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.
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.
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.
Marquard & Bahls's score of 10 is lower than 53% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2020, Marquard & Bahls reported total carbon emissions of approximately 415,969,000 kg CO2e. This figure includes Scope 1 emissions of about 82,852,000 kg CO2e, Scope 2 emissions of around 151,439,000 kg CO2e, and Scope 3 emissions totalling approximately 113,919,000 kg CO2e. The company's emissions have fluctuated over the years, with a notable increase from 396,914,000 kg CO2e in 2019 and a significant rise from 348,210,000 kg CO2e in 2018. The breakdown of emissions in 2019 included Scope 1 emissions of about 77,701,000 kg CO2e, Scope 2 emissions of approximately 145,590,000 kg CO2e, and Scope 3 emissions of around 221,854,000 kg CO2e. Despite these figures, Marquard & Bahls has not publicly disclosed specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of documented reduction targets suggests a need for further commitment to climate action within the industry context. Overall, while Marquard & Bahls has made strides in tracking their emissions across all three scopes, the lack of defined reduction strategies indicates an opportunity for enhanced climate commitments moving forward.
Access structured emissions data, company-specific emission factors, and source documents
Get Started2012 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | |
---|---|---|---|---|---|---|---|
Scope 1 | 309,160,000 | 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 |
Scope 3 | 258,516,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
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 committed to any reduction initiatives 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.