Petredec Limited
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 15 is lower than 81% 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 2020, Petredec Limited reported total carbon emissions of approximately 112,139,300 kg CO2e. This figure includes 107,205,400 kg CO2e from Scope 1 emissions, which are direct emissions from owned or controlled sources, and 4,572,700 kg CO2e from Scope 2 emissions, representing indirect emissions from the generation of purchased electricity, steam, heating, and cooling. Additionally, the company recorded Scope 3 emissions of about 361,200 kg CO2e, which encompass all other indirect emissions that occur in the value chain. Comparatively, in 2019, Petredec's total emissions were about 102,039,200 kg CO2e, with Scope 1 emissions at 94,405,100 kg CO2e, Scope 2 at 7,314,300 kg CO2e, and Scope 3 at 319,900 kg CO2e. In 2018, the total emissions were approximately 114,005,400 kg CO2e, with Scope 1 emissions of 105,010,500 kg CO2e, Scope 2 at 8,144,800 kg CO2e, and Scope 3 at 850,100 kg CO2e. Despite these emissions figures, Petredec Limited has not established specific reduction targets or climate pledges, nor does it appear to have cascaded any targets from a parent organization. The company is currently not aligned with any industry-standard climate initiatives such as SBTi or CDP. As such, its climate commitments remain unspecified, indicating a potential area for future development in sustainability practices.
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| 2018 | 2019 | 2020 | |
|---|---|---|---|
| Scope 1 | 105,010,500 | 00,000,000 | 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
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.
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.
