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Public Profile
Liquefied Petroleum Gas (LPG)
BM
updated 12 days ago

Petredec Limited

Company website

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.

12

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.

21

Industry Benchmark

Petredec Limited's score of 12 is lower than 85% of the industry. This can give you a sense of how well the company is doing compared to its peers.

15%

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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 specific reduction targets or initiatives, nor have they committed to any climate pledges or SBTi targets. The absence of such commitments suggests a need for enhanced climate action strategies within the organisation. All emissions data is sourced directly from Petredec Limited, with no cascaded data from parent or related organisations. The company is headquartered in BM.

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2018201920202024
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
-

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Petredec Limited's primary industry is Liquefied Petroleum Gases (LPG), which is low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Petredec Limited is in BM, which we do not have grid emissions data for.

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.

Petredec Limited 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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