Jakarta, January 8, 2024 - PT Aneka Tambang Tbk (ANTAM; IDX: ANTM; ASX: ATM) member of PT Mineral Industri Indonesia (Persero) (MIND ID) – the State-Owned Enterprise Holding of the Mining Industry, is pleased to announce that the Company remains part of the Environmental, Social and Corporate Governance (ESG) Index in Indonesia Stock Exchange (IDX). ANTAM is listed in the SRI-KEHATI Index, ESG Sector Leaders IDX KEHATI Index, and ESG Quality 45 IDX KEHATI Index for a trading period of December 2023 until May 2024. These results convey ANTAM's consistency in carrying out sustainable business management efforts that prioritize sustainability through environmental and social concern and implementing good corporate governance.
ANTAM’s Director of Finance and Risk Management, Elisabeth RT Siahaan said:
“ANTAM is committed to managing operational, environmental, and social performance sustainably based on the principles of good corporate governance. To support this commitment, ANTAM is dedicated to achieving sustainability by implementing good mining practices that prioritize environmentally friendly operational activities and supporting efforts to reduce the impact of climate change through decarbonization initiatives. The Company also continuously implements various corporate social responsibility programs to benefit the community, especially those around the operational area.”
SRI-KEHATI Index is an index that measures the stock price performance of a leading performance company on business sustainability encouragement, as well as having an awareness of the environment, social, and good corporate governance, or called Sustainable and Responsible Investment (SRI). ESG Sector Leaders IDX KEHATI Index is an index that consists of stocks with a leading ESG performance in the sector with good liquidity and grouped by IDX Industry Classification. Meanwhile, the ESG Quality 45 IDX KEHATI Index is an index that measures the stock price performance of 45 stocks that consider the quality of financial and ESG performance with relatively high liquidity. Meanwhile, ANTAM stock has remained part of IDX LQ45 Low Carbon Leaders Index in IDX, an index that aims to reduce the portfolio weighted average carbon intensity by 50% compared to the LQ45 as a parent index.
In addition, as ANTAM supports achieving net zero emission in 2060 initiated by the Government, ANTAM continuously implements green energy in the Company's operational areas. ANTAM strives to reduce the carbon intensity of the Company's operations by implementing several decarbonization initiatives, which focus on increasing the use of environmentally friendly fuels and renewable sources. ANTAM has substituted B30 (Biodiesel) for heavy vehicles in several Company Operational Units. In line with that, ANTAM is also involved in developing an integrated Electric Vehicle Battery ecosystem in Indonesia with strategic partners.
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