Greenhouse gas inventory

INEOS has developed a science-based method for emissions accounting to gather GHG data for compliant scope 1 and scope 2 reporting according to the GHG Protocol. It tracks GHG performance across all INEOS sites based on robust performance metrics and to assess GHG reduction measures against quantified targets by 2030 and 2050.

INEOS respects the general principles on GHG reporting: relevance of information to internal and external audiences, consistency and transparency of methods, data sources and assumptions, comprehensiveness and accuracy of tables and figures, and traceability of progress; to the extent as reasonably possible.

GHG reporting scope

Using the INEOS science base, the Group footprint is calculated per calendar year according to the GHG protocol. The financial control approach is used with INEOS AG as parent company, including all subsidiaries except sports and fashion activities, but added with Petroineos at 50% share for the purpose of materiality.

The operational boundaries of the GHG inventory cover all process emissions, material emissions from stationary and mobile combustion, flaring and emissions from purchased energy.

INEOS GHG footprint

GHG data are sourced from all INEOS sites within the scope defined above, using operational data, emission factors and recognised tools such as the GHG Protocol CHP tool. The quality of the GHG inventory is ensured with internal data consolidation with feedback loops.

[MT CO2E] 2019A 2020
Scope 1 emissions    
Carbon dioxide (CO2) 14.352 13.641
Other GHG emissionsb:    
Methane (CH4) 0.034 0.044
Nitrous oxide (N2O) 0.041 0.032
Hydrofluorocarbons (HFC) 0.006 0.008
Perfluorocarbons (PFC) NA NA
Sulphur hexafluoride (SF6) NA NA
Nitrogen trifluoride (NF3) NA NA
Exported energy to 3rd partiesc 0.976 1.002
Scope 2 emissionsd    
Market-based emissions 6.565 6.208
Location-based emissions 5.216 4.709
Total emissionse excluding exported energy 20.998 19.934
Total emissions incl. exported energy 21.974 20.936
Additional data    
Transferred CO2f 0.293 0.287
Biogenic CO2 from fuels 0.009 0.010
Biogenic CO2 from imported energy 0.207 0.201
Offsets - -

a 2019 is defined as reference year for tracking INEOS' footprint over time; the recalculation policy to adjust the baseline to reflect structural changes in the company or methodology revisions is detailed in the INEOS science base; as a principle, the all-year/ same-year approach is followed; 2019 data have been adjusted to reflect this approach as well as the changes in the accounting method.

b Other GHG emissions are converted to CO2e using the 100-year Global Warming Potential (GWP) factors from IPCC's fifth assessment report; CH4 and N2O emissions are 1586 t and 123 t respectively in 2020 and 1220 t and 156 t respectively in 2019, while HFC data are collected only in t CO2e due to lower materiality.

c  Emissions on energy exported to 3rd parties are reported as a separate subcategory of scope 1; all emissions in this category are in CO2 with negligible contribution of other GHGs (<0.01%).

d The scope 2 figure is based on gross energy purchase with negligible contribution of other GHGs (<0.01%); highest quality available emission factors are used as per the hierarchy in the GHG protocol.

e  Total emissions are calculated using the market-based scope 2 figure; this figure is also reported in INEOS' sustainability report and is used as basis for INEOS' emission reduction strategy.

f  Transferred CO2 mainly covers captured carbon sold to 3rd parties; only 1% of the captured carbon is mineralised onsite to produce carbonate.

GHG reporting validation

Perspective Climate Consultancy verifies that the accounting methodology and reporting format used for this disclosure is compliant with the GHG Protocol standard.