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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.
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.
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.
The Straits Trading Company Limited's score of 21 is higher than 50% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, The Straits Trading Company Limited reported total carbon emissions of approximately 94,484,000 kg CO2e. This figure includes Scope 1 emissions of about 1,151,000 kg CO2e, Scope 2 emissions of approximately 7,768,000 kg CO2e, and significant Scope 3 emissions totalling around 85,565,000 kg CO2e. Notably, the Scope 3 emissions comprise investments (about 70,871,000 kg CO2e), downstream leased assets (approximately 11,521,000 kg CO2e), and employee commuting (about 195,000 kg CO2e). In 2023, the company reported total emissions of approximately 7,640,000 kg CO2e, with Scope 1 emissions at about 1,038,000 kg CO2e, Scope 2 emissions around 6,003,000 kg CO2e, and Scope 3 emissions of approximately 599,000 kg CO2e. The emissions from employee commuting were about 109,000 kg CO2e, while waste generated in operations accounted for approximately 53,000 kg CO2e. Despite the detailed emissions reporting, The Straits Trading Company Limited has not set specific reduction targets or climate pledges, as indicated by the absence of documented reduction initiatives or SBTi targets. The company operates as a current subsidiary, inheriting emissions data from its parent organisation, The Straits Trading Company Limited, at a cascade level of 2. Overall, while the company provides comprehensive emissions data across all scopes, it currently lacks defined climate commitments or reduction strategies.
Access structured emissions data, company-specific emission factors, and source documents
2023 | 2024 | |
---|---|---|
Scope 1 | 1,038,000 | 0,000,000 |
Scope 2 | 6,003,000 | 0,000,000 |
Scope 3 | 599,000 | 00,000,000 |
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.
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.