Mowilex, Indonesia's First Carbon Neutral Manufacturer, Receives CarbonNeutral® Company Certification for the Sixth Consecutive Year

December 24, 2024 03:28 PM AEDT | By Cision
Follow us on Google News: https://kalkinemedia.com/resources/assets/public/images/google-news.webp
  • Mowilex has earned its sixth consecutive CarbonNeutral® company certification through investments in innovative technologies and offset programs.
  • The company's environmental commitments are helping Indonesia reach carbon reduction targets while also advancing United Nations Sustainable Development Goals.
  • Mowilex became Indonesia's first certified carbon neutral manufacturer in 2019, and has since expanded its Environmental, Social, and Governance (ESG) initiatives.

JAKARTA, Indonesia, Dec. 24, 2024 /PRNewswire/ -- PT Mowilex Indonesia (Mowilex) has achieved its sixth consecutive CarbonNeutral® certification from Climate Impact Partners. Mowilex made history when it became Indonesia's first certified carbon neutral manufacturer in 2019. Since then, the company's continuous investments in green technologies and offsets that neutralize remaining emissions have lessened its environmental impact while supporting Indonesia's emission reduction goals.

Innovation in Every Can. Mowilex Recycled paint has up to 40% premium recycled paint per 2.5-litre pail, lowering its carbon footprint by up to 60% versus traditional paint products.
Innovation in Every Can. Mowilex Recycled paint has up to 40% premium recycled paint per 2.5-litre pail, lowering its carbon footprint by up to 60% versus traditional paint products.

To complete its latest certification, Mowilex is supporting India's Lingasugur Wind Power Project. As part of a clean power portfolio that decreases fossil fuel use, the Lingasugur project advances four United Nations Sustainable Development Goals: Affordable and Clean Energy (goal 7), Decent Work and Economic Growth (goal 8), Industry, Innovation and Infrastructure (goal 9), and Climate Action (goal 13).

Mowilex also reduced its carbon footprint and offset emissions across production and distribution. Solar panels being installed at the Cikande plant will reduce the company's dependence on non-renewable electricity sourced from the grid. After fostering improvement projects to lower fuel usage and transitioning from fuel-based equipment to electric, Mowilex recorded a 98% decrease in emissions from stationery sources compared to 2023. Renewable electricity from low- or zero-emissions sources powers the new equipment. Mowilex worked with ACT Commodities, a CDP gold-accredited organization that helps companies navigate scope 1, 2 and 3 decarbonization, to obtain related Renewable Energy Certificates.

"Mowilex is honoured to receive a sixth consecutive CarbonNeutral company certification. We hold ourselves to high ethical and environmental standards, and this recognition proves that manufacturers can make a positive, lasting impact across the value chain," says Niko Safavi, CEO of PT Mowilex Indonesia.

By demonstrating environmental leadership and decreasing its own emissions, Mowilex is helping Indonesia reach Enhanced Nationally Determined Contribution (NDC) goals. The country has set an unconditional emission reduction target of 31.89% by 2030 and is committed to achieving net zero emissions by 2060. Estimates by the World Resources Institute (WRI) Indonesia suggest the industrial sector accounted for three-quarters of Indonesia's total emissions in 2019 alone.

"Global change starts with local efforts, and Mowilex invests heavily in initiatives that benefit local communities. Reducing carbon emissions is just the start. We've also supported community development projects, funded habitat restoration, and completed the planting of 50,000 mangrove trees in celebration of the company's 50th anniversary," Safavi says. "Mowilex takes pride in being a force for good, in Indonesia and beyond."

Mowilex has released its annual Environmental, Social, and Governance (ESG) report, earned its third consecutive Indonesia's Best Managed Companies award from Deloitte, and established the Mowilex Scientific Advisory Board to expand research efforts and foster innovation. The company also introduced its new Mowilex Recycled paints, which contain up to 40% premium recycled paint in each 2.5-litre pail.

Check Mowilex ESG programs and products at Mowilex.com.

About PT Mowilex Indonesia 

PT Mowilex Indonesia (Mowilex), a subsidiary of Asia Coatings Enterprises, Pte. Ltd., is a leading producer of premium paints and coatings. Since launching the first Indonesian-made, water-based paints in 1970, the company has expanded its commitment to environmental ethics, equality, community and innovation. PT Mowilex is Indonesia's only certified carbon neutral manufacturer, producing zero and low VOC paints in modern colours, and the company regularly wins awards for its corporate social responsibility and sustainability efforts.


Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media Pty Ltd (“Kalkine Media, we or us”), ACN 629 651 672 and is available for personal and non-commercial use only. The principal purpose of the Content is to educate and inform. The Content does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the Content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stocks of the company(s) or engage in any investment activity under discussion. Kalkine Media is neither licensed nor qualified to provide investment advice through this platform. Users should make their own enquiries about any investments and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary.
The content published on Kalkine Media also includes feeds sourced from third-party providers. Kalkine does not assert any ownership rights over the content provided by these third-party sources. The inclusion of such feeds on the Website is for informational purposes only. Kalkine does not guarantee the accuracy, completeness, or reliability of the content obtained from third-party feeds. Furthermore, Kalkine Media shall not be held liable for any errors, omissions, or inaccuracies in the content obtained from third-party feeds, nor for any damages or losses arising from the use of such content.
Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music that may be used on this website are copyrighted to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed/music used on this website unless stated otherwise. The images/music that may be used on this website are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have made reasonable efforts to accredit the source wherever it was indicated as or found to be necessary.

This disclaimer is subject to change without notice. Users are advised to review this disclaimer periodically for any updates or modifications.

Two ASX Listed Stocks Giving Bullish Indications

Recent Articles

Investing Tips

Previous Next
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.