Worldwide Commodity Partners Limited was a company that sold
carbon credit
Carbon offsetting is a carbon trading mechanism that enables entities to compensate for offset greenhouse gas emissions by investing in projects that reduce, avoid, or remove emissions elsewhere. When an entity invests in a carbon offsetting p ...
s, for which there is no functioning secondary market, at inflated prices and which was wound-up by British regulatory authorities in 2014 in the public interest following an investigation by the
Insolvency Service
The Insolvency Service is an executive agency of the Department for Business and Trade with headquarters in London. It has around 1,700 staff, operating from 22 locations across the UK.
The Insolvency Service administers compulsory company liq ...
. It was one of a web of 13 companies that also included Eco-Synergies Limited that were shut down at the same time.
Worldwide Commodity Partners had been named "Fastest Growing Broker, Western Europe, 2012" in the
World Finance Awards.
Andrew Penman, 11 July 2012, Mirror.co.uk. Archived at archive.org. Retrieved 24 August 2017.
See also
* Tullett Brown
References
External links
*{{cite web, url=http://www.worldwidecommodities.co.uk:80/, archive-url=https://web.archive.org/web/20120708222813/http://www.worldwidecommodities.co.uk:80/, url-status=dead, archive-date=8 July 2012, title=Worldwide Commodities - Award Winning Brokerage Consultants, date=8 July 2012, accessdate=24 August 2017
Financial services companies established in 2011
Financial services companies based in the City of London
Financial services companies disestablished in 2014
Fraud in England