PSA International has entered into a Memorandum of Understanding (MoU) with the RHT Group of Companies (RHT) to explore co-creation and investment in Environmental, Social, and Governance (ESG) digital assets solutions to further advance the goals of decarbonisation in ports and supply chains.
The MoU underscores PSA’s interest to partner industry and technology players that can drive progress across the ESG factors facing its business and is aligned with PSA International’s strategic priority to transform supply chains while driving sustainable value creation. Both parties will jointly ideate and explore collaboration on potential ESG products and solutions that serve PSA’s identified priorities and have a positive impact on global decarbonisation efforts.
The collaboration will also be augmented by PSA’s corporate venture capital arm, PSA unboXed, which would add capability by engaging startups involved in projects and initiatives.
Head of Group Commercial & Supply Chain Sustainability Solutions Eddy Ng said, “We believe that the ESG aspect of our business is measured by what we can do to make a positive impact. This MoU supports PSA’s ongoing commitment towards building a more sustainable port and supply chain ecosystem. In this collaboration, we will draw on our collective expertise to further PSA sustainability initiatives for supply chain partners and users.”
Source : PSA