DNV GL is again ranked as the “best verification company” in the 2014 survey by Environmental Finance magazine, continuing its leadership position in the worldwide market for voluntary carbon offset projects and trading of carbon emissions credits. DNV GL also earned top honors in the 2013 survey.
A carbon credit represents one ton of carbon dioxide that has been removed from the atmosphere, avoided or sequestered. The creation and trading of carbon credits is an essential tool in the effort to reduce global greenhouse gases through cap and trade schemes or voluntary endeavors. The trading of credits helps to finance emissions-reduction projects that might otherwise be unaffordable. Our role is to confirm whether genuine and permanent emission reductions are actually being generated. This is the critical step to ensure the integrity of the carbon offset market.
DNV GL has extensive international project experience, and is increasingly focusing on the North American mandatory and voluntary carbon markets, providing validation/verification services under the Climate Action Reserve (CAR), California Air Resources Board (CARB), American Carbon Standard (ACR), Verified Carbon Standard (VCS), British Columbia Carbon Registry (BCRR), The Climate Registry (TCR), Carbon Disclosure Project and the Community, Conservation and Biodiversity Standard (CCBS), among others.
As the leading verifier, DNV GL has extensive experience in project areas that are key for the North American market, including forestry, agriculture, landfills, coalmine methane, livestock, energy efficiency, and Ozone Depleting Substances. As an ANSI accredited firm, we are able to provide validation/verification services for projects around the globe.
In addition to our focus on offset project related services, DNV GL also provides advisory and verification services for corporations looking to address their carbon and water footprints.
“This is an important but evolving market demanding deep specialized skills and complete integrity to help ensure transparency and confidence in a lower carbon economy,” says Dave Knight of DNV GL USA & Canada Sustainability Services. “Validation and Verification of projects that help mitigate climate change is part of our corporate services, which also include adaptation to reduce risks of climate change. This is one of our top priorities for our company as a whole.”