Analyzing the greenhouse gas impact of carbon credits
Calyx Global GHG ratings are an assessment of risk that credits do not
represent one tonne of removed or reduced CO₂. Our overarching
evaluation framework has been peer-reviewed by leading carbon
methodology experts and is used to build project type-specific
frameworks that ensure consistency in our rating approach.
Our project-level assessments evaluate four risk factors that are
consistent with the ICVCM’s core carbon principles:
Sustainable Development Goal impact of carbon credits
The UN adopted 17 Sustainable Development Goals and 169 targets aimed at
creating a healthier planet and equitable society. We evaluate and
provide a rating for every individual SDG claim made by a project, down
to the target level - so you can invest with confidence in carbon
credits that support your goals.
Our SDG analysis evaluates the level of impact achieved and the quality
of evidence provided, including:
-
Level of change achieved
-
How a project's activities lead to targeted change and impact
-
Methodology used to monitor SDGs contributions
-
Quality of reported evidence
Screening for environmental and social risks
Environmental and social safeguards protect people and areas impacted by a carbon project from harm, and are an integral part of carbon credit quality. Our analysis of environmental and social risks covers 10 risk areas and 55 sub-areas, going far beyond today’s requirements of any carbon crediting program. By evaluating risk beyond GHG, you are protecting your reputation, people and places on multiple dimensions.
Our screening and analysis:
-
Looks at factors that affect risk far beyond the most rigorous carbon crediting program
-
Aligns with international best practices on safeguards
-
Has multiple levels of screening and analysis options
-
Includes labor rights, health, safety and security, land rights, biodiversity, transparency and benefit sharing, access to justice and more