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Partnerships
Puro.earth and Xpansiv partner to scale up carbon removal credits market
Carbon Management Software
Jul 25, 2023
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Carbon Management Software

Carbon Management Software

Jul 25, 2023

Puro.earth and Xpansiv partner to scale up carbon removal credits market

Partnerships

  • Puro.earth, a Finnish startup offering a B2B carbon trading marketplace and registry for carbon removal credits, has partnered with Xpansiv, a market infrastructure platform for ESG commodities, to list Puro.earth's CO2 Removal Certificates (CORCs) on Xpansiv's spot marketplace, CBL, the largest spot exchange for voluntary carbon credits.

  • The partnership will allow Puro.earth CORCs to be traded on Xpansiv’s marketplace, alongside a wide range of environmental commodities. Puro.earth’s ecosystem consists of 116 carbon removal suppliers, with a further 600 companies in the supplier funnel to become certified. 

  • Analyst QuickTake: Previously, in March 2022 , Puro.earth launched three new commodity reference price indexes in partnership with Nasdaq. The three indexes include CORC Carbon Removal Price Index (CORCX), CORC Biochar Price Index (CORCCHAR), and CORC Bio-based Construction Materials Price Index (CORCWOOD). The indexes track the price of carbon dioxide (CO2) removal from the atmosphere through Puro.earth’s CORCs. 

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