Magellan Midstream Partners, L.P.
Climate Impact & Sustainability Data (2019, 2020, 2021, 2022)
Reporting Period: 2019
Environmental Metrics
ESG Focus Areas
- Environmental
- Social
- Governance
Climate Goals & Targets
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: GRI
Reporting Period: 2020
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
- Governance
- Environmental
- Social
Environmental Achievements
- Not disclosed
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: GRI, SASB
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: 2021
Environmental Metrics
ESG Focus Areas
- Governance
- Environmental
- Social
Climate Goals & Targets
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: GRI, SASB
Reporting Period: 2022
Environmental Metrics
Total Carbon Emissions:612,452 MT CO2e
Scope 1 Emissions:209,348 MT CO2e
Scope 2 Emissions:403,104 MT CO2e
Scope 3 Emissions:Not disclosed
Renewable Energy Share:31%
Total Energy Consumption:990,000 MWh
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed
ESG Focus Areas
- Governance and Ethics
- Safe Operations
- People and Community
- Environmental Stewardship
Environmental Achievements
- Reduced VOCs by 22% since 2018 despite 10% increase in throughput.
- 99% reclamation of TBM and PCW.
- Reduced natural gas purge flowrate at condensate splitter, eliminating an estimated 400 MT CO2e.
- Completed construction of new pipeline, eliminating nearly 12,225 tanker truck deliveries per year and avoiding an estimated 500+ MT CO2e annually.
Social Achievements
- Achieved 91% participation rate in employee culture survey, with engagement score improving by 12 basis points.
- Female and ethnic minorities represent 35% of workforce (+2% from 2021).
- Received Mosaic’s Top Inclusive Workplace award for 6th consecutive year.
- Raised nearly $720,000 for United Way through employee pledges and company match.
Governance Achievements
- 89% of board members are independent.
- 75%+ of executive leadership’s targeted compensation is considered at risk, with approximately 60% paid in equity.
- CEO pay ratio to median employee pay decreased to 38:1.
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Not disclosed
Environmental Challenges
- Supply chain disruptions
- Evolving standards and expectations regarding GHG accounting
- Growing local populations and increased risk of damage to underground pipelines
- Sophisticated global cybersecurity threats
Mitigation Strategies
- Asset + Inventory Management (AIM) project to integrate and manage assets.
- Enhanced third-party contractor management program.
- Comprehensive cybersecurity and data protection program.
- Proactive engagement with local and state emergency responders and community stakeholders.
Supply Chain Management
Supplier Audits: 1,667 contractors screened for health and safety compliance
Responsible Procurement
- Supplier Code of Conduct
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Changes in supply and demand patterns, development and increasing use of alternative energy sources
Opportunities
- Renewable fuel development and increased demand
Reporting Standards
Frameworks Used: GRI, SASB
Certifications: Null
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- CIO100 award, Mosaic’s Top Inclusive Workplace award