9.5 C
London
Friday, March 29, 2024
HomeBankingCBA: Enters partnership with Xpansiv

CBA: Enters partnership with Xpansiv

Date:

CBA: Enters partnership with Xpansiv

  • CBA and Xpansiv Ltd., the global marketplace for ESG commodities entered a Strategic Relationship AgreementĀ 
  • Made a $15 million investment in Xpansiv as part of the agreement, which focuses on opportunities including enhancing liquidity
  • Helping clients in all sectors of the economy to transition and achieve their sustainability targets was a core pillar of the bankā€™s strategy
  • Global and Australian voluntary carbon markets are nascent but expect them to grow rapidly
  • Xpansiv has built a leading marketplace for ESG commodities, and we are pleased to be able to invest in the next phase of its growth
  • Xpansiv is the worldā€™s liquidity hub for ESG-inclusive commodities such as carbon offsets, Renewable Energy Certificates (RECs)

Related stories

Tide names former SVP George Schmidt as new regional CEO for UK and Europe

George Schmidt, formerly the senior VP of marketing...

UK paytech Volopa partners ClearBank to expand its SME banking services

London-based paytech Volopa has partnered with embedded banking...

Digital identity specialist Signicat acquires Icelandic counterpart SmartWorks

Signicat, a European provider of digital identity solutions,...

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from up to 5 devices at once

Latest stories

spot_img