LONDON – Viridios Group (“Viridios”) has become a member of the International Emissions Trading Association (IETA), the leading non-profit business association working to establish a functioning carbon market.
IETA members include standards and registries, industry, consultants, energy and power providers, law firms and financial institutions. Along with technology providers, carbon brokers and traders such as Viridios Group.
“We are delighted to be joining IETA at this important stage in the carbon market’s development. As the world continues its push towards net-zero, it’s vital we have transparent, effective and high integrity systems in place to ensure we meet our climate targets,” says Viridios Founding Partner and Group CEO, Eddie Listorti.
“Through our technology arm, Viridios AI, we continue to play a role in developing the voluntary carbon market by improving transparency around carbon credit pricing, valuation and project analytics.”
“We are also dedicated to helping ensure the creation and sale of high quality carbon credits through our climate finance business, Viridios Capital. From assisting organisations with their origination and trading requirements to helping them manage their carbon investments, we’re committed to playing our part in ensuring carbon is a high integrity asset class.”
Viridios Group’s IETA membership comes after the company took out six accolades in this year’s Environmental Finance Voluntary Carbon Market Rankings, including Best Market Innovation for Viridios AI. Viridios Capital also came runner up in:
- Best Advisory/Consultancy
- Best Project Developer (Overall)
- Best Trading Company
- Best Corporate Offsetting Programme; and
- Best Initiative.
“As we continue to build and grow our organisation, we are determined to help play our part in the development of an emissions trading regime that results in real and verifiable greenhouse gas emission reductions,” Listorti says.
Viridios Group CEO Eddie Listorti is available for interviews.
Contact: Tom Godfrey | +61 (0)477 486 095 | [email protected]
Viridios Capital (viridioscapital.com), a Viridios Group company, is a specialist climate change investment manager founded in 2019. It has two main activities: Capital Markets: Advisory, managed accounts, registry and risk management, trade execution, and structured products and Origination: Focussing on sourcing carbon credits in the primary markets and generating low term customer value by working directly with project developers. It is headquartered in Sydney, Australia and holds Australian Financial Services Licence #521837.
Viridios AI (www.viridios.ai), a Viridios Group company, is committed to improving the value discovery around carbon projects to allow capital to flow more freely into the complex carbon markets as the world seeks to meet its climate and net-zero targets. Its mission is to bring robust valuation methodology and instruments found in all other commodity markets, to this critical asset class and to help clients future-proof their carbon offset strategies. The VAI platform provides access to Viridios AI’s market-leading modules, Valuation Risk Engine (VRE) and MARKS, providing subscribers with a full suite of carbon market intelligence on a single dashboard.
The International Emissions Trading Association (IETA) is a non-profit business organisation created in June 1999 to establish a functional international framework for trading in greenhouse gas emission reductions. IETA aims to achieve our mission by using our expertise to: promote carbon market and pricing solutions to climate change; help design effective rules for market operation and integrity; and provide the most up-to-date and credible information on greenhouse gas emissions trading and market activity.