TRIVE PROPERTY GROUP BERHAD

Malaysia | 0118.KL | Main

By Sustify.world AI model | 2025-05-24
Trive Property Group Berhad, an investment holding company, engages in the design, marketing, and trading of battery management systems for rechargeable energy storage solutions in Malaysia and Singapore. The company operates through Renewable Energy, Property Investment, and Others segments. It also involved in the trading of solar panels and related products; construction of residential development; and property investment and housing development activities. In addition, the company offers renewable energy storage systems, green golf cart batteries, electric vehicle batteries, backup batteries, and standby power systems. Further, the company provides solar power streetlights, solar power light systems, and solar power storage solution systems; and invests in quoted and unquoted shares, as well as rents buildings. It offers its rechargeable lithium battery-based products for consumer, industrial, and military applications. The company was formerly known as ETI Tech Corporation Berhad and changed its name to Trive Property Group Berhad in June 2015. Trive Property Group Berhad was founded in 2002 and is based in Kuala Lumpur, Malaysia.

Reference

Report Year: 2024
Source Files: Trive_AR_2024_final.md

Sustainability Committee

No sustainability committee formed ⚠️

Reporting

MMLR Guidelines, Integrated Report 🟢

GHG Accounting

Trive Property Group Berhad's 2024 sustainability report lacks detailed GHG accounting. There is no data on Scope 1, 2, or 3 emissions, base year, or carbon intensity metrics. Additionally, critical elements such as boundary definitions, GWP basis, and data collection approaches are absent. The report does not mention adherence to recognized standards like the GHG Protocol or third-party verification, which undermines credibility. A key improvement area is to establish a robust emissions tracking system and report absolute emission figures. Incorporating third-party assurance and aligning with international frameworks like GRI or TCFD would enhance transparency and accountability in future reports.

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 verified ⚠️
  • 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 Trive Property Group Berhad's 2024 sustainability report. While the commitment to sustainability is evident through the integration into strategic plans, the report lacks quantifiable actions and measurable outcomes ⚠️. There are no specific metrics or data on emissions, social initiatives, or environmental impacts, which limits the ability to assess progress. Additionally, the absence of forward-looking commitments or targets, such as net-zero goals, reduces the report's strategic value. The content remains generic, with statements like 'dedicated to sustainable growth' lacking supporting evidence. To strengthen future reports, Trive should focus on providing specific, verifiable data 🟢, adopting international frameworks like GRI, and incorporating third-party assurance. Setting clear, time-bound targets would also demonstrate a proactive approach to sustainability.

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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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