BOSTON–(BUSINESS WIRE)–TÜV SÜD America Inc. today announced the acquisition of Ruby Canyon Environmental, Inc., and Ruby Canyon México S.A. de C.V., an independent Greenhouse Gas (GHG) accounting, reporting, and auditing company, located in Grand Junction, Colorado, and Mexico City, Mexico.
This acquisition will facilitate the growth of TÜV SÜD’s sustainability services under its Climate Action Certification (CAC) business and TÜV SÜD’s Green Energy & Sustainability strategy. The Americas Region is one of the largest energy markets in the world with an electricity consumption of 3.93 trillion kWh in the United States alone (US Energy Information Administration). Decarbonization of the energy sector has been defined as one of the most important challenges and priorities by the US government. In its Nationally Determined Contribution, the US has set a target of reducing emissions by 50%–52% below 2005 levels by 2030. With the acquisition of Ruby Canyon Environmental, TÜV SÜD will strengthen its position within the growing market of decarbonization and sustainability in the USA, Mexico, and South America.
“We are excited about the addition of Ruby Canyon to TÜV SÜD. This gives our customers throughout the Americas access to industry leading experts to assist them in verifying and validating their carbon footprint to recognized standards,” said John Tesoro, CEO of TÜV SÜD America. “This acquisition further demonstrates our commitment to inspire trust in the safety of sustainable technologies and boost the credibility of processes, products, and systems in the most transparent way,” he added.
Michael Coté, President and Founder of Ruby Canyon Environmental Inc., added, “We’re thrilled with the opportunity to join TÜV SÜD’s climate action and sustainability experts. With our combined expertise and TÜV SÜD’s international presence, we look forward to expanding GHG assurance services throughout the Americas and worldwide to meet our clients ever growing needs.”
Founded in 1866 as a steam boiler inspection association, the TÜV SÜD Group has evolved into a global enterprise. More than 25,000 employees work at over 1,000 locations in about 50 countries to continually improve technology, systems and expertise. They contribute significantly to making technical innovations such as Industry 4.0, autonomous driving and renewable energy safety and reliability. http://www.tuvsud.com/en-us