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All projects submitted to TICOS are processed through a robust three stage validation procedure and must conform to both the TICOS Operational Procedure and the TICOS Validation Standard.
Our whole offset programme is subject to independent validation, not just the carbon calculations or project benefits. Validation includes how the programme operates and how all finances are used. Thus any company working within our operational procedure will be assured of a due diligence assessment.
Please contact us if you wish to view our Validation Standard.
The TICOS three stage validation procedure:
John Swarbrooke (the Director of the Centre for International Tourism Research at Sheffield Hallam University) and his team of specialists analyse the project application matrix to check that it is bona fide. As and when required, the project applicants are contacted with a series of tailored questions based upon their proposal. All non-carbon benefits are researched including the finances.
Hugh Somerville and his team at Carbon Offset Ltd (COL) calculate the likely carbon offset values based upon the number of tonnes of CO2 to be saved. COL then divide this by the proposed financial contribution by TICOS (often a lot less than 100%) and reach a cost per tonne. All figures for projects of interest will be provided to potential funders and TICOS will assist you in making a judgement in selecting which project(s) you want to support.
Stefan Gössling, (an Associate Professor working at the Department of Service Management at Lund University in Sweden) who is entirely independent, will then look at the proposal as a whole and will cast his expert opinion and will sign off projects if/when satisfactory. Stefan also works closely with the Intergovernmental Panel on Climate Change (IPCC).