Environmental Commodities

 

Targray’s Environmental Commodities business engages in the trading and supply of carbon credits, carbon offsets and renewable energy certificates (RECs) for compliance and voluntary carbon markets around the world.

We trade a variety of environmental products & services – including spot trading, forwards, futures, transaction structuring and hedging strategies for compliance and voluntary markets. We also provide tailored emissions reduction solutions for both large and small emitters in several industries.

Gold Standard
Verra Registry

About Emissions Trading

Carbon Trading Products & Solutions

Carbon Trading

Carbon Trading is a market-based approach to slowing global warming referring to the process of buying and selling permits and credits. Supply and demand set the commodity price on a carbon credit, carbon offset, or renewable energy certificate in various carbon markets worldwide.

Carbon Markets

Carbon Markets

Regulated carbon programs are based on government regulations & policies, and are designed to compel companies to meet annual obligations. Voluntary programs act in a similar way, but function outside of government oversight. We provide solutions for both compliance and voluntary carbon markets (VCMs).

Carbon Credits & Offsets

Carbon Credits & Offsets

A carbon credit is any tradable certificate or permit representing the right to emit a set amount of greenhouse gases. A credit is equal to 1 tonne of carbon dioxide or equivalent gases. Companies may sell these credits (also called ‘carbon offsets’) to businesses or consumers interested in lowering their footprint voluntarily. 

Trusted Programs for Carbon Market Participants

Our Environmental Commodities team offers customers the opportunity to trade in the European Union Emissions Trading System (EU-ETS), the Verified Carbon Standard (VCS) and various voluntary offset programs across North America, Europe and Asia.

Combining our commitment to managing our own carbon footprint and our experience as a supplier of renewable fuels, energy storage solutions and carbon credits, we are well positioned to help design and implement effective carbon compliance strategies for our clients.

What is Carbon Trading?

Carbon trading is a market-based system aimed at reducing GHG emissions that contribute to global warming. It allows companies to buy and sell carbon credits as needed to meet emissions requirements.

Carbon credits are authorized by governments with the goal of gradually reducing overall carbon emissions and mitigating climate change.

What is a Carbon Offset?

Carbon offsetting is the purchase of carbon credits, generally in an amount equivalent to the carbon emissions that a lifestyle or business has created. Purchasing carbon credits or carbon offsets is a way to be accountable for a climate impact and to take climate action beyond one’s own area of influence.

How is a Carbon Footprint Calculated ?

There are a number of carbon footprint calculators that can help individuals and companies measure and understand the impact of their activities. One such example is Nature Conservancy’s Carbon Calculator. In addition, many governments have environmental departments that provide tools and calculators to help you calculate your emissions or you can use a carbon consultant or retailer.

Also, many governments have environmental departments that provide tools and calculators to help you calculate your emissions or you can use a carbon consultant or retailer. You can find a list of reputable carbon retailers on the International Carbon Reduction and Offset Alliance website, in this link: https://www.icroa.org/organisations

What are Sustainable Development Goals (SDGs) ?

The Sustainable Development Goals (SDGs) are a blueprint to achieve a better and more sustainable future for all. The goals were adopted by UN Member States in 2015, as part of the 2030 Agenda for Sustainable Development which set out a 15-year plan to achieve the goals. SDGs address the global challenges we face, including poverty, inequality, climate change, environmental degradation, peace and justice.

About our Environmental Commodity Solutions

Drawing on our extensive experience in sustainable industries like renewable fuels and energy storage, we are focused on supporting the development of Carbon markets worldwide and ensuring that their growth is responsibly managed in pursuit of net-zero goals.

Operating jointly out of Targray’s North America and Europe trading desks, our Environmental Commodities team works together with partners to implement effective carbon compliance strategies that minimize exposure to risk. The team also manages our carbon trading activities on various registries including Verra and Gold Standard. Get in touch with our experts to become a trading partner, or to learn more about our tailor-made emissions reduction solutions for enterprises.

Partner Associations

The Gold Standard (GS)

The Gold Standard (GS) is a voluntary carbon offset program focused on progressing the United Nation’s Sustainable Development Goals and ensuring that project’s benefit their communities. It can be applied to voluntary offset and Clean Development Mechanism (CDM) projects.

The GS CDM was launched in 2003 after a two-year consultation with stakeholders, governments, non-governmental organizations, and private sector specialists from over 40 countries. The GS for voluntary offset projects was launched in 2006. The GS project registry – containing all projects implemented through the standard was launched in 2018.

The Verra Registry

Verra is a global leader helping tackle the world’s environmental and social challenges by developing and managing standards that help the private sector, countries, and civil society achieve ambitious sustainable development and climate action goals.

The standards and programs Verra develops and manages are globally applicable and advance action across a wide range of sectors and activities. All of programs undergo extensive stakeholder consultation and expert review, and draw from four key components: standard,  independent assessment, accounting methodologies, and registry.

Xpansiv CBL

CBL is a global exchange platform for transacting energy and environmental commodity products such as carbon, renewable energy, water, and natural gas. The  platform is used by Targray’s Carbon trading team to trade products including carbon credits in markets around the world.

Xpansiv is the global market infrastructure for registering, managing, trading, settling, retiring, analyzing, and reporting an infinite array of data-driven environmental commodities. Formed in 2019 through the merger of CBL and Xpansiv, the company has over 300 employees.

 

Latest News

Targray Launches Environmental Commodities Trading Desk

Targray, a leading global provider of sustainable commodities and supply chain solutions, has announced the launch of its international Environmental Commodities trading desk. Operating jointly out of the company’s North American and European business centers, the new...

Targray Unveils New Solar Roof at Global HQ

Montreal, Canada – Targray has outfitted the rooftop of its corporate headquarters with a cutting-edge 242-module photovoltaic (PV) system. Located in the West Island of Montreal, the new installation is expected to produce 130,000 kWh annually. The 107-kilowatt...

Feedstock Traders Converge at AFOA Annual Meeting

Montreal, Canada – Targray Feedstock traders are set to attend the 2022 AFOA Annual Meeting from October 12-13, 2022, alongside hundreds of industry leaders from across the animal fats & oils sector. Hosted by the American Oils and Fats Association (AFOA), this...

Grain Trade Australia and Targray Join Forces

Montreal, Canada – Targray has announced its membership with Grain Trade Australia (GTA), a leading grains advocacy organisation which established, developed, and standardized commodity trading rules and contracts across the Australian grains and pulses industry since...

Targray Attends Pulse and Special Crops Convention

Montreal, Canada – Targray is attending the annual Pulse and Special Crops Convention (PSCC) hosted by the Canadian Special Crops Association (CSCA), a non-profit alliance of over 100 processors, exporters and service providers engaged in the production and trade of...

Felismina De Oliveira Named COO of Targray

Montreal, Canada – Targray has announced Felismina (Mina) De Oliveira as its Chief Operating Officer (COO) and the latest member of its Senior Management Team. As COO, Mina will be responsible for Targray’s 24/7 intermodal shipping operations and supply chain...

Targray Joins International Cotton Association

Montreal, Canada – Targray is pleased to announce its membership with the International Cotton Association (ICA), the world’s leading global cotton association with the aim of promoting safe trading. The company is proud to collaborate with the ICA which puts forth...

Targray Joins Agri-food Supercluster Protein Industries Canada

Montreal, Canada – Targray is proud to join Protein Industries Canada (PIC), an industry-led not-for-profit organization and one of Canada’s five innovation Superclusters, with the shared goal of strengthening Canada’s agri-food sector and economy and helping the...

Targray Launches Environmental Commodities Trading Desk

Targray, a leading global provider of sustainable commodities and supply chain solutions, has announced the launch of its international Environmental Commodities trading desk. Operating jointly out of the company’s North American and European business centers, the new...

Targray Unveils New Solar Roof at Global HQ

Montreal, Canada – Targray has outfitted the rooftop of its corporate headquarters with a cutting-edge 242-module photovoltaic (PV) system. Located in the West Island of Montreal, the new installation is expected to produce 130,000 kWh annually. The 107-kilowatt...

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