Advanced Refrigeration - ARS2023008

Audit Analysis

A multi-state US refrigeration retrofit project verified by Tuv Sud with a confirmed combined additionality test, but the first monitoring report surfaced seven material findings (corrective action requests) involving calculation errors, a missing facility, and scope inconsistencies. The verified emission reductions (55,756) exceed the original ex-ante lifetime estimate (55,715), raising over-crediting concerns that appear linked to a mid-period project expansion (Kansas facility) that was not reflected in the baseline documentation.

Project Description

Red Flags

• ⚠Verified ERR of 55,756 exceeds the ex-ante lifetime claim of 55,715, indicating the project delivered more than its original lifetime estimate in a single ~11-month monitoring period — a strong signal of scope expansion or calculation error
• ⚠Seven material findings (CARs) in the monitoring report, including a doubled refrigerant charge size, a missing Kansas facility, and a baseline cooling-capacity error at Dodge City, all pointing to significant data-quality weaknesses in the first reporting cycle
• ⚠Crediting-period start date is inconsistent between the monitoring report (2024-01-08) and another document (2024-09-05), creating ambiguity about the true project start and the applicable baseline period

Credit Vintages