PT Asia Pacific Fibers Tbk 2023 Annual Report with Sustainability Disclosures
Company: PT Asia Pacific Fibers Tbk
Sector: Manufacturing
Country: Indonesia
Year: 2023
Type: Annual Report with Sustainability Disclosures
Pages: 304
The report describes a difficult 2023, with net sales falling 26.8% to USD288.55 million amid lower production and demand. It also documents a sustainability governance structure assigning policy direction and oversight to the Board of Commissioners and strategy and target-setting to the Board of Directors. Environmental management was supported by ISO 14001:2015 and ISO 50001:2018 certifications. The company also obtained Global Recycled Standards certification for its filament-yarn plant and reported 18,156 MT of environmentally friendly products manufactured.
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