STX Group supports corporates prepare for the next phase of renewable electricity claims

AMSTERDAM (September 22, 2026) — STX Group, a global leader in environmental commodities and climate finance, is taking a lead in assisting energy buyers prepare for an expected significant shift in corporate renewable and low-carbon electricity accounting. As the Greenhouse Gas Protocol considers revisions to Scope 2 guidance, the rules underpinning corporate renewable electricity claims are likely to move toward more granular matching, including hourly supply and closer geographic alignment.

Definition of “100% renewable electricity” is changing and achieving credible claims across markets that are evolving at different speeds is becoming more complex. Working across the renewable energy landscape along with the corporates, producers, platforms, registries and standard-setting organizations allows STX Group to prepare for market readiness and support companies move from annual renewable electricity procurement toward more precise, transparent and actionable approaches. While large tech firms and hyperscalers have taken the lead in granular energy trading, corporates in other sectors are also showing interest in shifting towards hourly and geographic matching.

With a long-standing position in renewable and low-carbon electricity trading, STX Group has built significant experience and positioning on the market. Despite the early stages of the journey towards granular certificate trading, the firm traded 8 TWh of hourly supplied certificates across 20 regions globally in the last 12 months; an equivalence energy demand of approximately 2 million European homes.

STX Group has established partnerships with leading accredited platforms to provide end-to-end service of 24/7 matching for clients. In parallel, the company has developed relationships with registries worldwide, positioning STX as a comprehensive market partner for global buyers of renewable electricity seeking to adapt to stricter reporting expectations.

“The proposed Scope 2 revisions are more than a reporting update; they signal a fundamental shift in how companies will need to demonstrate the credibility and impact of their renewable electricity strategies,” said Max van Meer, Global Head of Renewable Energy and Managing Partner at STX Group. “For global energy buyers, granular matching creates both a challenge and an opportunity: it raises the bar for transparency while giving companies a more accurate way to align procurement with real-world decarbonization. We at STX help our clients turn this transition into a practical roadmap, combining market access, registry expertise and procurement solutions that can support credible claims across jurisdictions.”

As hourly matching and geographic proximity emerge as possible outcomes of the proposed Scope 2 revisions STX Group has worked with more than 50 corporates to assess their potential implications.The company is actively contributing to the development of workable standards and practical market infrastructure and works with CRS, RECS Energy Certificate Association and other leading organizations, collaborating on standard setting and market readiness, contributing to industry consensus and supporting a smooth and effective transition toward granular matching when applicable.