Petredec Limited Sustainability Profile
Petredec Limited, a leading player in the global liquefied petroleum gas (LPG) industry, is headquartered in Bermuda (BM). Founded in 1996, the company has established a strong presence in key operational regions, including Asia, Europe, and the Americas. Specialising in the trading, shipping, and distribution of LPG, Petredec is recognised for its innovative logistics solutions and commitment to safety and sustainability. With a fleet of modern vessels and a robust supply chain, Petredec offers unique services that cater to the diverse needs of its clients. The company has achieved significant milestones, positioning itself as a trusted partner in the energy sector. Petredec's dedication to operational excellence and customer satisfaction has solidified its reputation as a market leader in the LPG industry.
DitchCarbon Score
How does Petredec Limited'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 Liquefied Petroleum Gas (LPG) 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
Petredec Limited's score of 12 is lower than 89% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Petredec Limited's reported carbon emissions
In 2024, Petredec Limited reported carbon emissions of approximately 294,077 kg CO2e, exclusively from Scope 1 sources. This marks a significant focus on direct emissions, as the company has not disclosed any Scope 2 or Scope 3 emissions data for this year. Looking back at previous years, Petredec's total emissions in 2020 were about 112,139,300 kg CO2e, with Scope 1 emissions at approximately 107,205,400 kg CO2e, Scope 2 at about 4,572,700 kg CO2e, and Scope 3 at around 361,200 kg CO2e. In 2019, total emissions were about 102,039,200 kg CO2e, with Scope 1 emissions of approximately 94,405,100 kg CO2e, Scope 2 at about 7,314,300 kg CO2e, and Scope 3 at around 319,900 kg CO2e. The 2018 figures showed total emissions of about 114,005,400 kg CO2e, with Scope 1 emissions at approximately 105,010,500 kg CO2e, Scope 2 at about 8,144,800 kg CO2e, and Scope 3 at around 850,100 kg CO2e. Despite the substantial emissions reported in previous years, Petredec Limited has not established any specific reduction targets or initiatives, nor have they committed to any climate pledges. The absence of such commitments may reflect a broader industry context where many companies are increasingly pressured to set science-based targets and enhance transparency regarding their carbon footprints. Petredec Limited operates independently, with no emissions data cascaded from a parent or related organization. The company is headquartered in BM and continues to focus on its operational emissions without publicly defined strategies for reduction or climate commitments.
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| 2018 | 2019 | 2020 | 2024 | |
|---|---|---|---|---|
| Scope 1 | 105,010,500 | 00,000,000 | 000,000,000 | 000,000 |
| Scope 2 | 8,144,800 | 0,000,000 | 0,000,000 | - |
| Scope 3 | 850,100 | 000,000 | 000,000 | - |
How Carbon Intensive is Petredec Limited's Industry?
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Petredec Limited'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.
Petredec Limited 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.
