Enterprise Products Partners L.P.
Climate Impact & Sustainability Data (2021-2022)
Reporting Period: 2021-2022
Environmental Metrics
Total Carbon Emissions:10.0 Million MT CO2e (2021)
Scope 1 Emissions:10.0 Million MT CO2e (2021)
Renewable Energy Share:22% company-wide (2021)
Carbon Intensity:1.9 Million MT CO2e per Thousand BOE (2021)
ESG Focus Areas
- Environmental
- Social
- Governance
Environmental Achievements
- 30% improvement in emissions intensity per BOE since 2011
- 51% reduction in emissions intensity of Gross Operating Margin from 2011-2021
- Successful relocation of oyster beds in Morgan’s Point, Texas
- Implementation of geodesic dome storage tank roofs and vapor recovery systems to reduce emissions
Social Achievements
- Launched Project 9 initiative to improve financial performance while maintaining commitment to safety, environment, and reliability
- Achieved a 21% improvement in Total Recordable Incident Rate (TRIR) in 2021 compared to 2020
- Awarded 150 scholarships through the Duncan Scholars Program since 2017
- Contributed over $149 million toward community outreach between 2017-2021
Governance Achievements
- Board of Directors provides oversight on sustainability-related matters
- Established a confidential hotline and whistleblower program
- Executive compensation aligned with stakeholder interests, including safety and environmental performance
Climate Goals & Targets
Environmental Challenges
- Climate-related risks including flooding, rising sea levels, more frequent or severe weather events, water availability, and new regulations
- Maintaining safe and reliable operations while reducing emissions
Mitigation Strategies
- Implementing emissions reduction strategies such as capturing and liquefying vapors, installing lower-emitting equipment, and eliminating waste streams
- Developing and implementing comprehensive emergency response plans
- Investing in evolutionary technologies such as carbon capture and storage (CCS) and hydrogen/ammonia
Supply Chain Management
Responsible Procurement
- Code of Conduct
- Environmental and Health & Safety policies
- Master Service Agreements and Master Purchase Agreements
Climate-Related Risks & Opportunities
Physical Risks
- Flooding
- Rising sea levels
- More frequent or severe weather events
- Water availability
Transition Risks
- Consumer demand changes
- New regulations
Opportunities
- Export of LPG to international markets
- Increased demand for propane during winter conditions
Reporting Standards
Frameworks Used: GRI, SASB
Awards & Recognition
- 2021 Maritime Leader of the Year (Jim Teague)
- 2022 Industry Top-Rated (Sustainalytics)
- 2022 Best Company Overall and Best Investor Relations (Institutional Investor)
- 2021 Best Company Overall and Best Investor Relations (Institutional Investor)
- America’s Most Responsible Companies 2022 (Newsweek Magazine)