Data center operators can cut carbon costs through a subscription model with Singapore's Carbon Renewables Inter-Exchange instead of waiting for expensive renewable energy projects. The CIX partnership offers faster, cheaper carbon reductions and financial returns while companies work toward bigger sustainability goals.
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So maybe I start rolling.
Yeah, Jim, you go ahead.
Yeah, I think one of the low-hanging fruits for the organization here, especially when we're in the data centers, we actually work with a carbon-neutral party that does carbon exchange, and we work with them on a subscription basis. So basically, sometimes you can't have it all. Of course, you can still work on your different elements like using renewables or using carbon-neutral equipment, etc., or going into EVs. But in these days, to have a low and short runway so that you can so-called have more impact, right, and more returns, we do work with— there's an exchange known as CIX, Carbon Renewables Inter-Exchange is actually organized by the Singapore and DBS government.
Okay, thank you. Anybody else would like to add? Yeah, Aimée.
If I look at the question, when we use the word balance, sometimes it carries a little bit of a feeling that it's trying to compete between sustainability and cost.
Maybe this was the case much, much earlier, many years ago.