BidMyAsset, a Malaysian-based online marketplace specializing in the second life of industrial assets, announced plans to develop an ESG-centric ecosystem aimed at repurposing assets in line with Malaysia’s goal of carbon neutrality by 2050.
The initiative includes asset appraisal, data analysis, on-site assessments, and online sales, all with a focus on reducing carbon emissions.
BidMyAsset
With the manufacturing sector contributing significantly to global carbon emissions, the company aims to reduce emissions by facilitating the repurposing of industrial equipment. Co-founder Jeevan Muniandy emphasized the company’s commitment to sustainability and its goal of reducing carbon emissions by 200,000 metric tonnes by 2030.
It offers services such as carbon footprint analysis and life cycle assessments to aid in sustainability efforts. With its experience and transparent approach, BidMyAsset serves as a bridge between buyers and sellers across various markets, focusing on maximizing client returns while promoting sustainability.
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