PT Vale won the 2017 SBA Award

12/5/2017

PT Vale won the 2017 SBA Award

Febriany Eddy receiving the SBA award directly from the Minister of National Development Planning Bambang Permadi Soemantri Brodjonegoro.
Febriany Eddy, Chief Financial Officer of PT Vale receiving the award directly from the Minister of National Development Planning Bambang Permadi Soemantri Brodjonegoro.

PT Vale Indonesia Tbk won the Sustainable Business Awards (SBA), provided by the Global Initiatives with PricewaterhouseCoopers (PwC) and IBCSD (Indonesia Business Council for Sustainable Development), under Sustainability category in the Business Responsibility and Ethics Category. The award was given on Monday, December 4, 2017 at Grand Hyatt's Grand Ballroom, Jakarta.

"This prestigious award reflected the hardwork and commitment of all PT Vale's employee, the government, community leaders, and other stakeholders who relentlessly support PT Vale's efforts to be a responsible and ethical mining company," said Febriany Eddy, Chief Financial Officer of PT Vale after receiving the award directly from the Minister of National Development Planning Bambang Permadi Soemantri Brodjonegoro.

.. award reflected the hardwork and commitment of all PT Vale's employee, the government, community leaders, and other stakeholders who relentlessly support PT Vale's ... "


Febriany Eddy

Also attending the event were Shinta Kamdani President of IBCSD and Vice Chairman of KADIN Jakarta and Irhoan Tanudiredja, PwC Indonesia Senior Partner. In her remark Shinta stated, "A strong leadership lies not only in vision, but also in how to communicate and influence others in extraordinary measures and share their commitments and common goals.

According to the judging panel of SBA Indonesia, PT Vale won the Business Responsibility and Ethics category for its consistent performance and continuous effort in conducting various innovations to fulfill its responsibilities to stakeholders, such as building the Supplier Performance Index to review partners' technical performance, legal employment and safety aspects. The Company also runs the Integrated Community Development Program (PTPM), including the Independent Village Partnership Program (PMDM).

In August 2016, PT Vale was awarded for the Sustainability in the Community category. While in 2014, PT Vale received a special award "Companies with Good Energy Management" category thanks to its use of renewable energy sources in 90% of its operations. Earlier, the Company was awarded the "The Best Company in Strategy and Vision" (2013) and "Company with the Best Water Management" (2012).

The Sustainable Business Awards (SBA) given to appreciate the efforts of business leaders in Indonesia towards the Paris-Climate Agreement that preventing global warming, and to dig deeper on the businesses that truly demonstrate leadership and commitment for sustainability practices. The SBA's methodology is a combination of the best benchmarking and rewarding features in the world to realize green strategies and business benefits that are consistent with world best practices.

SBA provide awards in several categories: Strategy and Vision, Labor, Community, Energy Management, Water Management, Waste and Material Productivity, Climate Change, Supply Chain, Land Use, Biodiversity and Environment, Business Responsibility and Ethics and Sustainable Development Objectives (TPB/SDGs).



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PT Vale won the 2017 SBA Award