Global carbon ratings agency BeZero Carbon has today announced the launch of the Pre-rating Scorecard, an interactive tool that puts its established ratings methodologies directly in the hands of users to assess the risk of unrated carbon projects.
Since its launch in 2022, the BeZero Carbon rating has become the carbon market’s independent benchmark for assessing project quality.
Pre-rating Scorecard is the market’s first dynamic tool for unrated project assessment, enabling customers to understand what drives project risk on a case-by-case basis.
Built on the same sector-specific methodologies that underpin BeZero’s headline ratings, it provides an immediate score on the potential climate impact of a project, which updates in real time as users adjust key project parameters.
This interactive functionality allows users to understand how changes in project characteristics could influence levels of risk, supporting more informed decision-making across the carbon credit value chain.
Available through BeZero’s platform, BeZero Carbon Markets, the Scorecard enables project developers, investors, advisors, and corporate buyers to analyse unrated projects across different geographies and project types.
Relevant: BeZero Sees $1.3B In Tax Revenue, 135,000 New Jobs In UK Carbon Market By 2035
Unlike the BeZero Carbon Rating, which is carried out independently by BeZero’s in-house team of expert analysts and drives investment and pricing decisions on carbon credits, the Scorecard is designed to enable customers to use BeZero’s methodologies for project screening and due diligence. The product addresses growing market demand for analytical tools that provide actionable insight into key project-level risks outside of a formal rating.
As BeZero continues to expand its suite of services, this new tool helps cement it as a full-market solution, making carbon project analysis and due diligence easier both before and after a project has issued credits.
Tommy Ricketts, CEO & Co-founder at BeZero Carbon, said: “Our new Pre-rating Scorecard is the market’s first fully dynamic tool for assessing unrated projects at any stage, anywhere in the world. It puts our rating methodologies in the hands of customers, giving them the ability to understand project-level risks in a transparent, interactive, sector-specific way. It can be used to assess unrated projects, pre- or post-issuance, and provides actionable due diligence for all segments of the market.”
