Retire credits
Buyers can retire credits in order to meet corporate climate targets, make a public environmental claim or meet government or regulatory requirements.
Credits can be retired either in the buyer’s name or in the name of a beneficiary, for example when credits have been purchased by a marketplace or intermediary on behalf of their customer.
After retiring credits, the credits become immutable and can no longer be transferred or altered.
Retire credits
Start a retirement
Click the Retire button from the Credits page of your Registry account.
Choose retirement beneficiary
Select a beneficiary for the credit retirement. The list of beneficiaries consists of all Isometric Registry account holders or past named beneficiaries.
If the beneficiary is not listed, you can add a new beneficiary by supplying their name and web domain and confirming that you are authorized to retire credits on their behalf.
Select credit balance
Choose the credit balance you wish to retire from. If you have credits from multiple suppliers, each will be shown as a separate balance. A single retirement can only include credits from one supplier.
Select credits to deliver
Enter the number of credits you wish to retire from your available balance. You can either choose to automatically retire credits from the oldest available credits or manually select credits from past deliveries.
Select the purpose of the retirement
Choose the reason that you are retiring credits. The available options are:
- Meeting corporate climate targets
- Making a public environment claim
- Government or regulator requirement
- Other
Review details and retire
Check the details of your retirement and optionally add a public note for display in the Isometric Registry. Click Retire credits to complete the transaction.
Retirement certificate
On retirement, a retirement certificate will be generated. View your retirement in the Isometric Registry and click the Download retirement certificate button to save it.
The certificate will include all the supplied details of your retirement and a list of the included credit batches and credit serial numbers to ensure traceability.
API users
Retirements can also be automated via API integration. See the Create Retirement endpoint for documentation on how to enable this functionality.
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