Vitol Holding B.V. Sustainability Profile
Vitol Holding B.V., commonly referred to as Vitol, is a leading global energy and commodities company headquartered in the Netherlands. Founded in 1966, Vitol has established a strong presence in key operational regions, including Europe, Asia, and the Americas, positioning itself as a pivotal player in the energy sector. Specialising in the trading and distribution of crude oil, refined products, and natural gas, Vitol is renowned for its extensive supply chain capabilities and market insights. The company’s unique approach combines trading expertise with logistics, ensuring efficient delivery and competitive pricing. With a commitment to sustainability and innovation, Vitol has achieved significant milestones, including strategic partnerships and investments in renewable energy. As one of the largest independent energy traders globally, Vitol continues to shape the future of the energy market through its robust portfolio and industry leadership.
DitchCarbon Score
How does Vitol Holding B.V.'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 Real Estate Services 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
Vitol Holding B.V.'s score of 23 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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Vitol Holding B.V., headquartered in the Netherlands (NL), currently does not report specific carbon emissions data for the most recent year, nor does it have documented reduction targets or climate pledges. The absence of emissions data suggests that the company may be in the early stages of formalising its climate commitments or reporting practices. As a current subsidiary of Vitol Holding II S.A., any potential emissions data or climate initiatives may be inherited from this parent organisation. However, no specific figures or targets have been disclosed at this level either. Vitol Holding B.V. is part of an industry increasingly focused on sustainability and carbon reduction, and it may benefit from aligning with broader initiatives such as the Science Based Targets initiative (SBTi) or the Carbon Disclosure Project (CDP) to enhance its climate strategy in the future.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 1,600 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | - | - | - | - |
| Scope 3 | 23,800 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
How Carbon Intensive is Vitol Holding B.V.'s Industry?
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Vitol Holding B.V.'s Scope 3 Categories Breakdown
Vitol Holding B.V.'s Scope 3 emissions, which increased by 9% last year and increased significantly since 2020, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "End-of-Life Treatment of Sold Products" being the largest emissions source at 35% of Scope 3 emissions.
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Vitol Holding B.V.'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.
Vitol Holding B.V. has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
