•• A reliable and recognized mechanism
A proven track record of success
The International REC Standard Foundation is acknowledged by major reporting frameworks such as the Greenhouse Gas Protocol (GHGP), CDP, and RE100 as a reliable backbone for credible and auditable tracking instruments. The I-REC Standard’s Accredited tracking systems such as the I-REC for electricity are recognized by a myriad of governments, electricity market stakeholders, and grid operators. As a result, the I-REC Standard is directly or indirectly represented in national legislation in countries like the UAE, Israel, Thailand, Singapore, and locations in South America.
The I-REC Standard ensures that all RECs for electricity are in adherence with major international sustainability standards including GHGP, CDP, RE100, ISO, as well as national standards such as the Singaporean REC Standard. Energy consumers can use I-REC(E)s to meet the requirements of these standards and corporate, social responsibility policies as I-REC(E)s are trusted by market players and NGOs alike. Stringent environmental labels have recognized them when they are produced from compliant production devices. Consequently, attribute tracking systems adherent to the I-REC Standard have a proven track record of robustness and trustworthiness, which have led to year-on-year increases in market volumes.