Climate Change Data

Dynagas LNG Partners LP

Climate Impact & Sustainability Data (2021, 2022, 2023)

Reporting Period: 2021

Environmental Metrics

Total Carbon Emissions:495,589 tonnes CO2 (Scope 1)
Scope 1 Emissions:495,589 tonnes CO2
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:8,832,251 GJ (fleet) , 743,056 kJ/m2 (onshore)
Water Consumption:52,533 m3 (onboard)
Waste Generated:See detailed breakdown in report (garbage, plastics, oil residues, oily bilge water)
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Environment
  • Social
  • Governance

Environmental Achievements

  • Reduced onshore electricity consumption by approximately 5% compared to 2020.
  • Achieved a 24% decrease in onshore energy consumption from oil compared to 2020.
  • Zero oil spills or other contamination by our vessels in 2021.
  • Zero non-compliance with environmental laws and regulations incidents in 2021.

Social Achievements

  • 98.7% seafarer retention rate.
  • 26 seafarers promoted during 2021.
  • 100% of seafarers participated in the annual performance appraisal process in 2021.
  • Reduction in Total Recordable Cases Frequencies (TRCF) by 0.63%, and Lost Time Injury Frequency (LTIF) rate reduced by 0.42%.

Governance Achievements

  • Compliance with all NYSE corporate governance standards applicable to U.S. domestic issuers.
  • Zero corruption incidents.
  • Zero violations of the Code of Ethics.
  • Zero material weaknesses or deficiencies identified in internal controls.

Climate Goals & Targets

Long-term Goals:
  • Work with the industry to find ways of continuing to reduce the environmental footprint in line with the 2050 IMO global strategy.
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • Install ballast water treatment systems on remaining fleet vessels by 2023.

Environmental Challenges

  • Increased average fleet EEOI and AER by approximately 3% compared to 2020 due to longer ballast voyages.
  • Increased NOx, SOx, and PM emissions in 2021 compared to 2020 due to longer ballast voyages.
Mitigation Strategies
  • Implementation of an Energy Management System certified to ISO 50001.
  • Monitoring energy consumption of vessels and onshore activities.
  • Implementing vessel and voyage energy strategies to minimize energy usage.
  • Promoting onboard and onshore energy efficiency awareness.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • HSSE requirements outlined in Contractor’s Agreement.
  • Risk evaluation process considering nature of work, risk control mechanisms, location, and hazards.

Climate-Related Risks & Opportunities

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

Reporting Standards

Frameworks Used: GRI Standards: Core option, SASB for Marine Transportation

Certifications: ISO 9001:2015, ISO 27001:2013, ISO 50001:2018, ISO 45001:2018, ISO 14001:2015

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Not disclosed

Reporting Period: 2022

Environmental Metrics

Total Carbon Emissions:416,305 tCO₂e
Scope 1 Emissions:416,305 tCO₂e
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:7,073,707 metric tonnes HFO equivalent
Water Consumption:48,234 m3 (consumption), 48,570 m3 (production)
Waste Generated:See report for detailed breakdown by type and volume.
Carbon Intensity:3.16 tCO2 eq/million dollars

ESG Focus Areas

  • Environment
  • Social
  • Governance

Environmental Achievements

  • Zero incidents of non-compliance with environmental laws and regulations in 2021 and 2022.
  • Average fleet AER decreased by approximately 20.8% compared to 2021.
  • Average fleet EEOI decreased by approximately 53% in comparison to 2021.

Social Achievements

  • 99.8% seafarer retention rate.
  • Zero reported incidents of discrimination during 2022.
  • 100% of seafarers participated in an occupational health and safety training in 2022.

Governance Achievements

  • Compliance with all NYSE corporate governance standards, applicable to Foreign Private Issuers.
  • Zero Material weaknesses or deficiencies identified in 195 Internal controls tested.
  • Zero Cyber Security Incidents

Climate Goals & Targets

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

Environmental Challenges

  • Increased daily operating expenses (0.7% compared to 2021), mainly due to dry-docking surveys.
  • Rise in the average ballast to laden ratio leading to increased SOx, NOx, and PM emissions compared to 2021.
Mitigation Strategies
  • Implementing vessel and voyage energy-saving strategies to minimize energy usage and ensure efficiency.
  • Continuous improvement of fleet technical performance and energy efficiency.
  • Promoting onboard and ashore energy efficiency awareness.

Supply Chain Management

Supplier Audits: All new suppliers in 2022 were screened regarding safety, social, and environmental criteria.

Responsible Procurement
  • Environmental friendly, recyclable packaging for supplies.
  • Bulk supply of stores to reduce waste.

Climate-Related Risks & Opportunities

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

Reporting Standards

Frameworks Used: Global Reporting Initiative Standards: Core Option (2021), Sustainability Accounting Standards Board (SASB) for Marine Transportation (2018), United Nations Sustainable Development Goals (SDGs)

Certifications: ISO 50001:2018 (Energy Management System), ISO 9001:2015 (Quality Management System), ISO 45001:2018 (Occupational health and safety system), ISO 27001:2013 (Information security management), ISO 14001:2015 (Environmental management system)

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • SDG 3 (Good health and well-being)
  • SDG 8 (Decent work and economic growth)
  • SDG 9 (Industry, innovation and infrastructure)
  • SDG 10 (Reduced inequalities)
  • SDG 12 (Responsible consumption and production)
  • SDG 13 (Climate action)
  • SDG 14 (Life below water)
  • SDG 15 (Life on land)

The report explains how initiatives contribute to these goals.

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Not disclosed

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:505,072 tCO2e
Scope 1 Emissions:505,072 tCO2e
Total Energy Consumption:8,111,712 GJ
Water Consumption:45,593 m3 (consumption), 45,847 m3 (production)
Waste Generated:264.6 m3 (total garbage), 67.6 m3 (plastics)
Carbon Intensity:3,392 tCO2e/million $

ESG Focus Areas

  • Environment
  • Social
  • Governance

Environmental Achievements

  • Implemented a digital monitoring platform for tracking emissions and energy consumption.
  • Calculated and reported Carbon Intensity Indicator (CII) and monitored energy performance through Energy Efficiency Operational Indicator (EEOI).
  • Implemented digital tools for efficient monitoring, reporting, and verification of EU ETS emissions.

Social Achievements

  • Maintained a workforce of 1,277 seafarers with a 99.4% retention rate.
  • Invested over $138,000 in crew training and development.
  • Initiated a new cadetship program.

Governance Achievements

  • Complied with all NYSE corporate governance standards.
  • Implemented a Code of Business Ethics and Conduct.
  • Established a Just Culture Policy and Whistleblowing Policy.

Climate Goals & Targets

Long-term Goals:
  • Monitoring future ship propulsion technologies and evaluating new solutions as they become available.
Short-term Goals:
  • Collaborative efforts with charterers to optimize vessel operations and reduce emissions.
  • Continuous improvement in various areas to enhance operational efficiency and reduce emissions.

Environmental Challenges

  • Dry dock maintenance affecting operational profile.
  • Geopolitical events (Red Sea crisis) leading to longer routes and less efficient operations.
  • Cyber threats.
Mitigation Strategies
  • Collaboration with charterers to optimize operational efficiency and reduce emissions.
  • Continuous improvement in hull and propeller efficiency, trim optimization, weather routing, engine optimization, cargo conditioning, and crew training.
  • Implementation of effective cybersecurity measures and regular training programs.

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI Standards: Core Option (2021), SASB for Marine Transportation (2018), UN Sustainable Development Goals (SDGs)

Certifications: ISO 45001:2018, ISO 14001:2015, ISO 27001:2013, ISO 9001:2015, ISO 50001:2018