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.
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.
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.
Trafigura's score of 48 is higher than 72% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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 increase in Scope 3 emissions compared to 2023, where they were approximately 286540925000 kg CO2e. The total emissions for Scope 1 and 2 combined reached about 2367000000 kg CO2e in 2024. Trafigura has set ambitious climate commitments, aiming to reduce its Scope 1 and Scope 2 emissions to near zero by 2025. Additionally, the company has pledged to convert six of its owned vessels to zero-emissions fuels by 2030, contingent on technological availability. 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 working towards operational carbon neutrality by 2050 for both Scope 1 and Scope 2 emissions. These commitments reflect Trafigura's recognition of the urgent need to address climate change and its intention to align with industry standards for sustainability. Trafigura's emissions data is cascaded from its parent company, Trafigura Group Pte. Ltd., indicating a structured approach to environmental accountability within its corporate family.
Access structured emissions data, company-specific emission factors, and source documents
2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|---|---|---|
Scope 1 | - | - | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
Scope 2 | - | - | - | 0,000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Scope 3 | 2,421,642,000 | 0,000 | 0,000 | - | 00,000,000,000 | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 |
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.