Bureau Veritas Stock

Bureau Veritas SA provides testing, inspection and certification worldwide.

The company has developed recognized expertise for helping its clients to comply with standards and/or regulations on quality, health and safety, security, the environment and social responsibility.

The company specializes in inspecting, testing, auditing and certifying the products, assets and management systems of its clients in relation to regulatory or self-imposed standards, and subsequently issues compliance reports. The company has a global network of more than 1,500 offices and laboratories in almost 140 countries.

Segments

The company operates through six businesses: Marine & Offshore, Agri-Food & Commodities, Industry, Buildings & Infrastructure, Certification, and Consumer Products.

Marine & Offshore

As a classification society, this segment assesses vessels and offshore facilities for conformity with standards that mainly concern structural soundness and the reliability of on-board machinery. The company also provides vessel certification on behalf of flag administrations.

Agri-Food & Commodities

This segment provides its clients with a comprehensive range of inspection, laboratory testing and certification services for all types of commodities, including oil and petrochemicals, metals and minerals, food and agri-commodities. The company provides assistance to government authorities, implementing programs to maximize revenues and check that imported products meet specified standards.

Industry

This segment checks the integrity of industrial assets and their conformity with regulations. Services include conformity assessment, production monitoring, asset integrity management and equipment certification. The company also checks the integrity of industrial equipment and products through services, such as non-destructive testing and materials analysis. Lastly, the company provides the automotive sector with a range of services, including technical controls, vehicle insurance damage inspections and logistics management.

Buildings & Infrastructure

This segment covers every stage in the buildings and infrastructure lifecycle, including capital expenditure (Capex) and operating expenditure (Opex) services.

In-Service Inspection and Verification (Opex Services): The company conducts recurrent inspections to assess in-service equipment (electrical installations, fire safety systems, elevators, lifting equipment and machinery) for compliance with applicable health and safety regulations or client-specific requirements.

Construction (mainly Capex Services): The company helps its clients manage all QHSE (quality, health, safety, environmental protection and social responsibility) aspects of their construction projects, from design to completion. Missions involve assessing construction projects for compliance with technical standards, technical assistance, monitoring safety management during construction and providing asset management services.

Certification

As a certification body, this segment certifies that the QHSE management systems utilized by clients comply with international standards (usually International Organization for Standardization), or national, segment or large company-specific standards.

Consumer Products

This segment works with retailers and manufacturers of consumer products to assess their products and manufacturing processes for compliance with regulatory, quality and performance requirements. The company tests products, inspects merchandise, assesses factories and conducts audits of the entire supply chain.

History

Bureau Veritas SA was founded in 1828.