Press release from Business Wire India
Source: TÜV SÜD South Asia Pvt. Ltd.
Thursday, December 20, 2012 02:09 PM IST (08:39 AM GMT)
Editors: General: Consumer interest, Economy, Environment; Business: Advertising, PR & marketing, Business services, Chemicals, Energy companies, Major diversified industrial groups; Technology
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TÜV SÜD moves CDM Accreditation to India
Munich, Germany and Pune, Maharashtra, India, Thursday, December 20, 2012 -- (Business Wire India) -- In the future, TÜV SÜD will manage the validation and verification of CDM projects from India. In its 69th meeting, the Executive Board of the UNFCCC approved the relocation of the responsible entity from Munich to Pune. The DOE located at TÜV SÜD South Asia has already started operations.
"The relocation of the Designated Operational Entity (DOE) to India marks an important step which we are taking to cater to the significance of the newly industrialized countries (NICs) and the Asia Pacific Region for the Clean Development Mechanism", says Bratin Roy, Assistant Vice President of TÜV SÜD South Asia in Pune. The DOE is responsible for all CDM projects worldwide that are validated and verified by TÜV SÜD.
TÜV SÜD has been engaged in the area of climate change projects for over ten years and was amongst the first companies to be accredited as Designated Operational Entity (DOE) for the CDM and as Accredited Independent Entity (AIE) for Joint Implementation (JI) projects on behalf of the UNFCCC. While the CDM applies to climate-change projects in developing and newly industrialized countries, joint implementation projects are aimed at promoting climate-change measures in industrialized countries. TÜV SÜD was the first ever entity to be accredited for sectoral scopes 1 to 15 of the CDM.
In recent years, TÜV SÜD has massively expanded its international presence, in particular continuously strengthening its position in Asia Pacific. While the accreditation for Joint Implementation will remain at TÜV SÜD Industrie Service GmbH in Munich, the move of CDM accreditation to India represents a further step towards the strategic goals of the international group of companies.
"Although our CDM auditors will remain located at our subsidiaries in the individual regions, the responsibility for, and management of all CDM projects will move to TÜV SÜD South Asia in the future", explains Dr Boris Gehring, CEO of the Industry Service Division of TÜV SÜD AG. The relocation of the DOE is also of great symbolic importance: "It demonstrates that we do not see India, China and other Asian countries as an 'extended workbench', but as equal partners in our global networks."
At TÜV SÜD, over 80 members of staff are involved in the validation and verification of climate change projects, roughly 60 of whom deal with the realization of CDM projects. Since the start of activities, the auditors have processed more than 1,600 CDM verifications and validations. In 2011, TÜV SÜD employed 17,000-plus staff at more than 800 locations worldwide.
For further information about TÜV SÜD go to or www.tuev-sued.com or www.tuv-sud.in
i TÜV SÜD is an international leading technical service organization catering to the INDUSTRY, MOBILITY and CERTIFICATION Segment. The experts and technology consultants are dedicated partners in their clients' processes, offering comprehensive industry expertise throughout the entire value chain. They focus their services on their core competencies of consulting, testing, certification and training. Over 17,000 employees are committed to optimizing technology, systems and know-how at over 800 locations in Europe, the Americas, Asia Pacific and Africa. Further information is available at www.tuev-sued.de.
CONTACT DETAILS
Dr Thomas Oberst, Corporate Communications, TÜV SÜD AG , +49 (0) 89 / 57 91 - 23 72, thomas.oberst@tuev-sued.de
Shyamli Biswas, TÜV SÜD South Asia, +91 7738055071, shyamli.biswas@tuv-sud.in
Preeti Hoon, Edelman India, +91 9987037821, Preeti.Hoon@edelman.com
KEYWORDS
CONSUMER, ECONOMY, ENVIRONMENT, MARKETING, BUSINESS SERVICES, CHEMICALS, ENERGY, GROUPS, TECHNOLOGY
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