Infrastructure Sector Gains ESG Leadership Recognition
PT Pertamina Geothermal Energy Tbk (PGE) (IDX: PGEO) has again achieved recognition in the field of sustainability by winning the ESG Leadership Award 2026 as Sector Champion for the Infrastructure category at the Asia-Pacific Sustainable Business & Innovation Forum (ASBIF) 2026. The award was received by Lia Ayu Paramita, VP Strategic Planning and Sustainability at PGE, at the event themed ‘Leading Sustainability, Creating Lasting Impact’, held on 22–23 June 2026 at the ASEEC Tower, Universitas Airlangga, Surabaya.
PGE President Director Ahmad Yani stated that the award is proof of PGE’s consistency in making ESG an integral part of the company’s business and operational strategy. ‘The ESG Leadership Award is recognition of PGE’s consistency in implementing sustainability as part of the company’s business and operational strategy. For us, ESG is not just compliance, but a foundation for maintaining operational reliability, strengthening governance, creating value for society, and supporting the national energy transition. Going forward, we will continue to strengthen innovation and sustainability practices so that PGE increasingly plays a role as a world-leading geothermal producer and a geothermal centre of excellence,’ said Ahmad Yani.
The award appreciates PGE’s consistency in integrating Environmental, Social, and Governance (ESG) principles into all aspects of the company’s operations. This implementation includes strengthening governance, environmental management, implementing occupational safety aspects, and empowering communities around geothermal working areas. In the ESG Leadership Award 2026 event, PGE emerged as the best among nine candidate companies in the infrastructure sector that were included in the assessment scope. This achievement further strengthens PGE’s position as a new and renewable energy company in Indonesia committed to promoting sustainable geothermal development.
The ESG Leadership Award is a form of recognition for organisations that demonstrate leadership in promoting the implementation of ESG practices. The assessment process was carried out collaboratively by researchers and ESG experts from the CESGS Universitas Airlangga and The Hang Seng University of Hong Kong using an evidence-based methodology to ensure the evaluation was conducted independently, transparently, and credibly.
Meanwhile, PGE Finance Director Fransetya Hutabarat said that the award reflects PGE’s consistency in building a healthy business foundation by integrating sustainability, governance, and risk management aspects into the company’s strategy. ‘For PGE, ESG is not only a form of compliance with sustainability principles, but also a way for the company to maintain the quality of its growth. This award shows that operational performance, financial discipline, transparent governance, and prudent risk management can go hand in hand with commitment to society and the environment. This approach is an important basis for PGE to maintain investor confidence, strengthen competitiveness, and create sustainable long-term value,’ said Fransetya Hutabarat.
PGE’s achievement is in line with its operational performance, which continues to show positive growth. During the first quarter of 2026, PGE recorded electricity production growth of 15.22% year-on-year (yoy) to 1,370 gigawatt-hours (GWh). This increase is one of the main drivers of the company’s performance at the beginning of the year. Currently, PGE manages 15 Geothermal Working Areas with an installed capacity of 1,932 megawatts (MW), consisting of 727 MW operated and managed directly by PGE and 1,205 MW managed under a Joint Operation Contract scheme. By managing approximately 70% of the total national installed geothermal capacity, PGE plays an important role in supporting the national electricity system while accelerating the transition towards more environmentally friendly energy.