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European Climate Pact

Overview

Location

Belgium

Sector

Transport manufacture, management and services

Organisation type
Business

Company Information

Euronav is a publicly listed independent tanker shipping company engaged in the ocean transportation and storage of crude oil. It is headquartered in Antwerp, Belgium. In 2021, the company reported 419.7 million USD in revenue. Worldwide, Euronav employs approximately 200 permanent personnel on shore and around 3,200 people on the vessels.*

*Source

Our progress towards decarbonization

 

GHG Emissions

Our actions – the Pathway

  • Euronav N.V. has a target to reduce intensity of scope 1 CO2e emissions 40% per dwt*NM by 2030 from a base year of 2008.
  • Euronav N.V. has a target to reduce intensity of scope 1 CO2e emissions 80% per dwt*nm by 2040 from a base year of 2008

MRV: Pact MRV in place

Status date: Submitted (25/07/2022)

Data source: CDP Climate Change 2022

How we want to achieve this – our roadmap

  • Have an initiative in place to drive GHG emissions reduction through energy efficiency in production processes
  • Have scope 1+2+3 GHG emissions verified through a third party verification or assurance process 

MRV: Pact MRV in place

Status date: Submitted (25/07/2022)

Data source: CDP Climate Change 2022

 

Governance & Strategy

North Star

  • Euronav N.V. have a publicly available 1.5°C aligned low-carbon transition plan

MRV: Pact MRV in place

Status date: Submitted (25/07/2022)

Data source: CDP Climate Change 2022

How we want to achieve this – our roadmap

  • Publicly disclose climate and environmental data to investors and customers through a public platform
  • Have board-level oversight of climate-related issues
  • Have a process for identifying, assessing, and responding to climate-related risks and opportunities

MRV: Pact MRV in place

Status date: Submitted (25/07/2022)

Data source: CDP Climate Change 2022

 

Buildings

Our actions – the Pathway

  • Have an initiative in place to drive GHG emissions reduction through energy efficiency in buildings

MRV: Pact MRV in place

Status date: Submitted (25/07/2022)

Data source: CDP Climate Change 2022