Chandra Asri was listed in the Top 100 Most Valuable Brands and won the Gold category in The Tenth Brand Finance Indonesia - Top Most Valuable Brands 2022. The award ceremony held by Investor Magazine was conducted online on Wednesday, October 28, 2022, and was attended by Sandiaga S. Uno, Minister of Tourism and Creative Economy of the Republic of Indonesia. The 10th Brand Finance Indonesia - Top 100 Most Valuable Brands is an award ceremony for the most valuable brands in Indonesia.
In addition to measuring the overall brand value, Brand Finance also determines the brand's relative strength through a balanced scorecard that evaluates marketing investment, stakeholder equity, and business performance. In this event, Chandra Asri achieved brand performance with a Brand Value of USD 150 million and a Brand Rating of AA+.
Biodiversity is one of the important factors in the life and stability of ecosystems. Understanding the importance of managing the impact of its operational activities in the petrochemical sector, PT Chandra Asri Petrochemical Tbk is always committed to continuing to implement the Company's policies regarding Occupational Health & Safety, Environment, Quality, and Energy Management Systems in order to protect the environment. Through this policy, the Company also strives to prevent pollution, mitigate climate change, optimize the use of sustainable resources, and maintain the diversity of the surrounding ecosystem.
In the implementation of biodiversity protection, Chandra Asri has policies to support Environmental, Social & Governance (ESG) initiatives as well as special policies that have been directly approved and supported by the President Director. The policy is implemented by establishing the initial site for biodiversity conservation with the name Kehati Asri which is located in Gunung Sugih Village, Ciwandan District, Cilegon City. Through the maintenance of the Kehati Asri, the Company strives to continue to conduct an inventory of flora and fauna diversity.
Based on the Flora Diversity Status Data of the Kehati Asri in 2022, there were 407 plants with 43 plant species with a Flora Biodiversity index of 2.95, up from the index in 2021 which was 2.93. There are several types of plants in Chandra Asri Kehati, including Mahogany (66 trees), Mango (52 trees), Yellow Palm (34 trees), Nam Nam (31 trees), Sawo Kicik (19 trees), and various other plants.
Meanwhile, the Fauna Diversity at the Kehati Asri in 2022 is 126 animals from 3 family categories, namely Aves, Herpetofauna, Mammals. Based on this data, the Fauna Biodiversity Index in Kehati Asri is 2.07 for the Aves family, 1.66 for the Herpetofauna family, and 1.21 for the Mammal family.
Chandra Asri remains committed to continuing to increase this biodiversity index as a step to contribute to building a balanced ecosystem.
As a form of commitment towards environmental preservation, Chandra Asri held a Beach Clean Up event to celebrate the Company’s 30th anniversary. The event was held at Paku and Pangaradan Beaches, Anyer, in collaboration with Bank Sampah Digital, involving 336 volunteers consisting of Chandra Asi employees, Anyer Village community, scout members, students, and representatives of the Forkopimda Serang. The event was also attended by the Secretary of the Directorate General of Pollution and Environmental Damage Control (PPKL) of the Ministry of Environment and Forestry, Regional Assistant (Asda) I for Government Administration and Welfare of Serang Regency, Head of Cilegon Police, and Cilegon Dandim staffs.
The Beach Clean Up event, which took place on Thursday, 15 September 2022, managed to accumulate 507.2 kg of waste, making a total of 1,572.7 kg of waste collected if combined with the Kampung Bersih activity involving local residents. Furthermore, the waste were then handed over to the waste bank and TPS3R to be managed and recycled.
On the same occasion, Chandra Asri also handed over 25 trash cans to the Village Head of Anyer to be utilized at the beach. With the trash can, tourists are expected to no longer pollute the beach by littering carelessly.
On 12 September 2022, along with the Ministry of Industry (Kemenperin) Republic of Indonesia and various industrial partners, Chandra Asri attended the inauguration of Banten Polytechnic of Petrochemical Industry, located in Serang, Banten. From all the 127 new students accepted by the Banten Polytechnic of Petrochemical Industry in 2022, 41 students have been prepared to later undergo on-job training at Chandra Asri, which will begin in semester 4 of the lecture. In addition, the student will also undergo an official working bond at Chandra Asri for six years.
As one of the industry partners, in 2018 Chandra Asri donated two hectares of land for the school. In addition, Chandra Asri also contributes in the curriculum development process and provides expert teaching staffs from the Company to share knowledge and transfer expertise to students.
Chandra Asri has always been committed to being a growth partner for the government and society. The Company's commitment is realized through the Banten Polytechnic of Petrochemical Industry, which aims to facilitate educational opportunities and improve the quality of education, as well as support the absorption of Banten's local workforce so that it can be maximized.
Chandra Asri and Pandeglang Regency Government symbolically planted mangroves to inaugurate the Patikang Mangrove Edu-Ecotourism Area in Citereup Village, Pandeglang Regency, Banten, on Tuesday, August 30, 2022. Collaborating with other stakeholders, Edu-Ecotourism Mangrove is Chandra Asri's commitment to the principles of Environmental, Social, and Governance (ESG) and efforts to realize Net Zero Emissions in Indonesia. Furthermore, this 9,500 m2 area is also intended to maximize blue carbon as part of the decarbonization process.
In addition to completing the first phase through track repairs and the construction of Chandra Asri's educational shelter, the Company has also collaborated with IKAMAT (Inspirasi Keluarga Kesemat), UNDIP's Marine Science alumnus foundation, to examine the condition of mangrove vegetation, herpetofauna species, and the diversity of mammals and aves within the area. Moreover, the Company has completed a study to determine conservation and development areas to decide the interventions needed to maintain the ecology of the mangrove area. Furthermore, mangrove planting is planned to be carried out again in 2022.
Chandra Asri is collaborating with LX International for a potential investment in developing a Hydrotreated Vegetable Oil (HVO) facility that can produce renewable feedstock in the form of Bio-Naptha. This raw material will be used to develop chemical and plastic products such as Bio-Polyethylene (PE), Bio-Polypropylene (PP), Bio-Polyvinyl Chloride (PVC), and Bio-Solution Styrene Butadiene Rubber (SSBR) as an effort to support Chandra Asri towards sustainable production of polymer raw materials.
This collaboration was marked through a Memorandum of Understanding (MoU) by President Director of Chandra Asri, Erwin Ciputra and CEO of LX International, Yoon Chun-Sung, at the office of the Coordinating Ministry for Maritime Affairs and Investment of the Republic of Indonesia. Also witnessing the signing of this collaboration, the Coordinating Minister for Maritime Affairs and Investment of Indonesia, Luhut Binsar Pandjaitan and his staff. The HVO project is one of Chandra Asri's efforts to implement its commitment to sustainable business and operations, which in accordance to the principles of Environmental, Social, and Governance (ESG) as the company’s contribution to climate change mitigation and resource scarcity.
Chandra Asri again awarded scholarships to outstanding students from several sub-districts in Cilegon City and Serang Regency. The awardee will receive a fully funded scholarship to pursue D3 Chemical Engineering for three years, get a monthly allowance, and work contract at the Company after graduating. The polytechnic schools that collaborated with Chandra Asri to accept selected prospective students in this scholarship program were State Polytechnic of Bandung (POLBAN) and State Polytechnic of Malang (POLINEMA).
Nine prospective students who were awarded the scholarship came from Kepuh Village, Gunung Sugih Village, Grogol Indah Village, Kosambironyok Village, Anyar Village, and Mangunreja Village. This scholarship program is Chandra Asri's support to answer the needs of local workers, especially in the field of chemical engineering, which is needed for the industry sustainability in Cilegon City. Furthermore, this initiation is also part of the Company's efforts to increase the absorption of local workers to work at Chandra Asri. After the scholarship recipients graduate from college, they will later undergo working bound at Chandra Asri for six years.
Chandra Asri partnered with Ruangguru Foundation to hold a women's competency improvement and empowerment program, PUAN ANGKASA (Women in a Synergistic and Empowered Community). This series of events that will run for three months is intended to provide assistance in work preparation and deepen participants' understanding of women's empowerment issues. A total of 50 participants consisting of female students and recent graduates from various universities in Indonesia will undergo a series of competency improvement programs and receive holistic assistance to help them prepare for their future careers.
PUAN ANGKASA consists of several events, including the Inspiration Class, which discusses women's empowerment issues, and the Career Preparation for Development of the Youth (READY) Program, which is intended to improve soft skills through mentoring and free learning access via Skill Academy platform.
Through its collaboration with Ruangguru, Chandra Asri seeks to become the growth partner and be part of women's journey in exploring and maximizing their potential. This is in line with Chandra Asri's commitment to encouraging inclusion & diversity in Indonesia, specifically related to women's empowerment.
Considered responsive in maintaining performance and navigating the company amidst the pandemic, Chandra Asri won two trophies at the Bisnis Indonesia Award 2022 held on Monday, August 15, 2022. With the theme “Awakening in the Year of Change” as its awarding theme, Chandra Asri won The Best Company in Raw Material Sector and the Best CEO of The Year category on behalf of President Director Chandra Asri Erwin Ciputra.
The achievement as The Best Company in Raw Material Sector that Chandra Asri received was the result of the Company's success in posting a 13 percent increase in net revenues to US$677.7 million from US$598.4 million in the first quarter of 2022. Meanwhile, the Best CEO of the Year, which was achieved by the President Director of Chandra Asri, Erwin Ciputra, was assessed based on good business development, implementation of good corporate governance (GCG), and disclosure of company information.
Chandra Asri held the third Community Awareness activity in 2022 with the residents of Panggung rawi Village, Cilegon, Banten, on Thursday, August 11, 2022. As an effort to increase awareness of the risks from gas pipelines, this Community Awareness activity involved 51 participants consisting of village representatives, the Cilegon Police Chief, Neighborhoods Association (RT and RW) representatives, youth around the area, and community leaders. This time, the theme for Community Awareness is “Building Public Awareness and Participation Towards Presence and Safety of Industrial Gas Pipelines for the Community.”
On the same occasion, the representative of the Regional Disaster Management Agency (BPBD) of Cilegon City, Mr. Fathurrohman, brought a topic related to Disaster Preparedness. Furthermore, the residents also received education regarding the Risks and Hazard Mitigation of Gas Pipelines, which was delivered directly by the representative of the Safety, Health, and Environment (SHE) Chandra Asri, Mr. Sumartono. This socialization includes cautions regarding prohibited activities around the pipeline, such as planting perennials, burning garbage, making excavations, and constructing buildings.
By holding Community Awareness regularly, Chandra Asri hopes that the resident can always be vigilant to avoid unwanted accidents or disasters.