Ahead of a busy series of energy and commodities events coming up from Commodities People in the coming weeks, we caught the webinar series Oil Trading Online from 7-8 September. The sessions included many broad topics including risk management, digitalisation, and the energy transition. We summarise some of our key takeaways from this event below.…
Most organisations are by now aware of carbon emissions and carbon footprints, even if they do not currently monitor their own. Carbon emissions are divided into 3 categories: Scope 1 – the emissions that a company makes directly, for example from their delivery vehicles. Scope 2 – indirect emissions created on the company’s behalf when…
Innovation has always been a critical skill for trading organisations looking to create value from changing market situations. And innovation is just as important in the systems and services supporting commodity traders. Innovation in CTRM has led to many benefits for trading companies over the years, from the evolution of commodity management technology that allows…
In one of the most tumultuous years for energy, join us and other industry peers to explore the themes and challenges facing energy markets. Energy Trading Week returns to London from 28-29 September in the historic County Hall. As usual, the event promises a packed agenda across 8 different conferences, with over 120 expert speakers…
Supply chain traceability allows organisations to trace products or their constituent parts back along the value chain, with the goal of complete visibility to the farm, mine or original production site. It is important for sustainability initiatives, which we are focusing on today, but also for identifying and mitigating issues at different stages of supply…
With all the paperwork involved in sourcing, storing, and shipping commodities around the globe, commodity management often involves a high degree of document management. But this staple of real-world commodity operations introduces many points of weakness for operational risk management. One of the major benefits of commodity management technology is that it can reduce the…
There were many interesting and thought-provoking sessions at the recent Commodity Trading Week, but one that particularly caught our attention focussed on interoperability in commodity software. As commodity management providers who have always advocated for end-to-end commodity management through technology ecosystems, we were pleased to see that software interoperability is back on the agenda, but…
Interest in solutions to the climate crisis, such as purchasing carbon credits and participating in carbon markets, continues to grow rapidly, as shown by the popularity of the recent new webinar series ESG and the Path to Net Zero. The series featured informative discussions on several aspects of the energy transition and carbon markets, including…
What is a corresponding adjustment? A ‘corresponding adjustment’ is a tool that countries use to ensure carbon offsets are not double-counted when they are transferred or sold internationally. When carbon credits are transferred across borders to be used as a carbon offset, the country where the credit was produced gives up its right to use…
Carbon markets and ESG investing have been in the news for some time now, and global interest in them has only been rising. Over 130 countries have carbon reduction targets of some kind, with new border taxes, reporting schemes and compliance markets being announced regularly. As carbon markets are new ground for many of us,…
