Mercuria CSR Report 2020 - Flipbook - Page 42
BEYOND6
Case study
In December 2020, Mercuria acquired a majority stake in Beyond6, Inc. With this acquisition,
Mercuria continued to execute on its corporate strategy of increased investment in the energy
transition to clean, renewable energy sources.
| CORPORATE DESCRIPTION:
| TRANSPORTATION SECTOR GHG EMISSIONS:
Beyond6, Inc. is a diversified energy solutions
The transportation sector accounts for 16% of all
provider focused on the decarbonization of
Scope 1 GHG emissions globally. Despite making
commercial and industrial road fuels. Beyond6,
up ~1% of total vehicle stock, heavy duty trucks
through its subsidiary American Natural Gas
account for 50% of all Scope 1 transportation
currently has a strong market share in the provision
sector GHG emissions. Beyond6 works to directly
of renewable compressed natural gas to Class 8
mitigate this problem by replacing trucking diesel
trucking fleets in the United States. In addition,
feedstock with compressed renewable natural
Beyond6 offers comprehensive solutions for the DC
gas. The company has worked to increase its
Fast Charging Electric Vehicles (EV) and Hydrogen
supply of renewable natural gas, which is capable
Refueling (H2) needs of its customers.
of significantly reducing or making net negative a
truck’s emissions footprint.
Cumulative Impact of Oil & Gas Industry on Global Carbon Footprint
Oil & Gas
Global emissions by source and fuel type1
38% of all
O&G emissions
produced by
Transport
industry
58%
Non-O&G
emission
Power
Transportation emissions by vehicle type
27%
35%
Oil&Gas
8%
Other
industry
24%
Transport
16%
Buildings
5%
Other
19%
Gas
Oil
Coal
Other
CO2 Process
Non-CO2
62%
15%
50%
37%
1%
Heavy-Duty
Vehicle
Medium-Duty
Vehicle
42
Source: Organization for Economic Co-operation and Development (OECD), IEA, European Commission Joint Research Centre | Scope 1 emissions only
Light-Duty
Vehicle
