By Maitane Sardon


Naturgy Energy Group SA on Tuesday said that it will request its suppliers to measure their carbon footprint as part of its goal to reach net zero emissions by 2050.

Starting this year, suppliers with high exposure to climate change-related risks are required to calculate the total amount of greenhouse gases associated with their activities, the Spanish energy company said.

The measure affects contracts that exceed 500,000 euros ($534,325), the company said.

It said more than a hundred suppliers will be required to submit a carbon-footprint certificate as a mandatory requirement to be assessed as technically valid.

The measure is aimed at reducing the so-called Scope 3 emissions, which include those created by customers and suppliers.


Write to Maitane Sardon at maitane.sardon@wsj.com


Corrections & Amplifications

This article was corrected on February 22, 2023 to fix the year in the first paragraph. It should be 2050, not 20250.

(END) Dow Jones Newswires

02-21-23 0625ET