Vitol Holding B.V.
Vitol Holding B.V., commonly referred to as Vitol, is a leading global energy and commodities company headquartered in the Netherlands. Founded in 1966, Vitol has established a strong presence in key operational regions, including Europe, Asia, and the Americas, positioning itself as a pivotal player in the energy sector. Specialising in the trading and distribution of crude oil, refined products, and natural gas, Vitol is renowned for its extensive supply chain capabilities and market insights. The company’s unique approach combines trading expertise with logistics, ensuring efficient delivery and competitive pricing. With a commitment to sustainability and innovation, Vitol has achieved significant milestones, including strategic partnerships and investments in renewable energy. As one of the largest independent energy traders globally, Vitol continues to shape the future of the energy market through its robust portfolio and industry leadership.
DitchCarbon Score
How does Vitol Holding B.V.'s carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Real Estate Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Vitol Holding B.V.'s score of 22 is lower than 60% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Vitol Holding B.V.'s reported carbon emissions
In 2022, Vitol Holding B.V., headquartered in the Netherlands, reported total carbon emissions of approximately 16,600 kg CO2e. This figure includes 1,600 kg CO2e from Scope 1 emissions, which represent direct emissions from owned or controlled sources. Additionally, significant contributions to their carbon footprint came from Scope 3 emissions, with 4,400 kg CO2e attributed to the use of sold products, 3,500 kg CO2e from the processing of sold products, and 3,300 kg CO2e related to purchased goods and services. Despite the detailed emissions reporting, Vitol has not disclosed specific reduction targets or initiatives aimed at decreasing their carbon emissions. The absence of defined climate pledges or science-based targets suggests that while the company is aware of its emissions profile, it may not yet have formalised commitments to reduce its carbon footprint in line with industry standards. Overall, Vitol's emissions data highlights the importance of addressing both direct and indirect emissions, particularly in the context of global climate commitments.
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| 2022 | |
|---|---|
| Scope 1 | 1,600 |
| Scope 2 | - |
| Scope 3 | 11,200 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Vitol Holding B.V. is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
