Mercuria CSR Report 2020 - Flipbook - Page 66
A huge progress was achieved this year as we growed our boundaries to reach the full spectrum of the company’s
impact! We included all assets, increased the accuracy of the Offices/Travels emissions and added trains, trucks
and pipelines in the transportation emissions.
As global trade and travel increases in 2021 we can expect some increase in our emissions related to vessels and
business flights as a factor of our business activity returning to more normal modus operandi.
OUR TRANSPORTS
For the transportation emissions, we have gathered data on the direct fuel consumption of most of the chartered
ships. This enabled a more accurate estimation of the CO2 footprint over last year’s model. We also gathered
information on the tons of commodity moved and distance for the other transportation modes (barges, rails,
Transportation Emissions (2’896’544 tCO2e)
2.000.000
1.500.000
1’832’126
1.000.000
1’054’182
500.000
8’179
2’057
0
Pipelines
Vessels
Trucks
Rail
trucks and pipelines). By using published emission conversion factors, we then used these to estimate tons of
CO2 equivalent (tCO2e). This enabled us to develop estimates for the transportation of the commodities Mercuria
owns (such as crude, fuel, diesel, biodiesel, gas, aluminum or metals) but where Mercuria is not the owner of the
transport mechanism / carrier. Accordingly, these emissions are accounted for under Scope 3. In the instances
where emission estimates were tied to operations or assets owned by Mercuria (such as the Minerva fleet), these
are accounted for under Scope 1.
The biggest impact of Mercuria as a result of its energy commodity trading activity originates from the transportation
of commodities via pipeline (1.83 MtCO2e). Following this are the transports via vessels (1.05 MtCO2e), trucks (8.18
ktCO2e) and rail (2.06 ktCO2e).
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