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Nickel Industries Limited Takes Home IDX Channel Anugerah ESG 2024 Award

MNC media

Wed 31 Jul 2024, 11:00 AM

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Nickel Industries Limited has won the 2024 IDX Channel ESG Award.

The award was given because the company has implemented an integrated ESG program, Surya PLTS, which contributes to the sustainable nickel industry.

Head of Sustainability at Nickel Industries Limited, Muchtazar, revealed that the company has successfully proven that producing green, sustainable, and responsible nickel is very possible.

Contrary to much foreign media coverage that suggests Indonesian nickel is of low quality, Nickel Industries Limited, through its integrated upstream to downstream program and its three pillars of environment, economy, and social responsibility, can produce nickel with very low carbon emissions.

Muchtazar mentioned that the company is currently building a 200 MWp solar power plant (PLTS) which, once completed, will be the largest PLTS, while remaining community and environmentally friendly. This PLTS is designed to minimize the use of diesel fuel.

"Here, solar refers to diesel fuel, meaning 31 million liters of diesel fuel. So, you can imagine the savings in terms of both costs and carbon footprint, which will be significantly reduced," said Muchtazar, when met at the Indonesia Stock Exchange Building on Friday, July 25, 2024.

Furthermore, Muchtazar stated that the ESG program will not stop here. According to Muchtazar, the company is determined to become the world's largest and most responsible nickel producer by transforming nickel processing technology from thermal power to chemical processes.

"We are developing what is called HPAL, high pressure acid leaching, which uses chemical technology and results in a reduction in carbon emission intensity. It is very efficient and ultimately helps us achieve net zero by 2050," said Muchtazar.

Image source: MNC media

Source Link: https://www.idxchannel.com/economics/nickel-industries-limited-boyong-penghargaan-idx-channel-anugerah-esg-2024

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