Illustrative image (Source: VNA)
 
Hanoi (VNA) – Indonesian companies have started to consider environmental and social issues while deploying their operations, some of them are even willing to sacrifice technological advances for the sake of the environment rather than just focusing on doing business. 

Sarah Yuniarni and Tabita Diela wrote the comment in an article that was recently published in Jakarta Globe newspaper.

Speaking at a recent seminar entitled “Beyond Profitability: Balancing Sustainability and Growth” organised by the GlobeAsia and the Asia-Pacific Resources International Holdings Limited in Jakarta, Director of Vale Indonesia Basrie Kamba said reputation and sustainability are of key importance to Vale Indonesia, adding that many companies are putting price tags on community programmes to measure their success rate.

Vale Indonesia, a miner from Brazil, has recently been a Sustainable Business Award Indonesia for its consistent policy on environmental protection. Thanks to its effective environmental protection measures, Vale Indonesia’s output increased by 17 percent to more than 90,000 tonnes in 2017.

Similar things have been done in different industries by companies such as the world’s largest palm oil holding Golden Agri Resources, Indonesia’s largest cement manufacturer Semen Indonesia, and the local arm of global food packaging company Tetra Pak.

Earlier this year, the Indonesian Ministry of Agriculture allowed the Golden Agri Resources to increase production to 10.8 tonnes of crude palm oil per hectare from 7.5 tonnes, without the need to expand its plantations.-VNA