Le Lézard
Classified in: Environment
Subject: Merger/Acquisition

TÜV SÜD Further Expands Expertise in Climate Protection and Sustainability


TÜV SÜD announces the acquisition of US-based Forest Resource Solutions and Technologies, further expanding its expertise in the validation and verification of climate protection projects. Following a buy and build strategy, TÜV SÜD America had already acquired Ruby Canyon Environmental, a global leader in the field of GHG project and reporting assurance in 2022.

Forest Resource Solutions and Technologies (FRST Corp) is an industry leader and provides both traditional forestry services related to timberland management and wildfire mitigation as well as the validation and verification of forest carbon offset projects. In 2018, Andrea and Christian Eggleton founded the company with a passion for making a positive impact on forest health and our environment.

Ruby Canyon Environmental (RCE) and FRST have worked closely together since 2018 and the acquisition will further expand their capabilities to support clients. RCE has built a dedicated team of experts with extensive knowledge and experience in GHG reporting, methodologies, and programs around the world. The inclusion of Andrea, Christian, and the rest of the FRST team will continue to build upon RCE's and TÜV SÜD's legacy of providing high-quality services with excellence.

QUOTES:

"We support our customers in achieving their sustainability goals, reducing their CO2 emissions and offsetting unavoidable emissions. With the acquisitions of RCE in 2022 and of FRST now, we have been able to add valuable expertise and to expand our services, especially in the area of offset projects," said Dr. Fabian Schober; CEO of TÜV SÜD America.

"Over the last few years we have seen explosive growth in the forestry sector related to climate mitigation projects as well as wildfire mitigation. Having FRST join our team will increase our ability to support the market growth for the benefit of our clients. It has been a great pleasure working so closely with Andrea and Christian these past six years and I'm thrilled to welcome them to the TÜV SÜD and RCE family," said Zach Eyler, Vice President TÜV SÜD Americas ? Ruby Canyon.

"The potential for managed forests to mitigate climate change and provide sustainable alternatives to energy and carbon-intensive construction and consumer products is being recognized today more than ever. It is an exciting time to join RCE and TÜV SÜD America to expand our positive impact toward climate change mitigation and increase our capacity to meet the growing needs for professional forestry expertise in today's markets," says Andrea Eggleton, President and Co-founder of FRST. Comprehensive information on TÜV SÜD's sustainability services and on the validation and verification of climate protection projects can be found at https://www.tuvsud.com/sustainability

Founded in 1866 as a steam boiler inspection association, the TÜV SÜD Group has evolved into a global enterprise. More than 26,000 employees work at over 1.000 locations in about 50 countries to continually improve technology, systems, and expertise. They contribute significantly to making technical innovations such as Industry 4.0, autonomous driving, and renewable energy safe and reliable. tuvsud.com


These press releases may also interest you

17 mai 2024
The judge overseeing the Baby Food Products Liability multidistrict litigation (MDL 3101) appointed 19 lawyers on Thursday to lead the litigation for plaintiffs who allege toxic heavy metals in baby food caused children to develop autism spectrum...

17 mai 2024
Canfor Corporation announces, in accordance with Toronto Stock Exchange requirements, the voting results from its Annual General Meeting held Wednesday, May 01, 2024 in Vancouver, British Columbia. A total of 84,230,403 common shares were voted at...

17 mai 2024
Jackery, a global leader of innovative solar generators and green off-grid energy solutions, is proud to introduce its latest star product, the...

17 mai 2024
The 39th joint auction of greenhouse gas units originally scheduled for May 15, 2024, will be held by the Ministère de l'Environnement, de la Lutte contre les changements climatiques, de la Faune et des Parcs (MELCCFP) and the California Air...

17 mai 2024
The AZEK Company Inc. ("AZEK" or the "Company"), today announced that, as expected, on May 16, 2024 it received a notice (the "NYSE Notice") from the New York Stock Exchange (the "NYSE") that the Company is not in compliance with Section 802.01E of...

17 mai 2024
The Board of Directors of Xylem Inc. , has declared a second quarter dividend of $0.36 per share payable on June 27, 2024, to shareholders of record as of May 30, 2024. About Xylem Xylem (XYL) is a leading global water technology company...



News published on and distributed by: