Lloyds Register

Lloyd's Register Group Limited

Type	Company limited by shares. Sole shareholder is the Lloyd’s Register Foundation, a UK registered charity.
Industry	Maritime and shipping Energy Management systems Manufacturing inspection
Genre	Independent risk management organisation and classification society
Founded	1760; 257 years ago (1760)
Headquarters	71 Fenchurch Street, London, United Kingdom
Number of locations	Worldwide
Area served	Global
Key people	Thomas Thune Andersen (Chairman) Alastair Marsh (CEO) Nick Brown (Marine & Offshore Director) Alsadair Buchanan (Energy Director) John Rowley (Managing Director, Management Systems and Inspection Services)
Services	Classification Risk management Management systems certification
Revenue	£881 million
Owner	Independent
Number of employees	8,000
Parent	Lloyd's Register Foundation, UK registered charity
Subsidiaries	LRQA
Website	www.lr.org

Coordinates: 51°30′45″N 0°04′44″W / 51.51255°N 0.078804°W / 51.51255; -0.078804

Lloyd's Register Group Limited (LR) is a technical and business services organisation and a maritime classification society, wholly owned by the Lloyd’s Register Foundation, a UK charity dedicated to research and education in science and engineering. The organisation dates back to 1760. Its stated aims are to enhance the safety of life, property, and the environment, by helping its clients (including by validation, certification and accreditation) to ensure the quality construction and operation of critical infrastructure.

Historically, as Lloyd's Register of Shipping, it was a specifically maritime organisation. During the late 20th century, it diversified into other industries including oil and gas, process industries, nuclear, and rail. Through its 100% subsidiary Lloyd's Register Quality Assurance Ltd (LRQA), it is also a major vendor of independent assessment services, including management systems certification for quality certification to ISO9001, ISO14001 and OSHAS18001. Lloyd's Register is unaffiliated with Lloyd's of London.

In July 2012, the organisation converted from an industrial and provident society to a company limited by shares, named Lloyd’s Register Group Limited, with the new Lloyd’s Register Foundation as the sole shareholder. At the same time the organisation gifted to the Foundation a substantial bond and equity portfolio to assist it with its charitable purposes and it will benefit from continued funding from the group’s operating arm, Lloyd’s Register Group Limited.