TNG Digital has taken a significant step towards sustainability by launching a groundbreaking partnership with Arus Oil, marking the company's first venture into the circular economy.
By Digital News Asia September 9, 2024Encourage M’sians to recycle used cooking oil, earn rewards & positively impact the environment
Alan Ni, CEO of TNG Digital, shared, “We are excited to launch our first environmental, social, and governance partnership with Arus Oil, aimed at promoting recycling and sustainability. As the country’s leading eWallet, we believe our responsibilities extend beyond providing financial products and services. We are committed to building a comprehensive and sustainable ecosystem through our TNG eWallet platform, enhancing the overall well-being of our users and the environment.
Arus Oil, which began its oil collection efforts in 2017, has already collected 1,000 tonnes of UCO through designated collection points. Now, with TNG eWallet as its first eWallet partner, Arus Oil aims to streamline and simplify the recycling process and ensure that proceeds are credited directly to users’ eWallets in real-time.
4. Arus Oil will contact the user to arrange a pickup at their convenience, with a minimum pickup quantity of 5 kg.
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