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Our 70% Commitment

GreenSweep allocates at least 70% of net revenue to verified environmental impact projects, voted on by our members. This page is the public, binding statement of that commitment, the definitions that make it auditable, and the governance that holds us to it. The percentage is a floor, not a target; we will publish the realised ratio every allocation period on the Transparency dashboard, and we will not reduce the commitment below 70%.

The pledge

We commit, by public statement and corporate resolution, that:

  • At least 70% of our net revenue, measured per allocation period, will be directed to verified environmental impact projects.
  • The projects funded in each period are chosen by member vote, weighted as defined in the Voting Rules.
  • All allocations are reported on the Transparency dashboard within 30 days of each period close.
  • We do not pre-commit revenue to any single project, partner, or geography.

Definition of net revenue

For the purposes of this commitment, net revenue means gross revenue, minus the following direct costs:

  1. Payment processor fees — actual fees charged by Stripe, Wise, and any other payment rails we use to receive funds.
  2. Refunds and chargebacks — amounts returned to advertisers or partners during the same period.
  3. Direct cost of revenue — server, hosting, third-party API, and infrastructure costs that scale directly with traffic and usage.

Net revenue does not deduct discretionary operating costs (salaries, marketing, legal, governance, office). Those costs are paid from the remaining 30% and are reported quarterly in our governance report.

If net revenue in a period is below the floor required to cover essential infrastructure, we may carry forward a deficit and net it against the following period's allocation, with full disclosure on the Transparency dashboard. We have not done so as of the publish date below; if and when it happens, the realised ratio for the affected period will be shown publicly with an explanation.

How we allocate

  1. At the close of each allocation period, the platform tallies the votes cast by members during that period.
  2. Net revenue for the period is calculated per the definition above.
  3. 70% of net revenue is split across the funded projects in proportion to votes received, subject to project-level minimums and standard fraud filtering described in the Voting Rules.
  4. Disbursements are made directly to the receiving NGOs or project operators via bank transfer or, where appropriate, milestone-gated escrow.
  5. Each disbursement is recorded on the Transparency dashboard with the amount, recipient, period, and the tally of votes that produced it.

Audit and verification

  • All revenue, allocation, and disbursement data flows from our internal accounting ledger to the public Transparency dashboard. The dashboard is the receipt for this commitment.
  • Once incorporated, the Malta Purpose Foundation will publish annual financial accounts with the Malta Business Registry, externally audited.
  • Any discrepancy between this commitment and an actual disbursement period will be acknowledged publicly within 30 days of the period close, with cause and remediation.

Operating entity and Foundation

GreenSweep is operated today by GreenSweep Pte. Ltd., a private limited company registered in Singapore. GreenSweep Foundation is in the process of being established as a Malta Purpose Foundation under Chapter 16 of the Laws of Malta. The Foundation's purpose, once incorporated, will be to safeguard and direct the impact mission described on this page. The 70% commitment binds both entities: it is a current operating commitment of the Pte. Ltd., and will become the governing purpose of the Foundation upon incorporation.

We will update this page when the Foundation incorporates, and will reflect the change in the public registry record at that time. The percentage commitment will not decrease.

Effective date and signatures

  • First published: 2 May 2026
  • Version: 1.0
  • Signed by:
  • Byron Fuller, Co-Founder, GreenSweep Pte. Ltd.
  • Hiram Powers-Heaven, Co-Founder, GreenSweep Pte. Ltd.

Once the GreenSweep Foundation incorporates, this page will be re-signed by the Foundation Board.

Sources

  1. 1.GovernmentMalta Purpose Foundation Act — Chapter 16, Laws of Malta
  2. 2.GovernmentSingapore Companies Act — Pte. Ltd. registry
  3. 3.IndustryGold Standard Foundation — project verification
  4. 4.IndustryVerra — Verified Carbon Standard