As a Scheme Participant, you are required to calculate your individual certificate target for each compliance year.

Your individual certificate target represents your share of the scheme certificate target. It is calculated by dividing your individual liable demand by the scheme liable demand to work out your portion of the scheme certificate target. This is then applied to the scheme certificate target as follows:

This formula says that individual certificate target = individual liable demand divided by scheme liable demand times scheme certificate target

More information is available on the Individual liable demand and Scheme certificate target pages.

You must notify us of your individual certificate target and how you will meet it in an annual statement by 18 March. More information about annual statements is available on the Scheme Participant requirements page.