PARIS--(BUSINESS WIRE)--Rubis Terminal, an independent player in the European bulk liquid storage sector, released its first Sustainability report "Connecting People to Sustainable Solutions" on May 4, 2022. This report describes the Group’s consistent progress and a range of initiatives to engage with environmental, social and governance (ESG) frameworks and practices in the different markets in which it operates. In addition, it sets out new objectives focused on achieving a mid-term energy transition. This is the first independent report from Rubis Terminal, as a continuation of the reports released in the past years together with Rubis SCA. The standalone view of Rubis Terminal commitments and progress is a natural evolution, given Rubis Terminal’ growth, notably after the integration of TEPSA and the increasing importance of sustainability for all stakeholders.
In 2021, more than 50% of Rubis Terminal's € 237m storage revenues including Turkey have been generated by the fertilizer, biofuels, vegetable oils and chemical products segments.
"Although historically Rubis Terminal has focused on the storage, shipping and transportation of fossil fuel products to the end consumer, in recent years there has been an increased effort to diversify the product mix and reduce the proportion of fossil fuels. As a result, the proportion of storage revenues derived from fossil fuels has been reduced from 70% in 2016 to 48% in 2021," stated Bruno Hayem, CEO of Rubis Terminal.
The report sets out in detail the different approaches being applied, and the commitment adopted in each of Rubis Terminal business lines:
Chemicals: Using storage know-how to support our customers' transition.
Biofuel products: Leveraging Rubis Terminal's expertise in biofuel feedstock management.
Fuel products: Adapting products for the low-emission zone.
Agri-food: Develop feedstock for agri-food products and downstream capabilities, such as the blending of fertilizers.
In addition, Rubis Terminal periodically evaluates 45 KPIs that serve as a reference to monitor its progress in terms of decarbonization, safety, diversity and compliance, among others.
You can access the report and consult the information HERE.
About Rubis Terminal:
Rubis Terminal is a leading independent storage player for petroleum, chemical and agri-food products in Europe. The Group operates a total storage capacity of 3.9 million cubic meters in 15 terminals in France, Spain, the Netherlands and Belgium.
The company is a joint venture co-controlled by Rubis, an independent French operator in the energy sector, listed on Euronext Paris and I Squared Capital, an independent global infrastructure investment manager focusing on utilities, digital infrastructure, energy, transport and social infrastructure.
