The collaboration integrates real-time EU, UK, Swiss and CORSIA carbon allowance pricing into Azzera's Celeste platform, helping aviation operators manage emissions and compliance costs.
Azzera Inc. and Vertis Environmental Finance have entered into a cooperation agreement that gives aviation operators direct access to daily carbon market pricing via Azzera's digital sustainability platform, Celeste. Under the partnership, Vertis will supply Azzera with indicative price data for EU allowances (EUA, EUAA), Swiss and UK allowances, and CORSIA-eligible units.
The collaboration aims to improve transparency around the cost of compliance for airlines and business aviation operators. By integrating Vertis’ data directly into Celeste, users have a transparent view of market conditions, enabling them to monitor market fluctuations, assess the timing of potential purchases and better understand the financial impact of emissions under compliance schemes.
“This agreement is a game changer for operators using Azzera's Celeste,” says Puja Mahajan, CEO of Azzera. “Providing reliable pricing directly within Celeste helps operators make timely decisions and mitigate exposure to price movements.”
In addition to receiving pricing data, Azzera's clients can benefit from Vertis trading services, enabling them to meet their regulatory obligations cost-effectively. Mark Latimer, head of aviation services at Vertis Environmental Finance, adds: “Monitoring daily price data is important for operators that are active in the market for evaluating their exposure. We look forward to collaborating with Azzera as it expands access to structured compliance markets.”
