Compliance priorities
The Technical Governance Committee is dedicated to administering the BidCarbon Standard Scheme in an transparent, ethical, and accountable manner. Our compliance and policy priorities are designed to enhance our participants' awareness and willingness to comply voluntarily in order to achieve our strategic objectives, and to highlight specific areas that we will prioritize for each of the schemes we administer.
The BidCarbon Standard Scheme maintains a continued focus on compliance. By disseminating this information, it is hoped that levels of voluntary compliance will increase and areas for improvement will be identified.
We also publish updates on new compliance issues.
● Digital asset disputes
● issues brought to our attention
● trends in compliance outcomes.
In terms of compliance, our key priorities are as follows:
● greenwashing
● accuracy of climate-related commitments and context statements
● sharing accurate and complete BidCarbon Standard Scheme reports
● non-compliant or poor performing auditors.
Learn more
Greenwashing
We collaborate with other regulators to verify carbon emissions claims and prevent greenwashing.
Audits in our schemes
Audits are conducted to verify that scheme participants are reporting accurately and in compliance with certain requirements.
A voluntary offer and undertaking
Our agreements with scheme participants facilitate improved compliance and the resolution of non-compliance issues.
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