The Path To Carbon Neutrality

David Tassadogh, infrastructure associate at GRESB, discusses how working parallel with current EU legislations will help companies reach net zero. It is evident that for society to make substantial progress in preparing for a future impacted by climate change, a large segment of our infrastructure sector must greatly reduce its carbon emissions, if not achieve net zero. Companies specialising in the storage of energy resources will play a key role in these efforts – bringing valuable expertise, established infrastructure, and the necessary legal credentials to manage new supply networks and the global expansion of markets for alternative energy forms. For the tank storage sector to play this role and to either significantly decarbonise or attain carbon neutrality itself by 2050 requires collaborative efforts from all involved parties. To this end, the sector has already begun implementing changes as it faces a growing set of ESG reporting requirements that stem from a patchwork of legislative frameworks. Whatever is ultimately asked of tank storage terminals, being aware of the various reporting requirements, roadmap setting tools, and the operational levers that an operator...