Oiltanking GmbH
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.
DitchCarbon Score
How does Oiltanking GmbH'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 Business Services 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
Oiltanking GmbH's score of 26 is lower than 52% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Oiltanking GmbH's reported carbon emissions
In 2019, Oiltanking GmbH reported total carbon emissions of approximately 396,914,000 kg CO2e, which included Scope 1 emissions of about 77,701,000 kg CO2e, Scope 2 emissions of around 145,590,000 kg CO2e, and Scope 3 emissions totalling approximately 173,623,000 kg CO2e. The company has not disclosed emissions data for the years 2020 and 2021, but it has indicated a commitment to reducing its carbon footprint. Oiltanking has set near-term reduction initiatives targeting Scope 1 and Scope 2 emissions, focusing on enhancing video-conferencing systems to mitigate emissions from business travel. These initiatives are set to commence in 2023 and conclude in 2025, although specific reduction percentages have not been disclosed. The emissions data for Oiltanking is cascaded from its parent company, reflecting its status as a current subsidiary. The company is actively working towards achieving net-zero emissions, aligning with industry standards for climate action.
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| 2017 | 2018 | 2019 | |
|---|---|---|---|
| Scope 1 | 77,320,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 159,875,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 157,703,000 | 000,000,000 | 000,000,000 |
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.
Oiltanking GmbH 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.
