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/ Asuene Secures METI’s FY2023 Supplementary Budget Grant for The Global South Future-Oriented Co-Creation Project – Up to 500 Million JPY Awarded

Asuene Secures METI’s FY2023 Supplementary Budget Grant for The Global South Future-Oriented Co-Creation Project – Up to 500 Million JPY Awarded

Asuene APAC Pte. Ltd.
Asuene Inc. and its subsidiary, Asuene APAC, have been selected for the Japanese Ministry of Economy, Trade, and Industry's (METI) FY2023 supplementary “Grant for The Global South Future-Oriented Co-Creation Project.” This initiative aligns with one of AZEC’s (Asia Zero Emissions Community) “10-Year Action Plans”: improving industrial competitiveness through greenhouse gas (GHG) emissions visibility across entire supply chains. Through this program, we will implement a demonstration project to assess GHG emissions and evaluate/manage ESG data via supply chain integration in key APAC nations: India, Thailand, Malaysia, Indonesia, the Philippines, Vietnam, and Singapore.
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Background of the Demonstration Project

Achieving net-zero by 2050 requires urgent, global measures to tackle climate change, including GHG reductions. Amid rising implementation of carbon taxes and mandatory disclosure requirements for corporate CO2 emissions, these trends are accelerating rapidly across APAC.

APAC holds a central position in global supply chains, especially in manufacturing. However, key challenges include insufficient regulatory readiness and underdeveloped data collection infrastructures to address GHG emissions effectively. For Japanese corporations operating locally, robust solutions to manage stricter carbon taxes and environmental regulations are in high demand.

As a climate tech leader, Asuene specializes in decarbonization and ESG services. Our climate cloud platforms, “ASUENE” for CO2 emissions tracking and reduction, and “ASUENE ESG” for ESG evaluation and management, support businesses worldwide. “ASUENE” provides end-to-end solutions in emissions calculation (Scope 1–3), carbon footprint assessment, reduction, offsetting, environmental data management, and reporting, all in compliance with the GHG Protocol. Similarly, “ASUENE ESG” allows supply chains to enhance their ESG management and transparency.

With over 25,000 clients globally, including APAC firms, our tools facilitate sustainable corporate governance under a unified platform. Asuene APAC, established in Singapore in November 2022, has further driven service expansion and partnerships, enabling growth in APAC manufacturing, a region pivotal to achieving net-zero and industry-standard adoption globally.

Given these developments, Asuene Inc. and Asuene APAC have been awarded METI's "Grant for The Global South Future-Oriented Co-Creation Project.”

Our Commitment

With this grant, Asuene and Asuene APAC aim to serve APAC manufacturing and construction industries—key players facing rising demands for GHG reduction and sustainable supply chains. We will deliver systems that enable effective data collection, evaluation, and management of GHG emissions and ESG-related factors. By tailoring solutions through localized research and system optimization, we will address regulatory and operational challenges unique to each country. This initiative will help resolve GHG assessment and supply chain management issues while driving decarbonization and ESG-oriented management.

This project also supports AZEC's overarching action plan for GHG visualization and industrial competitiveness improvement through supply chain transparency. In collaboration with AZEC, we aim to expand markets that reward CO2 reduction efforts, helping businesses with APAC operations build sustainable supply chains and enhance their competitive edge in decarbonization and ESG governance.

By doing so, Asuene contributes to both strengthening regional industrial competitiveness and global net-zero realization.

Overview of the “Grant for The Global South Future-Oriented Co-Creation Project”

This program addresses critical socio-economic challenges in Global South regions, including industrial vulnerabilities, healthcare, disaster management, and food security. It leverages digital and emerging technologies to deliver autonomous, swift, and innovative solutions.

By fostering collaborative business models between Japanese and local businesses, the program supports industrial development and societal advancement. This initiative aims to strengthen Japanese industries through technology transfer, innovation creation, and resilient supply chains, ultimately laying a foundation for sustainable business ecosystems beyond mere financial returns.

The Global South Future-Oriented Co-Creation Project: https://gs-hojo-web.jp/

About Asuene APAC Pte. Ltd.
Asuene Inc. is a leading Climate Tech company in Japan with the mission of ”Changing the world for the next generation”. We provide "ASUENE", a carbon accounting platform to measure, report and reduce carbon emissions of companies and we contribute to the net zero society. Company name: Asuene Inc. Representative: Founder & CEO Kohei Nishiwada Date of establishment: October, 2019 Headquarters: WeWork, KDX Toranomon 1Chome Building 4F, 1-10-5 Toranomon, Minato-Ku URL: https://earthene.com/apac
Contact
Asuene Inc. Keiko Yamamoto Email: press@asuene.com Website: https://earthene.com/en

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