Climate Change Data

Buckeye Energy Holdings

Climate Impact & Sustainability Data (2023)

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:444,000 tCO2e/year (Scope 1 & 2)
Scope 1 Emissions:235,000 tCO2e/year
Scope 2 Emissions:209,000 tCO2e/year
Scope 3 Emissions:Not disclosed
Renewable Energy Share:12% of total energy use (2023)
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:39,514 tons/year
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Climate Change
  • Health and Safety
  • Diversity, Equity, and Inclusion
  • Community Engagement
  • Governance and Compliance

Environmental Achievements

  • Reduced scope 2 GHG emissions by 13% from 2019 baseline
  • Avoided approximately 160,000 metric tons of CO2 emissions through VRUs in 2023
  • Recycled and reused over 25,965 tons of recyclable materials in 2023
  • Reduced energy consumption by 8%
  • Achieved zero first, second, and third-party pipeline excavation damage release incidents.

Social Achievements

  • Total Recordable Incident Rate (TRIR) decreased by 50% from 2022
  • Motor Vehicle Incident Rate decreased by 40%
  • Launched Mentoring Program with 50 participants
  • Increased female representation at Executive and Senior Leader levels by 8% vs. 2020
  • Contributed over $750,000 to over 184 charitable organizations
  • 40,000+ hours of employee volunteering for community service

Governance Achievements

  • Launched Board-level Sustainability Committee
  • Established Environmental, Social & Governance Committee at the executive level
  • 99% employee ethics training completion rate
  • 97% cybersecurity training completion rate

Climate Goals & Targets

Long-term Goals:
  • Net zero emissions by 2040
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • Reduce scope 1 and 2 GHG emissions by 50% from 2019 baseline by 2025

Environmental Challenges

  • Managing climate risks and integrating decarbonization into business strategy
  • Evolving regulatory requirements regarding air quality, water, waste, and biodiversity
  • Supply chain disruptions
  • Cybersecurity threats
Mitigation Strategies
  • Investing in emissions-reduction technologies (VRUs, VFDs, etc.)
  • Implementing renewable energy projects
  • Developing alternative sourcing strategies
  • Implementing comprehensive cybersecurity measures and training

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Code of Conduct
  • Supplier sustainability requirements

Climate-Related Risks & Opportunities

Physical Risks
  • Extreme weather
Transition Risks
  • Regulatory changes
  • Market shifts
Opportunities
  • Development of energy-efficient products
  • Investment in renewable energy

Reporting Standards

Frameworks Used: SASB, EIC/GPA Midstream ESG Reporting

Certifications: ISO 14001

Third-party Assurance: ERM CVS

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Renewable energy products and services

Awards & Recognition

  • ILTA Safety Excellence Award
  • GRESB Infrastructure First quartile ranking
  • Top Workplaces Houston
  • Top Workplaces Allentown
  • President’s Volunteer Service Award