Bazan Oil Refineries Ltd.

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023🗂️ Report periods on file: 2023, 2022

By scope: Scope 1: 2.2M tCO2e/year; Scope 2: 342.5K tCO2e/year; Scope 3: 5.9M tCO2e/year. 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.

💧
Water Usage
8.9M m³/year
2023
⚙️
Energy Use
70.2M GJ/year
2023

📊 Emissions by Scope (2023)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).2.2M tCO2e/year
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.342.5K tCO2e/year
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).5.9M tCO2e/year

New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.

📈 Emissions by Report Period

Report periodHeadline emissions figure reported
20228.5M tCO2e/year (2022)

Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

🔜 Short-term

  • Reduce benzene emissions by 66% compared to 2018 (achieved).

📅 Medium-term

  • Achieve 30% recycled, biodegradable and biopolymers by 2030.
  • Reduce carbon emissions by 19% in Israel and 55% in the Netherlands compared to 2015 by 2030.

🔭 Long-term

  • Reduce Scope 1 and 2 emissions by 50% compared to 2015 by 2040 (conditional).

🌱 ESG Focus Areas

EnvironmentSocialGovernance

⚠️ Challenges & Risks +

  • Supply chain disruptions due to the October 2023 war in Israel.
  • Climate change and GHG emissions.

📋 Report Information

Reporting Period: 2023
Frameworks: GRI, SASB, TCFD
Assurance: KPMG Somekh Chaikin (Limited Assurance)