NEW YORK, SAN FRANCISCO, SYDNEY, LONDON, MILAN — Xpansiv, the global marketplace for ESG commodities, announced extraordinary progress in 2021, including robust growth across its exchanges and the successful launch of a digital platform for valuing commodities based on critical ESG data. Starting with natural gas, this comprehensive platform incorporates factors that include methane emissions and water usage—registered using independently verified source data—to create market incentives for sustainable production.

“Last year Xpansiv experienced phenomenal growth in our markets, data service, and technology businesses,” said John Melby, Xpansiv President and COO. “The CBL GEO became the first widely accepted voluntary carbon benchmark, we expanded our ESG commodity ecosystem with key acquisitions, and we launched a landmark Digital Fuels Program. We’re thrilled to continue to expand our presence as the global nexus for ESG commodities where data becomes proof, and intentions become actions.”

Read more: https://xpansiv.com/2021-xpansiv-carbon-volume-rises-288/

AMSTERDAM & LONDON & NEW YORK--(BUSINESS WIRE)-- Intercontinental Exchange (NYSE:ICE), a leading global provider of data, technology, and market infrastructure, today announced that a record volume of environmental contracts traded in 2021. A total of 18 billion tons of carbon allowances traded in 2021, equivalent to an estimated $1 trillion in notional value and equal to over half the world’s estimated total annual energy-related emissions footprint.

Reflecting how companies use these markets to manage and price climate risk, as well as meet compliance obligations, a record 19 million environmental futures and options contracts traded on ICE in 2021. These traded contracts included a record 15.2 billion EU carbon allowances, a record 2.4 billion California carbon allowances, 346 million Regional Greenhouse Gas Initiative allowances and, following its launch in May 2021, 255 million U.K. carbon allowances.

Read more: https://ir.theice.com/press/news-details/2022/Record-Volume-of-Environmental-Contracts-Traded-on-ICE-in-2021-Equivalent-to-an-Estimated-1-Trillion-in-Notional-Value/default.aspx

Marex has today announced the appointment of Arthur Fan as Head of Asia Pacific (APAC). In this newly created role, Arthur is responsible for the management and growth strategy in the APAC region, with a particular focus on China and Australia.

Arthur, who also joins the management team, starts on 10 January and reports to Ian Lowitt, Marex CEO. 

Read more: https://www.marex.com/news/2022/01/marex-appoints-head-of-apac/

The process of decarbonizing your organization can seem like a daunting task. Luckily, there are frameworks and guidance in place that help create actionable steps to realize your organization’s climate ambitions. This blog explores these strategies, the targets you can set, and the role carbon credits play in decarbonizing an organization.

Setting the scene

In the summer of 2021, the UN's Intergovernmental Panel on Climate Change (IPCC) published part one of a six-part assessment report stating that global temperatures will rise 1.5 degrees Celsius by the early 2030s and continue to do so without mitigating action.

Getting to net-zero emissions – taking cues from the Science Based Targets initiative (SBTi) 

Companies seeking to join the global cause to reach net-zero emissions should first define their ambition and targets, while ensuring they are grounded in science. As well, companies should learn the frameworks and standards that exist to help along the way.  

Read more: https://www.actcommodities.com/insights/Net-Zero-Emissions%E2%80%93Where-do-carbon-credits-fit-in-the-global-journey-to-climate-action-

Board Members of the Environmental Markets Association (EMA) unanimously voted in two new officers to serve in the role of Vice Chairperson and Treasurer. 

Christian Hofer of Sol Systems, a long-standing EMA Board Member and Chair of The Market Principles Committee, will serve in the role of Vice Chairperson. Mr. Hofer has worked tirelessly to publish multiple comments to legislators and is a driving force behind promoting EMA’s Market Principles.

Stephen McComb, a newly elected Board member and dedicated EMA member, will serve in the role of Treasurer. Mr. McComb has been a champion of new networking initiatives and is committed to seeing EMA prosper. 

Jack Velasquez of Marex Spectron will continue to serve as the Chairperson of EMA.

About EMA

The Environmental Markets Association is a 25-year-old pro-environment, pro-business, pro-competitive markets industry trade association with a mission to promote open, competitive and tradable market-based solutions to solve environmental challenges while simultaneously supporting sustainable economic development. EMA does this through education, advocacy, and networking opportunities for its members and the public. Learn more and join today at www.enviromarkets.org.

About Christian Hofer, Sol Systems

Mr. Hofer is an EMA Board of Director and serves as Chair of the Market Principles Committee, which aims to increase awareness about the advantages of market-based solutions for achieving sustainable development.  He is a Senior Director of Trading at Sol Systems, a leading renewable energy infrastructure developer in North America.  Prior to his role at Sol Systems, he led corporate development for Skystream Markets, a firm dedicated to building environmental commodity trading platforms.  Mr. Hofer has over a decade of experience transacting in environmental and capital markets. He holds a BS in Finance from the University of Connecticut School of Business, where he also published an economic thesis on the use of carbon offsets for implementing reforestation.

About Stephen McComb, IncubEx

Stephen McComb is a Chicago-based economist and environmental and energy executive who currently serves as a senior vice president of IncubEx. McComb joined IncubEx in 2019 as a senior vice president. He spent six and a half years at the Intercontinental Exchange in environmental market roles after it acquired the Chicago Climate Exchange in 2010. McComb has also served as an economist for the State Utility Forecasting Group at Purdue University.  He has also been a member of the Ontario Energy Board. McComb served in the Canadian armed services for three years as an infantryman.

Seattle, WA — Built In today announced that Xpansiv, the global marketplace for ESG commodities, was honored in its 2022 Best Places to Work Awards, earning “Seattle Best Midsize Companies to Work For.” The awards program includes companies in the eight largest tech markets across the U.S.

“We are thrilled to be included in this award,” said Xpansiv CEO Joe Madden, “especially because it highlights our emphasis on building a vibrant culture and a team of remarkable individuals, all pulling together to deliver a world worthy of future generations.”

Read more: https://xpansiv.com/xpansiv-awarded-best-midsize-companies-to-work-for/

NEW YORK, SAN FRANCISCO, SYDNEY – 6 January 2021 — Xpansiv, the global marketplace for ESG commodities, today announced first trades of the Core Global Emissions Offset™ (C-GEO™) contracts on Xpansiv market CBL, the world’s largest exchange for trading carbon credits, RECs, water, and Digital Fuels. First-day transactions totaled 127,207 mtCO2e (tons).

A total of 13 different companies traded the new contracts including Chevron USA Inc., Carbon Growth Partners, EKI Energy Services Ltd., Fathom Energy LLC, Mercuria Energy America, LLC, Radicle Group Inc., and Viridios Capital.

ClearBlue Markets is excited to announce its new President, Fiona Oliver-Glasford. Fiona has joined the team with 20+ years of experience in energy and carbon.

Most recently, Fiona worked at South Africa’s Sasol as the VP, Low Carbon Energy Solutions. Prior to that, Fiona led a team accountable for Enbridge Gas Inc’s carbon compliance obligation originally captured through Ontario’s participation with California and Quebec in the Western Climate Initiative (WCI) and then subsequently through the Canadian Federal Carbon Pricing Program and Ontario’s Emission Performance System.

Read more: https://www.clearbluemarkets.com/post/clearblue-markets-welcomes-fiona-oliver-glasford-president-clearblue-markets

In this year’s Energy Entrepreneurs: State of the Market report, we benchmark UK independent renewable generation capacity and explore the role of energy entrepreneurs across the generation, business and transport sectors in the push to net-zero. Here are five key insights from the report, which is now available to download in full or as a quick 5-minute digest.

Read more: https://www.smartestenergy.com/en_gb/info-hub/blog/5-key-insights-from-our-new-energy-entrepreneurs-state-of-the-market-report/

Nodal Exchange and IncubEx today announced the upcoming launch of four brand new environmental futures on January 7, 2022, bringing the largest market for environmental products in the world to 100 futures and options contracts.

Pending regulatory review, Nodal will list physically-delivered futures contracts on:

• California Carbon Offset 8 Futures
• California Carbon Offset 0 Futures
• Maine Class 1A REC Futures
• Massachusetts CES-E Futures

Read more: https://theincubex.com/2021/12/nodal-and-incubex-expand-exchange-listed-environmental-derivatives-suite/