Phonecheck Named a Preferred Partner for Back Market Amidst Growing Global Interest in Refurbished Devices

Global refurbished electronics marketplace embraces added layer of security and quality through Phonecheck’s verified certification process

Phonecheck

LOS ANGELES, April 12, 2022 (GLOBE NEWSWIRE) — Phonecheck, an industry-trusted mobile device certification provider, announced today it is a preferred partner for Back Market, the leading renewed electronics marketplace. The partnership offers Back Market sellers additional tools to enhance used device diagnostics and certification, further supporting quality as a top priority for the marketplace.

The market for refurbished phones is forecasted to grow to a worldwide industry value of $65 billion by 2024. As more sellers enter the market, consumers increasingly want regulated, industry-wide standards for quality and authenticity. As the competition heats up, sellers are looking for ways to differentiate, increase sales and generate more revenue per device. By leveraging the use of comprehensive device certification from Phonecheck, sellers typically see much brisker sales and 5-10% higher resale value.

Phonecheck certification is supported by the company’s exclusive Device History Report, providing crucial details on device authenticity, ownership status, carrier information, repair history, functionality and more to Phonecheck users. Devices undergo a comprehensive diagnostic and certified data-wipe process, accredited by the Asset Disposal and Information Security Alliance (ADISA), through the enterprise-scale testing and certification suite. Phonecheck’s programmatic certification goes beyond diagnostics and data-wipe to report accurate, verified data on each device for sellers to deliver as an added value to their customers in the resale process.

Back Market, which has sold refurbished devices to more than six million customers, has its own stringent program in place to monitor the quality of devices, including an approval process that sees two out of three potential sellers denied access to its marketplace. The company also monitors seller performance in real-time and offers buyers a 30-day money-back guarantee and one-year warranty.

As of this year, sellers on Back Market are now required to provide an International Mobile Equipment Identity (IMEI) number, a unique identifier, for every phone listed in its marketplace. As a part of its 80-point certification process, Phonecheck can analyze IMEI numbers and confirm if a device has been reported lost or stolen, was blacklisted or is subject to an insurance claim. This provides additional data points for Back Market sellers to continue improving quality and be successful on the marketplace.

“Phonecheck and Back Market have worked together for the last two years and we’re excited to extend our partnership given the increased adoption of IMEI standards,” said Jax Futrell, Chief Operating Officer at Phonecheck. “You wouldn’t purchase a car or home without a Carfax report or home appraisal. At Phonecheck, we believe the same should apply for any used device purchase.”

“Refurbished device sales have been booming, but quality still remains a top concern. Our goal is to give consumers no factual reason to buy new. Services like Phonecheck increase assurance even further to create airtight trust,” said Lauren Benton, U.S. General Manager at Back Market. “The Phonecheck partnership also provides additional quality data points to our sellers. With sellers now required to provide IMEI numbers, this is a perfect time to start leveraging these metrics and reports.”

Keeping devices in circulation through repair and refurbishment combats rising e-waste levels, expected to hit 120 million tons by 2050. This is, in part, due to the fact that Americans discard 416,000 cell phones every day. Back Market and Phonecheck are proud to be redefining the way we consume our tech, adding value to the renewed market. Newly released data further quantifies the impact of refurbished electronics versus new.

Back Market’s recent Series E round valuing the company at $5.7 billion highlights the growth of the refurbished electronics industry. As the industry continues to grow, so will the need for quality assurance. The strong alliance between industry leaders will infuse even more trust into transactions between buyers and sellers.

To learn more about selling on Back Market, visit here. For more on Phonecheck Certification for pre-owned devices, visit www.phonecheck.com

About Phonecheck

Phonecheck is on a mission to build trust between buyers and sellers of used mobile devices. With its 80-point certification, ADISA-certified data-wipe process and complete Device History Report for iOS and Android, Phonecheck is trusted by leading global marketplaces and enterprise processors like eBay, Back Market, Foxconn and Brightstar to certify used devices at scale. With Phonecheck Certified, buyers can shop with confidence, backed by Phonecheck’s guarantee. Avoid costly hidden problems with a Phonecheck Device History Report. To learn more, visit www.phonecheck.com

About Back Market

Launched in 2014 by Thibaud Hug de Larauze, Quentin Le Brouster, and Vianney Vaute, Back Market is the leading dedicated renewed tech marketplace. The company brings high-quality professionally refurbished electronic devices and appliances to customers in 16 countries (including the United States, France, Germany, the United Kingdom, Italy, Spain, Belgium, Austria, the Netherlands and, more recently, Portugal, Japan, Finland, Ireland, Greece, Slovakia and Sweden). It employs a team of 650 employees and counting across its five offices located in New York, Berlin, Paris, Bordeaux and Barcelona.

Press Contact: 
Laura Homar
media@phonecheck.com

Related Images

Image 1: Phonecheck

Phonecheck is on a mission to build trust between buyers and sellers of used devices.

Image 2: Back Market

Back Market is a leading dedicated renewed tech marketplace.

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Zoom ประกาศถึงฟีเจอร์ทางการศึกษาใหม่ ซึ่งยกระดับประสบการณ์การเรียนรู้แบบผสมผสานสำหรับนักการศึกษาและนักเรียน

Zoom ตอบสนองต่อคำขอของนักการศึกษาด้วยการเปิดตัวการสนับสนุนพื้นหลังเสมือนสำหรับ Chromebook, ข้อความวิดีโอใน Zoom Chat, การปรับปรุงห้องกลุ่มย่อย และ Anywhere Polls

SAN JOSE, Calif., April 12, 2022 (GLOBE NEWSWIRE) — Zoom Video Communications, Inc. (NASDAQ: ZM)ได้มีการประกาศในวันนี้ที่การประชุมระดับชาติ CoSN2022 เกี่ยวกับฟีเจอร์ใหม่สำหรับการศึกษาเพื่อตอบสนองต่อการร้องขอจากครูและผู้บริหาร ฟีเจอร์เหล่านี้ครอบคลุมถึงข้อเสนอทางการแชทและการประชุมของ Zoom และได้รับการออกแบบมาเพื่อสนับสนุนครูที่ต้องการมีส่วนร่วมและจัดการนักเรียนที่เข้าร่วมชั้นเรียนทางไกลหรือส่งการบ้าน

พื้นหลังเสมือนจริงและภาพเบลอสำหรับ Chromebook
Chromebook เป็นตัวเลือกยอดนิยมสำหรับนักเรียนและครู พื้นหลังเสมือนจริงและภาพเบลอ พร้อมให้ใช้งานแล้วสำหรับผู้ใช้ Zoom สำหรับ Chrome Progressive Web Application (PWA) Zoom ได้พัฒนาความสามารถนี้หลังจากได้รับการร้องขอจากลูกค้าในด้านการศึกษาหลายราย รวมถึง Clayton County Public Schools ซึ่งเป็นหนึ่งใน 100 เขตการศึกษาที่ใหญ่ที่สุดในสหรัฐอเมริกา โดยให้บริการนักเรียนมากกว่า 52,000 คนในรัฐจอร์เจีย

“พื้นหลังเสมือนและภาพเบลอสำหรับ Chromebook เป็นประโยชน์อย่างยิ่งต่อนักเรียนและครูของเรา นักเรียนหลายคนลังเลที่จะเปิดกล้องก่อนที่ฟีเจอร์นี้จะได้รับการปรับปรุง” Rod Smith ประธานเจ้าหน้าที่ฝ่ายเทคโนโลยีของ Clayton County Public Schools กล่าว

การปรับปรุงห้องกลุ่มย่อย
ห้องกลุ่มย่อย ซึ่งเป็นฟีเจอร์ด้านการศึกษาที่ได้รับความนิยม ยังได้รับการปรับปรุงในรุ่นล่าสุดนี้ด้วย โปรแกรมเสียงช่วยให้ผู้จัดการประชุมสามารถแชร์เนื้อหาพร้อมเสียงไปยังห้องกลุ่มย่อยได้ ซึ่งเพิ่มความสามารถในการแชร์วิดีโอพร้อมด้วยเสียง ด้วย การปรับปรุงการบูรณาการ LTI Pro นักการศึกษาสามารถเติมข้อมูลห้องกลุ่มย่อยจากรายชื่อหลักสูตรได้ ซึ่งสามารถใช้เพื่อกำหนดห้องกลุ่มย่อยล่วงหน้า จากนั้นจะจัดเรียงนักเรียนในห้องกลุ่มย่อยโดยอัตโนมัติ

ฟีเจอร์เพิ่มเติมสำหรับแชทและห้องรอ
ฟีเจอร์ใหม่อื่นๆ รวมถึงการส่งข้อความเสียงและวิดีโอไปยัง Zoom Chat และความสามารถในการเปลี่ยนชื่อผู้เข้าร่วมในห้องรอ วิดีโอแบบอะซิงโครนัสช่วยให้ผู้ใช้มีเวลาพิจารณาคำตอบแล้วบันทึกตามความต้องการ เพื่อให้สามารถสร้างคำตอบขึ้นมาได้อย่างรอบคอบ ผู้ใช้สามารถคลิก “วิดีโอ” ที่ด้านล่างของโปรแกรมแชทและบันทึกข้อความวิดีโอได้สูงสุด 3 นาทีที่ส่งไปยังช่องทางแชทนอกการประชุมโดยตรง ซึ่งมีประโยชน์ในสถานการณ์ต่างๆ เช่น นักเรียนที่ส่งงานวิดีโอสั้นๆ การเปลี่ยนชื่อผู้เข้าร่วมก่อนเข้าร่วมการประชุมอาจเป็นประโยชน์สำหรับการเข้าร่วมประชุมในที่ที่นักเรียนอาจมีการใช้อุปกรณ์ร่วมกัน เพื่อการสร้างกลุ่มนักเรียนที่ไม่ระบุชื่อ หรือเพื่อยืนยันอัตลักษณ์ทางเพศ

Anywhere Polls
Anywhere Polls จะอนุญาตให้เนื้อหาการสำรวจความคิดเห็นอยู่ในที่คลังส่วนกลางที่สามารถเข้าถึงได้จากการประชุมต่างๆ ในบัญชี แทนที่จะเชื่อมโยงกับการประชุมเฉพาะ ซึ่งจะทำให้ผู้สอนสามารถนำแบบสำรวจมาใช้ซ้ำได้ง่ายขึ้น และจะเป็นประโยชน์ต่อการให้คะแนนด้วย ฟีเจอร์นี้จะพร้อมใช้งานเร็วๆ นี้

“เรากำลังมองไปข้างหน้าเพื่อฟีเจอร์ Anywhere Polls,” John J. “Ski” Sygielski, กศ.ด., ประธานและซีอีโอของ HACC, Central Pennsylvania’s Community College กล่าว “การปรับปรุงการสำรวจความคิดเห็นจะทำให้นักศึกษากลุ่มใหญ่สามารถให้ข้อเสนอแนะได้ง่ายยิ่งขึ้นทั่วทั้งวิทยาลัย ซึ่งผู้สอนจะสามารถทำสำเนาเนื้อหาสำหรับแต่ละหลักสูตรได้ง่ายกว่าที่เคย”

Johann Zimmern หัวหน้าฝ่ายกลยุทธ์ทางการศึกษาระดับโลกของ Zoom กล่าวว่า “การมอบความสุขให้กับลูกค้าคือหัวใจสำคัญของสิ่งที่เราทำที่ Zoom” “เราทำงานอย่างใกล้ชิดกับลูกค้าระดับ K-12 และการศึกษาระดับอุดมศึกษาทั่วโลก โดยคำนึงถึงคำขอและความต้องการของพวกเขาในการพัฒนาฟีเจอร์ ด้วยเหตุนี้ Zoom จึงได้พัฒนาฟีเจอร์ใหม่ที่น่าตื่นเต้นสำหรับการศึกษา”

สำหรับรายละเอียดเพิ่มเติมเกี่ยวกับฟีเจอร์ทางการศึกษาใหม่ของ Zoom โปรดดูที่บล็อกของเราที่นี่

เกี่ยวกับ Zoom
Zoom เหมาะสำหรับคุณ Zoom เป็นพื้นที่ที่คุณสามารถเชื่อมต่อกับผู้อื่น แบ่งปันความคิด วางแผน และสร้างอนาคตที่ถูกจำกัดด้วยจินตนาการของคุณเท่านั้น แพลตฟอร์มการสื่อสารที่ราบรื่นของเราเป็นเพียงแพลตฟอร์มเดียวที่เริ่มต้นด้วยการมีวิดีโอเป็นรากฐาน และเราได้เป็นผู้กำหนดมาตรฐานสำหรับนวัตกรรมนับตั้งแต่นั้นเป็นต้นมา เราจึงเป็นตัวเลือกที่ใช้งานง่าย ปรับขนาดได้ และปลอดภัยสำหรับทั้งองค์กรขนาดใหญ่ ธุรกิจขนาดเล็ก และบุคคลทั่วไป Zoom ก่อตั้งขึ้นในปี 2011 มีการซื้อขายต่อสาธารณะ (NASDAQ:ZM) และมีสำนักงานใหญ่ในซานโฮเซ่ รัฐแคลิฟอร์เนีย เยี่ยมชม zoom.com และติดตาม @zoom

ฝ่ายประชาสัมพันธ์ของ Zoom
Beth McLaughlin
เจ้าหน้าที่ฝ่ายประชาสัมพันธ์
press@zoom.us

Hong Kong police are ‘weaponizing’ the law against outspoken media mogul: lawyers

Lawyers for jailed pro-democracy media magnate Jimmy Lai, who is awaiting trial under a draconian national security law, have called on the United Nations to investigate the multiple criminal cases against him.

Lai’s legal team led by Caoilfhionn Gallagher at Doughty Street Chambers filed an urgent appeal over “legal harassment” against him, saying he had been jailed simply for exercising his right to freedom of expression and assembly and the right to peaceful protest.

The 74-year-old founder of the now-defunct Next Media empire, whose flagship Apple Daily newspaper was forced to close amid an investigation by the national security police, has been repeatedly targeted by the Hong Kong authorities, the firm said in a statement on its website.

“Hong Kong authorities have repeatedly targeted Mr Lai, … and this has intensified since the passing of the controversial National Security Law in 2020,” it said.

It said Lai faces a “barrage” of legal cases, including four separate criminal prosecutions arising from his attendance at and participation in various protests in Hong Kong between 2019-2020, including most recently in relation to his participation in a vigil marking the 1989 Tiananmen massacre in Beijing, for which he received a 13-month prison sentence.

He is currently serving concurrent prison sentences in relation to all four protest cases, while awaiting trial for “collusion with foreign powers” and “sedition” in relation to editorials published in Apple Daily.

The appeal calls on the United Nations to consider all of the cases against Lai “as they constitute prosecutorial, judicial and legal harassment of Mr. Lai, because of his advocacy of democracy and the rights to protest and freedom of expression in Hong Kong,” it said.

“The appeal also highlights intimidatory tactics used against Mr. Lai’s lawyers, which raise further concerns,” the statement said.

Lai’s son Sebastien Lai welcomed the move.

“My dad’s trials are piling up with no end in sight,” he said. “The CCP [Chinese Communist Party] may have swapped their guns for a gavel. But with patience, a gavel can do as much damage, and make much less noise.”

“I urge the United Nations Special Rapporteurs to investigate what the CCP through the Hong Kong government is doing to my father and dozens of other brave Hong Kongers.”

Gallagher said the cases against Lai are “spurious,” and that Lai could spend the rest of his life in prison simply for speaking out to defend Hong Kong’s freedoms.

“[The] appeal details how the Hong Kong and Chinese authorities are weaponizing the law against him – using the pretext of national security and a range of legal measures not only to silence and punish him for expressing his views, but also to deter others from doing the same,” she said.

The Hong Kong national security police said the allegations were “groundless,” and that the national security law “safeguards … many rights and freedoms.”

Lai has been in Stanley Prison for nearly 18 months.

The appeal came as Hong Kong activist Max Chung pleaded guilty to “organizing an unauthorized assembly” in Yuen Long in protest at an attack by white-clad mobsters wielding sticks on passers-by and passengers in the Yuen Long MTR station on July 21, 2019.

He was convicted by District Court judge Amanda Woodcock on April 11.

Some 288,000 protesters went to Yuen Long on the day of the protest, which drew widespread public anger against the police, who didn’t respond to multiple emergency calls from the scene until nearly 40 minutes had elapsed.

Translated and edited by Luisetta Mudie.

GRAID Technology Named Startup Challenge Winner by AFCOM Data Center World

GRAID SupremeRAID™ cutting-edge NVMe RAID continues to disrupt the global storage industry as winner of two categories: ‘Most Disruptive Technology’ and ‘Best Ability to Gain Additional Capital’

GRAID Wins Two of Four Categories at DCW 2022 Startup Challenge

SANTA CLARA, Calif., April 12, 2022 (GLOBE NEWSWIRE) — GRAID Technology, the world’s first NVMe RAID to eliminate the traditional RAID bottleneck and unlock the full potential of enterprise SSD performance, today announces that it has been named a winner of two categories in the second annual Data Center Startup Challenge by Data Center World, the leading global conference for data center facilities and IT professionals.

GRAID SupremeRAID™ was named winner of two categories: “Most Disruptive Technology” and “Best Ability to Gain Additional Capital.” The contest pitted data center technology startups against each other live on stage at Data Center World where they each presented a 10-minute elevator pitch and answered questions from the judges.

“We are honored to be named a Data Center World Startup Challenge winner,” said Leander Yu, CEO of GRAID Technology. “GRAID SupremeRAID™ is quickly becoming the data protection solution of choice for Tier One OEMs and data centers worldwide. Our innovative solution provides the speed, ease of use, flexibility and TCO the market demands for the future of high-performance workloads in data centers.”

Tara Gibb, Senior Director, Data Center World, said, “Congratulations to GRAID for their outstanding presentation about SupremeRAID™. We are committed to helping entrepreneurial brands enter the data center marketplace and this contest helped them refine their pitches. Our judges believe that GRAID SupremeRAID™ will have a direct impact on the data center industry. We congratulate them on their win and wish them the best of luck and look forward to watching their success.”

The Data Center Startup Challenge was judged by a panel of industry thought leaders from the market research, editorial, and investment communities, including:

— Andrea Munoz, Senior Vice President, Operations & Customer Success, CyrusOne
— Moises Levy, Ph.D., Principal Analyst, Data Center Physical Infrastructure, Omdia
— Michael Maniscalco, EVP of Technology, Applied Blockchain Inc.

For additional information on GRAID SupremeRAID™, visit graidtech.com. For additional information on the Data Center Startup Challenge, click here.

About GRAID Technology 

GRAID Technology is headquartered in Silicon Valley, California, with an office in Ontario, California, and an R&D center in Taipei, Taiwan. Named one of the Ten Hottest Data Storage Startups of 2021 by CRN, GRAID SupremeRAID™ performance is breaking world records as the first NVMe and NVMeoF RAID card to unlock the full potential of your SSD performance: a single SupremeRAID™ card delivers 16 million IOPS and 110GB/s of throughput. For more info, call 1-800-GRAID-10 and connect with us on Twitter or LinkedIn.

Additional Resources:

Media Contact
Andrea Eaken (PR/Marketing)
andrea.eaken@graidtech.com
1-800-GRAID-10

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Image 1: GRAID Wins Two of Four Categories at DCW 2022 Startup Challenge

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FloQast Announces Account Reconciliation Management Solution To Increase Financial Close Velocity, Reduce Audit Burden, and Improve Accountants’ Work-Life Balance

Pairs new Reconciling Items feature with current capabilities, empowering accounting teams to manage account reconciliations with greater automation, visibility, cross-team collaboration, and centralized documentation

LOS ANGELES, April 12, 2022 (GLOBE NEWSWIRE) — Today, FloQast, a provider of accounting workflow automation software created by accountants for accountants, introduced a new Reconciling Items feature and debuted an enhanced version of its Reconciliation Management Solution. Reconciling Items combines with FloQast’s Tracking, AutoRec Matching, and Amortization to manage the account reconciliation process, from strategy and execution to audit readiness. Currently, more than half of all accountants report that they are still using manual methods to support their account reconciliation processes, leading to increased errors, delayed Financial Close, and a growing workload burden that adds even more stress to an already busy accounting team.

FloQast Reconciliation Management is an advanced workflow automation solution that works with FloQast Close to deliver end-to-end account reconciliation management. It is designed for high-growth scaling, pre-IPO, and enterprise-sized organizations that want to drive increased financial velocity and accuracy of the Financial Close while managing the risk of misstatement.

“FloQast Reconciliation Management is a game-changer for managing our month-end reconciliations,” said Sarah Rooney, Senior Accountant at Twilio. “Since starting at Twilio, I have been using the AutoRec Matching feature for my bank accounts, AutoRec Amortization for reconciling our prepaid accounts, and Reconciling Items feature to have all the information at one source. FloQast Reconciliation Management gives managers and leadership greater visibility of balance sheet risk.”

“As a company created by accountants, for accountants, we understand how much reconciliations impact the timing of the Financial Close and how they add to the audit burden,” said Mike Whitmire, co-founder and CEO at FloQast, inactive CPA. “We created Reconciling Items to give our customers a way to manage timing or unknown errors as they reconcile accounts. With FloQast, Controllers and their teams can manage the entire reconciliation process from strategy to execution, with choice on the ‘how’ to perform reconciliations and greater real-time visibility into the impact on the Financial Close.”

FloQast Reconciliation Management takes a holistic approach to reconciliations and allows accountants to:

  • Standardize account reconciliation strategy and process to reduce compliance risk. Controllers can now customize each account’s overall strategy and process by looking at the type of account, transaction volumes, level of risk, and reliance on third-party data.
  • Choose the most effective account reconciliation method. All reconciliations are not equal. FloQast Reconciliation Management gives accounting teams more flexibility in choosing the most effective reconciliation method for each account, from supporting manual reviews in a spreadsheet to full automation leveraging FloQast’s AI-driven Matching and Amortization.
  • Automatically track reconciliations that don’t tie out. FloQast’s new Reconciling Items feature tracks timing or unknown errors and ensures that all reconciling items are recorded, tracked, and managed in one place. Accountants now have greater visibility into the age and materiality of each reconciling item, together with a documented audit trail of resolution.
  • Collaborate and manage reconciliations to a faster close. FloQast Reconciliation Management provides a dashboard that drives greater cross-team collaboration with a summary view of all preparers and reviewers and a real-time progress and status of all account reconciliations. At any time, teams can see the impact of reconciliations on the timing of the Financial Close.
  • Capture at-the-source controls and documentation for greater audit readiness. Accounting teams can now capture all evidence to support the audit through the entire reconciliation process. FloQast decreases the audit burden on accounting teams while keeping auditors happy through centralized and organized audit evidence for reconciliations.

A 2021 FloQast customer survey showed that customers who used FloQast Reconciliation Management combined with FloQast Close experienced a 31% reduction in the time to perform reconciliations. This improved workflow efficiency means accounting teams can now spend more time focusing on tasks strategic to the business.

For more information on FloQast Reconciliation Management:

About FloQast
FloQast delivers workflow automation software enabling organizations to operationalize accounting excellence. Trusted by more than 1,500 accounting teams – including Twilio, Coinbase, Los Angeles Lakers, Zoom, and Snowflake – FloQast was built by accountants, for accountants to enhance the way accounting teams work. FloQast enables customers to streamline processes such as automated reconciliations, documentation requests, and other workflows that impact the month-end close, financial reporting, and payroll, and is consistently rated #1 across all user review sites. Learn more at FloQast.com.

Contact
Kyle Cabodi
FloQast Director of Corporate Communications
kyle.cabodi@floqast.com

ACT Expands Global Presence with New Singapore Office, Providing Market-Based Sustainability Solutions to More Companies in the Asia Pacific Region

Firm will bring more than a decade of experience in environmental services, along with an extensive portfolio of products and solutions, to help companies throughout Asia achieve their climate action goals

SINGAPORE, April 12, 2022 (GLOBE NEWSWIRE) — ACT, the leading provider of market-based sustainability solutions, today announced the opening of its new office in Singapore. Coupled with its Shanghai office, ACT can help more companies in the Asia Pacific region take climate action and achieve their sustainability goals.

Known internationally for its economic importance and proximity to the fast-growing Asian-Pacific markets, Singapore is the ideal location for ACT as it expands across the continent. With five offices around the world, including New York City, Amsterdam and Paris, ACT is uniquely positioned to help companies in Asia navigate the sustainability market and achieve their carbon reduction objectives.

ACT’s expansion comes at a critical moment as just this past November, the 21 member countries of the Asia-Pacific Economic Cooperation (APEC) pledged to address climate change and environmental challenges in the region – where 70 percent of all climate-induced natural disasters occur.

“Climate change is a global problem, and in order to properly address this crisis it is crucial for ACT to continue to expand its global footprint and have a presence in even more regions of the world,” said Federico Di Credico, Managing Director, Asia Pacific at ACT. “Throughout Asia, companies are acknowledging climate change and investing the time and resources required to combat it. With the Singapore location, ACT strengthens its position as an important partner in helping fight climate change in this region – which we expect to be one of the biggest sources of carbon reduction in the world.”

ACT is active in four key markets, including renewable energy, emissions, energy efficiency and renewable fuels & feedstock. It offers a number of services to help companies reduce their carbon footprint, including:

  • Client Education and Knowledge Sharing: Strong regulatory advisory capabilities enable ACT to guide clients through selection, execution, and settlement processes based on their specific regional requirements.
  • Strategic Sourcing and Solution Discovery: With a team of global experts across 40 countries, clients enjoy tailor-made solutions that meet their specific needs.
  • Project Development: Through design and development of original carbon credits projects, ACT helps partners accelerate their climate action with new technologies and innovative carbon reduction and removal projects.
  • Market Research and Transaction Structuring: ACT continuously monitors regulatory trends and developments, customizing market offerings to reflect them. Clients also have access to the latest findings from ACT’s research and development team.
  • Relationship Management and Communication Support: ACT keeps its broad network of clients abreast of relevant trends and market changes, helping them create the best strategies for communicating their efforts and achievements to stakeholders.
  • Ecological Transition Financing: ACT helps its clients reduce energy consumption and supports financing energy savings along with energy efficiency initiatives. It also helps organizations in the French market facilitate their ecological transition.

In each of its global offices, ACT prioritizes hiring locally, and is planning to create several new job opportunities in Singapore by the end of the year.

“Another aspect about Singapore that excites us, and led to our expansion here, is the quality of local talent within the market,” said Di Credico. “We pride ourselves on hiring bright, passionate changemakers, and there is no shortage of those in Singapore.”

In Asia, ACT aims to replicate the success of recent client engagements with global Fortune 500 companies, including its recently announced carbon reduction work as part of Microsoft’s $1 billion climate innovation fund. To date, through carbon credit sourcing, ACT has helped offset 473 million metric tonnes of carbon dioxide – equal to 40% of the yearly carbon removal by the Amazon rainforest. With the energy efficiency certificates sourced, it has saved 217 Terawatt-hours (TWh) of electricity, which is equivalent to the energy usage of 15 million European households in 2019. It has also supplied 720 TWh of renewable electricity, equal to almost 20% of U.S. electricity consumption in 2020.

ACT’s Singapore office is located at 5 Shenton Way, UIC Building, #10/11-01, Singapore 068808.

For more information about ACT, visit www.actcommodities.com.

About ACT

ACT is the world’s leading provider of market-based sustainability solutions. Since 2009, ACT has been a reliable partner for high-impact carbon projects, energy efficiency projects and certificates, experts in renewable electricity and gas markets, renewable fuels, and emission allowances. ACT delivers tailor-made solutions backed by extensive market knowledge globally. In shaping environmental markets, ACT enables its partners to pursue sustainable futures.

Media Contact: Jon Keller, jon@propllr.com