Annual report 2024



Focusing on climate resilience

Founded in 2007 by the Trafigura Group as a charity under Swiss law, the Trafigura Foundation is the only corporate philanthropy solely dedicated to climate adaptation, enabling communities to prepare for and cope with the effects of climate change.

Our goal is bold: to contribute to mobilising USD 1 billion in investments to help bridge the adaptation finance gap and benefit millions of people. Through collaboration, innovation and action, we aim to help communities in low- and middle-income countries not only to survive climate change, but to thrive in spite of it.

Forewords

Andrew Vickerman

I am pleased to introduce the 2024 annual report of the Trafigura Foundation, highlighting our continued commitment to driving meaningful change amid today’s challenges.

Dario Soto Abril

This year’s report marks a new phase in Trafigura Foundation’s journey, coinciding with a crucial decade for the planet.

Key Figures 2024

USD 15
million

Annual budget

USD 10
million

Additional capital directly mobilised for climate adaptation

USD 105 million

Invested in philanthropic partnerships since the inception of the Foundation in 2007

60,000

People reached with resilience solutions

41

National, regional and global initiatives supported

22

Non-profit partners

4

Coalitions

31

Countries across Africa, Asia and Latin America

Top 10%

Our Foundation’s ranking in terms of impact

(Source: independent grantee perception survey conducted by the Center for Effective Philanthropy, using feedback from 350+ funders.)

11

Charity Committees, made up of Trafigura employees’ volunteering groups

45

Staff-led charitable initiatives across Trafigura offices globally

USD 1.4 million

Disbursed to support local charities selected by Trafigura staff