Anew Predecessor Element Markets Named Environmental Products House of the Year for a Second Time by Energy Risk
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.”
The complete list of 2022 Energy Risk Award winners is available here. An interview with CEO Angela Schwarz coinciding with this year’s award is available at this link.
