Straits International Sustainability Profile
Straits International, headquartered in Singapore (SG), is a leading player in the logistics and supply chain management industry. Founded in 2000, the company has established a strong presence across Asia, with significant operations in Southeast Asia and beyond. Straits International is renowned for its comprehensive range of services, including freight forwarding, warehousing, and customs brokerage, all tailored to meet the diverse needs of its clients. What sets Straits International apart is its commitment to innovation and customer-centric solutions, ensuring efficient and reliable service delivery. Over the years, the company has achieved notable milestones, solidifying its market position as a trusted partner for businesses seeking seamless logistics solutions. With a focus on sustainability and technology integration, Straits International continues to lead the way in transforming the logistics landscape.
DitchCarbon Score
How does Straits International'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 Oil Seeds 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
Straits International's score of 16 is higher than 59% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Straits International's reported carbon emissions
In 2023, Straits International reported total carbon emissions of approximately 7,199,000 kg CO2e. This figure encompasses emissions across all scopes, with Scope 1 emissions at 596,000 kg CO2e, Scope 2 emissions at 6,003,000 kg CO2e, and Scope 3 emissions at 599,000 kg CO2e. Notably, the Scope 3 emissions include contributions from employee commuting (109,000 kg CO2e), waste generated in operations (53,000 kg CO2e), and fuel and energy-related activities (436,000 kg CO2e). Despite the significant emissions reported, Straits International has not disclosed any specific reduction targets or initiatives aimed at decreasing their carbon footprint. The company is a current subsidiary of Straits Financial Group Pte Ltd., which may influence its climate commitments and reporting practices. However, no specific climate pledges or SBTi targets have been identified in the available data. Overall, Straits International's emissions profile reflects a substantial reliance on energy consumption, particularly evident in their Scope 2 emissions, which represent the largest portion of their total emissions. The absence of defined reduction strategies highlights an area for potential improvement in their climate action efforts.
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| 2023 | |
|---|---|
| Scope 1 | 596,000 |
| Scope 2 | 6,003,000 |
| Scope 3 | 599,000 |
How Carbon Intensive is Straits International's Industry?
How Carbon Intensive is Straits International's Location?
Straits International's Scope 3 Categories Breakdown
Their carbon footprint includes suppliers and value chain emissions, with Scope 3 emissions accounting for 8% of total emissions under the GHG Protocol, with "Fuel and Energy Related Activities" being the largest emissions source at 73% of Scope 3 emissions.
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Straits International'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.
Straits International 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.
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