In the framework of the OBP Neutrality Subprogram, this registry has been developed to track and publicly display the issuance of OBP Credits and their retirement.
OBP CREDITS ISSUANCE
OBP Credits are issued by organizations certified to the “OBP Neutralization Services Provider Standard”. Once an organization has received its certificate – ensuring that its collection and treatment practices comply with the standard- it can request the certification body to issue batches of OBP Credits. OBP Credits batches are issued after a verification by the certification body ensuring the work was effectively performed.
The emission of a neutralization certificate embodies this verification made by the certification body, as well as the serialization of the OBP Credits by ZPO. When an OBP Credit is issued, the corresponding quantity of non-commercially recyclable OBP has been removed from the environment and was treated.
Organizations need to be recertified every year to continue issuing OBP Credits.
Once OBP Credits reach the final beneficiary (the organization that will use them to offset a plastic footprint), the OBP Credits are retired. Hence, they cannot be traded or used anymore.
Having a unique identifier per OBP Credit and retiring them as soon as the final beneficiary uses them ensures that no OBP Credit is used more than once.