Panca Budi Sustainability Profile
Panca Budi, officially known as PT Panca Budi Prakarsa, is a prominent player in the Indonesian manufacturing sector, headquartered in Indonesia. Established in 1985, the company has made significant strides in the production of high-quality plastic products, particularly in the packaging industry. With a strong operational presence across major regions in Indonesia, Panca Budi has become synonymous with innovation and reliability. The company’s core offerings include a diverse range of plastic packaging solutions, which are distinguished by their durability and eco-friendly attributes. Panca Budi's commitment to sustainability and customer satisfaction has solidified its position as a market leader. Notable achievements include various industry awards recognising its excellence in manufacturing and environmental stewardship, further enhancing its reputation in the competitive landscape of plastic production.
DitchCarbon Score
How does Panca Budi's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Food Product Manufacturing industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Panca Budi's score of 6 is lower than 89% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Panca Budi's reported carbon emissions
In 2022, PT Panca Budi Idaman Tbk reported significant carbon emissions, with Scope 1 emissions from fossil fuel usage at approximately 1,999,000 kg CO2e and Scope 2 emissions from electricity usage at about 53,877,000 kg CO2e. The company also disclosed Scope 3 emissions of around 30,000 kg CO2e from waste generated in operations for the year 2021. Despite these figures, Panca Budi has faced challenges in establishing concrete climate commitments. As of June 2023, the company had committed to near-term targets, although these commitments have since been removed, indicating an expired commitment status. Currently, there are no long-term targets or net-zero commitments in place. The emissions data for 2021 and 2022 reflects a corporate family relationship, with data cascaded from PT Panca Budi Idaman Tbk, which operates within the Containers and Packaging sector in Indonesia. The company has not disclosed specific reduction targets or achievements, and its climate strategy remains vague, lacking defined pathways for emissions reduction. Overall, while Panca Budi has reported emissions data, its climate commitments appear to be in a state of flux, necessitating further clarity and action to align with industry standards for sustainability.
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| 2020 | 2021 | |
|---|---|---|
| Scope 1 | 1,275,000 | 0,000,000 |
| Scope 2 | 41,440,000 | 00,000,000 |
| Scope 3 | 35,000 | 00,000 |
How Carbon Intensive is Panca Budi's Industry?
How Carbon Intensive is Panca Budi's Location?
Panca Budi's Scope 3 Categories Breakdown
Panca Budi's Scope 3 emissions, which decreased by 14% last year and decreased by approximately 14% since 2020, demonstrating supply chain emissions tracking. Their carbon footprint includes supplier sustainability and value chain emissions data across Scope 3 categories, with "Waste Generated in Operations" representing nearly all of their reported Scope 3 footprint.
Top Scope 3 Categories
Panca Budi's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Panca Budi has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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Frequently Asked Questions
Common questions about Panca Budi's sustainability data and climate commitments