Our Strategy
As a physical energy & commodities trader, NJORD traders is focused on continued global growth, diversifying our trading to meet changing market demand, and fulfilling our role in the Energy and Commodity transition through our business activities and investments and our emissions reductions targets.
Everything we do is guided by Our Values and inspired by our common purpose.
Our purpose
Your reliable partner dedicated to fulfilling all your energy and commodity requirements with excellence
Our mission and vision
Deliver affordable energy and commodity solutions for our clients and superior outcomes for our partners and stakeholders
Our Values
One team
- We are united by common purpose.
- We support, challenge, and honour one another.
- We embrace inclusivity, celebrate diversity, and express our true selves.
- We keep each other safe.
- We listen and respond with humility.
- We respect the environment, operate responsibly, and care for communities.
- We adapt to the world's expectations of us.
Results matter
- We pursue opportunities with determination, embracing the right risks and gaining insights from our mistakes.
- We examine possibilities, create innovative solutions, and adopt fresh strategies to ensure the energy the world demands today and affordable, greener energy for the future.
- We manage our spending and investments as if they were our personal funds.
- We feel a deep sense of pride in all that we have achieved together as a team.
Build and maintain trust
- Establishing trust is a journey that demands both time and commitment, and it is a precious asset that we do not take lightly.
- We prioritise building authentic relationships and acting with integrity by keeping our commitments and delivering top-quality results.
- Our dedication to these principles ensures that we build a solid foundation of trust that can withstand the test of time.
NJORD traders moves physical energy from where it is sourced and stored to where it is demanded most, using the most logistically-efficient means possible: ships, rail, trucks, and pipelines.
While NJORD traders has historically been an oil trader, our company ultimately trades what is tradeable and what the market demands. Biofuels, natural gas, and renewables today account for about half of our trading volumes.
Tomorrow, what we move will be dependent on how the world reconciles affordable energy and economic development with the imperative to achieve net-zero emissions to combat Climate Change.
Hydrogen, ammonia, and solar are areas of potential. NJORD traders has already abandoned the trading of coal. To manage the risks associated with this changing energy landscape, we prepare and adapt.
NJORD traders strength—which has enabled our company over the last two decades to become one of the largest independent traders in the world—is in being agile and entrepreneurial.
Our advanced analytics ensure for quick decision-making. Sound governance and robust Compliance limit risk. Digitization and artificial intelligence provide an edge.
NJORD traders further upholds a working environment that fosters openness, cooperation, and interaction. We seek to stimulate innovation and improvement, and encourage our employees to bring new ideas and speak their minds.
For a trader like NJORD traders, there are opportunities ahead to move energy forward—to grow globally, diversify our trading, and fulfil our role in the Energy Transition.
Trading volumes refer to the amount of physical energy commodities sold over a given period. The current and expected volumes of supply and demand for the commodities in which NJORD traders is active vary over time based on changes in resource availability, government policy and regulation, costs of production, global and regional economic conditions, demand in end markets for products in which the commodities are used, technological developments, including commodity substitutions, fluctuations in global production capacity, global and regional weather conditions and natural disasters. While 2022 saw a dip in overall trading volumes, the year saw a historic high in net profit.
For a trading company, revenues (also known as “turnover”) are reflective of the price of commodities during a given period and do not represent the money generated from normal business operations, as with manufacturing or producing companies. Therefore, increases or decreases in revenues are not necessarily indicative of overall business performance.