KUALA LUMPUR, Sept 6 — SEDANIA Innovator Bhd (SEDANIA), through its subsidiary SEDANIA Technologies Sdn Bhd, has inked a contract with Pos Malaysia to reduce energy consumption on a shared-savings concept.
SEDANIA’s chief executive officer Daniel Ruppert said the latest venture marked an important milestone for SEDANIA as the company expands its GreenTech solutions into the logistics and supply chain industry.
“We are looking forward to helping Pos Malaysia to reduce its operating costs and achieve its energy sustainability goals.
“As our model is non-disruptive to operations or finance, we encourage other organizations to replicate similar initiatives and execute their green agenda today rather than tomorrow,” he said in a statement today.
According to the statement, SEDANIA will be providing its technology through its Energy Performance Contract framework which allows organizations to pursue their environmental, sustainable, and governance objectives and significantly reduce their energy consumptions on a zero-capital expenditure basis.
“The six-year contract represents the company’s entry into the supply chain sector, which has seen a substantial growth in the last 18 months due to the increase in online shopping,” it said.
It said according to reports, Pos Malaysia had shipped more than 6.7 million parcels in 2020 through its Pos Laju SendParcel service, which generated RM45.5 million in revenue.
SEDANIA said the contract would begin with the deployment of energy efficiency and renewable energy solutions at eight selected Pos Malaysia sites in the Klang Valley which is scheduled to start this year and be completed within three months.