Enagás obtains the highest rating in the CDP Climate Change ranking for the third year running

07 July 2021

For the third consecutive year, Enagás is among the leading companies in the world to be included in the CDP Climate Change ‘A List’, the highest rating on this annual climate action index.

This places Enagás among the world’s most advanced companies in terms of sustainability and environmental management, for its performance and transparency in the fields of emissions reduction, risk management and opportunities arising from climate change, and promoting a low-carbon economy.

Enagás' continued inclusion in this ranking, in which this year close to 12,000 companies worldwide have taken part by reporting climate information, is further recognition of its commitment to carbon neutrality, the setting of ambitious emission reduction targets, as well as its commitment to the development of hydrogen and other renewable gases.

Since 2014, Enagás has reduced its greenhouse gas emissions by 63%, which represents significant progress towards its goal of becoming a carbon-neutral company by 2040. In addition, it is promoting the decarbonisation of the economy and the industry, with 55 specific renewable gas projects throughout Spain (34 green hydrogen projects and 21 biomethane projects), together with more than 60 Partners.

CDP is a not-for-profit organisation that aims to promote greenhouse gas reduction, forest protection and the safeguarding of water resources among companies and governments. Its procedures and methodology are considered a benchmark in corporate environmental transparency for investors all over the world. It is also the main provider of climate information to investors.

Leadership in sustainability

This recognition reinforces Enagás' leadership in sustainability. Enagás is a member of the Dow Jones Sustainability Index (DJSI) and has the highest ESG rating in its sector in the FTSE4Good sustainability index. It is one of the companies that has spelled out its climate commitments in the European Climate Pact initiative, which forms part of the European Green Deal, and the Financial Times has included it in its list of Europe’s Climate Leaders.

Moreover, Enagás’ carbon footprint has been registered by the Ministry for Ecological Transition and the Demographic Challenge, obtaining the Calculo, Reduzco y Compenso (Calculate, Reduce and Compensate) seal. In line with its commitment to reduce methane emissions, Enagás has voluntarily joined the OGMP 2.0 initiative, spearheaded by the United Nations Environment Programme (UNEP) with the support of the European Commission, and has achieved the highest rating: Gold Standard.


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