PT Krakatau Steel (Persero) Tbk 2023 AR2
The report details PT Krakatau Steel (Persero) Tbk's navigation of operational and financial challenges in 2023, including a force majeure fire incident at its Hot Strip Mill 1 facility. Despite a 35.05% decrease in revenue to USD 1.45 billion and a net loss of USD 131.65 million, the company successfully maintained domestic steel supply through strategic collaborations and alternative sourcing. On the ESG front, the company achieved a 47.6% reduction in total energy consumption and a significant decrease in Scope 1 and Scope 2 emissions. Additionally, Krakatau Steel advanced its sustainability commitment by planning a floating solar power plant at the Krenceng Reservoir and delivering 100 renovated habitable houses to the local community.
Company: PT Krakatau Steel (Persero) Tbk
Sector: Materials
Country: Indonesia
Year: 2023
Type: AR2
Pages: 678
PT Krakatau Steel (Persero) Tbk
Annual Report
The report details PT Krakatau Steel (Persero) Tbk's navigation of operational and financial challenges in 2023, including a force majeure fire incident at its Hot Strip Mill 1 facility. Despite a 35.05% decrease in revenue to USD 1.45 billion and a net loss of USD 131.65 million, the company successfully maintained domestic steel supply through strategic collaborations and alternative sourcing. On the ESG front, the company achieved a 47.6% reduction in total energy consumption and a significant decrease in Scope 1 and Scope 2 emissions. Additionally, Krakatau Steel advanced its sustainability commitment by planning a floating solar power plant at the Krenceng Reservoir and delivering 100 renovated habitable houses to the local community.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
Type
Annual Report with Sustainability Disclosures
Language
English, Indonesian
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Energy Consumption
Water Consumption
Total Waste
Workplace Fatalities
Net Zero Target
Employees