Skip to main content
CarbonMeld CarbonMeld Carbon Observatory
Tools
EN
ScoredVCSavoidanceKorea, Republic ofVintage 2015Registry: RegisteredACM0012

Hyundai Steel Waste Energy Cogeneration Project

Developer: Hyundai Green Power CO., Ltd

VCS-786 ↗

#183of 1735 in Industrial#6of 84 in South Korea#311of 1608 in Verra (VCS)#1of 91 in ACM0012

Assessment

CarbonMeld document-based assessment

01020304 Overall 6.8 / 10 Dimension scores are locked — the faint arcs are empty tracks, not zero scores.

Scale 0–10 · method weights: integrity 35% · transparency 25% · claim safety 25% · documentation 15%.

Analysis

Hyundai Steel Waste Energy Cogeneration Project (Korea, Republic of) recovers waste energy (heat, gas or pressure) for power, heat or mechanical use (waste gas processing equipment including 2 sets of 450 kW COG booster fans and 1 set of 240 kW LDG booster fans) under ACM0012 version 4.0.0; registry status Registered (VCS), 13,743,903 credits issued (vintages 2010–2018). The documents name First Environment, Inc as validation body and First Environment, Inc (2010-03-24 – 2010-12-31, 2011-01-01 – 2011-12-31), China Classification Society Certification Company (2013-06-01 – 2017-06-30), Shenzhen CTI International Certification Co., Ltd (2017-07-01 – 2020-03-23) as verification bodies. The latest verification report (01/07/2017 – 23/03/2020) verifies 4,170,592 tCO2e. The latest monitoring period achieved 86% of its ex-ante estimate (per the monitoring report).

Red Flags

No red flags detected.

Findings

Risk Indicators

Additionality

🔒

Permanence

🔒

Leakage

🔒

Baseline

🔒

Safeguards

🔒

Double-claim

🔒

Risk indicator details are a Premium feature

Score Breakdown

Score factors per dimension are a Premium feature — Unlock with Premium

Detailed Analysis

The detailed per-dimension analysis is a Premium feature — Unlock with Premium

Evidence

Unlock the full analysis

Per-dimension scores, risk indicators, score factors, detailed analysis, and 24 registry documents (20 read).

€9+ VAT per month · card subscription, renews automatically until you cancel

Every rated project, PDF reports, API access, portfolio alerts and per-dimension scores with red-flag details in side-by-side comparisons (public-data comparison is free; fair use: 30 projects per day). Cancel any time from your account page. Crypto: $9 for one month, no automatic renewal.

Price + VAT · By subscribing or paying you accept the Terms of Use — the card subscription renews every month until you cancel; digital content, no refunds. How Premium works

Eligibility & market

What can you claim with this credit?

Four checks buyers ask about, from the registry and the Integrity Council (ICVCM).

  • Airlines (CORSIA)

    No CORSIA label on the registry

    Not usable for airlines' CORSIA obligations.

    Source: registry label

  • Integrity label (ICVCM CCP)

    No ICVCM information

    No CCP label and no ICVCM decision found for this project's methodology.

  • Removal or reduction

    Emission reduction or avoidance

    Prevents or reduces emissions — fits contribution claims, not SBTi neutralisation.

    Source: project sector

  • Paris Agreement (Article 6)

    No Article 6 authorization

    No corresponding adjustment: the host country can also count this reduction towards its own target.

    Source: registry label

Information only, from public sources. Claim rules (CORSIA, SBTi, EU rules on green claims) change: check them before making a public claim. Since 27 September 2026, EU consumer rules do not allow “climate neutral” product claims based on offsets.

Registry labels last checked:2026-10-25

Credit Vintages

IssuedRetiredAvailable
2010
871,522871,5220
2011
1,987,7941,967,27210,522
2012
1,999,0401,998,640400
2013
1,714,3451,490,011224,334
2014
1,564,2691,176,222388,047
2015
1,384,7861,384,7860
2016
1,249,8241,213,00036,824
2017
1,460,6551,097,714362,941
2018
1,511,6687931,510,875
Total13,743,90311,199,9602,533,943

Methodology versions used

The methodology version stated in each monitoring, verification and issuance document, by period, compared with the official methodology pages.

  1. 2010–2011ACM0012 v4.0since replaced by v6.0

    monitoring report + verification report

    official page · verified on

  2. 2012–2013ACM0012 v4.0since replaced by v6.0

    monitoring report + verification report

    official page · verified on

  3. 2013–2017ACM0012 v4.0since replaced by v6.0

    monitoring report + verification report

    official page · verified on

  4. 2017–2020ACM0012 v4.0since replaced by v6.0

    monitoring report + verification report

    official page · verified on

  5. Period not statedACM0012 v4.0since replaced by v6.0

    issuance document

    official page · verified on

  • ACM0012: Active (CDM / UNFCCC) · official page · verified on

A version is shown only when the document's own text writes it next to the methodology code. Current versions, status and CCP ranges come from the official pages linked, checked on the date shown.

Documents on the registry

Retired by

Organisations named as beneficiaries in the registry's public retirement records. (+76)

Where to buy

Got an offer for these credits? Check it against the registry →

Marketplaces

+ Know where to buy this?

Listing multiple projects? Send us a CSV at [email protected].

Profile & governance

Analysis ProvenanceACM0012 version 4.0.0

Are you the project owner?

Metadata correction (free)

Name, country, marketplace or links incorrect? Let us know.

Does not modify the score.

[email protected] →

Contest this rating

Something wrong in the analysis, or a registry document we have not used? Send us the link to the public source: you get a reference and an answer within 30 days.

Contest this rating →