SINGAPORE – Media OutReach Newswire – 4 December 2023 – Representing Singapore on the COP28 stage in Dubai today, Evercomm was awarded the COP28 UAE TechSprint award presented by the UAE central bank governor. Evercomm Singapore won for best technology solutions that are easy to implement in real-world scenarios to address the challenge of scaling up climate action through innovative technology solutions in sustainable finance within the category IoT and Sensor Technologies. Today, the winners will present their business case solutions at the COP28 Blue Zone Digital Innovation pavilion.
Evercomm’s award-winning technology, built on the Internet of Things (IoT) and sensor technologies, provides a platform for collecting, integrating, and comparing data from various sources. The software helps companies track and disclose greenhouse gas emissions correctly and verifiably. Clients can upload evidence on the platform, which makes third-party assurance audits more cost-effective and faster than traditional carbon audits. The platform’s calculation methodology is based on the Greenhouse Gas Protocol.
Its proprietary software adheres to rigorous standards, surpassing many in-house methodologies. Evercomm also partners with industry leaders such as Mitsubishi Electric to scale their industrial deployment across Asia-Pacific to measure, track, and reduce their carbon footprint and identify greenhouse gas emission hotspots.
Chen Chiu-Hao (Ted), CEO of Evercomm, emphasises the alignment of its technology with MAS’s recent launch of the Singapore-Asia Taxonomy initiative. “Singapore’s long-term economic growth depends on innovation, with solutions scalable to international markets. Our technology answers the challenge for more credible transition and emissions where it is most needed today – for sectors struggling to reduce emissions due to technological constraints.
Under Project NovA!, a collaboration with the Monetary Authority of Singapore (MAS), Evercomm is refining AI-based applications for specific industries to accelerate decarbonisation.
Because climate accountability stakes are higher than ever for industries, AI-driven authenticity, and the quality of net zero solution recommendations are essential to curtailing human involvement and potential biases in data collection and analysis.
“Most carbon accounting firms lack native digital verification; for this reason, our solutions can interfere with the validation engine of IoT sensors to verify the data quality at the source level, further strengthening data accuracy and speed”, explains Chen Chiu-Hao (Ted), CEO of Evercomm.
Demonstrated Environmental and Business Benefits:
Hashtag: #EvercommSingapore
The issuer is solely responsible for the content of this announcement.
Evercomm is a Singapore-based climate tech company supporting businesses to net zero. Its proprietary carbon accounting platform tracks, measures, and analyses CO2 emissions from industries such as water and waste performances, translating them into carbon emission values per ISO 14064-1 standards. All their data undergoes third-party verification, ensuring the integrity of its carbon accounting reports. Headquartered in Singapore, Evercomm collaborates with industry players, the private sector, the United Nations, and government agencies in Singapore.
LinkedIn:
JAKARTA, INDONESIA - Media OutReach Newswire - 22 November 2024 - VinFast Auto has officially…
SYDNEY, AUSTRALIA - Media OutReach Newswire - 22 November 2024 - The global cryptocurrency market…
HANOI, VIETNAM – Media OutReach Newswire - 22 November 2024 - By capitalizing on its…
HANGZHOU, CHINA - Media OutReach Newswire - 22 November 2024 - As the 2024 World…
BEIJING, CHINA - Media OutReach Newswire - 22 November 2024 - The 2024 Beijing Changping…
Tickets Now Available via Urbtix HONG KONG SAR - Media OutReach Newswire - 22 November…