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New division aims to have a global impact on the sustainability agenda.

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Bjorn K. Haugland, chief operating officer for DNV’s Sustainability and Innovation division

DNV, the international leader in services for managing risk, has formed a new division called DNV Sustainability and Innovation. The new division has been set up to steer DNV towards green service growth and sustainability services.

“Our decision to establish the new division shows our strong commitment in the area of sustainability,” says Dr Henrik O. Madsen, chief executive officer at DNV. “We are continuously striving to show that in an increasingly challenging world, DNV’s competence and expertise instils trust and confidence and that we can help companies achieve sustainable economic, safe and environmental performance.”

He continues, “DNV has a proven ability to provide independent support to organisations operating in risk sensitive and specialised environments such as maritime, oil and gas. With the new division, we aim to extend our ability by further developing our climate change and sustainability services for industries and sectors where DNV is not yet seen as a global player.”

The new division currently employs over 400 technical and operations specialists and experts working around the globe. Chief operating officer for the new division Bjorn K. Haugland expects the division to expand significantly over the next few years in response to changing markets and customer needs.

Global focus
“Division Sustainability & Innovation has a global mandate, currently operating out of 17 countries. Our aim is to build on our reputation as a trusted services provider enabling business and society to manage the new risk reality,” comments Mr Haugland.

“We aim to be innovative, business-oriented and build up new service platforms within the sustainability domain,” he explains. “We have high growth ambitions and expect to achieve 1.3bill NOK in revenues by 2014. To achieve this, we will expand our climate change, healthcare & biorisk services, and our risk management & corporate responsibility services. We will also leverage on the rising global demand for innovation by further developing DNV’s strategic research unit and the DNV Sustainability Centre in China.”

Recognising the need for collaborative business models, DNV works closely with industry groups, public authorities, universities, the EU Commission and sustainability organisations such as the World Business Council for Sustainable Development and the UN Global Compact.

“We firmly believe that our collaborative model is the best way forward to address the most pressing challenges facing global society,” says Mr Haugland and continues, “The slowdown in the world economy, uncertainty about how to meet an increasing demand for energy, and the urgency of dealing with changes in our climate. These are all issues that call for our combined ability to find new and sustainable solutions.”

Referring to a recent study, Mr Haugland says seventy percent of firms with revenue of $1 billion or more say they plan to increase spending on climate change initiatives in the next two years. “Despite regulatory uncertainty companies are taking action because it makes business sense. A business’s long-term competitiveness will increasingly depend on how it embraces societal challenges.

“As an independent foundation with a strong technology base and risk management as our core area of expertise, we fill a unique role in creating trust and confidence among stakeholders worldwide. We have over the past 13 years developed a range of climate change-related services that assist companies, organisations and governments in their efforts to fight, mitigate and adapt to this critical, global issue. We have established an industry position in this field, and believe that our services will become even more important in the future as companies push to become climate neutral or even aim to be climate positive,” adds Mr Haugland.

Author: Stuart D. Brewer

Date: 24 August 2010

DNV in brief

DNV is a global provider of services for managing risk, with safeguarding life, property and the environment as its purpose. Organised as an independent, autonomous foundation, DNV balances the needs of business and society, based on its independence and integrity. With its vision of creating a global impact for a safe and sustainable future for its customers and, ultimately society at large, DNV serves a range of high-risk industries, with a special focus on the maritime and energy sectors.

Established in 1864, the company has a global presence with a network of 300 offices in 100 countries, and is headquartered in Oslo, Norway. Its prime assets are the knowledge and expertise of its 9,000 employees from more than 80 nations.

Recognised as a highly respected third party providing trust and confidence for its customers’ stakeholders, DNV has been authorized by governments and national authorities to provide services in countries worldwide.

With ambitions to have a ‘global impact’ on the sustainability agenda, DNV is also focusing on the development of green, sustainability-related services for its clients. The newly established Sustainability and Innovation division will build new growth platforms outside the energy and maritime industry and act as a growth engine for DNV.

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