STX Group expands presence to the energy hub of the US with new Houston office.
- Corporate America seeks expert guidance for navigating environmental commodity markets and contributing to the global energy transition.
- STX Group’s strategic expansion to Houston reflects its robust trajectory of global and US growth, fortifies client connections and the breadth of solutions offering.
HOUSTON (November 29, 2023) — STX Group, a leading global firm in environmental markets and climate finance, today announces the opening of its new office in Houston, Texas. With a successful track record in New York and 13 offices worldwide, including the recent addition in Mexico City, STX Group is strongly positioned for further growth in the US market.
The Houston office constitutes a strategic leap to accelerate the momentum of climate action and the environmental commodity markets. The expansion will bring the company even closer to clients, expand product offering and tap into the rich talent pool in the region, propelling STX Group’s advancement.
Tim Pabst, Managing Director of STX Group in the US, commented: “The opening of our Houston office underscores our commitment to drive decarbonization and enhance value for our clients. Houston, with its dynamic energy landscape, provides an ideal opportunity for us to advance environmental progress.”
In 2022, STX Group globally traded and promoted the annual generation of around 500 million units in both physical environmental commodity products and tradable certificates relating to decarbonization. . In the US particularly, the company recorded a remarkable 74% year-on-year increase in corporate procurement, showcasing the dynamism of the market and the growing interest in sustainability by the American private sector.
This expansion marks a significant milestone for the company as it strategically positions itself in the global energy epicenter and acknowledges Houston’s pivotal role in the transition towards a low carbon economy.