Seven distinct frameworks govern carbon credit quality, contribution claim language, neutrality disclosure, UK regulatory compliance, portfolio construction, aviation compliance, and the science-based transition pathway. Each was developed independently. None was designed to be read alongside the others. This page maps them against a shared set of criteria, identifies where they align, where they diverge, and where a single transaction must satisfy multiple simultaneous requirements. It is the reference a procurement or legal team needs before asking “does this disclosure pack cover everything?”
The frameworks divide into four functional types. Credit quality frameworks define what a credible tonne looks like. Claim frameworks define what you may say about it. Disclosure frameworks define what you must document. Compliance frameworks create legal obligations. One transaction must satisfy all applicable types simultaneously.
* SBTi CNZ v2.0 is a second consultation draft published November 2025. It has not been approved or published as a final standard. It is included as the emerging framework and direction of travel.
Each cell indicates whether the criterion is required, recommended, not addressed, or explicitly excluded. Clause references are given where applicable. Where a framework satisfies a criterion via another (e.g. VCMI via ICVCM), the dependency is shown.
| Criterion | ICVCM CCPs | VCMI | ISO 14068-1 | DEFRA | Oxford | CORSIA | SBTi v2.0* |
|---|---|---|---|---|---|---|---|
| Credit quality criteria | |||||||
| Additionality | ✓ RequiredCCP 5 | ~ Via ICVCMDue diligence req. | ✓ Required§11.2(b) | ✓ RequiredGood Quality · 1 | ✓ RequiredPrinciple 1 | ✓ RequiredCriterion 1 | ✓ Required§1.3 |
| Credible baseline | ✓ RequiredCCP 7 | ~ Via ICVCM | ✓ Required§11.2(c) | — | ✓ RequiredPrinciple 1 | ✓ RequiredCriterion 2 | ✓ Required§1.2 |
| Permanence & reversal safeguards | ✓ RequiredCCP 6 | ~ Via ICVCM | ✓ Required§11.2(d) | ✓ RequiredGood Quality · 3 | ✓ RequiredPrinciple 1 | ✓ RequiredCriterion 5 | ✓ Required§1.7 |
| Independent verification | ✓ RequiredCCP 4 | ~ Via ICVCM | ✓ Required§11.3(f) | ✓ RequiredGood Quality · 4 | ✓ RequiredPrinciple 1 | ✓ RequiredCriterion 3 · Elem 6 | ✓ Required§1.9 |
| Ex-post only | ✓ RequiredCCP 7 | ~ Via ICVCM | ✓ Required§11.2 explicit | ✓ RequiredGood Quality · 5 Timing | — | ✓ RequiredCriterion 3 | ✓ Required§1.1 |
| Leakage assessment | ✓ RequiredCCP 5 | ~ Via ICVCM | ✓ Required§11.3(g) | ✓ RequiredGood Quality · 2 | — | ✓ RequiredCriterion 6 | ✓ Required§1.6 |
| Social & environmental safeguards | ✓ RequiredCCP 9 | — | ✓ Required§11.3(b) | — | — | ✓ RequiredElement 9 | ✓ Required§1.8 — FPIC |
| Registry and double counting | |||||||
| Registry retirement & serial numbers | ✓ RequiredCCP 2 | ✓ RequiredDisclosure items | ✓ Required§11.3(g) · §11.4(e) | ✓ RequiredGood Quality · 6 · Items 6–7 | — | ✓ RequiredCriterion 4 · Elem 3–4 | ✓ Required§2.1 |
| No double issuance or use | ✓ RequiredCCP 8 | ✓ Required | ✓ Required§11.3(g) · §11.1 | ✓ RequiredGood Quality · 6 | — | ✓ RequiredCriterion 7(a)(b) | ✓ Required§2.1 |
| Govt double counting / CAs | ✓ RequiredCCP 8 | ~ Recommended | ~ §11.1 noteNot mandatory | —Not addressed 2019 | — | ✓ RequiredPhase 1 · 2024+ | ✗ Excluded§1.3 — MIC framing |
| Timing and vintage | |||||||
| Vintage limit | — | — | ✓ 5-year rolling§11.2 | — | — | ~ Phase 1 params | ✓ 2021 floor§1.5 |
| Retirement deadline | — | ~ Claiming year | ✓ 12 months§11.2 after reporting period | — | — | — | — |
| Sustainable development and transparency | |||||||
| SDG / sustainable development identification | ✓ RequiredCCP 9 | ~ In disclosure | ✓ Required§11.3(c) | — | — | ✓ RequiredElement 10 | — |
| Transparency & public documentation | ✓ RequiredCCP 3 | ✓ Required | ✓ Required§11.3(a) · §11.4 | ✓ RequiredGood Quality · 7 | ✓ RequiredPrinciple 1 | ✓ RequiredElement 8 | ✓ Required§1.4 |
| Shift toward durable removals | ✓ CCP 10Transition principle | — | ~ §11.1 shouldResidual emissions | — | ✓ RequiredPrinciples 2–4 | — | — |
| Claim and disclosure obligations | |||||||
| Claim language governed | — | ✓ 3 tiersSilver / Gold / Platinum | ~ Neutrality framing§11 context | ~ SECR net figure | — | ~ CORSIA unit | ~ MIC framing§1.3 not 1:1 |
| Pre-requisites before any claim | — | ✓ 3 conditionsSBTi · Scope 3 · Progress | ✓ §11.1Reduction-first hierarchy | — | — | ✓ Compliance calcAirline excess above baseline | —Implies SBTi target |
| Mandatory disclosure documentation (§11.4 equivalent) | — | ✓ Disclosure items | ✓ §11.4(a–e)5 mandatory items | ✓ 8 itemsNon-Kyoto disclosure | — | ✓ Compliance filing | ✓ §1.4Transparency requirements |
| Annual / time-bounded claim requirement | — | ✓ Annual claimRegister annually | ✓ Reporting periodRetire within 12 mo. | ✓ SECR year | — | ✓ Compliance period | — |
| Sector-specific and emerging requirements | |||||||
| Aviation sector compliance | — | — | — | — | — | ✓ Primary purposeICAO Annex 16 | — |
| UK SECR regulatory basis | — | — | — | ✓ Primary purposeCompanies Act 2006 | — | — | — |
| Value distribution transparency | — | — | — | — | — | — | ✓ §2.2Novel — not yet in others |
* SBTi CNZ v2.0 consultation draft, November 2025. Subject to further refinement, consultation, and approval.
Most framework criteria align without tension. These five do not. Each creates a genuine complexity that a procurement team needs to understand before deciding which credits to source and how to structure the disclosure.
| Divergence | Frameworks in tension | The conflict | The resolution |
|---|---|---|---|
| Corresponding adjustments | CORSIA: Required from 2024 for Phase 1 ISO 14068-1: Recommended — §11.1 note SBTi v2.0: Explicitly excluded — §1.3 |
Three different positions on the same mechanism. An airline making both a CORSIA compliance purchase and an SBTi MIC contribution in the same year faces contradictory signals. | CA-backed credits satisfy all three. CAs are not more restrictive — they are more comprehensive. CORSIA requires them; ISO benefits from them; SBTi neither requires nor prohibits them. Sourcing CA-backed credits eliminates the conflict entirely. |
| Vintage limits | ISO 14068-1: 5-year rolling limit — §11.2 SBTi v2.0: Fixed 2021 floor — §1.5 CORSIA: Phase 1 parameters Others: Not specified |
For reporting year 2025: ISO permits vintage back to 2020; SBTi v2.0 requires 2021 onward. For 2020-vintage credits, ISO is satisfied but SBTi is not. The two thresholds diverge by one year at present and the gap widens over time as the SBTi floor remains fixed at 2021. | Source 2021+ vintage as standard. Satisfies both. The SBTi 2021 floor is the binding constraint whenever both frameworks apply. All credits in the 360° Impact Portfolio meet the 2021+ threshold. |
| Retirement deadline | ISO 14068-1: 12 months after reporting period end — §11.2 VCMI: Credits retired in claiming year Others: Not specified |
ISO and VCMI specify different deadlines. A credit purchased in December 2025 for the 2025 reporting year must be retired by December 2026 under ISO, but in the same year under VCMI for a 2025 VCMI claim. In practice, retiring at point of purchase satisfies both — the tension only arises for delayed retirements. | Retire at point of transaction. The 360° Impact Portfolio retires credits within 14 working days of transaction completion — well within both deadlines and eliminating any inter-framework tension. |
| Claim language | VCMI: Contribution claim — tiered (Silver/Gold/Platinum) ISO 14068-1: Carbon neutrality claim SBTi v2.0: MIC claim — not 1:1 equivalence DEFRA: SECR net figure disclosure |
Four different claim formats, each addressing a different audience, using different language, and subject to different scrutiny. An organisation making all four simultaneously must draft each correctly without letting language from one bleed into another. | Each claim is drafted separately. The disclosure pack includes distinct sections for the VCMI tier claim, the ISO 14068-1 neutrality claim, the SECR net figure disclosure, and (where applicable) the SBTi MIC framing. The underlying evidence satisfies all four; the claim language is tailored to each. |
| Value distribution transparency | SBTi v2.0 §2.2: Requires disclosure of financial flow to project All others: Not addressed |
SBTi §2.2 would require disclosure of what percentage of the credit purchase price reaches the implementing entity — a requirement no other framework makes and which the market has not yet operationalised. Its scope and measurement methodology are undefined in the consultation draft. | Monitor draft finalisation. §2.2 is the most unsettled requirement in the draft. No implementation is possible until the final standard defines scope and measurement. This page will be updated when the standard is approved and guidance is available. |
The disclosure pack delivered with every 360° Impact Portfolio transaction is structured so that a single document satisfies the mandatory evidence requirements of all applicable frameworks simultaneously. This table maps each pack element to the framework requirements it addresses.
| Disclosure pack element | ICVCM | VCMI | ISO §11 | DEFRA | Oxford | CORSIA | SBTi* |
|---|---|---|---|---|---|---|---|
| Section 1 — Transaction summary | |||||||
| Client legal entity name | §11.4(e) | Item 6 | Crit 4 | ||||
| Total tCO₂e retired | Tier calc | §11.4(c) | Item 1 | §1.4 | |||
| Retirement date | ~ Yr | §11.4(e) · 12mo | Item 6 | ||||
| Section 2 — Project schedule | |||||||
| Project name and registry ID | CCP 7 | Disclosure | §11.4(b) | Item 3 | Elem 2 | §1.4 | |
| Project location — country & region | CCP 7 | §11.4(b) | Elem 2 | §1.4 | |||
| Crediting programme (Gold Standard / Verra) | CCP 1 | Via CCPs | §11.4(a) | Item 2 | Elem 1 | ||
| Methodology name and version | CCP 7 | Via CCPs | §11.4(a) | Item 4 | Elem 1 | §1.2 | |
| tCO₂e from each project | Disclosure | §11.4(c) | Item 1 | §1.4 | |||
| Vintage year (reductions occurred) | CCP 7 | §11.4(d) | Crit 3 | §1.5 2021+ | |||
| Issuance year (credits issued) | §11.4(d) | ||||||
| Link to registry project record | CCP 3 | §11.4(b) | Item 3 | Elem 4 | §1.4 | ||
| SDG co-benefit mapping | CCP 9 | ~ Disclosure | §11.3(c) | Elem 10 | |||
| Section 3 — Credit quality evidence | |||||||
| CCP-Approved programme confirmation | CCP 1–4 | Due diligence | §11.2(e) · §11.3 | Via CCPs | Elems 1–11 | Via CCPs §1.9 | |
| Additionality methodology note | CCP 5 | Via CCPs | §11.2(b) | Good Quality 1 | Criterion 1 | §1.3 | |
| Ex-post confirmation | CCP 7 | Via CCPs | §11.2 explicit | Good Quality 5 | Criterion 3 | §1.1 | |
| Vintage compliance confirmation | §11.2 5yr | Phase 1 | §1.5 2021+ | ||||
| VVB name and verification opinion ref | CCP 4 | Via CCPs | §11.3(f) | Item 5 | Criterion 3 · Elem 6 | §1.9 | |
| Section 4 — Double counting and CAs | |||||||
| Article 6 double-counting analysis | CCP 8 | ~ Recommended | §11.1 note | Criterion 7 | ✗ Excl. §1.3 | ||
| CA documentation (Sovereign Portfolio only) | CCP 8 | ~ Enhanced | §11.1 note | Phase 1 req. | ✗ Excl. §1.3 | ||
| CORSIA eligibility note (Sovereign Portfolio only) | All criteria | ||||||
| Section 5 — Contribution claim | |||||||
| Registry retirement certificate (serial numbers) | CCP 2 | Disclosure | §11.4(e) | Items 6–7 | Criterion 4 | §2.1 | |
| Link to registry retirement proof | CCP 2 | §11.4(e) | Item 7 | Criterion 4 | |||
| VCMI-aligned claim statement (tier-appropriate) | All tiers | ~ MIC aligned | |||||
| ISO 14068-1 §11.4 contribution claim draft | §11.3(h) · §11.4 | §1.4 | |||||
| DEFRA Good Quality compliance note (7 criteria) | Via CCPs | Item 8 | |||||
| SBTi v2.0 draft alignment note (where requested) | §1.1–§1.9 · §2.1 | ||||||
✓ = required by that framework · ~ = recommended or partially addressed · ✗ = explicitly excluded · blank = not addressed by that framework · * SBTi CNZ v2.0 consultation draft, November 2025
The disclosure pack delivered with every 360° Impact Portfolio transaction is structured so that a procurement team, legal adviser, external auditor, or certification body can open a single document and find every evidence item this comparison table requires — mapped against the framework it satisfies, with direct links to the underlying registry records.
It does not require the recipient to navigate seven separate frameworks, identify which clauses apply to them, or request supplementary documentation. Every mandatory item is present on delivery. The SDG co-benefit mapping, the Article 6 double-counting analysis, the VCMI-aligned claim statement, the DEFRA Good Quality compliance note, and the ISO 14068-1 §11.4 documentation are all produced as standard elements of every transaction — not as extras available on request.
For Sovereign Portfolio transactions, the pack additionally includes CA documentation, CORSIA Phase 1 eligibility confirmation, and the host country NDC adjustment reference. The framework mapping in Section 6 of the pack explicitly cross-references each element against the clause reference in each applicable framework.
The 360° Impact Portfolio evidence pack satisfies the mandatory requirements of ICVCM, ISO 14068-1, VCMI, DEFRA, CORSIA, and SBTi v2.0 simultaneously — in a single document, delivered within 14 working days of transaction. The 30-minute discovery call is the starting point.