CIRCULAR CREDITS STANDARD
Ensuring socially inclusive and environmentally effective solutions for waste pollution
A standard for socially-inclusive projects
The Circular Credits Standard consists of a framework of principles, criteria, auditing protocols, guidance notes, and implementation guidelines (see Resources) to assist circular action projects to maximise their social and environmental impacts and participate in the Circular Credits Mechanism.
Inclusiveness and continuous improvement
The CCS aims to be accessible to initiatives in all stages of development, engaging them in a learning-by-doing process to enhance their practices and impact in a continuous improvement trajectory.
It was designed focusing, particularly, at projects that conduct the collection and sorting of waste materials in developing countries, involving waste picker groups, cooperatives and SMEs.
Simple but comprehensive requirements
The Principles and Criteria of the CCS aim to ensure that the application of the standard results in environmentally robust and measurable impacts, while contributing to the improvement of working conditions and remuneration of those involved in circular action projects.
In order to allow for the independent verification of projects’ quantitative and qualitative impacts, the CCS provides auditors with a set of auditing protocols and verification checklists already applied and continuously improved with the help of international certification companies.
Best practices for systems improvement
The CCS strives to continuously evolve, through a learning by doing process involving consultation with a wide range of stakeholders and following guidelines of ISEAL and WWF's Principles for Credible Standards and Certification Schemes.
Governance and Oversight
Recognising that there is a huge diversity of circumstances, technologies, and approaches that can be used by projects in different parts of the world, the CCS adopts a ‘learning-by-doing’ approach and strives for continuous improvement of its requirements based on the experience learned with participating projects.
To guide this learning process, an Advisory Group and a Technical Advisory Committee were created with representation from both the ‘buy-side’ (corporates, donors, investors) as well as technical, scientific, and social sector organisations interested in the social and environmental quality of the initiatives promoted.