Jeevan says one of the biggest challenges BidMyAsset faces is attracting talent that aligns with its vision.BidMyAsset supports businesses in adopting circular economy principles in which assets are reused, recycled or repurposed, rather than discarded, which aligns with the goal of achieving carbon neutrality by 2050, its co-founder, Jeevan Muniandy, said.
On opportunities for companies to implement sustainability, he highlighted the possibility of getting data that can be processed into getting a good rating when companies dispose of unused or not-in-use assets, which will help in environmental, social and governance reporting. Jeevan said BidMyAsset aims to assist other companies in assessing their carbon footprint, a need some companies may not be aware of. This assistance helps them understand the environmental benefits they can achieve by selling or extending the life of their existing assets.