ICROA Approval
ICROA
Approval
The ICROA Programme approves service providers who follow best practice in greenhouse gas (GHG) emissions quantification, science-aligned reductions, and the use of high-quality carbon credits.
The Programme is open to voluntary carbon market (VCM) service providers who promote the highest standards of environmental integrity in support of the Paris Agreement goals.
ICROA Approval: Eligibility Criteria
ICROA
Approval:
Eligibility
Criteria
- The VCM organisation is committed to reducing its own GHG emissions and striving for a science-aligned reduction pathway aligned to the Paris Agreement goals.
- The VCM organisation has been in the business of providing offsetting services and has been actively trading in the VCM for at least one full year.
- The VCM organisation actively sells a service to retire ICROA-compliant carbon credits on behalf of corporates and/or individuals, for the purpose of voluntarily offsetting their carbon emissions.
- The VCM organisation is committed to achieving large absolute reductions across its client base and promoting alignment to the Paris Agreement goals.
- The minimum volume sold or retired annually by the organisation must be at least 10,000 tonnes of CO2
- The VCM organisation’s minimum annual financial turnover must be $100,000 or the local currency equivalent.
- The VCM organisation must disclose to the ICROA Secretariat any pending or ongoing litigation involving a member of IETA or another market participant.
- In applying for ICROA Approval, the applicant organisation agrees to undergo an annual audit by a third-party independent auditor to demonstrate compliance with the Code of Best Practice.
- The VCM organisation agrees to the Terms and Conditions of the Programme.
Please see the webpage on the Code of Best Practice for more details.
Terms & Conditions
Approval Process:
Approval
Process:
For a detailed overview of the entire process, please see the Programme Guide. You can find a visual representation of the process in Appendix 1.
DOWNLOAD THE PROGRAMME GUIDE
Step 1. Expression of Interest [only for non-IETA Members] or Contact daprile@ieta.org
Step
1.
Expression
of
Interest
[only
for
non-IETA
Members]
or
Contact
daprile@ieta.org
FILL IN THE FORM HERE
Step 2. Fee Payment
Step
2.
Fee
Payment
DOWNLOAD THE FEE SCHEDULE
Step 3. Application
Step
3.
Application
DOWNLOAD A SAMPLE APPLICATION
Step 4. Third Party Audit
Step
4.
Third
Party
Audit
DOWNLOAD A SAMPLE AUDIT FORM
ICROA Approval Label
ICROA
Approval
Label
The ICROA Approved Label represents adherence to the ICROA Code of Best Practice. The Label certifies that the company has passed the annual third-party audit and is compliant to the Code.
Testimonials
Testimonials
“As an ICROA-Approved organisation, FORLIANCE values ICROA’s commitment to setting standards of excellence and guiding solution providers like us. Their insights help us navigate the ever-changing voluntary carbon market, driving us towards continual improvement. We appreciate ICROA’s role in fostering a better, more reliable market.”
“In creating shared standards around the VCM, ICROA has established a community dedicated to advancing the industry as a whole through commitment to best practices and continuous improvement. Invert is proud to be an Approved member in driving forward the mission of ICROA in support of ambitious, meaningful, and measurable climate action.”
