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