State Trading Organization plc

In 2025, State Trading Organization plc (STO), headquartered in the Maldives (MV), reported total emissions of approximately 53,505,460 kg CO2e. This figure comprises 49,515,490 kg CO2e from Scope 1 emissions and 4,438,970 kg CO2e from Scope 2 emissions, specifically from purchased electricity. Notably, there is no reported data for Scope 3 emissions.

In 2024, STO's emissions were approximately 42,305,750 kg CO2e, with 39,142,380 kg CO2e from Scope 1 and 3,893,370 kg CO2e from Scope 2. The previous year, 2023, saw Scope 2 emissions alone at approximately 6,339,840 kg CO2e, while Scope 1 data was not available.

Despite the emissions data, STO has not established specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or commitments to frameworks such as the Science Based Targets initiative (SBTi). The organisation's climate strategy remains undefined, with no pledges or initiatives reported.

Overall, while STO has made strides in reporting its emissions, the lack of comprehensive Scope 3 data and formal reduction commitments highlights an area for potential improvement in its climate strategy.