SPINDO Receives International Award: Best Sustainability-Linked Transaction 2024 from Alpha Southeast Asia
PT STEEL PIPE INDUSTRY OF INDONESIA Tbk (SPINDO) once again made a proud achievement in the international arena by winning the Best Sustainability-Linked Transaction 2024 award at the 18th Annual Deal & Solution and ESG Awards 2024 held by Alpha Southeast Asia, a leading financial institution based in Hong Kong.
This prestigious award was received by Mr. Johanes W. Edward as Chief Strategy & Business Development Officer, Corporate Secretary, & Investor Relations who represented SPINDO in the award ceremony.
A Recognition of Innovation and Sustainable Vision
This award recognizes SPINDO's financing strategy that integrates
Environmental, Social, and Governance (ESG) principles in business operations. SPINDO's sustainability-oriented transactions are not just a financial move, but also a long-term commitment to drive the transformation of the steel industry towards a greener, more efficient, and responsible future.
As a pioneer in the national steel manufacturing sector, SPINDO positions itself not only as a producer of high-quality steel pipes, but also as a catalyst for change towards environmentally friendly and sustainable industrial practices.
Why does SPINDO Deserve This Award?
This award was given to SPINDO in recognition of the company's success in carrying out sustainability-linked transactions. Significant transaction value supported by ESG (Environmental, Social, and Governance) targets, such as carbon emission reduction, energy efficiency, and inclusive social programs are the main foundation for this achievement.
SPINDO also implements a structured and measurable sustainability measurement mechanism, allowing every strategic step taken to be evaluated transparently. Collaboration with financial partners and support from stakeholders also strengthen the effectiveness of this program. The results of this initiative have shown significant progress towards SPINDO's 2024 sustainability targets.
The Way Forward
This achievement confirms SPINDO's commitment to building long-term value that is balanced between financial performance and contributions to the environment and society. Through its sustainability-linked transaction strategy, SPINDO continues to demonstrate that sustainability and profitability are not opposites, but rather mutually reinforcing forces.
SPINDO believes that the synergy between innovation, sustainability, and collaboration will bring Indonesia's steel industry to the top of the world. We are committed to continue providing construction and infrastructure solutions that are not only robust, but also responsible for the future of the earth and future generations.
