State-run oil and gas corporation PT Pertamina (Persero) has set a more comprehensive energy transition as the enterprise’s priority program by increasing the energy mix to reduce greenhouse gas emissions.
“PT Pertamina is committed to becoming an environmentally friendly and socially responsible company, which upholds good corporate governance,” President Director of the company Nicke Widyawati noted in a statement on Monday.
According to the statement, currently, the company has played an important role in leading the green transition of Indonesia’s energy industry and targets a 30-percent reduction in emissions by 2030.
Furthermore, it will prioritize the development of new and renewable energy to overcome environmental problems to support the realization of Indonesia’s energy mix in 2030.
In addition, PT Pertamina supports Indonesia’s 2022 G20 Presidency that has chosen energy transition as one of the agendas of the inter-governmental forum.
As a member of G20’s Business 20 (B20) Task Force on Energy, Sustainability, and Climate, the enterprise strives to become a strong catalyst for green recovery in accordance with the principles of energy security, energy equity, and environmental sustainability.
For instance, the corporation formed a Sustainability Committee led directly by Widyawati in 2021. The committee gives high importance to addressing various global energy issues, including the energy transition program.
In addition, the president director remarked that PT Pertamina implemented eight strategic initiatives to develop environmentally friendly and sustainable energy.
Some of the initiatives are establishing green refineries, developing bioenergy, commercializing hydrogen, increasing gasification, initiating battery and integrated energy storage ecosystems, as well as increasing the capacity of installed geothermal power plant.
“We believe that Indonesia’s abundant geothermal resources can become a strong backbone to expedite the energy transition program in line with the government’s goal of achieving net zero emissions in 2060,” Widyawati added.
Source: Antara News