REVENUE GROUP BERHAD

Malaysia | 0200.KL | Main

By Sustify.world AI model | 2025-05-24
Revenue Group Berhad, an investment holding company, engages in the research, development, deployment, distribution, and maintenance of electronic data capture (EDC) terminals in Malaysia. The company operates revPAY, a platform that acts as a payment gateway, payment switch, and payment acquirer. It is also involved in the provision of electronic transaction processing services for credit cards, debit cards, and electronic money payment scheme; solutions and services in relation to payment gateway, payment network security, and payment security and infrastructure; digital payment solutions and services, such as mobile top up, phone bill payment, utilities bill payment, game credits, entertainment, and ticketing services; procurement services of consumer goods from overseas e-commerce websites, cross border logistics, and last mile delivery services; and provision of sports facilities, such as indoor games, rental or lease of sports equipment, agent for sports equipment, organizer for games or competitions, catering of food and beverages for participants, sport-health care supplies and accessories, and ticketing and reservations. In addition, the company engages in the sale and maintenance of information technology hardware and software, as well as EDC terminals; money lending business; e-commerce, software, and mobile application development on digital payment; digital platform and e-services; research, development, and deployment of secured card issuing technology; and research, development, sale, and licensing of software. Further, it provides consultancy services on card programming and computer technology; and sells incentive reward points for gift redemption and e-commerce platform. The company serves financial institutions, physical store merchants, online store merchants, and financial technology company. Revenue Group Berhad was founded in 2003 and is headquartered in Petaling Jaya, Malaysia.

Reference

Report Year: 2024
Source Files:

Sustainability Committee

Sustainability Steering Committee (Members Unknown) 🟢

  • Leads sustainability integration 🟢
  • Validates materiality 🟢
  • Reports to Board 🟢

Reporting

IFRS, TCFD, SASB, Integrated Report 🟢

GHG Accounting

REVENUE GROUP BERHAD has initiated GHG accounting by establishing 2024 as the base year for its organizational carbon footprint, following the GHG Protocol Corporate Standard. The company plans to track Scope 1, 2, and 3 emissions, with targets to be set in FYE2025. However, absolute emission data is not yet disclosed, limiting transparency. No third-party verification is mentioned, and carbon intensity metrics are absent. A key strength is the commitment to future climate risk assessments and scenario analysis. To improve, the company should prioritize disclosing absolute emission figures, seek third-party verification, and report carbon intensity to enhance credibility and stakeholder trust.

Emissions

Scope Value Note
Scope1 Base year 2024 🟢 Absolute data not disclosed yet →
Scope2 Base year 2024 🟢 Absolute data not disclosed yet →
Scope3 Base year 2024 🟢 Absolute data not disclosed yet →
Biogenic emissions Not applicable → No biomass or biofuel usage reported.

Other Details

  • Base year: 2024
  • Boundary inventory: Organizational carbon footprint per GHG Protocol Corporate Standard
  • Gwp basis: Not specified
  • Standard: GHG Protocol Corporate Standard
  • Data collection approach: Not specified
  • Third party verification: Not verified ⚠️
  • Carbon intensity: Not reported ⚠️

Efforts

  • Targets planned for 2025 🟢
  • Waste tracking initiated 🟢
  • Resource efficiency focus 🌞
  • ESG operational integration 🌱

Social Highlights

  • Employee training planned 🥗
  • Talent strategy focus 🥗
  • Community engagement 🥗
  • Limited data available ⚠️
  • Limited data available ⚠️

Governance

  • Salary disclosure: Can’t find ⚠️

Report Quality

Commendable initial steps are evident in REVENUE GROUP BERHAD’s 2024 integrated sustainability report 🟢. The company demonstrates a clear roadmap with plans for climate risk assessments, emission reduction targets, and alignment with global frameworks like IFRS, TCFD, and SASB. However, the report lacks quantifiable data on emissions and measurable outcomes, relying heavily on forward-looking statements ⚠️. Generic commitments, such as 'enhancing sustainability policies,' need to be backed by specific metrics and timelines. To strengthen credibility, the company should prioritize disclosing absolute GHG figures, seek third-party verification, and provide detailed progress updates. Incorporating more measurable social impact data would also enhance the report’s depth. Overall, this report lays a promising foundation but requires greater specificity and evidence of implementation to meet stakeholder expectations.

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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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