Mitsubishi Electric And Evercomm Enter Into Cooperative Agreement To Develop And Market Solutions That Support Carbon Neutrality

Mitsubishi Electric Corporation (Headquarters: Chiyoda-ku, Tokyo, President and CEO: Kei Uruma, “Mitsubishi Electric”) and EVERCOMM SINGAPORE PTE. LTD. (Headquarters: Singapore, CEO: Chen Chiu-Hao, “Evercomm”) jointly announced that they have entered into a cooperative agreement to develop and market solutions that support carbon neutrality in the manufacturing sector.

As part of the agreement, Mitsubishi Electric will take an equity stake in Evercomm to solidify the ties between the two companies.

Mitsubishi Electric and Evercomm partnership

The global movement toward carbon neutrality as a measure against global warming has accelerated

In recent years, the global movement toward carbon neutrality as a measure against global warming has accelerated. Companies, particularly in the manufacturing sector, are facing increasing demands from stakeholders, such as governments, shareholders, business partners and consumers to implement measures to manage and reduce CO2 emissions. As a result, there is growing demand from each company for solutions to manage and reduce CO2 emissions.

Mitsubishi Electric provides solutions that support digital transformation in manufacturing sites by software such as supervisory control and data acquisition (SCADA1) software. The company also sells inverters, motors, and other energy-saving equipment that help to reduce CO2 emissions, as well as analysis and diagnosis software that support energy-savings.

Software for development of decarbonization plans

Evercomm provides an ISO14064-12 based service for managing data on CO2 emissions at the corporate level, a system that allows data verification by third-party certification organizations, and ISO140673 based software allowing calculation and management of the carbon footprint of products (CFP4) at an individual product level.

The company also provides software, primarily in the ASEAN region, that facilitates the development of decarbonization plans by identifying specific potential emission-reduction measures and simulating their potential effects.

Realization of carbon neutrality

Through their collaboration, the two companies will contribute to the realization of carbon neutrality for their customers by providing solutions that incorporate Evercomm’s software and Mitsubishi Electric’s products and software.

By consolidating manufacturing site data of CO2 emissions and reductions collected by Mitsubishi Electric’s SCADA using Evercomm’s management software, they will build an environment that enables more precise control of measures designed to achieve carbon-neutrality.

Decarbonization simulation software

Evercomm will enhance decarbonization planning support by its decarbonization simulation software

Furthermore, based on aggregated data, Evercomm will enhance decarbonization planning support by its decarbonization simulation software, and Mitsubishi Electric will provide optimal energy-saving equipment and energy-saving support software that helps achieve CO2 reductions and support for ongoing CO2 reduction activities.

Chen Chiu-Hao, the Chief Executive Officer (CEO) of Evercomm said: “Embracing the sustainability urgency, we are eager to pioneer the frontier of sustainable development with environmentally conscious partners. Our alliance with Mitsubishi Electric serves as a catalyst for this mission, providing us with access to their expansive digital transformation capabilities.”

Partnership goes beyond the confines of mere technology

Chen Chiu-Hao adds, “This partnership goes beyond the confines of mere technology - it embodies a collaborative endeavor to jointly equip our clients with the critical tools required to turn their sustainability ambitions into reality, guiding them step by step towards achieving carbon neutrality.”

Toshie Takeuchi, the Group President of Mitsubishi Electric’s Factory Automation Systems Group, said, “Evercomm’s software is attractive because it manages CO2 emissions and the data required to manage CO2 emission reduction activities, and includes a mechanism for third-party certification of the data.”

One-stop solution

Toshie Takeuchi adds, “This time, in collaboration with Evercomm, we will provide a one-stop solution that will enable companies to analyze the current state of their CO2 emissions and to develop decarbonization planning CO2 reduction initiatives, thereby contributing to the realization of carbon neutrality in the manufacturing sector.”