The Straits Trading Company Limited
The Straits Trading Company Limited, often referred to as Straits Trading, is a prominent player in the investment and resource sectors, headquartered in Singapore (SG). Established in 1887, the company has evolved significantly, marking key milestones in its journey, including diversification into various industries such as property, hospitality, and resources. With a strong presence in Asia and beyond, Straits Trading focuses on core areas like tin mining, property development, and investment management. Its unique approach combines traditional practices with modern strategies, ensuring sustainable growth and innovation. Recognised for its market leadership, the company has achieved notable accolades, solidifying its reputation as a trusted name in the industry.
DitchCarbon Score
How does The Straits Trading Company 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 Other Non-Ferrous Metal Products 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
The Straits Trading Company Limited's score of 18 is higher than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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The Straits Trading Company Limited's reported carbon emissions
In 2023, The Straits Trading Company Limited reported total carbon emissions of approximately 6,000,000 kg CO2e from Scope 1 and Scope 2 sources, alongside about 599,000 kg CO2e from Scope 3 emissions. Specifically, Scope 1 emissions accounted for about 596,000 kg CO2e, while Scope 2 emissions were significantly higher at approximately 6,003,000 kg CO2e. The Scope 3 emissions included notable contributions from employee commuting (about 109,000 kg CO2e), waste generated in operations (approximately 53,000 kg CO2e), and fuel and energy-related activities (around 436,000 kg CO2e). Despite the substantial emissions figures, The Straits Trading Company has not disclosed any specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of defined climate commitments or reduction strategies suggests a need for further action in addressing their environmental impact. As a company headquartered in Singapore (SG), it is crucial for them to align with global climate standards and industry best practices to enhance their sustainability profile.
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| 2023 | |
|---|---|
| Scope 1 | 596,000 |
| Scope 2 | 6,003,000 |
| Scope 3 | 599,000 |
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.
The Straits Trading Company 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.
