Climate Change Data

Genesis Energy, L.P.

Climate Impact & Sustainability Data (2021, 2022)

Reporting Period: 2021

Environmental Metrics

Total Carbon Emissions:3,465,600 tCO2e/year
Scope 1 Emissions:3,141,836 tCO2e/year
Scope 2 Emissions:323,765 tCO2e/year

ESG Focus Areas

  • Environmental
  • Social
  • Governance

Environmental Achievements

  • Reduced total recordable incident rate (TRIR) in 2021.
  • Established Greenhouse Gas Scope 1 and Scope 2 baselines for 2019 to track progress.
  • Opened a new NaHS Terminal in Lake Charles, Louisiana, reducing transportation emissions by approximately 94% round trip.
  • Participation in the Rigs-to-Reefs Program for decommissioning the Falcon platform.
  • Recognized by the Department of Commerce for efforts to protect the North Atlantic right whale.

Social Achievements

  • Increased community engagement by developing a corporate giving program and hosting volunteer events.
  • Offered a comprehensive employee benefits program.
  • Implemented performance management processes, regular coaching, and leadership training.

Governance Achievements

  • Updated HSSE Management System to incorporate lessons learned.
  • Maintained a Code of Business Conduct and Ethics with annual employee acknowledgment.
  • Established a 24/7 Compliance and Ethics Hotline monitored by an independent third-party organization.

Climate Goals & Targets

Environmental Challenges

  • Managing environmental risks associated with energy product transportation and processing.
  • Maintaining safety standards across diverse business segments.
  • Balancing stakeholder expectations with business operations.
Mitigation Strategies
  • Robust spill prevention and response program.
  • Proactive HSSE policies, training, and incident evaluations.
  • Ongoing stakeholder engagement and communication.

Supply Chain Management

Climate-Related Risks & Opportunities

Opportunities
  • Participation in the energy transition through soda ash production for renewable energy applications.

Reporting Standards

Frameworks Used: SASB

UN Sustainable Development Goals

  • SDG 14

Commitment to right whale conservation.

Awards & Recognition

  • Department of Commerce’s Office of National Marine Sanctuaries recognition for right whale protection efforts.

Reporting Period: 2022

Environmental Metrics

Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Greenhouse gas emissions
  • Community investment
  • Safety
  • Environmental stewardship

Environmental Achievements

  • Published inaugural ESG report in May 2023
  • U.S. natural soda ash has a GHG footprint ~37% less than Chinese synthetic soda ash when leaving their respective manufacturing sites and ~21% on a delivered basis to customers southeast Asia after factoring in emissions incurred in rail and shipping transportation
  • Re-purposing existing facility to reduce environmental impact (reducing producer emissions impact by approximately 70%)

Social Achievements

  • Making positive contributions to the community through volunteer events and corporate giving
  • Connected executive and key employee compensation to ESG performance metrics

Governance Achievements

  • Board and executive management engaged in review of ESG program implementation
  • Implemented third party software to help manage, document and organize all ESG data

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • Not disclosed

Environmental Challenges

  • Extreme weather conditions in Green River, WY during the first quarter caused ~300k+ of supply disruptions
Mitigation Strategies
  • Not disclosed

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Not disclosed

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Not disclosed
Opportunities
  • Not disclosed

Reporting Standards

Frameworks Used: Null

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Not disclosed