PT Medco Energi Internasional Tbk 2023 AR2
The report highlights PT Medco Energi Internasional Tbk's robust operational and financial performance in 2023, marked by the acquisition of a 20% interest in Oman's Blocks 60 and 48 and the successful IPO of PT Amman Mineral Internasional Tbk. The company achieved its 2025 greenhouse gas and methane reduction targets two years ahead of schedule, reducing oil and gas Scope 1 and 2 emissions by 22% compared to the 2019 baseline. Additionally, Medco Power progressed key renewable projects, including the Ijen geothermal and East Bali solar PV projects, and secured a conditional license to import 600 MW of solar power to Singapore.
Company: PT Medco Energi Internasional Tbk
Sector: Energy
Country: Indonesia
Year: 2023
Type: AR2
Pages: 506
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PT Medco Energi Internasional Tbk
Annual Report
The report highlights PT Medco Energi Internasional Tbk's robust operational and financial performance in 2023, marked by the acquisition of a 20% interest in Oman's Blocks 60 and 48 and the successful IPO of PT Amman Mineral Internasional Tbk. The company achieved its 2025 greenhouse gas and methane reduction targets two years ahead of schedule, reducing oil and gas Scope 1 and 2 emissions by 22% compared to the 2019 baseline. Additionally, Medco Power progressed key renewable projects, including the Ijen geothermal and East Bali solar PV projects, and secured a conditional license to import 600 MW of solar power to Singapore.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women in Management
Net Zero Target
Employees