To ensure the quality and integrity of carbon offsets, there is a robust programme of third-party independent standards, verification processes and registries. The Verified Carbon Standard (VCS), the Gold Standard and the Climate Action Reserve (CAR) are examples of well-known standards in the market ensuring the quality and credibility of offset projects. To be validated to these standards, projects are checked by independent Designated Operational Entities (DOEs) – certified independent auditors – which are qualified to ensure the projects meet quality criteria and deliver genuine reductions. In addition, the DOEs check the projects on a regular basis to ensure they are continuing to deliver what is claimed. Key criteria in evaluating the credibility and quality of an offset project are proof that it is: 1. Additional – the reduction in emissions would not have occurred without the carbon finance from selling carbon offsets. 2. Verifiable – it will be retired from the carbon market so that it cannot be sold again or doublecounted. Permanent – it delivers the reductions claimed and they will not be reversed. 3. Addressing leakage – the emission reduction in one area has not caused an increase in emissions elsewhere.

For more information refer to the Terms and Conditions Carbon emissions terms and conditions | Shell UK