header

Quality

Quality Management

For our customers and for DQS, quality is the key to sustainable business success. 

Environmental Responsibility

Environmental Responibility

Only systematic environmental protection can create a balance.

Automotive 

Automotive  

Manufacturers, OEM suppliers, IATF, VDA – if this is your industry, we have the certification services you need.

Food & Hygiene

food feed hygiene

Food and Hygiene safety systems provide a first-line defense for consumer safety.

Workplace Safety

Workplace Safety

Taking good care of your employees is one of the essential goals. 

IT and Service Management

IT and Service Management

 Find out what DQS has to offer for your business.

Social Responsibility

Social Responsibility

Securing basic human rights benefits your business, if you know which standards to apply. 

Medical Devices

Medical Devices

DQS offers a variety of services in the field of medical devices approval. 

Animal Feed

Animal Feed

Because safety and quality of animal feed is the first stage for consumer safety.

Aerospace

Aerospace

If your value stream needs wings to fly, a certification to the 9100 series by DQS will get it in the air. 

Risk Management

Risk Management

Risk is the effect of uncertainty on the achievement of objectives. 

Career

ASSOCIATE PROFESSIONAL MANAGEMENT SYSTEM AUDITORS

We are looking for associate professional management system auditors to join our team.

DQS Newsletter

Connect With US

joomla vector social icons

HOW THE EU WANTS TO FINANCE CLIMATE PROTECTION – THE EU GREEN BOND STANDARD

In the past weeks, many EU member states have committed themselves to becoming climate-neutral by 2050. In order to achieve this goal, massive investments in a more sustainable economy will be needed. In order to facilitate and stimulate investments in climate-friendly projects and assets, the European commission is currently developing a so-called Green Bond Standard.

December 12, 2015 was the day the Paris agreement was published. Its central aim is to strengthen the global response to the threat of climate change by keeping a global temperature rise this century well below 2 degrees Celsius above pre-industrial levels and to pursue efforts to limit the temperature increase even further to 1.5 degrees Celsius. For the EU, this implies a 40% cut in greenhouse gas emissions until 2030, with an investment gap estimated at 180 billion EUR per year (source: European Commission) – a sum that cannot be raised overnight.

FINANCING SUSTAINABILITY GOALS
Rather than to use public funds to fill this gap, the EU aims to motivate investors to re-orient financial flows towards low-carbon and climate resilient developments. This is one of the main goals of the EU Action Plan on Sustainable Finance, published in March 2018.

One of the priority actions for the commission is to “develop official European sustainable finance standards, starting with green bonds”. To achieve this goal, the Commission has put together a Technical Expert Group (TEG), which had to create a report on an EU green bond standard (EU GBS).

EU GREEN BOND STANDARD: THE REPORT OF THE TECHNICAL EXPERTS
Three months after publishing an interim report, the TEG published its final report in June 2019. The report proposes the content of an EU Green Bond Standard, explains its purpose and sets its ambition level. It also explains how the TEG believes the creation of the proposed EU GBS will address the barriers hindering the green bond market’s further development and will support its role in channelling substantial financial flows into green projects. In addition, the interim report elaborates on possible incentives, based on the EU GBS, to enhance the growth of green bond issuance and the links with other sustainable financing instruments in a wider context. The EU GBS is proposed as a voluntary standard building on existing market practices and designed to be compatible with them.

THE EU TAXONOMY
As indicated above, the ambition of the EU is to guide investors towards green projects. But what counts as green? This is where the EU Taxonomy comes into play: together with the report, the experts published the Taxonomy Technical Report, a classification to determine how sustainable projects are. In essence, the proposed taxonomy is a list of economic activities that contribute to climate change mitigation and adaptation, such as low-carbon transport, generation of renewable energy, manufacture of biofuels, etc.

VERIFICATION BY EXTERNAL PARTIES
In order to ensure the credibility of the Green Bond Standard, third-party verification of bonds will be mandatory. To this end, an accreditation regime for verification bodies will be created. As an experienced verification body, we are following the development closely and will seek accreditation as soon as possible.

HOW DOES THE EU GREEN BOND STANDARD COMPARE TO THE CLIMATE BOND INITIATIVE?
The EU taxonomy will be developed in harmony with the categories of the Climate Bonds Initiative. This means that bonds that are certified by the Climate Bonds Initiative won’t have problems to receive the approval of the European Initiative. The Climate Bonds Certification offers issuers the chance to prove that their bonds are sustainable without having to wait for the European Standard. A double certification with EU GBS and the Climate Bonds Certification is possible.

NEXT STEPS
The report of the working group makes recommendations to the EU Commission. It is expected that these recommendations will lead to the approval and introduction of a Green Bond Standard in the EU. Sign up for our newsletter to receive information on the latest developments.

WHAT DQS CAN DO FOR YOU
DQS is your partner for verification of green bonds. With qualified assessors around the globe, we help bond issuers gain the trust of potential investors.

Source: DQS CFS website (https://dqs-cfs.com/2019/06/how-the-eu-wants-to-finance-climate-protection-the-eu-green-bond-standard/).

For more information, please send email to This email address is being protected from spambots. You need JavaScript enabled to view it.

Share this post

Submit to DeliciousSubmit to DiggSubmit to FacebookSubmit to Google PlusSubmit to StumbleuponSubmit to TechnoratiSubmit to TwitterSubmit to LinkedIn

DQS Certification NEWS

A quarter of a century for DQS: 25th anniversary of the Managing Directors

A quarter of a century for DQS: 25th anniversary of the Managing Directors Both Managing Directors of DQS Holding have served DQS and Quality for 25 years Stefan Heinloth, trained engineer and MBA, served in various management tasks as an officer in the German military and project tasks in the aviation industry. In 1994 the founder of DQS, Joachim Pärsch, hired Stefan Heinloth as a quality manager on May 1st, 1994 and initially sent him to DGQ for an in-depth auditor training, In O

05-09-2019
- by dqsindonesia
Read more »
IFS PACSECURE VERSION 2 – CHANGES UNDERWAY

IFS PACSECURE VERSION 2 – CHANGES UNDERWAY The IFS PACsecure standard is currently under revision. In the following, we will provide you with all the important information about the timetable and possible changes. After the meeting of an Expert Review Group in March 2019, followed by an open consultation in April, the Review Group will now analyse the survey results, expert feedback, GFSI documents, market developments and the latest changes in the IFS Food Standard. This will result in a fi

05-09-2019
- by dqsindonesia
Read more »
THE ELIMINATION OF VIOLENCE AND HARASSMENT IN THE WORLD OF WORK? ILO-CONVENTION PUBLISHED

THE ELIMINATION OF VIOLENCE AND HARASSMENT IN THE WORLD OF WORK? ILO-CONVENTION PUBLISHED This year, the International Labour Conference celebrates its 100th anniversary. Rather than reminisce about the past, ILO is focused on present and future challenges. In June 2019, ILO adopted a new convention, which aims to combat violence and harassment in the workplace. In the following, we will provide you with a summary of the content and explain why the implementation will be a challenge. Even t

05-09-2019
- by dqsindonesia
Read more »
NEW AREA OF APPLICATION FOR REDCERT²: BIOMASS IN THE CHEMICAL INDUSTRY

NEW AREA OF APPLICATION FOR REDCERT²: BIOMASS IN THE CHEMICAL INDUSTRY The REDcert² certification scheme for sustainable biomass has expanded its scope: the scheme is now also applicable to a new, highly complex sector – the chemical industry. The certification system REDcert² ensures that the European sustainability requirements for the use of biomass for energy and material purposes are met at all levels of the production process. Currently, the certification is mainly used by the biofuel,

05-09-2019
- by dqsindonesia
Read more »
IFS BROKER VERSION 3: HERE’S WHAT CHANGES

IFS BROKER VERSION 3: HERE’S WHAT CHANGES In June 2019, IFS released Version 3 of the IFS Broker Standard. The new version reflects the changing expectations of the market with regard to product safety. Certified sites need to be aware of a number of new requirements, particularly in relation to food fraud mitigation and risk assessments. In this article, we provide an overview of the main changes as well as the transition process. While most of the standard has remain unchanged, there are t

05-09-2019
- by dqsindonesia
Read more »

PT. DQS CERTIFICATION INDONESIA

Tel: (62-21) 30490228

The CEO Building Level 12 Jl. TB Simatupang No.18 C, Cilandak Barat, Jakarta Selatan

Email: info@dqsindonesia.com

Tel: (62-21) 22780821 (62-21) 22780823 (62-21) 22780343

JL. Margasatwa 4, Unit A. Cilandak Timur, Pasar Minggu, Jakarta Selatan 12560 Indonesia

2019 © PT. DQS Certification Indonesia All rights reserved.