ACT
Sector | Software | Sustainability |
HQ | Netherlands |
Deal type | Shareholder Reorganisation |
Date | 2018 |
Web | actcommodities.com |
Press Releases
Established in 2009 to facilitate the new trading opportunities arising from the EU Emissions Trading System (“ETS”), ACT helps businesses worldwide to rapidly, and cost-effectively, reduce their carbon footprints through buying and selling environmental commodities (i.e., carbon credits generated through high-impact projects) for compliance and voluntary purposes. The strong demand for such service has led the business to grow rapidly in terms of clients, turnover and product range, with offices now located in Amsterdam, New York, Paris, Shanghai and Singapore.
The company works closely with industry leaders like CDP, the Greenhouse Gas Protocol, the International Emissions Trading Association, and the International Carbon Reduction & Offset Alliance, serving over 5,000 counterparties globally.
Three Hills fully exited the business in July 2021, following a minority investment from Bridgepoint valuing the company at over $1bn.