risk management in carbon credits

Carbon offsetting isn’t a procurement challenge – it’s risk management

It is not news that many organisations are working to reduce their environmental impact, with an ever-growing interest in the purchase of carbon credits to offset organisations’ emissions of carbon dioxide and/or other greenhouse gases. Carbon credits are often viewed as part of the ESG agenda, particularly if they are not mandatory for the business’…

commodity management in cocoa trading

Complexity in cocoa trading systems

Cocoa is a deceptively complex commodity which means that CTRM systems for cocoa trading must include commodity-specific functionality that supports: Certifications by counterparty and lot Traceability when blending and processing lots Conversions between weights, packaging types and semi-finished products Pricing based on theoretical and actual nib yields Multiple exchanges in different currencies Comprehensive auditing Other…

traceability in commodity trading protects against greenwashing

Commodity traceability can help protect against greenwashing risks

Greenwashing is the act of misleading external stakeholders by providing false information about the company’s environmental impact. Commodity traders operate in complex supply chains, with many counterparties expecting products to meet their ESG sourcing policies, from maintaining human rights to environmental policies. Organisations are therefore increasingly investing in improving visibility of these supply chains to…