Redeem Recycling Offset Credits - ROCs
(pronunciation ~ ROCKS)
RecycleNet Recycling Offset Credits (ROCs) may be redeemed for a Certificate verifying the RecycleNet
account holder's recycling achievements.
Upon request RecycleNet will issue a Certificate in the account holders name for
the amount of credits they have accumulated in their account.
Example: You have 20 credits in
your account that you wish to redeem for a Certificate. One (1) Recycling Offset Credit
(ROCs) is equal to 1 ton of material recycled. RecycleNet will issue a
Certificate in your company name stating:
YOUR COMPANY has recycled 20 tons
There is a nominal Shipping and Handling
charge applicable for issuance and delivery of certificates.
Issuance of the certificate will remove Recycling Offset Credits (ROCs) from your account. Once a
certificate is issued those Recycling Offset Credits (ROCs) can no longer be
traded. Once a certificate has been issued they are non-transferable or redeemable for future trading purposes.
Third Party Verification:
RecycleNet Recycling Offset Credits (ROCs) may be verified by a third party upon request.
A third party accounting firm may be used
to authenticate and verify ROCs. Third party verifications certifies and quantifies your efforts to become carbon neutral.
File No.: 15264