Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Social Achievements

• Received the COVID-19 Prevention and Control Program Award in the workplace with the Gold Category from Minister of Manpower of the Republic of Indonesia
• Received the COVID-19 Prevention and Control Program Award in the workplace with the Platinum Category from East Kalimantan Provincial Government
• Achieved Zero Injury Accident based on Occupational Health and Safety Performance Statistics in Mining from PT Arutmin Indonesia Tambang Asamasam

Governance Achievements

• Implementation of Good Corporate Governance (GCG) principles
• Issuance of Governance Guidelines on September 19, 2019
• Appointment of Mr. Aditya Paruliangui as Director of the Company

Climate Goals & Targets

Environmental Challenges

• COVID-19 pandemic
• 18% drop in coal cargo transportation volume

Mitigation Strategies

• Strict health protocols
• Diversification of cargo transportation (nickel ore, CPO, stone, other bulk cargo)
• Increase in number of owned vessels
• Business development through partnerships and joint ventures
• Improved fleet utility and operational cost efficiency
• On-time loan payments
• Implementation of CSR programs

Supply Chain Management

Climate-Related Risks & Opportunities

Awards & Recognition

• COVID-19 Prevention and Control Program Award (Gold Category)
• COVID-19 Prevention and Control Program Award (Platinum Category)
• Zero Injury Accident Award

Environmental Metrics

ESG Focus Areas

• Environment
• Social
• Governance

Environmental Achievements

• Obtained ISO 14001:2015 for the provision of logistics and sea transportation services.

Social Achievements

• Zero Loss Time Injury & Fatality from PT Arutmin Indonesia; Loss Time Injury for 4 million man-hours from PT Kaltim Prima Coal (September 2019 - December 2022).

Governance Achievements

• Implemented all GCG principles (transparency, accountability, responsibility, independence, fairness, and equality); No findings in internal audit process.

Climate Goals & Targets

Environmental Challenges

• Global supply chain disruptions due to the Russia-Ukraine war; Energy and food crises; High inflation; Bad weather conditions; Temporary ban on coal exports (January 2022).

Mitigation Strategies

• Strengthened risk mitigation across business segments; Developed employee and crew competencies; Strengthened internal controls; Increased prudence in vessel operations; Gradual fleet rejuvenation and expansion; Maintaining good relationships with customers and lenders; Developing an integrated digital system (target completion 2025); Implementing an ESG program.

Supply Chain Management

Climate-Related Risks & Opportunities

Physical Risks

• Bad weather

Awards & Recognition

• Zero Lost Time Injury & Fatality (PT Arutmin Indonesia), LTI Free 4,000,000 Man Hours (PT Kaltim Prima Coal)

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Not disclosed

Social Achievements

• Achieved Zero Lost Time Injury Accident (based on Mining Occupational Health and Safety performance statistics for the 2023 period) and received an award from PT Arutmin Indonesia.
• Received the Zero Accident Award from the East Kalimantan Provincial Government and the Platinum Category Prevention and Mitigation Program (P2) Covid-19 Workplace Award from the East Kalimantan Provincial Government.
• Received the Platinum Category Workplace Covid-19 Prevention and Mitigation Program Award from the Minister of Manpower of the Republic of Indonesia and the Zero Accident Award from the Minister of Manpower of the Republic of Indonesia.
• Received an award from PT Kaltim Prima Coal as “The Best OSM (On Spot Monitoring) Contractor”.
• Received a charter of appreciation from the Minister of Energy and Mineral Resources for its achievements in the standardization and management of mineral and coal mining services for the business services group in the 2022 assessment period.

Governance Achievements

• Continued refinement of Good Corporate Governance (GCG) across all work units based on internal and external audit findings and Audit Committee recommendations.
• Improved Whistleblowing System (WBS) by facilitating easier access for reporters and adding a complaint box.
• Updated WBS Guidelines in August 2023 to include SOP violations and deviations from norms and ethics.
• Improved the quality of its website and presented information in both Indonesian and English.

Climate Goals & Targets

Environmental Challenges

• Bad weather conditions that hindered the smooth transportation and delivery of customer cargo.
• Shortage of fleet capacity to transport customers’ cargo due to limited fleet size and limited availability of third-party charter vessels.
• High freight costs for available charter vessels compared to the freight prices from the Company’s customers.

Mitigation Strategies

• Instructed crew to operate with extra caution and take temporary protective measures when necessary.
• Insured vessels and cargo against potential losses due to bad weather or crew negligence.
• Regularly increased the fleet size to address the limitations in the fleet capacity owned by the Company.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Not disclosed

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: Null

Certifications: ISO 9001:2015, ISO 14001:2015, ISM Code, ISO 45001:2018

Third-party Assurance: Lloyd’s Register Quality Assurance (LRQA)

UN Sustainable Development Goals

• Not disclosed

Company committed to the “3P” principles (Profit, Planet, and People) and contributing to the Sustainable Development Goals (SDGs).

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Zero Accident Award (Minister of Manpower)
• Zero Accident Award (East Kalimantan Provincial Government)
• Platinum Category Prevention and Mitigation Program (P2) Covid-19 Workplace Award (Minister of Manpower)
• Platinum Category Award for Covid-19 Prevention and Control Program at the Workplace (East Kalimantan Provincial Government)
• Zero LTI Award (PT Arutmin Indonesia)
• CPHD Award 2023 Best OSM Contractor (PT Kaltim Prima Coal)
• Award for Standardization Management and Mining Services (Ministry of Energy and Mineral Resources)