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?
The Six Pillars Driving Change
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.
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.
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.
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 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.
Our aim is to achieve a 30% reduction of our net carbon impact by 2030 compared to 2021.
This will cumulate to ~5,500 tons of CO₂e, or ~1,100 hot air balloons (2,770,785m3 air)!
Coryton has already been operating a carbon-neutral site since 2021.
- 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.