Bureau Veritas has expanded its geographical reach as an approved verifier under the Climate Bonds Standard and Certification Scheme, with additional offices in China, Japan, India, and France now officially registered in the Climate Bonds Verifier Directory. This update builds upon Bureau Veritas' long-standing role as an approved verifier, which began with its initial accreditation in Brazil in 2020. The addition of these new locations reflects Bureau Veritas' unwavering commitment to supporting issuers in key global markets through high-quality, independent verification services that meet the requirements of the Climate Bonds Standard. With this expanded geographical coverage, Bureau Veritas is better positioned to support the issuance of green and sustainable bonds in Asia and Europe, helping issuers demonstrate compliance with science-based standards and contributing to the increased credibility of labeled bonds. The Verifier Directory provides issuers and investors with an up-to-date list of approved organizations qualified to perform verifications under the Climate Bonds Standard, playing a vital role in supporting trust and consistency in the sustainable finance market. This expansion further strengthens the shared commitment between the Climate Bonds Initiative and Bureau Veritas to promote best practices in sustainable finance and accelerate the flow of capital toward projects and assets aligned with global climate goals. Marina Strovolidou, Head of Certifications at the Climate Bonds Initiative, stated: "The addition of Bureau Veritas' regional offices in China, Japan, India, and France to the Verifier Directory reflects the continuous strengthening of verification capabilities, backed by local expertise and support in key markets. Expanding a reliable, science-based verification framework is essential to supporting issuers worldwide and maintaining the integrity of the Climate Bonds Certification framework." Marc Roussel, Executive Vice President of Urbanization and Assurance at Bureau Veritas, commented: "The expansion of Bureau Veritas' presence as an approved verifier under the Climate Bonds Standard further strengthens our commitment to promoting reliable sustainable finance. With verification capabilities in key markets, Bureau Veritas provides local expertise while maintaining global quality standards, enhancing market confidence and boosting funding for projects aligned with climate action." About Climate Bonds Initiative The Climate Bonds Initiative is an international non-profit organization working to mobilize global capital for climate action. It promotes the growth of the green and sustainable bond market through science-based frameworks (taxonomy, standards, certification), data, insights, and policy advice. About the Climate Bonds Standard The Climate Bonds Standard is a science-based, multi-sector framework that allows investors and intermediaries to assess the climate eligibility and environmental integrity of bonds and other sustainable finance products. Version 4.3 covers Use of Proceeds, Asset, Entity, and Sustainability-Linked Debt Certification. About Bureau Veritas Bureau Veritas is a world leader in testing, inspection, and certification services, with a mission to ensure responsible progress and build a world of trust. Since its founding in 1828, the company has employed 82,000 people across 140 countries, providing professional services related to quality, health and safety, environmental protection, and sustainability. Bureau Veritas is listed on Euronext Paris and is included in several stock indices, including the CAC 40 ESG.
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- Source: PR Times
- Category: News