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.
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.
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.
Vitol Holding B.V.'s score of 25 is higher than 64% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2022, Vitol Holding B.V., headquartered in the Netherlands (NL), reported total carbon emissions of approximately 16,600 kg CO2e. This figure includes 1,600 kg CO2e from Scope 1 emissions, which represent direct emissions from owned or controlled sources. Additionally, the company disclosed significant Scope 3 emissions, with 4,400 kg CO2e attributed to the use of sold products, 3,500 kg CO2e from the processing of sold products, and 3,300 kg CO2e related to purchased goods and services. Despite the detailed emissions reporting, Vitol has not set specific reduction targets or climate pledges, indicating a potential area for improvement in their climate commitments. The company’s emissions profile highlights the importance of addressing both direct and indirect emissions to align with industry standards for climate action.
Access structured emissions data, company-specific emission factors, and source documents
2022 | |
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Scope 1 | 1,600 |
Scope 2 | - |
Scope 3 | 11,200 |
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.
Vitol Holding B.V. is not committed to any 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.