Consistency of Sustainability Principles, Three Times in a Row! Semen Baturaja Achieves Gold Rank at ASRRAT 2024

JAKARTA – PT Semen Baturaja Tbk (SMBR) as a subsidiary of PT Semen Indonesia (Persero) Tbk (SIG) has once again achieved a proud achievement by winning the Gold Rank award at the 2024 Asia Sustainability Reporting Rating (ASRRAT) event organized by the National Center for Corporate Reporting (NCCR) and the Institute of Certified Sustainability Practitioners (ICSP) which was attended by domestic and foreign companies.

This award was received directly by SMBR’s Director of Operations Muhammad Syafitri, at an event held at the Raffles Hotel, Jakarta on Thursday (11/21).

This award is real proof of SMBR’s commitment to maintaining sustainability and providing a positive impact on the environment and society as outlined in the sustainability report. This year’s Gold Rank achievement also marks the third time SMBR has won this prestigious award, further strengthening the company’s dedication to implementing sustainability practices.

Muhammad Syafitri expressed his gratitude and appreciation for the award received. “This award is a reflection of our ongoing efforts in integrating Environmental, Social, and Governance (ESG) principles in every aspect of the company’s operations. We will continue to innovate to support the creation of a sustainable business,” he said.

As part of the effort to realize the ESG principle, in the economic aspect, SMBR continues to create added value through digitalization innovation by implementing the Intelligence Process Control System and increasing operational efficiency through the strategic SMBRGO45 program. This effort is not only aimed at increasing productivity, but also supporting the sustainability of the company’s operations in the long term.

In terms of governance, SMBR always carries out its commitment to implementing the principles of Good Corporate Governance (GCG) comprehensively. The Company periodically reviews the GCG soft structure to ensure that the guidelines applicable in the Company’s environment are in accordance with the Company’s development and existing changes by referring to applicable laws and regulations and provisions.

In the environmental aspect, SMBR continues to innovate to create solutions that support sustainable development. One of them is by presenting green cement products, which are produced with environmentally friendly technology. This technology is designed to minimize carbon emissions, optimize energy efficiency, and reduce the use of conventional raw materials for environmental sustainability.

SMBR has implemented this and has obtained various environmentally friendly certifications, including ISO 14001:2015 for environmental management systems and Green Label Indonesia certification, which is a recognition of environmentally safe products.

In the social aspect, SMBR actively implements the Social and Environmental Responsibility Program (TJSL) which has a direct impact on community empowerment, improving the quality of education, and access to health in its operational areas. One of the leading programs implemented is community empowerment through trigona bee cultivation, which not only provides new economic opportunities for local residents but also contributes to environmental conservation.

“For SMBR, sustainability is not just a goal, but the way we do business. By integrating ESG principles, we are committed to creating long-term value that not only benefits the company, but also benefits the environment and society,” concluded Syafitri.

ASRRAT is the most prestigious assessment event in the Asian region that recognizes companies with a high commitment to sustainability through high-quality sustainability reports. The assessment in ASRRAT is guided by the Global Reporting Initiative (GRI) standards, ensuring that the reports prepared reflect transparency and accountability in the company’s sustainability practices.

In his remarks, NCCR Chairman Ali Darwin, described a significant transformation in sustainability reporting practices. From what was initially only done by a handful of companies, sustainability reporting has now become a common practice in the business world.

“The trend of sustainability reporting is getting stronger. KPMG data shows that 75% of the world’s largest companies have done it. In Indonesia, the obligation to report sustainability is increasingly encouraging companies to be more transparent and accountable for social and environmental impacts. The emergence of global standards such as the ISSB (International Sustainability Standard Board) is further strengthening this trend, paving the way for a sustainable corporate future,” said Ali. (*)