How can supply chains in Asia become more resilient in the face of a fast-evolving and complex business environment? At a panel discussion for FT Moral Money Asia Summit 2024, REDEX Founder and CEO Kang Jen Wee shared insights on how companies in Asia may decarbonise and adhere to global business regulations, enhancing their sustainability and competitive edge.
Using aluminium manufacturing as an example, Jen Wee explained that by using renewable energy certificates (RECs) to prove that aluminium was manufactured using renewable energy, a can of beverage could be classified as green and potentially meet import carbon tax regulations such as the European Union’s Carbon Border Adjustment Mechanism (CBAM). This would enable companies in Asia who are part of the global supply chain to enhance their sustainability and competitive edge.
Other panellists who contributed invaluable insights on supply chain resilience included key opinion and business leaders – Annerieke Douma, Lay Yen Tan, Gopul Shah and Edward White.
Special thanks to FT Moral Money Editor Simon Mundy for Chairing the Summit and the FT Live team for organising the event. Team REDEX looks forward to forging collaborations with potential partners whom we connected with at the event.
