Acknowledgement
Firstly, we want to thank our staff, but also our suppliers and customers, for their strong commitment towards our sustainability goals. Our sustainability journey has gathered pace, especially over the last 2 years, and none of this would have been possible without your help! Our staff has been champion sustainability by raising observations, making great suggestions, or implementing changes has enabled us to achieve a lot in a reasonably short – and pandemic impacted – time. Although there is much more to do, we thank you for your on-going commitment and involvement and look forward to bringing SUSTAIN® 2030 alive with you!
In February 2022 we became a proud member of the Aspen Group, which itself is part of the Lantmännen group, an agricultural cooperative of c.19,000 Swedish farmers that is highly driven to find sustainable solutions all the way from field to fork. Our aim to reduce GHG emissions – considering the full life cycle analysis (LCA) – is very similar in this respect.
What is SUSTAIN 2030?
We take our responsibility as a supplier of cutting-edge, high-quality fuels and fluids and the resulting emissions very seriously, including the associated operations that facilitate this process.
Achieving Net-Zero is a long-term goal which involves the adaptation of existing processes and infrastructure to be more sustainable. SUSTAIN® 2030 kicks-off our long-term strategy and intensifies our sustainability efforts to deliver on our pledge to create a cleaner future for all.
Our strong commitment towards sustainability has yielded achievements such as comprehensive Environment-, Social-, Governance (ESG) reports for the last two years, which include wide-ranging and challenging targets and are voluntarily subjected to independent verification of all GHG emissions using the internationally recognised ISO14064-1 standard, with the consequent offsetting of all GHG emissions created by our site in 2021.
However, we realised that a broader approach would be necessary, which led to the creation of SUSTAIN® 2030. We have to be more efficient in reducing our carbon impact in six identified main areas.
The Six Pillars Driving Change
Sustainable components
We will intensify efforts to extend our value chain by interlinking with upstream production of sustainable components that will help facilitate the availability of these components on an increased scale for us and the markets we serve.
Carbon neutral transport
Coryton’s fleet of trucks and FLT’s are already running vastly on circular economy diesel. We aim to switch some FLT’s to sustainably operated systems by 2025. In addition, we will increase the use of sustainable diesel in our truck fleet during 2023, which will ramp-up year-on-year, until the use of circular economy diesel has been replaced with sustainable diesel.
Circular economy
We will require suppliers and hauliers to provide annual feedback on their GHG status by 2023. From 2026 onwards, we expect most of our suppliers and hauliers to commit to GHG reduction plans. The threshold level of required GHG reduction remains to be determined, but adherence must be achieved by 2030.
Energy efficiency
Coryton’s engineering team is currently reviewing the proposed installation of an on-site generator, that would use circular economy diesel to generate electrical power for the site. In addition, on-site generation of renewable energy (e.g., wind turbines, solar) will be reviewed in 2023 as well.
Offsetting emissions
The carbon offset schemes we use will be verified and accredited by the Verified Carbon Standard (VCS), Gold Standard and/or Certified Emission Reductions. These verified projects reduce carbon emissions, protect biodiversity, and bring real benefits for local communities.
SUSTAIN® products
SUSTAIN® products are designed to reduce the impact of carbon emissions as much as possible, while maintaining high-end quality and performance. Some of these products attain GHG reductions of up to 90% and we are continuing our research relentlessly to achieve even higher GHG savings.
SUSTAIN 2030 Vision
Sustainability is a core value for Coryton, with the purpose of ensuring a cleaner future for all. This work has hastened in the past two years, ensuring continuous innovation of the highest quality fuels and fluids. Reducing harmful emissions and greenhouse gas (GHG) emissions remains core to this work, safeguarding our world for future generations. See how we aim to achieve a 30% reduction in our carbon emissions by 2030 compared to 2021.
30%
Our aim is to achieve a 30% reduction of our net carbon impact by 2030 compared to 2021.
CO₂
This will cumulate to ~5,500 tons of CO₂e, or ~1,100 hot air balloons (2,770,785m3 air)!
Carbon-Neutral
Coryton has already been operating a carbon-neutral site since 2021.
Key Dates:
- 10% reduction in Scopes 1, 2, and 3 by 2023 from a 2021 baseline.
- 19% reduction in Scopes 1, 2, and 3 by 2025 from a 2021 baseline.
- 25% reduction in Scopes 1, 2, and 3 by 2028 from a 2021 baseline.
- 30% reduction in Scopes 1, 2, and 3 by 2030 from a 2021 baseline.
MAKE THE JOURNEY WITH US TO A CLEANER FUTURE.
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