About ICR
Our dedication lies in expanding the reach and impact of climate action via the voluntary carbon market. Join us in our mission to unlock and amplify efforts toward a more sustainable future
What We Do
The International Carbon Registry (ICR) is a global greenhouse gas (GHG) program and electronic registration system for climate projects, founded in 2020 and headquartered in Iceland. ICR issues ICR Carbon Credits (ICCs) to climate projects that conform to ICR's requirements and ISO 14064-2, ensuring that every credit represents real, measurable, and high-integrity emissions reductions or removals.
ICR's registration and issuance processes are built on internationally recognized standards and commonly agreed carbon principles, supporting the credibility and transparency of the voluntary carbon market. Employing a quality management system aligned with ISO 9001:2015 and ISO-standardized protocols to enhance the integrity and reliability of carbon credit issuance and verification, ICR ensures that registered projects deliver tangible environmental and social benefits across the globe.
ICR Mission
"At ICR, our mission is to lead the way in managing the world's most innovative GHG program, the ICR Program. We are dedicated to nurturing a suite of impactful programs, incubating novel ideas, and driving the creation of substantial environmental and social value on a global scale. Our commitment is unwavering in advancing a worldwide adoption, supporting the fight against climate change, and ushering in a sustainable future for all."
Guiding Principles
Quality Assurance: We are devoted to maintaining the highest standards of quality assurance in carbon credit issuance and verification, ensuring credibility and reliability in every transaction.
Innovation: We embrace innovation as a catalyst for meaningful change, continuously seeking new ideas and approaches to address climate and social challenges.
Global Impact: Our efforts are focused on generating substantial environmental and social value on a global scale, contributing to the collective mission of fighting climate change.
Transparency: Transparency is at the core of our operations, promoting trust and accountability in all our interactions.
Collaboration: We believe in the power of collaboration and partnerships to drive progress and broaden the reach of our initiatives.
The International Carbon Registry (ICR) operates within a multifaceted and dynamic context shaped by internal capabilities and external forces.
Internally, ICR is characterized by its distinct organizational structure and culture, which guides its governance, leadership, and decision-making processes. ICR's core operational capabilities, including the processes for validating and registering climate projects, monitoring, and verifying carbon credits, are central to its effectiveness. The efficiency of these operations hinges on the availability and professional management of human, technological, and financial resources, and the skills and expertise of our personnel play a pivotal role in driving ICR's success. Compliance and risk management are also internal cornerstones, with policies and procedures in place to ensure adherence to environmental laws, ISO standards, and internal quality checks.
Externally, ICR navigates a landscape shaped by various factors. The regulatory environment, comprising national and international regulations and standards on GHG management, trading, and compensation, influences our operations and development. Market dynamics, including supply and demand for carbon credits and the activities of other GHG programs, define the economic environment in which ICR operates. Technological trends, particularly advances in GHG emission management and registration technologies, offer opportunities for innovation and efficiency improvements. Societal and environmental factors influence public perception and stakeholder engagement across a diverse array of stakeholders, including project developers, validation and verification bodies, investors, marketplaces, and environmental groups.
Together, these internal strengths and external forces — regulatory, technological, and societal — define the context in which ICR operates and evolves.
ICR Background and Context
The International Carbon Registry is a subsidiary of Gaia Group ehf.
The scope of operation of International carbon registry ehf. encompasses the operation and management of the ICR program. Further Mojoflower ehf. is a software development house that develops different software solutions for the carbon market. The leadership team works for both the ICR and the CarbonRegistry.com.
Context
At ICR, we recognize the importance of comprehensively understanding our organization and its operating environment. This understanding forms the cornerstone of our commitment to delivering high-quality carbon credit issuance and verification services. In accordance with ISO 9001:2015 requirements, this section outlines how we systematically identify and evaluate internal and external factors that impact our organization's ability to achieve its intended outcomes.
ICR operates in a complex and rapidly evolving environment, where understanding both internal and external contexts is critical for the successful implementation and continual improvement of ICR's Quality Management System (QMS) and GHG program. This understanding forms the foundation for the ICR to effectively manage registration of climate projects and contribute to global efforts in reducing and removing greenhouse gas (GHG) emissions.
ICR embraces a holistic approach to understanding its context. We consider the nature, scale, and complexity of our activities and their interactions. This approach enables us to identify relevant internal and external issues that affect our ability to meet the needs and expectations of our clients, stakeholders, and interested parties.
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