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New Zealand-based company carboNZero Holdings has announced that its Certified Emissions Measurement And Reduction Scheme (CEMARS) has been approved by the world’s largest greenhouse gas (GHG) emissions reporting organisation, the Carbon Disclosure Project (CDP).

The company has become one of only 17 global standards which meet CDP verification criteria, joining a selected few throughout the world, according to a press release.

“carboNZero Holdings is committed to helping organisations worldwide measure, manage, reduce and offset their carbon footprints,” said carboNZero Holdings CEO, Graham Carter.

“Our CEMARS certification can now ensure global organisations that submit data through our verification process will be comparable among a distinct group of approved standards from the CDP.”

The independent and non-profit organisation Carbon Disclosure Project (CDP) requests that the world’s largest companies to report on their climate strategies, GHG emissions, and energy use.

Information submitted to the CDP is scored for benchmarking purposes and this includes points for gaining independent verification of GHG claims.

The information collected proves helpful to institutional investors keen on minimising corporate risk from future government legislation, possible future lawsuits, and consumer backlash against heavy GHG emitters.

“As CDP reports are becoming increasingly important for global corporations wishing to safeguard their reputations and create more sustainable business models, the CEMARS certification can provide reliable verification of their emissions claims and enable carbon footprint data to be presented with utmost credibility in the final CDP reports,” added carboNZero Holdings technical general manager, Ann Smith.