40 years of experience: Indufor extends expertise to new field: Green Bonds
Climate Bonds Standard Board has approved the Finnish consulting company Indufor as a Approved Verifier under the Climate Bonds Standard & Certification Scheme.
With more than 40 years of experience and recognised as one of the world’s leading consulting companies in forest industry, forest management and bio-solutions, Indufor offers a high quality intelligence and advisory service to their clients. Their experience extends to over 900 projects and studies worldwide.
As an Approved Verifier, Indufor will assess green bond projects' eligibility and compliance wit under the Climate Bonds Standard.
Verifiers play a vital role in the Climate Bonds Standards process. To issue a Certified Climate Bond, an issuer has to get the bond reviewed by an approved 3rd party verifier.
The verifier’s role is to ensure that the bond’s features and assets meet the Climate Bond Standard’s environmental and financial guidelines.
Who’s saying what?
Sean Kidney, CEO, Climate Bonds Initiative
“Indufor are now a new member of the wider group of Approved Verifiers who play a crucial part in the certification process. Their expertise adds another assurance choice in the market for both issuers and investors around the globe. Indufor’s extensive background and reputation in business consulting and resources makes a strong platform for green bond assessments.”
Silja Siitonen, Managing Director, Indufor Oy
“We are extremely proud to have received the Approved Verifier status by the Climate Bonds Initiative. Indufor is an independent, globally operating consulting company with close to 40 years of experience in the fields of Natural Resources Management, Investment Advisory and Strategic Industrial Development and today we are happy to start supporting our clients in one more field – as verifier of Green Bonds – towards a greener and more sustainable business and environment.”
The Last Word
The pool of Climate Bonds Standard verifiers keeps growing fast as investors looks for quality and best practice and green issuers (including the worlds biggestbanks) adopt Certification.
With Indufor we’re heading towards forty verifiers covering the globe and there's more to come!
Welcome on board Indufor.
Till next time
Climate Bonds
