• Worker Welfare – Compliance with regulations on minimum wage and employment contracts for full-time and seasonal workers – No registered worker below 18 years of age • Energy and Water Consumption (2020 baseline) – 4% reduction in energy intensity in mills – 24% increase in energy intensity in refineries* – 2% reduction in water intensity in mills – 27% increase in water intensity in refineries* – 99% of fuel used in mills from renewable sources – 100% of milling waste reused by estates and mills • Smallholders – Seven of 12 smallholder cooperatives have fulfilled the SMK3 and ISPO requirements on OHS, and passed the external audits conducted by TUV Rheinland Indonesia * 2023 energy and water intensity per tonne of material produced at our refineries increased against 2020 baseline was mainly affected by lower processed material volume and fluctuations in the quality of raw materials. In terms of 2023 absolute consumption, it recorded a reduction against 2020 baseline. A SYSTEMATIC APPROACH We respond to ESG risks and opportunities by providing training to our personnel, establishing formal management processes, instilling a culture of accountability, and supporting partnership programmes with community groups. Commitment Our sustainability teamcomprises well-trained professionals who manage our material sustainability topics and impacts in accordance with the Group’s mission and values. Planning The Group’s ERM framework, rigorous approaches to corporate governance, and established internal controls provide additional lines of defence against broader risks and uncertainties. We apply R&D to innovate and achieve sustainable growth in our domestic and international markets. Action Our local teams implement and enforce the Group’s sustainability policies, commitments and programmes. We usemanagement systems and standardoperating procedures to maintain quality and drive improvements in areas such asR&D,workplacehealthandsafety, foodsafety, environmental management and information control. Our six Sustainability KEY SUSTAINABILITY TARGETS • ISPO certification for nucleus estates and mills by end of 2024 • All FFB supplies for our CPO refineries to be sourced in accordance with our Sustainable Agriculture Policy and ISPO-certified by end of 2025 • Zero fatalities annually SUSTAINABILITY MANAGEMENT The Group’s Sustainable Agriculture Policy applies to every operational unitwithin IndoAgri, includingplasma smallholders and third-party CPO suppliers. The Policy outlines our strategies for maintaining accountable and traceable supply chains, zero-tolerance to violations of human rights as well as no deforestation. It also includes our approach to the risks and opportunities arising from the ESG factors, as well as our engagements with various stakeholder groups. In addition to the Sustainable Agriculture Policy, our Labour Policy details our commitments to protecting the rights of those working in and living around our estates. This Policy is applicable toall employees, aswell as theplasma smallholders and third parties who supply to our factories and refineries. We encourage all suppliers to make similar commitments in their own operations and align with our Policy. SUSTAINABILITY MANAGEMENT PLANNING • Government policy • Corporate business system • Sustainability Programmes REPORTING • Annual Report • Sustainability Report • Website ASSESSMENT • Indicators • Targets • Evaluation through audit • Materiality review COMMITMENT • Mission • Code of conduct • Policies • Values ACTION • R&D • Management systems • Certifications • Stakeholders engagement • Internal collaboration • Training 27 Annual Report 2023 GROUP OVERVIEW OPERATION AND FINANCIAL REVIEW SUSTAINABILITY & GOVERNANCE FINANCIALS OTHER INFORMATION
RkJQdWJsaXNoZXIy NTkwNzg=