Gold Decarbonization Rating 2025: Achieving 1.2 Million Metric Tons of Carbon Dioxide Equivalent Offset
MVGX Tech Pte. Ltd., an international company, has announced the release of its inaugural Sustainability and Impact Report, showcasing a significant step forward in its commitment to environmental, social, and governance (ESG) practices.
The highlight of the report is the achievement of the "Gold" Decarbonisation Rating from TÜV SÜD, a leading global provider of testing, inspection, and certification services. This rating, which covers the full 2024 period, signifies MVGX's strong strategy-execution alignment and its dedication to decarbonization.
Lily Hong, Chief Executive Officer of MVGX, expressed her gratitude and pride as MVGX received the "Gold" rating. She humbly acknowledged that this achievement was made during her tenure and considered it a demonstration of MVGX's commitment to continuous improvement and ESG leadership.
The "Gold" Decarbonisation Rating was earned through a series of impressive milestones. Since September 5, 2025, MVGX has managed to reduce its greenhouse gas emissions by 18% and decrease energy consumption by 15%, compared to its fiscal 2023 baseline. Moreover, 58% of its electricity is now sourced from renewables, supporting its net-zero emissions goal by 2040. These achievements were validated by the Science Based Targets initiative, further emphasizing MVGX's dedication to sustainability.
Accountability was demonstrated in various ways. MVGX disclosed its Scope 1-3 emissions, reported energy intensity metrics, and prepared for carbon neutrality. Trust and integrity were maintained with full compliance with data privacy laws and zero breaches. Equity and inclusion were addressed with the publication of EDI disclosures and the setting of measurable KPIs for inclusive hiring and leadership development.
The report also highlights MVGX's efforts in capacity building through the MVGX Carbon Academy and its success in advancing value chain emission reductions through its carbon solutions' positive impact on downstream customers. Innovation is evident in the use of the Carbon Credit Registry & Exchange and AI-driven auto-reporting.
The Sustainability and Impact Report also showcases MVGX's client impact in finance, heavy industry, and SMEs. The recognition of the "Gold" Decarbonisation Rating is a powerful testament to MVGX's team's efforts and the milestones demonstrated by MVGX serve as a beacon, showing that they not only empower others to decarbonize but also lead by example.
In conclusion, MVGX's achievement of the "Gold" Decarbonisation Rating is a significant step in its journey towards sustainability and ESG leadership. The report serves as a long-term commitment to continuous improvement and a testament to the team's dedication and hard work.
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