AVPN Global Conference 2023 | 20 - 22 June 2023

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        • About AVPN

          Who We Are

          We are a leading ecosystem builder that is increasing the flow of financial, human, and intellectual capital from Asia and around the world into the social sector in Asia. We provide a network of peers, rigorous learning programmes, and innovative capital mobilization opportunities that make sure resources are more effectively deployed.

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          Highlights of the week

          Accelerating Impact with Catalytic Capital

          Asia sees a growing number of untapped opportunities to support underserved populations, early-stage innovations, and underfunded sectors.

          Trust-Based Philanthropy

          In the face of increasingly complex and, sometimes rapidly, changing needs on the ground, it is crucial to take a step back and reconsider the status quo.

          APAC Sustainability Seed Fund 2.0

          By leveraging the success of the first round of the APAC Sustainability Seed Fund, AVPN continues to mobilise continuum of capital into supporting climate solutions in the region.

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          Atoot: Sports for Development (S4D) Programmes for Holistic Development of Girls in Nepal

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          ReCircle: A Clean-tech Innovator on a mission to Create a Circular Economy

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          Banka Bio: Sustainable solutions for WaSH needs in India

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          Fair Employment Foundation: Transforming Recruitment System for Migrant Workers in Asia Pacific

          Employability, Financial Inclusion, Gender, Livelihood and Poverty Alleviation

          Cool Australia: Supporting Educators Globally through Cool+

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          HOT-Open Mapping Hub (Asia- Pacific): Transforming Disaster Response, Humanitarian Action and Community Development through Open Source Technologies and Maps

          Climate Action and Environment, Gender, Livelihood and Poverty Alleviation

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          Upcoming Signature Events

          AVPN Global Conference 2024

          As AVPN counts down to the 12th edition of the Annual Global Conference, which will take place against the backdrop of a world in great flux, it is imperative that we provide the social investment community with the most extensive opportunity yet, to learn, connect, and unite in action for Asia.

          23 April 2024

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          25 April 2024

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          Nominations for the 2024 Yidan Prize

          31 March 2024

          AVPN Monthly Member Meet-ups in Bangkok

          29 February 2024

          Regular Event

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Sheco: Marine Recovery Robot for Ocean Environment Clean-up

Sheco has developed a robot for marine recovery and water purification to clean floating contaminants, allowing marine businesses and organisations to easily manage contaminated water at their sites.

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Sheco

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Social causes

Beneficiaries

SDGs covered

Endorsed by

MYSC (Merry Year Social Company)

MYSC is a leading social innovation consultancy & impact investor working mainly in Korea through impact network and partnership.
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Market of Implementation

  • South Korea

Problem

All water pollution accidents have one thing in common: a massive amount of manual work. Marine businesses and organisations are currently manually cleaning their water sites of contaminants such as algae, bulk dust and microplastics. The inefficient manual work involved creates problems of excessive carbon emissions and industrial accidents. Regulations to curb this problem in the market have been inadequate.




In South Korea alone, in the case of oil spill accidents, there are 270 cases annually, with 530,000 litres of oil split. Around the world, the rate of accidents happens 150 times more frequently.




Currently, more than 90% of oil spill accidents are small-scale, and inefficient manual work of using absorbent pads for more than 200 days is repeated every year. However, there are no lightweight and automated products on the market to resolve small-scale accidents. The South Korean Government possesses many oil skimmers to respond to large-scale accidents of national concern, but not for actual small-scale accidents.




At Sheco, we are filling in the gap for small-scale spill accidents.

Solution

We at Sheco, as a marine environment technology company, have developed the "Sheco Ark", a unique automated robot model that is able to enter both traditional oil skimming and oil absorption markets at once. We believe it can replace traditional marine recovery equipment for oil spill accidents, which has not seen much innovation in the recent decades.




In addition to product sales, rental, and recovery services, the components of the Sheco Ark are modular. This allows us to sell the built-in technologies such as the oil-water separation filter, marine drones and driving control software as separate products.




Our overall mission and growth strategy is to use the additional technologies from our Sheco Ark series at oil spill sites, and our aim is to remove all floating contaminants in the ocean and for marine-based businesses.




For more information on our solution, do refer to our Slide Deck.

Type of Carbon Reduced/Sequestered

CO2 (Carbon Dioxide)

Amount of Carbon Dioxide Equivalent Avoided/Sequestered

5800T/year

Means of Measurement

Obtain the coefficient of carbon emission from the incineration of oil absorbents and waste (carbon emission calculation method of the IPCC).

After that, measure the amount of absorbed oil per absorbent pad based on data (the amount of oil spills and absorbent pads used per year, statistics from the KCG). And, calculating by its coefficient, get 3.809T of carbon emissions from incinerating 1T of used absorbent pads, which is about 14,582T per year. Thus, at least 5,800T(40% of total) can be reduced.

Project’s Environment & Climate Capability

Climate Risk Reduction

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