Quarterly environmental statements

ENVIRONMENTAL STATEMENT - Q2 2022

Eimskip has published its environmental report for the second quarter of 2022. The report provides valuable information about the Company´s environmental status to the market.

Eimskip expanded the ESG reporting for the year 2021 by providing more information, and that journey continues in 2022. The first step was to map the emission from the vessels and the operation in Iceland, but Eimskip´s vessels are responsible for 96% of the fossil fuel consumption in the operation. Additional steps were taken in 2021 to include more of the international offices in the statement, and in 2021, the offices in the Faroe Islands, Germany, Poland, Spain, and the UK started registering environmental information regarding scopes 1 and 2. So far this year, the offices in Norway, Italy, and the Netherlands are contributing data to the system, and more will follow before the end of 2022.

The emission in scope 1 in Q2 2022 was 1% lower than last year's emission for the same period. Scope 1 is still the Company’s main concern, and the Company keeps its strong focus on future possibilities when it comes to energy change. The emission in scope 2 has increased compared to Q2 2021, where the only reason is additional data from the international offices, which are now included in the measurements. Until now, scope 2 has been very low in the operation due to the low CO2 emission factor in Iceland, where the energy is green. Unfortunately, not all countries have as good access to green energy as Iceland, so globally the CO2 emission factor is much higher, and even if less energy is used in those countries, the CO2 emission is higher. Eimskip plans to build new facilities in the Netherlands and the Faroe Islands and part of the building plan is how to improve energy efficiency e.g., by using solar panels.

Scope 3 has risen between periods mainly due to an increase in employee traveling in Q2 where Covid-19 had a strong impact on traveling in the years 2020 and 2021.

Environmental statement by quarter

Greenhouse Gas Emissions Unit Q2 2021 Q3 2021 Q4 2021 Q1 2022 Q2 2022
Scope 1 tCO₂e 76.591 69.434 82.945 76.438 76.117
Scope 2 (location-based) tCO₂e 276 280 265 358,2 370
Scope 1 and 2 tCO₂e 76.867 69.714 83.210 76.796 76.487
Scope 3 tCO₂e 26 38 62 61 132
Total operational GhG emissions tCO₂e 76.893 69.751 83.272 76.857 76.619
Nasdaq: E1|UNGC: P7|GRI: 305-1,305-2,305-3|SASB: General Issue / GHG Emissions|TCFD: Metrics & Targets
             
Energy mix Unit Q2 2021 Q3 2021 Q4 2021 Q1 2022 Q2 2022
Total energy consumption kWh 302.514.816 273.658.458 321.857.484 301.195.702 299.935.556
Fossil fuel % 97,7% 97,4% 98,2% 97,3% 97,3%
Renewables % 2,3% 2,6% 1,8% 2,6% 2,3%
Nuclear % 0% 0% 0% 0% 0%
Nasdaq: E5|GRI: 302-1|SDG: 7|SASB: General Issue / Energy Management
             
Water consumption Unit Q2 2021 Q3 2021 Q4 2021 Q1 2022 Q2 2022
Total water consumption 53.749 53.113 54.089 54.235 54.780
  Cold water 10.595 11.130 10.712 9.531 9.589
  Hot water 43.153 41.983 43.377 44.704 45.191
Nasdaq: E6|GRI: 303-5|SDG: 6|SASB: General Issue / Water & Wastewater Management
             
Waste treatment Unit Q2 2021 Q3 2021 Q4 2021 Q1 2022 Q2 2022
Total waste generation kg 337.675 340.425 404.471 231.695 360.507
  Sorted waste kg 276.226 279.646 329.925 176.711 283.706
  Unsorted waste kg 61.449 60.779 74.546 54.984 76.801
  Recycled waste kg 110.864 120.686 139.709 129.166 104.989
  Disposed waste kg 226.811 219.739 264.762 102.529 255.518
 
Business travel Unit Q2 2021 Q3 2021 Q4 2021 Q1 2022 Q2 2022
Total distance travelled km 42.768 141.516 471.518 549.856 1.399.404
  Air travel km 42.768 141.516 471.518 549.856 1.399.404
 
Paper management Unit Q2 2021 Q3 2021 Q4 2021 Q1 2022 Q2 2022
Total weight of printed papers kg 1.393 1.740 1.284 1.520 2.065
Total amount of printed paper pages 250.107 299.073 230.385 250.307 329.294
  of which color print pages 29.166 49.601 27.027 54.241 84.550
  of which black/white print pages 220.941 249.472 203.358 196.066 244.744