Climate Change Data

Environmental Metrics

ESG Focus Areas

• Economic
• Social
• Environmental

Environmental Achievements

• Reduced energy consumption (Electricity: 6,207,760 Kwh in 2023 vs 6,124,380 Kwh in 2022; Fuel Oil: 5,000 liters in 2023 vs 4,000 liters in 2022; Gas: 16,341 MMBTU in 2023 vs 16,590 MMBTU in 2022); Reduced water consumption (51,219 m3 in 2023 vs 42,865 m3 in 2022); Reduced solid waste (108.52 tons in 2023 vs 175.61 tons in 2022)

Social Achievements

• Consistently carried out CSR activities; Provided equal employment opportunities to female employees; Provided managerial positions for women; Eliminated discrimination against women in the workplace; Enforced leave rights for women in accordance with applicable regulations; Offered objective remuneration to female employees; Provided employment opportunities for local workforce; Implemented Employee Stock Allocation (ESA) program for 25 employees

Governance Achievements

• Established an Audit Committee and a Nomination and Remuneration Committee; Established an Internal Audit Unit; Implemented good corporate governance (GCG) principles; Improved GCG implementation; Conducted periodic assessments of GCG implementation; Implemented anti-corruption and anti-fraud policies; Implemented a whistleblowing system

Climate Goals & Targets

Environmental Challenges

• Global economic slowdown due to geopolitical escalation, financial market uncertainty, and slow economic recovery in advanced countries; Decrease in profit margins due to falling product selling prices while input costs remained relatively fixed; Global disinflation risked hampering Indonesia’s economic growth

Mitigation Strategies

• Listed shares on the Indonesia Stock Exchange to strengthen capital; Used 50% of IPO proceeds for capital expenditure (factory renovation and machinery purchase); Used 50% of IPO proceeds for working capital (raw materials and marketing); Strengthened marketing strategies based on research, new product launches, and product innovation; Implemented a multi-distributor system; Cooperated with multiple suppliers to avoid raw material supply disruptions; Implemented an SAP program to improve data accuracy

Supply Chain Management

Responsible Procurement

• Cooperation with multiple suppliers to ensure raw material supply

Climate-Related Risks & Opportunities

UN Sustainable Development Goals

• Goal 8: Decent work and economic growth
• Goal 12: Responsible consumption and production
• Goal 17: Partnerships for the goals

Initiatives are aligned with SDGs in economic, social, and environmental aspects

Awards & Recognition

• Top Brand Awards 2023 (multiple categories)