Climate Change Data

Environmental Metrics

ESG Focus Areas

• Safety
• Environment
• Social Responsibility
• Governance

Environmental Achievements

• Reduced Scope 1 greenhouse gas emissions by approximately 6% from 2021, due in part to a $5 million investment over four years in replacing vapor combustion units with vapor recovery units, resulting in reductions of approximately 8,500 metric tons of annual carbon emissions.
• Recycled more than 590,000 lbs of steel and close to 1,000 lbs of aluminum in 2022.
• Completed LED lighting conversion projects at four terminals in 2022.

Social Achievements

• Holes for Homes Tournament raised over $750,000 for local charities.
• Donated to the Sabina School and Boarding Home in Southern Uganda.
• Maintained a diverse workforce: >35% minority employees, ~25% women in senior management, >15% veterans.

Governance Achievements

• Continued to file periodic reports with the Securities and Exchange Commission and maintain rigid public-company governance standards.
• Implemented procurement policies, systems, and processes to guide proper conduct and decision-making by employees negotiating contracts with vendors.
• Maintained a third-party-hosted whistleblower hotline.

Climate Goals & Targets

Environmental Challenges

• Reducing greenhouse gas emissions from vapor combustion (customer-owned vapors during fuel loading)
• Maintaining safety and environmental standards across diverse geographies and weather conditions.

Mitigation Strategies

• Investment in vapor recovery units to reduce emissions.
• Rigorous safety measures, practices, and training programs; incident investigations and root-cause analysis; partnerships with spill response management organizations; regular drills and exercises.

Supply Chain Management

Responsible Procurement

• Competitive procurement process; internal controls to review compliance metrics; contractor and supplier management system to verify qualifications and safety performance.

Climate-Related Risks & Opportunities

Physical Risks

• Severe weather events

Opportunities

• Growth opportunities in energy transition logistics (renewable fuels)

Reporting Standards

Frameworks Used: SASB (Oil and Gas Midstream), GRI, Greenhouse Gas Protocol, TCFD

Awards & Recognition

• ILTA’s 2019 Safety Excellence Award
• ILTA’s 2017 Safety Improvement Award
• ILTA’s 2012 Safety Improvement Award

Environmental Metrics

ESG Focus Areas

• Environmental
• Energy Transition
• Social
• Governance

Environmental Achievements

• Reduced Scope 1 greenhouse gas emissions by 8% since 2021 through a $5 million investment in emission-reducing initiatives over the past four years, primarily replacing vapor combustion units with vapor recovery units.
• Recycled more than 3.1 million pounds of steel and 10,000 pounds of aluminum in the past 3 years.

Social Achievements

• Holes for Homes Tournament raised over $850,000 for local charities.
• Employees completed over 19,000 hours of training in 2023.
• Maintained a diverse workforce with over 35% minority populations, approximately 25% women in senior management, and more than 17% veterans.

Governance Achievements

• Continued to file public reports with the Securities and Exchange Commission (SEC), maintaining rigid public-company governance standards.
• Implemented rigorous internal controls over financial reporting that are periodically tested.

Climate Goals & Targets

Environmental Challenges

• Navigating the intricacies of new and changing regulatory requirements in the rapidly evolving energy landscape.
• Minimizing the environmental impact of handling bulk liquids.

Mitigation Strategies

• Swift and effective implementation of regulatory changes.
• Investing in emission-reducing initiatives (vapor recovery units).
• Continuous monitoring for leaks and implementing repairs.
• Proactive community outreach program.

Supply Chain Management

Responsible Procurement

• Competitive procurement process with internal controls to review compliance metrics.

Climate-Related Risks & Opportunities

Physical Risks

• Severe weather events

Transition Risks

• Regulatory changes

Opportunities

• Growth opportunities in renewable fuels and sustainability-related services.

Reporting Standards

Frameworks Used: SASB (Oil and Gas Midstream), GRI, Greenhouse Gas Protocol, TCFD

Sustainable Products & Innovation

• Conversion of a tank to biodiesel service in Port Manatee
• Installation of biodiesel blending capability at the Seattle terminal

Awards & Recognition

• ILTA’s 2019 Safety Excellence Award
• ILTA’s 2017 Safety Improvement Award
• ILTA’s 2012 Safety Improvement Award