Sustainability | Responsible & Ethical Commodities Trading, Comet Trading

Our Commitment

Long-term thinking, responsible trading

At Comet Trading, sustainability is not a policy layer applied after the fact, it is intrinsic to the way a family-owned business thinks about the future.

Family ownership aligns our incentives with the long term. We are not driven by quarterly earnings or short-cycle mandates. Instead, we build durable commercial relationships with producers, counterparties, and end-users whose trust depends on our consistent, principled conduct. That structure, private, independent, multigenerational in outlook, naturally reinforces responsible decision-making at every stage of the trade lifecycle.

From the sourcing desk in Geneva to our trading hubs in Cairo, Shanghai, Dubai, and London, and across our commercial representatives active in 14 or more countries, the same standards apply: transparency with counterparties, diligence in compliance, and a recognition that global commodity markets bear real consequences for the communities and environments they touch.

Our positioning, Independent, Trusted, and Ethically Driven, is not a slogan. It is the practical expression of values we have held since our founding in January 2017, and that draw on more than 30 years of commodity-trading experience within our leadership team.

Family-owned, independent, and free from short-term shareholder pressure
30+ years of commodity-trading experience informing responsible practices
Consistent conduct across 4 continents and 14+ countries
Member of the International Iron Metallics Association (IIMA)

Independent. Trusted. Ethical.

Our Approach

Four pillars of responsible practice

Sustainability at Comet Trading is anchored in four interconnected pillars that guide how we source, trade, govern, and engage, across every commodity vertical and every market we serve.

⬡

Responsible Sourcing

The integrity of a trade begins at origin. We apply careful counterparty due diligence and supply-chain scrutiny to the commodities we handle, steel raw materials, cement inputs, solid fuels, and fertilizers, prioritising producers whose operational and environmental standards align with our own values. Our sourcing philosophy is founded on the principle that competitive pricing and responsible origin are not mutually exclusive, and that transparency along the supply chain reduces risk for all parties.

⚖

Ethical Trading & Governance

Every transaction Comet Trading executes is supported by a compliance mindset embedded throughout the organisation. We maintain rigorous internal controls, clear contractual frameworks, and a culture of accountability that extends from board level to every trading desk. Our independence, family-owned, without external shareholder pressure, reinforces our ability to decline transactions that do not meet our ethical standards, regardless of their commercial appeal. Strong financial backing ensures we honour commitments reliably and without duress.

🌱

Environment & Decarbonisation

Steel and cement are central to the built environment and to global infrastructure, and both sectors face a profound transition toward lower-carbon production pathways. As a physical trader active across iron ore, metallurgical coal, scrap, HBI and DRI, clinker, GBFS and GGBFS slag, Comet Trading sits at the intersection of today's supply chains and tomorrow's requirements. We follow developments in green steel, carbon-reduced cement, and alternative solid fuels closely, and we are positioned to support customers and producers as decarbonisation reshapes procurement and logistics decisions across our core verticals.

🤝

People & Communities

With approximately 24 professionals and a commercial footprint spanning four continents, Comet Trading creates direct employment and supports wider economic activity in the markets where we operate. We believe that a trading house earns its licence to operate not only through regulatory compliance but through the quality of the relationships it builds, with local partners, with trading counterparties, and with the communities that depend on the industries we serve. Treating people fairly, communicating honestly, and paying on time are the foundations of that licence.

Values in Action

Sustainability woven into the trade lifecycle

Responsible practice is not confined to a single department, it runs through every stage of how we work.

From market intelligence to final delivery

Our trade lifecycle services, logistics coordination across major trade routes, trade finance solutions, sourcing and procurement support, and market intelligence and risk management, are each designed with transparency and risk reduction at their core. We go beyond transactions, delivering integrated services that reduce complexity, enhance transparency, and strengthen resilience across supply chains.

This integrated model means our clients benefit not only from competitive commercial terms but from a counterparty that actively works to reduce informational asymmetry, flag emerging regulatory or logistical risks, and structure transactions that are sustainable over the medium and long term, not merely executable today.

Integrated logistics coordination reduces environmental and operational inefficiency
Trade finance structuring supports responsible supply-chain investment
Market intelligence helps clients anticipate regulatory and ESG-driven shifts
Risk management frameworks protect all counterparties along the chain

Integrated. Transparent. Resilient.

Governance & Integrity

The structures that underpin responsible trading

Sound governance is the infrastructure of sustainable commerce. At Comet Trading, it is built into every layer of how we operate.

🛡

Robust Risk Management

Our risk management approach encompasses counterparty credit assessment, commodity price exposure, logistical and geopolitical risk, and regulatory compliance, applied consistently across all four commodity verticals and all geographies in which we operate.

📋

Compliance Mindset

A compliance-first culture means that legal, contractual, and regulatory obligations are treated as baseline requirements, not as constraints to be minimised. Our team of approximately 24 professionals operates within clear frameworks designed to ensure every transaction meets the standards expected of a Geneva-headquartered trading house.

🏛

IIMA Membership

Comet Trading is a member of the International Iron Metallics Association (IIMA), the global body representing producers, traders, and users of iron metallics including HBI and DRI. IIMA membership reflects our engagement with industry-level standards, market transparency, and the responsible development of the iron and steel raw-materials sector.

30+

Years of Trading Experience

4

Continents of Commercial Presence

14+

Countries with Active Representatives

2017

Founded in Geneva, Switzerland

Guiding Values

The principles that define how we trade

Four values, held since our founding, shape every decision we make and every relationship we build.

Family Ownership

Independence from external shareholders means our priorities are set over years and decades, not quarters. We trade with a long-term perspective that aligns naturally with sustainable, relationship-centred commerce, and with the producers, end-users and financiers who depend on a reliable, consistent counterparty.

Reliability

Reliability in commodity trading is earned through consistent performance: honouring commitments, meeting delivery schedules, and communicating proactively when circumstances change. Strong financial backing ensures that our obligations, commercial, contractual, and ethical, are met without exception.

Dynamism

The commodity markets we serve are shaped by geopolitics, technology, climate policy, and shifting industrial demand. Dynamism means we stay close to these changes, positioning ourselves and our clients to adapt, to access new supply corridors, and to anticipate the sustainability-driven transformations reshaping steel, cement, solid fuels, and fertilizers.

Independence

Our independence, from financial institutions, from producer affiliations, and from any single market, preserves our ability to act in the best interests of our clients and counterparties. It also underpins our ethical positioning: we are free to decline business that does not meet our standards, and to advocate transparently for the interests of all parties in a transaction.

Responsible by nature