Climate Change Data

EXMAR NV

Climate Impact & Sustainability Data (2023)

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:4,863,553 tCO2e/year (Scope 3)
Scope 1 Emissions:4,405 tCO2e/year
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:4,863,553 tCO2e/year
Renewable Energy Share:Not disclosed
Total Energy Consumption:6,523,999 GJ/year
Water Consumption:124,768 m3/year (office)
Waste Generated:3402.49 cbm/year
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Climate Change
  • Safety
  • Decarbonization
  • Waste Reduction
  • Effluents
  • Natural Resources
  • Human Rights
  • Diversity & Inclusion
  • Governance
  • Compliance

Environmental Achievements

  • Reduced GHG footprint by approximately 20% in WEPION compared to LIBRAMONT (2006)
  • Projected 35% GHG footprint reduction with 2025 LPG-fueled MGC deliveries
  • Projected 90% GHG emission reduction with 2026 ammonia-fueled MGC deliveries
  • EEMSHAVEN LNG operates as one of the world’s greenest FSRUs, utilizing onshore power and recovered heat.
  • Implementation of single-use plastics ban in the supply chain.
  • Ban on incineration of plastic waste by the fleet.

Social Achievements

  • Third consecutive year without major incidents.
  • Revised, goal-oriented Safety Management System (SMS) with zero audit remarks.
  • First assurance on sustainability KPIs of sustainability-linked loan.
  • 90.5% officer retention rate and 95% rating retention rate.
  • Launched digital ship management project.
  • Implemented Crew Vision for improved crew welfare.
  • Three million person-hours invested in the Eni Congo project without a single accident.

Governance Achievements

  • Split Investor Relations and ESG into two full-time equivalent roles.
  • Prepared for EU Emission Trading Scheme (ETS) implementation.
  • Actively preparing for Corporate Sustainability Reporting Directive (CSRD) compliance.

Climate Goals & Targets

Long-term Goals:
  • Achieve net-zero GHG emissions by or around 2050.
  • Invest in research on ammonia and CO2 transport.
Medium-term Goals:
  • Reduce average CO2 emissions per transport work by 40% by 2030.
  • Reduce average CO2 emissions per transport work by 70% by 2050.
  • Reduce total annual GHG emissions by at least 50% by 2050 (reference year 2008).
  • Increase Energy Efficiency by subscribing to ISO50001 and optimizing vessel operations.
Short-term Goals:
  • Reduce plastic waste production by 30% compared to 2020.
  • Implement flag-approved electronic garbage record book.
  • Implement Biofouling Management Plan on the fleet.
  • Implement flag-approved Electronic ballast water, ozone depleting substances, NOx and scrubber record book.
  • Minimize accidents and incidents.
  • Issue Safety campaigns and share incidents and near misses.

Environmental Challenges

  • Combined responsibilities of Investor Relations and ESG.
  • Changing regulatory landscape (IMO, EU).
  • Increased cost of vessels due to expensive raw materials.
  • Uncertainty around environmental regulations.
  • EU ETS implementation.
  • CSRD compliance.
Mitigation Strategies
  • Splitting ESG and Investor Relations into two full-time roles.
  • Revised SMS.
  • Sustainability-linked loan assurance.
  • Preparation for EU ETS and CSRD.
  • Investment in new, efficient vessels.
  • Sale of older vessels.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Price Inquiry Messages include ISO 14001 requirements on packaging.

Climate-Related Risks & Opportunities

Physical Risks
  • Extreme weather events
Transition Risks
  • Regulatory changes
  • Market shifts
Opportunities
  • Development of energy-efficient products
  • Ammonia as fuel

Reporting Standards

Frameworks Used: GRI, EU Taxonomy, CSRD, Poseidon Principles, IMO

Certifications: ISO 9001, ISO 14001, ISO 45001, ISO 50001, Green Award

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Goal 7 (Affordable and clean energy)
  • Goal 8 (Decent work and economic growth)
  • Goal 9 (Industry, innovation and infrastructure)
  • Goal 13 (Climate action)

EXMAR's activities contribute to these goals through decarbonization efforts, sustainable practices, and investment in renewable energy solutions.

Sustainable Products & Innovation

  • Ammonia-powered vessels

Awards & Recognition

  • Not disclosed