State-owned mining holding company, MIND ID, reaffirmed its commitment to Environmental, Social, and Governance (ESG) principles and strategic risk management in a presentation before Commission VII of the House of Representatives (DPR) on Wednesday, July 16, 2025.

Addressing the hearing, MIND ID President Director Maroef Sjamsoeddin emphasized the company’s proactive stance toward sustainability and resilience in the face of global challenges.

“We are deeply aware that effective risk management is a cornerstone of long-term sustainability, corporate governance, and operational integrity,” Maroef said. “MIND ID continues to adapt to regulatory shifts, geopolitical dynamics, and industrial transitions by embedding ESG into every level of the organization.”

He cited that the number of board members has expanded from three to six, a move aimed at enhancing governance and addressing the growing complexity of the mining ecosystem.

“We increased the board structure because of demands from the business side, political developments, and ESG expectations can no longer be handled under the previous setup,” he said.

Diversified portfolio

MIND ID manages key subsidiaries across Indonesia’s mining sector:

• ANTAM – Mining of gold, nickel, and bauxite.
• PT Bukit Asam (PTBA) – Coal mining in West Sumatra.
• PT Freeport Indonesia – Copper and gold mining (51% owned by Indonesia).
• INALUM – The only aluminium smelter in Indonesia, controlling over 40 percent of domestic market.
• PT Timah – Tin production and refining.
• DKA, PALE, and Mind ID Trading – Involved in tin reserves, smelting, and commodity trading.

These entities, Maroef said, collectively support Indonesia’s mineral downstreaming and strategic resource control agenda.

Risk framework and sustainability pathway

MIND ID has implemented a risk management system that is “integrated, adaptive, and ESG-based,” designed to respond to both internal and external pressures. The company’s Sustainability Pathway is built around six pillars, namely Internal and Client Chain, Smart Provision and Product Stewardship, Unique People, Society, Economic Development, and Governance.

Maroef said this framework guides how MIND ID monitors environmental parameters and manages its operations in line with global standards.

Emission reductions and carbon transition

MIND ID’s climate-related efforts include Solar-to-electricity conversion in PTBA’s heavy machinery; Biomass co-firing in power plants; Solar panel installations at major smelting sites; and Carbon offset certifications and bioenergy adoption.

By 2024, MIND ID had managed to reduce between 300,000 and 800,000 tons of CO₂ emissions, surpassing its 2030 interim target of 200,000 tons.

The group also reported progress in reducing hazardous (B3) and non-hazardous waste. Between 2022 and 2024, B3 waste declined by 15.4 percent, while non-B3 waste dropped by 3.7 percent. Waste restructuring and the use of recycled materials for road construction were cited as key contributing measures.

MIND ID has completed reclamation on mining lands since 2007, with cumulative rehabilitated land exceeding 37 hectares by 2024. The group is also actively conserving critical water catchment areas through partnerships with local authorities and communities.

To accelerate its sustainability and transformation agenda, MIND ID called on the legislature to support faster budget approvals, regulatory clarity, and incentives for green technology adoption.

“We cannot walk this path alone. We need alignment across ministries, Parliament, and local governments to ensure Indonesia’s mining future is not only profitable but also sustainable,” Maroef said.