Validation & Verification Body's (VVB) process
Validation and Verification Body (VVB) Accreditation
VVBs must be accredited by Riverse in order to validate DPDs for Riverse-issued credits. To be accredited, VVBs must:
- Have the ISO 14065 accreditation or equivalent (i.e. COFRAC ISO:17029 - CSR)
- Have more than 5 years of auditing experience, including at least 2 years in environmental auditing
- Sign Riverse’s Conflicts of Interest Policy
New VVB Application Process
Upon receipt of the VVB application form, Riverse reviews the information provided and responds once the review is complete. Riverse rejects applications where it determines that the applicant does not possess the required competencies.
Upon application approval, Riverse asks the VVB to submit a signed copy of the Riverse Conflict of Interest Policy, to ensure all parties respect Riverse’s independence criteria.
Once the Riverse VVB Agreement is drawn up and signed, the VVB can begin conducting audits under Riverse programs. The VVB organization is added as an approved VVB on Riverse’s website.
Projects eventually choose their own validators and verifiers and pay them directly. Riverse Standard remains independent from this process.
VVB accreditation is valid for a duration of 3 years.
Current list of Riverse-accredited VVB
Verifavia
- Link to Verifavia website
- Contact point: Nicolas Duchêne
- Level of accreditation: COFRAC ISO 14065
KPMG
- Link to KPMG Sustainability practice webpage
- Contact point: Clément Le Gouvello
- Level of accreditation: COFRAC ISO 17029 - CSR
Finexfi
- Link to Finexfi website
- Contact point: Isabelle Lhoste
- Level of accreditation: COFRAC ISO 17029 - CSR
Collectif Transition
Only for projects below 1,000 carbon credits
- Link to Collectif Transition website
- Contact point: Fanny Marcon
- Level of accreditation: Association Bilan Carbone