Sucden, officially known as Sucden Financial Limited, is a prominent player in the global commodities trading industry, headquartered in France. Established in 1952, the company has built a strong reputation in the trading of sugar, coffee, cocoa, and other agricultural products, with significant operations across Europe, Asia, and the Americas. With a focus on providing innovative trading solutions and risk management services, Sucden stands out for its deep market expertise and commitment to sustainability. The firm has achieved notable milestones, including the expansion of its trading platforms and the development of strategic partnerships that enhance its market position. Recognised for its reliability and integrity, Sucden continues to be a trusted name in the commodities sector, catering to a diverse clientele worldwide.
How does Sucden'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.
Mean score of companies in the Services Auxiliary to Financial Intermediation 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.
Sucden's score of 38 is higher than 82% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Sucden reported total carbon emissions of approximately 22,346,900,000 kg CO2e globally, with emissions distributed across Scope 1 (589,538,000 kg CO2e), Scope 2 (566,160,000 kg CO2e), and Scope 3 (22,346,900,000 kg CO2e). This reflects a significant reliance on upstream activities, particularly in purchased goods and services, which accounted for a substantial portion of their Scope 3 emissions. In 2022, Sucden's total emissions were about 20,000,000,000 kg CO2e, with Scope 1 emissions at 566,159,000 kg CO2e and Scope 2 at 499,950,000 kg CO2e. The company has not disclosed specific reduction targets or initiatives, indicating a potential area for improvement in their climate commitments. Historically, Sucden's emissions have fluctuated, with total emissions of approximately 612,344,000 kg CO2e in 2021 and 522,453,000 kg CO2e in 2020. The company has not established any formal reduction targets under the Science Based Targets initiative (SBTi) or other frameworks, which may limit their accountability in addressing climate change. Overall, while Sucden has made strides in reporting their emissions, the absence of clear reduction targets suggests a need for enhanced climate action and commitment to sustainability practices.
Access structured emissions data, company-specific emission factors, and source documents
2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
Scope 1 | - | - | 000,000,000 | 000,000,000 |
Scope 2 | - | - | 000,000,000 | 000,000,000 |
Scope 3 | 20,767,212,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
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.
Sucden is not committed to any reduction initiatives 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.