Koninklijke Vopak NV

Common Name
Koninklijke Vopak
Country
Netherlands
Sector
Energy
Industry
Oil & Gas Midstream
Employees
4,928
Ticker
VPK
Exchange
EURONEXT
Description
Vopak N.V. is a global leader in the storage and handling of liquid and gas products. Operating as a logistics asset, Vopak primarily facilitates the safe, sustainable, and efficient storage of bulk l...

Koninklijke Vopak's GHG Emissions Data Preview

In 2024, Koninklijke Vopak completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

Koninklijke Vopak has also provided a category-level breakdown for 7 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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0000000
Total Scope 2
Market-Based
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0000000
Location-Based
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0000000
Total Scope 3
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Koninklijke Vopak’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Koninklijke Vopak’s data sources below and access millions more through our Disclosure Search.

a. Koninklijke Vopak's Annual Report 2024
a. Koninklijke Vopak's Annual Report 2024
b. Koninklijke Vopak's Annual Report 2023
b. Koninklijke Vopak's Annual Report 2023
c. Koninklijke Vopak's Annual Report 2022
c. Koninklijke Vopak's Annual Report 2022

Insights into Koninklijke Vopak's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Koninklijke Vopak amounted to 332,371 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2). a

Compared to 2023, the total operational greenhouse gas (GHG) emissions of Koninklijke Vopak decreased by 38.31%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

Koninklijke Vopak's Scope 1 Emissions Over Time

2018201920202021202220232024085 k170 k255 k340 ktCO2e-7%+34%+56%-3%+1%-61%
  • Total Scope 1
  • Year-over-Year Change

What are Koninklijke Vopak's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Koninklijke Vopak were 122,706 metric tons of CO₂ equivalent (tCO₂e). a

Has Koninklijke Vopak reduced its Scope 1 emissions over time?

Since 2018, Koninklijke Vopak's Scope 1 emissions have decreased by 25.96%, reflecting a declining long-term trend in Scope 1 emissions over time. a c

Compared to the previous year (2023), Koninklijke Vopak's Scope 1 emissions decreased by 61.17%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a

What are Koninklijke Vopak's Scope 2 emissions?

In 2024, Koninklijke Vopak reported Scope 2 greenhouse gas (GHG) emissions of 86,298 tCO₂e using the market-based method and 209,665 tCO₂e using the location-based method. a

Has Koninklijke Vopak reduced its Scope 2 emissions over time?

Since 2018, Koninklijke Vopak's Scope 2 greenhouse gas (GHG) emissions ( Location-Based) have decreased by 16.7%, reflecting a declining long-term trend in Scope 2 emissions over time. a c

Compared to the previous year (2023), Koninklijke Vopak's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Koninklijke Vopak 's emissions have plateaued with no significant change in its energy consumption footprint. a

What methodology does Koninklijke Vopak use for Scope 2 reporting?

In 2024, Koninklijke Vopak reported its Scope 2 emissions using the market-based method and using the location-based method. a

Koninklijke Vopak's Scope 2 Emissions Over Time

2018201920202021202220232024065 k130 k195 k260 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Koninklijke Vopak's Value Chain Emissions

In 2024, Koninklijke Vopak reported 565,340 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a

The 2024 disclosure of Koninklijke Vopak includes a breakdown across 7 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year. a

Koninklijke Vopak's Scope 3 Emissions Over Time

2022202320240150 k300 k450 k600 ktCO2e+22%+20%
  • Total Scope 3
  • Year-over-Year Change

What are Koninklijke Vopak's Scope 3 emissions?

In 2024, Koninklijke Vopak reported total Scope 3 emissions of 565,340 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 79.32% of these emissions originated from upstream activities such as purchased goods and capital goods, while 20.68% came from downstream activities like product use, distribution, and end-of-life treatment. a

Compared to the previous year (2023), Koninklijke Vopak's Scope 3 emissions increased by 20.05%, suggesting that the company faced challenges in reducing emissions across its value chain. a

What categories of Scope 3 emissions does Koninklijke Vopak disclose?

In 2024, Koninklijke Vopak reported emissions for 7 out of the 15 Scope 3 categories defined by the GHG Protocol. a

This partial disclosure allows for some insight into the company's indirect impacts.

What are the main sources of Koninklijke Vopak's Scope 3 emissions?

In 2024, the largest contributors to Koninklijke Vopak's Scope 3 emissions were: a

  • Capital Goods (Cat. 2): 250,463 tCO₂e (44.3%)
  • Investments (Cat. 15): 116,930 tCO₂e (20.68%)
  • Waste Generated in Operations (Cat. 5): 84,322 tCO₂e (14.92%)

Koninklijke Vopak's Scope 3 Emissions by Categories

Investments(Cat. 15)(20.7%)Capital Goods(Cat. 2)(44.3%)Waste Generated inOperations (Cat. 5)(14.9%)

Insights into Koninklijke Vopak’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Koninklijke Vopak reported Scope 1 greenhouse gas (GHG) emissions of 122,706 tCO₂e and total revenues of USD 1,369 millions. This translates into an emissions intensity of 89.63 tCO₂e per millions USD. a

Koninklijke Vopak's Scope 1 Emissions Intensity Compared to Peers

5,00050,000500,0005,000,000100,000,000Scope 1 Emissions (tCO2e)1005005,00020,000200,000Revenues (Millions of USD)HGAntero MidstreamYear: 2024Scope 1: 2,002,955 tCO2eRevenue: $M 1,177Scope 1 Intensity: 1,701.94 tCO2e/$MCOSCO SHIPPING EnergyYear: 2024Scope 1: 3,914,610 tCO2eRevenue: $M 3,170Scope 1 Intensity: 1,234.97 tCO2e/$MWilliams CompaniesYear: 2023Scope 1: 13,640,000 tCO2eRevenue: $M 10,907Scope 1 Intensity: 1,250.57 tCO2e/$MHHHess MidstreamYear: 2024Scope 1: 479,446 tCO2eRevenue: $M 1,492Scope 1 Intensity: 321.37 tCO2e/$MCMB.TECHYear: 2023Scope 1: 2,226,796 tCO2eRevenue: $M 1,235Scope 1 Intensity: 1,802.89 tCO2e/$MCheniere EnergyYear: 2023Scope 1: 9,730,770 tCO2eRevenue: $M 20,394Scope 1 Intensity: 477.14 tCO2e/$MNew Fortress EnergyYear: 2020Scope 1: 967,889 tCO2eRevenue: $M 452Scope 1 Intensity: 2,143.01 tCO2e/$MEnterprise Products PartnersYear: 2022Scope 1: 12,000,000 tCO2eRevenue: $M 58,186Scope 1 Intensity: 206.24 tCO2e/$MExcelerate EnergyYear: 2024Scope 1: 579,252 tCO2eRevenue: $M 851Scope 1 Intensity: 680.32 tCO2e/$MWestern Midstream PartnersYear: 2024Scope 1: 9,140,000 tCO2eRevenue: $M 3,605Scope 1 Intensity: 2,535.21 tCO2e/$MKinder MorganYear: 2024Scope 1: 15,400,000 tCO2eRevenue: $M 15,100Scope 1 Intensity: 1,019.87 tCO2e/$MGGGlobal PartnersYear: 2024Scope 1: 42,584 tCO2eRevenue: $M 17,163Scope 1 Intensity: 2.48 tCO2e/$MAltaGasYear: 2022Scope 1: 1,904,084 tCO2eRevenue: $M 10,408Scope 1 Intensity: 182.94 tCO2e/$MQatar Gas Transport Co Ltd (Nakilat) (QPSC)Year: 2024Scope 1: 5,211,345 tCO2eRevenue: $M 1,008Scope 1 Intensity: 5,169.59 tCO2e/$MTormYear: 2023Scope 1: 1,558,254 tCO2eRevenue: $M 10,501Scope 1 Intensity: 148.39 tCO2e/$MMPLXYear: 2023Scope 1: 5,400,000 tCO2eRevenue: $M 10,434Scope 1 Intensity: 517.54 tCO2e/$MGibson EnergyYear: 2024Scope 1: 125,044 tCO2eRevenue: $M 8,189Scope 1 Intensity: 15.27 tCO2e/$MTarga ResourcesYear: 2022Scope 1: 8,406,000 tCO2eRevenue: $M 20,930Scope 1 Intensity: 401.63 tCO2e/$MPembina PipelineYear: 2024Scope 1: 4,492,231 tCO2eRevenue: $M 5,133Scope 1 Intensity: 875.14 tCO2e/$MKeyeraYear: 2023Scope 1: 1,504,200 tCO2eRevenue: $M 5,328Scope 1 Intensity: 282.34 tCO2e/$MPlains GP HoldingsYear: 2023Scope 1: 832,000 tCO2eRevenue: $M 48,712Scope 1 Intensity: 17.08 tCO2e/$MGolar LNGYear: 2024Scope 1: 443,125 tCO2eRevenue: $M 260Scope 1 Intensity: 1,701.89 tCO2e/$MScorpio TankersYear: 2024Scope 1: 1,835,650 tCO2eRevenue: $M 1,244Scope 1 Intensity: 1,475.66 tCO2e/$MFrontlineYear: 2023Scope 1: 2,317,363 tCO2eRevenue: $M 1,802Scope 1 Intensity: 1,285.86 tCO2e/$MKoninklijke VopakYear: 2024Scope 1: 122,706 tCO2eRevenue: $M 1,369Scope 1 Intensity: 89.63 tCO2e/$M

How does Koninklijke Vopak's GHG emissions intensity compare to its peers?

In 2024, Koninklijke Vopak reported a Scope 1 emissions intensity of 89.63 tCO₂e per millions USD. Compared to the peer group median of 777.73 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a

Where does Koninklijke Vopak rank on GHG emissions intensity within its industry?

In 2024, Koninklijke Vopak ranked 4 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

This places Koninklijke Vopak among the top performers, with one of the lowest emissions intensities relative to peers. a

Insights into Koninklijke Vopak's Total Carbon Footprint

In 2024, Koninklijke Vopak reported a total carbon footprint of 897,711 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 11.09% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output. a

The largest contributor to Koninklijke Vopak's total carbon footprint was Scope 3 emissions, accounting for 62.98% of the company's total carbon footprint, followed by Scope 2 emissions at 23.36%. a

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