Wind, Solar refers to the utilization of energy emitted from the sun, particularly in the form of light and heat, for various applications including electricity production, water heating, and space heating.... Read more, **Renewables** Renewables, short for renewable energy sources, refer to energy obtained from virtually inexhaustible natural processes. Unlike fossil fuels, such as coal, oil, and natural gas, renewables are not subject... Read more, nuclear
Gunvor has been actively involved in environmental markets since 2009, mainly through its participation in Clean Development Mechanism (The Kyoto Protocol is an international treaty that extends the 1992 United Nations Framework Convention on Climate Change (UNFCCC) and commits its parties to reduce greenhouse gas emissions, based on... Read more) projects under the supervision of the United Nations, as well as in the The European Emissions Trading Scheme (EU ETS) is a cornerstone of the European Union's policy to combat climate change and a key tool for reducing industrial greenhouse gas emissions in... Read more (EU ETS), which is considered a cornerstone of the EU’s policy to combat Description: Climate change refers to long-term shifts in weather patterns and average temperatures on a global scale. It is primarily caused by human activities, particularly the burning of fossil fuels... Read more and for reducing Greenhouse gas emissions refer to the release of gases into Earth's atmosphere that are capable of trapping heat, thereby contributing to the greenhouse effect. The primary greenhouse gases in Earth's... Read more.
As a part of its function, Gunvor’s Emission’s team manages and optimizes the CO2 exposure of the company’s three European refineries. The team draws on its deep understanding of environmental regulations to propose carbon **Hedging** In the context of energy commodities trading, hedging is a risk management strategy used to offset potential losses from price fluctuations in the market. It is akin to taking... Read more and pricing solutions to industrial counterparts.