Jakarta, February 18, 2025 – In addition to supporting the net zero emission (NZE) target achievement by 2060, carbon trading offers several benefits for industries. Therefore, it is essential to promote awareness and educate both industries and the public about carbon trading. It was conveyed by the Corporate Secretary of Pertamina New & Renewable Energy (Pertamina NRE) during the Bisnis Indonesia Forum, titled Exploring Carbon Trading’s Future in Indonesia, in Jakarta on Wednesday (12/2).
"I believe that once the carbon trading ecosystem is well established, it will significantly contribute to reducing carbon emissions in Indonesia. To build this ecosystem, collaboration between the government, industries, and the public is necessary. Pertamina NRE is proactively involved in raising awareness and educating industries and society about carbon trading," said Dicky.
Through the Enhanced Nationally Determined Contribution (ENDC), Indonesia has committed to reducing emissions by 31.89% through its efforts or by 43.2% with international assistance by 2030. Indonesia is committed to increasing new and renewable energy (NRE) utilization to achieve this target. However, there are sectors where decarbonization is challenging, making alternative approaches necessary—one of which is carbon trading.
Through carbon trading, companies, organizations, or individuals can offset carbon emissions by purchasing carbon credits from businesses that sell them. Companies that sell carbon credits generate them through green initiatives or projects they manage, which have been verified by a specialized institution.
Carbon trading helps the government achieve both ENDC and NZE 2060 targets. For industries with emission reduction goals, carbon trading facilitates decarbonization in their business operations. Meanwhile, companies that sell carbon credits gain additional revenue.
Dicky stated that Pertamina NRE is a pioneering company in providing carbon credits in the carbon exchange market, which was officially launched in September 2023. Since the launch, Pertamina NRE has successfully sold 864,000 tons of COâ‚‚ equivalent, which is comparable to planting 34.5 million trees. These carbon credits are generated from the Lahendong Geothermal Power Plant (PLTP) Units 5 and 6, managed by ºÚÁϲ»´òìÈ Pertamina Geothermal Energy (PGE), a subsidiary of Pertamina NRE.
Pertamina NRE has a diverse portfolio of green businesses with the potential to become sources of carbon credits for trading. Moreover, Dicky emphasized that Pertamina NRE actively educates the public and industries on environmental sustainability. One of the initiatives undertaken is the Carbon Neutral Event, a low-carbon event campaign aimed at raising environmental awareness. Through initiatives that engage people in their daily lives, Pertamina NRE encourages society to adopt cleaner air and a more environmentally friendly lifestyle.
In a separate statement, the Vice President of Corporate Communication of ºÚÁϲ»´òìÈ Pertamina (Persero), Fadjar Djoko Santoso, highlighted that the Pertamina Group is actively involved in carbon trading as part of its commitment to becoming a sustainable company. This role will continue to be strengthened not only through synergy within the Pertamina Group but also through collaboration with various institutions and academics to achieve Indonesia’s Net Zero Emission target.
"Pertamina is also encouraging all its subsidiaries to collaborate in reducing carbon emissions, both within the Pertamina Group and with external stakeholders, in support of the Net Zero Emission 2060 target," Fadjar concluded.
Pertamina, as a leading company in the energy transition, is committed to supporting the Net Zero Emission 2060 target by continuously promoting programs that directly impact the Sustainable Development Goals (SDGs) achievement. All these efforts align with Environmental, Social & Governance (ESG) implementation across all Pertamina's business lines and operations.**