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Committed to ESG, Pertamina encourages competitiveness at Hannover Messe
State-owned oil and gas firm Pertamina, which manages and maintains national energy resilience, is committed to implementing environmental, social and corporate governance (ESG) in all its business lines and operations.
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(Courtesy of Pertamina)
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tate-owned oil and gas firm Pertamina, which manages and maintains national energy resilience, is committed to implementing environmental, social and corporate governance (ESG) in all its business lines and operations. These three global issues are important aspects that support the company's long-term business sustainability.
At Hannover Messe 2021, the finance director of Pertamina and among ESG Implementation Team Leaders, Emma Sri Martini, emphasized that ESG in the company's strategy would encourage the company’s competitiveness, both domestically and globally.
"The implementation of ESG in all lines of business will encourage balance and the preservation of nature, contribute to providing energy access and community empowerment, as well as implement good corporate governance. The application of ESG will also create long-term sustainable value and have a positive impact on the company, the community and the world," said Emma.
According to Emma, Pertamina reduced greenhouse gas emissions by 27.08 percent in 2020. Pertamina aims to lower greenhouse gas emissions by 30 percent in 2030, in accordance with Indonesia's commitment to reducing emissions based on the Paris Agreement. Pertamina is also targeting an increase in NRE total capacity to 10.2 Gigawatts by 2026.
"We expect to achieve the target by implementing various programs, such as increasing gas utilization, biofuel utilization and green energy. New and renewable energy development is one of Pertamina's priorities to address environmental issues and energy transition trends in 2030," added Emma.
Pertamina, continued Emma, has also carried out various initiatives to preserve flora and fauna in all of its operational areas by preserving 87 endemic animal species and 52 endangered plant species.
According to Emma, in the social aspect, Pertamina maintains national energy security and provides energy to the country through its programs, such as the One Price Fuel and One Village One Outlet (OVOO). The OVOO program will simultaneously encourage the usage of environmentally friendly fuels in rural areas at affordable prices.
In the governance aspect, added Emma, Pertamina launched the Pertamina Clean Charter in June 2020 as part of the implementation of ISO 37001: 2016 in the antibribery management system. It is in line with Pertamina's zero tolerance for bribery and commitment to upholding professionalism, trust and integrity.
"With the support of stakeholders, Pertamina will continue implementing ESG that encourages Pertamina to become a world-class oil and gas company that provides maximum benefits for the people, nation and state," said Emma.
For detailed information on Pertamina's involvement in the Energy Transition and ESG Implementation displayed in the Hannover Messe Virtual Exhibition, please visit https://www.hannovermesse.de/exhibitor/pt-pertamina-persero-/N1462840
