Indika Energy Tbk 2022 AR2
The report highlights Indika Energy's strong operational and financial performance in 2022, recording a record high revenue of US$4.3 billion and a net profit of US$452.7 million, driven by elevated coal prices. The company accelerated its business diversification into green sectors, notably launching the ALVA One electric two-wheeler and establishing a joint venture with Foxconn to develop electric commercial buses. On the environmental front, the company reduced its Scope 1 greenhouse gas emissions by 14% to 1,029,538 t CO2e and completed solar PV installations at key offices. Additionally, Indika Energy successfully divested its entire 69.8% stake in PT Petrosea Tbk. to reduce its coal exposure and align with its target of achieving 50% non-coal revenue by 2025.
Company: Indika Energy Tbk
Sector: Mining & quarrying
Country: Indonesia
Year: 2022
Type: AR2
Pages: 577
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Indika Energy Tbk
Annual Report
The report highlights Indika Energy's strong operational and financial performance in 2022, recording a record high revenue of US$4.3 billion and a net profit of US$452.7 million, driven by elevated coal prices. The company accelerated its business diversification into green sectors, notably launching the ALVA One electric two-wheeler and establishing a joint venture with Foxconn to develop electric commercial buses. On the environmental front, the company reduced its Scope 1 greenhouse gas emissions by 14% to 1,029,538 t CO2e and completed solar PV installations at key offices. Additionally, Indika Energy successfully divested its entire 69.8% stake in PT Petrosea Tbk. to reduce its coal exposure and align with its target of achieving 50% non-coal revenue by 2025.
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Document Details
Report Year
2022
Reporting Period
Jan 1, 2022 - Dec 31, 2022
Fiscal Year
2022
Type
Annual Report with Sustainability Disclosures
Language
English, Indonesian
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Energy Consumption
Water Consumption
Total Waste
Workplace Fatalities
Net Zero Target
Employees