Limited assurance of energy and emissions across all subsidiaries


Limited assurance of energy and emissions across all subsidiaries

Carbon Offset for AMES’s Scope 2 via Indonesia Carbon Exchange

Water reduction in power plants

Water reduction in palm oil sector

Energy Efficiency in coal mining operations

Of 2024 target achieved in TMU & IM sites

Water Efficiency improvement in palm oil sector

Emission reductions in coal mining

Emission reductions in palm oil

Waste recycled in palm oil plantation — self-powered with biomass

Allocated to Corporate Social Responsibility programs

hours per employee on average

Successfully implemented 101 CSR programs

Achieve 42% representation of women in leadership roles
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Across coal mining, power plant, palm oil, and waste management operations
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PT Perkebunan Kaltim Utama (PKU) received ISPO certification

Signed agreement to acquire 100% of Sembcorp Environment in Singapore

Climate Risk Assessment Completed in October 2024 to guide ESG strategy

Began divestment process of ~200 MW coal-fired power plants

Secured in Indonesia’s first blended finance deal with ADB, DBS & ACFP

Expanded to 269 battery swap stations

4,161 electric motorbikes on the road
This year’s theme, “Advancing Tomorrow’s Transition,” reflects our deep commitment to building a resilient and sustainable future. At TBS, we see the energy transition as not only an environmental imperative, but also a strategic opportunity to create long-term positive impact for our stakeholders.
We continue to transform our business by divesting from coal and investing in future-forward sectors such as renewable energy, electric mobility, and integrated waste management. Guided by the TBS2030 roadmap, our actions are driven by data, guided by stakeholder insights, and grounded in a just and inclusive approach to climate resilience.
Our 2024 Sustainability Report highlights key progress across three strategic pillars: being a trusted partner, building a thriving environment, and empowering people. These pillars are supported by material topics identified through robust stakeholder engagement and double materiality assessment.

Bacelius Ruru
Komisaris Utama/Komisaris Independen
President Commissioner/Independent Commissioner

Dicky Yordan
Direktur Utama
President Director



