EcoSecurities
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| EcoSecurities | |
| Founded | 1997 |
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| Headquarters | Dublin |
| Key People | Bruce Usher, CEO |
| Corporate Website | www.EcoSecurities.com |
EcoSecurities originates, develops and trades carbon credits around the world. The firm creates and develops greenhouse gas emissions reduction projects through the Kyoto Protocol with both buyers and sellers of credits.
The company works with companies in developing and industrializing countries to create carbon credits from projects that reduce emissions of greenhouse gases. It has worked on projects dealing with renewable energy, agriculture, urban waste management and forestry. EcoSecurities, with offices in more than 20 countries on five continents, has executed transactions in both public and private sectors for buyers in North America, Europe and Japan.[1]
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History
Founded in 1997, the firm was designed to provide finance expertise on projects that reduce greenhouse gas emissions. Early on, the firm worked on certification systems, advising governments and agencies on a regulatory framework, developing methodologies for CDM projects as well as identifying and developing projects and CDM development project for stakeholders.[2]
EcoSecurities floated on the Alternative Investment Market (AIM) of the London Stock Exchange (ticker Eco.L) on December 13, 2005, raising €80 million. In June 2007, the company conducted a second round of financing, raising an additional €100 million to drive an expansion into new market segments. As part of this capital raising. Credit Suisse made a strategic investment of approximately €44 million in EcoSecurities, equalling 9% of issued share capital.[3]
News
EcoSecurities has been a key player in greenhouse gas offset and project market. It developed the world's first Clean Development Mechanism (CDM)project to be registered under the Kyoto Protocol and first to receive issued credits.
- EcoSecurities announced on March 20, 2009 that it made its first APX transfer of [Voluntary Carbon Units]] (VCUs) to The CarbonNeutral Company based on the registration and issuance of VCUs from a wind project in India.[4]
Products and Services
Key People
Mark Nicholls, non-executive chairman
Bruce Usher, CEO - (He announced in March 2009 he would step down from the post.)
Pedro Moura Costa, president
James Thompson, chief financial officer
Adrian Fernando, chief operating officer
Tom Byrne, non-executive director, senior independent director
References
- ↑ Who we are. EcoSecurities.
- ↑ Company history. EcoSecurities.
- ↑ Company history. EcoSecurities.
- ↑ EcoSecurities announces first APX Registry transfer of Voluntary Carbon Units. EcoSecurities.
