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Oiltanking GmbH, widely recognised simply as Oiltanking, stands as a premier independent tank storage provider within the energy logistics sector. Headquartered in Hamburg, Germany, this established company plays a critical role in global commodity supply chains.
Since its founding in 1972, Oiltanking has built an extensive international network, operating numerous terminals across five continents. It specialises in the efficient and safe storage, handling, and logistics of petroleum products, chemicals, and gases.
With substantial global storage capacity, Oiltanking offers state-of-the-art facilities complemented by value-added services such as blending, conditioning, and quality control. Their commitment to reliability and operational excellence positions them as a trusted partner for vital energy and chemical products worldwide.
0 vs industry average
Oiltanking GmbH’s score of 36 is higher than 53% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Business Services is among the least carbon-intensive industries
The Business Services industry has reduced its overall emissions by 25% since 2018
Scope 3 accounts for ••• of total emissions.
Oiltanking GmbH, headquartered in Germany, operates in the "Other business services (74)" sector. In 2021, Oiltanking reported approximately 30,000,000 kg CO2e in Scope 1 emissions and 80,000,000 kg CO2e in Scope 2 emissions.
For 2020, the company's Scope 1 emissions were about 40,000,000 kg CO2e, and Scope 2 emissions were approximately 120,000,000 kg CO2e. In 2019, Oiltanking's total reported emissions were approximately 396,914,000 kg CO2e, comprising about 77,701,000 kg CO2e in Scope 1, 145,590,000 kg CO2e in Scope 2, and 173,623,000 kg CO2e in Scope 3. Key Scope 3 categories included approximately 7,507,000 kg CO2e from business travel and 176,488,000 kg CO2e from upstream transportation and distribution.
In 2018, total emissions were around 348,210,000 kg CO2e, with approximately 82,852,000 kg CO2e from Scope 1, 151,439,000 kg CO2e from Scope 2, and 113,919,000 kg CO2e from Scope 3. Scope 3 emissions included about 13,062,000 kg CO2e from business travel and 118,873,000 kg CO2e from upstream transportation and distribution.
For 2017, total emissions were approximately 394,898,000 kg CO2e, with Scope 1 at about 77,320,000 kg CO2e, Scope 2 at approximately 159,875,000 kg CO2e, and Scope 3 at about 157,703,000 kg CO2e. Scope 3 categories included approximately 11,766,000 kg CO2e from business travel and 163,175,000 kg CO2e from upstream transportation and distribution.
Oiltanking has indicated a commitment to expanding video-conferencing systems worldwide to reduce CO2e emissions from business travel between 2023 and 2025, impacting Scope 1 and Scope 2 emissions. While the emissions data is directly from Oiltanking GmbH, some reduction targets relate to efforts to reduce business travel emissions.
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
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.
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
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