Industry
Healthcare
Impact Area
Economic Development
Sido's steadfast focus on essential ESG factors has significantly bolstered its business performance, evident in annual revenue and profit growth of approximately 10% from 2019 to 2022, alongside an impressive 80% increase in share price over the same period. The company's market resilience during the 2022 Russia-Ukraine crisis underscores the findings of a seminal 2015 Harvard Business School study, affirming that markets reward companies that prioritize material ESG considerations. Sido's inclusion in all four IDX ESG indices, including its status as one of only 30 firms on the IDX ESG Leaders index, highlights its leadership in sustainable practices. Recognitions such as the "Top Performing Listed Companies 2022" award from Indonesia's "Investor Magazine" and the "Best Managed Companies in Indonesia Award 2022" from Deloitte Indonesia further underscore Sido's robust business resilience and exemplary management. Through its holistic ESG strategy, Sido not only drives business success but also delivers value to its spice farmers, employees, shareholders, customers, and the broader community. Positioned on a strong foundation of ESG principles, Sido continues to innovate, develop new natural health products, pursue responsible growth, and establish itself as a sustainable leader in its industry.