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 51 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Trafigura reported total carbon emissions of approximately 286,540,925,000 kg CO2e, with significant contributions from Scope 3 emissions, which accounted for the majority of their carbon footprint. Specifically, Scope 1 emissions were about 1,743,931,000 kg CO2e, while Scope 2 emissions totalled approximately 567,800,000 kg CO2e. The previous year, 2022, saw total emissions of around 329,179,121,000 kg CO2e, with Scope 1 emissions at approximately 1,745,063,000 kg CO2e and Scope 2 emissions at about 556,680,000 kg CO2e. This indicates a slight decrease in total emissions from 2022 to 2023. Trafigura has not disclosed specific reduction targets or initiatives as part of their climate commitments, nor have they reported any Science Based Targets Initiative (SBTi) reduction targets. The absence of documented reduction initiatives suggests a need for further transparency regarding their climate strategy and commitments to reducing greenhouse gas emissions. Overall, Trafigura's emissions data highlights the significant environmental impact of their operations, particularly in Scope 3 emissions, which encompass indirect emissions from their value chain.
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 | 11,994,212,000 | 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 committed to any reduction initiatives 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.