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DNV Expands Its Sustainability Consultancy with the Acquisition of Two Tomorrows Group.

LONDON -- DNV, the international risk management company, has acquired leading sustainability agency, Two Tomorrows Group, further expanding its sustainability consulting service capability across the globe.

Mark Line, Executive Chairman, Two Tomorrows Group (Photo: Business Wire)

Bjorn K. Haugland, DNV Group Chief Technology & Sustainability Officer says, "This acquisition brings together two organisations that have been supporting sustainability as it has evolved over the last 30 years. Our vision of building a safe and sustainable future means we are delighted to invest in the expansion of Two Tomorrows and provide a unique power to build trust with environmental, social and governance management."

The announcement comes shortly after DNV announced the acquisition of 74.3% of the shares of the Dutch energy knowledge company, KEMA, to jointly create the world-leading energy consulting, testing and certification company DNV KEMA Energy & Sustainability.

Mr Haugland continues, "By joining forces with Two Tomorrows, we aim to become the trusted, independent experts in sustainability to global business and governments. I am proud that this experienced team has joined DNV and I believe our unique blend of world class risk and sustainability skills and knowledge will be unrivalled."

Two Tomorrows executive chairman Mark Line, says, "Given our pioneering role in shaping the thinking around sustainability and corporate responsibility, becoming part of the DNV family provides us with a great opportunity to grow our business. It is a strategic fit, as we both share the same values and global commitment.

"We will continue to support companies and governments as they strive to meet not only the increasingly complex challenges, but also the growing sustainability expectations of the future. We are all aware of the continuing corporate scandals that undermine many claims about sustainable business practice. Working with our new colleagues in DNV, we will not shy away from telling the truth and advising our clients to do the right things in the right way."

Two Tomorrows was established in 2009, following the merger of csrnetwork and SD3. With regional offices in London, Seoul and San Francisco, the agency has supported clients with the full range of sustainability and corporate responsibility issues, managing risks and creating value. Its services include strategy, training, reporting and assurance, with world-leading expertise in issues as diverse as sustainable sourcing, producer responsibility, carbon strategy, water management, biodiversity, human rights as well as bribery and corruption. The company has established a strong track record in a number of key industry sectors. Clients include Airbus, Bacardi, BP, Cooperative Group, Cathay Pacific, Chevrolet, EDF Energy, Guardian Media Group, HP, Hyundai, Kimberly Clark and Samsung.

DNV will now look carefully at the two companies' strengths to see how to expand operations in Europe, US and Asia. The Two Tomorrows Group will become part of DNV KEMA Energy & Sustainability, one of the three companies within the DNV Group.

Ends

Notes to editors

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 technology, 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. DNV KEMA Energy and Sustainability is one of three companies in the DNV Group, alongside DNV Maritime and Oil & Gas and DNV Business Assurance.

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 more than 10,000 employees.

www.dnv.com

Two Tomorrows is an international corporate sustainability agency, delivering deep insight, strategic advice and pragmatic support to major companies, enabling them to create long-term value by doing business sustainably.

Two Tomorrows helps clients with the full range of sustainability issues helping them manage the risks and seize the opportunities to create value. They have world-leading expertise and many years of hard-won experience in issues as diverse as responsible sourcing, producer responsibility, carbon strategy, water management, biodiversity, human rights as well as bribery and corruption.

Two Tomorrows consists of recognized thought leaders and highly experienced consultants who between them have world-leading expertise in strategy, benchmarking, stakeholder engagement, responsible sourcing, training, report development, assurance, auditing and international development -all within environmental, social and governance issues.

www.twotomorrows.com
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Publication:Business Wire
Geographic Code:4EUUK
Date:May 8, 2012
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