Climate Change Data

PT Argo Pantes Tbk

Climate Impact & Sustainability Data (2016)

Reporting Period: 2016

Environmental Metrics

ESG Focus Areas

  • Corporate Social Responsibility (CSR)
  • Good Corporate Governance (GCG)
  • Human Resources Development

Environmental Achievements

  • Launched environmental friendly bags program to reduce plastic usage.

Social Achievements

  • Consistently carried out CSR programs oriented towards long-term community empowerment and sustainable growth. Established Lions Clubs Jakarta Milenium Manunggal (LCJMM) for community engagement and support.
  • Provided opportunities for students and university students to conduct fieldwork (PKL) in the company.
  • Supported athletes in regional wushu training.
  • Held regular blood donation drives in cooperation with the Indonesian Red Cross (PMI).

Governance Achievements

  • Implemented and developed good corporate governance principles in line with best practices.
  • Improved the completeness of the Guidelines for the Implementation of GCG.
  • Ensured compliance with legislation.
  • Held Annual General Meeting (AGM) and Extraordinary General Meeting (EGM).

Climate Goals & Targets

Environmental Challenges

  • Sluggish market conditions and decline in exports in the textile industry.
  • Tight competition in the domestic market, including against imports.
  • Weakening rupiah and rising costs of imported raw materials, fuel, electricity, and labor.
Mitigation Strategies
  • Consistently sought production efficiencies through breakthroughs in production methods.
  • Introduced new, reliable machinery to produce products aligned with market demand.
  • Developed human resources capabilities to remain competitive.
  • Focused production and sales on finished fabrics, knitting, and garments to meet increased demand.

Supply Chain Management

Climate-Related Risks & Opportunities

Awards & Recognition

  • K3 award from Banten Province