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ICDX Group 1st Townhall 2022: ICDX Group Committed to Become a Carbon-Neutral Commodity Exchange
ICDX Group 1st Townhall 2022: ICDX Group Committed to Become a Carbon-Neutral Commodity Exchange
Monday, 14 March 2022

The COP26 climate meeting held in Glasgow, Scotland last year has prompted discussions about steps that can be taken to combat climate change. This conference is a continuation of the 2015 Paris Agreement in an effort to tackle the rising global temperature. This meeting encouraged the government and the private sector to take concrete steps for decarbonization.

As one of the Commodity Exchanges in Indonesia, ICDX Group is committed to becoming a carbon-neutral Commodity Exchange, which will start within the company. ICDX Group held the first Townhall in 2022 to socialize carbon awareness programs to the internal company.

ICDX Group’s Commitments to become a Carbon-Neutral Commodity Exchange:

  1. Support and sign the setting of science-based emission reduction targets following the criteria and recommendations of the Science Based Targets (SBTi) initiative.
  2. To fulfill most of the company's energy needs from cleaner and renewable energy sources
  3. Offsetting emissions from company electricity consumption, employee travel, paper consumption, and other relevant emission sources from 2022
  4. Advocating and pursuing a carbon neutral mission to members and stakeholders of the ICDX Group's business ecosystem through education and workshops
  5. Communicating and implementing a carbon footprint awareness program within the company to encourage responsible workplace practices

One of the main steps to be implemented is to reduce the use of plastic bottles and paper. In addition, ICDX will also cooperate with waste management companies for corporate waste.

ICDX Group believes, that not only governments and individuals, but private sectors should also be a part of the solution in tackling climate change.

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