KUALA LUMPUR, April 30 (Bernama) -- The Malaysian Industry-Government Group for High Technology (MIGHT) and Pantas Software Sdn Bhd have inked a memorandum of understanding (MoU) to embark on a transformative environmental, social, and corporate governance (ESG) project.
This strategic partnership aims to pioneer a Proof of Concept (POC) Carbon Accounting and Management Software Services towards a new era of corporate sustainability practices commencing May 1, 2024.
MIGHT said the project will kick off with a six-month POC phase, which will enhance understanding, awareness and commitment to carbon accounting by implementing robust software solutions to monitor and report greenhouse gas emissions accurately.
In a statement today, the technology think-tank said that this collaboration will leverage innovative technology to analyse emissions data, pinpoint areas for enhancement, and establish emission reduction goals.
“The POC collaboration represents a significant milestone in integrating ESG principles into corporate governance strategies.
“This venture will empower organisations to address the challenges of a rapidly evolving world while promoting sustainable business practices,” it said.
According to MIGHT, the initiative will give its employees valuable exposure and hands-on experience in adapting to emerging trends and innovations related to emissions for sustainability reporting and management.
"The partnership established through this POC project underscores MIGHT's unwavering dedication to fostering a more sustainable future and driving positive change within its ecosystem," it added.
-- BERNAMA
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