Energy Risk Asia Awards 2023: The winners
Winning firms demonstrate resilience and robust risk management amid testing times


The winners of this year’s Energy Risk Asia Awards successfully navigated some of the most extreme and challenging conditions ever experienced in commodities markets. Over the past year, price volatility, economic uncertainty, inflation, rising credit risk and supply chain disruption have threatened the businesses of energy producers and consumers alike.
Our award winners stand out for their ability to continue offering first-class risk management products and services, in many cases providing much-needed financing, credit and market liquidity in a time of crisis.
Conducted annually, the Energy Risk Asia Awards recognise and honour firms with a presence in Asia that have demonstrated the very best practices in energy risk management over the previous 12 months. With commodities markets at the intersection of many trends, including increased geopolitical risk, long-term climate risk and advancing technology, award winners need to demonstrate not only optimal risk mitigation skills but also creativity and innovation in adapting to change and grasping new opportunities.
Taken together, our winners showcase some of the very best in innovative thinking that is helping shape the energy markets across Asia for years to come.
Derivatives house of the year
Macquarie Group
Corporate risk management of the year
Kuwait Petroleum Corporation
Market-maker of the year
Theme International Trading
Commodity broker of the year
BOCI
Commodity exchange of the year
Shanghai Futures Exchange and INE
OTC trading platform of the year
Shanghai Futures Exchange
Commodity and energy finance house of the year
Societe Generale
Environmental products house of the year
Macquarie Group
Climate risk manager of the year
VP Bank
Climate risk advisory firm of the year
Baringa
Commodity trade finance house of the year
Macquarie Group
Oil and products house of the year
BOCI
Natural gas/LNG house of the year
Macquarie Group
Electricity house of the year
ENGIE
Emissions house of the year
Macquarie Group
Iron ore house of the year
Theme International Trading
Base metals house of the year
BOCI
CTRM software house of the year
ION Commodities
Commodities technology house of the year
EKA Software Solutions
One to watch
Energy One
Commodity research house of the year
Macquarie Group
Innovation of the year
Shanghai Futures Exchange
Newcomer of the year
Vanir Global Markets
More on Awards
Commodities technology house of the year: Topaz Technology
Strong revenue growth, Asia focus and a unique approach to unifying physical and financial risk
Electricity house of the year: Provincial Electricity Authority (PEA)
Power company uses renewables to help Thailand attract energy-intensive manufacturers amid recent geopolitical shifts
Energy Risk Asia Awards 2025: the winners
Winning firms showcase the value of prudent risk management amid challenging market conditions
Data and analytics firm of the year: LSEG Data & Analytics
Energy Risk Awards 2025: Firm’s vast datasets and unique analytics deliver actionable insights into energy transition trends
Newcomer of the year: Eleox
Energy Risk Awards 2025: Six energy titans collaborate to transform post-trade landscape
CTRM software house of the year: ION
Energy Risk Awards 2025: Software firm stands out for its wide and expanding portfolio, new technology use and impressive client growth
Emissions house of the year: Grey Epoch
Energy Risk Awards 2025: Carbon trader meets clients’ increasing needs through deep expertise and ability to warehouse risk
One to watch: Fenergo
Energy Risk Awards 2025: SaaS firm brings digitalised counterparty management to energy and commodities