OSKVI invests in Singapore waste management solutions company
By Digital News Asia January 21, 2019
- Has vertically integrated offerings across the waste management value chain
- Will continue to acquire technologies to manage organic and inorganic waste streams
OSK Ventures International Bhd (OSKVI), announced its investment into Blue Planet Environmental Solutions (Blue Planet), a regional waste management company headquartered in Singapore focusing on technology-driven end-to-end waste solutions.
Blue Planet has vertically integrated offerings across the waste management value chain.
With this investment from OSKVI, it will continue to acquire innovative technologies to manage both organic and inorganic waste streams that are tailored to the region’s specific requirements.
This includes solutions to convert thin-film plastic waste into commercial use diesel, and processing municipal grade organic waste into compost and biogas.
The company provides a wide spectrum of waste management solutions across the lifecycle of waste, from collection to resource recovery and upcycling, in order to achieve its ‘zero waste to landfill’ policy.
OSKVI chief operating officer Patrick Yee, said, “We are very excited about our investment into the green technology sector. With Blue Planet’s proven technology and significant track record in delivering viable solutions in the waste management platform, we look forward to growing with them and at the same time, being able to contribute towards greater social impact especially with regards to the environment.”
Blue Planet founder and chief executive officer Prashant Singh, added, “We are delighted to have OSKVI partner with us as we continue to grow our business in the region. Sustainability is at the very core of our business and we look forward to helping companies develop sustainable solutions to manage their waste effectively.”
Blue Planet’s integration of sustainability metrics in its operations enables it to enhance existing processes in the waste management industry and add significant commercial value.
The company adopts the Triple Bottom Line ethos of ‘People, Planet, Prosperity’ throughout its operations and is focused on the robust reporting of its Environmental, Social and Governance aspects and performance.
The company’s operations and reporting process are also aligned with the United Nations’ Sustainable Development Goals, a set of development targets by 2030 adopted by member nations, and the 10 principles of the United National Global Compact.
Listed on Bursa Malaysia, OSKVI is a Malaysia-based private equity company that provides equity capital to companies ranging from revenue generating startups to late stage SMEs.
Since its establishment in 2000, OSKVI has nurtured multiple companies to trade sales and initial public offerings.