Trafigura Group Pte Ltd, commonly known as Trafigura, is a leading global commodity trading and logistics company headquartered in Singapore. Founded in 1993, Trafigura has established a strong presence in key operational regions, including Europe, Asia, Africa, and the Americas. The company primarily operates within the oil and petroleum, metals, and minerals sectors, providing essential services that encompass trading, logistics, and asset management. With a focus on core products such as crude oil, refined petroleum products, and base metals, Trafigura distinguishes itself through its extensive supply chain expertise and innovative trading strategies. The firm has achieved significant milestones, including becoming one of the largest independent traders of oil and metals worldwide. Trafigura's commitment to sustainability and responsible sourcing further enhances its market position, making it a trusted partner in the global commodities landscape.
How does Trafigura'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 Transport Equipment Manufacturing 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.
Trafigura's score of 57 is higher than 78% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Trafigura reported total carbon emissions of approximately 324,722,477,000 kg CO2e, with emissions distributed across various scopes: 1,839,445,000 kg CO2e from Scope 1, 527,886,000 kg CO2e from Scope 2 (market-based), and a significant 324,722,477,000 kg CO2e from Scope 3. The total emissions for Scope 1 and 2 combined reached about 2,367,000,000 kg CO2e. For 2023, the company recorded total emissions of about 286,540,925,000 kg CO2e, with Scope 1 emissions at 1,743,931,000 kg CO2e and Scope 2 emissions at 567,800,000 kg CO2e (market-based). The combined total for Scope 1 and 2 was approximately 2,311,000,000 kg CO2e. Trafigura has set ambitious climate commitments, aiming to reduce its Scope 1 and Scope 2 emissions to near zero by 2025. Additionally, the company plans to convert six of its owned vessels to zero-emissions fuels by 2030, contingent on technological availability. Furthermore, Trafigura has established a 30% reduction target for Scopes 1 and 2 by 2023 compared to 2020 levels. The company is also committed to achieving operational carbon neutrality by 2050 for both Scope 1 and Scope 2 emissions. This commitment is part of a broader strategy to address climate change and reduce its carbon footprint across its operations. Trafigura's emissions data is cascaded from its parent company, Trafigura Group Pte. Ltd., reflecting its status as a current subsidiary within the corporate family.
Access structured emissions data, company-specific emission factors, and source documents
2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Scope 1 | 1,722,827,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
Scope 2 | 1,691,164,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Scope 3 | - | 00,000,000,000 | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 |
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.
Trafigura 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.