123Carbon appoints James Veale as Managing Director for Asia-Pacific

January 14, 2025

123Carbon has announced its appointment of James Veale as Managing Director for Asia-Pacific credit:123 Carbon

123Carbon, the leading independent platform for carbon insetting, announced the expansion of its management team with the appointment of James Veale as Managing Director for APAC. James brings a wealth of experience in alternative fuels and supply chain transparency during his time with SAP and oil majors such as BP. The appointment not only reinforces 123Carbon’s position in the growing APAC market, but James’ background also allows 123Carbon to leverage its cutting-edge technology into new Book & Claim markets.

With over thirty years experience working with global energy companies on commodity trading and risk management, James recently led SAP’s green hydrogen initiatives and co-founded Green Token, a venture which leverages blockchain digital twin tokenisation to provide verified chains of custody across material supply chains.

As managing director for APAC, James will play a pivotal role in strengthening 123Carbon’s presence within the region whilst continuing to develop their relationship with SAP, a key partner for 123Carbon in reporting solutions. James’ deep knowledge of blockchain technology and the new fuels landscape makes him ideally positioned to continue the diversification of 123Carbon’s solutions. His leadership will also be instrumental in extending 123Carbon’s presence across the critically important APAC market.

Jeroen van Heiningen, Managing Director 123Carbon, said: “James’ appointment marks a significant milestone for 123Carbon. His wealth of experience, proven track record in sustainability initiatives, and the operational and strategic aspects of the carbon market uniquely position him to lead 123Carbon’s growth within the APAC region.”

“Alongside his strategic priorities, James is set to strengthen and propel the development of the 123Carbon management team – utilising his corporate and commercial expertise to further support the development of 123Carbon.”

Speaking on his new appointment, James Veale, Managing Director APAC, 123Carbon, said: “I am thrilled to be joining 123Carbon at this pivotal moment in its development. With sustainability and cutting-edge technology at the core of its mission, 123Carbon is leading the charge in transforming supply chain transparency and carbon reporting.”

“My aim is to strengthen our partnerships, deepen our collaboration with SAP, and explore new opportunities for growth throughout the global supply chain. The APAC region presents many exciting opportunities to drive innovation on a global scale, and I look forward to working with the talented team at 123Carbon to capitalise on these opportunities.”