Trafigura
Trafigura Group Pte Ltd, commonly known as Trafigura, is a leading global commodity trading and logistics company headquartered in Singapore. Founded in 1993, Trafigura has established a strong presence in key operational regions, including Europe, Asia, Africa, and the Americas. The company primarily operates within the oil and petroleum, metals, and minerals sectors, providing essential services that encompass trading, logistics, and asset management. With a focus on core products such as crude oil, refined petroleum products, and base metals, Trafigura distinguishes itself through its extensive supply chain expertise and innovative trading strategies. The firm has achieved significant milestones, including becoming one of the largest independent traders of oil and metals worldwide. Trafigura's commitment to sustainability and responsible sourcing further enhances its market position, making it a trusted partner in the global commodities landscape.
DitchCarbon Score
How does Trafigura'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 Transport Equipment Manufacturing 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
Trafigura's score of 57 is higher than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Trafigura's reported carbon emissions
In 2024, Trafigura reported total carbon emissions of approximately 1839445000 kg CO2e for Scope 1, 527886000 kg CO2e for Scope 2 (market-based), and a staggering 324722477000 kg CO2e for Scope 3 emissions. This represents a significant footprint, particularly in Scope 3, which encompasses emissions from the entire value chain, including purchased goods and services, and the use of sold products. Comparatively, in 2023, Trafigura's emissions were approximately 1743931000 kg CO2e for Scope 1, 567800000 kg CO2e for Scope 2 (market-based), and 286540925000 kg CO2e for Scope 3. This indicates a slight increase in Scope 3 emissions year-on-year, highlighting the ongoing challenges in managing indirect emissions. Trafigura has set ambitious climate commitments, aiming to reduce Scope 1 and Scope 2 emissions to near zero by 2025. Additionally, the company plans to convert six of its owned vessels to zero-emissions fuels by 2030, contingent on technological advancements. Furthermore, Trafigura has established a target for a 30% reduction in overall emissions for Scopes 1 and 2 by 2023, compared to 2020 levels. The company is also committed to achieving operational carbon neutrality by 2050 for both Scope 1 and Scope 2 emissions. These initiatives reflect Trafigura's recognition of the need for substantial action in the face of climate change, particularly as a current subsidiary of Trafigura Group Pte. Ltd., which influences its sustainability strategies and reporting.
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| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | 1,722,827,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 1,691,164,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | 00,000,000,000 | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 |
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.
Trafigura is not participating in any 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.
