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GSEnergy Efficiency - IndustrialChinaACM0012

The CDQ Project in Tranvic Group

GS-366 ↗ · current registry ID: GS2460

#803of 1329 in Industrial#809of 1084 in China#1199of 1801 in Gold Standard (GS)#12of 28 in ACM0012

4.7/ 10
Integrity
4.5
Transparency
5.0
Claim Safety
5.0
Documentation
4.0

Audit Analysis

The CDQ Project is a Gold Standard industrial energy-efficiency project in China with confirmed additionality (combined test, VVB-verified in 2025) and reasonable pro-rata delivery (~104% of expectation). However, the project carries significant MRV concerns: a site-visit gap exceeding three years, over twenty corrective actions, an unaddressed leakage assessment in the most recent verification, and a project-specific baseline with no documented reassessment. The low extraction confidence and multiple cross-document contradictions further erode confidence in the data record.

Red Flags

  • Site-visit gap exceeded three years, forcing CAR-1 to limit the claim to reductions within three years of the visit — a material MRV weakness
  • Leakage deduction of 0% with justification recorded as 'not addressed' in the 2025 verification report, contradicting the 2020 report which stated it was quantified
  • Over twenty corrective actions required in the 2025 verification, including inconsistent electricity monitoring data, missing calibration coverage, and incorrect transmission-loss default values
  • Grid emission factor dated 2012 (0.7338 tCO₂/MWh) with no evidence of update to a more recent year

Credit Vintages

IssuedRetiredAvailable
2013
76,33876,25385
2014
90,90660,83230,074
2015
115,36882,97132,397
2016
46,07144,9711,100
2017
40,17340,1730
2018
154,593149,6094,984
2019
167,108119,72447,384
2020
31,0896,62124,468
Total721,646581,154140,492

Risk Indicators

Additionality

Combined test, VVB-confirmed (2025)

Permanence

no reversal events stated

Leakage

0% deduction, justification 'not addressed' (2025)

Baseline

Project-specific; no reassessment date found

Safeguards

Grievance & benefit-sharing present; FPIC not conducted

Double-claim

CORSIA and CCP status not stated

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Analysis ProvenanceScored2026-09-06ACM0012

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