PT Wahana Inti Selaras
Climate Impact & Sustainability Data (2020, 2021, 2022, 2023)
Reporting Period: 2020
Environmental Metrics
ESG Focus Areas
- Corporate Social Responsibility
- Corporate Governance
Social Achievements
- Handover of Practical Equipment for 10 Vocational Schools
- Assistance to Flood Victims in Jabodetabek
- Donation for Kasih Anak Kanker Indonesia Foundation
- Dissemination of Financial Literacy and Inclusion Education
- Public Kitchen for Covid-19 Care Program
- Assistance for Public Health Center in Pancoran
- Food Packages Assistance
- Smartphone Assistance and Internet Quota
Governance Achievements
- Implementation of Governance Guideline
- Anti Corruption Policy
- Policy to Prevent Insider Trading
- The Company’s Code of Ethics
Climate Goals & Targets
Environmental Challenges
- Negative economic growth (-2.07%) due to the Covid-19 pandemic.
- Decrease in national vehicle sales (44.53%).
- Decrease in Company's net revenues (18.18%).
- Unstable commodity prices and exchange rates.
Mitigation Strategies
- Established strategic policies and business development focusing on cost and benefit considerations.
- Continued business expansion in logistics/transportation, energy, and education.
- Regular evaluation of developments and funding needs for various businesses and expansion plans.
- Implementation of good corporate governance.
Supply Chain Management
Climate-Related Risks & Opportunities
Awards & Recognition
- Digital Innovation for Excellent Performance 2020
- Car of the Year
- Indonesia Most Popular Digital Financial Brands Award 2020
- Excellent Financial Performance Full Year 2019
- Top 4 Excellent Financial
- The Big 4 IT for Multifinance
- The Best Digital Technology & Performance Excellence 2020
- The Best Human Capital in People Development & Technology Services 2020
- Best Company in Managing Foreign Loan
- Car of the Year
- Top Digital Implementation 2020 on Multifinance Sector
Reporting Period: 2021
Environmental Metrics
Total Energy Consumption:2,217 thousand kWh
Water Consumption:22 thousand m3
ESG Focus Areas
- Economic
- Social
- Environmental
Environmental Achievements
- Contribution through Suzuki in the implementation of Green Technology, namely the HEARTECT platform for lighter vehicle design that improves fuel efficiency.
- Contribution through Nissan to develop a hybrid vehicle that converts fuel into electrical energy via Nissan Kicks e-POWER and electric vehicle to establish a zero emission car via Nissan Leaf.
Social Achievements
- Providing job opportunities for all employees to develop their careers and competencies regardless of ethnicity, religion, race, social status, gender, or other physical conditions.
- Committing to employee welfare by giving pension fund allowance through Company’s pension fund program.
- Various social responsibility programs such as training programs for UP PKB Testing Team of DKI Jakarta Department of Transportation, donation for orphans at Kota Bukit Indah village, cash donation to employees that were affected by flash flood and landslide in South Kalimantan and NTT, donation of 1 unit of ambulance to the Indonesian Red Cross (PMI) and 1 unit of school bus to the Foundation for the Development of Children with Disabilities (YPAC), donation of Cabin Assembly practice tools to SMK Karya Nasional in Kuningan, West Java, and donation of 1 unit of Hino working station vehicle to the Ditreskrimsus Polda Metro Jaya.
Governance Achievements
- Implementing good corporate governance by following the rules and regulations and ensuring transparency to protect the interest of stakeholders.
- Establishing an Internal Audit unit that is functioning satisfactorily by giving feedbacks, recommendations, and projection that are very useful for the Company.
- Implementing a whistleblowing system in its working units.
Climate Goals & Targets
Environmental Challenges
- Fluctuation of Rupiah exchange rate, commodity and energy price, along with the unstable global economy.
Mitigation Strategies
- Regularly evaluating the developments and funding needs for various businesses and expansion plans.
- Implementing cost and benefit oriented strategy.
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: POJK No. 51/POJK.03/2017
Sustainable Products & Innovation
- Suzuki Baleno, Ertiga, Ignis, S-Cross, and XL7 models (HEARTECT platform)
- Nissan Kicks e-POWER
- Nissan Leaf
Awards & Recognition
- 2021 Indonesia Excellence Acclaimed Company award from Warta Ekonomi (PT Indomobil Finance Indonesia)
- The 3rd Best Multifinance Company Category (assets’ category Rp10-25 Trillion) award from Economic Review (PT Indomobil Finance Indonesia)
- 2021 Excellent Marketing Program Award from Iconomics (PT Indomobil Finance Indonesia)
- The Big 4 2021 Indonesia Enterprises Risk Management award from Economic Review (PT Indomobil Finance Indonesia)
- 3rd The 2021 Best Indonesia Human Capital award from Economic Review (PT Indomobil Finance Indonesia)
- Best Multifinance with Excellent Financial Performance and Digital Service Innovation award from Warta Ekonomi (PT Indomobil Finance Indonesia)
- Best Company in Managing Foreign Loan award from Bank Indonesia (PT Indomobil Finance Indonesia)
- 2021 Indonesia Finance Award IV from Economic Review (PT Indomobil Finance Indonesia)
Reporting Period: 2022
Environmental Metrics
Total Energy Consumption:48,306,789 kWh
Water Consumption:7,928,461 m3
ESG Focus Areas
- Environmental
- Social
- Governance
Environmental Achievements
- Reduced electricity consumption by 8.1% (from 52,544,650 kWh to 48,306,789 kWh)
- Reduced water consumption by 33.4% (from 11,892,061 m3 to 7,928,461 m3)
- Reduced paper consumption by 25.8% (from 5,392 reams to 7,245 reams)
- Reduced fuel consumption by 9.2% (from 207,530 liters to 228,790 liters)
- Reduced diesel generator usage by 7.8% (from 1,550 liters to 1,423 liters)
- Planted 2,000 mangrove tree seedlings
Social Achievements
- Implemented an apprenticeship program for vocational school graduates
- Provided material assistance, sacrificial animals, and actively participated in environmental awareness
- Distributed basic necessities to communities in Silo Baru and Cianjur
- Conducted Basic Technician Course and Basic Operator training programs
Governance Achievements
- Successfully issued bonds through the Indonesia Stock Exchange
- Established an Audit Committee
- Established an Internal Audit Unit
- Implemented a Whistleblowing System
- Implemented an Anti-Corruption Policy
- Regularly conducted training and competency improvement programs for Board of Directors and Commissioners
Climate Goals & Targets
Environmental Challenges
- Potential global supply chain disruptions due to China's lockdown policy
- Fluctuating global economic conditions
- Rising inflation and tightening monetary policy
Mitigation Strategies
- Developed alternative sourcing strategies
- Improved operational efficiency
- Increased inventory turnover and collectability of trade receivables
- Focused on building an agile and robust business by prioritizing sustainability
- Developed a Command & Data Center (CDC) to centrally monitor and control machine operations
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: POJK No. 51/POJK.03/2017, SEOJK No. 16/SEOJK.04/2021
Sustainable Products & Innovation
- Environmentally friendly heavy equipment that uses electrical energy
Awards & Recognition
- MANITOU Dealer of The Year 2022
- RENAULT TRUCK Diamond Retail Performance Award 2022
- VOLVO TRUCK Indonesia Market Leader 2022 Award
- KALMAR Top Performer Award 2022 in AMEA
Reporting Period: 2023
Environmental Metrics
Total Energy Consumption:1,549,483 thousand kWh
Water Consumption:38,362 thousand cubic meters
ESG Focus Areas
- People
- Planet
- Prosperity
- Peace
- Partnership
Environmental Achievements
- Reduced electricity consumption
- Reduced water consumption
- Reduced paper consumption
- Reduced gasoline consumption
- Reduced diesel-generator consumption
- Focus on marketing and selling environmentally friendly heavy equipment that uses electricity to reduce greenhouse gas emissions
- Planting 2,000 mangrove seedlings in North Sumatra
Social Achievements
- Handover of an ambulance unit to Ukrida Hospital
- Planting avocado trees in Sleman, Yogyakarta and providing agricultural mechanism training
- Basic Technician Course education and training program for residents around mining areas
Governance Achievements
- Successfully implemented good corporate governance
- Issued Obligasi II Wahana Inti Selaras Tahun 2023 with a principal value of Rp2,433,600,000,000
- Completed the repayment of the matured 2022 bonds
Climate Goals & Targets
Environmental Challenges
- Decline in heavy equipment sales (10.8% yoy)
- Cautious attitude of business players amid economic uncertainty
- Climate change and its impact on agricultural production
- Potential economic losses due to climate change
- Geopolitical instability and its impact on commodity prices
- Data leakage risk
Mitigation Strategies
- Diversification into broader business segments
- Continuous improvement of after-sales service
- Improving the Company’s financial health
- Development of digital technology
- Continuous improvement of human resources
- Completing the product line
- Expanding sales and after-sales network
- Improving sales performance
- Strengthening relationships with principals
- Implementing long-term lease contracts
- Implementing proactive steps to improve data security
Supply Chain Management
Supplier Audits: 46 local suppliers
Climate-Related Risks & Opportunities
Physical Risks
- El Niño and its impact on food commodity prices
Opportunities
- Development of energy-efficient products
Reporting Standards
Frameworks Used: POJK No. 51/POJK.03/2017, SEOJK No. 16/SEOJK.04/2021
Sustainable Products & Innovation
- Electric heavy equipment
Awards & Recognition
- Volvo Diamond Retail Performance Award 2023
- SDLG Outstanding Dealer 2023