Bumi Resources Earns USD 4.8 Billion Revenue and Achieves ESG Award in 2023

PT Bumi Resources Tbk. (BUMI), as the largest coal producer in Indonesia, recorded a total consolidated revenue of USD 4.8 billion until September 2023.

The achievement comes with and is supported by several awards achieved by BUMI in ESG (Environment, Social, and Governance) over the past year.

BUMI’s prestigious awards include Champion for Coal Mining Large in the ASEAN Energy Awards 2023 through its subsidiary PT Kaltim Prima Coal (KPC). The award was presented by Cambodia’s Deputy Minister of Mines and Energy, Victor Jona.

KPC displayed the Good Mining Practice to Contribute Environmental, Social, and Governance Commitments for Sustainability application at the event. This application shows that KPC’s operations are in line with the three pillars of ASEAN energy, which are sustainability, security, and interconnectivity.

Coal Champion for ESG & Sustainability Business Principles-TrenAsia 2023 was the next award received by BUMI. This award is given to companies committed to implementing environmental, social, and governance (ESG – Environment, Social, & Governance) business principles.

BUMI President Director Adika Nuraga Bakrie said Indonesians have become increasingly aware of the importance of ESG.

Therefore, the company is currently not only pursuing large profits, but also important to think about how these profits contribute positively to the environment and society.

“Indonesians are increasingly aware of the importance of ESG. BUMI is not just chasing big profits, but it is equally crucial to consider how these profits can provide positive contributions to the environment and society,” he said in his statement on Friday (2/2/2024).

BUMI received two more awards in the TOP GRC Awards 2023, which are the 4-star TOP GRC Awards 2023 for BUMI as a corporation and The Most Committed GRC Leader 2023 for Adika Nuraga Bakrie as BUMI’s President Director.

This award is an appreciation for companies that excel in implementing governance, risk management, and compliance (GRC/Governance, Risk and Compliance).

“The positive performances achieved by BUMI are a joint commitment of the business unit in supporting the government program to succeed in the SDGs activities. It is not just a commitment, but a core competence of the company and goes beyond compliance to perform best practices and contribute to creating community independence that will contribute to the realization of SDGs and ESG),” Adika explained.

Image source: Tribunnews / HO

Source: https://www.tribunnews.com/bisnis/2024/02/02/bumi-resources-raup-pendapatan-48-miliar-dolar-as-dan-raih-penghargaan-bidang-esg-di-2023