Tag: Gunvor Group

Gunvor Group eyes $500M in nonhydrocarbon investments and GHG reduction of 40% by 2025

Gunvor Group eyes $500M in nonhydrocarbon investments and GHG reduction of 40% by 2025

March 30, 2021 |

In Switzerland, Gunvor Group has announced commitments in the areas of environment, social, and governance (ESG) targeting a 40% reduction in the company’s Scope 1 and 2 emissions by 2025. The commitments come as a part of Gunvor’s Sustainability Commitments 2021 document, which outlines how the company is navigating the Energy Transition. Gunvor Group has […]

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Gunvor Group launches new $540M biodiesel loan

Gunvor Group launches new $540M biodiesel loan

December 6, 2020 |

In the United Kingdom, Reuters reports that energy trader Gunvor Group closed a new $540 million borrowing base facility to support biodiesel trading as it focuses more on promoting cleaner products in line with EU climate goals. The bookrunners for the deal were Credit Agricole and Rabobank. The loan is structured around the company’s biofuel […]

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