Pupuk Kaltim Leads Global ESG Rating

Congratulation to PT Pupuk Kalimantan Timur (Pupuk Kaltim), an agrochemical company based in East Kalimantan, has secured the top position in the global Environmental, Social, and Governance (ESG) Risk Rating by Sustainalytics. Outperforming 73 other agrochemical companies, Pupuk Kaltim has been recognized for its commitment to ESG practices.

Rahmad Pribadi, the President Director of Pupuk Kaltim, expressed gratitude for the achievement and highlighted the company's integration of ESG into its operations. The company's score of 21.3 in the ESG Risk Rating indicates a medium risk of financial impacts from ESG factors.

Pupuk Kaltim has shown dedication to environmental contributions by aiming for a 32% reduction in emissions and supporting the government's Net Zero Emission goals. The company has implemented initiatives such as co-firing coal boilers with palm biomass and utilizing solar power plants for reduced emissions.

In addition to environmental efforts, Pupuk Kaltim prioritizes social initiatives, empowering farmers and local communities through programs like MAKMUR. The company has also demonstrated strong corporate governance, receiving a "Very Good" rating for its GCG Score in 2022.

Pupuk Kaltim's success sets it as a global benchmark for ESG practices and reinforces its commitment to sustainability and responsibility for future generations. At Artemis Indonesia, we take immense pride in Pupuk Kaltim's achievements and eagerly look forward to supporting their future endeavors.