Carbon markets are considered an effective mechanisms for mitigating climate change and facilitating the shift towards a net-zero economy by assigning a value to greenhouse gas emissions. Despite their critical role, there remains a limited understanding of the intricacies within compliance and voluntary carbon markets. Notably, the past year witnessed a surge in critiques and challenges from both media outlets and scientists, with particular emphasis on forest carbon offsets.

The event includes a key note from Sergio Ermotti, Group CEO and President of the Executive Board of UBS AG. It further contains an introduction to carbon markets by Prof. Dr. Eric Nowak and presentations from industry experts inlcuding Southpole and Gold Standard. It closes with a panel discussion examining voluntary carbon markets and the role of carbon markets in the transition. The exchange between industry experts, academics and stakeholders aims to foster a frank dialogue on the present state and the future trajectory of carbon markets.

Please find the detailed agenda at this link (PDF).

Are you ready to elevate your expertise in commodity trading?

We are pleased to announce the upcoming webinar presentation for the 2nd edition of the Certified Commodity Trading Specialist (CCTS) course, organized by LCTA and ALMA Impact AG!

The course leads to ISO-compliant certification issued by the Swiss Association for Quality (SAQ).

The government of Switzerland has recently implemented new due diligence requirements for Swiss companies to better protect people and the environment both at home and abroad. The legislation includes new reporting requirements on “non-financial matters”, in the areas of environment, social responsibility, and human rights (Ordinance on Climate Disclosure), which are based on the existing European Union Directive 2014/95/EU (Non-Financial Reporting Directive); and new due diligence and reporting obligations with respect to conflict minerals and to prevent child labour throughout the supply chain (DDTrO).

In turn, the European Union has stalled the Corporate Sustainability Due Diligence Directive (CS3D), which would require EU and non-EU companies to carefully manage social and environmental impacts throughout their entire supply chain, including direct and indirect suppliers, their own operations, and their products and services. At the moment of publishing this event, it is unknown what will happen next, and if there will still be a vote on the proposal. Following the existing regulations in Germany (Supply Chain Due Diligence Act or “Lieferkettengesetz”) and France (Duty of Diligence Act or “Loi sur le devoir de vigilance”), more EU member States may enact national legislation to ensure that businesses address the negative consequences of their actions, including those in their value chains. The legislative landscape regarding this topic is growing more complex.

Therefore, the Swiss commodity trading umbrella association SUISSENÉGOCE and the Total Quality Assurance provider Intertek, in cooperation with the human rights consultancy firm focusright, have developed a multi-step program to assist SUISSENÉGOCE (and thus LCTA) members in understanding how their policies and processes meet the legal requirements in this area. The program has five steps:

1. Internal company Self-Assessments
2. Company Evaluations
3. Supply Chain Assessments
4. Improve & Educate
5. Analyse

During a 90-minute workshop, Intertek and focusright experts will provide a snapshot of the legislative landscape and walk participants through the program, with the ultimate goal of allowing them to take the necessary steps toward compliance at their own pace and implement bespoke due diligence strategies for their organization.

Discussion oriented, this program is followed by a networking aperitif.

Speakers:
Barbara Carini, EDGE Global Scheme Manager – GHG Scheme Manager – Sustainability reporting project leader, Intertek
Jérémy Gaspard, Vice President, Government Trade Services Global and World of Energy Europe, Intertek
Matthias Leisinger, Director, Co-Founder, focusright

LCTA’s Christmas Apéritif

December 20, 2023, at 19.00

Venue: Grand Café al Porto,
Via Pessina 3, Lugano
Liberty Hall, ground floor

Registration
Please confirm your presence
via e-mail: info@lcta.ch

Programme

Join us to reconnect, celebrate the festive season together and ring in a successful 2024!

Kindly confirm your presence via e-mail by December 15.

Best regards
Monica Zurfluh
Secretary General, LCTA

Commodities Global Summit

March 20-22, 2023

Venue: Hotel Beau-Rivage Palace, Lausanne

Registration

Register now for 20% off your pass. Use code LCTA

Programme

Set against the stunning backdrop of the Hôtel Beau-Rivage Palace in Lausanne, the FT Commodities Global Summit 2023 offers unprecedented insights on both macro and micro trading conditions, unrivalled deal-making opportunities and unique access to leading CEOs from across energy, agriculture and metals that you can’t meet anywhere else.