Sustainability

Some of the products we store are classified as volatile organic compounds (VOCs), which means that they easily evaporate at ambient temperature and can be hazardous for people and the environment. Sources of VOC emissions include storage tank breathing losses from routine operations and venting, and emissions from loading and cleaning tanks. We recognize that the amount of VOC emissions fluctuates as it is strongly dependent on the type of products we store, the number of tank cleaning activities and roof landings, outside temperature, etc. Our goal is to implement best practice engineering standards and improve operational efficiency, reducing VOC emissions to as low as reasonably practicable.

We recognize that our suppliers play a key role in our sustainability strategy. Our expectations are documented in our Supplier Code of Conduct. Our goal is to have all strategic suppliers assessed by 2024, and to have processes in place to monitor their performance and to work with them to further improve sustainability in our supply chain.

Our vision to be meaningful and relevant for our stakeholders includes supporting the communities in which we operate. We aim to create more awareness around our responsibility as a good corporate citizen to support, among others, local risk groups, non-profit organizations and initiatives, and sustainable philanthropy programs. We actively promote sustainable conduct, both internal and external. We advocate our sustainability vision via participating in the UN Global Compact and industry associations with the aim to share best practices and collaborate on issues that are important for the industries in which we operate. Our goal is to participate in industry associations more actively and to increase participation of our workforce in external community engagement and biodiversity programs.

Respecting human rights is an integral part of our responsible business practices. We respect human rights and ensure that our employment conditions are consistent with international norms of behavior and the United Nations Declaration of Human Rights. We strive to enhance the lives of all our employees and contribute to their personal growth as well as a sustainable future. We work in accordance with the International Labour Organization’s Declaration on Fundamental Principles and Rights at Work. Our goal is to extend the human rights agenda in our supply chain by engaging with our key suppliers on this topic.

Whether as individuals or as part of our company, we participate and contribute actively to our society’s further development. Along that journey, we do not assume that everyone is on the same page with regards to business ethics and integrity. To ensure we are all aligned when it comes to ethics, no matter what our individual backgrounds may be, we have established our Code of Ethics and Business Conduct and Whistleblower Policy. We see this policy as an enhancement of the framework provided by laws and regulations, by outlining what are the acceptable behaviors we live by, also beyond the law’s control. Our goal is to have all our employees trained in the EAST CHEYENNE GAS STORAGE Code of Conduct.

We consider diversity an asset and believe that all employees have a right to be treated with dignity and respect and to work in a non-threatening environment. We value each other’s unique qualities and diverse backgrounds, as they complement each other and strengthen our decision-making process. We are committed to providing a work environment free from physical or verbal harassment and do not tolerate discrimination based on race, color, age, gender, gender identity or expression, sexual orientation, nationality, religion, ethnicity or other. Our goal is to have all our employees trained in this area as part of the EAST CHEYENNE GAS STORAGE Code of Conduct training. We have furthermore set a goal to increase the representation of women within EAST CHEYENNE GAS STORAGE’s senior management from 6% in 2022 to 20% in 2030.