Climate Change Data

Environmental Metrics

ESG Focus Areas

• Renewable Energy
• Environmental Sustainability
• Social Responsibility
• Good Corporate Governance

Environmental Achievements

• Reforestation of 1,065 trees in 2021; Reforestation of 2,129 trees in 2020; Reforestation of 10,647 trees in 2019.
• Reduced fuel consumption (BBM) in 2021 compared to 2020.

Social Achievements

• Implementation of Corporate Social and Environmental Responsibility (TJSL) program with a cost of Rp669 million in 2021 (increase of 166.53% from 2020). Initiatives included infrastructure development (road construction and public lighting) in several villages.
• Two employee capacity building trainings conducted in 2021.

Governance Achievements

• Establishment of Audit Committee and Nomination and Remuneration Committee on March 4, 2022.
• Implementation of Good Corporate Governance (GCG) principles throughout 2021.
• No reports of violations received through the Whistleblowing System in 2021.

Climate Goals & Targets

Environmental Challenges

• Economic uncertainty due to the Covid-19 pandemic.
• Volatility of the rupiah exchange rate.
• Infrastructure development challenges.
• Human resource quality.

Mitigation Strategies

• Maintaining good relations with PLN (main customer).
• Appointing competent professional services for power plant projects.
• Securing competitive funding and minimizing financial risks (using "Lump Sum" mechanism).
• Expanding and diversifying business through greenfield and brownfield projects and developing subsidiaries in engineering consulting and solar power.

Supply Chain Management

Climate-Related Risks & Opportunities

Environmental Metrics

ESG Focus Areas

• Renewable Energy
• Environmental Sustainability
• Social Responsibility
• Good Corporate Governance

Environmental Achievements

• Operated 2 Hydro Power Plants (HPPs) with a total capacity of 17.4 MW in West Java and Central Sulawesi.
• Construction of 10 MW HPP in Central Sulawesi (target commissioning date Q1 2023) and 5.4 MW HPP in Lampung, Sumatra (target commissioning date Q4 2024).

Social Achievements

• Renovation of SDN 2 Panawa school fence in Garut, West Java.
• Donation of 11 goats for Qurban.

Governance Achievements

• Successful Initial Public Offering (IPO) on July 8, 2022.
• Establishment of Audit Committee and Nomination and Remuneration Committee.

Climate Goals & Targets

Environmental Challenges

• Volatility of Rupiah exchange rate.
• Uncertainties due to the Covid-19 pandemic.
• Rising inflation and material costs.
• Increased interest rates.
• Need for improved HR quality.

Mitigation Strategies

• Operational and interest cost efficiency.
• Employee training programs.
• Precautionary principle in anticipating economic uncertainties.

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: POJK No. 29/POJK.04/2016, SEOJK No. 16/SEOJK.04/2021, POJK No. 51/POJK.03/2017

Environmental Metrics

ESG Focus Areas

• Sustainable and Clean Energy Future
• Environmental Responsibility
• Community Collaboration
• Sustainable Finance
• Environmental, Social, and Governance (ESG)

Environmental Achievements

• Successful issuance of green bonds in 2023, totaling IDR 340 billion.
• Decreasing water consumption ratio, operational electricity consumption ratio, ratio of wastewater produced, and emissions in 2023 compared to the previous year.
• Rehabilitation of 57 hectares of watershed area, planting 68,970 pine trees.

Social Achievements

• Implementation of CSR programs focusing on rural development, supporting education and infrastructure development.
• Providing employment, training, infrastructure development, and improved energy access to local communities.

Governance Achievements

• Implementation of Good Corporate Governance (GCG) principles.
• Regular sustainability reporting.
• Consistently implementing Good Corporate Governance practices.

Climate Goals & Targets

Environmental Challenges

• Prolonged dry season due to El Nino, resulting in low water discharge and affecting electricity production.
• Currency exchange rate volatility.
• Global geopolitical conditions impacting the Indonesian economy.
• Rising interest rates.

Mitigation Strategies

• Implementing operational cost efficiency schemes and reprofiling debt to reduce interest burden.
• Providing employee training to improve performance.
• Applying the principle of prudence in anticipating obstacles.

Supply Chain Management

Climate-Related Risks & Opportunities

Physical Risks

• Prolonged dry season due to El Nino