Climate Change Data

Advario B.V.

Climate Impact & Sustainability Data (2022, 2023)

Reporting Period: 2022

Environmental Metrics

Total Carbon Emissions:41,660 tCO2e/year (Scope 1 & 2)
Scope 1 Emissions:28,694 tCO2e/year
Scope 2 Emissions:12,966 tCO2e/year
Renewable Energy Share:5.7% (in Singapore)
Total Energy Consumption:497,312 GJ/year
Water Consumption:239,901 m3/year
Waste Generated:5,268 tons/year
Carbon Intensity:0.77 tCO2e/1000 t (2022)

ESG Focus Areas

  • Growing with a clear sustainability focus toward new energies
  • Reducing our environmental footprint while driving innovation
  • Caring about individuals and communities
  • Fostering talent while being inclusive and diverse
  • Committing to good corporate governance

Environmental Achievements

  • Galveston terminal in Texas operated using 100% carbon-free electricity
  • Three terminals in Singapore have installed solar panels, providing approximately 5.7% of their annual consumption
  • Substitution of combustion engine vehicles with electric carts and the use of LED lighting
  • Reduced wastewater at the Advario Oman (ADO) site

Social Achievements

  • Global Safety Day focused on the “Human Factor”, empowering employees to create an incident-free organization
  • Significant improvement in safety performance with reduction of TRI rate in 2022
  • First global CSR Summer volunteering initiative with 250 employees participating in local environmental clean-ups
  • Donations to support those suffering from the Russo-Ukrainian war and other humanitarian efforts

Governance Achievements

  • Implemented policies, campaigns and trainings on harassment, anti-trust and sanctions
  • All teams and departments involved in anti-trust and sanctions have undertaken trainings
  • Contractor requalification process included financial assessment and HSSE compliance assessment
  • Advario Gas Terminal awarded a renewed gold rating in 2022 by EcoVadis

Climate Goals & Targets

Long-term Goals:
  • Net Zero GHG emissions from operations by 2040
Medium-term Goals:
  • 100% renewable energy purchase contracts at multiple sites
Short-term Goals:
  • Achieve ISO 14001 certifications for all terminals by end of 2025

Environmental Challenges

  • Increased absolute GHG emissions and emission intensity due to increased business activity in energy-intense products
  • Russia’s invasion of Ukraine impacted operations, particularly in Finland
  • After-effects of the COVID-19 pandemic influenced work
  • Varying local regulations and facilities for handling waste materials limited recycling potential
Mitigation Strategies
  • Detailed study to define baseline GHG emissions and identify decarbonization opportunities
  • Roadmap to reduce absolute CO2 emissions developed
  • Shifting Finland business to sustainable alternative revenue streams (biofuels)
  • Exploring partnership opportunities involving innovative waste-to-value supply chain solutions

Supply Chain Management

Supplier Audits: Regular risk assessments; ESG qualification planned for key suppliers in 2023

Responsible Procurement
  • Rigorous background checks prior to engaging business partners
  • Adapting contracts to ensure compliance with German Due Diligence Supply Chain Act
  • Supplier code of conduct under development

Climate-Related Risks & Opportunities

Opportunities
  • Development of energy-efficient products

Reporting Standards

Frameworks Used: GRI

Certifications: ISO 9001, ISO 14001, ISO 45001, ISCC, EcoVadis

Awards & Recognition

  • ILTA Safety Excellence Award (Advario North America)

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:40190 tCO2e/year
Scope 1 Emissions:12935 tCO2e/year
Scope 2 Emissions:27255 tCO2e/year
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:451864 GJ/year
Water Consumption:395479 m3/year
Waste Generated:6831 tons/year
Carbon Intensity:0.68 tCO2e/1000 t throughput (2023)

ESG Focus Areas

  • Reducing our environmental footprint while driving innovation
  • Caring about individuals and communities
  • Fostering talent while being inclusive and diverse
  • Committing to good corporate governance
  • Growing with a clear sustainability focus toward new energies

Environmental Achievements

  • Reduced carbon footprint by implementing localized decarbonization plans and investing in energy efficiency at our terminals
  • Reduced energy intensity ratio from 9.21 (2022) to 7.79 in 2023
  • Texas City Terminal in Houston transitioned to a 100% renewable electricity contract
  • Oman terminal converted hazardous waste into fertilizer
  • Launched a new global Environmental Protection and Pollution Prevention standard

Social Achievements

  • Oman terminal recognized by Oman’s Ministry of Labor for job creation efforts
  • Various community engagement projects at different terminals (e.g., tree planting, plastic pollution awareness training)
  • High response rate and encouraging engagement score in the 'My Voice' employee engagement survey

Governance Achievements

  • Implemented Advario’s Code of Conduct, Sustainability Policy, and Quality Policy
  • Established a Supplier Code of Conduct
  • Increased efforts and prioritized information security and data protection

Climate Goals & Targets

Long-term Goals:
  • Double the business by 2030 with a material share of revenue from renewables
Medium-term Goals:
  • Achieve Net Zero emissions from operations by 2040 (or sooner)
Short-term Goals:
  • Not disclosed

Environmental Challenges

  • Increase in safety incidents in the latter half of the year, primarily due to human error
  • Market disruption and volatility affecting portfolio
  • Collapse of the ethanol business in the USA
Mitigation Strategies
  • Vigilant operators promptly reporting incidents enabling refinement of safety measures
  • Successfully secured new contracts for different products in the USA, diversifying customer base
  • Implementing Behavior Based Safety (BBS) in 2024

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Supplier Code of Conduct

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Not disclosed
Opportunities
  • Development of energy-efficient products and services

Reporting Standards

Frameworks Used: GRI

Certifications: ISO 9001, ISO 14001, ISO 45001, ISCC, EcoVadis

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Ammonia storage and handling, biofuels storage

Awards & Recognition

  • 'Terminal of the Future' award