BSI becomes world leader in Greenhouse Gas emissions verification

This accreditation validates BSI's global expertise in verifying GHG emission and reduction assertions, placing the world's most prominent independent management assurance service provider amongst the few recognized GHG emission verification bodies in the Americas.

BSI recently audited INEOS’ Joffre LAO plant in Canada. “BSI provided excellent service and conducted a very thorough audit,” said INEOS, Environmental Specialist Charles Obst, adding “We are very pleased with BSI and have used them since our initial registration for environmental management systems in 2002. BSI’s team has always been very professional, responsive to any questions I asked, and we are quite pleased with their service.”

“As the third largest petro-chemical producer in the world, INEOS’ commitment to manage their Greenhouse Gas emissions moves the needle forward for climate change,” said Todd VanderVen, President BSI Americas. “BSI’s global presence, extensive experience and technical expertise in GHG emission verification make us the natural choice for any industry and company size.

Independent verification of GHG assertions provides assurance that GHG emissions monitoring, measuring, and inventory are properly managed and accounted at organizational or facility level against governing regional or international standards. In addition to assured reliability in emission reporting, a verified GHG emission inventory demonstrates that an organization is effectively and diligently managing and monitoring their energy consumption and associated GHG emissions.

In recent years, a myriad of voluntary GHG emission disclosure initiatives and mandatory regulatory reporting frameworks have been emerging. President Obama has made clear in his budget for Fiscal Year 2010 the intention to establish a cap on GHG emissions, requiring organizations to inventory and report emissions, and to acquire and trade the necessary emissions allowances. Under this future cap-and-trade system, organizations that have preemptively inventoried, reported and verified their GHG emissions stand to be rewarded not only with regulatory advantages, but also tangible early action credit.

"Most, if not all, of the existing voluntary GHG disclosure initiatives and mandatory reporting regulations in North America require independent verifications of emission reporting or reduction assertions," said Wilhelm Wang, Product Manager - Business Sustainability at BSI. "Independent third-party verification lends necessary creditability to the assertion and forms the foundation of reporting transparency."

"Furthermore, as considerable volumes of emissions result directly or indirectly from energy use, a comprehensive GHG emission inventory often enables organizations to identify opportunities to increase the efficiency of their operations, reduce energy consumption, and realize measurable cost savings," Mr. Wang adds. "A well-designed and executed GHG emission management program and verification by an accredited verifier, such as BSI, not only affords management with an assured assertion but, most importantly, it brings rigor and institutes discipline to an organization's energy management program."

- ENDS -

Notes to Editors

About BSI Management Systems
BSI Management Systems is one of the world’s largest certification bodies, with over 64,000 certified locations and clients in more than 120 countries. Operating through a global network, BSI Management Systems provides assessment, certification and training services in all critical areas of management disciplines including:

• Business Continuity
• Environment
• Food Safety
• Health & Safety
• Information Security
• Integrated Management
• Quality
• Social Accountability
• Sustainable Development
• IT Service Management.

BSI Management Systems is part of BSI Group, a global independent business services organization that inspires confidence and delivers assurance to customers with standards-based solutions. Originating as the world’s first national standards body, the Group has over 2,300 staff operating in over 120 countries through more than 50 global offices. The Group’s key offerings are:

• The development and sale of private, national and international standards and supporting information
• Second and third-party management systems assessment and certification
• Product testing and certification of services and products
• Performance management software solutions
• Training services in support of standards implementation and business best practice.