Sustainability

GOAL 1 | ENERGY AND CO2

We recognize that the CO2 emissions from our activities have an impact on climate and biodiversity. Our goal is to be CO2-neutral by 2030 for scope 1 and 2 emissions and by 2040 for scope 3 emissions. Our strategy is based on a multi-tiered approach: avoid, reduce, replace, and compensate.

GOAL 2 | VOC EMISSIONS

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.

GOAL 3 | BIODIVERSITY

We consider the preservation of biodiversity a crucial element in enabling the world to meet the Sustainable Development Goals, to help mitigate and remove greenhouse gas emissions, to adapt to climate change risks, and to maintain ecosystem services. Our goal is to contribute to preserve biodiversity by reducing CO2 emissions and by supporting nature-based solutions. Nature-based solutions to climate change involve conserving, restoring, or optimally managing ecosystems to remove CO2 from the atmosphere. Ecosystems reduce climate change by capturing CO2 from the air and sequestering it in plants, soils, and sediments. They also help protect communities from the effects of climate change. We expect that for all our terminals, a biodiversity and water stress risk assessment as well as an action plan is in place. This includes our support to a local biodiversity or nature conservation project.

GOAL 4 | RESOURCE EFFICIENCY AND CIRCULARITY

Delta Terminal strive to source materials responsibly, reduce water consumption and minimize waste. Next to the energy efficiency plans in place, we expect to conduct water efficiency and waste studies for all terminals in 2024. Our goal for 2030 is to not have any We generated waste sent to landfills.

GOAL 5 | ENVIRONMENTAL POLLUTION

As the custodian of our customers’ products, we have a responsibility to protect the environment and the welfare of our neighbors and the communities in which we operate. To this end, we have controls in place to prevent unintended releases of product, and environmental standards which are founded on the precautionary approach, focusing on prevention rather than remediation. Our goal is to have no unintended releases of product to the environment.

GOAL 6 | SUSTAINABLE PURCHASING

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 end 2024, and to have processes in place to monitor their performance and to work with them to further improve sustainability in our supply chain.

GOAL 7 | SUSTAINABLE ADVOCACY

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.

GOAL 8 | HEALTH AND SAFETY

We believe that all incidents are preventable. We have processes in place to protect ourselves, our colleagues, contractors, neighbors, and visitors against any harm. We also have employee wellbeing programs in place at all terminals. Our goal is to have zero recordable incidents and zero tier 1 and 2 process safety events.

GOAL 9 | HUMAN RIGHTS

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.

GOAL 10 | BUSINESS ETHICS AND INTEGRITY

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.