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Energy Attribute Certificates
for Climate Friendly Companies

When it comes to sustainably procuring renewable electricity, First Climate is your partner. With our international partner network of energy producers, we deliver green electricity through Energy Attribute Certificates (EACs) on a demand basis, in all common qualities and at particularly attractive conditions. Companies that want to be more climate-friendly can sustainably reduce their carbon footprint. 

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What are Energy Attribute Certificates? 

Energy Attribute Certificates prove that one megawatt hour of electricity was generated from renewable sources. They indicate how, when and where the electricity was generated. By purchasing a corresponding amount of EACs, you can reduce your energy-related carbon footprint for each of your global locations. For most companies, buying EACs is the easiest and most cost-effective solution to credibly achieve their climate protection goals.  

EACs Worldwide

EACs are available for many different markets and countries around the world. For the European market, we deliver Guarantees of Origin (GoOs). Of course, we also offer EACs from other regions of the world such as RECs for companies active in North America as well as I-RECs for locations such as India and China.  Our experts can give you comprehensive advice to meet your energy needs!

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European Energy Certificate System EECS

Guarantees of Origin are an established standards for Energy Attribute Certificates sold within the European Energy Certificate System (EECS).   

The most important areas to consider when purchasing EACs is the country of origin, technology type, time of production and age of the generation facility. Guarantees of Origin represent a wide range of renewable generation technologies from all across Europe such as hydropower, wind, biomass, solar and geothermal energy. 

First Climate makes sure that your EAC procurement strategy complies with international standards (e.g. GHG Protocol, CDP) and that the production and cancellation of your EACs are done in your name and in the relevant electronic registers, so that all national and European regulations are met.  

Green-e Energy Certified

RECs are the standard instrument for reducing scope 2 emissions in companies located in the USA and Canada.  

First Climate takes part in the Green-e programme, which is the leading certification programme in North America. Green-e is an important quality label for green energy products in the US and Canadian markets.  

First Climate is among the leading suppliers of Green-e certified green energy products and supports transacting RECs on the Green-e’s rules of consumer protection and environmental standards. Find out more about Green-e at www.green-e.org.  

Our certified renewable product, “Renewable Power North America” is based on EACs that come from 100% renewable resources. The product meets the guidelines of CDP and the GHG Protocol and can be effective for sustainability reporting. Companies that are active in the USA and Canada can effectively reduce their energy-related carbon emissions with this product.  

The International REC Standard IREC

The International REC Standard (I-REC) is an international standard for the production, tracking and cancellation of renewable electricity in countries that don’t already have a system for EACs. 

Through our work with the DACH organisation of the I-REC Standard, we are active in the development of the I-REC system and the promotion of renewable energy across the globe.  

First Climate delivers I-RECs for a wide variety of countries around the world, including China, India, Taiwan, Turkey, Vietnam and Mexico. I-RECs provide a sustainable, reliable and convenient way for companies to reduce their scope 2 emissions and promote the development of green energy. I-RECs can be used both to achieve voluntary climate protection goals as well as to meet mandatory requirements.  

These countries use their own national trading systems for renewables: Australian GreenPower, Japanese Green Energy Certificates and South African zaRECs.   

 

First Climate has access to all of these national programmes and enable you to procure Energy Attribute Certificates from these countries. 

Good to know: Upon request, we are happy to supply you with EAC-based green electricity that also meets special quality criteria, such as those of the OK Power Label or the Grüner Strom Label Gold.  

RECS International

Close Cooperation with RECS International

First Climate has many years of experience in trading Energy Attribute Certificates. We work closely with RECS International, the association of the most important market participants in this area. The common goal is to develop and improve market structures in Europe and the world. 

First Climate supports RECS International’s Renewable Good Practice Guidance and its guidelines for procuring green electricity for companies and consumers.  

All about Energy Attribute Certificates
  • Wo werden Aufforstungsprojekte durchgeführt?
    Die Aufforstung erfolgt auf Flächen, die seit langem stark degradiert sind, oft durch Abholzung oder Landwirtschaft. Aufforstungsprojekte können weltweit durchgeführt werden, abhängig von den Bedürfnissen und Zielen des Unternehmens. Es gibt Projekte in verschiedenen Ländern und Regionen, die unterschiedliche ökologische Herausforderungen angehen. Die Wahl des Standorts kann auch mit der Verbindung zum eigenen Unternehmen oder der Kundenbasis in Einklang gebracht werden.
  • Wie lange dauert es, bis Aufforstungsprojekte positive Auswirkungen zeigen?
    Die nachhaltige Wirkung von (Wieder-)Aufforstungen ist langfristig angelegt. Es dauert mehrere Jahre, bis die gepflanzten Bäume heranwachsen und ihre volle ökologische Funktion erfüllen. Unternehmen sollten solche Projekte deshalb als langfristige Investition betrachten, die über die Jahre hinweg positive Auswirkungen haben wird.
  • Carbon Footprint - what is it?
    The carbon footprint describes how many greenhouse gases are released during an action, activity, or process.
  • Carbon credits are incentives for additional emission reductions:
    By purchasing emission reduction certificates or carbon sink credits, companies effectively put an internal price on carbon, and  thus, create financial incentives to find additional ways to reduce the greenhouse gas emissions in their operations and supply chain. In this way, the internal carbon price makes it easier for business, for example, to invest in cleaner technologies and sustainable practices to reduce emissions and meet reduction targets.
  • How can a carbon footprint be reduced?
    There are various options for this as part of an individual climate strategy. For example, the purchase of green electricity certificates of origin or the development of a climate protection project along your value chain is conceivable.
  • What emissions are included in a carbon footprint?
    Contrary to what the term suggests, carbon dioxide is not the only emission taken into account when calculating a carbon footprint. Other greenhouse gases, such as methane, nitrous oxide, sulfur hexaflouride, hydrofluorocarbons, perfluorocarbons and nitrogen trifluoride are also included.
  • Why are some REDD+ projects criticized and what’s First Climate’s position?
    Recently, there have been criticisms from newspapers and other stakeholders alleging that REDD+ projects verified by VERRA do not fully deliver on their claimed climate impact. As a result, projects could overestimate the deforestation rate of what’s known as the “baseline scenario”, or the assumed development of the forest’s state without the project. In this sense, the alleged “baseline inflation” could lead to a project issuing more carbon credits than justified. Climate projects in the area of forestry conservation can be particularly challenging due to their complexity regarding implementation and verification. While it can therefore not be ruled out with certainty that baselines might have been overestimated in the past, First Climate deems the methods and certification procedures applied by the VERRA standard as sound and valid. First Climate welcomes the reporting and the debate it encourages as a vital component of the ongoing advancement of the REDD+ methodologies in the voluntary carbon market. In this sense, we also acknowledge VERRA’s ongoing efforts to further refine their respective methodologies. However, it is important not to lose sight of the bigger picture. We are in dire need of accelerated global climate action and forest protection is one of the most important pillars. REDD+ projects can play a key role in achieving the climate goals set by the Paris Agreement.
  • What is the aim of REDD+ Projects?
    REDD+ is a mechanism developed by the UN to help countries in the Global South conserve their forests. Through financial incentives, REDD+ promotes forest conservation, helps reduce greenhouse gas emissions, and supports economic diversification without clearing the forest.
  • What are the benefits of forest conservation and REDD+ projects?
    Forest conservation and REDD+ projects reduce greenhouse gas emissions by storing carbon, protect biodiversity by conserving forests, and improve the living conditions of local people by creating jobs and income.
  • How are forest conservation and REDD+ projects implemented?
    The implementation of these projects requires careful planning and collaboration with local communities. They go through several phases, including planning, implementation, and evaluation, to ensure that project objectives are achieved and the rights and needs of the local population are taken into account.
  • What are Energy Attribute Certificates (EACs)?
    The aim of Energy Attribute Certificates (EACs) is to provide information about the quantity and origin of electricity from renewable energy sources. However, this does not assess the ecological quality of the energy production.
  • Who can use Energy Attribute Certificates?
    Energy Attribute Certificates are particularly interesting for electricity producers who generate energy from renewable sources that are not subsidized by the EEG. These can be, for example, operators of mixed combustion plants (e.g. waste-to-energy plants) who want to market green electricity. Likewise, wind power and solar energy plants and pumped storage power plants that feed renewable or biogenic electricity into the grid can be registered in the guarantees of origin register.
  • Who issues energy attribute certificates?
    Electricity producers in Germany can obtain Guarantees of Origin (GoOs) from the Federal Environment Agency for the amount of electricity they produce from renewable sources and feed into the grid, insofar as it is not subsidized under the Renewable Energy Sources Act (EEG).
  • What are the benefits of guarantees of origin for green electricity?
    Electricity producers have the option of voluntarily participating in the register of guarantees of origin and selling their guarantees of origin to energy supply companies - regardless of the origin of the electricity. This enables additional financial profits for the generator and a positive effect on their own image, as customers and investors are placing increasing value on green power generation.
  • Is green electricity more expensive than normal electricity?
    In Germany, green electricity is on average no more expensive than electricity generated from fossil resources. In some cases, more favorable price for green energy compared to basic tarifs. One reason for this is that renewable energy technology, such as from solar and wind, is already widely used. Thanks to the widespread use of wind and solar farms, green electricity is thus becoming increasingly affordable. In Germany and many other countries, there are also subsidy programs for companies and private individuals that offer incentives for the installation of green power technologies.
  • Can every company source green electricity?
    There are several ways to benefit from green electricity. For example, companies can buy certificates that provide information about energy type, megawatts, and more.
  • Was ist der Unterschied zwischen Strom und Naturstrom von First Climate?
    Herkömmlicher Strom wird vorrangig durch die Verbrennung von Kohle, Gas und anderen fossilen Brennstoffen erzeugt. Im Gegensatz dazu stehen erneuerbare Energiequellen wie Sonne, Wasser oder Wind, die mithilfe entsprechender Technologien in Naturstrom umgewandelt werden. Der besondere Nutzen von Ökostrom liegt darin, dass bei seiner Gewinnung keine klimaschädlichen Treibhausgase erzeugt werden. Außerdem sind die Erzeuger nicht auf endliche Ressourcen wie Kohle und Öl angewiesen. Der Ausbau erneuerbarer Energien schafft auch in Zukunft Arbeitsplätze und kann damit die lokale Wirtschaft unterstützen. Denn die Erzeugung von Ökostrom erfolgt größtenteils standortnah für die eigene Region – so sieht zumindest die Idealvorstellung aus.
  • What are the benefits of green electricity for companies?
    Green electricity offers a number of advantages for companies, as it can help reduce a company's own impact on the environment. Because it is generated from renewable energy sources such as solar and wind, it does not cause harmful emissions like conventional electricity from fossil fuels. As a result, green electricity can help your business reduce its environmental footprint and improve its public image. Another advantage of green electricity can be the cost factor. In many German regions, renewable energy is already cheaper than electricity from fossil fuels. This means that your company can save cash by switching to green power. Finally, green electricity can help your business become more sustainable. By using solar, wind, and the like, you can reduce your dependence on finite resources like oil and coal, and instead rely on cleaner, renewable energy sources. In this way, you actively contribute to reducing the negative impact on the environment in the long term and become more sustainable overall.
  • What does green electricity mean?
    Green electricity - also natural electricity or green power - is generally defined as electrical energy generated from renewable energy plants. There are various certificates, seals of approval and guarantees of origin to identify the individual electricity products as green electricity.
  • What are Science-Based Targets?
    According to scientific projections, we have a limited amount of CO2 emissions that can be emitted every second until we exceed the 1.5°C limit. Therefore, this amount must not be exceeded if the world wants to keep global warming within the limits defined by the Paris Climate Agreement. Companies can ideally support the global fight against climate change by aligning their climate protection measures and emission reduction targets with the remaining carbon balance. The Science-Based Targets initiative (SBTi) allows companies to set net zero targets based on the latest climate science to support achieving the goals of the Paris Climate Agreement. A “science-based target” is thus a science-based climate goal that sets a clearly defined path for companies to reduce their greenhouse gas emissions and allows each company's "fair share" of the remaining carbon footprint to be determined as a sustainable alternative to a "business as usual" scenario.
  • Was ist ein FAQ-Abschnitt?
    Ein FAQ-Abschnitt beantwortet häufig gestellte Fragen zu deinem Unternehmen, z.B. „Wohin kann geliefert werden?“, „Was sind die Öffnungszeiten?“ oder „Wie buche ich eine Dienstleistung?“. Mit FAQ erleichterst du Besuchern die Navigation auf deiner Website und verbesserst gleichzeitig deine SEO.
  • Can the base year for scopes 1 and 2 targets deviate from the base year for the scope 3 target?
    Different base years may be used for the scope 1 and 2 targets and scope 3 target, however, we do not recommend it.
  • Can the base year deviate for the near-term and long-term targets?
    The base year should be consistent for the near- and long-term targets.
  • Which Scope 3 categories should be calculated and covered when developing SBTs?
    SBTi requires companies to carry out a full scope 3 screening to identify all its relevant value chain emission sources. Depending on in which industry your company operates, the emissions profile in scope 3 categories varies widely. First Climate can support you in carrying out a qualitative scope 3 screening and support you in figuring out which categories to cover in your scope 3 target.
  • Does my company need to set a scope 3 target?
    A scope 3 target must be set for all companies whose scope 3 emissions make up 40% or more of the overall emissions of the company’s corporate carbon footprint.
  • Can my company use carbon credits to meet annual reduction targets, ahead of reaching net zero?
    Carbon credits cannot be accounted toward meeting your science-based decarbonization targets. The purchase of carbon credits is an option for companies to finance additional emission reductions or removals beyond their value chain. The SBTi refers to these purchases as Beyond Value Chain Interventions.
  • Do energy certificates count towards SBTi?
    Companies may use Renewable Energy Certificates (RECs) as a measure to reduce scope 2 market-based emissions.
  • What types of green energy are there?
    Renewable energy sources that produce so-called green energy include wind energy, hydropower, solar energy, geothermal energy and biomass.
  • How does green energy work?
    Green energy comes from sustainable or renewable energy sources. This means that, in contrast to fossil fuels, this resource is not depleted. It is important for a sustainable energy supply to combine different renewable energy sources so that the demand for electricity can be met at all times.
  • Why should companies switch to green energy?
    There are several reasons why green energy makes sense for companies. One of the most important is effective climate action, which is becoming increasingly important to both clients and investors. Additional reasons include the decrease in raw material imports and thus, a reduction in dependency, more diversity in power generation and functioning competition. In addition, green energy is seen as an engine of innovation that drives the development of technologies and creates new jobs.
  • How can I tell if a position I'm interested in has already been filled and until when can I still apply?
    Our job postings are updated regularly, so all advertised positions on our careers page are still vacant. As long as it is on our site, you can apply!
  • How can I find out more about the start date of a posted job?
    Unless otherwise stated in the job description, we prefer if you start at the earliest possible date. Start dates are typically the 1st or 15th of a given month.
  • Can I apply to multiple open positions?
    Yes, but in order to ensure quick and uncomplicated processing, please apply for each position separately. Please make sure to submit a complete application for each position.
  • How long does the application process take?
    The length of the application process is individual and not always the same.We will provide you with feedback as quickly as possible.
  • Build a Partnership
    If your project is eligible, we will reach out to you with an offer for a partnership agreement. Together, we will define cornerstones like pricing, volumes, and a delivery plan and sign a Carbon Removal Purchase Agreement.
  • Project Registration
    Time to register your project at a carbon standard! At First Climate, we select the carbon standard that best fits your project and take care of all necessary registration steps, such as creating the Project Design Document and managing the validation process.
  • Carbon Removal Credits
    Once your project is registered, we handle the full cycle of carbon credit issuance, marketing, sale, and retirement. Thanks to our wide and global network of partners and clients, you benefit from the highest quality carbon credit management.
  • Eligibility Check
    Not sure if your project is a good fit for carbon credits? Use our online tool to check your project’s eligibility for a carbon standard or to get in touch with us. Just enter your project’s key information!
  • Monitoring and Reporting
    For continuous successful issuance of credits and transparency for our clients, we ensure that your project continually undergoes rigorous monitoring and reporting. This step is crucial to keeping track of the updates or progress of the project metrics, ensuring project quality and guaranteeing long-term revenue streams for your project.
  • How long does the project development process take?
    The project development process can take between 1 ½ to 2 years. We will be your partner after that too, continuously monitoring the project after the development phase is complete. 
  • Why should my company develop a project when it could support an already existing project?
    Choosing to support an existing project or developing a new project depends ultimately on your organization’s long-term climate strategy and goals. However, investing in an early-stage project enables your company to get involved in all important decisions to determine the future development of the project and gives you full access in every respect. It can also showcase your company’s commitment to climate action in the long-term, not just the short-term. If supporting an existing project fits your company’s needs right now, you can explore our portfolio here!
  • Mehr Erfahren
    Klimaschutzprojekte, die die Qualitätsanforderungen für den freiwilligen CO2-Markt erfüllen, werden nach international anerkannten Standards zertifiziert und die erzielten Emissionseinsparungen bzw. die erzielte Senkenleistung durch unabhängige Prüfinstitute bestätigt. Entsprechend anerkannte Projekte können für jede von ihnen nachweislich eingesparte Tonne CO2 einen Emissionsminderungs- oder CO2-Senkennachweis ausgeben, der dann über den freiwilligen CO2-Markt gehandelt und von Unternehmen erworben werden kann. CO2-Zertifikate ermöglichen es deshalb, ausgewählte Klimaschutzmaßnahmen gezielt zu fördern. Emissionen aus dem Geschäftsbetrieb lassen sich dadurch nicht verhindern; das Verfahren ermöglicht es aber, Finanzmittel zu generieren und in Schwellen- und Entwicklungsländer zu transferieren, wo mit jedem Euro viel größere Emissionseinsparungen erzielt werden können als in Europa. Indem Ihr Unternehmen CO2-Zertifikate erwirbt, schaffen Sie wirtschaftliche Anreize für die Entwicklung von Emissionsminderungs- und Senkenprojekten, die ohne Ihr Engagement und die entsprechende Förderung nicht umsetzbar wären.
  • Carbon credits support climate technology innovation:
    The natural carbon storage capabilities of biochar, an innovation promoted by First Climate, is an excellent example of such technologies. The development and increasing usage of similar carbon sink technologies are important instruments to proactively remove carbon dioxide from the atmosphere, and therefore, they have a significant role in climate action. Without the support made possible by the voluntary carbon market, the further development of such promising, innovative climate action technologies would not be financially viable.
  • Carbon credits promote sustainable development
    The latest IPCC Climate Report underscores the urgent need for sufficient financing to tackle the climate crisis decisively. Unfortunately, however, there is still a wide gap in climate financing and there is still a lack of much needed investments for the transformation to increased sustainable development. The voluntary carbon market can help generate revenue and support communities in the Global South to mitigate and adapt to climate change. Investment, technology transfer and employment opportunities also enable economic growth and active poverty reduction. In this way, carbon credits not only contribute to climate mitigation, but also support other environmental and socio-economic concerns.
  • Carbon credits are incentives for additional emission reductions:
    By purchasing emission reduction certificates or carbon sink credits, companies effectively put an internal price on carbon, and  thus, create financial incentives to find additional ways to reduce the greenhouse gas emissions in their operations and supply chain. In this way, the internal carbon price makes it easier for business, for example, to invest in cleaner technologies and sustainable practices to reduce emissions and meet reduction targets.
  • Carbon credits enable additional climate action
    It has been proven in numerous studies that companies which purchase emission credits are more committed to implementing emission reductions in their own operations than their corporate peers which do not make similar investments. Carbon credits thus function as an added measure, not an alternative. A recent evaluation by Trove Research concludes that companies that invested in carbon credits reduced their Scope 1 and Scope 2 emissions simultaneously by 6.2% per year. In contrast, companies that did not purchase credits reduced their operational emissions by only 3.4% per year.
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Anton Schön

Team Lead Renewables

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