Net Zero Business Leader, Lord John Browne, joins Carbonplace as Chairman to Open Carbon Markets to the World

London, 14th February 2024

Carbonplace, the global carbon credit transaction and distribution network, proudly announces the appointment of John Browne, Lord Browne of Madingley, as Chairman of Carbonplace.

Headquartered in London and developed by nine of the world’s foremost financial institutions*, Carbonplace fundamentally transform how carbon credits are bought, sold, held and retired, by providing a hub of connectivity to registries, data providers and other key participants in the market.

As Chairman, Lord Browne will lead the company’s board and oversee the strategic vision of Carbonplace to deliver the trust, transparency and accessibility required to open the carbon markets to the world and accelerate global climate action.

Lord Browne holds extensive leadership experience in pioneering roles including Founder BeyondNetZero, now General Atlantic’s climate growth equity fund, and formerly Group Chief Executive Officer of British Petroleum (BP), where he is best known for his transformative efforts to improve the environmental impact of its business practices. He has also served on the board of organisations including Goldman Sachs, Intel and Daimler Benz.

“For the future of humanity, everything we do must be orientated towards achieving net zero. I look forward to supporting Carbonplace in its mission to provide trustworthy, transparent and accessible carbon markets to facilitate the transition to a net zero economy.” – Lord Browne, Chairman of Carbonplace

“We are delighted to welcome Lord Browne as Chairman of Carbonplace. His wealth of knowledge and expertise will be instrumental to the ongoing development of Carbonplace as we work to achieve our potential to drive transformative economic and social value through opening the carbon markets to the world.” – Scott Eaton, CEO, Carbonplace

* BNP Paribas, BBVA, CIBC, Itaú Unibanco, National Australia Bank, NatWest Group, SMBC, Standard Chartered, and UBS

Notes to Editors 

Carbonplace Limited is a global carbon credit transaction network headquartered in London and developed by nine of the world’s foremost financial institutions. 

The fintech fundamentally transforms how carbon credits are bought and sold by allowing simultaneous settlement of carbon credits, with immediate transfer of ownership upon payment – ensuring robust reporting and traceability during the entire carbon credit transfer process and is available to clients of financial institutions wanting to deliver secure and transparent access to the carbon markets.

Building on its member banks’ highly regulated and standardized compliance frameworks, Carbonplace ensures transparent and simple customer-to-customer transactions by enabling frictionless counterparty due diligence and onboarding.  

The voluntary carbon market has a critical role in supporting the transition of corporations to net zero greenhouse gas emissions, as part of their climate action strategies. Carbon credits can be used by corporations looking to compensate for emissions that they cannot reduce or remove. The credits fund high-quality projects that remove such emissions from the atmosphere.

Media Contact 

Zoë Fillingham, Account Director, Browning Environmental Communications
Email: zoe@browningenvironmental.com
Phone: +44 7285 228 571