The Straits Trading Company Limited Sustainability Profile
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 lower than 55% 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 6,000,300 kg CO2e from Scope 2, 596,000 kg CO2e from Scope 1, and 599,000 kg CO2e from Scope 3. The Scope 3 emissions included 109,000 kg CO2e from employee commuting, 53,000 kg CO2e from waste generated in operations, and 436,000 kg CO2e from fuel and energy-related activities. For 2024, the company disclosed a Scope 1 and 2 emissions intensity of 80.0 kg CO2e per m², although specific emissions data for that year was not provided. The company has not set any specific reduction targets or climate pledges, and there are no reported initiatives under the Science Based Targets initiative (SBTi) or other climate frameworks. The emissions data is cascaded from The Straits Trading Company Limited, indicating a corporate family relationship. The company is headquartered in Singapore (SG) and continues to monitor its carbon footprint as part of its commitment to sustainability.
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| 2023 | |
|---|---|
| Scope 1 | 596,000 |
| Scope 2 | 6,003,000 |
| Scope 3 | 599,000 |
How Carbon Intensive is The Straits Trading Company Limited's Industry?
How Carbon Intensive is The Straits Trading Company Limited's Location?
The Straits Trading Company Limited'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.
Top Scope 3 Categories
The Straits Trading Company Limited'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.
The Straits Trading Company Limited 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.
