Tag: PT Pertamina (Persero)

B20 ESC Task Force to link performance, SDG targets with policies

The B20 Energy, Sustainability, and Climate (ESC) Task Force has continued to strengthen steps to produce policy recommendations under the Indonesian G20 Presidency.

Chair of the B20 Energy, Sustainability, and Climate Task Force, Nicke Widyawati, during the 4th Call Meeting of the task force in Jakarta on Tuesday, May 24, 2022. (Antara / HO-Pertamina)

As part of the effort, the ‘Fourth Task Force Call Meeting’ was held online for members on Tuesday (May 24, 2022).

The meeting, which was accessed from Jakarta, was led directly by Pertamina president director and chair of the task force, Nicke Widyawati.

It was attended by around 140 participants comprising deputy chair of the ESC Task Force, Agung Wicaksono; policy manager of the task force, Oki Muraza; eight co-chairs of the task force; and B20 members from 19 industries and 25 countries.

Among the topics the 4th meeting focused on was the addition of aspects of SDGs and key performance indicators (KPI) to policy recommendations.

“Based on the results of discussions between the Task Force and the Implementing Council, it has been agreed that all Task Force B20 should link the SDG goals that are relevant to the draft policy recommendations and develop KPIs as monitoring indicators in policy designs,” Widyawati said.

She reiterated that the main objective of the forum is to ensure inclusivity in the formulation of recommendations and policies, wherein all members of the task force get the opportunity to express their views.

“I hope that we can work together in formulating policy proposals that are effective and can be implemented as well as able to represent the interests of the business community from B20 member countries,” she said.

The policy manager of the task force, Oki Muraza, outlined several KPI proposals in policy recommendations, which are expected to serve as indicators while monitoring the course of policy recommendations, including increasing the percentage of renewable energy from the total global energy supply and creating jobs related to clean energy and low-emission technologies.

“We have compiled this KPI considering the policies that have been made in the Italian B20 presidency by adding several aspects that are in line with the B20 policy recommendations this year,” Muraza said.

In addition, the policy recommendations made should be in line with the Sustainable Development Goal (SDG) targets, such as those related to affordable clean energy (SDG No. 7 Affordable and Clean Energy) and climate action (SDG No. 13 Climate Action).

On the same occasion, deputy chair of the task force, Agung Wicaksono, informed that the task force still has one Task Force Call in June 2022 for submitting final policy recommendations.

Wicaksono said he expects the task force members to continue to provide inputs and views on the preparation of policy recommendations that have an impact and can be followed up by the G20 leadership.

In addition, he also listed several other important activities that will be held by the task force after the last Task Force Call, including the B20/G20 Ministerial Dialogue in July 2022; an investment forum titled “2nd Partners in Energy Transition,” which will be organized in collaboration with the Indonesian Ministry of Foreign Affairs; the “SOE Trade & Investment Forum,” which will be held in collaboration with the Ministry of State-Owned Enterprises in September; and the B20 Summit in November.

Contact: Fajriyah Usman, VP Corporate Communications, PT Pertamina (Persero)
M: +62 858 8330 8686, Email: fajriyah.usman@pertamina.com, URL: https://www.pertamina.com
Written by: Azis Kurmala, Editor: Suharto (c) ANTARA 2022

Go Sustainability, Pertamina Successfully Increases ESG Rating To PROPER

PT Pertamina (Persero) is committed to create sustainable business processes to become a leading global energy company with a reputation for being environmentally friendly, socially responsible, and with good governance.

To carry out this commitment, Pertamina implements the requirements of several standards that are applied in the world such as the International Organization for Standardization (ISO) ISO 14001:2015 related to Environmental Management, ISO 45001:2018, ISO 50001:2018 related to Social Responsibility, ISO 37001:2016 regarding Energy Management, ISO 27001:2013 Anti Bribery Management System, ISO 27001:2013 Information Security Management Systems, and ISO 26000:2010 Social Responsibility.

Pertamina’s efforts to implement global standards have had positive impacts. From the environmental aspect, it has resulted in a reduction of 6.6 million tons greenhouse gas emissions of CO2 equivalent. Saved energy by 92.5 million GJ, reduced waste by 8.6 tons, 3R non-hazardous waste by 10,628 tons, 3R hazardous waste by 180 thousand tons, and saved water use of 29.6 million m3.

This success has led Pertamina to receive 170 PROPER (Company Performance Rating Program in Environmental Management) awards in 2020 which include 16 Proper Gold, Green (64), and Blue (90). The assessment is held annually by the Ministry of Environment and Forestry of the Republic of Indonesia on the management of environmental aspects by the company.

Vice President HSSE Policy Standard & Risk Management System of PT Pertamina (Persero) Leodan Haadin, at one of the forums held by the Indonesian Pavilion at the United Nations Climate Change Summit in Glasgow, Scotland (3/11), stated that, in order to ensure that the management of environmental aspects gets attention in all business units, the achievement of PROPER is included as part of the main performance indicators (KPI) in Pertamina’s business scope, both Subholding and subsidiaries.

“One thing that to be proud of is that 50 percent of the total companies in Indonesia that achieve the ‘beyond compliance’ criteria, all come from the Pertamina Group,” said Leodan.

In line with that, said Leodan, the PROPER criteria also answer the 17 Sustainable Development Goals (SDG), thus encouraging companies to support the achievement of the SDGs. From the environmental aspect, Pertamina’s priority is aimed toward controlling climate change, reducing the environmental footprint, and protecting biodiversity. Moreover, from the social aspect, Pertamina shows high concern for occupational health and safety, preventing large-scale accidents, recruitment and retention of employees that refers to the principles of equality and Human Rights, Innovation and Research as well as impact and engagement with the community around the operation. Whereas, from the governance aspect, Pertamina focuses on cyber security and corporate ethics.

With various efforts to implement ESG aspects, Pertamina was able to get an ESG rating of medium risk with a score of 28.1 and was in the 15th position out of 251 world companies and the seventh Percentile among global oil and gas companies.

“ESG alignment can provide several benefits for businesses. For example, good ESG quality can help companies to expand financing options and develop competitive advantages, which can drive business performance,” concluded Leodan.

Media Contact
Heppy Wulansari
Pjs. Vice President Corporate Communications
PT Pertamina (Persero)
M: +62 811-296-949
E: heppy@pertamina.com

Supporting Government to Reduce Emissions, Pertamina Cooperates with ExxonMobil to Develop Low Carbon Technology

In line with President Joko Widodo’s direction to transform businesses towards a green economy, Pertamina is pursuing the Government’s target of reducing 29% Greenhouse Gas (GHG) emissions by 2030 with its own efforts and 41% with international assistance.

President Director of Pertamina, Nicke Widyawati, and President of ExxonMobil Indonesia, Irtiza H. Sayyed, signed a MoU witnessed by the Coordinating Minister for Maritime Affairs and Investment of the Republic of Indonesia, Luhut Binsar Panjaitan, Coordinating Minister for Economic Affairs Airlangga Hartarto, Minister of SOEs Erick Thohir, and Deputy Minister SOE, Pahala N. Mansury, and Minister of Energy and Mineral Resources, Arifin Tasrif.

With that spirit, the Ministry of SOEs has also introduced a sustainable policy, namely “Eco Lifestyle,” The policy aims to create a better place for the future generation of Indonesia through green energy initiatives.

To support this step, the Ministry of SOEs encourages Pertamina to collaborate with various parties. It includes global companies in the development of Carbon Capture and Utilization and Storage/CCUS technology.

“This CCUS collaboration is an important partnership to reduce the effect of greenhouse gases and increase the national oil gas production capacity,” said Minister of SOE Erick Thohir.

The Coordinating Minister for Maritime Affairs and Investment, Luhut Binsar Panjaitan, appreciated and supported these efforts by encouraging cooperation between Pertamina and ExxonMobil in the application of low-carbon technology and CCUS. This collaboration will strengthen the sustainable strategic partnership between Pertamina and ExxonMobil, which has existed since the 1970s in the upstream sector and the downstream sector.

“The opportunities that the two companies are evaluating in Indonesia, coupled with the right government policies and industry collaboration, will have the potential to make the greatest impact in the highest-emitting sectors not just in Indonesia but also in Southeast Asia,” he said.

Coordinating Minister Luhut emphasized that with global climate change, it is important to reduce greenhouse gas (GHG) emissions. Therefore, it can overcome the increase in global temperature to not exceed 1.5 degrees Celsius.

In terms of reducing emissions, in the upstream sector, Pertamina has initiated several CCUS projects in the oil and gas field with the potential to reduce carbon dioxide up to 18 million tons. One of the CCUS technology developments was carried out at Gundih Field, Cepu, Central Java, which is integrated with Enhanced Gas Recovery (EGR) technology and has the potential to reduce around 3 million tons of CO2 in 10 years and increase oil and gas production. The project is planned to be operational in 2026.

“The application of CCUS technology is part of Pertamina’s energy transition to clean energy agenda. This low-carbon technology will support Pertamina’s business sustainability in the future,” said President Director of PT Pertamina (Persero) Nicke Widyawati.

The challenge in developing CCUS lies in the large investment value and the economic value that is not yet ideal. In responding to this challenge, Pertamina continues to synergize and cooperate with various world oil and gas companies to accelerate CCUS implementation through technology transfer, joint development, and increased capacity building.

Together with ExxonMobil, Pertamina will develop the application of low-carbon technology to achieve net-zero emissions in promoting global climate goals. CCS technology is applied through the application of a CO2 injection process into the subsurface layer. It is to be applied to depleted reservoirs in Pertamina’s working area, as well as assessing the potential for hubs and cluster schemes.

Pertamina and ExxonMobil will also review the sharing of technical subsurface data needed for the assessment of subsurface formation as a place to store CO2 and its characteristics at certain locations in Indonesia. The two companies will also review the sharing of infrastructure data including, pipelines, facilities, and wells data, to evaluate the reuse of existing infrastructure for transportation.

The application of this technology can also be applied to the production of blue hydrogen in combination with CCS technology. Another application that will be studied is CCUS, namely the use of CO2, which will be converted into value-added products whose application is carried out in the upstream and downstream oil and gas industries.

Therefore, President Director of Pertamina, Nicke Widyawati, and President of ExxonMobil Indonesia, Irtiza H. Sayyed, have signed a memorandum of understanding witnessed by the Coordinating Minister for Maritime Affairs and Investment of the Republic of Indonesia, Luhut Binsar Panjaitan, Coordinating Minister for Economic Affairs Airlangga Hartarto, Minister of SOEs Erick Thohir, and Deputy Minister SOE, Pahala N. Mansury, and Minister of Energy and Mineral Resources, Arifin Tasrif, Monday (1/11) at the United Nations Climate Change Summit in Glasgow, Scotland, taking place November 1-10, 2021.

Media Contact:
Heppy Wulansari
Media Communications Manager
PT Pertamina (Persero)
M: +62 811-296-949, E: heppy@pertamina.com

Pertamina supports achievement of Indonesia’s carbon emissions target

Indonesia’s largest energy company, PT Pertamina (Persero), has said it has implemented several initiatives to support the government’s target of reducing greenhouse gas emissions from the energy sector.

According to the company’s president director & CEO, Nicke Widyawati, Pertamina has been focusing on reducing gas emissions, especially in the areas of road transport, aviation, shipping as well as chemical and petrochemical industry – which based on world charts, contribute less than 20 percent carbon emissions.

“The most carbon emission reduction is coming from our operational efficiency in refinery and upstream facility, flare gas utilization, waste heat recovery in upstream and refinery as well as other energy initiatives in geothermal,” she said during a talk show about the green economy on the sidelines of the 26th UN Climate Change Conference (COP26) in Glasgow, Scotland, on Monday.

To achieve the target of reducing 25.9 million tons of CO2 by 2030, Pertamina has drafted several initiatives, including increasing geothermal capacity to 1065 MW as well as developing hydro-based and solar-based power generation, which are targeted to reach 715 MW and 3,100 MW each, respectively.

The state-owned energy company is in the process of developing a green refinery in Plaju and Cilacap that will be operational by 2025.

It is also participating in Indonesia battery company joint venture by developing an EV battery ecosystem including swapping and charging business, in addition to developing a methanol plant for gasification, which is planned to be on stream by 2025.

“Previously, the energy of our refinery was from fuel, now we are shifting to gas and also some parts are coming from solar-PV,” Widyawati added.

Other initiatives taken by Pertamina to help reduce greenhouse gas emissions include the development of bioenergy, circular carbon economy, as well as new and renewable energy, she informed.

“And we have the ambitious target to shifting the energy of our facility so it becomes 30 percent of energy mix from new and renewable energy,” she said.

Pertamina reduced 27.08 percent of its emissions during 2010-2020, exceeding the country’s NDC target in 2020 of 26 percent.

In the energy sector, the Indonesian government has the ambition of reducing as much as 314 million tons of CO2 emission in 2030, of which 183.66 million tons, or more than 50 percent, is a target for the New & Renewable Energy (NRE) sector.

Based on the roadmap for Indonesia’s energy transition, the current state of the energy mix is still at the level of approximately 9 percent. It will increase to 23 percent by 2025 and continue to increase until it is projected to be at the level of 31 percent by 2050.

Through this NRE development roadmap, the government believes that the energy sector will reduce emissions by 314-398 million tons of CO2.

Media Contact
Fajriyah Usman
Pjs Senior Vice President Corporate Communications & Investor Relations
PT Pertamina (Persero)
M: +62 858 8330 8686, E: fajriyah.usman@pertamina.com