Pertamina Aiming to Become Sustainability-driven Energy Player

TEMPO.CO, Jakarta - Indonesian energy company PT Pertamina (Persero) has said it is aiming to become a world-class sustainability-driven energy player through the implementation of Environmental, Social, and Governance (ESG) programs.

The company is running several ESG programs that are geared towards sustainability, according to a written statement issued by Pertamina's CEO and president director, Nicke Widyawati, and received here on Tuesday.

The state-owned enterprise will support the nation’s efforts toward achieving the target of 29-percent decarbonization before 2030, starting by reducing greenhouse gas emissions, she said.

"Our operational efficiency in the refinery and upstream facility, flare gas utilization, waste heat recovery, and increasing utilization of geothermal energy, all contribute greatly towards the reduction of emissions," she added.

As part of its environmental goals, Pertamina has reduced its energy consumption and intensity, thereby reducing its carbon footprint, Widyawati said adding, the company has cut its emissions by 27 percent in the last ten years.

Pertamina — as the largest Indonesian company that is involved mainly in oil, natural gas, and renewable energy sectors — plays an important role as the guardian of thenation's energy security, and its wide range of activities affect the lives of millions of people in the country, she observed.

Therefore, the company has also strived to realign its business strategies with a greater focus on sustainability, she said.

Pertamina's sustainability strategy has been translated into 10 sustainability focuses, each of which is aligned with the sustainable development goals (SDGs) and has a primary target, she informed.

The 10 sustainability focuses are addressing climate change; reducing the environmental footprint; protecting biodiversity, health, and safety; preventing major accidents; recruiting, developing, and retaining employees; carrying out innovation and research; community engagement and impact; practicing cybersecurity; and corporate ethics, she elaborated.

Moreover, in its transition to greater use of clean energy, the company has set its sights on the development of geothermal as well as hydro-based and solar-based power generation, Widyawati disclosed.

"We will continue to support Indonesia’s energy transition by adopting climate-friendly business strategies such as realigning our energy mix to include 17-percent renewable energy by 2030, and providing clean energy for the country in the future," she affirmed.

In terms of social responsibility, the company is continuing to tighten and improve occupational health and safety policies, she said.

Furthermore, to improve corporate governance, the company has initiated the 'New Pertamina Clean Charter', as part of its anti-bribery management system, she added.

Read: Pertamina Finds New Oil Reserve in Thousand Islands

ANTARA