ClimateTicker

National Gas

33Laggard· Provisional
0 followersGas utility / LNG·Warwick, UK·Founded 2023
www.nationalgas.com

National Gas is the operator of the UK's national gas transmission system, managing approximately 7,660 km of high-pressure pipelines that carry gas from entry points to local distribution networks.

33/100
Laggard· Provisional

ClimateTicker Green Score · how it's calculated

Greenwashing risk: highData confidence: medium

Ownership

Owned by

Why it's on ClimateTicker

National Gas operates the UK's ~7,660 km high-pressure gas transmission system — a critical piece of fossil-fuel infrastructure whose core revenue depends on continued natural gas throughput, making it structurally a laggard despite genuine transition ambitions. The company is pursuing hydrogen and biomethane transport as a future pivot, but the core business today moves fossil methane at scale. Investors should treat sustainability claims cautiously: the gap between aspirational net-zero branding and the physical reality of fugitive methane emissions and fossil dependency is material.

laggardNational Gas earns regulated revenues (set under Ofgem's RIIO-T2 price control framework) for owning, operating, and maintaining Britain's National Transmission System — the high-pressure pipeline network that transports natural gas from entry terminals and LNG facilities to regional distribution networks. Its shareholders are Macquarie Asset Management and British Columbia Investment Management Corporation.

Commitments & Certifications

other: Regulatory compliance reporting only — no SBTi, no verified CDP score found ↗

Controversy & Greenwashing Watch

mediumNo SBTi-validated targets despite net-zero marketing

National Gas markets itself as 'leading a clean energy future' with a 2040 net-zero ambition, but no science-based targets validated by the SBTi were found in the public record, and Scope 3 (end-use combustion) emissions — overwhelmingly the largest category — appear to be excluded from decarbonisation commitments.source ↗

highMethane venting at compressor stations (Clean Air Task Force, 2021)

An infrared camera survey by the Clean Air Task Force found methane leaking at five of six compressor stations visited on the UK National Transmission System, with two sites described as among the largest methane emission events witnessed across 250 European sites; the operator attributed the emissions to maintenance venting, but independent observation contradicted that explanation.source ↗

highHigh-pressure pipeline fugitive CH4 emissions underreported

A peer-reviewed academic survey of the UK National Transmission System estimated fugitive methane emissions of approximately 62.6 kt CH4/year from high-pressure pipelines alone — equivalent to ~2.9% of the total UK methane inventory — raising doubts about the adequacy of official self-reported leakage figures.source ↗

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