Bloomberg and Viridios Group Complete Strategic Transaction for Viridios AI’s Carbon Credit Data and Analytics
Ownership of the market-leading voluntary carbon credit dataset will transfer to Bloomberg
Bloomberg L.P. (“Bloomberg”) and Viridios Group (“Viridios”) have completed a strategic transaction to enhance the carbon markets data and analytics available to Bloomberg customers. Ownership of the comprehensive voluntary carbon credit projects and resultant pricing and valuation analytics developed by Viridios AI over the past five years will be transferred to Bloomberg. In addition, several members of the Viridios AI team will join Bloomberg as part of the transaction.
Eddie Listorti, CEO of Viridios Group, said: “This agreement with Bloomberg is the culmination of five years of innovative data science, research and analysis by the team at Viridios AI and I would like to acknowledge everyone in the team who has worked to build such a unique and powerful carbon market dataset.”
Emilie Gallagher, Global Head of Commodities, FX and Macro Product said: “We welcome the voluntary carbon credit data, analytics and expertise that Viridios has transferred to Bloomberg, and we look forward to the valuable ways our new colleagues will contribute to Bloomberg’s expansion of offerings in the carbon markets space. Our goal is to maintain innovation and provide our customers with the quality data and insights they need to navigate these rapidly evolving markets.”
About Viridios Group
Viridios Group is a global carbon credit origination, climate services and asset management business focused on carbon markets. Its mission is to mobilise positive action towards net-zero and decarbonisation.
About Bloomberg
Bloomberg is a global leader in business and financial information, delivering trusted data, news, and insights that bring transparency, efficiency, and fairness to markets. The company helps connect influential communities across the global financial ecosystem via reliable technology solutions that enable our customers to make more informed decisions and foster better collaboration. For more information, visit Bloomberg.com/company
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