One of Southeast Asia’s largest steel companies aims to give back to local community by supporting academic research and action on the green economy
JAKARTA, INDONESIA – Media OutReach – 15 October 2021 – Gunung Raja Paksi (GRP), one of Southeast Asia’s largest privately-owned vertically integrated steel companies, today announces its collaboration with the Institut Pertanian Bogor (IPB University) in an effort to strengthen the education institution’s environmental, social, and governance (ESG) efforts. GRP has been at the forefront of policies on eco-sustainability and climate change following its decision to set up a Transparent, Accountable, and Professional (TAP) management framework earlier this year. As a sign of its continued commitment to ESG, GRP has now signed a Memorandum of Understanding (MoU) with IPB University’s Sharingyuk social mobilisation community.
The collaboration aims to support research into environmental preservation by tapping the university’s pool of academic expertise. GRP will work closely with IPB University in a bid to strengthen the public-private ecosystem in Indonesia and foster a national green economy agenda. Mr Kimin Tanoto, Commissioner of Gunung Raja Paksi and a firm advocate for the Green Economy, currently leads the ESG Task Force for the Indonesian Iron and Steel Industry Association, and has plans to invest in new technologies that reduce the carbon footprint of the manufacturing sector.
Kimin Tanoto, Commissioner of Gunung Raja Paksi, said: “I’m delighted to partner with IPB University on this important ESG initiative. Our joint focus is on educating, inspiring, and empowering businesses in Indonesia to rise to the challenge of transforming the economy for a greener and more socially-responsible tomorrow. My hope is that the actions taken by GRP and IPB University today will serve as an example to other public-private partnerships businesses across the country, and encourage more positive action to be taken on not only climate change but a range of ESG issues that must now become business priorities.”
Dr Asep Taryana S.TP., MM of Institut Pertanian Bogor, said: “Companies that place a focus on the environment and focus on sustainability such as GRP play an important role in contributing to the positive social impact on its employees, communities and the environment. This collaboration with IPB is very strategic as it is in line with the advancement of ESG goals.
About Gunung Raja Paksi
With a global base across 40+ countries, Gunung Raja Paksi (GRP) is now one of Southeast Asia’s largest privately-owned vertically integrated steel companies. It was successfully listed on the Jakarta Stock Exchange in 2019. For more information, please visit: https://www.gunungrajapaksi.com
#GunungRajaPaksi
About Kimin Tanoto
Kimin is the Founder and CEO of Gunung Capital. Based in Singapore, Gunung Capital is a private investment management company focused on impact investments guided by environmental, social, and governance frameworks. Kimin is committed to putting his business acumen and entrepreneurship skills to invest in transformative projects that contribute to the United Nations Sustainable Development Goals. This includes investing in projects that support the decarbonization of different industries, sustainability-linked projects, and carbon credit markets. Kimin is a serial entrepreneur and business leader who has founded multiple businesses. Kimin has leveraged his global and regional business connections, visionary business acumen and deep operational expertise to establish partnerships with world-class companies in the steel and cement industry, top-tier financial institutions and capital markets, to seize on opportunities in Asia and the world. Kimin serves on the Board of Commissioners for PT Gunung Raja Paksi Tbk which successfully listed on the Jakarta Stock Exchange in 2019. Under Kimin’s leadership, he has initiated a transformation of the company by bringing in a world-class management and operations team. In recognition of his contributions to the local steel industry, Kimin was appointed as the Vice Chairman of the Indonesian Iron and Steel Association. Kimin completed his Bachelor of Industrial Management from Cornell University. He is fluent in English, Mandarin Chinese, Hokkien and Bahasa Indonesia. For more information, please visit: https://kimintanoto.com and http://www.greeneconomyforum.com.
Services
Stakeholder mapping, analysis, engagement and communication needs to be detailed to avoid business losses or even worse, a crisis. How can you do this effectively to prevent failure? ...
Data-driven business decisions have never been as crucial, especially in this era. MGBF leverages off, technology, experience and market presence to aid businesses in making accurate decisions. ...
MGBF provides comprehensive strategic advice and results-focused solutions to solve clients' problems in business-government relations so they can focus on their core business. ...
A critical business challenge is meeting the right decision-makers and potential buyers through the best channel and platform. How will you improve your business competency? ...
Upcoming Events
In this episode of 'A Working Lunch with Nordin', MGBF's Nordin Abdullah and regional commentator Eddin Khoo will discuss the biggest threats and opportunities for businesses as we look to manage change in the South China Sea.
This MGBF Roundtable will feature thought leaders form Japan, Australia, Singapore and Malaysia dealing with the critical issues of manipulation of public listed companies and government and their financial impacts.
A series of networking sessions with various business associations and trade organisations exploring high-value opportunities for business leaders and entrepreneurs looking to build the relationships that matter.
This integrated event will include a forum, dedicated business matching, site visits, a gala dinner and a round of golf. Aptly themed, the focus will be on regional food security issues and trends in the context of the supply chain, agriculture technology and trade regulations and policies.
MGBF In The News
Planet QEOS and China Machinery Engineering Corporation (CMEC) are interested in investing RM10 billion to co-develop advanced Megawatt peak (MWp) agrovoltaic in Baram, to further boost Sarawak’s green energy initiative and food security. Sarawak Premier Datuk Patinggi Tan Sri Abang Johari Tun Openg was briefed on Friday by both the […]
Last week SPM results came out, 373,974 aspirants who have been waiting patiently over the last few months would now know their fate. Some 10,109 have received all A’s, the golden standard of academic success and the ticket to those looking to study the “more advanced” subjects in university. Proudly, […]
The classic knee-jerk reaction is to say, fire the coach, change the leadership of associations, and reduce the funding till they start performing better. This kind of negative reinforcement may work for kindergarten children, but we are dealing with high-performance adults – individuals much further along in their psychological and […]
Since its earliest tea plantations in 1929, Cameron Highlands has grown to become a key player in the agricultural landscape of Malaysia, producing 40 per cent of all vegetables grown. Despite Malaysia shifting its economic focus away from agriculture, the industry remains imperative for food security and the livelihoods of […]
Although at first glance the travel industry and the agricultural sector appear to have nothing in common, they actually share more than meets the eye. The economic benefits of tourism to the agricultural sector can be multiplied several times over. “Tourism brings the end consumers closer to the source, which […]
The Malaysia Global Business Forum (MGBF) recently held a high-level roundtable themed ‘Designing the Future of the Digital Economy’, attended by industry leaders and business associations. The guest of honour was Yang Berhormat Syerleena Abdul Rashid, the Member of Parliament (MP) for Bukit Bendera in Penang. The MP’s Special Session […]
The Malaysia Global Business Forum (MGBF) will be hosting a roundtable on ‘Designing the Future of the Digital Economy’ on 23 February 2023. It is the culmination of the first three MGBF Exclusive Roundtable Series titled ‘The Evolving Threat Matrix in the Digital Economy’ held throughout 2022. According to the […]
The Founding Chairman of the Malaysia Global Business Forum (MGBF), Nordin Abdullah, today spoke on Bernama TV’s leading English talk show, The Brief, hosted by Jessy Chahal, on the topic of a stable political reality and what that means for the Malaysian economy. Nordin said, “The first thing that it […]
More than 1,100 years ago, Muhammad ibn Musa al-Khwarizmi was developing the mathematical formulas that we know today as algorithms which now have become so intertwined with the business fortunes of global media giants and the very fabric of geopolitics. A series of recent high level international reports have revealed […]
KSK Land has been recognised by the Malaysia Global Business Forum (MGBF) for its role in attracting high net-worth individuals to Malaysia post-pandemic. The first challenge in investor attraction is “selling” the country. In the context of Asia, Malaysia is competing with some very established investment destinations. The second […]
Malaysia, in particular Kuala Lumpur, continues to position itself as a regional centre to do business, educate a family and enjoy a global lifestyle. One company, KSK Land, has taken the lead in positioning itself and the city of Kuala Lumpur as a property investment destination for the global citizen […]
The upcoming budget represents an opportunity to build resilience in the critical sectors that will form the backbone of the country’s future-facing economic ambitions. This however needs to be achieved in the context of managing the community sectors most impacted by COVID-19 over the past two years. The Keluarga Malaysia (Malaysian Family) […]
Malaysia Global Business Forum (MGBF) has moved to support the creative economy as the overall economy moves into a recovery phase following the COVID19 pandemic. As a step in the direction of normalcy, the MGBF has agreed to host the art exhibition “I Know You’re Somewhere So Far” by one […]
Congratulations to Datuk Seri Ismail Sabri Yaakob for taking up the mantle of the ninth prime minister of Malaysia. There is nothing normal about the situation; it could not have been scripted but it has kept the spectrum of media, mainstream and social, gripped. The first order of business for […]
In a stirring speech to the nation, President Joseph R. Biden, Jr. stamped his brand of leadership on the presidency, in his first act as the 46th president of the United State of America, it signaled several shifts. Perhaps the weather was foreboding with snow falling before the ceremony that […]
KUALA LUMPUR, 6 July 2022 – As the global economy continues to deal with unprecedented levels of disruption caused by the pandemic and the conflict between Russia and Ukraine, the convergence of energy security and food security issues has become a front-of-mind issue faced by policy makers and consumers alike. […]
KUALA LUMPUR, 23 June 2022 — Malaysia Global Business Forum (MGBF) ties up with scoutAsia to ensure that businesses are equipped with deeper regional insights. The past two years has seen a massive shift in the way businesses are conducted with digitisation, digitalisation and automation continuously being adopted to improve […]
KUALA LUMPUR, 25 May 2022 – The Malaysia Global Business Forum (MGBF)’s exclusive roundtable on ‘Security Concerns in Critical Value Chains’ was held in a hybrid setting yesterday at the Eastin Hotel Kuala Lumpur. The guest of honour was Yang Berbahagia Tan Sri Dato’ Seri Rafidah Aziz, former minister of […]
We live in the age of crisis. At the heart of any crisis is the threat of rapid change. Change too deep or too wide that the current coping mechanisms for an individual, corporation or government are unable to remain resilient. An unwelcome paradigm shift, like the proverbial spider, that […]