About Sustainability Program
In line with core values and PHE Subholding Upstream ethics to preserve corporate business sustainability, PHE Subholding Upstream use their policy of sustainability as one of main company's responsibility.
This policy include initiatives which PHE Subholding Upstream did to create a better company's activity and strategy, moreover, in Environmental, Social and Governance (ESG) and a sustainable economy.
Sustainability Policy and Strategy
PHE Subholding Upstream adheres to a sustainability policy by referring to PT Pertamina (Persero)'s Sustainability Policy as a holding company. The Company's President Director estabilished a Sustainability Policy in September 2021. The Sustainability Policy serves as a guide for ensuring compliance with applicable laws and regulations while also creating long-term value for stakeholders through the development of sustainable business practices. The Sustainability Policy integrates the Company's strategies and activities into the context of Environmental, Social and Governance (ESG), especially in countributing to the Sustainable Development Goals (SDGs) and achieving Pertamina's ambition.
Our Commitment
PHE Subholding Upstream implements sustainability initiatives through an integrated approach based on three pillars: ESG. These pillars are consistent with the support for addressing challenges such as climate change, resource conservation, Occupational Health and Safety (OHS), and community development.
ESG are pillars of initiatives for companies to implement in creating total societal impact.
- Environmental
With the challenge of climate change, a company's usage of natural resources and its pollution and waste management become a matter of societal awareness.
- Social
Health and safety of employees, product liability and the assumption of responsibility within a company's environment shape its public image.
- Governance
Corporate governance such as leadership's orientation on ESG aligned company policies and corporate social responsibility are the steering mechanism of ESG implementation.