PT Kedaung Indah Can Tbk
Climate Impact & Sustainability Data (2021)
Reporting Period: 2021
Environmental Metrics
Total Energy Consumption:[object Object]
ESG Focus Areas
- Sustainability
- Corporate Social Responsibility (CSR)
- Good Corporate Governance (GCG)
Environmental Achievements
- Implemented environmentally friendly energy use in production and waste management.
- No significant negative impact on local biodiversity reported.
Social Achievements
- Consistently implemented CSR programs, including regular blood drives in collaboration with PMI Surabaya and social activities for communities affected by natural disasters.
- Prioritized the use of local labor, especially from the surrounding community.
- Maintained harmonious working relationships with employees, strengthened by the signing of a Collective Labor Agreement (PKB).
Governance Achievements
- Consistently implemented Good Corporate Governance (GCG) principles throughout the organization.
- Established an Internal Audit Division to monitor and evaluate internal controls and identify/mitigate risks.
- Implemented a whistleblowing system for reporting violations.
Climate Goals & Targets
Short-term Goals:
- Increase sales by 10% in 2022.
Environmental Challenges
- Low employee awareness of sustainability practices.
- Economic pressure due to the Covid-19 pandemic and the Russo-Ukrainian war, impacting purchasing power and raw material prices.
- Fluctuations in exchange rates and raw material prices.
Mitigation Strategies
- Building a culture of sustainability and internalizing it within employees.
- Implementing product innovation and adding value to products to enhance competitiveness.
- Optimizing workforce and raw material efficiency.
- Monitoring international price movements and using multiple suppliers for raw materials.
- Monitoring and managing currency exchange rate fluctuations.
Supply Chain Management
Responsible Procurement
- Using multiple suppliers for raw materials.
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: Indonesian Financial Accounting Standards (SAK)
Third-party Assurance: Paul Hadiwinata, Hidajat, Arsono, Retno, Palilingan & Rekan