PT TBS Energi Utama Tbk Information

PT TBS Energi Utama Tbk ("TBS") is a leading integrated energy company that is focused on providing sustainable energy for Indonesia. Having built strength over the past decade, we have demonstrated the ability to successfully execute business transformative strategies. We began our journey as a coal producer and successfully went downstream into power generation. Mindful of the world’s generational challenges, we have now begun executing another transformative strategy, which is to become a green energy company. As part of our sustainability commitments, TBS committed to use its earnings into green investment opportunities while gradually reducing exposure to fossil fuel related business. TBS’s commitment to transform our business has been demonstrated by the aggressive transformative pivot we have made through 2021 to become a net zero emission business by 2030. The confidence we have in our pivot is matched by our commitment in maintaining disciplined capital management and rigorous asset allocation management. TBS’s process excellence and ability to successfully execute landmark projects have made it a partner to world-class organizations who wish to join us in our mission of creating sustainable energy for the Nation.