- Rapid technological advancement in the shipping industry
- Requirements and targets for decarbonization
- Economic and social changes due to geopolitical crisis
- Decarbonization of LNG shipping transportation
Minerva Gas Inc.
Greenhouse gas emissions & sustainability report data
In its 2022 reporting, Minerva Gas Inc. disclosed greenhouse gas emissions of 212.2K mt CO2 (Scope 1). By scope: Scope 1: 212.2K mt CO2; Scope 2: 18.9 mt CO2. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
212.2K mt CO2 (Scope 1)
2022
Renewable Energy
54%
of total energy
Water Usage
315 mt (office buildings)
2022
Waste
379.2 cubic meters (garbage)
2022
📊 Emissions by Scope (2022)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 212.2K mt CO2 |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 18.9 mt CO2 |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
✅ Reported Environmental Achievements
- Zero spills
- Zero untreated sewage discharges to the sea
- Zero untreated ballast discharges to the sea
- Entire fleet rated “A” or “B” in the IMO Rating Scheme
- Average GHG Intensity of the fleet for 2022 was well below the threshold value of 91.16 grCO2eq/MJ set by EU.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Operating vessels with EEDI at least 50% lower than required
- Operating vessels with EEXI at least 34% lower than required
- Meeting IMO’s Carbon Intensity Indicator ranking A or B until 2026
📅 Medium-term
- Developing and improving digital tools to measure GHG emissions and optimize operations
- Adding a vessel with HyEl propulsion design to the fleet before the end of the decade
🔭 Long-term
- Participating/investing in zero-emission shipping pilot and demonstration projects
- Disclosing verified GHG emission intensity and total GHG emissions from operated vessels
🌱 ESG Focus Areas
Environmental StewardshipHealth and SafetyEmployee Well-beingCommunity EngagementGovernanceDecarbonization