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STX Group releases their 2023 sustainability report

(AMSTERDAM, 2024) – STX Group, a global leader in environmental commodities trading and climate solutions, is proud to announce the release of its 2023 Sustainability Report. This detailed report sheds light on the group’s strong dedication to accelerating the global energy transition and decarbonization, achieved through innovative solutions, strategic partnerships, investment in its people and strong governance. 

Throughout 2023, STX Group has made significant contributions to environmental progress. The company traded an impressive 300TWh of renewable power and 4TWh of renewable gas, cementing its position as a pivotal player in the clean energy market. Additionally, STX Group’s avoided 637,500 tons of CO2 equivalent through biofuel and renewable gas trading, showcasing how the company’s strategic actions contribute to the environment. 

STX Group’s dedication to sustainability extends beyond its trading activities. To minimize its operational carbon footprint, the company has proactively sourced from suppliers with strong sustainability credentials, relocated its global headquarters to a highly rated sustainable building in Amsterdam and introduced measures to cut down on business travel. Additionally, it has invested in carbon projects closely aligned with its mission of effective carbon reduction. These efforts stress STX Group’s commitment to embedding sustainability in every aspect of its operations. 

“2023 was another thriving year for STX” says Marijn van Diessen, chief executive of STX Group, in his opening statement in the report. He notes that “we expanded significantly as an organization, driving further progress for global decarbonization” and describes the 2023 sustainability report as “a crucial benchmark for our ESG impacts and a springboard for our future ambitions”.  

The success of STX’s 2023 sustainability initiatives stems from its diverse and talented workforce, which has seen incredible growth in the past year and includes over 50 nationalities. Additionally, STX’s strong governance framework, anchored by a solid Code of Conduct, ensures ethical operations and upholds the trust of clients and stakeholders, reinforcing its commitment to responsible business practices in the environmental commodities sector. 

As STX Group continues to grow sustainably, the company remains committed to its mission to lead the global energy transition. The report not only highlights the progress made over the past year but also lays the ground for STX Group to improve and continue fulfilling its mission to drive climate action through environmental commodity trading, climate finance and our own operations. 

For more information and to read the full 2023 Sustainability Report, click here