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 15 is higher than 52% 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 Scope 1 emissions of about 3,431,000 kg CO2e, Scope 2 emissions of approximately 450,000 kg CO2e, and significant Scope 3 emissions totalling around 264,738,000 kg CO2e. The Scope 3 emissions are primarily driven by purchased goods and services, which account for about 22,316,742,000 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 validated by the Science Based Targets initiative (SBTi) and is aligned with the necessary reductions to limit global warming to 1.5°C. The company also plans to measure and address its Scope 3 emissions as part of its sustainability strategy. In previous years, Tricon's emissions varied, with reported figures of approximately 254,395,000 kg CO2e in 2022, 25,000 kg CO2e in 2021, 12,000 kg CO2e in 2020, and 20,000 kg CO2e in 2019, indicating fluctuations in their operational impact. The commitment to significant reductions reflects Tricon Energy's proactive approach to climate change and its responsibility within the trading and distribution sector.
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Add to project| 2023 | |
|---|---|
| Scope 1 | 3,431,000 |
| Scope 2 | 450,000 |
| Scope 3 | 264,738,000 |
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.
