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MetricCarbon markets and climate action

Carbon-credit volume by cancellation status

Measurement answer

What this metric measures

Carbon-credit volume by cancellation status is a structured disclosure of verified outside-value-chain credits by lifecycle state, project and quality attributes, and reporting-period or future-contract horizon.

Specification

Metric specification

Result format
Structured table
Unit
Structured table — see field-level units
Reporting basis
Reporting-period flow or separately dated future contractual horizon
Aggregation
No aggregation across lifecycle states, incompatible horizons or methods
Pillar
Environmental
Topic
Carbon markets and climate action
Controlled domain
Climate and greenhouse gases
Entity type
Metric

Reporting boundary

Verified mitigation projects outside the reporting entity's own operations and upstream and downstream value chain. Credits remain outside the gross GHG inventory and target performance, and each serialised instrument is counted once in one compatible lifecycle-state row.

Verified source occurrences

Framework coverage

This is one canonical metric. The bindings below show every verified framework occurrence without creating duplicate metric pages. Edition, disclosure, role, and relationship remain source-specific.

  • Adopting Disclosure

    CDP Full Corporate Questionnaire 2026

    carbon-credit-volume-by-cancellation-status
    Publisher
    CDP
    Edition
    Full Corporate Questionnaire and Reporting Guidance 2026 v1.3, revised 6 August 2026
    Requirement
    Conditional
    Relationship
    Reuses Canonical Metric
    Mapping outcome
    Reused
    Source locator
    Q7.79.1, numeric field 1
    Open official framework source
  • Adopting Disclosure

    European Sustainability Reporting Standards

    Source evidence
    Publisher
    European Commission
    Edition
    Consolidated text as of 1 January 2025
    Requirement
    Not Specified
    Relationship
    Defines Disclosure
    Mapping outcome
    Direct Evidence
    Source locator
    Binding Commission Delegated Regulation (EU) 2023/2772 consolidated 1 January 2025, ESRS E1-7
    Open official framework source
  • Measurement Authority

    GHG Protocol

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    Publisher
    GHG Protocol
    Edition
    Version 1.1, published 30 June 2026; effective 1 January 2027
    Requirement
    Not Specified
    Relationship
    Reuses Canonical Metric
    Mapping outcome
    Reused
    Source locator
    p.106, Reporting GHG credits, bullet 1
    Open official framework source
  • Measurement Authority

    GHG Protocol

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    Publisher
    GHG Protocol
    Edition
    Version 1.1, published 30 June 2026; effective 1 January 2027
    Requirement
    Not Specified
    Relationship
    Reuses Canonical Metric
    Mapping outcome
    Reused
    Source locator
    p.106, Reporting GHG credits, bullet 2
    Open official framework source
  • Adopting Disclosure

    GRI 102: Climate Change 2025

    carbon-credit-volume-by-cancellation-status
    Publisher
    Global Reporting Initiative
    Edition
    GRI 102: Climate Change 2025; effective 1 January 2027
    Requirement
    Conditional
    Relationship
    Reuses Canonical Metric
    Mapping outcome
    Reused
    Source locator
    Disclosure 102-10-a, PDF page 38
    Open official framework source

Value structure

Dimensions and units

Unit
Structured table — see field-level units
Reporting basis
Reporting-period flow or separately dated future contractual horizon

Unit meaning: This metric is reported as a structured table; each field carries the unit stated in the table fields below.

Table fields and units

  • Lifecycle state and reporting period or future contractual horizon
  • Contractual status and cancellation date
  • Credit volume (tCO₂e — metric tonnes of carbon dioxide equivalent represented by carbon credits)
  • Share of volume (% of compatible disclosed carbon-credit volume for the same lifecycle state and horizon)
  • Result type and sink class
  • Quality standard and version
  • Project geography, EU flag and Article 6 corresponding-adjustment status
  • Registry, project identifier and vintage
  • Missing-value or validation status

Published dimensions

  • Carbon-credit lifecycle row
  • Cancelled, purchased-not-cancelled or planned-for-future-cancellation state
  • Reporting period or future contractual horizon
  • Reduction or removal result type
  • Quality standard and version
  • Registry, project identifier, geography and vintage
  • Paris Agreement Article 6 corresponding-adjustment status

Disclosure method

Formula information

Status
Not applicable
Formula type
Structured Disclosure

Disclosure form

No single formula

Populate the structured fields from qualifying source observations and retain each field-level unit, boundary, status, and method; do not collapse the disclosure into one calculated value.

Verified sources

Evidence and status sources

Sustopedia checked each record-specific claim directly against primary publisher material. Labels distinguish current measurement authority from future compatibility and corroborative, legal, edition, or method status context. Corroborative evidence can support a stated limitation but cannot establish the core measurement by itself.

Measurement evidence

  • Measurement evidenceChecked 15 August 2026

    Commission Delegated Regulation (EU) 2023/2772 supplementing Directive 2013/34/EU as regards sustainability reporting standards

    Publisher
    European Commission
    Edition
    Consolidated text as of 1 January 2025
    Locator
    Binding Commission Delegated Regulation (EU) 2023/2772 consolidated 1 January 2025, ESRS E1-7

    Supports: Official publisher reference linked specifically to the Sustopedia metric “Carbon-credit volume by cancellation status”; interpret it with the source-edition basis and limitations shown on this page.

    Open official source

Use with context

Interpretation boundaries

Method disclosures required

Source-edition basis: Binding Commission Delegated Regulation (EU) 2023/2772 consolidated 1 January 2025, ESRS E1-7; the adopted 3 July 2026 annex is compatibility evidence only until Official Journal publication.

  • Lifecycle state, reporting period or future horizon, contractual status and cancellation date
  • Credit volume in tCO₂e, spelled out as metric tonnes of carbon dioxide equivalent represented by carbon credits
  • Share numerator and compatible disclosed carbon-credit-volume denominator for the same lifecycle state and horizon
  • Reduction or removal result type and nature-based, biogenic or technological sink where applicable
  • Quality standard, version, registry, project identifier, vintage and geography
  • EU project flag and Paris Agreement Article 6 corresponding-adjustment status
  • Evidence that each serialised credit is counted once and not duplicated across lifecycle states
  • Unavailable fields and reasons, never silently represented as zero
  • Governing ESRS edition and legal status at the reporting date

Record-specific limitations

  • Cancellation status is not evidence of credit quality, additionality, permanence, ownership, neutrality or corresponding adjustment.
  • Future contractual volume may not be delivered or cancelled and must remain separate from reporting-period cancellations.
  • A credit that moves lifecycle state remains one instrument and is not added again as a new observation.
  • Registry terminology such as retired is source-system metadata and requires validation before mapping to a controlled lifecycle state.
  • Missing, inapplicable and not-assessed values remain explicit and are never converted to zero.

Interpret this metric with the stated reporting boundary, period convention, value shape, and unit. Results prepared with different boundaries or conventions may not be directly comparable.

Measurement evidence supports the core record-specific claims described above. Corroborative evidence can support limitations, while compatibility and status sources provide their separately labelled context. None of these cards by itself determines an organisation's legal applicability, filing readiness, assurance status, or compliance conclusion.