LRQA, the world’s leading provider of professional assurance services, broadened its verification collaboration with CDP, including deepening their working relationship globally and an increased focus on providing best practice resources for companies.
CDP is an international, not-for-profit organization providing the only global system for companies and cities to measure, manage and disclose vital environmental information. It holds the largest collection globally of self-reported climate change, water and forest-risk data, and currently works with more than 827 institutional investors holding in excess of US$100 trillion in assets.
Alan To, LRQA Vice President – Strategic Marketing Global Sustainability, Transportation & Health, said, “Independent verification is fast becoming an integral part of global corporate carbon reporting, and LRQA’s independent sustainability and climate data verification services lend support to CDP’s aim of putting relevant climate information at the heart of business, policy and investment decisions. LRQA’s work in the verification arena is today synonymous with our strategic alliance with CDP, and we look forward to building on the good progress we have made as long-term verification collaborators.”
Paul Simpson, CDP’s CEO said, “For companies reporting through CDP, the value of independent, third-party verification lies not only in the trust that stakeholders can then place in that data, but also in the improvement opportunities that this process can highlight. We’re pleased to be strengthening our relationship with LRQA, and look forward to continuing our work together to drive third-party verification of environmental data.”
Both organizations were represented at the 21st Conference of the Parties (COP 21) in Paris last year, where LRQA addressed the conference on the importance of food safety resilience during one of the keynote sessions, and CDP and its collaborators in the We Mean Business coalition pushed for more ambitious environmental legislations. For the first time in over 20 years of UN negotiations, the COP 21 event saw a new international agreement on climate change to keep global warming below 2°C.
LRQA is one of the founding members of the CDP verification program, and is represented on CDP’s verification working group, which works to further develop CDP’s approach to the verification of climate change data and support disclosing companies.