11-07-2023
Committed to sustainability, Chandra Asri's shares [TPIA] entered the IDX ESG Leaders Index, announced by the Indonesia Stock Exchange (IDX). This index measures the price performance of stocks that have a good Environmental, Social and Governance (ESG) assessment and are also not involved in significant controversy and good financial performance. The IDX ESG Leaders Index is also a guide for investors in choosing stocks that contribute to the economy, environment, and social. The IDX selected the constituents of the IDX ESG Leaders Index by considering several things, one of which was the ESG risk score from Sustainalytics. In October 2022 Chandra Asri successfully received a “Low Risk” ESG Risk Rating with a score of 17.7. This score also placed Chandra Asri in the top 1 percentile in the Global Commodity Chemicals sub-Industry as assessed by Sustainalytics