Environment

We aim to reduce our environmental impact by minimizing the carbon footprint of our operation. There are three ways to achieve this:

Several measures to reduce Transtrend’s environmental footprint have been in place for many years. These include using LED lights and motion sensors in our office and facilitating video conferencing as an alternative to business travel. Many employees commute to work by public transport, bicycle, or on foot. Obsolete computers are donated to schools or other civic organizations when possible. We use reusable modular wall systems, cupboards, and furniture in the office layout, and we separate paper, cardboard, glass, and cans from other trash. In recent years, we have relocated servers from our office and backup location to external data centers, increasing our power efficiency.

Due to the vast amount of data we have to process daily to implement our trading strategy, we focus on power efficiency and sustainable energy sources rather than solely reducing our energy consumption. Business travel will likely remain a primary source of our carbon emissions in the coming years, as our business relationships are primarily outside the Netherlands. Physical meetings remain essential for maintaining long-term relationships with our clients, service providers, and other business partners, ultimately ensuring the quality of our services.

Our Rotterdam office is powered by green electricity. Energy used by our data centers and allocated by our lessor for shared building facilities is qualified as ‘grey’, based on common practice in the Netherlands to qualify European wind energy as such. For 2023, we have bought Energy Attribute Certificates (‘Garanties van Oorsprong’) to convert this into green electricity and we intend to do so for 2024 as well. Additionally, in 2024, we replaced our company gasoline cars with electric cars.

Since 2018, we have offset our indirect carbon emissions from air travel. As of 2021, we also offset the carbon footprint from various other sources related to our operations: company cars, electricity, water, paper, heating, and office waste. In 2021, we added the estimated carbon footprint of electricity used by our employees during work-from-home days. In 2022, we included the carbon footprint of commuting and energy allocated to us for shared building facilities. We aim to further refine our carbon footprint measurement in the coming years.

We participate in certified carbon offset projects to offset our carbon emissions. For 2023, we participated in a Dutch, VCS certified biogas project. We will continue to monitor the debate on the effectiveness of carbon offsetting initiatives to enhance our offsetting program where possible.

Further reduction of our carbon footprint remains on the agenda of a dedicated working group, ‘Sustainable Transtrend’, as new ideas or possibilities may develop, or existing ideas may become worthwhile to implement. The working group works closely with our ESG committee, consisting of one Managing Director and five employees from different teams. They prioritize, coordinate, and monitor all ESG projects and initiatives — including footprint-related ones — across the firm, under the final responsibility of Transtrend’s Managing Board.

In addition to our efforts to reduce our carbon footprint, we strive to be transparent about our sustainability record. We have drawn up a Sustainability Report in which we measure and explain our carbon footprint, among other things. You can download this report below and read more about our sustainability initiatives.