Rubicon Carbon Launches Verified RRT Carbon Portfolios
Rubicon Carbon, a leader in carbon credit management, has launched the Rubicon Rated Tonne (RRT), a new initiative offering curated carbon credit portfolios aimed at customers who require third-party verification.
The inaugural portfolio has achieved an AAport rating from BeZero Carbon, a well-regarded independent carbon ratings agency. This rating is part of BeZero’s Portfolio Rating framework, which assesses the likelihood of each carbon credit effectively achieving one ton of CO2 equivalent (CO2e) avoidance or removal.
Building Confidence in Carbon Credit Purchases
The Rubicon Rated Tonne is designed to minimize the risks involved in carbon credit purchases, thereby increasing buyer confidence and catalyzing investments in climate resilience initiatives.
The first portfolio in this series includes a diverse mix of carbon removal projects, nature-based solutions, and initiatives focused on super-pollutant elimination. All of these projects have undergone Rubicon Carbon's stringent due diligence process and have earned the AAport rating based on the quality and integrity of the credits they offer.
Tom Montag, CEO of Rubicon Carbon, said, “We believe that growing the voluntary carbon market will require cooperation among industry leaders to build buyer confidence among companies seeking to make progress towards their sustainability goals.”
He added, “This partnership underscores Rubicon Carbon’s and BeZero’s shared commitment to transparency and environmental integrity. With risk-adjustment already built into the Rubicon Carbon Tonne, we’re excited to bring third-party validation and rigor to this innovative approach.”
Also read: VCM and Enowa Join Forces to Provide 30 Million Tons of Carbon Credits
Rigorous Third-Party Verification
To receive a BeZero portfolio rating, all individual credits within the portfolio must have a rating of B or higher, with an additionality risk rating of ‘b’ or above.
The portfolio must also adhere to strict guidelines, including the requirement that at least 25% of credits match the portfolio’s overall rating, with no credits falling more than two notches below it. Lower-rated credits must undergo additional retirements based on BeZero’s discount schedule to ensure carbon integrity.
The RRT portfolio provides a layer of confidence to buyers by incorporating risk adjustments and third-party validation, helping businesses better determine how many carbon credits are required to meet their emissions reduction goals.
