Kideco Wins Gold Rank at ASRRAT 2025 for Sustainability Excellence

Recognition for Sustainable Practices

PT Kideco Jaya Agung (Kideco), a subsidiary of PT Indika Energy Tbk, has achieved the prestigious Gold Rank at The Asia Sustainability Reporting Rating (ASRRAT) 2025. This recognition highlights Kideco's commitment to sustainable business practices and transparent reporting. The award ceremony took place on November 28, 2025, at The Westin Resort Nusa Dua, Bali, and was presented by Member Trustee NCCR, Gugus Irianto, to Kideco's Director of Legal & Corporate Affairs, Arif Kayanto.

Commitment to Sustainability

Arif Kayanto expressed gratitude for the recognition, stating that this achievement validates Kideco's ongoing sustainability transformation efforts. He emphasized that this accomplishment motivates the company to continue innovating, improving efficiency, and expanding positive impacts across all operational aspects. The Gold Rank achievement demonstrates Kideco's consistency in strengthening sustainable governance across its operations.

Industry Context and Future Implications

Bambang Permadi Soemantri Brodjonegoro, Chairman Board of Trustee NCCR, highlighted the importance of global harmonization of sustainability reporting standards. He noted that international regulations such as IFRS S1-S2, TCFD, GRI Standards, and ASEAN Taxonomy are driving the need for more measurable, comparable, and actionable disclosures. This recognition positions Kideco as a leader in sustainability reporting within the energy sector.

Evaluation Process

The ASRRAT 2025 evaluation involved 82 participants from both private and public sectors, including four foreign companies from the Philippines and Bangladesh. The assessment was conducted by Certified Sustainability Reporting Specialists (CSRS) comprising experienced academics and practitioners. Kideco's Sustainability Report was praised for effectively showcasing its long-term strategy in environmental management, social empowerment, and transparent corporate governance.