Women in Mining – IDX Stats.

Women in Mining IDX Stats. (Vol 102)

Introduction.

A review of the 2017 – 2018 annual reports of companies listed on the mining board of the Jakarta Stock Exchange (IDX) was undertaken to get an appreciation of the numbers of women engaged by responsible mining companies in Indonesia.

 

Data Source.

As of 13 May 2019, there are 47 Mining companies listed on the IDX. The criteria for listing on the mining board is that such companies receive more than 50% of their income from mining related activities. Therein some larger conglomerates that have mines, but are not listed on the mining board, are not reviewed herein. As at 13 May 2019, some 7 of the 47 companies had not yet provided their 2018 annual report, wherein this review included such 7 companies 2017 annual report.

 

Ratios of Women.

The overall ratio of commissioners is 188 males to 7 female commissioners (3.7%), and in no company are there more female commissioners to male commissioners.

The overall ratio of directors is 187 males to 18 female directors (9.6%), and in one company there are more female directors than male directors. Some 19 of the 47 companies provided details of gender of employees, wherein the total men were 50,844 and women 3,568 making the female percentage of 6.5% of the work force.

 

Gender Policy.

This survey found that only about 2 or 3 companies had a clear “Gender Policy” whereas most companies had some general statement about gender equity in the work place. Some 16 (Yes) of the 47 companies were deemed to have either a clear gender policy or sufficiently clear statement of commitment to an equal gender treatment of the workforce. Only 1 company (No) was brave enough to state they had yet to develop a gender policy.  The remaining 30 companies had either no mention of an equal gender statement at all, or had weak statements concerning no gender bias opportunities in the work force, or in recruitment.

 

A typical statement on gender: – “The Company will provide equal employment opportunity for all employees, regardless of ethnicity, religion, race, customs, gender, age and or physical obstacles. The Company makes an exception to this policy only when hiring employees for positions that require specific physical abilities in performing the primary functions of the job”. Such statements seem to treat women as the same as men, wherein a Gender Policy may recognize that women are different to men, and require an additional set of corporate commitments for their well-being.

 

Comparison to 2014-15

A similar review of the IDX mining board companies 2014 – 2015 annual reports was previously published in Coal Asia magazine, Vol 74 December 20- January 20 2017. This earlier report found that; – There were 42 listed mining companies, 3 of which did not have a 2014 or 2015 annual report available. From the remaining 39 companies, 13 companies did not have women as directors. Overall male directors (183) outnumbered the female directors (16). Statistics on commissioners was not reviewed. Of the 39 companies only 10 provided statistics on the number of women employees, and 8 companies provided no data at all on numbers of employees. Of the 10 companies that provided numbers of male and female employees, there is a total of 21,797 men and 1,750 women, making the overall percentage of women at 7.4 % in the mining industry (varies from 3.7 to 14.2% for different companies). Note that this previous review included Berau Coal Energy Tbk that is no longer listed on the mining board, and other companies have since joined the mining board.

 

Table 1. Data on women extracted from 2017 – 2018 IDX mining board annual reports

 

IDX code Company Annual Report Comm. Male/ Female Directors

Male/

Female

Total employees Female employees % female employees Gender equity
1 ADRO Adaro Energy 2018 3/1 5/0 12,538 No data N/F
2 ANTM Aneka Tambang 2018 6/0 6/0 2,598 227 11.4 Yes
3 APEX Apexindo Pratama Duta 2017 3/0 4/0 950 No data N/F
4 ARII Atlas Resources 2018 5/0 5/1 317 No data Yes
5 ARTI Ratu Prabu Energi 2018 2/0 3/0 260 No data N/F
6 ATPK ATPK Resources 2018 2/0 2/0 42 (MAS) No data N/F
7 BIPI Astrindo Nusantara Infrastruktur 2018 4/0 4/0 90 No data Yes

 

8 BORN Borneo Lumbung Energi & Metal 2017 2/0 1/2 1,572 No data N/F
9 BOSS Borneo Olah Sarana Sukses 2018 3/0 3/0 78 10 13 N/F
10 BSSR Baramulti Suksessarana 2018 9/0 10/0 774 44 6 N/F
11 BUMI Bumi Resources 2018 8/0 6/1 2,578 No data N/F
12 BYAN Bayan Resources 2018 6/0 9/1 1,751 No data N/F
13 CITA Cita Mineral Investindo 2018 3/0 3/0 794 No data N/F
14 CKRA Cakra Mineral 2017 2/0 3/0 19 No data N/F
15 CTTH Citatah 2018 4/0 2/2 798 No data N/F
16 DEWA Darma Henwa 2017 5/0 4/0 2,486 96 3.8 N/F
17 DKFT Central Omega Resources 2018 3/0 2/1 815 No data N/F
18 DOID Delta Dunia Makmur 2018 6/0 2/1 14,547 479 3.3 Yes
19 DSSA Dian Swastatika 2018 3/1 3/2 2,553 358 14 Yes
20 ELSA Elnusa 2018 5/0 5/0 1,354 116 8.5 Yes
21 ENRG Energi Mega Persada 2017 3/1 3/0 378 No data N/F
22 ESSA Surya Esa Perkasa 2018 4/0 5/0 114 No data N/F
23 FIRE Alfa Energi Investama 2018 2/0 2/1 7 No data No
24 GEMS Golden Energy Mines 2018 6/0 6/0 630 No data Yes
25 GTBO Garda Tujuh Buana 2018 3/0 3/0 63 No data N/F
26 HRUM Harum Energy 2018 6/0 4/0 667 No Data N/F
27 INCO Vale Indonesia 2018 6/0 3/1 3,092 243 7.8 N/F
28 INDY Indika Energy 2018 5/0 3/0 8,843 No data Yes
29 ITMG Indo Tambangraya Megah 2018 4/1 8/0 2,845 317 11 Yes
30 KKGI Resources Alam Indonesia 2018 5/0 6/0 544 65 12 Yes
31 MBAP Mitrabara Adiperdana 2018 3/1 4/0 661 56 8.5 N/F
32 MDKA Merdeka Copper Gold 2018 6/0 8/0 2,154 126 6 Yes
33 MEDC Medco Energi Internasional 2018 4/1 5/0 4,035 458 11 N/F
34 MITI Mitra Investindo 2018 2/0 2/1 17 No data N/F
35 MYOH Samindo Resources 2018 3/0 5/0 656 No data N/F
36 PKPK Perdana Karya Perkasa 2018 2/0 2/0 18 No data N/F
37 PSAB J Resources Asia Pasifik 2018 2/0 5/0 2,422 No data N/F
38 PTBA Tambang Batubara Bukit Asam 2018 6/0 6/0 2,122 219 10.3 Yes
39 PTRO Petrosea 2018 5/0 3/0 5,198 270 5.2 Yes
40 RUIS Radiant Utama Interinsco 2017 3/0 2/1 3,642 No data N/F
41 SIAP Sekawan Intipratama 2017 3/1 4/0 36 No data N/F
42 SMMT Golden Eagle Energy 2018 3/0 3/0 75 12 16 N/F
43 SMRU SMR Utama 2018 2/0 1/1 1,063 No data N/F
44 SURE Super Energi 2018 3/0 3/0 199 No data N/F
45 TINS Timah 2018 5/0 5/0 4,537 303 6.6 Yes
46 TOBA Toba Bara Sejahtra 2018 5/0 4/1 1,093 154 14 Yes
47 ZINC Kapuas Prima Coal 2018 3/0 3/0 98 15 15.3 N/F

* N/F_ Not Found:

 

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