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 57 is higher than 99% 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 329,722,477,000 kg CO2e, with significant contributions from Scope 1, Scope 2, and Scope 3 emissions. Specifically, Scope 1 emissions were about 1,839,445,000 kg CO2e, while Scope 2 emissions totalled approximately 527,886,000 kg CO2e (market-based). The majority of emissions stemmed from Scope 3, which accounted for about 324,722,477,000 kg CO2e, highlighting the extensive impact of their supply chain and product use. Trafigura has set ambitious climate commitments, aiming for a near-zero reduction in Scope 1 and Scope 2 emissions by 2025. Additionally, the company has pledged to convert six of its owned vessels to zero-emissions fuels by 2030, contingent on technological availability. Looking further ahead, Trafigura is committed to achieving operational carbon neutrality by 2050 across both Scope 1 and Scope 2 emissions. In terms of recent performance, Trafigura aimed for a 30% reduction in overall emissions for Scopes 1 and 2 by 2023 compared to 2020 levels. This commitment reflects the company's proactive approach to addressing climate change and reducing its carbon footprint in the global commodities sector.
Access structured emissions data, company-specific emission factors, and source documents
2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|---|
Scope 1 | 1,609,680,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
Scope 2 | 1,447,949,000 | 0,000,000,000 | 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 |
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.