PT Wintermar Offshore Marine Tbk 2019 AR2
The report highlights PT Wintermar Offshore Marine Tbk's performance and sustainability initiatives during its 50th year of operations in 2019. Despite facing a challenging global oil and gas market, the company successfully reduced its net loss by 48% and lowered its average fleet age to 9.6 years. Wintermar became the first Indonesian company to sign the Brunei Energy Industry Integrity Pact, reflecting its strong commitment to anti-corruption and business ethics. Additionally, the company launched its first standalone Sustainability Report, prepared in accordance with GRI standards, and reduced its paper usage by 48% through digital transformation.
Company: PT Wintermar Offshore Marine Tbk
Sector: Energy
Country: Indonesia
Year: 2019
Type: AR2
Pages: 100
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PT Wintermar Offshore Marine Tbk
Annual Report
The report highlights PT Wintermar Offshore Marine Tbk's performance and sustainability initiatives during its 50th year of operations in 2019. Despite facing a challenging global oil and gas market, the company successfully reduced its net loss by 48% and lowered its average fleet age to 9.6 years. Wintermar became the first Indonesian company to sign the Brunei Energy Industry Integrity Pact, reflecting its strong commitment to anti-corruption and business ethics. Additionally, the company launched its first standalone Sustainability Report, prepared in accordance with GRI standards, and reduced its paper usage by 48% through digital transformation.
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Document Details
Report Year
2019
Reporting Period
Jan 1, 2019 - Dec 31, 2019
Fiscal Year
2019
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
Workplace Fatalities
Employees