PT Inocycle Technology Group Tbk
Climate Impact & Sustainability Data (2020, 2021, 2023)
Reporting Period: 2020
Environmental Metrics
Total Carbon Emissions:0.0005 tCO2e per production unit
ESG Focus Areas
- Environmental
- Social
- Governance
Environmental Achievements
- Processing 2 billion plastic bottles waste into resources annually
- Reducing carbon footprint to 0.0005tCO2 emission per production unit
Social Achievements
- Initiatively producing masks in response to the Covid-19 pandemic, with a targeted production capacity of 4 million masks per month.
Governance Achievements
- Received ESG certification from The Planet Mark
Climate Goals & Targets
Environmental Challenges
- Covid-19 pandemic and its impact on demand and supply chains
Mitigation Strategies
- Producing PPE (personal protective equipment), conducting R&D to support the production of medical equipment, and maintaining ESG certification.
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: Global Recycle Standard (GRS)
Certifications: ESG certification from The Planet Mark
Reporting Period: 2021
Environmental Metrics
Total Carbon Emissions:24,777.9 tCO2e
Renewable Energy Share:92% of total raw materials
Total Energy Consumption:23,331,484 kWh
Water Consumption:67,681 m3
Waste Generated:283 tons (Non-B3), 0.986 tons (B3)
ESG Focus Areas
- Environmental Sustainability
- Social Responsibility
- Economic Growth
Environmental Achievements
- Reduced carbon emissions by 3.1% per ton of production.
- Processed around 36,000 tons of plastic bottle waste for recycling.
- Used 33,000 tons of renewable materials (92% of total raw materials).
Social Achievements
- Implemented strict health protocols to prevent Covid-19 spread.
- Increased employee count by 58% to 1,588.
- Provided employee benefits including BPJS Kesehatan and BPJS Ketenagakerjaan.
- Zero incidents of discrimination reported.
Governance Achievements
- Implemented Good Corporate Governance (GCG) principles.
- Complied with all applicable regulations.
- No incidents of non-compliance with product quality regulations.
Climate Goals & Targets
Environmental Challenges
- Covid-19 pandemic and its impact on global and domestic economies.
- Rising raw material prices and high shipping costs.
- Decreased demand for products in some sectors.
- Limited opportunities for export market expansion.
Mitigation Strategies
- Implemented Work From Home (WFH) policy.
- Strict health protocols and vaccination requirements.
- Focus on domestic market and product value addition.
- Synergies with group entities and stakeholders.
Supply Chain Management
Responsible Procurement
- Collaboration with local suppliers (70% of procurement in 2021), including 25% SMEs.
- Focus on sustainable and recycled materials.
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: GRI, UN SDGs
Certifications: ISO 14001:2015, Global Recycle Standard (GRS), Planet Mark
UN Sustainable Development Goals
- 3
- 5
- 7
- 8
- 10
- 12
- 13
- 15
Initiatives align with SDGs through responsible environmental management, social empowerment, economic growth, and waste reduction.
Sustainable Products & Innovation
- Re-PSF, Non-Woven, Homeware products made from recycled plastic bottles.
Awards & Recognition
- Original Rekor Indonesia (ORI) award for waste sorting campaign.
Reporting Period: 2023
Environmental Metrics
Total Carbon Emissions:25,475 tCO2e
Scope 1 Emissions:6,909 tCO2e
Scope 2 Emissions:18,252 tCO2e
Scope 3 Emissions:314 tCO2e
Renewable Energy Share:Not disclosed
Total Energy Consumption:219,608 Gigajoules
Water Consumption:169,914 m3
Waste Generated:428 drums (hazardous) + 36 tons (non-hazardous)
Carbon Intensity:0.79 tCO2e/ton in 2023
ESG Focus Areas
- Economic
- Environmental
- Social
- Sustainable Development Goals (SDGs)
Environmental Achievements
- Reduced emissions through the use of renewable energy (palm shells and candlenut shells) in the Karanganyar factory.
- Maintained biodiversity by planting approximately 1,750 trees in a 1.2-hectare area at the Head Office.
- 100% wastewater treatment and discharge meeting water quality standards.
Social Achievements
- Created jobs for the surrounding community as PET bottle collectors (40,000 tons collected annually).
- Implemented occupational health and safety policies resulting in zero work accidents, fires, and environmental accidents.
- Consistently implemented CSR activities.
Governance Achievements
- Established a risk management policy to address economic, social, and environmental risks.
- Implemented sustainable finance principles.
- Board of Directors leads and oversees the implementation of sustainable finance, coordinated by the Finance Director.
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Not disclosed
Environmental Challenges
- Limited understanding and participation of financial institutions in sustainable finance practices.
- High energy consumption and waste generation inherent in manufacturing operations.
- Need to reduce environmental impact and improve energy efficiency.
Mitigation Strategies
- Implementing sustainable business strategies and environmentally friendly business practices.
- Expanding the network by building factories in various major cities in Indonesia to ensure raw material supply.
- Continuous improvement of K3 management system and performance to enhance a good K3 culture in the workplace.
- Using energy efficient LED lamps, using electricity as needed, rejuvenating production machines, and using palm shells and candlenut shells as alternative energy.
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Prioritizing local suppliers for Non-B3 waste transportation.
- Using raw materials produced by the community.
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Carbon credits from core business (PET waste recycling).
Reporting Standards
Frameworks Used: Null
Certifications: ISO 9001:2015, Global Recycle Standard (GRS), ISO 14001:2015, ISO 45001:2018, The Planet Mark
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- SDG 6
- SDG 7
- SDG 8
- SDG 9
- SDG 11
- SDG 12
- SDG 13
- SDG 14
- SDG 15
The company's activities contribute to these SDGs through waste recycling, renewable energy use, job creation, community engagement, and biodiversity conservation.
Sustainable Products & Innovation
- Micro Fiber
- Optical Back Propagation (OBP) Fiber
Awards & Recognition
- Not disclosed