Tricon Energy
Tricon Energy, a leading global commodity trading firm, is headquartered in the United States and operates extensively across North America, Europe, and Asia. Founded in 2003, the company has established itself in the chemical and energy sectors, specialising in the trading and distribution of petrochemicals, plastics, and other essential raw materials. Tricon Energy is recognised for its commitment to sustainability and innovation, offering unique solutions that cater to the evolving needs of its clients. With a strong market position, the company has achieved significant milestones, including strategic partnerships and a robust supply chain network. Its core services not only enhance operational efficiency but also ensure compliance with industry standards, making Tricon Energy a trusted partner in the global marketplace.
DitchCarbon Score
How does Tricon Energy'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 Electricity from Other Sources 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
Tricon Energy's score of 32 is higher than 84% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Tricon Energy's reported carbon emissions
In 2023, Tricon Energy reported total carbon emissions of approximately 268,619,000 kg CO2e. This figure includes 3,431,000 kg CO2e from Scope 1 emissions, 450,000 kg CO2e from Scope 2 emissions, and a significant 264,738,000 kg CO2e from Scope 3 emissions, which encompasses various indirect emissions categories such as purchased goods and services. The company has set ambitious climate commitments, aiming to reduce its Scope 1 and Scope 2 greenhouse gas emissions by 50% by 2030, using 2018 as the baseline year. This target has been validated by the Science Based Targets initiative (SBTi) and aligns with the necessary reductions to limit global warming to 1.5°C. Tricon Energy is also committed to measuring and reducing its Scope 3 emissions, although specific targets for these emissions have not been detailed. In 2022, Tricon Energy's total emissions were reported at approximately 254,395,000 kg CO2e, with Scope 1 emissions at 310,574,000 kg CO2e and no reported Scope 2 or Scope 3 emissions. This indicates a growing awareness and response to climate impact, as the company works towards its reduction goals. Overall, Tricon Energy's proactive stance on emissions reduction reflects its commitment to sustainability and responsible environmental stewardship within the trading and distribution sector.
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| 2022 | 2023 | |
|---|---|---|
| Scope 1 | 310,574,000 | 0,000,000 |
| Scope 2 | - | 000,000 |
| Scope 3 | - | 000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
Tricon Energy is committed to some 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.
