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Koninklijke Vopak NV

Common Name
Koninklijke Vopak
Country
Netherlands
Sector
Energy
Industry
Oil & Gas Midstream
Employees
4,928
Ticker
VPK
Exchange
Euronext Amsterdam
Description
Koninklijke Vopak N.V. is the world's leading independent tank storage company, specializing in the safe, reliable, and efficient storage and handling of liquid chemicals, gases, oil products, and eme...

Koninklijke Vopak's Climate Target Data Preview

As of 2024, Koninklijke Vopak has disclosed 2 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 2 absolute reduction targets, signaling the company's commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Koninklijke Vopak's climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
-35%a
2025
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
-30%a
2030
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a. Koninklijke Vopak's Annual Report 2024

Insights into Koninklijke Vopak's Greenhouse Gas Emissions Pathways

As of 2024, Koninklijke Vopak has set greenhouse gas (GHG) emissions reduction targets that cover its operational emissions (Scope 1 and 2), but not its value chain emissions (Scope 3). This means its reduction efforts currently focus on direct and purchased energy emissions.a

Does Koninklijke Vopak have a target to reduce the emissions from its operations?

As of 2024, Koninklijke Vopak has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.a

Koninklijke Vopak's most ambitious operational target is to reduce these emissions by 30% by 2030, compared to a baseline of 367,559 Metric Tonnes of CO2 equivalent (mtCO2e) in 2021.a

Koninklijke Vopak has already surpassed its operational emissions reduction target, with 2024 levels falling below the 2030 value, achieving its climate goal ahead of schedule.a

Koninklijke Vopak's Operational (Scope 1+2) Emissions Pathway

2021202420252030095 k190 k285 k380 kBaselineCurrent (-43%)Target 2030 (-30%)
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