Core Principles Commitment
Bloom ESG is committed to the highest standards of environmental integrity and transparency. For our avoided emissions sub-products, I-MAT AE and the Avoided Emissions Certificate (Reuse), the Bloom Registry aligns with the Core Carbon Principles (CCPs) set forth by the Integrity Council for the Voluntary Carbon Market (ICVCM), an independent non-profit governance body working to establish and maintain worldwide standards for integrity in the voluntary carbon market.
We adhere to the ICVCM Core Carbon Principles for our avoided emissions certificates to ensure they meet rigorous requirements for additionality, transparency, and verifiability. These principles apply specifically to I-MAT AE and the Avoided Emissions Certificate (Reuse). They do not apply to I-TECs or I-MAT Certificates, which are Environmental Attribute Certificates governed by ISO 14064 and, in the case of I-TECs, the SBTi Corporate Net-Zero Standard V2.0.
The CCPs ensure that avoided emissions certificates and the underlying activities that generate emissions reductions meet the highest standards of integrity and effectiveness.
Additionality
Emission reductions must be additional, meaning they would not have occurred without active intervention
Real, Measurable, and Permanent
Carbon reductions must be verifiable and durable over time, ensuring that they represent real, lasting environmental benefits.
Avoidance of Double Counting
Carbon credit certificates should be uniquely allocated to a specific project and not counted more than once, ensuring transparency and credibility.
Transparency
Projects and carbon credit certificates must be publicly disclosed, enabling verification and independent monitoring of their effectiveness and impact.
Robust Governance
The carbon credit registry and the projects it supports must adhere to high standards of governance, accountability, and independent oversight.
By aligning with these principles for our avoided emissions certificates, Bloom ensures that I-MAT AE and Avoided Emissions Certificate (Reuse) claims are credible, transparent, and independently verified.
To learn more about the work of the ICVCM go to https://icvcm.org/
For I-TEC integrity criteria under the SBTi Corporate Net-Zero Standard V2.0, see I-TECs and the SBTi CNZS V2.0 →
For an overview of all Low-Carbon IT Certificate sub-products, see What is a Low-Carbon IT Certificate? →
