(November 10)

ATLANTA & NEW YORK--(BUSINESS WIRE)-- Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology and market infrastructure, today announced that its Environmental, Social and Governance (ESG) Reference Data coverage now includes 2 million fixed income instruments. ICE’s ESG Reference data covers equity and fixed income securities across North America, Europe and Asia and adds transparency to allow users to better understand ESG risks and opportunities.

With the rise of sustainable investing, more and more investors have become focused on incorporating ESG data into their investment research and decision-making process. However, because of the complexity and size of fixed income markets, which the Institute of International Finance estimates are approximately three times the size of equity markets, many investors and other participants have not been able to view ESG metrics when it comes to identifying risks and potential growth opportunities in fixed income securities.

Read More: https://ir.theice.com/press/news-details/2021/ICE-Expands-ESG-Data-Offering-to-2-Million-Fixed-Income-Securities/default.aspx

(November 09)

On behalf of the Massachusetts Clean Energy Center, Evolution Markets will host an auction of renewable energy certificates (RECs) eligible for compliance under the Massachusetts renewable portfolio standard.

The auction of Vintage 2021 Massachusetts Class I Renewable Certificates will take place between 10:30 am EST and 12:00 pm EST on November 17, 2021. It will be conducted on Evolution Markets' online auction platform, EvoAuction.

Read More: https://www.evomarkets.com/newsroom/market_insights/evolution-to-host-rec-auction-for-massachusetts-clean-energy-center

(November 08)

NEW YORK--(BUSINESS WIRE)-- Intercontinental Exchange (NYSE:ICE), a leading global provider of data, technology, and market infrastructure, today announced the planned launch of four new index futures contracts based on the MSCI Climate Paris Aligned Indices. Subject to regulatory approval, the contracts are expected to launch in January 2022 on ICE Futures U.S.

The new U.S. dollar-denominated futures contracts are designed to help investors align with a net-zero world by using a variety of proprietary, key climate metrics and models, including climate value-at-risk, low carbon transition score and companies’ carbon emission reduction targets. The indices covered will be the MSCI World Climate Paris Aligned Index, MSCI USA Climate Paris Aligned Index, MSCI Europe Climate Paris Aligned Index and MSCI Emerging Market Climate Paris Aligned Index.

Read More: https://ir.theice.com/press/news-details/2021/ICE-Plans-to-Launch-Four-MSCI-Climate-Paris-Aligned-Index-Futures-Contracts/default.aspx

(November 08)

Trayport Limited (Trayport), a wholly-owned subsidiary of TMX Group, and IncubEx, Inc. (IncubEx), a Chicago-based privately held company that designs and develops new financial products in global environmental, climate risk, and related commodity markets, today announced the forthcoming launch of a new global voluntary carbon marketplace.

The Voluntary Climate Marketplace (TVCM) operated by IncubEx, will offer best-in-class market access to trade voluntary carbon offsets to the growing base of stakeholders looking to achieve net-zero commitments around the world.

Read More: https://theincubex.com/2021/11/trayport-and-incubex-are-working-together-to-launch-a-voluntary-climate-marketplace-and-an-electronic-platform-for-trading-voluntary-carbon-offsets/

(November 05)

Uniper recorded adjusted EBIT of €614 million in the first nine months of 2021. The prior-year figure was €405 million. The primary reason for the more than 50-percent earnings increase was a higher contribution of the international and gas mid-stream commodity business. Earnings were adversely affected by a price- and volume-driven increase in provisions for carbon allowances relative to the prior-year period. The provisions are mirrored by carbon hedging transactions that will be unwound in the fourth quarter of 2021. This effect therefore will not adversely impact adjusted EBIT for the year as a whole.

Earnings at the European Generation segment surpassed the prior-year figure. The segment benefited above all from the commissioning of Datteln 4 coal-fired power plant in late May 2020 and the return to commercial operations of Irsching 4 and 5 gas-fired generating units in the fourth quarter of 2020. Higher income from the UK capacity market also had a positive impact on earnings.

Read More: https://www.uniper.energy/news/unipers-operating-business-delivers-strong-nine-month-performance

(November 05)

LONDON--(BUSINESS WIRE)-- Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of data, technology, and market infrastructure, today announced that it plans to launch its first Nature-Based Solutions (NBS) carbon credit futures contract.

Subject to regulatory approvals, the new futures contract is expected to launch in the first quarter of 2022. It will be traded and cleared by ICE in London and will physically deliver credits certified under Verra’s Verified Carbon Standard (VCS) and Climate, Community and Biodiversity (CCB) Standards Programs. Each futures contract will be equal to 1,000 eligible VCS credits with each credit equivalent to one metric ton of greenhouse gas emissions.

Read More: https://ir.theice.com/press/news-details/2021/ICE-to-Launch-its-First-Nature-Based-Solutions-Carbon-Credit-Futures-Contract/default.aspx

(November 4)

HOUSTON – Bracewell LLP has been named Law Firm of the Year in Energy Law and Law Firm of the Year in Oil & Gas Law in the  2022 U.S. News ‒ Best Lawyers® “Best Law Firms” report. Bracewell earned a total of 105 national and metropolitan rankings, including a national Tier 1 standing in 13 categories:

In addition, Bracewell earned 80 metropolitan rankings in Austin, Dallas/Fort Worth, Houston, New York, San Antonio, Seattle and Washington, DC, which included 44 Tier 1 regional rankings across the seven regions.

Read More: https://bracewell.com/news/bracewell-honored-2022-law-firm-year-energy-law-and%C2%A0oil-gas-law-us-news-%E2%80%92-best-lawyers%C2%AE

(November 03)

ATLANTA & NEW YORK--(BUSINESS WIRE)-- Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology and market infrastructure, today announced that ICE Bonds has connected with Adroit Trading Technologies, a premier order and execution management system (OEMS) for sophisticated over-the-counter-focused buyside traders. ICE Bonds’ fixed income over the counter marketplace will provide Adroit users with deep liquidity and price discovery across multiple protocols, including portfolio trading, request for quote (RFQ) and click-to-trade.

“As fixed income markets continue to become more electronic and automated, market participants are searching for a combination of access to liquidity and an advanced execution platform,” said Peter Borstelmann, President of ICE Bonds. “Adroit’s trading technology provides seamless visibility and access to our leading data, analytics and liquidity pools, all in one consolidated view, which is a big benefit for our customers.”

Read More: https://ir.theice.com/press/news-details/2021/ICE-Connects-to-Adroits-Execution-Management-System/default.aspx

(November 03)

SYDNEY, NEW YORK, SAN FRANCISCO — Xpansiv market CBL, the world’s largest exchange for trading carbon credits, renewable energy certificates (RECs), water entitlements, and digital fuels, today announced carbon credit volume passed 100 million metric tons year-to-date—a gain of 384% over the same period a year ago.

The growth reflects increasing demand from companies implementing net-zero programs to attain Paris Agreement goals, as well as an influx of corporates, financial institutions, offset project developers, and fund managers drawn to the exchange’s transparent order book, robust price discovery, and deep liquidity.

Read More: https://xpansiv.com/cbl-2021-carbon-volume-tops-100m-metric-tons/

(November 02)

SYDNEY, NEW YORK, SAN FRANCISCO, LONDON — Xpansiv market CBL, the world’s largest spot exchange for energy and environmental commodities, has announced plans to launch the CCP-GEO, a standardized carbon offset contract specifically designed to align with the initial recommendations for Core Carbon Principles (CCP) defined by the Taskforce for Scaling Voluntary Carbon Markets.  Xpansiv fully supports the CCPs and seeks to help drive an array of new voluntary market mechanisms to conform with CCP Working Group governance efforts.

“The CBL CCP-GEO contract will provide market participants with a tradeable instrument that covers a broad range of high-quality credits that align with the CCP,” said Henrik Hasselknippe, Xpansiv Head of XMarkets. “We designed this new contract to complement the GEO and N-GEO under our Standard Instruments Program and to help scale market supply and delivery of credible credits.”

Read More: https://xpansiv.com/cbl-launches-spot-contract-aligned-with-tsvcm-core-carbon-principles/