Carbon Offsetting

Energy Transition

Under the aegis of H.S.H. the Sovereign Prince, the Princely Government is carrying out a committed energy efficiency policy that is aimed at making it possible to reduce greenhouse gases by 50% by 2030 compared with 1990. In order to reach this objective and put the Principality on the road to carbon neutrality by 2050, the SMEG is asking you to make your contribution by subscribing to the eco2 carbon offset.


The Climate Energy Plan

The Principality is seeking to reach the following objectives in 2020:

  • a 30% reduction in greenhouse gas emissions compared to 1990;
  • a 20% improvement in energy efficiency compared to 2007:
  • 20% of final energy consumption from renewable energy sources.


Reduce your carbon footprint with eco2

The SMEG suggests that you offset the CO2 emissions associated with your natural gas consumption by funding projects to assist greenhouse gas reduction.






To download the eco2 leaflet click here. For further information please contact our Customer Relations office on 92 05 66 44 or by email at the following address:

A partnership between the Prince Albert II Foundation and SMEG.

SMEG has partnered with the Prince Albert II Foundation, as a part of its Monaco Carbon Offsetting program, to offer its Customers to offset the entirety of their emissions linked to their natural gas consumption.

The Albert II Foundation and SMEG, aware that they are complementary, have wished to collaborate, in this way, to raise awareness among our Customers to the consequences of energy consumption on climate change.

 To consult the Prince Albert II Foundation web site, click here.

The principle of carbon offsetting

Carbon Offsetting is a voluntary undertaking which lets you trade (all or part) of your greenhouse gas emissions with an equivalent amount of “carbon credits” by buying them from a third-party. This undertaking allows for the financing of carbon sequestration or greenhouse gas reduction projects which give “carbon credits.”

Our « Carbon Offsetting » Offer for your Natural Gas consumption.



The principle

We calculate the CO2 emissions produced by your natural gas consumption by taking into account that the combustion of 5405 kWh* of natural gas emits 1 tonne of CO2, equivalent to one carbon credit.

You completely offset the CO2 emissions linked to your natural gas consumption by buying carbon credits stemming from the Prince Albert II of Monaco Foundation’s Monaco Carbon Offsetting program.

Eco2 is billed at the same time as your gas consumption with an additional line on your energy bill.

The aim

By choosing eco2 you reduce your footprint on the environment and on global warming.

Click here to consult our terms and conditions.