JAKARTA, JUNE 16, 2024. PT XL Axiata Tbk (XL Axiata) has once again been recognized for its outstanding achievements and performance, securing several awards from prestigious events both domestically and internationally. The company received at least five awards in various categories from three notable events, namely the HR Asia Awards 2024, the Transparency for Reducing and Calculating Best Corporate Emissions 2024, and the 20 Top Companies to Watch in 2024.
Dian Siswarini, President Director & CEO of XL Axiata, expressed, "We are honored to receive these awards, some of which acknowledge our commitment to sustainable business practices and ESG principles. Additionally, our performance in stock markets and the quality of our workplace have been recognized. These honors complement previous awards from various organizations and communities. Each award motivates us to strive for even greater achievements across all areas."
At the 2024 HR Asia Awards, XL Axiata was honored in the Best Workplace to Work for in Asia category, and for Diversity, Equity & Inclusion. These awards were accepted by XL Axiata's Chief Human Capital Officer, M. Hira Kurnia, in Jakarta on Friday (31/5). XL Axiata was recognized for its exemplary human resources (HR) practices, which demonstrate high levels of employee engagement. The company's focus on diversity and inclusion also contributes to a positive workplace culture.
M. Hira Kurnia stated, "This award is dedicated to all XL Axiata colleagues. As the saying goes, 'Effort does not betray the results,' this recognition is a testament to our collective hard work."
The HR Asia Best Companies to Work for in Asia Awards program recognizes companies for their outstanding HR practices. These companies are not only selected by their employees as top employers in Asia but also ensure an excellent work environment. The awards are aimed at companies across Asia that demonstrate best-in-class HR practices, high levels of employee engagement, and foster a dynamic and diverse workplace culture.
In the 2024 Best Corporate Emission Reduction and Calculation Transparency event, XL Axiata was recognized for its exceptional transparency in corporate emission reduction transparency (Green category) and emission calculation transparency (Gold category) for 2024. This recognition is based on the transparent emission disclosures in XL Axiata's annually published Sustainability Report. The awards were presented by Investortrust.id and the Bumi Global Karbon (BGK) Foundation.
At the 20 Top Companies to Watch in 2024 event, XL Axiata was recognized as one of the top 20 companies by Bloombergtechnoz.com. This award was given due to the promising outlook of EXCL shares this year. The post-election momentum is expected to boost internet traffic as users seek information related to political campaigns. Additionally, Indonesia's accelerated digital transformation contributes to this positive outlook.
According to Bloombergtechnoz, the rapid expansion of Indonesia's digital economy is a significant catalyst for EXCL's growth. Bank Indonesia predicts that digital banking transactions will reach IDR 63,803 trillion in 2024, reflecting a 9.11% year-on-year increase. The Bloomberg consensus shows that 28 analysts recommend buying EXCL shares, while 7 suggest holding. The consensus projects a potential target price for EXCL shares to reach IDR 2,863.21 within the next 12 months.