Commodities trader Trafigura launches carbon trading desk
By Julia Payne
FILE PHOTO: Trafigura logo is pictured in the company entrance in Geneva
LONDON (Reuters) -Trafigura has begun launching a carbon trading desk led by Hannah Hauman, the global commodities trading firm said on Friday, as part of its push to gain a foothold in the global energy transition.
The Geneva-based firm set up a renewables and power division in 2019 to be a third core pillar alongside metals and oil trading. It also formed a joint venture called Nala Renewables to invest in green energy.
Hauman was most recently head of crude oil for Europe, the company said in a statement said. The new carbon team will be based in Geneva, Houston and Singapore.