Platts proposes to update projects reflected in its Household Devices assessments

Platts, a division of S&P Global Commodity Insights, is proposing to update the types of credits it reflects in its Household Devices voluntary carbon credit assessments from Jan. 2, 2023, in order to better reflect the most fungible credits available in the market.

This proposal follows on from the Platts Voluntary Carbon Markets methodology consultation here: https://www.spglobal.com/commodityinsights/en/our-methodology/subscriber-notes/062822-platts-to-launch-voluntary-carbon-markets-methodology-consultation.

As part of the consultation, Platts sought feedback from market participants on various elements that make up the Platts voluntary carbon credit methodology. The feedback was sought as part of the process to ensure the Platts assessments reflect the fast-evolving market.

Platts is proposing to update its definition of credits reflected in its Household Devices assessments to include credits generated by Cookstoves and Water Access projects including, but not limited to, water filters and boreholes.

Currently, the Platts methodology defines Household Devices projects as any projects that lead to improved Energy Efficiency and Water Access including, but not limited to, Clean Cookstoves projects, improved building energy efficiency, and clean water access. The proposed change would remove improved building energy efficiency projects from the definition.

Please send any feedback to Platts_Carbon@spglobal.com and pricegroup@spglobal.com by Nov. 11, 2022. For written comments, please provide a clear indication if comments are not intended for publication by Platts for public viewing.