PT Bumi Resources Tbk : BUMI WINS HIGHEST ESG RATING AMONGST 56 COAL COMPANIES WORLDWIDE
June 30, 2022 at 03:22 am
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BUMI WINS HIGHEST ESG RATING AMONGST 56 COAL COMPANIES WORLDWIDE
Jakarta, 30 June 2022
PT Bumi Resources Tbk. ("BUMI" or "the Company") ranked 1st in Refinitiv ESG Rating - a prominent global financial data services provider, who provides ESG assessment and scoring from 56 coal companies worldwide in the month of June 2022. The result shows strong BUMI's ESG disclosure performance of 84 (on 100 scale). On their website, Refinitiv categorized the score higher than 75 (Fourth Quartile) as indicating excellent relative ESG performance and high degree of transparency in reporting material ESG data publicly.
Refinitiv, formerly known as Thomson Reuters, is a London Stock Exchange Group (LSEG) business, and one of the world's largest providers of financial markets data and infrastructure. It has $6.25 billion in revenue, over 40,000 customers and 400,000 end users across 190 countries. Refinitiv headquartered in London, UK.
ESG scores from Refinitiv are designed to transparently and objectively measure a company's relative ESG performance, commitment and effectiveness across 10 main themes (emissions, environmental product innovation, human rights, shareholders, etc.) based on publicly reported data. The Refinitiv ESG score measures the company's ESG performance based on verifiable reported data in the public domain. It captures and calculates over 630 company-level ESG measures, of which a subset of 186 of the most comparable and material per industry power the overall company assessment and scoring process. Refinitiv grouped into 10 categories that form the three pillar scores and the final ESG score, which is a reflection of the company's ESG performance.
President Director of BUMI, Adika Nuraga Bakrie said, "To achieve its vision, BUMI has publicly committed to operate the business in the most sustainable manner. BUMI has also developed sustainability report since 2016 until now, which published the successful ESG practices of BUMI in various aspects of sustainability, such as economic performance, employment practices, compliance, environment and community and human rights. He added that the company is very proud of its rating achievement in Refinitiv, as reputable providers of financial markets data and infrastructure, to measure the positioning of BUMI`s ESG performances among peers and to continuously communicate its ESG achievements.
For further information, please contact:
Dileep Srivastava
Director & Corporate Secretary
PT Bumi Resources Tbk.
Tel
(62-21) 5794 2080
Fax
(62-21) 5794 2070
email
dileep@bumiresources.com
www.bumiresources.com
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PT Bumi Resources Tbk published this content on 30 June 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 30 June 2022 07:21:03 UTC.
PT Bumi Resources Tbk is an Indonesia-based holding company. The Company is engaged in mining activities. Its business activities focus on two main business lines, namely coal and minerals. It classifies its products and services into five core business segments: holding company, coal, services, oil and gas, and gold. The coal mining activities comprise exploration and exploitation of coal deposits (including mining and selling coal). It owns coal reserves and coal resources in Indonesia. The Company has widespread operational areas ranging from North Sumatra (Dairi Prima Mineral), South Sumatra (Pendopo Energi Batubara), Sulawesi (Gorontalo Minerals and Citra Palu Minerals), East Kalimantan (Kaltim Prima Coal), South Kalimantan (Arutmin Indonesia), and the Republic of Yemen (Gallo Oil). The Company operates coal mines along with its subsidiaries, including PT Kaltim Prima Coal, PT Arutmin Indonesia, and PT Pendopo Energi Batubara.