Commodities and Global Markets
We believe in a managed, orderly and just transition, which means supporting carbon-intensive industries and companies to decarbonise, while protecting the vital services that our communities rely on.
As our clients’ needs evolve, we adapt by drawing on our long-standing energy and commodities expertise to better align and expand our capabilities, ensuring we continue to provide the right support.
The scale and breadth of the energy transition is driving the delivery of holistic solutions across all our activities, markets, and client sectors, which we are supporting through our four major capabilities:
Our full range of activities are captured under seven broad verticals.
We are active across a range of environmental products and trade in compliance and voluntary carbon markets globally. Our risk management services include fixed price hedging, procurement and offtake along with inventory monetisation and working capital financing solutions. To support our clients’ long-term carbon requirements we also originate, design, structure and execute carbon offsetting solutions and are involved in nature-based solutions (NBS) and carbon capture, utilisation and sequestration (CCUS) projects.
Across the renewable power space, we provide innovative asset finance, risk management and capital solutions, including:
We provide physical, financial, risk management and logistics services across a broad range of clean fuels. This includes renewable natural gas/biomethane, renewable diesel, sustainable aviation fuels, ethanol, methanol and climate differentiated fuels, such as Responsibly Sourced Gas (RSG).
Our activities span across the clean fuels value chain; from feedstocks to refining and distribution where we provide a range of services from finance, fuels related infrastructure, trading and pricing in various attribute markets.
Working with leading natural gas producers and distributors in Canada, we facilitated one of the world’s first RSG certified purchase and sale transactions using a digital registry that encodes key ESG metrics.
In the sustainable transport sector, we provide capital and financing solutions across zero emission vehicles and transportation, electric vehicle (EV) charging stations and sustainable shipping initiatives.
Our capabilities range from structured asset financing, leasing and mobility-as-a-service, to equity investments in sustainable transport projects and companies.
For the metal value chains critical to the production and distribution of zero and low carbon energy, we provide capital and financing solutions, combined with physical, financial and risk services.
We are active across a variety of upstream, midstream and downstream metals sectors and support end-of-life metals recycling and recovery.
To support circular value chains, such as recycling waste streams and recovering valuable commodities, we provide capital, financing and risk management solutions. This includes:
We provide capital, commercial structuring expertise, and innovative financing solutions to help our clients align all aspects of their business to their sustainability and net zero goals.
Focusing on projects that span across the full energy-transition spectrum, our capabilities include equity investing, structured asset financing, working capital solutions, leasing, letters of credit and derivative and other risk management products that support the achievement of key sustainability commitments. These may incorporate solutions to leverage various incentives and concessional capital offered by governments around the world, such as in the Inflation Reduction Act (IRA) passed by the US federal government in 2022.