The announcement marks Evercomm’s appointment as a key partner in CTBC Bank’s suite of Science-Based Transition Financing Solutions
Singapore, 7 November – Evercomm, a leading provider of digital sustainability solutions, and CTBC Bank, Taiwan’s largest privately owned bank, today announced their strategic partnership to leverage artificial intelligence (AI) in advancing green financing and enabling science-based transition planning, based on the two companies’ shared vision of empowering Southeast Asian businesses to realise their transition to a low-carbon economy. The region is acutely vulnerable to the effects of impact change, but it also holds a massive opportunity for businesses in the region to pursue low-carbon economic growth. As part of this partnership, Evercomm and CTBC Bank will jointly develop an AI-powered Green Finance Management Platform.
The partnership was commemorated at a signing ceremony held at the Singapore Fintech Festival 2024, and was attended by Mr. Tony Yang (CEO, CTBC Bank), representatives from key Taiwanese authorities, including the Kaohsiung City Government and the Industrial Technology Research Institute (ITRI), as well as ecosystem partners from Singapore, such as Capital Quantum and Metaverse Green Exchange (MVGX).
The platform leverages Evercomm’s advanced AI technology aligned with CTBC Bank’s international standards and framework to assess and manage landing portfolios for the financial institutions, spanning commercial real estate, power-generation financing, and mid-to-long-term corporate loans. By providing real-time insights, the platform enables banks to evaluate the carbon impact of its financing decisions and to track its sustainability targets across various operating branches.
Evercomm’s software tools, in conjunction with the AI Green Finance Management Platform, allow financial institutions to accurately measure, track, and simulate carbon footprint reduction efforts, ensuring alignment with global net-zero ambitions. By offering comprehensive decarbonisation data and end-to-end carbon reduction advice, the partnership enables CTBC Bank to expand its portfolio of sustainable finance products, including ESG Portfolio Lending and the Corporate Decarbonisation Rating framework.
Additionally, by leveraging Singapore’s advanced ecosystem and service expertise, the partnership offers key digital solutions that enable enterprises to thrive in a low-carbon economy, including:
These solutions will support businesses in aligning with global climate standards, meeting sustainability targets, and credibly report on progress, which can significantly contribute to businesses’ “virtuous cycle” of obtaining financial support to their decarbonisation efforts, thereby promoting an ecosystem growth in cross-border collaborations in sustainable finance.
Evercomm is a multi-award winning engineering and technology company helping industries build resilience, unlock growth opportunities and navigate the evolving regulations landscape across carbon, energy, waste, and beyond.
Since 2013, we have been helping businesses optimise resource efficiency, reduce carbon emissions, manage climate risk scenarios, and meet international compliance standards ensuring long-term operational and financial sustainability.
Our advanced planning and simulation tools provide precision-driven carbon, energy and waste reduction strategies tailored to your unique operations. Grounded in internationally recognised ISO Standards, Evercomm ensures data integrity, credibility, and verifiability in emissions reduction tracking and reporting. By integrating globally recognised compliance frameworks, including GRI, SBTi, ISSB, and ESRS, we enable organisations to meet stringent regulatory requirements while reinforcing their business resilience.
As a trusted partner, Evercomm helps businesses turn compliance obligations into strategic advantages ensuring they stay ahead in a rapidly shifting economic and regulatory environment.
