Xpansiv, a leading provider of market infrastructure for the global energy transition, has teamed up with Vyzrd, an innovator in integrated climate risk analytics, to help companies assess the financial implications of climate risk and navigate evolving climate reporting requirements. This partnership aims to accelerate supply chain decarbonisation and sustainability at scale.
The collaboration will integrate Xpansiv’s extensive environmental commodity market data into Vyzrd’s advanced climate risk and net-zero platform, allowing businesses to quantify and report the financial, strategic, and operational impacts 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. 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,” said Sunil Rana, CEO, Vyzrd.
Currently, over 30 countries, which account for more than 60% of global GDP, have implemented mandatory climate-related financial disclosures for companies and financial institutions.
Ben Stuart, Chief Commercial Officer, Xpansiv said, “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. 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.”
Xpansiv facilitates over one billion environmental commodity transfers annually and supports more than 80% of the carbon credits issued worldwide, alongside a substantial share of renewable energy credits in North America and beyond.
