Gunvor Group Ltd Sustainability Profile
Gunvor Group Ltd., commonly referred to as Gunvor, is a prominent global commodities trading company headquartered in Cyprus (CY). 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 a strong operational presence across Europe, Asia, and the Americas, the company has achieved significant milestones, including strategic partnerships and expansions that enhance its market reach. Gunvor's core services encompass physical trading, logistics, and risk management, distinguished by their commitment to transparency and sustainability. The company is recognised for its innovative approach to supply chain optimisation and its ability to adapt to market dynamics. As a leading entity in the commodities market, Gunvor continues to solidify its position through a focus on operational excellence and customer-centric solutions.
DitchCarbon Score
How does Gunvor Group Ltd'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
Gunvor Group Ltd's score of 7 is lower than 96% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Gunvor Group Ltd's reported carbon emissions
In 2023 and 2024, Gunvor Group Ltd reported a CO2 intensity of approximately 3,500 kg CO2e per tonne from its time chartering activities. However, specific total emissions data for Scope 1, 2, and 3 are not disclosed for these years. The company has not set any reduction targets or climate pledges, indicating a lack of formal commitments to reduce carbon emissions at this time. Gunvor Group Ltd operates without cascaded emissions data from a parent company, maintaining its own reporting standards. The absence of detailed emissions figures and reduction initiatives suggests that the company may be in the early stages of developing a comprehensive climate strategy. As the industry increasingly prioritises sustainability, Gunvor's future commitments and actions will be crucial in addressing climate change and enhancing its environmental performance.
How Carbon Intensive is Gunvor Group Ltd's Industry?
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Gunvor Group Ltd's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Gunvor Group Ltd has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
