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 60 is higher than 80% 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 1839445000 kg CO2e for Scope 1, 527886000 kg CO2e for Scope 2 (market-based), and a staggering 324722477000 kg CO2e for Scope 3 emissions. This represents a significant footprint, particularly in Scope 3, which encompasses emissions from the entire value chain, including purchased goods and services, and the use of sold products. For the previous year, 2023, Trafigura's emissions were approximately 1743931000 kg CO2e for Scope 1, 567800000 kg CO2e for Scope 2 (market-based), and 286540925000 kg CO2e for Scope 3. Notably, the company has set ambitious targets to reduce its Scope 1 and Scope 2 emissions to near zero by 2025, as outlined in their sustainability commitments. Trafigura has also committed to converting six of its owned vessels to zero-emissions fuels by 2030, contingent on technological availability. Additionally, the company aims for a 30% reduction in overall emissions for Scopes 1 and 2 by 2023 compared to 2020 levels. The emissions data is cascaded from Trafigura Group Pte. Ltd., reflecting the company's comprehensive approach to sustainability and climate responsibility. With a long-term goal of achieving operational carbon neutrality by 2050, Trafigura is actively working towards reducing its environmental impact in the global commodities sector.
Access structured emissions data, company-specific emission factors, and source documents
| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | - | - | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | - | - | - | 0,000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 2,421,642,000 | 0,000 | 0,000 | - | 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.
