Environment and climate
Our commitments
We seek to prevent or mitigate pollution and biodiversity loss, reduce greenhouse gas emissions, use resources efficiently, and minimise and appropriately handle waste.
Trafigura's climate strategy
Our climate strategy focuses on reducing greenhouse gas emissions associated with the supply of energy and commodities - at our own operations and working with counterparts to decarbonise supply chains; developing renewable and low-carbon energy and carbon solutions; and managing climate-related risks.
We are committed to reducing emissions from our operations with a target to reduce operational emissions by over 50% by 2032.
Scope 1 and 2 emissions
Our goal is to significantly reduce our operational greenhouse gas emissions (Scope 1 and Scope 2), with the aim of cutting emissions by over 50% by 2032 compared to FY2020. We plan to achieve this by taking several actions, including closing or converting carbon-intensive assets, purchasing renewable electricity, implementing energy-efficient measures at our operations, and incorporating low-carbon vessels into our shipping fleet.
Scope 3 emissions
Scope 3 emissions refer to indirect greenhouse gas (GHG) emissions that occur as a result of our business activities but are outside of our direct control. These emissions are associated with the entire value chain including the extraction, production, processing and transportation of the products we purchase and supply to customers.
Reducing emissions
Reducing environmental impact
You may also be interested in
Explore our publications and get the latest news and insights.
The creation of a global carbon market: A taxonomy of carbon pricing under Article 6
by Hannah Hauman
Global Head of Carbon Trading
Charting a course to a greener future for shipping: Low-emission shipping fuels and the development opportunity for the Global South
