Sucden
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.
DitchCarbon Score
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.
Industry Average
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.
Industry Benchmark
Sucden's score of 41 is higher than 85% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Sucden's reported carbon emissions
In 2023, Sucden reported significant carbon emissions totalling approximately 23,346,900,000 kg CO2e across all scopes. This includes 589,538,000 kg CO2e from Scope 1, 566,160,000 kg CO2e from Scope 2, and a substantial 22,346,900,000 kg CO2e from Scope 3 emissions, which primarily stem from purchased goods and services (21,666,340,000 kg CO2e). Sucden has set ambitious climate commitments, aiming to reduce its greenhouse gas (GHG) emissions by 30% by 2030 compared to 2015 levels. This target applies to both Scope 1 and Scope 2 emissions, specifically focusing on emissions related to sugar production. The company is actively working towards these goals as part of its broader sustainability strategy. In 2022, Sucden's emissions were recorded at approximately 19,885,106,000 kg CO2e for Scope 3, with Scope 1 and 2 emissions at 566,159,000 kg CO2e and 499,950,000 kg CO2e, respectively. The consistent reporting of emissions across multiple years highlights Sucden's commitment to transparency and accountability in its climate initiatives. Overall, Sucden's proactive approach to managing its carbon footprint reflects its dedication to sustainability and environmental responsibility within the sugar production industry.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | - | - | 000,000,000 | 000,000,000 |
| Scope 2 | - | - | 000,000,000 | 000,000,000 |
| Scope 3 | - | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
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.
Sucden 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.
