Certification

The Climate Bonds Standard and Certification Scheme is a labelling scheme for bonds. Rigorous scientific criteria ensure that it is consistent with the 2 degrees Celsius warming limit in the Paris Agreement. The Scheme is used globally by bond issuers, governments, investors and the financial markets to prioritise investments which genuinely contribute to addressing climate change.

 

Approved Verifiers under the Climate Bonds Standard

Below is a directory of Verifier organisations which have been approved by the Climate Bonds Standard Board.

Bond issuers are free to choose from this list and engage with a Verifier that matches their bond's geographical coverage and sector critiera.

Find out how to become an Approved Verifier

More about the Assurance aspects of our Certification or contact directly: 

 

Matteo Bigoni   

Head of Certification

Climate Bonds Initiative 

mob:
 +44 (0) 7850 390 261

matteo.bigoni@climatebonds.net

certification@climatebonds.net​          

   

 

                            Become a Verifier

 

 

 

 

Verifier

Overview

Geographic
Scope

Sector Criteria Coverage

Contact

1.

 

Created in 1828, Bureau Veritas is a global leader in Testing, Inspection and Certification (TIC), delivering high quality services to help clients meet the growing challenges of quality, safety, environmental protection and social responsibility.

Worldwide

Solar Energy

Wind Energy

Water Infrastructure

Low Carbon Buildings

Low Carbon Transport

Marine Renewable Energy

Vishal Goel

Sustainability Services Team

2.

DNV-GL is the world's  leading ship and offshore classification society, the leading technical advisor to the global oil and gas industry, and a leading expert for the energy value chain including renewables and energy efficiency. We’ve also taken a position as one of the top three certification bodies in the world.

Worldwide

All sectors

Mark Robinson

Douglas Farquhar

3.

EPIC Sustainability is a leading independent greenhouse gas verifier, sustainability assurance provider and third party auditor operating globally. EPIC is a two time International Award Winning Organization within two years of commencing operations, first in the history of environmental markets business.

Worldwide

All sectors

Dr. Vishnu

4.

EY is a global leader in assurance, tax, transaction and advisory services. EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, a UK company limited by guarantee, each of which is a separate legal entity. There are 231,000 EY people globally and EY offices in more than 150 countries.

Individual member firms are the Verifier. Subject to issuer’s location, the issuer may be referred to the appropriate individual firm to provide Verification services

All sectors

Judy Li (China)

EY China

Pip Best (Asia Pacific)

Mark Fisher(Europe)

John DeRose (Americas)

EY Global

5.

KPMG operates as a network of independent member firms offering audit, tax and advisory services. It operates in 155 countries and employ more than 155,000 people across a range of disciplines. KPMG's clients include business corporations, governments and public sector agencies and not-for-profit organizations.

Individual independent member firms are the Verifier. Subject to issuer’s location, the issuer may be referred to the appropriate individual firm to provide Verification services

All sectors

 

Manpreet Singh (India)

KPMG India

 

Laetitia Hamon (Luxembourg)

KPMG Luxembourg

 

Cherine Fok (Singapore)

KPMG Singapore

 

Dr Charles Ehrhart (New Zealand)

KPMG New Zealand

 

Mark Spicer (Australia)

KPMG Australia 

6.

Sustainalytics is a global environmental, social and governance (ESG) and corporate governance research and analysis firm. It helps clients turn vast quantities of environmental, social and governance information into insightful, value-added analysis to enable more informed investment decisions.

Worldwide

All sectors

Trisha Taneja (worldwide)

North and South America

Europe and Middle East

Asia Pacific

7.

TÜV NORD CERT is a service-provider for comprehensive testing and certification on the basis of national and international specifications and standards for products, services and management systems.

Worldwide

All sectors

Tahsin Choudhury

8.

First Environment is a U.S.-based environmental consulting company that provides environmental verification and product certification services as well as site remediation, regulatory compliance, environmental management system, climate change adaptation, and litigation support services. The firm is an American National Standards Institute (ANSI) accredited greenhouse gas verification body and has received past recognition by Environmental Finance as the Best Verification Company for both voluntary and mandatory markets in North America.

Worldwide

All sectors

Phil Ludvigsen

9.

SynTao Green Finance is an independent consultancy promoting sustainable finance in China. With a global vision and rich local practice, they provide consulting, research and training services in ESG risk management, green finance product innovation and verification, and other sustainable finance perspectives.

China

Solar Energy

Wind Energy

Valentina Wu

10.

Vigeo Eiris is a global independent provider of ESG research and services for investors, public and private organisations and NGOs.

Worldwide

All sectors

Paul Courtoisier

11.

BDO India is an accounting and advisory practice with many clients active in the Indian debt capital market. It is ideally placed to stimulate the Indian green bond market.

India

Solar Energy

Wind Energy

 Keyur Dave

Parner 

+91 99200 30880

12.

 

Beijing Zhongcai Green Financing Consultants Ltd has emerged as the commercial arm of the International Institute of Green Finance (IIGF), Central University of Finance and Economics (CUFE) in Beijing. They have significant experience in the Chinese green bond market and policy research.

China

Solar Energy

Wind Energy

Low Carbon Buildings

Low Carbon Transport

Marine Renewable Energy

Ms Ying CUI

yingcui@rccef.com.cn

13.

The Carbon Trust‘s certification arm works with hundreds of organisations around the world, helping them to better understand their environmental impacts and robustly demonstrate sustainability achievements. Their certifications focus on reductions in carbon emissions and improving resource efficiency, including water use and waste output.

Worldwide

Solar Energy

Wind Energy

Low Carbon Buildings

Low Carbon Transport

Water Infrastructure

Morgan Jones

Morgan.Jones@carbontrust.com

14.

Emergent Ventures India (EVI) provides public and private sector consulting and assurance services across the spectrum of sustainable development issues in India and Southeast Asia.

Worldwide except USA & Canada

Solar Energy

Wind Energy

Low Carbon Transport

Low Carbon Buildings

Forestry

Waste Management​(when available)

Hydropower​(when available)

Bioenergy
(when available)

atul.shangal@emergent-ventures.com

15.

PwC's purpose is to build trust in society and solve important problems. It is a network of firms in 157 countries with more than 223,000 people who are committed to delivering quality in assurance, advisory and tax services.

Individual network member firms are the Verifier. Subject to issuer’s location, the issuer may be referred to the appropriate individual firm to provide Verification service All sectors  

Rachel Poole

rachel.poole@pwc.com

 

PwC Global
 

16.

Lianhe EIA is committed to providing professional consulting, certification, research services related to sustainable finance and environmental protection. It has particular experience in financial analysis, environmental impact assessment, sustainable development consulting and environmental engineering technology.

China

Solar Energy

Wind Energy

Low Carbon Buildings

Low Carbon Transport

Water Infrastructure

LIU Jingyun

liujy@lhcis.com

17

NSF Certification, LLC is a USA-based not-for-profit organization respected for its scientific and technical expertise. Our worldwide offices provide product and management system certification and climate services. We are accredited by the American National Standards Institute (ANSI) as a greenhouse gas validation and verification body.

Worldwide

Solar Energy

Wind Energy

Low Carbon Buildings

Low Carbon Transport

Water Infrastructure

Bioenergy

Waste Management (when available)

Stacey L. Mack

smack@nsf.org

18

Deloitte France, Deloitte LuxembourgDeloitte Spain, Deloitte China, and Deloitte Germany are member firms of Deloitte Touche Tohmatsu Limited, limited by guarantee (“DTTL”). Over 900 Deloitte member firm partners and professionals deliver sustainability-related services to clients in more than 50 countries. These professionals collaborate across the Deloitte network’s business lines – Risk Advisory, Audit, Tax & Legal, Consulting, and Financial Advisory – to help clients transition to sustainable business models and practices that will deliver top and bottom line growth for the long term.

Individual member firms are the Verifier. Subject to issuer’s location, the issuer may be referred to the appropriate individual firm to provide Verification service All sectors

Julien Rivals    (France)

jrivals@deloitte.fr

Deloitte France

 

Tom Pfeiffer    (Luxembourg)

topfeiffer@deloitte.lu

Deloitte Luxembourg

 

Helena Redondo (Spain)

hredondo@deloitte.es

Deloitte Spain

 

Gu, Jolin Ling (China)

ligu@deloitte.com.cn

Deloitte China

 

Philipp von Websky (Germany)

pvonwebsky@deloitte.de

Thomas Krick (Germany)

tkrick@deloitte.de

 

Monica Palumbo (Italy)

mpalumbo@deloitte.it

19

Raising Clean-tech Investment Consulting Co., Ltd. provides independent green finance services in China. With a deep understanding of Chinese policy and abundant experience, the company helps governments, enterprises and financial institutions find sustainable business models and green finance solutions. As an independent verifier, it can provide external assurance for green bonds issuance under the required standard.

China

Solar Energy

Wind Energy

Low Carbon Buildings

Leo LU

lujia@decarbonfund.com

20

 

China Chengxin Credit Management Co., Ltd. (CCX) is the pioneering credit rating agency in China with a leading market position since its establishment in 1992. CCX was the first Chinese credit rating agency to publish a green bond assessment method, and was also the first as a CBI approved verifier in the industry in China. CCX is committed to providing independent, professional certification, assurance, assessment and consulting services related to green bond and other fields of sustainable finance.

China

Solar Energy

Wind Energy

Low Carbon Transport

Low Carbon Buildings

Water Infrastructure

Alex Cui

cuizixiao@ccx.cn

21

Kestrel Verifiers is an American company with deep experience in the water, energy and land use sectors. We support green finance with professional verification services. We are committed to quality, customer service and the transition to a low-carbon economy.

Worldwide

Solar Energy

Wind Energy

Water Infrastructure

Low Carbon Buildings

Forestry

Monica Reid

monica@kestrel-inc.com

 

22.

Carbon Care Asia Limited (CCA) is a leading provider of services on carbon strategy, greenhouse gas reduction, climate change policy advice, and environmental, social and governance reporting in East and Southeast Asia. Headquartered in Hong Kong, CCA was founded by top environmental and social development professionals. Operating as a professional social business, CCA stands uniquely in the middle of the spectrum between NGOs and purely commercial consultancies. Asia

Solar Energy

Wind Energy

Geothermal Energy

Low Carbon Buildings

Water Infrastructure

John Sayer, Director

(+852 2541 5020)

john.sayer@carboncareasia.com

23

 

China Quality Certification Centre (CQC) is a professional certification body and its core business involves product certificaiton, including China Compulsory Certification (CCC), voluntary certification, management system and training services certfication. CQC is also a state-authorised third party certification body for energy saving, water, environmental friendly products, IECEE CB systems as well as being an official member of  IQNet, IFOAM, ANF and CITA. It has established coorperative relations with 27 certification bodies in 19 countries.  China  All Sectors 

ZHU Hailei

 zhuhailei@cqc.com.cn

ZENG An

zengan@cqc.com.cn

24

Multiconsult ASA is Norway’s leading engineering consultancy, with global knowledge and local experience across multiple markets in Europe, Africa and Asia. Multiconsult provides technical and commercial advisory services within the whole renewable energy value chain from production, transmission and distribution, to consumption and energy efficiency/building technologies. We can verify green bonds focused on investments in  solar and wind power and biomass; off-grids, mini-grids and grid-connected solutions up to 600 kV; we also work with battery storage, energy-efficient buildings as well as electric transportation. Worldwide except USA

Solar Energy

Wind Energy

Low Carbon Buildings

Low Carbon Transport

Sales team

energi@multiconsult.no

25

ERM Certification and Verification Services (ERM CVS) is a wholly owned subsidiary of the ERM Group, a global market leader in sustainability services. Operating in more than 50 countries, we deliver independent, accredited, performance-focused certification, verification and assurance services.   Our team brings together expertise in climate-related project validation and verification, data verification, financial accounting and assurance; with deep technical experience across the range of the sectors included within the Climate Bonds Initiative.. Worldwide 

Solar Energy

Wind Energy

Geothermal Energy

Marine Renewable Energy

Low Carbon Buildings

Low Carbon Transport

Water Infrastructure

Melanie Eddis, Partner 

melanie.eddis@ermcvs.com

26

 

 

Established by Hong Kong Government in 1989, Hong Kong Quality Assurance Agency (HKQAA) is a non-profit public organization that for several decades has been committed to introducing international management standards, promoting good management practices and sustainability in Greater China.

As one of the leading conformity assessment organisations in the region, HKQAA developed diverse services and obtained ample experience in the field of social responsibility, environmental protection, sustainability and responsible investment.

These services include Green Finance Certification Scheme, CSR Index Series, assessment and rating services for the Hang Seng Corporate Sustainability Index Series, as well as Validation and Verification for Clean Development Mechanism projects.

 

Worldwide except USA & Canada

Solar Energy

Wind Energy

Low Carbon Buildings

Water Infrastructure

P C Chan, Chief Operating Officer

pc.chan@hkqaa.org

27

Since 2007, HR Ratings has conducted ratings assigned to debt issuances in Mexico with a value totaling approximately US$35 billion. These ratings include analysis of governmental entities, corporates, financial institutions, infrastructure and asset backed securities in Mexico.

HR Ratings has since expanded internationally, to become the first Latin American credit rating agency and one of only ten companies worldwide which is registered with the US Securities and Exchange Commission (SEC) as a Nationally Recognized Statistical Rating Organization (NRSRO) ) for issuers of government securities. 

It is the first Latin American Credit Rating Agency (CRA) to be certified by the European Securities and Markets Authority (ESMA) and the third overall Credit Rating Agency to be certified by this institution.

Mexico

Solar Energy

Wind Energy

Raul Medina, Senior Associate

raul.medina@hrratings.com

28

CECEP Hundred Technical Service (Beijing) Co.,Ltd. is a wholly-owned subsidiary of CECEP Consulting Co., Ltd. CECEP Consulting was established in 1995. The company has over 80 employees with expertise in a wide range of environmental and engineering fields and also access to a network of over 2000 experts in different organisations.

CECEP Consulting works closely with government departments in energy conservation and environmental protection policy research and planning. The company has provided consulting services for over 5000 projects with total investment volume exceeding one trillion. CECEP Consulting has a high reputation in China's energy conservation and environmental protection industry, known as the "think tank."

China

Wind Energy

Solar Energy

Low Carbon Transport

Water Infrastructure

Chang He

Ylhc105@163.com

29

Indufor Oy is an independent international consulting company providing world class advisory services to a wide range of public and private sector clients around the world in natural resources management, investment advisory, and strategic industrial development.

Indufor has completed over 900 consulting assignments in more than 100 countries worldwide since 1980.

Worldwide Forestry

Dr Silja Siitonen

silja.siitonen@induforgroup.com

30

Created in 2008, Greensolver is an independent technical expert dedicated to wind and solar assets. From construction & operations (TCM) to advisory services we are dedicated to creating value and delivering high value services to our customers.

We have offices in Paris, London & Groningen and are certified with ISO 9001, ISO 14001, ISO 55001 and OHSAS 18001

Worldwide

Wind Energy

Solar Energy

Maxime Harroy

Maxime.harroy@greensolver.net

+33 (0)6 37 02 94 41

31

Build America Mutual (BAM) is a mutual bond insurance company operated for the benefit of its members – the cities, states and other municipal entities that use BAM’s financial guaranty to lower their cost of borrowing. BAM is the National League of Cities’ preferred provider of bond insurance. BAM is licensed in all 50 states and helps make essential public infrastructure – including water and sewer utilities, schools, roads, and government buildings – more affordable.  United States

Water Infrastructure,

Low Carbon Buildings (Commercial)

Low Carbon Transport

Michael Stanton

Head of Corporate Strategy & Communications

mstanton@buildamerica.com

+1 212-235-2575

32

ISS ESG is the responsible investment arm of Institutional Shareholder Services Inc., the world’s leading provider of environmental, social, and governance solutions for asset owners, asset managers, hedge funds, and asset servicing providers.

Under the ISS ESG umbrella are three discrete units that draw on deep historical and industry expertise, including: ISS-ethix, ISS-climate, and ISS-oekom.

ISS ESG clients rely on the expertise of all three to help them integrate responsible investing policies and practices into their strategy and shareholder voting decisions.

Worldwide

Solar Energy

Wind Energy

Marine Renewable Energy

Geothermal Energy

Low Carbon Buildings

Low Carbon Transport

Water Infrastructure

Robert Rosenberg

Stephen James

33

The iGreenBank is a leading green fintech player in green finance market. The key business of the iGreenBank is enhancing the credibility of green finance products based on an AI engine called EnRobot and a database named Green Recording System(GRS). The iGreenBank provides services including green bonds assessment, environmental risk management, big data mining and ESG.

China (not include Hong Kong, Macau)

Solar Energy

Wind Energy

Geothermal Energy

Marine Renewable Energy

Low Carbon Buildings

Low Carbon Transport

Water Infrastructure

Dr. Chen Bo

Mr. Zhang Han

34

Golden Credit Service is a leading credit consulting company in China. The company is committed to providing objective and independent verification & certification services related to green bond, green enterprise, and environmental protection. In addition, it provides consulting services of ESG risk management and sustainable & responsible development.

Golden Credit Service is entitled to qualified credit investigation institution of The People’s Bank of China (PBoC), a credit system cooperative institution of National Development and Reform Commission (NDRC), as well as member of National Association of Financial Market Institutional Investors (NAFMII)

China

Solar Energy

Wind Energy

Geothermal Energy

Marine Renewable Energy

Low Carbon Buildings

Low Carbon Transport

Water Infrastructure

Stella Chang

Head of International Business

 

Yixiang Fang

Head of Green Bond Dept

35

All members of the DQS Group strive towards one common goal: to contribute to the sustainable success of our clients. Within the Group, DQS CFS is the branch that focuses on audit and assessment services related to sustainability and consumer safety. This not only includes certification of quality and product safety management systems, but also supplier audits, inspection, product certification and external assurance on sustainability reports and data.

Worldwide All sectors

info@dqs-cfs.com

 

Withdrawn Verifiers

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Disclaimer: Climate Bonds Initiative makes every effort to keep the details on this page up to date, however we assume no liability regarding the accuracy and reliability of the information on this page.