Jakarta, 22 February 2024 – APP Group proudly announced today a significant improvement in its 2023 CDP scores, further marking its unwavering commitment to implementing a socially responsible business approach.
CDP is a globally respected and independent UK-based environmental disclosure not-for-profit organization that assesses companies on their environmental performance to advise on impact, risks, and opportunities. With over 23,000 companies disclosing their environmental data through the CDP, it has become widely regarded as the gold standard for environmental reporting.
In the Climate Change category, APP achieved an ‘A-’ score, surpassing the Asia regional and Wood & Paper materials sector average score of ‘C’.
This elevation to the Leadership band marks a significant improvement from its previous ‘B’ score in 2022. Within the category benchmarks for Climate Change, APP scored 'A' for Emissions reduction initiatives and low carbon products exceeding the industry's average score of 'C'. In terms of risk management processes, APP scored 'A' exceeding the industry average score of 'B'.
In the Forest - Timber category, APP achieved an ‘A-’ score, up from a ‘B’ score in 2022. This accomplishment not only exceeds the regional and sector average score of ‘C’, but also showcases APP's commitment to sustainability.
Within the category benchmarks for Forest - Timber, APP scored 'A' for Traceability exceeding the industry's average score of 'B'. In terms of Policy and commitments, APP scored 'A-' exceeding the industry average score of 'C'.
In the Water Security category, the APP Group maintained a strong ‘B’ score, outperforming the regional and sector benchmarks of a ‘C’ score.
Within the category benchmarks for Water Security, APP scored 'A-' for Water accounting exceeding the industry's average score of 'C'. In terms of Business impacts, APP scored 'A' exceeding the industry average score of 'B'.
CDP's scoring system is designed to incentivize companies to disclose and reduce their environmental impacts and covers four assessment categories: Disclosure, Awareness, Management, and Leadership. This approach steers companies toward comprehensive environmental stewardship.
This significant improvement in APP's CDP scores for 2023 not only sets a new trajectory for the company's future initiatives but also represents a substantial milestone and a source of motivation in APP’s sustainability journey.
“We are humbled by the improved scores APP Group has received from the CDP. These results reflect our dedicated efforts towards sustainability and our commitment to being a socially responsible business. Achieving these improved scores was a collaborative effort, and it propels us to continue our sustainability journey with even greater determination," said Ms Elim Sritaba, the Chief Sustainability Officer of APP Group.
“As global environmental standards evolve, APP Group continues to adapt, innovate, and drive forward in this sustainability journey. This journey is a collaborative effort, and APP Group is thankful for the collective efforts of its team, partners, and clients,” she added.
About APP Group
APP serves as the holding company for multiple Indonesian pulp and paper manufacturing as well as forestry entities, catering to the increasing global need for high-quality tissue, packaging, and paper. Our products reach over 150 countries spanning six continents. APP Group serves as the group name of pulp, paper, and forestry entities under APP and its affiliates including the pulp and paper and forestry operation in China.
Driven by a dedication to sustainability and ethical practices, we prioritize the well-being of our employees, society, and environment. Our approach involves harnessing technological advancements and fostering innovation, collaborating closely with communities, and upholding internationally recognized business and operational standards throughout our production and supply chain.
Aligned with the Environmental, Social, and Governance (ESG) principles, our Sustainability Roadmap Vision 2030 steers our actions toward safeguarding environment, bolstering local communities, preserving biodiversity, and striving for carbon neutrality in all our endeavors.
For media enquiries, please contact:
Letchumi Achanah
Head of Stakeholder Engagement & Advocacy
APP Group
T: +6012 392 5343
[email protected]