Home News Sustainability

Singapore hedge fund to begin offsetting carbon emissions from its shipments

Bloomberg
Bloomberg12/8/2020 03:37 PM GMT+08  • 2 min read
Singapore hedge fund to begin offsetting carbon emissions from its shipments
Its move underscores the pressure money managers are under to meet sustainability goals increasingly demanded by investors.
Font Resizer
Share to WhatsappShare to FacebookShare to LinkedInMore Share
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

A Singapore hedge fund that specializes in slow and steady returns from financing commodity trades will begin offsetting carbon emissions from its shipments.

Tradeflow Capital Management Pte will purchase carbon offsets through partners such as Carbonfund.org Foundation and AirCarbon Exchange, the company said in a press release. It’s starting by tackling shipping emissions, with plans to expand to potentially cover millions of tons of commodity life-cycle emissions.

While the fund is relatively small in the world of global commodities trade, its move underscores the pressure money managers are under to meet sustainability goals increasingly demanded by investors.

×
Loading next article...
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
Subscribe to The Edge Singapore
Get credible investing ideas from our in-depth stock analysis, interviews with key executives, corporate movements coverage and their impact on the market.
© 2022 The Edge Publishing Pte Ltd. All rights reserved.