Carbon Credits NEWS
Anew Predecessor Element Markets Named Environmental Products House of the Year for a Second Time by Energy Risk
May 6, 2022
The following information was first published by Element Markets on May 6, 2022 prior to the launch of Anew.
HOUSTON, TX: Element Markets has earned repeat recognition as “Environmental Products House of the Year” by Energy Risk, as announced in a May 5 ceremony in Houston, Texas, and on the Energy Risk website. The Energy Risk Awards recognize companies for prudent and innovative energy risk management, innovation, and expertise, and the Environmental Products category further refines those criteria to encompass successful engagement with environmental markets such as renewable natural gas (RNG), carbon offsets, and renewable energy certificates. Only one company, globally, earns this distinction each year following written submissions and judging by the Energy Risk editorial team. The Company first earned Environmental Products House of the Year in 2019, making it the only two-time winner of this award, and has also been awarded Emissions House of the Year an unprecedented five times, including in years 2010, 2014, 2018, 2020 and 2021.
Following a year of continued growth across business lines in 2021 driven by exploding demand, Element Markets further cemented its leadership in environmental markets with its February 2022 merger with Bluesource, backed by TPG Rise. The combined company is now the largest marketer and developer of carbon and environmental credits in North America and one of the largest in the world, and its RNG marketing business now represents over 20% of the U.S. transportation market. The combined company has expanded geographic reach and over 3 million acres of forest under management, offering the scale and breadth to meet the opportunities of a decarbonizing global economy.
“We are at a pivotal moment where businesses, governments, and society at large recognize the size and urgency of the climate challenge, and the need has never been greater for scalable, market-based solutions,” said Angela Schwarz, CEO of the combined company. “Our company is uniquely equipped to guide others along their sustainability journeys, and we are honored to accept this award that validates our leading position in environmental markets and celebrates the expertise and dedication of our employees.”
About Element Markets
Founded in 2005, Element Markets is a leading renewable natural gas marketing and environmental commodities company that applies its diverse expertise to provide structured environmental compliance and optimization services to corporate and institutional clients. The company has a successful track record within the renewable natural gas, low carbon fuels, emissions, carbon, and renewable energy credit markets. As announced in February 2022, Element Markets and Bluesource have combined to form a global decarbonization platform backed by TPG Rise.
Director, Marketing & Communications