Turning waste into revenue: Unleashing the Power of Secondary Materials for Profitable growth and increased circularity
KWOTA is committed to providing you the platform necessary to help you manage your credits and increase your revenue on secondary materials used in production. With a proud global roster, your time is now to be part of the solution.
Calculate your potential additional revenue
Our solution is a win-win for environmentally conscious companies and production businesses who can repurpose their waste stream with the ultimate goal of reducing their impact on the environment.
We are accelerating material reuse for a carbon-neutral future. By doubling the circular economy, we could achieve the Paris Climate targeted by 2044. Doubling the circular economy is crucial part of the solution to the climate crisis
KWOTA Standard is the first global standard for digital verification of CO₂ reduction from material recycling and increased circularity in the voluntary carbon market. KWOTA Standard, procedures and methodologies reflect the International Organisation for Standardisation (ISO) principles for life cycle assessment (LCA) and greenhouse gas emissions quantification.
The secondary material baseline is unique to the relevant Production Facility and its supply chain, and it depends on the recycled
secondary material and on the historical and projected activity data. It is renewed regularly and at least after three years. A secondary material baseline is recalculated and renewed when a significant change in the relevant supply chain is set up, i.e. a new production line.
KWOTA can assure that all data is confidential to any third party. The data is used only by KWOTA for analyses and calculations to create carbon credits. Protecting our partner's data is a top priority for us. Data is securely stored only in Amazon Web Services, which meets the highest security compliance policies. Communication with KWOTA’s servers is encrypted; only authorised users can access the data.
KWOTA creates carbon credits based on a verified CO₂ reduction at the Production Facilities. Carbon credits will expire two years after the creation date and are, therefore only available for sale for three years.
KWOTA Standard and verification process were successfully audited by KPMG Baltics OÜ in autumn 2022.
The audit report includes the assessment of KWOTA processes’ compliance with the KWOTA Standard and greenhouse gas removal calculation methodology compliance to standard ISO 14064:2019.
Greenhouse gas reduction and carbon credits calculation analysis was carried out in cooperation with KPMG and Nomine Consult OÜ, which is the only EVS-EN ISO 14065 accredited verifier in Estonia.
Double-counting is any situation in which the same GHG emission reduction or carbon dioxide removal is counted, claimed, or credited more than once. Double-counting includes double issuance, double use, and double claiming.
Double issuance is any situation in which the same GHG emission reduction or carbon dioxide removal is credited by two or more projects, or through two or more GHG programs. To avoid double issuance of credits, Producers have to confirm that they have not signed or are going to sign an agreement with another carbon crediting service provider and/or platform to issue credits for the same GHG reduction project. KWOTA has added this as a separate paragraph in its Terms of Service agreement, which is obligatory for all Producers.
Double use is any situation where a GHG emission reduction or carbon dioxide removal or GHG-related benefit is further sold, transferred, retired, used, or canceled after having already been retired or used. To avoid double use of credits, KWOTA will retire sold credits immediately on behalf of the credit buyer and record it in the public KWOTA registry.
Double claiming is any situation in which the same GHG emission reduction or carbon dioxide removal is credited or claimed by more than one entity towards separate mitigation targets or emissions inventories. Double claiming includes when a GHG emission reduction or carbon dioxide removal is credited under a GHG crediting program and the same emission reductions and removals or GHG-related benefits are also credited or claimed under an emission trading program, binding emissions limit, or GHG-related environmental credit system. To avoid double claiming, KWOTA has taken an approach of contribution claims and supporting mitigation activities beyond the value chain using the guidance of the Science Based Target Initiative (SBTi) and Oxford Offsetting Principles.
KWOTA has implemented several measures to ensure the prevention of double-counting or double-selling of CO₂ savings:
1. Credit Creation and Tracking: KWOTA generates carbon credits exclusively for verified additional CO₂ savings, and each carbon credit is meticulously recorded in the KWOTA registry with a unique serial number.
2. Material Producer's Confirmation: Before carbon credits are issued, the material producer must confirm that these CO₂ savings have not been directly or indirectly listed for sale elsewhere or already sold through other registries or carbon markets.
3. Immediate Retirement: When a company purchases KWOTA carbon credits, they are promptly retired and marked as such in the registry. This immediate retirement eliminates any chance of double-counting and prevents any potential reselling or double-claiming. KWOTA carbon credits can only be sold once.
4. Restrictions on Use: Companies that voluntarily acquire carbon credits from KWOTA are restricted from deducting these CO₂ savings from their own carbon footprint or making claims such as "carbon-neutral" or "emission-free" for themselves or their products. They can use the carbon credits as additional mitigation activities or climate finance beyond their value chain.
5. KWOTA carbon credits are not designed for offsetting: they represent contribution claims, aligning with best practices recommended by SBTi (Science-Based Targets initiative) and Oxford Offsetting Principles. Consequently, companies must maintain transparency regarding their own carbon footprint and communicate KWOTA carbon credits solely as an additional, voluntary contribution to climate action and the circular economy. These practices also align with the EU's Green Claims Directive, which emphasizes transparency in reporting and prohibits offsetting.
KWOTA is against any double-counting, double-claiming and greenwashing. Therefore we have prepared a simple and short list of main principles regarding claims for our customers:
1. monitor and evaluate regularly your company’s or products’ carbon footprint and find ways to make it more circular and climate-friendly;
2. Be transparent and honest in communicating about your products, sustainability, social values, governance and carbon footprint, and in making environmental claims;
3. Don’t just set long-term goals and wait for the technology or silver bullet, instead take immediate action today and contribute to as many SDGs as possible;
4. Do not hide or offset your carbon footprint, instead find ways to reduce it efficiently and use KWOTA tokens for additional contribution or compensation that goes beyond your own value chain;
5. Report clearly and openly about your own carbon footprint, progress towards net-zero and additional contributions and actions such as contributing to circularity via KWOTA tokens.
No, it costs as much as one cup of coffee to compensate 1 month of driving.
1. When materials are recycled instead of being discarded, it reduces the need to extract, process and manufacture new materials. Meaning fewer greenhouse gases are emitted in the production process, as energy and resources are conserved.
2. Circularity can reduce emissions associated with waste disposal. Waste in landfills can produce methane - a potent greenhouse gas. Recycling can dramatically reduce this.
3. Circularity can reduce emissions associated with transportation. When materials are sources, processed and manufactured locally, it reduces the need to transport them long distance (via ship, plane etc.)
To your surprise, many within Europe are doing their best to recycle. However it's at their own cost. Recycling is much more expensive and lengthy than using virgin materials. Many production plants will work at a loss if relying on recycled materials. This is why KWOTA developed a platform to validate and standardise the amount recycled. Try our self service dashboard to see your impact.
If you own a car, you are emitting on average 2 tons of CO2 per month. The equivalence of one 7 seater SUV. Owning an electric vehicle may not be a viable option for you just yet, but you can take accountability and fund projects that can make a difference for you.
