Sucden, officially known as Sucden Financial Limited, is a prominent player in the global commodities trading industry, headquartered in France. Established in 1952, the company has built a strong reputation in the trading of sugar, coffee, cocoa, and other agricultural products, with significant operations across Europe, Asia, and the Americas. With a focus on providing innovative trading solutions and risk management services, Sucden stands out for its deep market expertise and commitment to sustainability. The firm has achieved notable milestones, including the expansion of its trading platforms and the development of strategic partnerships that enhance its market position. Recognised for its reliability and integrity, Sucden continues to be a trusted name in the commodities sector, catering to a diverse clientele worldwide.
How does Sucden'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.
Mean score of companies in the Services Auxiliary to Financial Intermediation 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.
Sucden's score of 38 is higher than 82% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Sucden reported total carbon emissions of approximately 22,346,900,000 kg CO2e, with emissions distributed across various scopes: 589,538,000 kg CO2e for Scope 1, 566,160,000 kg CO2e for Scope 2, and 21,666,340,000 kg CO2e for Scope 3. This represents a notable increase in emissions compared to previous years, particularly in Scope 3 emissions, which have consistently been the largest contributor to their overall carbon footprint. In 2022, Sucden's total emissions were about 19,885,106,000 kg CO2e, with Scope 1 emissions at 566,159,000 kg CO2e, Scope 2 at 499,950,000 kg CO2e, and Scope 3 at 19,885,106,000 kg CO2e. The company has shown a commitment to transparency by disclosing emissions across all three scopes, which is essential for understanding their overall impact on climate change. Despite the lack of specific reduction targets or initiatives outlined in their reports, Sucden's emissions data indicates a focus on monitoring and reporting their carbon footprint. The absence of documented reduction targets suggests that while they are aware of their emissions, they may not yet have formalised strategies for significant reductions. Overall, Sucden's emissions data highlights the importance of ongoing efforts to address climate change, particularly in the context of their substantial Scope 3 emissions, which encompass indirect emissions from their supply chain and product use.
Access structured emissions data, company-specific emission factors, and source documents
2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
Scope 1 | - | - | 000,000,000 | 000,000,000 |
Scope 2 | - | - | 000,000,000 | 000,000,000 |
Scope 3 | 20,767,212,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
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.
Sucden 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.