- Volatile market due to the Russian invasion of Ukraine and subsequent energy crisis
- Increased energy costs
- Drop in throughput volumes in Europe
- Higher steel and copper prices and unpredictable delivery schedules of construction materials
- Increased cybersecurity threats
LBC Tank Terminals Group
Greenhouse gas emissions & sustainability report data
In its 2022 reporting, LBC Tank Terminals Group disclosed greenhouse gas emissions of 35.8K tCO2e/year (market-based). By scope: Scope 1: 32.7K tCO2e/year; Scope 2: 3.1K tCO2e/year (market-based). 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
35.8K tCO2e/year (market-based)
2022
Renewable Energy
78%
of total energy
Water Usage
143.0K m3/year
2022
Waste
2.4K tons/year
2022
Energy Use
814 million MJ/year
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). | 32.7K tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 3.1K tCO2e/year (market-based) |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
✅ Reported Environmental Achievements
- 34% reduction of absolute CO2 emissions (scope 1 plus market-based scope 2)
- 78% of electricity use comes from renewable sources (2021: 19%)
- Significant reduction in VOC emissions intensity
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce CO2 emissions by 65% by 2027 (compared to 2020 baseline)
📅 Medium-term
- Achieve CO2 neutrality in scope 1 and 2 emissions by 2030
- Increase representation of women in senior management to 20% by 2030
- Increase representation of women on the Board of Directors to 20% by 2030
🔭 Long-term
- Achieve CO2 neutrality in scope 3 emissions by 2040
- Zero waste to landfills by 2030
🌱 ESG Focus Areas
Occupational health and safetyProcess safetyWater, soil, and groundwater pollutionVOC emissionsEnergy use and CO2 emissionsCustomer focusBusiness ethics and integrityHuman rightsTalent attraction and retentionDiversity and inclusionInformation securitySustainable procurementCommunity engagement and charityWasteAdaptation to climate changeWater useBiodiversity