JAKARTA, Indonesia, Aug. 28, 2023 /PRNewswire/ -- PT Delta Dunia Makmur Tbk (Delta Dunia Group) proudly announces a significant milestone in its ongoing commitment to sustainability. The company has secured an outstanding position as the second-highest performer in the global coal sub-industry, as assessed by Sustainalytics ESG Risk Rating. This noteworthy recognition by the respected environmental, social, and governance (ESG) risk rating agency Morningstar Sustainalytics underscores Delta Dunia's unwavering commitment to responsible business practices and diverse ESG factors.
Employees of PT Bukit Makmur Mandiri Utama (BUMA), a subsidiary of Delta Dunia Group (DOID), observe one of its operating sites. DOID has been named the second best performing company in the global coal sub-industry and listed in the top 15 percent of 301 companies in the global oil and gas industry for its continuous efforts and commitment to ESG in all of the company's operations, based on the Sustainalytics ESG Risk Rating from environmental risk rating agency Morningstar Sustainalytics.
In its latest assessment by Sustainalytics, Delta Dunia Group has achieved remarkable progress in its ESG Risk Rating, improving from 42.4 in December 2022 to an impressive 32.7 in July 2023, marking a 10-point (or 25%) increase. This commendable achievement is also reflected in the company's ESG Risk Management score, which has risen from 47.4 in 2022 to a noteworthy 56.1 in 2023. These milestones clearly demonstrate the company's focus on ESG, encompassing the formulation of sound policies to their effective execution.
Furthermore, Delta Dunia Group's approach to carbon emissions mitigation has enabled the transition from a high-risk in carbon management to a medium-risk classification. A pivotal indication of this success is the company's Carbon Intensity Trend score of 75. This metric underscores Delta Dunia Group's significant strides in reducing its carbon intensity compared to its historical average over the past three years.
Dian Andyasuri, Director of PT Delta Dunia Makmur Tbk, emphasized, "Sustainalytics' latest ESG Risk Rating underscores Delta Dunia Group's comprehensive integration of ESG across all aspects of our operations. This remarkable progress is a testament to our team's dedicated efforts and the company's resolute commitment to implementing ESG initiatives. These include adhering to the Global Reporting Initiative's (GRI) best practices for ESG reporting, Board of Directors' oversight of sustainable practices, and the implementation of robust policies to curtail greenhouse gas emissions."
In addition to the Delta Dunia Group, the Sustainalytics' ESG rating includes 74 other global companies within the coal sub-industry. The new ESG Risk Rating not only places Delta Dunia Group as the second-highest ESG-rated energy company within Sustainalytics' global coal sector but also positions it within the top 15 percent of the 301 companies in Sustainalytics' global oil and gas industry.
Dian further underscored that the company's ISO 45001 certification for occupational health and safety management reflects its earnest commitment to ensure high safety standards in its operations. The company's noteworthy achievement of zero workplace fatalities over three consecutive years reinforces its dedication to these commitments.
"Our second-place ranking in Sustainalytics' global coal sector underscores ESG as a core strength, and we are committed to maintaining and enhancing this performance. We also believe that the effective implementation of ESG within our mining operations will support our customers in upholding their own ESG commitments and accomplishments. As we move forward, Delta Dunia Group will persist in seamlessly integrating and embedding ESG principles into our daily operations, as well as our medium and long-term strategies. We will continue to advance our environmental sustainability program, explore opportunities to expedite our range of community-building initiatives to impact more lives, and diligently uphold our governance practices. We hold confidence that our stakeholders, including ESG rating agencies, will continue to acknowledge and appreciate our efforts," concluded Dian.
About PT Delta Dunia Makmur Tbk.
PT Delta Dunia Makmur Tbk. was founded in 1990, and through its principal subsidiary, PT Bukit Makmur Utama (BUMA), is a leading coal mining services contractor in Indonesia and Australia, providing mining services to some of the largest coal producers in both countries. PT Delta Dunia Makmur Tbk. is listed on the board of the Indonesia Stock Exchange (IDX Code: DOID). DOID is headquartered in Jakarta, Indonesia.
Website: www.deltadunia.com