Governance at Sylvera

Sylvera is building confidence in carbon markets through its independence and integrity

Developers, buyers, exchanges, governments and regulators all trust Sylvera’s ratings. That is because, from inception, Sylvera has committed to remaining free from conflicts of interest, generating only robust, data-driven ratings, and building high-integrity governance structures and processes.

Central to this is Sylvera’s commitment to never sell carbon credits. For the carbon markets to have environmental integrity, they need an independent data provider that is free from conflict. You can read more in our Code of Conduct about how, in everything Sylvera does, conflicts are either avoided or carefully managed.

Sylvera has developed market-leading, robust and data-driven ratings and ratings frameworks. The development of each framework typically takes between 1,500 and 2,500 hours, and each rating can take in excess of 100 hours to generate.

To ensure Sylvera’s ratings frameworks are peer-reviewed and reflect the latest scientific consensus, all new and materially amended ratings frameworks are reviewed by a Framework Review Committee (more below) made up of leading scientific experts and carbon market stakeholders.

Sylvera believes that transparency in how it operates and takes ratings decisions is critical to building trust and as such is committed to publishing its ratings frameworks and policies.

Sylvera recognises the influential position that it has in the carbon markets and its resultant duty to act fairly between stakeholders. Sylvera is committed to engaging constructively with all stakeholders (especially project proponents) and members of the public. You can read more about Sylvera’s Project Proponent Relationship and Grievance Policy here and contact projectratings@sylvera.io should you have any concerns you wish to discuss.

Lastly, Sylvera is active in supporting policy makers to ensure regulation, legislation and guidance is developed to accelerate the scaling of high-integrity carbon markets and carbon policy. You can see all of our policy consultation responses here.

Code of Conduct and Policies

Sylvera is committed to maintaining policies that drive the highest standards of independence, integrity, transparency and fairness, whilst ensuring accurate and robust ratings.

Sylvera’s current Code of Conduct and other policies can be found here:

• Definitions
• Code of conduct
• Ratings Review and Release Policy
• Monitoring and Amendments to Ratings Policy
• Material Non-Public Information Policy
• Fees Policy
• Project Proponent Relationship and Grievance Policy
• Frameworks Policy
• Gifts and Entertainment Policy
• Analyst Training Policy
• New Ratings Policy
• Separation of Rating Personnel from Commercial Activities Policy