3Degrees deepens APAC presence with new Singapore office, expanded team of climate experts

July 24, 2024 10:00 AM AEST | By Cision

3Degrees deepens APAC presence with new Singapore office, expanded team of climate experts — Image source: Kalkine Media

Recent News

Entertainer Tori Martin Gets 'Lost In The Country' In New Music Video

TECNO Wins Two Gold Awards at Global Product Technology Innovation Awa...

Melbourne Asphalts and Bitumen Expands Service Offerings for Melbourne...

Come to RE+2024 to discover the cutting-edge energy solutions of tomor...

SINGAPORE, July 24, 2024 /PRNewswire/ -- 3Degrees, a leading global climate solutions provider and certified B Corp, has announced the opening of a new office in Singapore, as well as the hiring of an in-region team of origination, business development, and renewable energy procurement experts. The company has been doing business in APAC for over a decade, and is now deepening its investment to scale its regional portfolio of energy attribute certificates (EACs) and provide enhanced market access and support for customers' global strategy, carbon, and renewable energy procurement needs.

"Our multinational clients' product and support needs in APAC continue to grow as they accelerate their commitments to reducing their scope 2 and 3 emissions, particularly in their supply chain, in pursuit of achieving their near-term climate targets," said Scott Martin, Vice President, Global Commercial Business at 3Degrees. "Many of these companies have significant supply chains in the region, and 3Degrees' expanded local presence and deeper regional relationships will enable us to better facilitate this support for our global customer base."

Sourcing renewable energy across the APAC region can be challenging for customers due to disparate regulatory schemes, uncertainty regarding standards compliance, low-transparency certificate systems, limited access to projects, and unfamiliar contract structures. With a Singapore-based team, 3Degrees will provide immediate in-region access to high quality, standards-compliant EACs and power purchase agreements (PPAs) to help address buyers' scope 2 and scope 3 decarbonization goals. To make further progress on scope 3 goals, buyers can couple this in-market access with 3Degrees' recently launched Supplier REach platform, an online portal that enables large companies to activate their suppliers' renewable energy journeys and seamlessly source renewable energy in this challenging market.

"By ensuring a wide availability of APAC-based EACs and renewable energy offtake agreements, 3Degrees is going to be in an even stronger position to help our corporate customers accelerate progress toward their climate goals," continued Martin. "Simultaneously, we will also be strengthening the market for new renewable energy projects through increased financial support, product diversity, efficient transacting, and ongoing policy support and thought leadership."

About 3Degrees
3Degrees is a leading global climate solutions provider with offices across North America, Europe, and Asia. We offer impactful climate solutions that help our clients achieve their climate goals and advance an equitable transition to the low-carbon future. Learn more at 3Degrees.com or follow us on LinkedIn.

Logo - https://mma.prnasia.com/media2/1867772/3Degrees_Logo.jpg?p=medium600

Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media Pty Ltd (“Kalkine Media, we or us”), ACN 629 651 672 and is available for personal and non-commercial use only. The principal purpose of the Content is to educate and inform. The Content does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the Content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stocks of the company(s) or engage in any investment activity under discussion. Kalkine Media is neither licensed nor qualified to provide investment advice through this platform. Users should make their own enquiries about any investments and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary.
The content published on Kalkine Media also includes feeds sourced from third-party providers. Kalkine does not assert any ownership rights over the content provided by these third-party sources. The inclusion of such feeds on the Website is for informational purposes only. Kalkine does not guarantee the accuracy, completeness, or reliability of the content obtained from third-party feeds. Furthermore, Kalkine Media shall not be held liable for any errors, omissions, or inaccuracies in the content obtained from third-party feeds, nor for any damages or losses arising from the use of such content.
Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music that may be used on this website are copyrighted to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed/music used on this website unless stated otherwise. The images/music that may be used on this website are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have made reasonable efforts to accredit the source wherever it was indicated as or found to be necessary.

This disclaimer is subject to change without notice. Users are advised to review this disclaimer periodically for any updates or modifications.