Naturgy (Gas Natural Fenosa)

InfluenceMap Score
C-
Performance Band
60%
Organisation Score
59%
Relationship Score
Modifications to InfluenceMap Scoring
Sector:
Utilities
Head​quarters:
Barcelona, Spain
Wikipedia:

Climate Lobbying Overview: Naturgy (formerly Natural Gas Fenosa) appears broadly supportive of action on climate change, but engagement on specific climate policy is limited. The company continues to support fossil gas in the energy mix, despite positive top-line messaging on the energy transition.

Top-line Messaging on Climate Policy: Naturgy appears supportive of the Paris Agreement, and described efforts to avoid a global temperature rise of 2°C as an “imperative mission” in 2015. In 2020, Naturgy outlined its support for the more ambitious 1.5°C limit of the Paris Agreement.

Engagement with Climate-Related Regulations: The company appears broadly supportive of the need for policy to respond to climate change. In a 2020 submission to the European Commission on the EU 2030 Climate Target Plan, Naturgy advocated for the implementation of “coordinated EU policies” to enhance climate action. However, the company has not publicly detailed the type of policy response it supports. In its 2021 consultation response on the EU Emissions Trading Scheme, Naturgy appeared to support increased ambition in the EU ETS, but advocated against the removal of free allowances. In several other 2021 consultation responses, the company supported revising the EU’s Renewable Energy Directive, to align with other more ambitious EU climate policy objectives, but appeared not to support higher ambition in the EU’s Energy Efficiency Directive revision.

Positioning on Energy Transition: Naturgy’s top-line communications on the energy transition have been mixed. In its 2020 Sustainability Report, published in March 2021, the company’s president, Francisco Reynés, appeared to support decarbonization of the energy mix, and a greater role of renewable energy. However, in a Eurogas newsletter, a Naturgy spokesperson suggested support for the blending of fossil gas with hydrogen, and a continued role of fossil gas in the energy mix. Naturgy also appeared to support a greater role for renewable gases, such as biogas and renewable hydrogen, to reduce emissions from the energy mix in its 2020 Sustainability Report.

Industry Association Governance: Naturgy does not disclose a full list of its trade association memberships and has not published a full audit disclosure of its alignment to its industry associations on climate policy. Naturgy is a member of Eurogas, which has mixed engagement with European climate policy and campaigns for the long-term role for fossil gas in the EU energy mix.

QUERIES
DATA SOURCES
Main Web Site Social Media CDP Responses Legislative Consultations Media Reports CEO Messaging Financial Disclosures
Communication of Climate Science
1 NS NS NS NS NS NS
Alignment with IPCC on Climate Action
NS 2 NA NS NS NS NS
Supporting the Need for Regulations
0 2 NS 1 NS 1 NS
Support of UN Climate Process
NS 1 NS NS NS NS NS
Transparency on Legislation
-2 NA 1 NA NA NA NS
Carbon Tax
NS NS NS NS NS NS NS
Emissions Trading
NS 1 1 -1 NS NS NS
Energy and Resource Efficiency
NS NS 0 -1 -1 NS NS
Renewable Energy
NS NS -1 2 -1 NS NS
Energy Transition & Zero Carbon Technologies
0 0 0 0 -1 1 NS
GHG Emission Regulation
NS 2 NS 1 2 NS NS
Disclosure on Relationships
0 NS -2 NA NA NA NS
Strength of Relationship
STRONG
 
 
 
 
 
 
 
WEAK
 
61%
 
61%
 
67%
 
67%
 
48%
 
48%
 
42%
 
42%
 
76%
 
76%
 
64%
 
64%
 
39%
 
39%
 
57%
 
57%
 
39%
 
39%

How to Read our Relationship Score Map

In this section, we depict graphically the relationships the corporation has with trade associations, federations, advocacy groups and other third parties who may be acting on their behalf to influence climate change policy. Each of the columns above represents one relationship the corporation appears to have with such a third party. In these columns, the top, dark section represents the strength of the relationship the corporation has with the influencer. For example if a corporation's senior executive also held a key role in the trade association, we would deem this to be a strong relationship and it would be on the far left of the chart above, with the weaker ones to the right. Click on these grey shaded upper sections for details of these relationships. The middle section contains a link to the organization score details of the influencer concerned, so you can see the details of its climate change policy influence. Click on the middle sections for for details of the trade associations. The lower section contains the organization score of that influencer, the lower the more negatively it is influencing climate policy.