Climate Change Data

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