Pertamina New Renewable Energy (Pertamina NRE) has just achieved the results of the ESG rating rating value of 13.0 with the risk level of ‘low risk category’ by the ESG global rating agency, namely Sustainalytics. The results of the assessment placed Pertamina NRE into the 3rd best position globally for the Independent Power Producer & Trader (IPP & Traders) sector in terms of ESG rating conducted by Sustainalytics. This is in accordance with Indonesia’s vision delivered by President Joko Widodo for the energy transition to Net Zero Emission and has renewable energy.
“This is a proud achievement, Pertamina NRE occupies the best 3rd position for the value of ESG in the IPP & Traders sector. This achievement shows that Pertamina NRE provides concrete evidence of its commitment in the implementation of ESG aspects in sustainable company management activities,” said CEO Pertamina NRE Dannif Danusaputro in his statement, Wednesday (9/13/2023).
Pertamina NRE is Pertamina’s subholding which is the frontline in the energy transition through the development of net energy. Pertamina NRE focused its business into three pillars, namely, low carbon solutions, renewable energy (renewable energy), as well as building a new business (New & Future Business).
Sustainalytics is a leading global rating ESG institution that assesses ESG risk exposure from a company that carries out operations and business activities in certain industries. In carrying out measurements and assessments of ESG rating, sustainalytics measures the company’s exposure to the risk of ESG material in specific industries and how well the company manages the risk.
Sustainalytics divides ESG values into five categories based on company performance in managing ESG risks and business risks, which is the value of 0 to the value of 10 included in the ‘Negligible Risk’ category, the value of 10 to the value of 20 is included in the ‘Low Risk’ category, the value of 20 up to the value of 30 included in the ‘Medium Risk’ category, and the value of 30 to the value of 40 is included in the ‘High Risk’ category, and the value of 40 and above is included in the ‘Severe Risk’ category. The smaller the value obtained the better because it shows the lower risk value and the better the quality of ESG management from the company.
September 13, 2023, detikFinance
(https://finance.detik.com/energi/d-6928871/pertamina-nre-raih-peringkat-esg-rating-terbaik-ke-3-dunia)