Oiltanking GmbH, a leading global provider of tank terminal services, is headquartered in Germany and operates extensively across Europe, the Americas, the Middle East, and Asia. Founded in 1971, the company has established itself as a key player in the oil and gas industry, specialising in the storage and handling of liquid bulk products, including petroleum, chemicals, and biofuels.
With a commitment to safety and efficiency, Oiltanking offers unique services that include state-of-the-art terminal operations and logistics solutions. The company’s extensive network of terminals and strategic locations enhances its market position, making it a preferred partner for major oil and gas companies worldwide. Oiltanking's dedication to innovation and sustainability has led to significant achievements, solidifying its reputation as a trusted leader in the tank storage sector.
+2 vs industry average
Oiltanking GmbH’s score of 35 is higher than 54% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Business Services has below-average carbon intensity
Industry performance
The Business Services industry has reduced its overall emissions by 25% since 2018
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Oiltanking GmbH's reported carbon emissions
In 2024, Oiltanking GmbH reported total carbon emissions of approximately 138 million kg CO2e from Scope 1, 67 million kg CO2e from Scope 2, and 45.3 million kg CO2e from Scope 3, resulting in a calculated total of approximately 250.3 million kg CO2e. The company has set near-term climate commitments to reduce emissions from business travel by expanding video-conferencing systems globally, targeting reductions in both Scope 1 and Scope 2 emissions by 2025.
In 2023, Oiltanking's emissions included 61 million kg CO2e from Scope 2 and 50.1 million kg CO2e from Scope 3, indicating a continued focus on managing indirect emissions. The company has not disclosed specific SBTi targets but is actively working on initiatives to enhance sustainability practices.
Oiltanking GmbH's emissions data is cascaded from its parent organization, reflecting its commitment to transparency and accountability in climate reporting. The company is positioned within the industry as a proactive player in addressing climate change, with ongoing efforts to monitor and reduce its carbon footprint.
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Oiltanking GmbH’s Climate Goals (2030 & 2050)
2 goals2025
To further reduce the CO2e emissions caused by business trav…
To further reduce the CO2e emissions caused by business travel, we will continue to expand our video-conferencing systems worldwide.
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
See all 2 climate goals
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Scope 3 top emissions categories
4 of 15 categories disclosedSee all scope 3 categories
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Emissions comparison with industry peers
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Oiltanking GmbH
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