Bureau Veritas partners with the Green Building Certification Institute (GBCI) & reinforces its presence in the green building certification market

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The Green Building Certification Institute, the certification body for the U.S. Green Building Council’s LEED green building program, and Bureau Veritas have signed a Memorandum of Understanding to facilitate the LEED program. LEED is the world’s foremost program for the certification of design, construction, maintenance and operations of green buildings.

As part of the agreement, Bureau Veritas shall perform certification review for LEED projects internationally on behalf of GBCI. The partnership furthers the GBCI’s commitment to a transparent, independent and professional certification process and shall leverage the global presence of Bureau Veritas.

The green building market is expected to grow by 780% reaching 5.3bn sqm of certified space worldwide by 2020. This massive trend is driven by growing expectations for improved performance of buildings worldwide and the health and well-being of building occupants. Buildings and infrastructure represent approximately 40% of global energy consumption and the green building movement has the potential to significantly reduce this environmental impact. Green buildings are quickly becoming the norm with massive growth expected in the world’s leading construction markets such as China, India and Brazil.

Studies have shown that LEED buildings offer occupants a better working environment leading to an increase in overall productivity. Other benefits include higher asset value, better energy performance and lower operating costs.

“Partnering with the GBCI and USGBC, places Bureau Veritas at the forefront of this growing market”, specifies Didier Michaud-Daniel, CEO Bureau Veritas. “Our teams are dedicated to helping our clients improve people’s daily lives the world over through the implementation of the LEED standard”.

“Entering into an agreement with Bureau Veritas will enable USGBC to provide consistent quality of service globally,” said Rick Fedrizzi, President, CEO & Founding Chair, USGBC. “Our new strategic partnership will enable both parties to address the expanding green building market with the high levels of quality the market demands.”

The Agreement was signed between the two parties on 24th July and will go into effect immediately with a global reach. The first buildings to be certified by Bureau Veritas within this partnership are due to be delivered later in 2015.

About Bureau Veritas:
Bureau Veritas is a world leader in conformity assessment and certification services. Created in 1828, the Group has 62,000 employees in around 1,330 offices and laboratories located in 140 countries. Bureau Veritas helps its clients to improve their performances by offering services and innovative solutions in order to ensure that their assets, products, infrastructure and processes meet standards and regulations in terms of quality, health and safety, environmental protection and social responsibility. Bureau Veritas is listed on Euronext Paris and belongs to the Next 20 index. Compartment A, code ISIN FR 0006174348, stock symbol: BVI. www.bureauveritas.com

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