Victoria
New South Wales
South Australia
QueenslandMandatory Surrender.
(Primarily for energy retailers)
- Liability: Informed of your Scope 2 Renewable Energy Certificate (REC) Liability.
- Purchase: Procure LGCs at an agreed $ rate from Ecovantage.
- Transfer: LGCs are transferred to the company in the Renewable Energy Certificate (REC) Registry by Ecovantage.
- Accept: The Company accepts the LGC transfer in the REC Registry.
- Retire: Surrender/Retire LGCs in the REC registry, for the required year, to acquit an LGC liability.
Voluntary Surrender.
- Calculate: Calculate Carbon Emission Value (Scope 1, 2 & 3), with the assistance of Ecovantage’s experienced team.
- Purchase: Procure LGCs at an Agreed Rate from Ecovantage, or use self-produced LGCs from Renewable Energy Production.
- Transfer: LGCs are Transferred to the Company in the Renewable Energy Certificate (REC) Registry, or can be held by Ecovantage to be traded.
- Accept: The Company accepts the LGC transfer in the REC Registry.
- Retire OR Trade
OPTION 1
Retire
Surrender/Retire LGCs in the REC registry, for the Required Year, to Offset Carbon Footprint. (Scope 2 Emissions)
OPTION 2
Trade
Sell acquired LGCs at a profit.
Align
Align with a cause that syncs with the company’s values and mission – Choose the carbon credit that’s right for the company.
Retire
Surrender/Retire Purchased ICCUs to Offset Scope 1, 2 & 3 Emissions.
Download our Process of Surrendering Renewable Certificates flyer
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