Membership

Why join t2e?


Membership offers a structured, regulated framework where each member is treated equally and can operate within a level playing field.

400

Over 400 active members

98%

of compliance schemes

71%

of accredited sellers

52%

of all independently registered companies

What are the benefits?


1. Complete price transparency

The t2e platform is the only place where you can get up-to-date price information, from real PRN transactions based on standardised contractual terms. This enables you to benchmark the cost of PRNs in the most accurate way possible. The price you see is the price you get – there are no extra fees or in-built costs to calculate, which makes everything simple and straightforward.

2. Swift and accurate settlement

Our processes are fast and rigorous. We ask people to settle transactions within 72 hours or 3 working days and have a dedicated settlements team who monitor the process. This saves the time you spend on administration.

3. Comprehensive market intelligence

As a member you have full access to a wealth of market intelligence including live prices, historic prices, and a range of options to compare the market - everything you need to make informed decisions and to react quickly and confidently to market fluctuations.

4. Dedicated account management

As a t2e member you'll also get your own account manager to support you at every stage, from set-up to trading through to settlements, day-to-day queries and dispute resolution. Your account manager will send you the latest data and insight, helping you to feel fully in the picture.

Who can join?


Buyers

t2e buyers can be:

  • Obligated companies either individually registered or as part of a compliance scheme
  • Compliance schemes
  • Representatives of one or more of the above

t2e buyers can be:

  • Obligated companies either individually registered or as part of a compliance scheme
  • Compliance schemes
  • Representatives of one or more of the above
Sellers

t2e sellers can be:

  • A reprocessor
  • An exporter
  • Representatives of one or more of the above

t2e sellers can be:

  • A reprocessor
  • An exporter
  • Representatives of one or more of the above
Representatives

t2e representatives might be

  • A compliance scheme
  • A broker

t2e representatives might be

  • A compliance scheme
  • A broker
Buyers

t2e buyers can be:

  • Obligated companies either individually registered or as part of a compliance scheme
  • Compliance schemes
  • Representatives of one or more of the above
Sellers

t2e sellers can be:

  • A reprocessor
  • An exporter
  • Representatives of one or more of the above
Representatives

t2e representatives might be

  • A compliance scheme
  • A broker

What’s the cost?

There’s no joining fee for the first compliance year (which runs from December to January). The cost in year 2 is £100. This is charged retrospectively at the end of the trading year and discounted if the following criteria are met:

Buyers:

  • Trading activity (up to £50.00 reduction in fees)
  • Signing a Direct Debit mandate (£50.00 reduction in fees)

Sellers:

  • Trading activity (up to £50.00 reduction in fees)
  • Completing the annual sellers survey (£50 reduction in fees)

Trading fees:

All our fees are entirely transparent meaning there are never any hidden costs or margins applied.

Price Per TonneSpot Trading FeeForward Trading Fees
Above £5.00 £0.50 per tonne £0.30 per tonne**
Between £1.00-£4.99 £0.25 per tonne £0.15 per tonne**
From £0.00-£0.99 £0.10 per tonne £0.10 per tonne

* Fees are levied on both buy and sell side

** Reduced forward trading fees are conditional upon deposits being received and timely delivery of funds or PRN document. Otherwise standard Spot trading fees are charged.

Is it secure?

Safety and Security are cornerstones of t2e’s business operation. t2e members are protected by the t2e rulebook and stringent anti-default measures are in place to allow all participants to trade with confidence. Funds originating from trading activity are held in a ring-fenced account and are only released once strict criteria have been met. Use of the marketplace services provided by t2e are password protected and can only be changed by authorised personnel.

What’s the alternative?

The alternative would be to source buyers and sellers of PRNs independently. You would need to scour the market, find a consistent supply of sellers or buyers, locate reliable and up-to-date prices, and trade and settle these yourself.

t2e takes away all of that leg work, providing transparent pricing, safe trading, efficient settlement, historic and current market information and the support of your own account manager.

Join over 400 other members now and experience complete control over the PRN process:

Complete price transparency


Enabling you to benchmark the true cost of PRNs, track market trends and review performance.

Swift and accurate settlement


Saving you time and effort on administration and processing.

Comprehensive market intelligence


Giving you access to live PRN prices and recent trades. Enabling you to react quickly and confidently to market fluctuations.

Dedicated account management


Supporting you through every stage of the process and keeping you proactively up-to-date with the latest market information.

See what others say about t2e


Contact us


The Environment Exchange
Hudson House
8 Albany Street
EDINBURGH
EH1 3QB
United Kingdom

General enquiries

Phone: +44 (0) 131 473 2330
e-mail: info@t2e.co.uk

Trading

Phone: 0844 800 9943
Fax: +44 (0) 131 473 2326

To join

Phone: +44 (0)131 473 2330
Fax: +44 (0) 131 473 2326

Settlement

Phone: +44 (0)131 473 2327

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