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CLASSNK CONDUCTS GHG VERIFICATION FOR JAPANESE SHIPPING COMPANY

Friday, September 11, 2020 

ClassNK has conducted a third-party verification with "a reasonable level of assurance" for a greenhouse gas (GHG) assertion of IINO Kaiun Kaisha (IINO Lines) and group companies, and issued a verification statement.

As action against climate change has increased the importance as criteria for corporate evaluation, several companies are being encouraged to disclose their initiatives in line with ISO14064 standards for quantifying, monitoring, reporting and validating or verifying GHG inventories.

IINO Lines has prepared the GHG assertion, from 1 April 2018 to 31 March 2019, quantifying the emissions from its operating fleet and offices based on ISO14064-1, and ClassNK has conducted the verification according to ISO 14064-3.

ISO 14064-3 provides two levels of assurance, and the "reasonable assurance" applied in the verification means the society expresses the GHG assertion is materially correct and is a fair representation of the GHG data and information followed by detailed and comprehensive assessment.

ClassNK says it continues to offer its expertise rooted in the maritime industry in support of the reduction of GHG emission through independent and reliable third-party verification services.

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