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 27 is lower than 51% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Tricon Energy's reported carbon emissions
In 2024, Tricon Energy reported total carbon emissions of approximately 31,000 kg CO2e for Scope 1 and about 32,400,000,000 kg CO2e for Scope 3 emissions. The Scope 3 emissions breakdown includes approximately 1,411,968,000 kg CO2e from the use of sold products and about 28,856,011,000 kg CO2e from purchased goods and services. In 2023, the company recorded Scope 1 emissions of about 61,400 kg CO2e and Scope 3 emissions of approximately 24,400,000,000 kg CO2e, with significant contributions from purchased goods and services (about 22,316,742,000 kg CO2e) and upstream transportation and distribution (approximately 1,994,595,000 kg CO2e). Tricon Energy 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 base year. This target has been approved through the Science Based Targets initiative (SBTi) and reflects the company's commitment to align with the 1.5°C climate goal. The company also intends to measure and reduce its Scope 3 emissions, which are significantly higher than its direct emissions, indicating a focus on the entire value chain. Overall, Tricon Energy's emissions data and reduction targets highlight its proactive approach to addressing climate change while operating within the trading and distribution sector.
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| 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Scope 1 | 43,000 | - | 00,000 | 000,000 |
| Scope 2 | - | - | - | - |
| Scope 3 | 5,271,598,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
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 participating in some 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.
