Log In | Sign Up

ESG Investing: Sustainability News, Events & Awards

Main Menu

  • Home
  • News
  • Reports
    • Publish a Report
  • Training
  • Events
    • ESG & Defence
    • ESG Expo
  • Awards
    • Investing Awards
    • Carbon Awards
  • Contact

CBA makes $15 million investment in Xpansiv

ESG Investing Tuesday 12 October 2021 09:33 GMT

The Commonwealth Bank of Australia has made a $15 million investment in Xpansiv, the ESG commodities platform.

Xpansiv plans to build Australia’s voluntary carbon market including ESG commodities such as carbon offsets, Renewable Energy Certificates (RECs) and differentiated fuels, and provide a platform for buyers and sellers loking to meet ESG commitments.

Andrew Hinchliff, CBA Group Executive Institutional Banking & Markets, says, “Global and Australian voluntary carbon markets are nascent today, but we expect them to grow rapidly, fuelled by increasing net-zero commitments from companies, rising demand for carbon offsets and more private sources of capital entering the market. Our view is the carbon market in Australia will develop on a voluntary basis, progressively drawing in partners and building critical mass. We are meeting with many other organisations interested in this space and are exploring opportunities where we can work together to help develop and grow Australia’s voluntary carbon market”.

“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. This includes its launch of Australian Carbon Credits Units (ACCU) trading next year as the company continues to build out its platform,”

Categories

Infrastructure

Biodiversity

Carbon

Climate

Companies

Data

ESG Research

Funds

Sustainability & Climate Reports

Vendors

About ESG Investing

ESG Investing is the leading global media platform publishing news and features on ESG and sustainable investing for fund managers, institutional investors and listed companies. ESG Investing is a division of Global Markets Media Ltd.

Get in Touch

ESG Investing, Global Markets Media T: +44 (0)1483 573150
E:[email protected]
A:
ESG Investing
Global Markets Media Ltd
96 High Street
Guildford
GU1 3HE, UK
Copyright © 2025 Global Markets Media

Footer Menu

  • Cookies
  • Disclaimer
Design by Web Design London
7ads6x98y
This website uses cookies to store information on your computer. See our cookie policy for details on how to block cookies.
I am happy to proceed