Carbon Trust Forms Ties With China, Korea Firms on Standards

Carbon Trust, which advises U.K. and U.S. businesses on cutting emissions, has formed alliances with companies in China and South Korea to expand greenhouse-gas auditing and certification services.

London-based Carbon Trust signed affiliate agreements with CTI International Certification Co. in Shenzen, China, and the Korea Productivity Center, according to an e-mailed statement. They are the first accords for the trust.

“There has been a political and commercial shift in attitudes towards carbon reduction in Asia,” Tom Delay, chief executive officer of Carbon Trust, said in the statement. “Businesses are recognizing that to maintain a strong export position they will need to prove that they are taking action to reduce carbon emissions.”

Carbon Trust, based in London and part-funded by the U.K. government, already certifies televisions produced by Seoul- based LG Electronics Inc. and imported to Europe.

To contact the reporter on this story: Mathew Carr in London at m.carr@bloomberg.net

To contact the editor responsible for this story: Raj Rajendran at rrajendran4@bloomberg.net

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