Paving the Way for a Greener, Cleaner Future
Protecting the health of our environment, employees, and communities is our top priority.
Implementing Our Greener & Cleaner Strategy
Our mission is to address our role in the fight against climate change and transition toward a more sustainable future.
This is why we have designed a strong, action-based strategy that focuses on reducing our legacy footprint while growing our renewable and clean fuels footprint. We’re investing today to put sustainability at the heart of our business and adapt our infrastructure to alternative sources of energy.
Greener Product Mix
We are diversifying our product mix to include more and more alternative and sustainable products. We are committed to executing over $350 million on clean products, such as chemicals, sustainable fuels and feedstocks.
Since 2017, our storage revenue has seen:
- 17% increase in chemical storage
- 35% increase in renewables, vegetable oils and animal fats
In 2023, 60% of the revenue from our Lower Mississippi River assets are expected to come from handling non-petroleum products.
Our Product Mix by Revenue
Renewable Fuels Support & Logistics
To accommodate evolving energy storage demands, IMTT will expand storage and logistics capacities for renewable diesel, sustainable aviation fuel and cleaner marine fuels.
We are building new pipelines and repurposing or building new tanks to facilitate renewable diesel logistics. As of 2023, we expect to be connected via pipeline to nearly 1/3 of the nation’s renewable diesel production capacity.
Cleaner Operations
To reduce our operational impact on the environment, we strive to both consume less energy and use better, low-carbon sources of energy.
Generation
Continually looking for ways to reduce our Scope 1 emissions. Our solar panel project in Lemont, IL is a recent example of this effort.
Conservation
Continually improve the efficiency of our natural gas consumption by running smarter, more efficient business systems and optimizing our steam boilers
Adaptation
Reimagine the role midstream partners can play in global decarbonization and always look ahead for ways to move our business into a greener, cleaner future
We anticipate generating more than 50% of our earnings in Greener & Cleaner activities, while significantly reducing our own carbon footprint.
For a more in-depth look at IMTT’s Greener & Cleaner Strategy, read our Sustainability Report
