DNV COO Elisabeth Tørstad calls for more research & innovation to better serve the transition to a low-carbon economy.

“We must invest more in research and innovation in order to continuously improve the key renewable technologies. This will drive down life cycle costs and make renewable energy more competitive,” said Elisabeth Tørstad, Chief Operating Officer for DNV’s Division Americas and Sub-Saharan Africa.

Speaking during the UN Global Compact (UNGC) Corporate Sustainability Forum in Rio, Tørstad highlighted DNV’s voluntary commitment to the Rio+20 process to reinvest 6% of annual revenue into its research and innovation activities.

“Sharing technology knowledge is a key driver for success, and we will continue to be actively engaged in developing new technologies and methodologies in order to better serve the transitions to a low-carbon economy,” she pointed out.

Tags: DNV