Climate Change Data

PT MNC Vision Networks Tbk

Climate Impact & Sustainability Data (2022, 2023)

Reporting Period: 2022

Environmental Metrics

ESG Focus Areas

  • Environmental
  • Social
  • Governance

Social Achievements

  • Organized COVID-19 vaccination center for employees, families, and the public.
  • Reactivated employee engagement activities like breaking the fast together, sports events, and cultural performances.
  • Developed the Power of Your ID (POID) program offering MNC Group products at special employee prices.
  • Implemented CSR programs by donating to various foundations and communities.

Governance Achievements

  • Consistently implemented Good Corporate Governance (GCG) principles.
  • Established an integrated HR Management System (e-hiring, e-PA, e-leave, e-learning, e-payroll, e-exit management).
  • Held Annual General Meeting of Shareholders (AGMS) and Extraordinary General Meetings of Shareholders (EGMS).

Climate Goals & Targets

Environmental Challenges

  • Cord-cutting trends in Indonesia and globally.
  • Competition in the Pay TV and broadband internet market.
  • Relatively low penetration rate for Pay TV services and broadband internet in Indonesia compared to other major Asian economies.
Mitigation Strategies
  • Persistent innovation and execution of strategies to cement industry dominance.
  • Focus on building a quality subscriber base by providing high-quality content.
  • Cross-platform upselling efforts to transition DTH subscribers to higher ARPU services (MNC Play).
  • Expansion of bundled services (fiber and IPTV).
  • Aggressive marketing strategies with diverse product offerings (MNC Vision's S-Band and KU-Band products).
  • Leveraging MNC Media's content production capabilities.
  • Strategic investment in Migo Indonesia to expand reach to mass market.

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: POJK No. 29/POJK.04/2016, POJK No. 51/POJK.03/2017, SE 16/2021, Sustainable Development Goals (SDGs)

Awards & Recognition

  • Indonesia Millennials’ Brand Choice Award 2022
  • Brand Finance Indonesia Top 100
  • Indonesia Most Acclaimed Company 2022

Reporting Period: 2023

Environmental Metrics

ESG Focus Areas

  • Business Sustainability
  • Sustainable Development Goals (SDGs)
  • People, Planet, and Profit (3Ps)
  • Environmental, Social, and Governance (ESG)

Social Achievements

  • Corporate social responsibility events: "Healthy & Charity X Pound with MNC Squad", assistance to Esa Sasana Surya Foundation, and Imago Dei Kayu Putih Foundation.
  • MNC Vision's 29th anniversary celebration with the theme "Dare to Change".

Governance Achievements

  • Implementation of Good Corporate Governance (GCG) principles.
  • Development of an integrated HR Management System (e-hiring, e-PA, e-leave, e-learning, e-payroll, e-exit management).
  • Divestment of broadband business to Indosat Ooredoo Hutchison and Asianet Media Teknologi.

Climate Goals & Targets

Environmental Challenges

  • Neutral growth in the industry.
  • Piracy in the Pay TV industry.
  • Changing consumer preferences and behaviors.
  • Competition in the subscription-based media landscape.
Mitigation Strategies
  • Redefining business focus on content delivery across subscription-based platforms.
  • Streamlining operations and reallocating resources.
  • Securing agreements with INVIDI Technologies and Finecast for addressable TV advertising.
  • Investing in high-quality content production, particularly local content.
  • Collaborating with regional and global partners for content production.
  • Implementing good corporate governance principles.
  • Integrating social responsibility into business practices.

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: POJK No. 29/POJK.04/2016, POJK No. 51/POJK.03/2017, SE 16/2021, Sustainability Report