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FOR IMMEDIATE RELEASE
September 22, 2008
CONTACTS: Greta Houlahan
NSF International
Phone: (+1) 734-913-5723
Email: houlahan@nsf.org
Patrick Racz
Trucost Plc
Phone: +44 (0)20 7321 3774
Email: Patrick.Racz@trucost.com
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NSF International & Trucost Form Global Strategic Partnership
Partnership to Provide New Environmental Services Worldwide
LONDON, UK and ANN ARBOR, MI USA – NSF International today announced a global partnership with Trucost Plc. The strategic partnership will provide new environmental measurement, management and reporting products and services by combining Trucost’s unique, patented methodology with NSF’s environmental certification, verification and auditing services.
NSF, a public health organization based in Ann Arbor, Michigan, has also today made a financial commitment to the global partnership by participating in Trucost’s latest round of financing.
Simon Thomas, CEO of Trucost said, “This is an exciting time for us. NSF’s partnership and investment validates Trucost’s rigorous and evidence-based approach. We are able to help companies address the business costs of their environmental impacts in a timely, cost-effective and comparable manner. The partnership with NSF will leverage the Trucost model as the key to how some of the world’s leading companies address their environmental performance.”
“The agreement expands the global reach of both our companies,” said Kevan P. Lawlor, President and CEO of NSF. “It will enable NSF to offer carbon traceability, environmental footprinting, supply chain analysis and global benchmarking to NSF’s customer base in over 100 countries.”
In addition to these services, NSF’s other “green” service offerings include:
For more information about the partnership or new service offerings, please contact Koen Bontinck, NSF Vice President of International Operations, at t + 32 2771 3654, bontinck@nsf.org or f + 32 2 763 0013. For more information on Trucost, please contact Patrick Racz, Head of Partnerships, Trucost Plc at +44 7917 404 473 or patrick.racz@trucost.com.
About Trucost Plc: Trucost Plc is a world-leading environmental research organisation, which helps companies and investors understand the environmental impacts of business activities (www.trucost.com). Trucost provides data and analysis on company emissions and natural resource usage in financial, as well as quantity terms to help investors, fund managers and analysts understand how environmental issues could affect companies' future earnings. Institutional investors use the information to assess the carbon or environmental footprints of their portfolios, to identify differences in performance, to address environmental risks and create structured products with lower carbon or environmental impacts. Trucost has offered expert advice and research to major corporations, institutional investors and to government departments and associated agencies since its launch in 2000.
About NSF International: NSF International, an independent, not-for-profit organisation, helps protect you by certifying products and writing standards for food, water and consumer goods (www.nsf.org). Founded in 1944, NSF is committed to protecting public health and safety worldwide. NSF is a World Health Organization Collaborating Centre for Food and Water Safety and Indoor Environment. Additional services include safety audits for the food and water industries, management systems registrations delivered through NSF International Strategic Registrations, organic certification provided by Quality Assurance International and education through the NSF Center for Public Health Education.
