These award honours companies who have:
“Accelerating Southeast Asia’s energy transition towards carbon neutrality is ENGIE’s core focus and winning the Business as a Force for Good award is a recognition of the commitment from all our teams in the region to build a carbon free future. By integrating proven and innovative solutions, we are helping sectors such as Industry, Real-Estate and Data Centers, commit to a fast paced transformation journey to net zero,” said Thomas Baudlot, CEO Energy Solutions APAC and Country Head South East Asia.
To accelerate their decarbonisation efforts, the company has a dedicated corporate venture arm called ENGIE Factory (formed since 2018) which focuses on building new climate-tech startup solutions. ENGIE Factory works with founders to deliver investment-grade venture opportunities. They build their ventures by combining the best of both worlds: the entrepreneurial skillset and the established corporate assets. This results in commercialised climate-tech solutions that are customer-focused, affordable, and market-ready.
“As a corporate venture builder, ENGIE Factory takes a strategic approach to building and investing in new founders and ventures to accelerate the transition to a carbon-neutral economy. The promise of a financial return alone is not enough for us to invest in a startup. We balance the requirement for financial gain with strategic benefit for the wider ENGIE group and, most importantly, the benefit for the planet and society by targeting 100Mt of carbon abatement per venture, ” said Edwin Cheang, COO, ENGIE Factory.
ENGIE Factory plans to scale their Venture Build Program across Asia Pacific and the Middle East where they work with their founders to iterate, prototype and test ideas and together, build a startup fit for international growth. Founders will have access to ENGIE’s domain expertise, and ENGIE business units, as well as their client network across 70 countries. Their founders who successfully complete the program will also receive seed funding while retaining majority equity and the freedom to set the business direction and see their venture vision come to life.
Full article here: https://blogs.insead.edu/singapore-iaa/corporate-winner-announced-for-2022-bafg-awards/
SustainX is a SaaS platform designed to help financial institutions lower the cost of deploying sustainability-linked loans for the SME segment in ASEAN markets. The solution aims to address challenges for both FIs and SMEs by acting as the largest behind-the-scenes facilitator of Medium Enterprise decarbonisation projects.
EnShare works with REITs and multiple building owners in Australia to optimize rooftop solar and storage installation, as well as aggregate capacity for participation in Australian energy market. Building owners are able to meet ESG targets and receive revenue share
from energy sale to tenants, who in turn access green energy at up to 25% lower tariffs.
EVDots was a startup originally under ENGIE Factory that has now become part of a ComfortDelgro Engie JV that is dedicated to the roll out of EV charging infrastructure and supporting the transition to sustainable transportation. The goal is to provide the entire ecosystem, from renewable energy production to EV charging systems to electric vehicles on the road.
ORkA is an advanced digital system that easily allows customers to input their energy information – about their buildings, factories, and businesses – and get a clear and professional improvements report instantly. Then, depending on the ROI of each action plan the customer makes an informed decision to choose the best for them, ORkA also offers financing and deployment of the solution.
PHNXX is a modular microgrid solution that provides customers with reliable, sustainable and cost-effective power on demand to suit their unique energy consumption profiles. PHNXX solution offers multiple sources of renewable energy generation coupled with battery storage and managed by an integrated Smart Energy Management System to meet customer energy demands without relying on the grid.
Entarctic maximizes energy efficiency in cold warehouses by reducing the electricity bills of cold storage facilities by up to 30% while ensuring safe temperatures. Its solution is quick-to-install and instantly makes customers’ cold room more energy efficient and sustainable. It is installed with no disruptions to operations and delivered on a pay-as-you-save or buy-and-own model.
Solar AI Technologies is a digital-first solar company in Singapore and is one of the first in the region to provide zero upfront cost, rooftop solar-as-a-service for smaller commercial and residential property owners. Customers now have a way to get instant solar savings without putting any money down, and in a risk-free approach.
Carbon Compass is decarbonising the mining sector by aggregating energy-related data from mid-tier mine sites to accelerate their deployment of renewables. Carbon Compass’s digital solution creates different simulations of renewable energy assets to help miners optimise their energy stack with different configurations of renewables.
TablePointer is an energy management-as-a-service for food and beverage outlets. Decentralized facilities like food and beverage outlets in Asia use 4X more energy per sqm versus office buildings and profit margins are hit by over 15% from energy wastages. TablePointer’s intelligent energy and asset manager helps decentralized facilities optimize energy efficiency, monitor assets and upgrade profitability.
BillionBricks is developing solar housing communities by combining effective technologies for solar houses with renewable energy models. BillionBricks’ innovative design makes it possible to build net-zero homes to foster homebuyer inclusiveness and reduce the carbon emission of the built industry. Projects are being deployed now in the Philippines to create net zero communities.