Potential offtaker

Royal Vopak

www.vopak.com

Estimated electricity consumption

N/A

Countries of production presence

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Royal Vopak is a leading provider of bulk liquid storage and handling solutions. Founded in 1616, the company has a rich history and has grown to become a global player in the refined products pipelines and storage (RPPS) sector. With a presence in over 25 countries, Royal Vopak operates a network of terminals that store and handle a wide range of products, including oil, chemicals, and gases.

In recent years, Royal Vopak has taken a proactive approach to decarbonisation and has made significant investments in renewable energy. The company has set ambitious targets to reduce its carbon footprint and is committed to playing a leading role in the transition to a low-carbon economy.

One of the key ways in which Royal Vopak is driving decarbonisation is through its corporate energy strategy. The company is working to reduce its energy consumption and increase the use of renewable energy sources across its operations. This includes investing in energy-efficient technologies and exploring new ways to generate renewable energy on site.

As part of its corporate energy strategy, Royal Vopak has also entered into several corporate power purchase agreements (PPAs) for renewable energy. These agreements allow the company to purchase renewable energy directly from producers, which helps to support the growth of the renewable energy sector and reduce the company's carbon footprint.

In addition to its focus on renewable energy, Royal Vopak is also committed to reducing emissions from its existing operations. The company has implemented a range of measures to improve energy efficiency and reduce emissions, including the use of low-emission vehicles and equipment, the installation of energy-efficient lighting and HVAC systems, and the implementation of waste reduction and recycling programs.

Royal Vopak is also exploring new technologies and business models that can help to drive decarbonisation across the RPPS sector. For example, the company is exploring the use of carbon capture and storage (CCS) technologies to capture and store carbon emissions from its operations. This could help to significantly reduce the company's carbon footprint and support the transition to a low-carbon economy.

Overall, Royal Vopak's commitment to decarbonisation and renewable energy is a key part of its strategy for long-term growth and sustainability. By investing in renewable energy and exploring new technologies and business models, the company is well-positioned to play a leading role in the transition to a low-carbon economy.

In conclusion, Royal Vopak is a company that has a long history of providing bulk liquid storage and handling solutions. The company is committed to decarbonisation and has set ambitious targets to reduce its carbon footprint. Through its corporate energy strategy, the company is working to increase the use of renewable energy sources across its operations and has entered into several corporate power purchase agreements for renewable energy. Royal Vopak is also exploring new technologies and business models that can help to drive decarbonisation across the RPPS sector. Overall, the company's commitment to sustainability and decarbonisation is a key part of its strategy for long-term growth and success.

✓ Science Based Targets member
✓ Declared Net Zero commitment