Vigeo Eiris approved as Climate Bonds Standards Verifier
Vigeo Eiris, an international CSR & EG assessment firm, has been approved as a Climate Bonds Standards Verifier by the Climate Bonds Standards Board, which is part of the not for profit Climate Bonds Initiative.
The approval means Vigeo Eiris will be able to perform independent assessment of assets and projects to determine if they comply with the Climate Bonds Standards, which include a certification process.
Michael Notat, head of Vigeo Eiris Global Markets, said:”Climate Bonds Initiative’s work and reputation are references for the development of sustainable and responsible bonds. As an active actor in this field who has assisted the issuers of green bonds since 2012, it was important for Vigeo Eiris to be part of this initiative”
Sean Kidney, CEO Climate Bonds, added: “Vigeo Eiris has been an important pioneer in developing the green bonds market. Their joining as an approved verifier is a significant moment for the Standards program. Their global research and experience will add rigour and credibility to the verification process, giving issuers and investors additional confidence in the assurance programme around Climate Bonds Standards.”
The Climate Bonds Initiative is intended to promote large scale investment in the low carbon economy.