Hebei Yingxin Glass Group Co. Ltd. Glass Furnace Flue Gas Waste Heat To Energy Project (300502)
Score Breakdown
Integrity
verified Additionality was confirmed by the VVB using an investment test, which supports the project’s core crediting case.
missing The verification report records corrective actions and a calibration problem, and the reported emission reductions were 12.5% lower than the PDD estimate.
Transparency
verified The monitoring period, VVB name, methodology version, and crediting period are stated in the verification report.
missing Total verified versus claimed emission reductions are not found in the extracted record, and the usage monitoring method is not stated.
Claim Safety
verified The project uses a project-specific baseline under ACM0012, and leakage is described as negligible with a 0% deduction.
missing CORSIA eligibility is not stated and CCP status is only noted as not mentioned, leaving some residual claim-risk uncertainty.
Documentation
verified The record includes a named VVB, a defined monitoring period, and multiple verification findings, showing a substantive documentation trail.
missing One key document was only extracted with medium confidence, and several important fields such as buffer pool coverage and usage monitoring are not stated.
Detailed Analysis
Integrity
The verification report confirms additionality through an investment test and says the leakage deduction was 0%, which is supportive for integrity. However, the same report records multiple corrective actions and a calibration issue, and it notes that the reported emission reductions were 12.5% lower than the PDD estimate, which weakens confidence in the robustness of the quantified outcome.
Transparency
The project documentation identifies the VVB, the monitoring period from 2018-06-01 to 2019-12-31, the crediting period, and the methodology version, which helps traceability. At the same time, total claimed versus verified emission reductions are not found in the extracted record, and the usage monitoring method is not stated in available documents, limiting transparency.
Claim Safety
The project uses a project-specific baseline under ACM0012, and the verification report describes leakage as negligible with no leakage during the monitoring period. Still, CORSIA eligibility is not stated and CCP status is only not mentioned, so there is no strong evidence that dual-market claim risk is fully excluded.
Documentation
The record contains a named verification body, a defined monitoring period, and a detailed list of verification findings, which indicates a meaningful documentation trail. But the extraction confidence is only medium, the buffer pool is not stated, and several operational fields are missing, so the documentation package is incomplete for high-confidence assessment.
Overall
I privileged the 2020-09-25 verification report over the earlier 2018-09-21 document where the contradiction concerns leakage and reversal treatment, because it is the more recent and project-specific verification evidence. For leakage, I used the later report’s statement that leakage was deemed negligible and that there was no leakage during the monitoring period; for reversals, I kept the more cautious interpretation that reversal events are not addressed because the later record does not provide a clear permanence treatment. The contradictions and the presence of corrective actions reduce reliability, but the project still retains moderate quality because additionality was VVB-confirmed and the baseline/leakage framework is at least partially documented.
Audit Analysis
This is a reasonably documented Gold Standard industrial energy-efficiency project with VVB-confirmed additionality and a project-specific baseline, but the evidence set has notable gaps and some verification issues. The main weaknesses are missing public-facing operational details, no quantified buffer pool, and corrective actions raised during verification, which reduce confidence in the claimed reductions.
Project Description
Developer: Swiss Carbon Assets Ltd. Type: Energy Efficiency - Industrial Size: Large Scale Methodology: ACM0012 Waste energy recovery Crediting period: 2010-01-01 → 2019-12-31 Estimated annual credits: 67906 tCO2e SDGs: Goal 13: Climate Action, Goal 8: Decent Work and Economic Growth, Goal 7: Affordable and Clean Energy
Red Flags
- The verification process raised corrective actions and clarifications, including a calibration issue and a reported 12.5% gap versus the PDD estimate.
- Leakage and reversal treatment are not fully robustly documented: leakage is described as negligible, but reversal events are only noted as not addressed and no buffer pool is stated.
Credit Vintages
| Issued | Retired | Available | ||
|---|---|---|---|---|
| 2010 | 65,398 | 62,157 | 3,241 | |
| 2011 | 41,185 | 41,185 | 0 | |
| 2012 | 45,078 | 44,897 | 181 | |
| 2013 | 69,260 | 69,260 | 0 | |
| 2014 | 60,807 | 60,807 | 0 | |
| 2015 | 61,156 | 61,056 | 100 | |
| 2016 | 60,303 | 60,303 | 0 | |
| 2017 | 59,296 | 57,399 | 1,897 | |
| 2018 | 58,921 | 57,655 | 1,266 | |
| 2019 | 63,986 | 50,586 | 13,400 | |
| Total | 585,390 | 565,305 | 20,085 |
Cosa migliorerebbe questo punteggio
- Publish a complete verification package with verified versus claimed emission reductions, the usage monitoring method, and a clear explanation of the 12.5% variance versus the PDD estimate.
- Provide explicit permanence and claim-safety evidence, including buffer pool treatment or reversal risk assessment, and clear statements on CORSIA eligibility and CCP status.
Questi suggerimenti indicano quali prove pubbliche aggiuntive potrebbero migliorare il livello di confidenza di questa valutazione. Non garantiscono un punteggio futuro più alto.
Risk Indicators
VVB-confirmed investment test
reversal treatment not addressed
0% deduction, deemed negligible
project-specific baseline
FPIC and grievance mechanism present
CORSIA/CCP status not stated
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Registry Documents
monitoring
- (1)Monitoring Report_2nd monitoring period_01.01.2012 to 03.31.2014_v3.2.pdf
- Monitoring Report_3rd monitoring period_01-04-2014 to 31-12-2016_v2.0.pdf
- (1)Monitoring Report_4th monitoring period_01.01.2017 to 05.31.2018_v3.pdf
- (1)Monitoring Report_1st monitoring period_01.01.2010 to 12.31.2011_v3.pdf
- Monitoring Report_3rd monitoring period_01-04-2014 to 31-12-2016.pdf
- MR_Yingxin WHR_GS750_v2.0_track.pdf
- +2 more
validation
- (1)Verification Report_2nd monitoring period_01.01.2012 to 03.31.2014_v2.pdf
- (1)Verification Report_4th monitoring period_01.01.2017 to 05.31.2018_v2.pdf
- (1)Verification Report_1st monitoring period_01.01.2010 to 12.31.2011_v1.pdf
- Verification Report_Yingxin WHR GS750_MP5.pdf
- Verification Report_Yingxin WHR GS750 MP5-202009.pdf
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