Going carbon neutral

Simpson Spence Young (SSY) has launched a new carbon desk and offsetting service, part of a wider strategy which starts with a commitment from SSY to make their global offices carbon neutral.

To help clients achieve their own decarbonisation strategies, SSY will offer a fully-rounded service in both compliance and voluntary offsets, as well as futures and options coverage. SSY will engage with a range of businesses that can supply high quality portfolios to meet their clients’ varying needs.

Duncan Dunn, senior director at SSY Futures, commented: “The new carbon desk will be supported by our in-house research team, as well as data from our partnerships with Signal Ocean and Marine Benchmark. These underpin SSY’s ability to accurately estimate a vessel’s future emissions or provide a complete audit of its actual emissions.”

SSY will showcase this expertise through an online client portal, due to be launched next month, where shipping market professionals can get an overview of the carbon markets, along with up-to-date information on global and European carbon emissions.

This platform will also be linked to the EEX Carbon in Shipping index which is due to be launched next month.

SSY is also working towards their own carbon neutrality, by reducing their emissions and collaborating with leading carbon offset provider Respira International. SSY will also work with Respira and a range of other providers to identify high quality offset projects for their clients.