Amman Mineral Commitment To Implement ESG To Realize Energy Transition

ESG (Photo; Unsplash)

JAKARTA - PT Amman Mineral Internasional Tbk (AMMAN) continues to be committed to implementing the principles of Environment, Social, and Governance (ESG) to realize the energy transition in Indonesia.

The copper and gold mining company released a sustainability report describing the four pillars of the ESG, namely advancing human resources (HR), upholding ethics, preserving the environment, and managing resources.

"The first report that we released is proof of our commitment to integrating the principles of sustainability and transparency in our operational business. The copper products that AMMAN produces are key commodities that are needed by the world for the transition to green energy," said VP Corporate Communications and Investor Relations AMMAN Kartika Octaviana in a written statement in Jakarta, Friday.

In his report, AMMAN explained that various investments have been made to mitigate environmental impacts. In 2022, AMMAN invested more than 35 million US dollars in environmental management, an increase of 53 percent compared to the previous year.

Since June 2022, issuers who have just been listed on the stock exchange have also started operating the largest solar power plant in Indonesia for mining operations, with a peak capacity of 26.8 megawatts.

According to Trisakti University public policy observer Trubus Rahadiansyah, companies today must always apply the ESG principle in every operation. The government, the private sector, and even the Indonesian people are considered to be quick to adapt to the implementation of ESG.

"The awareness of the implementation of ESG by companies in Indonesia is not only an effort to meet market demands, but also reflects awareness of the importance of maintaining a balance between economic goals, the environment, and social welfare," Trubus said.

The positive projection and widespread adoption of ESG principles are able to provide a strong picture of the company's commitment to sustainable growth and increasing corporate social responsibility.

The implementation of ESG can be done by companies from various sectors, including mining which is often in the spotlight because it is extractive. However, the green mining movement has also begun to be carried out and echoed.

In the era of energy transition, the aspects of Environment, Social, and Governance (ESG) have become a hot topic to see the adaptation efforts of a company aligned with its business operations.

In fact, according to PricewaterhouseCoopers (PwC) through the 2022 Global Investor Survey, currently ESG is one of the important considerations for investors in analyzing the risks of the sustainability of a company, especially when faced with Sustainable Development Goals (SDGs) issues and climate change.