REXIT BERHAD

Malaysia | 0106.KL | ACE

By Sustify.world AI model | 2025-05-25
Rexit Berhad, an investment holding company, provides software solutions and related services for the general insurance and financial services industries in Malaysia, Hong Kong, and internationally. The company offers e-Cover, an online transaction portal; Agency Portal, a web based mobile responsive portal which provides comprehensive digital solution; and Integrated Insurance Management System, a customer-centric solution that covers key operational functions, such as product development, marketing, intermediary management, underwriting, policy management, reinsurance, claims, and payments and accounts. It also provides Electronic Pilihan Pelaburan Ahli system, an online system for the submission of investment and redemption applications, which are settled electronically using the Employees Provident Fund member's contributions. In addition, the company offers takaful solutions, a customer-centric e-cover online transaction portal that offered as a software as a service solution; InfoGuardian, an integrated workflow, case management, and document management system specially designed for the financial and legal services industries; and national health services solutions. Further, the company engages in the research, design, development, and sale of application software solutions, as well as related products and services; and offers software technical and consultancy services. Additionally, it provides shared and outsourcing services to insurance companies outside Malaysia, as well as eINSURANS gateway between the insurance companies in Malaysia and the JPJ. Rexit Berhad was founded in 1998 and is headquartered in Petaling Jaya, Malaysia.

Reference

Report Year: 2023
Source Files:

Sustainability Committee

No sustainability committee formed ⚠️

Reporting

Integrated Report, No specific framework mentioned ⚠️

GHG Accounting

REXIT BERHAD's 2023 sustainability report lacks detailed information on GHG accounting. There is no data provided for Scope 1, 2, or 3 emissions, nor is there mention of a base year, boundary, or inventory for emissions tracking. Additionally, critical elements such as the GWP basis, accounting standards, data collection approaches, and third-party verification are absent. This represents a significant gap in transparency and accountability. The company should prioritize establishing a comprehensive GHG inventory, adopting recognized standards like the GHG Protocol, and seeking third-party verification to enhance credibility. Without these, stakeholders cannot assess the company's environmental impact or progress toward sustainability goals.

Emissions

Scope Value Note
Scope1 Not reported ⚠️ No data on Scope 1 emissions provided.
Scope2 Not reported ⚠️ No data on Scope 2 emissions provided.
Scope3 Not reported ⚠️ No data on Scope 3 emissions provided.
Biogenic emissions Not applicable → No biomass or biofuel usage reported.

Other Details

  • Base year: Not reported ⚠️
  • Boundary inventory: Not reported ⚠️
  • Gwp basis: Not reported ⚠️
  • Standard: Not reported ⚠️
  • Data collection approach: Not reported ⚠️
  • Third party verification: Not reported ⚠️
  • Carbon intensity: Not reported ⚠️

Social Highlights

  • Limited data available ⚠️
  • Limited data available ⚠️
  • Limited data available ⚠️
  • Limited data available ⚠️
  • Limited data available ⚠️

Governance

  • Salary disclosure: Can't find ⚠️
  • Litigation: Can't find ⚠️

Report Quality

Room for Improvement in REXIT BERHAD's 2023 sustainability report ⚠️. While the report mentions a commitment to a sustainability framework, it lacks quantifiable actions or measurable outcomes to substantiate these claims. There are no specific metrics, such as emission reductions or social impact numbers, nor evidence of third-party verification. Additionally, forward-looking commitments or targets, such as net-zero goals, are absent. The content remains generic, with statements like 'committed to sustainability' lacking supporting data. To enhance credibility, the company should include detailed metrics on environmental and social performance 🟢, adopt recognized reporting frameworks like GRI, and provide verifiable data. Incorporating forecasting and specific targets would also demonstrate a proactive approach. Overall, the report provides a foundation but needs significant improvement in depth and transparency.

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This is AI model generated summary based on certain rules set by Sustify.world perspective. If the reader finds the information is incorrect, they can always approach us by sending email admin@sustify.world.

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