1. Purpose

Where the applicable standard allows, we will seek credits for verified emission reductions from projects that meet the requirements outlined in our Additionality Policy from as early as November 5, 2016, and never earlier than the crediting start date that standard permits.

2. Scope

This policy applies to:

• All carbon projects submitted to S10X for validation or verification.

• Internal teams evaluating project compliance with ISO 14064-2 and SDG contributions.

3. Policy Statement

S10X will evaluate all projects using a Balanced Scorecard with two separate scoring systems:

• ISO 14064-2 Compliance Scoring: Measures adherence to ISO requirements for Additionality, baseline scenarios, monitoring, and validation.

• SDG Impact Scoring: Assesses the project’s contributions to relevant SDGs, evaluating alignment, scope, and measurable outcomes.

The combined evaluation ensures that projects meet technical standards while delivering tangible sustainability benefits.

4. Evaluation Framework

a) Dual Scoring System

b) Scoring System

ISO 14064-2 Compliance Scoring:

SDG Impact Scoring

c) Thresholds for Evaluation

In order to be approved for Additionality a project must achieve the following ranges:

5. Review and Updates

This policy will be reviewed annually to incorporate updates to ISO 14064-2 standards, SDG frameworks, and organizational requirements.

6. Sample Scorecard

Perspective, Objective, Relevant ISO 14064-2 Clauses, KPIs, SDGs, ISO Score, SDG Score, Weighted ISO Score, Weighted SDG Score

1. Purpose: ISO 14064-3 specifies principles and requirements for verifying and validating greenhouse gas (GHG) inventories and GHG projects. It is used to confirm that the information related to GHG emissions and removals is accurate, complete, consistent, transparent, and free of material discrepancies.

2. Scope: The standard applies to organisational and project-level GHG assertions, ensuring the credibility of reported data for stakeholders such as regulators, investors, and the public.

3. Key Components:

Validation: This is the process of assessing whether the GHG project's design and planned implementation meet the criteria set out in the relevant GHG program or standard

Verification: This process involves checking and confirming GHG data and information. It also assesses the accuracy of GHG emissions and removal reports.

4. Verification Process:

Planning: This stage includes defining the verification's objectives, scope, and criteria and preparing a verification plan.

Assessment: This involves collecting and analysing data, evaluating the internal controls and systems used to generate the GHG data, and conducting interviews and site visits if necessary.

Reporting: The final stage involves documenting the verification findings in a verification statement or report, indicating whether the GHG assertion meets the specified criteria.

5. Principles:

Independence: Verifiers must be impartial and free from conflicts of interest.

Objectivity: The verification must be based on objective evidence rather than subjective judgment.

Transparency: The verification process and findings must be documented and available for review.

6. Benefits:

Credibility and Trust: Independent verification enhances the credibility of GHG reports.

Regulatory Compliance: Helps organisations meet regulatory requirements related to GHG emissions reporting.

Improved Data Quality: Encourages better GHG data management and reporting practices.

Stakeholder Confidence: Increases stakeholder confidence in the organisation�s environmental performance and commitment to sustainability.

1. Introduction

This is the Cancun Safeguards Policy, designed to ensure the effective implementation of climate projects while respecting human rights, environmental integrity, and sustainable development principles.

2. Purpose

The purpose of this policy is to outline the safeguards necessary to guide the development, approval, and implementation of climate projects financed through carbon market mechanisms. It seeks to ensure that such projects do not lead to adverse social or environmental impacts, and promote sustainable development in the regions they are implemented.

3. Social Safeguards

Climate projects must safeguard the rights of communities, particularly vulnerable groups such as indigenous peoples, women, and children. Projects must involve free, prior, and informed consent (FPIC) of all affected communities, and ensure they benefit from any climate finance or mitigation actions.

4. Environmental Safeguards

Environmental safeguards are crucial for protecting the ecosystems where projects are located. Mitigation activities must not result in deforestation, loss of biodiversity, or degradation of ecosystems. Projects must undergo thorough environmental assessments to ensure they contribute positively to climate and environmental goals.

5. Stakeholder Participation

All projects must ensure active, meaningful, and informed participation by stakeholders, particularly affected communities, during the design, implementation, and monitoring phases. This participation should be culturally sensitive and inclusive, providing all affected groups with an opportunity to voice concerns and contribute to decision-making.

6. Transparency and Accountability

Projects should ensure transparency in the decision-making process, with clear reporting on progress, impacts, and outcomes. Regular audits and public disclosures should be made available, holding project implementers accountable for any social or environmental violations or misconduct.

7. Sustainable Development

Each project must align with the broader goals of sustainable development, ensuring it does not only contribute to climate change mitigation but also enhances local development outcomes such as poverty reduction, job creation, and improved access to clean energy, water, and food security.

8. Monitoring and Evaluation

Each project must have a robust monitoring and evaluation system in place to assess its impacts over time. This includes ensuring that social and environmental safeguards are adhered to and that any unintended negative consequences are identified and mitigated in a timely manner.

9. Compliance with International Standards

Projects must adhere to international environmental and social standards, such as those set by the United Nations Framework Convention on Climate Change (UNFCCC), the Paris Agreement, and other relevant international bodies, ensuring compatibility with global climate goals and sustainable development objectives.

10. Dispute Resolution

In cases where conflicts or disputes arise regarding the implementation of this policy, the issue should be resolved through a fair and transparent grievance mechanism. Efforts should be made to resolve disputes amicably, with recourse to formal mediation or arbitration if necessary.

11. Amendments

This policy may be amended as necessary to ensure its continued relevance and effectiveness in guiding climate projects. Any amendments must be publicly disclosed and communicated to all stakeholders involved in the relevant projects.

12. Conclusion

The Cancun Safeguards Policy ensures that climate projects are developed and implemented with respect for human rights, environmental integrity, and local development needs. By adhering to these principles, projects can contribute to meaningful and sustainable climate action.

1. Acknowledgement of Climate Change

We acknowledge the overwhelming scientific consensus that climate change is primarily caused by human activities, notably the burning of fossil fuels and deforestation. We accept the reality of climate change and understand its potential consequences for ecosystems, communities, and the global economy.

2. Commitment to Greenhouse Gas Emissions Reduction

We are committed to reducing our greenhouse gas (GHG) emissions in line with the goals of the Paris Agreement. We recognise that limiting global warming to well below 2 degrees Celsius above pre-industrial levels requires deep decarbonisation across all sectors of the economy. We strive to reduce our emissions through energy efficiency measures, adopting cleaner technologies, and transitioning to renewable energy sources.

3. Sustainable Operations

We aim to integrate sustainability into all aspects of our operations. This includes minimising waste generation, optimising resource efficiency, and promoting circular economy practices. We continuously seek opportunities to reduce our environmental footprint, improve the efficiency of our processes, and invest in sustainable infrastructure.

4. Collaboration and Advocacy

We believe that addressing climate change requires collective action and collaboration across all sectors of society. We actively engage with governments, industry peers, NGOs, and other stakeholders to advocate for ambitious climate policies and support the development of sustainable solutions. We encourage innovation, research, and knowledge sharing to drive the transition to a low-carbon economy.

5. Adapting to Climate Change

Recognising that some impacts of climate change are already unavoidable, we are committed to building resilience in our operations and supply chains. We assess climate-related risks and opportunities and integrate climate adaptation measures into our long-term planning. We support communities affected by climate change through responsible corporate practices and partnerships.

6. Transparency and Accountability

We are dedicated to transparent reporting of our environmental performance and progress on climate-related goals. We regularly disclose our GHG emissions, set science-based targets, and report on our efforts to reduce emissions. We embrace accountability and welcome external scrutiny of our climate change mitigation and adaptation initiatives.

7. Innovation and Investment

We actively invest in the research and development of sustainable technologies, products, and services. By fostering innovation and supporting clean energy solutions, we aim to accelerate the global transition to a low-carbon economy and contribute to a sustainable future.

As a company, we are committed to aligning our business strategies with the imperative of combating climate change. We recognise the need for urgent action and will continuously strive to reduce our environmental impact, advocate for ambitious climate policies, and collaborate with others to address the challenges posed by climate change. Together, we can create a sustainable and resilient future for future generations.

1. Introduction

This Conflict of Interest Policy ("Policy") outlines the principles, guidelines, and procedures to identify, manage, and mitigate potential or actual conflicts of interest that may arise among fiduciaries within S10X Carbon Fund, LLC. ("the Company"). This Policy aims to ensure the highest standards of integrity, transparency, and accountability in the Company's fiduciary activities.

2. Definitions

3. Identification of Potential Conflicts

Fiduciaries must promptly disclose any potential conflicts of interest to the Board and Executive Committee, providing all relevant details and information. This includes but is not limited to:

• Financial interests, investments, or relationships that could influence fiduciary decisions.
• Gifts, favours, or benefits received or offered that could impact impartiality.
• Outside business affiliations or activities that may create conflicts.

4. Evaluation and Management

After receiving a disclosure, the Board and Executive Committee will review the shared conflict and determine the appropriate steps to manage or mitigate it. This may involve:

• Full disclosure to relevant parties.
• Recusal from decision-making processes.
• Appointment of an independent advisor to assess the conflict.
• Development of an action plan to avoid compromising fiduciary responsibilities.

5. Annual Disclosure

All fiduciaries shall provide an annual disclosure of potential conflicts of interest. This disclosure should be comprehensive and cover any new developments or changes since the last exposure.

6. Confidentiality and Non-Retaliation

The Company shall maintain the confidentiality of all disclosed conflicts of interest to the extent possible while ensuring that necessary parties are informed. Fiduciaries who make good-faith disclosures shall be protected against retaliation.

7. Reporting and Oversight

The Board and Executive Committee shall maintain records of all disclosed conflicts, actions taken, and outcomes. They shall periodically report to the Board of Directors and senior management on the status of conflict management and policy effectiveness.

8. Training and Awareness

The Company shall provide ongoing training and awareness programs for fiduciaries to ensure they understand their responsibilities and the importance of identifying and managing conflicts of interest.

9. Guideline Procedures to Address Conflicts of Interest

10. Review and Updates

This Policy shall be reviewed periodically to ensure its relevance and effectiveness. Updates may be proposed by the Board or Executive Committee and approved by the Board of Directors.

11. Compliance and Enforcement

If you don't comply with this Policy, it may result in disciplinary actions, including termination of employment or fiduciary position, and legal consequences if applicable.

The Company reaffirms its commitment to upholding the highest ethical standards in all fiduciary actions and decisions by adhering to this Fiduciary Conflict of Interest Provisions and Policy.

1. Cookie Policy

This Cookie Policy explains how we use cookies and similar technologies to enhance your experience on our website and to ensure that it functions effectively. By continuing to use our website, you consent to our use of cookies in accordance with this policy.

2. What are Cookies?

Cookies are small text files that are stored on your device when you visit a website. They allow the website to remember your actions and preferences (such as login details and language choices) over a period of time, so you don’t have to re-enter them whenever you visit the site or browse from one page to another.

3. How We Use Cookies

• Essential Cookies: These cookies are necessary for the website to function properly, allowing basic features such as navigation, secure logins, and session management.
• Performance Cookies: These cookies help us understand how visitors interact with our website by collecting and reporting data anonymously. This helps us improve our site’s performance.
• Functionality Cookies: These cookies enable the website to provide enhanced features and personalization, such as remembering your preferences and language settings.
• Targeting/Advertising Cookies: These cookies are used to deliver relevant advertising based on your browsing habits and interests. They also limit the number of times you see an ad and measure the effectiveness of marketing campaigns.

4. How to Control Cookies

You can control the use of cookies by adjusting your browser settings. Most browsers allow you to block cookies, delete cookies, or notify you when cookies are being sent. However, please note that disabling cookies may affect your experience on our website and some features may not function properly.

5. Third-Party Cookies

We may use third-party service providers, such as analytics services, that also use cookies. These third parties have their own cookie policies, and we encourage you to review them.

6. Changes to This Cookie Policy

We may update this Cookie Policy from time to time. We will notify you of any significant changes by posting the new policy on this page. Please review this policy periodically to stay informed about how we are using cookies.

If you have any questions about this Cookie Policy, please contact us at legal@s10xcarbonfund.com.

1. Introduction

This policy establishes the framework for determining the crediting period of carbon offset projects within S10X Carbon Fund, LLC. The policy ensures that all projects maintain compliance with industry standards while continuing to generate credible emission reductions throughout their operational life.

2. Purpose

The purpose of this policy is to provide a clear, consistent approach to managing the crediting periods for carbon offset projects funded by S10X Carbon Fund. The policy aims to ensure that projects meet ongoing regulatory and verification standards while maximizing their environmental impact over time.

3. Scope

This policy applies to all carbon offset projects funded by S10X Carbon Fund, LLC., including those under existing agreements as well as any new projects funded moving forward. The crediting period is a crucial component of ensuring the long-term integrity of carbon credits and the generation of emission reductions that align with globally recognized standards.

4. Crediting Period Duration

The crediting period for each project will be determined based on the specifics of the project, including its technology, scale, and location. In general, the crediting period will be renewable after each cycle, subject to performance verification and continued compliance with the Additionality Policy and other relevant standards.

5. Renewal and Extension of Credit Periods

The crediting period may be extended if the project continues to meet the applicable standards for emission reductions, and additional verification processes confirm that the project remains effective and consistent with the principles of additionality. Extensions will be considered based on rigorous project assessments and performance evaluations.

6. Backdating of Carbon Credits

We will backdate the issuance of carbon credits for projects that meet the requirements outlined in our Additionality Policy to November 5, 2016. This date follows the adoption of the Paris Agreement on December 12, 2015, at the UN Climate Change Conference (COP21) in Paris, France, and its enforcement date of November 4, 2016. This backdating ensures that carbon credits are issued in alignment with the timeline established by the Paris Agreement and the global commitment to tackling climate change.

7. Monitoring and Verification

Each project will be subject to ongoing monitoring and verification to ensure that emission reductions continue to meet the expected outcomes throughout the crediting period. Monitoring will be performed by accredited third-party verifiers, and S10X Carbon Fund reserves the right to periodically review each project's compliance with this policy.

8. Reporting

Projects will be required to provide regular reports detailing their progress and performance in relation to emission reductions and compliance with the standards outlined in this policy. Reports must be submitted annually and will be reviewed by the Fund’s management team and independent auditors.

9. Conclusion

The crediting period for carbon offset projects is critical to ensuring the ongoing credibility and effectiveness of the carbon credits generated. By adhering to this policy, S10X Carbon Fund ensures that all projects are managed in line with the highest standards of transparency and accountability, supporting the global effort to mitigate climate change.

1. Policy Statement

This policy outlines the Carbon Fund’s approach to bringing carbon credits to market based on actual emission reductions after a project has been commissioned and once the client has been billed. By adopting an ex post approach, the Carbon Fund only submits a project for issuance to the applicable standard after the project is operational and measurable emission reductions have occurred. The policy simplifies the process by removing the need for forecasting and focusing on verified real-world reductions. It also streamlines the project documentation (PDD) and aligns with ISO 14064-2 and ISO 14064-3 validation and verification processes, ensuring greater accuracy and transparency in the credits we sell.

2. Purpose

The purpose of this policy is to streamline the development and sale of carbon credits by:

• Ensuring that projects are only submitted for issuance after the completion and commissioning of projects (Ex Post).

• Guaranteeing that projects are only submitted for issuance after clients have been billed, ensuring financial validation (Post Billing).

3. Scope

This policy applies to all carbon projects under the Carbon Fund that are subject to carbon credit issuance. It covers both the Ex Post methodology and the Post Billing process, ensuring clarity in the issuance of credits and financial accountability.

4. Carbon Credit Issuance Process

4.1 Ex Post Carbon Credit Issuance

• Credits will be issued only after the project is fully commissioned.

• Carbon credits are based on the actual measured and verified reductions in greenhouse gas emissions, as opposed to projections made prior to project commissioning.

• By adopting the Ex Post method, the Carbon Fund focuses on actual emission reductions that have occurred, rather than forecasted reductions.

• This approach aligns with international standards and simplifies the process, as it eliminates the need to forecast and predict reductions that may not occur.

4.2 Post Billing Carbon Credit Issuance

• Carbon credits will be issued only after the client has been billed for their participation in the carbon offset program.

• Issuance will take place once the financial transaction is complete, ensuring that the carbon credits correspond to actual economic activity and financial commitment.

• This policy ensures that the credits issued are tied directly to invoiced amounts, confirming that emissions reductions align with paid services.

4.3 Simplified Project Design Document (PDD)

• The PDD for Ex Post projects is simpler because the uncertainties and pre-conditions for project implementation have been addressed prior to commissioning.

• A streamlined PDD reduces administrative burden, focusing primarily on monitoring processes, data collection, and ensuring the continued operation of the project to maintain emission reductions.

5. Validation and Verification

5.1 ISO 14064-2 Validation Simplification

• ISO 14064-2 validation becomes more straightforward under the Ex Post methodology because many of the pre-conditions and project assumptions have already been confirmed during project commissioning.

• The process focuses on verifying that the project is in operation and that emission reductions are being accurately monitored.

• As a result, the pre-validation complexity is reduced, accelerating the timeline for ISO 14064-2 validation.

5.2 ISO 14064-3 Verification Simplification

• The ISO 14064-3 verification process is greatly simplified because it only involves the verification of actual emissions reductions, rather than projecting future reductions.

• The verification process will focus on confirming the real, measurable outcomes from the commissioned project, eliminating the need to validate forecasts or assumptions.

• The Carbon Fund will implement regular monitoring of ongoing emissions reductions to ensure that all claims are accurate and verifiable.

6. Reporting and Transparency

• The Carbon Fund commits to transparent reporting of the issuance process, ensuring that all credits are linked to actual, measurable emission reductions.

• Regular updates will be provided to stakeholders, including clients and investors, on the status of credits issued and the results of monitoring activities.

7. Review and Updates

• This policy will be reviewed annually to ensure its alignment with industry standards, regulatory requirements, and the Carbon Fund's goals.

• Any necessary updates will be made to improve the efficiency of the carbon credit issuance process, simplify the validation and verification procedures, and ensure continued transparency and accountability.

8. Compliance and Enforcement

• Projects failing to meet the Ex Post and Post Billing requirements will not be eligible for carbon credit issuance.

• Non-compliance with this policy may result in corrective measures, including suspension of credit issuance, project disqualification, or the requirement for additional verification procedures.

1. Policy Statement

This policy ensures that the projects we develop and the carbon credits we sell are not duplicated in any way. It prevents double issuance, double registration, and double retirement of carbon credits, ensuring that each credit is only claimed once for a specific emission reduction activity. By keeping an internal project register, cross-checking every project against the public registries of all relevant standards, and performing stringent verification checks, the policy guarantees transparency, accuracy, and compliance with industry standards, preserving the integrity of the carbon offset process.

2. Objectives

The objectives of the Policy are:

• To prevent the double issuance, double registration, and double use of carbon credits for the same emission reduction activity.

• To ensure transparency, accuracy, and accountability throughout the carbon credit process.

• To comply with recognised standards, guidelines, and regulatory requirements.

3. Scope

This policy applies to all carbon offset projects within S10X Carbon Fund, LLC.'s portfolio that generate carbon credits subject to issuance, registration, and use for emission reduction purposes.

4. Double Policy Procedures

4.1. Project Identification:

• Assign a unique identifier to each carbon offset project within the portfolio.

• Maintain a centralised database or system to track project identifiers, ensuring no duplication in issuance, registration, or use.

4.2. Carbon Credit Issuance:

4.2. Submission for Issuance:

• Submit verified emission reductions to the applicable standard for issuance, subject to the eligibility criteria.

• Ensure that each carbon credit is associated with the unique serial number assigned by the issuing registry.

• Cross-check project identifiers with our internal project register and the public registries of all relevant standards to verify that no previous issuance has occurred.

4.3. Carbon Credit Registration:

• Ensure that each project is registered only once within the carbon credit system.

• Verify that no project has been previously registered under a different identifier or system.

4.4. Use Verification:

• Require entities using carbon credits for offsetting emissions to submit documentation supporting their use.

• Cross-check the submitted documentation with the central registry to verify that the credits have not been used elsewhere.

• Ensure that the unique identifier of each carbon credit used matches the one assigned during issuance and registration.

4.5. Double Use Verification:

• Cross-reference data in the central registry to identify any instances of double use.

• Ensure that multiple entities do not use the same carbon credits simultaneously.

4.6. Submission and Sale Decision:

• Decide whether a project may be submitted for registration and issuance, and whether its credits may be sold, based on verification outcomes.

• Approve projects for submission and credits for sale only if all verification checks confirm the legitimacy of the credit.

4.7. Documentation and Reporting:

• Maintain comprehensive records of issuance decisions, project identifiers, verification outcomes, and compliance decisions.

• Provide transparent reporting to stakeholders about the issuance, registration, and use verification process and results.

5. Review and Improvement

Regularly review and update the Double Policy to ensure alignment with evolving industry standards, regulatory changes, and best practices.

6. Compliance and Enforcement

Non-compliance with this policy may result in appropriate actions, including corrective measures and adjustments to issuance, registration, or use compliance decisions.

1. Policy Statement

We only develop projects under methodologies published by recognised standards (such as Verra, Gold Standard and CDM) or approved by national regulators.

2. Objectives

The objectives of the policy are:

• To ensure the accuracy, transparency, and compliance of quantification methodologies with recognised standards.

• To periodically assess the effectiveness and relevance of quantification methodologies.

• To provide a systematic process for suspending methodologies if their accuracy or alignment concerns arise.

3. Scope

This policy applies to all carbon offset projects within S10X Carbon Fund, LLC.'s portfolio that utilise specific quantification methodologies.

4. Methodology Review Procedure

4.1. Review Triggers:

• Establish triggers for conducting regular reviews of quantification methodologies, including changes in regulations, scientific advancements, and industry best practices.

• Determine the frequency of reviews based on project characteristics and industry standards.

4.2. Review Process:

• Assemble a methodology review team of technical experts, stakeholders, and validation and verification entities.

• Review the current methodology documentation, data sources, assumptions, calculations, and alignment with recognised standards.

• For those methodologies that do not exist or are found inadequate, approval must be obtained from the Carbon Fund's Executive Committee (ExCo), and the development or use of such methodologies must be approved by the appointed risk officer before proceeding.

4.3. Assessment and Recommendations:

• Assess the current methodology's accuracy, transparency, and compliance based on the review findings.

• Provide recommendations for updates or adjustments to the methodology to ensure accuracy and alignment.

4.4. Stakeholder Consultation:

• Engage stakeholders in the methodology review process, including project proponents, investors, buyers, and regulatory bodies.

• Solicit feedback and input to ensure that diverse perspectives are considered.

4.5. Methodology Update or Renewal:

• Revise the quantification methodology based on the review findings, stakeholder input, and recommendations.

• Update the methodology documentation to reflect changes, including adjustments to calculations, assumptions, and data sources.

5. Methodology Suspension Procedure

5.1. Identification of Concerns:

• Establish criteria for identifying quantification methodologies' accuracy, transparency, or alignment concerns.

• Determine when to initiate a suspension review based on these criteria.

5.2. Suspension Review Process:

• Assemble a suspension review team of technical experts, stakeholders, and validation and verification entities.

• Review the methodology documentation, data sources, assumptions, calculations, and any concerns identified.

5.3. Assessment and Decision:

• Assess the concerns raised and determine whether the methodology should be suspended.

• Make a decision based on the review team's findings and recommendations.

5.4. Communication:

• Communicate the decision to suspend a methodology transparently to stakeholders, including project proponents, investors, buyers, and regulatory bodies.

• Provide clear information about the reasons for the suspension and the steps to take.

6. Compliance and Enforcement

If you don't comply with this policy, it may result in appropriate actions, including corrective measures and adjustments to project quantification methodologies or suspension if needed.

1. Introduction

S10X Carbon Fund, LLC. is committed to addressing the urgent challenge of climate change by striving to achieve net zero greenhouse gas emissions. This Net Zero Emissions Policy outlines our dedication to reducing our carbon footprint, transitioning to sustainable practices, and contributing to a more sustainable and resilient future.

2. Purpose

This policy aims to establish clear guidelines and measures to achieve net zero emissions across all aspects of S10X Carbon Fund, LLC.'s operations, products, and services.

3. Scope

This policy applies to all employees, contractors, suppliers, partners, and stakeholders engaged in S10X Carbon Fund, LLC.'s activities and operations.

4. Policy Statement

a. Net Zero Commitment: S10X Carbon Fund, LLC. is committed to achieving zero greenhouse gas emissions by 2030. This commitment extends to all our operations, products, and services.

b. Emission Reduction Pathway: We will develop and implement a comprehensive emission reduction pathway that aligns with scientifically recognised targets and ways to limit global warming below two °C above pre-industrial levels.

5. Key Principles

a. Emission Reduction Targets: We will set ambitious, science-based emission reduction targets encompassing our entire value chain, from energy consumption and transportation to product design and waste management.

b. Renewable Energy: We will prioritise using renewable energy sources and increase energy efficiency to reduce our reliance on fossil fuels.

c. Carbon Offsetting: Where emissions cannot be eliminated, we will invest in credible carbon offset projects to balance our residual emissions.

d. Supply Chain Engagement: We will collaborate with our suppliers, contractors, and partners to reduce emissions throughout the supply chain, promoting sustainable practices.

6. Measurement and Reporting

a. Emission Tracking: We will establish robust measurement and tracking systems to monitor our progress toward net zero emissions.

b. Transparency and Reporting: S10X Carbon Fund, LLC. will provide regular emissions reports detailing our progress, achievements, and challenges in our journey towards net zero emissions. These reports will be shared with stakeholders, customers, and the public.

7. Innovation and Research

We will invest in new technologies, processes, and products that support our net zero emissions goal.

8. Employee Engagement

We will engage and educate our employees about the importance of net zero emissions and empower them to contribute to our sustainability efforts.

9. Collaboration and Advocacy

a. Partnerships: We will collaborate with industry peers, governments, and non-governmental organisations to drive collective action towards a net zero emissions future.

b. Advocacy: S10X Carbon Fund, LLC. will advocate for policies and initiatives accelerating the transition to a low-carbon economy and supporting global efforts to combat climate change.

10. Review and Improvement

This Net Zero Emissions Policy will be regularly reviewed and updated to reflect technological advancements, best practices, and emerging sustainability trends.

1. Policy Statement

The Carbon Fund will onboard energy projects provided that:

• It operates on a 100% clean billing node (or equivalent auditable measurement boundary for non-grid projects),

• Assigned the exclusive right to develop ex post carbon credits, and

• Produces measurable, auditable, and verifiable ex post data suitable for ISO 14064-3 verification.

2. Objectives

• Enable consistent onboarding

• Ensure all credits are based on actual, verified ex post performance

• Standardize onboarding requirements irrespective of project type

• Prevent double counting and boundary ambiguity

Ensure full traceability from source data to issued credits.

3. Scope

This policy applies to energy projects with measurable outputs, with a clearly defined measurement boundary equivalent to a clean billing node.

It governs onboarding only and defines the minimum requirements a project must meet before entering the Carbon Fund program.

4. Onboarding Procedures

• Submission of technical description, measurement configuration.

• Confirmation of clean billing node or equivalent boundary

• Execution of agreement granting exclusive carbon credit rights to the Carbon Fund

5. Conflict Avoidance

All onboarding assessments must remain objective and evidence-based. Any conflicts of interest must be disclosed, and independence of future VVB verification must be preserved.

6. Renewal and Review

This policy will be reviewed annually and updated based on cross-sector learnings and ISO 14064-3 developments.

7. Responsibility

It is the responsibility of assigned staff member(s) to identify, engage and onboard suitable project owners.

8. Reporting and Transparency

All onboarding decisions must be documented, with an audit trail linking onboarding data to future verification outputs.

9. Compliance and Enforcement

Failure to meet onboarding criteria will result in rejection or requirement for corrective action prior to reconsideration.

1. Introduction

This Online Portal Security Policy outlines the security measures and guidelines implemented by the Carbon Fund to protect the confidentiality, integrity, and availability of our online portal and the sensitive information it manages. This policy safeguards our users' data and ensures a secure online experience.

2. Scope

This policy applies to all personnel involved in the development, maintenance, and usage of the Carbon Fund's online portal and any third-party partners or vendors with access to portal-related systems.

3. Access Control

3.1 User Authentication: Implement robust multifactor authentication mechanisms to ensure that only authorised users can access the online portal.

3.2 User Roles and Permissions: Assign users appropriate access levels and permissions based on their roles and responsibilities.

3.3 Session Management: Enforce session timeouts and other controls to prevent unauthorised access due to prolonged inactivity.

4. Data Protection

4.1 Data Encryption: All data transmitted between users and the online portal and stored within the portal must be encrypted using robust encryption protocols.

4.2 Data Privacy: Comply with relevant data protection regulations and implement measures to protect users' personal and sensitive information.

5. Network Security

5.1 Firewalls: Implement firewalls and intrusion detection/prevention systems to monitor and protect against unauthorised access and malicious activities.

5.2 Network Segmentation: Segregate the online portal's network infrastructure to minimise the impact of potential breaches.

6. Vulnerability Management

6.1 Regular Scanning: Conduct regular vulnerability assessments and penetration testing to identify and address potential weaknesses.

6.2 Patch Management: Keep all software and systems updated with the latest security patches and updates.

7. Incident Response

7.1 Incident Reporting: Establish a straightforward process for reporting security incidents or breaches related to the online portal.

7.2 Response Plan: Develop and maintain an incident response plan that outlines the steps to be taken during a security incident.

8. User Awareness and Training

8.1 Security Training: Regularly train portal users about security best practices and credentials safeguarding.

8.2 Phishing Awareness: Educate users about phishing threats and social engineering attacks and how to recognise and report them.

9. Third-Party Security

9.1 Vendor Management: Implement security assessments and due diligence for third-party vendors or partners accessing the online portal.

9.2 Service Level Agreements: Include security requirements and expectations in service level agreements with third-party providers.

10. Physical Security

10.1 Data Centre Security: Ensure physical access to data centres and server rooms hosting the online portal is restricted and monitored.

11. Compliance and Auditing

11.1 Regulatory Compliance: Comply with relevant industry regulations, data protection laws, and security standards applicable to online portal operations.

11.2 Auditing and Monitoring: Implement logging and monitoring mechanisms to track and audit user activities and system events.

12. Incident Response Plan

The Incident Response Plan outlines the procedures to follow in the event of an IT security breach to mitigate the impact, ensure data integrity, and restore normal operations as quickly as possible.

1. Introduction

This Privacy Policy explains how we collect, use, disclose, and protect personal information as required by the Protection of Personal Information Act (POPIA) and other applicable data protection laws. By using our services and visiting our website, you consent to the practices described in this policy.

2. Information We Collect

We collect personal information for the purposes outlined in this policy. The types of personal information we may collect include, but are not limited to:

• Contact information (name, email, phone number, address)
• Identification information (ID numbers, passport details)
• Financial information (credit card details, payment information)

3. How We Use Personal Information

We use personal information for the following purposes:

• Providing services and products you request
• Processing transactions and payments
• Communicating with you regarding our services and updates
• Managing customer relationships and inquiries
• Complying with legal and regulatory requirements

4. Data Sharing and Disclosure

We may share personal information with the following:

• Our service providers who perform services on our behalf
• Legal authorities and law enforcement as required by law
• Business partners in connection with joint services or offerings

5. Data Security

We implement security measures to protect personal information from unauthorised access, disclosure, alteration, or destruction. However, no data transmission over the Internet is guaranteed to be secure.

6. Data Retention

We retain personal information for as long as necessary to fulfil the purposes for which it was collected and to comply with legal obligations.

7. Your Rights

You have the right to:

• Access your personal information and request details about its processing
• Correct inaccuracies in your personal information
• Request the deletion of your personal information, subject to legal requirements
• Object to or restrict the processing of your personal information
• Lodge complaints with the relevant supervisory authority

8. Consent and Withdrawal

By using our services, you consent to the collection and processing of your personal information as described in this Privacy Policy. You can withdraw your consent at any time by sending an email to: info@s10xcarbonfund.com.

9. Changes to this Policy

We may update this Privacy Policy from time to time. Any changes will be posted on our website, and the revised policy will be effective upon posting.

10. Contact Us

If you have questions or concerns about this Privacy Policy or our data practices, please get in touch with us at info@s10xcarbonfund.com.

1. Purpose

This policy outlines the procedures and guidelines for the public disclosure of validation and verification results for carbon offset projects conducted within S10X Carbon Fund, LLC.'s voluntary carbon markets initiatives. This policy aims to ensure transparency, credibility, and accountability in our efforts to mitigate climate change through verified carbon offset projects.

2. Scope

This policy applies to all carbon offset projects that undergo validation and verification processes within S10X Carbon Fund, LLC.'s voluntary carbon markets. It covers disclosing validation and verification reports and relevant project information to the public.

3. Definition

4. Principles of Public Disclosure

We are committed to the following principles when disclosing validation and verification results:

- Transparency: We will provide clear and comprehensive information about the validation and verification processes, outcomes, and any corrective actions taken.

- Accuracy: We will ensure the accuracy and completeness of the information disclosed, reflecting the findings and conclusions of validation and verification reports.

- Accessibility: We will make validation and verification reports and related project information accessible to stakeholders through appropriate channels.

- Timeliness: We will strive to disclose validation and verification results promptly following the completion of the respective processes.

5. Information to be Disclosed

We will disclose the following information related to validation and verification results:

- A summary of the project's scope, methodology, and objectives.

- A description of the validation and verification processes conducted.

- Validation and verification reports, including findings, conclusions, and recommendations.

- Details of any corrective actions taken based on verification findings.

6. Communication Channels

We will use the following communication channels to disclose validation and verification results:

- S10X Carbon Fund, LLC. Website: We will publish validation and verification reports and relevant project information on our official website.

- Stakeholder Engagement: We will engage with stakeholders through newsletters, webinars, and other communication channels to share validation and verification results.

7. Timing of Disclosure

We will aim to disclose validation and verification results as follows:

- Validation Results: Within 5 (five) working days of receiving the validation report.

- Verification Results: Within 5 (five) working days of receiving the verification report.

8. Review and Updates

We will regularly review and update this policy to ensure its alignment with industry best practices, standards, and stakeholder expectations.

9. Responsibility

As this policy outlines, the [Title/Department] is responsible for implementing and overseeing the public disclosure of validation and verification results.

10. Compliance and Enforcement

If you don't comply with this policy, it may result in appropriate actions, including corrective measures and disciplinary actions.

1. Introduction

S10X Carbon Fund, LLC. is committed to contributing to the United Nations Sustainable Development Goals (SDGs) as part of our corporate social responsibility and sustainability efforts. This Proponent SDG Objectives Policy outlines our dedication to aligning our activities, projects, and initiatives with the SDGs to foster positive social, environmental, and economic impacts.

2. Purpose

This policy aims to establish guidelines and practices for integrating the SDGs into our projects and activities, promoting responsible and purpose-driven business practices.

3. Scope

This policy applies to all employees, contractors, partners, and stakeholders engaged in S10X Carbon Fund, LLC.'s activities, projects, and operations.

4. Policy Statement

a. SDG Alignment: S10X Carbon Fund, LLC. is committed to aligning its activities and initiatives with the United Nations Sustainable Development Goals (SDGs) to contribute to global efforts for sustainable development.

b. Positive Impact: We strive to create positive social, environmental, and economic impacts by integrating the SDGs into our projects and operations.

5. Key Principles

a. Goal Integration: Identify and prioritise relevant SDGs that align with our mission, values, and areas of impact.

b. Target Setting: Set specific, measurable, achievable, relevant, and time-bound (SMART) targets for each chosen SDG to track progress and outcomes.

c. Stakeholder Engagement: Engage with stakeholders, including employees, local communities, partners, and customers, to ensure a collaborative approach to SDG integration.

d. Innovation: Foster innovative approaches and solutions to address complex challenges related to the chosen SDGs.

6. SDG Integration Process

a. Assessment: Conduct a thorough assessment of S10X Carbon Fund, LLC.'s activities and operations to identify opportunities for SDG alignment.

b. Strategic Planning: Develop a plan outlining how each chosen SDG will be integrated into projects, operations, and business strategies.

c. Implementation: Execute initiatives, projects, and activities that contribute to the chosen SDGs and drive positive impacts.

7. Monitoring and Reporting

a. Progress Tracking: Regularly monitor and measure progress toward SDG targets, using indicators and metrics that align with internationally recognised frameworks.

b. Transparency and Reporting: Provide transparent and comprehensive reports on S10X Carbon Fund, LLC.'s SDG integration efforts, outcomes, and challenges.

8. Collaboration and Partnerships

Collaborate with relevant stakeholders, including governments, non-governmental organisations (NGOs), and community groups, to enhance the effectiveness of SDG integration.

9. Review and Improvement

Review and update this SDG Objectives Policy to reflect advancements in SDG-related best practices, emerging global priorities, and S10X Carbon Fund, LLC.'s commitment to sustainable development.

Conclusion

By adhering to this Proponent SDG Objectives Policy, S10X Carbon Fund, LLC. is dedicated to contributing to achieving the United Nations Sustainable Development Goals, driving positive change, and advancing the global agenda for a more sustainable and equitable future.

1. Introduction

S10X Carbon Fund, LLC. is dedicated to engaging with its stakeholders transparent, inclusive, and collaborative. This Stakeholder Consultation Policy outlines our commitment to involving stakeholders in decision-making processes to ensure that their perspectives contribute to the success and sustainability of our organisation.

2. Purpose

This policy aims to establish a structured and consistent approach to stakeholder consultation, fostering meaningful engagement and mutual understanding.

3. Scope

This policy applies to all departments, employees, contractors, and partners of S10X Carbon Fund, LLC., emphasising the importance of stakeholder engagement throughout the organisation.

4. Principles of Stakeholder Consultation

a. Inclusivity: Engage diverse stakeholders to ensure representation from different perspectives, backgrounds, and interests.

b. Transparency: Conduct consultations openly and transparently, sharing relevant information and objectives with stakeholders.

c. Timeliness: Engage stakeholders early in decision-making processes to allow sufficient time for input and feedback.

d. Two-Way Communication: Establish channels for meaningful dialogue and active listening between S10X Carbon Fund, LLC. and its stakeholders.

e. Respect and Fairness: Treat all stakeholders respectfully, valuing their contributions and ensuring fair and equitable access to consultation opportunities.

5. Methods of Stakeholder Consultation

a. Consultation Channels: Utilize various methods, such as surveys, focus groups, workshops, public meetings, and digital platforms, to engage stakeholders.

b. Tailored Approaches: Choose consultation methods based on the nature of the issue, the stakeholders involved, and the desired outcomes.

6. Consultation Process

a. Identification: Identify key stakeholders and their interests, influence, and potential impact on the matter.

b. Planning: Develop a stakeholder engagement plan that outlines objectives, timelines, methods, and communication strategies.

c. Execution: Conduct consultations as outlined in the plan, ensuring that stakeholders are informed, engaged, and able to contribute effectively.

d. Feedback Collection: Gather stakeholders' input, feedback, and insights through chosen consultation methods.

e. Analysis: Analyse stakeholder feedback to identify common themes, concerns, and opportunities for improvement.

f. Integration: Integrate stakeholder input into decision-making processes, considering their perspectives alongside other relevant factors.

7. Communication of Outcomes

a. Feedback Loop: Communicate the outcomes of stakeholder consultations, including how their input influenced decisions and actions.

b. Transparency: Could you share summaries or reports on stakeholder consultations with stakeholders and the broader public?

8. Review and Improvement

a. Evaluation: Regularly assess the effectiveness of stakeholder consultation processes, gather feedback on the engagement experience, and identify areas for improvement.

9. Resources and Responsibilities

a. Resources: Allocate appropriate resources, including personnel, time, and tools, to facilitate effective stakeholder consultations.

b. Responsibilities: Clearly define roles and responsibilities for stakeholder engagement within relevant departments and teams.

1. Policy Statement

The Measurement and Verification Using Independent Third-Party Entities Policy establishes the framework for conducting accurate and credible measurement and verification of emission reductions achieved through projects within S10X Carbon Fund, LLC.

This policy ensures that measurement and verification processes are conducted transparently, independently, and in compliance with industry standards and best practices.

2. Objectives

The objectives of the Policy are:

• To ensure that emission reductions achieved through projects are accurately measured and verified.
• To maintain the credibility and integrity of our organization's emission reduction claims.
• To provide transparency and assurance to stakeholders, including investors, regulatory bodies, and the public.
• To align with recognized measurement and verification standards and regulatory requirements.

3. Scope

This policy applies to all projects within S10X Carbon Fund, LLC.'s portfolio that require accurate measurement and independent third-party verification of emission reductions.

4. Measurement and Verification Procedure

4.1. Selection of Third-Party Verification Entities:

Select independent third-party verification entities with recognized expertise and accreditation in measurement and verification and relevant industry sectors.

4.2. Planning and Documentation:

• Develop a verification plan for each project, outlining objectives, methodologies, data requirements, and timelines.
• Document the measurement and verification process, including the scope of verification, data collection methods, and verification protocols.

4.3. Third-Party Verification Execution:

• Engage the selected third-party verification entity to conduct the measurement and verification activities.
• Verify the accuracy of project data, emission reduction calculations, and adherence to methodologies.

4.4. Documentation and Reporting:

• Document the verification findings, including observations, recommendations, and deviations.
• Prepare a comprehensive verification report detailing the measurement and verification process, findings, and conclusions.

4.5. Third-Party Attestation:

Obtain an independent attestation from the verification entity to verify the accuracy of emission reductions achieved by the project.

5. Reporting and Transparency

Make the verification report and the third-party attestation available to stakeholders, including investors, regulatory bodies, and the public. Provide access to the information upon request.

6. Compliance and Continuous Improvement

Regularly review and update the Measurement and Verification Using Independent Third-Party Entities Policy to align with evolving measurement and verification standards, best practices, and regulatory changes. Use lessons learned from verification activities to enhance the accuracy and credibility of emission reduction claims.

7. Compliance and Enforcement

If you don't comply with this policy, it may result in appropriate actions, including corrective measures and verification removal.

1. Policy Statement

This policy establishes a framework for accrediting third-party Validation and Verification Bodies (VVBs) that provide services under the S10X Carbon Fund, LLC (Carbon Fund) Platinum Standard™.

It ensures VVBs meet high standards of competence, credibility, and quality, enhancing the trustworthiness of carbon offset projects.

2. Objectives

2.1 Ensure the competence and expertise of third-party VVBs validating and verifying carbon offset projects.

2.2 Standardize validation and verification practices across all projects.

2.3 Provide transparency and assurance to stakeholders.

2.4 Protect the credibility of S10X Carbon Fund, LLC. in carbon markets.

3. Scope

This policy applies to all third-party VVBs seeking accreditation to validate and verify Carbon Fund projects under the Platinum Standard�.

4. Review Procedure

4.1 Application: VVBs must submit credentials, experience, references, and AI capabilities.

4.2 Evaluation: Review qualifications, project history, technical skills, and ISO compliance.

4.3 On-Site Assessment (if applicable): Validate in-practice proficiency.

4.4 Documentation: Keep comprehensive evaluation reports and recommendations.

4.5 Decision: Approve VVBs who meet the criteria and communicate their scope and accreditation duration.

5. Accreditation Requirements

5.1 VVB's must hold the following accreditations prior to the signing of a service level agreement:

5.2 VVBs must demonstrate their use of Artificial Intelligence (AI) in validation and verification prior to appointment.

6. Conflict Avoidance

6.1 A direct or indirect shareholder of the Carbon Fund may not provide it with VVB services.

7. Records and Documentation

Maintain complete records of applications, evaluations, and decisions for auditing purposes.

8. Billing

8.1 Billing must be output-based (i.e. cost per validation or verification).

8.2 Time-based billing requires explicit written approval of the Board of Directors.

8.3 Invoices can only be issued by the VVB, once the validation or verification statement of approval has been issued and signed by an accredited VVB.

9. Renewal and Review

9.1 Accreditation must be renewed annually.

9.2 The Board of Directors must approve all VVB appointments and annual renewals.

10. Transparency and Communication

The list of approved VVBs and the scope/duration of their accreditation will be shared with relevant stakeholders.

11. Responsibility

The Finance Department is responsible for implementing and managing this policy.

12. Compliance and Enforcement

Non-compliance may lead to corrective actions or revocation of accreditation.