Our Portfolio of Offset Projects
All of the offsets made by Sink on behalf of our customers come from a range of carefully selected projects, which collectively form our project portfolio.
Biomass/Biogas based heat and power generation at Everest Starch, India
Boden Creek Ecological Preserve, Belize
Luangwa Community Forests Project, Zambia
Madre de Dios Amazon REDD Project, Peru
Sumatra Merang Peatland Project, Indonesia
Renewable energy based power generation project in Andhra Pradesh, India
Sink has been a registered account holder with Verra's Verified Carbon Standard (VCS) registry since 2020. The VCS is the world's leading voluntary carbon program and certification body, with over 1,600 certified projects that have collectively reduced or removed more than 500 million tons of carbon and other GHG emissions from the atmosphere.
All of the projects in our portfolio are certified by the world’s leading voluntary GHG program, the VCS. Only after the projects have met a stringent set of VCS criteria and requirements can they qualify to issue carbon offset credits. These standards ensure that all projects are additional, accurate, permanent, exclusive, and delivering social co-benefits to their local communities.
A strong offset project not only avoids harming its surrounding area, but actually delivers social co-benefits to it. These might include include jobs, education, welfare, as well as other economic, environmental, and technological benefits.
Any offset sold must be exclusive; that is, not double-issued, double-counted, or double-claimed. As offset credits are intangible, this is less straightforward than it may seem, and working with a reliable independent registry system is vital.
It is vital that offsetting projects can demonstrate that their reductions or removals of emissions are permanent and irreversible. If the emission reductions or removals are reversed, then their offsetting credits not longer serve a compensatory function.
Accurate means that the offset credits generated from the project are not overestimated. This requires correctly defining the GHG accounting boundaries, properly estimating the baseline scenario, monitoring performance, and verifying the results.
Additional refers to the condition that the offset project would not have occurred in the absence of revenues generated from the sale of carbon offset credits. Additionality is a fundamental aspect to any offsetting project.