Climate Change Data

Ecoslops

Climate Impact & Sustainability Data (2020, 2023)

Reporting Period: 2020

Environmental Metrics

Total Carbon Emissions:9395 tCO2e/year (Scope 1)
Scope 1 Emissions:9395 tCO2e/year
Renewable Energy Share:0%
Total Energy Consumption:148958 GJ/year
Water Consumption:49000 m3/year
Waste Generated:486 tons/year

ESG Focus Areas

  • Environment
  • Social
  • Governance

Environmental Achievements

  • 98% waste valorization rate
  • Reduced CO2 emissions by 3 times compared to traditional petroleum production for 30,000 tons of petroleum products.
  • 100% of hydrocarbon waste collected from the port of Sines.
  • 95% of waste generated by the Sines unit in 2020 was recycled.
  • Signed the UN Sustainable Ocean Principles.

Social Achievements

  • No major accidents or occupational illnesses reported since 2015.
  • Implemented a supplementary health insurance coverage for all employees.
  • Launched a plan for gender equality (2021-2023).
  • Donated 41,000 masks and €2,500 in 2020 to various organizations.

Governance Achievements

  • Formalized an ethical conduct guide for employees.
  • Implemented an internal alert system.
  • Improved ESG rating by Gaïa Rating (from 49 to 63).

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Further improvement of water treatment.
  • Analysis of the life cycle of products.
  • Implementation of a gender equality action plan.
Short-term Goals:
  • Deployment of the Scarabox in Kribi, Cameroon.
  • Internal training on CO2 emissions.
  • Implementation of a responsible purchasing approach.

Environmental Challenges

  • COVID-19 pandemic impacted production and construction.
  • Low profitability of recycled slops in the past.
  • Supply chain disruptions.
  • Odor issues from the Sines industrial zone.
Mitigation Strategies
  • Production stoppage and implementation of safety measures during COVID-19.
  • Development of the Scarabox technology for local treatment of smaller quantities of waste.
  • Obtained a Seveso high threshold permit for more flexible storage and supply.
  • Implemented a new gas recovery system to reduce odor nuisance.

Supply Chain Management

Supplier Audits: 0 in 2020 (planned for 2021)

Responsible Procurement
  • Implementation of a responsible purchasing charter in 2021, including clauses on labor standards and human rights.

Climate-Related Risks & Opportunities

Opportunities
  • Development of energy-efficient products

Reporting Standards

Frameworks Used: GRI Standards

UN Sustainable Development Goals

  • SDG 7 (Affordable and clean energy)
  • SDG 8 (Decent work and economic growth)
  • SDG 9 (Industry, innovation, and infrastructure)
  • SDG 12 (Responsible consumption and production)
  • SDG 13 (Climate action)
  • SDG 14 (Life below water)
  • SDG 16 (Peace, justice, and strong institutions)

Ecoslops' activities contribute to these goals through waste valorization, emission reduction, job creation, and sustainable practices.

Sustainable Products & Innovation

  • Scarabox technology

Awards & Recognition

  • Efficient Solution for the Planet (Solar Impulse Foundation)
  • Les Echos Champion de la croissance (2019, 2020, 2021)
  • Financial Times Europe fastest growing company 2020
  • Les Echos Champion du climat 2021
  • Lauréat du Trophée de l’Innovation Océan 2018
  • Lauréat du Concours Mondial de l’Innovation BPI 2016
  • Lauréat du prix Forbes «Futur 40» 2018
  • Lauréat de l’appel à projet de l’ADEME « PME Initiative » 2016
  • Lauréat du Prix de l’Innovation EVOLEN 2018

Reporting Period: 2023

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

  • Renewal of the “Efficient Solution” label by the Solar Impulse Foundation in January 2024.

Social Achievements

  • Improved ESG rating in the Ethifinance ESG Campaign (formerly Gaïa Research) for 2022, ranking 24th/310 in the general panel, 10th/416 in the panel of companies with turnover of less than €150 million, and 4th/272 in the industry panel.

Governance Achievements

  • Not disclosed

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • Not disclosed

Environmental Challenges

  • Ecoslops Portugal turnover fell by 28% due to a 20% volume effect, a 19% price effect (due to lower Brent oil prices), and a 3% product mix effect. Disposal of Ecoslops Provence.
Mitigation Strategies
  • Disposal of Ecoslops Provence for €8.0 million. Focus on Ecoslops Portugal and Scarabox® development. Ecoslops Portugal forecasts production of 24,500 tonnes in 2024, representing sales of around €13 million.

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

  • Scarabox®

Awards & Recognition

  • Not disclosed