Trafigura Group — Ethics Grade F
Trafigura Group receives an overall ethics grade of F (15/100) on CancelCo's corporate accountability database. Sector: Energy. Market cap: Large Cap.
Category scores
- labor: 20
- privacy: 20
- consumer: 30
- environment: 5
- humanRights: 10
Documented incidents (3)
- Probo Koala Waste Dumping (high, 2006) — Toxic waste from a Trafigura-chartered vessel was dumped in Abidjan, Ivory Coast, leading to a massive health crisis affecting thousands of residents with breathing problems and burns.
- Petrobras Bribery Scandal (high, 2023) — Brazilian authorities and US investigators implicated Trafigura in a massive bribery scheme involving Petrobras officials to secure oil contracts at preferential rates.
- Child Labor in Supply Chain (high, 2021) — The company faced criticism for sourcing cobalt from mines in the DRC where child labor and dangerous artisanal mining conditions were documented as being widespread.
Documented good deeds
- Investment in Nala Renewables — Created a joint venture to invest in solar, wind, and battery storage projects to diversify away from fossil fuel trading.
Ethical alternatives
- Neste — A leader in renewable diesel and sustainable aviation fuel with top-tier ESG rankings.