Energy Risk Asia Awards 2024: The winners

Winning firms adapt to change with exemplary risk management skills

Anastasia Zhenina

The past 12 months have provided commodities firms with some much-needed respite from the dizzying volatility and steep price rises of previous months. However, market disruptions caused by geopolitical unrest brought a new set of challenges for commodities firms worldwide.

The 2024 winners of the Energy Risk Asia Awards demonstrated an exemplary ability to adapt their businesses to changes in established trade routes that emerged as a result of shifting global trading relationships. Many of our winning firms demonstrated a renewed focus on assessing and mitigating supply chain risk, drawing on the latest advances in operational risk and modelling.

Meanwhile, the energy transition is reshaping commodity businesses across the Asia-Pacific region (Apac) as firms strive to hit stringent emissions reduction targets and assess transition risk across their businesses and supply chains.

In these uncertain times, the future success of commodities firms will very much hinge on their ability to withstand and thrive amid unpredictable change. Deploying exemplary risk management skills will be key to this.  This year’s awards showcase best practice in this endeavour as firms shore up their businesses against future shocks and forge ahead with innovative ideas and technological advancements.

Conducted annually, the Energy Risk Asia Awards recognise and honour firms with a presence in Apac that have demonstrated the very best practices in energy risk management over the previous 12 months. Our winners showcase some of the very best in innovative thinking. These firms are shaping the energy markets across Apac today, and will do so for years to come.

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Commodity broker of the year    
BOCI

Oil and products house of the year    
BOCI

Voluntary carbon markets house of the year    
Climate Impact X

Deal of the year    
CTBC Bank

Environmental products house of the year    
ENGIE

Natural gas/LNG house of the year    
ENGIE

Corporate risk manager of the year    
Engro

Commodities tech product of the year    
ION Group

CTRM software house of the year    
ION Group

Enterprise risk software house of the year    
ION Group

Base metals house of the year    
Macquarie Group

Commodity research house of the year    
Macquarie Group

Commodity trade finance house of the year    
Macquarie Group

Derivatives house of the year    
Macquarie Group

Data & analytics firm of the year    
RepuTex Energy

Climate risk advisory firm of the year    
S&P Global Market Intelligence

Commodity exchange of the year    
SGX Group

Innovation of the year    
Shanghai Futures Exchange & Shanghai International Energy Exchange

Commodity and energy finance house of the year    
Societe Generale

Freight derivatives house of the year    
Theme International Trading

Iron ore house of the year    
Theme International Trading

Market-maker of the year    
Theme International Trading

Newcomer of the year    
Topaz Technology