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