Summary

1. CSRD Reporting

1.1. Offsetting - Removal & Avoidance

1.2 Insetting - Removal

1.3 Insetting - Avoidance

2. SBTi Reporting

2.1 SBTi Net Zero Claims

2.2 SBTi Beyond Value Chain Mitigation Claims

3. CDP reporting

4. Airport Carbon Accreditation reporting

1. CSRD Reporting

1.1. Offsetting - Removal & Avoidance

DR E1-7 - GHG removals and GHG mitigation projects financed through carbon credits

Contextual notes from Article 61

• Financing GHG emission reduction projects outside the undertaking’s value chain through purchasing carbon credits that fulfil high-quality standards can be a useful contribution towards mitigating climate change.
• This Standard requires the undertaking to disclose whether it uses carbon credits separately from the GHG emissions (paragraphs 56 (b) and 59) and GHG emission reduction targets (Disclosure Requirement E1-4).
• It also requires the undertaking to show the extent of use and which quality criteria it uses for those carbon credits.

Reporting details from Article 62

When disclosing the information on carbon credits required under paragraphs 56 (b) and 59, the undertaking shall disclose the following disaggregation as applicable:

• (a)the share (percentage of volume) of reduction projects and removal projects;

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  Display the percentage based on avoidance credits vs removal credits in your Riverse registry portfolio.

  Proof: retirement certificate from Riverse registry

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• (b)for carbon credits from removal projects, an explanation whether they are from biogenic or technological sinks;

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  Sink types

  • Biogenic sinks: Biochar, Enhanced Rock Weathering
  • Technological sinks: Biobased Construction Material, Direct Air Capture

  Proof: provide Riverse methodology documents accessible in this hub

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• (c)the share (percentage of volume) for each recognised quality standard;

  • Answer is 100%, as all Riverse-certified credits are endorsed by ICROA