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UOB and Keppel join for sustainability and digitalisation

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Picture of Meenal Datar

Meenal Datar

Membership specialist

Leading bank in Asia, UOB and global asset manager, Keppel have announced the signing of memorandums of understanding (MOU) to jointly develop and provide businesses across the region with sustainability and digitalisation solutions that will support decarbonisation

This collaboration brings together UOB’s sustainability and digital transformation financing solutions and tools and Keppel’s expertise in providing solutions in energy optimisation, sustainable asset enhancement solutions, connectivity and digitalisation. Together, the collaboration aims to simplify sustainability for businesses.

The collaboration will focus on solutions across:

  • Infrastructure: energy as a service (EaaS)
  • Built environment: sustainable urban renewal
  • Digitalisation and connectivity

Wee Ee Cheong, deputy chairman and CEO, UOB, says: ‘With both of our collective expertise across multiple sectors, we can help innovate and accelerate the adoption of sustainable practices starting from Singapore, and across the ASEAN region. This strategic partnership with Keppel will provide new pathways for companies across the region to become more sustainable and resilient. We believe this will support both businesses and end-users to contribute towards a low-carbon and digital economy.’

‘Tapping on Keppel’s decades of operating and engineering capabilities, Keppel is pleased to partner UOB to offer sustainability solutions which help companies address some of their most pressing needs in their sustainability and digitalisation journey. Together with UOB, we are able to offer end-to-end turnkey solutions that will accelerate the adoption of sustainable practices. We look forward to working closely with like-minded partners, such as UOB, as we lead the charge for a more sustainable future,’ adds Loh Chin Hua, CEO of Keppel.

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