Saturday, July 20, 2024
ACX Collaborates with Carbon Offset Certification to Certify Environmental Claims
  SocialTwist Tell-a-Friend  

ABU DHABI, UAE and GENEVA, May 30, 2023 /PRNewswire/ --  ACX Ltd, the UAE-based global exchange revolutionizing the voluntary carbon market, and Carbon Offset Certification (COC), the Swiss-based certification protocol for carbon neutral commodity transactions, products, or services, have agreed to collaborate to  support the commodity industry on its journey to carbon neutrality.

By partnering with COC, ACX's commodity, aviation and shipping members will be able to benefit from COC's targeted approach to their respective sectors.

COC provides certification of credible environmental claims for commodities, products, or services.  It involves calculating the carbon footprint (based on recognized GHG accounting standards), verifying the results through a qualified verification body (such as Bureau Veritas), and mitigating the emissions with quality carbon credits that companies can purchase and retire via carbon markets access providers like ACX.

ACX's clients will therefore benefit from this extra layer of certification to ensure all their offset practices and environmental commitments are being carried out to the highest standards.

Henri-Jean Bardon,  Director of Biofuels Platform of ACX, said,  "As ACX is growing and expanding both geographically and in product offerings, it is important for us to keep transparency top of mind and further support customers in making carbon neutral portfolios. The collaboration with the Carbon Offset Certification initiative is a key step in this direction and showcases our commitment to additional layers of verification and certification in all aspects of our platform and services."

Paul Sébastien, CEO of Carbon Offset Certification,  said, "As the demand for carbon offset certified products and services is growing fast, efficient access to carbon market is essential for companies. COC is thrilled to collaborate with ACX, leading global carbon exchange, to facilitate companies' journey to decarbonation."

The two companies, ACX and COC, have a shared goal to collaborate to offer complementary services for efficient carbon markets access and solutions to communicate environmental action in a credible and robust manner.

About the AirCarbon Exchange Group:  
ACX (formerly AirCarbon Exchange) includes ACX Ltd. and AirCarbon Pte. Ltd., operates environmental exchanges in Abu Dhabi and Singapore respectively, catering to corporate entities, financial traders, carbon project developers, and other industry stakeholders. ACX provides participants with an efficient and transparent trading platform that is user-friendly, seamless, and offers the lowest transaction fees in the market. Leveraging distributed ledger technology, ACX facilitates the scalable growth of the environmental product markets to align with global ambitions of achieving Net Zero.

ACX is proud to be a member of the International Emissions Trading Association (IETA) and the International Sustainability and Carbon Certification (ISCC), further enhancing its commitment to sustainability and responsible carbon and other environmental products trading practices. ACX has garnered international recognition as the Best Carbon Exchange globally in Environmental Finance's esteemed Voluntary Carbon Market Rankings for two consecutive years (2021, 2022), solidifying its position as a leader in the industry.

For more information, please contact  or visit

About Carbon Offset Certification:

Carbon Offset Certification  is a global, Swiss-based and independent initiative that certifies  Commodity  transactions (from 'cradle-to-gate' or 'cradle-to-grave'),  Products  ('cradle-to-shelf' life-cycle) or  Services  (e.g., logistics solutions) through a third-party assured process of the quality of calculations and offsets of GHG emissions.

Carbon Offset Certification supports the industry in the journey towards carbon neutrality.

For more information, please


Cision View original content:

More News by PR Newswire India


Kushal's Fashion Jewellery Festive Collection, adorned by Tara Sutaria, beautifully combines glamour and elegance

Unilumin Group Signed an Agreement with Saudi Arabia in the Third Belt and Road Forum for International Cooperation

Transport Corporation of India Ltd. (TCI Group) has been recognized as a Maritime Excellence Achiever at GMIS 2023 by The Ministry of Ports, Shipping & Waterways on 19th October 2023

Bitget Introduces 'Futures Quant' With AI Features

Bitget's Q3 Growth: Second-Highest Market Share Surge and Record High for BGB Holders

HarperCollins Publishers India is proud to announce the publication of SPREADING JOY: How Joyalukkas Became the World's Favourite Jeweller by Joy Alukkas with Thomas Scaria and Nidhi Jain

Go Global or Go Home: New Report Reveals Companies Lacking Global Presence Will Lose Growth Opportunities

MOVIN rolls out the second phase of Electric Vehicles in Bengaluru paving the way for greener deliveries in logistics

Motilal Oswal Financial Services Ltd. (MOFSL) launches #CorporateMushaira, an audio-first campaign for the World Investor Week

UBBF 2023 Intelligent IP Network Summit in Dubai an Impressive Success

Placing Them Right: IBS Path to MBA Career Success

HDFC ERGO reiterates its commitment on making health insurance Accessible, Affordable and Convenient with launch of 6 new products and 2 service upgrades

capSpire expands its global footprint with entry into the Singapore market

GTPL Hathway records its highest quarterly revenues from operation

CCTV+: International reporters experience the romance and vitality of Hangzhou, China

STL expands its Enterprise Networking solution portfolio with Estelan

Mantittude: Skincare for Men encourages men to unleash their inner 'Pataka' this Diwali

The 134th Canton Fair Opened with Optimized Structure and Upgraded Scale


Ugreen unveils power solutions and personal data storage at the Gitex Trade Show in United Arab Emirates.

Meridean Overseas Education Consultants Announces Half-Day Leave to Celebrate India vs. Pakistan Cricket Match

Xinhua Silk Road: Huai'an, UNESCO creative city of gastronomy, explores innovative dev. of food industry via premier regional food expo

Xinhua Silk Road: Fengxin County in E. China's Jiangxi celebrates bountiful harvest of kiwifruit

Casio to Release G-SHOCK Watches with Shining Metallic-Colored Dials

UEG Week 2023 : Babies with a low birthweight four times more likely to develop fatty liver disease in later life

CGTN: Diffusion of tea and its culture along the Silk Road

NEOM announces Leyja, its latest sustainable tourism destination

Expand North Star 2023 kicks off in Dubai gathering game-changing start-ups to accelerate on global stage

World Health Summit kicks off in Berlin

Hexaware Technologies announces new office in Dehradun to bolster its global delivery network

Chinese automotive industry has overtaken to supercars

Participants of the Made in Russia business mission to India held more than 150 negotiations with local importers and distributors

Rummy Passion Raises the Bar: Instant Withdrawals Now Available for All Tiers

Bangladesh unrest: 40 medical students e...
'For people's convenience': Haridwar DM ...
Cochin Shipyard delivers 15th electric h...
Tripura: BSF assists return of Indian st...
'Kamma community respects and shows a lo...
Uttarakhand Chief Secretary directs to e...
 Top Stories
Mahrang Baloch demands immediate re... 
Ishaan Khatter recalls working in '... 
Karan Johar has this to say about h... 
44 people rescued and shifted to sa... 
BSF recovers China-made drone in Pu... 
Janhvi Kapoor expresses gratitude a... 
Acharya Pramod Krishnam sends legal... 
Srinagar's Downtown Heroes FC jerse...