Gunvor
Gunvor Group Ltd., commonly known as Gunvor, is a prominent global commodities trading company headquartered in Switzerland (CH). Founded in 2000, Gunvor has established itself as a key player in the energy sector, specialising in the trading of oil, natural gas, and other commodities. With major operational regions spanning Europe, Asia, and North America, the company has built a robust network that enhances its market reach. Gunvor's core services include physical trading, logistics, and risk management, distinguished by its commitment to transparency and sustainability. The company has achieved significant milestones, including a strong market position as one of the largest independent traders of oil and gas. With a focus on innovation and efficiency, Gunvor continues to adapt to the evolving energy landscape, solidifying its reputation as a leader in the commodities industry.
DitchCarbon Score
How does Gunvor'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 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
Gunvor's score of 24 is higher than 87% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Gunvor's reported carbon emissions
In 2023, Gunvor reported total carbon emissions of approximately 2,498,418,000 kg CO2e, comprising 4,515,000 kg CO2e from Scope 1, 934,761,000 kg CO2e from Scope 2, and 2,494,418,000 kg CO2e from Scope 3 emissions. This marked a significant reduction in Scope 1 emissions compared to previous years, where Scope 1 emissions were approximately 9,270,000 kg CO2e in 2022 and 77,834,000 kg CO2e in 2021. In 2022, Gunvor's total emissions were about 17,997,541,000 kg CO2e, with Scope 1 emissions at 9,270,000 kg CO2e, Scope 2 at 1,031,414,000 kg CO2e, and Scope 3 at 17,997,541,000 kg CO2e. The company has not publicly disclosed specific reduction targets or initiatives as part of its climate commitments, indicating a potential area for future focus. Gunvor's emissions data reflects its operations in the global energy sector, where it is crucial to address carbon footprints across all scopes, particularly in Scope 3, which often represents the largest share of emissions for companies in this industry. The company is headquartered in Switzerland (CH) and continues to navigate the challenges of reducing its carbon impact while maintaining operational efficiency.
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Add to project| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 1,674,450,000 | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 107,939,000 | 0,000,000,000 | 000,000,000 | 0,000,000,000 | 000,000,000 |
| Scope 3 | - | 0,000,000,000 | 00,000,000,000 | 00,000,000,000 | 0,000,000,000 |
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.
Gunvor is committed to some reduction initiatives 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.
