PT. AKR Corporindo, Tbk

AKR Corporindo included in all IDX ESG Indices Committed to implement SDG principles

July 13, 2022

JAKARTA, 13 July 2022 – Indonesian Biodiversity Foundation (KEHATI) has confirmed that PT AKR Corporindo Tbk (IDX stock code: AKRA.IJ) Indonesia’s leading supply chain and logistics company and developer of one of Indonesia’s largest integrated industrial and port estate will be  constituent of the SRI-KEHATI Index, ESG Quality 45 IDX KEHATI Index , ESG Sector Leaders Index IDX KEHATI for the Period July – November 2022. The selection of the constituent stocks in these indexes is conducted by Kehati foundation based on a rigorous review of the sustainability practices, reports and is an acknowledgment of the commitment in carrying out sustainable management that concerns about environment, social, and good corporate governance. 

The SRI-KEHATI Index, the IDX KEHATI ESG Quality 45 Index, and the IDX KEHATI ESG Sector Leaders Index are reference indexes for investment principles that emphasize ESG aspects in the Indonesian Capital Market and become important indicators in improving environmental conservation. In the assessment process, the Company must demonstrate its commitment to sustainable practices and fulfill all data required by the ESG questionnaire as reported in the SR Report. AKRA has fulfilled all the requirements and has been included in the SRI-KEHATI index since December 1, 2021, and now has been re-appointed for the the 2nd period up to end of 2022.

Mr. Haryanto Adikoesoemo President Director of PT AKR Corporindo expressed his happiness on the  selection of AKRA into these ESG Indexes, "We appreciate the trust of  KEHATI Foundation so that AKRA can continue to be constituent of all the ESG-based indices . This will further motivate us to maintain our commitment and sustainable management of the Company. We have committed to implement the UN Sustainable Development goals (SDG) and identified the goals which focus on building logistics infrastructure to support Indonesian industry by supplying essential raw materials and energy products and investing in the most integrated industrial and port estate. By this more qualified assessment of  listed companies, we expect it will have a positive impact on the business environment and sustainable development in Indonesia.”

The Company has published the  Sustainability Report 2021  as one of references in the assessment of ESG index. AKRA has published Sustainability Reports in accordance with GRI Standards since 2013, highlighting various sustainability metrics and strategies of AKRA. The Company is committed to continuously implementing and developing good ESG practices and incorporated them into Company’s culture and business operations.

Corporate Secretary
PT AKR Corporindo Tbk