Targray

Targray is proud to present our 2023 Sustainability Performance Data🌎, a supplement to our inaugural Sustainability Report published last year. In 2023, we achieved a 25% year-over-year reduction in overall GHG emissions. This decline was primarily attributable to our divestment from fossil-fuel trading activities. We take great pride in the achievements outlined in our 2023 Sustainability Performance Data, which not only highlights the strides we have made in reducing our emissions but also exemplifies our dedication to leading by example in the quest for a more sustainable future. Read our full report at the following link: https://lnkd.in/dHY4zfq7

With nearly 25 years of experience in various risk management roles across the energy trading industry, federica strumia-michelini has demonstrated expertise in establishing and leading risk management efforts on a global scale. Federica’s experience in renewable energy commodity markets underscores her commitment to driving innovation and sustainability within the evolving energy trading landscape. We are excited to welcome her to our organization in the role of Senior Director, Risk Management.

Targray is proud to support Google Cloud Community Day 2024, where cloud professionals, software developers, tech enthusiasts, and Cloud innovators will gather in a collaborative and inclusive environment to share knowledge and drive technological advancements, hosted by GDG Cloud New Delhi.   🚀 Innovation and sustainability are core to our mission of delivering solutions that support a more efficient, sustainable future.   To learn more about the GDG program, check out: https://lnkd.in/gd3hQ9Pb To browse Targray’s current career opportunities, visit: https://lnkd.in/gd2_rCT   #GCCD24 #GCCD #Targray #Partnership

British Columbia’s Output-Based Pricing System (OBPS) was implemented earlier this year to balance the province’s need for GHG reductions with its need to maintain economic competitiveness - but for businesses, it’s not just a compliance requirement, it's a strategic opportunity to optimize operations, reduce carbon costs, and even generate revenue through credit trading. BC OBPS quick facts: • Implemented in April 2024 • Applies to large industrial emitters that emit over 10,000 tons of carbon dioxide equivalent (tCO2e) per year in high-emitting sectors such as mining, oil and gas, and manufacturing. • Facilities under the OBPS are assigned an annual operation-specific emissions limit, which becomes more stringent over time. • If a facility’s emissions are below its limit, it earns credits that can be traded or saved for future use. • If emissions exceed the limit, the facility must purchase credits, offset units, or pay a compliance charge. • Industrial companies within a regulated sector emitting less than 10,000 tCO2e per year may apply to opt-in voluntarily. To fully capitalize on the OBPS, it's crucial to develop a robust strategy early in the year, forecasting emissions and planning your market activities. As we make our way through the year, we help to adjust strategies based on real-time emissions data and market conditions to ensure your company minimizes carbon costs and maximizes the value of any earned credits, while ensuring that your emissions management aligns with both environmental goals and financial performance. 🔗 Learn more and request a consultation by visiting https://lnkd.in/e5wFx66g

As a leader in sustainable commodities, we recognize we have an important role to play in the transition to a low-carbon future. We supply our customers with renewable energy products that meet their needs while supporting their transition to low- and zero-carbon energy sources. Our strategy is focused on 3 key pillars: decarbonizing our business, providing low-carbon commodity solutions, and partnering for a just transition. 🌎 Learn more about our climate change and sustainability strategy by visiting https://lnkd.in/euvi8Ztu

Targray Environmental Commodities 🌎 is proud to offer Green-e® Energy certified renewable energy certificates (RECs), designed to help organizations achieve environmental compliance and fulfill their ambitious ESG mandates. Acquiring and budgeting for RECs can create challenges and delays for firms that do not specialize in renewable energy credits. With our integrated environmental products & solutions, companies can minimize the administrative costs and complexities related to REC procurement and streamline their renewable energy efforts to create better business outcomes and a smaller carbon footprint. Targray worked with the Center for Resource Solutions to earn its Green-e Energy® certification – the industry standard for renewable energy verification. The certification ensures that the renewable energy is generated from new facilities, marketed accurately, and delivered to the buyer, who maintains sole title. Learn more: https://lnkd.in/dDt4Y_gU #RECS #Carboncredits #Renewables #Sustainability #GreenE

Peers and pioneers from the battery recycling sector will be convening in Montreal next week for the NAATBatt Lithium Battery Recycling Workshop, and Targray Battery’s Karen Richardson and Diego Montanaro eagerly anticipate exploring the latest technologies being introduced into the supply chain and discussing pathways to overcome upcoming industry challenges with fellow delegates. Located just a short distance from Targray’s recently expanded World Headquarters, we invite you to set up a meeting to explore opportunities for collaboration, either on-site at the workshop or by visiting our office during your stay. Learn more about our recycling solutions that link cell manufacturers with efficient strategies for managing waste streams and off-spec materials, and supply of critical raw materials for P/CAM producers that encourage a circular shift from conventional mined materials to recycled battery-grade materials. Schedule a meeting by visiting: https://lnkd.in/ewCZQjDX #BatteryRecycling #BatteryMaterials

We are excited to announce our partnership with emissions management company zero44 on a new trading program designed to enable users to seamlessly acquire EUAs. By linking all relevant data sources within zero44’s EU ETS platform, customers can maintain a comprehensive overview of their fleet’s EU ETS obligations and conveniently procure the EUAs they require through trading partners directly via the zero44 software. “We are pleased to be partnering with zero44 to provide comprehensive decarbonization solutions for the maritime shipping sector. This collaboration aligns with our mission to support sustainable practices and help our clients navigate the complexities of the EU Emissions Trading System.” said Targray Environmental Commodities head trader Jelle Jongbloed. “Combining our expertise with zero44’s technology will allow us to efficiently deliver our innovative compliance solutions, ensuring our clients can effectively reduce their carbon footprint and meet regulatory requirements.” 🔗 https://lnkd.in/eR6vWab8 #MaritimeShipping #EmissionsReduction #EmissionsManagement

Canada’s Output-Based Pricing System (OBPS) is designed to reduce greenhouse gas emissions while minimizing economic impacts and competitiveness issues for key industries. It sets emissions intensity benchmarks for large industrial facilities, requiring them to pay for emissions that exceed these benchmarks while earning credits for emissions below the benchmarks. While the OBPS applies to industrial facilities emitting 50,000 tonnes of CO2 equivalent per year or more, facilities emitting between 10,000 and 50,000 tonnes can voluntarily opt into the system. Facilities emitting less than the benchmark earn surplus credits, which they can sell or bank for future use. Those emitting more than the benchmark must submit compliance units (credits or payments). It's important for facilities to incorporate the OBPS into their strategic planning, considering how they can reduce emissions, optimize the use of credits, and manage potential costs associated with exceeding benchmarks. At Targray, we offer expert guidance and tailored solutions for businesses navigating the complexities of the OBPS by helping participants maximize OBPS credit potential and ensure seamless adherence to regulatory standards. Learn more and request a consultation by visiting https://lnkd.in/e5wFx66g

More than just a standard, ethical behavior is a fundamental value that guides our actions and decisions around sustainability. Our cross-functional Sustainability Committee is comprised of leaders from several jurisdictions, selected based on their diverse expertise and commitment to sustainable leadership. Learn more about our governance structure and sustainability strategy by visiting https://lnkd.in/ejkBUrvP