Mercuria CSR report 2023 - Flipbook - Page 18
PLANET 2023
HISTORICAL PERCENTAGEOilOF TRADED
VOLUMES
BY PRODUCT
TYPEOther
Gas
Power
CO2
120.0%
Oil
Gas
Power
CO2
Other
120.0%
100.0%
100.0%
80.0%
80.0%
60.0%
60.0%
40.0%
40.0%
20.0%
20
20
20
21
20
22
20
23
20
20
20
21
20
22
20
23
20
20
20
21
20
22
20
23
20
19
20
19
20
19
20
18
20
18
20
18
20
17
20
14
20
14
20
17
20
13
20
13
20
16
20
12
20
12
20
16
20
11
20
11
20
15
20
10
20
10
0.0%
20
15
20
08
20
09
20
08
20
09
20.0%
0.0%
OIL VS. NON-OIL RATIO
Oil
Non-oil
100%
80%
60%
40%
20%
Over time, we’ve strategically diversified our
portfolio through both organic growth and
acquisitions, intentionally moving from a heavy
reliance on oil to embracing lower carbon
alternatives. Our business, once predominantly
oil-based, has evolved significantly. We now
emphasize gas and power trading, a shift
clearly illustrated in the historical data figure on
our traded volumes by product type. The
declining oil versus non-oil ratio in our trades
highlights a consistent trend towards reducing
20
17
20
16
20
15
20
14
20
13
20
12
20
11
9
20
10
20
0
20
0
8
0%
the proportion of oil products in our total trade
volume.The
transition
towards
more
sustainable energy sources is crucial for the
future of our energy infrastructure. We firmly
believe in the ongoing importance of gas within
this mix, given its role as a more
environmentally friendly option compared to
traditional high-carbon fuels and its reliability in
supporting the integration of renewable energy
sources.
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