AKR Corporindo Graded PLATINUM for Emission Disclosure – AKRA part of Leading ESG Indices

Jakarta, 3 July 2023 - PT AKR Corporindo (IDX stock code: AKRA.IJ) on 27 June 2023 received award from Bumi Global Karbon and Investor Daily from B Universe, for Emission Transparency 2023 and graded as  PLATINUM category for the disclosure of 3 emission scopes and GHG calculations based on the Sustainability Report published by the company. This award was given on channel B Universe and covered by Investor Daily media. 

The Indonesian stock exchange recently also informed that based on the evaluation of KEHATI Foundation, AKRA is on constituent stock of Indexes below for period June – November 2023:

1. ESG Quality 45 IDX KEHATI
2. ESG Sector Leaders IDX KEHATI

In addition, AKRA is also included as constituent stock of Investor 33 for period June-November 2023

Mr. Haryanto Adikoesomo expressed his appreciation, "This award is a testimony of AKR commitment to disclose and reduce emissions. This commitment is implemented by supply chain optimization using technology and facilitating green transition biofuel program.  We will continuously provide added value and maximum benefits to all stakeholders. For AKRA, commitment to sustainability is a mission that can only be achieved through concrete measurable actions, and directing strategies also long-term plan. We believe AKRA will keep progressing and move forward when economic, social and environmental performance is able to grow side by side."

BGK Foundation appreciated the increasing number of companies conducting emission calculation and broadened the scope. This assessment and ranking are aimed at appreciating and motivating companies in Indonesia in supporting the government's mission of achieving 29% emission reduction target in 2030. It was given to 114 listed companies on the Stock Exchange and non-listed companies. The BGK Foundation conducts assessment and validation based on company publication reports published in 2022. The assessment is referring to the GHG Protocol, which is one of the global standards used by many world institutions in evaluating the progress of implementing corporate emission reduction programs. Main points that become assessment basis are the achievement in emission reduction and emission calculation.

In the sustainability report of 2022, AKRA disclosed sustainability strategy and pillars for achieving it. As a strategic company, which manages logistics-distribution businesses and industrial estate, AKRA is committed to growing in a sustainable manner by implementing the following strategic pillars;

1. Builds strong and resilient business portfolio to support the evolving needs of customers and stakeholders (Our Business Portfolio)
2. Nurtures, develops, and safeguards people within the company as valuable asset (Our People)
3. Provides benefits back to the community around the operational area (Our Communities)
4. Operates an ethical and responsible business by maintaining behavior and compliance in conducting business. (Our Conduct)