Under section 275 of the Carbon Farming Standard, TAC members must advise the Chair of the Board of Trustees in writing of all interests, pecuniary or otherwise, that conflict or could conflict with the proper performance of their functions. The Secretariat reports these disclosures to the Chair of the Board of Trustees on behalf of members, with a written report provided to the Chair of the Board of Trustees each quarter or more often if required.
Under section 276 of the Carbon Farming Standard, the TAC members must disclose their interests relevant to matters that are being considered. At the beginning of each meeting, the TAC decides on the action required to address the disclosure, its materiality, and how the interest will be managed. These decisions and management actions are recorded in the meeting minutes and in the TAC Disclosure of Interests Register.
Management of interests under the Carbon Farming Standard