ESG Report 2025

Vitol has published its sixth ESG Report. It provides an update on our environmental, social and governance performance across our investments and trading activities.

Throughout 2025, we continued to embed our ESG principles into new business activities, strengthen our management systems and hold ourselves accountable against the targets we have set. This report marks another step in keeping our stakeholders informed of our progress.

Highlights from the report show that we have:

• Invested over $3.3bn in sustainable initiatives since 2018, spanning solar (~50%), wind (~25%) and other sustainable solutions (~25%)
• Maintained our controlled fleet’s carbon intensity below the IMO’s 2030 target of -40%, achieving -40.9% in 2025, first achieved in 2024 when we met this target six years early, and received third-party verification on our scope 1 and 3 shipping emissions for the first time
• Made meaningful progress towards our medium-term 2030 targets, with improvements across key safety and environmental metrics, underpinned by stronger management systems and closer engagement with portfolio companies
• Improved our Total Recordable Injury Rate (TRIR) to 1.80 (a 6% reduction from 2024), and our Lost Time Injury Frequency (LTIF) to 1.00 (a 7% reduction from 2024), with both metrics on track against 2030 targets
• Achieved a 36% year-on-year reduction in our Process Safety Event Rate (PSER), reflecting stronger partner engagement and more robust process safety management across the portfolio
• Delivered five human rights reviews across shipping, power generation and downstream assets, meeting our 2025 target in full
• Maintained our share of physically delivered transitional energy products (natural gas, LNG, LPG, power and biofuels) at 34% of all energy delivered, while growing our total energy deliveries to 605 million tonnes of oil equivalent
• Launched our Refinery and Terminal Operations Management Systems, establishing clear, consistent ESG and operational standards across refineries and terminals in which Vitol holds a stake
• Enhanced due diligence and supply chain processes, including a standardised global approach to logistics and digitalised monitoring
• Invested $45 million through the Vitol Foundation in 2025, reaching around one million individuals, bringing total investment to ~$400m since inception in 2006, with a sharpened strategy focused on early childhood education, adolescent health, water and sanitation, and community-led humanitarian action.

You can read and download the report here.