Sustainable Talk November: Climate Solution Hub
November 24, 2022Environmental, Social, Governance (ESG): The Ability to Adapt & Get Ready for the Future
December 13, 2022Maybe you are already familiar with stainless steel products, be it your kitchen utensils (spoons and cooking utensils), home and building ornaments, or industrial components. Nickel is present in many things, from coins to cars. The gadget that allows you to read our current article likely uses nickel as its essential component.
Out of 2.7 million tons (t) of nickel production per year worldwide: Indonesia contributed (1,000,000 t), followed by the Philippines (370,000 t), Russia (250,000 t), New Caledonia (190,000 t), Australia (160,000 t), and Canada (130,000 t). (source: Statista 2021, Huber 2021)
One of the big players in the nickel industry in Indonesia is Nickel Industries. Entrusting Pertiwi- Consulting to develop the narrative of the Task Force on Climate-Related Disclosure (TCFD) and their GHG emission calculations. The main objective of TCFD is to inform investors about the company’s plans to reduce risks from climate change, as well as to make it transparent about how they are regulated. It consists of governance, strategy, risk management, metrics and targets. Financial markets need clear, comprehensive and high-quality information about the impacts of climate change.
In the future, nickel will be the primary material that will significantly benefit from adaptation to a more environmentally friendly economy, especially in the transition to electric transportation. Nickel is an essential material in developing electric motor vehicle batteries. The greater the nickel content in the battery, affects the vehicle’s mileage.
As sustainable business consultants, we appreciate and love collaborating to help businesses consider ESG (Environmental, Social, Governance) aspects more.