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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.
+11 vs industry average
Oiltanking GmbH’s score of 47 is higher than 62% 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, reported its 2024 Scope 1 emissions at approximately 138 million kg CO2e, Scope 2 (location-based) emissions at about 67 million kg CO2e, and Scope 3 emissions at around 45.281 million kg CO2e.
Looking back, in 2023, the company's Scope 2 emissions were approximately 61 million kg CO2e, and Scope 3 emissions were around 50.071 million kg CO2e. In 2022, Scope 2 emissions were roughly 59 million kg CO2e, and Scope 3 emissions were about 43.154 million kg CO2e. For 2021, Scope 2 emissions were approximately 128 million kg CO2e, and Scope 3 emissions were around 166 million kg CO2e. In 2020, Oiltanking GmbH's Scope 1 emissions were approximately 40 million kg CO2e, and Scope 2 emissions were around 120 million kg CO2e.
The company has a near-term commitment to reduce Scope 1 and Scope 2 CO2e emissions caused by business travel through the expansion of video-conferencing systems, with a timeframe of 2023 to 2025. It is also committed to reducing greenhouse gas emissions by 26% by 2030, compared to 2018 levels, aligning with the "well below 2°C temperature increase" goal of the Paris Agreement.
Oiltanking GmbH's emissions data is inherited directly from Oiltanking GmbH.
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.
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