JAKARTA, November 13, 2022 — (ACN Newswire) — Pertamina is making efforts to decarbonize its business and develop green businesses to support global climate action and achieve Indonesia’s 2060 net-zero emissions target.
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| (ANTARA News Sumsel/Nova Wahyudi/dol) |
“We have two options for dealing with climate change: First, we must decarbonize our carbon assets and our business,” said Daniel S. Purba, Pertamina’s senior vice president of strategy and investment.
He made the statement during a discussion at the Indonesia pavilion on the sidelines of COP27 in Sharm el-Sheikh, Egypt on Friday (November 11, 2022).
In order to decarbonize its business, Pertamina has begun to transform its business portfolio by promoting low-carbon, new and renewable energy in its existing stores and operations, Purba said.
“Since it is still economically expensive to introduce the use of renewable energies, the market is not really ready for it. However, for Pertamina we started with our own companies. We can’t wait for the market to be ready immediately, but we’ve started our own operations,” he said.
The company’s second action to mitigate climate change includes the development of new green energy-related businesses with a range of targets for biofuels; Hydrogen; carbon capture, utilization and storage; renewable energy; batteries and electric vehicles; and also the carbon business.
Thus, the company’s revenues will continue to flow, even though the CO2 emissions…
