APX, the leading environmental commodities technology solutions provider, has launched ESGclear, an innovative solution that provides unprecedented transparency for transactions that require ESG reporting, financing, and mitigation across supply chains.
“Reporting requirements are becoming more prevalent and corporates must prove ESG claims at the transaction level,” said APX CEO Joe Varnas. “Evidencing compliance requires a centralized corporate ledger, and ESGclear empowers participants to capture transactions with ESG-linked attributes, proving progress toward increasingly aggressive goals.”
“As the global leader in providing registry and ledger technology for ESG attributes, APX is well-positioned to support ESG-attribute sharing across transactions,” said APX Chief Commercial Officer Brian Fellon. “Whether your firm is voluntarily reporting Scope 3 emissions or preparing for coming regulatory compliance, ESG claims must be proven for every transaction. As opposed to the siloed spreadsheets that have historically hampered progress on this front, ESGclear provides a centralized, interconnected corporate ledger to facilitate accountable, transparent reporting.”
Last month APX was acquired by Xpansiv, the global market-infrastructure platform for environmental commodities. The acquisition brings together two innovators with the technologies and capabilities to empower environmental markets to scale rapidly with liquidity and efficiency.
“Adding APX to our growing digital commodity ecosystem expands our ability to help companies achieve their climate commitments,” said Xpansiv CEO Joe Madden. “ESGclear is an integral part of that vision, providing a clear path to measurable action for Scope 3 emissions.”
To learn more, contact esgclear@apx.com to schedule a demo, or visit apx.com/esgclear.
