Subject: Revocation of Malaysia Digital (MD) Status
FAVORIOT Sdn. Bhd. hereby acknowledges the formal notification issued by Malaysia Digital Economy Corporation Sdn. Bhd. (MDEC) dated 20 February 2026 regarding the revocation of the Company’s Malaysia Digital (MD) Status.
The letter, referencing BSD-BSS-LTR-MDCC-MDC (MD File ID: MD/0000184), states that the Malaysia Digital Status previously granted to FAVORIOT Sdn. Bhd. on 2 August 2023 has been revoked with effect from 1 August 2024. As outlined in the notice, the Company is no longer entitled to the benefits, incentives, privileges, or the use of the Malaysia Digital (MD) logo, effective from the date of revocation.
FAVORIOT respects MDEC’s decision and confirms that we will fully comply with all directives stated in the official correspondence.
We would like to assure our partners, customers, stakeholders, and the broader ecosystem that this administrative status change does not affect:
Our operational continuity
Our contractual obligations to clients
Our ongoing projects and platform services
Our commitment to delivering high-quality IoT and AIoT solutions
FAVORIOT remains fully operational and continues to focus on strengthening its technology offerings, expanding partnerships locally and internationally, and supporting customers across industries such as smart cities, agriculture, manufacturing, logistics, and education.
We remain committed to contributing to Malaysia’s digital economy and advancing the adoption of Internet of Things and AI-driven solutions through our platform, training programs, and ecosystem initiatives.
We thank our stakeholders for their continued trust and support.
For any further clarification, please contact us directly at:
FAVORIOT Sdn. Bhd. CP3A30, Pusat Perdagangan IOI No.1, Persiaran Puchong Jaya Selatan Bandar Puchong Jaya 47100 Puchong, Selangor
Issued by: Management of FAVORIOT Sdn. Bhd. Date: 23 February 2026
ESG is no longer driven by intention statements or annual summaries. Today, organisations are expected to show evidence. Regulators want proof. Investors want consistency. Customers want transparency.
At the centre of this shift sits one critical enabler: IoT.
IoT transforms ESG reporting from a compliance obligation into an operational capability by capturing real-world data directly from assets, facilities, and environments. Without this layer of measurement, ESG metrics are often based on assumptions rather than facts.
ESG Needs Measured Reality, Not Estimates
Many organisations still depend on:
Periodic meter readings
Manual logs
Spreadsheets are updated once a quarter or once a year
These methods struggle to survive audits and increasingly fall short of modern disclosure expectations. ESG today demands data that is:
Continuous
Verifiable
Traceable to source
IoT fills this gap by collecting information automatically, consistently, and in real time.
How IoT Supports Each ESG Pillar
Environmental: Where IoT Plays the Largest Role
Environmental indicators are the most measurable and the most scrutinised. IoT enables direct monitoring of key environmental metrics such as:
Energy usage
Electricity consumption by machine, line, or facility
Peak demand and load behaviour
Renewable energy contribution
Emissions and air quality
CO₂ concentration
Particulate matter
Indoor air quality in controlled spaces
Water consumption
Inflow and discharge volumes
Leak detection
Process water usage
Waste tracking
Waste volumes
Recycling rates
Hazardous material handling
These measurements underpin carbon accounting, energy intensity reporting, and environmental risk management.
Social: Protecting People Through Data
IoT contributes to the Social pillar by improving visibility into workplace conditions, especially in operational environments.
Typical applications include:
Monitoring temperature and humidity on production floors
Detecting gas leaks or unsafe exposure levels
Identifying equipment conditions that could lead to accidents
In sectors such as manufacturing, construction, and energy, these indicators are closely linked to legal and ethical responsibilities.
Governance: Building Trust Through Data Integrity
Governance is not measured by sensors, but it depends on the quality of the data behind decisions.
IoT strengthens governance by:
Reducing manual intervention in data collection
Creating time-stamped, tamper-resistant records
Supporting audit readiness with clear data trails
When ESG figures are backed by operational data, governance moves from declarations to defensible accountability.
What ESG Monitoring Is Commonly Expected
While ESG rules vary by country and industry, several monitoring areas are widely treated as baseline requirements.
Area
ESG Pillar
Why It Matters
Energy consumption
Environmental
Carbon and efficiency metrics
Emissions data
Environmental
Climate-related disclosures
Water usage
Environmental
Resource risk and compliance
Pollution indicators
Environmental
Regulatory and community impact
Worker safety metrics
Social
Duty of care
Data traceability
Governance
Audit credibility
Organisations lacking reliable data in these areas often face delays, higher audit costs, and increased scrutiny.
Example: ESG Monitoring in a Manufacturing Factory
Consider a medium-sized factory operating multiple production lines.
Environmental Monitoring
Smart meters track electricity usage at:
Incoming power supply
Individual production lines
High-energy equipment such as compressors
Water flow sensors monitor:
Process water consumption
Cooling systems
Discharge points
Air quality sensors measure:
Indoor CO₂ levels
Particulate concentration
Ventilation effectiveness
This setup allows the factory to calculate energy intensity per unit produced, detect abnormal consumption early, and support environmental reporting with confidence.
Social Monitoring
Temperature and humidity sensors ensure safe working conditions
Gas detectors provide early alerts before exposure becomes dangerous
Equipment monitoring helps reduce accidents caused by malfunctioning machinery
This gives management visibility not just into outcomes, but also into actions taken when issues arise.
Turning IoT Data into ESG Insight
Raw sensor data alone is not enough. It must be structured, contextualised, and aligned with ESG indicators.
This is where an IoT platform becomes essential. Platforms like Favoriot help organisations manage data from multiple sensors, locations, and systems while presenting ESG-relevant insights through dashboards, alerts, and historical views. This makes ESG monitoring scalable across factories, buildings, and regions without adding operational complexity.
Closing Thoughts
ESG expectations continue to rise, and tolerance for estimates is shrinking.
IoT provides the foundation for:
Measurable environmental performance
Safer workplaces
Stronger governance backed by evidence
For organisations serious about ESG, monitoring is no longer optional. It is the starting point for trust, accountability, and long-term credibility.
Kuala Lumpur, 23 January 2026 Favoriot today announced the launch of its new Lite Plan, a lower-entry subscription designed to help students, educators, beginners, startup founders, and developers begin their IoT journey using a real, production-grade platform.
The Lite Plan addresses a growing need for a simple, affordable way to connect devices, view data, and understand IoT workflows without the complexity often found in larger, enterprise-focused plans. Users on the Lite Plan gain access to the same core Favoriot platform used by commercial and government deployments, scaled to suit learning, experimentation, and early validation.
About Favoriot Favoriot is a Malaysia-based IoT and AIoT platform provider supporting smart city, agriculture, manufacturing, education, and enterprise use cases. The platform enables secure device management, real-time data ingestion, analytics, and automation for organisations at every stage of adoption.
