TPIsoftware and Vietnam's Industry Leaders Sign Multilateral MOU to Strengthen Sustainability Initiatives

TAIPEI,Dec. 23, 2024/PRNewswire/ --Taiwan'ssoftware companyTPIsoftware(TWSE: 7781) and its partners are to sign a multilateral Memorandum of Understanding (MOU) to formalize the cross-border collaboration on facilitating greenhouse gases (GHGs) inventory with tech-driven solutions. The MOU signing will take place onDecember 26inHanoi, Vietnam, along with the product launch ofGreenSwift—an AI-driven carbon management platform by TPIsoftware.

The MOU sets forth a framework to strengthen the parties'Environmental, Social and Governance (ESG) commitment with enhanced regulatory compliance and transparency, enabling enterprise carbon disclosure for a decarbonized, sustainable future. Led by TPIsoftware andGlobal Green Innovation Technology (GGI., Technology),the MOU signing brings together government officials, the private sector and ESG experts inVietnamand will be witnessed byDr.Nguyen Kim Anh, ESG Advisory Expert and Senior Scientist at Institute of Geography, Vietnam Academy of Science and Technology,Tony Kuo,Founder and CEO of Katina Capital Partners,Mai Hoai An,Chairman of ITD Group,Phan Quoc Dzung,Vice Chairman cum General Director of Bao Long Insurance, andThomas Cheng, General Manager of ThinkTron Ltd.

Following the MOU signing, theGreenSwiftproduct launch focuses on a comprehensive, practical approach to achieving net zero through carbon management and inventory enabled by advanced AI technology. Keynote speakers feature representatives fromVietnam'sMinistry of Transportation and Ministry of Science and Technology, who will delve into the opportunities and ongoing challenges of climate action and environmental sustainability in the country. Additionally,Dr.Nguyen Kim Anhwill share an in-depth analysis of how ESG standards can be effectively implemented across industries inVietnam. The event will be followed by a product demonstration presented byDoVuong Phong, General Manager of TPIsoftware Vietnam, to showcase GreenSwift's key features. The carbon management platform adopts Generative AI to enable efficient GHG inventory, streamline reporting and ensure compliance with international standards.

Yilan Yeh, TPIsoftware's General Manager, said,"GreenSwift is a SaaS-based carbon management platform designed to measure carbon reduction and maximize their ESG efforts. It enables enterprises to reinforce their ESG strategies through streamlining GHG accounting, making their sustainability initiatives visible and impactful. We look to build a long-lasting cooperation with the local government, private sector and residents to realize their commitment to ESG goals."

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SOURCE TPIsoftware