Our client’s challenge: reducing their carbon footprint with confidence
A global corporation aimed to reduce its carbon footprint by buying Renewable Natural Gas (RNG) attributes through Renewable Thermal Certificates (RTCs) in the US.
But as a newcomer to the environmental commodities market, our client faced challenges navigating the complexities of sourcing, pricing and auditing these certificates.
Our approach: mitigating risk in keeping with our client’s processes
To help with this, we advised on market dynamics and pricing strategies. We secured a stable price for the volatile RTC commodity, adapting to the client’s internal procurement process.
By holding the price as long as possible, we helped mitigate the risk of price fluctuation during the approval cycle.
To meet our client’s reporting and compliance needs, we also used Marex’s MRETs tracking platform – a registry for tracking and retiring renewable thermal certificates in compliance and voluntary markets – to manage the RTCs lifecycle.
Outcome: transparent, compliant and scalable carbon offset strategy
As a result, we could provide full documentation to support the retirement and audit of certificates, ensuring full transparency and traceability to help our client meet their sustainability goals with confidence.
