Climate Change Data

Vinson & Elkins

Climate Impact & Sustainability Data (2024)

Reporting Period: 2024

Environmental Metrics

ESG Focus Areas

  • Climate Change
  • Sustainable Aviation Fuel (SAF)

Climate Goals & Targets

Environmental Challenges

  • Repurposing of arable land for SAF production may limit environmental benefits.
  • Uncertainty regarding the carbon intensity and sustainability of aviation fuels.
  • Changing regulatory landscape.
  • Reputational risks for projects across the SAF value chain.
  • Technological risks due to ongoing development of SAF production methods.
Mitigation Strategies
  • Repurposing degraded land and reintroducing native plants.
  • Robust protections and best practice sharing provisions in technology licenses and operation and maintenance agreements.
  • Investigating land repurposing issues and considering protections and contingency options.
  • Offtake agreements that do not commit producers to supply if feedstock is delayed due to project-on-project risks.

Supply Chain Management

Responsible Procurement
  • Security of feedstock supply (quantity and quality)

Climate-Related Risks & Opportunities

Transition Risks
  • Regulatory changes
Opportunities
  • SAF production and utilization

UN Sustainable Development Goals

  • SDG 7 (Affordable and Clean Energy)
  • SDG 13 (Climate Action)

SAF production contributes to reducing greenhouse gas emissions from aviation and promoting renewable energy sources.

Sustainable Products & Innovation

  • SAF