- Partnership will integrate carbon and renewable energy credit market data into comprehensive, corporate climate-risk reporting platform
- New solution to meet expanding climate reporting requirements in Australia, the United States, and elsewhere
Xpansiv, the leading market infrastructure provider for the global energy transition, and Vyzrd, a pioneer in integrated climate risk analytics, have partnered to enable companies to quantify the financial impact of climate risk, meet evolving climate reporting requirements, and drive at scale supply chain decarbonisation and sustainability.
These solutions entail integrating Xpansiv’s peerless environmental commodity market data into Vyzrd’s advanced climate risk and net-zero platform, which is used by companies to quantify and report the financial, strategic, and operational implications of climate change to investors and regulators.
“Vyzrd’s Gen-AI enabled platform empowers businesses with actionable insights combining climate, industry, and company-level sustainability and fundamental data,” said Sunil Rana, CEO, Vyzrd. “Given the growing emphasis on emissions reduction and disclosures by regulators, investors, and financial institutions, Xpansiv’s unparalleled environmental commodities data is a vital component of our platform’s data architecture.”
To date, more than 30 countries, representing over 60% of global GDP, have introduced mandatory climate-related financial disclosure for companies and financial institutions.
“The combination of Vyzrd’s climate change and transition risk management platform, with Xpansiv’s market leading carbon registry and transaction data, provides a comprehensive solution to support corporate climate-related regulatory disclosures.” said Ben Stuart, Chief Commercial Officer, Xpansiv. “The ability to access 14 different global registries in one place makes the Xpansiv Connect platform the most significant single source of truth as it relates to Renewable Energy Certificates (REC) and carbon products.”
More than one billion environmental commodity transfers take place annually on Xpansiv infrastructure, which supports more than 80% of carbon credits issued worldwide as well as a significant share of renewable energy credits in North America and globally.
About Xpansiv
Xpansiv operates the market infrastructure to rapidly scale the world’s energy transition. The company runs the largest spot exchange for environmental commodities, including carbon credits and renewable energy certificates. It is the premier provider of registry infrastructure for energy, power, and environmental markets. It also operates the largest independent platform for managing and selling solar renewable energy credits in North America.
Xpansiv is a leading provider of transaction and advisory services in global carbon, renewable energy, and energy transition markets through its Carbon Financial Services and Evolution Markets units. It also runs the leading multi-registry, multi-asset environmental portfolio management system and market data service.
Xpansiv’s rules-based markets and infrastructure enable stakeholders to deliver transparent, credible, and auditable environmental claims to address the growing global demand for assurance and accountability on climate action and sustainability performance.
Xpansiv investors include Blackstone Group, Aramco Ventures, Bank of America, Goldman Sachs, Macquarie Group Ltd., S&P Global Ventures, Aware Super, BP Ventures, Commonwealth Bank, and the Australian Clean Energy Finance Corporation.
For more information, please visit Xpansiv.com.
Plants, seeds & more delivered to your door!
www.nativeshop.com.au
Advertisement
