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Public Profile
Liquefied Petroleum Gas (LPG)
BM
updated 2 months ago

Petredec Limited Sustainability Profile

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.

26

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.

11%

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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 no data for Scope 2 or Scope 3 emissions was disclosed for this year. Looking back at previous years, Petredec's total emissions were approximately 112,139,300 kg CO2e in 2020, with Scope 1 emissions at about 107,205,400 kg CO2e, Scope 2 at approximately 4,572,700 kg CO2e, and Scope 3 at around 361,200 kg CO2e. In 2019, total emissions were approximately 102,039,200 kg CO2e, with Scope 1 emissions of about 94,405,100 kg CO2e, Scope 2 at approximately 7,314,300 kg CO2e, and Scope 3 at around 319,900 kg CO2e. The 2018 figures showed total emissions of approximately 114,005,400 kg CO2e, with Scope 1 emissions at about 105,010,500 kg CO2e, Scope 2 at approximately 8,144,800 kg CO2e, and Scope 3 at around 850,100 kg CO2e. Currently, Petredec Limited has not set any specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. The company operates independently without cascading emissions data from a parent organization, ensuring that its reported figures reflect its own operational impact.

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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
-

How Carbon Intensive is Petredec Limited's Industry?

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

How Carbon Intensive is Petredec Limited's Location?

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.

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.

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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Where does DitchCarbon data come from?

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