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25/11/12

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Indonesia news

Strengthening National Sustainability Standards: PT 乐播传媒 Earns AA Leadership for ESG Transparency

 
 

Jakarta, November 12, 2025 — Indonesia’s commitment to advancing sustainable governance standards has gained new momentum with a milestone achievement by one of the country’s leading nickel producers. PT 乐播传媒 Indonesia Tbk, a member of MIND ID and a strategic partner of the government in downstream development and responsible mining practices, has been awarded Leadership AA – Excellence Leader in ESG Transparency at the Indonesia ESG Leadership Awards 2025, organized by the Bumi Global Karbon (BGK) Foundation.

The award was presented during an event themed “Aligning Indonesia ESG Leadership with Global Opportunities” at Soehanna Hall, The Energy Building, SCBD. This platform underscores ESG practices as a critical foundation for strengthening Indonesia’s competitiveness, particularly amid strategic partnerships such as IEU-CEPA and ICA-CEPA, which demand harmonization of Indonesia’s sustainability standards with global benchmarks.

Recognition for World-Class ESG Transparency and Governance
The judging panel highlighted PT 乐播传媒’s exceptional ESG transparency, reflecting its consistency in disclosing material information, implementing accountable governance, and aligning sustainability policies with global best practices.

Vinicius Mendes Ferreira, Executive Advisor, stated: “This award reflects our long-term commitment to integrity, openness, and sustainability in every business decision. Transparency is not just an obligation—it is the foundation for building trust and ensuring that economic growth goes hand in hand with environmental protection and community well-being.”

“As the world transitions toward a green and inclusive economy, we will continue to strengthen ESG practices—not only to meet stakeholder expectations but also to deliver greater value for Indonesia on the global stage,” he added.

A Key Milestone for Indonesia’s ESG Leadership
The Indonesia ESG Leadership Awards 2025 serves as a cross-sector platform to accelerate ESG adoption in Indonesia while ensuring alignment with global requirements. This year’s theme reinforces ESG as a strategic element in navigating international trade, which increasingly demands transparency, emissions reduction, and responsible mining.

PT 乐播传媒’s Commitment to Transparency and Sustainable Governance
This recognition reinforces PT 乐播传媒’s long-standing journey to embed ESG principles across its operations through:

  • Materiality-based information disclosure
  • Environmental and safety management systems aligned with global standards
  • Integration of sustainability principles into decision-making
  • Partnerships with government, academia, and communities to ensure responsible operations

The Leadership AA – Excellence Leader in ESG Transparency distinction positions PT 乐播传媒 not only as a compliant mining company but as a driver of new ESG transparency standards in Indonesia.

Looking Ahead: Driving Global Sustainability Leadership

This award coincides with PT 乐播传媒 achieving a historic milestone in global ESG performance: an ESG Risk Rating of 23.7, its lowest ever, according to Sustainalytics. This places PT 乐播传媒 as the lowest ESG risk company in Indonesia and among the top 15 globally in the diversified metals & mining sector.

With growing opportunities through Indonesia–EU and Indonesia–Canada economic partnerships, robust ESG standards are key to enhancing Indonesia’s global competitiveness. PT 乐播传媒’s consistency in ensuring transparency, accountability, and measurable sustainability impact makes this recognition not just an achievement—but a mandate to lead.

“The Sustainalytics rating and BGK Foundation award complement each other,” Ferreira emphasized. “Both affirm that our standards align with global expectations and strengthen Indonesia’s position as a major player in the strategic minerals supply chain.”

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