What’s it all about?
US based NSF International is the most recent organization to be approved by the Climate Bonds Standard Advisory Board* as a Verifier under the Climate Bonds Standard.
Established in 1944 at the University of Michigan, School of Public Health, NSF is a not-for-profit organisation respected for its scientific and technical expertise.
Accredited by the American National Standards Institute (ANSI), NSF has developed over 80 voluntary American National Standards under the scope of public health, safety, environment and sustainability assessment.
NSF International has been granted verifier status for North America for the following sector criteria: Solar, Wind, Water, Low Carbon Buildings and Low Carbon Transport.
What do verifiers do?
Verifiers play a vital role in the Climate Bonds Standards process. Issuers contract approved verifiers to perform environmental due–diligence on bonds they wish to be certified under the Climate Bonds Standard.
The verifier provides an independent assurance report to determine the eligibility of the bond against the Standard. The Climate Bonds Standard Advisory Board* reviews this assurance report when it considers Certification of the bond.
The verifier list is growing
2016 has seen an upsurge of global organisations applying to become Verifiers against the Climate Bonds Standard, including China and India based companies. You can read about it in detail in our current Standards Newsletter.
Who’s saying what
Jenny Oorbeck, General Manager, NSF International Sustainability Division
"NSF International welcomes approval as a verification body by the Climate Bonds Standard Advisory Board. Verifying green bonds extends the scope of the NSF Sustainability Division’s greenhouse gas verification program. It also supports the NSF International core mission of protecting and improving global public health by developing standards and providing certifications that help protect food safety, water quality, and the environment. NSF encourages everyone to live safer."
Sean Kidney, CEO of the Climate Bonds Initiative:
"We’re very pleased to announce that NSF International is the newest Approved Verifier. They’re widely recognized for their longstanding commitment to public health, safety, and protection of the environment and distinguished experience in external and independent assurance.”
Welcome aboard to NSF.
‘Till next time,
Climate Bonds Communications
Disclosure: The CBSAB is an Advisory Committee to the Climate Bonds Board.
Disclaimer: The information contained in this communication does not constitute investment advice and the Climate Bonds Initiative is not an investment adviser. Links to external websites are for information purposes only. The Climate Bonds Initiative accepts no responsibility for content on external websites.
The Climate Bonds Initiative is not advising on the merits or otherwise of any investment. A decision to invest in anything is solely yours. The Climate Bonds Initiative accepts no liability of any kind for investments any individual or organisation makes, nor for investments made by third parties on behalf of an individual or organisation.
