PT XLSMART Telecom Sejahtera Tbk (XLSMART) has earned an Entity Rating “2” with a score of 67 from Sustainable Fitch, recognizing the company’s strong sustainability performance (09/03). This rating confirms XLSMART’s integration of Environmental, Social, and Governance (ESG) principles into its business strategy, following its merger in April 2025.

Integrating ESG Into Corporate Strategy and Governance

XLSMART Director & Chief Regulatory Officer Merza Fachys said, “We are very proud to have achieved a good rating from Sustainable Fitch. This rating is an independent validation of XLSMART's commitment to building a sustainable business after the merger. Our commitment is to establish and implement ESG as the main foundation in our strategy and corporate governance implementation to create long-term value for investors and all stakeholders.”

Positive Environmental and Social Contributions

The company received the rating because its business activities contribute positively to the environment and society. XLSMART provides energy-efficient telecommunications networks and expands digital connectivity, supporting social inclusion in underserved areas. It was also designated a “social pure player,” reflecting its social role as part of the business model. The assessment was conducted from November 2025 to January 2026.

From an environmental perspective, XLSMART discloses Scope 1, Scope 2, and Scope 3 emissions, along with data on energy, water, and waste. The company has set short- and long-term targets to reduce emissions and the environmental impact of its network operations.

Zero Waste Initiatives Highlight Commitment to Sustainability

Merza added, “We have also demonstrated our commitment to becoming a sustainable company by implementing the Zero Waste Landfill concept in every event we hold, such as the AXIS Nation Cup 2025, where we successfully managed 4,200 kilograms of waste during the event. This waste was not disposed of directly but was sorted and processed through various sustainable management schemes to avoid burdening the final processing site (TPA). This year, we also applied a similar concept to the Ultraverse Festival, which was successfully held at the end of January.”

Future Plans to Strengthen ESG Implementation

XLSMART will continue to strengthen ESG implementation in measurable ways as part of its sustainable growth strategy and long-term value creation for investors, Merza stated.

Sustainable Fitch is a global sustainability rating agency that assesses corporate performance, commitment, and the integration of environmental and social aspects into business strategy and management. Its ratings use a scale from 1 to 5, with 1 being the best, and scores from 0 to 100. The ratings serve as a reference for investors making ESG-based decisions.

PHOTO: XLSMART

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