Platts widens the vintages reflected in Platts CNC

Platts, part of S&P Global Commodity Insights, has extended the vintages reflected in the Platts CNC voluntary carbon credit assessment to include the past six years, 2017-2022, effective Jan. 3, 2023.

The proposal was published Oct. 21 and is available here: https://www.spglobal.com/commodityinsights/en/our-methodology/subscriber-notes/102122-platts-proposes-to-widen-the-vintages-reflected-in-platts-cnc

The decision was published Nov. 30 and is available here: https://www.spglobal.com/commodityinsights/en/our-methodology/subscriber-notes/113022-platts-to-widen-the-vintages-reflected-in-platts-cnc.

Under the change, Platts CNC reflects nature-based credits with vintages from 2017 to 2022 from Jan. 3, 2023.

Under the previous methodology, Platts CNC would have reflected credits with vintages from 2018-2022.

Platts does not publish separate values of different vintages for the CNC assessment, but rather reflects bids, offers, and trades in which a buyer agrees to take any suitable vintages.

Platts is also amending the annual roll of the vintages reflected in its assessments from the first working day of the new year to the first working day of Q3.

The decision note is available here: https://www.spglobal.com/commodityinsights/en/our-methodology/subscriber-notes/113022-platts-to-move-annual-roll-for-reflected-vintages-in-voluntary-carbon-credit-assessments-to-first-working-day-of-q3

On July 3, 2023 when Platts rolls to new vintages, Platts CNC will then reflect vintages from 2018 to 2023.

Please send any feedback to platts_carbon@spglobal.com and pricegroup@spglobal.com.

For written comments, please provide a clear indication if comments are not intended for publication by Platts for public viewing.