A transition plan for a fossil-intensive business.
We operate in the petroleum supply chain. Our job is to make every barrel we touch cleaner than the last.
Four pillars for a hard-to-abate sector.
Not every decarbonisation initiative applies to an oil storage business. These four do.
Decarbonise our own operations
Electrify shore power, deploy vapour recovery on every tank, and replace diesel site vehicles with electric equivalents by 2030.
Target: -45% Scope 1+2 by 2030 vs 2022 baseline
Enable our customers' transition
Offer biofuel blending, SAF handling, hydrogen carrier storage and CO₂ buffer services at every major port.
Target: 30% of throughput transitional products by 2032
Protect the environment we operate in
Zero routine flaring, zero untreated discharge, and biodiversity monitoring at every coastal terminal.
Target: Zero incidents, continuous improvement
Be transparent about what we can't fix yet
Publish annual sustainability reports aligned with GRI, TCFD and the EU CSRD, including the parts where we are behind plan.
Target: Annual report, external assurance by 2026
A six-year programme with milestones, not just ambitions.
- 2024
Baseline year
Full Scope 1, 2 and 3 baseline established and externally assured.
- 2025
VRU rollout
Vapour recovery units installed on 80% of Rotterdam and Jurong cone-roof tanks.
- 2026
Shore power
Cold-ironing capability live at Rotterdam and Houston jetties.
- 2027
Biofuel blending
Dedicated FAME and HVO blending skids at Jurong and Fujairah.
- 2028
SAF handling
Jet A1 / SAF segregation and blending certified at Rotterdam and Jurong.
- 2030
Target year
-45% Scope 1+2 vs 2022. 30% transitional throughput. Full CSRD reporting.
- Framework
- GRI, TCFD, CSRD
- Next annual report
- Q2 2026
- External assurance
- Limited assurance from 2026
Customers, investors and regulators: talk to our sustainability lead.
Our latest sustainability report, TCFD disclosure and Scope 1, 2 and 3 data are available on request.
Request report