Mercuria CSR Report 2020 - Flipbook - Page 64
| MEASURING AND REPORTING ON PROGRESSES
PLANET KPIS
In previous years, Mercuria had included some environmental and sustainability-linked KPIs in its corporate
responsibility reporting. Metrics covered a range of topics such as oil spills, health and safety issues, and GHG
emissions. This year we have continued to work on these topics, by notably increasing the accuracy (definition of
an organizational boundary, fine-tuning of metrics, and improvement of data collection mechanisms and volume of
data). The measuring of these KPIs/metrics will enable us to compare our performance on a yearly basis. A more
stabilized methodology will also form a better basis for setting targets.
A number of metrics are presented below, further, we will continue to improve our metrics for the coming years with
the relevant environmental themes: climate change, nature loss, freshwater availability, air pollution, water pollution,
solid waste, resources availability.
CO2 FOOTPRINT
We started to measure some of our CO2 footprint in 2014, focusing first on the carbon intensity of imports and
exports. In a second step, the company started to tabulate more precisely its Scope 1, 2 and 3 emissions by including
some of its main assets (Minerva, South Bend Ethanol, Vesta) and chartered vessels in Scope 1, the office heating
and cooling, electrical usage, paper usage and waste landfill emissions as Scope 2 and the travel by air, ground and
water, the hospitality, the staff commuting and the mail/transmittal service as Scope 3.
Although the results of last year were a good start, we recognized that there were still some areas of improvement
such as an increased accuracy in the estimation as well as the need to calculate the emissions of more of our
activities. We have divided the calculations in 3 distinct segments “our Assets”, “our Offices/Travels” and “our
Transports” which we present hereafter. We decided this year to move the chartered vessels emissions to Scope 3
rather than under Scope 1 in line with the GHG protocol guidelines.
OVERALL COMPANY’S CO2 FOOTPRINT
In summary, we have the following emission profile for the company:
SCOPE 1
SCOPE 2
SCOPE 3
TOTALS
Assets6
272’809
19’586
NA
292’394
Offices/Travels7
0
596
65’625
66’222
Transports8
0
0
2’896’544
2’896’544
Totals
272’809
20’182
2’962’169
3’255’160
Total Scope 1 &
Scope 2
292’991
Assets with a majority stake (>50%)
Offices/Travelsemissions of employees and offices
8
Transportation emissions of products when owned
6
7
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