Platts proposes inclusion of CNC, Household Devices in Platts-Viridios CARBEX indices

S&P Global Platts is proposing to expand the price assessments used to generate the Platts-Viridios CARBEX indices to include the Platts CNC and Platts Household Devices Current Year carbon credit assessments from April 1.

Platts first launched the CARBEX indices in partnership with Viridios AI on Aug. 23, 2021 in a subscriber note available here: https://www.spglobal.com/platts/en/our-methodology/subscriber-notes/082321-platts-launches-six-new-carbon-credit-indices-powered-by-viridios-ai

The six Platts-Viridios carbon credit indices reflect different types of voluntary carbon credits and bring transparency to the complex co-benefits markets.

Currently the CARBEX indices are generated by Viridios' AI technology using the following inputs:

• Platts Dated Brent ($/b)
• Platts TTF Mo1 ($/MMbtu)
• Platts CEC ($/mtCO2e)
• Thermal Coal CFR West Coast India ($/mt)
• Dow Jones Sustainability World Index TR
• S&P Green Bond Index

Platts is proposing to add the Platts CNC ($/mtCO2e) and Platts Household Devices Current Year ($/mtCO2e) to this basket from April 1. This will bring the total number of inputs to eight.

Platts and Viridios review the inputs and outputs periodically to ensure the indices remain relevant and invite feedback on the suitability of the published indices. Benchmark inputs have been chosen based on an AI-driven analysis of the strongest correlations with value changes across the carbon complex.

This proposal affects the following assessments:

Please send any feedback to Platts_Carbon@spglobal.com and pricegroup@spglobal.com by Feb. 25.

For written comments, please provide a clear indication if comments are not intended for publication by Platts for public viewing. Platts will consider all comments received and will make comments not marked as confidential available upon request.