Mercuria CSR report 2022 - Flipbook - Page 17
CO2 INTENSITY OF COMMODITIES TRADED
A further measure we monitor is the carbon intensity of traded energy products. This is still
trending downwards as the company continues to evolve its activity away from traditional fuels
to lower carbon forms of energy including more gas, power, carbon certificates and other
cleaner energy products.
The pattern is not even year-on-year due to natural variance in trading patterns and energy
system changes across different markets between years. However, we have through our
deliberate evolution to supplying cleaner forms of energy, continued to make improvements in
the carbon intensity, which supports our and the global objective toward achieving Net zero
while concurrently supporting universal access to energy.
This metric is shown as intensity of energy commodities traded: emissions (g CO2e) per unit of
energy (MJ)). This comprises energy products (oil, gas, power, coal) and related energy products
(i.e. carbon certificates, which relate to energy consumption). Our metals trading is not
captured in this.
In addition, to diversifying the products we trade, we have invested significantly to support the
development of new low carbon energy. Read about some of the innovative companies we
have invested in, on our website at csr.mercuria.com/partner-profiles.
Weighted average carbon intensity of Mercuria traded energy products over time
Year
gCO2e/MJ weighted of Mercuria traded energy products
Trendline
17
Mercuria
CSR Report 2022
