Environmental Stewardship

Environmental stewardship is a critical element of Buckeye’s mission and values. As such, our commitment is reflected in our daily operations, as we strive to minimize our environmental impact through continuous improvement in environmental management and targeted updates to our programs.

As a reflection of our commitment and to ensure that we continue to make progress, in 2022, we established a GHG reduction goal backed by a comprehensive program to monitor and improve our efforts over time. We have been tracking our scope 1 and 2 emissions since 2019, and we have leveraged this data to inform our GHG reduction strategy, and to identify and implement best practices in technology, training, and design, to reduce GHG emissions across our operations.

Path to Net zero

As part of our commitment to becoming a net zero energy business by 2040, we have developed and integrated a multifaceted approach with a range of decarbonization pathways into our overall business strategy that creates shared value for our stakeholders, mitigates climate-related risks, and contributes to the overall decarbonization of the economy. Additionally, to remain on track for meeting our net zero goal, we have set an ambitious interim goal of reducing our GHG emissions by 50% by 2025 from a 2019 baseline.

We have identified the following levers we plan to pursue to achieve our interim goal by 2025 and ultimately reach our net zero target:

Energy Efficiency

Enhance energy-efficient equipment across our pipeline stations

Energy
Decarbonization

Reduce emissions through operational efficiency

Process equipment changes

Implement renewable energy projects

Product/Service Decarbonization

Evaluate and implement technological solutions such as vapor recovery units

Increase renewable fuel product offering

Invest in alternative energy services

Credible Carbon Offset

Purchase credible carbon credits to offset residual and hard-to-abate scope 1 and 2 emissions

Invest in the development of renewable energy projects and generating Renewable Energy Certificates (RECs)

Buckeye Alternative Energy Solutions Infrastructure: The Energy of Tomorrow

We are focused on diversifying our business into an integrated energy infrastructure and logistics platform to support the energy needs of the future. As part of our refreshed corporate strategy, in the first quarter of 2023, we launched Buckeye Alternative Energy Solutions Infrastructure (BAES Infrastructure). BAES Infrastructure is a diversified energy company focused specifically on the development, construction, and operation of energy transition projects and new energy transition-related opportunities.

Learn about our Energy Transition Investments

Our Responsibility