Example of PV Solar funded by WCC.
About Us
Internationally recognized independent validation
1. Verification from leading rating ESG company “Sustainalytics” of conformance of the Partners PV Solar project to the Green Principles of the Capital Markets Association.
- Green Principles include
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- Use of Proceeds
- Project Evaluation and Selection
- Management of Proceeds
- Reporting
2. Certification of the green bonds by the Climate Bond Initiative. The Climate Bonds Standard and certification scheme is a fair-trade-like labelling scheme for bonds. Rigorous scientific criteria ensure that it Bonds are consistent with the 2 degrees Celsius warming limit in the Paris Agreement. The Scheme is used globally by bond issues, governments, investors and the financial markets to prioritize investments which genuinely contribute to addressing climate change. The CBI has certified over US$1 trillion of green bonds.
3. Annual post-issuance verification by Sustainalytics including verification of the amount of CO2 offset by the PV Solar project funded by the green bonds
- Improvement of the rating of the Partner on Sustainability global ESG index www.sustainalytics.com/esg-ratings/
4. WCC will work with Partner to use the Greenhouse Gas (GHG) Protocol’s Policy and Action Standard to quantify how much a Partners PV Solar program would reduce the companies greenhouse gas emissions.
- Guidelines for Quantifying GHG Reductions from Grid-Connected Electricity Projects https://ghgprotocol.org/standards/project-protocol
Viridi’s International Partners
International Partners
CBI Certifications
Verification of conformance to green bond principles
Awards
Green Pioneer Awards London 2020
Certification for WREL#2
Certification for WREL