PT Kedawung Setia Industrial, Tbk.
Climate Impact & Sustainability Data (2022, 2023)
Reporting Period: 2022
Environmental Metrics
Total Energy Consumption:14,378,580 kWh/year
Water Consumption:322,804 m3/year
ESG Focus Areas
- Sustainability
Environmental Achievements
- Reduced electricity usage from 15,394,886 kWh in 2021 to 14,378,580 kWh in 2022
- Reduced water usage from 296,643 m3 in 2021 to 322,804 m3 in 2022
Social Achievements
- Maintained low employee turnover (1.1% in 2022)
- Allocated Rp 152,597,000 for CSR/Community Development Program in 2022
Governance Achievements
- Implemented Good Corporate Governance (GCG) principles
- Obtained ISO 9001:2015 certification for quality management system
Climate Goals & Targets
Short-term Goals:
- Increase sales and net profit by 5% in 2023
Environmental Challenges
- Global stagflation impacting buying power
- High inflation rates in various countries
- Decline in sales of enamel-coated household appliances
Mitigation Strategies
- Focus on cash strategy (selective customers, longer payment terms, tightened investments)
- Increased internal capabilities (strengthened risk management, workforce information system)
- Focused on employee competency development
- Market penetration and new product introduction
- Fixed selling price policy
- Infrastructure and distribution network development
- Reduced production capacity with labor and cost adjustments
- Improved customer service (timely delivery)
Supply Chain Management
Climate-Related Risks & Opportunities
Awards & Recognition
- Best of the Best Awards from Forbes Indonesia
- Top 40 Fastest Growing Company (INFObank)
Reporting Period: 2023
Environmental Metrics
ESG Focus Areas
- Sustainability
Social Achievements
- Various training programs were provided to employees to maintain employee satisfaction and motivation.
Governance Achievements
- The Company is fully committed to implementing GCG principles, namely transparency, accountability, responsibility, independence, fairness, and equality.
Climate Goals & Targets
Environmental Challenges
- Market competition with similar industries both at home and abroad.
- Fluctuations in commodity prices, price monopolies, and high inflation rates.
- Growth of MSMEs leading to new competitors.
- Changes in consumer behavior and lifestyle.
- Political agenda through the 2024 elections.
Mitigation Strategies
- The Company is comprehensively reviewing and formulating strategic steps to maintain sustainable growth and make better achievements in the future.
- Implementing a focus on cash strategy, being more selective towards customers or buyers who are good payers.
- Negotiating trade payables with longer payment terms and tightening investments for low-value investments and high payback or Return On Investment.
- Improving capabilities by implementing the three lines of defense business process management to strengthen risk management.
- Improving production efficiency and effectiveness and optimizing the workforce information system.
Supply Chain Management
Climate-Related Risks & Opportunities
Awards & Recognition
- The Most Awarded Business Partner, Fire of Excellence - Djarum (2007-2016)
- Best Business Partner of The Year - Djarum (2008)
- Sampoerna Supplier Award – Direct Material Category – Sampoerna (2008)
- Direct Material Category – Sampoerna Supplier Conference (2009)
- Best Business Partner of The Year - Djarum (2010)
- Value Creation Idea - SSC (2011)
- Process Excellence -SSC (2011)
- The Best Supporting Award - Chitose (2012)
- Best Business Partner of The Year - Djarum (2012)
- Th Best Vendor PT Bintang Toedjoe – Kalbe (certicate) (2012)
- Th Best Vendor PT Bintang Toedjoe – Kalbe (Kalbe Vendor Award) (2012)
- Best Business Partner of The Year - Djarum (2013)
- Best performance Factory – Special Prize – Plus Corporation Japan (2013)
- Best Business Partner of The Year - Djarum (2014)
- Best Business Partner of The Year - Djarum (2015)
- In Recognition of Its Valuable Contribution of Supplier to Danone Aqua (2017)
- Implement ABC System at finish Product and Process - Aqua (2017)
- Nominee The Best On Time Delivery - Kalbe (2018)
- Best Quality Vendor – Avian (2018)
- Best In Quality – Kalbe (2018)