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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.” Built In determines the winners of Best Places to Work based on an algorithm, using data about compensation, benefits, and company-wide programming. The program also weighs criteria like remote- and flexible-work opportunities, programs for Diversity, Equity, and Inclusion (DEI), and other people-first cultural offerings.
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.
SYDNEY, NEW YORK, SAN FRANCISCO — Xpansiv Ltd., the global marketplace for ESG commodities, today announced the acquisition of SRECTrade, Inc., an environmental commodity management and transaction platform. SRECTrade is the leading aggregator of solar Renewable Energy Certificates (RECs), with a rapidly expanding business unit focused on clean transportation and Low Carbon Fuel Standard (LCFS) markets. SRECTrade’s technology platform and presence in REC and LCFS markets complements Xpansiv’s rapidly expanding ESG-commodities platform, which includes environmental-portfolio management and CBL, the world’s largest exchange for RECs, carbon offsets, water, and digital commodity products. SRECTrade CEO Steven Eisenberg will lead the Xpansiv XPortfolio business, which operates EMA, the environmental market’s leading multi-asset, multi-registry portfolio management system that recently announced more than 1B credits processed.
SYDNEY, NEW YORK, SAN FRANCISCO, LONDON — Xpansiv, the global marketplace for ESG Commodities, today announced Henrik Hasselknippe as Head of XMarkets, the company’s portfolio of open, transparent exchanges that enable the seamless transaction of renewable energy, carbon, water, and Digital Fuels. Hasselknippe will be responsible for the development and management of Xpansiv exchange operations, which include CBL, the largest voluntary carbon market; Australian water exchange H20X; the Aviation Carbon Exchange (ACE); and OTX, which provides market access for CSO tickets and renewable fuels. “Henrik’s background and experience make him uniquely positioned to lead the next stage of growth for our exchange business,” said Xpansiv President and COO John Melby. “We’re excited to have him join our management team.” Hasselknippe will be responsible for the management and positioning of all XMarkets products and services, including global strategy and European expansion.
OIES Webinar - Markets for Carbon Offsets - 8 October 2021 The webinar provides an overview of the evolution of voluntary markets for carbon offsets, the development of spot and derivatives markets, the increasing role these markets are playing in the price discovery process and attracting liquidity and new players and how the LNG industry is using carbon offsets to structure ‘carbon neutral’ cargoes and opportunities to strengthen the associated environmental claims. https://vimeo.com/630837345/4930e13cdd
NEW YORK — S&P Global Platts, the leading independent provider of information and benchmark prices for the commodities and energy markets, and Xpansiv, the global marketplace for ESG commodities, have launched a new benchmark for methane performance in natural gas production in the United States. Methane Performance Certificates (MPCs) allow a US producer to sell instruments representing zero methane emission natural gas production. Increased scrutiny of the upstream carbon intensity associated with the production of fossil fuels has prompted investors, consumers, and producers to seek new ways to reduce their carbon footprint, resulting in growing demand for “low-carbon” fuels. The production and transportation of natural gas, often touted as an alternative to coal or oil, can emit large volumes of methane — a substantially more potent greenhouse gas (GHG) than carbon dioxide. Methane intensity is the measure of methane emissions as a percentage of natural gas produced. MPCs provide a tradeable instrument for achieving a lower intensity, unlocking the market value of reducing the
Xpansiv Completes US$100 Million Capital Raise Capital raise to fund growth initiatives was significantly oversubscribed. Xpansiv is consolidating its position as core infrastructure provider for global ESG commodity markets.
Mounting ESG concerns have led to a dizzying array of options: carbon sequestration, responsibly sourced gas, carbon offsets, third-party gas standards, advanced emission measurement technology, and more. Many companies want to avoid one-off initiatives but are challenged with developing an ESG strategy that is integrated with core business functions and decisions, while alleviating concerns of greenwashing. Join the discussion with ESG experts who will share a holistic approach: Modernize emissions regulatory and corporate reporting through automation and more accurate measurement Explore market options to capture additional revenue from ESG-conscious products Integrate ESG factors into critical business decisions such as asset portfolio mix, hedging, and forecasting of potential costs and liabilities
Amy Bann will be joining the company as Head of Registries Network and Integration. She will lead strategy and partnerships for the company’s fast-growing digital platform that brings data-driven transparency to environmental commodity markets. “Amy’s experience in market and policy innovation across the ESG spectrum comes at a critical time in Xpansiv’s evolution,” said Xpansiv CEO Joe Madden. “Her unique background will be an invaluable addition.” Amy most recently served as Director of Sustainability Strategy at Boeing, driving forward global strategy for technology and policy, including ground-breaking UN climate agreements. Amy also serves on the Taskforce for Scaling Voluntary Carbon Markets and the Board of E8 Cleantech Angels. “I’m delighted to be joining Xpansiv, and excited to be part of a company on the verge of tremendous growth and possibility,” Bann said. “I look forward to working with key partners across ESG markets to accelerate net-zero solutions.”
Xpansiv Expands Reach in Australian Renewables & Energy Markets through Acquisition of HVB and Iguanadata Xpansiv Limited (Xpansiv), the global marketplace for ESG commodities, today announced the acquisition of HVB Markets Pty Ltd (HVB) and Iguanadata Pty Ltd (Iguanadata), which will become wholly-owned subsidiaries of Xpansiv. The purchases expand Xpansiv’s reach and capabilities across Australian carbon, renewables, and energy markets, streamlining access to a growing ecosystem of ESG-related commodities and data. HVB is a market leader, providing execution services across Australian carbon, renewables, and traditional spot electricity, futures, swaps, and options, along with related products associated with weather and generation-firming derivatives. Complementary to these services, Iguanadata offers subscription-based, market-data packages that include closing prices, forward curves, and other renewables and electricity market information delivered via API and through its mobile and web-based applications.