Asuene partners with KDDI for CO2 emissions visualization & reduction
Asuene is a leading Climate Tech company in Japan with the mission of ”Making a better world for next generations”. Asuene provides “Asuzero”, a cloud-based climate platform for measuring, reporting and reducing carbon emissions. They also offer “ESG Cloud Rating (EC R),” an ESG evaluation service for sustainable supply chain procurement, supporting net-zero and ESG management.
Asuene and telecommunications giant KDDI have announced a strategic business alliance between their Singapore subsidiaries to empower KDDI Asia Pacific customers to efficiently visualize and curtail their CO2 emissions through the cloud-based climate platform “Asuzero” and comprehensive decarbonization solutions.
The partnership between “Asuzero” and KDDI comes at a time of increasing interest and demand for carbon reduction initiatives among companies in Southeast Asia and other APAC nations. By combining KDDI’s advanced IoT solution, enabling the monitoring of electricity usage and corporate activities, with Asuzero’s comprehensive decarbonization solutions, businesses will be empowered to achieve their net-zero emissions goals.
Asuene will offer its Asuzero cloud service, facilitating CO2 emissions tracking, reduction, and reporting. Additionally, the company will provide SX consulting services to support sustainable business transformation.
KDDI Asia Pacific will contribute by connecting businesses with these services and offering t heir cutting-edge electricity visualization IoT solution.
Background
“Asuzero” provides a cloud service that allows companies and municipalities to visualize, reduce, and report CO2 emissions throughout their supply chains, in alignment with the GHG Protocol’s Scopes 1–3. By combining this offering with SX consulting services, KDDI Asia Pacific extends comprehensive one-stop solutions for decarbonization. In July 2023, the Singapore government released a draft regulation requiring all companies listed on the Singapore Exchange (SGX), as well as major unlisted companies, to disclose information related to climate change.
As the global push for decarbonization gains momentum, companies face mounting pressure to disclose climate-related financial data and take action to visualize and reduce greenhouse gas (GHG) emissions. In Japan, Environmental, Social, and Governance (ESG) efforts are gaining traction, with the impending requirement for all publicly traded companies to disclose su stainability information in their annual securities reports starting from FY2023, alongside data on human capital and diversity.
Meanwhile, Singapore has adopted the “Green Plan 2030” environmental action plan, outlining goals for CO2 emission reduction and the promotion of green finance. In line with this, Singapore will incrementally increase carbon tax from 2022, and the Singapore Stock Exchange (SGX) will mandate climate change-related disclosures based on the Task Force on Climate-related Financial Disclosures (TCFD) from 2023.
Through this strategic alliance, Asuene aims to extend its support for the visualization and reduction of CO2 emissions and promote net-zero management for companies across the Asia-Pacific region.
In other news from Singapore, Asuzero has officially been registered on ESGpedia, a leading platform for ESG data and solutions by STACS.
ESGpedia serves as a comprehensive registry, catering to the needs of financial institutions, corporates, and SMEs, facilitating their journey towards Net Zero and decarbonization financing across various sectors in Asia. Notably, STACS’s cutting-edge technology powers the Monetary Authority of Singapore (MAS) Greenprint ESG Registry.
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