Stolthaven Terminals Sustainability Overview

Our Environment, Social and Governance update

This brochure provides an overview of the actions and initiatives Stolthaven Terminals is engaged in to reduce our environmental footprint across all our operations with the ambition to make our primary activities carbon neutral by 2040.

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Our Sustainability Policy

Our mission is to be the most respected global storage provider by ensuring we create added value for our stakeholders as well as society, while also protecting our planet.

This policy outlines our sustainability ambitions – which are centered around zero harm to people and the environment – and is applicable to all Stolthaven Terminals employees, contractors, suppliers, and other stakeholders.

This policy consists of the specific set of core sustainability principles outlined below, which are aligned with Stolt-Nielsen’s sustainability objectives.

Occupational health and safety

Our ambition is to operate the safest terminals and eliminate serious incidents with an annual improvement on safety metrics: Total Recordable Case Frequency (TRCF) and Lost Time Injury Frequency (LTIF).

  • We identify and analyse potential risks and take measures to avoid, prevent, control and limit them to create a safe working environment.
  • We establish a proactive safety culture and continuously improve all our activities with a focus on process and personal safety.
  • We conduct our business in line with the highest safety standards and best practices.

Our people

Our ambition is to foster an engaged workforce, with each location at or above country norm on Sustainable engagement.

  • We value our employees and treat them with respect.
  • We promote equal opportunities and diversity.
  • We provide a safe and rewarding environment for our employees.
  • We offer rewarding careers and an ethical and open culture.
  • We seek to attract and retain qualified, talented employees.
  • We encourage and support our employees to participate in volunteer work.

Environmental protection

Our ambition is to make our primary activities carbon neutral by 2040  as well as a minimal number of significant spills or serious incidents and minimal waste to landfill.

  • We work hard to ensure our facilities do not contaminate the land, sea, or air during and/or after use.
  • We commit to minimising our environmental footprint, to use resources efficiently and to responsibly handle the products under our care.
  • We take action to reduce our relative energy consumption as well as water consumption, reduce harmful emissions and reduce waste.
  • We engage with our customers and suppliers on environmental initiatives for mutual benefit.

Operating a sustainable business

Our ambition is to work with our customers and invest in opportunities with the potential to support and/or accelerate the energy transition while also delivering the company’s growth targets.

  • We strive to steadily improve our business, offering the highest-quality products and services to our customers.
  • We actively explore new technologies with the potential to create a positive impact on the environment.
  • We will continue to expand our services to customers linked to sustainability.
  • We take responsibility beyond our business operations and support our local communities.

Responsible Corporate Governance

Our ambition is to facilitate effective and prudent management that supports the long-term success of the company.

  • We develop strong governance frameworks, processes and standards that align with our ambition to reduce the impact of our operations on society and the environment.
  • We ensure our reputation is protected by ensuring good corporate governance including fairness, accountability, responsibility and transparency.
  • We support and adhere to internationally proclaimed human rights.
  • We take measures to comply with all relevant laws, regulations, and company policies, and to behave with integrity, and to avoid conflicts of interest, bribery, and corruption.

The principles above are reflected in our internal policies and standards based on internationally recognised standards. Other tools including internal and external audits, the implementation of certified management systems, and a monitoring of key performance indicators, linked to our sustainability goals, ensures compliance.