Working Together to Reach Your Sustainability Goals
Contessa Commodities is a market-maker in green environmental commodities, providing flow, liquidity and market access to both liquid and illiquid commodities such as biofuels, energy efficiency certificates and carbon markets.
Various regions around the globe including Europe, North America and China have implemented “cap-and-trade” systems in order to reduce carbon emissions. The companies participating in these compliance systems have an obligation to reduce their carbon emissions. In addition to these compliance markets, companies also set voluntary reduction goals and targets. Corporate Social Responsibility (CSR) reporting is important for companies giving them an opportunity to communicate their environmental initiatives, showcase their achievements, and present themselves as socially responsible, including by reducing their carbon footprint. This can be achieved through the use of voluntary emissions offsets also known as (VERs) Verified Emission Reductions.
Contessa commodities provides access to a broad portfolio of carbon credits sourced from different countries and standards to allow you compensate for remaining and transitional emissions on your quest towards net zero.
Biofuels such as biodiesel, bioethanol, biomass are liquid or gaseous fuels used for transportation, heating and electricity generation. They can also be blended with fossil fuels such as gasoline and diesel and are commonly advocated as a cost-effective and environmentally benign alternative to petroleum and other fossil fuels, particularly within the context of rising petroleum prices and increased concern over the contributions made by fossil fuels to global warming. Biofuels serve as a renewable alternative to fossil fuels in the EU's transport sector, helping to reduce greenhouse gas emissions. By 2030, the EU aims to increase the share of renewable energy in transport to at least 14%, including a minimum share of 3.5% of advanced biofuels. EU countries are required to set out an obligation on fuel suppliers that ensures the achievement of this target.
With Biofuels playing an increasingly important role in developing a sustainable and low carbon economy in the future, Contessa Commodities is an intermediating counterparty in physical biofuels, feedstocks and blending obligation certificates.