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CSA Group Announces Strong 2012-13 Results and Global Growth

CSA Group
2013-06-25 17:40 1244

HONG KONG, June 25 2013 /PRNewswire/ -- Global expansion, sustainability solutions, and innovation were the hallmarks of a strong 2012-13 fiscal year for CSA Group, a leading standards development organization and a global provider of product testing and certification services. The organization gathered in Calgary this week for its annual conference and today announced its 2012-13 results.

"At CSA Group, our vision is a better, safer, more sustainable world where standards work for people and business," said Ash Sahi, President and CEO of CSA Group. "We're pleased to report that in 2012-13, we were able to deliver solutions for customers around the world who want access to markets for their products, members who expect value from their association, and regulators and consumers who need credible proof of safer and sustainable products and practices."

Revenues during this fiscal year totalled US$256 million, an increase of eight percent over the previous year. Achievements included the opening of six new laboratories around the globe, the hiring of new talent worldwide, solidifying of a single global brand, and investment in critical service initiatives to strengthen the organization's competitiveness.

"The past year's achievements are due to the support and contribution of outstanding individuals, including our employees, valued customers, dedicated members, and Board of Directors," added Mr. Sahi.

Highlights of 2012-13

Throughout 2012-13, CSA Group was focused on initiatives that would enhance safety, social good and sustainability globally. These included:

  • New and expanded labs worldwide, including a new laboratory in Strasskirchen, Germany; a new wire and cable lab in Guangzhou; photovoltaic lab in Kunshan and additional U.S. Energy Star services in Asia; expanded service offerings in Cleveland; and, the acquisition of Orb Optronix to enhance LED service.
  • Solutions that drive sustainability, including work on new standards that will help manage the effects of climate change on Northern infrastructure as well as solutions that will help bring about greater transparency and credibility in environmental claims.
  • Standards that break new ground, including a voluntary national standard on psychological health and safety in the workplace.
  • Increased role and influence in consumer product safety, including official support to the Federal Government of Canada's introduction of the new Combating Counterfeit Products Act, which proposes changes to the Trade-marks Act and the Copyright Act to prohibit the import and export of counterfeit trademark goods.
  • An innovative new Web-based platform for engaging with members. The online Communities of Interest allow for an unprecedented level of collaboration and communication among members, stakeholders and other standards users.
  • Commitment to social responsibility through donations to Habitat for Humanity, the United Way, the Salvation Army, Dragon Boat teams, breast cancer research and others. Through corporate asset redeployment, CSA Group reduced its impact on landfills and found deserving homes for used equipment and furniture.

About CSA Group

CSA Group is an independent, not-for-profit membership association dedicated to safety, social good and sustainability. Its knowledge and expertise encompass standards development; training and advisory solutions; global testing and certification services across key business areas including hazardous locations and industrial, plumbing and construction, medical, safety and technology, appliances and gas, alternative energy, lighting and sustainability; as well as consumer product evaluation services. The CSA certification mark appears on billions of products worldwide. For more information about CSA Group visit www.csagroup.org  

Contact:

Phyllis Fong Crystal Liu
CSA Group Hill and Knowlton Strategies
+852-2992-7552 +852-2894-6268
Phyllis.fong@csagroup.org  Crystal.liu@hkstrategies.com 
Source: CSA Group
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