Singapore Hedge Fund to Offset Carbon From Commodity Shipments
- Tradeflow Capital Management to purchase carbon offsets
- Fund plans to expand to life-cycle emissions for commodities
Container ships and bulk carriers offshore from the Port of Singapore.
Photographer: Lauryn Ishak/BloombergThis article is for subscribers only.
A Singapore hedge fund that specializes in slow and steady returns from financing commodity trades will begin offsetting carbon emissions from its shipments.
Tradeflow Capital Management Pte will purchase carbon offsets through partners such as Carbonfund.org Foundation and AirCarbon Exchange, the company said in a press release. It’s starting by tackling shipping emissions, with plans to expand to potentially cover millions of tons of commodity life-cycle emissions.