BeZero Carbon, a global carbon ratings agency, and Xpansiv, a leading market infrastructure provider for environmental commodities, have announced an expanded partnership aimed at improving access to high-quality carbon market data.
The collaboration will now integrate BeZero’s headline carbon ratings into Xpansiv Connect, a portfolio management system, and CBL, the world’s largest spot carbon exchange, according to a joint statement on Wednesday.
This expansion builds on the companies’ existing relationship, which already brought BeZero’s ratings into Xpansiv’s Data and Analytics daily pricing service and historical datasets.
The enhanced integration will now make these ratings visible on Xpansiv’s partner exchanges, including JSE Ventures Carbon Market and the Aviation Carbon Exchange (ACE).
Additionally, third-party market operators using Xpansiv’s trading technology will be able to add BeZero ratings as an optional feature.
Relevant: BeZero Highlights Carbon Credit Quality Concerns In CORSIA Market
BeZero’s carbon ratings use a standardized, risk-based system—ranging from AAA (highest likelihood) to D (lowest likelihood)—to evaluate a carbon project’s effectiveness in avoiding or removing one ton of carbon dioxide equivalent (CO2e).
This system is designed to help investors and market participants make better-informed decisions by understanding the relative quality and impact of carbon credit projects.
The expanded partnership aims to broaden the reach of these insights, giving more stakeholders the tools to direct capital toward the most impactful climate solutions.
It also sets the stage for future collaboration, including plans to integrate Xpansiv’s market pricing data into BeZero’s own platform, BeZero Carbon Markets.
Making BeZero’s ratings more widely available will allow even more market participants to make informed climate decisions, Tommy Ricketts, CEO of BeZero Carbon, said.
BeZero’s ratings are a valuable addition to the Xpansiv ecosystem, furthering the mission to provide transparent, reliable data to environmental market participants worldwide, Nathan Rockliff, Chief Strategy Officer at Xpansiv, added.