Asuene APAC and Testech, Inc, a provider of energy conservation services in the Philippines, form a business alliance
ASUENE forms first Philippine Partnership to aid APAC companies in CO2 reduction
Asuene APAC Pte. Ltd. has entered into a business alliance agreement with Testech, Inc, a semiconductor manufacturing support services and facility management company utilizing energy-saving technologies in the Philippines. Both companies will provide ASUENE, a cloud service for measuring, reducing, and reporting CO2 emissions, and decarbonization solutions to their business partners to support decarbonization and sustainable management of companies in the Philippines.
Background of Business Alliance
In the Asia Pacific (APAC) region, companies are increasingly interested in decarbonization, and the need to measure and reduce CO2 emissions is rapidly increasing. In the Philippines, where Testech, Inc is based, the Securities and Exchange Commission (SEC) has issued guidelines on “Sustainability Reporting” for listed companies in 2019. The guidelines require companies to attach reports on sustainability and other non-financial information to their annual reports. In addition, there is a growing demand for corporate sustainability, as evidenced by the discussion within the SEC, on making Scope 1 and Scope 2 of CO2 emissions reporting mandatory.
Since English is widely spoken as an official language in the Philippines, the BPO industry with Western companies is flourishing. Many companies now play a role in the supply chain as business partners of Western companies. Therefore, there is a circumstance in which they must answer the demand for sustainability in order to improve their global credibility and ensure their competitiveness in the European and U.S. markets.
Details of Business Alliance
“ASUENE” is a cloud service for companies to measure, reduce, and report CO2 emissions throughout the supply chain for Scope 1-3 in the GHG Protocol and SX consulting. Through one-stop solutions for decarbonization, which is one of our strengths, we provide comprehensive services to promote corporate decarbonization management.
Testech, Inc is a conglomerate based in the Philippines, that aims to realize a sustainable society by supporting companies in a wide range of fields, including the management of facilities related to energy conservation and environmental measures, the provision of technical solutions and services, and process support for semiconductor manufacturing.
Through this business alliance agreement, both companies will collaborate to provide companies with one-stop services ranging from the provision of energy-saving and environmental solutions to the measuring, reducing, and reporting of CO2 emissions. This will accelerate support for sustainability management that enhances the companies’ competitiveness in the Philippines and other APAC countries.
About Testech, Inc
Company name: Testech Incorporated
Representative: Chairman / CEO Alfonso S. Yuchengco III
Founded: May, 2000
Location: 2F DPL Technology Bldg., Humble St, B2 L4 Calamba Premier International Park SEZ, Brgy. Batino, Calamba City, Laguna 4027, Philippines
WEB site: https://www.testech-group.com/
Asuene Company Profile
Asuene Inc. is a leading Climate Tech company in Japan with the mission of ”Changing the world for the next generation”. We provide “ASUENE”, a carbon accounting platform to measure, report and reduce carbon emissions of companies and we contribute to the net zero society.
This press release has also been published on VRITIMES
