PT Wijaya Karya Beton, a leading precast concrete company, proudly emerged as a finalist in the prestigious Asia Sustainability Reporting Award (ASRA) 2022. The event, held on March 30, 2023, in Singapore, recognized and celebrated organizations that have demonstrated exceptional sustainability reporting practices. ASRA is renowned for its rigorous evaluation process and aims to encourage companies across Asia to adopt transparent and comprehensive reporting on their sustainability initiatives.
The Asia Sustainability Reporting Awards (ASRA) is dedicated to upholding the highest standards in judging. The judging process follows a set of guiding principles that ensure independence, integrity, objectivity, impartiality, avoidance of conflict of interest, and transparency. An esteemed panel of judges, hailing from diverse backgrounds such as non-profit organizations, academia, sustainability advocacy, professional bodies, industry networks, and media, is responsible for evaluating the entries and selecting the winners. The judges are entirely independent of the organizers to maintain neutrality and objectivity.
PT Wijaya Karya Beton's sustainability report stood out for its meticulous attention to social, environmental, and governance principles. It highlighted the company's dedication to conducting operations in a manner that minimizes environmental impact, fosters positive social contributions, and upholds strong corporate governance. By being named a finalist in ASRA 2022, PT Wijaya Karya Beton showcased its commitment to sustainability and responsible business practices.
The Asia Sustainability Reporting Awards are a once-in-a-year opportunity for all types of organizations, including small businesses and large conglomerates, to showcase their corporate social responsibility initiatives and build trust and awareness among stakeholders. An independent panel of judges with distinguished backgrounds evaluates the entries and decides the winners across 16 categories, including Asia's Best Sustainability Report, Asia's Best Integrated Report, Asia's Best Sustainability Report (SME), and Asia's Best Carbon Disclosure.
The judging criteria encompass various parameters that evaluate the sustainability reports and communications. The link between the company's reported sustainability strategies and its business strategy is assessed, along with the use of internationally accepted reporting frameworks such as GRI and Integrated Reporting. The identification, description, and addressing of the company's most significant impacts and issues are considered, as well as stakeholder engagement and the clear description of goals, targets, and progress measurement.
PT Wijaya Karya Beton's recognition as an ASRA finalist underscores the company's dedication to building a sustainable future as an integral part of its business strategy. In an increasingly complex and diverse landscape, PT Wijaya Karya Beton has implemented best practices in resource management, environmental stewardship, employee well-being, and community engagement.
The success of PT Wijaya Karya Beton in securing a finalist position in ASRA 2022 is a remarkable achievement. It highlights the company's dedication to conducting business responsibly and sustainably. This acknowledgment serves as a catalyst for continuous innovation and improvement in the company's sustainability practices. With this momentum, PT Wijaya Karya Beton continues to be an agent of change in the precast concrete industry, inspiring other companies to embrace sustainable practices.
ASRA has provided a platform to recognize and celebrate organizations committed to shaping a sustainable future for Asia and beyond. The awards not only encourage transparency and accountability in reporting but also inspire companies to go above and beyond in their sustainability efforts. PT Wijaya Karya Beton's achievement as an ASRA finalist serves as a testament to its leadership in the industry and its dedication to achieving sustainable development goals. The company's commitment to responsible and sustainable practices sets an example for others to follow and contributes to building a more sustainable and resilient future for all.
