Tommy Ricketts, 37, co-founded BeZero Carbon with fellow City analyst Sebastien Cross and launched it in 2022 as an independent research agency that provides bond market-style ratings for carbon credits.
Its researchers include satellite scientists, forestry specialists and geospatial analysts and it rates carbon projects from a AAA through to D, the latter where BeZero believes the project has the lowest likelihood of removing or avoiding a tonne of CO2.
The entrepreneurs raised $75 million in venture capital between 2021 and 2022 on only £400,000 of revenue and last month secured a $32 million round led by GenZero, which is owned by Singapore’s Temasek. BeZero now has 150 customers, from US tech giants through to global banks and commodity and energy broking houses.
It brings