What is the Voluntary Carbon Standard (VCS)?
The VCS is a quality standard for the voluntary carbon offset industry. This standard is based on the Kyoto Protocol's Clean Development Mechanism (CDM). The VCS establishes criteria for validating, measuring, and monitoring carbon offset projects within organisations.
The Voluntary Carbon Standard 2007 (VCS 2007) aims to provide a trustworthy, robust global standard for voluntary carbon offsets. It provides the voluntary carbon market with an assurance mechanism, and so will deliver real credibility to the market. With the VCS 2007, corporations, organisations and individuals will be able to ensure that their carbon offsets are from a credible source, are not double traded or double counted.
The VCS Steering Committee worked closely with the International Standards Organisation (ISO), with ISO 14064 Part 2 (ISO standard for Greenhouse Gas Reporting) included in the VCS 2007 and both 14064 Part 2, 14064 Part 3 and 14065 used as reference documents for the development of the Voluntary Carbon Standard.
Who can use the VCS?
All organisations who wish to show their credibility within the voluntary carbon offset market.
- Stakeholder trust
- Commitment to reduction of your emissions
Verification: Assuring that your company's reported data and information on your emissions are accurate and that the data management system provides the infrastructure to collect and analyse the data and information, which is used by decision makers such as stakeholders, regulators and your own company.