ORMEX Governance

Transparency and Integrity

Being a high-quality Voluntary Carbon Markets Standard, ORMEX implements an effective and well-organized governance structure and framework, with clear definition of duties and responsibilities. 

ORMEX Governance is based on publicly available decisions making process. The governance structure is transparent and accountable for decisions.

A continuously learning program and innovation

The ORMEX PROGRAM combines a users’ experiences and feedback with initial and regular involvement of experts and other stakeholders. 

The diversity of views and high level of expertise ensure a high-level qualified program. 

The ORMEX Program and ORMEX STANDARD intend to be adaptive to new scientific and technological innovation and are designed to integrate as much as possible all best-practices and the best science and technical expertise available. 

A scientific and technological regular watch is done by ORMEX’s governance organization and the Standard Advisory Council (SAC). As necessary, additional scientific or VCM experts are invited to make recommendations and proposals to ORMEX. 

All regulatory developments are strictly followed and analyzed.

ORMEX DIRECTORY

Chairman, CEO and founder

STRATEGIC ADVISORY ORGANIZATION

STRATEGIC ADVISORY BOARD (SAB)
Strategic governance

4 – 8 members (max)

The Strategic Advisory Board members are appointed by the CEO on a case by case basis for strategic advises and/or analyses as necessary to support ORMEX ‘activities strategic decision.

+ Specific experts  working groups

ORMEX EXECUTIVE ORGANIZATION

TECHNICAL & INNOVATION 

TECHNOLOGY & INNOVATION COMMITTEE (TIC)
Technical oversight of Standard setting, Program digitalization

4 – 8 members (max)

The Technology & Innovation Committee members are appointed by the CTO on a case by case basis, for technical and digitalization advises and/or analyses as necessary to support decision.

+ Specific experts  working groups

STANDARD & LEGAL

STANDARD EXECUTIVE COMMITTEE (SEC)
Program Inputs, Standard settings & governance

4 members (CEO,CTO, Head of Legal&Standard, General Secretary of Standard Advisory Council)

Decision on Program and Standard
Grievance managment
Conflits of Interests management

+ Specific experts  working groups

STANDARD ADVISORY COUNCIL (SAC)
Scientific & VCM advices and analysis

5 – 10 members (max)

The SAC delivers on a case by case basis, scientific and VCM advises and/or analyses as necessary to support SEC’s decision.

+ Specific experts  working groups

“ORMEX's governance & organization is able to deal with all issues relating to the definition and evolution of the ORMEX STANDARD, in order to maintain the level of quality expected by the Voluntary Carbon Market, and to meet the best market requirements.”