CDP runs a global disclosure system for investors, companies, cities, states and regions to manage their environmental impacts. Through the CDP Accredited Solutions Provider initiative, it works with external solution providers who can provide support to entities in their sustainability reporting.
In this blog, we explore more about CDP Accreditation and how REDEX as an Accredited Solutions Provider can offer our renewable energy expertise to entities in their sustainability journey.
CDP and Accreditation
Sustainability disclosure is dynamic and rapidly evolving space. There are a slew of sustainability standards and frameworks, making it challenging for entities to adopt and perform reporting.
CDP facilitates the disclosure process with its questionnaire that helps entities to disclose according to their unique market and regulatory requirements.
To help entities navigate their sustainability disclosure journey, CDP partners and accredits external service providers under the Accredited Solutions Provider initiative.
To become an Accredited Solutions Provider, these service providers must undergo a rigorous accreditation process, with CDP verifying their credentials. CDP-disclosing organisations can be assured of the quality of services provided by an Accredited Solutions Provider.
The service providers offer a broad spectrum of expertise and services to accelerate the establishment of a sustainable economy. They provide support ranging from renewable energy and carbon reduction, to consultancy, education and training, and software and verification services.
REDEX as an Accredited Solutions Provider
REDEX successfully became a CDP accredited solutions provider in September 2024.
As an accredited provider for renewable energy solutions, we have the personnel and products to support companies, financial institutions, public authorities, cities, states and regions in shaping their sustainable energy strategies and meeting clean energy targets.
Our track record speaks for itself. With our innovative technological solutions, deep collaborations, and partnerships with stakeholders in the Renewable Energy Certificate (REC) ecosystem, REDEX has become a trusted brand in the REC market. Today, more than 180 clients work with us to meet their renewable energy goals and accelerate their journey towards environmental leadership.
“We are delighted that REDEX has become a climate change renewable energy solutions provider in Singapore. REDEX provides renewable energy solutions, and as a key player in the market, it also acts as a verifier for global renewable energy standards,” said Jackie Davis, Head of Accredited Solutions Provider Program at CDP.
A one-stop shop for RECs, REDEX supports clients through the whole REC lifecycle – asset registration, REC issuance, market and retirement. We make it convenient for clients to adopt, monitor, trace and monetise renewable energy.
We are the developer and operator of REHash, Asia’s leading REC trading platform. REHash. A digitally-secured trading platform that offers RECs from I-REC(E) and APX TIGR registries, users can manage, buy and sell RECs that adhere to RE100 guidelines with our optimised end-to-end solution.
REDEX also developed RESuite to support entities in monitoring and meeting their renewable energy targets, and REConnect mobile app to provide simple DIY renewable energy asset registration.
In particular, not only is RESuite able to monitor and consolidate electricity consumption along business operations and supply chains, but it also has the capability to match RECs to this electricity consumption. With advanced renewable energy monitoring tools, RESuite can help businesses to track and manage Scope 3 emissions.
Contact us at enquiries@redex.eco to learn more about how we can help you navigate your decarbonisation journey and augment your environmental stewardship.
