PT Medco Energi Internasional Tbk 2022 AR2
The report highlights PT Medco Energi Internasional Tbk's record operational and financial performance in 2022, driven by the successful acquisition and integration of the Corridor assets. The company achieved its highest-ever EBITDA of US$1,593 million and net income of US$531 million, while maintaining world-class safety performance with zero lost-time incidents. MedcoEnergi also advanced its ESG agenda, receiving rating upgrades from MSCI to 'A' and Sustainalytics to 36.7, alongside an improved CDP score of 'B'. Additionally, the company expanded its clean energy footprint, placing new gas and solar PV facilities into service and committing to net-zero targets for 2050 and 2060.
Company: PT Medco Energi Internasional Tbk
Sector: Energy
Country: Indonesia
Year: 2022
Type: AR2
Pages: 533
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PT Medco Energi Internasional Tbk
Annual Report
The report highlights PT Medco Energi Internasional Tbk's record operational and financial performance in 2022, driven by the successful acquisition and integration of the Corridor assets. The company achieved its highest-ever EBITDA of US$1,593 million and net income of US$531 million, while maintaining world-class safety performance with zero lost-time incidents. MedcoEnergi also advanced its ESG agenda, receiving rating upgrades from MSCI to 'A' and Sustainalytics to 36.7, alongside an improved CDP score of 'B'. Additionally, the company expanded its clean energy footprint, placing new gas and solar PV facilities into service and committing to net-zero targets for 2050 and 2060.
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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
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Net Zero Target
Employees