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PGE Achieves Platinum Award at Global CSR & ESG Summit & Awards

PT Pertamina Geothermal Energy Tbk (PGE) (IDX: PGEO) Ulubelu Area received another international award at the Annual Global CSR & ESG Summit and Awards 2023. Through the Corporate Social Responsibility (CSR) program in the health sector Kamasetra (Independent, Healthy, and Prosperous Families) Empowerment of Woman Award category. The CSR program received a Platinum award and was received in Da Nang City Vietnam (29/8).

Ulubelu Area PGE Business Support Manager Rawan Mirza, who received the award, said that this achievement is an international recognition of the company's sustainability practices, especially in the implementation of ESG (Environmental, Social & Governance) aspects.

"This award is a tangible manifestation of PGE Ulubelu Area's consistency in implementing ESG aspects through community empowerment," he said.

The application of ESG aspects in business practices is a demand for every company to support its business sustainability efforts. He also added that the award for the company's good practices is not the ultimate goal but a benchmark for consistently maintaining harmonious relationships with all stakeholders.

The Kamasetra program has successfully responded to the policies of the Indonesian and World governments in an effort to reduce the prevalence of stunting cases in toddlers. Through the activities of the Healthy Kitchen, Kamasetra Application, and Waste Bank, the problem of stunting can slowly be resolved. This is shown by the gradual decrease in the number of stunted toddlers in Ulubelu District, Tanggamus Regency, Lampung Province.

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About PT Pertamina Geothermal Energy Tbk

PT Pertamina Geothermal Energy Tbk (PGE) (IDX: PGEO) is part of the Power & New Renewable Energy (PNRE) Subholding of PT Pertamina (Persero) which is engaged in geothermal exploration, exploitation and production. Currently PGE manages 13 Geothermal Working Areas (WKP) and 1 Assignment Working Area with an installed capacity of 1,877 MW, of which 672 MW is operated and managed directly by PGE and 1,205 MW is managed under a Joint Operation Contract scheme. The installed geothermal capacity in PGE's working area contributes around 80% of the total installed geothermal capacity in Indonesia, with the potential to reduce CO2 emissions by around 9.7 million tons of CO2 per year.

As a world class green energy company, PGE aims to create value by maximizing end-to-end management of geothermal potential and derivative products and participating in the national and global decarbonization agenda to support Indonesia net zero emission 2060. PGE has excellent ESG credentials with 13 Gold PROPER awards from 2011 to 2022 in the Ministry of Environment and Forestry's highest environmental compliance award for ESG Rating & Engagement.

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