Terrapass Standards
Quality and transparency in everything we do.
Terrapass supports carbon reduction projects with high-integrity environmental impact and operations. We work hard to adopt leading trends and contribute new advancements as the industry rapidly evolves. This page is updated regularly to reflect our latest quality standards.
We Adhere to the Highest Standards
Terrapass projects operate under registries approved by the Integrity Council for the Voluntary Carbon Market (ICVCM), the leading global standard for effective governance, tracking, transparency, and robust independent third-party verification. Currently, 100% of our carbon credits are verified by Gold Standard, Verified Carbon Standard, the Climate Action Reserve, and the American Carbon Registry. ICVCM-approved registries adhere to the following standards:
- Effective Governance: Ensures transparency, accountability, continuous improvement and the overall quality of carbon credits.
- Tracking: Uniquely identifies, records and tracks project activities and carbon credits issued.
- Transparency: Provides comprehensive, transparent and publicly available information on all project activities.
- Independent Third-Party Validation: Robust independent third-party validation and verification of project activities.
Additionally, Terrapass projects adhere to industry leading standards that ensure that your carbon credit purchase drives clear and impactful climate benefits. This includes our commitment to continually grow our offering of ICVCM approved project methodologies are they are assessed for compliance with ICVCM Core Carbon Principles (CCPs). Project standards include:
- Additional: The carbon reduction would not happen without sustained carbon credit funding.
- Permanence (Durability): The carbon reduction cannot be reversed, or it is protected for at least 40 years.
- No Double-Counting: The carbon reduction funded by your purchase is yours and yours alone.
- Rigorous and Accurate Quantification: Carbon reductions represent genuine atmospheric impact that is determined in a transparent and replicable manner using robust, credible methodologies and baselines.
- Sustainable Development Benefits and Safeguards: Project activities follow industry best practices on social and environmental safeguards while delivering positive sustainable development impacts.
We Inspect Every Project
Terrapass performs our own project-specific due diligence in addition to the project methodology and registry standards enforced by ICVCM. We evaluate features that are unique to each project including ownership, history, additionality, permanence, current operating status, site inspections, independent third-party assessments, and public information including project related websites and news articles.
We Give our Customers Full Transparency to Projects
At Terrapass we believe that customers should have full transparency to the projects they fund. That’s why every project has its own page on our site with project location, summary, and key reports that document extensive details like project history, methodology (protocol), monitoring data, calculations, site inspections, independent third-party verification, additionality, permanence (durability), and more.
For commercial clients, our sustainability advisors also provide project disclosure forms needed for annual reporting into carbon accounting programs like CDP.
Page Updated August 30, 2024