PT Indo Kordsa Tbk
Climate Impact & Sustainability Data (2022, 2023)
Reporting Period: 2022
Environmental Metrics
Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:1.71 tCO2e per ton of production in 2022
ESG Focus Areas
- Environment
- Social
- Governance
Environmental Achievements
- Reduced CO2 emissions by 2.2% in 2022 (based on tCO2e per ton of production).
- Installed the first solar PV panel in Indonesia for the tire cord fabric industry, reducing CO2 emissions by 5,250 tons annually.
- Reduced waste across all categories.
Social Achievements
- Implemented a new policy for female employees providing six months of maternity leave.
- Achieved zero fatal and high-consequence accidents in the factory.
- Launched an Employee Well-being Program.
Governance Achievements
- Established an anti-corruption training program.
- Consistently improved corporate governance mechanisms.
Climate Goals & Targets
Long-term Goals:
- Reduce carbon emissions by 100% before 2050.
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Reduce waste and water consumption by 50% before 2030.
Environmental Challenges
- Increased gas and electricity consumption compared to the previous year.
- Scope 3 emissions data not yet available.
- Challenges in collecting Scope 3 emissions data.
Mitigation Strategies
- Implemented several energy-saving projects (PV solar project, Ecodip zones, etc.).
- Planning to identify indirect GHG emissions (Scope 3) by assessing emissions from its activities following the GHG Protocol Corporate Value Chain Standard.
- Continuous improvement initiatives across all areas.
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Collaboration with local suppliers; Code of Business Ethics aligned with Kordsa Global's Code of Ethics.
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: GRI Standards: Core option, POJK No. 51/2017
Certifications: ISO 14001:2015, ISO 9001:2015, IATF 16949:2016
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- SDG 4: Quality Education
- SDG 5: Gender Equality
- SDG 6: Clean Water and Sanitation
- SDG 8: Decent Work and Economic Growth
- SDG 9: Industry, Innovation, and Infrastructure
- SDG 12: Responsible Consumption and Production
- SDG 13: Climate Action
- SDG 17: Partnerships for the Goals
The report details how various initiatives contribute to these SDGs.
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- 100 Fastest Growing Companies Award from Infobank Magazine
- Best Trade Financial Solution Award from The Assets Triple A
- Great Place to Work 2022
Reporting Period: 2023
Environmental Metrics
Total Carbon Emissions:143,700 tCO2e (Scope 1 & 2)
Scope 1 Emissions:16,859 tCO2e
Scope 2 Emissions:126,839 tCO2e
Renewable Energy Share:3.5%
Total Energy Consumption:205,723,680 kWh (non-renewable) + 5,498,460 kWh (renewable)
Water Consumption:600,622 m3
Waste Generated:2,485 tons (non-hazardous) + 816 tons (hazardous)
Carbon Intensity:1.51 tonCO2e/ton of production
ESG Focus Areas
- Economic Performance
- Environmental Management (Energy, Water, Emissions, Waste)
- Social Impact (Human Resources, Community Development, Product Stewardship)
- Governance
Environmental Achievements
- Reduced GHG emissions by 6% compared to the 2019 baseline.
- Reduced electricity consumption by 6.5% in 2023 compared to the previous year.
- Increased renewable energy use through solar panel installations (1,436 kWp, equivalent to 3.5% of operational electricity demand).
- Reused or recycled 38,928 m3 of water (6.5% of total water consumption).
Social Achievements
- Zero recordable incidents in occupational health and safety.
- Provided 45.40 average training hours per employee.
- Allocated Rp540.733.950,00 for community development activities (scholarships, food donations, infrastructure improvements).
Governance Achievements
- Implemented a comprehensive code of ethics and anti-bribery/anti-corruption policies.
- Established a whistleblowing system.
- Maintained ISO 14001:2015 and SMK3 certifications.
Climate Goals & Targets
Long-term Goals:
- Achieve net-zero emissions by 2050 (aligned with Science Based Targets initiative).
Medium-term Goals:
- Reduce waste by 50% per ton of product sales by 2030 (from 2018 baseline).
Environmental Challenges
- Global and local economic conditions impacted the automotive industry, leading to a decline in performance compared to the previous year.
Mitigation Strategies
- Implemented a right production strategy and utilized advanced technology to achieve positive results despite challenging circumstances.
Supply Chain Management
Responsible Procurement
- Enhanced cooperation with local suppliers (1225 suppliers in 2023).
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: GRI Standards 2021, OJK Regulation No. 51/2017, SEOJK 16/2021
Certifications: ISO 14001:2015, SMK3
UN Sustainable Development Goals
- Goal 4 (Quality Education)
- Goal 5 (Gender Equality)
- Goal 6 (Clean Water and Sanitation)
- Goal 8 (Decent Work and Economic Growth)
- Goal 9 (Industry, Innovation, and Infrastructure)
- Goal 12 (Responsible Consumption and Production)
- Goal 13 (Climate Action)
Initiatives contributing to SDGs through education support, gender equality, water management, job creation, sustainable production, and climate action.
Sustainable Products & Innovation
- Ecodip technology (environmentally friendly Dip Fabric production)
Awards & Recognition
- Great Place to Work Certification
- SMK3 Certification
- Mitra Utama Kepabeanan (Customs Main Partner)
- SPEX2 DX Award
- SWA Award (Talent Acquisition & Employer Branding, Employee Wellbeing, HR Digitalization & People Analytics)
- Kordsa All Stars Award
- Brandon Hall Awards (Talent Management, Talent Acquisition, Human Resources, Equity & Inclusion)
- Brandon Technology Excellence Award
- ESG Disclosure Transparency Award