For the effective implementation of Sustainable Finance, the Company applies the following principles:
- Responsible Investment
Every investment made by the Company is not only expected to have a positive implication on the economy but also considers environmental, social and sustainable governance aspects in investment decisions so can manage risk better. - Sustainable Business Strategies and Practices The Company emphasizes achieving long-term goals in implementing every strategy and business practice.
- Social and Environmental Risk Management Each of the Company's operational activities always pays attention to social and environmental implication, especially to the public and the environment around the Company's factories.
- Sustainable governance The Company implements sustainable governance which not only pays attention to economic aspects but also the environment and social aspects.
- Informative communication Provide effective communication facilities and infrastructure for Stakeholders, including preparing a Sustainability Report in accordance with prevailing regulations, which is easy to understand, accountable and can be delivered through the Company's website.
The Company prepares various strategic policies related to sustainability according to their needs and evaluates their effectiveness on a regular basis, both long term and short term. The prepared strategies including risk management and the results to be achieved in accordance with the conditions and business environment.
It has been the Company's principle to be in the environment friendly industry. The types of product and related production process enable the waste and scrap to be recycled and used as a mixture with the original materials to produce certain items. Plastic and PVC products can be palletized into small particles while aluminium can be burnt down to be cast aluminium. With that process, the production waste can also be minimized.
The Company has Green Label certificate for environmentally friendly products. At each factory location, it has been equipped with an adequate Waste Water Treatment Plant (IPAL) so it will not damage the quality of the environment around the factory. In addition, the Company's factories were established in industrial areas far from conservation areas, so that will not affecting the protected biodiversity.
Most of the raw materials and indirect materials are obtained from domestic suppliers. Production of indirect materials not only come from large manufacturers but also involve Micro, Small and Medium Enterprises (UMKM) as a form of the Company's commitment to implementing sustainable finance business processes.Each supplier or vendor is selected according to product quality standards and the needs of the Company by taking into account the smooth supply chain of raw materials and auxiliary materials to support production activities.
To improve the welfare of the community around the factory, the Company recruits employees from around the factory.
The main of the energy used in the production of the Company products are energy that environmentally friendly, that are Liquefied Natural Gas (LNG) from PT Perusahaan Gas Negara Tbk (PGN) and electricity from PT Perusahaan Listrik Negara (Persero) which generate very minimum emission.