PT Pan Brothers Tbk
Climate Impact & Sustainability Data (2020, 2022, 2023)
Reporting Period: 2020
Environmental Metrics
ESG Focus Areas
- Economic Sustainability
- Environmental Sustainability
- Social Sustainability
Environmental Achievements
- 29.87% Reduction in Energy intensity
- 31.92% Reduction in Water Intensity
- 25% Sustainable Material Sourcing in 2020
- 23.3% Local Material Sourcing in 2020
- 1.64% Reduction in Waste
- Green Office in Boyolali awarded Platinum standard by Green Building Council Indonesia
Social Achievements
- Community Empowerment: IDR 467 million sales of Canteen project with MSMEs
- Health and Well-Being: 642,481 capsules of Vitamin C donated
- Health and Well-Being: 400,000+ non-medical cloth masks and PPE donated
- Training and Education: 7,930 trainees and participants in various programs
- Training and Education: IDR 6.912 billion academic scholarships and education subsidies
- Training and Education: 123,034 total training hours
- Occupational Health and Safety: 0 fatal incidents caused by work accidents in 2020
- 10.91% of total employees promoted in 2020
Governance Achievements
- Established Internal Sustainability Advisory Committee (ISAC) and Sustainability Task Force (T2K)
- Implemented transparent supply chain and code of conduct to eliminate corruption
- Strong financial performance with net sales revenue of USD 684.9 million in 2020
Climate Goals & Targets
- Double the indirect economic impact made towards the local community from 2020 by 2030
- Double the outreach for educational programs that emphasize the importance of health and hygiene by 2030
- Increase productivity and efficiency by an additional 25% from 2020 by 2030
- Implement 100% data integration and communication throughout the end-to-end production process by 2030
- Increase renewable energy usage to at least 31% by 2030
- Increase % of sustainably sourced material to at least 60% by 2030
- Halve amount/volume of waste generated for all waste types from 2020 by 2030
- At least 75% of all non-hazardous waste generated must be recycled, downcycled, or upcycled by 2030
- Halve our carbon footprint/GHG emissions by 2030
- Double the amount of academic scholarship and education subsidy recipients by 2030
- Achieve gender balance in upper management level by 2030
- Expand our recruitment pipeline to include more diverse workforce by 2030
- Continue to comply with regional and national minimum wage standard (UMK) by 2030
- Halve the number of average annual work-related accidents from 2020 by 2030
- Increase renewable energy usage to at least 23% by 2025
- Increase % of sustainably sourced material to at least 40% by 2023
- Increase average training hours per employee annually to minimum of 12 hours by 2022
Environmental Challenges
- Declining trend in global consumer spending on non-essential goods
- Covid-19 pandemic impacting businesses
- Difficulty meeting product quality, social, and environmental standards from local suppliers
- Difficulty meeting production capacity required for output from local suppliers
- Delayed shipment/logistical issues from local suppliers
- Difficulty sourcing raw materials from local suppliers
Mitigation Strategies
- Developed Personal Protective Equipment (PPE) products
- Implemented Covid-19 protocols in all production facilities
- Worked with suppliers to improve quality standards
- Audited suppliers monthly/yearly
- Split orders to other suppliers
- Split sourcing to different countries
- Collaborated with suppliers to ensure on-time shipment
- Developed local suppliers
- Collaborated with import suppliers to assist local suppliers
Supply Chain Management
Responsible Procurement
- Sustainable/recycled/local procurement approach
- Supplier assessment
- Collaboration with suppliers to meet production lead time and output/capacity expected
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: GRI Standards: Core option, POJK-51/2017
Certifications: ISO 14001:2015, ISO 9001:2015, ISO 45001:2018, SA8000:2014, ZDHC, OCS, RCS, EDGE
UN Sustainable Development Goals
- Goal 1
- Goal 3
- Goal 4
- Goal 5
- Goal 7
- Goal 8
- Goal 9
- Goal 12
- Goal 13
- Goal 16
The report details how various initiatives contribute to these goals.
Sustainable Products & Innovation
- Products using organic fibers and natural dyes
- Products using organic kapok fiber
Awards & Recognition
- Numerous awards listed in the report (too many to list individually)
Reporting Period: 2022
Environmental Metrics
ESG Focus Areas
- Economic Sustainability
- Environmental Sustainability
- Social Sustainability
- Governance
Environmental Achievements
- Reduced energy consumption per unit of revenue from 0.0010087 GJ/USD in 2016 to 0.0009549 GJ/USD in 2022.
- Reduced water consumption per unit of income from 0.00000246 megaliter/USD in 2016 to 0.00000139 megaliter/USD in 2022.
- Reduced emissions per unit of revenue from 0.0000991 tCO2e/USD in 2017 to 0.00004105 tCO2e/USD in 2022.
- Green Office Building awarded Platinum standard by Green Building Council Indonesia.
- Two subsidiaries certified ISO 14001:2015 for Environmental Management System.
- Installation of 1.8 MWp solar panels, targeting 1.2 MWp by end of 2023, resulting in 3 million tons/year CO2 reduction.
Social Achievements
- CSR Program Fund 2022: USD 870,908,060
- Zero fatal occupational injuries in 2022.
- Total training hours for active PBRX employees & prospective employees: 354,524 hours.
- Employees are paid above the Minimum Wage Standard (UMK).
- Launched vocational training program in collaboration with AK Tekstil, training approximately 481 participants from 2018 to 2022.
Governance Achievements
- Implemented good corporate governance (GCG) principles.
- Established Internal Sustainability Advisory Committee (ISAC) and Sustainability Task Force (T2K).
- Enforced anti-corruption policies and communication.
Climate Goals & Targets
- Achieve Net-Zero Emission by 2060.
- Increase renewable energy usage to at least 31% of total energy mix by 2030.
- Halve GHG emissions by 2030.
- Increase percentage of sustainably sourced material to at least 60% by 2030.
- Halve amount/volume of waste generated for all waste types from 2020 by 2030.
- Achieve gender balance in upper management level by 2030.
- Increase renewable energy usage to at least 23% of total energy mix by 2025.
Environmental Challenges
- Pandemic challenges impacting operations.
- Global economic uncertainties.
- Maintaining production efficiency in a disruptive global environment.
Mitigation Strategies
- Investing in sustainable technological innovations to improve productivity and efficiency.
- Promoting good corporate governance (GCG).
- Ensuring transparency across the supply chain.
- Implementing a new paradigm focusing on People, Planet, and Profit.
Supply Chain Management
Responsible Procurement
- Using local and sustainable materials.
- Engaging suppliers and customers in sustainability initiatives.
- Supplier assessment based on categories (nominated and non-nominated).
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: GRI
Certifications: ISO 14001:2015, ISO 45001:2018, EDGE Certification, OEKO-TEX Standard 100
Third-party Assurance: KAP Amir Abadi Jusuf, Aryanto, Mawar & Rekan (RSM International)
UN Sustainable Development Goals
- Goal 1
- Goal 3
- Goal 4
- Goal 5
- Goal 7
- Goal 8
- Goal 9
- Goal 12
- Goal 13
- Goal 16
The report details how various initiatives contribute to these goals.
Sustainable Products & Innovation
- Products using organic kapok fiber.
- Products using natural dyes.
- Recycled fabric products.
Awards & Recognition
- UN Women 2022 Indonesia WEPs Awards 1st Runner-up in Transparency & Reporting Category
- Top GRC Awards 2022 #4 Stars
- Top CSR Awards 2022 #4 Stars
- Kadin Net Zero Hub 2022
- ASEAN Business Award
- Indonesia Sales & Marketing Award 2022
- Tempo Circular Economy Award
Reporting Period: 2023
Environmental Metrics
ESG Focus Areas
- Environmental
- Social
- Governance
Environmental Achievements
- Reduced emissions through digitalization and automation; implemented science-based measurement indices to evaluate ESG performance; achieved validation of GHG emission reduction target from SBTi.
- Won the Energy and Water Saving Movement Award for Central Java Province in 2023 for the Industry category; Central Java Resilient Exporter Award for Fiscal Year 2023 in the Go Green Pioneer and Raw Material Recycle category; Subroto Award 2023 for EBTKE Subsector in the Energy Efficiency Category of Energy Management in Buildings and Industry from the Ministry of Energy and Mineral Resources.
Social Achievements
- Facilitating women's education with U-Go; partnership with Merdeka Campus for internship programs; Award for Companies Caring and Actively Participating in the Development of Persons with Disabilities from the Regent of Boyolali.
- Won the Indonesia Best Corporate Sustainability Initiative 2023 in the Circular Economy Category from MIX; various other awards related to CSR and sustainability initiatives.
Governance Achievements
- Successfully conducted a Capital Increase with PMHMETD IV; received an ESG Entity Rating of '3' from Sustainable Fitch; implemented Sustainability System (Susy) for data-driven governance practices.
- Won Top GRC Awards 2023 #5 from Top Business; various other awards related to GCG and risk management.
Climate Goals & Targets
- Achieve Net Zero Emission by 2060
- Achieve Net Zero Emission by 2060
Environmental Challenges
- Global economic uncertainty impacting global purchasing power and apparel sales; geopolitical instability and inflation; slowdown in Indonesia's textile and textile products (TPT) industry; limited working capital support.
- Fluctuations in raw material prices and availability due to climate change; risks to supply chain due to climate events; competition from other Asian countries with cheaper products; potential for higher import tariffs.
Mitigation Strategies
- Close synergy between management, employees, shareholders, and business partners; utilization of industry 4.0 technology and innovation; automation and digitalization; diversification of products and sourcing strategies.
- Investment in agility, innovation, and sustainability; proactive adaptation to changing market dynamics; strengthening supply chain through collaboration with suppliers; development of environmentally-friendly products; investment in disaster-resistant infrastructure.
Supply Chain Management
Climate-Related Risks & Opportunities
Physical Risks
- Floods
- Droughts
Reporting Standards
Frameworks Used: GRI, SBTi
Certifications: US Cotton Trust Protocol, Responsible Down Standard (RDS), Global Recycled Standard (GRS), ISO 9001, ISO 14001, ISO 45001, Authorized Economic Operator (AEO), C-TPAT, SA 8000, Social & Labor Convergence Support
Awards & Recognition
- Top GRC Awards 2023 #5
- Energy and Water Saving Movement Award
- Central Java Resilient Exporter Award
- Subroto Award 2023
- Indonesia Best Corporate Sustainability Initiative Award
- Various other awards related to CSR, sustainability, and GCG