Naturgy Energy Group SA 2020 AR2
The report outlines Naturgy Energy Group, S.A.'s financial and operational performance for the fiscal year 2020, which was heavily impacted by the COVID-19 pandemic. Despite challenges such as lower energy demand and currency depreciation in Latin America, the company achieved its target of 500 million euros in efficiencies two years ahead of schedule. Naturgy made significant progress in its energy transition by closing all its coal-fired plants in Spain and expanding its renewable footprint, notably entering the U.S. renewables market. Additionally, the company established a Sustainability Committee at the Board level to oversee its environmental, social, and governance (ESG) commitments.
Company: Naturgy Energy Group SA
Sector: Energy utilities
Country: Spain
Year: 2020
Type: AR2
Pages: 234
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Naturgy Energy Group SA
Annual Report
The report outlines Naturgy Energy Group, S.A.'s financial and operational performance for the fiscal year 2020, which was heavily impacted by the COVID-19 pandemic. Despite challenges such as lower energy demand and currency depreciation in Latin America, the company achieved its target of 500 million euros in efficiencies two years ahead of schedule. Naturgy made significant progress in its energy transition by closing all its coal-fired plants in Spain and expanding its renewable footprint, notably entering the U.S. renewables market. Additionally, the company established a Sustainability Committee at the Board level to oversee its environmental, social, and governance (ESG) commitments.
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Document Details
Report Year
2020
Reporting Period
Jan 1, 2020 - Dec 31, 2020
Fiscal Year
2020
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Women on Board
Employees