Trafigura Group Pte Ltd — Ethics Grade F

Trafigura Group Pte Ltd receives an overall ethics grade of F (12/100) on CancelCo's corporate accountability database. Sector: Mining & Metals. Market cap: Large Cap.

Category scores

• labor: 30
• privacy: 50
• consumer: 40
• environment: 5
• humanRights: 10

Documented incidents (3)

• Probo Koala Toxic Waste Dumping (high, 2006) — Trafigura chartered a ship to dump 500 tonnes of toxic waste in Abidjan, Ivory Coast, leading to over 100,000 people seeking medical treatment and 15 reported deaths. The company paid a $198 million settlement to the Ivorian government without admitting liability.
• Operation Car Wash Bribery (high, 2020) — Brazilian prosecutors filed a lawsuit against Trafigura executives for paying bribes to Petrobras officials to secure fuel oil contracts. The scheme allegedly involved millions in illicit payments funneled through offshore accounts.
• CFTC Market Manipulation Fine (medium, 2024) — The CFTC ordered Trafigura to pay $55 million for manipulative conduct involving U.S. oil benchmarks and for impeding whistleblowers through restrictive non-disclosure agreements. This was the first time the CFTC charged a firm for blocking whistleblower communications.

Documented good deeds

• H2 Energy Europe Investment — Trafigura committed to developing a 1GW green hydrogen production facility in Denmark to support the decarbonization of heavy industry.

Ethical alternatives

• Boliden AB — Focuses on high recycling rates and low-carbon smelting processes compared to traditional commodity traders.