ClassNK Verifies IINO LINES’ GHG Assertion

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ClassNK conducted the third-party verification with a reasonable level of assurance for IINO LINES’ GHG assertion, says a press release published on their website.

GHG assertions quantifying emission

Companies initiatives

As actions against climate change have increased the importance as criteria for corporate evaluation, not a few companies are encouraged to disclose their initiatives in line with ISO14064 standards for quantifying, monitoring, reporting and validating or verifying GHG inventories.

ClassNK verification

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 ISO 14064-1 and ClassNK has conducted the verification according to ISO 14064-3.

ISO 14064-1 : Specification with guidance at the organization level for quantification and reporting of greenhouse gas emissions and removals.

ISO 14064-3 : Specification with guidance for the validation and verification of greenhouse gas assertions.

Two levels of assurance

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.

Third party verification

ClassNK continues utilizing its expertise rooted in the maritime industry and supporting the reduction of GHG emission through its independent and reliable third-party verification service.

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Source: ClassNK