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    How Digital Tools Help Corporations Decarbonize Supply Chains

    How Digital Tools Help Corporations Decarbonize Supply Chains

    For large corporations with complex vendor networks, decarbonizing the supply chain remains one of the most difficult aspects of achieving climate goals. While many organizations have set ambitious net-zero targets, few have actionable plans for Scope 3 emissions—the indirect emissions that occur across a company’s value chain.

    May/20/2024|
    TRELLIS
    CnerG and Singapore's Gashub Sign Carbon Offset MOU Agreement

    CnerG and Singapore's Gashub Sign Carbon Offset MOU Agreement

    CnerG, a platform for trading environmental commodities, is expanding its carbon-neutral solutions through partnerships with global energy companies. The company aims to broaden its client base by offering integrated solutions, including supplying renewable energy certificates and various types of carbon credits. According to venture capital (VC) industry sources on the 3rd, CnerG recently signed a Memorandum of Understanding (MOU) with Gashub, a leading LNG company and subsidiary of H2G Green Limited in Singapore. Through this partnership, CnerG will supply carbon credits to Gashub, supporting carbon neutrality within the LNG supply chain.

    Dec/10/2024|
    The Bell
    Carbon Neutrality Solutions Firm CnerG Secures 13.2 Billion KRW in Bridge Round Investment

    Carbon Neutrality Solutions Firm CnerG Secures 13.2 Billion KRW in Bridge Round Investment

    CnerG, a global carbon neutrality solutions company, announced on the 22nd that it has successfully closed its bridge round, securing 13.2 billion KRW in investments. CnerG started as a clean energy procurement solutions provider and has since expanded its business to include carbon accounting and ESG supply chain management solutions. It has transformed into an 'all-in-one' carbon neutrality solutions company, demonstrating rapid growth potential. This performance enabled CnerG to achieve successful fundraising despite the overall challenging investment environment. The bridge round included support from previous investors KB Investment, Hana Ventures, BNK Venture Capital, and iM Investment Partners, along with new investments from SGC Partners, K-R Ventures, Brite Energy Partners, Hanwha Investment & Securities, Samho Green Investment, and Astone Ventures. The company received strong evaluations from both existing and new investors.

    Nov/22/2024|
    Korea Economy
    Global Carbon Neutrality Solution 'CnerG' Secures 13.2 Billion KRW in Funding

    Global Carbon Neutrality Solution 'CnerG' Secures 13.2 Billion KRW in Funding

    CnerG, a global carbon neutrality solutions provider, announced on the 21st that it has secured a 13.2 billion KRW (~USD 10 million) pre-Series A bridge investment. The company's practical achievements in clean energy trading received high praise from investors. This funding round saw participation from existing investors like KB Investment, Hana Ventures, BNK Ventures, and iM Investment Partners, as well as new investors including SGC Partners, K-R Ventures, Brite Energy Partners, Hanwha Investment & Securities, Samho Green Investment, and Astone Ventures. Notably, Brite Energy Partners, Korea’s largest independent solar power operator, and SGC Partners, the corporate venture capital (CVC) arm of energy company SGC Energy, participated as strategic investors (SI), highlighting CnerG's potential for future growth.

    Nov/21/2024|
    Money Today
    CnerG and Association of SMEs Sign MOU to Achieve Carbon Neutrality for Small and Medium Enterprises

    CnerG and Association of SMEs Sign MOU to Achieve Carbon Neutrality for Small and Medium Enterprises

    CnerG, a global clean energy trading solutions company, is expanding its efforts to stimulate the domestic and international carbon-neutral market. On the 31st, CnerG announced that it had signed an MOU with the Korea Association of SMEs to strengthen carbon-neutral capabilities for domestic SMEs. Through this MOU, CnerG will provide services related to carbon accounting and carbon offsetting for the 7,000 members of the federation. A CnerG official stated, "Global supply chains are increasingly demanding RE100 compliance and carbon neutrality from many export-oriented SMEs in Korea. We expect CnerG's comprehensive, globally recognized carbon-neutral solutions to be helpful."

    Jul/31/2024|
    Money Today

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