Singapore-based asset administration agency, Gunung Capital, began its transition in the direction of web zero in late 2019. It started with a overview of its principal portfolio asset Indonesian steelmaker, Gunung Raja Paksi GRP, which on the time was one of many largest privately owned metal teams in Indonesia.
Along with an overhaul of the asset’s administration, the Gunung group thought-about the stark actuality of its carbon footprint. Their resolution later that 12 months to record GRP on the Indonesia Inventory Change IDX, formalised common disclosure of the asset’s actions within the public area.
Steelmaking is a giant contributor to carbon emissions, with practically 2 billion tonnes of the…
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