The Straits Trading Company Limited
The Straits Trading Company Limited, often referred to as Straits Trading, is a prominent player in the investment and resource sectors, headquartered in Singapore (SG). Established in 1887, the company has evolved significantly, marking key milestones in its journey, including diversification into various industries such as property, hospitality, and resources. With a strong presence in Asia and beyond, Straits Trading focuses on core areas like tin mining, property development, and investment management. Its unique approach combines traditional practices with modern strategies, ensuring sustainable growth and innovation. Recognised for its market leadership, the company has achieved notable accolades, solidifying its reputation as a trusted name in the industry.
DitchCarbon Score
How does The Straits Trading Company Limited'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 Other Non-Ferrous Metal Products 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
The Straits Trading Company Limited's score of 21 is higher than 55% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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The Straits Trading Company Limited's reported carbon emissions
In 2024, The Straits Trading Company Limited reported total carbon emissions of approximately 94,484,000 kg CO2e. This figure includes Scope 1 emissions of about 1,151,000 kg CO2e, Scope 2 emissions of approximately 7,768,000 kg CO2e, and significant Scope 3 emissions totalling around 85,565,000 kg CO2e. Within Scope 3, the largest contributors were investments (about 70,871,000 kg CO2e) and downstream leased assets (approximately 11,521,000 kg CO2e). In 2023, the company’s total emissions were reported at about 7,640,000 kg CO2e, with Scope 1 emissions at approximately 1,038,000 kg CO2e and Scope 2 emissions around 6,003,000 kg CO2e. Scope 3 emissions for that year were significantly lower, at about 599,000 kg CO2e. Despite these figures, The Straits Trading Company Limited has not set specific reduction targets or climate pledges, nor do they have any initiatives reported under the Science Based Targets initiative (SBTi). The emissions data is cascaded from the parent company, indicating a corporate family relationship, but specific details on reduction initiatives or commitments are not available. Overall, the company’s emissions profile highlights a substantial reliance on Scope 3 emissions, particularly from investments, which may warrant further scrutiny and action in future sustainability strategies.
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| 2023 | 2024 | |
|---|---|---|
| Scope 1 | 1,038,000 | 0,000,000 |
| Scope 2 | 6,003,000 | 0,000,000 |
| Scope 3 | 599,000 | 00,000,000 |
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.
The Straits Trading Company Limited 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.
