San Francisco California, 29 January 2019

To mark ground-breaking investments in global sustainable innovation, the Cleantech Group has named Tencent its 2018 Asia Pacific Corporation of the Year.  The Cleantech Group looked at the 12 months from 1 July 2017 to 20 June 2018 to find an Asian corporate that stood out to its analysts for any combination of audacity or novelty, impressive execution or the syndicate quality, or the pioneering and example-setting nature of the decisions.

The award highlights a series of significant investments made by Tencent:

• Next-gen transportation and logistics companies including Lilium, Manbang, Marble and Ola, building on past investment in companies such as Didi, Go-Jek, Mobike, Tesla, NIO, and WM Motor.
• The emergence of wider interests in the future of digitized industrial systems, exemplified by investment in AI and Robotics companies, air quality (Clarity), and the future of sustainable food (Boost Biomes, Clear Labs, and Phytech).

Richard Youngman, CEO of Cleantech Group, provides context: “The award recognizes the increasing importance of Asia in the trajectory of global sustainable innovation, as a source of innovation, as a market hungry for sustainable solutions and as a source of strategic capital.”

The award forms part of the series Cleantech Group has been running since 2002 to celebrate the achievements of companies, investors and individuals.

About Cleantech Group

Cleantech® Group provides research, consulting and events to catalyze opportunities for sustainable growth powered by innovation. At every stage from initial strategy to final deals, we bring corporate change makers, investors, governments and stakeholders from across the ecosystem the access and customized support they need to thrive in a more digitized, de-carbonized and resource-efficient future.

The company was established in 2002 and is headquartered in San Francisco with a growing international presence in London. Our parent company, Enovation Partners, is based in Chicago.