LEADING THE WAY IN ESG

Pertamina, an Indonesian governmentowned energy company, has undertaken major efforts to fight climate change.

WHILE THE WORLD WORKS TO REACH NET-ZERO EMISSIONS by 2050, companies adopting proactive environmental, social, and governance (ESG) goals have become especially critical to making meaningful progress. In Indonesia, one of the organizations at the forefront of sustainability efforts is Pertamina, a state-owned energy company that is deepening its commitments to all areas of ESG in order to make a positive impact on its customers, country, and planet.

"As an energy company, we have an impact on society and the environment, both positively and negatively," says Pertamina president, director, and CEO Nicke Widyawati.

"As a result, we feel a responsibility to ensure that the negative impact caused by the company is minimized and that the way we do business doesn't compromise the ability of future generations to meet their needs." Through its various strategic ESG initiatives, Pertamina has invested in 10 sustainability focuses to address global problems, such as climate change, waste, biodiversity, human rights, anti-corruption, and more. In September 2021, the company furthered these initiatives with its sustainability policy, which was designed to support eco-friendly practices for all workers, partners, customers, and stakeholders. To work toward its goal of reaching net-zero emissions by 2060, Pertamina is focused on two main areas: decarbonizing business activities and developing new green businesses. Through these pillars, Pertamina aims to reduce carbon dioxide (CO₂) to 81.4 million tons by 2060, which will also support the government's policy of a 29% reduction in emissions by 2030.