Singapore Decarbonisation Platform Expands Into Europe and the UK

With significant demand for Renewable Energy Certificates (RECs) and carbon credits arising from Europe, Singapore-based GoNetZero has expanded its service capabilities such as its environmental attributes marketplace and energy asset management platform, into the European and UK markets. 

Having successfully built its presence in Asia, GoNetZero’s digital marketplace offers one-stop access to verified and quality RECs and carbon credits that are highly sought after in Europe and the UK.

GoNetZero is the carbon management business of Sembcorp Industries, a leading pan-Asian renewable energy player listed on the main board of the Singapore Exchange.

The environmental attributes span different technologies, vintages, countries, and registries, and are sourced from Sembcorp’s portfolio of renewable energy projects.

GoNetZero also curates other environmental attributes including i-RECs, Renewable Energy Guarantees of Origin scheme (REGOs), Non-Fossil Certificates (NFCs), J-Credits as well as nature- and technology-based carbon credits from its network of trusted partners, all of which comply with recognised certification standards.

To offer a streamlined end-to-end journey, GoNetZero’s platform enables the management of the entire lifecycle of RECs online – from issuance, trading, and management to retirement. The platform is underpinned by blockchain technology, enhancing transparency and addressing issues such as double-counting.

Powered by proprietary smart tools and data insights, the platform will enable informed decision-making as part of corporates’ decarbonisation strategies.

Soon Sze Meng, CEO at GoNetZero, said: “GoNetZero plays a big role in addressing the accessibility and transparency issues that hinder companies’ net zero and decarbonisation efforts today. Our solutions are easily accessible and scalable by all companies regardless of size and progress in the net zero journeys, which empowers and enables them to decarbonise.”