What must your company need to do in ISO 9001:2008?

Determine the processes and calibrate/verify the measuring equipment

It should be all of the above. Not only equipment but also tools to be calibrated that are used to verify conformity to products and services as per clause 7.1.5.2. It is even mentioned when no national or international standards exist for the calibration , then the same shall be documented and retained.

Identify the processes and calibrate the measuring equipment