UG Group

What UG Group does

UG Group is a privately held environmental technology firm headquartered in London, operating an integrated platform that addresses structural deficiencies in the Voluntary Carbon Market. The company is organised around three wholly owned subsidiaries: Carbon Plant, which operates what is described as the world's only Financial Services Authority-regulated carbon exchange enabling forward selling, long-term contracts, and blockchain-verified trading of high-integrity carbon credits; UG World, an enterprise decarbonisation advisory providing process design, infrastructure optimisation, and circularity strategy consulting; and Wellman International, a European producer of recycled polyester (rPET) fibre serving home furnishings, hygiene, automotive, and apparel industries, acquired in September 2025.

The underlying technology combines an independent blockchain-based registry providing full lifecycle visibility for every credit, science-backed registration methodologies, and a claimed sub-6-month registration process versus industry-standard timelines. Data is hosted on AWS in the eu-west-2 (London) region, and the company's trust-first approach publishes all data for public access to differentiate against opaque market participants.

The business model spans three revenue streams: transaction fees from carbon credit trading on Carbon Plant, professional services fees from enterprise decarbonisation advisory through UG World, and hardware sales of recycled polyester fibre through Wellman International. Go-to-market is enterprise field sales targeting large corporations and mid-market companies seeking decarbonisation solutions, distributed through direct engagement, expert consultation, and partnership inquiries. The company reports 1-10 employees and serves customers primarily in the UK and Ireland, with the Wellman International subsidiary extending the operational footprint into broader European industrial markets.

Name

UG Group

Legal name

UG World Ltd

Website

https://ug.world

Company type

Private

Operating status

Operating

Headcount range

1–10 employees

Short description

UG Group is a London-based environmental technology firm operating an integrated carbon platform — comprising the FSA-regulated Carbon Plant exchange, a blockchain registry, the UG World decarbonisation advisory, and rPET fibre producer Wellman International — serving enterprise and mid-market customers across the UK and Europe.

Ownership category

akta.pro rank

Product category

Carbon Market Infrastructure & Environmental Technology

NAICS

Environmental Consulting Services (541620), Custom Computer Programming Services (541511)

akta.pro primary industry

Market Access, Connectivity & Trading Technology (APIs, OMS/EMS, FIX connectivity, venue gateways) (EUABAAAF)

akta.pro secondary industries

Tokenization, Digital MRV-Linked Credits & On-Chain Carbon Infrastructure (Digital assets, provenance) (EUABAAAE), Credit Issuance, Serialisation & Retirement Assurance (Registry Integrity Checks) (EUABACAM), Carbon Offtake Structuring & Contracting (ERPA, Long-term Offtakes, Price Floors) (EUABADAE), ESG/Sustainability Reporting & Disclosure Platforms (EUABAEAB)

Keywords

• Carbon credit exchange
• Voluntary carbon market
• Decarbonisation advisory
• Blockchain carbon registry
• Recycled polyester fibre

Headquarters

HQ city

London

HQ country

United Kingdom

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Supply Chain

Revenue model

1. Carbon Exchange Trading: Trading of carbon credits through the regulated Carbon Plant exchange platform, enabling forward selling and long-term contracts for high-integrity credits.
2. Enterprise Decarbonisation Advisory: Advisory services provided through UG World for enterprise decarbonisation including process design, infrastructure optimisation, and circularity strategies.
3. rPET Fibre Sales: Wellman International generates revenue from transforming post-consumer PET waste into high-performance recycled polyester fibre products sold across various industries.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Core offering

UG Group operates an integrated environmental technology platform combining a regulated carbon credit exchange (Carbon Plant), an independent blockchain-based carbon credit registry, and enterprise decarbonisation advisory services (UG World). It also owns Wellman International, which manufactures recycled polyester (rPET) fibre from post-consumer PET waste for industrial customers.

Product overview

UG Group is a parent company operating a platform-plus-subsidiaries architecture for carbon markets and sustainability. The portfolio consists of three distinct brands: Carbon Plant (the world's only FSA-regulated carbon exchange enabling forward selling, long-term contracts, and blockchain-verified trading of high-integrity carbon credits), UG World (enterprise decarbonisation advisory), and Wellman International (recycled polyester fibre production). The integrated platform combines a regulated exchange, an independent blockchain registry, and advisory services to help businesses decarbonise with trust and transparency.

Differentiator

Problem solved

Functional benefit

Brands

• Carbon Plant: The world's only FSA-regulated carbon exchange, enabling forward selling, long-term contracts, and verifiable trading of 'hard' carbon credits powered by blockchain transparency.
• UG World
• Wellman International

Products and services

• Carbon Plant

Quantifiable outcome

• Carbon credits registered in under 6 months (vs industry-standard delays)
• +1 more outcomes

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Scale indicators2 records

Recent moves5 records

Expansion highlights5 records

Emerging players

• Persefoni: Cloud-based carbon accounting and climate management platform for enterprises. Partial overlap on the enterprise decarbonization layer, though narrower in scope than UG World's full advisory platform.
• Flowcarbon: Blockchain-based carbon credit infrastructure and tokenization platform. Comparable in the on-chain carbon credit tokenization and provenance layer where UG's independent blockchain registry operates.
• Sweep: Carbon management and data platform serving mid-market corporates. Comparable buyer-side peer to UG World for enterprise carbon management and accounting workflows.

Direct peers

• Verra: Operator of the world's largest voluntary carbon market registry and standards body (VCS). Directly comparable to UG Group on the registry and credit-issuance infrastructure layer; the difference is that Verra is a non-profit standards organization whereas UG combines registry with a regulated exchange.
• Gold Standard: Voluntary carbon market standards body and registry for high-integrity climate and sustainable development credits. Comparable to UG's registry and methodology-validation capabilities, with similar emphasis on credit integrity and full-lifecycle traceability.
• AirCarbon Exchange: Dubai-based carbon exchange operating a regulated, blockchain-enabled trading platform for voluntary carbon credits. Closely comparable to Carbon Plant on regulated exchange + on-chain infrastructure pairing.
• Climate Impact X: Singapore-based carbon exchange backed by DBS, SGX, Standard Chartered and Temasek. Directly comparable to Carbon Plant as a regulated-grade carbon exchange with trading of high-integrity credits and digital provenance.
• South Pole Group: Large developer and advisory of carbon projects and corporate decarbonization solutions. Comparable on both advisory (UG World) and project development/origination sides of the VCM stack.
• Patch: API-based carbon credit marketplace connecting businesses to high-quality offsets; comparable as an infrastructure/data layer for carbon credit distribution and a buyer-side competitor to UG's exchange and registry stack.
• Watershed: Enterprise carbon accounting and decarbonization platform used by large corporates; comparable to UG World's enterprise advisory and carbon management offering and a peer on the demand-side of the VCM.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/uggroup

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about UG Group