Legal

Compliance Framework

The rules we hold ourselves to on claims, certificates, and the limits of our role.

Plain-English summary. This describes PRAN’s operating standard. Regulatory summaries here are written in plain English and are not a substitute for the official texts. Terms and conditions applied.

Language we do not use

PRAN does not describe any purchase, certificate, or customer as “carbon neutral”, “net zero”, or “climate positive”. Those are claims about an organisation’s total footprint, which a credit purchase alone cannot substantiate. Regulators in several markets now treat such unsubstantiated claims as misleading advertising.

What we state instead is the fact of the transaction: “purchased and retired X tCO₂e of verified carbon credits for [period].”

The limits of our role

  • PRAN lists, facilitates, verifies transfers, and records.
  • PRAN does not issue, create, or generate credits. Credits exist only through a registry.
  • PRAN is not an accredited verifier, validator, auditor, or registry.
  • PRAN is not a broker-dealer, investment adviser, or financial advisor, and nothing on this site is investment advice.

Escrow and settlement integrity

Funds are held in escrow until the seller has transferred credits into the buyer’s registry account and PRAN has verified that transfer. Payment verification is performed server-side. Credit transfer itself is always performed by the seller.

Frameworks we track

Our approach is informed by ISO 14068, the VCMI Claims Code of Practice, the Integrity Council for the Voluntary Carbon Market’s Core Carbon Principles, India’s Carbon Credit Trading Scheme (CCTS), SEBI’s BRSR disclosure requirements, and the EU Carbon Border Adjustment Mechanism (CBAM). We summarise these in plain English rather than reproducing official text.

Raising a concern

If you believe a listing, certificate, or claim on this platform is inaccurate, tell us and we will investigate.