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 16 is lower than 78% 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 2021, Marquard & Bahls reported total carbon emissions of approximately 199,107 kg CO2e, comprising 18,286 kg CO2e from Scope 1, 12,777 kg CO2e from Scope 2, and a significant 166,044 kg CO2e from Scope 3 emissions. This data highlights the company's comprehensive approach to tracking emissions across all scopes. The company has made notable strides in reducing its carbon footprint, achieving a 12% reduction in direct and indirect CO2e emissions from 2017 to 2018, with total emissions decreasing from 394,898 metric tons to 348,210 metric tons. Looking ahead, Marquard & Bahls has set ambitious long-term targets, aiming for Net Zero emissions across both Scope 1 and Scope 2 by 2040 at the latest. To further enhance its sustainability efforts, the company is focusing on reducing emissions associated with business travel by expanding video-conferencing systems globally, with a near-term goal set for 2025. These initiatives reflect Marquard & Bahls's commitment to addressing climate change and improving its environmental impact.
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| 2012 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 309,160,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000.00 |
| Scope 2 | 206,252,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 00,000.00 |
| Scope 3 | 258,516,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000.00 |
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.
