Mercuria CSR Report 2024 - Flipbook - Page 19
PLANET 2024
HISTORICAL PERCENTAGE OF TRADED VOLUMES OVER TIME
Oil
Gas
Power
CO2
Other
100%
90%
80%
70%
60%
50%
40%
30%
20%
10%
0%
OIL VS. NON-OIL RATIO OVER TIME
Oil
Non-oil
100%
90%
80%
70%
60%
50%
40%
30%
20%
10%
0%
CO2 INTENSITY OF COMMODITIES TRADED
We do not only manage the percentages of products in our
trading portfolio, but also focus on the carbon footprint of
these products. The figure presented below illustrates the
carbon intensity of the energy commodities we trade,
measured in grams of carbon dioxide equivalent (g CO2e)
per megajoule (MJ) of energy. This evaluation covers our
portfolio of traded energy products, which consist of oil, gas,
power, and coal, as well as associated products like carbon
certificates. Please note that our trading activities in metals
are not included in this analysis. The metals business started
growing in the second half of 2024, and we will be including
its intensity in next year’s report. The trend depicted in the
figure is downward, indicating a shift away from traditional
fuels towards alternatives with lower carbon intensity. This
includes an increased emphasis on trading in gas, power,
carbon certificates and other clean energy products,
aligning with our commitment to reducing carbon intensity
in our energy portfolio.
Mercuria Corporate Social Responsibility Report 2024 | 19
