Anew Predecessor Element Markets Racks Up Repeat Category Wins in 2021 Environmental Finance Annual Market Rankings
December 13, 2021
The following information was first published by Element Markets on December 13, 2021 prior to the launch of Anew.
HOUSTON, TX: Element Markets, LLC extended the Company’s winning record in the 2021 Environmental Finance Annual Market Rankings, earning repeat first-place recognition across five categories in Renewable Identification Numbers (RINs), Regional Greenhouse Gas Initiative (RGGI), and California Greenhouse Gas Markets, and capturing runner-up status in additional categories, including Renewable Energy Certificates. The Annual Market Rankings, now in their 22nd year, are drawn from the largest online survey of environmental markets. Survey respondents nominate their picks for top companies based on reliability, quality, efficiency of transaction, and influence.
Element Markets’ 2021 first place and runner-up rankings are summarized as follows, with previous years in which the awards were earned italicized in parentheses:
Renewable Identification Numbers Best Trading Company (2017, 2018, 2019, 2020)
Renewable Identification Numbers Best Advisory (2016, 2017, 2018, 2019, 2020)
North American Markets (RGGI) Best Trading Company (2013, 2014*, 2017, 2018, 2019, 2020)
North American Markets (California) Best Trading Company, Spot & Futures (2013, 2014*, 2016, 2017, 2018, 2019, 2020)
North American Markets (California) Best Trading Company, Options (2013, 2014, 2016*, 2018, 2019, 2020)
North American Markets (California) Best Offset Originator* (2016*, 2018*, 2019*, 2020*)
North American Markets (California) Best Advisory/Consultancy* (2014*, 2015, 2016*, 2017, 2019*, 2020*)
North American Markets (All) Best Advisory/Consultancy* (2014*, 2015*, 2019*, 2020)
Renewable Energy Certificates Best Trading Company * (2020*)
Renewable Energy Certificates Best Advisory* (2020*)
*Indicates runner-up distinction
The 2021 winning rankings cap an exceptional year for Element Markets, which in January announced its majority acquisition by TPG’s The Rise Fund, the world’s largest impact investing platform. Over the 11 months following that announcement, the company has expanded its workforce by greater than 60 percent and realized significant growth across business lines.
Element Markets Vice President of Environmental Products John McDougal remarked, “The past year has made even more clear that we must accelerate our decarbonization efforts using all of the tools available – including low carbon fuels to carbon credits to renewable energy credits – to drive the energy transition and meet the goals of the Paris Agreement. We are honored that our peers and clients have once again designated Element Markets as their top choice within these essential environmental markets and look forward to continuing to empower businesses to do well by doing good.”
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