Marquard & Bahls
Marquard & Bahls AG, a prominent player in the energy and logistics sector, is headquartered in Hamburg, Germany. Founded in 1947, the company has established a strong presence in Europe, Africa, and Asia, focusing on the storage, trading, and distribution of petroleum products. With a diverse portfolio that includes tank storage, shipping, and trading services, Marquard & Bahls is recognised for its commitment to quality and sustainability. The company operates under several well-known brands, including Oiltanking and Mabanaft, which are synonymous with reliability in the industry. Notable achievements include a robust market position as one of the leading independent tank storage providers globally, reflecting its strategic growth and innovation in energy logistics. Marquard & Bahls continues to adapt to the evolving energy landscape, ensuring its services meet the highest standards of efficiency and environmental responsibility.
DitchCarbon Score
How does Marquard & Bahls's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Chemicals industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Marquard & Bahls's score of 12 is lower than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Marquard & Bahls's reported carbon emissions
In 2022, Marquard & Bahls reported total carbon emissions of approximately 42,840,099,400 kg CO2e. This figure includes Scope 1 emissions of about 17,546,500 kg CO2e, Scope 2 emissions of approximately 5,889,900 kg CO2e, and significant Scope 3 emissions, with the use of sold products contributing about 35,256,793,700 kg CO2e and purchased goods and services adding around 7,509,375,900 kg CO2e. The company achieved a notable reduction in its carbon footprint between 2017 and 2018, with total emissions decreasing from approximately 394,898,000 kg CO2e to about 348,210,000 kg CO2e, reflecting a 12% reduction in both Scope 1 and Scope 2 emissions. This commitment to reducing emissions demonstrates Marquard & Bahls's proactive approach to climate action. Marquard & Bahls has not reported any specific Science-Based Targets Initiative (SBTi) targets or other formal climate pledges. However, the company continues to focus on reducing its emissions across all scopes, as evidenced by its historical data and reduction initiatives. The emissions data is not cascaded from any parent organization, indicating that the figures are independently reported by Marquard & Bahls AG.
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| 2012 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2022 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 309,160,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 206,252,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 0,000,000 |
| Scope 3 | 258,516,000 | 000,000,000 | 00,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 00,000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Marquard & Bahls is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
