Trafigura and Circulor have signed a Master Services Agreement to provide traceability and CO2 tracking for Trafigura’s nickel and cobalt trading division.
Trafigura and Circulor will develop a programme to track and attribute CO2 emissions throughout Trafigura’s nickel and cobalt supply chains.
Separately, Trafigura and Circulor are working together to support Trafigura’s responsible sourcing and traceability programme.
The objective for both projects is to integrate and communicate responsible sourcing due diligence and CO2 tracking data into their respective value chains.
Jeremy Weir, Trafigura’s Executive Chairman and CEO, stated:
As a key supplier of the vital commodities our customers need, Trafigura has invested significantly in developing tools to identify and mitigate social and human rights risks and environmental impacts
Furthermore, Douglas Johnson-Poensgen, Founder and CEO of Circulor, added that:
There are very real benefits to this work, including assurance of responsible supply, understanding and clarity of CO2 emissions at different points in supply chains, and the provision of ESG data
