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CBL provides access to the world’s energy and environmental markets. With a vision of bringing efficiency, transparency and liquidity to environmental markets, we connect buyers and sellers around the world to facilitate the secure and seamless trading of products in environmental commodity markets.

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H2OX supports efficient, transparent trading of water entitlements and allocations in Australian water markets. By introducing state of the art technology to the sale and purchase of water and associated products, H2OX has streamlined the market, providing independence, efficiency, transparency and 24/7 real-time trading to owners and users of water.

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Aviation Carbon Exchange is a partnership between CBL and IATA to provide a marketplace for emissions-compliance obligations under the Carbon Offset Reduction Scheme for International Aviation (CORSIA). CORSIA addresses the increase in total CO2 emissions from international aviation above 2020 levels.

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OTX is a leading market-access provider for compulsory stockholding obligations (CSO) tickets—a product related to the oil sector regulation. OTX is rapidly expanding into markets for renewable fuels and renewable-fuel certificates.

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Environmental Management Account (EMA) is a comprehensive portfolio-management platform with a unique account structure that makes it easy to consolidate and transact environmental commodities across multiple regulatory regimes, all from one intuitive interface.

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The JSE Ventures Carbon Market is a comprehensive marketplace for buying and selling carbon and renewable energy credits via Xpansiv CBL, the largest venue for environmental commodities. The marketplace provides direct access to hundreds of live carbon credit and renewable energy certificates (RECs) on a live marketplace with full depth-of-market view and online order types.

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First Trade of Puro.earth Carbon Removal Certificates Matched on Xpansiv’s CBL Spot Exchange

 

NEW YORK, LONDON, SYDNEY — Xpansiv, the leading market infrastructure provider for the global energy transition, today announced the first Puro.earth CO2 Removal Certificates (CORCs) trade matched on the CBL spot exchange. The transaction was for 1,500 vintage 2022 Puro.earth CORCs from the Ekovilla net-negative carbon cellulose insulation project in Finland.

The CORCs were offered on the exchange by project developer EcoUp Oyj, a Finnish supplier of materials, services, and technology to decarbonize the construction industry. The credits were bought by thyssenkrupp Materials Trading GmbH, a global trading and services company, which established a Voluntary Carbon Credit Desk in 2023.

The CEO of thyssenkrupp Materials Trading, Wolfgang Schnittker, stated: “We are very happy to be the first company to trade CORCS on Xpansiv. We see the need for more technical removal credits to take care of our customers’ needs to contribute to the UN’s climate targets.”

“We are pleased to be the first seller of our engineered net-negative cellulose insulation CORCs on CBL,” said Matti Kaski, CEO, EcoUp Oyj. “CBL’s spot exchange enables us to price and sell our carbon removal credits with greater pre-trade transparency and broader market access, which supports a more robust and effective selling process.”

Trading CORCs on CBL’s spot exchange provides benefits of transparent price discovery, equal market access by all participants, the ability to trade with hundreds of counterparties without bilateral agreements as well as prompt settlement and minimized counterparty credit and performance risks. CBL’s global market share of exchange-traded and settled carbon credits and removals has exceeded 90% for each of the last three years.

“We congratulate thyssenkrupp and EcoUp Oyj on the first trade of Puro.earth CORCs on our spot exchange,” said John Melby, CEO, Xpansiv. “Carbon removals are a vital tool that will play an important role in decarbonizing the planet. We are pleased to list CORCs alongside hundreds of carbon and renewable energy credits traded by leading companies to advance and accelerate the global energy transition.”