Standardization of Sustainable Business Urged

KOMPAS/RADITYA HELABUMI

SVP Strategy & Investment of PT Pertamina (Persero) Daniel S Purba, Chairman of the Expert Team of the Indonesian Ministry of Trade Bayu Krisnamurthi, Communications Director of Danone Indonesia Arif Mujahidin, EVP Electricity System Planning of PLN Edwin Nugraha Putra and Managing Director of Asian Agri Kelvin Tio (left to right) attended as a resource person at CEO Live Series 3 in Jakarta, Monday (15/11/2021).

JAKARTA, KOMPAS — The government is encouraging each industrial sector to develop standards on sustainable business operations. This is necessary because each industrial sector has distinctive characteristics and challenges in devising an economic system that emphasizes the aspects of social inclusion and environmental conservation.

This was the topic of CEO Live Series #3: Sustainability Action, a discussion Kompas held on Monday (15/11/2021) at Patio Venue & Dining in Jakarta as part of the Kompas100 CEO Forum powered by East Ventures.

Attending the discussion were chairman Bayu Krishnamurti of the Expert Team to the Trade Minister, PT Pertamina (Persero) Senior Vice President for Strategy & Investment Daniel S. Purba, PT Perusahaan Listrik Negara (Persero) Executive Vice President for Electricity System Planning Edwin Nugraha Putra, PT Danone Indonesia Communication Director Arif Mujahidin, and Asian Agri Sustainability & Stakeholder Relations Director Bernard A. Riedo.

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Bayu Krishnamurti said the expectation for each sector to voluntarily develop its industry standards should remain guided by the National Action Plan for Sustainable Development Goals (RAN-TPB/SDGs) 2021-2024.

“The national action plan has been signed by the President. Business players need to refer to the national action plan in formulating their respective standards,” he added.

To achieve sustainable development, harmony must exist between economic growth, social inclusion and environmental protection.

In general, the Sustainable Development Goals (SDGs) call for joint efforts to build an inclusive, sustainable and united future for people and the environment. To achieve sustainable development, harmony must exist between economic growth, social inclusion and environmental protection.

With regard to sustainable business, Daniel S. Purba said that Pertamina was committed to contributing to the reduction of carbon dioxide emissions to 81.4 million tons by 2060 through energy transition, implemented in phases and carefully.

“The energy transition from fossil energy to new and renewable energy will continue, but it must be in line with the principles of energy resilience, accessibility and affordability,” he said.

KOMPAS/RADITYA HELABUMI

The Kompas 100 CEO Forum presented the CEO Live Series 3 with speakers (two from left to right) Chairman of the Indonesian Ministry of Trade Expert Team Bayu Krisnamurthi, SVP Strategy & Investment PT Pertamina (Persero) Daniel S Purba, Danone Indonesia Communications Director Arif Mujahidin, EVP Electricity PLN System Planning Edwin Nugraha Putra and Asian Agri Managing Director Kelvin Tio guided by Kompas journalist Aris Prasetyo (left) in Jakarta, Monday (15/11/2021).

Daniel added that the present share of renewable energy was only around 1 percent of Pertamina’s business portfolio. However, by 2030, the company projected the renewable energy share would reach 17 percent of its portfolio.

In realizint of its commitment, Pertamina had drawn up a Green Energy Transition Program in its Long-Term Corporate Plan (RJPP) in line with the National Grand Energy Strategy.

Edwin Nugraha Putra said that state electricity company PLN would raise its funding allocation to accelerate capacity building of renewable power plants.

Over the long term, PLN will continue to innovate in realizing decarbonization towards achieving its carbon neutrality target in 2060.

“Fossil fuel power plants emissions will be reduced in phases in line with technological developments. Finally in 2060, we will fulfill all electricity demand with renewable energy,” he said.

PLN was currently replacing its diesel power plants with solar power plants (PLTS) in phases in an attempt to reach its targeted renewable new and energy mix of 23 percent by 2025.

Meanwhile, Arif Mujahidin said Danone’s efforts to promote a sustainable economy included setting 2050 as the carbon neutrality target for all its supply chains while increasing its use of electricity generated from renewable energy in phases.

According to Arif, Danone’s sustainable business practice ensured that all aspects of its business, from supply chains to operations, offered positive impacts and added value to the public, the environment, customers and employees.

KOMPAS/RADITYA HELABUMI

The Kompas 100 CEO Forum presented the CEO Live Series 3 with speakers from the Expert Team of the Indonesian Ministry of Trade Bayu Krisnamurthi, SVP Strategy & Investment PT Pertamina (Persero) Daniel S Purba, Danone Indonesia Communications Director Arif Mujahidin, EVP Electricity System Planning PLN Edwin Nugraha Putra and Managing Director of Asian Agri Kelvin Tio in Jakarta, Monday (15/11/2021).

Meanwhile, Bernard A. Riedo said Asian Agri had undertaken efforts to support a sustainable economy by continuously encouraging a partnership between the company and farmers.

“Asian Agri’s partnership with farmers’ groups already began from the early 1980s until today’s second-generation partnership. It is our hope that this partnership can be handed down to upcoming generations,” he added. (DIM)

(This article was translated by Aris Prawira)