MUFG, ESGpedia and Hitachi Asia Explore Strategic Collaboration
The Partnership aims to integrate ESG reporting, energy-efficiency solutions and sustainable financing for businesses across Asia Pacific.
MUFG Bank, ESGpedia and Hitachi Asia are set to explore a strategic collaboration to support businesses in advancing their sustainability efforts, decarbonization initiatives and access to sustainable finance across the Asia Pacific region.
The three companies will sign a memorandum of understanding (MOU) on 18 November 2026 during the Singapore FinTech Festival, held at Singapore EXPO, it says in a statement.
The proposed partnership aims to combine ESG data and reporting capabilities, building-level sustainability analytics, energy-efficiency technologies and financial solutions to provide businesses with a more integrated approach to their sustainability journeys.
Under the proposed collaboration, Hitachi Asia will contribute its sustainability assessment and analytics capabilities, including its SLEB Smart Hub platform. These solutions are designed to help businesses benchmark building performance, identify opportunities to improve energy efficiency and assess potential decarbonization measures. The initiatives could also support companies in achieving higher green building ratings.
ESGpedia will contribute its Asia-focused ESG reporting and carbon-accounting platform, while MUFG will bring its financial expertise and capabilities to the initiative.
By combining these complementary services, the three companies aim to develop a one-stop solution covering the entire sustainability process – from measuring greenhouse gas emissions and reporting against recognized standards to implementing and financing decarbonization improvements.
The collaboration is intended to provide a scalable approach that can serve businesses of different sizes across Asia Pacific. Initial efforts will focus on six markets: Singapore, Malaysia, Vietnam, Thailand, the Philippines and Indonesia.
The proposed initiative reflects the growing importance of integrated sustainability solutions that connect ESG transparency and performance measurement with practical decarbonization measures and financing.
Through the MOU, MUFG, ESGpedia and Hitachi Asia intend to explore how their respective expertise and technologies can help accelerate the region's transition towards a more sustainable and low-carbon economy.