Targa Resources Corp - ESG Rating & Company Profile powered by AI
Other companies in the scoring industry group for Targa Resources Corp are shownin the table. The Sustainability rating for Targa Resources Corp represents the company's transparency towards the United Nations Sustainable Development Goals. This page includes a questions and answers section for Targa Resources Corp.
Targa Resources Corp in the Natural Gas Utilities industry gained a UN SDG ESG Transparency Score of 1.1; made up of an environmental score of 0.0, social score of 1.0 and governance score of 2.3.
1.1
Low ImpactEnvironmental
Social
Governance
Peer Group Comparison
| Rank | Company | SDG Transparency Score ⓘ | Performance |
|---|---|---|---|
| 1 | National Grid Gas PLC | 8.0 | High |
| 1 | FortisBC Energy Inc (British Columbia) | 8.0 | High |
| ... | ... | ... | |
| 40 | Gazprom Gazoraspredeleniye Leningradskaya Oblast' AO | 1.3 | Low |
| 40 | Gazprom Gazoraspredeleniye Kostroma AO | 1.3 | Low |
| 43 | Targa Resources Corp | 1.1 | Low |
| 44 | Avenir LNG Ltd | 1.0 | Low |
| 45 | Gazprom Gazoraspredeleniye Nizhniy Novgorod PAO | 0.9 | Low |
| 65 | Zhytomyrhaz AT | 0.0 | Low |
| 65 | sakartvelos navtobisa da gazis k'orp'oratsia ss | 0.0 | Low |
| ... | ... | ... |
Frequently Asked Questions
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Potential Risks for Targa Resources Corp
These potential risks are based on the size, segment and geographies of the company.
Targa Resources Corp., together with its subsidiary, Targa Resources Partners LP, owns, operates, acquires, and develops a portfolio of midstream energy assets in North America. It operates in two segments, Gathering and Processing, and Logistics and Transportation. The company engages in gathering, compressing, treating, processing, transporting, and selling natural gas; storing, fractionating, treating, transporting, and selling natural gas liquids (NGL) and NGL products, including services to liquefied petroleum gas exporters; and gathering, purchasing, storing, terminaling, and selling crude oil. It is also involved in the purchase and resale of NGL products; and wholesale of propane, as well as provision of related logistics services to multi-state retailers, independent retailers, and other end-users. In addition, the company offers NGL balancing services; and transportation services to refineries and petrochemical companies in the Gulf Coast area, as well as purchases, markets, and resells natural gas. It operates approximately 28,700 miles of natural gas pipelines, including 42 owned and operated processing plants; and owns or operates a total of 34 storage wells with a gross storage capacity of approximately 75 million barrels. As of December 31, 2020, the company leased and managed approximately 694 railcars; 124 transport tractors; and 2 company-owned pressurized NGL barges. Targa Resources Corp. was incorporated in 2005 and is headquartered in Houston, Texas.