Tricon Energy Sustainability Profile
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 21 is lower than 57% 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. 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 baseline year. This target has been approved through the Science Based Targets initiative (SBTi) and reflects the company's commitment to align with the necessary reductions to limit global warming to 1.5°C. The company also intends to measure and reduce its Scope 3 emissions, which represent a significant portion of its overall carbon footprint. Overall, Tricon Energy's emissions data and climate commitments 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 |
How Carbon Intensive is Tricon Energy's Industry?
How Carbon Intensive is Tricon Energy's Location?
Tricon Energy's Scope 3 Categories Breakdown
Tricon Energy's Scope 3 emissions, which increased by 33% last year and increased by approximately 515% since 2021, demonstrating supply chain emissions tracking. Their carbon footprint includes supplier sustainability and value chain emissions data across Scope 3 categories, with "Purchased Goods and Services" being the largest emissions source at 89% of Scope 3 emissions.
Top Scope 3 Categories
Tricon Energy's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Tricon Energy has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
