RAM Sustainability assigns Good ESG Readiness Level to Peps-JV (Melaka) Sdn Bhd

Published on 19 Feb 2025.

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RAM Sustainability has conducted an ESG Readiness Assessment (ESGRA) on Peps-JV Melaka Sdn Bhd (the Company) and has assessed its ESG Readiness level as Good, which indicates that the Company has strong ESG practices.

This ESGRA is conducted in conjunction with the Company’s up to RM20 million Investment Note issue.

 

Analytical contacts
Cynthia Lim Sin Lu
(603) 3385 2549
cynthia@ram.com.my

Media contact
Sakinah Arifin
(603) 3385 2500
sakinah@ram.com.my

 

The ESG Readiness Assessment is not a recommendation to purchase, sell or hold a security, inasmuch as it does not comment on the security’s market price or its suitability for a particular investor, nor does it involve any audit by RAM Sustainability.

RAM Sustainability receives compensation for its ESG services, normally paid by the issuers of such securities or the rated entity, and sometimes third parties participating in marketing the securities, insurers, guarantors, other obligors, underwriters, etc. The receipt of this compensation has no influence on RAM Sustainability’s opinions or other analytical processes. In all instances, RAM Sustainability is committed to preserving the objectivity, integrity and independence of its assessment. The fees are communicated to clients prior to the issuance of the level of assessment. While RAM Sustainability reserves the right to disseminate the report, it receives no payment for doing so, except for subscriptions to its publications.

 

About RAM Sustainability

RAM Sustainability Sdn Bhd (RAM Sustainability) is a provider of sustainability services and ESG analytics. Incorporated on 31 May 2000, RAM Sustainability is a wholly owned subsidiary of RAM Holdings Berhad (RAM Group). RAM Sustainability is the first ASEAN-based provider of ESG ratings and second opinions and has the distinction of being the first Registered Observer of ICMA’s Green Bond Principles, Social Bond Principles, Sustainability Bond Guidelines and Sustainability-Linked Bond Principles in ASEAN. On 12 August 2020, RAM Sustainability became an Approved Verifier for the certification of climate bonds under the Climate Bonds Standard & Certification Scheme after having been awarded the status by the Climate Bonds Standards Board. For further details, please refer to https://www.ram.com.my/sustainability.

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