Deloitte to provide Climate Bonds Standard verification services
Deloitte France and Deloitte Luxembourg have been confirmed as approved verifiers under the Climate Bonds Standard & Certification Scheme.
Both organisations will now be able to provide verification services on a worldwide basis for all sector criteria under the Climate Bonds Standard.
Approved verifiers play a vital role in the Climate Bonds Certification process; issuers contract approved verifiers to assess whether their bond meets the requirements of the Climate Bonds Standard.
Deloitte France has supported numerous responsible investment and ESG initiatives, including projects in Africa and France. It focuses on sustainable finance assurance and advisory services, including sustainable bonds and socially responsible funds assurance, advisory to financial institutions and has published several studies on climate change mitigation investment.
A member of various initiatives for RI and ESG, Deloitte Luxembourg has credentials in ISAE 3000 and responsible finance assurance, including key environmental performance indicators and external reviews of responsible investment policy procedures, with experience in various European markets and the US.
Sean Kidney (pictured), CEO, Climate Bonds Initiative, says: “Both these organisations add welcome depth and breadth to our growing pool of approved verifiers. They can support emerging green bond issuers across both the Eurozone and emerging markets, build confidence in the integrity the market and make a significant contribution to the rapid scaling of green finance.”