Pertamina Represents Indonesia on the Global Fortune List 500

PT Pertamina (Persero) again strengthened itself as the only Indonesian company as well as the only SOE that was included in the list of Fortune Global 500 in 2023. This year Pertamina is ranked 141 rising 82 ranking in 2022 which is in the 223th position. Pertamina It even succeeded in jumping 146 ranking compared to 2021 which came in 287. This ranking increase was in line with Pertamina’s success in posing the highest net profit throughout the company. Pertamina posted a net profit of US $ 3.81 billion or IDR 56.6 trillion, up 86% compared to 2021 of US $ 2.05 billion or IDR 29.3 trillion. Pertamina’s revenue also skyrocketed reaching US $ 84.89 billion or around IDR 1,262 trillion up to 48% compared to the previous year of US $ 57.5 billion.
Pertamina President Director Nicke Widyawati said that what the company achieved was the fruit of the sturdy foundation of the company after the restructuring of the formation of holding subholding. So that all business lines contribute to the Company. Pertamina also increasingly established itself as a world-class energy company.
“Pertamina continues to strengthen its determination to pursue the aspirations of shareholders to become world-class energy companies. This achievement is in line with the target of the company after transformation of business and organizations,” Nicke said in a written statement, Wednesday (9/8/2023).
Nicke added that the company’s positive performance could not be separated from the support of all stakeholders including the government that supported Pertamina to become a world-class company.
“Thank you also to all Pertamina officers who work hard in increasing the competitiveness of the company to be able to take part in better on the international arena,” Nicke added.
Not only firmly perched in the global ranking in the Fortune 500, Pertamina also won the number 2 position globally in the Integrated Oil & Gas Sub-Industry by Sustainalytics with ESG scores of 22.1 in October 2022, which increased from the previous score of 28,1.
Pertamina as a leader company in the field of energy transition, is committed to supporting the Net Zero Emission 2060 target by continuing to encourage programs that have a direct impact on the achievements of Sustainable Development Goals (SDG’s). All of these efforts are in line with the application of Environmental, Social & Governance (ESG) throughout Pertamina’s business line and operations.

August 9, 2023, detikFinance