World Fuel Services Corporation releases 2020-2021 Sustainability Report

by | Mar 8, 2022

 

World Fuel Services Corporation announced on Tuesday that it has published its 2020-2021 Sustainability Report, which provides a comprehensive overview of the company’s progress in environmental, social and governance areas of critical importance to its business, employees, customers, suppliers, shareholders and other stakeholders.

The report, released by the Miami-based global energy management company, covers a broad range of actions and initiatives that demonstrate World Fuel Services Corporation’s commitment to taking part in creating the low carbon world of tomorrow and contributing to positive change in society, both today and in the future.

The sustainability report includes World Fuel Services Corporation’s 2020 carbon footprint, reflecting improvements in the company’s global scope 1 and scope 2 greenhouse gas (GHG) emissions over its 2019 baseline and describing the actions being taken to continue progressing on its path to a net zero world. The company is focused on making additional enhancements to its processes and technologies with the aim of further improving efficiencies and decarbonizing its operations over the long-term to achieve its sustainability goals.

“Creating innovative solutions to tackle complex challenges has always been at the heart of who we are as a company and what we strive to do each and every day for our customers, suppliers and other stakeholders. The global energy transition is perhaps one of the greatest challenges facing our world today, and we are excited about doing our part to accelerate this transformation through leveraging the talent and ingenuity of our diverse global organization with our worldwide distribution, fulfillment and technical capabilities,” said Michael J. Kasbar, chairman and chief executive officer. “The past two years have tested our resilience as a company and as a broader community, with both emerging stronger on the other side. We will continue to seek ways to champion social issues — including health, safety, diversity, equity and equality — to provide our employees, communities and other stakeholders with an equal opportunity to achieve success and develop to their full potential.”

To view the full report, click here.

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