Essar Oil (UK) Ltd 2023 AR2
The report highlights Essar Oil (UK) Limited's financial and operational performance for the fiscal year ended March 31, 2023, showing significant improvement with revenues of $11,769.3 million and an operational EBITDA of $308.5 million. The company advanced its decarbonization strategy, aiming to reduce emissions by 75% by 2030 and achieve net zero by 2040 through energy efficiency, fuel switching, and carbon capture projects like Vertex Hydrogen. Additionally, the company announced plans to develop the UK's largest biofuels storage hub at Stanlow Terminals. The report also details the company's safety performance, community engagement programs, and Streamlined Energy and Carbon Reporting (SECR) disclosures.
Company: Essar Oil (UK) Ltd
Sector: Manufacturing
Country: United Kingdom
Year: 2023
Type: AR2
Pages: 61
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Essar Oil (UK) Ltd
Annual Report And Consolidated Financial Statements
The report highlights Essar Oil (UK) Limited's financial and operational performance for the fiscal year ended March 31, 2023, showing significant improvement with revenues of $11,769.3 million and an operational EBITDA of $308.5 million. The company advanced its decarbonization strategy, aiming to reduce emissions by 75% by 2030 and achieve net zero by 2040 through energy efficiency, fuel switching, and carbon capture projects like Vertex Hydrogen. Additionally, the company announced plans to develop the UK's largest biofuels storage hub at Stanlow Terminals. The report also details the company's safety performance, community engagement programs, and Streamlined Energy and Carbon Reporting (SECR) disclosures.
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Document Details
Report Year
2023
Reporting Period
Apr 1, 2022 - Mar 31, 2023
Fiscal Year
2023
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Energy Consumption
Net Zero Target
Employees