VOLUNTARY CARBON MARKET DISCLOSURES
Last updated February 20, 2025
The following information is provided by Joro Tech PBC (dba Commons) in accordance with California Assembly Bill 1305, the Voluntary Carbon Market Disclosures Business Regulation Act (VCMDA), and its goal is to promote transparency and integrity of climate-related claims and participation in voluntary carbon markets.
The following information is provided by Joro Tech PBC (dba Commons) in accordance with California Assembly Bill 1305, the Voluntary Carbon Market Disclosures Business Regulation Act (VCMDA), and its goal is to promote transparency and integrity of climate-related claims and participation in voluntary carbon markets.
DISCLOSURES RELATED TO PROJECTS IN THE COMMONS IMPACT PORTFOLIO
The Commons Impact Portfolio is comprised of the following four offset and removals projects:
MANOA REDD+
- Purchased from: Pachama
- Project Developer: Biofilicia
- Location: Brazil
- Project ID: VCS 1571 (Verra registry)
- Project Type: Avoided Emissions — Avoided Unplanned Deforestation
- Protocol: VM0015 v1.1, Methodology for Avoided Unplanned Deforestation
- Project timeline:
- Date Project Registered: 06/04/2020
- Crediting Period: 01/01/2013 - 12/31/2042
- Credit Vintage: v2020
- Estimated Annual Emission Reduction: 257,469 MT (for entire project)
- Durability: 30 years
- VCS Project Validator: Earthood Services Private Limited
- Credit Verifier: Aster Global Environmental Solutions, Inc.
- Additional Standards: N/A
KATINGAN PEATLAND RESTORATION AND CONSERVATION PROJECT
- Purchased from: Pachama
- Project Developer: PT. Rimba Makmur Utama
- Location: Indonesia
- Project ID: VCS 1477 (Verra Registry)
- Avoidance: Reduced Emissions from Degradation and Deforestation (REDD)
- Removals: Afforestation, Reforestation, and Revegetation (ARR)
- Removals: Wetlands Restoration and Conservation (WRC)
- The percent breakdown across these credit types is unavailable, as Verra is not required to report this information. To be conservative, Commons categorizes this project as avoided emissions within our Portfolio.
- Protocol: VM0007 v1.5 REDD+ Methodology Framework (REDD+MF)
- Project Timeline:
- Date Project Registered: 06/04/2020
- Crediting Period: 11/01/2010 - 10/31/2070
- Credit Vintage: v2017
- Estimated Annual Emission Reduction: 7,451,846 MT (for entire project)
- Durability: 60 years
- VCS Project Validator: SCS Global Services
- Credit Verifier: Aster Global Environmental Solutions, Inc.
- Additional Standards: CCB (Third Edition), Wetland Rewetting and Conservation
DELTA BLUE CARBON — 1
- Purchased from: Pachama
- Project Proponents: Government of Sindh Forest Department and Indus Delta Capital Limited
- Location: Sindh, Pakistan
- Project ID: VCS 2250
- Project Type: Agriculture, Forestry, and Other Land Uses
- Protocol: VM0033 Methodology for Tidal Wetland and Seagrass Restoration
- Project Timeline:
- Date Project Registered: 12/20/2021
- Crediting Period: 02/19/2015 - 02/18/2075
- Credit Vintage: 2020
- Estimated Annual Emissions Reduction: 2,407,629
- Durability: 60 years
- VCS Project Validator: Colombian Institute for Technical Standards and Certification (ICONTEC)
- Credit Verifier: AENOR
- Additional Standards: CCB
CHARM INDUSTRIAL
- Location: Kansas, USA
- Purchased from: Charm Industrial
- Project developer: Charm Industrial
- Project Type: Carbon Removal, Bio-oil Sequestration
- Protocol: Bio-oil Sequestration, Prototype for Measurement, Reporting & Verification (authored by Carbon Direct and EcoEngineers)
- Project timeline:
- Full Delivery Due: 12/31/2028
- Estimated Annual Emission Reduction: ~10,000 metric tons
- Durability: 1000+ years
- Project Validator: TBD
- Credit Verifier: Isometric
- Additional Standards: None
In the event that a reversal or non-delivery of carbon reductions or removals were to occur for any of the above listed projects, Commons would communicate this information to our users in a timely fashion. Commons would also engage in good faith efforts to seek one of the following remedies, though they are not guaranteed:
- Work with the credit provider to replace the reversed or undelivered credits with credits from a comparable project that meets our quality standards
- Request a refund from the credit provider so we could use the funds to purchase replacement credits from a comparable project that meets our quality standards
DISCLOSURES RELATED TO COMMONS' CLIMATE NEUTRAL CERTIFICATION
Commons is a Climate Neutral Certified brand in accordance with the The Climate Neutral Certified Standard (2023 version) administered by the Change Climate Project. We collaborated with the Change Climate team to measure our brand’s total 2023 carbon footprint, set time-bound Reduction Action Plans, and compensate for our annual emissions by investing in carbon projects that met Change Climate’s rigorous Standard. For further details, see our Climate Neutral certification page.
As part of this certification process, the Commons team estimated our company emissions following the guidance of The Climate Neutral Certified Standard and the GHG Protocol’s Corporate Standard via the use of an internally created tool. The Change Climate Project’s team reviewed, provided feedback on, and accepted these estimates, but they were not third-party verified. Commons’ Emissions Reductions Plans do not constitute science-based targets. Commons used carbon credits from the Manoa REDD+ Project, Katingan Peatland Restoration and Conservation Project, and Delta Blue Carbon to offset our 2023 company footprint.
See above for offset project details.
As part of this certification process, the Commons team estimated our company emissions following the guidance of The Climate Neutral Certified Standard and the GHG Protocol’s Corporate Standard via the use of an internally created tool. The Change Climate Project’s team reviewed, provided feedback on, and accepted these estimates, but they were not third-party verified. Commons’ Emissions Reductions Plans do not constitute science-based targets. Commons used carbon credits from the Manoa REDD+ Project, Katingan Peatland Restoration and Conservation Project, and Delta Blue Carbon to offset our 2023 company footprint.
See above for offset project details.
