Asuene Announces Strategic Acquisition of ESG Data Analysis and Decarbonization Startup "E4G" from the University of Tokyo

Asuene Inc.is pleased to announce the strategic acquisition of E4G, Inc. a cutting-edge startup originating from the Tanaka Kenji Laboratory at the University of Tokyo. E4G specializes in AI-driven ESG data collection and analysis, as well as decarbonization roadmap development software.

Background of the Acquisition

Asuene offers a diverse range of products, “ASUENE”, a carbon accounting platform, "ASUENE ESG," evaluation cloud service, and "ASUENE CAREER," the talent recruiting support for your Decarbonization and ESG initiatives. By providing a one-stop solution for sustainability, “ASUENE” has supported the decarbonization and ESG management efforts of over 9,000 companies, while “ASUENE ESG” has exceeded 14,000 companies, boasting the top position in the industry.

In recent years, the importance of ESG metrics as a basis for corporate evaluation has significantly increased, leading to a rapid rise in the demand for efficient collection, analysis, management, and disclosure of ESG data among businesses and financial institutions.

However, the lack of standardization and normalization in ESG data collection makes this process extremely challenging. Many companies face significant burdens of time and cost, as they must manually gather vast amounts of information for competitor comparisons and industry analyses, while also requiring ongoing data collection and analysis.

Furthermore, in the context of decarbonization, the importance of visualizing CO2 emissions, as well as developing and implementing emission reduction roadmaps, has become increasingly critical for companies. However, the complexity of formulating reduction plans has led to rising challenges, as organizations often lack the necessary expertise to proceed effectively.

In light of these social trends and customer challenges, we have determined that integrating E4G— which possesses robust services and technological foundations in the areas of ESG data and CO2 emissions reduction—will significantly enhance the value we provide to our customers and further expand our platform. This realization has driven us to pursue the acquisition of E4G.

Objectives Achieved Through the Acquisition

Enhanced ESG Data Solutions: The acquisition allows Asuene to integrate E4G’s ESG data capabilities with its existing platform, offering a more comprehensive solution for businesses. This integration will enable organizations to efficiently collect and analyze non-financial indicators, conduct competitor assessments, and streamline corporate value evaluations.

Strengthening Decarbonization Support: The combined expertise of Asuene and E4G will provide a one-stop solution for decarbonization management, covering everything from visualizing CO2 emissions to formulating and implementing reduction strategies.

Fostering University-Industry Collaboration: The partnership with E4G, backed by advancedtechnology and a robust data foundation, will accelerate the development and societal mplementation of decarbonization and ESG solutions.

Comments from E4G and Asuene Representatives

Representative Taichi Obara, E4G, Inc.

I am truly delighted to join the Asuene Group. I would like to take this opportunity to express my heartfelt gratitude to all stakeholders, including our customers, partner companies, team members, and shareholders. In light of the global ESG movement, companies are being called upon to undergo further transformation. By collaborating with Asuene, which is rapidly expanding its operations on the global stage and driving societal GX initiatives, E4G will continue to advance our vision of 'DATA DRIVEN GX.

Founder&CEO Kohei Nishiwada, Asuene Inc.

I am very honored that E4G has decided to join the Asuene Group. As the importance of ESG data and GHG reduction continues to rise both in Japan and globally, E4G's expertise in ESG data disclosure analysis and reduction roadmap development will become crucial for comprehensively assessing corporate sustainability, as well as evaluating corporate value, risks, and investment potential. Together with Daichi Obara, the CEO of E4G, we look forward to delivering new value in the areas of decarbonization and ESG data.

About Asuene APAC Pte. Ltd.

Asuene Company Profile

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

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