Overall process

General steps of the process

To issue and distribute Climate Dividends, the Contributing Entity must complete the following 5-step process.

Overall Climate Dividends process

How long does it take?

The duration of the whole process depends on multiple elements, mainly:

  • is it your first claim or are you within the validity period of your SDD? cf SDD vs Claims

  • have you already validated the Eligibility criteria (e.g. you've already conducted your carbon footprint)? cf Eligibility and particularly At company level.

  • have you already conducted a LCA or an avoided/removed emissions assessment of your Solution?

Depending on these elements, it can take from < 1 week to 6 months if you really start from scratch. Check this approximative timeline to learn more.

Role of the Climate Dividends team

All along the process, the Climate Dividends team will support you to complete those steps by providing guidance and having regular check-ins with you.

Below is to help you understand better who does what during the process.

What does RACI stand for?

More on the RACI matrix here.

Basically:

  • R = "Responsible" = the person directly in charge of doing the work

  • A = "Accountable" = the person responsible for overseeing the task completion (but not necessarily doing the task herself)

  • C = "Consulted" = the person responsible for reviewing and signing off the work

  • I = "Informed" = the person(s) that are updated on the evolutions of the work

Macro-step
Step
Climate Dividends
Company (+ external consultants, if relevant)
0. Project preparation

Consulted

Responsible Accountable

1. Eligibility

Assessment

Consulted

Responsible Accountable

2. Evaluation

Accountable Consulted

Responsible

2. Evaluation

Consulted

Responsible Accountable

2. Evaluation

SDD formalisation

Consulted

Responsible Accountable

3. Validation & Verification

Finding the VV

Accountable Consulted

Responsible

3. Validation & Verification

VV's intervention

Informed

Accountable

4. Issuance

Issuance

Responsible Accountable

Informed

5. Distribution

Distribution

Responsible Accountable

Consulted

First year vs following years

`The process is slightly different between the first year of issuance and the following ones.

See the dedicated page (SDD vs claims) for more information.

Last updated