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Sustainability Report: Investing in the Future.

The United Nations Sustainable Development Goals (UN SDGs), also known as the Global Agenda 2030, sets the blueprint to achieve a more sustainable future for all in addressing global challenges faced by the world today: poverty, health, education, environment, gender equality, climate change, human rights, peace and social justice. The 17 goals and 169 targets was ratified by 193 member countries of the UN and civil society organizations in 2015. Indonesia is among those countries who has taken on the challenge head on and embark on a quest to contribute to the achievement of the SDGs in its national development agenda. As a national private energy company, MedcoEnergi is committed to economic growth and development that would support the Government of Indonesia’s effort in achieving the SDGs.

MedcoEnergi has taken concrete actions to review and revamp our sustainability policies and practices throughout our entire organization. In 2017, we engaged BSR (Business for Social Responsibility) to conduct a sustainability materiality assessment in identifying MedcoEnergi’s strengths, the area of improvements, and the priority issues of most relevance to MedcoEnergi and its various stakeholders. This assessment resulted in the formation of our sustainability policy that become the foundations to the road map towards sustainability that is relevant to MedcoEnergi’s investment aligned with the SDGs. MedcoEnergi Sustainability Policy are based upon three pillars:

  • Leadership of and by Our Employees,
  • Environmental and Social Development, and
  • Sustainable Livelihoods and Community Development.

With our sustainability policy in place we initiated our sustainability reporting this 2018 working together with BSR and also engaged Ernst and Young who conducted the Independent Limited Assurance review.  The report presents an overview and highlights of MedcoEnergi’s sustainability efforts between 2014-2017 and also some case studies in 2018 around our sustainability commitments and objectives moving forward, as we continue to invest in the future.

Click here for MedcoEnergi Sustainability Report