Carbon ratings agency BeZero Carbon and market infrastructure provider Xpansiv have announced an expansion of their partnership, aimed at increasing access to BeZero’s carbon project ratings across Xpansiv’s platforms.
Under the enhanced collaboration, BeZero’s headline ratings will now be integrated into Xpansiv Connect™, a portfolio management system, and CBL, the world’s largest spot carbon exchange. The ratings will also be available on partner exchanges including the JSE Ventures Carbon Market and the Aviation Carbon Exchange (ACE), and offered as an optional feature for third-party exchanges using Xpansiv’s trading technology.
This development builds upon the companies’ existing cooperation, which had already incorporated BeZero’s ratings into Xpansiv’s Data and Analytics services, providing daily price assessments and historical data.
The move is expected to significantly improve transparency in voluntary carbon markets by helping investors assess the quality of carbon credits. BeZero’s ratings, which range from AAA (highest likelihood) to D (lowest), offer a risk-based analysis of a carbon project’s capacity to avoid or remove one tonne of CO₂ equivalent.
Tommy Ricketts, Co-founder and CEO of BeZero Carbon, said: “We’ve partnered with Xpansiv for almost three years now, and we’re proud to be deepening our relationship to deliver the BeZero Carbon Rating across its trading and portfolio management platforms. Ratings are essential to the functioning of carbon markets… This partnership will further expand access to our ratings, helping even more market participants make informed climate decisions.”
Nathan Rockliff, Chief Strategy Officer at Xpansiv, added: “Providing BeZero’s headline ratings will be a natural extension of our aggregated market view for carbon market participants.”
The collaboration also paves the way for future integration of Xpansiv’s pricing data into BeZero’s own platform, BeZero Carbon Markets, further enhancing analytical capabilities for market stakeholders.