ACX (AirCarbon Exchange) wins Environmental Finance’s Best Carbon Exchange award for fourth consecutive year

Abu Dhabi, Singapore, London, September 23, 2024 –

ACX (AirCarbon Exchange), the leading global environmental markets exchange, is pleased to announce that it has won the Environmental Finance Voluntary Carbon Market Rankings 2024 “Best Carbon Exchange” award. These awards, determined by votes from active carbon market participants, underscore industry recognition. This fourth consecutive win reinforces ACX’s position as a leading provider in environmental market trading.

William Pazos, co-CEO and co-Founder of ACX, said, “The EF award is the most coveted prize in our business.  It is an honour to once again receive this accolade from our peers. I believe it is a testament to our unwavering commitment to substance over rhetoric and quality over expediency. We remain committed to connecting the world’s global environmental markets while innovating and pushing markets to new heights.”

ACX extends its heartfelt thanks to the voters whose support made this award possible. The exchange deeply appreciates the trust placed in it by the market, which continues to inspire its commitment to excellence in the voluntary carbon market (VCM). ACX also recognises Environmental Finance for providing a platform that highlights significant advancements in the sector. The recognition from such a respected voice in the industry affirms the importance of the VCM in global decarbonisation efforts.

Additionally, ACX is profoundly grateful for the support of Mubadala, whose partnership has been instrumental in driving the exchange’s growth and success.

Lastly, ACX acknowledges the relentless dedication of its team. Their professionalism, integrity, and tireless efforts have consistently pushed the boundaries of what is possible, delivering ever-improving service to clients. The collective drive for excellence has resulted in a year marked by global expansion and the forging of new, impactful partnerships.

• September 2023: ACX is the technology provider for Indonesia’s carbon exchange hosted and operated by the Indonesia Stock Exchange (IDX) after a competitive Request for Proposal process.
• December 2023: ACX partnered with B3 to streamline carbon market access to Brazilian companies seeking to reach their net zero goals.  The partnership will leverage ACX’s proprietary exchange technology and established leadership in the carbon market and B3’s position as the largest financial exchange in Latin America.
• May 2024: ACX and Trayport collaborate on I-REC settlements, facilitating over 21,000 MWh in trades, contributing to 450,000 MWh settled in six months. This partnership offers global reach, leveraging Trayport’s technology with ACX’s regulated framework, ensuring cost-effective, efficient settlements while reducing counterparty risk for traders.

This award stands as a testament to the hard work and resilience of the ACX team, whose contributions have laid the foundation for even greater achievements in the future.

Learn more about this year’s Voluntary Carbon Market Rankings and ACX’s win in this article by Environmental Finance.

About the ACX Group:

ACX (AirCarbon Exchange) Group is an award-winning environmental product exchange and technology group. It serves corporates, financial traders, carbon project developers, and other industry stakeholders, offering an efficient, transparent, and cost-effective trading platform that leverages distributed ledger technology to foster the growth of environmental product markets in line with global Net Zero goals.

ACX Group is proud to be a member of the International Emissions Trading Association (IETA) and the International Sustainability and Carbon Certification (ISCC), reinforcing its commitment to sustainable and responsible carbon and environmental product trading. It has been recognised as the Best Global Carbon Exchange by Environmental Finance’s prestigious Voluntary Carbon Market Rankings for fourth consecutive years (2021, 2022, 2023, 2024), establishing itself as an industry leader.

For more information, please contact [email protected] or visit www.acx.net

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ACX:

Serene Lim-Allison           
Email: [email protected]