To qualify as a VCA investment, a project should happen within the entity’s operations or supply chain, and meet these criteria:
Additional - the project is undertaken primarily to reduce emissions. If not for the emissions reductions benefits, the project would not be undertaken or continued.
Quantifiable - the project has delivered, or is expected to deliver, quantifiable emissions reductions.
Timely - new projects should be expected to deliver emissions reductions within three years from the certification year.