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Malaysian Government Signs Strategic Agreement With Greenstone Carbon Management

…PM's Department to create an energy and carbon management centre of excellence in Malaysia…

LONDON – Wednesday 11th May 2011 - Greenstone Carbon Management, the global specialist carbon solutions company and UNIK (Unit Inovasi Khas), the Innovation Unit in the Malaysian Prime Minister’s Office, has signed a strategic alliance to provide Greenstone’s Acco2unt* energy and carbon management solution and related services to private and public sector organisations across Malaysia. The agreement will mean that local businesses and organisations in the public sector will gain access to expert support in their energy and carbon reduction efforts.

Matthew de Villiers, Chief Executive at Greenstone Carbon Management

Prime Minister Dato' Sri Najib Tun Abdul Razak established UNIK to develop an innovation driven economy in Malaysia, acting as an enabler between innovators and business to develop skills, knowledge and the economy.  As part of this programme, UNIK will create a South East Asia energy and carbon management centre of excellence in Malaysia. Greenstone’s Acco2unt solution has been selected as the software platform to enable organisations across the country to measure, manage and report their energy consumption and carbon emissions. Through the strategic agreement, Greenstone will also assist in the development and transfer of skills and knowledge in energy and carbon management to the centre of excellence. The resulting demand for energy and carbon reduction projects from this programme will become an important catalyst for the emerging Malaysian clean tech sector. 

At the signing ceremony held at the Prime Minister’s Office on the 19 of April 2011, the Prime Minister said, “These initiatives will forge sustainable innovation through collaboration between academics, the private sector and government and will be undertaken jointly by both local and foreign players, as innovation does not function well in isolation.”

Innovation has been identified as the main mechanism to improve Malaysia's competitiveness and to attain the objectives of the New Economic Model, which is in line with the commitment to jump-start the national innovation agenda, the Government Transformation Programme and Economic Transformation Programme.

Matthew de Villiers, Chief Executive at Greenstone Carbon Management said, “We commend the Malaysian Government on this comprehensive approach to address energy consumption and carbon reduction whilst also developing national capability and technology through the development of a Regional centre of excellence. We are very proud to have been selected by the Malaysian Government to be part of the Prime Minister’s innovation programme.  We will be working with UNIK to establish a joint entity in Malaysia that will implement our Acco2unt solution with private and public sector organisations and identify how energy and carbon emissions can be reduced.”

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Notes to Editor
* Greenstone’s unique Acco2unt software product suite provides organisations with robust energy and carbon management solutions.  It enables organisations to measure, manage, plan, store and report emissions data, track performance on at multiple organisational levels and to accurately model carbon footprint reduction strategies. Acco2unt can significantly reduce the burden of auditing and reporting for compliance purposes, and stakeholder communication.  An extensive list of emission sources is included in the software’s calculation covering energy, travel and transport, ICT equipment, together with waste and water consumption. 

About Greenstone Carbon Management Limited
Greenstone Carbon Management is a specialist carbon solutions company that works with major commercial and public sector organisations to enable them to measure, manage and report their carbon emissions responsibly. Greenstone’s core proposition is to enable clients with the necessary tools, skills and knowledge to measure and manage their carbon emissions independently and professionally, allowing them to identify and achieve ongoing reductions, report against regulatory and voluntary schemes, meet customer requirements and communicate externally. 

Greenstone’s Acco2unt carbon management software is delivered through a SaaS (Software as a Service) model, calculating carbon emissions from energy, refrigerants, travel, logistics, freight, waste, water and ICT business activities. Acco2unt is deployed in over 3,500 reporting entities across more than 70 countries.  Greenstone has worked with a range of global business such as G4S, Serco, Fujitsu, DP World, Freshfields and Nomura. For further information please visit www.greenstonecarbon.com  

AboutUNIK
UNIK, a small unit staffed by professionals from both the public and private sector, is responsible for generating new wave wealth from intellectual property and creating a conducive eco-system to propel the development of innovation in Malaysia, including promoting innovation in the public sector, universities and education system with the ultimate goal of reaching Global Competitiveness.

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