PT Maja Agung Latexindo Tbk
Climate Impact & Sustainability Data (2023)
Reporting Period: 2023
Environmental Metrics
Total Carbon Emissions:2,119.12 tCO2e
Total Energy Consumption:1,963,031.60 kWh
Water Consumption:136,870 liters
Waste Generated:71,307.72 kg solid waste; 121,814.30 liters liquid waste
ESG Focus Areas
- Economic
- Environmental
- Social
- Governance
Environmental Achievements
- Switched from LNG gas to biomass fuel for production, reducing carbon emissions.
- Successfully obtained various certifications for its latex gloves, demonstrating compliance with health and hygiene standards.
Social Achievements
- Maintained a strong relationship with local rubber farmers in Sumatra, supporting local agriculture and the economy.
- Implemented equal employment opportunities and anti-discrimination policies in the workplace.
Governance Achievements
- Successfully conducted an Initial Public Offering (IPO) on the Indonesia Stock Exchange.
- Established an Internal Audit Unit and Audit Committee to ensure transparency and accountability.
Climate Goals & Targets
Environmental Challenges
- Declining national rubber production due to plant disease outbreaks.
- Rising commodity prices and increasingly stiff competition in the industry.
- Fluctuations in energy prices and availability.
Mitigation Strategies
- Signed long-term contracts with rubber raw material suppliers to ensure availability.
- Implemented principles of caution and adaptability in its operations to address challenges.
- Established active communication with energy suppliers to anticipate price increases.
Supply Chain Management
Responsible Procurement
- Building strong relationships with raw material suppliers, including capacity building and knowledge sharing.
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: Presidential Regulation (PERPRES) No. 59 of 2017, Financial Services Authority Regulation (POJK) No. 51/POJK.03/2017, SEOJK No. 16/SEOJK.04/2021
Certifications: Certificate of Good Manufacturing Practice for Medical Devices (issued by the Ministry of Health), EU Type Examination Certificate (issued by Centexbel)
Sustainable Products & Innovation
- Latex gloves made from natural rubber, which are biodegradable.