NuStar Energy L.P.
Climate Impact & Sustainability Data (2021, 2022)
Reporting Period: 2021
Environmental Metrics
Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed
ESG Focus Areas
- Environmental
- Social
- Governance
Environmental Achievements
- Launched inaugural Sustainability report and ESG website
Social Achievements
- Not disclosed
Governance Achievements
- Not disclosed
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Not disclosed
Environmental Challenges
- Not disclosed
Mitigation Strategies
- Not disclosed
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Not disclosed
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: Null
Certifications: Null
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:321,752 tCO2e/year (Scope 1 and 2, US only)
Scope 1 Emissions:144,168 tCO2e/year (US only)
Scope 2 Emissions:177,584 tCO2e/year (US only)
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:0.37068 MT CO2e/Thousand BOE (2022, US only)
ESG Focus Areas
- Environmental
- Social
- Governance
Environmental Achievements
- Released only 0.00028% of total annual throughput of 868 million barrels
- Completed over a dozen projects since 2017 to develop West Coast Renewable Fuels Network, including two in 2022 increasing renewable diesel storage and ethanol transportation capabilities.
- Handled 4% of California's total biodiesel volume, 11% of ethanol, ~18% of renewable diesel, and 60% of sustainable aviation fuel in 2022.
- Renewable fuels-related services generated over 37% of West Coast storage assets’ revenue.
Social Achievements
- Pledged approximately $4 million to United Way in 2022.
- Headquarters average per capita contribution to United Way is the highest corporate rate in the nation.
- NuStar NuHope Golf Classic raised over $52 million for Haven for Hope since 2007.
- Maintained one of the best Total Recordable Incident Rates (TRIR) and highest number of OSHA Voluntary Protection Program (VPP) Star Sites in the independent liquids storage industry.
Governance Achievements
- 90% of directors are independent.
- Established standing Audit, Compensation and Nominating/Governance & Conflicts Committees.
- Executive compensation program focuses on pay-for-performance, aligning strategic priorities and management’s interests with investors.
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- $25 million allocated in 2023 to expand West Coast Renewable Fuels Network to increase renewable fuels storage capacity.
Environmental Challenges
- Not disclosed
Mitigation Strategies
- Not disclosed
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Not disclosed
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: Energy Infrastructure Council (EIC), Sustainability Accounting Standards Board (SASB)
Certifications: OSHA Voluntary Protection Program (VPP) Star Sites
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- International Liquid Terminals Association’s Safety Excellence Award (13 times)
- FORTUNE Magazine’s “100 Best Companies to Work For” (13 times)
- FORTUNE Magazine’s “Best Workplaces for Millennials” (5 times)
- Best Places for Working Parents (3 times)
- Latino Leader Magazine’s “Best Companies for Latinos to Work” (3 times)
- Newsweek’s 2023 list of “America’s Most Trustworthy Companies”