DNV’s independent cloud platform, Veracity announces the launch of its new Solution Partner programme, where maritime solution providers integrate their applications and services with the platform.
Shipowners and managers can easily connect their verified emissions data from the platform with partnering software applications and services, such as EUA settlement and trading solutions.
Solution Partner programme
The Solution Partner programme is an expansion of the Veracity Integrated Partner programme, which already offers connectivity to nearly 50,000 vessels for automated emissions reporting by connecting maritime data providers to the Veracity platform and DNV’s verification services.
The first solution partners already connected include ABN Amro, Berenberg, Carlton Carbon, Hecla Emissions Management, INTERTANKO, Vanora, Timing Carbon, and zero44.
Real-time verified emissions data
Mikkel Skou, Executive Director at Veracity by DNV said, “I am glad to see the ecosystem around Veracity’s maritime emissions cloud grow at an increasing speed."
Mikkel Skou adds, "Last year, we partnered with leading maritime data providers, so that our common customers could get real-time verified emissions data through an automated and secure process. Now we expand the programme further, enabling customers to easily use verified data in their commercial settlements and with partner solutions.”
FuelEU Maritime
The need for real-time verified emissions data that can be efficiently used across several solutions
The need for real-time verified emissions data that can be efficiently used across several solutions and reporting mechanisms in the value chain is fast growing as the industry increases its decarbonisation efforts.
In January 2024, the EU ETS regulations came into effect for several shipping segments, and as of the 1st of January 2025, more segments will follow as FuelEU Maritime comes into play.
Poseidon Principles, Sea Cargo Charter
The increased regulatory requirements come in addition to already established industry initiatives, such as Poseidon Principles; a global framework from the financial sector for integrating climate considerations into maritime lending decisions, and Sea Cargo Charter; established to assess and disclose climate alignment of ship chartering activities worldwide.
"The implementation of EU ETS is a game-changer for the industry, setting new requirements on the quality and frequency of emissions data from vessels,” said Mikkel Skou.
Verify data efficiently
Mikkel Skou continues, “As the cost of emissions becomes part of the commercial contract, the data behind the numbers must be accurate and verifiable. To help companies in this transformation, we have built the Emissions Connect service from DNV."
He adds, "It uses the Veracity data platform and our partner network to efficiently connect operational vessel data with DNV’s verification services, and for further use in partnering software solutions. This way our customers can truly maximise the value of their verified data in an efficient manner.”
A secure digital space
The Veracity platform serves as a secure digital space where customers can make their own
Within the scope of the Veracity Solution Partner programme, the Veracity platform serves as a secure digital space where customers can make their own emissions data available from all partners that have signed up for the partner programme.
This data is not directly submitted to DNV but rather securely stored on the Veracity platform, underlining the autonomy of the customers in managing their data.
Digital transformation and decarbonisation efforts
Pål Lande, Digital Business Development Director, DNV Maritime said, “DNV's role is demarcated within this ecosystem."
He adds, "We provide assurance services with the professionalism and independence that stakeholders have come to expect from us, without any undue influence over the data before its submission for verification."
Seamless and secure exchange of data
Pål Lande continues, "The model further underscores our commitment to advancing digital transformation and decarbonisation efforts in the maritime industry, facilitating a seamless and secure exchange of data that supports our client's business needs while adhering to the highest standards of data integrity and impartiality."
The new Solution Partner programme by Veracity by DNV is a major step forward in making the use of verified emissions data easier and more efficient, solidifying the platform’s ambition to deliver trust and connectivity to industry digitalisation.