Sustainability Report - PT Vale Indonesia Tbk
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Over half a century of operations in Indonesia, PT Vale Indonesia Tbk grew to become one of the leading mineral mining companies, with a longterm commitment to positively contributing to Indonesia’s sustainable development.
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Mining for Tomorrow: Sustaining Operations with Responsibility
About the Theme
In supporting sustainability amidst low-carbon economic needs, PT Vale is committed to conducting long-term operational activities by implementing sustainable practices. We continue to innovate and invest in environmentally friendly technologies to minimize the negative impacts of mining activities.
Dear respected stakeholders,
PT Vale recognizes the urgency of implementing Environmental, Social, and Governance (ESG) principles for the future of the domestic industry. Every decision we make is carefully considered for its impact on ESG, as we believe that sustainable mining can significantly contribute to the well-being of the earth and society.
We appreciate the support from all stakeholders in our efforts to implement sustainable practices. Together, we are committed to building a greener and more sustainable future for generations to come.
Febriany Eddy
CEO & President Director PT Vale Indonesia Tbk
Fotógrafo: xxxx
Determination of Material Topics
We have prepared the Sustainability Report in compliance with existing laws and regulations, namely Law No. 40 of 20There have been no changes in the material topics from the previous reporting period. Material topics are determined based on surveys and discussions involving internal and external stakeholders. Discussions are facilitated by an independent party as the Expert Team.
The discussion results in 10 material topics relevant to the sustainability context and aligned with support for TPB achievement.
Low Carbon Agenda
To reduce carbon emissions, PT Vale is focusing on implementing renewable energy (EBT) with a target of reducing carbon emissions by up to 33% by 2030. This development project has undergone comprehensive risk management processes, including social and environmental aspects.
In 2023, the Company initiated the construction of a Nursery, or breeding center, for the Indonesia Growth Project (IGP) in Pomalaa, Kolaka Regency, Southeast Sulawesi. This Nursery facility is prepared for post-mining reclamation purposes in the Pomalaa Block and other areas in Kolaka.
Reducing Landfill Loads Together
We are committed to comprehensive and sustainable environmental management. PT Vale is committed to achieving zero waste to landfill by 2025, five years ahead of the government’s target.
To achieve the zero waste to landfill target, We implemented several supporting activities during 2023, include but not limited to utilized organic waste as feed for maggots and organic compost and community guidance on waste bank management.
Reducing Water Consumption Intensity
The commitment to reduce water consumption intensity is realized through the implementation of the Water Efficiency and the Reduction of Wastewater Load Policies. Water usage efficiency is carried out in factory areas, mining sites, offices, and other supporting facilities by 1% per year.
The amount of water consumed is equal to the water withdrawn from the lake, and no water is taken from water-stressed areas.
"We believe that the implementation of sustainable mining can significantly contribute to the well-being of the earth and society. Additionally, it provides assurance to customers and stakeholders that PT Vale's mineral products (nickel) are obtained through responsible production processes."
- Board Explanation -
We aim to continue our presence and contribute positively to the community, including creating more job opportunities. We are committed to maximizing local employment and enhancing competencies through workforce training.
We also provides extensive opportunities for women to take on roles and maximize their capabilities within the operational areas. At PT Vale, we are committed to providing equal opportunities for all individuals to work and advance their careers.
Together Empowering the Communities
PT Vale has conducted a social impact evaluation of the activities carried out by the Company in the Sorowako, Bahodopi, and Pomalaa areas. PT Vale has also conducted a Social Return on Investment (SROI) analysis in Sorowako. In 2023, PT Vale's social programs contributed to achieving the Green PROPER rating, especially in community empowerment, and have been recognized by various relevant institutions.
The extension of the company's contract into a Special Mining Business License (IUPK) was conducted through a Divestment Commitment between PT Vale and PT Mineral Industri Indonesia (Persero), or MIND ID.
On February 26, 2024, the stock divestment was executed jointly with MIND ID, resulting in MIND ID's total ownership stake becoming 34%.
Certification
ISO 14001:2015 - Environmental Management Systems Certificate No. ID004085 by Bureau Veritas.
Scope: Mining, processing plant of nickel, including its support and services.
ISO 17025 - Laboratory Test and Calibration Standards Certificate No. LP-1729-DN by Komite Akreditasi Nasional.
Scope: Competence of Testing Laboratories and Calibration Laboratories.
ISO 50001 - Energy Management System
Certificate No. 01 407 2135341 by TÜV Rheinland.
Scope: Mining and processing of Nickel in Matte products.
PROPER Achievement of the Ministry of Environment and Forestry
in 2020, 2021, 2022, 2023
Aside from Green PROPER, we received external awards and appreciations troughout 2022, including:
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