Sustainability platform CO2X inks MOU with key industry players

SUSTAINABILITY-linked company CO2X, a joint venture by 3 home-grown technology companies - Ascent Solutions, Evercomm Singapore and Hashstacs - signed a memorandum of understanding (MOU) with industry and association leaders from the transport and logistics, as well as finance sectors, on Friday (Oct 15).

The transport and logistics sector contributes 14.8 per cent of Singapore's carbon emissions and is the third-largest pollution contributing sector in the nation, CO2X noted in a press statement on the same day.

As such, the sustainability platform announced that it has strategically chosen to test its beta version in November 2021 with key industry partn