We are a leading global player in the terminal storage industry, with a focused growth strategy on chemicals, gas and new energy and a strong commitment to embed ESG and sustainability across our entire operations. Advario is a carve-out of Oiltanking GmbH and we are committed to play a frontrunner role in the energy transition through developing transformational partnerships.
The storage industry has a key role to play to progress the energy transition and ensure undisrupted, secure access to low carbon energy everywhere in the world. This transition is complex and requires close coordination and cooperation of all partners across the whole value chain. And that is exactly what our strategy is built on. We want to create better business through transformational partnerships. As fossil remains part of energy mix for some time to come, we will continue our services in this sector, but our growth focus therefore our investments dedicated to expanding our business across three segments: chemicals, gas, and increasingly new energies.
Through putting ESG at the heart of what we do, we achieve better business for our partners, society and ourselves. Besides ambitiously growing our business, we consider it equally important to operate our business highest care and safety standards for our people, the communities we work in and environments we live in.
We want to make an impact in two ways. Firstly, by helping our customers reduce their CO2 footprint by enabling their transition to sustainable liquids and secondly by reducing our own emissions. So, we strive for a material share of sustainable revenues and we commit to net-zero operations by 2040 latest.