In recognition of the Company's continuous efforts to create benefits for the environment and society, Chandra Asri was received four awards at the "Indonesia Corporate Social Responsibility Awards VI," organized by Economic Review Magazine. The awards were received directly on Thursday, August 31, 2023, by Edi Rivai, serving as the Legal and External Affairs & Circular Economy Director, Suryandi, the Human Resources & Corporate Affairs Director, and Phuping Taweesarp, the ESG & Sustainability Director.
During the Indonesia Corporate Social Responsibility Awards VI, Edi Rivai, in his capacity as the Director of Legal, External Affairs & Circular Economy at Chandra Asri, was named The Best Commitment Director of 2023. The Company also received three other awards: The Best of The Best Overall Implementation Program (ESG – SDG – CSR) – Platinum Award (Very Excellent), the Best of The Best Category Environmental Social Governance - Platinum Award (Very Excellent), and the Best of The Best Category Overall Company – Platinum Award (Very Excellent). These accolades were granted in recognition of the Company's efforts in end-to-end plastic waste management (IPST-ASARI and SAGARA), the development of the Lembur Mangrove Patikang Edu-Ecotourism Area, and the ESG framework known as R.E.S.P.O.N.S.I.B.L.E, which was initiated by Chandra Asri.
At the Global CSR & ESG Awards 2023™ organized by The Pinnacle Group International, Chandra Asri successfully secured four awards in recognition of the Company's commitment to sustainability. Held in Da Nang, Vietnam, on Tuesday, August 29, 2023, the Global CSR & ESG Awards 2023™ is the most prestigious CSR and ESG awards program at the Asian level that has been organized for 15 years. These awards are bestowed upon companies with extraordinary, innovative, and world-class products, services, and programs that have been implemented or are in progress. Recipients must also demonstrate leadership, sincerity, and an ongoing commitment to upholding ethical values, complying with the law, and showing respect for individuals, communities, and the environment in their business practices.
At this awards, Chandra Asri was honored with four recognitions: Best CEO Platinum Category Awarded to Mr. Erwin Ciputra, President Director of Chandra Asri, in recognition of his leadership and dedication to prioritizing sustainability; Best Community Program Award Gold Category— recognizing Chandra Asri's End-to-End Plastic Waste Management program, which empowers communities through the development of IPST ASARI; Best Environmental Excellence Award Gold Category— acknowledging the Patikang Edu-Ecotourism Mangrove Overtime project, which demonstrates the Company's commitment to developing coastal communities through sustainable mangrove management, and CSR & ESG Leadership Award Gold Category— honoring Chandra Asri's specially developed ESG framework, known as R.E.S.P.O.N.S.I.B.L.E.
To enhance the competitiveness of the petrochemical industry value chain, Chandra Asri and BRI have officially joined forces to provide financing facility for Chandra Asri's domestic customers. This collaboration in offering financing facility marks the first financing scheme designed specifically by BRI for the national petrochemical industry. Through a symbolic signing, this partnership was formally held in Jakarta on August 29, 2023, by Raymond Budhin, Chandra Asri's Polymer Sales Director; Rully Aryawan, Chandra Asri's Supply Chain Director; and Agus Noorsanto, BRI's Institutional & Wholesale Business Director.
The financing facility is provided to boost wholesale transaction volume while simultaneously supporting Indonesia's focus on enhancing the downstream industry through the optimization of domestic raw material processing. The collaboration between Chandra Asri and BRI also serves as an acknowledgment to the Company's customers who have chosen domestically produced content to support their businesses. This initiative aligns with the Company's commitment to become a growth partner, effectively addressing domestic demand challenges and sustaining Indonesia's downstream industry.
At the 4th Indonesia Public Relations Awards 2023 event, PT Chandra Asri Petrochemical Tbk (Chandra Asri) succeeded in being listed in the 2023 Popular Companies & Institutions Awards. The award was presented by Bram S. Putro, Founder & CEO of The Iconomics, and was directly received by Chrysanthi Tarigan, Corporate Communications General Manager of Chandra Asri.
During this annual communication awards event, The Iconomics assessment team selected hundreds of companies and institutions, including those listed on the Indonesia Stock Exchange (IDX) and those not listed. For companies like Chandra Asri that are listed on the IDX, the jury evaluates them based on liquidity, market value, as well as strong fundamentals and returns. The assessment is reviewed based on the news coverage and tonality of news about the Company in the media.
On Wednesday, 26 July 2023, in commemoration of World Mangrove Day, Chandra Asri held a mangrove planting event together with journalists at the Patikang Lestari Mangrove Edu-Ecotourism Area in Patikang Village, Pandeglang Regency, Banten. Mangrove planting was carried out as an effort to support decarbonization by maximizing blue carbon, or carbon absorbed, stored, and released by coastal and marine ecosystems.
A total of 30 seedlings were planted as a form of concern for the mangrove ecosystem, which is believed a natural fortress for coastal areas. In 2022, Chandra Asri also collaborated with Yayasan Inspirasi Keluarga Kesemat (IKAMAT), an alumni foundation of UNDIP Marine Science, to research the mangrove ecosystem. The research found that this area is home to 33 species of birds, 8 species of mammals, 10 species of reptiles, and 1 species of amphibian. Chandra Asri also helped improve facilities and infrastructure by building a small jetty, 1 educational hut, 1 toilet, 1 multipurpose hut, and a 179-meter-long track that utilized the Company's non-B3 waste in the form of wooden pallets.
![Chandra Asri Shares [Code: TPIA] Entered IDX ESG Leaders Index](files/news/NEWS/2023/Corporate/Ilustrasi - Rating Obligasi PEFINDO 2023.jpg)
Committed to sustainability, Chandra Asri's shares [TPIA] entered the IDX ESG Leaders Index, announced by the Indonesia Stock Exchange (IDX). This index measures the price performance of stocks that have a good Environmental, Social and Governance (ESG) assessment and are also not involved in significant controversy and good financial performance. The IDX ESG Leaders Index is also a guide for investors in choosing stocks that contribute to the economy, environment, and social.
The IDX selected the constituents of the IDX ESG Leaders Index by considering several things, one of which was the ESG risk score from Sustainalytics. In October 2022 Chandra Asri successfully received a “Low Risk” ESG Risk Rating with a score of 17.7. This score also placed Chandra Asri in the top 1 percentile in the Global Commodity Chemicals sub-Industry as assessed by Sustainalytics
Chandra Asri received the Environmental Conservation & Biodiversity achievement at the Padmamitra Award 2022, organized by the Indonesian CSR Forum. This award was handed over directly by the Vice President of the Republic of Indonesia, Prof. Dr. (H.C.) K. H. Ma'ruf Amin. In this event, Chandra Asri proposed 2 (two) excellent programs related to the environment and protection of biodiversity, namely mangrove conservation in the Patikang Lestari Mangrove Edu-Ecotourism Area, Pandeglang, and community empowerment initiatives through plastic waste management, End-To-End Plastic Waste Management.
The two programs adopt the company's Environment, Social, and Governance (ESG) approach, one of which is through the application of a circular economy and the protection of biodiversity to maintain and increase carbon stocks. This award is motivation for the Company to continue contributing to reducing emissions and maintaining the achievement of the “Low Risk” ESG Risk Rating in the top 1% of the commodity chemical sub-industry, as awarded by Morningstar Sustainalytics.
On Tuesday, June 27, 2023, Chandra Asri received two awards at the "2023 Corporate Emissions Transparency Award" event organized by the Bumi Global Karbon Foundation (BGK Foundation), in collaboration with Investor Magazine from B-Universe. This recognition was given to Chandra Asri for its achievements in being included in the list of recipient companies for the "2023 Corporate Emissions Reduction Transparency Award in the Green Category" and the "2023 Corporate Emissions Calculation Transparency Award in the Gold Category".
These two awards were given to Chandra Asri for its accomplishment in reducing emissions and disclosing the calculation of two emission scopes, as reported in the Sustainability Report 2021.
Chandra Asri is committed to always being a trusted growth partner that makes a significant contribution to various stakeholders, including in mitigating climate change. This award has also served as a driving force for the Company to continue improving its communication of sustainability initiatives in a transparent and trustworthy manner.
On Thursday, June 22, 2023, the Secretariat of the Vice President of the Republic of Indonesia visited the waste management program assisted by Chandra Asri in Serdag, Cilegon. The program is called Industri Pengelolaan Sampah Terpadu-Atasi Sampah, Kelola Mandiri (IPST ASARI). This working visit was carried out to fulfill the function of Deputy Policy Support for Economic Development and Competitiveness Increasement. The purpose was to gather data and information regarding the concept of waste management in Cilegon City, covering both upstream and downstream processes.
During the visit, Chandra Asri had the opportunity to explain the concept of end-to-end plastic waste management initiatives. These initiatives involve collecting waste, sorting it according to type, and processing it into beneficial products for society. This community-based waste management initiative consists of the IPST ASARI facility in Cilegon, which is integrated with the SAGARA Program in Anyar. The SAGARA Program aims to empower fishermen in the Anyar Village area. The visit was attended by Secretariat of the Vice President Team, led by Sri Prastiwi Utami, Assistant Deputy for Infrastructure, Energy Security, and Natural Resources, Edi Rivai, Director of Legal, External Affairs & Circular Economy Chandra Asri, and government officials from Purwakarta District and Cilegon.
As a company that prioritizes occupational safety and health, PT Krakatau Daya Listrik (KDL) is committed to following the required regulations for the industry. Due to its success in compliance, on Thursday, June 22, 2023, KDL received appreciation in four categories at the 2023 K3 Awards. The awards received were for Zero Accident achievement, Implementation of Occupational Safety and Health Management Systems (SMK3), HIV/AIDS Prevention and Control Program, and COVID-19 Prevention and Control Program. The Minister of Manpower, Dr. Hj. Ida Fauziyah, M.Sc., personally presented the award to Ari Azhar, KDL's Director of Operations and Business Development.
The Zero Accident award that KDL received acknowledges the Company's accomplishment of achieving 7,120,320 accident-free work hours, equivalent to the period between June 10, 2017, and September 30, 2022. Regarding the SMK3 award, KDL has consistently maintained its previous achievements and obtained a score of 93.37%, along with a Gold Certificate and Flag. Furthermore, KDL was awarded the platinum title for its outstanding achievements in the HIV/AIDS and COVID-19 Prevention and Control programs. This recognition is a result of the assessment of the HIV/AIDS and COVID-19 prevention programs, which scored 92.0 each.
