Sustainability Report 2023

Welcome to our 2023 Sustainability Report

We are pleased to share the Advario 2023 Sustainability Report. This report provides valuable insights into our environmental, social, and governance (ESG) initiatives and performance. It highlights our dedication to being a frontrunner in the energy transition, caring for people and the environment, and applying fair business practices.

Partners for progress

Our vision of being the partner for progress continues to drive our ambitious sustainability strategy, which we make integral to all our operations. We are focused on developing, innovating, building, and operating storage infrastructure that supports our partners in their decarbonization efforts. We wholeheartedly believe in building transformative partnerships while prioritizing safety and sustainability.

2023: A transformative year

2023 was a transformative year for us as a partner in the global energy industry, in which we among others signed the agreement of land for the greenfield development of new energy infrastructure in the Port of Rotterdam. It was also a pivotal year as we continued to navigate an ongoing changing energy landscape. 2023 underlined again the urgent need for cleaner energy sources and the growing demand for sustainable solutions.

Our culture of care

Safety and responsible operations are the foundation of how we do business, requiring constant attention and continuous improvement. It is always our top priority. Our commitment to care extends to the communities surrounding our terminals, making a positive impact through local initiatives.

Our 2023 climate action

We run our operations responsibly, ensuring the well-being of current and future generations. Globally, our terminals provide safe and reliable tank storage solutions needed to ensure global energy and chemicals flows. We achieved an 11.6% reduction in greenhouse gas (GHG) emission intensity, reflecting our dedication to decarbonizing our operations and targeting net-zero Greenhouse Gas (GHG) emissions by 2040.

Sustainability at the heart of our growth

In 2023, we continued to focus on sustainable growth. Assuring the security of energy and the demand for affordable energy required significant infrastructure development to connect low-carbon supply with demand. We advanced greenfield and brownfield investments in chemicals, gas, and new energy infrastructure. In our portfolio shift we grew the share of bio-based products we store and again reduced the share of fossil fuels, while expanding our hydrogen and ammonia capabilities.

A multicultural company

At Advario, our journey of success is a collective achievement, made possible by our diverse and talented team comprised of 43 nationalities. We believe that it’s the different perspectives, experiences, and ideas that propel us forward. Together with our employees and partners, we are driving progress towards a greener future. Join us in shaping a brighter, more sustainable tomorrow.