RAM Holdings Berhad has entered into a commercial partnership with MVGX Tech and Carbon Rating Malaysia Sdn Bhd to strengthen its ESG rating capabilities.
MVGX is a leading carbon Software-as-a-Service company and has developed best-in-class carbon solutions for corporations, governments, and institutions while CRM is a management services company specialising in carbon management services and solutions for clients. Under the partnership, RAM will incorporate MVGX’s Decarbonisation Rating System into its sustainability services offerings, with customisations to suit local needs. CRM and RAM will jointly work together for the marketing and support of users of the solution.
The new decarbonisation rating solution from RAM, to be deployed online, will enable companies to measure their carbon emissions for Scope 1, 2 and 3, as well as effectively strategise their decarbonisation journey. RAM’s decarbonisation rating system leverages a proprietary methodology developed by MVGX, in consultation with TÜV SÜD, a leading ISO certification body. Companies will be objectively rated based on emission measurements in addition to other dimensions and are given a ranking along with a detailed rating report, which is then verified by TÜV SÜD.
We hope with this solution and our other sustainability services, RAM is able to support the realisation of Malaysia’s moonshot aspirations and net-zero goal by 2050”, said Chris W.K. Lee, Group CEO/Executive Director of RAM Holdings Bhd.
