ESG

Your safety is our only way

Alkion operates in a complex industrial environment where safety is everything. At all times it is imperative that products are handled and stored in line with all relevant rules and regulations. That’s why, since our formation in 2016, we have deployed a responsible and sustainable business strategy based on long-term risk mitigation. This approach is defined as Safety, Security, Health, Environment, Compliance and Quality (SSHECQ). 

Alkion is also subject to the SEVESO guidelines and operates under a License to Operate granted by the authorities. We therefore hire experienced suppliers and contractors who accept and adhere to our safety procedures. Supplier activities are monitored on a regular basis to ensure that their operational checks, management systems and safety performance complies with Alkion Terminals criteria. Quality management is embedded in the operational procedures and a code of conduct is in place.

We will continue to invest in all appropriate safety equipment and expertise as part of our commitment to optimizing the safety of everyone who works at, or with, our terminals.

For everyone’s future

Alkion is in business for the long-term and our lasting success depends on the choices we make today for the well-being of the planet and its people tomorrow. We have an obligation to the communities in which we operate, and we conduct all our operations responsibly.

By caring for People, Planet & Profit we believe that we contribute to the creation of prosperity, durability and well-being for our business partners in the public and private sectors, the communities in which we operate, and investors.

Our first ESG Report

We are happy to present our first Sustainability Report. The Report reflects many years of commitment to a wide range of ESG issues, with a comprehensive focus on the company’s 3 Sustainability Pillars. Highly readable and attractively designed, the Report marks an important point in Alkion’s journey by consolidating and celebrating all the ESG progress made up to the end of 2021, while signposting further steps towards improvement in so many areas.

Objective and progress

In 2019, which is our baseline year, we emitted 11,354 tons of CO2. Scope 1 emissions accounted for 8,272 tons of CO2 (73%), Scope 2 emissions for 2,917 tons of CO2 (26%), and Scope 3 emissions (business travel) for 164 tons of CO2.

Our Scope 1 emissions are mainly driven by the consumption of natural gas, which is used to store products that require heating. Our Scope 2 emissions are indirect emissions generated by purchased electricity (about 14% of the total). We use electricity to handle products at the terminal, for example for pumps, valves, vapor treatment units, and other equipment. The second biggest source of Scope 2 emissions (about 13% of the total) is driven by purchased steam, which is used to heat our tanks in Le Havre.

By 2025 we aim to emit 20% less CO2 than in 2019. In 2022 we achieved a 15.4% reduction in CO2 emissions compared to 2019.

In 2021, we emitted 9,753 tons of CO2, reducing our emissions by 14% in comparison to the 2019 baseline year. In 2022, we made further progress and reduced our CO2 emissions to 9,602 tons. This means that we achieved a 15.4% reduction in emissions compared to our baseline year of 2019 and are therefore gradually progressing toward our emissions reduction target of 20% by 2025. The decrease in 2021 and further progress in 2022 are mainly driven by:

The transition of the business into a newly built and more energy-efficient tankpit in Le Havre. The old terminal was heated by natural gas, while the newly built terminal is heated using steam.

Switching to a more sustainable supplier of steam at Le Havre terminal. This meant switching from steam originating from the incineration of gas to steam produced at a waste-to-energy plant.

Increasing the share of green energy in our electricity supply, both by producing solar energy at our own sites and by purchasing green electricity in 2021. We will continue implementing measures that decrease our electricity consumption and continue investing in solar panels before investing further in the purchase of green electricity.

In 2022, at our Santander terminal, we stopped using diesel for generation of power, as the old diesel boiler was replaced by a new propane boiler.