HONG KONG, 5 June, 2023 – InnoBlock, a leading software development company, has announced its strategic partnership with TAXIECO, an innovative transportation technology platform, to further promote the development of sustainable transportation in Hong Kong. This collaboration aims to leverage the cost-effective vehicles’ sensors supported by TAXIECO and InnoBlock’s blockchain-enabled carbon management platform, TT GREEN^®, to enable enterprises to record, view, and analyze real-time emissions.

As part of this partnership, TAXIECO’s real-time fuel consumption data will be seamlessly integrated into the TT GREEN^® platform for carbon emission calculation, storage, and analysis. InnoBlock’s blockchain infrastructure ensures the credibility and traceability of the collected emissions data. The platform will also enable the generation of ESG reports that conform to various global standards, suitable for both publication and internal use.

Moreover, TT GREEN^®’s Eco Driver function offers carbon emission analysis and comparison, which could provide optimization suggestions for enterprises – by connecting with TAXIECO’s dashboard for fleet management, enterprises can optimize fuel consumption by analyzing drivers’ driving patterns, engine idle and loading, vehicle status, and more. This feature will help enterprises reduce their carbon footprint and improve their sustainability efforts.

Mr. C S Lau, CEO of TAXIECO: “By combining both parties’ expertise, we are dedicated to bring an effective and affordable ESG solution to the transportation and logistics industry. In addition to effectively tracking the carbon footprint of vehicles, we can also gain a full understanding of the impact of driving practices and operational efficiency on carbon emissions allowing us to effectively reduce carbon emissions and achieve sustainable development goals.”