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2023 laporan tahunan
ELEVATE
Annual report
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Pada tahun 2023, PT Pertamina In 2023, PT Pertamina Geothermal Energy
Geothermal Energy Tbk (PGE) mencatat Tbk (PGE) achieved various milestones that
berbagai pencapaian yang membuat elevated the company to a higher level as
Perseroan naik kelas sebagai korporasi a more quality-oriented and responsible
yang lebih berkualitas dan bertanggung corporation. Among these achievements
jawab, dengan mencatat sejarah menjadi are making history by becoming a publicly
perusahaan terbuka, menerbitkan green traded company, issuing green bonds, and
bond, hingga menjadi penyedia karbon becoming the first provider of carbon credits
kredit pertama di Bursa Karbon Indonesia. on the Indonesian Carbon Exchange.
Kami juga mendapatkan penilaian dan We also received external assessments
apresiasi eksternal yang membuktikan and appreciation demonstrating the
pengelolaan risiko ESG Perseroan yang company’s good ESG (Environmental,
baik, seperti peringkat Negligible Risk Social, and Governance) risk management,
dari Sustainalytics, serta PROPER Emas 13 such as a rating of Negligible Risk from
tahun berturut-turut untuk Area Kamojang. Sustainalytics, and PROPER Gold for 13
Seluruh pencapaian tersebut menjadi bukti consecutive years for the Kamojang Area.
bahwa strategi Perseroan telah sejalan All of these achievements serve as evidence
dengan visi PGE untuk menjadi perusahaan that the company’s strategy aligns with
energi hijau berkelas dunia. PGE’s vision to become a world-class green
energy company.
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sangkalan dan batasan tanggung jawab
disclaimer and limits of responsibility
Laporan Tahunan 2023 PT Pertamina Geothermal Energy Tbk The 2023 Annual Report of PT Pertamina Geothermal Energy Tbk,
disingkat PGE, berisi data dan informasi material bagi pemegang abbreviated as PGE, contains material data and information for
saham dan pemangku kepentingan. Laporan Tahunan ini saling shareholders and stakeholders. This Annual Report complements
melengkapi dengan Laporan Keberlanjutan 2023 PGE yang the 2023 Sustainability Report of PGE made available in a
tersedia dalam buku terpisah. separate publication.
Dalam Laporan Tahunan ini kata “PGE“, “Perusahaan”, In this Annual Report the terms “PGE”, “Company”,
“Perseroan”, diasosiasikan kepada PT Pertamina Geothermal “Corporation”, are associated with PT Pertamina Geothermal
Energy Tbk. Penulisan “Karyawan PGE”, “Pegawai PGE”, dan Energy bk. he terms PGE s anpo er , PGE s Officers ,
“Perwira” dalam Laporan Tahunan ini diasosiasikan kepada and “Employees” in this Annual Report are associated with PT
Pekerja PGE. PGE's Employees.
Laporan Tahunan ini berisi pernyataan-pernyataan, data dan This Annual Report contains statements, data, and information that
informasi yang dapat dianggap sebagai pandangan masa can be considered as future outlook in the forms of projections,
depan berupa proyeksi, asumsi, dan ekspektasi. Meski disusun assumptions, and expectations. Even though it is prepared
melalui pertimbangan yang matang berdasarkan pengalaman through careful considerations based on current experiences,
selama ini, namun PGE tidak bisa menjamin bahwa data dan PGE cannot guarantee that the data and information on the future
informasi mengenai pandangan ke depan yang dinyatakan outlook stated in this Annual Report can be fully materialized
dalam Laporan Tahunan ini dapat sepenuhnya terealisasi due to uncertainty and risk factors that can affect the Company’s
dikarenakan faktor ketidakpastian dan risiko yang dapat performances, such as changes in economic and political
mempengaruhi kinerja Perseroan seperti perubahan kondisi situations, both national and global, changes in foreign exchange
ekonomi dan politik baik nasional maupun global, perubahan rates, changes in prices, market demand and supply, changes in
nilai tukar valuta asing, perubahan harga, permintaan dan Company’s competition, changes in regulations and accounting
penawaran pasar, perubahan kompetisi Perseroan, perubahan principles, as well as changes in other policies and guidelines.
regulasi dan prinsip-prinsip akuntansi, serta perubahan kebijakan
dan pedoman lainnya.
Notasi angka pada grafik dan tabel dalam aporan ahunan ini Numerical notations in graphs and tables in this Annual
menggunakan kaidah penulisan Bahasa Indonesia. Sementara Report apply writing conventions in the Indonesian language.
pemaparan notasi angka pada narasi menyesuaikan konteks Meanwhile, the numerical notations presented in the narrative
Bahasa Indonesia dan Bahasa Inggris. adapt to the context of the Indonesian and English language.
Untuk informasi lebih lanjut dapat menghubungi: For further information please contact:
PT Pertamina Geothermal Energy Tbk PT Pertamina Geothermal Energy Tbk
Grha Pertamina - Tower Pertamax Lt. 7, Grha Pertamina - Pertamax Tower Fl. 7,
Jl. Medan Merdeka Timur No. 11-13 Gambir, Jakarta Pusat Jl. Medan Merdeka Timur No. 11-13 Gambir, Jakarta Pusat
10110 10110
Telepon : (021) 3983 3222 Telephone : (021) 3983 3222
Email : commpge@Pertamina.com Email : commpge@Pertamina.com
Salinan digital Laporan Tahunan PT Pertamina Geothermal A digital copy of the 2023 Annual Report of PT Pertamina
Energy Tbk 2023 dapat diunduh di Situs Web Perseroan di Geothermal Energy Tbk can be downloaded on the Company’s
https://www.pge.pertamina.com/id/laporan Website at https://www.pge.pertamina.com/id/laporan
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KESINAMBUNGAN
Theme Continuity
TEMA
2023
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Pada tahun 2023, PT Pertamina Geothermal Energy Tbk (PGE)
mencatat berbagai pencapaian yang membuat Perseroan naik kelas
sebagai korporasi yang lebih berkualitas dan bertanggung jawab,
dengan mencatat sejarah menjadi perusahaan terbuka, menerbitkan
green bond, hingga menjadi penyedia karbon kredit pertama di Bursa
Karbon Indonesia.
Kami juga mendapatkan penilaian dan apresiasi eksternal yang
membuktikan pengelolaan risiko ESG Perseroan yang baik, seperti
peringkat Negligible Risk dari Sustainalytics, serta PROPER Emas 13
tahun berturut-turut untuk Area Kamojang. Seluruh pencapaian tersebut
menjadi bukti bahwa strategi Perseroan telah sejalan dengan visi PGE
untuk menjadi perusahaan energi hijau berkelas dunia.
In 2023, PT Pertamina Geothermal Energy Tbk (PGE) achieved various
milestones that elevated the company to a higher level as a more quality-
oriented and responsible corporation. Among these achievements
are making history by becoming a publicly traded company, issuing
green bonds, and becoming the first provider of carbon credits on the
Indonesian Carbon Exchange.
We also received external assessments and appreciation demonstrating
the company’s good ESG (Environmental, Social, and Governance) risk
management, such as a rating of Negligible Risk from Sustainalytics,
and PROPER Gold for 13 consecutive years for the Kamojang Area. All
of these achievements serve as evidence that the company s strategy
aligns with PGE’s vision to become a world-class green energy company.
2022
energizing resilient
green future
Sebagai perusahaan yang mengelola panas bumi terbesar di
Indonesia, PT Pertamina Geothermal Energy Tbk (PGE) bertekad
menjadi perusahaan energi bersih kelas dunia pada tahun 2030.
PGE telah menyiapkan berbagai strategi dan inovasi serta
menghadirkan ketangguhan energi bersih masa depan untuk
mewujudkan komitmen tersebut.
As the largest geothermal management company in Indonesia, PT
Pertamina Geothermal Energy Tbk (PGE) aims to become a world-
class clean energy company by 2030. PGE has prepared various
strategies and innovations as well as presented the resilience of
future clean energy to realize this commitment.
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energizing green future
Memberikan energi untuk masa depan yang lebih hijau adalah
perjuangan tanpa henti. Sebagai pengelola panas bumi terbesar
di Indonesia, PGE berkomitmen untuk terus mendukung pemerintah
dan pelaku usaha dalam perjalanan mengurangi emisi karbon yang
dihasilkan dari produksi energi.
Kami akan melanjutan upaya pemanfaatan panas bumi di dalam
negeri, yang telah dimulai sejak tahun 1974. Hingga saat ini
PGE telah berkontribusi kepada 82% kapasitas energi panas bumi
terpasang di Indonesia.
Providing energy for a greener future is an ongoing struggle. As
the largest geothermal operator in Indonesia, PGE is committed to
continuously supporting the government and businesses in the journey
to reduce carbon emissions generated from energy production.
We will continue our efforts to utilize geothermal energy domestically,
which began in 1974. To date, PGE has contributed to 82% of the
installed geothermal energy capacity in Indonesia.
Kesinambungan tema
2020
committed efforts
towards energy security
Sepanjang tahun 2020, PT Pertamina Geothermal Energy Tbk (PGE) terus
melanjutkan upaya pengembangan energi panas bumi nasional. Perseroan
fokus menjaga kinerja operasional pembangkitan dan penyaluran listrik yang
dilaksanakan di seluruh area panas bumi yang dioperasikan melalui sinergi
dan kolaborasi di internal perusahaan. Di penghujung tahun 2020, Perseroan
juga membangun sinergi melalui joint study bersama dengan pengembang
panas bumi lainnya dalam upaya peningkatan kapasitas produksi listrik karena
masih besarnya kapasitas yang ada. Kegiatan tersebut merupakan bagian
dari upaya Perseroan untuk terus berperan dan memposisikan diri sebagai
perusahaan flag carrier dalam pengusahaan dan pemanfaatan Renewable
Energy yang bertujuan untuk membangun kemandirian dan ketahanan energi
nasional.
Throughout 2020, PT Pertamina Geothermal Energy Tbk (PGE) maintained
its efforts to develop national geothermal energy. The Company focused
on maintaining the operational performance of electricity generation
and distribution carried out in all geothermal areas through synergy and
collaboration within the Company. At the end of 2020, the Company also
developed synergy through joint studies with other geothermal developers
in an effort to increase electricity production capacity because the existing
capacity is still large. The activity was part of the Company’s efforts to
continue to play a role and position itself as a ag carrier company in the
exploitation and utilization of Renewable Energy which aims to build national
energy independence and resilience.
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DAFTAR ISI
Table of Content
I. PENDAHULUAN 168 STRUKTUR GRUP PERSEROAN
Preface Corporate Group Structure
3 PENJELASAN TEMA 169 ENTITAS ANAK, ENTITAS ASOSIASI, DAN PERUSAHAAN
Annual Report Theme VENTURA
Subsidiaries, Associates, And Joint Ventures
5 SANGKALAN DAN BATASAN TANGGUNG JAWAB
Disclaimer and Limits of Responsibility 174 ALAMAT KANTOR AREA, ENTITAS ANAK, DAN ENTITAS
ASOSIASI
6 KESINAMBUNGAN TEMA Address of Area Office, Subsidiaries, and Associates
Theme Continuity
175 NAMA DAN ALAMAT LEMBAGA DAN/ATAU PROFESI
10 PENCAPAIAN PENTING 2023 PENUNJANG PASAR MODAL
2023 Achievement Name and Address of Capital Market Supporting Institutions and/
II. IKHTISAR KINERJA or Professions
Performance Summary 179 KEANGGOTAAN ASOSIASI
16 IKHTISAR KEUANGAN Association Membership
Financial Highlights 180 INFORMASI PADA SITUS WEB PERSEROAN
19 IKHTISAR OPERASIONAL Information on Company’s Website
Operational Highlights V. ANALISA DAN PEMBAHASAN MANAJEMEN
Management Discussion and Analysis
20 IKHTISAR SAHAM
Shares Highlights 184 TINJAUAN EKONOMI DAN INDUSTRI
Economic And Industrial Review
22 IKHTISAR OBLIGASI
Bond Highlights 187 TARGET DAN STRATEGI PERSEROAN
Company’s Target and Strategy
23 PENGHARGAAN
Awards 191 SKEMA PEMANFAATAN PANAS BUMI
Geothermal Utilization Scheme
30 SERTIFIKASI
Certifications 196 TINJAUAN OPERASI PER SEGMEN USAHA
Operational Review By Business Segment
31 PERISTIWA PENTING 2023
Significant Events in 2023 201 KEGIATAN EKSPLORASI DAN PENGEMBANGAN
Exploration and Development Activities
III. LAPORAN MANAJEMEN
Management Reports 204 SISTEM MANAJEMEN ASET
Asset Management System
42 LAPORAN DEWAN KOMISARIS
Report of the Board of Commissioners 206 TINJAUAN KINERJA KEUANGAN
Financial Performance Review
60 LAPORAN DIREKSI
Report of the Board of Directors 238 KEMAMPUAN MEMBAYAR UTANG DAN KOLEKTIBILITAS
PIUTANG
88 SURAT PERNYATAAN TANGGUNG JAWAB
Ability to Pay Debt and Receivables Collectability
Liability Statement Letter
IV. PROFIL PERUSAHAAN 241 STRUKTUR MODAL DAN KEBIJAKAN ATAS STRUKTUR MODAL
Company Profile Capital Structure and Policy on Capital Structure
92 TENTANG PGE 242 IKATAN MATERIAL UNTUK INVESTASI BARANG MODAL
About PGE Material Commitment for Capital Goods Investment
93 RIWAYAT SINGKAT PERSEROAN 242 REALISASI INVESTASI BARANG MODAL
Brief History of The Company Capital Investment Realization
98 JEJAK LANGKAH PERSEROAN 243 INFORMASI DAN FAKTA MATERIAL SETELAH TANGGAL
Milestone LAPORAN AKUNTAN
Material Fact and Information Subsequent The Date of The
102 VISI, MISI, DAN NILAI-NILAI PERSEROAN Accountant Report
Vision, Mission, and Corporate Values
245 PERNYATAAN KEPATUHAN MEMBAYAR PAJAK
104 KEGIATAN USAHA Statement Of Compliance For Paying Taxes
Business Activities
246 PROSPEK USAHA
107 PENGELOLAAN SENDIRI PANAS BUMI Business Prospect
Geothermal Own Operation
249 PERBANDINGAN ANTARA TARGET AWAL TAHUN BUKU
108 KARBON KREDIT DENGAN HASIL DICAPAI (REALISASI)
Carbon Credit Comparison Between The Initial Target Of The Financial Year And The
110 WILAYAH KERJA PANAS BUMI Result Achieved (Realization)
Geothermal Working Areas 254 TARGET ATAU PROYEKSI UNTUK SATU TAHUN MENDATANG
114 STRUKTUR ORGANISASI Target or Projection for Upcoming One Year Period
Organizational Structure 258 ASPEK PEMASARAN DAN PANGSA PASAR
115 SUSUNAN DEWAN KOMISARIS DAN DIREKSI Marketing and Market Share Aspect
Composition of The Board of Commissioners and the Board of 261 REALISASI PENGGUNAAN DANA HASIL PENAWARAN HUKUM
Directors Realization of The Use of Proceeds From Public Offering
122 PROFIL DEWAN KOMISARIS 262 KEBIJAKAN PEMBAYARAN DIVIDEN
Board of Commissioners Profile Dividend Payment Policy
136 PROFIL DIREKSI 264 INFORMASI MENGENAI INVESTASI, EKSPANSI, DIVESTASI,
Board of Directors Profile AKUISISI, RESTRUKTURISASI UTANG/MODAL
150 PEKERJA PGE Information Regarding Investment, Expansion, Divestment, Acquisition,
PGE’s Employees Debt Restructuring
160 STRUKTUR DAN KOMPOSISI PEMEGANG SAHAM 264 INFORMASI TRANSAKSI MATERIAL MENGANDUNG BENTURAN
Shareholders Structure and Composition KEPENTINGAN DAN/ATAU AFILIASI
Material Transaction Information Contains Conflicts of Interest and/
166 KRONOLOGIS PENCATATAN SAHAM or Affiliation
Chronology of Share Listing
267 PERUBAHAN PERATURAN PERUNDANG-UNDANGAN
167 KRONOLOGIS PENCATATAN OBLIGASI Changes In Statutory Regulations
Chronology of Bond Listing
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269 IKHTISAR KEBIJAKAN AKUNTANSI PENTING 611 KEBIJAKAN PEMBERIAN KOMPENSASI JANGKA PANJANG
Summary Of Significant Accounting Policies Policy for Providing Long-term Conpensation
269 KEBERLANGSUNGAN USAHA DAN STRATEGI 614 PENGADAAN BARANG DAN JASA
KEBERLANGSUNGAN USAHA Goods and Services Procurement
Business Continuity and Business Sustainability Strategy
618 AKSES INFORMASI DAN DATA PERSEROAN
VI. TATA KELOLA PERUSAHAAN Access to Company Information and Data
Good Corporate Governance
619 PENERAPAN ATAS PEDOMAN GCG
274 IKHTISAR GCG PGE Implementation of GCG Manual
PGE GCG OVERVIEW
620 PENILAIAN PENERAPAN GCG BERDASARKAN PARAMATER
275 TUJUAN DAN KOMITMEN PENERAPAN TATA KELOLA BUMN
PERUSAHAAN Assessment of GCG Implementation based on SOEs Parameter
GCG Implementation Objectives and Commitments
633 PENILAIAN PENERAPAN GCG BERDASARKAN PERATURAN
276 DASAR HUKUM PENERAPAN GCG OTORITAS JASA KEUANGAN (POJK) NO. 21/POJK.04/2015
Legal Basis for GCG Implementation TENTANG PENERAPAN PEDOMAN TATA KELOLA PERUSAHAAN
TERBUKA
277 PENERAPAN PRINSIP GCG Assessment of GCG Implementation based on Regulation of the
Implementation of GCG Principles Financial Services Authority (POJK) No. 21/POJK.04/2015 on The
286 RAPAT UMUM PEMEGANG SAHAM (RUPS) Implementation of Public Company Governance Manual
General Meeting of Shareholders (GMS) 641 PENILAIAN PENERAPAN GCG BERDASARKAN KETENTUAN
305 DEWAN KOMISARIS PEDOMAN UMUM GOVERNANSI KORPORAT INDONESIA
Board Of Commissioners (PUGKI)
Assessment of GCG Implementation based on Provisions of the
349 DIREKSI Indonesia Corporate Governance Manual (PUGKI)
Board Of Directors
665 PENILAIAN PENERAPAN GCG BERDASARKAN ASEAN
393 NOMINASI DAN REMUNERASI DEWAN KOMISARIS DAN CORPORATE GOVERNANCE SCORECARDS (ACGS)
DIREKSI Assessment of GCG Implementation based on ASEAN Corporate
Nomination and Remuneration of The Board of Commissioners and Governance Scorecards (ACGS)
Board of Directors
665 RATING ESG
400 HUBUNGAN AFILIASI ANTARA ANGGOTA DIREKSI, DEWAN ESG Rating
KOMISARIS DAN PEMEGANG SAHAM UTAMA DAN/ATAU
VII. Tanggung Jawab Sosial dan Lingkungan Perusahaan
PENGENDALI
Corporate Social Responsibility
Affiliation Relations Between Members of the Board of Directors,
the Board of Commissioners, and Majority and/or Controling TANGGUNG JAWAB SOSIAL DAN LINGKUNGAN PERUSAHAAN
Shareholders 666
Corporate Social Responsibility
402 KEBERAGAMAN KOMPOSISI DEWAN KOMISARIS DAN DIREKSI VIII. Laporan Keuangan
The Diversity of the Board of Commisioners and The Board of Financial Statements
Directors
LAPORAN KEUANGAN
404 KOMITE DI BAWAH DEWAN KOMISARIS 671
Financial Statements
Committee Under the Board of Commissioners
IX. Referensi SEOJK No. 16/SEOJK.04/2021 tentang Bentuk
481 KOMITE DI BAWAH DIREKSI dan Isi Laporan Tahunan Emiten atau Perusahaan Publik
Committees Under the Board Of Directors Reference of Circular of the Financial Services Authority
Number 16/SEOJK.04/2021 on Forms and Contents of
492 SEKRETARIS DEWAN KOMISARIS
Issuer’s or Public Listed Company’s Annual Report
Secretary to The Board of Commissioners
REFERENSI SEOJK NO. 16/SEOJK.04/2021 TENTANG BENTUK
497 SEKRETARIS PERUSAHAAN
DAN ISI LAPORAN TAHUNAN EMITEN ATAU PERUSAHAAN
Corporate Secretary
PUBLIK
804
516 HUBUNGAN INVESTOR Reference of Circular of The Financial Services Authority Number
Investor Relations 16/SEOJK.04/2021 on Forms and Contents of Issuer’s or Public
Listed Company’s Annual Report
520 AUDIT INTERNAL
Internal Audit
543 AUDITOR EKSTERNAL
External Auditor
544 SISTEM PENGENDALIAN INTERNAL
Internal Control System
554 SISTEM MANAJEMEN RISIKO
Risk Management System
585 KEAMANAN SIBER
Cybersecurity
592 PERKARA HUKUM BERDAMPAK MATERIAL TERHADAP
PERUSAHAAN, ENTITAS ANAK, DEWAN KOMISARIS, DAN
DIREKSI TAHUN 2023
Lawsuits that have Material Impact on The Company, Subsidiaries,
Board of Commissioners, and Board of Directors in 2023
593 KODE ETIK
Code of Conduct
596 WHISTLEBLOWING SYSTEM
Whistleblowing System
601 KEBIJAKAN ANTI KORUPSI
Anti-Corruption Policy
603 KEBIJAKAN GRATIFIKASI
Grafitication Policy
606 LAPORAN HARTA KEKAYAAN PENYELENGGARA NEGARA
(LHKPN)
State Officials Wealth Report (LHKPN)
607 PERDAGANGAN ORANG DALAM (INSIDER TRADING)
Insider Trading
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Pencapaian
Penting 2023
2023 Achievement
TOTAL ASSETS Ekuitas
TOTAL ASSETS EQUITY
USD2.964.141 ribu
thousands USD1.971.256 ribu
thousands
Meningkat 19,76% Meningkat 57,01%
19.76% increase 57.01% increase
Pendapatan Usaha beban pokok pendapatan
Operating Revenues Cost of Revenue
USD406.288 ribu
thousands USD178.977 ribu
thousands
Meningkat 5,24% Meningkat 3,33%
5.24% increase 3.33% increase
laba bersih
net profit $
usd163.570 ribu
thousands
ROA ROE ROI
Meningkat 28,47%
28.47% increase 5.52% 8.30% 30.90%
Produksi Operasi Sendiri Nilai-nilai Perusahaan
Own Operations Production Corporate Values
4.734,57 GWh
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Anti-korupsi Skor Asesmen BUMN
Anti-corruption SOEs Assessment Score
93,130
Penerapan Sistem Manajemen Anti
Penyuapan (SMAP) di seluruh area
Perseroan sejak tahun 2021
Implementation of the Anti-Bribery dari skor maksimal 100
Management System (ABMS) in all
from maximum score 100
areas of the Company since 2021
Jam Kerja Aman Asesmen POJK 21/2015
Safe Working Hours FSA Regulation 21/2015 Assessment
6.139.303 TERPENUHI
jam / hours
COMPLIED
SKOR ESG KEPUASAN PELANGGAN
ESG ScoRE Customer Satisfaction
8.4 (Negligible Risk) 96,42
Perusahaan dengan tingkat risiko ESG
terendah nomor 3 dari 701 perusahaan
sektor industri Utilities di dunia
Company with the lowest ESG risk level
ranked 3rd out of 701 Utilities industry
in the world
Intensitas Emisi Kepuasan Karyawan
Emissions Intensity Employee Satisfaction
44 gr CO2eq/kWh 4,08
dari skor maksimal 5,00
Jauh Lebih Rendah Dibandingkan
dengan Taksonomi Uni Eropa from maximum score 5.00
100 gr CO2eq/kWh
Much Lower Compared to EU
Taxonomy of 100 gr CO2eq/kWh
Penghindaran EMISI bauran Energi
Emission Avoidance Energy mix
3.971.869,92 Ton CO eq VS
94,29%
2 energi terbarukan
emisi pembangkit batu bara renewable energy
emission from coal power plant
PROPER
Konservasi Elang Public Disclousure Program for
Eagle Conservation Environmental Compliance
358 ekor
birds
• 13 kali Emas berturut-turut untuk area Kamojang
• 2 kali Emas berturut turut untuk area Ulubelu
• 1 kali Emas untuk area Lahendong
• 1 kali HIjau untuk area Karaha
terehabilitasi sejak 2014
• 13 consecutive Golds for Kamojang area
rehabilitated since 2014 • 2 consecutive Golds for Ulubelu area
• 1 Gold for Lahendong area
• 1 Green for Karaha area
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Initial public offering Pada tahun 2023 Perseroan telah melakukan aksi In 2023, the Company executed a corporate action korporasi Penawaran Umum Saham Perdana atau Initial known as an Initial Public Offering (IPO), making Public Offering (IPO) kepada masyarakat sebanyak available to the public a total of 10,350,000,000 10.350.000.000 (sepuluh miliar tiga ratus lima puluh ten billion three hundred fifty million common stocks juta) saham biasa atas nama yang mewakili 25% dari in registered form. These stocks represent 25% of the modal ditempatkan dan disetor Perseroan. Dengan Company’s issued and fully paid-up capital. Priced at harga penawaran Rp875 per lembar saham, total Rp875 per stock, the IPO garnered a total funding of raihan dana IPO PGE mencapai Rp9,06 triliun. Rp9.06 trillion. Saham Perseroan tercatat dan mulai diperdagangkan he ompany s stocks ere officially listed and di Bursa Efek Indonesia pada 24 Februari 2023 commenced trading on the Indonesia Stock Exchange on dengan kode transaksi perdagangan “PGEO”, di mana 24 February 2023, under the trading code “PGEO”. The jumlah saham beredar (free float) PGEO mencapai free oat of PGEO amounted to ,1 , , four 4.140.578.700 (empat miliar seratus empat puluh juta billion one hundred forty million five hundred seventy lima ratus tujuh puluh delapan ribu tujuh ratus) saham, eight thousand seven hundred) shares, constituting atau 10% dari seluruh modal disetor Perseroan. 10% of the total subscribed capital of the Company. elevate Laporan Tahunan 2023 Annual Report 13
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COVER IKHTISAR
KINERJA
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Ikhtisar Kinerja
Performance Summary
Ikhtisar Keuangan
financial highlights
Posisi Keuangan
Financial Position
Tabel Posisi Keuangan (dalam USD ribu)
Table of Financial Position (in USD thousand)
Uraian
2023 2022 2021
Description
Aset Assets
Aset Lancar Current Assets 863.278 433.307 279.786
Investasi pada Entitas Asosiasi Investments in Associates 40.644 23.841 25.966
Aset Tidak Lancar Non-Current Assets 2.060.219 2.017.990 2.091.729
Jumlah Aset Total Assets 2.964.141 2.475.138 2.397.481
Liabilitas Liabilities
Liabilitas Jangka Pendek Current Liabilities 244.104 857.782 199.867
Liabilitas Jangka Panjang Non-Current Liabilities 748.781 361.815 968.561
Jumlah Liabilitas Total 992.885 1.219.597 1.168.428
Ekuitas Equity
Jumlah Ekuitas Total Equity 1.971.256 1.255.541 1.229.053
Liabilitas dan Ekuitas Liabilities and Equity 2.964.141 2.475.138 2.397.481
Laba (Rugi) Dan Penghasilan Komprehensif Lainnya
Profit (Loss) and Other Comprehensive Income
Tabel Laba (Rugi) dan Penghasilan Komprehensif Lainnya (dalam USD ribu)
able of Profit oss and Other omprehensive ncome (in USD thousand)
Uraian
2023 2022 2021
Description
Pendapatan Usaha Revenue 406.288 386.068 368.824
Beban pokok pendapatan dan Cost of Revenue and Other
(178.977) (173.208) (182.327)
beban langsung lainnya Direct Cost
Laba Bruto Gross Profit 227.311 212.860 186.497
General and Administrative
Beban umum dan administrasi (5.526) (11.801) (4.722)
Expenses
Pendapatan keuangan Finance Income 22.171 1.202 809
Pendapatan/(Beban) lain-lain,
Other Income/(Expense), net 21.220 7.322 (38.506)
bersih
Laba usaha Operating Profit 265.176 209.583 144.078
Beban Keuangan Finance Costs (24.215) (14.822) (14.564)
Laba sebelum Beban Pajak Profit efore ncome a
240.961 194.761 129.514
Penghasilan Expense
Beban pajak penghasilan Income Tax Expense (77.391) (67.442) (44.472)
Laba Tahun Berjalan Profit or he ear 163.570 127.319 85.042
Penghasilan komprehensif Comprehensive Income
Pos-pos yang tidak akan tems that ill not be reclassified
direklasifikasi ke laba rugi to profit or loss
16 elevate Laporan Tahunan 2023 Annual Report
Page 17
Ikhtisar Kinerja
Performance Summary
Tabel Laba (Rugi) dan Penghasilan Komprehensif Lainnya (dalam USD ribu)
Table of Profit (Loss) and Other Comprehensive Income (in USD thousand)
Uraian
2023 2022 2021
Description
Pengukuran kembali atas liabilitas Net remeasurement of defined
(271) 571 3.984
imbalan pasti neto benefits liability
(Kerugian)/keuntungan nilai wajar Net fair value (loss)/gain on
3.408 (1.402) 5.787
aset bersih atas investasi ekuitas equity investment
(Rugi)/penghasilan komprehensif Other comprehensive (loss)/
3.137 (831) 9.771
lain, neto setelah pajak income net of tax
Jumlah penghasilan
Total comprehensive
komprehensif tahun 166.707 126.488 94.813
income for the year
berjalan
Laba tahun berjalan yang dapat
Profit for the year attributable to
diatribusikan kepada:
Pemilik Entitas Induk Owners of the parent entity 163.594 127.340 85.076
Kepentingan non-pengendali Non-controlling interest (24) (21) (34)
Jumlah Total 163.570 127.319 85.042
Penghasilan komprehensif tahun Comprehensive income for the
berjalan yang dapat diatribusikan year attributable to:
kepada:
Pemilik Entitas Induk Owners of the parent entity 166.731 126.509 94.847
Kepentingan non-pengendali Non-controlling interest (24) (21) (34)
Jumlah Total 166.707 126.488 94.813
Laba per saham dasar Earnings per share attributable
diatribusikan kepada pemilik to owners of the parent entity 0,0040 0,0041 0,0027
entitas induk (nilai penuh) (full amount)
Arus Kas
Cash Flows
Tabel Arus Kas (dalam USD ribu)
Table of Cash Flows (in USD thousand)
Uraian
2023 2022 2021
Description
Cash Flows from Operating
Arus Kas Dari Aktivitas Operasi 253.006 220.298 248.392
Actiivities
Cash Flows from Investing
Arus Kas Dari Aktivitas Investasi (78.480) (18.125) (20.923)
Activities
Cash Flows from Financing
Arus Kas Dari Aktivitas Pendanaan 241.090 (63.381) (256.781)
Activities
Kenaikan/(Penurunan) Neto Kas Net Increase/(Decrease) in
415.616 138.792 (29.312)
dan Setara Kas Cash and Cash Equivalents
Saldo Kas dan Setara Kas Pada Cash and Cash Equivalents at
262.302 125.335 154.863
Awal Tahun Beginning of the Year
Effect Of Exchange Rate
Efek Perubahan Nilai Kurs Pada
Changes On Cash And Cash (201) (1.825) (216)
Kas Dan Setara Kas
Equivalents
Saldo Kas dan Setara Kas Pada Cash and Cash Equivalents at
677.717 262.302 125.335
Akhir Tahun End of the Year
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Page 18
Ikhtisar Kinerja
Performance Summary
Rasio Keuangan Penting
Key Financial Ratios
Tabel Rasio Keuangan Penting (dalam USD ribu)
Table of Key Financial Ratios (in USD thousand)
Uraian Satuan
2023 2022 2021
Description Units
Rasio Profitabilitas Profitability Ratio
Imbal Balik Atas Ekuitas Return on Equity % 8,30 10,14 6,92
Imbal Balik Atas Investasi Return on Investment % 30,90 27,64 24,61
Imbal Balik Atas Aset Return on Assets % 5,52 5,14 3,55
Margin Laba Usaha Operating Profit argin % 65,27 54,29 39,06
Margin Laba Bersih Net Profit argin % 40,26 32,98 23,06
Rasio Likuiditas Liquidity Ratio
Rasio Kas Cash Ratio % 277,63 30,58 62,71
Rasio Lancar Current Ratio % 353,65 50,51 139,99
Rasio Efisiensi Efficiency Ratio
Periode Kolektibilitas Collectability Period hari 61,91 63,42 64,54
Perputaran Total Aset Total Assets Turnover % 14,94 15,85 14,91
Rasio Solvabilitas Solvency Ratio
Rasio Modal Terhadap Total Aset Capital to Total Assets Ratio % 66,50 50,73 51,26
Rasio Liabilitas Terhadap Ekuitas Liabilities to Equity Ratio % 50,37 97,14 95,07
Rasio Liabilitas Terhadap Total
Liabilities to Total Assets Ratio % 33,50 49,27 48,74
Aset
Time Interest Earned Ratio Time Interest Earned Ratio x 9,16 13,56 12,48
18 elevate Laporan Tahunan 2023 Annual Report
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Ikhtisar Kinerja
Performance Summary
IKHTISAR Operasional
operational performance
Kinerja Produksi Uap dan Listrik
Steam and Electricity Production Performance
Tabel Kinerja Produksi Uap dan Listrik Panas Bumi
Table of Production Performance of Geothermal Steam and Electricity
2023 2022 2021
Area
GWh GJ GWh GJ GWh GJ
Kamojang
Unit I (Uap | Steam) 227,82 820.080 232,09 835.538 206,71 744.280
Unit II (Uap | Steam) 365,47 1.315.440 375,63 1.352.276 412,67 1.485.623
Unit III (Uap | Steam) 385,67 1.388.160 344,35 1.239.643 403,36 1.452.277
Unit IV (Listrik | Electricity) 452,81 1.630.080 455,85 1.641.073 491,27 1.768.587
Unit V (Listrik | Electricity) 261,88 942.480 271,47 977.272 236,67 851.998
Total 1.693,64 6.097.104 1.679,39 6.045.803 1.750,67 6.302.765
Lahendong
Unit I (Uap | Steam) 119,99 431.640 112,32 404.358 82,17 295.979
Unit II (Uap | Steam) 134,21 483.120 160,37 577.319 140,09 504.332
Unit III (Uap | Steam) 125,54 451.800 147,54 531.144 78,93 284.162
Unit IV (Uap | Steam) 164,95 593.640 132,39 476.590 166,70 600.104
Unit V (Listrik | Electricity) 162,94 586.440 156,68 564.036 163,16 587.182
Unit VI (Listrik | Electricity) 161,23 580.320 154,93 557.754 143,69 517.104
Total 868,86 3.127.896 864,22 3.11 1.201 774,74 2.788.862
Ulubelu
Unit I (Uap | Steam) 363,58 130.860 399,69 1.438.887 412,30 1.484.644
Unit II (Uap | Steam) 404,78 145.692 394,87 1.421.545 391,11 1.407.950
Unit III (Listrik | Electricity) 428,38 154.188 374,56 1.348.405 400,61 1.441.876
Unit IV (Listrik | Electricity) 409,34 147.348 384,08 1.382.687 392,24 1.411.428
Total 1.606,08 5.781.600 1.553,20 5.591.523 1.596,26 5.745.898
Karaha
Unit I (Listrik | Electricity) 96,68 347.760 84,25 303.310 78,36 281.945
Total 96,68 347.760 84,25 303.310 78,36 281.945
Lumut Balai
Unit I (Listrik | Electricity) 469,31 168.948 448,53 1.614.703 460,76 1.658.248
Total 479,31 168.948 448,53 1.614.703 460,76 1.658.248
Sibayak
Unit I (Uap | Steam) 0 0 0 0 0 0
Unit II (Uap | Steam) 0 0 0 0 0 0
Monoblok (Listrik | Electricity) 0 0 0 0 0 0
Total 0 0 0 0 0 0
elevate Laporan Tahunan 2023 Annual Report 19
Page 20
Ikhtisar Kinerja
Performance Summary
Ikhtisar
shares highlights
Saham
Pergerakan harga saham PGEO dibuka di level Rp875 The trading of PGEO stocks commenced at Rp875 on
pada perdagangan perdana di 24 Februari 2023. its debut on 24 February 2023. PGEO stock reached its
Harga saham PGEO menyentuh level terendah Rp615 lowest point at Rp615 on 10 April 2023, and its highest at
pada 10 April 2023 dan harga tertinggi Rp1.605 di Rp1,605 on 25 September 2023. The liquidity of PGEO
tanggal 25 September 2023. Likuiditas saham PGEO stocks was quite high, with an average daily trading
cukup tinggi dengan rata-rata volume perdagangan volume of 70.768.060 shares throughout 2023. By the
harian mencapai 70.768.060 lembar di sepanjang end of 2023, PGEO stocks closed at Rp1,170, resulting
2023. Pada akhir tahun 2023 saham PGEO ditutup di in a market capitalization of Rp48,640,466,850,000.
harga Rp1.170 dengan nilai kapitalisasi pasar mencapai
Rp48.640.466.850.000.
Kinerja saham PGEO (24 Februari – 31 Desember 2023)
Stock Performance of PGEO (24 February – 31 December 2023)
Uraian
2023
Description
Jumlah saham beredar (Juta lembar)
41.396.142.000
Outstanding stocks (per million stocks)
Q4 48.433.486.140.000
Kapitalisasi pasar (Rp) Q3 59.817.425.190.000
Market Capitalization (Rp)
Q2 36.221.624.250.000
Q1 28.770.318.690.000
Q4 112,773,824
Volume perdagangan rata-rata (Lot) Q3 92,787,385
Average trading volume (Lot)
Q2 15,996,502
Q1 46,492,475
Q4 1.600
Harga saham tertinggi (Rp) Q3 1.605
Highest stock price (Rp) Q2 925
Q1 875
Q4 1.000
Harga saham terendah (Rp) Q3 745
Lowest stock price (Rp) Q2 650
Q1 695
Q4 1.170
Harga saham penutupan (Rp) Q3 1.445
Closing stock price (Rp) Q2 875
Q1 695
20 elevate Laporan Tahunan 2023 Annual Report
Page 21
Ikhtisar Kinerja
Performance Summary
Grafik Pergerakan Harga Saham (24 Februari – 31 Desember 2023)
Stock Price Movement Chart (24 February – 31 December 2023)
Volume Perdagangan Saham Harga Penutupan (Rp)
Share Trading Volume
Closing Price (Rp)
140.000.000 1.400
120.000.000 1.200
100.000.000 1.000
80.000.000 800
60.000.000 600
40.000.000 400
20.000.000 200
0 0
Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Volume Perdagangan Saham Harga Penutupan (Rp)
Share Trading Volume Closing Price (Rp)
Penghentian Sementara Perdagangan Suspension of Stock Trading and
Saham dan Penghapusan Pencatatan Delisting of Stock
Saham
Hingga 31 Desember 2023 tidak terdapat penghentian As of 31 December 2023, there was no suspension of
sementara perdagangan saham (suspension) dan/ stock trading and/or delisting of PGEO stocks.
atau penghapusan pencatatan saham (delisting) saham
PGEO.
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Page 22
Ikhtisar Kinerja
Performance Summary
Ikhtisar
bond highlights
Obligasi
Pada tanggal 27 April 2023 Perseroan menerbitkan On 27 April 2023, the Company issued a green bond
surat utang berwawasan hijau (green bond) senilai amounting to USD400,000,000 (four hundred million
USD400.000.000 (empat ratus juta Dolar Amerika nited States ollars ith a fi ed interest rate of .1
Serikat) dengan bunga tetap sebesar 5,15% per tahun per annum and a maturity date on 27 April 2028. The
dan jatuh tempo pada 27 April 2028. Dana dari proceeds from the issuance of the green bond will be
penerbitan green bond akan digunakan Perseroan utili ed by the ompany to refinance development
untuk membiayai kembali (refinancing) proyek-proyek projects in PGE’s geothermal resources.
pengembangan sumber daya geothermal PGE.
Peringkat Kredit
Credit Rating
Tingkat Tanggal Jatuh
Uraian Nilai
Bunga Tempo
Description Value
Interest Rate Maturity Date
Lembaga Pemeringkat
Rating Outlook
Credit Rating Agency
Moody’s Baa3 Stable
27 April 2028
Green Bond PGE USD400,000,000 5,15%
27 April 2028
Fitch Ratings BBB- Stable
Grafik Pergerakan Harga Obligasi (27 April – 31 Desember 2023)
Bond Price Movement Chart (27 April – 31 December 2023)
Harga Obligasi
Bond Price
101
100
99
98
97
96
95
94
Apr May Jun Jul Aug Sep Oct Nov Dec
Harga Obligasi
Bond Price
22 elevate Laporan Tahunan 2023 Annual Report
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Ikhtisar Kinerja
Performance Summary
Penghargaan
awards
Jumlah Institusi yang Memberikan
Nama Penghargaan Tanggal
Penghargaan Penghargaan
Name of Awards Date
Total Awards Awarding Agency
BIDANG HSSE
HSSE SECTOR
Area Kamojang: Perusahaan Inspirasi Hijau. 1 Bupati Bandung 10 Februari 2023
Regent of Bandung 10 February 2023
Kamojang Area: Inspiring Green Company.
Area Lahendong: Kategori Gold. 1 Kementerian 9 Juni 2023
Program Pencegahan dan Penanggulangan Ketenagakerjaan RI 9 June 2023
HIV/AIDS di Tempat Kerja tahun 2023. Ministry of Manpower
of the Republic of Indonesia
Lahendong Area: Gold Award.
HIV/AIDS Prevention and Control Program
at Workplace in 2023.
Area Lahendong: Kategori Platinum. 1 Kementerian 9 Juni 2023
Program Pencegahan dan Penanggulangan Ketenagakerjaan RI 9 June 2023
COVID-19 di Tempat Kerja tahun 2023. Ministry of Manpower
of the Republic of Indonesia
Lahendong Area: Platinum Award.
COVID-19 Prevention and Control Program
at Workplace in 2023.
Area Kamojang: Zero Accident Award. 1 Kementerian 9 Juni 2023
Ketenagakerjaan RI 9 June 2023
Kamojang Area: Zero Accident Award. Ministry of Manpower
of the Republic of Indonesia
Area Kamojang: Kategori Platinum. 1 Kementerian 9 Juni 2023
Program Pencegahan dan Penanggulangan Ketenagakerjaan RI 9 June 2023
HIV/AIDS di Tempat Kerja tahun 2023. Ministry of Manpower
of the Republic of Indonesia
Kamojang Area: Platinum Award.
HIV AIDS Prevention and Control Program at
Workplace in 2023.
Area Kamojang: Kategori Platinum 1 Kementerian 9 Juni 2023
Program Pencegahan dan Penanggulangan Ketenagakerjaan RI 9 June 2023
COVID-19 di Tempat Kerja tahun 2023. Ministry of Manpower
of the Republic of Indonesia
Kamojang Area: Platinum Award.
COVID-19 Prevention and Control Program
at Workplace in 2023.
1 Kementerian 9 Juni 2023
Kantor Pusat: Kategori Gold.
Ketenagakerjaan RI 9 June 2023
Program Pencegahan dan Penanggulangan
Ministry of Manpower
HIV/AIDS di Tempat Kerja tahun 2023.
of the Republic of Indonesia
Head Office: Gold Award.
HIV/AIDS Prevention and Control Program
at Workplace in 2023.
Kantor Pusat: Kategori Platinum 1 Kementerian 9 Juni 2023
Program Pencegahan dan Penanggulangan Ketenagakerjaan RI 9 June 2023
COVID-19 di Tempat Kerja tahun 2023. Ministry of Manpower
of the Republic of Indonesia
Head Office: Platinum Award.
COVID-19 Prevention and Control Program
at Workplace in 2023.
elevate Laporan Tahunan 2023 Annual Report 23
Page 24
Ikhtisar Kinerja
Performance Summary
Jumlah Institusi yang Memberikan
Nama Penghargaan Tanggal
Penghargaan Penghargaan
Name of Awards Date
Total Awards Awarding Agency
Subroto Award bidang K3 & LL 5 Aditama Kementerian 30 Oktober 2023
4 Utama Ketenagakerjaan RI 30 October 2023
● Area Kamojang : Aditama untuk K3 3 Pratama Ministry of Manpower
& LL of the Republic of Indonesia
● Area Lahendong : Aditama untuk
K3 & LL
● Area Ulubelu : Aditama untuk K3 dan
Utama untuk LL
● Area Lumutbalai : Utama untuk K3
& LL
● Area Karaha : Pratama untuk K3 & LL
● Area Hululais : Pratama untuk K3 dan
Utama untuk LL
● Subroto Award in OHS &
Environmental Protection
● Kamojang Area: Aditama Category
for both OHS & Environmental
Protection
● Lahendong Area: Aditama Category
for both OHS & Environmental
Protection
● Ulubelu Area: Aditama Category
for OHS and Utama Category for
Environmental Protection
● Lumut Balai Area: Utama Category
for both OHS & Environmental
Protection
● Karaha Area: Pratama Category for
both OHS & Environmental Protection
● Hululais Area: Pratama Category for
both OHS & Environmental Protection
Area Kamojang: Gold – 1 Gubernur Jawa Barat 23 November 2023
Penghargaan Panitia Pembina Keselamatan Governor of West Java 23 November 2023
dan Kesehatan Kerja (P2K3)
Kamojang Area: Gold –
Occupational Health and Safety Advisory
Committee Award
Anugerah Lingkungan PROPER 2022-2023 4 Kementerian Lingkungan Hidup 20 Desember 2023
dan Kehutanan RI 20 December 2023
● PROPER Emas untuk Area Kamojang Ministry of the Environment
(13 kali berturut-turut) and Forestry of the Republic of
● PROPER Emas untuk Area Ulubelu (2 Indonesia
kali berturut-turut)
● PROPER Emas untuk Area Lahendong
(pertama kali)
● PROPER Hijau untuk Area Karaha
(pertama kali)
2022-2023 PROPER
Environmental Award
● Gold PROPER for Kamojang Area (13
consecutive times)
● Gold PROPER for Ulubelu Area (2
consecutive times)
● Gold PROPER for Lahendong Area
(first win)
● Green PROPER for Karaha Area (first
win)
24 elevate Laporan Tahunan 2023 Annual Report
Page 25
Ikhtisar Kinerja
Performance Summary
Institusi yang Memberikan
Nama Penghargaan Jumlah Penghargaan Tanggal
Penghargaan
Name of Awards Total Awards Date
Awarding Agency
BIDANG MANAJEMEN MUTU
QUALITY MANAGEMENT
Annual Pertamina Quality Awards 4 PT Pertamina (Persero) 26 Mei 2023
(APQA) 26 May 2023
Gold Awards:
● FT Prove GASPOL
● FT Prove JASLAB
● PC Prove KARAHA BISA
Silver Awards:
● PC Prove AIRLING
Temu Karya Mutu dan 5 Temu Karya Mutu dan 27-30 November 2023
Produktivitas Nasional (TKMPN) Produktivitas Nasional (TKMPN) 27-30 November 2023
XXVII National Quality and
Productivity Work Gathering
● Diamond: FTP JASLAB (Lab (TKMPN)
Drilling & Service)
● Diamond: FTP COLAB (Area
Kamojang)
● Platinum: PCP PEDAS
(Project Development)
● Platinum: PCP ANGET-
ANGET JOS (Area
Kamojang)
● Gold: PCP COMBINE (Area
Karaha)
The 27th National Quality and
Productivity Work Gathering
(TKMPN)
● Diamond: FTP JASLAB
(Drilling Lab & Service)
● Diamond: FTP COLAB
(Kamojang Area)
● Platinum: PCP PEDAS (Project
Development)
● Platinum: PCP ANGET-
ANGET JOS (Kamojang
Area)
● Gold: PCP COMBINE
(Karaha Area)
BIDANG TANGGUNG JAWAB SOSIAL DAN LINGKUNGAN
ENVIRONMENTAL AND SOCIAL RESPONSIBILITY
Indonesia Green Awards 2023 2 Indonesia Green Awards 22 Februari 2023
22 February 2023
Area Lahendong: Kategori
Penanganan Sampah Plastik.
Program Inisiasi Bank Sampah
“Setor Jo” Tompaso Raya
Area Lahendong: Kategori
Rekayasa Teknologi dalam
Menghemat Energi/Penggunaan
Energi Terbarukan.
ProgramSATEBI dengan EBT
Indonesia Green Awards 2023
Lahendong Area: Plastic Waste
Management Program Category -
“Setor Jo” Waste Bank Initiative in
Tompaso Raya
Technological Engineering in
Energy Saving/Renewable Energy
Use Category - SATEBI Program
with Renewable Energy
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Page 26
Ikhtisar Kinerja
Performance Summary
Institusi yang Memberikan
Nama Penghargaan Jumlah Penghargaan Tanggal
Penghargaan
Name of Awards Total Awards Date
Awarding Agency
Indonesia Social Responsibility 1 Prospectus Media by Arjuna 23 Juni 2023
Award 2023 Wijaya Karya 23 June 2023
Area Kamojang: Gold Award -
Category Economy Empowerment
Indonesia Social Responsibility
Award 2023
Kamojang Area:
Gold Award - Economic
Empowerment Category
Penganugerahan Padmamitra 1 Forum CSR Indonesia 5 Juli 2023
Award tahun 2022 Indonesia CSR Forum 5 July 2023
Area Ulubelu: Kategori
Kebencanaan
Padmamitra Award 2022
Ulubelu Area: Disaster
Management Category
CSR Outlook 2023 1 Olahkarsa 25 Juli 2023
Area Ulubelu: Best Practice in 25 July 2023
Economic Empowerment
CSR Outlook 2023
Ulubelu Area: Best Practice in
Economic Empowerment
Energy and Mining Editor Society 3 Energy and Mining Editor 3 Agustus 2023
Proving League 2023 Society 3 August 2023
● Area Kamojang: Platinum
Award
● Area Ulubelu: Gold
Award
● Area Lahendong: Silver
Award
Energy and Mining Editor Society
Proving League 2023
● Kamojang Area: Platinum
● Ulubelu Area: Gold
● Lahendong Area: Silver
Bisnis Indonesia CSR Awards 2023 1 Bisnis Indonesia 15 Agustus 2023
(BISRA) 15 August 2023
Area Kamojang: Gold Champion -
Economy Element
Bisnis Indonesia CSR Awards 2023
(BISRA)
Kamojang Area: Gold Champion -
Economy Element
26 elevate Laporan Tahunan 2023 Annual Report
Page 27
Institusi yang Memberikan
Nama Penghargaan Jumlah Penghargaan Tanggal
Penghargaan
Name of Awards Total Awards Date
Awarding Agency
Annual Global CSR & ESG 1 Annual Global CSR & ESG 29 Agustus 2023
Summit and Awards 2023 – Summit and Awards 2023 29 August 2023
Vietnam
Area Ulubelu: Platinum Award -
Empowerment of Woman Award
melalui program CSR PGE
Area Ulubelu bidang kesehatan
Kamasetra (Keluarga Mandiri,
Sehat dan Sejahtera)
Annual Global CSR & ESG Summit
and Awards 2023 – Vietnam
Ulubelu Area: Platinum Award -
Empowerment of Women Award
through PGE Ulubelu Area’s
CSR program in Kamasetra
(Independent, Healthy, and
Prosperous Families) health sector.
Katadata Corporate Sustainable 1 Katadata 27 September 2023
Awards (KCSA) 2023 27 September 2023
Peringkat Pertama Sektor Energi
Katadata Corporate Sustainability
Awards (KCSA) 2023
First rank in the energy sector
ASEAN Energy Awards 2023 1 ASEAN Center for Energy 26 Agustus 2023
(ACE) 26 August 2023
The Winner of the On Grid :
National Grid Category
Kamojang Unit 5 GPP Green
Living Ecosystem Optimization:
An Integrated Geothermal Power
Plant with Eco-social Security for
Steam Resource Sustainability and
Operational Stability
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Page 28
Institusi yang Memberikan
Nama Penghargaan Jumlah Penghargaan Tanggal
Penghargaan
Name of Awards Total Awards Date
Awarding Agency
BIDANG TATA KELOLA
GOVERNANCE
Penganugerahan Transparansi 2 Buniverse 27 Juni 2023
Emisi Korporasi 2023 27 June 2023
● Platinum Plus Award.
Penghargaan Transparansi
Perhitungan Emisi Korporasi
2023.
● Green Elite Award.
Penghargaan Transparansi
Penurunan Emisi Korporasi
2023.
Corporate Emissions
Transparency Award 2023
● Platinum Plus Award
Corporate Emissions
Calculation Transparency
Award 2023
● Green Elite Award.
Corporate Emissions
Reduction Transparency
Award 2023.
Penghargaan Badan Geologi. 1 Badan Geologi ESDM 18 Agustus 2023
Kategori Geo Resources. Geological Agency of Ministry 18 August 2023
of Energy and Mineral
Resources
Badan Geologi Award.
Geo Resources Category
Anugerah Badan Pengawas 1 Badan Pengawas Tenaga Nuklir 22 Agustus 2023
Tenaga Nuklir (BAPETEN) 2023 (BAPETEN) 22 August 2023
Kategori Keselamatan dan Nuclear Energy Regulatory
Keamanan Nuklir Agency (BAPETEN)
Nuclear Energy Regulatory Agency
(BAPETEN) Award 2023
Nuclear Safety and Security
Category
28 elevate Laporan Tahunan 2023 Annual Report
Page 29
Ikhtisar Kinerja
Performance Summary
Institusi yang Memberikan
Nama Penghargaan Jumlah Penghargaan Tanggal
Penghargaan
Name of Awards Total Awards Date
Awarding Agency
ESG Disclosure Transparency 1 Bumi Global Karbon 29 November 2023
Awards 2023 Foundation 29 November 2023
Rating tinggi predikat Leadership A
ESG Disclosure Transparency
Awards 2023
The highest rating with
Leadership Predicate
Human Capital & Performance 3 Business News Indonesia 29 November 2023
Awards 2023 29 November 2023
● The Best CEO of The Year
2023
● The Best Human Capital
Technology Strategy 2023
● The Best Employee
Engagement Strategy 2023
BIDANG PATEN
PATENTS
Pengukuran Real-time Laju Aliran 1 S Patent rademark Office 11 Juli 2023
Massa dan Entalpi Dua Fasa 11 July 2023
dengan Menggunakan Alat Ukur
Perbedaan Tekanan
Real-time Measurement of Mass
Flow Rate and Two-Phase Enthalpy
Using Pressure Difference Gauge
Pengukuran Real-time Laju Aliran 1 Turk Patent 5 September 2023
Massa dan Entalpi Dua Fasa 5 September 2023
dengan Menggunakan Alat Ukur
Perbedaan Tekanan
Real-time Measurement of Mass
Flow Rate and Two-Phase Enthalpy
Using Pressure Difference Gauge
Pengukuran Real-time Laju Aliran 1 Kemenkumham RI 9 Oktober 2023
Massa dan Entalpi Dua Fasa Ministry of Law and Human 9 October 2023
dengan Menggunakan Alat Ukur Rights of the Republic of
Perbedaan Tekanan Indonesia
Real-time Measurement of Mass
Flow Rate and Two-Phase
Enthalpy Using Pressure Difference
Gauge
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Performance Summary
SERTIFIKASI
certifications
Daftar Sertifikasi
Lists of Certifications
Lembaga yang
Nama Sertifikasi Deskripsi Lingkup Sertifikasi Tanggal Kadaluarsa
No. Name of Certification Description Scope
Menerbitkan
Expiration Date
Issuing Agency
1. ISO 37001:2016 Sistem Manajemen Anti Kantor Pusat, Proyek Hululais, British Standards 25 November 2026
Penyuapan serta seluruh area PGE Institution (BSI) 25 November 2026
Anti-bribery Management Head Office, Hululais Project,
System and all PGE areas
2. ISO 22301:2019 Sistem Manajemen Kantor Pusat British Standards 13 November 2026
Kelangsungan Bisnis Head Office Institution (BSI)
Business Continuity
Management System 13 November 2026
(BCMS)
3. ISO 27001:2022 Sistem Manajemen Kantor Pusat British Standards 12 Desember 2026
Keamanan Informasi Head Office Institution (BSI)
Information Security
Management System 12 December 2026
4. ISO 17025:2017 Akreditasi Sistem Area Kamojang Komite Akreditasi 26 Juni 2024
Manajemen Mutu Kamojang Area Nasional 26 June 2024
Laboratorium National Accreditation
Laboratory Quality Committee
Management System
Accreditation
5. PAS 99:2012 Integrated Management Kantor Pusat dan seluruh British Standards 27 Mei 2024
Registration area PGE Institution (BSI) 27 May 2024
Head Office and all PGE
areas
6. ISO 45001:2018 Occupational Health & Kantor Pusat dan seluruh British Standards 27 Mei 2024
Safety Management area PGE Institution (BSI) 27 May 2024
System Head Office and all PGE
areas
7. ISO 14001:2015 Environmental Kantor Pusat dan seluruh British Standards 29 Mei 2024
Management System area PGE Institution (BSI) 29 May 2024
Head Office and all PGE
areas
8. ISO 9001:2015 Quality Management Kantor Pusat dan seluruh British Standards 27 Mei 2024
System area PGE Institution (BSI) 27 May 2024
Head Office and all PGE
areas
9. Green Building Net Zero Health Building PLTP Unit 4 Kamojang Green Building Council 2022 - 2025
Kamojang Geothermal Power Indonesia (GBCI)
Plant (PLTP) Unit 4
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Performance Summary
Peristiwa Penting
significant events in 2023
2023
PGE Menggelar Penawaran Umum Saham Perdana atau Initial Public
Offering (IPO) dan Mencatatkan Sahamnya di Bursa Efek Indonesia
(Kode Saham: PGEO)
PGE Conducts Initial Public Offering (IPO) and lists its shares on the
Indonesia Stock Exchange (Ticker Code:PGEO)
PGE menggelar IPO kepada masyarakat PGE launched a total of 10,350,000,000 (ten
sebanyak 10.350.000.000 (sepuluh miliar billion three hundred and fifty million)
tiga ratus lima puluh juta) saham biasa registered common shares to the public that
atas nama yang mewakili 25% dari modal comprises 25% of the Company’s subscribed
ditempatkan dan disetor Perseroan dengan and paid-up capital at an offering price
harga penawaran Rp875 per lembar saham, of Rp875 per share, and IPO acquisition
dengan perolehan dana IPO sebesar Rp of funds of Rp9.06 trillion. PGE’s IPO was
9,06 triliun. IPO PGE mengalami kelebihan oversubscribed by over 3.81 times, indicating
permintaan (oversubscribed) hingga 3,81 kali, high investor trust to our prospect.
menunjukkan tingkat kepercayaan investor
yang tinggi kepada prospek PGE.
Saham Perseroan tercatat dan mulai The Company’s share was listed and sold at
diperdagangkan di Bursa Efek Indonesia the Indonesia Stock Exchange on 24 January
pada 24 Februari 2023 dengan kode 2023 under the ticker code “PGEO”. There are
transaksi perdagangan “PGEO”. Jumlah 4,140,578,700 (four billion one hundred forty
31 Januari 2023 dan 24 Februari 2023 saham beredar (free float) PGEO mencapai million five hundred seventy eight thousand
31 January 2023 and 24 February 2023 4.140.578.700 (empat miliar seratus empat seven hundred) of PGEO free float shares,
puluh juta lima ratus tujuh puluh delapan ribu or 10% of the total paid-up capital of the
tujuh ratus) saham, atau 10% dari seluruh Company.
modal disetor Perseroan.
PGE Menerbitkan Surat Utang Berwawasan Hijau (Green Bond) Senilai
USD400 juta
PGE Issues Green Bond worth USD400 Million)
Perseroan menerbitkan surat utang The Company issued a green bond with a total
berwawasan hijau (green bond) senilai value of USD400,000,000 (four hundred
USD400.000.000 (empat ratus juta Dolar million United States Dollars) with a fixed
Amerika Serikat) dengan bunga tetap sebesar interest of 5.15% per year maturing on
5,15% per tahun dan jatuh tempo pada 27 April 2028.
27 April 2028.
Green bond PGE menjadi bond premium di PGE’s green bond is a prominent green
secondary market yang tercatat di Singapore bond in the secondary market listed on the
Exchange Securities Trading Limited (SGX-ST) Singapore Exchange Securities Trading Limited
dan mendapatkan peringkat Baa3 (Stable) (SGX-ST) and received a Baa3 (Stable) rating
dari Moody’s Investors Services dan BBB- from Moody’s Investors Services and BBB-
(Stable) dari Fitch Rating. Peringkat tersebut (Stable) from Fitch Rating. These ratings reflect
menunjukkan fundamental bisnis Perseroan the Company’s strong business fundamentals
27 April 2023 yang kuat sehingga memiliki proyeksi investasi which lead to promising investment projections
27 April 2023 menjanjikan di masa depan. in the future.
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PGE Laporkan Kinerja Positif dalam Rapat Umum Pemegang Saham
Tahunan (RUPST) Tahun Buku 2022
PGE Records Positive Performance in AGMS for the 2022 Fiscal Year
PGE telah melaksanakan Rapat Umum PGE held the Annual General Meeting of
Pemegang Saham Tahunan (RUPST) Tahun Shareholders (AGMS) for the 2022 Fiscal Year
Buku 2022 pada Senin 5 Juni 2023 di on Monday 5 June 2023 in Jakarta which was
Jakarta yang dihadiri oleh Direksi, Dewan attended by the Board of Directors, Board of
Komisaris, serta pemegang saham. Pada Commissioners, and shareholders. During the
RUPST ini, pemegang saham PGE menyetujui meeting, the PGE shareholders have approved
penggunaan laba bersih, yaitu untuk dividen the use of the net profit amounting USD100
sebesar USD100 juta serta laba ditahan million for dividend and USD27.32 million
sebesar USD27,32 juta. Total dividen for retained earnings. The aforementioned
tersebut termasuk dividen interim sebesar dividend comprises USD70 million of interim
USD70 juta yang telah dibayarkan pada 27 dividend which was paid on 27 January 2023
Januari 2023 serta dividen tambahan sebesar and USD30 million of an additional dividend
USD30 juta yang akan diberikan kepada which will be given to shareholders according
pemegang saham sesuai dengan porsi to their ownership portion on the record date.
kepemilikannya pada tanggal pencatatan.
The AGMS also announced that the Company
RUPST ini juga mengumumkan bahwa per had managed to record positive performance
5 Juni 2023
tahun 2022 Perseroan berhasil mencatatkan in 2022. This is evidenced by the increase
5 June 2023 kinerja positif. Hal ini dibuktikan dengan in net profit of 49.68% YoY (year on year)
adanya peningkatan laba bersih 49,68% recorded by the Company, to USD127.32
secara YoY (year on year) yang dicatatkan million. Business income in 2022 also rose by
oleh Perseroan, menjadi USD 127,32 4.68% or USD386.07 million and recorded
juta. Pendapatan usaha tahun 2022 turut steam and geothermal electricity production of
mengalami peningkatan 4,68% atau sebesar 4,629.6 GWh. From the sustainability aspect,
USD 386,07 juta serta mencatatkan produksi the Company succeeded in avoiding emissions
uap dan listrik panas bumi sebesar 4.629,6 of 3.87 million tons of CO2.tions in the future.
GWh. Dari aspek keberlanjutan, Perseroan
berhasil melakukan penghindaran emisi
sebesar 3,87 juta ton CO2.
PGE Melakukan Berbagai Kerjasama Strategis untuk Pengembangan Bisnis
Panas Bumi di EBTKE ConEx 2023
PGE Conducts Various Strategic Cooperations for Geothermal Business
Development at EBTKE ConEx 2023
Berbagai bentuk kerjasama PGE dalam EBTKE Several forms of PGE cooperation at the EBTKE
ConEx 2023: ConEx 2023 are as follows
● Penandatanganan perjanjian kerjasama ● The signing of a Memorandum of
atau Memorandum of Understanding Understanding (MoU) between PGE and
(MoU) antara PGE dengan PT Schlumberger Geophysics Nusantara,
PT Schlumberger Geophysics Nusantara. ● The signing of a partnership agreement
● Penandatanganan kerjasama antara between PGE, PT Pembangunan Aceh
PGE, PT Pembangunan Aceh (PDPA) dan (PDPA), and Chevron Energy
Chevron Energy International, International,
● Penandatanganan perjanjian kerjasama ● The signing of a cooperation agreement
antara PGE dengan PT Kaishan Orka between PGE and PT Kaishan Orka
Indonesia. Indonesia.
12 Juli 2023
12 July 2023 EBTKE ConEx merupakan event tahunan yang The annual EBTKE ConEx is an event organized
dilaksanakan oleh Kementerian Energi dan by the Ministry of Energy and Mineral Resources
Sumber Daya Mineral (ESDM) bekerjasama (ESDM) in collaboration with the Renewable
dengan Masyarakat Energi Terbarukan (METI). Energy Society (METI).
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PGE Jajaki Kerja Sama dengan AGIL untuk Kembangkan Konsesi
Longonot di Kenya
PGE Embarks on Collaboration with AGIL to Develop Longonot Concession
in Kenya
Perseroan menjajaki kerja sama dengan Africa The Company embarks on cooperation with
Geothermal International No. 1 Limited (AGIL Africa Geothermal International No. 1 Limited
No. 1) untuk mengembangkan potensi panas (AGIL No. 1) to develop geothermal potential
bumi pada konsesi Longonot di Kenya. in the Longonot concession in Kenya.
Langkah kedua belah pihak ini ditandai The move was marked by the signing of a
melalui penandatanganan Memorandum of Memorandum of Understanding (MoU) in
Understanding (MoU) yang dilakukan oleh Nairobi, Kenya by Dr. Fred N. Ojiambo,
Dr. Fred N. Ojiambo, MBS, SC selaku Board MBS, SC as the Board of Directors of Africa
of Directors Africa Geothermal International Geothermal International Limited (AGIL) and
imited AG dan ulfi adi selaku irektur Julfi Hadi as President Director of PGE.
Utama PGE di Nairobi, Kenya.
20 Agustus 2023
20 August 2023
The Winner of the On Grid – National Grid Category pada ajang ASEAN
Energy Award 2023
The Winner of the On Grid – National Grid Category at the ASEAN Energy
Award 2023
PGE berhasil meraih The Winner of the On PGE successfully won the Winner of the
Grid - National Grid Category pada ajang On Grid - National Grid Category at the
ASEAN Energy Awards 2023. Penghargaan ASEAN Energy Awards 2023. The award was
ini diberikan oleh ASEAN Center for Energy presented by the ASEAN Center for Energy
(ACE)di Nusa Dua, Bali. (ACE) in Nusa Dua, Bali.
Perseroan berhasil meraih penghargaan The Company won this international award
internasional ini dengan mengangkat tema with the theme “Kamojang Unit-5 GPP Green
“Kamojang Unit-5 GPP Green Living Ecosystem Living Ecosystem Optimization: An Integrated
Optimization: An Integrated Geothermal? Geothermal? Power Plant with Eco-Social
Power Plant with Eco-Social Security for Steam Security for Steam Resource Sustainability and
Resource Sustainability and Operational Operational Stability”.
Stability”.
25 Agustus 2023
25 August 2023
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PGE Area Ulubelu Memenangkan Platinum Award – Empowerment of Woman
Award pada Ajang Annual Global CSR & ESG Summit and Awards 2023 di
Vietnam
PGE Ulubelu Area Wins Platinum Award – Empowerment of Woman Award
at the 2023 Annual Global CSR & ESG Summit and Awards in Vietnam
Prestasi kembali diukir oleh PGE Area Another achievement was made by PGE
Ulubelu yang mendapatkan penghargaan Ulubelu Area, which received an international
internasional di ajang Annual Global CSR award at the 2023 Annual Global CSR & ESG
& ESG Summit and Awards 2023, melalui Summit and Awards, through the Corporate
program Corporate Social Responsibility Social Responsibility (CSR) program in
(CSR) bidang kesehatan Kamasetra (Keluarga the Kamasetra (Independent, Healthy and
Mandiri, Sehat, dan Sejahtera) kategori Prosperous Families) health sector in the
Empowerment of Woman Award. Program CSR Empowerment of Woman Award category. This
tersebut mendapat penghargaan Platinum CSR program received a Platinum award and
dan diterima di Kota Da Nang Vietnam. was received in Da Nang City, Vietnam.
29 Agustus 2023
29 August 2023
Kunjungan Kenya untuk Jalin Kerja Sama dengan PGE
Kenya’s Visit to Establish Collaboration with PGE
Kunjungan balasan pemerintah Kenya dihadiri The Kenyan Government’s reciprocal visit was
oleh delegasi dari Kenya yang dipimpin attended by a delegation from Kenya led
langsung oleh Ministry Energy & Petroleum directly by the Ministry of Energy & Petroleum
Kenya Davis Chirchir bersama Managing Kenya Davis Chirchir together with Managing
Director & CEO Geothermal Development Director & CEO Geothermal Development
Company (GDC) Paul Ngugi, dan beberapa Company (GDC) Paul Ngugi, and several
representatif Kenya lainnya. other Kenyan representatives.
Kunjungan ini disambut oleh Menteri This visit was welcomed by the Indonesian
Koordinator Bidang Kemaritiman dan Investasi Coordinating Minister for Maritime Affairs
Indonesia Jenderal TNI (Purn.) Luhut Binsar and Investment General TNI (ret.) Luhut Binsar
12 September 2023 Pandjaitan, Menteri Energi dan Sumber Daya Pandjaitan, the Indonesian Minister of Energy
12 September 2023 ineral ndonesia Arifin asrif, irektur tama and Mineral Resources Arifin Tasrif, President
Pertamina Power Indonesia (PPI) Dannif Utojo Director of Pertamina Power Indonesia (PPI)
anusaputro, irektur tama PGE ulfi adi Dannif Utojo Danusaputro, President Director
serta beberapa anak perusahaan Pertamina of PGE Julfi Hadi and several other Pertamina
lainnya. subsidiaries.
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PGE Menjadi Perusahaan Penyedia Karbon Pertama di Bursa Karbon
Indonesia
PGE Becomes the First Company to Provide Carbon on the Indonesian
Carbon Exchange
PGE menjadi perusahaan pertama yang PGE is the first company to provide carbon for
menyediakan karbon untuk diperdagangkan trading on the Indonesian Carbon Exchange.
di Bursa Karbon Indonesia. Karbon yang The carbon sold comes from units 5 and 6 at
dijual berasal dari unit 5 dan unit 6 di WKP the Lahendong WKP in Tomohon, North
Lahendong di Tomohon, Sulawesi Utara. Sulawesi.
Secara teknis penjualan karbon yang ada di Technically, carbon sales in the Pertamina
Pertamina Group dilakukan oleh PT Pertamina Group are carried out by PT Pertamina Power
Power Indonesia (PPI) yang merupakan Indonesia (PPI), which is a subholding of Power
26 September 2023 subholding Power & New Renewable Energy & New Renewable Energy (PNRE), and the
26 September 2023 (PNRE), dan pemegang saham utama PGE. ultimate shareholder of PGE. Meanwhile, PGE
Sementara PGE menjadi penyedia pasokan is the provider of carbon supplies needed by
karbon yang dibutuhkan investor di Bursa investors on the Indonesian Carbon Exchange.
Karbon Indonesia.
Kerja sama Konsorsium dengan Chevron untuk Wilayah Kerja Way Ratai
Consortium with Chevron in Ratai Working Area
PGE dan Konsorsium Chevron New PGE and the Chevron New Energies
Energies melalui PT Jasa Daya Chevron Consortium through PT Jasa Daya Chevron
menandatangani beberapa perjanjian kerja signed several basic cooperation agreements
sama dasar pembentukan badan usaha for the establishment of new local business
lokal baru dan penempatan dana komitmen entities and the placement of exploration
eksplorasi pada rekening bersama. Badan commitment funds in a joint account. The new
usaha baru tersebut akan resmi menjadi business entity will officially become the holder
pemegang Izin Panas Bumi (IPB) atas wilayah of a Geothermal Permit (IPB) for the working
kerja dan akan melakukan berbagai kegiatan area and will carry out various activities at the
pada tahap eksplorasi, termasuk pekerjaan exploration stage, including survey work and
survei dan pemboran eksplorasi. exploration drilling.
irektur tama PGE ulfi adi menyampaikan, President Director of PGE Julfi Hadi said
3 Oktober 2023
penandatanganan perjanjian tersebut that the agreements were inked to follow
3 October 2023 dilakukan menyusul keputusan Menteri up a decision of Minister of Energy and
Energi dan Sumber Daya Mineral yang Mineral Resources issued on 12 June 2023
dikeluarkan pada 12 Juni 2023 terkait on the appointment of the PGE and Chevron
penetapan konsorsium PGE dan Chevron consortium as the winner of the auction for
selaku pemenang lelang Wilayah Kerja Panas the Geothermal Working Area (WKP) in Way
Bumi (WKP) di daerah Way Ratai, Provinsi Ratai area, Lampung province.
Lampung.
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PGE Mengunjungi Potensi Panas Bumi di Turki
PGE Pays Visit to Türkiye to Observe Geothermal Potential
Langkah Perseroan untuk mengembangkan The Company continues to take actions
bisnis di ranah global terus berlanjut. Setelah to develop its business on a global scale.
beberapa waktu lalu melakukan kerja sama Following cooperation with Kenya, PGE is now
dengan Kenya, kini PGE melirik potensi seeking potential for geothermal development
pengembangan panas bumi di Turki. in Türkiye.
Langkah konkrit PGE untuk menjadi perusahaan PGE’s concrete action to become an
panas bumi internasional diperkuat dengan international geothermal company is affirmed
dilakukannya kunjungan kerja ke beberapa by carrying out working visits to several
perusahaan pengembang panas bumi di Turki geothermal development companies in Türkiye
pada pengujung Oktober ini. at the end of October 2023.
29 Agustus 2023 Dalam kunjungan ini, Direktur Utama PGE During that meeting, PGE President Director
22 October 2023 ulfi adi bersama irektur Eksplorasi dan Julfi Hadi, Director of Exploration and
Pengembangan PGE Rachmat Hidajat dan Development Rachmat Hidajat, and Indonesian
Duta Besar RI untuk Turki Achmad Rizal Ambassador to Türkiye Achmad Rizal Purnama
Purnama berkesempatan untuk bertemu met with Turkish geothermal companies such as
dengan beberapa pengembang panas bumi Energy Holding and SDS Enerji.
Turki, diantaranya Energy Holding dan SDS
Enerji.
Kunjungan Kenya untuk Jalin Kerja Sama dengan PGE
Kenya’s Visit to Establish Collaboration with PGE
Sebagai bentuk komitmen PGE dalam As a form of PGE’s commitment to supporting
mendukung berbagai program inovasi, various innovation programs, PGE held the
PGE menggelar GEOVATION (Geothermal 2023 GEOVATION (Geothermal Innovation
Innovation & Competition) Awards 2023 & Competition) Awards on 30 October - 1
yang merupakan Forum Presentasi Continuous November 2023 at the Grha Pertamina and
Improvement Program (CIP) dan Knowledge Ballroom Aryaduta Jakarta. The Awards is
Sharing Subholding PNRE dengan tema “Grow a Continuous Improvement Program (CIP)
By Accelerating Value Creation” yang digelar Presentation Forum and PNRE Subholding
dari tanggal 30 Oktober - 1 November 2023 Knowledge Sharing adopting the theme “Grow
di Grha Pertamina dan Ballroom Aryaduta By Accelerating Value Creation”.
Jakarta.
Sebanyak 72 Gugus terbaik mengikuti Forum The 2023 GEOVATION Forum was
30 Oktober -1 November 2023
GEOVATION 2023 secara offline yang participated by the best 72 Groups in person,
30 October -1 November 2023 tediri dari 66 Tim CIP Tebaik dari PGE dan consisting of the best 66 CIP Teams of the PGE
6 Tim perwakilan dari PT Pertamina Power and 6 representative teams from PT Pertamina
Indonesia (PPI) dengan distribusi tim 29 Gugus Power Indonesia (PPI); of those groups, 29
Functional Team (FT-Prove), 33 Gugus Project groups are from Functional (FT-Prove), 33 from
Collaboration (PC-Prove), 8 Gugus Individual Project Collaboration (PC-Prove), 8 Individual
(I-Prove), dan 2 Gugus Replication (RT-Prove). (I-Prove), and 2 from Replication (RT-Prove).
Pada acara kali ini, sebanyak 33 Gugus At this event, 33 Groups managed to obtain
berhasil mendapatkan predikat Gold, 37 the Gold predicate, 37 Groups managed to
Gugus berhasil meraih predikat Silver, obtain the Silver predicate, and 2 Groups
serta 2 Gugus berhasil meraih predikat managed to obtain the Bronze predicate,
Bronze, dengan total Value Creation yang with the total Value Creation generated in real
dihasilkan secara real pada tahun 2023 terms in 2023 (January - October) amounting
(Januari -Oktober) sebesar Rp240,65 miliar, to Rp240.65 billion, and the additional value
dan proyeksi tambahan hingga akhir tahun projection of Rp5.75 billion by the end of
2023 (November - Desember) sebesar 2023 (November - December).
Rp5,75 miliar.
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Kerjasama PGE dengan Chevron dan Mubadala Energy dalam Menjajaki
Wilayah Kerja Panas Bumi (WKP) Kotamobagu
PGE Collaboration with Chevron and Mubadala Energy in Exploring the
Kotamobagu Geothermal Working Area (WKP)
PGE mengumumkan kerja sama dengan PGE announced collaboration with Chevron
Chevron New Energies International (Chevron) New Energies International (Chevron) and
dan Mubadala Energy untuk melakukan Joint Mubadala Energy to carry out a Joint Study
Study Agreement (JSA) untuk mengeksplorasi Agreement (JSA) to explore geothermal
potensi panas bumi di Kotamobagu, Sulawesi potential in Kotamobagu, North Sulawesi,
Utara, Indonesia. Indonesia.
Penandatanganan JSA tersebut dilaksanakan The signing of the JSA was carried out at
bersamaan dengan kunjungan Presiden Joko the same time as President Joko Widodo’s
Widodo ke Amerika Serikat, dan disaksikan visit to the United States, and was witnessed
oleh Deputi Kementerian Koordinator Bidang by Deputy Coordinating Ministry for
Kemaritiman & Investasi Jodi Mahardi, Duta Maritime Affairs & Investment Jodi Mahardi,
Besar Republik Indonesia untuk Amerika Ambassador of the Republic of Indonesia to
14 November 2023 Serikat Rosan Roeslani, Direktur Utama PT the United States Rosan Roeslani, President
14 November 2023 Pertamina (Persero) Nicke Widyawati dan Director of PT Pertamina (Persero) Nicke
Country Manager Chevron Indonesia Wahyu Widyawati and Chevron Country Manager
Budiarto. Indonesia Wahyu Budiarto.
JSA ini bertujuan untuk memanfaatkan This JSA aims to utilize the complementary
kekuatan dan pengalaman yang saling strengths and experiences of the three
melengkapi dari ketiga perusahaan, yaitu companies, namely PGE as the largest
PGE sebagai penghasil dan pemegang producer and holder of geothermal capacity
kapasitas panas bumi terbesar di Indonesia, in Indonesia, Chevron’s extensive capabilities
kemampuan Chevron yang luas sebagai as a multinational energy company committed
perusahaan energi multinasional yang to providing reliable and environmentally
berkomitmen untuk menyediakan energi yang friendly energy, as well as its track record
andal dan ramah lingkungan, serta rekam Mubadala Energy in providing reliable and
jejak Mubadala Energy dalam menyediakan efficient energy for ndonesia and commitment
energi yang andal dan efisien untuk ndonesia to play an active role in the energy transition
dan komitmen untuk berperan aktif dalam as a leading international energy company.
transisi energi sebagai perusahaan energi
internasional terkemuka.
PGE Raih ISO 22301:2019 Bisnis Continuity Management System (BCMS)
dari The British Standard Institution
PGE Receives ISO 22301:2019 Business Continuity Management System
(BCMS) from The British Standard Institution
PGE memperoleh sertifikasi SO 3 1 1 PGE received ISO 22301:2019
dari The British Standard Institution (BSI) untuk certification from he ritish Standard
kategori Business Continuity Management Institution (BSI) in the Business Continuity
System (BCMS) atau Sistem Manajemen Management System (BCMS) category.
Kelangsungan Bisnis. Direktur Keuangan PGE PGE Finance Director Nelwin Aldriansyah
Nel in Aldriansyah mengatakan, sertifikasi said that SO 3 1 1 certification
ISO 22301:2019 berlaku efektif sejak 14 is effective from 14 November 2023.
November 2023.
Sistem Manajemen Kelangsungan Bisnis The Business Continuity Management
merupakan standar internasional pertama System is the first international standard
yang membantu memastikan kelangsungan that helps ensure business continuity with a
29 November 2023
bisnis dengan pendekatan menyeluruh comprehensive approach to organizational
29 November 2023 terhadap ketahanan organisasi. Standar ini resilience. This standard allows the Company
memungkinkan Perseroan untuk memperbarui, to update, control, and implement effective
mengendalikan dan menerapkan rencana plans to protect, respond to and reduce the
yang efektif dalam melindungi, merespon dan possibility of incidents as well as carry out
mengurangi kemungkinan terjadinya insiden rapid repairs if an incident occurs.
serta melakukan perbaikan yang cepat jika
terjadi insiden.
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PGE Bersama Chevron New Energies Holdings Indonesia Ltd. (Chevron)
Membentuk Joint Venture Company (JVC) PT Cahaya Anagata Energy
untuk WKP Wai Ratai
PGE Together with Chevron New Energies Holdings Indonesia Ltd.
(Chevron) Establishes Joint Venture Company (JVC) PT Cahaya Anagata
Energy for Wai Ratai WKP
Komitmen PGE bersama Chevron New PGE continues its commitment with Chevron
Energies Holdings Indonesia Ltd. (Chevron) New Energies Holdings Indonesia Ltd.
untuk mengembangkan Wilayah Kerja Panas (Chevron) to develop the Way Ratai
bumi (WKP) Way Ratai, Lampung, terus Geothermal Working Area (WKP), Lampung.
berlanjut. Sebagai wujud nyata, kedua pihak As a concrete manifestation, the two parties
membentuk Joint Venture Company (JVC) yang formed a Joint Venture Company (JVC) which
dilanjutkan dengan pengurusan Izin Panas was followed by processing a Geothermal
Bumi (IPB) serta perizinan lainnya. Permit (IPB) and other permits.
Hal ini disampaikan pada acara This was conveyed at the signing of the deed of
penandatanganan akta pendirian PT Cahaya establishment of PT Cahaya Anagata Energy
6 Desember 2023 Anagata Energy yang dilaksanakan di Grha which was held at Grha Pertamina, Jakarta,
6 December 2023 Pertamina, Jakarta, Rabu (6/12/2023). Wednesday (6/12/2023). The signing
Acara penandatanganan akta pendirian ini ceremony for the deed of establishment was
dilakukan oleh perwakilan Chevron New carried out by representatives of Chevron New
Energies Holdings Indonesia Ltd. Siddharth Energies Holdings Indonesia Ltd. Siddharth
ain dan irektur tama P PGE ulfi adi dan ain and P PGE President irector ulfi adi
disaksikan oleh Chevron Indonesia Country and witnessed by Chevron Indonesia Country
Manager Wahyu Budiarto serta PTH. Direktur Manager Wahyu Budiarto and PTH. President
Utama Pertamina New & Renewable Energy Director of Pertamina New & Renewable
(PNRE) Said Reza Pahlevy. Energy (PNRE) Said Reza Pahlevy.
PGE Meraih Peringkat Skor 8,4 (Negligible Risk) dari Lembaga Rating
Independen Internasional Sustainalytics, Menjadi Perusahaan dengan
Risiko ESG Terendah Nomor 3 di Dunia untuk Industri Utilities
PGE Achieves a Rating Score of 8.4 (negligible risk) from the Independent
International Rating Agency Sustainalytics, Making it the Company with
the Lowest ESG Risk Ranked 3rd in the World for Utilities Industry
Perseroan mendapatkan peringkat ESG The Company received an ESG rating of
8.4 (Negligible Risk) dari Morningstar 8.4 (Negligible Risk) from Morningstar
Sustainalytics yang merupakan lembaga Sustainalytics, the world’s leading
penelitian, pemeringkatan dan penyedia independent Environmental, Social and
data Environmental, Social dan Governance Governance (ESG) research, ranking and
(ESG) independen terkemuka di dunia. data provider. Sustainalytics’ ESG Ratings
Peringkat ESG dari Sustainalytics mengukur measure a Company’s exposure to material
eksposur Perusahaan terhadap risiko ESG ESG risks and how well the Company
yang material dan seberapa baik Perusahaan manages those risks. Negligible Risk indicates
mengelola risiko tersebut. Negligible Risk that the Company’s risk related to ESG is so
mengindikasikan risiko Perusahaan terkait ESG small that it can be ignored.
yang sangat kecil sehingga dapat diabaikan.
8 Desember 2023
Dengan skor ini PGE menjadi perusahaan With this score, PGE prides itself as the
8 December 2023 dengan tingkat risiko ESG terendah nomor 3 Company with the lowest ESG risk level ranked
dari 709 perusahaan di industri Utilities dan 3rd out of 709 companies in the Utilities
posisi 129 dari 15.930 perusahaan di dunia industry and 129th out of 15,930 companies
yang diperingkat oleh Sustainalytics. in the world ranked by Sustainalytics.
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Ikhtisar Kinerja
Performance Summary
Groundbreaking Pembangunan Pembangkit Listrik Tenaga Panas Bumi Lumut
Balai Unit 2
Groundbreaking for the Construction of the Lumut Balai Geothermal Power
Plant Unit 2
PGE terus membuktikan komitmennya untuk PGE continues its commitment to developing
mengembangkan potensi panas bumi di geothermal potential in Indonesia, which this
Indonesia, yang kali ini diwujudkan melalui time was realized through the groundbreaking
groundbreaking proyek Pembangkit Listrik of the Lumut Balai Geothermal Power Plant
Tenaga Panas Bumi (PLTP) Lumut Balai Unit 2 (PLTP) Unit 2 project in Muara Enim Regency,
di Kabupaten Muara Enim, Sumatera Selatan. South Sumatra.
Proyek Lumut Balai Unit 2 dikelola melalui The Lumut Balai Unit 2 project is managed
kolaborasi antara Indonesia dengan through collaboration between Indonesia
negara negara ndo Pasifik, yaitu epang and ndo Pacific countries, namely apan
19 Desember 2023
dan Tiongkok. PGE bekerja sama dengan and China. PGE collaborates with three
19 December 2023 tiga perusahaan dari Jepang, China, dan companies from Japan, China, and Indonesia,
Indonesia, yaitu Mitsubishi Corporation, namely Mitsubishi Corporation, SEPCO III
SEPCO III Electric Power Construction Co, Ltd. Electric Power Construction Co, Ltd. (SEPCO
(SEPCO III), dan PT Wijaya Karya (Persero) III), and PT Wijaya Karya (Persero) Tbk.
Tbk.
PGE Raih Anugerah PROPER Emas ke-13
PGE Wins 13th Gold PROPER Award
PGE terus membuktikan keunggulannya PGE continues to prove its excellence in
dalam pengelolaan aspek lingkungan dan managing environmental and social aspects
sosial dalam operasional bisnis. Keunggulan in business operations. This excellence is
tersebut tercermin dari penganugerahan tiga reflected in the achievement of three Gold
PROPER Emas untuk Area Kamojang, Ulubelu, PROPER Awards for the Kamojang, Ulubelu,
dan Lahendong, serta satu PROPER Hijau and Lahendong Areas, as well as one Green
untuk Area Karaha. PROPER Award for the Karaha Area.
Bagi Area Kamojang sendiri anugerah For the Kamojang Area alone, PGE
PROPER Emas ini sudah yang ke-13 kali secara won the Gold PROPER award for the 13
berturut-turut diberikan oleh Kementerian consecutive times by the Ministry of the
Lingkungan Hidup dan Kehutanan (KLHK). Environment and Forestry. This year the
20 Desember 2023 Tahun ini penganugerahan PROPER Emas Gold PROPER award was conferred by the
20 December 2023 disampaikan oleh Wakil Presiden Republik Vice President of the Republic of Indonesia
Indonesia Prof. Dr. K.H. Ma’ruf Amin, Prof. Dr. K.H. Ma’ruf Amin, while Green
sementara PROPER Hijau diberikan oleh Wakil PROPER award was conferred by the Deputy
Menteri Lingkungan Hidup dan Kehutanan Minister of the Environment and Forestry, Alue
(KLHK), Alue Dohong. Dohong.
Penghargaan ini diberikan di Jakarta dan This award was conferred in Jakarta and
diterima langsung oleh Direktur Utama received directly by the President Director of
Subholding PNRE Dannif Utojo Danusaputro PNRE Subholding Dannif Utojo Danusaputro
dan irektur tama PGE ulfi adi. and the President Director of PGE Julfi Hadi
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LAPORAN
DEWAN
KOMISARIS
report of
the board of commissioners
SARMAN SIMANJORANG
Komisaris Utama/Komisaris Independen
President Commissioner/Independent Commissioner
Tahun 2023 merupakan tahun yang
dinamis bagi PT Pertamina Geothermal
Energy Tbk (PGE), seiring keberhasilan
Perseroan menerapkan berbagai
strategi dan inisiatif untuk meningkatkan
nilai perusahaan (corporate values),
memperkuat fundamental bisnis, serta
mengembangkan bisnis secara kompetitif.
2023 marked a significant milestone for
PT Pertamina Geothermal Energy Tbk
(PGE), with the Company successfully
implementing various strategies and
initiatives to enhance corporate values,
strengthen business fundamentals, and
develop competitive business.
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Pada tahun 2023 PGE mencatat sejarah baru dengan In 2023, PGE made a new history by becoming a
menjadi perusahaan terbuka, melalui Penawaran Umum public company through an Initial Public Offering (IPO)
Saham Perdana atau Initial Public Offering (IPO) 25% of 25% of its shares, where 15% of the total acquired
saham, yang terdiri dari 15% saham kepada strategic by Masdar Indonesia Solar Holdings RSC Limited and
investor Masdar Indonesia Solar Holdings RSC Limited, the remaining 10% sold to the public. PGE’s IPO was a
dan 10% saham ke masyarakat atau publik. IPO PGE success and recorded as one of the IPOs with the highest
berjalan sukses dan tercatat sebagai salah satu IPO value at Rp9.06 trillion in 2023 on the Indonesia Stock
tahun 2023 dengan nilai tertinggi di Bursa Efek Indonesia Exchange.
sebesar Rp9,06 triliun.
Menurut pandangan kami, dengan menjadi perusahaan In our view, by becoming a public company the
terbuka Perseroan akan berbisnis dengan lebih Company will do business more responsibly through
bertanggung jawab melalui penerapan tata kelola the implementation of good corporate governance,
perusahaan yang baik, penguatan integritas bisnis, strengthening business integrity, and implementing
serta implementasi aspek keberlanjutan di seluruh proses sustainability aspects across the business value chains.
bisnis.
Dewan Komisaris menilai, di tahun 2023 Direksi telah The Board of Commissioners acknowledged that in
berhasil mengelola Perseroan secara berkesinambungan, 2023 the Board of Directors had successfully managed
dengan tidak hanya mencatatkan pertumbuhan kinerja, the Company in a sustainable manner, by not merely
namun juga menerapkan kepatuhan yang tinggi terhadap recording performance growth, but also implementing
hukum dan etika, sembari memberikan dampak yang high compliance with laws and ethics while bringing a
positif kepada lingkungan dan masyarakat. positive impacts on the environments and societies.
Direksi juga telah berhasil mengatasi The Board of Directors has also succeeded in addressing
berbagai tantangan yang ada melalui pengelolaan the existing challenges through risk management and
manajemen risiko dan eksekusi strategi yang tepat strategy execution that is on target, as well as adaptive
sasaran, serta adaptif terhadap peluang-peluang to business development opportunities that pose the
pengembangan bisnis yang berpotensi meningkatkan potential to improve the Company’s performance.
kinerja Perseroan.
Sepanjang tahun 2023, Dewan Komisaris memberikan During 2023, the Board of Commissioners provided
masukan dan arahan kepada Direksi, termasuk dalam input and direction to the Board of Directors, including
upaya memitigasi risiko dan meraih peluang dari dinamika in efforts to mitigate risks and seize opportunities from
perekonomian dan industri. Dalam melaksanakan tugas economic and industry dynamics. In performing its duties
dan pengawasan, Dewan Komisaris dibantu oleh and supervisory, The Board of Commissioners, assisted by
Komite di bawah Dewan Komisaris dalam menjalankan the committees under the Board of Commissioners, also
pengawasan terhadap pengelolaan perusahaan yang performed its oversight function on the management of the
dilakukan oleh Direksi, khususnya dalam hal penerapan Company carried out by Board of Directors, particularly
strategi, tata kelola, dan keberlanjutan. related to strategy implementation, governance, and
sustainability.
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Tinjauan Perekonomian dan Industri Economic and Industry Overviews
Perekonomian Indonesia tahun 2023 bertumbuh kuat Indonesia’s economy in 2023 grew strongly at 5.05%,
di posisi 5,05%, walau sedikit melambat dibandingkan despite slightly slower than in 2022 at 5.31%. Data from
tahun 2022 yang sebesar 5,31%. Menurut Badan Statistics Indonesia (BPS) revealed that economic growth
Pusat Statistik (BPS), pertumbuhan ekonomi didorong was driven by strengthened household consumption,
oleh penguatan konsumsi rumah tangga, investasi, dan investment, and e ports. n ation in 3 as controlled
ekspor. n asi tahun 3 terkendali di angka , 1 , at . 1 , ell belo the . 1 in ation in .
jauh di ba ah in asi tahun yang sebesar , 1 .
Meski demikian, terjadi perlambatan ekonomi global Nevertheless, there is a slowdown in the global economy
di kisaran 3% (2022: 3,3%), akibat dari peningkatan at around 3% (2022: 3.3%) due to escalating geopolitical
tensi geopolitik yang memengaruhi tingkat penawaran tensions affecting the world’s supply and demand levels,
dan permintaan dunia, serta dinamika negara-negara as well as the dynamics of developed countries such as
maju seperti Amerika Serikat dan Tiongkok yang masih the United States and China that are still grappling with
bergulat dengan masalah in asi dan kenaikan suku in ation and rising interest rates.
bunga.
Kondisi ekonomi domestik yang positif mendorong The country’s positive domestic economy has encouraged
tingkat mobilitas masyarakat dan industri yang berujung the level of mobility of the community and industry
pada peningkatan kebutuhan energi nasional, termasuk which leads to an increase in national energy demand,
Energi Baru Terbarukan (EBT), meski porsinya masih including New Renewable Energy (NRE), of which the
sangat kecil. Menurut Kementerian Energi dan Sumber portion is still very low. According to data from the
Daya Mineral (ESDM), bauran EBT hingga akhir tahun Ministry of Energy and Mineral Resources (MEMR), the
2023 adalah 13,1%, dengan target bauran 17-19% di NRE mix until the end of 2023 was 13.1%, with a target
tahun 2025. mix of 17-19% by 2025.
Bauran EBT yang belum optimal terutama terjadi karena The non-optimal mix of renewable energy mainly occurred
harga yang belum bersaing dengan energi berbasis fosil, due to prices that are not yet competitive with fossil-based
mengingat Indonesia belum menerapkan pajak karbon energy, considering that Indonesia has not implemented a
atau pajak yang dikenakan terhadap pembakaran carbon tax or tax imposed on the burning of fossil-based
bahan bakar berbasis fosil. Dengan demikian harga fuels. Thus, the price of NRE is still higher than fossil fuels’.
EBT masih lebih mahal dibandingkan bahan bakar fosil. Another problem is that the technology and supply chain
Permasalahan lainnya, teknologi dan rantai pasok EBT of NRE have not yet developed in Indonesia.
belum berkembang di Indonesia.
Namun demikian, kami optimis pemerintah akan Nevertheless, we are optimistic that the government will
terus mendorong peningkatan bauran EBT, termasuk continue to encourage an increase in the renewable
geotermal, untuk mendukung ketahanan energi energy mix, including geothermal, to support energy
dalam mencapai target nol emisi atau Net Zero security in achieving Indonesia’s and the world’s Net
Emission (NZE) Indonesia dan dunia di tahun 2060. Zero Emission (NZE) target by 2060. Geothermal will
Geotermal akan menjadi salah satu andalan energi hijau remain one of the mainstays of domestic green energy,
domestik, mengingat potensi sumber daya yang sangat given the enormous resource potential in the country.
besar di Indonesia.
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Penilaian terhadap Kinerja Direksi Assessment of the Board of Directors’
Performance
Dewan Komisaris mempertimbangkan beberapa aspek The Board of Commissioners considers several aspects
dalam menilai kinerja Direksi, seperti pencapaian in assessing the performance of the Board of Directors,
realisasi Rencana Kerja dan Anggaran Perusahaan such as the realization of the Company’s Work Plan
(RKAP) dan parameter Indikator Kinerja Utama atau Key and Budget (RKAP) and Key Performance Indicators
Performance Indicators (KPI). Selain itu, penerapan tata (KPI) parameters. Additionally, the implementation of
kelola, keberlanjutan, serta kepatuhan terhadap hukum governance, sustainability, and compliance with the law
juga menjadi aspek penting yang kami perhitungkan. are also important aspects that deserve our attention.
Kami menilai, Direksi telah mengelola Perseroan We assessed that the Board of Directors effectively
dengan baik di tahun 2023. Dewan Komisaris terutama managed the Company throughout 2023. The Board of
mengapresiasi keberhasilan IPO PGE yang mengalami Commissioners particularly appreciated the success of
kelebihan permintaan (oversubscribed) hingga 3,81 the PGE’s IPO, which was oversubscribed by 3.81 times,
kali, mengindikasikan tingkat kepercayaan investor yang indicating a high level of investor confidence in PGE s
tinggi akan kinerja dan prospek PGE di masa mendatang. performances and future prospects.
Direksi juga telah melakukan langkah yang diperlukan The Board of Directors also took essential measures in
dalam menjalankan Rencana Jangka Panjang executing the Company’s Long-Term Plan (RJPP) for the
Perusahaan (RJPP) 2020-2024 yang bertumpu kepada period of 2020-2024, which revolves around three
tiga fokus utama, yaitu: Managing Base yang berfokus main focuses: Managing Base (which emphasizes
kepada pengembangan aset yang dimiliki, Stepping asset-owned development), Stepping Out (involving
Out dengan co-generation atau proses creating value co-generation or value creation processes for existing
dari bisnis yang sudah berjalan, serta Business Transition businesses), and Business Transition through the
melalui pengembangan bisnis-bisnis di luar geotermal. development of businesses beyond geothermal.
Hasilnya, PGE berhasil mencatat kinerja operasional dan As a result, PGE successfully achieved stellar operational
keuangan yang sangat baik pada tahun 2023, dengan and financial performance in 3, ith all achievements
seluruh pencapaian melampaui target RKAP 2023. Hal surpassing the targets set in the 3 RKAP. his re ects
ini mencerminkan keberhasilan dari strategi dan kebijakan the success of the strategic strategies and policies
strategis yang disusun dan dijalankan oleh Direksi. formulated and implemented by the Board of Directors.
Produksi uap setara listrik selama tahun 2023 mencapai During 2023, steam production equivalent to electricity
4.734,57 GWh, atau 4,66% di atas target RKAP 2023 reached 4,734.57 GWh, which is 4.66% above the
yang sebesar 4.523,58 GWh. Total produksi naik 2023 RKAP target of 4,523.58 GWh. Total production
2,27% dari posisi tahun 2022 yang sebesar 4.629,59 increased by 2.27% from the 2022 position of 4,629.59
GWh. Pendapatan Usaha dari segmen produksi uap dan GWh. Revenues from the steam and electricity productions
listrik yang dikelola sendiri (own-operation) selama tahun (owned-operation segment) during 2023 amounted to
2023 mencapai USD406,29 juta, naik 5,24% dari tahun USD406.29 million, representing a 5.24% increase from
2022 yang sebesar USD386,07 juta. 2022, which stood at USD386.07 million.
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Pendapatan Usaha terealisasi 6,9% di atas target The realization of revenue stood at 6.9%,
RKAP yang sebesar USD380,83 juta. Adapun Laba above the target set in the RKAP of USD380.83
Tahun Berjalan yang Diatribusikan kepada Pemilik million. he Profit for the ear Attributable to
Entitas Induk naik dari USD127,34 juta di tahun the Owners of the Parent Entity increased from
2022 menjadi USD163,59 juta di tahun 2023, USD127.34 million in 2022 to USD163.59 million
dengan realisasi target RKAP sebesar 109,04% in 2023, achieving 109.04% of the RKAP target.
Eksekusi strategi yang tepat seperti optimalisasi The execution of appropriate strategies, such as
Pembangkit Listrik Tenaga Panas Bumi (PLTP), optimizing Geothermal Power Plant (PLTP) operations,
percepatan jumlah hari pemeliharaan atau maintenance, accelerating the number of maintenance days, and
serta pengelolaan jadwal maintenance di harga managing maintenance schedules at the lowest
komoditas terendah, membuat Perseroan dapat commodity prices, has allowed the Company to
mengoptimalkan produksi pada saat harga komoditas optimize production during periods of high commodity
tinggi yang berujung kepada peningkatan pendapatan. prices, resulting in increased revenue.
Pada tahun 2023 Perseroan juga mencatat pendapatan In 2023, the Company also recorded revenue from
dari penjualan karbon kredit di Bursa Karbon Indonesia the sales of carbon credits on the Indonesia Carbon
(IDXCarbon), di mana PGE menjadi perusahaan E change arbon , ith PGE becoming the first
penyedia karbon pertama di bursa yang baru berdiri carbon provider on the newly established exchange
pada 26 September 2023 tersebut dengan total karbon on September 26, 2023, with total carbon issuance
yang diterbitkan sebesar 483,112 TCO2eq, dari total of 483,112 TCO2eq in 2023 from total 864,209
864,209 tCO2eq Verified Carbon Unit (VCU). t O e erified arbon nit .
Meski jumlah pendapatan dari karbon kredit di tahun Although the revenue generated from carbon credits in
3 belum terlalu signifikan, kami yakin prospeknya 3 may not have been significant, e are confident
akan semakin baik di tahun-tahun mendatang seiring that its prospects will improve in the coming years
program pengurangan emisi perusahaan dan industri as the Company and industries ramp up emission
dalam mendukung target NZE Indonesia di tahun 2060. reduction programs to support Indonesia’s NZE target
by 2060.
Kami melihat Direksi berhasil menerapkan berbagai We observed that the Board of Directors successfully
inisiatif yang menopang peningkatan laba di tahun implemented various initiatives that supported
2023. Di antaranya melalui strategi penerbitan surat profit gro th in 3. Among these initiatives
utang berwawasan lingkungan (green bond) dengan was the issuance of green bonds with competitive
tingkat bunga tetap yang kompetitif, sehingga dapat fi ed interest rates, hich compensated for interest
mengompensasi volatilitas tingkat suku bunga. Selain rate volatility. Furthermore, strategically placing
itu, penempatan dana IPO pada instrumen lindung IPO funds in appropriate hedging instruments also
nilai (hedging) yang tepat juga berhasil memberikan resulted in significant foreign e change gains.
keuntungan kurs yang cukup signifikan.
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Berbagai upaya peningkatan tata kelola dan Various efforts to boost governance and sustainability
keberlanjutan juga telah terlaksana di tahun 2023. have also been put in place in 2023. The Company
Perseroan telah melengkapi organ-organ, kebijakan dan has equipped the necessary organs, policies, and
perangkat yang dibutuhkan untuk mendukung status tools to support its status as a publicly listed company,
sebagai perusahaan terbuka, seperti membentuk divisi such as establishing an Investor Relations division
Investor Relations yang bertugas menjalin hubungan tasked with fostering good relations with equity
yang baik dengan pemegang saham dan investor shareholders and bond investors. Additionally, the
obligasi. Selain itu, Perseroan juga telah menerapkan Company has implemented insider trading policies to
kebijakan informasi orang dalam (insider trading) prevent fraud in PGE stock trading with ticker PGEO.
untuk mencegah kecurangan dalam perdagangan
saham PGE yang memiliki kode saham PGEO.
Program pemberdayaan masyarakat, pelestarian We also noted that our community empowerment
lingkungan, serta upaya-upaya untuk mengatasi program, environmental conservation, and climate
perubahan iklim kami lihat juga telah berjalan dalam action are running in the right direction. It is
koridor yang tepat. Salah satu buktinya adalah evident from the achievement of Gold PROPER for
perolehan PROPER Emas yang ke 13 kali secara Kamojang Area for 13 consecutive years. PROPER is
berturut-turut untuk Area Kamojang. PROPER adalah a company performance rating assessment program
program penilaian peringkat kinerja perusahaan dalam in environmental management from Ministry of the
pengelolaan lingkungan hidup dari Kementerian Environment and Forestry, Republic of Indonesia.
Lingkungan Hidup dan Kehutanan Republik Indonesia
PROPER Emas juga didapatkan oleh Area Ulubelu In addition, Ulubelu Area and Lahendong Area also won
(dua kali berturut-turut) dan Area Lahendong the Gold PROPER rating for two consecutive years and
(pertama kali). PGE juga mendapatkan peringkat 8.4 the first time, respectively. PGE also received an ESG
(negligible risk), posisi ke tiga dari 93 perusahaan rating of 8.4 (negligible risk), ranking 3rd out of 93
dalam kategori Global Renewable Power Production companies in the Global Renewable Power Production
Sub-Industry, dari lembaga pemeringkat Environmental, Sub-Industry category, according to a global ESG rating
Social, dan Governance (ESG) dunia Morningstar firm orningstar Sustainalytics. he rating indicated
Sustainalytics. Peringkat ini mencerminkan pengelolaan that the Company has managed those ESG risks very
risiko ESG perusahaan yang sangat baik. effectively.
Kami sangat bangga dengan pencapaian-pencapaian We took pride in the achievements, which is a
tersebut, yang menjadi bukti bahwa selain menjalankan testament that the Company not only runs businesses
bisnis, Perseroan juga telah melakukan pengelolaan but also actively engages in sustainable environmental
lingkungan dan pengembangan masyarakat secara management and community development.
berkelanjutan.
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Pengawasan dan Pemberian Nasihat atas Supervision and Advisory on Strategies
Perumusan dan Implementasi Strategi Formulation and Implementation by the
oleh Direksi Board of Directors
Sepanjang tahun 2023 Dewan Komisaris telah Throughout 2023, the Board of Commissioners has
menjalankan tugas dan tanggung jawab dalam exercised its duties and responsibilities in overseeing the
menjalankan fungsi pengawasan terhadap pengelolaan supervision function and management of the Company
Perseroan yang dijalankan Direksi, termasuk mengawasi conducted by the Board of Directors, including supervising
penerapan prinsip tata kelola perusahaan, pengelolaan the implementation of corporate governance principles,
risiko, keberlanjutan, serta kepatuhan terhadap peraturan risk management, sustainability, and compliance with the
perundang-undangan. provisions of laws and regulations.
Dalam proses perumusan serta penerapan strategi dan In the process of drawing up and implementing strategies
kebijakan strategis, Direksi akan selalu berkomunikasi and strategic policies, the Board of Directors will
dan meminta masukan serta arahan dari Dewan communicate and seek input and guidance from the Board of
Komisaris sebagai pihak yang akan mengawasi jalannya Commissioners as the party responsible for overseeing the
penerapan strategi dan kebijakan strategis tersebut. implementation of these strategies and strategic policies.
Tugas Dewan Komisaris dalam melakukan proses In performing its duties in overseeing the supervisory
pengawasan dibantu oleh Komite di bawah process, the Board of Commissioners is assisted
Dewan Komisaris yaitu Komite Audit, Komite Nominasi by Committees under the Board, namely the Audit
dan Remunerasi serta Komite Investasi dan Manajemen Committee, Nomination and Remuneration Committee,
Risiko. Komite-komite tersebut membantu Dewan and Investment and Risk Management Committee. These
Komisaris dalam memperoleh informasi yang dibutuhkan, committees will assist the Board of Commissioners in
agar dapat memberikan nasihat dan masukan yang gaining any necessary information so they can provide
tepat bagi Direksi dalam pelaksanaan strategi. the proper advice and input for the implementation of
strategies to the Board of Directors.
Proses komunikasi dan koordinasi dilaksanakan secara Communication and coordination are conducted on a
rutin baik melalui proses pelaporan, diskusi, maupun regular basis through reporting processes, discussions,
rapat gabungan Dewan Komisaris dan Direksi secara and periodically through joint meetings of the Board of
berkala. Dewan Komisaris juga dapat menerima laporan Commissioners and Directors. The Board of Commissioners
langsung dari unit bisnis saat melakukan kunjungan may also receive a direct report from the business unit
operasional (management walkthrough) pada waktu during a management walkthrough while monitoring the
memonitor pelaksanaan strategi dan kebijakan strategis. implementation of strategies and strategic policies.
Sepanjang tahun 2023 terdapat 10 rapat internal Throughout 2023, there were 10 internal meetings
Dewan Komisaris, 15 rapat gabungan dengan Direksi, of the Board of Commissioners, 15 joint meetings with
dan 24 rapat gabungan dengan Komite dan atau fungsi the Board of Directors, 24 joint meetings with related
terkait. Selain itu, Dewan Komisaris telah melakukan Committees and/or functions. Furthermore, the Board of
enam kunjungan operasional selama tahun 2023. Commissioners had carried out six management site visits
during the same year.
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Beberapa persetujuan, nasihat dan saran Dewan Some of the strategic approvals, advises, and
Komisaris kepada Direksi di tahun 2023, diantaranya recommendations from the Board of Commissioners to the
mengenai rekomendasi Refinancing Bridge Loan melalui Board of Directors in 2023 included recommendations
penerbitan green bond. Rekomendasi pembiayaan for Refinancing ridge oan through the issuance of
kembali atau refinancing ini sesuai dengan eligibility green bonds. his refinancing recommendation aligned
criteria yang telah ditetapkan dalam green financing with the eligibility criteria set in the Company’s green
framework Perseroan, dan selaras dengan Green Bonds financing frame ork and complies ith the 1 Green
Principles 2021, Green Loan Principles 2021, serta Bonds Principles, 2021 Green Loan Principles, and 2018
ASEAN Green Bonds Standards 2018. Selain itu, Dewan ASEAN Green Bonds Standards. In addition, the Board
Komisaris juga memberikan persetujuan atas harga IPO of Commissioners also approved the offering price for the
saham PGE. PGE’s IPO.
Penilaian Kinerja Komite di Bawah Dewan Performance Assessment of the Committees
Komisaris under the Board of Commissioners
Dewan Komisaris melakukan penilaian Komite di bawah The Board of Commissioners conducted an assessment
Dewan Komisaris berdasarkan pencapaian KPI. Kami of the Committees under the Board of Commissioners
menilai, seluruh komite telah memberikan kinerja yang based on the achievement of the KPI. We assessed that
baik dan berhasil meningkatkan efektivitas pelaksanaan all committees have performed well and successfully
tugas dan fungsi Dewan Komisaris selama tahun 2023. enhanced the effective implementation of tasks and
functions of the Board of Commissioners during 2023.
Komite Audit telah melaksanakan fungsinya untuk The Audit Committee has exercised its functions to
mendukung pengawasan sistem pengendalian internal, support the supervision of internal control systems,
pengelolaan risiko, serta pelaksanaan audit berdasarkan risk management, and audit implementation based on
laporan pengembangan Perseroan dengan realisasi KPI the Company development report with the KPI’s
sebesar 207,83%. Komite Audit melakukan empat rapat realization of 207.83%. The Audit Committee conducted
internal dan 47 rapat gabungan, serta telah melakukan four internal meetings and 47 joint meetings as well as
tujuh kunjungan operasional selama tahun 2023. carrying out seven site visits in 2023.
Komite Investasi dan Manajemen Risiko (KIMR) telah The Investment and Risk Management Committee
membantu Dewan Komisaris dalam menelaah informasi (KMIR) has assisted the Board of Commissioners
keuangan terkait biaya investasi, biaya operasi, dan to scrutini e financial information related to investment
maintenance, termasuk mengidentifikasi dan mengelola cost, operational cost, and maintenance, including
risiko melalui lima rapat internal dan 46 rapat gabungan, to identify and manage risks through five internal
serta telah melakukan empat kunjungan operasional meetings and 46 joint meetings as well carrying
selama tahun 2023. Realisasi KPI yang diperoleh KIMR out four site visits in 2023. The KIMR received
mencapai 206,17%. a KPI score of 206.17%.
Sementara Komite Nominasi dan Remunerasi telah Meanwhile, the Nomination and Remuneration
melaksanakan fungsinya dalam melakukan tinjauan Committee has exercised its functions in conducting
secara berkala atas sistem pengelolaan talenta, a periodic review of talent management system, assisting
the performance evaluation of members of the Board of
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membantu pelaksanaan evaluasi kinerja anggota Direksi, Directors, the Board of Commissioners, and Committees
Dewan Komisaris dan Komite di bawah Dewan Komisaris, under the Board of Commissioners, and evaluating the
serta melakukan evaluasi atas struktur organisasi Company’s organizational structure with a KPI score of
Perseroan dengan pencapaian nilai KPI 170,67%. Komite 170.67%. The Nomination and Remuneration Committee
Nominasi dan Remunerasi mengadakan rapat internal conducted eight internal meetings, 35 joint meetings, as
sebanyak delapan kali, rapat gabungan sebanyak 35 well as four site visits in 2023.
kali, serta telah melakukan empat kunjungan operasional
selama tahun 2023.
Pandangan atas Penerapan Tata Kelola Performance Assessment of the Committees
under the Board of Commissioners
Sepanjang tahun 2023 Dewan Komisaris telah Throughout 2023, the Board of Commissioners
melaksanakan fungsi pengawasan pengelolaan Perseroan has carried out its function in overseeing the Board of
oleh Direksi, termasuk dalam hal penerapan tata kelola Directors’ management of the Company, including the
perusahaan atau Good Corporate Governance (GCG). implementation of Good Corporate Governance (GCG).
Kami menilai, proses transisi Perseroan dari yang Based on our assessment, the Company’s transition from a
sebelumnya perusahaan tertutup menjadi perusahaan private entity to a public company in 2023 was executed
terbuka telah berjalan dengan baik di tahun 2023. seamlessly. The Company was able to satisfy the required
Perseroan dapat memenuhi ketentuan pasar modal yang capital market provisions for public companies, such as
dipersyaratkan kepada perusahaan terbuka, seperti holding the General Meeting of Shareholders (GMS)
menyelenggarakan Rapat Umum Pemegang Saham and public expose to provide the latest information on
(RUPS) dan paparan publik untuk memberikan informasi the Company to investors and public shareholders.
terkini Perseroan kepada investor dan pemegang saham
masyarakat.
Di samping itu, kami telah melaksanakan pemantauan In addition, we have scrutinized and evaluated the aspects
serta evaluasi terhadap aspek kepatuhan peraturan of compliance with applicable laws and regulations,
perundang-undangan, penguatan integritas bisnis, strengthening of business integrity, and Code of Conduct
serta pemberlakuan Kode Etik di seluruh lini bisnis implementation in all business lines as an essential part
sebagai bagian penting dari penerapan GCG Perseroan. of the Company’s GCG implementation. The Board of
Dewan Komisaris menilai, penerapan Kode Etik telah Commissioners assessed that the Code of Conduct has
terinternalisasi dengan baik dilihat dari tidak adanya been properly internalized, as evident from zero cases
kasus pelanggaran Kode Etik maupun hukum di tahun of the Code of Conduct and legal breaches in 2023.
2023.
Kami mengapresiasi langkah yang dilakukan Direksi untuk We appreciate the measures taken by the Board of
memperkuat penerapan Kode Etik di sepanjang tahun, Directors to solidify the Code of Conduct implementation
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baik melalui pelatihan, kampanye-kampanye, maupun throughout the year, be it through training, campaigns, or
kewajiban pengisian pernyataan komitmen kepatuhan obligation for workers to make a statement of commitment
oleh pekerja terhadap Kode Etik (termasuk anti korupsi, to compliance of Code of Conduct (including anti-
gratifikasi dan benturan kepentingan di G G Online corruption, gratuities, and con icts of interest on the
System setiap bulan, dengan kepatuhan sebesar 100%. GCG Online System every month, with a compliance
rate of 100%.
Penguatan integritas bisnis, terutama terkait Strengthened business integrity, including corruption
pengendalian korupsi, gratifikasi dan benturan control, gratuities, and con icts of interest, has also been
kepentingan juga telah berjalan dengan baik. well implemented. Guidelines for bribery prevention
Panduan dalam mencegah dan mendeteksi tindakan and detection, namely Anti-Bribery Management
penyuapan yaitu Sistem Manajemen Anti Penyuapan System (ABMS) based on international standard ISO
(SMAP) berdasarkan standar internasional ISO 37001:2016, have been applied in all business processes.
37001:2016, telah teraplikasi di seluruh proses bisnis.
Sosialisasi penerapan prinsip 4 NO’s (No Bribery, The implementation of the 4 NOs principle (No Bribery,
No Kickback, No Gift, dan No Luxurious Hospitality) No Kickback, No Gift, and No Luxurious Hospitality) is
untuk mendukung penerapan SMAP dan memperkuat also disseminated through various campaigns and periodic
kesadaran pekerja PGE akan pentingnya mencegah training programs to promote SMAP implementation
tindakan korupsi, telah dijalankan melalui berbagai and reinforce awareness among PGE workers about the
program kampanye dan pelatihan secara berkala. significance of preventing acts of corruption.
Di samping itu, saluran pelaporan pelanggaran atau Furthermore, the Whistleblowing System (WBS) has
Whistleblowing System (WBS) juga telah berjalan also functioned properly in 2023, supported by multiple
dengan baik di tahun 2023, didukung oleh berbagai campaigns that encourage the use of the reporting
kampanye yang mendorong fungsi pengaduan tersebut. system. In addition to internal and external audit
Kami melihat WBS masih menjadi alat yang paling processes, we believe that the whistleblowing system is
efektif untuk mencegah, mendeteksi dan menindaklanjuti the most effective tool to prevent, detect, and follow up
terjadinya pelanggaran etika dan hukum yang dilakukan on Code of Conduct and legal breaches committed by
oleh pekerja PGE, selain dari proses audit internal dan PGE workers.
eksternal.
Pengelolaan WBS di PGE dilakukan secara terpusat oleh At PGE, the whistleblowing system is managed
Fungsi Investigation Audit, WBS, dan Fraud Prevention centrally by the Investigation Audit, WBS, and Fraud
(IWF) di induk perusahaan PT Pertamina (Persero). Prevention (IWF) Function at the parent company, PT
Selanjutnya, temuan audit operasional akan dilaporkan Pertamina (Persero). Subsequently, operational audit
kepada VP IWF melalui korespondensi resmi dan findings are reported to the P of through official
ditembuskan kepada Chief Audit Executive PT Pertamina correspondence and the copy is sent to the Chief Audit
(Persero). Jika diperlukan dan/atau dalam kondisi Executive of PT Pertamina (Persero). If necessary and/or
tertentu, aktivitas analisa awal dan audit investigasi under certain conditions, initial analysis and investigation
dapat dilimpahkan kepada Fungsi Internal Audit PGE. audit activities may be delegated to PGE Internal Audit
Function.
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Sepanjang tahun 2023 terdapat sembilan pengaduan Throughout 2023, there were nine reports of fraud and
kategori fraud dan irregulaties yang diterima oleh PGE, irregularities received by PGE, of which six reports were
di mana enam pengaduan dinyatakan closed karena closed as they ere deemed unfit for further action,
dinilai tidak layak untuk ditindaklanjuti, sedangkan tiga while the remaining three are in the waiting list stageof
sisanya dalam tahap waiting list investigasi oleh Fungsi investigation by the IWF Function of PT Pertamina
IWF PT Pertamina (Persero). (Persero).
Secara keseluruhan, kami menilai penerapan GCG Overall, we assessed that the implementation of GCG
di PGE telah berjalan secara efektif, dilihat in PGE has run effectively, as evidenced by the realization
dari realisasi implementasi kepatuhan GCG of the implementation of PGE GCG compliance in 2023
PGE di tahun 2023 berdasarkan penilaian KPI based on the assessment of the KPI for the Fourth Quarter
Triwulan IV tahun 2023 yang mencapai 107,39% of 2023 reaching 107.39% with a score of 99.87,
dengan skor 99,87, atau melebihi target 93%. exceeding the target of 93%.
Pandangan atas Penerapan Strategi Overview on the Implementation of
Keberlanjutan Sustainability Strategy
Dewan Komisaris senantiasa memasukkan pertimbangan The Board of Commissioners consistently incorporates
keberlanjutan saat menjalankan fungsi pengawasan sustainability considerations when performing oversight
maupun pemberian saran dan masukan kepada Direksi functions and providing advice and input to the Board
dalam hal pengembangan strategi, rencana bisnis, of Directors regarding the development of strategies,
hingga pengelolaan manajemen risiko. business plans, and risk management.
Kami memastikan keberlanjutan menjadi bagian dari We ensure that sustainability is integrated into all
seluruh proses bisnis yang disesuaikan dengan aspek business processes tailored to the Environmental,
Lingkungan, Sosial, dan Tata Kelola atau Environmental, Social, and Governance (ESG) aspects, as well as
Social, and Governance (ESG) serta pencapaian the achievement of Sustainable Development Goals
Tujuan Pembangunan Berkelanjutan atau Sustainable (SDGs), where business processes must work in harmony
Development Goals (SDGs), di mana proses bisnis harus with environmental sustainability and community
berjalan harmonis dengan kelestarian lingkungan dan empowerment (including employees and consumers).
pemberdayaan masyarakat (termasuk kepada pekerja
dan konsumen).
Perseroan patut berbangga bahwa implementasi The Company has every reason to be proud that the
keberlanjutan telah berjalan dengan baik di Perseroan, implementation of sustainability practices has been
dilihat dari berbagai peningkatan pencapaian successful, as evidenced by various improvements in
keberlanjutan di tahun 2023 seperti: indeks kepuasan sustainability achievements in 2023, such as: customer
pelanggan yang masuk ke dalam kategori Mutu satisfaction index falling into the category of grade A
Pelayanan A (Kinerja Sangat Puas) dengan nilai mencapai Service uality ery Satisfied Performance ith a score
96,42 (2022: 93,82), tingkat kepuasan pekerja dengan reaching 96.42 (2022: 93.82), employee satisfaction
skor 4,08 dari target 3,9% (atau tercapai 104,6%), level with a score of 4.08 from the target of 3.9% (or
hingga kejadian Lost Time Injuries turun menjadi nol achieved 104.6%), and Lost Time Injuries fell to zero
kejadian (2022: satu kejadian). incidents (2022: one incident).
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Pengelolaan dampak perubahan iklim seperti The management of the impacts of climate change, such
pengurangan emisi dan efisiensi energi juga berjalan as emission reduction and energy efficiency, also runs
efektif. Pada tahun 2023, emisi cakupan 1 dan 2 yang effectively, as evident from emissions from Scopes 1 and
dihasilkan Perseroan lebih rendah 25% dibandingkan 2 in 2023 generated were 25% lower than in 2022.
tahun 2022. Sementara untuk emisi cakupan 3 As for scope 3 emissions, there was an increase due to
mengalami kenaikan sehubungan penambahan kategori the addition of the calculated emission source categories.
sumber emisi yang dihitung.
Mengingat area operasional PGE banyak bersinggungan Considering that PGE's operational areas intersect
dengan wilayah konservasi, kami terus melakukan with conservation areas, we consistently make various
berbagai upaya untuk melindungi keanekaragaman efforts to protect biodiversity around the operational
hayati di sekitar lingkungan operasional. Contohnya, environment. For example, the Kamojang Eagle
Pusat Konservasi Elang Kamojang (PKEK) yang Conservation Center (PKEK), which serves as a rescue,
merupakan pusat penyelamatan, pelepasliaran, release, rehabilitation, and education center specifically
rehabilitasi, serta edukasi khusus satwa elang terutama for eagle species, especially the Javanese Hawk-Eagle,
spesies Elang Jawa yang telah berstatus endangered hich has been classified as endangered according to
berdasarkan data The IUCN Red List of Threatened the IUCN Red List of Threatened Species. Through PKEK,
Species. Melalui PKEK, kami telah merehabilitasi we have rehabilitated 358 eagles since the program
358 elang sejak program ini berjalan di tahun 2014. began in 2014.
PGE juga telah menjalankan berbagai program Various community empowerment programs have
pemberdayaan masyarakat yang memberikan dampak also been implemented by PGE and have successfully
positif bagi masyarakat di lingkungan operasional PGE. provided positive impacts on communities in PGE’s
Misalnya melalui program NENG ELIE atau Nurturing operational environment. For instance, through the
the Environment Through Kamojang Green Living NENG ELIE program or Nurturing the Environment
Ecosystem yang merupakan program inovasi ekosistem Through Kamojang Green Living Ecosystem, which is an
pemberdayaan masyarakat yang ramah lingkungan. innovative community empowerment ecosystem program
that is environmentally friendly.
Dengan poros utama pemanfaatan energi bersih yang With the primary axis of sustainable clean energy
berkelanjutan, program ini melakukan berbagai inovasi utilization, this program has introduced various
seperti penggunaan motor listrik yang sumber listriknya innovations such as the use of electric motors powered by
dari PLTP, inovasi bank sampah, hingga subsidi layanan geothermal power plants (PLTP), waste bank innovations,
kesehatan. Program NENG ELIE ini telah mengantarkan and subsidies for healthcare services. The NENG ELIE
PROPER Emas bagi PGE selama 13 tahun berturut-turut. program has resulted in PGE receiving the Gold PROPER
award for 13 consecutive years.
Di luar itu, kami juga banyak menerima penghargaan Apart from that, we have also received numerous awards
terkait prestasi di bidang keberlanjutan seperti, for achievements in sustainability, such as the Indonesia
Indonesia Green Awards, Annual Global CSR & ESG Green Awards, the Annual Global CSR & ESG Summit
Summit and Awards 2023, ASEAN Energy Awards and Awards 2023, the ASEAN Energy Awards 2023
2023 dari ASEAN Center for Energy (ACE), ESG from the ASEAN Center for Energy (ACE), the ESG
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Disclosure Transparency Award 2023 dengan predikat Disclosure Transparency Award 2023 with the Leadership
Leadership A dari Bumi Global Karbon Foundation, serta A predicate from the Global Carbon Foundation, and
penghargaan-penghargaan lainnya. various other awards.
Kami mengapresiasi strategi keberlanjutan yang telah We appreciate the sustainable strategy that has
berjalan secara berkesinambungan dengan proses bisnis been consistently integrated into the Company’s
Perseroan. Ke depannya, kami berharap prestasi yang business processes. Moving forward, we hope that the
telah diraih saat ini dapat dicapai secara merata di achievements attained thus far can be evenly realized
seluruh area PGE. across all areas of PGE.
Pandangan atas Prospek Usaha yang Outlook on Business Prospects Formulated
Disusun Direksi by the Board of Directors
Beberapa lembaga internasional memprediksi bahwa Several international institutions have predicted that the
perlambatan ekonomi global masih akan berlanjut global economic slowdown will continue to prevail in
di tahun 2024 karena kondisi geopolitik yang penuh 2024 due to uncertain geopolitical situations and the
ketidakpastian, serta dinamika negara-negara di dunia dynamics of countries worldwide resulting from high
akibat dari in asi tinggi dan kenaikan suku bunga. in ation and rising interest rates.
Bank Dunia misalnya, hanya menargetkan pertumbuhan The World Bank, for example, only projected global
ekonomi global di level 2,4%, turun dari posisi 2022 economic growth at 2.4%, a drop from its position of 3.3%
yang mencapai 3,3%. Sementara Dana Moneter in 2022. Meanwhile, in January 2024, the International
Internasional atau International Monetary Fund (IMF) Monetary Fund (IMF) raised its projection to 3.1% (from
pada Januari 2024 menaikkan proyeksinya ke level 3,1% the previous 2.9%), supported by predictions of a faster
(dari sebelumnya 2,9%) ditunjang prediksi penurunan decline in in ation in several countries.
in asi yang lebih cepat di beberapa negara.
Di dalam negeri, pemerintah optimis dapat meraih target Domestically, the Government is upbeat that it can
pertumbuhan ekonomi 5,2% di tahun 2024, didukung achieve its economic growth target of 5.2% in 2024,
oleh fundamental ekonomi yang baik serta sejarah backed by sound economic fundamentals and a realm of
pertumbuhan ekonomi nasional yang telah mencatatkan national economic growth clocking in above 5% for seven
angka di atas 5% selama tujuh kuartal berturut-turut. consecutive quarters.
Kami sependapat dengan pandangan Direksi bahwa We concur with the Board of Directors’ outlook that
kondisi perekonomian domestik yang positif akan a favorable domestic economic condition will drive
mendorong kebutuhan energi nasional, termasuk national energy demand, including new renewable
EBT. Meski tingkat bauran EBT masih berada di level energy. Although the level of new renewable energy mix
13,1% di tahun 2023, pemerintah terus berkomitmen still stood at 13.1% in 2023, the Government remains
meningkatkan pemanfaatan EBT termasuk geotermal di committed to increasing the utilization of new renewable
dalam memenuhi kebutuhan energi nasional. energy, including geothermal, to cater to national energy
demand.
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Dengan potensi geotermal yang mencapai 23 gigawatt With geothermal potential reaching 23 gigawatts (GW)
(GW) (menurut data Kementerian Energi dan Sumber (according to data from Ministry of Energy and Mineral
Daya Mineral tahun 2022), serta total kebutuhan listrik Resources in 2022), and Indonesia’s total electricity
Indonesia yang sebesar 257 terawatt per hour (TWh), demand of 257 terawatt hours (TWh), PGE’s future
maka peluang pertumbuhan PGE di masa depan masih growth opportunities are wide open.
sangat terbuka.
Meski demikian kami harus tetap mewaspadai However, we must remain vigilant of the effects of
efek dari kondisi geopolitik yang tidak menentu dan prolonged geopolitical uncertainties that could affect
berkepanjangan yang dapat memengaruhi penawaran global supply and demand for a long time and slow
dan permintaan dunia dalam waktu yang lama, serta down the world’s energy transition to new renewable
memperlambat transisi energi dunia ke EBT sebagai energy in pursuit of zero emission targets. Interest rate
pencapaian target NZE. Volatilitas suku bunga serta volatility and uctuations in foreign currency e change
uktuasi kurs mata uang asing terutama dolar Amerika rates, especially the US Dollar and Yen, also need to be
Serikat (USD) dan Yen juga perlu diwaspadai karena monitored as they will affect the Company’s costs.
akan memengaruhi beban biaya yang harus ditanggung
Perseroan.
Secara internal Perseroan terus memperkuat aset yang Internally, the Company continued to reinforce its
telah dimiliki, termasuk melakukan langkah-langkah assets, including expansion measures for geothermal
ekspansi pengembangan potensi panas bumi. Kami potential development. We provided full support for
memberikan dukungan penuh atas langkah-langkah the expansion measures taken by the Board of Directors
ekspansi yang dilakukan Direksi di tahun 2023, in 2023, including through strategic partnerships with
di antaranya melalui kemitraan strategis dengan companies at home and abroad such as cooperation
perusahaan di dalam maupun di luar negeri, seperti in development of Way Rayai (Lampung), Kotamobagu
kerja sama pengembangan bisnis di proyek Way (North Sulawesi), Kenya and Turkey. The Company
Ratai (Lampung), Kotamobagu (Sulawesi Utara), is also going to develop secondary products and
Kenya, dan Turki. Perseroan juga melakukan kerja technology such as green hydrogen jointly with
sama pengembangan produk turunan (secondary TEPCO-NEDO, carbon credit with Pertamina NRE and
product) dan teknologi seperti green hydrogen bersama ESP Pump together with Schlumberger.
TEPCO-NEDO, kredit karbon bersama Pertamina NRE,
dan Teknologi ESP Pump bersama Schlumberger.
Selain itu, upaya peningkatan aset portofolio Perseroan In addition, efforts to increase the Company’s portfolio
juga terus dilakukan melalui pengembangan fasilitas dan assets also continued through the development of facilities
infrastruktur untuk mengalirkan uap panas ke pembangkit and infrastructure to deliver hot steam to power plants in
listrik di beberapa unit yang telah dikembangkan, several units that have been developed, including those
antara lain di area Lumut Balai unit 2, Hululais, serta in the Lumut Balai area unit 2, Hululais, reactivating
reaktivasi area Sibayak. Kami yakin langkah-langkah Sibayak area and Sungai Penuh. e are confident that
pengembangan di atas akan menyokong pertumbuhan the development initiatives above will support PGE’s
PGE ke depan. growth going forward.
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Dewan Komisaris juga mendukung strategi Direksi The Board of Commissioners also supported the Board of
dalam penerapan teknologi binary atau biner Directors’ strategy in the application of binary technology,
yang pilot project-nya telah berjalan dengan baik with pilot projects running well at PGE’s Geothermal
di WKP PGE di Lahendong, Kota Tomohon, Sulawesi Working Area (WKP) in Lahendong, Tomohon City, North
Utara sejak tahun 2022. Teknologi yang memungkinkan Sulawesi since 2022. This technology, which allows the
Perseroan untuk memproduksi tenaga listrik tambahan Company to produce additional electricity by utilizing
dengan memanfaatkan uida panas hot fluid) yang the hot uid that accompanies geothermal steam, has
menyertai uap panas bumi ini telah mendukung supported the operations of the Lahendong WKP with a
operasional WKP PGE Lahendong dengan kapasitas 500 kW capacity (net).
sebesar 500 kW (net).
Kami optimis penerapan teknologi biner ini akan berperan We are optimistic that the implementation of this
penting di dalam pertumbuhan kinerja PGE, mengingat binary technology ill play a significant role in PGE s
potensi penambahan kapasitas listrik per unit hingga performance growth, given the potential for additional
, tergantung dari karakter uida panas. Selain itu, electricity capacity per unit of up to 40%, depending on
proyek biner ini tidak memerlukan investasi tambahan the characteristics of the hot uid. Also, this binary project
untuk eksplorasi, sehingga mengurangi risiko-risiko yang does not require additional investment for exploration,
harus ditanggung Perseroan dari proses eksplorasi. thereby reducing risks the Company must bear from the
exploration processes.
Dewan Komisaris sependapat dengan Direksi bahwa The Board of Commissioners agreed with the Board of
penguatan manajemen risiko sangat diperlukan dan Directors that strengthening risk management is crucial
akan membantu Perseroan dalam menghadapi dinamika and will assist the Company in facing the dynamics of
perubahan yang mungkin terjadi. Arahan dan kebijakan possible changes. Risk management directions and
pengelolaan risiko berjalan secara tone from the top, policies are executed in the tone from the top through
melalui pelaporan rutin dan pembahasan di tingkat routine reporting and discussions at the Board of
Dewan Komisaris dan Direksi. Commissioners and Directors level.
Pengelolaan lingkungan, pemberdayaan masyarakat, Environmental management, community empowerment,
serta penerapan keselamatan dan kesehatan kerja and the implementation of occupational health and
akan terus menjadi prioritas PGE dalam menjalankan safety remain PGE’s top priorities in running businesses,
bisnis, termasuk pelibatan Teknologi Informasi (TI) dan including the leverage of information technology and
keamanan siber yang menjadi keharusan di dalam cyber security, which are imperative in today’s business
proses bisnis di masa kini. Seluruhnya terintegrasi di processes. All of them are integrated in the business line
dalam lini bisnis dan akan berjalan sebagai hal lumrah and will run as a common thing which must be carried out
yang memang harus dilakukan di dalam proses bisnis. in the business process.
Terkait pengelolaan perubahan iklim yang dampaknya Regarding the management of climate change,
kini semakin terasa di seluruh dunia, Dewan Komisaris the escalating impacts of which are felt across the
bersama Direksi akan berupaya memitigasi risiko world, the Board of Commissioners and Directors
perubahan iklim, khususnya yang berpotensi are striving to mitigate the risks of climate change,
memengaruhi kinerja Perseroan. Dewan Komisaris akan particularly those that potentially affect the Company’s
mengarahkan agar strategi mitigasi risiko perubahan performance. The Board of Commissioners will direct
iklim dituangkan di dalam RJPP. climate change risk management strategies to be
included in the Company Long Term Plan (RJPP).
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Dewan Komisaris menilai, prospek usaha yang telah The Board of Commissioners assessed that the business
disusun oleh Direksi telah selaras dengan visi dan misi PGE prospects prepared by the Board of Directors are
untuk menjadikan Perseroan sebagai perusahaan energi aligned with PGE’s vision and mission to make the
hijau berstandar dunia melalui pengembangan dan Company a world-class green energy company through
optimalisasi pengelolaan end-to-end potensi panas bumi the development and optimization of end-to-end
serta produk turunannya. Meski demikian, diperlukan management of geothermal potential and its derivative
penerapan strategi yang tepat serta kolaborasi dengan products. Nevertheless, It takes appropriate strategies
berbagai mitra strategis untuk mewujudkannya. and collaboration with various strategic partners to
materialize it.
Perubahan Komposisi Dewan Komisaris Changes in the Board of Commissioners’
Composition
Pada tahun 2023 terdapat perubahan susunan Dewan In 2023, there were changes in the composition of the
Komisaris, yaitu memberhentikan dengan hormat Board of Commissioners, namely the honorable dismissal
Bapak Iman Hilmansah dari jabatannya sebagai of Mr. Iman Hilmansah from his position as the Company
Komisaris Perseroan melalui Keputusan Pemegang Commissioner based on the resolutions of the General
Saham secara Sirkuler (KPSS) tanggal 13 Januari Meeting of Shareholders dated January 13, 2023, and
2023, dan pengunduran diri Bapak Samsul Hidayat the resignation of Mr. Samsul Hidayat from his position as
dari jabatannya sebagai Komisaris Independen Independent Commissioner, which was approved at the
yang disetujui pada Rapat Umum Pemegang Annual General Meeting of Shareholders (AGMS) on
Saham Tahunan (RUPST) tanggal 5 Juni 2023. June 5, 2023. We offer heartfelt thanks and expressed
Kami mengucapkan terima kasih dan menghaturkan high appreciation to Mr. Iman Hilmansyah and Mr.
apresiasi yang tinggi atas kontribusi Bapak Iman Samsul Hidayat for his dedication during his tenure at
Hilmansah dan Bapak Samsul Hidayat selama menjabat PGE.
di PGE.
RUPST tanggal 5 Juni 2023 juga memutuskan Annual General Meeting of Shareholders
pengangkatan Bapak Sujit S. Parhar sebagai Komisaris (AGMS) on June 5, 2023, also appointed Mr.
Independen dan Bapak Dannif Danusaputro sebagai Sujit S. Parhar as Independent Commissioner
Komisaris Perseroan, efektif sejak ditutupnya rapat. and Mr. Dannif Danusaputro as the Company
Commissioner, effective as of the end of the meeting.
Komisaris Utama/ : Sarman Simanjorang President Commissioner/ : Sarman Simanjorang
Komisaris Independen Independent Commissioner
Komisaris Independen : Sujit S. Parhar Independent Commissioner : Sujit S. Parhar
Komisaris : Dannif Danusaputro Commissioner : Dannif Danusaputro
Komisaris : Harris Commissioner : Harris
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Penutup Closing
Menutup laporan ini, saya atas nama Dewan Komisaris Concluding this report, on behalf of the Board of
mengucapkan selamat kepada Direksi, manajemen dan Commissioners, I would like to congratulate the Board
seluruh pekerja PGE atas pencapaian kinerja yang baik of Directors, management, and all PGE employees for
di tahun 2023, di tengah berbagai tantangan di ranah achieving good performance in 2023 amidst various
global dan pelaksanaan transisi bauran EBT dalam challenges in the global sphere and the implementation
kebutuhan energi nasional yang masih belum optimal. of EBT mix transition in the national energy needs which
is far from optimal.
Dewan Komisaris juga berterima kasih atas kerja sama The Board of Commissioners is also grateful for the
dan sinergi yang telah terjalin dengan seluruh pemangku cooperation and synergy that has been established
kepentingan PGE. Kami yakin peluang pertumbuhan PGE with all PGE stakeholders. We believe that PGE still
masih sangat besar didukung oleh komitmen pemerintah has huge opportunities to grow, supported by the
untuk terus meningkatkan bauran EBT, kekuatan aset yang Government’s commitment to continuously improve
dimiliki, peluang ekspansi yang luas, eksekusi strategi the EBT mix, the strength of its assets, vast expansion
yang tepat, serta proses bisnis Perseroan yang telah opportunities, the execution of appropriate strategies,
berjalan secara bertanggung jawab dan berkelanjutan. as well as the Company’s business processes that have
been in place in a responsible and sustainable manner.
Jakarta, 29 April 2024
Atas Nama Dewan Komisaris,
On Behalf of the Board of Commissioners,
Sarman Simanjorang
Komisaris Utama/Komisaris Independen
President Commissioner/Independent Commissioner
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Dannif
harris SARMAN SIMANJORANG Sujit S. Parhar Danusaputro
Komisaris Komisaris Utama/Komisaris Independen Komisaris Independen Komisaris
Commissioner President Commissioner/Independent Commissioner Independent Commissioner Commissioner
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direksi
report of
the board of directors
Julfi Hadi
Direktur Utama
President Director
Tahun 2023 adalah tahun PT Pertamina
Geothermal Energy Tbk (PGE) naik kelas
sebagai insan korporat. Sejalan dengan
visinya menjadi perusahaan energi
hijau berkelas dunia, pada tahun 2023
PGE melepas saham ke publik dengan
tujuan menjalankan bisnis dengan lebih
bertanggung jawab dan berkelanjutan.
2023 marked a milestone for PT Pertamina
Geothermal Energy Tbk (PGE) to level
up as a corporation. In line with the
Company’s vision to become a world-class
green energy Company, PGE offered its
shares to the public to run its business in a
more responsible and sustainable manner.
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Penawaran Umum Saham Perdana atau PGE's Initial Public Offering on February 24,
Initial Public Offering (IPO) PGE di harga 2023, at Rp 875 per share was successful, raised
Rp875 per saham pada 24 Februari 2023, telah about Rp9.06 trillion (USD608 million) and
terlaksana dengan sukses dengan total dana oversubscribed by 3.81 times, indicating a high
terkumpul hingga Rp9,06 triliun (USD608 juta) dan level of investors’ trust in the Company’s prospects.
mengalami kelebihan permintaan (oversubscribed)
sebanyak 3,81 kali, menunjukkan tingkat kepercayaan
investor yang tinggi terhadap prospek Perseroan.
Dengan menjadi perusahaan terbuka, PGE diharapkan PGE is expected to become a more transparent company
dapat menjadi perusahaan yang lebih transparan, by becoming a public company, thereby implementing
sehingga kami harus menerapkan tata kelola dan better governance and business integrity. The aim is to
integritas bisnis dengan lebih baik. Tujuannya agar provide more value to shareholders and stakeholders.
dapat memberikan nilai lebih kepada pemegang saham By the end of 2023, the Company's shares, under the
dan pemangku kepentingan. Hingga akhir tahun 2023, ticker PGEO, have seen a price increase of 33.71%
saham Perseroan yang berkode PGEO telah menunjukkan since listed on the Indonesia Stock Exchange (IDX) on
peningkatan harga sebesar 33,71%, sejak melantai di February 24, 2023.
Bursa Efek Indonesia (BEI) tanggal 24 Februari 2023.
Pada 27 April 2023 Perseroan menerbitkan surat On April 27, 2023, the Company issued USD400 million
utang berwawasan lingkungan (green bond) senilai green bonds, which became prominent green bond traded
USD400 juta dan menjadi prominent green bond on the Singapore Exchange Securities Trading Limited
yang diperdagangkan di bursa Singapore Exchange (SGX-ST). The issuance was oversubscribed by 8.25 times,
Securities Trading Limited (SGX-ST). Penerbitan obligasi demonstrating that global investors have high confidence
ini mengalami oversubscribed hingga 8,25 kali, menjadi in investment potentials in the geothermal sector,
bukti besarnya kepercayaan investor global terhadap especially PGE and renewable energy in Indonesia.
potensi investasi di sektor geotermal, khususnya PGE,
serta energi terbarukan di Indonesia.
PGE juga menjadi perusahaan penyedia karbon pertama PGE is also the first carbon provider company officially
di Bursa Karbon Indonesia (IDXCarbon) yang berdiri listed on the Indonesia Carbon Exchange (IDXCarbon),
tanggal 26 September 2023, guna mendukung upaya which was established on September 26, 2023, to support
perusahaan dan industri dalam mengurangi emisi karbon, efforts of companies and industries in reducing carbon
serta mendorong pencapaian target nol emisi atau Net emissions and boost the achievement of Indonesia’s Net
Zero Emission (NZE) Indonesia di 2060. Zero Emission (NZE) target by 2060.
Sepanjang tahun 2023 Perseroan telah melakukan In 2023 the Company continues to take expansion
berbagai langkah ekspansi untuk memaksimalkan aset measures to maximize our assets, create value for
yang kami miliki, meningkatkan pengembangan nilai businesses already running, and create business potential
(creating values) dari bisnis yang telah berjalan, serta for geothermal derivatives, such as green hydrogen.
menciptakan potensi bisnis produk-produk turunan
geotermal, seperti green hydrogen.
Hasilnya, PGE menutup tahun 2023 dengan catatan As a result, PGE ended 2023 with a stellar performance
kinerja yang memuaskan melalui pencapaian kinerja record through increased operational and financial
operasional dan keuangan yang seluruhnya meningkat achievements and by exceeding targets set in the 2023
dan melampaui target yang ditetapkan di dalam Company Work Plan and Budget.
Rencana Kerja dan Anggaran Perusahaan (RKAP) 2023.
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Pendapatan Usaha dari segmen produksi uap dan listrik Revenue from own operations and production allowances
yang dikelola sendiri (own operation) dan production throughout 2023 amounted to USD406.28 million or
allowance selama tahun 2023 mencapai USD406,28 increased by 5.24% from USD386.06 million in 2022.
juta, atau naik 5.24% dari pencapaian tahun 2022 ean hile, the Profit for the ear Attributed to O ners
yang sebesar USD386,06 juta. Sementara Laba Tahun of the Parent Entity grew by 28.47%from USD127.34
Berjalan yang Diatribusikan kepada Pemilik Entitas million in 2022 to USD163.59 million in 2023.
Induk naik 28.47% dari tahun 2022 yang sebesar
USD127,34 juta menjadi USD163,59 juta di tahun
2023.
Seluruh pencapaian PGE di tahun 2023 tersebut All of PGE s achievements in 3 re ected an increase
mencerminkan peningkatan nilai perusahaan (corporate in corporate values and how we level up to become a
values), dan bagaimana kami naik kelas menjadi korporasi more responsible corporation with better quality.
yang lebih berkualitas dan bertanggung jawab.
Tinjauan Perekonomian dan Industri Economic and Industrial Overview
Pertumbuhan ekonomi global hanya mencapai kisaran The global economic growth only rose by 3% in 2023,
3% di tahun 2023, sedikit melambat dibandingkan tahun slowing down slightly from 3.3% in 2022. Increased
2022 yang sebesar 3,3%. Peningkatan tensi geopolitik geopolitical tension that affected the global supplies and
yang memengaruhi tingkat penawaran dan permintaan demands as well as the dynamics of developed countries
dunia, serta dinamika negara-negara maju, menjadi were the main factors for the global economic slowdown
tantangan utama yang menyeret perlambatan ekonomi last year.
global di tahun 2023.
Amerika Serikat masih berhadapan dengan in asi di he nited States has continued to e perience in ation
atas target dan tingkat suku bunga yang tinggi, sehingga above target and high interest rate, causing an economic
memicu perlambatan ekonomi negara adidaya tersebut. slowdown in the superpower country. Likewise, China is
Demikian pula dengan Tiongkok yang masih bergulat still wrestling with economic slowdown three years after
dengan pelemahan ekonomi tiga tahun pasca pandemi the COVID-19 pandemic.
COVID-19.
Namun demikian, perekonomian Indonesia tetap Nevertheless, Indonesia’s economy has remained
tangguh di tengah perlambatan ekonomi global, resilient amidst global economic slowdown with a
dengan pertumbuhan sebesar 5,05%, walau sedikit growth of 5.05%, despite declining slightly from 5.31%
melambat dibandingkan tahun sebelumnya yaitu in the previous year. The growth was mainly propped
5,31%. Pertumbuhan terutama ditopang oleh konsumsi up by solid domestic consumption, investment, and
rumah tangga yang solid, serta investasi dan ekspor. e port. ean hile, in ation in 3 closed at . 1
Sementara in asi tahun 3 ditutup di angka , 1 Year-on-Year (YoY), much lower than the rate in 2022 at
Year-on-Year (YoY), jauh lebih rendah dibandingkan 5.51%, with BI-rate interest at the end of year remaining
in asi tahun yang sebesar , 1 , dengan posisi stable at 6%.
suku bunga BI-Rate tutup tahun stabil di 6%.
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Kondisi perekonomian domestik yang positif turut Positive domestic economy also boosted the national
mendorong kebutuhan energi nasional, seiring dengan energy demand, in line with the increasingly high
tingkat mobilitas masyarakat dan industri yang semakin mobility rate of the people and industries. However, the
tinggi. Namun, mayoritas sumber energi nasional majority of national energy sources are fossil energy,
masih berasal dari energi fosil yaitu minyak bumi dan namely crude oil and coal. The use of renewable energy
batu bara. Pemanfaatan Energi Baru Terbarukan (EBT) in the national energy mix, such as power plants, remains
di dalam bauran energi nasional seperti untuk non-optimal because the price still cannot compete
pembangkit listrik masih belum optimal, karena harganya against that of fossil energy and the development is not
yang belum bersaing dibandingkan energi fosil serta yet maximized.
pengembangannya yang belum maksimal.
Selama beberapa tahun terakhir pemerintah terus For the past several years, the Government has continued
melakukan pengembangan EBT skala besar untuk to develop renewable energy on a large scale. The
menekan biaya pembangkit listrik EBT agar dapat objective is to reduce the cost of renewable energy
lebih kompetitif. Menurut catatan Kementerian Energi power plants to make them more competitive. Data from
dan Sumber Daya Mineral (ESDM), realisasi bauran the Ministry of Energy and Mineral Resources (MEMR)
EBT pembangkit listrik hingga akhir tahun 2023 adalah revealed that renewable energy accounted for 13.1% in
sebesar 13,1%, dengan target bauran mencapai the power generation mix as of the end of 2023, with a
19% di 2025. target of 19% in 2025.
Berdasarkan data Kementerian ESDM, total kebutuhan Based on the data from the MEMR, total electricity
listrik Indonesia di tahun 2021 adalah sebesar demand in Indonesia in 2021 was 257 terawatts per
257 terawatt per hour (TWh). Sementara, potensi hour (TWh). In the meantime, Indonesia’s potential
pasokan geotermal di Indonesia mencapai 23 gigawatt geothermal supply reaches 23 gigawatts, with the
(GW), dengan wilayah sumber daya terbesar di pulau largest resources found in the islands of Java and
Jawa dan Sumatera. Dengan potensi sumber daya yang Sumatra. With such great resource potential, geothermal
begitu besar, geotermal menjadi salah satu energi hijau is one of the most reliable green energy sources for
andalan untuk bauran EBT pembangkit listrik di dalam the domestic power generation mix and it certainly
negeri, dan tentunya membuka peluang pertumbuhan creates opportunities for PGE s significant gro th.
yang besar bagi PGE di masa depan.
Hingga akhir tahun 2023, PGE memiliki hak atas As of the end of 2023, PGE has had 15 rights to geothermal
15 kuasa pengusahaan panas bumi dengan kapasitas concession with a total capacity of 1,877 megawatts
keseluruhan sebesar 1.877 megawatt (MW), (MW); 672 MW of which are self-operated. The Company
di mana sebesar 672 MW dioperasikan sendiri. aims at increasing the self-operation capacity to 1 GW
Perseroan menargetkan dapat meningkatkan kapasitas in 2026. PGE’s electricity-equivalent stream production
terpasang yang dioperasikan sendiri menjadi 1 GW in 2023 reached 4,735 gigawatts per hour (GWh).
di tahun 2026. Pada tahun 2023, produksi uap setara
listrik PGE telah mencapai 4.735 gigawat per hour
(GWh).
Kami menerapkan berbagai cara untuk dapat terus We take various measures to continue to grow and to
bertumbuh dan meningkatkan bauran EBT di Indonesia, increase the share of renewable energy in the power
antara lain melalui upaya optimalisasi produksi generation mix in Indonesia, including by optimizing
dari wilayah kerja yang dimiliki, akselerasi penyelesaian production in our work areas, accelerating the
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proyek-proyek yang masih berjalan, serta terus mencari completion of ongoing projects, and constantly looking
peluang pertumbuhan baru baik melalui mekanisme for new opportunities for growth, be it through organic or
organik maupun anorganik seperti menjalin kemitraan inorganic mechanisms, such as by establishing a strategic
strategis dengan berbagai pihak. partnership with multiple parties.
Strategi dan Kebijakan Strategis Business Strategies and Policies
Pada tahun 2023, strategi dan kebijakan strategis bisnis In 2023, the Company’s business strategies and policies
Perseroan mengacu kepada tiga pilar pertumbuhan are aligned with three long-term growth pillars of PGE:
jangka panjang PGE yaitu: 1) memaksimalkan 1) maximizing domestic geothermal resource potential,
potensi sumber daya geotermal di dalam negeri, 2) embarking on international expansion, and 3)
2) melakukan ekspansi di kancah internasional, developing various geothermal derivative businesses and
serta 3) mengembangkan berbagai bisnis dan produk products.
turunan geotermal.
Untuk memaksimalkan potensi sumber daya geotermal To enhance domestic geothermal resource potential,
domestik, strategi yang kami terapkan adalah our strategy highlights optimizing operations within the
mengoptimalkan operasi di dalam Wilayah Kerja Panas Geothermal Working Areas (WKP) we currently own by
Bumi (WKP) yang telah dimiliki melalui penambahan increasing installed capacity. Additionally, we actively
kapasitas terpasang. Di luar itu, kami terus melakukan explore new regions and potential collaborations
eksplorasi di berbagai wilayah, serta menjajaki with various stakeholders to expand our geothermal
potensi kerja sama dengan berbagai pihak untuk business ventures.
mengembangkan bisnis panas bumi.
Beberapa inisiatif yang kami lakukan di tahun 2023 Several initiatives undertaken in 2023 include
antara lain, melakukan kerja sama dengan konsorsium collaborating with the Chevron New Energies
Chevron New Energies International (Chevron) melalui International consortium (Chevron) through PT Jasa Daya
PT Jasa Daya Chevron untuk wilayah kerja Way Chevron for the Way Ratai working area, where both
Ratai, di mana kedua pihak membentuk Joint Venture parties formed a Joint Venture Company (JVC) named
Company (JVC) dengan nama PT Cahaya Anagata PT Cahaya Anagata Energy. In this JVC, Chevron holds a
Energy. Dalam JVC ini, Chevron memiliki saham sebesar 60% stake while the Company holds 40%. The formation
60% sedangkan 40% dimiliki oleh Perseroan. of the JVC is followed by the acquisition of Geothermal
Pembentukan JVC dilanjutkan dengan pengurusan Izin Permit (IPB) to conduct various exploration activities such
Panas Bumi (IPB) untuk melakukan berbagai kegiatan as surveys and exploration drilling.
tahap eksplorasi seperti survei dan pemboran eksplorasi.
Selain itu, PGE juga menjalin kerja sama dengan Furthermore, PGE also engaged in cooperation with
Chevron dan Mudabala Energy untuk menjalin Chevron and Mudabala Energy to form a Joint Study
Joint Study Agreement (JSA) guna mengeksplorasi potensi Agreement (JSA) to explore the geothermal potential
panas bumi di kota Kotamobagu, Sulawesi Utara. in Kotamobagu city, North Sulawesi. This JSA aims to
JSA ini bertujuan untuk memanfaatkan kekuatan dan leverage the complementary strengths and experiences
pengalaman yang saling melengkapi dari ketiga of the three companies.
perusahaan tersebut.
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PGE juga telah melakukan groundbreaking PGE has also conducted the groundbreaking for the
pembangunan Pembangkit Listrik Tenaga Panas Bumi construction of the Lumut Balai Geothermal Power Plant
(PLTP) Lumut Balai Unit 2 (kapasitas terpasang 55 Unit 2 (with an installed capacity of 55 MW) in Muara
MW) di Kabupaten Muara Enim, Sumatera Selatan, Enim Regency, South Sumatra, as a testament to its
sebagai bentuk komitmen pengembangan panas bumi di commitment to geothermal development in Indonesia.
Indonesia.
Proyek Lumut Balai Unit 2 ini dikelola melalui kolaborasi The Lumut Balai Unit 2 project is managed through
antara ndonesia dengan negara ndo Pasifik yaitu collaboration bet een ndonesia and ndo Pacific
Jepang dan Tiongkok, di mana PGE bekerja sama countries, namely Japan and China. PGE partners with
dengan konsorsium tiga perusahaan dari Jepang, China, consortium of three companies from Japan, China, and
dan Indonesia, yaitu Mitsubishi Corporation, SEPCO III Indonesia, namely Mitsubishi Corporation, SEPCO III
Electric Power Construction Co, Ltd. (SEPCO III), dan PT Electric Power Construction Co, Ltd. (SEPCO III), and PT
Wijaya Karya (Persero) Tbk. Wijaya Karya (Persero) Tbk.
Perseroan juga menjalin kerja sama dengan perusahaan- The Company has also engaged in partnerships with
perusahaan asing sebagai bagian dari langkah ekspansi foreign firms as part of its international e pansion efforts
internasional untuk menjadikan Perseroan sebagai to position itself as a global player in the geothermal
pemain global di sektor geotermal. Antara lain, kerja sector. Among these initiatives are collaborations
sama dengan pengembang geotermal di Kenya, yakni with geothermal developers in Kenya, namely Africa
dengan Africa Geotermal International No. 1 Limited Geothermal International No. 1 Limited (AGIL No. 1) to
(AGIL No. 1) untuk mengembangkan potensi panas develop geothermal potential in the Longonot concession,
bumi pada konsesi Longonot serta kerjasama dengan and cooperation with Geothermal Development Company
Geothermal Development Company Ltd. (GDC) Ltd. (GDC) for the Suswa concession development
untuk proyek pengembangan konsesi Suswa. project. These partnerships were marked by the signing of
Kerja sama ditandai dengan penandatanganan a Memorandum of Understanding (MoU) with AGIL No. 1
Memorandum of Understanding (MoU) dengan on August 20, 2023, and the signing of a Non-Disclosure
AGIL No. 1 pada 20 Agustus 2023 dan Agreement (NDA) with GDC on September 15, 2023.
penandatanganan Non-Disclosure Agreement
(NDA) dengan GDC pada 15 September 2023.
Selain itu, PGE juga melirik potensi pengembangan Furthermore, PGE has also embarked on the geothermal
panas bumi di Turki dengan melakukan kunjungan development potential in Turkey by paying a working visit
kerja ke beberapa perusahaan pengembang to several geothermal development companies at the end
panas bumi pada pengujung bulan Oktober 2023. of October 2023. During this visit, PGE met with several
Pada kunjungan tersebut PGE bertemu dengan beberapa geothermal developers, including Energy Holding and
pengembang panas bumi, di antaranya Energy Holding SDS Enerji.
dan SDS Enerji.
Sebagai bagian dari pengembangan potensi peningkatan As part of the development of increased installed
kapasitas listrik terpasang, kami telah mengadopsi electrical capacity, we have adopted binary technology
teknologi binary atau biner (co-generation) yang (co-generation), which is a power generation system
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merupakan pembangkit listrik yang memanfaatkan brine utili ing brine geothermal hot ater uid to generate
uida air panas bumi untuk menghasilkan tambahan additional electrical capacity. This initiative serves as a
kapasitas listrik. Inisiatif ini merupakan proyek pilot project and has been implemented to support the
percontohan dan telah diterapkan untuk mendukung operation of PGE’s Lahendong Geothermal Power Plant
operasional PLTP PGE di WKP Lahendong, Kota in the Lahendong Geothermal Working Area (WKP)
Tomohon, Sulawesi Utara sejak tahun 2022, in Tomohon City, North Sulawesi since 2022, with a
dengan kapasitas sebesar 500 kW (net). capacity of 500 kW (net).
Teknologi biner berpotensi menambah kapasitas Binary technology has the potential to increase electrical
listrik per unit hingga 40%. Ke depannya, capacity per unit by up to 40%. In the future, the Company
Perseroan berencana menerapkan teknologi biner plans to implement binary technology across all other
di seluruh WKP PGE lainnya, dan menjadikan teknologi PGE WKPs, making it an integral part of achieving the
ini sebagai bagian penting di dalam pencapaian targeted increase in installed electrical capacity of 230
peningkatan kapasitas listrik terpasang sebesar MW.
230 MW.
Keuntungan dari penerapan teknologi biner selain The adoption of binary technology not only increases
menambah potensi kapasitas listrik terpasang, the potential installed electrical capacity but also
juga meningkatkan efisiensi aktu pengembangan enhances the efficiency of project development leading
proyek sampai dengan komersialisasi karena proses up to commercialization. The construction process
konstruksi yang lebih singkat dibandingkan dengan takes considerably less time compared to conventional
pengembangan PLTP konvensional. Perseroan tidak geothermal power plant development. The Company
perlu lagi melakukan pengeboran mengingat brine no longer needs to conduct drilling as the brine used is
yang digunakan berasal dari sumur panas bumi sourced from existing geothermal wells, which are then
yang ada saat ini untuk kemudian dipisahkan dan separated, and its steam is utilized to drive turbines.
uap yang dihasilkan dipakai untuk memutar turbin. Consequently, the Company avoids additional investment
Dengan demikian Perseroan tidak perlu mengeluarkan costs for drilling and mitigates potential risks associated
biaya investasi tambahan untuk pengeboran, with drilling (low investment and low risk).
dan juga menghilangkan potensi risiko dari pengeboran
itu sendiri (low investment dan low risk).
Untuk meningkatkan pertumbuhan bisnis, Perseroan To further foster business growth, the Company continues
juga terus menjajaki peluang bisnis lain di luar to explore opportunities beyond geothermal energy,
geotermal, seperti menjadi penyedia karbon kredit di such as becoming a provider of carbon credits in the
pasar internasional maupun domestik. PGE menjadi international and domestic markets. PGE stands as the
perusahaan pertama yang menyediakan karbon di Bursa first company to offer carbon credits on the ndonesian
Karbon Indonesia atau IDXCarbon yang baru berdiri Carbon Exchange, IDXCarbon, established on September
pada 26 September 2023. 26, 2023.
Perdagangan karbon PGE di IDXCarbon melibatkan PGE’s carbon trading on IDXCarbon involves the
proyek Lahendong (PLTP unit 5 dan 6) yang merupakan Lahendong Project (power plants units 5 and 6), a
hasil kerja sama PGE dengan Pertamina New and collaboration between PGE and Pertamina New and
Renewable Energy (Pertamina NRE) sejak April 2023. Renewable Energy (Pertamina NRE) since April 2023.
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Penjualan kredit karbon ini dilakukan oleh Pertamina The carbon credit sales are conducted by Pertamina NRE
NRE sebagai Subholding Power & New Renewable as the Subholding Power & New Renewable Energy,
Energy, sementara PGE berperan sebagai penyedia while PGE serves as the carbon supply provider.
pasokan karbon.
Di luar itu, kami juga tengah menjajaki Additionally, we are exploring several other secondary
beberapa produk turunan geotermal seperti products from geothermal, such as green hydrogen,
green hydrogen, methanol dan silica yang prosesnya methanol, and silica. Currently, these processes are in the
saat ini masih berada dalam proses penjajakan pilot pilot project exploration phase and strategic partnerships
project dan kemitraan strategis dengan berbagai pihak. with various stakeholders.
Sebagai bagian dari penguatan fundamental bisnis, As part of strengthening our business fundamentals,
secara internal kami menerapkan strategi keuangan e have internally implemented an efficiency strategy
yang berbasis kepada optimalisasi PLTP, serta melakukan centered on optimizing our geothermal power plants by
percepatan jumlah hari pemeliharaan (maintenance) dan accelerating the maintenance turn-around time and de-
mengelola jadwal maintenance di saat harga komoditas bottlenecking activities in obtaining additional steam to
terendah untuk meningkatkan produksi dan pendapatan optimize productions
Perseroan saat harga komoditas tinggi. We have also implemented cash optimization
Kami juga menerapkan optimasi kas dengan mengatur by managing optimal expenses to provide maximum
pengeluaran biaya yang optimal untuk memberikan financial benefits, seeking lo cost funds for
manfaat keuangan yang maksimal, mencari dana financing, placing funds in instruments that offer
murah untuk pembiayaan, menempatkan dana pada maximum returns, and accelerating the realization of
instrumen yang memberikan imbal hasil maksimal, receivables into cash to maintain healthy cash o .
serta mengakselerasi realiasi piutang menjadi kas guna
menjaga aliran kas tetap sehat.
Pelibatan Teknologi Informasi (TI) di dalam proses The incorporation of Information Technology (IT) in
bisnis adalah sebuah keniscayaan di masa kini. business processes is a necessity today. Therefore, we
Oleh karena itu, kami memberikan perhatian khusus pay special attention to cybersecurity to maintain the
kepada keamanan siber untuk menjaga integritas dan integrity and confidentiality of company information.
kerahasiaan informasi perusahaan.
Kami telah menerapkan standar internasional ISO We have implemented the international standard
27001:2022 untuk mengelola keamanan informasi. ISO 27001:2022 to manage information security. In
Selain itu, kami juga telah menerapkan teknologi next addition, we have also implemented next-generation
gen firewall dengan kemampuan kecerdasan buatan fire all technology e uipped ith A capabilities
untuk mendeteksi ancaman gangguan terhadap jaringan to detect threats across our IT networks, which has
TI yang telah diimplementasikan di seluruh area dan been implemented in all PGE areas and projects.
proyek PGE.
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Penerapan tata kelola perusahaan dan keberlanjutan The implementation of corporate governance and
di dalam seluruh proses bisnis dan implementasi sustainability in all business processes and the adoption
strategi juga menjadi prioritas penting Perseroan. of the Company’s strategy are also important priorities of
Kami memastikan seluruh proses bisnis berjalan sesuai the Company. We ensure that all business processes are
dengan aturan yang berlaku dengan memperhatikan carried out in accordance with applicable regulations by
dampak terhadap lingkungan dan masyarakat, etika taking into account the impact on the environment and
bisnis, keadilan, serta perlindungan hak asasi manusia. society, business ethics, fairness, and the protection of
human rights.
Sebagai bagian dari pencapaian sasaran bisnis secara In 2023, in an effort to achieve sustainable business goals
berkelanjutan, serta untuk meningkatkan corporate and enhance corporate values, the Company became a
values, di tahun 2023 Perseroan menjadi perusahaan publicly-listed company by releasing 10,350,000,000
terbuka dengan melepas saham kepada masyarakat ordinary shares, representing 25% of the Company’s
sebanyak 10.350.000.000 saham biasa atas nama issued and paid-up capital, at an offering price of Rp875
yang mewakili 25% dari modal ditempatkan dan disetor per share.
Perseroan dengan harga penawaran Rp875 per lembar
saham.
Saham Perseroan tercatat dan mulai diperdagangkan he ompany s shares ere officially listed and started
di BEI pada 24 Februari 2023, dengan kode transaksi trading on the IDX on February 24, 2023, under the
perdagangan PGEO. IPO PGE tercatat sebagai salah ticker “PGEO”. PGE’s IPO was recorded as one of the
satu IPO tahun 2023 dengan nilai tertinggi di BEI sebesar IPOs in 2023 with the highest value on the IDX at Rp9.06
Rp9,06 triliun. trillion.
Dana yang diperoleh dari IPO setelah dikurangi seluruh After deducting all share issuance costs from the
biaya-biaya emisi saham, sekitar 85% akan dialokasikan fund obtained from the IPO, around 85% of it will be
oleh Perseroan untuk pengembangan usaha hingga tahun allocated by the Company for business development
2025. Kemudian sekitar 15% atau sebanyak-banyaknya until 2025. Then, approximately 15%, or a maximum
USD100.000.000 digunakan untuk pembayaran of USD100,000,000, used for partial payment of the
sebagian Facilities Agreement tertanggal 23 Juni 2021 Facilities Agreement dated June 23, 2021, between
antara Perseroan dengan Mandated Lead Arrangers, the Company and Mandated Lead Arrangers, Initial
Kreditur Sindikasi Awal dari PT Bank Mandiri (Persero) Syndicated Creditors from PT Bank Mandiri (Persero) Tbk
Tbk sebagai Facility Agent. as Facility Agent.
Dengan menjadi perusahaan terbuka, PGE mengemban PGE, currently a publicly listed company, takes on
tanggung jawab yang lebih besar untuk menjadi greater responsibility to be transparent, accountable,
perusahaan yang transparan, bertanggung jawab, and committed to continuously achieving performance
dan berkomitmen untuk terus mencapai pertumbuhan growth for shareholders and stakeholders. During 2023,
kinerja bagi pemegang saham dan pemangku the Company’s shares showed their stellar performance,
kepentingan. Sepanjang tahun 2023, saham Perseroan gaining a price increase of 33.71% since we went public
menunjukkan kinerja terbaiknya, dengan peningkatan in IDX on 24 February 2023.
harga sebesar 33,71% sejak kami melantai di BEI pada
24 Februari 2023.
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Peranan Direksi dalam Perumusan serta Role of the Board of Directors in the
Pelaksanaan Strategi dan Kebijakan Formulation and Implementation of
Strategis Strategies and Strategic Policies
Setiap tahun, Direksi Perseroan bersama tim manajemen The Board of Directors and the management team
merumuskan strategi dan kebijakan strategis ke formulate annual strategies and strategic policies into
dalam RKAP. Direksi mempertimbangkan sejumlah the Company Work Plan and Budget. The Board of
asumsi dan perkembangan kondisi eksternal dan Directors takes into account a number of external and
internal dalam penyusunan RKAP, untuk kemudian internal assumptions and developments in its preparation
dirumuskan menjadi strategi dan kebijakan strategis stage before formulating strategies and strategic
yang disesuaikan dengan target bisnis Perseroan. policies tailored to the Company’s business targets.
Dalam proses perumusan, Direksi juga akan memetakan In the formulation process, the Board of Directors will
tantangan dan risiko yang dihadapi Perseroan, agar also map the challenges and risks facing the Company
tantangan dan risiko tersebut dapat dikelola dengan to ensure that these challenges and risks can be properly
baik melalui strategi dan kebijakan yang akan dibuat. managed through the strategies and policies to be
Selain itu, Direksi juga memastikan bahwa strategi dan made. In addition, the Board of Directors also ensures
kebijakan tersebut sesuai dengan penerapan tata kelola that the strategies and policies are in accordance with
dan nilai keberlanjutan Perseroan. the implementation of the Company’s governance and
sustainability values.
Untuk menjamin penerapan strategi dan kebijakan To ensure the effective implementation of strategies and
berjalan efektif, Direksi akan mempresentasikan strategi policies, the Board of Directors will present the strategies
yang telah disusun kepada semua unit kerja dan formulated to all relevant work units and departments
departemen terkait, serta memberikan pengarahan yang and provide the necessary directives for determining the
diperlukan dalam menentukan langkah teknis penerapan technical steps for implementing strategies and strategic
strategi dan kebijakan strategis. policies.
Direksi berperan aktif dalam memastikan bahwa seluruh The Board of Directors plays an active role in ensuring
jajaran Perseroan memahami tugas dan fungsi yang that all levels of the Company understand the tasks and
harus dijalankan, melalui komunikasi dan koordinasi functions that must be carried out, be it through direct
langsung dengan level pelaksana atau manajemen communication or coordination with the executive level
senior di dalam tiap unit kerja dan departemen terkait. or senior management in each work unit and related
departments.
Selain itu, secara berkala Direksi juga akan melakukan In addition, the Board of Directors will also periodically
tinjauan manajemen berupa rapat bersama unit terkait conduct management reviews by holding meetings with
guna memantau perkembangan penerapan strategi relevant units to monitor the progress of strategy and
dan kebijakan, meninjau lokasi kerja untuk memonitor policy implementation, inspecting work locations to
penerapan strategi dan kebijakan (management monitor the implementation of strategies and policies
walkthrough), serta memeriksa efektivitas implementasi (management walkthrough), and evaluate the effective
strategi dan kebijakan melalui hasil audit internal dan strategy and policy implementation through internal and
eksternal. Apabila diperlukan, Direksi dapat melakukan external audit results. If necessary, the Board of Directors
penyesuaian strategi dan kebijakan strategis yang telah may make adjustments to the strategies and strategic
dibuat. policies that have been made.
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Direksi juga memiliki posisi sebagai pengambil The Board of Directors also holds a position as a strategic
keputusan strategis, khususnya terkait beberapa hal decision-maker, particularly on matters that require the
yang membutuhkan jenjang pengambilan keputusan highest level of decision-making, such as those on business
tertinggi seperti pengambilan keputusan pada aspek development, marketing and sales, risk management, and
pengembangan bisnis, pemasaran dan penjualan, corporate governance.
manajemen risiko, dan tata kelola perusahaan.
Dalam proses perumusan serta penerapan strategi In the process of formulating and implementing
dan kebijakan strategis, Direksi akan berkomunikasi strategies and strategic policies, the Board of
dan meminta masukan serta arahan dari Dewan Directors will communicate with and seek input
Komisaris yang akan mengawasi jalannya penerapan and directives from the Board of Commissioners,
strategi dan kebijakan strategis di sepanjang tahun. who will supervise the implementation of strategies
and strategic policies throughout the year.
Untuk memastikan bahwa strategi dan kebijakan To ensure that strategies and strategic policies are
strategis terlaksana dengan baik, secara berkala unit well implemented, working units and departments
kerja dan departemen akan melaporkan pencapaian will periodically report the accomplishment of Key
Indikator Kinerja Utama atau Key Performance Indicators Performance Indicator (KPI) to the Board of Directors. KPI
(KPI) kepada Direksi. KPI mencerminkan pencapaian re ects the achievement of performance targets through
target kinerja melalui penerapan strategi dan kebijakan the implementation of strategies and strategic policies
strategis yang telah disusun. that have been formulated.
Laporan pencapaian KPI juga akan menjadi bahan The KPI achievement report will also serve as monitoring
monitoring dan evaluasi terhadap implementasi strategi and evaluation material for the implementation of
dan kebijakan strategis, yang hasilnya dapat digunakan strategies and strategic policies, the results of which
untuk melakukan perbaikan dan penyesuaian yang can be used to make necessary improvements and
diperlukan. Proses monitoring dan evaluasi juga dapat adjustments. The monitoring and evaluation process
dilakukan melalui proses audit, baik internal maupun can also be carried out through an audit process, both
eksternal, di mana hasilnya akan dilaporkan kepada internally and externally, and the results will be reported
Direksi. to the Board of Directors.
Pencapaian Kinerja 2023 serta 2023 Achievement Performance and
Perbandingan antara Hasil yang Dicapai Comparison between Achieved and
dan yang Ditargetkan Targeted Results
Kondisi perekonomian domestik yang positif serta Positive domestic economy and the implementation
penerapan strategi dan kebijakan strategis yang tepat, of appropriate strategies and strategic policies have
mendorong kinerja PGE yang sangat baik di tahun driven PGE’s stellar performance in 2023. In general,
2023. Secara umum, keseluruhan kinerja operasional the ompany s overall operational and financial
dan keuangan Perseroan meningkat dan berada di atas performance improved and was above the targets set in
target yang ditetapkan dalam RKAP 2023. the 2023 RKAP.
Produksi uap setara listrik selama tahun 2023 mencapai Electricity-equivalent steam production during 2023
2.292 GWh, atau 5,08% melampaui target RKAP 2023 reached 2,292 GWh, or 5.08% above the 2023 Work
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yang sebesar 2.181 GWh. Produksi listrik di tahun 2023 Plan and Budget target of 2,181 GWh. Electricity
mencapai 2.443 GWh, melampui target perusahaan production in 2023 reached 2,443 GWh, which
sebesar 104,31% atau mencapai 2.342 GWh. Total exceeded the target set in the Company by 104.31%
produksi naik 2,3% dari posisi tahun 2022 yang sebesar to 2,342 GWh. Total production increased by 2.3%
4.629 GWh menjadi 4.735 GWH pada tahun 2023, from the 2022 position of 4,629 GWh to 4,735 GWH
didorong oleh program debottlenecking pemipaan in 2023, driven by debottlenecking program (a steam
suplai uap, percepatan durasi hari pemeliharaan supply piping), acceleration of maintenance days as well
(maintenance), pengelolaan jadwal maintenance pada as the ability to manage maintenance schedule when the
saat kondisi permintaan produk dan harga komoditas demand of product and price of commodities are low.
rendah.
Seluruh area kerja PGE mengalami peningkatan produksi All PGE working areas saw an increase in production
selama tahun 2023, dengan kontribusi terbesar berasal during 2023, with the largest contribution coming from
dari area Kamojang yang sebesar 1.693,64 GWh. the Kamojang area, amounting to 1,693.64 GWH.
Untuk kegiatan Kerja Ulang Reparasi Sumur (KURS) For the Well Repair Rework (KURS) activities including
termasuk workover, hole cleaning dan acidizing telah workover, hole cleaning, and acidizing, two wells have
terealiasi sebanyak dua sumur, atau 100% dari rencana been realized, or 100% of the planned two wells as
dua sumur seperti target dalam RKAP. KURS dilakukan targeted in the RKAP. KURS was carried out on wells
pada sumur LHD-11 dan SBY-5. LHD-11 and SBY-5.
Pendapatan Usaha dari segmen produksi uap dan listrik Revenue from own operations and production allowances
yang dikelola sendiri (own operation) dan production segment in 2023 reached USD406.28 million, or 106.7%
allowance selama tahun 2023 mencapai USD406,28 of the 2023 RKAP target of USD368.94 million, up 5.24%
juta, atau 106,7% target RKAP 2023 yang sebesar or equivalent to USD20.22 million from achievements
USD368,94 juta, naik 5,24% atau setara USD20,22 juta recorded in 2022 which amounted to USD386.06
dari pencapaian tahun 2022 yang sebesar USD386,06 million. Revenue from Own Operations recorded in 2023
juta. Pendapatan dari own operations pada tahun 2023 amounted to USD386.49 million or 104.75% of the
mencapai USD386,49 juta, atau 104,75% dari target company's 2023 target at USD368.94 million. The above
perusahaan USD368,94 juta. Peningkatan pendapatan realized revenue from Own Operations due to higher
didorong oleh kenaikan volume produksi Year-on-Year production volume year-over-year basis was recorded
(YoY) yang mencapai USD17,21 juta dan kenaikan harga as much as USD17.21 million and USD0.34 million was
jual rata-rata ke pelanggan yang sebesar USD0,34 juta. contributed from higher average selling price to customers.
Kenaikan harga jual rata-rata ditopang oleh peningkatan The increase in average selling price was sustained by
harga jual listrik panas bumi yang mengacu kepada an increase in the selling price of geothermal electricity,
Indeks Harga Produsen dan Konsumen Amerika Serikat which is based on the US Producer and Consumer Price
di akhir tahun 2023. Pada tahun 2023, harga jual rata- Index at the end of 2023.Averaged selling price of steam
rata uap dan listrik kepada pelanggan adalah sebesar and electricity to our customers was USD0.0816/KWh
USD0,816/KWh atau sejalan dengan target harga jual in 2023, or aligned with the company's target average
rata-rata di tahun 2023. Harga jual tersebut lebih tinggi selling prices in 2023. Nonetheless, PGE's average
101,6% YoY dibandingkan harga tahun 2022 yang selling prices of steam and electricity stood higher in
sebesar USD0,080/KWh. Pada tahun 2023, kami juga 2023 by 101.6% YoY from USD0.0804 KWh 2022.
mencatat pendapatan dari penjualan karbon kredit yang In 2023, we also recorded revenue from the sale of
sebesar USD761.758. carbon credits amounting to USD761,758.
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elalui berbagai program efisiensi, Perseroan berhasil hrough various efficiency programs, the ompany
menekan beban pokok pendapatan serta beban managed to reduce the cost of revenue and other direct
langsung lainnya, dan mendorong pencapaian Laba e penses, and drive the achievement of Operating Profit
Usaha sebesar USD265,17 juta, naik USD55,59 juta of USD265.17 million, an increase of USD55.59 million
atau 26,52% dari tahun 2022 yang sebesar USD209,58 or 26.52% from 2022 which amounted to USD209.58
juta. Pencapaian tersebut setara 135,74% dari target million. This achievement is equivalent to 135.74% of the
RKAP yang sebesar USD195,35 juta RKAP target of USD195.35 million.
Sementara itu, Laba Tahun Berjalan yang Diatribusikan ean hile, Profit for the ear Attributable to O ner of
kepada Pemilik Entitas Induk tahun 2023 mencapai the Parent Entity in 2023 reached USD163.59 million,
USD163,59 juta, atau terealiasi 109,05% dari target or realized 109.05% of the RKAP target of USD150.01
RKAP USD150,01 juta. Pencapaian ini naik 28,47% million. This achievement increased 28.47% from the
dari tahun sebelumnya yang sebesar USD127,34 juta. previous year which amounted to USD127.34 million. The
Adapun EBITDA tercatat USD332,42 juta, 0,09% di EBITDA was recorded at USD332.42 million, reaching
bawah target RKAP, namun meningkat 7,90% dari 0.09% below RKAP, but increase of 7.90% from the
posisi tahun 2022 yang sebesar USD308,08 juta. position in 2022 which amounted to USD308.08 million.
Perolehan laba yang melampaui target, selain ditopang he achievement of profit that e ceeded the target, in
oleh kenaikan pendapatan juga didukung oleh addition to being sustained by an increase in revenue, was
keberhasilan strategi pendanaan dengan tingkat bunga also supported by the success of a funding strategy with
tetap yang kompetitif melalui penerbitan green bond, a competitive fi ed interest rate through the issuance of
serta keuntungan kurs yang didapatkan dari penempatan green bonds, as well as exchange rate gains obtained from
dana IPO melalui proses lindung nilai atau hedging. the placement of IPO funds through a hedging process.
Pencapaian kinerja lain yang sangat membanggakan Another stellar performance for PGE in 2023 was the
bagi PGE di tahun 2023 adalah perolehan penghargaan achievement of the PROPER award, or the Company
PROPER atau Program Penilaian Peringkat Kinerja Performance Rating Assessment Program in Environmental
Perusahaan dalam Pengelolaan Lingkungan Hidup dari Management from the Ministry of the Environment and
Kementerian Lingkungan Hidup dan Kehutanan, di mana Forestry, where the The Kamojang area received the
Area Kamojang memperoleh peringkat Emas untuk yang Gold rating for 13 times in a row. This achievement of
ke 13 kalinya secara berturut-turut. Prestasi perolehan consecutive Gold PROPER ratings is the first time obtained
PROPER peringkat Emas secara berturut ini merupakan by a geothermal company in Indonesia.
yang pertama kalinya didapatkan oleh perusahaan
geotermal di Indonesia.
PROPER peringkat Emas juga didapatkan oleh Area Gold PROPER was also obtained by Ulubelu Area (twice
Ulubelu (dua kali berturut-turut) dan Area Lahendong in a ro and ahendong Area first time . he achievement
(pertama kali). Pencapaian PROPER peringkat Emas of Gold PROPER indicates that the Company has received
menunjukkan bahwa Perseroan mendapatkan pengakuan the highest recognition for implementing an environmental
tertinggi atas penerapan sistem manajemen pengelolaan management system that exceeds the required standards
lingkungan melebihi standar yang dipersyaratkan (beyond compliance) and at the same time making efforts
(beyond compliance) dan sekaligus melakukan upaya- to develop community wellbeing in a sustainable manner.
upaya pengembangan kesejahteraan masyarakat secara
berkelanjutan.
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Penerapan Tata Kelola Governance Implementation
PGE meyakini bahwa penerapan tata kelola perusahaan PGE believes that the implementation of good corporate
yang baik atau Good Corporate Governance (GCG) governance (GCG) will ensure long-term business
akan memastikan keberlangsungan usaha dalam jangka sustainability. The implementation of GCG in PGE is not
panjang. Penerapan GCG di PGE bukan hanya sebagai only a fulfillment of applicable regulations, but also a
pemenuhan terhadap peraturan yang berlaku, melainkan commitment to conduct business responsibly.
komitmen untuk menjalankan bisnis secara bertanggung
jawab.
Komitmen penerapan GCG di tubuh Perseroan salah One of the commitments to implementing GCG within
satunya adalah melalui pembentukan Koordinator the Company is through the establishment of a GCG
Penerapan dan Pemantauan GCG (KPPG), Implementation and Monitoring Coordinator (KPPG),
berdasarkan Surat Perintah Direktur Utama Nomor based on the President Director’s Order No. 042/
042/PGE000/2021-S0 tanggal 21 Juni 2021. Tugas PGE000/2021-S0 dated June 21, 2021. The duties of
KPPG antara lain mengoordinasikan penerapan KPPG include coordinating the implementation of GCG,
GCG, memastikan Perseroan dan seluruh karyawan ensuring that the Company and all employees implement
menerapkan GCG, serta mengelola isu-isu kepatuhan di GCG, and managing compliance issues in the Company.
Perseroan.
Perseroan memiliki kerangka GCG yang secara jelas The Company has a GCG framework that clearly
menggambarkan pemisahan tanggung jawab dan describes the separation of responsibilities and decision-
wewenang pengambilan keputusan organ utama tata making authority of the main organs of governance,
kelola, yaitu Rapat Umum Pemegang Saham (RUPS), namely the General Meeting of Shareholders (GMS),
Dewan Komisaris dan Direksi. Selain itu juga terdapat the Board of Commissioners and the Board of Directors.
definisi hubungan dan tanggung ja ab Perseroan n addition, there is also a definition of the ompany s
terhadap pemegang saham dan pemangku kepentingan. relationship and responsibility to shareholders and
stakeholders.
Untuk mendukung mekanisme kinerja organ utama, To support the performance mechanism of the main
Perseroan membentuk organ pendukung seperti Komite organs, the Company established supporting organs
di bawah Dewan Komisaris dan Direksi, Sekretaris such as Committees under the Board of Commissioners
Perusahaan, Internal Audit maupun divisi pendukung and Directors, Corporate Secretary, Internal Audit, and
lainnya. Perseroan juga membuat berbagai kebijakan other supporting divisions. The Company also established
dan pedoman sebagai panduan untuk menjalankan various policies and guidelines as a guide to carry out the
aktivitas bisnis Perseroan di dalam koridor GCG. Company’s business activities within the GCG corridor.
Prinsip GCG terutama terangkum di dalam Kode Etik GCG principles are mainly summarized in the Code of
atau Code of Conduct (CoC) yang mencakup pedoman Conduct (CoC) which includes guidelines for business
etika usaha dan tata perilaku. Kode Etik yang berlaku ethics and behavior. The Code of Conduct, which applies
bagi seluruh lapisan organisasi ini menjadi panduan to all levels of the organization, guides the Company in
Perseroan dalam menjalankan tugas dan aktivitas carrying out its duties and operational activities properly,
operasional secara baik dan benar, termasuk dalam hal including in terms of interacting with stakeholders.
berinteraksi dengan pemangku kepentingan.
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Perseroan secara teratur melakukan sosialisasi guna The Company regularly conducted outreach programs
meningkatkan pemahaman dan komitmen bersama atas to improve mutual understanding and commitment to
penerapan Kode Etik kepada Direksi, Dewan Komisaris, the implementation of the Code of Ethics to the Board
dan seluruh pekerja. Penyelenggaraan sosialisasi ini of Commissioners, Directors, and all employees.
dijalankan oleh Sekretaris Prusahaan berkoordinasi The Corporate Secretary, in collaboration with the
dengan Fungsi Legal & Compliance serta Fungsi Human Human Capital Function and Legal & Compliance
Capital melalui in-class training, broadcast e-mail, serta Function, conducted outreach programs through
informasi di portal perusahaan dan situs website PGE. in-class training, broadcast email, as well as
information on the Company portal and PGE website.
Pelanggaran Kode Etik merupakan hal serius yang dapat
mengakibatkan tindakan disipliner, mulai dari teguran The violation of the Code of Ethics is a serious matter that
lisan hingga pemutusan hubungan kerja. Para pekerja may result in disciplinary action, from a verbal warning to
dan semua pihak eksternal yang terlibat di dalam proses termination of employment. All employees and all external
bisnis Perseroan didorong untuk melaporkan hal-hal parties involved in the Company’s business processes are
yang berpotensi melanggar etika maupun hukum melalui encouraged to report matters that have the potential to
mekanisme pelaporan atau Whistleblowing System (WBS) violate ethics and laws through a reporting mechanism
yang menjamin kerahasiaan pelapor dan pelaporan itu or Whistleblowing System (WBS) that guarantees
sendiri. the confidentiality of the reporter and the report itself.
Penerapan Kode Etik juga berlaku kepada pihak ketiga
yang bekerja sama dengan PGE, seperti mitra bisnis The implementation of the Code of Ethics also applies
atau pemasok, dan vendor Perseroan, melalui kewajiban to third parties who partner with PGE, such as business
penandatanganan Pakta Integritas oleh pihak ketiga partners or suppliers (vendors) of the Company, through
yang terlibat di dalam pengadaan barang dan jasa the obligation to sign an Integrity Pact imposed on the
untuk mencegah kecurangan dan ketidaksesuaian dalam third parties involved in the procurement of goods and
proses pengadaan. Selain itu, kami dapat melakukan uji services to prevent fraud and non-compliance in the
kelayakan (due diligence) terhadap pihak ketiga apabila procurement process. In addition, we may conduct due
diperlukan. diligence on the third parties if necessary.
Penguatan integritas bisnis secara internal terus menjadi
fokus kami di tahun 2023, khususnya terkait pengendalian Strengthening internal business integrity remains our
korupsi, gratifikasi dan benturan kepentingan. Karena top priority in 2023, especially regarding controlling
kini kami telah menjadi perusahaan terbuka, segala corruption, gratification, and con icts of interest. Since e
hal yang berhubungan dengan ranah publik seperti have now become a public company, we also continue to
keterbukaan informasi maupun kebijakan pengendalian strengthen everything related to the public domain, such
transaksi orang dalam atau insider trading, juga terus as information disclosure and control policies on insider
kami perkuat. trading transactions
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Perseroan telah memiliki kebijakan insider trading yang The Company has had a policy in place regarding
mengatur mengenai kriteria orang dalam, informasi insider trading that regulates insider criteria, material
material dan rahasia, serta penentuan periode blackout and confidential information, as ell as determination
yang tidak hanya berlaku bagi pekerja PGE namun juga of blackout periods, which applies not only to the PGE
bagi pihak ketiga yang tengah bekerja sama dengan employees but also to third parties who are currently
Perseroan. Agar dapat diketahui semua pihak, kebijakan working with the Company. This policy is made available
ini dapat diakses di situs web PGE. on the PGE website and is accessible for all parties.
Untuk terus memperkuat kepatuhan terhadap anti To further strengthen compliance with anti-corruption,
korupsi, sejak tahun 2020 Perseroan telah menerapkan since 2020 the Company has implemented an Anti-
Sistem Manajemen Anti Penyuapan (SMAP) berdasarkan Bribery Management System (SMAP) based on the
standar internasional ISO 37001:2016, yang menjadi international standard ISO 37001:2016, which is a
panduan dalam mencegah dan mendeteksi tindakan guide in preventing and detecting acts of bribery within
penyuapan di tubuh Perseroan. the Company.
Perseroan memastikan penerapan SMAP terinternalisasi The Company ensures the implementation of SMAP
di seluruh elemen dan personel organisasi melalui is internalized in all organizational elements and
kewajiban penerapan prinsip 4 NO’s: No Bribery personnels through the obligation to implement the
(hindari/menolak segala bentuk suap menyuap dan 4 NO’s principle: No Bribery (avoid/refuse all forms
pemerasan, No Kickback (hindari/menolak meminta of bribery and extortion), No Kickback (avoid/refuse
komisi, tanda terima kasih baik dalam bentuk uang asking for commission, tokens of gratitude both in the
dan dalam bentuk lainnya), No Gift (hindari/menolak form of money and other forms), No Gifts (avoid/refuse
penerimaan pemberian hadiah atau gratifikasi yang accepting/giving gifts or gratuities that are contrary to
bertentangan dengan peraturan dan ketentuan yang applicable rules and regulations), and No Luxurious
berlaku), dan No Luxurious Hospitality (hindari/menolak Hospitality (avoid/refuse excessive reception and
penyambutan dan jamuan yang berlebihan). entertainment).
Dewan Komisaris, Direksi, dan Pekerja PGE wajib The Board of Commissioners, Board of Directors, and
mengisi pernyataan komitmen kepatuhan terhadap Kode PGE employees are re uired to fill out a compliance
Etik dan pernyataan tidak berbenturan kepentingan. commitment statement to the ode of Ethics and a con ict
Khusus pelaporan gratifikasi dilakukan setiap bulan of interest statement. Specifically, gratuity reporting is
melalui portal GCG Online System. Selain itu Perseroan done monthly through the GCG Online System portal.
juga menerapkan kebijakan Laporan Harta Kekayaan Furthermore, the Company also implements a Public
Penyelenggara Negara (LHKPN) bagi level asisten Official s Asset eclaration KPN Report policy for
manajer/setara sampai dengan Direksi dan Dewan assistant manager/equivalent level up to the Board of
Komisaris. Tingkat kepatuhan pernyataan komitmen Commissioners and Directors. The level of compliance
dan pelaporan LHKPN di tahun 2023 mencapai 100%. of the statement of commitment and LHKPN reporting in
2023 reached 100%.
Secara berkala kami melakukan monitoring dan We have periodically monitored and evaluated the GCG
evaluasi atas penerapan GCG. Pada tahun 2023, untuk implementation. In 2023, in an unprecedented move,
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pertama kalinya kami melakukan evaluasi penerapan we carried out an evaluation on GCG implementasi
GCG berdasarkan Peraturan Otoritas Jasa Keuangan based on the Financial Services Authority Regulation
(POJK) No. 21/POJK.04/2015 tentang Penerapan (POJK) No. 21/POJK.04/2015 on Implementation
Pedoman Tata Kelola Perusahaan Terbuka dan Surat of Corporate Governance Guidance for Public
Edaran Otoritas Jasa Keuangan (SEOJK) No. 32/ Company and the Financial Services Authority Circular
SEOJK.04/2015 tentang Pedoman Tata Kelola Letter (SEOJK) Number 32/SEOJK.04/2015 on
Perusahaan Terbuka dengan hasil “Terpenuhi”. Corporate Governance Guidance for Public Company
hich resulted in a ualification fully applied.
Kami juga melakukan evaluasi penerapan GCG We also evaluated the GCG implementation
berdasarkan Pedoman Umum Governansi Korporat based on the 2021 General Guidelines
Indonesia (PUGKI) 2021 yang dikeluarkan oleh Komite for Indonesian Corporate Governance (PUGKI)
Nasional Kebijakan Governansi (KNKG) dengan hasil issued by the National Committee for Governance
“Terpenuhi”. Policy KNKG ith the ualification of fully applied.
Penerapan Strategi Keberlanjutan Implementation of Sustainable Strategies
PGE memastikan, bahwa selain untuk menjalankan bisnis, PGE ensures that apart from running business,
keberadaan Perseroan harus dapat memberikan dampak the Company’s existence must be able to deliver positive
positif kepada lingkungan, masyarakat, pekerja dan mitra impacts on the environment, communities, our workers,
bisnis kami. Untuk itu Perseroan telah mengembangkan and business partners. For this reason, the Company
strategi keberlanjutan yang mengintegrasikan prinsip has developed a sustainable strategy that integrates
lingkungan, sosial dan tata kelola ke dalam operasional environmental, social, and governance principles into
kami, yang juga menjadi bagian dari operational our operations, which is also part of the Company’s
excellence Perseroan dalam kontribusinya terhadap operational excellence in its contribution to the
Tujuan Pembangunan Berkelanjutan (TPB) atau Sustainable Development Goals (SDGs).
Sustainable Development Goals (SDGs).
Penerapan strategi keberlanjutan dari aspek lingkungan The implementation of sustainable strategy from
dimulai secara internal melalui penerapan Sistem the environmental aspect begins internally through
Manajemen Lingkungan berstandar internasional ISO the implementation of an Environment Management
14001: 2015 yang telah mengintegrasikan lingkungan System with the international standard ISO 14001:
ke dalam proses bisnis, dengan mempertimbangkan 2015, which has integrated the environment into business
risiko dan peluang dari kegiatan dan produk Perseroan. processes, taking into account the risks and opportunities
Standar ini juga telah mempertimbangkan perspektif daur of the Company’s activities and products. This standard
hidup kegiatan dan produk hingga pengolahan akhir also has taken heed of the life cycle perspective of
untuk meminimalisasi dampak operasional terhadap activities and products to final processing to reduce the
lingkungan. operational impacts on the environment.
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Kami juga terus berupaya memperluas kapasitas We are also constantly working to expand geothermal
pengembangan panas bumi serta meningkatkan development capacity and promote initiatives to GHG
inisiatif pengurangan emisi GRK (Gas Rumah Kaca) (Green House Gas) emissions in operational processes as
di dalam proses operasional sebagai langkah mengatasi a step to combat climate change. In addition, we continue
perubahan iklim. Selain itu, manajemen risiko iklim fisik to carry out physical climate risk management and
dan upaya konservasi keanekaragaman hayati di sekitar biodiversity conservation efforts around the Company’s
lingkungan operasional Perseroan terus kami lakukan operational environment as part of nature conservation.
sebagai bagian dari pelestarian alam.
Dari aspek sosial, kami memastikan untuk memberikan From the social aspect, we ensure to provide a safe and
lingkungan kerja yang aman dan nyaman bagi para comfortable working environment for all our workers,
pekerja kami, serta kompensasi dan benefit yang as ell as competitive compensation and benefits. he
kompetitif. Kebijakan penetapan remunerasi didasarkan policy for determining remuneration is based on position,
kepada posisi, masa kerja, serta pencapaian, dengan term of office, and performance achievements, by
menyesuaikan peraturan Upah Minimum Provinsi (UMP) adapting to the Provincial Minimum Wage (UMP) and
tanpa adanya unsur diskriminasi antara pekerja pria dan without any elements of discrimination between male and
wanita. female workers.
Berbagai inisiatif pengembangan kompetensi pekerja We executed various employee competency
kami lakukan di tahun 2023, di antaranya melalui development initiatives in 2023, among others through
program pelatihan dan pengembangan kepemimpinan leadership/managerial training and development
(leadership/managerial) serta program pelatihan programs as well as technical/functional training
pengembangan keterampilan (technical/function). and development programs. Throughout 2023,
Sepanjang tahun 2023 telah dilaksanakan 1.607 trainings have been conducted with a total training
1.607 pelatihan dengan total jam pelatihan hour of 24,724 hours, or equivalent to 17 hours per worker.
24.724 jam, atau setara 17 jam/pekerja.
Perseroan juga terus mengutamakan Kesehatan, The Company is prioritizing Occupational Health Safety,
Keselamatan Kerja, Keamanan, dan Lingkungan Security and Environment to minimize potential negative
untuk meminimalkan potensi dampak negatif impacts and strive for achieving zero accidents. In 2023,
dan mengupayakan nihil kerugian pada manusia PGE has successfully achieved 6.139.303 safe working
dan lingkungan (zero accident). Pada hours increased compared to 2022 of 5.200.890 hours.
tahun 2023 PGE mencatat 6.139.303
jam kerja aman, naik dibandingkan tahun
2022 yang mencapai 5.200.890 jam.
Dari sisi masyarakat, PGE terus berkomitmen From the community perspective, PGE remains committed
mendukung program pemberdayaan masyarakat di to supporting community environment programs through
dalam lima pilar besar yaitu, meningkatkan kualitas five major pillars, such as, improving the uality of
pendidikan, peduli lingkungan, memberdayakan education, promoting environmental care, empowering the
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ekonomi masyarakat, meningkatkan kualitas community in terms of economy, enhancing health quality,
kesehatan, serta pembangunan infrastruktur dan sosial. and supporting infrastructure and social development.
Seluruhnya kami terapkan di area operasional PGE. We implemented all of these in PGE’s operational areas.
Beberapa program pemberdayaan masyarakat utama Some of our main community empowerment programs
yang kami lakukan di tahun 2023 antara lain program in 2023 include the social innovation program titled
inovasi sosial bertajuk “Nurturing The Environment “Nurturing the Environment Through Kamojang Green
Through Kamojang Green Living Ecosystem” (NENG Living Ecosystem” (NENG ELIE) in Kamojang PGE area.
ELIE) di PGE area Kamojang yang merupakan program The program is a driver for green growth based on
pendorong pertumbuhan ekonomi berbasis ekosistem integrated ecosystem through the establishment of Ibun
hijau yang terintegrasi, yakni melalui pendirian Ibun Mall Mall as a training center and a marketplace for MSMEs,
sebagai pusat pelatihan dan sarana penjualan UMKM, Geothermal Dryhouse for agricultural development, and
Geothermal Dryhouse untuk pengembangan pertanian, Rangers App as a service application aimed to improve
serta Rangers App sebagai media peningkatan layanan inclusive health services and accessibility through
kesehatan inklusif dan aksesibilitas melalui penyediaan environmentally friendly transportation based on waste
transportasi ramah lingkungan berbasis bank sampah bank designed for the people in remote areas. Through
untuk masyarakat di wilayah terpencil. Melalui program this program, PGE benefited more than 13, people
ini, PGE berhasil memberikan manfaat kepada lebih dari within the vicinity of its operational areas.
13.200 masyarakat di sekitar wilayah operasionalnya.
Selain itu PGE area Ulubelu melalui program In addition, Ulubelu PGE area through its leading
unggulannya, yakni Eloc Berseri (Empowering Local program, Eloc Berseri (Empowering Local Communities
Communities to Strengthen Ulubelu’s Social Forestry) to Strengthen Ulubelu’s Social Forestry), which covers
yang meliputi pemberdayaan di sektor kehutanan empowerment of forestry, education, and economic
sosial, pendidikan, dan ekonomi, telah memanfaatkan sectors has leveraged 2.58 tons of CO2-eq geothermal
2,58 ton CO2-eq panas bumi, menghemat 1.325 liter energy, saved 1,325 liters of water per year, revegetated
air per tahun, melakukan revegetasi lima hektar lahan five hectares of land, and benefited 3, people.
terbuka dan telah memberikan manfaat kepada 3.225
masyarakat.
Kami juga melakukan pemberdayaan berkelanjutan We also carry out sustainable empowerment through
melalui implementasi sistem ekonomi sirkular Mapalus the implementation of the Mapalus Tumompaso circular
Tumompaso di PGE Area Lahendong yang telah economic system in the PGE Lahendong Area which
memberdayakan masyarakat melalui lima program has empo ered the community through five derivative
turunan dengan jumlah penerima manfaat mencapai programs ith the number of beneficiaries reaching
3.779 orang. Berbagai program turunan tersebut 3,779 people. These various derivative programs include
antara lain yaitu Usaha Desa Wisata (SADEWI), the Tourism Village Business (SADEWI), the Maria
Kelompok Usaha Bersama Mandiri dan Berdaya Independent and Empowered Joint Business Group
Maria (KUBEMADA) Kelompok Jahit Wanita 'Maria', (KUBEMADA), the 'Maria' Women's Sewing Group,
Usaha Ternak dengan Energi Terbarukan (SATEBI), the Renewable Energy Livestock Business (SATEBI), the
Konservasi Fauna Yaki, dan Bank Sampah Setor Jo. Yaki Fauna Conservation, and the Setor Jo Waste Bank.
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Program ini berhasil meningkatkan 60,1% pendapatan This program succeeded in increasing 60.1% of the
dan kemampuan adaptasi penerima manfaat. income and adaptive capacity of the beneficiaries.
Sepanjang tahun 2023, kami menerima penghargaan During 2023, we received awards from various external
dari berbagai pihak eksternal, khususnya untuk apresiasi parties, particularly in recognition of our social and
dalam hal penerapan tanggung jawab sosial dan environmental responsibility and governance, indicating
lingkungan serta tata kelola, menunjukkan bahwa responsible and sustainable performance and business
kinerja dan proses bisnis Perseroan telah berjalan secara process of the Company.
bertanggung jawab dan berkelanjutan.
Penghargaan terkait tanggung jawab lingkungan yang Our programs received environmental responsibility
kami terima di 2023 misalnya adalah Indonesia Green awards in 2023, namely the “Setor Jo” waste bank
Awards untuk kategori penanganan sampah plastik program in Tompaso Raya, Lahendong area which won
program inisiasi bank sampah “Setor Jo” Tompaso Indonesia Green Awards for waste management category,
Raya untuk area Lahendong dan kategori rekayasa and the SATEBI Program for the technology engineering
teknologi dalam menghemat energi/penggunaan energi category for energy saving/renewable energy.
terbarukan dalam Program SATEBI.
Terkait pemberdayaan masyarakat, kami menerima In community empowerment, we received Platinum award
Platinum award untuk Empowerment of Woman for Empowerment of Woman Award from Annual Global
Award melalui program CSR PGE Area Ulubelu di CSR & ESG Summit and Awards 2023 in Vietnam through
bidang kesehatan Kamasetra (Keluarga Mandiri, the CSR program of Ulubelu PGE Area in the health
Sehat, dan Sejahtera) dari Annual Global CSR sector, the Kamasetra (Keluarga Mandiri, Sehat, dan
& ESG Summit and Awards 2023 di Vietnam. Sejahtera/ Independent, Healthy, and Prosperous Family).
Dari sisi tata kelola kami menerima penghargaan ESG In terms of governance, we received the 2023 ESG
Disclosure Transparency Awards 2023 dengan rating Disclosure Transparency Awards with a Leadership A
peringkat Leadership A dari Bumi Global Karbon rating from Bumi Global Karbon Foundation, the 2023
Foundation, penghargaan Transparansi Perhitungan Corporate Emissions Calculation Transparency Award for
Emisi Korporasi 2023 Kategori Platinum Plus dan Platinum Plus, the 2023 Corporate Emissions Reduction
Penghargaan Transparansi Penurunan Emisi Korporasi Transparency Award for Green Elite Category from
2023 Kategori Green Elite dari Buniverse, serta Human Buniverse, and Human Capital & Performance Awards
Capital & Performance Awards 2023 (The Best CEO, 2023 (The Best CEO, the Best Human Capital Technology
The Best Human Capital Technology Strategy, dan Strategy, and the Best Employee Engagement Strategy)
The Best Employee Engagement Strategy) dari Business from Business News Indonesia.
News Indonesia.
Di tahun 2023 Perseroan juga mendapatkan peringkat The Company also received an ESG rating of 8.4
ESG 8.4 (Negligible Risk) dari Morningstar Sustainalytics, (Negligible Risk) from Morningstar Sustainalytics,
lembaga penelitian, pemeringkatan dan penyedia data a world’s leading independent ESG and corporate
ESG independen terkemuka di dunia. Peringkat ESG dari research, ratings and analytics agency. The ESG rating
Sustainalytics mengukur eksposur Perseroan terhadap from Sustainalytics measures a Company’s exposure
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risiko ESG yang material dan seberapa baik Perseroan to material ESG risks, and how well the Company is
mengelola risiko tersebut. managing those risks.
Negligible Risk mengindikasikan risiko Perusahaan terkait Negligible Risk indicates that the Company’s ESG risks
ESG yang sangat kecil sehingga dapat diabaikan. are very small and can be ignored. With this score, PGE
Dengan skor ini PGE menempati posisi ke 3 dari 709 ranks 3rd out of 709 companies in the Utilities industry
perusahaan di industri Utilities dan posisi 129 dari and 129th out of 15,930 global companies rated by
15.930 perusahaan di dunia yang diperingkat oleh Sustainalytics.
Sustainalytics.
Tantangan yang Dihadapi dan Langkah Challenges Facing Company and Mitigation
Mitigasinya Steps
Salah satu tantangan terbesar yang dihadapi PGE One of the biggest challenges faced by PGE
sebagai pengembang energi panas bumi adalah as a geothermal energy developer is financing geothermal
bagaimana membiayai proyek-proyek panas bumi yang projects that re uire significant costs. hus, the ompany
membutuhkan biaya yang besar. Untuk itu Perseroan must manage capital e penditures and cash o s properly.
harus mengelola belanja modal dan aliran kas dengan or instance, seeking financing ith lo costs or investing
baik, seperti mencari pembiayaan dengan dana funds in instruments that provide maximum returns.
murah atau menempatkan dana pada instrumen yang
memberikan imbal hasil maksimal.
Kenaikan tingkat suku bunga menjadi hal yang terus kami In 2023, we also continuously monitored the increase in
waspadai di sepanjang tahun 2023, mengingat di awal interest rate, considering the Company at the beginning
tahun Perseroan memiliki bridging loan dengan tingkat of the year had a bridging loan with interest rate that
bunga uktuatif yang terus merangkak naik. Akhirnya sho ed uctuated but up ard trend. Eventually, the
Perseroan menerbitkan green bond dengan tingkat suku ompany issued green bonds ith a fi ed rate to offset
bunga tetap untuk mengompensasi uktuasi suku bunga interest rate uctuation and relieve the ompany s
dan mengurangi beban biaya bunga Perseroan. Di tahun burden of interest costs. The Company also sought
2023 Perseroan juga mencari pendanaan melalui IPO. funding through an IPO in the same year.
Kendala dan tantangan lain yang dihadapi PGE Another issue and challenge faced by PGE is the
adalah struktur pasar panas bumi di Indonesia yang monopsony structure of the geothermal market in
monopsoni, yakni hanya satu pihak sebagai off-taker Indonesia where only one party acts as the off-taker so it
sehingga memiliki kekuatan tawar yang kuat dalam has strong bargaining power in determining the purchase
menentukan harga pembelian uap dan listrik, meski price of steam and electricity though it is still controlled
tetap dikendalikan Pemerintah Indonesia. Di samping by the Indonesia Government. In addition, coal-based
itu, Perseroan juga dihadapkan pada tantangan dari or gas-based Independent Power Producer (IPP), which
perusahaan Independent Power Producer (IPP) berbasis can produce steam and electricity selling prices at more
batu bara atau gas, yang dapat menghasilkan harga competitive prices, also poses another challenge for the
jual uap dan listrik dengan lebih kompetitif. Company.
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Menghadapi tantangan tersebut, PGE berfokus kepada In a bid to overcome these challenges, PGE focused
pilar pertumbuhan jangka panjang dengan terus on its long-term growth pillar by continuously striving
mengupayakan optimalisasi produksi dari wilayah kerja for production optimization in its operational areas,
yang dimiliki, melakukan akselerasi penyelesaian proyek- accelerating the completion of ongoing projects, and
proyek yang masih berjalan, serta terus mencari peluang continually seeking new growth opportunities through
pertumbuhan baru melalui berbagai kemitraan strategis. various strategic partnerships.
Selain itu, Perseroan juga mengimplementasikan In addition, the Company also implements risk
manajemen risiko sebagai sistem peringatan awal yang management as an early warning system that can serve as
dapat menjadi indikator perusahaan dalam menghadapi an indicator for the Company to face potential changes.
perubahan yang mungkin terjadi. Antara lain melalui This includes the implementation of a business continuity
penerapan sistem manajemen kelangsungan bisnis yang management system referring to ISO 22301:2019, to
mengacu kepada ISO 22301:2019, untuk memperkuat strengthen resilience of the Company’s organization.
ketahanan organisasi Perseroan.
Arahan dan kebijakan pengelolaan risiko dilakukan Guidance and risk management policies are carried
melalui pelaporan rutin dan pembahasan di tingkat out through routine reporting and discussions at the
Dewan Komisaris dan Direksi, di mana topik terkait Board of Commissioners and Directors level, where risk
manajemen risiko menjadi pembahasan rutin dalam management topics are a regular agenda item in meetings.
rapat. Tujuannya untuk memastikan bahwa risiko The aim is to ensure that the risks and challenges faced by
dan tantangan yang dihadapi oleh Perseroan telah the Company have received appropriate and measurable
mendapatkan langkah mitigasi yang tepat dan terukur. mitigation measures.
Prospek Usaha Business Prospect
Perlambatan ekonomi global diperkirakan masih akan The global economic slowdown is expected to persist in
berlanjut di tahun 2024, dipicu oleh kondisi geopolitik 2024, driven by uncertain geopolitical situations, high
yang tidak menentu, in asi yang tinggi serta kenaikan in ation, and rising interest rates. hese factors have led
suku bunga. Faktor-faktor tersebut membuat Bank Dunia the World Bank to predict that the global economy will
memprediksi ekonomi global 2024 hanya bertumbuh only grow by 2.4% in 2024.
2,4%.
Namun, Dana Moneter Internasional atau International However, the International Monetary Fund (IMF) raised its
Monetary Fund (IMF) pada Januari 2024 menaikkan projection in January 2024 to 3.1% (from the previous 2.9%),
proyeksinya ke level 3,1% (dari sebelumnya 2,9%), supported by forecasts of faster in ation declines in some
didukung oleh prediksi penurunan in asi yang lebih regions, hich ill lead to moderate global in ation rates.
cepat di beberapa wilayah yang akan berujung
kepada tingkat in asi global yang moderat.
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Perekonomian Indonesia di tahun 2024 diprediksi In 2024, Indonesia’s economy is predicted by the IMF and
oleh IMF dan Bank Dunia masih akan bertumbuh the World Bank to grow by 5% and 4.9% respectively,
masing-masing sebesar 5% dan 4,9%, ditopang oleh sustained by strong domestic consumption and government
konsumsi domestik yang kuat dan belanja pemerintah. spending. While the government expressed optimism that
Sementara pemerintah optimis pertumbuhan ekonomi domestic economic growth will reach 5.2% in 2024.
domestik akan mencapai 5,2% di tahun 2024.
n asi masih akan menjadi tantangan yang berpotensi n ation remains a challenge that could potentially
memengaruhi daya beli masyarakat dan menurunkan affect people’s purchasing power and reduce domestic
konsumsi domestik. Bank Indonesia memperkirakan consumption. Central bank Bank Indonesia predicts that
tingkat in asi ndonesia di tahun bisa mencapai ndonesia s in ation rate in could reach 3 , hich
3%, dan dapat berimplikasi kepada kenaikan suku could lead to an increase in interest rates.
bunga.
Kami melihat, kondisi geopolitik yang penuh We observe that prolonged geopolitical uncertainty
ketidakpastian dan berkepanjangan berpotensi has the potential to slow down the global transition to
memperlambat transisi energi dunia ke EBT sebagai Renewable and New Energy (RNE) as part of achieving
bagian dari pencapaian NZE dunia di tahun 2060, the world’s NZE by 2060, given that the current priority
mengingat prioritas banyak negara saat ini adalah for many countries is to maintain energy security and
menjaga ketahanan energi dan menstabilkan tingkat stabili e in ation rates. his condition could lead to a
in asi. Kondisi ini berpotensi kepada pengurangan reduction in demand, resulting in decreased revenue.
permintaan yang akan berimplikasi kepada penurunan
pendapatan.
Fluktuasi tingkat suku bunga serta volatilitas nilai tukar Fluctuations in interest rates and volatility in foreign
mata uang asing khususnya terhadap dolar Amerika exchange rates, especially against the US dollar (USD),
Serikat (USD) juga akan menjadi faktor yang terus kami will also continue to be factors we remain vigilant about in
waspadai di tahun 2024, karena akan memengaruhi 2024, as they will affect the selling prices of geothermal
harga jual listrik panas bumi yang mengacu kepada electricity, which are referenced to the Producer and
Indeks Harga Produsen dan Konsumen Amerika Serikat. Consumer Price Index of the United States.
Kami akan mengompensasi volatilitas kurs dengan We will mitigate currency exchange rate volatility
cara hedging melalui berbagai instrumen keuangan. through various financial instruments such as hedging.
Sementara untuk mengimbangi uktuasi tingkat suku ean hile, to offset uctuations in interest rates, e ill
bunga kami akan terus berusaha mencari alternatif continue to seek alternative sources of funding with low
sumber pendanaan dengan biaya murah. costs.
Penerapan manajemen risiko berdasarkan kaidah The implementation of risk management based on
Enterprise Risk Management (ERM) yang merujuk the principles of Enterprise Risk Management (ERM)
kepada ISO 31000-2018 mengenai manajemen referring to ISO 31000-2018 on risk management will
risiko, juga akan terus kami perkuat. Selain itu, sistem also be strengthened. In addition, our business continuity
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manajemen kelangsungan bisnis yang mengacu kepada management system, which refers to ISO 22301:2019,
ISO 22301:2019 juga akan terus kami terapkan untuk will also continue to be applied to enhance the resilience
memperkuat ketahanan organisasi Perseroan. of the Company’s organization.
Berada di kawasan cincin api (ring of fire), Indonesia Situated in the Pacific Ring of ire, ndonesia holds up to
menyimpan hingga 40% cadangan panas bumi 40% of the world’s geothermal reserves, stretching from
atau geotermal dari Sumatera sampai Papua, Sumatra to Papua. This makes geothermal energy one
menjadikan geotermal sebagai salah satu andalan of the key renewable energy sources to meet national
energi terbarukan untuk memenuhi kebutuhan energi energy demands. his potential opens up significant
nasional. Potensi ini membuka peluang yang besar opportunities for PGE’s performance growth, supported by
bagi pertumbuhan kinerja PGE didukung oleh the Government’s commitment to increasing the utilization
komitmen pemerintah untuk meningkatkan pemanfaatan of geothermal energy to meet national energy demands.
geotermal dalam memenuhi kebutuhan energi nasional.
Perseroan optimis, kinerja PGE masih akan terus The Company is optimistic that PGE’s performance
bertumbuh sejalan dengan strategi dan program will continue to grow in line with its sustainable
kerja berkelanjutan Perseroan melalui optimalisasi strategies and programs through the optimization
WKP yang sudah ada (existing), baik dalam hal of existing WKPs, both in terms of operational
operasional, pemeliharaan, maupun pengelolaan efficiency, maintenance, environmental management,
lingkungan serta keselamatan dan kesehatan kerja as well as health, safety, and security standards
atau Health Safety Security and Environment (HSSE). Health Safety Security and Environment (HSSE).
Di tahun 2024 Perseroan akan mendorong penyelesaian In 2024, the Company will continue to drive the completion
proyek-proyek PGE yang tengah berjalan seperti Proyek of ongoing PGE projects such as the EPCC Lumut Balai
EPCC Lumut Balai unit 2, serta melanjutkan proyek Unit 2 project, as well as continuing the developments
Hululais Unit 1 dan 2, Proyek Lahendong unit 7 dan of Hululais Unit 1 and 2 projects, and the Lahendong
8, sembari terus menjalin kemitraan strategis dengan Unit 7 and 8 projects, while also continuing to forge
perusahaan di dalam dan luar negeri untuk meningkatkan strategic partnerships with companies both domestically
kapasitas terpasang Perseroan serta mengembangkan and internationally to increase the Company’s installed
potensi panas bumi yang ada. capacity and develop existing geothermal potential.
Perubahan Komposisi Direksi Changes in the Board of Directors’
Composition
Rapat Umum Pemegang Saham Tahunan (RUPST) The Annual General Meeting of Shareholders (AGMS) on
tanggal 5 Juni 2023 mengangkat saya sebagai June 5, 2023, appointed me as the President Director of
Direktur Utama Perseroan menggantikan Bapak Ahmad the Company, replacing Mr. Ahmad Yuniarto. On behalf
Yuniarto. Mewakili Direksi, saya berterima kasih of the Board of Directors, I would like to express gratitude
dan memberikan apresiasi atas kinerja dan dedikasi and appreciation for Mr. Ahmad Yuniarto’s performance
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Bapak Ahmad Yuniarto selama menjabat di Perseroan. and dedication during his tenure at the Company.
RUPST tersebut juga mengangkat Bapak Ahmad Yani The AGMS also appointed Mr. Ahmad Yani as the
sebagai Direktur Operasi Perseroan dan memberhentikan Director of Operations and honorably dismissed the
dengan hormat Bapak Eko Agung Bramantyo sebagai position of Mr. Eko Agung Bramantyo as the Director of
Direktur Operasi Perseroan terhitung sejak ditutupnya Operations effective from the close of the meeting.
rapat.
Terdapat perubahan susunan Direksi yang berlaku There were changes in the composition of the Board
setelah akhir tahun buku 2023 berdasarkan Rapat of irectors effective after the end of the 3 fiscal
Umum Pemegang Saham Luar Biasa (RUPSLB) tanggal year based on the Extraordinary General Meeting
12 Februari 2024, yang menyetujui pemberhentian of Shareholders (EGMS) on February 12, 2024. This
dengan hormat Bapak Nelwin Adriansyah sebagai meeting approved the honorable dismissal of Mr. Nelwin
Direktur Keuangan Perseroan, dan mengangkat Bapak Adriansyah as the Director of Finance and appointed Mr.
Yurizki Rio sebagai Direktur Keuangan Perseroan efektif Yurizki Rio as the Director of Finance effective from the
sejak ditutupnya rapat. close of the meeting.
Dengan demikian, susunan Direksi Perseroan Therefore, the composition of the Company’s Board of
per 31 Desember 2023 dan setelah akhir tahun buku Directors as of December 31, 2023, and after the end of
hingga penyampaian Laporan Tahunan adalah sebagai the fiscal year until the submission of the Annual Report
berikut: is as follows:
Komposisi Direksi Per 31 Desember 2023
Composition of the Board of Directors as of December 31, 2023
Direktur Utama
ulfi adi
President Director
Direktur Operasi
: Ahmad Yani
Director of Operations
Direktur Eksplorasi dan Pengembangan
: Rachmat Hidajat
Director of Exploration and Development
Direktur Keuangan
: Nelwin Adriansyah
Director of Finance
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Komposisi Direksi Setelah Akhir Tahun Buku Hingga Penyampaian Laporan Tahunan
Composition of the Board of Directors After the End of the Fiscal Year until the Submission
of the Annual Report
Direktur Utama ulfi adi
President Director
Direktur Operasi : Ahmad Yani
Director of Operation
Direktur Eksplorasi dan Pengembangan : Rachmat Hidajat
Director of Exploration and Development
Direktur Keuangan : Yurizki Rio
Director of Finance
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Penutup Closing
Pencapaian tahun 2023 yang begitu baik mencerminkan he e cellent achievements of 3 re ected that the
bahwa kinerja bisnis Perseroan telah berjalan dalam Company’s business performance has been on the right
koridor yang tepat. Kami berkomitmen untuk menjadi track. We are committed to being corporate members
insan korporat yang tidak hanya terus bertumbuh, namun who not only continue to grow but also are responsible,
juga bertanggung jawab, berintegritas, serta senantiasa with integrity, and always strive to make a positive impact
memberikan dampak positif bagi negeri ini. on our country.
Hasil kinerja kami tidak akan terwujud tanpa dukungan Our performance results would have not been realized
pemegang saham, pelanggan, mitra usaha, dan seluruh without the support of shareholders, customers, business
pemangku kepentingan PGE. Untuk itu saya mewakili partners, and all stakeholders of PGE. Therefore, on
Direksi menghaturkan terima kasih atas dukungannya behalf of the Board of Directors, I would like to express
yang tidak pernah putus terhadap Perseroan. Apresiasi gratitude for their endless support for the Company.
yang tinggi juga kami berikan kepada seluruh pekerja PGE We also highly appreciate all PGE employees for their
atas kontribusi dan dedikasi dalam fungsi pekerjaannya contributions and dedication in their respective roles.
masing-masing.
Kami optimis, PGE dapat terus bertumbuh didukung oleh We are optimistic that PGE can continue to grow,
komitmen pemerintah untuk meningkatkan pemanfaatan supported by the Government’s commitment to
energi terbarukan, termasuk geotermal, di dalam increasing the utilization of renewable energy, including
memenuhi kebutuhan energi di dalam negeri. Dengan geothermal, to meet domestic energy needs. With
berbekal kekuatan wilayah kerja panas bumi yang kami the strength of our geothermal working areas, the
miliki, kemitraan yang telah kami jalin, serta operasional partnerships we have forged, and our reliable operations,
yang handal, kami siap mendukung ketahanan energi we are ready to support national energy resilience.
nasional
Jakarta, 29 April 2024
Atas Nama Direksi,
On Behalf of the Board of Directors,
Julfi Hadi
Direktur Utama
President Director
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Rachmat Hidajat Ahmad Yani Julfi Hadi Nelwin Aldriansyah*
Direktur Eksplorasi dan Pengembangan Direktur Operasi Direktur Utama Direktur Keuangan
Director of Exploration and Development Director of Operation President Director Director of Finance
*Rapat Umum Pemegang Saham Luar Biasa (RUPSLB) pada 12 Februari 2024 telah menyetujui pemberhentian dengan hormat Bapak Nelwin Aldriansyah
sebagai Direktur Keuangan Perseroan dan mengangkat Bapak Yurizki Rio sebagai Direktur Keuangan Perseroan sejak tanggal ditutupnya rapat.
*The Extraordinary General Meeting of Shareholders (EGMS) on February 12, 2024 has approved the honorable dismissal of Mr. Nelwin Aldriansyah as
Director of Finance of the Company and appointed Mr. Yurizki Rio as Director of Finance of the Company from the closing date of the meeting.
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Surat Pernyataan Tanggung Jawab
liability statement letter
Surat Pernyataan Dewan Komisaris dan Direksi tentang Tanggung Jawab atas Laporan Tahunan
PT Pertamina Geothermal Energy Tbk Tahun Buku 2023
Kami yang bertanda tangan di bawah ini menyatakan bahwa semua informasi dalam Laporan Tahunan PT Pertamina
Geothermal Energy Tbk tahun 2023 telah dimuat secara lengkap dan bertanggung jawab penuh atas kebenaran isi
Laporan Tahunan Perseroan.
Demikian pernyataan ini dibuat dengan sebenarnya.
Jakarta, 29 April 2024
Sarman Simanjorang
Komisaris Utama/Komisaris Independen
President Commissioner/Independent Commissioner
Sujit S. Parhar Dannif Danusaputro Harris
Komisaris Independen Komisaris Komisaris
Independent Commissioner Commissioner Commissioner
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The Board of Commissioners’ and The Board of Directors’ Statement of Responsibility for the 2023
Annual Report of PT Pertamina Geothermal Energy Tbk
We the undersigned declare that all the information included in the Annual Report 2023 of PT Pertamina Geothermal
Energy Tbk has been fully disclosed and we are responsible for the truthfulness of the content of the Company’s Annual
Report.
This is our declaration, which has been made truthfully.
Jakarta, 29 April 2024
Julfi Hadi
Direktur Utama
President Director
Ahmad Yani Rachmat Hidajat Yurizki
YurizkiRio
Rio*
Direktur Operasi Direktur Eksplorasi dan Pengembangan Direktur Keuangan
Director of Operation Director of Exploration and Development Director of Finance
*Rapat Umum Pemegang Saham Luar Biasa (RUPSLB) pada 12 Februari 2024 telah menyetujui pemberhentian dengan hormat Bapak Nelwin Aldriansyah sebagai Direktur Keuangan Perseroan
dan mengangkat Bapak Yurizki Rio sebagai Direktur Keuangan Perseroan sejak tanggal ditutupnya rapat.
*The Extraordinary General Meeting of Shareholders (EGMS) on February 12, 2024 has approved the honorable dismissal of Mr. Nelwin Aldriansyah as Director of Finance of the Company and
appointed Mr. Yurizki Rio as Director of Finance of the Company from the closing date of the meeting.
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profil
perusahaan
company profile
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Profil Perusahaan
Company profile
tentang
about pge
pge
Nama Perseroan : PT Pertamina Geothermal Energy Tbk
Company Name
Domisili Perseroan : Jakarta
Domicile
Tanggal Pendirian : 12 Desember 2006
Date of Establishment 12 December 2006
Badan Usaha : Perseroan Terbatas
Legal Entity Anak Perusahaan Pertamina Subholding Power & New Renewable Energy (PNRE)
Limited Liability Company
Subholding Subsidiary of Pertamina Subholding Power & New Renewable Energy (PNRE)
Bidang Usaha : Pengusahaan tenaga panas bumi dan pembangkitan tenaga listrik
Line Of Business Business of geothermal energy and power generation
Dasar Hukum Pendirian : Akta Pendirian Perseroan Nomor 10 Tanggal 12 Desember 2006 dan telah mendapat
dan Perubahannya pengesahan Menteri Hukum dan Hak Asasi Manusia Republik Indonesia dengan Surat
Legal Basis of Establishment Keputusan No. W7-00089 HT.01.01-TH.2007, sebagaimana terakhir diubah dengan Akta
and Amendments No. 12 tanggal 8 Juni 2023 dan telah mendapat persetujuan Menteri Hukum dan Hak
Asasi Manusia Republik Indonesia (RI) berdasarkan Keputusan No. AHU-0033555.AH.01.02.
Tahun 2023 tanggal 15 Juni 2023, serta telah mendapat penerimaan pemberitahuan dari
Menteri Hukum dan Hak Asasi Manusia RI dengan surat No. AHU-AH.01.03.0078007 tanggal 14
Juni 2023
Deed of Company Establishment Number 12 dated 8 June 2023, and has been approved by the Min-
ister of Law and Human Rights of the Republic of Indonesia with Decree No. W7-00089 HT.01.01-
TH.2007, as last amended by Deed No. 52 dated 25 August 2022, and has obtained approval
from the Minister of Law and Human Rights of the Republic of Indonesia based on Decree No. AHU-
0033555.AH.01.02.. of 2023 dated 15 June 2023, and has received notification from the Minister
of Law and Human Rights of the Republic of Indonesia with letter No. AHU-AH.01.03.0078007 dated
14 June 2023
Modal Dasar : Rp62.092.284.000.000
Authorized Capital
Modal Ditempatkan : Rp20.698.071.000.000
Issued Capital
Kepemilikan Saham : • PT Pertamina Power Indonesia (69,01%)
Shareholding • Masdar Indonesia Solar Holdings RSC Limited (15%)
• Masyarakat/ Public (10%)
• PT Pertamina Pedeve Indonesia (5,99%)
Pencatatan Di Bursa : Perseroan mencatatkan sahamnya di Bursa Efek Indonesia pada 24 Februari 2023
Initial Public Offering The Company listed its shares on the Indonesia Stock Exchange on 24 February 2023
Kode Saham : PGEO
Ticker Code
Jumlah Pekerja : 502 pekerja di tahun 2023
Total Workers 502 workers in 2023
Alamat Perseroan : Kantor Pusat | Head Office
Head Office Address Grha Pertamina - Tower Pertamax Lt. 7, Jl. Medan Merdeka Timur No. 11-13 Gambir,
Jakarta Pusat 10110.
(021) 3983 3222
Akses Informasi : Call Center : 135
Information Access E-mail : commpge@pertamina.com
Website : pge.pertamina.com
Instagram : @pge.pertamina
Facebook : Pertamina Geothermal Energy
YouTube : pge.pertamina
X : pgepertamina
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riwayat singkat
brief history of the company
perseroan
17 tahun
years 502 15 wilayah kerja
working areas 10%
Beroperasi di Indonesia Pekerja 12 Wilayah Kerja Kuasa Saham Dimiliki
Pengusahaan, tiga Wilayah oleh Publik
Operating in Indonesia Employees
Kerja Penugasan Izin Panas
Bumi. Shares Owned by
the Public
12 Geothermal Generation
Working Areas, three
Working Areas under
Geothermal License (IPB)
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Profil Perusahaan
Company profile
PT Pertamina Geothermal Energy Tbk (PGE) didirikan PT Pertamina Geothermal Energy Tbk (PGE) was
berdasarkan Akta No. 10 tanggal 12 Desember 2006, established based on Deed No. 10 dated 12 December
yang dibuat di hadapan Marianne Vincentia Hamdani, 2006, made before Marianne Vincentia Hamdani,
S.H. Notaris di Jakarta dengan nama yang sama. Akta S.H., Notary in Jakarta with the same name. The
tersebut telah mendapat pengesahan dari Menteri deed was ratified y the Minister o Law and uman
Hukum dan Hak Asasi Manusia Republik Indonesia Rights of the Republic of Indonesia in Decree Number
dengan Surat Keputusan Nomor W7-00089HT.01.01- W7-00089HT.01.01-TH.2007 dated 3 January 2007.
TH.2007 tanggal 3 Januari 2007.
Prakarsa pendirian Perseroan bermula sejak tahun The forerunner to the establishment of the Company
1974 saat Pemerintah Indonesia menugaskan PN began in 1974, when the Government of Indonesia
Pertambangan Minyak dan Gas Bumi Negara assigned Pertamina (Perusahaan Nasional Pertambangan
(Pertamina) melakukan eksplorasi dan eksploitasi panas Minyak dan Gas Bumi Negara) to be tasked with
bumi untuk menghasilkan energi listrik. Dari eksplorasi exploring and exploiting geothermal energy, to generate
yang dilakukan Pertamina, teridentifikasi 70 wilayah ele tri ity. rom the e ploration, Pertamina identified 70
panas bumi di Indonesia dengan realisasi Pembangkit geothermal areas in ndonesia, and the first reali ation o
Listrik Tenaga Panas Bumi (PLTP) pertama yaitu PLTP a geothermal power plant (PLTP) was the PLTP Kamojang
Kamojang di Lapangan Kamojang, Jawa Barat, yang in the Kamojang Field, West Java, which commenced
beroperasi tahun 1983. operations in 1983.
Pada tahun 2000 Pemerintah kemudian menerbitkan In 2000, the Government issued Presidential Decree No.
Keputusan Presiden No. 76 Tahun 2000 tentang 76 of 2000 on the Exploitation of Geothermal Resources
Pengusahaan Sumber Daya Panas Bumi Untuk for Power Generation. In accordance with these provisions,
Pembangkitan Tenaga Listrik. Sesuai ketentuan tersebut, Pertamina was no longer the only business entity that can
Pertamina tidak lagi menjadi satu-satunya badan usaha managed geothermal energy in Indonesia. Pertamina
yang dapat mengelola panas bumi di Indonesia. then returned 18 out of 33 Geothermal Concession Areas
Pertamina kemudian mengembalikan 18 dari 33 Wilayah (WKP), which it originally managed, to the Government.
Kuasa Pengusahaan Panas Bumi (WKP) yang dikelolanya
kepada Pemerintah.
Hingga 31 Desember 2023, Perseroan mengelola By the end of December 31, 2023, the Company manages
15 Wilayah Kerja (WK) yang terdiri dari 12 Wilayah 15 Work Areas (WK), consisting of 12 Geothermal
Kerja Panas Bumi (WKP), dan tiga Wilayah Kerja Izin Working Areas (WKP), and three Geothermal License
Panas Bumi (IPB).Total kapasitas terpasang dalam WKP Areas (IPB). The total installed capacity within the
adalah 1.877 MW (Own Operations 672 MW & Joint WKP is 1,877 MW (Own Operations 672 MW & Joint
Operation Contract 1.205 MW). Operation Contract 1,205 MW).
Adapun maksud pendirian Perseroan adalah The purpose of establishment of the Company is to carry
menyelenggarakan usaha di bidang panas bumi dari out business in the geothermal sector from the upstream
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Profil Perusahaan
Company profile
sisi hulu dan/atau sisi hilir baik di dalam maupun di and/or downstream sides both at home and abroad, as
luar negeri, serta kegiatan usaha lain yang terkait well as other business activities related to or supporting
atau menunjang kegiatan usaha di bidang panas business activities in the geothermal sector by applying
bumi dengan menerapkan prinsip-prinsip Perseroan the principles of Limited Liability Company. Meanwhile,
Terbatas. Sedangkan tujuan pendirian Perseroan the esta lishment o the ompany aims to o tain profits
adalah memperoleh keuntungan berdasarkan prinsip ased on the prin iples o e e ti e and e fi ient ompany
pengelolaan perusahaan se ara e ekti dan efisien serta management, as well as to increase the role of geothermal
meningkatkan peran panas bumi dalam menunjang energy in supporting national energy needs.
kebutuhan energi nasional.
Sesuai Keputusan Menteri Energi dan Sumber Daya In accordance with Decree of the Minister of Energy and
Mineral No. 2067 K/30/MEM/2012 tanggal Mineral Resources No. 2067 K/30/MEM/2012 dated
18 Juni 2012, Perseroan mengelola 14 WKP di seluruh 18 June 2012, the Company manages 14 WKP across
Indonesia, yang terdiri dari 12 wilayah kerja kuasa Indonesia, consisting of 12 geothermal business authority
pengusahaan panas bumi. Pada tanggal 29 Desember work areas. On 29 December 2014, the Company,
2014, Perseroan dengan persetujuan pemegang saham with the approval of the Shareholders, sent a letter
mengirimkan surat perihal pengembalian WKP Gunung regarding the return of WKP Gunung Iyang Argopuro
Iyang Argopuro dan Kotamobagu kepada Pemerintah and Kotamobagu to the Government in connection with
dikarenakan hingga tanggal 31 Desember 2014 the fact that up to 31 December 2014, the WKP had
WKP tersebut belum masuk tahap eksploitasi, sesuai not yet entered the exploitation stage, according to the
amanat dalam ketentuan peralihan Undang-undang mandate in the transitional provisions of Law No. 21 of
No. 21 Tahun 2014 tentang Panas Bumi. 2014 on Geothermal.
Pada bulan Januari 2015 Perseroan, dan Pemerintah In January 2015, the Company and the Government,
menyetujui pengembalian WKP Gunung Iyang approved the return of WKP Gunung Iyang Argopuro
Argopuro dan Kotamobagu, sehingga sejak tahun and Kotamobagu. As a result, since 2015 the Company
2015 Perseroan mengelola 12 WKP. Dalam rangka manages about 12 WKP. In order to develop the
pengembangan usaha panas bumi secara berkelanjutan, geothermal business in a sustainable manner, the
Perseroan telah mendirikan dua Anak Perusahaan yaitu Company has established 2 (two) Subsidiaries, namely PT
PT Pertamina Geothermal Energy Lawu pada Mei Pertamina Geothermal Energy Lawu in May 2016 which
2016 yang mengelola WKP Gunung Lawu, namun manages WKP Gunung Lawu. However, as of July 2022
terhitung bulan Juli 2022 berubah nama menjadi it changed its name to PT Pertamina Geothermal Energy
PT Pertamina Geothermal Energy Kotamobagu untuk Kotamobagu to managing WKP Kotamobagu based
mengelola WKP Kotamobagu berdasarkan Izin on Geothermal Permits in the form of assignments to PT
Panas Bumi berupa penugasan kepada PT Pertamina Pertamina (Persero and or a filiates. e ond su sidiary,
(Persero dan atau afiliasi. nak Perusahaan kedua, PT Geothermal Energi Seulawah in July 2017 which
PT Geothermal Energi Seulawah pada Juli 2017 yang manages the Seulawah Agam Geothermal Permit Work
mengelola Wilayah Kerja Izin Panas Bumi Seulawah Area.
Agam.
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Profil Perusahaan
Company profile
Sejalan dengan transformasi PT Pertamina (Persero) In line with the transformation of PT Pertamina (Persero)
sebagai Holding di sektor energi, serta upaya menjadi as a Holding in energy sector, as well as striving to be
pemain energi dunia dengan valuasi hingga USD100 recognized as a major player in the global energy market,
miliar, pada bulan Agustus 2021 PT Pertamina (Persero) valued at up to USD100 billion, in August 2021, PT
menyelesaikan proses restrukturisasi dengan membentuk Pertamina (Persero) completed the restructuring process
enam Subholding. Salah satunya adalah Subholding with forming 6 Subholdings. One of them was Power
Power & New Renewable Energy (Subholding PNRE) & New Renewable Energy (PNRE), which is operated
yang dioperasikan melalui Pertamina New & Renewable by Pertamina New & Renewable Energy (Pertamina
Energy (Pertamina NRE), rebranding dari PT Pertamina NRE), rebranding from PT Pertamina Power Indonesia.
Power Indonesia.
Tujuan dari proses restrukturisasi tersebut adalah untuk The restructuring aims to accelerate the development
mempercepat pengembangan bisnis dan kapabilitas and capability of existing business as well as to
isnis eksisting serta meningkatkan eksi ilitas dalam in rease the e i ility o unding and partnership
kemitraan dan pendanaan yang lebih menguntungkan that is more profita le or the ompany.
bagi perusahaan.
Proses pembentukan Subholding PNRE tersebut The process of forming the PNRE Subholding was then
kemudian diikuti oleh restrukturisasi organisasi PGE followed by the restructuring of the PGE organization as
selaku bagian dari Subholding tersebut. Sesuai tujuan part of that Subholding. In accordance with the objectives
pembentukan Subholding PNRE, PGE juga akan turut of establishing the PNRE Subholding, PGE will also play
berperan dalam mewujudkan transisi energi, mendukung a role in realizing energy transition, supporting national
ketahanan energi nasional, serta mewujudkan Indonesia energy security, and realizing a clean Indonesia pursuant
yang bersih sesuai komitmen Pemerintah dalam Paris to the Government’s commitment in the Paris Agreement.
Agreement.
Pada tahun 2023 PGE mencatat sejarah baru menjadi In 2023, PGE made a new milestone by becoming a
perusahaan terbuka, dengan melepas 25% sahamnya public Company, releasing 25% of its shares to the public.
ke publik. Aksi korporasi ini merupakan bukti akan This corporate action is evidence of PGE’s commitment
komitmen PGE untuk tidak hanya menjadi pengelola not only to being a manager of geothermal energy, one
energi panas bumi (geothermal), salah satu energi of the renewable energies needed in the global energy
terbarukan yang dibutuhkan dalam proses transisi energi transition process towards Net Zero Emission (NZE) by
dunia menuju Net Zero Emission (NZE) di 2060, namun 2060, but also as a manifestation of the Company’s
juga sebagai wujud komitmen Perseroan untuk terus commitment to continue conducting business performance,
menjalankan kinerja bisnis, operasional dan tata kelola operations, and governance responsibly and sustainably.
secara bertanggung jawab dan berkelanjutan.
Hingga akhir tahun 2023, Perseroan mengelola By the end of 2023, the Company managed 15 Working
15 Wilayah Kerja yang terdiri atas 13 Wilayah Kerja Areas consisting of 13Geothermal Generation Working
Kuasa Pengusahaan, satu Wilayah Kerja Penugasan Areas, one Geothermal License Assignment Working
Izin Panas Bumi dan satu Wilayah Kerja dengan Usaha Area, and one Working Area in a Joint Venture. The total
Gabungan (Joint Venture). Total kapasitas terpasang installed capacity operated directly by the Company was
yang dioperasikan sendiri oleh Perseroan sebesar about to 672 MW, and 1,205 MW operated jointly.
672 MW, dan 1.205 MW dioperasikan bersama. All WKPs are geographically situated in Sumatra, Java,
Seluruh WKP tersebar di Sumatera, Jawa, Bali, dan Bali, and Sulawesi.
Sulawesi.
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Profil Perusahaan Company profile elevate Laporan Tahunan 2023 Annual Report 97
Page 98
JEJAK LANGKAH
PERSEROAN
milestone
PLTP Lahendong Unit 1
berkapasitas 20 MW resmi
beroperasi pada 21 Agustus
2001 dengan memanfaatkan
energi panas bumi dari Lapangan
Lahendong, Sulawesi Utara.
PLTP Lahendong Unit 1 with a
capacity of 20 MW officially
PLTP Sibanyak Monoblok
operated on 21 August 2001,
berkapasitas 2 MW yang terletak
by utilizing geothermal energy
di WKP Gunung Sibanyak-Gunung
from the Lahendong Field, North
Sinabung, Sumatera Utara resmi
Sulawesi.
beroperasi pada 8 Agustus 1996.
PLTP Sibayak Monoblok with a
capacity of 2 MW located in the
Gunung Sibayak-Gunung Sinabung
WKP, North Sumatra officially
operated on 8 August 1996.
PLTP Kamojang Unit 2 dan 3
berkapasitas 2 x 55 MW mulai
beroperasi secara komersial pada
2 Oktober dan 15 November 1987.
PLTP Kamojang Unit 2 and 3 with
a capacity of 2 x 55 MW began
Pembangkit Listrik Tenaga Panas commercial operations on 2 October
Bumi (PLTP) Kamojang Unit I and 15 November 1987.
berkapasitas 30 MW resmi
Penugasan pemerintah kepada beroperasi pada 28 Januari
Pertamina untuk melakukan 1983, dengan memanfaatkan
survei sumber panas bumi, dan energi panas bumi dari Lapangan
melakukan eksplorasi serta Kamojang, Jawa Barat.
eksploitasi untuk menghasilkan
The Kamojang Unit I Geothermal
energi listrik berdasarkan UU
Power Plant (PLTP) with a
No. 8 Tahun 1971 jo. Keppres
capacity of 30 MW was officially
64/1972 jo. Keppres 16/1974.
operational on 28 January 1983,
The Government has assigned by utilizing geothermal energy
Pertamina to conduct surveys of from the Kamojang Field, West
geothermal sources and carry Java.
out exploration and exploitation
to generate electrical energy
according to Law No. 8 of 1971
jo. Presidential Decree No. 64 of
1972 jo. Presidential Decree No.
16 of 1974.
98 ELEVATE Laporan Tahunan 2023 Annual Report
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• PLTP Kamojang Unit 4 berkapasitas
60 MW yang terletak di WKP
Kamojang, Jawa Barat resmi
beroperasi pada 26 Januari 2008.
• PLTP Sibayak Unit 1 dan 2
berkapasitas 2 x 5 MW yang terletak
di WKP Gunung Sibayak-Gunung
Sinabung, Sumatera Utara resmi
Berdasarkan Keputusan Presiden
beroperasi pada 22 dan
No. 76 Tahun 2000, Pertamina
30 September 2008.
mengembalikan 16 dari 31 WKP
kepada Pemerintah Indonesia. • PLTP Kamojang Unit 4 with a
capacity of 60 MW located in WKP
Based on Presidential Decree No.
Kamojang, West Java officially
76 of 2000, Pertamina returned
operated on 26 January 2008.
16 out of 31 WKPs to the
Indonesia Government. • PLTP Sibayak Unit 1 and 2 with
a capacity of 2 x 5 MW located
in WKP Gunung Sibayak-Gunung
Sinabung, North Sumatra officially
operated on 22 and 30 September
2008.
Pertamina bertransformasi menjadi
PT Pertamina (Persero) untuk
PLTP Lahendong Unit 2
memenuhi Undang-Undang
berkapasitas 20 MW resmi
No. 22 Tahun 2001 tentang
beroperasi pada 19 Juni 2007.
Minyak dan Gas Bumi.
PLTP Lahendong Unit 2 with
Pertamina transformed into
a capacity of 20 MW officially
PT Pertamina (Persero) to comply
operated on 19 June 2007.
with Law No. 22 of 2001 on Oil
and Gas. Untuk memenuhi Peraturan
Pemerintah No. 31 Tahun 2003,
Pertamina mendirikan
PT Pertamina Geothermal Energy
untuk mengelola kegiatan usaha di
bidang pemanfaatan panas bumi.
To fulfill Government Regulation
No. 31 of 2003, Pertamina
established PT Pertamina
Geothermal Energy Tbk to manage
the geothermal business activities.
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• PLTP Ulubelu Unit 3 dengan kapasitas • PLTP Ulubelu Unit 4 yang
55 MW beroperasi secara komersial pada berkapasitas 55 MW resmi
26 Juli 2016. beroperasi secara komersial pada
25 Maret 2017.
• PLTP Lahendong Unit 5 dan 6 berkapasitas
2 x 20 MW beroperasi secara komersial • PT Geothermal Energi Seulawah
pada 15 September dan 9 Desember 2016. didirikan pada 31 Juli 2017,
berupa perusahaan patungan
• PLTP Ulubelu Unit 3 with a capacity of antara PGE dengan
55 MW began commercial operations on PT Pembangunan Aceh (PEMA)
26 July 2016.
• PLTP Ulubelu Unit 4 with a capacity
• PLTP Lahendong Unit 5 and 6 with a of 55 MW officially began
capacity of 2 x 20 MW began commercial commercial operations on 25
operations on 15 September and March 2017.
9 December 2016.
• PT Geothermal Energi Seulawah
was established on July 31, 2017,
a joint venture between PGE and
PT Pembangunan Aceh (PEMA).
• Pengembalian WKP Gunung Iyang
Argopuro dan Kotamobagu kepada
Pemerintah sehingga area kerja
Perseroan menjadi 12 WKP.
• PLTP Kamojang Unit V berkapasitas
35 MW mulai beroperasi secara
komersial sejak 29 Juni 2015 dan
diresmikan oleh Presiden Joko Widodo
pada 7 Juli 2015.
• The return of WKP Gunung Iyang
Argopuro and Kotamobagu to the
Government reducing the Company’s
WKP to 12.
• PLTP Kamojang Unit V with a capacity
of 35 MW began commercial
operations on 29 June 2015, and
was inaugurated by President Joko
Widodo on 7 July 2015.
• Perseroan menerima pengalihan
kuasa pengusahaan sumber daya
panas bumi atas 14 WKP dari
Pertamina.
• PLTP Lahendong Unit 4 • PLTP Ulubelu Unit 1 dan 2
berkapasitas 20 MW yang berkapasitas 55 MW yang
terletak di WKP Lahendong, terletak di WKP Ulubelu,
Sulawesi Utara resmi Lampung resmi beroperasi pada
beroperasi pada 16 September 2012.
23 Desember 2011.
• The Company received the
• PLTP Lahendong Unit 3 • PLTP Lahendong Unit 4 with a transfer of geothermal authority
berkapasitas 20 MW capacity of 20 MW located from Pertamina for 14 WKPs.
resmi beroperasi pada in WKP Lahendong, North
Sulawesi officially operated • PLTP Ulubelu Unit 1 and 2 with
7 April 2009.
on 23 December 2011. a capacity of 55 MW located in
• PLTP Lahendong Unit 3 with WKP Ulubelu, Lampung officially
a capacity of 20 MW operated on 16 September
officially operated on 2012.
7 April 2009.
100 ELEVATE Laporan Tahunan 2023 Annual Report
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• PLTP Karaha Unit 1
berkapasitas 30 MW
beroperasi secara komersial
pada 6 April 2018.
• PLTP Karaha Unit 1 with a • Perseroan telah melaksanakan
capacity of 30 MW began Penawaran Umum Saham Perdana
commercial operations on atau Initial Public Offering (IPO)
6 April 2018. kepada masyarakat sebanyak
10.350.000.000 (sepuluh miliar
tiga ratus lima puluh juta) saham
biasa dengan harga Rp875 per
lembar saham. Saham Perseroan
tercatat dan diperdagangkan di
• PLTP Lumut Balai Unit 1 Bursa Efek Indonesia dengan kode
berkapasitas 55 MW beroperasi saham PGEO pada 24 Februari
secara komersial pada 2023.
September 2019.
• Perseroan menerbitkan surat utang
• PLTP Lumut Balai Unit 1 berwawasan hijau (green bond)
with a capacity of 55 MW senilai USD400.000.000 (empat
began commercial operations in ratus juta Dolar Amerika Serikat)
September 2019. dengan bunga tetap sebesar 5,15%
(lima koma lima belas persen) per
tahun dan jatuh tempo pada
April 2028.
• Selesainya proses legal end state
Subholding Power & Renewable • Konsorsium antara Perseroan dan
Energy (PNRE). Chevron New Energies Holdings
Indonesia Ltd. membentuk Joint
• The completion of the legal end
Venture Company, yakni PT
state process for Subholding
Cahaya Anagata Energy untuk
of Power & Renewable Energy
pengembangan Wilayah Kerja
(PNRE).
Panas Bumi (WKP) Way Ratai,
Lampung.
• The Company has conducted an
Initial Public Offering (IPO) to the
public for 10,350,000,000 (ten
billion three hundred fifty million)
common shares at a price of
Rp875 per share. The Company’s
shares are listed and traded on the
• PT Pertamina (Persero) menunjuk • PT Pertamina (Persero) appointed Indonesia Stock Exchange under
PT Pertamina Geothermal Energy PT Pertamina Geothermal Energy the ticker code “PGEO” in
Kotamobagu (PGE Kotamobagu) Kotamobagu (PGE Kotamobagu) 24 February 2023.
sebagai entitas Anak PGE as a Subsidiary of PGE to carry
untuk melaksanakan penugasan out the assignment of geothermal • The Company issued a green
pengusahaan panas bumi di exploitation in WKP Kotamobagu bond worth USD400,000,000
WKP Kotamobagu pada on September 19, 2022. (four hundred million United States
19 September 2022 Dollars) with a fixed interest rate of
• Change in the status of the 5.15% (five point fifteen percent)
• Perubahan status perseroan Company to a public company per annum and maturing in
menjadi terbuka untuk persiapan for the planned preparation of April 2028.
rencana penawaran umum initial public offering of shares
perdana saham (Go Public). (Go Public). • The consortium between the
Company and Chevron New
• Perseroan telah mengembangkan • The Company has developed Energies Holdings Indonesia Ltd.
pembangkit listrik biner kecil a small binary power plant in formed a Joint Venture Company,
di Area Lahendong, dengan the Lahendong Area, with an namely PT Cahaya Anagata
kapasitas terpasang sebesar installed capacity of Energy, for the development of the
500 kW (net). Proyek ini 500 kW (net).This project is Geothermal Working Area (WKP)
merupakan bagian dan part of the implementation of in Way Ratai, Lampung.
implementasi program Beyond the Company’s Beyond Energy
Energy Perseroan dan telah program and was completed in
diselesaikan pada Desember December 2022.
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Profil Perusahaan
Company profile
visi, misi, dan
nilai-nilai perseroan
vision, mission, and corporate values
visi
World Class Green Energy Company
with Largest Geothermal Capacity
Globally
vision
VISIon & mission
misi
1. Menciptakan nilai dengan memaksimalkan
pengelolaan end-to-end potensi panas bumi
beserta produk turunannya.
mission 2. Mendukung dan berpartisipasi dalam agenda
dekarbonisasi nasional dan global.
1. Create value by maximizing the end-to-end management of
geothermal potential and its derivative products.
2. Support and participate in the national and global
decarbonization agenda.
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Profil Perusahaan
Company profile
Nilai-nilaI
values
amanah Memegang teguh kepercayaan yang
telah diberikan.
trustworthy Commitment to uphold
the trust given.
kompeten
Terus belajar dan mengembangkan
kapabilitas
competent Constant commitment to continuous
learning and capability development.
harmonis Saling peduli dan menghargai
perbedaan.
harmony Commitment to mutual care and
respect for differences
loyal
Berdedikasi dan mengutamakan
kepentingan bangsa dan negara.
loyal
Constant dedication and priority
for the interests of the nation and state.
adaptif
Terus berinovasi dan antusias dalam
menggerakkan ataupun menghadapi
perubahan.
adaptive Commitment to continuous innovation and
enthusiasm in driving or facing changes.
kolaboratif Membangun kerja sama yang sinergis.
collaborative synergistic cooperation.
Constant spirit embodiment to fostering
Dewan Komisaris dan Direksi PGE telah menyetujui PGE’s Board of Commissioners and Board of Directors
visi, misi dan nilai-nilai Perseroan. Nilai-nilai Perseroan have approved the vision, mission and corporate values.
ditetapkan dalam Kebijakan Umum Perusahaan yang The Corporate values are set out in the Company’s
disetujui oleh seluruh Direksi Perseroan pada tanggal General Policy, which was approved by all Corporate
17 Juli 2023. Directors on 17 July 2023.
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Profil Perusahaan
Company profile
kegiatan usaha
business activities
Bidang Usaha Line of Business
Sesuai Pasal 3 Anggaran Dasar PGE, Perseroan In accordance with Article 3 of PGE’s Articles of
didirikan dengan maksud untuk menyelenggarakan Association, the Company was established with the
usaha di bidang panas bumi dari sisi hulu dan/atau intention of conducting business in the geothermal sector
sisi hilir, baik di dalam maupun di luar negeri, serta from the upstream and/or downstream side, both at
kegiatan usaha lain yang terkait atau menunjang home and abroad, as well as conducting other business
kegiatan usaha di bidang panas bumi tersebut activities related to or supporting the geothermal business
dengan menerapkan prinsip-prinsip Perseroan. activities by applying the principles of the Company.
Kegiatan usaha Perseroan pada tahun buku adalah he ompany s usiness a ti ities or the finan ial year
sebagai berikut: are as follows:
Kegiatan Usaha Utama Main Business Activities
Kegiatan usaha utama berupa pengusahaan panas bumi The main business activity is geothermal exploitation for
untuk pemanfaatan tidak langsung: indirect utilization:
1. Pengusahaan Tenaga Panas Bumi
Geothermal Energy Exploitation
(Kode KBLI_06202)
Menyelenggarakan usaha pencarian dan
pengeboran tenaga panas bumi termasuk lokasi di
kawasan hutan, dan kegiatan lain yang berhubungan
dengan pengusahaan tenaga panas bumi sampai ke
tempat pemanfaatannya.
Carry out the geothermal power prospecting and
drilling efforts including locations in forest areas and
also other activities related to the exploitation of
geothermal power to the place of utilization.
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Profil Perusahaan
Company profile
2. Pengusahaan Tenaga Panas Bumi
Electricity Generation
(Kode KBLI_35111)
Menyelenggarakan usaha memproduksi tenaga
listrik melalui pembangkitan tenaga listrik yang
menggunakan berbagai jenis sumber energi
termasuk sumber energi fosil (batu bara, gas,
bahan bakar minyak, dan diesel), sumber energi
terbarukan (panas bumi, angin, bioenergi, sinar
matahari, aliran dan terjunan air, gerakan dan
perbedaan suhu lapisan laut), sumber energi hybrid
yang menggabungkan sumber energi fosil dengan
energi terbarukan, dan energi yang berasal dari
teknologi energy storage.
Carry out efforts to producing electricity through
electric power generation that uses various types of
energy sources including fossil energy sources (coal,
gas, fuel oil, and diesel), renewable energy sources
(geothermal, wind, bioenergy, sunlight, water flow
and fall, movement and temperature differences
of the ocean layers), hybrid energy sources that
combine fossil energy sources with renewable energy,
and energy derived from energy storage technology.
Kegiatan Usaha Pendukung/Penunjang Supporting Business Activities
Merupakan pengusahaan panas bumi untuk Geothermal exploitation for direct utilization is to:
pemanfaatan langsung:
1. Menyelenggarakan usaha yang menyediakan 1. Run a business that provides premises and
tempat dan fasilitas. facilities.
2. Menyelenggarakan usaha industri kimia. 2. Run a chemical industry business.
3. Jasa pengujian laboratorium. 3. Provide laboratory testing services.
4. Industri alat uji dalam proses industri. 4. Run an industrial in-process testing equipment
industry.
5. Aktivitas keinsinyuran dan konsultasi yang 5. Provide engineering and related business
berhubungan dengan itu. activities.
6. Agrobisnis. 6. Run Agrobusiness.
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Profil Perusahaan
Company profile
Produk dan Jasa yang Dihasilkan Products and Services Generated from
dari Kegiatan Usaha Business Activities
Produk yang dihasilkan Perseroan dari The products generated by the Company from
kegiatan usaha yang dijalankan terdiri dari: its business activities consist of:
1. Uap (Skema Upstream Project) 1. Steam (Upstream Project Scheme)
Dalam skema Upstream Project, Perseroan In the Upstream Project scheme, the
bertindak sebagai penjual uap panas Company acts as a seller of geothermal
bumi untuk disalurkan ke PLTP milik steam to be distributed to PLTP owned
pembeli, yakni PT Perusahaan Listrik by buyers, namely PT Perusahaan Listrik
Negara (Persero) atau PLN, PT Indonesia Negara (Persero) or PLN, PT Indonesia
Power, serta produsen listrik independen Power, and Independent Power Producer
(Independent Power Producer atau IPP) (IPP) PT Dizamatra Powerindo. The relations
yaitu PT Dizamatra Powerindo. Hubungan between the Company and the buyers are
antara Perseroan dengan pembeli documented in a Steam Sales Contract (SSC).
didokumentasikan dalam suatu Perjanjian
Jual Beli Uap (PJBU).
2. Listrik (Skema Total Project) 2. Electricity (Total Project Scheme)
Dalam skema Total Project, Perseroan In the Total Project scheme, the Company
bertindak sebagai penjual tenaga acts as a seller of electricity generated from
listrik yang dibangkitkan dari PLTP milik the Company’s PLTP, to be channeled to the
Perseroan, untuk disalurkan ke jaringan transmission/distribution network owned by
transmisi/distribusi milik PLN sebagai PLN as the buyer. The relations between
pembeli. Hubungan antara Perseroan the Company and PLN are documented
dengan PLN didokumentasikan dalam in a Power Purchase Agreement (PPA).
suatu Perjanjian Jual Beli Listrik (PJBL).
3. Karbon Kredit 3. Carbon Credit
PGE menjadi penyedia karbon kredit di PGE offers carbon credits to international
pasar internasional maupun domestik and domestic markets through the Indonesia
melalui Bursa Karbon Indonesia Carbon Exchange (IDXCarbon).
(IDXCarbon).
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Profil Perusahaan
Company profile
Pengelolaan Sendiri Panas Bumi
Geothermal Own Operations
Kapasitas
Realisasi Produksi
Terpasang Tanggal Operasi
2023 (MWh) Penjualan
Wilayah Kerja (MW) Komersial Lokasi
Unit Production Produk
Work Area Production Date of Commercial Location
Realization in Product Sold
Realization in Operations
2023 (MWh)
2023 (MWh)
Kamojang 1 30 227.819 28 Januari 1983 Uap Jawa Barat
28 January 1983 Steam West Java
2 55 365.465 2 Oktober 1987 Uap
2 October 1987 Steam
3 55 385.667 15 November 1987 Uap
15 November 1987 Steam
4 60 452.813 2 Oktober 1987 Listrik
2 October 1987 Electricity
5 35 261.877 29 Juni 2015 Listrik
29 June 2015 Electricity
Lahendong 1 20 119.985 21 Agustus 2001 Uap Sulawesi Utara
21 August 2001 Steam North Sulawesi
2 20 134.213 19 Juni 2007 Uap
19 June 2007 Steam
3 20 125.540 7 April 2009 Uap
7 April 2009 Steam
4 20 164.954 23 Desember 2015 Uap
23 December 2015 Steam
5 20 162.939 15 September 2016 Listrik
15 September 2016 Electricity
6 20 161.231 9 Desember 2016 Listrik
9 December 2016 Electricity
Sibayak 1 5 - 22 September 2008 Uap Sumatera Utara
22 September 2008 Steam North Sumatra
2 5 - 22 September 2008 Uap
22 September 2008 Steam
Monoblok 2 - 8 Agustus 1996 Listrik
8 August 1996 Electricity
Ulubelu 1 55 363.580 16 September 2012 Uap
Lampung
16 September 2012 Steam
2 55 404.776 24 Oktober 2012 Uap
24 October 2012 Steam
3 55 428.378 26 Juli 2016 Listrik
26 July 2016 Electricity
4 55 409.342 25 Maret 2017 Listrik
25 March 2017 Electricity
Karaha 1 30 96.682 6 April 2018 Listrik Jawa Barat
6 April 2018 Electricity West Java
Lumut Balai 1 55 469.308 1 September 2019 Listrik Sumatera Selatan
1 September 2019 Electricity South Sumatra
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Profil Perusahaan
Company profile
karbon kredit
carbon credit
PGE telah berpengalaman mengelola proyek karbon PGE has had extensive experience managing
kredit sejak tahun 2011, karena produk yang dihasilkan carbon credit projects since 2011, where the
oleh Perseroan yaitu listrik yang dihasilkan dari panas Company’s product, geothermal electricity, has
bumi, memiliki jejak emisi karbon 10 kali lebih rendah a carbon footprint that is 10 times lower than
dibandingkan pembangkit listrik dari sumber daya tak power generation from non-renewable resources.
terbarukan.
Mulai tahun 2022, PGE menjadi penyedia karbon kredit As of 2022, PGE has become a carbon credit provider
di pasar internasional, khususnya di Eropa, setelah for international markets, primarily to Europe, after
memperoleh Certified Emission Reduction (CER) dan o taining the ertified mission edu tion ( and
Gold Standard (GS) CER Proyek Clean Development Gold Standard (GS) CER for the Clean Development
Mechanism (CDM) Area Ulubelu Unit 3 dan 4 sebesar Mechanism (CDM) Project in Ulubelu Area Units 3 and
1.549.663 ton CO2eq dan Area Karaha Unit 1 sebesar 4 amounting to 1,549,663 tons of CO2eq and Karaha
192.809 ton CO2eq. Area Unit 1 amounting to 192,809 tons of CO2eq.
Gold Standard CDM merupakan premium label dari Gold Standard CDM is a premium label of CDM products
produk CDM yang diberikan sehubungan dengan granted with regard to the quality and usability of the
kualitas dan kebermanfaatan proyek bagi pembangunan project for sustainable development that is in accordance
berkelanjutan sesuai dengan kaidahTujuan Pembangunan with the principles of the Sustainable Development
Berkelanjutan (TPB) atau Sustainable Development Goals oals ( s. he old tandard M ertifi ation
( s . ertifikasi Gold Standard CDM yang diperoleh o tained y the ompany is the first old tandard
Perseroan ini merupakan sertifikasi Gold Standard CDM M ertifi ation in the ountry s geothermal se tor.
pertama dalam sektor geotermal Indonesia.
Pada tanggal 26 September 2023, seiring dengan On 26 September 2023, along with the establishment
berdirinya Bursa Karbon Indonesia (IDX Carbon), of the Indonesia Carbon Exchange (IDX Carbon), the
Perseroan menjadi perusahaan pertama penyedia ompany e ame the first ompany to pro ide ar on
karbon di Bursa tersebut. Perdagangan di IDX Carbon on the Exchange. Trading on this IDX Carbon involves
ini melibatkan proyek Lahendong (Unit 5 dan 6) yang the Lahendong project (Units 5 and 6), which is the result
merupakan hasil kerja sama PGE dengan Pertamina NRE of PGE’s collaboration with Pertamina NRE since April
sejak April 2023. Total karbon yang diterbitkan sebesar 2023. Total carbon issuance of 483,112 ton CO2eq in
483.112 ton CO2eq, dari total 864.209 ton CO2eq 202 rom total 86 ,20 ton O2e erified ar on
Verified Carbon Unit (VCU). Unit (VCU).
Penjualan kredit karbon ini dilakukan oleh Pertamina The carbon credit sales are conducted by Pertamina NRE
NRE sebagai Subholding Power & New Renewable as the Power & New Renewable Energy Subholding,
Energy, sementara PGE berperan sebagai penyedia while PGE acts as the carbon supply provider.
pasokan karbon.
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Profil Perusahaan Company profile elevate Laporan Tahunan 2023 Annual Report 109
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Profil Perusahaan
Company profile
wilayah kerja panas bumi
geothermal working areas
PGE mengelola Wilayah Kerja Panas Bumi dengan PGE manages Geothermal Working Areas with total
total kapasitas terpasang Pengelolaan Sendiri Own Operations and Joint Operation Contracts
sebesar 672 MW dan Kontrak Operasi Bersama installed capacities of 672 MW and 1,205 MW,
sebesar 1.205 MW. respectively.
(55 MW)
Lumut balai Unit 1
(55 MW)
Lumut balai Unit 2 Kotamobagu
Sumatra Selatan Sulawesi Utara
South Sumatra North Sulawesi
1x55 MW
Sungai Penuh 330MW 120MW
Jambi JOC Gn.Salak Lahendong Unit 1-6
Jawa Barat Sulawesi Utara
West Java North Sulawesi
227MW
30MW JOC Wayang Windu
Karaha Unit 1 Jawa Barat
Jawa Barat West Java
West Java
Seulawah
Aceh
271MW
JOC Darajat
12MW Jawa Barat
Sibayak West Java
Sumatera Utara
North Sumatera
330MW Way Ratai
JOC Sarulla Lampung
Sumatera Utara 235MW
North Sumatera 220MW Kamojang
Ulubelu Unit 1-5 JOC Bedugul
2x55 MW Unit 1-4 Jawa Barat Bali
Hululais Lampung West Java
Bengkulu
Bengkulu
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Sulawesi Utara Karaha Unit 1
North Sulawesi
0MW Profil Perusahaan
Company profile 120MW
C Gn.Salak Lahendong Unit 1-6
wa Barat Sulawesi Utara
st Java North Sulawesi
227MW
0MW JOC Wayang Windu
araha Unit 1
Seulawah
Aceh
271MW
JOC Darajat
12MW
Operasi Sendiri
Sibayak Per 31 Desember 2023, Perseroan mengelola 15
Own Operations
Sumatera Utara
Wilayah Kerja (WK) yang terdiri dari 12 Wilayah Kerja
North Sumatera
Panas Bumi (WKP), dan tiga Wilayah Kerja Izin Panas
Pengembangan
330MW Way Ratai Bumi (IPB).Seluruh WKP tersebar di Sumatera, Jawa,
Development
JOC Sarulla Lampung Bali, dan Sulawesi. Total kapasitas terpasang dalam
271MW 235MW
WKP adalah 1.877 MW (Own Operations 672 MW &
JOC Darajat 220MW Kamojang
Eksplorasi Ulubelu Joint Operation Contract 1.205 MW).
Unit 1-5 JOC Bedugul
Exploration
2x55 MW Unit 1-4 Jawa Barat Bali
Hululais Lampung As of December 31, 2023, the Company manages
West Java
Bengkulu 15 Working Areas (WK), consisting of 12 Geothermal
Operasi Bersama
Working Areas (WKP), and three Geothermal License
Join Operation Contract
Areas (IPB). All WKP are distributed across Sumatra,
Bengkulu Java, Bali, and Sulawesi. The total installed capacity
235MW
Kamojang within the WKP is 1,877 MW (Own Operations 672
Unit 1-5 JOC Bedugul MW & Joint Operation Contract 1,205 MW).
Jawa Barat Bali
West Java
88%
kapasitas terpasang panas bumi
di Indonesia berada di Wilayah
Kerja Panas Bumi PGE
of geothermal installed capacity in
Indonesia is within PGE Geothermal
Working Areas
88% of geothermal installed capacity in
Indonesia is within PGE Geothermal
kapasitas terpasang
yang dikelola sendiri
Working Areas
sebesar 672 mw
672 MW
OWN OPERATIONS
INSTALLED
CAPACITY
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Profil Perusahaan
Company profile
Dasar Hukum
Status Area
Legal Basis
WKP yang Dikelola Sendiri ● Kamojang-Darajat Kepmen ESDM No. 2067 K/30/
Own Operations WKP ● Cibeureum-Parabakti MEM/2012 tanggal 18 Juni 2012.
● Lahendong Decree of the Minister of Energy and
● Pangalengan Mineral Resources No. 2067 K/30/
● Tabanan MEM/2012 dated 18 June 2012.
● Karaha Cakrabuana
● Gunung Sibayak-Gunung Sinabung
● Gunung Sibual-buali
● Gunung Way Panas
● Sungai Penuh
● Lumut Balai & Margabayur
● Hululais
WKP Berdasarkan Izin Panas Bumi (IPB) Seulawah Agam Keputusan Kepala Badan Koordinasi
WKP Under Geothermal Permit (IPB) Penanaman Modal No. 1/1/IPB/
PMDN/2018 tanggal 9 April 2018.
WKP dikelola oleh PT Geothermal Energi
Seulawah selaku perusahaan patungan
antara PGE dengan PT Pembangunan
Aceh (PEMA).
Decree of Head of Investment Coordinating
Board No. 1/1/IPB/PMDN/2018 dated
9 April 2018, the WKP is operated
by PT Geothermal Energi Seulawah,
a joint venture between PGE and PT
Pembangunan Aceh (PEMA).
WKP Berdasarkan IPB dan Merupakan Kotamobagu Keputusan Menteri ESDM No.143/K/36/
Penugasan PT Pertamina (Persero) MEM/2020 tanggal 3 Agustus 2020
WKP Under IPB and Assigned by juncto Keputusan Menteri ESDM No.
PT Pertamina (Persero) 14.K/EK/01/MEM.E/2022 tanggal
20 Januari 2022. WKP dikelola oleh
PT Pertamina Geothermal Energy
Kotamobagu selaku Anak Perusahaan
PGE.
Decree of the Minister of Energy and
Mineral Resources No.143/K/36/
MEM/2020 dated 3 August 2020 juncto
Decree of the Minister of Energy and
Mineral Resources No. 14.K/EK/01/
MEM.E/2022 dated 20 January 2022,
the WKP is operated by PT Pertamina
Geothermal Energy Kotamobagu as a
subsidiary of PGE.
WKP Berdasarkan IPB dengan Usaha Way Ratai PT Cahaya Anagata Energy yang
Gabungan merupakan perusahaan konsorsium antara
WKP Under IPB and Joint Venture Scheme Perseroan dan Chevron New Energies
Holdings Indonesia Ltd. ditetapkan
sebagai pemenang pelelangan Wilayah
Kerja Panas Bumi Way Ratai melalui
Keputusan Menteri Energi dan Sumber
Daya Mineral Nomor 118.K/EK.01/
MEM/2023 tanggal 12 Juni 2023.
PT Cahaya Anagata Energy, which is
a consortium company between the
Company and Chevron New Energies
Holdings Indonesia Ltd., was appointed as
the winner of the WKP Way Ratai auction
through Decree of the Minister of Energy
and Mineral Resources No. 118.K/EK.01/
MEM/2023 dated 12 June 2023.
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Profil Perusahaan
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WKP yang dikelola sendiri (Own Operations) oleh PGE WKP own operated y P onsists o si fields that are
terdiri dari enam lapangan sudah beroperasi komersial already operating commercially with a total installed
dengan total kapasitas terpasang sebesar 672 MW capacity of 672 MW, namely Kamojang (235 MW),
yaitu: Kamojang (235 MW), Ulubelu (220 MW), Ulubelu (220 MW), Lahendong (120 MW), as well
Lahendong (120 MW) serta binary plant sebesar 500 as binary plant of 500 kW (net) for own use, Sibayak
kW (net) untuk kebutuhan sendiri (own use), Sibayak (12 MW), Karaha (30 MW), and Lumut Balai (55 MW).
(12 MW), Karaha (30 MW) dan Lumut Balai (55 MW).
Di samping itu PGE juga mengerjakan tiga proyek In addition, during the year PGE worked on three
pengembangan yaitu Lumut Balai Unit 2 (55 MW), development projects, namely Lumut Balai Unit 2 (55
Hululais Unit 1 dan 2 (110 MW), dan Sungai Penuh. MW), Hululais Unit 1 and 2 (110 MW), and Sungai Penuh.
Adapun empat lapangan lainnya dalam tahap eksplorasi here are our other fields in the ploration tage, namely
yaitu Hululais Extension – Prospek Bukit Daun, Seulawah, Hululais Extension – Bukit Daun Prospect, Seulawah,
Kotamobagu, Lahendong 7 dan 8, dan Way Ratai. Kotamobagu, Lahendong 7 and 8, and Way Ratai.
Terdapat lima lapangan yang dioperasikan melalui kerja here are fi e fields that are operated through ooperation
sama dalam bentuk Kontrak Operasi Bersama (KOB)/ in the form of a Joint Operation Contract (JOC), of which
Joint Operation Contract (JOC), yaitu empat lapangan our fields are already operating ommer ially, namely
sudah beroperasi komersial Gunung Salak (377 MW), Gunung Salak (377 MW), Darajat (271 MW), Wayang-
Darajat (271 MW), Wayang-Windu (227 MW), Sarulla Windu (227 MW , arulla ( 0 MW , and one field is in
(330 MW), dan satu lapangan dalam tahap eksplorasi the Exploration Stage, namely in Bedugul, Bali.
yaitu di wilayah Bedugul, Bali.
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Profil Perusahaan
Company profile
struktur organisasi
organizational structure
Struktur organisasi Perseroan per 31 Desember 2023 The Company’s Organizational Structure as of
berdasarkan Surat Keputusan Direksi No. 084 tanggal 31 December 2023 based on the Resolution of the Board
22 Desember 2022 adalah sebagai berikut: of Directors No. 084 dated 22 December 2022 is as
follows:
Direktur Utama
President Director
Julfi adi
Executive Secretary
Fahlia Rosalina
Direktur Eksplorasi dan Direktur Operasi Direktur Keuangan Sekretaris Perusahaan
Pengembangan Director of Operations Director of Finance Corporate Secretary
Director of Exploration and
Development
Rachmat Hidajat Ahmad Yani Nelwin Aldriansyah Kitty Andhora
Vice President Vice President General Manager Vice President Vice President HSSE
Business Operation & Area Kamojang Planning & Risk
Development Engineering Management
Vacant Andi Joko Nugroho RachmatHarahap Lia Ayu Paramita Uus Rahmat Kurniawan
Vice President Vice President General Manager Vice President Vice President
Geoscience Drilling & Services Area Lahendong Corporate Finance Human Cpital &
& Risk Management Business Support
Jayanti Anggraini Tesha Albertus Novi Purwono Vacant Eka Permana Sidik
Vice President General Manager Vice President Chief Audit Excutive
Project Development Area Ulubelu Controling &
Reporting
Edim Toto Sinulingga Hadi Suranto Promono Agungnugroho Yusuf Wahyuri
Vice President General Manager Manager Investor Manager Legal &
Reservoir Area Lumutbalai Relation Compliance
Fernando Pasaribu Catur H. U. Sukristiono Ronald A. Hutagalung Achmad Nirwana Irwan
General Manager
Area Karaha
Yanuaris Dwi Cahyono
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Profil Perusahaan
Company profile
susunan dewan komisaris dan direksi
composition of the board of commissioners and the board of directors
Berdasarkan keputusan Rapat Umum Pemegang Saham Based on the resolution of the General Meeting of
(RUPS), terdapat perubahan komposisi Dewan Komisaris Shareholders (GMS), changes to the composition of the
dan Direksi pada 2023 sebagai berikut: Board of Commissioners and the Board of Directors in
2023 are as follows:
Dewan Komisaris
Board of Commissioners
Periode Masa
Nama Jabatan Dasar Pengangkatan
Jabatan
Name Position Basis of Appointment
Period
Periode Januari - Mei 2023
Period of January - May 2023
Sarman Simanjorang Komisaris Utama/Komisaris Keputusan RUPS Sirkuler tanggal 23 Oktober 2020 - Maret
Independen 23 Oktober 2020 yang dinyatakan 2022 (periode pertama)
President Commissioner/ dalam Akta Notaris No. 3 tanggal Maret 2022 - 31 Desember
Independent Commissioner 12 November 2020 (Periode Pertama) 2023 (periode kedua)
Keputusan RUPS Sirkuler tanggal 23 October 2020 - March
25 Februari 2022 yang dinyatakan 2022 (first term)
dalam Akta Notaris No. 1 tanggal March 2022 - 31 December
1 Maret 2022 (Periode Kedua) 2023 (second term)
Circular GMS Resolution dated
23 October 2020, as stated in
the Notarial Deed No. 3 dated
12 November 2020 (First Term)
Circular GMS Resolution dated
25 February 2022, as stated in the
Notarial Deed No. 1 dated 1 March
2022 (Second Term)
Samsul Hidayat Komisaris Independen Keputusan RUPS Sirkuler tanggal 25 Februari 2022 - 25 Mei
Independent Commissioner 25 Februari 2022 yang dinyatakan 2023
dalam Akta Notaris No. 1 Tanggal 25 February 2022 - 25 May
1 Maret 2022 2023
Circular GMS Resolution dated
25 February 2022, as stated in the
Notarial Deed No. 1 dated 1 March
2022
Iman Hilmansah Komisaris Keputusan RUPS Sirkuler tanggal 25 Februari 2022 - 25 Mei
Commissioner 25 Februari 2022 yang dinyatakan 2023
dalam Akta Notaris No.1 Tanggal 25 February 2022 - 25 May
1 Maret 2022 2023
Circular GMS Resolution dated
25 February 2022, as stated in the
Notarial Deed No. 1 dated 1 March
2022
Harris Komisaris Keputusan RUPS Sirkuler tanggal 25 Februari 2022 –
Commissioner 25 Februari 2022 yang dinyatakan 31 Desember 2023
dalam Akta Notaris No.1 Tanggal
1 Maret 2022 25 February 2022 –
Circular GMS Resolution dated 31 December 2023
25 February 2022, as stated in the
Notarial Deed No. 1 dated 1 March
2022
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Profil Perusahaan
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Periode Juni - Desember 2023
Period of June - December 2023
Sarman Simanjorang Komisaris Utama/Komisaris Keputusan RUPS Sirkuler tanggal 23 Oktober 2020 - Maret
Independen 23 Oktober 2020 yang dinyatakan 2022 (periode pertama)
President Commissioner/ dalam Akta Notaris No. 3 tanggal Maret 2022 - 31 Desember
Independent Commissioner 12 November 2020 (Periode Pertama) 2023 (periode kedua)
Keputusan RUPS Sirkuler tanggal 23 October 2020 - March
25 Februari 2022 yang dinyatakan 2022 (first term)
dalam Akta Notaris No. 1 tanggal March 2022 - 31 December
1 Maret 2022 (Periode Kedua) 2023 (second term)
Circular GMS Resolution dated
23 October 2020, as stated in
the Notarial Deed No. 3 dated
12 November 2020 (First Term)
Circular GMS Resolution dated
25 February 2022, as stated in the
Notarial Deed No. 1 dated 1 March
2022 (Second Term)
Sujit S. Parhar Komisaris Independen Keputusan RUPST tanggal 5 Juni 5 Juni - 31 Desember 2023
Independent Commissioner 2023 yang dinyatakan dalam Akta 5 June - 31 December 2023
Notaris No. 11 tanggal 8 Juni 2023
AGMS Resolution dated 5 June 2023,
as stated in the Notarial Deed No. 11
dated 8 June 2023
Dannif Danusaputro Komisaris Keputusan RUPST tanggal 5 Juni 5 Juni - 31 Desember 2023
Commissioner 2023 yang dinyatakan dalam Akta 5 June - 31 December 2023
Notaris No. 11 tanggal 8 Juni 2023
AGMS Resolution dated 5 June 2023,
as stated in the Notarial Deed No. 11
dated 8 June 2023
Harris Komisaris Keputusan RUPS Sirkuler tanggal 25 Februari 2022 –
Commissioner 25 Februari 2022 yang dinyatakan 31 Desember 2023
dalam Akta Notaris No. 1 Tanggal 25 February 2022 –
1 Maret 2022 31 December 2023
Circular GMS Resolution dated
25 February 2022, as stated in the
Notarial Deed No. 1 dated 1 March
2022
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Profil Perusahaan
Company profile
Direksi
Board of Directors
Periode Masa
Nama Jabatan Dasar Pengangkatan
Jabatan
Name Position Basis of Appointment
Period
Periode Januari - Mei 2023
Period of January - May 2023
Ahmad Yuniarto Direktur Utama Keputusan RUPS Sirkuler tanggal 15 Februari 2021 - 5 Juni
President Director 15 Februari 2021 yang dinyatakan dalam 2023
Akta Notaris No. 32 tanggal 26 Februari 15 February 2021 - 5 June
2021 2023
Circular GMS Resolution dated 15 February
2021, as stated in the Notarial Deed No.
32 dated 26 February 2021
Eko Agung Bramantyo Direktur Operasi Keputusan RUPS Sirkuler tanggal 24 Agustus 2018 - 23
Director of Operation 24 Agustus 2018 yang dinyatakan Agustus 2021 (Periode
dalam Akta Notaris No. 3 tanggal Pertama)
5 September 2018 (Periode Pertama)
Keputusan RUPS Sirkuler tanggal 1 Oktober 2021 - 5 Juni
1 Oktober 2021 yang dinyatakan 2023
dalam Akta Notaris No. 18 tanggal (Periode Kedua)
27 Oktober 2021 (Periode Kedua)
Circular GMS Resolution dated 24 August
2018, as stated in the Notarial Deed No. 3 24 August 2018 – 23
dated 5 September 2018 (First Term) August 2021 (First Term)
Circular GMS Resolution dated 1 October
2021, as stated in the Notarial Deed No. 2021 – 5 June 2023 (Second
18 dated 27 October 2021 (Second Term) Term)
Rachmat Hidajat Direktur Eksplorasi Keputusan RUPS Sirkuler tanggal 21 Maret 21 Maret 2022 - 31
dan Pengembangan 2022 yang dinyatakan dalam Akta Notaris Desember 2023
Director of Exploration No. 31 Tanggal 24 Maret 2022 21 March 2022 - 31
and Developmen Circular GMS Resolution dated 21 March December 2023
2022, as stated in the Notarial Deed No.
32 dated 24 March 2022
Nelwin Aldriansyah Direktur Keuangan Keputusan RUPS Sirkuler tanggal 15 Februari 2021 - 31
Director of Finance 15 Februari 2021 yang dinyatakan dalam Desember 2023
Akta Notaris No. 32 tanggal 26 Februari 15 February 2021 - 31
2021 December 2023
Circular GMS Resolution dated 15 February
2022, as stated in the Notarial Deed No.
32 dated 26 February 2021
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Company profile
Periode Juni - Desember 2023
Period of June - December 2023
Julfi adi Direktur Utama Keputusan RUPST tanggal 5 Juni 5 Juni 2023 - 31 Desember
President Director 2023 yang dinyatakan dalam Akta 2023
Notaris No. 11 tanggal 8 Juni 2023 5 June 2023 - 31 December
AGMS Resolution dated 5 June 2023, 2023
as stated in the Notarial Deed No. 11
dated 8 June 2023
Ahmad Yani Direktur Operasi Keputusan RUPST tanggal 5 Juni 5 Juni 2023 - 31 Desember
Director of Operation 2023 yang dinyatakan dalam Akta 2023
Notaris No. 11 tanggal 8 Juni 2023 5 June 2023 - 31 December
AGMS Resolution dated 5 June 2023, 2023
as stated in the Notarial Deed No. 11
dated 8 June 2023
Rachmat Hidajat Direktur Eksplorasi dan Keputusan RUPS Sirkuler tanggal 21 Maret 2022 - 31
Pengembangan 21 Maret 2022 yang dinyatakan Desember 2023
Director of Exploration and dalam Akta Notaris No 31 Tanggal 21 March 2022 - 31
Development 24 Maret 2022 December 2023
Circular GMS Resolution dated
21 March 2022, as stated in the No-
tarial Deed No. 32 dated 24 March
2022
Nelwin Aldriansyah Direktur Keuangan Keputusan RUPS Sirkuler tanggal 15 Februari 2021 - 31
Director of Finance 15 Februari 2021 yang dinyatakan Desember 2023
dalam Akta Notaris No. 32 tanggal 15 February 2021 - 31
26 Februari 2021 December 2023
Circular GMS Resolution dated
15 February 2021, as stated in the
Notarial Deed No. 32 dated
26 February 2021
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Profil Perusahaan
Company profile
Dengan demikian, susunan Dewan Komisaris dan Thus, the composition of the Board of Commissioners
Direksi Perseroan per 31 Desember 2023 adalah and the Board of Directors is as follows:
sebagai berikut:
Dewan Komisaris l Board of Commissioners
Komisaris Utama/Komisaris Independen
: Sarman Simanjorang
President Commissioner/Independent Commissioner
Komisaris Independen
: Sujit S. Parhar
Independent Commissioner
Komisaris
: Dannif Danusaputro
Commissioner
Komisaris
: Harris
Commissioner
Direksi l Board of Directors
Direktur Utama
: Julfi adi
President Director
Direktur Operasi
: Ahmad Yani
Director of Operation
Direktur Eksplorasi dan Pengembangan
: Rachmat Hidajat
Director of Exploration and Development
Direktur Keuangan
: Nelwin Aldriansyah
Director of Finance
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Perubahan Susunan Direksi Setelah Changes in the Composition of the
Akhir Tahun Buku 2023 Board of Directors After the End of the
2023 Financial Year
Terdapat perubahan susunan Direksi yang berlaku There are changes to the composition of the Board of
setelah akhir tahun buku 2023 berdasarkan Rapat ire tors e e ti e a ter the end o the 202 finan ial
Umum Pemegang Saham Luar Biasa (RUPSLB) pada year based on the Extraordinary General Meeting of
12 Februari 2024, yaitu: Shareholders (EGMS) on 12 February 2024, as follows:
● Menyetujui pemberhentian dengan hormat ● Approving the honorable dismissal of Mr. Nelwin
Bapak Nelwin Aldriansyah sebagai Aldriansyah as the Company’s Director of Finance
Direktur Keuangan Perseroan berlaku efektif effective as of the closing date of the Meeting.
terhitung sejak tanggal ditutupnya Rapat.
● Menyetujui pengangkatan Bapak Yurizki Rio ● Approving to appoint Mr. Yurizki Rio as the
sebagai Direktur Keuangan Perseroan berlaku efektif Company’s Director of Finance effective
terhitung sejak tanggal ditutupnya Rapat. as of the closing date of the Meeting.
Dengan demikian, susunan Dewan Komisaris dan Direksi Thus, the composition of the Board of Commissioners
setelah tahun buku hingga penyampaian Laporan and ire tors a ter the finan ial year until the the
Tahunan 2023 adalah: publication ofAnnual Report is as follows:
Dewan Komisaris l Board of Commissioners
Komisaris Utama/Komisaris Independen
: Sarman Simanjorang
President Commissioner/Independent Commissioner
Komisaris Independen
: Sujit S. Parhar
Independent Commissioner
Komisaris
: Dannif Danusaputro
Commissioner
Komisaris
: Harris
Commissioner
Direksi l Board of Directors
Direktur Utama
: Julfi adi
President Director
Direktur Operasi
: Ahmad Yani
Director of Operations
Direktur Eksplorasi dan Pengembangan
: Rachmat Hidajat
Director of Exploration and Development
Direktur Keuangan
: Yurizki Rio
Director of Finance
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Profil Perusahaan Company profile elevate Laporan Tahunan 2023 Annual Report 121
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profil
dewan
komisaris
board of commissioners profile
122 elevate Laporan Tahunan 2023 Annual Report
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SARMAN SIMANJORANG Komisaris Utama/Komisaris Independen President Commissioner/Independent Commissioner elevate Laporan Tahunan 2023 Annual Report 123
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Profil Perusahaan
Company profile
SARMAN SIMANJORANG
Komisaris Utama/Komisaris Independen
President Commissioner/Independent Commissioner
Kewarganegaraan: Warga Negara Indonesia
Nationality: Indonesian
Usia:
58 tahun/ years old
Age:
Tempat & Tanggal Lahir: Sumbul, 14 Juni 1965
Place & Date of Birth: Sumbul, 14 June 1965
Domisili:
Jakarta
Domicile:
Diangkat menjadi Komisaris Utama Perseroan untuk pertama kalinya berdasarkan Keputusan RUPS Sirkuler
tanggal 23 Oktober 2020 yang dinyatakan dalam Akta Notaris No. 3 tanggal 12 November 2020, yang kemudian
diperbarui dengan Akta No. 1 tanggal 1 Maret 2022.
Dasar Hukum Penunjukan:
Legal Basis of Appointment:
Appointed as Corporate President Commissioner for the first time based on the Circular GMS Resolution dated 23
October 2020 as stated in the Notarial Deed No. 3 dated 12 November 2020. Subsequently, the resolution was
renewed with the Notarial Deed No. 1 dated 1 March 2022.
• 23 Oktober 2020 - Maret 2022 (periode pertama)
• Maret 2022 - 31 Desember 2023 (periode kedua)
Periode Menjabat:
Term of Office:
• 23 October 2020 - March 2022 (first term)
• March 2022 - 31 December 2023 (second term)
• Sarjana Manajemen, Sekolah Tinggi Ilmu Ekonomi Adhy Niaga (2007)
• Magister Administrasi Publik, Sekolah Tinggi Ilmu Administrasi Mandala Indonesia (2010)
Latar Belakang Pendidikan:
Educational Background:
• Bachelor’s Degree in Management, Adhy Niaga College of Economics (2007)
• Master’s Degree in Public Administration, Mandala Indonesia College of Administrative Sciences (2010)
• Wakil Ketua - Dewan Pertimbangan KADIN DKI Jakarta (2021- sekarang)
• Wakil Ketua Umum Bidang Pengembangan Otonomi Daerah - KADIN Indonesia (2021- sekarang)
• Direktur Eksekutif - APKASI (2020-sekarang)
• Komisaris Utama - PT Batulicin Nusantara Maritim Tbk (2019 - sekarang)
• Bidang Ketenagakerjaan dan Jaminan Sosial - DPN APINDO (2018 - sekarang)
• Komisaris Utama - PT Delta Djakarta Tbk (2018 - Agustus 2021)
• Wakil Ketua Umum Forum CSR Kesos Nasional (2016 - 2021)
• Ketua Umum - DPD HIPPI Provinsi DKI Jakarta (2016 - 2021)
• Wakil Ketua Umum - PB PRSI (2016 - 2020)
• Anggota - LKS Tripartit Nasional (2016 - 2011)
• Deputy Chairperson of the Advisory Council - the Indonesian Chamber of Commerce and Industry of DKI
Riwayat Jabatan: Jakarta (2021 - current)
Work Experience: • Deputy Chairperson - Regional Autonomy Development Division, the Indonesian Chamber of Commerce and
Industry KADIN (2021 - current)
• Executive Director - APKASI (2020 - current)
• President Commissioner - PT Batulicin Nusantara Maritim Tbk (2019 - current)
• Manpower and Social Security Division - the National Board of Management, the Indonesian Employer’s
Association (APINDO) (2018 - current)
• President Commissioner - PT Delta Djakarta Tbk (2018 - August 2021)
• Deputy Chairperson - the National Social Welfare Corporate Social Responsibility (CSR) Forum (2016 - 2021)
• Chairperson - the Regional Management Board, the Indonesian Indigenous Entrepreneurs Association (HIPPI)
of DKI Jakarta (2016 - 2021)
• Deputy Chairperson - the Executive Board of the Indonesian Swimming Association (PB PRSI) (2016 - 2020)
• Member of National Tripartite Cooperation Institute (2016 - 2011)
124 elevate Laporan Tahunan 2023 Annual Report
Page 125
Profil Perusahaan
Company profile
• Webinar Penolakan en ana Pri atisasi Pertamina eothermal nergy dan nak saha Pertamina erafiliasi
yang diselenggarakan secara daring oleh Indonesian Resources pada 15 Februari 2023
• Sosialisasi Good Corporate Governance yang diselenggarakan oleh MUC Consulting pada 20 April 2023
di Jakarta
• Pelatihan BUMN GRC Masterclass 2023 (Pre IPO & Post IPO) yang diselenggarakan secara daring oleh
Bursa Efek Indonesia (BEI) pada 10 Agustus 2023
• Pelatihan BUMN GRC Masterclass 2023, Pemeringkat dan Penerbitan Efek Bersifat Utang & Sukuk (EBUS)
yang diselenggarakan secara daring oleh Bursa Efek Indonesia (BEI) pada 10 Agustus 2023
• Indonesia International Geothermal Convention & Exhibition (IIGCE) yang diselenggarakan oleh Direktorat
Jenderal Energi Baru Terbarukan dan Konservasi Energi - Kementerian ESDM pada 20 September 2023 di
Jakarta
• Seminar Raising Capital: A Deep Dive Into Venture Capital Funding yang diselenggarakan secara daring oleh
Pertamina pada 30 - 31 Oktober 2023
• New Zealand Geothermal Workshop yang diselenggarakan oleh The University of Auckland pada 12
November 2023 di New Zealand secara daring
• Pelatihan Kewajiban Bagi Perusahaan pasca IPO dan Pengembangan Ekosistem Perdagangan Karbon yang
diselenggarakan oleh BEI pada 23 November 2023 di Denpasar
• Pelatihan Optimalisasi Peran PGE dalam Pengembangan Ekosistem Perdagangan Karbon yang diselenggarakan
oleh BEI pada 23 November 2023 di Denpasar
• Pelatihan Penentuan Prioritas dan Penilaian Kelayakan Proyek Geothermal yang diselenggarakan oleh
Pertamina pada 24 November 2023 di Denpasar
• Pelatihan Penentuan Prioritas dan Penilaian Kelayakan Proyek Geothermal Downstream yang diselenggarakan
Pelatihan di 2023: oleh Pertamina pada 24 November 2023 di Denpasar
Training in 2023:
• Webinar on Resistance of the Privatization Plan of Pertamina Geothermal Energy and Affiliated Pertamina
Subsidiaries held online by Indonesian Reseources on 15 February 2023
• Dissemination of Good Corporate Governance held by MUC Consulting on 20 April 2023 in Jakarta
• BUMN GRC Masterclass 2023 (Pre IPO & Post IPO) held online by Indonesia Stock Exchange (IDX) on 10
August 2023
• BUMN GRC Masterclass 2023, Rating and Issuance of Debt Securities & Sukuk (EBUS) held online by IDX on
10 August 2023
• Indonesia International Geothermal Convention & Exhibition (IIGCE) held by Directorate General of New,
Renewable Energy and Energy Conservation - Ministry of Energy and Mineral Resources on 20 September
2023 in Jakarta
• Seminar Raising Capital: A Deep Dive Into Venture Capital Funding held online by Pertamina on 30 - 31
October 2023
• New Zealand Geothermal Workshop held by The University of Auckland on 12 November 2023 in New
Zealand
• Training on Obligation for the Company after the IPO and the Development of the Carbon Trading Ecosystem
held by the IDX on 23 November 2023 in Denpasar
• Training on Optimization of PGE’s Role in the Development of the Carbon Trading Ecosystem held by the IDX on
23 November 2023 in Denpasar
• Training on Priority Determination and Feasibility Assessment of Geothermal Projects held by Pertamina on 24
November 2023 in Denpasar
• Training on Priority Determination and Feasibility Assessment of Downstream Geothermal Projects held by
Pertamina on 24 November 2023 in Denpasar
• Ketua Komite Audit - PT PT Pertamina Geothermal Energy Tbk (2023 - sekarang)
• Ketua Komite Nominasi dan Remunerasi - PT Pertamina Geothermal Energy Tbk (2022 - 2023)
• Bidang Ketenagakerjaan dan Jaminan Sosial - DPN APINDO (2018 - sekarang)
• Wakil Ketua Dewan Pertimbangan - Kadin DKI Jakarta (2019 - sekarang)
• Komisaris Utama - PT Batulicin Nusantara Maritim Tbk (2019 - sekarang)
• Direktur Eksekutif - APKASI (2020 - sekarang)
Rangkap Jabatan: • Chairperson of the Audit Committee - PT Pertamina Geothermal Energy Tbk (2023 - current)
Concurrent Position: • Chairperson of the Nomination and Remuneration Committee - PT Pertamina Geothermal Energy Tbk
(2022 - 2023)
• Manpower and Social Security Division - the National Board of Management, the Indonesian Employer’s
Association (APINDO) (2018 - current)
• Deputy Chairperson - the Indonesian Chamber of Commerce and Industry (KADIN) of DKI Jakarta
(2019 - current)
• President Director - PT Batulicin Nusantara Maritim Tbk (2019 - sekarang)
• Executive Director - APKASI (2020 - current)
idak memiliki hu ungan afiliasi aik dengan anggota ireksi, anggota ewan Komisaris lainnya, maupun dengan
pemegang saham pengendali dan utama
u ungan filiasi
Affiliate Relations:
Does not have any affiliations both with members of the Board of Directors, or fellow members of the Board of
Commissioners, nor with the controlling and ultimate shareholders.
Komisaris independen telah menandatangani dokumen pernyataan independensi.
Pernyataan Independensi :
Statement of Independence:
The independent commissioner has signed the statement of independence document.
elevate Laporan Tahunan 2023 Annual Report 125
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Profil Perusahaan
Company profile
Sujit S. Parhar
Komisaris Independen
Independent Commissioner
126 elevate Laporan Tahunan 2023 Annual Report
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Profil Perusahaan
Company profile
Sujit S. Parhar
Komisaris Independen
Independent Commissioner
Kewarganegaraan: Singapura
Nationality: Singaporean
Usia:
53 tahun/ years old
Age:
Tempat & Tanggal Lahir: Singapura, 4 Desember 1970
Place & Date of Birth: Singapore, 4 December 1970
Domisili: Singapura
Domicile: Singapore
Diangkat menjadi Komisaris Independen Perseroan untuk pertama kalinya berdasarkan Keputusan RUPST
tanggal 5 Juni 2023 yang dinyatakan dalam Akta Notaris No. 11 tanggal 8 Juni 2023
Dasar Hukum Penunjukan:
Legal Basis of Appointment:
Appointed as Corporate Independent Commissioner for the first time based on the AGMS Resolution
dated 5 June 2023, as stated in the Notarial Deed No. 11 dated 8 June 2023
Periode Menjabat: 5 Juni 2023 - 31 Desember 2023
Term of Office: 5 June 2023 - 31 December 2023
• Bachelor of Engineering (Civil & Structural Engineering), Nanyang Technological University (1995)
• Postgraduate Certificate in Business Administration, University of Leicester (2004)
Latar Belakang Pendidikan:
Educational Background:
• Bachelor’s Degree in Engineering (Civil & Structural Engineering), Nanyang Technological University (1995)
• Postgraduate Certificate in Business Administration, University of Leicester (2004)
• Managing Director APAC Abu Dhabi Future Energy Company PJC (Oktober 2021- sekarang)
• Independent Non-Executive Director - Petronas Gas Berhad Malaysia (Juli 2021 - sekarang)
Riwayat Jabatan:
Work Experience:
• Managing Director APAC Abu Dhabi Future Energy Company PJC (October 2021 - current)
• Independent Non-Executive Director - Petronas Gas Berhad Malaysia (July 2021 - current)
• Indonesia International Geothermal Convention & Exhibition (IIGCE) yang diselenggarakan oleh
Direktorat Jenderal Energi Baru Terbarukan dan Konservasi Energi - Kementerian ESDM pada 20 September 2023
di Jakarta
Pelatihan di 2023:
Work Experience: • Indonesia International Geothermal Convention & Exhibition (IIGCE) held by Directorate General of New,
Renewable Energy and Energy Conservation - Ministry of Energy and Mineral Resources on 20 September
2023 in Jakarta
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Profil Perusahaan
Company profile
• Anggota Komite Nominasi dan Remunerasi - PT Pertamina Geothermal Energy (Juni 2023 - sekarang)
• Anggota Komite Investasi dan Manajemen Risiko - PT Pertamina Geothermal Energy
( Juni 2023- sekarang)
• Managing Director APAC - Abu Dhabi Future Energy Company PJC – Masdar Singapore
(Oktober 2021- sekarang)
• Independent Non-Executive Director - Petronas Gas Berhad Malaysia (Juli 2021 - sekarang)
Rangkap Jabatan:
Concurrent Position:
• Member of the Nomination and Remuneration Committee - PT PGE (June 2023 - current)
• Member of the Investment and Risk Management Committee - PT Pertamina Geothermal Energy
(June 2023 - present)
• Managing Director - APAC Abu Dhabi Future Energy Company PJC – Masdar Singapore
(October 2021 - current)
• Independent Non-Executive Director - Petronas Gas Berhad Malaysia (July 2021 - current)
idak memiliki hu ungan afiliasi aik dengan anggota ireksi, anggota ewan Komisaris lainnya, maupun
dengan pemegang saham pengendali dan utama
u ungan filiasi
Affiliate Relations:
Does not have any affiliations both with members of the Board of Directors, or fellow members of the Board of
Commissioners, nor with the controlling and ultimate shareholders.
Komisaris independen telah menandatangani dokumen pernyataan independensi.
Pernyataan Independensi :
Statement of Independence:
The independent commissioner has signed the statement of independence document.
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Profil Perusahaan
Company profile
Dannif Danusaputro
Komisaris
Commissioner
elevate Laporan Tahunan 2023 Annual Report 129
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Profil Perusahaan
Company profile
Dannif Danusaputro
Komisaris
Commissioner
Kewarganegaraan: Warga Negara Indonesia
Nationality: Indonesian
Usia:
54 tahun/ years old
Age:
Tempat & Tanggal Lahir: Jakarta, 19 Juli 1969
Place & Date of Birth: Jakarta 19 July 1969
Domisili:
Jakarta
Domicile:
Diangkat menjadi Komisaris Perseroan untuk pertama kalinya berdasarkan Keputusan RUPST tanggal 5 Juni 2023
yang dinyatakan dalam Akta Notaris No. 11 tanggal 8 Juni 2023
Dasar Hukum Penunjukan:
Legal Basis of Appointment:
Appointed as Corporate Commissioner for the first time based on the AGMS Resolution on 5 June 2023 as stated in
Notarial Deed No. 11 dated 8 June 2023
Periode Menjabat: 5 Juni 2023 - 31 Desember 2023
Term of Office: 5 June 2023 - 31 December 2023
• Sarjana Akuntansi, Universitas Indonesia (1993)
• MBA Finance and International Business, Stern Business School, New York University (1997)
Latar Belakang Pendidikan:
Educational Background:
• Bachelor of Accountancy, University of Indonesia (1993)
• MBA in Finance and International Business, Stern Business School, New York University (1997)
• WPEE (Wakil Perantara Perdagangan Efek)
• WPEE (Wakil Penjamin Efek)
• SIX SIGMA (2006)
• ertifikasi Kompetensi Manajemen isiko Le el (201
• ertifikasi Kompetensi Manajemen isiko Le el (2018
ertifikasi
Certifications:
• WPEE (Broker-dealer Representative) license
• WPEE (Underwriter Representative) license
• SIX SIGMA (2006)
• Risk Management Competency Certification Level I-III (2015)
• Risk Management Competency Certification Level IV (2018)
• Komisaris - PT Industri Baterai Indonesia (IBC) (2021 - sekarang)
• Direktur Utama - PT Pertamina Power Indonesia (Pertamina NRE) (Februari 2021 - sekarang)
• CEO/ President Director - PT Mandiri Sekuritas (Subsidiary of Bank Mandiri Group) (2019 - 2021)
• Group Head Corporate Banking - PT Bank Mandiri (Persero) Tbk (2018 - 2019)
• Country Head - PT Bank Mandiri Singapore Branch (2015 - 2018)
• Country Head - Capital Advisors Partners Asia Pte Ltd (CapAsia) (2012 - 2015)
• Director - Standard Chartered Bank - Singapore (2011 - 2012)
• Senior Vice President - Bank of Tokyo Mitsubishi UFJ - Singapore (2008 - 2011)
• Director - Standard Chartered Bank - Singapore (2006 - 2008)
• Vice President - GE Capital USA (1997 - 2006)
• Summer Associate - Citibank NA (1996)
Riwayat Jabatan:
Work Experience:
• Commissioner - PT Industri Baterai Indonesia (IBC) (2021 - now)
• President Director - PT Pertamina Power Indonesia (Pertamina NRE) (February 2021 - current)
• CEO/ President Director - PT Mandiri Sekuritas (Subsidiary of Bank Mandiri Group) (2019 - 2021)
• Group Head Corporate Banking - PT Bank Mandiri (Persero) Tbk (2018 - 2019)
• Country Head - PT Bank Mandiri Singapore Branch (2015 - 2018)
• Country Head - Capital Advisors Partners Asia Pte Ltd (CapAsia) (2012 - 2015)
• Director - Standard Chartered Bank - Singapore (2011 - 2012)
• Senior Vice President - Bank of Tokyo Mitsubishi UFJ - Singapore (2008 - 2011)
• Director - Standard Chartered Bank - Singapore (2006 - 2008)
• Vice President - GE Capital USA (1997 - 2006)
• Summer Associate - Citibank NA (1996)
130 elevate Laporan Tahunan 2023 Annual Report
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Profil Perusahaan
Company profile
• Indonesia International Geothermal Convention & Exhibition (IIGCE) yang diselenggarakan oleh Direktorat
Jenderal Energi Baru Terbarukan dan Konservasi Energi - Kementerian ESDM pada 20 September 2023
di Jakarta
• Pelatihan Kewajiban Bagi Perusahaan pasca IPO dan Pengembangan Ekosistem
Perdagangan Karbon yang diselenggarakan oleh BEI pada 23 November 2023
di Denpasar
• Pelatihan Optimalisasi Peran PGE dalam Pengembangan Ekosistem Perdagangan Karbon yang
diselenggarakan oleh BEI pada 23 November 2023 di Denpasar
• Pelatihan Penentuan Prioritas dan Penilaian Kelayakan Proyek Geothermal yang diselenggarakan oleh
Pertamina pada 24 November 2023 di Denpasar
• Pelatihan Penentuan Prioritas dan Penilaian Kelayakan Proyek Geothermal Downstream
Pelatihan di 2023: yang diselenggarakan oleh Pertamina pada 24 November 2023 di Denpasar
Training in 2023:
• Indonesia International Geothermal Convention & Exhibition (IIGCE) held by Directorate General of New,
Renewable Energy and Energy Conservation - Ministry of Energy and Mineral Resources on 20 September
2023 in Jakarta
• Obligations for the IPO and the Development of the Carbon Trading Ecosystem held by IDX on 23 November
2023 in Denpasar
• Training on Optimization of PGE’s Role in the Development of the Carbon Trading Ecosystem held by the IDX
on 23 November 2023 in Denpasar
• Training on Priority Determination and Feasibility Assessment of Geothermal Projects held by Pertamina on
24 November 2023 in Denpasar
• Training on Priority Determination and Feasibility Assessment of Downstream Geothermal Projects held by
Pertamina on 24 November 2023 in Denpasar
• Ketua Komite Investasi dan Manajemen Risiko - PT Pertamina Geothermal Energy (Juni 2023 - sekarang)
• Komisaris - PT Industri Baterai Indonesia (IBC) (2021 - sekarang)
• Direktur Utama - Pertamina Power Indonesia (Pertamina NRE) (Februari 2021 - sekarang)
Rangkap Jabatan:
Concurrent Position: • Chairperson - the Investment and Risk Management Committee (June 2023 - current)
• Commissioner - PT Industri Baterai Indonesia (IBC) (2021 - current)
• President Director - Pertamina Power Indonesia (Pertamina NRE) (February 2021 - current)
Memiliki hu ungan afiliasi dengan pemegang saham pengendali dan utama, se agai irektur tama
PT Pertamina Power Indonesia (Pertamina NRE)
u ungan filiasi
Affiliate Relations:
Have affiliations with the ultimate and controlling shareholders, as President Director of PT Pertamina Power
Indonesia (Pertamina NRE)
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Profil Perusahaan
Company profile
harris
Komisaris
Commissioner
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Profil Perusahaan
Company profile
HARRIS
Komisaris
Commissioner
Kewarganegaraan: Warga Negara Indonesia
Nationality: Indonesian
Usia:
54 tahun/ years old
Age:
Tempat & Tanggal Lahir:
Tobarakka, 24 November 1969
Place & Date of Birth:
Domisili:
Bogor
Domicile:
Diangkat menjadi Komisaris Perseroan untuk pertama kalinya berdasarkan Keputusan RUPS Sirkuler tanggal 25
Februari 2022 yang dinyatakan dalam Akta Notaris No. 1 Tanggal 1 Maret 2022
Dasar Hukum Penunjukan:
Legal Basis of Appointment:
Appointed as Corporate Commissioner for the first time based on the Circular GMS Resolution on 25 February 2022
as stated in Notarial Deed No. 1 dated 1 March 2022
Periode Menjabat: 25 Februari 2022 – 31 Desember 2023
Term of Office: 25 February 2022 – 31 Desember 2023
• Sarjana Teknik Elektro, Universitas Hasanuddin (1996)
• Master Manajemen Tenaga Listrik dan Energi, Universitas Indonesia (2015)
Latar Belakang Pendidikan:
Educational Background:
• Bachelor of Electrical Engineering, Hasanuddin University (1996)
• Master of Electric Power and Energy Management, University of Indonesia (2015)
• Direktur Panas Bumi - Ditjen Energi Terbarukan Konservasi Energi (2021 - sekarang)
• Direktur Aneka Energi Baru dan Energi Terbarukan - Direktorat Aneka Energi Baru & Energi Terbarukan,
Direktorat Jenderal Energi Baru, Terbarukan & Konservasi Energi (2017 - 2021)
• Kepala Subdit Pengembangan Usaha Konservasi Energi - Direktorat Konservasi Energi, Direktorat
JenderalEnergi Baru, Terbarukan & Konservasi Energi (2016 - 2017)
• Kepala Subdit Tekno Ekonomi Energi - Direktorat Konservasi Energi, Direktorat Jenderal Energi Baru,
Terbarukan & Konservasi Energi (2016)
• Kepala u dit Penerapan eknologi Bersih dan fisien irektorat Konser asi nergi, irektorat Jenderal
Energi Baru, Terbarukan & Konservasi Energi (2011)
• Kepala Subdit Pemanfaatan Energi - Direktorat Energi Baru, Terbarukan & Konservasi Energi, Direktorat
Jenderal Listrik & Pemanfaatan Energi (2009)
• Kepala Seksi Program Pemanfaatan Energi - Direktorat Energi Baru, Terbarukan & Konservasi Energi, Direktorat
Jenderal Listrik & Pemanfaatan Energi (2006)
• Kepala Seksi Analisis Pemanfaatan Energi - Direktorat Energi Baru, Terbarukan & Konservasi Energi, Direktorat
Jenderal Listrik & Pemanfaatan Energi (2006)
Riwayat Jabatan:
Work Experience: • Director for Geothermal - Directorate General for Renewable Energy and Energy Conservation (2021 - current)
• Director for New Various Energy and Renewable Energy, - the Directorate for New Various Energy and
Renewable Energy, Directorate General for New, Renewable Energy, and Energy Conservation (2017 - 2021)
• Head of Sub-directorate for Energy Conservation Business Development - the Directorate for Energy
Conservation, Directorate General for New, Renewable Energy, and Energy Conservation (2016-2017)
• Head of Sub-directorate for Energy Techno Economics - the Directorate for Energy Conservation, Directorate
General for New, Renewable Energy, and Energy Conservation (2016)
• Head of Sub-directorate for Clean and Efficient Technology Application - the Directorate for Energy Conservation,
Directorate General for New, Renewable Energy, and Energy Conservation (2011)
• Head of Sub-directorate for Energy Utilization - the Directorate for New, Renewable Energy, and Energy
Conservation, Directorate General for Electricity and Energy Utilization (2009)
• Head of Section for Energy Utilization Program - the Directorate for New, Renewable Energy, and Energy
Conservation, Directorate General for Electricity and Energy Utilization (2006)
• Head of Section for Energy Utilization Analysis - the Directorate for New, Renewable Energy, and Energy
Conservation, Directorate General for Electricity and Energy Utilization (2006)
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Profil Perusahaan
Company profile
• Sosialisasi Good Corporate Governance yang diselenggarakan oleh MUC Consulting pada 20 April 2023
di Jakarta
• Indonesia International Geothermal Convention & Exhibition (IIGCE) yang diselenggarakan oleh Direktorat
Jenderal Energi Baru Terbarukan dan Konservasi Energi - Kementerian ESDM pada 20 September 2023
di Jakarta
• New Zealand Geothermal Workshop yang diselenggarakan oleh The University of Auckland
pada 12 November 2023 di New Zealand
• Pelatihan Kewajiban Bagi Perusahaan pasca IPO yang diselenggarakan
oleh BEI pada 23 November 2023 di Denpasar
• Pelatihan Optimalisasi Peran PGE dalam Pengembangan Ekosistem Perdagangan Karbon yang
diselenggarakan oleh BEI pada 23 November 2023 di Denpasar
• Pelatihan Penentuan Prioritas dan Penilaian Kelayakan Proyek Geothermal yang diselenggarakan oleh Pertamina
pada 24 November 2023 di Denpasar
• Pelatihan Penentuan Prioritas dan Penilaian Kelayakan Proyek Geothermal Downstream yang diselenggarakan
Pelatihan di 2023:
oleh Pertamina pada 24 November 2023 di Denpasar
Training in 2023:
• Dissemination of Good Corporate Governance held by MUC Consulting on 20 April 2023 in Jakarta
• Indonesia International Geothermal Convention & Exhibition (IIGCE) held by Directorate General of New,
Renewable Energy and Energy Conservation - Ministry of Energy and Mineral Resources on 20 September
2023 in Jakarta
• New Zealand Geothermal Workshop held by The University of Auckland on 12 November 2023
in New Zealand
• Training on Obligation of for Companies after IPO held by the IDX on 23 November 2023 in Denpasar
• Training on Optimization of PGE's Role in the Development of the Carbon Trading Ecosystem held
by the IDX on 23 November 2023 in Denpasar
• Training on Priority Determination and Feasibility Assessment of Geothermal Projects held
by Pertamina on 24 November 2023 in Denpasar
• Training on Priority Determination and Feasibility Assessment of Downstream Geothermal Projects held by Pertamina
on 24 November 2023 in Denpasar
• Ketua Komite Nominasi dan Remunerasi - PT Pertamina Geothermal Energy Tbk (2023 - sekarang)
• Ketua Komite Investasi dan Manajemen Risiko - PT Pertamina Geothermal Energy Tbk (2022 - 2023)
Rangkap Jabatan: • Chairperson of the Nomination and Remuneration Committee - PT Pertamina Geothermal Energy Tbk
Concurrent Position: (2023 - current)
• Chairperson of the Investment and Risk Management Committee - PT Pertamina Geothermal Energy Tbk
(2022 - 2023)
idak memiliki hu ungan afiliasi aik dengan anggota ireksi, anggota ewan Komisaris lainnya, maupun dengan
pemegang saham pengendali dan utama
u ungan filiasi
Affiliate Relations:
Does not have any affiliations both with members of the Board of Directors, or fellow members of the Board of
Commissioners, nor with the controlling and ultimate shareholders.
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Profil Perusahaan
Company profile
Pernyataan Independensi Komisaris Statement of Independence of
Independen Independent Commissioner
Pada periode pelaporan, Komisaris Independen During the reporting period, Sarman Simanjorang and
Perseroan dijabat oleh Sarman Simanjorang dan Sujit S. Parhar served as the Corporate Independent
Sujit S. Parhar. Keduanya telah menandatangani Commissioners. Both Commissioners have signed
pernyataan independensi pada tanggal 5 Juni 2023. a statement of independence on 5 June 2023.
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profil
direksi
board of directors profile
136 elevate Laporan Tahunan 2023 Annual Report
Page 137
Julfi Hadi
Direktur Utama
President Director
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Profil Perusahaan
Company profile
Julfi Hadi
Direktur Utama
President Director
Kewarganegaraan: Warga Negara Indonesia
Nationality: Indonesian
Usia:
57 tahun/ years old
Age:
Tempat & Tanggal Lahir: Swedia, 21 Juli 1966
Place & Date of Birth: Sweden, 21 July 1966
Domisili:
Jakarta
Domicile:
Diangkat menjadi Direktur Utama Perseroan untuk pertama kalinya berdasarkan Keputusan RUPST
tanggal 5 Juni 2023 yang dinyatakan dalam Akta Notaris No. 11 tanggal 8 Juni 2023
Dasar Hukum Penunjukan:
Legal Basis of Appointment:
Appointed as Corporate President Director for the first time based on the AGMS Resolution on 5 June 2023 as stated
in Notarial Deed No. 11 dated 8 June 2023
Periode Menjabat: 5 Juni 2023 - 31 Desember 202
Term of Office: 5 June 2023 - 31 December 2023
• Bachelor of Science in Geology, University of Texas, El Paso, USA (1988)
• Master of Science of Geology, University of Texas, El Paso USA (1991)
• Diploma In Geothermal Technology, University of Auckland NS (Master Level) (Best Earth Science Award) (1998)
Latar Belakang Pendidikan:
Educational Background: • Bachelor of Science in Geology, University of Texas, El Paso, USA (1988)
• Master of Science of Geology, University of Texas, El Paso, USA (1991)
• Diploma in Geothermal Technology, University of Auckland, NZ (Postgraduate Level) (Best Earth Science Award)
(1998)
• SVP Geothermal Assets - PT Medco Power Indonesia (2019 - 2023)
• Direktur Utama - PT Medco Cahaya Geothermal (2019 - 2023)
• Direksi - PT Sarula Operation Ltd. (2019 - 2023)
• Direktur Pelaksana - PT Hitay Energy Holdings (2015 - 2023)
• Wakil Presiden Eksplorasi dan Bawah Permukaan - PT Supreme Energy Corporation (2008 - 2015)
• Senior Manager Teknik Bawah Permukaan - Star Energy (Magma Nusantara Ltd) (2006 - 2007)
Riwayat Jabatan:
Work Experience:
• SVP Geothermal Assets - PT Medco Power Indonesia (2019 - 2023)
• President Director - PT Medco Cahaya Geothermal (2019 - 2023)
• Board of Director - PT Sarula Operation Ltd. (2019 - 2023)
• Managing Director - PT Hitay Energy Holdings (2015 - 2023)
• Vice President Explorations and Subsurface - PT Supreme Energy Corporation (2008 - 2015)
• Senior Manager Subsurface Engineering - Star Energy (Magma Nusantara Ltd) (2006 - 2007)
138 elevate Laporan Tahunan 2023 Annual Report
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Profil Perusahaan
Company profile
• e uti e Briefing eothermal ntegrated Management ystem ( M yang diselenggarakan oleh ungsi
Quality Management PGE pada 10 Juli 2023 di PGE Lt 7
• Directors Talk (Live Signing PKS-BAPH Shared Services) & Coaching Clinic Chargeback pada 13 September
2023 di Ballroom Graha Pertamina
• Workshop Risk Management yang diselenggarakan oleh PT PPI pada 13 September 2023 di Kantor Pusat
PT PPI
• Hybrid Directorship Program – PRIME III 2023 (Series 5 & Closing) yang diselenggarakan secara daring
Pelatihan di 2023: oleh PT Pertamina (Persero) pada 29 November 2023
Training in 2023:
• Executive Briefing Geothermal Integrated Management System (GIMS) held by the Quality Management
on 10 July 2023, at PGE Head Office
• Directors Talk (Live Signing PKS-BAPH Shared Services) & Coaching Clinic Chargeback on 13 September
2023, at Ballroom Graha Pertamina
• Risk Management Workshop held by PT PPI on 13 September 2023 at the PT PPI head office
• Hybrid Directorship Program – PRIME III 2023 (Series 5 & Closing) held online by PT Pertamina (Persero)
on 29 November 2023
• Ketua Komite Manajemen Risiko - PT Pertamina Geothermal Energy Tbk (2023 - sekarang)
• Ketua Umum - Asosiasi Panas Bumi Indonesia (2023 - 2026)
Rangkap Jabatan:
Concurrent Position:
• Chairperson of the Risk Management Committee - PT Pertamina Geothermal Energy Tbk (2023 - current)
• Chairperson - Indonesia Geothermal Association (2023 - 2026)
idak memiliki hu ungan afiliasi aik dengan anggota ireksi, anggota ewan Komisaris lainnya, maupun dengan
pemegang saham pengendali dan utama
u ungan filiasi
Affiliate Relations:
Does not have any affiliations both with members of the Board of Directors, or fellow members of the Board of
Commissioners, nor with the controlling and ultimate shareholders
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Profil Perusahaan
Company profile
Ahmad Yani
Direktur Operasi
Director of Operation
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Profil Perusahaan
Company profile
Ahmad Yani
Direktur Operasi
Director of Operations
Kewarganegaraan: Warga Negara Indonesia
Nationality: Indonesian
Usia:
46 tahun/ years old
Age:
Tempat & Tanggal Lahir: Dumai, 30 Oktober 1977
Place & Date of Birth: Dumai, 30 October 1977
Domisili: Tangerang Selatan
Domicile: South Tangerang
Diangkat menjadi Direktur Operasi Perseroan untuk pertama kalinya berdasarkan Keputusan Keputusan RUPST
tanggal 5 Juni 2023 yang dinyatakan dalam Akta Notaris No. 11 tanggal 8 Juni 2023
Dasar Hukum Penunjukan:
Legal Basis of Appointment:
Appointed as Corporate Director of Operations for the first time based on the AGMS Resolution on 5 June 2023 as
stated in Notarial Deed No. 11 dated 8 June 2023
5 Juni 2023 - 31 Desember 2023
Periode Menjabat:
5 June 2023 - 31 December 2023
Term of Office:
• Sarjana Teknik Perminyakan, Universitas Islam Riau (2003)
• Master Ilmu Fisika (Geothermal Exploration), Universitas Indonesia (2023)
Latar Belakang Pendidikan:
Educational Background:
• Bachelor of Engineering in Petroleum Engineering, Islamic University of Riau (2003)
• Master of Physics in Geothermal Exploration, University of Indonesia (2023)
• General Manager Area Lahendong - PT Pertamina Geothermal Energy (2021 - 2023)
• Manager Drilling Planning & Support - PT Pertamina Geothermal Energy (2019 - 2021)
• Manager Operation PGE Area Lahendong - PT Pertamina Geothermal Energy (2015 - 2019)
• Manager Reservoir & Enjineering - PT Pertamina Geothermal Energy (2013 - 2015)
• Asisten manager Engineering Reservoir Area Kamojang - PT Pertamina Geothermal Energy (2010 - 2013)
Riwayat Jabatan:
Work Experience: • General Manager of Lahendong Area - PT Pertamina Geothermal Energy (2021 - 2023)
• Manager Drilling Planning & Support - PT Pertamina Geothermal Energy (2019 - 2021)
• Manager Operation of PGE Lahendong Area - PT Pertamina Geothermal Energy (2015 - 2019)
• Manager Reservoir & Engineering - PT Pertamina Geothermal Energy (2013 - 2015)
• Assistant Manager for Engineering Reservoir of Kamojang Area - PT Pertamina Geothermal Energy
(2010 - 2013)
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• Directorship Program - PRIME III yang diselenggarakan oleh Pertamina pada 17 Oktober 2023 secara daring
• Directorship Program - PRIME III yang diselenggarakan oleh Pertamina pada 24 Oktober 2023 secara daring
• Directorship Program - PRIME III yang diselenggarakan oleh Pertamina pada 26 Oktober 2023 secara daring
• Opening Exhibition ”Upcycle For A Greener Generation” yang diselenggarakan oleh Pertamina pada 7 No-
vember 2023 di Grha Pertamina
• Hybrid Directorship Program – PRIME III 2023 (Series 5 & Closing) yang diselenggarakan oleh Pertamina
pada 29 November 2023 secara daring
• AKHLAK Workshop and Sharing Session yang diselenggarakan oleh PT PPI di Hotel Borobudur Jakarta
Pelatihan di 2023:
Training in 2023:
• Directorship Program - PRIME III held online by Pertamina on 17 October 2023
• Directorship Program - PRIME III held online by Pertamina on 24 October 2023
• Directorship Program - PRIME III held online by Pertamina on 26 October 2023
• Opening Exhibition of ”Upcycle For A Greener Generation” held by Pertamina on 7 November 2023 at Grha
Pertamina
• Hybrid Directorship Program – PRIME III 2023 (Series 5 & Closing) held online by Pertamina on 29 November
2023
• AKHLAK Workshop and Sharing Session held by PT PPI on 14 December 2023 at Hotel Borobudur Jakarta
Anggota Komite Manajemen Risiko - PT Pertamina Geothermal Energy Tbk (2023 - sekarang)
Rangkap Jabatan:
Concurrent Position:
Member of the Risk Management Committee - PT Pertamina Geothermal Energy Tbk (2023 - current)
idak memiliki hu ungan afiliasi aik dengan anggota ireksi, anggota ewan Komisaris lainnya, maupun dengan
pemegang saham pengendali dan utama
u ungan filiasi
Affiliate Relations:
Does not have any affiliations both with members of the Board of Directors, or fellow members of the Board of
Commissioners, nor with the controlling and ultimate shareholders
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rachmat Hidajat
Direktur Eksplorasi dan Pengembangan
Director of Exploration and Development
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Profil Perusahaan
Company profile
Rachmat Hidajat
Direktur Eksplorasi dan Pengembangan
Director of Exploration and Development
Kewarganegaraan: Warga Negara Indonesia
Nationality: Indonesian
Usia:
52 tahun/ years old
Age:
Tempat & Tanggal Lahir:
Garut, 19 April 1971
Place & Date of Birth:
Domisili:
Jakarta
Domicile:
Diangkat menjadi Direktur Eksplorasi dan Pengembangan Perseroan untuk pertama kalinya berdasarkan Keputusan
RUPS Sirkuler tanggal 21 Maret 2022 yang dinyatakan dalam Akta Notaris No. 32 Tanggal 24 Maret 2022
Dasar Hukum Penunjukan:
Legal Basis of Appointment:
Appointed as Corporate Director of Exploration and Development for the first time based on the Circular GMS
Resolution on 21 March 2022 as stated in Notarial Deed No. 32 dated 24 March 2022
Periode Menjabat: 21 Maret 2022 - 31 Desember 2023
Term of Office: 21 March 2022 - 31 December 2023
• Sarjana Teknik Perminyakan, Institut Teknologi Bandung (1995)
• Master Bisnis Manajemen, Institut Teknologi Bandung (2006)
Latar Belakang Pendidikan:
Educational Background: • Bachelor Degree in Petroleum Engineering, Faculty of Mineral Technology, Bandung Institute of Technology
(ITB), Bandung (1995)
• Master of Business Management, ITB School of Business and Management, Bandung (2006)
• VP Upstream Business Dev. & Portfolio - PT Pertamina (Persero) (2020 - 2022)
• VP Upstream Business Growth - PT Pertamina (Persero) (2018 - 2020)
• VP Technical Support - PT Pertamina EP (2016 - 2018)
• Domestic, SEA & Australia Ventures Manager - PT Pertamina (Persero) (2013 - 2015)
• Reservoir Engineering - PT Pertamina (Persero) - (2013)
• Business Analysis Manager PT Pertamina (Persero) Dit. Inv. Plan & RM (2011 - 2013)
• Reservoir Engineering - PT Pertamina EP (2009 - 2011)
• Staf Perbantuan - PT Pertamina (Persero) (2008)
• Ahli Data Reservoir - PT Pertamina EP (2006 - 2008)
• Engineering Reservoir PT Pertamina EP (2006)
• Ahli Well Survey & Analis Pertamina (2002)
• Ahli Analisa Well Survey & Res DBS Pertamina (199 9- 2002)
• Ahli Muda Ops Aset II Pertamina (1999)
Riwayat Jabatan:
Work Experience:
• Vice President of Upstream Business Dev. & Portfolio - PT Pertamina (Persero) - (2020 - 2022)
• Vice President of Upstream Business Growth -PT Pertamina (Persero) - (2018 - 2020)
• Vice President of Technical Support - PT Pertamina EP – (2016 - 2018)
• Domestic, SEA & Australia Ventures Manager - PT Pertamina (Persero) - (2013 - 2015)
• Reservoir Engineering - PT Pertamina (Persero) - (2013)
• Business Analysis Manager - PT Pertamina (Persero) Dit. Inv. Plan & RM (2011 - 2013)
• Reservoir Engineering - PT Pertamina EP – (2009 - 2011)
• Auxiliary Staff - PT Pertamina (Persero) (2008)
• Reservoir Data Expert - PT Pertamina EP - (2006 - 2008)
• Engineering Reservoir - PT Pertamina EP - (2006)
• Pertamina Well Survey Expert & Analyst (2002)
• Pertamina Well Survey Analyst Expert & Res DBS (1999 - 2002)
• Pertamina Junior Asset Operational II (1999)
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Profil Perusahaan
Company profile
• Workshop Geothermal Projects Opportunity in Croatia & Germany yang diselenggarakan oleh PGE &
Cindrigo pada 29 - 30 Agustus 2023 di Kantor Pusat PGE
• Chevron New Energy - PGE: Kotamobagu, ACL Technology Development yang diselenggarakan oleh
PGE pada 7 April 2023 di Kantor Pusat PGE
• Executive Sustainability Masterclass yang diselenggarakan oleh Pertamina Corporate University (PCU)
pada 5 September 2023 di Ballroom Graha Pertamina
• Forum Sinergi Infrastruktur II – Pertamina Group yang diselenggarakan oleh Pertamina pada
11 - 13 Oktober 2023 di Bandung
• Seminar Energy Transition Conference & Exhibition yang diselenggarakan oleh Sekretaris Jenderal
Dewan Energi Nasional pada 18 Oktober 2023 di Jakarta
• Pembicara Kegiatan Pekan Hukum Nasional yang diselenggarakan oleh Universitas Sebelas Maret
pada 12 November 2023 di Surakarta
• Class Room LEMHANAS: Pemantapan Nilai-nilai Kebangsaan yang diselenggarakan oleh PCU pada
20 - 26 November 2023 di Gedung Lemhanas
Pelatihan di 2023:
Training in 2023: • Workshop on Geothermal Projects Opportunity in Croatia & Germany held by PGE & Cindrigo
on 2 0 ugust 202 at P ead O fi e
• Chevron New Energy - PGE: Kotamobagu, ACL Technology Development held by PGE on 7 April 2023
at P ead O fi e
• Executive Sustainability Masterclass held by Pertamina Corporate University on 5 September 2023
at Graha Pertamina Ballroom
• Infrastructure Synergy Forum II - Pertamina Group held by Pertamina on 11 – 13 October 2023
in Bandung
• Energy Transition Conference & Exhibition Seminar held by the Secretary General of the National
Energy Council on 18 October 2023 in Jakarta
• Speaker at the National Law Week held by Universitas Sebelas Maret on 12 November 2023
in Surakarta
• The National Resilience Institute’s (Lemhannas) Class Room: Fostering
of National Values held by Pertamina Corporate University (PCU)
on 20-26 November 2023 at the Lemhanas Building
Anggota Komite Manajemen Risiko - PT Pertamina Geothermal Energy Tbk (2023 - sekarang)
Rangkap Jabatan:
Concurrent Position:
Member of the Risk Management Committee - PT Pertamina Geothermal Energy Tbk (2023 - current)
idak memiliki hu ungan afiliasi aik dengan anggota ireksi, anggota ewan Komisaris lainnya, maupun
dengan pemegang saham pengendali dan utama
u ungan filiasi
Affiliate Relations:
Does not have any affiliations both with members of the Board of Directors, or fellow members of the Board of
Commissioners, nor with the controlling and ultimate shareholders
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Profil Perusahaan
Company profile
Nelwin Aldriansyah
Direktur Keuangan
Director of Finance
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Profil Perusahaan
Company profile
Nelwin Aldriansyah
Direktur Keuangan
President of Finance
Kewarganegaraan: Warga Negara Indonesia
Nationality: Indonesian
Usia:
54 tahun/ years old
Age:
Tempat & Tanggal Lahir:
Jakarta, 4 September 1969
Place & Date of Birth:
Domisili:
Jakarta
Domicile:
Diangkat menjadi Direktur Keuangan Perseroan untuk pertama kalinya tberdasarkan Keputusan RUPS Sirkuler
tanggal 15 Februari 2021 yang dinyatakan dalam Akta Notaris No. 32 tanggal 26 Februari 2021
Dasar Hukum Penunjukan:
Legal Basis of Appointment:
Appointed as Corporate Director of Finance for the first time based on the Circular GMS Resolution on 15 February
2021 as stated in Notarial Deed No. 32 dated 26 February 2021
Periode Menjabat: 15 Februari 2021 - 31 Desember 2023
Term of Office: 15 February 2021 - 31 December 2023
• Sarjana Ekonomi, Universitas Indonesia (1994)
• Master of Business Administration, University of Strathclyde, Glasgow (1997)
• ertified Business Management Program (2006
Latar Belakang Pendidikan:
Educational Background:
• Bachelor of Economics, University of Indonesia (1994)
• Master of Business Administration, University of Strathclyde, Glasgow (1997)
• Certified Business Management Program (2006)
• Direktur Investment Banking - PT Bahana Securities (2018 - 2021)
• Direktur M&A - PT CIMB Securities Indonesia (2016-2018)
• Direktur Corporate Finance - PT CIMB Securities Indonesia (2010 - 2018)
• Direktur Debt Capital Market - PT ANZ-Panin Bank (2010)
• Direktur Investment Banking - PT Woori Korindo Securities (2009 - 2010)
• VP Investment Banking - PT Bahana Securities (2001 - 2009)
Riwayat Jabatan:
Work Experience:
• Director of Investment Banking - PT Bahana Securities (2018 - 2021)
• Director of M&A - PT CIMB Securities Indonesia (2016 - 2018)
• Director of Corporate Finance - PT CIMB Securities Indonesia (2010 - 2018)
• Director of Debt Capital Market - PT ANZ-Panin Bank (2010)
• Director of Investment Banking - PT Woori Korindo Securities (2009 - 2010)
• Vice President of Investment Banking - PT Bahana Securities (2001 - 2009)
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Profil Perusahaan
Company profile
• BNPP Global ESG Corporate Access and ICMA Principles Annual Forum yang diselenggarakan oleh BNP
Paribas pada 27 – 28 Juni 2023 di Singapore
• Pertamina Economic Outlook - “What’s Next for the Economy: Opportunities and Challenges Ahead”
yang diselenggarakan oleh Pertamina pada 8 Agustus 2023 di Ballroom Graha Pertamina
• Risk Management Workshop yang diselenggarakan oleh PT PPI pada 13 September 2023 di Kantor Pusat PPI
• Directors Talk (Live Signing PKS-BAPH Shared Services) & Coaching Clinic Chargeback
pada 13 September 2023 di Ballroom Graha Pertamina
• Accelerating Net Zero and Unlocking Indonesia Carbon Market Potential through IDX Carbon
(Indonesia Carbon Exchange) yang diselenggarakan oleh BEI pada 24 November 2023 di Bali
• 21st Economix International Seminar Flow of Moderated Session yang diselenggarakan oleh Universitas
Pelatihan di 2023: Indonesia pada 27 November 2023 di Universitas Indonesia
Training in 2023:
• BNPP Global ESG Corporate Access and ICMA Principles Annual Forum held by BNP Paribas on 27 - 28 June
2023 in Singapore
• Pertamina Economic Outlook - “What’s Next for the Economy: Opportunities and Challenges Ahead”
held by Pertamina on 8 August 2023 in Ballroom Graha Pertamina
• Risk Management Workshop held by PT PPI on 13 September 2023 in PPI Head Office
• Directors Talk (Live Signing PKS-BAPH Shared Services) & Coaching Clinic Chargeback on 13 September 2023
at Graha Pertamina Ballroom
• Accelerating Net Zero and Unlocking Indonesia Carbon Market Potential through IDX Carbon
(Indonesia Carbon Exchange) held by the IDX on 24 November 2023 in Bali
• 21st Economix International Seminar Flow of Moderated Session held by Universitas Indonesia
on 27 November 2023 in Universitas Indonesia
Anggota Komite Manajemen Risiko PT Pertamina Geothermal Energy Tbk (2021 - sekarang)
Rangkap Jabatan:
Concurrent Position:
Member of the Risk Management Committee, PT Pertamina Geothermal Energy Tbk ( 2021 - current)
idak memiliki hu ungan afiliasi aik dengan anggota ireksi, anggota ewan Komisaris lainnya, maupun dengan
pemegang saham pengendali dan utama
u ungan filiasi
Affiliate Relations:
Does not have any affiliations with fellow members of the Board of Directors, or members of the Board of Commissioners,
nor with the controlling and ultimate shareholders
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Profil Perusahaan Company profile elevate Laporan Tahunan 2023 Annual Report 149
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Profil Perusahaan
Company profile
pekerja pge
pge’s employees
Hingga akhir tahun 2023, jumlah pekerja PGE mencapai As of the end of 2023, the number of PGE’s employees
502 orang, turun 10 orang atau 2% dibandingkan were 502, decreased by 10 employees or 2% from the
tahun sebelumnya 512 orang. Penurunan jumlah pekerja previous year of 512 employees. The decline is in line
tersebut masih sejalan dengan strategi Perseroan untuk with the Company’s strategy to build a lean, effective,
mem angun organisasi yang ramping, e ekti dan efisien. and e fi ient organi ation.
Jumlah Pekerja Berdasarkan Jabatan
Number of Employees Based on Position
2023 2022 2021
Jabatan
Position Laki-laki Perempuan Jumlah Laki-laki Perempuan Jumlah Laki-laki Perempuan Jumlah
Male Female Total Male Female Total Male Female Total
Manajemen
62 7 69 53 8 61 64 8 72
Management
Asisten Manager
100 24 124 69 17 86 84 21 105
Assistant Manager
Staf
288 21 309 329 36 360 321 34 355
Staff
Jumlah
450 52 502 451 61 512 469 63 532
Total
Jumlah Pekerja Berdasarkan Usia
Number of Employees Based on Age
2023 2022 2021
Usia
Age Laki-laki Perempuan Jumlah Laki-laki Perempuan Jumlah Laki-laki Perempuan Jumlah
Male Female Total Male Female Total Male Female Total
<30 tahun
114 5 119 140 7 147 141 5 146
<30 years old
31-50 tahun
300 47 347 279 53 332 290 56 346
31-50 years old
>50 tahun
36 0 36 32 1 33 38 2 40
>50 years old
Jumlah
450 52 502 451 61 512 469 63 532
Total
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Profil Perusahaan
Company profile
Jumlah Pekerja Berdasarkan Pendidikan
Number of Employees Based on Education
2023 2022 2021
Pendidikan
Education Laki-laki Perempuan Jumlah Laki-laki Perempuan Jumlah Laki-laki Perempuan Jumlah
Male Female Total Male Female Total Male Female Total
SMA dan Setara
Senior High School 59 1 60 63 1 64 65 2 67
and Equivalent
Diploma
100 4 104 104 6 110 110 6 116
Associate
Sarjana (S1)
221 36 257 218 40 259 224 44 268
Bachelor’s
Pascasarjana (S2)
68 11 79 65 13 78 68 11 79
Master’s
Doktoral (S3)
2 0 2 1 0 1 2 0 2
Doctor
Jumlah
450 52 502 451 61 512 469 63 532
Total
Jumlah Pekerja Berdasarkan Status Kepegawaian
Number of Employees Based on Employment Status
2023 2022 2021
Status
Kepegawaian
Employment Status Laki-laki Perempuan Jumlah Laki-laki Perempuan Jumlah Laki-laki Perempuan Jumlah
Male Female Total Male Female Total Male Female Total
Pekerja Tetap (PWTT)
447 52 499 446 61 507 462 62 524
Tenured Worker
Pekerja Tidak tetap
(PWT) 3 0 3 5 0 5 7 1 8
Non-tenured Worker
Jumlah
450 52 502 451 61 512 469 63 532
Total
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Profil Perusahaan
Company profile
Kesetaraan Gender dan Non Gender Equality and Non
Diskriminasi Discrimination
Sesuai dengan karakteristik bidang usaha dan In accordance with the characteristics of PGE’s business
operasional P , pekerja laki laki mendominasi profil and operational sectors, male employees dominated the
pekerja Perseroan. Meski demikian PGE memastikan ompany s manpower profile. e ertheless, P ensures
penerapan prinsip non diskriminasi dan pemberian the implementation of non-discrimination principles
kesempatan yang sama dalam hal pengembangan and provision of equal opportunities in developing
kompetensi dan karier tanpa memandang suku, agama, competency and career regardless of ethnicity, religion,
ras maupun jenis kelamin. race, and gender.
Saat ini Perseroan telah mempekerjakan 10,35% pekerja The Company has employed 10.35% of female workers,
perempuan, di mana 13% menduduki posisi manajerial. with 13% occupying managerial positions. The Company
Perseroan berkomitmen meningkatkan persentase ini is committed to increase this percentage every year
setiap tahunnya melalui berbagai strategi pengembangan through various career development strategies, such as
karier seperti upskilling terkait leadership, coaching, dan upskilling related to leadership and coaching as well as
mengikutsertakan lebih banyak pekerja perempuan di involving more female employees in Pertamina Group’s
dalam program akselerasi Catalyzer Grup Pertamina. Catalyser acceleration program. There are no differences
Tidak terdapat perbedaan penerapan remunerasi antara in remuneration for male and female workers. Rather,
pekerja laki-laki dan perempuan. Perbedaan remunerasi differences in remuneration are based on position, length
didasarkan karena jabatan, lama bekerja, tingkat of service, level of education, expertise, and performance.
pendidikan, keahlian, dan kinerja.
Jumlah Pekerja Berdasarkan Gender
Numberof Employees Based on Genders
2023 2022 2021
Gender
Jumlah Jumlah Jumlah
% % %
Total Total Total
Laki-laki
450 89,64 451 88,09 469 88,16
Male
Perempuan
52 10,36 61 11,91 63 11,84
Female
Jumlah
502 100 512 100 532 100
Total
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Profil Perusahaan
Company profile
Proses Rekrutmen dan Seleksi Employees Recruitment and Selection
Pekerja Process
Perseroan berkomitmen untuk terus menjaring talenta The Company is committed to continuously hire the best
terbaik dengan memastikan bahwa setiap calon talents by ensuring that every prospective employee is
pekerja dinilai berdasarkan keahlian, pengalaman dan assessed based on their expertise, their experience,
kebutuhan Perseroan. Proses rekrutmen di Perseroan and the Company’s needs. The Company’s recruitment
dilakukan secara internal dan eksternal melalui proses process is carried out internally and externally through
seleksi yang transparan dan objektif, serta kesempatan a transparent and objective selection process with equal
yang setara tanpa memandang latar belakang suku, opportunities regardless of ethnicity, religion, race,
agama, ras, jenis kelamin dan karakteristik lainnya. gender, and other characteristics.
Rekrutmen internal dilakukan melalui Internal Job Internal recruitment is carried out through Internal
Posting di portal Pertamina Group yang terbuka bagi Job Posting on Pertamina Group’s portal open for all
seluruh pekerja internal Pertamina Grup yang memenuhi internal employees of Pertamina Group who meet
persyaratan. Sementara rekrutmen eksternal dilakukan the requirements. Meanwhile, external recruitment is
melalui pengumuman di situs web Perseroan atau conducted through announcements on the Company’s
menggunakan jasa pihak ketiga. website or by using services from third parties.
Selama tahun 2023, Perseroan telah merekrut Throughout 2023, the Company has recruited seven new
tujuh pekerja baru dengan penempatan yang tersebar di employees posted across the Company’s work areas.
seluruh wilayah kerja Perseroan.
Kompensasi dan Benefit Pekerja Employees' Compensations and
Benefits
Perseroan mendasarkan kebijakan remunerasi pekerja The Company puts position, length of service, and
berdasarkan posisi, masa kerja dan pencapaian kinerja performance achievement as bases for worker
tanpa unsur diskriminasi. Kebijakan remunerasi pekerja remuneration. Employees remuneration policies are
disesuaikan dengan peraturan ketenagakerjaan yang in line with the prevailing regulations on manpower,
berlaku, termasuk Upah Minimum Provinsi (UMP). including Provincial Minimum Wage (UMP).
Kompensasi dan enefit pekerja P termasuk gaji, ompensation and enefits or P workers onsist
tunjangan, insentif, bonus, program kesehatan bagi of: salaries, allowances, incentive, bonus, healthcare
pekerja aktif serta pensiun dan program pensiun. Hal ini program for active and retired workers, and pension
termuat di dalam Perjanjian Kerja Bersama (PKB) antara program. It is set out in the Collective Work Agreement
Perseroan dengan Serikat Pekerja Pertamina Geothermal (PKB) between the Company and Workers Union of
Energy (SPPGE) yang diperbarui secara berkala. Pertamina Geothermal Energy (SPPGE) that is renewed
periodically.
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Profil Perusahaan
Company profile
Jenis Tunjangan Pekerja Tetap Pekerja Tidak Tetap
Types of Allowances Permanent Employees Temporary Employees
Tunjangan Hari Raya
v v
Religious Festivity Allowance
Uang Cuti
v
Leave Encashment
Program Pensiun
v
Pension Program
Program Kesehatan Pensiun
v
Healthcare Program for Retirees
Lainnya
v
Others
Perseroan juga memberikan cuti melahirkan kepada The Company also grants maternity leave for female
pekerja perempuan yang mengajukan cuti melahirkan employees who apply for a maternity leave for 1.5 months
selama 1,5 bulan hari kalender menjelang waktu kelahiran of calendar days before childbirth in accordance with the
sesuai surat keterangan medis, dan 1,5 bulan kalender medi al ertifi ate and 1. months o alendar days a ter
setelah melahirkan dengan upah penuh. Kebijakan cuti hild irth with ull wages. Paternity lea e or fi e days is
melahirkan juga diberikan kepada pekerja laki-laki yang also granted to male employees whose wife is giving birth.
istrinya melahirkan dengan jatah cuti sebanyak lima hari.
Pengembangan Kompetensi Pekerja Employees' Competencies Development
Pengembangan kompetensi pekerja menjadi salah satu Employees' competencies development is one of the
fokus utama Perseroan untuk mewujudkan talenta-talenta Company’s main focuses to create talents that will
yang akan menunjang pertumbuhan Perseroan. Saat ini support the Company’s growth. The Company currently
Perseroan memiliki beberapa program pendidikan dan has several education and competency development
pengembangan kompetensi yang terbagi menjadi empat programs divided into four categories, namely:
kategori yaitu:
1. Leadership/Managerial yaitu program pelatihan 1. Leadership/Managerial, namely training and
dan pengembangan untuk memperluas kapasitas development programs to expand individuals’
individu untuk menampilkan peran kepemimpinan capacity to demonstrate leadership roles in an
dalam organisasi di antaranya yaitu: organization, such as:
● Effective Working Attitude ● Effective Working Attitude
● Junior Management Development Program ● Junior Management Development Program
(JMDP) (JMDP)
● Senior Management Development Program ● Senior Management Development Program
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Profil Perusahaan
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(SMDP) (SMDP)
● Talent Development Acceleration (TDA) Mid- ● Talent Development Acceleration (TDA) Mid-
Level/ Trailblazer Level/Trailblazer
● Top Talent Development Program (TTDP)/ ● Top Talent Development Program (TTDP)/
Catalyser Program Catalyser Program
● PRIME (Directorship Program) ● PRIME (Directorship Program)
2. Technical/Functional yaitu program pelatihan dan 2. Technical/Functional, namely training and
pengembangan untuk menambah keterampilan dan development programs to improve skills and
keahlian sesuai dengan jenis pekerjaan di antaranya expertise according to work types, including:
yaitu:
● Pelatihan dan sertifikasi terkait , di ● raining and ertifi ations related to ,
antaranya: Safety Inspector, HAZOPS (Hazard such as: Safety Inspector, HAZOPS (Hazard &
& Operability Studies), Auditor Energi, Manager Operability Studies), Energy Auditor, Energy
Energi, Life Cycle Assessment, Limbah B3, Manager, Life Cycle Assessment, Hazardous
Limbah Non B3, Incident Investigation dll. Waste, Non-Hazardous waste, and Incident
Investigation.
● ertifikasi Risk Management, di antaranya ● isk Management ertifi ations, in luding
adalah: Qualified Risk Management Analyst ualified isk Management nalyst ( M ,
(QRMA), Qualified Risk Management ualified isk Management Pro essional ( MP ,
Professional (QRMP), Qualified Chief Risk and ualified hie isk O fi er ( O.
Officer(QCRO)
● ertifikasi Pemenuhan Kompetensi Pengawas ● Geothermal Operational Supervisor Competency
Operasional Panas Bumi, di antaranya: Uji ertifi ations, su h as ompeten y ests or
Kompetensi Pengawas Operasional Pertama Junior Operational Supervisor (POP), Senior
(POP), Pengawas Operasional Madya (POM) Operational Supervisor (POM), and Principal
dan Pengawas Operasional Utama (POU) Operational Supervisor (POU)
● Pemenuhan ertifikasi O ● ulfillment o O ertifi ations
● ertifikasi Kompetensi enaga eknik ● ompeten y ertifi ation or le tri al Power
Ketenagalistrikan Bidang Pembangkitan (HAKIT) Engineering Personnel in the Generation Sector
(HAKIT)
● ertifikasi Proje t Management ● Proje t Management ertifi ations
● Tenaga Ahli: Inspektur Pipa Penyalur Panas ● Experts: Geothermal Distribution Pipeline
Bumi, Geotermal, Reservoir, pengeboran dll Inspector, Geothermal, Reservoir, Drilling, etc.
3. General/umum yaitu program pelatihan yang 3. General, namely training programs to support
mendukung pengembangan kompetensi di antaranya the development of competencies, such
yaitu negotiation skill, business presentation, as negotiation skill, business presentation,
public speaking, upskilling menghadapi leadership public speaking, upskilling facing leadership
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assessment dan lain-lain. assessment, etc.
4. Tugas Belajar yaitu program pembiayaan pendidikan 4. Learning Assignment, namely a postgraduate
lanjutan (S2) dalam bentuk beasiswa bagi Pekerja scholarship program for Workers who have passed
yang telah lolos seleksi tugas belajar. Pada tahun the learning assignment selection. In 2023,
2023, Perseroan memberikan beasiswa kepada lima the ompany granted a s holarship to fi e P
pekerja PGE untuk tugas belajar keluar negeri. employee for a learning assignment abroad.
Sepanjang tahun 2023, telah dilaksanakan 1.607 Throughout 2023, 1,607 training programs with a total of
pelatihan dengan total jam pelatihan adalah 24.724 24,724 hours of training with average training hours per
jam dengan rata-rata jam pelatihan per pekerja o fi er rea hing 17 hours workers. urther e planation
mencapai 17 jam/pekerja. Penjelasan lebih lengkap regarding workers’ competency development can be
terkait pengembangan kompetensi pekerja terdapat found in PGE’s 2023 Sustainability Report.
pada Laporan Keberlanjutan PGE 2023.
Pelatihan Tahun 2023
Training Program on 2023
Jumlah Pekerja Dilatih Jumlah Jam Pelatihan Pekerja Rata-rata Jam Pelatihan
Berdasarkan Gender Berdasarkan Gender Pekerja Berdasarkan Gender
Number of Workers Number of Workers Training Average Workers Training Hours
Jabatan Trained Based on Gender Hours Based on Gender Based on Gender
Position
Laki-laki Perempuan Jumlah Laki-laki Perempuan Jumlah Laki-laki Perempuan Jumlah
Male Female Total Male Female Total Male Female Total
Manajemen
64 25 3.072 216 16 14 141 5 146
Management
Asisten Manager
108 7 4.976 1.480 18 18 290 56 346
Assistant Manager
Staf
292 24 13.432 1.548 17 18 38 2 40
Staff
Jumlah
464 55 21.480 3.244 17 18 469 63 532
Total
TOTAL 519 24.724 17
*Jumlah termasuk 17 orang pekerja yang mutasi di sepanjang tahun 2023.
*The total includes 17 employees who transferred during the year 2023.
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Biaya Pengembangan Kompetensi Employees' Competency Development
Pekerja Costs
Sepanjang 2023, biaya pelaksanaan program Throughout 2023, the cost for worker competency
pengembangan kompetensi pekerja sebesar Rp13,85 development program implementation reached
miliar naik dibandingkan tahun sebelumnya yang Rp13.85 billion, rose from the previous year of
mencapai Rp7,5 miliar. Kenaikan biaya pengembangan p7. illion. he signifi ant in rease in ompeten y
kompetensi yang signifikan terjadi karena Perseroan development costs occurred because the Company
memberangkatkan lima pekerja untuk tugas belajar dispat hed fi e employees to study or Master s degree
tingkat pascasarjana di luar negeri. overseas.
Rencana Program Pengembangan Program Plan for Employee
Kompetensi Pekerja 2024 Competency Development in 2024
Perseroan berkomitmen untuk terus meningkatkan kualitas The Company is committed to continuously upscale its
dari sumber daya manusia yang dimilikinya dengan human resources quality by consistently implementing
menjalankan program pendidikan dan pelatihan secara education and training programs. PGE has formulated
konsisten. PGE telah menyusun rencana pelaksanaan a plan for the implementation of education and training
program pendidikan dan pelatihan dalam bentuk programs in the forms of webinar, online training, in-
webinar, online training, in house training dan training house training and other training, as well as ertifi ation
lainnya serta program sertifikasi untuk tahun 202 . programs for 2024. To carry out those activities, the
Untuk menyelenggarakan kegiatan tersebut, Perseroan Company has set aside a budget of Rp6.01 billion.
telah menetapkan anggaran sebesar Rp6,01 miliar.
Kebijakan Kesehatan dan Occupational Health and Safety
Keselamatan Kerja Policies
PGE menyadari bahwa pengelolaan kesehatan dan PGE is aware that occupational health and safety
keselamatan kerja sangat penting bagi perlindungan management is crucial for employees' protection and the
pekerja dan keberhasilan Perseroan dalam jangka Company’s success in the long run. Therefore, the Company
panjang. Oleh karena itu Perseroan secara konsisten consistently implements HSSE (Health, Safety, Security, &
menerapkan Sistem Manajemen HSSE (Health, Safety, Enviroment) Management System across the Company’s
Security, & Enviroment) di seluruh area Perseroan areas to minimize potential adverse impacts and strive for
untuk meminimalkan potensi dampak negatif dan zero harm to humans and the environment (zero accident).
mengupayakan nihil kerugian pada manusia dan
lingkungan (zero accident).
Sistem Manajemen HSSE (SMHSSE) ini tidak hanya HSSE Management System (HSSEMS) applies to
berlaku bagi pekerja PGE namun juga kepada pihak not only PGE's employees but also other related
terkait lain seperti kontraktor/penyedia barang dan parties, such as contractors/goods and services
jasa. Pelaksanaan SMHSSE dituangkan dalam program providers. The implementation of HSSEMS is outlined
kerja fungsi HSSE antara lain melalui Management in the HSSE Programs, including Management
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Walk Through dan SWAT (Safety Walk and Talk) untuk Walk Through and SWAT (Safety Walk and Talk)
menunjukkan komitmen manajemen perusahaan dalam to show the company management’s commitment
mengedepankan aspek HSSE pada setiap kegiatan in prioritizing HSSE aspects in every operational activities.
operasi yang dijalankan.
Penerapan SMHSSE di Perseroan mengacu pada Permen The implementation of HSSEMS in the Company refers
ESDM Republik Indonesia No. 33 Tahun 2021 tentang to Regulation of the Minister of Energy and Mineral
Keselamatan dan Kesehatan Kerja, Perlindungan dan Resources Republic of Indonesia No. 33 of 2021
Pengelolaan Lingkungan Hidup, dan Kaidah Teknis on Occupational Health and Safety, Environmental
Panas Bumi untuk Pemanfaatan Tidak Langsung. Sebagai Protection and Management, and Technical Guidelines
bagian dari manajemen risiko, PGE juga menerapkan for Indirect Use of Geothermal Energy. As part of risk
Geothermal Integrated Management System yang management, PGE also applies a Geothermal Integrated
terintegrasi dengan SUPREME (Sustainability Pertamina Management System that is integrated with SUPREME
Expectations For HSSE Management Excellence). (Sustainability Pertamina Expectations for HSSE
Management Excellence).
SUPREME adalah sistem manajemen yang SUPREME is a management system integrating the best/
mengintegrasikan praktik-praktik HSSE terbaik berkelas world class HSSE practices structurally and systematically
dunia secara terstruktur dan sistematis pada tingkat at the levels of Corporate, Directorate, Operational Unit,
Korporat, Direktorat, Unit Operasi, dan Anak Perusahaan and Pertamina Subsidiary to ensure that the HSSE practices
Pertamina untuk memastikan bahwa praktik-praktik HSSE contribute to the business sustainability on the whole,
tersebut memberikan kontribusi terhadap keberlanjutan manage business-related risks, and determine as well
bisnis secara keseluruhan, mengelola risiko yang terkait as achieve business and HSSE targets and other targets
dengan bisnis, dan menetapkan serta mencapai target of Pertamina (KPI, objectives, and/or other targets).
bisnis, HSSE, dan target Pertamina lainnya (KPI, sasaran,
dan/atau target lainnya).
Penerapan SUPREME didasarkan pada pemenuhan The implementation of SUPREME is based on the
peraturan perundang-undangan yang berlaku seperti compliance with prevailing regulations, such as
Sistem Manajemen Keselamatan dan Kesehatan Kerja Occupational Health and Safety Management System
(SMK3), Sistem Manajemen Pengamanan (SMP) (SMK3), Regulation of Chief of Indonesian National
berdasarkan Peraturan Kapolri (Perkap) 24/2027 dan Police Number 24/2007 on Security Management
PROPER (Public Disclosure Program for Environmental System (SMP), and PROPER (Public Disclosure Program for
Compliance) Kementerian Lingkungan Hidup dan Environmental Compliance) of Ministry of the Environment
Kehutanan (KLHK) serta standar sistem manajemen and Forestry, as well as international management
internasional seperti ISO 9001, ISO 14001, ISO system standards, such as ISO 9001, ISO 14001, ISO
26000, ISO 27001, ISO 28000, ISO 31000, ISO 26000, ISO 27001, ISO 28000, ISO 31000, ISO
39001, ISO 45001, ISO 50001, dan standar lainnya. 39001, ISO 45001, ISO 50001, and other standards.
Perseroan juga memiliki Risk Register untuk risiko bisnis The Company also has a Risk Register for company
perusahaan dan HIRADC (Hazard Identification Risk usiness risks and ( a ard dentifi ation isk
Assessment and Determining Control) untuk risiko Assessment and Determining Control) for operational
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Profil Perusahaan
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operasional, sebagai bagian dari pengelolaan risiko risks as part of HSSE risk management. In addition, the
HSSE. Selain itu Perseroan juga mengimplementasikan Company also implements CSMS (Contractor Safety
CSMS (Contractor Safety Management System) yang Management System), which is an occupational health ,
merupakan sistem pengelolaan aspek kesehatan, safety, security, and environment management system for
keselamatan kerja, keamanan, dan lingkungan untuk goods and services providers in carrying out their duties.
penyedia barang dan jasa dalam pelaksanaan
pekerjaannya.
Implementasi CSMS ini bertujuan untuk memastikan The implementation of CSMS aims to ensure that
pekerjaan kontrak yang dilaksanakan oleh Pelaksana contract work carried out by Contract Executors has
Kontrak telah dikelola dengan mengedepankan aspek been managed by prioritizing HSSE aspects effectively,
HSSE yang efektif, menyeluruh dan konsisten sesuai thoroughly, and consistently in accordance with the
dengan persyaratan Perseroan untuk memitigasi setiap Company’s requirements to mitigate every potential
potensi bahaya dan risiko pada pekerjaan terkait. harm and risk of the relevant work.
Penjelasan lebih lengkap terkait pengembangan Further explanation on the development of Occupational
Kebijakan Kesehatan dan Keselamatan Kerja terdapat Health and Safety Policies can be found in PGE’s 2023
pada Laporan Keberlanjutan PGE 2023. Sustainability Report.
Tingkat Kepuasan Pekerja Employee Satisfaction Level
Perseroan telah menjalankan survei kepuasan pekerja The Company has conducted a worker satisfaction survey
sejak tahun 2015. Melalui strategi ini Perseroan dapat since 2015. Through this strategy, the Company can
mengetahui kebutuhan pekerja dan dapat membuat identify employees' needs and devise policy strategies
strategi kebijakan yang sesuai dengan kebutuhan appropriate with the needs of the Company and the
Perseroan dan pekerja. employees.
Beberapa aspek yang termasuk di dalam penilaian Several aspects included in the survey assessment
survei menyangkut rekrutmen, pengupahan, pembinaan are related to recruitment, remuneration, coaching
dan pengembangan pekerja, hubungan industrial, and development of employees, industrial relations,
layanan kesehatan dan lain-lain. Responden tidak perlu healthcare services, and others. Respondents are not
mencantumkan nama maupun nomor pekerja (anonim), required to write down their name or worker ID number
dan hanya mengisi lokasi kerja. (anonymous and only fill in their work lo ation.
Hasil survei dari 218 responden (dari total 504 pekerja The results of a survey involving 218 respondents
pada 2023 menunjukkan skor ESS (Employee Satisfaction (from a total of 504 employees in 2023 revealed that
Survey) sebesar 4,08 atau tercapai 104,6% dari target an Employee Satisfaction Survey (ESS) score reached
3,9. Hasil kepuasan pekerja tersebut akan menjadi 4.08 or achieved 104.6% from the 3.9 target. Worker
bahan evaluasi dan perumusan peningkatan kinerja satisfaction results will be used as material for evaluating
divisi Human Capital (HC) pada tahun berikutnya. and formulating improvements of the performance of
the Human Capital (HC) division in the following year.
Penjelasan lebih lanjut terkait pengelolaan SDM Further explanation on the Company’s Human Resources
Perseroan dapat dilihat pada Laporan Keberlanjutan management can be found in the Company’s 2023
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struktur dan komposisi pemegang saham
structure and composition of shareholders
Pada tahun 2023 Perseroan telah efektif menjadi As of 2023 the Company has effectively become a public
perusahaan terbuka setelah melakukan Penawaran company after conducting an Initial Public Offering (IPO)
Umum Saham Perdana atau Initial Public Offering and listing its shares on the Indonesia Stock Exchange
(IPO) dan mencatatkan saham di Bursa Efek Indonesia (IDX). The composition of the Company’s share ownership
(BEI). Komposisi kepemilikan saham Perseroan per 31 as of 31 December 2023 is as follows:
Desember 2023 adalah sebagai berikut:
15%
10%
69,01% masyarakat
public
5,99%
Komposisi Pemegang Saham
Composition of Shareholders
24 Februari 2023 31 Desember 2023
24 February 2023 31 December 2023
Pemegang Saham Persentase Persentase
Shareholders Kepemilikan Kepemilikan
Jumlah Saham Jumlah Saham
Saham Saham
Total Shares Total Shares
Shareholding Shareholding
Percentage Percentage
PT Pertamina Power Indonesia 28.568.460.000 69,01% 28.568.460.000 69,01%
PT Pertamina Pedeve Indonesia 2.477.682.000 5,99% 2.477.682.000 5,99%
Masdar Indonesia Solar 6.209.421.300 15,00% 6.209.421.300 15,00%
Masyarakat
4.140.578.700 10,00% 4.140.578.700 10,00%
Public
Jumlah
41.396.142.000 100,00% 41.396.142.000 100,00%
Total
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Kepemilikan Saham yang Mencapai 5% atau Lebih
Share Ownership of 5% or More
24 Februari 2023 31 Desember 2023
24 February 2023 31 December 2023
Pemegang Saham Persentase Persentase
Shareholders Kepemilikan Kepemilikan
Jumlah Saham Jumlah Saham
Saham Saham
Total Shares Total Shares
Shareholding Shareholding
Percentage Percentage
PT Pertamina Power Indonesia 28.568.460.000 69,01% 28.568.460.000 69,01%
PT Pertamina Pedeve Indonesia 2.477.682.000 5,99% 2.477.682.000 5,99%
Masdar Indonesia Solar 6.209.421.300 15,00% 6.209.421.300 15,00%
Kelompok Pemegang Saham Masyarakat Kurang dari 5%
Public Shareholders Less Than 5%
31 Desember 2023
31 December 2023
Pemegang Saham Persentase
No Jumlah Pemegang Kepemilikan
Shareholders Jumlah Saham
Saham Saham
Total Shares
Total Shareholders Shareholding
Percentage
Perorangan Indonesia
1 38.977 825.948.600 1,99523%
Indonesian Individuals
Koperasi
2 3 79.000 0,00019%
Cooperative
Yayasan
3 6 3.419.000 0,00826%
Foundation
Dana Pensiun
4 30 92.326.100 0,22303%
Pension Fund
Asuransi
5 32 38.678.600 0,09344%
Insurance
Perseroan Terbatas
6 91 33.190.680.792 80,17820%
Limited Liability Company
Reksadana
7 73 331.077.294 0,79978%
Mutual Fund
Perorangan Asing
8 189 10.199.000 0,02464%
Foreign Individuals
Badan Usaha Asing
9 57 6.903.733.614 16,67724%
Foreign Business Entities
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Komposisi 20 Pemegang Saham Terbesar
20 Largest Shareholders’ Composition
Persentase
Jumlah Kepemilikan
Pemegang Saham
No Saham Saham Status
Shareholders
Total Shares Shareholding
Percentage
Investor Asing
1 Masdar Indonesia Solar Holdings RSC Limited 6.209.421.300 15%
Foreign Investors
Investor Domestik
2 PT Tanam Investasi Indonesia 2.069.807.000 5%
Domestic Investors
Investor Asing
3 BP2S Singapore/Amanah Saham Bumiputera 150.000.000 0,36%
Foreign Investors
Investor Asing
4 DBS Vickers SECS Singapore (PTE) LTD A/C Clients 121.295.900 0,29%
Foreign Investors
Investor Asing
5 JPMCB NA RE - Utilico Emerging Markets Trust PLC 100.000.000 0,24%
Foreign Investors
Investor Asing
6 Morgan Stanley And CO INTL PLC - IPB Client Account 70.663.500 0,17%
Foreign Investors
Investor Domestik
7 Reksa Dana HPAM Smart Beta Ekuitas 65.030.500 0,16%
Domestic Investors
Investor Domestik
8 Reksa Dana Syariah HPAM Ekuitas Syariah Berkah 40.399.900 0,10%
Domestic Investors
Investor Asing
9 Citibank New York S/A Government Of Norway - 15 37.838.900 0,09%
Foreign Investors
Investor Domestik
10 PT Taspen 37.118.400 0,09%
Domestic Investors
Investor Domestik
11 PT Taspen (Asuransi) - AFS 34.575.800 0,08%
Domestic Investors
Investor Asing
12 Citibank New York S/A Government Of Norway - 1 34.288.200 0,09%
Foreign Investors
Investor Domestik
13 Reksa Dana SAM Dana Cerdas 29.000.000 0,07%
Domestic Investors
Investor Asing
14 Citibank New York S/A Government Of Norway - 23 28.000.000 0,07%
Foreign Investors
BNPP LUX/2S/BNP Paribs Funds Emerging Investor Asing
15 24.724.500 0,06%
Markets Climate Solutions Foreign Investors
Investor Asing
16 JP Morgan Securities PLC 21.200.000 0,05%
Foreign Investors
Investor Domestik
17 Sumitro 18.909.800 0,05%
Domestic Investors
Investor Domestik
18 Maruarar Sirait 18.602.700 0,04%
Domestic Investors
Investor Domestik
19 Wiranata Halim 17.992.300 0,04%
Domestic Investors
Investor Domestik
20 Reksa Dana Panin Dana Unggulan 17.041.100 0,04%
Domestic Investors
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Kepemilikan Saham Oleh Anggota Dewan Komisaris dan Direksi (Langsung dan
Tidak Langsung)
Shareholding by Members of the Board of Commissioners and Directors (Direct and Indirect)
24 Februari 2023 31 Desember 2023
24 February 2023 31 December 2023
Nama Jabatan Persentase Persentase
Name Position Jumlah Kepemilikan Jumlah Kepemilikan
Saham Saham Saham Saham
Total Shares Shareholding Total Shares Shareholding
Percentage Percentage
Komisaris Utama/ Komisaris
Independen
Sarman Simanjorang 0 0 0 0
President Commissioner/
Independent Commissioner
Komisaris Independen
Sujit S. Parhar 0 0 0 0
Independent Commissioner
Komisaris
Dannif Danusaputro 0 0 50.000 0,0001208%
Commissioner
Komisaris
Harris 0 0 0 0
Commissioner
Direktur Utama
Julfi adi 0 0 0 0
President Director
Direktur Keuangan
Nelwin Aldriansyah 0 0 0 0
Director of Finance
Direktur Eksplorasi
dan Pengembangan
Rachmad Hidajat 0 0 0 0
Director of Exploration
and Development
Direktur Operasi
Ahmad Yani 0 0 0 0
Director of Operations
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Profil Singkat Pemegang Saham Brief Profile of Major and Controlling
Utama dan Pengendali Shareholders
PT Pertamina Power Indonesia (“Pertamina NRE”) PT Pertamina Power Indonesia (“Pertamina NRE”) is
merupakan salah satu entitas anak PT Pertamina one of the subsidiaries of PT Pertamina (Persero), which
(Persero), yang juga berperan sebagai Subholding also acts as Subholding Power & Renewable Energy
Power & Renewable Energy (PNRE). Secara historis, (P . istori ally, Pertamina was first esta lished
Pertamina NRE pertama kali didirikan pada 26 Oktober on 26 October 2016 as Pertamina’s strategic holding
2016 sebagai strategic holding company Pertamina company tasked with running, controlling, and
yang bertugas untuk menjalankan, mengendalikan, managing Pertamina’s gas-based power and new
dan mengelola kegiatan usaha bisnis power berbasis & renewable energy (NRE) business activities, both
gas dan energi baru & terbarukan (EBT) milik Pertamina, at home and abroad. As part of Pertamina Group,
baik di dalam maupun di luar negeri. Sebagai bagian Pertamina NRE makes the most of the strong synergy
dari Pertamina Group, Pertamina NRE memanfaatkan established with Pertamina so that Pertamina NRE is
sinergi kuat yang terjalin bersama Pertamina sehingga upbeat that it can become a major player in the gas-
Pertamina NRE optimis dapat menjadi pemain utama based and NRE power business, including captive
di bidang bisnis power berbasis gas dan EBT, termasuk power business and NRE to power business in Indonesia.
captive power business dan bisnis EBT to power
di Indonesia.
Memasuki tahun ketujuh perjalanan bisnisnya, pada Entering the seventh year of its business journey, this year
tahun ini Pertamina NRE telah mengelola satu entitas Pertamina NRE has managed one subsidiary, namely PT
anak usaha, yakni PT Pertamina Geothermal Energy Tbk Pertamina eothermal nergy k and three a filiates,
dan tiga afiliasi yaitu P Jawa atu Power (J P yang namely PT Jawa Satu Power (JSP) which participates
berpartisipasi di dalam proyek IPP Jawa-1, PT Jawa in the IPP Jawa-1 project, PT Jawa Satu Regas (JSR)
Satu Regas (JSR) yang mengelola FSRU Proyek Jawa-1, which manages the Jawa-1 Project FSRU, and PT
dan PT Industri Baterai Indonesia (IBC). Hingga Industri Baterai Indonesia (IBC). As of the end of 2023,
akhir tahun 2023, Pertamina NRE memiliki total Pertamina NRE has a total installed capacity of 67.95
kapasitas terpasang sebesar 67,95 MW terdiri MW consisting of 12.90 MW of gas to power, 4.4 MW
dari 12,90 MW gas to power, 4,4 MW PLTBg dan of biomass power plant and 50.65 MW of solar power
50,65 MW PLTS, tidak termasuk 0,82 MW kapasitas PLTS plant, excluding 0.82 MW of solar power plant capacity
dengan skema jual putus. Pertamina NRE under a sell-off scheme. Pertamina NRE is building Wind,
sedang membangun portofolio bisnis Wind, Biomass, Biomass, Biofuel business portfolio for NRE business, as
Biofuel untuk bisnis EBT, serta portofolio bisnis gas to well as gas to power business portfolio, Operation and
power, Operation and Maintenance (O&M) Service, Maintenan e (O&M er i e, nergy fi ien y, reen
Energy Efficiency, Green Hydrogen, Battery & Electric Hydrogen, Battery & Electric Vehicle (EV), Carbon
Vehicle (EV), Carbon Business (Nature Based Solution Business (Nature Based Solution and Carbon Trading).
dan Carbon Trading).
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Profil Perusahaan
Company profile
Komposisi Dewan Komisaris dan Direksi PT Pertamina Power Indonesia
Composition of the Board of Commissioners and Directors of PT Pertamina Power Indonesia
Dewan Komisaris l Board of Commissioners
Komisaris
: Ajar Budi Kuncoro
Commissioner
Komisaris
: Budiman Parhusip
Commissioner
Komisaris
: Havidh Nazif
Commissioner
Komisaris
: Dwi Agus Setiawan
Commissioner
Direksi l Board of Commissioners
Direktur Utama
: Dannif Danusaputro
President Director
Direktur SDM & Penunjang Bisnis
: Said Reza Pahlevy
Director of HR & Business Support
Direktur Proyek & Operasi
: Norman Ginting
Director of Project & Operations
Direktur Keuangan
: Iman Hilmansah
Director of Finance
Direktur Perencanaan Strategis & Pengembangan Bisnis
: Fadli Rahman
Director of Strategic Planning & Business Development
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Company profile
kronologis pencatatan saham
chronology of share listing
Pada tanggal 16 Februari 2023 PGE memperoleh On 16 February 2023 PGE obtained an effective
pernyataan efektif dari Otoritas Jasa Keuangan (OJK) statement from the Financial Services Authority (OJK) to
untuk melakukan Penawaran Umum Saham Perdana conduct an Initial Public Offering (IPO) to the public of
atau Initial Public Offering (IPO) kepada masyarakat 10, 0,000,000 (ten illion three hundred fi ty million
sebanyak 10.350.000.000 (sepuluh miliar tiga ratus common shares representing 25% of the Company’s issued
lima puluh juta) saham biasa atas nama yang mewakili and paid-up capital at an offering price of Rp875 per share.
25% dari modal ditempatkan dan disetor Perseroan
dengan harga penawaran Rp875 per lembar saham.
Perseroan telah melaksanakan IPO pada The Company conducted its IPO on 20-22 February
20-22 Februari 2023 dan berhasil meraih dana sebesar 2023 and raised Rp9,056,250,000,000 (nine trillion
Rp9.056.250.000.000 (sembilan triliun lima puluh fi ty si illion two hundred fi ty million rupiah . P s
enam miliar dua ratus lima puluh juta rupiah). IPO PGE IPO was oversubscribed by 3.81 times, indicating a high
mengalami kelebihan permintaan (oversubscribed) le el o in estor onfiden e in P s usiness prospe ts.
hingga 3,81 kali, menunjukkan tingkat kepercayaan
investor yang tinggi kepada prospek bisnis PGE.
Dana yang diperoleh dari IPO setelah dikurangi seluruh Around 85% of the funds obtained from the IPO after
biaya-biaya emisi saham, sekitar 85% akan dialokasikan being subtracted by all share issuance costs will be
oleh Perseroan untuk pengembangan usaha hingga tahun allocated by the Company for business development
2025. Kemudian sekitar 15% atau sebanyak-banyaknya until 2025. Meanwhile, around 15% or a maximum
USD100.000.000 akan digunakan oleh Perseroan untuk of USD100,000,000 will be used by the Company to
pembayaran sebagian Facilities Agreement tertanggal pay part of the Facilities Agreement dated June 23,
23 Juni 2021 antara Perseroan dengan Mandated Lead 2021, between the Company and the Mandated Lead
Arrangers, Kreditur Sindikasi Awal dari PT Bank Mandiri Arrangers, an Initial Syndicated Creditors from PT Bank
(Persero) Tbk sebagai Facility Agent. Mandiri (Persero) Tbk as the Facility Agent.
Selanjutnya Perseroan akan mengalokasikan maksimal Furthermore, the Company will allocate a maximum
1,50% dari modal ditempatkan dan disetor penuh setelah of 1.50% of the issued and fully paid-up capital
IPO atau sebanyak-banyaknya 630.398.000 (enam ratus after the IPO or a maximum of 630,398,000
tiga puluh juta tiga ratus sembilan puluh delapan ribu) (six hundred thirty million three hundred ninety
saham untuk program Opsi Pembelian Saham kepada eight thousand) shares for the Management
Manajemen dan Karyawan Perseroan (Management and Employee Stock Option Program (MESOP).
and Employee Stock Option Program/MESOP).
Saham Perseroan tercatat dan mulai diperdagangkan di The Company’s shares were listed and started trading
Indonesia (BEI) pada 24 Februari 2023 dengan kode on the Indonesia Stock Exchange (IDX) on 24 February
transaksi perdagangan PGEO. Jumlah saham beredar 2023 with the ticker code “PGEO”. The number of
(free float) PGEO mencapai 4.140.578.700 (empat P O s ree oat shares rea hed ,1 0, 78,700 ( our
miliar seratus empat puluh juta lima ratus tujuh puluh illion one hundred orty million fi e hundred se enty
delapan ribu tujuh ratus) saham, atau 10% dari seluruh eight thousand seven hundred) shares, or 10% of the
modal disetor Perseroan. Company’s paid-up capital.
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Profil Perusahaan
Company profile
kronologis pencatatan obligasi
chronology of bond listing
Pada 27 April 2023 Perseroan menerbitkan On 27 April 2023, the Company issued green bonds worth
surat utang berwawasan lingkungan (green USD400,000,000 (four hundred million United States
bond) senilai USD400.000.000 (empat ratus ollars with a fi ed interest rate o .1 (fi e point
juta Dolar Amerika Serikat) dengan bunga tetap fi teen per ent per annum and maturing on 27 pril 2028.
sebesar 5,15% (lima koma lima belas persen)
per tahun dan jatuh tempo pada 27 April 2028.
Green bond PGE menjadi bond premium di secondary PGE’s green bond is a prominent green bond in the
market yang tercatat di Singapore Exchange Securities secondary market listed on the Singapore Exchange
Trading Limited (SGX-ST) dan mendapatkan peringkat Securities Trading Limited (SGX-ST) and is rated Baa3
Baa3 (Stable) dari Moody’s Investors Services dan (Stable) by Moody’s Investors Services and BBB- (Stable)
BBB- (Stable) dari Fitch Rating. Peringkat tersebut by Fitch Rating. These ratings indicate the Company’s
menunjukkan fundamental bisnis Perseroan yang kuat robust business fundamentals so that it has a promising
sehingga memiliki proyeksi investasi menjanjikan di masa investment outlook in the future.
depan.
Kepercayaan investor yang tinggi kepada green bond igh in estor onfiden e in P s green ond is e ident
PGE terlihat dari kelebihan permintaan (oversubscribed) from the oversubscribed up to 8.25 times or a worth of
hingga 8,25 kali atau senilai USD3,3 miliar. Hal ini . illion. his is an indi ator o in estor onfiden e
menjadi indikator akan kepercayaan investor terhadap in the potential for investment in the geothermal and
potensi investasi di sektor geotermal dan energi renewable energy sectors in Indonesia.
terbarukan di Indonesia.
Dana dari penerbitan green bond akan digunakan Funds from the green bond issuance will be used by
Perseroan untuk membiayai kembali (refinancing) the ompany to refinan e P s geothermal resour e
proyek-proyek pengembangan sumber daya geotermal de elopment proje ts. he use o unds or refinan ing
PGE. Penggunaan dana untuk refinancing sudah sesuai is in accordance with the Eligibility Criteria set forth in
dengan Eligibility Criteria yang telah ditetapkan dalam PGE’s Green Financing Framework which is in line with
Green Financing Framework PGE yang selaras dengan the Green Bonds Principles 2021, Green Loan Principles
Green Bonds Principles 2021, Green Loan Principles 2021 and ASEAN Green Bonds Standards 2018.
2021 dan ASEAN Green Bonds Standards 2018.
Peringkat Green Bond PGE
PGE Green Bond Rating
Agensi Pemeringkat Peringkat
Outlook
Rating Agencies Rating
Moody’s Baa3 Stable
Fitch Ratings BBB- Stable
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Company profile
struktur grup perseroan 15%
corporate group structure
10%
69,01% masyarakat
public
5,99%
ENTITAS ANAK ENTITAS ASOSIASI
SUBSIDIARIES ASSOCIATES
GEOTHERMAL ENERGI SEULAWAH 1. PT Pertamina Hulu Energi Corridor
2. PT Pertamina Hulu Energi Gebang North Sumatera
3. PT Pertamina Hulu Energi Jabung
4. PT Pertamina Hulu Energi Jambi Merang
5. PT Pertamina Hulu Energi Kakap
25% 75% 6. PT Pertamina Hulu Energi Makassar Strait
Perusahaan Daerah PT Pertamina
7. PT Pertamina Hulu Energi Ogan Komering
Pembangunan Aceh Geothermal Energy
8. PT Pertamina Hulu Energi NSO
9. PT Pertamina Hulu Energi Raja Tempirai
10. PT Pertamina Hulu Energi Coastal Plains
11. PT Pertamina Hulu Energi Salawati Basin
12. PT Pertamina Hulu Energi Salawati
13. PT Pertamina Hulu Energi Simenggaris
PT CAHAYA ANAGATA ENERGY 14. PT Pertamina Hulu Energi South Jambi B
15. PT Pertamina Hulu Energi Tengah K
16. PT Pertamina Hulu Energi Tomori Sulawesi
17. PT Pertamina Hulu Energi Tuban East Java
18. PT Pertamina Hulu Energi West Madura Offshore
60% 40% 19. PT Pertamina Hulu Energi Sakakemang
PT Pertamina 20. PT Pertamina Hulu Energi Kampar
Chevron New
Geothermal Energy
Energies Holdings 21. PT Pertamina Hulu Energi Ambalat Timur
Indonesia Ltd.
PGE KOTABOMAGU
HULU ENERGI
1%
PT Pertamina
99%
Hulu Energi PT Pertamina
Geothermal Energy
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Profil Perusahaan
Company profile
entitas anak, entitas asosiasi,
dan perusahaan ventura
subsidiaries, associates, and joint ventures
ENTITAS ANAK
SUBSIDIARIES
PT PERTAMINA GEOTHERMAL ENERGY KOTAMOBAGU PT PERTAMINA GEOTHERMAL ENERGY SEULAWAH
Alamat : WKP Kotamobagu, Provinsi SulawesiUtara Alamat : WKP Seulawah Agam, Provinsi Aceh
Address WKP Kotamobagu, North Sulawesi Province Address WKP Seulawah Agam, Aceh Province
Kegiatan Usaha : Pengusahaan Tenaga Panas Bumi Kegiatan Usaha : Pengusahaan Tenaga Panas Bumi
Line of Business Geothermal Energy Business. Line of Business Geothermal Energy Business.
Kepemilikan Saham : 99% Kepemilikan Saham : 75%
Share Ownership Share Ownership
Tahun Pendirian : 2016 Tahun Pendirian : 2017
Establishment Year Establishment Year
Dasar Hukum : Akta Pendirian No. 3 tanggal 9 Mei 2016 Dasar Hukum : Akta Pendirian No.6 tanggal 31 Juli 2017
Pendirian sebagaimana diubah dengan Akta No. 20 Pendirian Deed of Establishment No. 6 dated 31 July
Legal Basis of tanggal 22 Juli 2022 Legal Basis of 2017
Establishment Deed of Establishment No. 3 dated 9 Establishment
May 2016, as amended by Deed No. 20
dated 22 July 2022
Status Operasional : Belum Beroperasi/produksi Status Operasional : Belum Beroperasi
Operation Status Not yet in operation/production Operation Status Not yet in operation
Wilayah Kerja : Kotamobagu, Provinsi Sulawesi Utara. Wilayah Kerja : Seulawah, Agam, Aceh.
Work Area Kotamobagu, North Sulawesi Province. Work Area
Jumlah Aset : USD10.555,16 Jumlah Aset : USD222.164,31
Total Asset Total Asset
PT CAHAYA ANAGATA ENERGY
Alamat : WKP Way Ratai, Provinsi Lampung
Address WKP Way Ratai, Lampungi Province
Kegiatan Usaha : Pengusahaan Tenaga Panas Bumi
Line of Business Geothermal Energy Business.
Kepemilikan Saham : 40%
Share Ownership
Tahun Pendirian : 2023
Establishment Year
Dasar Hukum : Akta Pendirian No. 36 tanggal 6 December
Pendirian 2023
Legal Basis of December 2023, as amended by Deed No.36
Establishment dated 22 July 2022
Status Operasional : Belum Beroperasi/produksi
Operation Status Not yet in operation/production
Wilayah Kerja Way atai, Lampung.
Work Area Way Ratai, Lampungi Province..
Jumlah Aset : USD29.100.000
Total Asset
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ENTITAS ASOSIASI
ASSOCIATES
PT PERTAMINA HULU ENERGI CORRIDOR PT PERTAMINA HULU ENERGI GEBANG NORTH SUMATERA
Alamat : PHE Tower Lantai 25 Jalan TB. Simatupang Alamat : PHE Tower Lantai 25 Jalan TB. Simatupang
Address Kav. 99 Jakarta Selatan Address Kav. 99 Jakarta Selatan
PHE Tower 25th Floor, Jalan TB Simatupang PHE Tower 25th Floor, Jalan TB Simatupang
Kav. 99 South Jakarta Kav. 99 South Jakarta
Kegiatan Usaha : Usaha Hulu Migas Kegiatan Usaha : Usaha Hulu Migas
Line of Business Upstream Oil and Gas Business Line of Business Upstream Oil and Gas Business
Kepemilikan Saham : PT Pertamina Geothermal Energy Tbk: 1% Kepemilikan Saham : PT Pertamina Geothermal Energy Tbk: 1%
Share Ownership PT Pertamina Hulu Energi: 99% Share Ownership PT Pertamina Hulu Energi: 99%
Tahun Pendirian : 2007 Tahun Pendirian : 2007
Establishment Year Establishment Year
Dasar Hukum : Akta Pendirian No. 20 tanggal 18 Desember Dasar Hukum : Akta Pendirian No. 13 tanggal 18 Desember
Pendirian 2007 Pendirian 2007
Legal Basis of Deed of Establishment No. 20 dated 18 Legal Basis of Deed of Establishment No. 13 dated 18
Establishment December 2007 Establishment December 2007
Status Operasional : Sudah Beroperasi Status Operasional : Non - Aktif
Operation Status Already in operation Operation Status Non - Active
PT PERTAMINA HULU ENERGI JABUNG PT PERTAMINA HULU ENERGI KAKAP
Alamat : PHE Tower Lantai 25 Jalan TB. Simatupang Alamat : PHE Tower Lantai 25 Jalan TB. Simatupang
Address Kav. 99 Jakarta Selatan Address Kav. 99 Jakarta Selatan
PHE Tower 25th Floor, Jalan TB Simatupang PHE Tower 25th Floor, Jalan TB Simatupang
Kav. 99 South Jakarta Kav. 99 South Jakarta
Kegiatan Usaha : Usaha Hulu Migas Kegiatan Usaha : Usaha Hulu Migas
Line of Business Upstream Oil and Gas Business Line of Business Upstream Oil and Gas Business
Kepemilikan Saham : PT Pertamina Geothermal Energy Tbk: 1% Kepemilikan Saham : PT Pertamina Geothermal Energy Tbk: 1%
Share Ownership PT Pertamina Hulu Energi: 99% Share Ownership PT Pertamina Hulu Energi: 99%
Tahun Pendirian : 2007 Tahun Pendirian : 2007
Establishment Year Establishment Year
Dasar Hukum : Akta Pendirian No. 21 tanggal 18 Desember Dasar Hukum : Akta Pendirian No. 17 tanggal 18 Desember
Pendirian 2007 Pendirian 2007
Legal Basis of Deed of Establishment No. 21 dated 18 Legal Basis of Deed of Establishment No. 17 dated 18
Establishment December 2007 Establishment December 2007
Status Operasional : Sudah Beroperasi /Produksi Status Operasional : Sudah Beroperasi /Produksi
Operation Status Already in operation/production Operation Status Already in operation/production
PT PERTAMINA HULU ENERGI OGAN KOMERING PT PERTAMINA HULU ENERGI JAMBI MERANG
Alamat : PHE Tower Lantai 25 Jalan TB. Simatupang Alamat : PHE Tower Lantai 25 Jalan TB. Simatupang
Address Kav. 99 Jakarta Selatan Address Kav. 99 Jakarta Selatan
PHE Tower 25th Floor, Jalan TB Simatupang PHE Tower 25th Floor, Jalan TB Simatupang
Kav. 99 South Jakarta Kav. 99 South Jakarta
Kegiatan Usaha : Usaha Hulu Migas Kegiatan Usaha : Usaha Hulu Migas
Line of Business Upstream Oil and Gas Business Line of Business Upstream Oil and Gas Business
Kepemilikan Saham : PT Pertamina Geothermal Energy Tbk: 1% Kepemilikan Saham : PT Pertamina Geothermal Energy Tbk: 1%
Share Ownership PT Pertamina Hulu Energi: 99% Share Ownership PT Pertamina Hulu Energi: 99%
Tahun Pendirian : 2007 Tahun Pendirian : 2007
Establishment Year Establishment Year
Dasar Hukum : Akta Pendirian No. 14 tanggal 18 Desember Dasar Hukum : Akta Pendirian No. 9 tanggal 18 Desember
Pendirian 2007 Pendirian 2007
Legal Basis of Deed of Establishment No.14 dated 18 Legal Basis of Deed of Establishment No. 9 dated 18
Establishment December 2007 Establishment December 2007
Status Operasional : Sudah Beroperasi /Produksi Status Operasional : Sudah Beroperasi /Produksi
Operation Status Already in operation/production Operation Status Already in operation/production
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PT PERTAMINA HULU ENERGI MAKASSAR STRAIT PT PERTAMINA HULU ENERGI NSO
Alamat : PHE Tower Lantai 25 Jalan TB. Simatupang Alamat : PHE Tower Lantai 25 Jalan TB. Simatupang
Address Kav. 99 Jakarta Selatan Address Kav. 99 Jakarta Selatan
PHE Tower 25th Floor, Jalan TB Simatupang PHE Tower 25th Floor, Jalan TB Simatupang
Kav. 99 South Jakarta Kav. 99 South Jakarta
Kegiatan Usaha : Usaha Hulu Migas Kegiatan Usaha : Usaha Hulu Migas
Line of Business Upstream Oil and Gas Business Line of Business Upstream Oil and Gas Business
Kepemilikan Saham : PT Pertamina Geothermal Energy Tbk: 1% Kepemilikan Saham : PT Pertamina Geothermal Energy Tbk: 1%
Share Ownership PT Pertamina Hulu Energi: 99% Share Ownership PT Pertamina Hulu Energi: 99%
Tahun Pendirian : 2007 Tahun Pendirian : 2008
Establishment Year Establishment Year
Dasar Hukum : Akta Pendirian No. 23 tanggal 18 Desember Dasar Hukum : Akta Pendirian No. 12 tanggal 15 Januari
Pendirian 2007 Pendirian 2008
Legal Basis of Deed of Establishment No.23 dated 18 Legal Basis of Deed of Establishment No. 12 dated 15
Establishment December 2007 Establishment January 2008
Status Operasional : Sudah Beroperasi /Produksi Status Operasional : Sudah Beroperasi /Produksi
Operation Status Already in operation/production Operation Status Already in operation/production
PT PERTAMINA HULU ENERGI SALAWATI BASIN PT PERTAMINA HULU ENERGI RAJA SIMENGGARIS
Alamat : PHE Tower Lantai 25 Jalan TB. Simatupang Alamat : PHE Tower Lantai 25 Jalan TB. Simatupang
Address Kav. 99 Jakarta Selatan Address Kav. 99 Jakarta Selatan
PHE Tower 25th Floor, Jalan TB Simatupang PHE Tower 25th Floor, Jalan TB Simatupang
Kav. 99 South Jakarta Kav. 99 South Jakarta
Kegiatan Usaha : Usaha Hulu Migas Kegiatan Usaha : Usaha Hulu Migas
Line of Business Upstream Oil and Gas Business Line of Business Upstream Oil and Gas Business
Kepemilikan Saham : PT Pertamina Geothermal Energy Tbk: 1% Kepemilikan Saham : PT Pertamina Geothermal Energy Tbk: 1%
Share Ownership PT Pertamina Hulu Energi: 99% Share Ownership PT Pertamina Hulu Energi: 99%
Tahun Pendirian : 2007 Tahun Pendirian : 2007
Establishment Year Establishment Year
Dasar Hukum : Akta Pendirian No. 22 tanggal 18 Desember Dasar Hukum : Akta Pendirian No. 10 tanggal 18 Desember
Pendirian 2007 Pendirian 2007
Legal Basis of Deed of Establishment No. 22 dated 18 Legal Basis of Deed of Establishment No. 10 dated 18
Establishment December 2007 Establishment December 2007
Status Operasional : Sudah Beroperasi /Produksi Status Operasional : Pengembangan
Operation Status Already in operation/production Operation Status Development
PT PERTAMINA HULU ENERGI RAJA TEMPIRAI PT PERTAMINA HULU ENERGI SALAWATI
Alamat : PHE Tower Lantai 25 Jalan TB. Simatupang Alamat : PHE Tower Lantai 25 Jalan TB. Simatupang
Address Kav. 99 Jakarta Selatan Address Kav. 99 Jakarta Selatan
PHE Tower 25th Floor, Jalan TB Simatupang PHE Tower 25th Floor, Jalan TB Simatupang
Kav. 99 South Jakarta Kav. 99 South Jakarta
Kegiatan Usaha : Usaha Hulu Migas
Line of Business Upstream Oil and Gas Business Kegiatan Usaha : Usaha Hulu Migas
Line of Business Upstream Oil and Gas Business
Kepemilikan Saham : PT Pertamina Geothermal Energy Tbk: 1%
Share Ownership PT Pertamina Hulu Energi: 99% Kepemilikan Saham : PT Pertamina Geothermal Energy Tbk: 1%
Share Ownership PT Pertamina Hulu Energi: 99%
Tahun Pendirian : 2007
Establishment Year Tahun Pendirian : 2007
Establishment Year
Dasar Hukum : Akta Pendirian No. 12 tanggal 18 Desember
Pendirian 2007 Dasar Hukum : Akta Pendirian No. 11 tanggal 18 Desember
Legal Basis of Deed of Establishment No.12 dated 18 Pendirian 2007
Establishment December 2007 Legal Basis of Deed of Establishment No. 11 dated 18
Establishment December 2007
Status Operasional : Sudah Beroperasi /Produksi
Operation Status Already in operation/production Status Operasional : Sudah Beroperasi /Produksi
Operation Status Already in operation/production
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PT PERTAMINA HULU ENERGI TOMORI SULAWESI PT PERTAMINA HULU ENERGI WEST MADURA OFFSHORE
Alamat : PHE Tower Lantai 25 Jalan TB. Simatupang Alamat : PHE Tower Lantai 25 Jalan TB. Simatupang
Address Kav. 99 Jakarta Selatan Address Kav. 99 Jakarta Selatan
PHE Tower 25th Floor, Jalan TB Simatupang PHE Tower 25th Floor, Jalan TB Simatupang
Kav. 99 South Jakarta Kav. 99 South Jakarta
Kegiatan Usaha : Usaha Hulu Migas Kegiatan Usaha : Usaha Hulu Migas
Line of Business Upstream Oil and Gas Business Line of Business Upstream Oil and Gas Business
Kepemilikan Saham : PT Pertamina Geothermal Energy Tbk: 1% Kepemilikan Saham : PT Pertamina Geothermal Energy Tbk: 1%
Share Ownership PT Pertamina Hulu Energi: 99% Share Ownership PT Pertamina Hulu Energi: 99%
Tahun Pendirian : 2007 Tahun Pendirian : 2007
Establishment Year Establishment Year
Dasar Hukum : Akta Pendirian No. 8 tanggal 18 Desember Dasar Hukum : Akta Pendirian No. 18 tanggal 18 Desember
Pendirian 2007 Pendirian 2007
Legal Basis of Deed of Establishment No.8 dated 18 Legal Basis of Deed of Establishment No. 18 dated 18
Establishment December 2007 Establishment December 2007
Status Operasional : Sudah Beroperasi /Produksi Status Operasional : Sudah Beroperasi /Produksi
Operation Status Already in operation/production Operation Status Already in operation/production
PT PERTAMINA HULU ENERGI TENGAH K PT PERTAMINA HULU ENERGI TUBAN EAST JAVA
Alamat : PHE Tower Lantai 25 Jalan TB. Simatupang Alamat : PHE Tower Lantai 25 Jalan TB. Simatupang
Address Kav. 99 Jakarta Selatan Address Kav. 99 Jakarta Selatan
PHE Tower 25th Floor, Jalan TB Simatupang PHE Tower 25th Floor, Jalan TB Simatupang
Kav. 99 South Jakarta Kav. 99 South Jakarta
Kegiatan Usaha : Usaha Hulu Migas Kegiatan Usaha : Usaha Hulu Migas
Line of Business Upstream Oil and Gas Business Line of Business Upstream Oil and Gas Business
Kepemilikan Saham : PT Pertamina Geothermal Energy Tbk: 1% Kepemilikan Saham : PT Pertamina Geothermal Energy Tbk: 1%
Share Ownership PT Pertamina Hulu Energi: 99% Share Ownership PT Pertamina Hulu Energi: 99%
Tahun Pendirian : 2007 Tahun Pendirian : 2007
Establishment Year Establishment Year
Dasar Hukum : Akta Pendirian No. 19 tanggal 18 Desember Dasar Hukum : Akta Pendirian No. 15 tanggal 18 Desember
Pendirian 2007 Pendirian 2007
Legal Basis of Deed of Establishment No. 19 dated 18 Legal Basis of Deed of Establishment No. 15 dated 18
Establishment December 2007 Establishment December 2007
Status Operasional : Non-Aktif Status Operasional : Sudah Beroperasi /Produksi
Operation Status Non-Active Operation Status Already in operation/production
PT PERTAMINA HULU ENERGI SAKAKEMANG PT PERTAMINA HULU ENERGI AMBALAT TIMURI
Alamat : PHE Tower Lantai 25 Jalan TB. Simatupang Alamat : PHE Tower Lantai 25 Jalan TB. Simatupang
Address Kav. 99 Jakarta Selatan Address Kav. 99 Jakarta Selatan
PHE Tower 25th Floor, Jalan TB Simatupang PHE Tower 25th Floor, Jalan TB Simatupang
Kav. 99 South Jakarta Kav. 99 South Jakarta
Kegiatan Usaha : Usaha Hulu Migas Kegiatan Usaha : Usaha Hulu Migas
Line of Business Upstream Oil and Gas Business Line of Business Upstream Oil and Gas Business
Kepemilikan Saham : PT Pertamina Geothermal Energy Tbk: 1% Kepemilikan Saham : PT Pertamina Geothermal Energy Tbk: 1%
Share Ownership PT Pertamina Hulu Energi: 99% Share Ownership PT Pertamina Hulu Energi: 99%
Tahun Pendirian : 2015 Tahun Pendirian : 2016
Establishment Year Establishment Year
Dasar Hukum : Akta Pendirian No. 22 tanggal 19 Mei 2015 Dasar Hukum : Akta Pendirian No. 3 tanggal 9 Mei 2016
Pendirian Deed of Establishment No. 22 dated 19 May Pendirian Deed of Establishment No. 3 dated 9 May
Legal Basis of 2015 Legal Basis of 2016
Establishment Establishment
Status Operasional : Eksplorasi Status Operasional : Eksplorasi
Operation Status Exploration Operation Status Exploration
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Company profile
PT PERTAMINA HULU ENERGI ENERGI KAMPAR PT PERTAMINA HULU ENERGI COASTAL PLAINS
PEKANBARU
Alamat : PHE Tower Lantai 25 Jalan TB. Simatupang
Address Kav. 99 Jakarta Selatan Alamat : PHE Tower Lantai 25 Jalan TB. Simatupang
PHE Tower 25th Floor, Jalan TB Simatupang Address Kav. 99 Jakarta Selatan
Kav. 99 South Jakarta PHE Tower 25th Floor, Jalan TB Simatupang
Kav. 99 South Jakarta
Kegiatan Usaha : Usaha Hulu Migas
Line of Business Upstream Oil and Gas Business Kegiatan Usaha : Usaha Hulu Migas
Line of Business Upstream Oil and Gas Business
Kepemilikan Saham : PT Pertamina Geothermal Energy Tbk: 1%
Share Ownership PT Pertamina Hulu Energi: 99% Kepemilikan Saham : PT Pertamina Geothermal Energy Tbk: 1%
Share Ownership PT Pertamina Hulu Energi: 99%
Tahun Pendirian : 2015
Establishment Year Tahun Pendirian : 2007
Establishment Year
Dasar Hukum : Akta Pendirian No. 23 tanggal 19 Mei
Pendirian 2015 Dasar Hukum : Akta Pendirian No. 51 Tanggal 30 Mei 2008
Legal Basis of Deed of Establishment No. 23 dated 19 Pendirian Deed of Establishment No. 51 dated 30 May
Establishment May 2015 Legal Basis of 2008
Establishment
Status Operasional : Sudah Beroperasi /Produksi
Operation Status Already in operation/production Status Operasional : Sudah Beroperasi /Produksi
Operation Status Already in operation/production
PT PERTAMINA HULU ENERGI SOUTH JAMBI B
Alamat : PHE Tower Lantai 25 Jalan TB. Simatupang
Address Kav. 99 Jakarta Selatan
PHE Tower 25th Floor, Jalan TB Simatupang
Kav. 99 South Jakarta
Kegiatan Usaha : Usaha Hulu Migas
Line of Business Upstream Oil and Gas Business
Kepemilikan Saham : PT Pertamina Geothermal Energy Tbk: 1%
Share Ownership PT Pertamina Hulu Energi: 99%
Tahun Pendirian : 2007
Establishment Year
Dasar Hukum : Akta Pendirian No. 16 Tanggal 18 Desember
Pendirian 2007
Legal Basis of Deed of Establishment No. 16 dated 18
Establishment December 2007
Status Operasional : Non - Aktif
Operation Status Non Active
Anak PGE pada Anak Usaha PT Pertamina Hulu Energi (Terdiri dari 21 Anak Perusahaan)
Subsidiaries of PGE within the Subsidiaries of PT Pertamina Hulu Energi (Comprising 21 Subsidiary Companies)
1 PT Pertamina Hulu Energi NSO; 12 PT Pertamina Hulu Energi South Jambi B;
2 PT Pertamina Hulu Energi Kampar; 13 PT Pertamina Hulu Energi Ambalat Timur
3 PT Pertamina Hulu Energi Coastal Plains Pekanbaru; 14 PT Pertamina Hulu Energi Simenggaris;
4 PT Pertamina Hulu Energi Jambi Merang; 15 PT Pertamina Hulu Energi Tengah K;
5 PT Pertamina Hulu Energi Ogan Komering; 16 PT Pertamina Hulu Energi Salawati;
6 PT Pertamina Hulu Energi Kakap; 17 PT Pertamina Hulu Energi Tuban East Java,
7 PT Pertamina Hulu Energi Raja Tempirai; 18 PT Pertamina Hulu Energi West Madura Offshore:
8 PT Pertamina Hulu Energi Jabung: 19 PT Pertamina Hulu Energi Makassar Strait;
9 PT Pertamina Hulu Energi Corridor; 20 PT Pertamina Hulu Energi Salawati Basin
10 PT Pertamina Hulu Energi Gebang N Sumatra; 21 PT Pertamina Hulu Energi Tomori Sulawesi
11 PT Pertamina Hulu Energi MNK Sakakemang:
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Company profile
alamat kantor area, entitas anak,
dan entitas asosiasi
address of area office, subsidiaries, and associates
Alamat Kantor Area
Address of Area Office
Area Kamojang Area Ulubelu Area Lahendong
Jl. Raya Kamojang Kab. Bandung Jl. Raya Ulubelu Pekon Muara Dua, Jl. Raya Tomohon No. 420 Tomohon,
PO BOX 120 Garut, Jawa Barat, Ulubelu, Tanggamus, Lampung, 35373 Sulawesi Utara 95362
44151 T: (0729) 228 81/228 82 T: (0431) 351 378
T: (022) 780 6882/780 6883 F: (0729) 228 83 F: (0431) 351 175
F: (022) 780 6379
Area Karaha Area Sibayak Area Lumut Balai
Jl. Karaha Kp. Ciselang, Ds. Kadipaten Ds. Semangat Gunung Kec. Merdeka, Ds. Penindaian Kec. Semende Darat Laut,
Kec. Kadipaten, Kab. Tasikmalaya Kab. Karo, Sumatera Utara, 22158 Kab. Muara Enim Sumatera Selatan, 31356
Jawa Barat, 46157 T: (0628) 352 0873
T: (0265) 3983 3222 F: (0628) 352 2025
F: (0265) 3983 3230
Entitas Anak
Subsidiaries
PT Pertamina Geothermal PT Geothermal Energi
Energy Kotamobagu Seulawah
Kantor Pusat Head Office Kantor Pusat Head Office
Grha Pertamina - Tower Pertamax Lt. 9, Jl. Medan Merdeka Grha Pertamina - Tower Pertamax Lt. 9, Jl. Medan Merdeka
Timur No. 11- 13, Gambir, Jakarta Pusat – 10110, Indonesia Timur No. 11- 13, Gambir, Jakarta Pusat – 10110, Indonesia
Telp: 021 39833222 Telp: 021 39833222
PT Cahaya Anagata Energy
Kantor Pusat Head Office
Grha Pertamina - Tower Pertamax Lt. 9, Jl. Medan Merdeka
Timur No. 11- 13, Gambir, Jakarta Pusat – 10110, Indonesia
Telp: 021 39833222
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nama dan alamat lembaga dan/atau
profesi penunjang pasar modal
name and address of capital market supporting
institutions and/or professions
Akuntan Publik dan Kantor Akuntan Public Accountant and Public
Publik (KAP) Accounting Firm
Perseroan menggunakan jasa akuntan publik dan The Company uses the services of a public accountant
Kantor Akuntan Publik (KAP) untuk pelaksanaan audit and pu li a ounting firm (K P to arry out an audit
Laporan Keuangan Perseroan Tahun Buku 2023. of the Company’s Financial Statements for the 2023
Sesuai keputusan Rapat Umum Pemegang Saham Fiscal Year. In accordance with the resolutions of the
Tahunan (RUPST) Tahun Buku 2023 tertanggal 5 Juni Annual General Meeting of Shareholders (AGMS) for
2023 Perseroan telah menunjuk KAP Purwantono, the 2023 Fiscal Year dated 5 June 2023 the Company
Sungkoro & Surja (EY) sebagai pihak independen has appointed KAP Purwantono, Sungkoro, & Surja (EY)
pelaksana audit. Penunjukan KAP sebagai pelaksana as an independent auditor. The appointment of KAP
audit Laporan Keuangan Perseroan Tahun Buku 2023, as auditor of the Company’s Financial Statements
dilaksanakan untuk memenuhi ketentuan Keputusan for the 2023 Fiscal Year was made to comply with
Menteri Keuangan No.423/KMK.06/2002 Tahun 2002 the provisions of Decree of the Minister of Finance
tentang Praktik Akuntan Publik, serta Peraturan Otoritas No.423/KMK.06 of 2002 on Public Accountant Practices
Jasa Keuangan No. 9 Tahun 2023 dengan penyesuaian and Regulation of the Financial Services Authority
pada Perseroan sebagai bukan perusahaan terbuka. No. 9 of 2023, with adjustments made to the Company
as a non-public company.
PURWANTONO, SUNGKORO, & SURJA
Alamat: Indonesia Stock Exchange Building, Tower 2, 7th Floor, JI. Jend. Sudirman Kav. 52 -
Address: 53, Jakarta 12190, Indonesia
Nama Akuntan:
Irwan Haswir
Accountant’s Name:
Izin Akuntan:
AP.1726
Accountant’s Licence:
Jasa yang diberikan: Audit Laporan Keuangan Tahun Buku 2023
Services Provided: Audit of Financial Statements for the 2023 Fiscal Year
Periode Penugasan: 2023
Assignment Period:
Opini: Wajar dalam semua hal yang material
Opinion: Unqualified Opinion
Biaya:
Rp1.743.000.000
Fee:
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Company profile
Jasa Lain yang Diberikan Other Services Provided
Pada tahun 2023, selain audit laporan keuangan n the year 202 , in addition to the annual finan ial
tahunan, Kantor Akuntan Publik Purwantono, Sungkoro & statement audit, the Public Accounting Firm Purwantono,
Surja (EY) juga memberikan beberapa jasa audit lainnya Sungkoro & Surja (EY) also provided several other audit
dalam rangka persiapan Penawaran Umum Saham services in preparation for the Company’s Initial Public
Perdana atau Initial Public Offering (IPO) Perseroan Offering (IPO) on the Indonesia Stock Exchange and the
di Bursa Efek Indonesia dan penerbitan surat utang issuance of green bond. The total fee paid by the Company
berwawasan lingkungan (green bond). Total biaya yang for these services amounted to Rp7,500,000,000.
dibayarkan Perseroan untuk jasa-jasa tersebut adalah
sebesar Rp7.500.000.000.
Penggunaan Jasa Akuntan Publik 2021-2023
Chronology of Use of Public Accountant Services For 2021-2023
Kantor Jasa yang
Tahun Akuntan Biaya (Rp)
Akuntan Alamat DIberikan Opini Audit
Buku Accountant’s Fee (Rp)
Publik Address Services Opini Audit
Fiscal Year Name
Fiscal Year Provided
2023 Purwantono, Indonesia Stock Irwan Haswir Audit Laporan Wajar dalam 1.743.000.000
Sungkoro, dan Exchange Building, Izin No. AP. 1726 Keuangan Tahunan semua hal yang
Surja (EY) Tower 2, 7th Floor, Perseroan untuk tahun material
Jl.Jend. Sudirman buku yang berakhir
Kav. 52-53, Jakarta Permit No. AP. 31 Unqualified
12190, Indonesia 1726 Desember 2023 Opinion
T: (021) 5289 5000
F: (021) 5289 4100 The audit of the
www.ey.com Company’s Annual
Financial
Statements for the
fiscal year ending on
31 December 2023.
2022 Purwantono, Indonesia Stock Irwan Haswir Audit Laporan Wajar dalam 1.425.000.000
Sungkoro, dan Exchange Building, Izin No. AP. 1726 Keuangan Tahunan semua hal yang
Surja (EY) Tower 2, 7th Floor, Perseroan untuk tahun material
Jl.Jend. Sudirman buku yang berakhir
Kav. 52-53, Jakarta Permit No. AP. 31 Unqualified
12190, Indonesia 1726 Desember 2022. Opinion
T: (021) 5289 5000
F: (021) 5289 4100 The audit of the
www.ey.com Company’s Annual
Financial
Statements for the
fiscal year ending on
31 December 2022.
2021 Purwantono, Indonesia Stock Irwan Haswir Audit Laporan Wajar Tanpa 842.597.000
Sungkoro, dan Exchange Building, Izin No. AP. 1726 Keuangan Tahunan Pengecualian
Surja (EY) Tower 2, 7th Floor, Perseroan untuk tahun
Jl.Jend. Sudirman buku yang berakhir Unqualified
Kav. 52-53, Jakarta Permit No. AP. 31 Opinion
12190, Indonesia 1726 Desember 2021.
T: (021) 5289 5000
F: (021) 5289 4100 The audit of the
www.ey.com Company’s Annual
Financial
Statements for the
fiscal year ending on
31 December 2021.
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Konsultan Hukum
Legal Consultant
SS&R LEGAL CONSULTANTS
Alamat: Menara Kuningan, 1st Floor, Unit C-1 Jl. HR Rasuna Said, Kav-5 Blok X-7, Jakarta 12940
Address: T: 021 2986 5151
Jasa Konsultan Hukum Eksternal dalam Permohonan Pendaftaran Merek (Kata dan Logo)
Jasa yang diberikan: Perseroan
Services Provided: External Legal Consultant Services in Applications for Trademark (Words and Logos) of
the Company
Biaya:
Rp597.749.536
Fee:
Periode Penugasan:
2020-2023
Assignment Period:
GINTING & REKSODIPUTRO LAW FIRM
Alamat: The Energy Building, 15th Floor Sudirman Central Business District Jl. Jend. Sudirman Kav
Address: 52-53, RT.5/RW.3, Senayan, Kebayoran Baru, Jakarta, 12190
Jasa Konsultan Hukum sebagai retained lawyer untuk menunjang proses bisnis
Jasa yang diberikan: PT Pertamina Geothermal Energy Tbk
Services Provided: Legal Consultant Services as a retained lawyer to support the business processes of
PT Pertamina Geothermal Energy Tbk.
Biaya:
Rp450.000.000
Fee:
Periode Penugasan:
2022-2024
Assignment Period:
HAKIM DAN REKAN LAW FIRM
Alamat: Menara Kuningan, Level 30, Unit BC Jl. HR Rasuna Said Kav. 5, Karet, Kuningan, Jakarta
Address: 12940
Jasa Konsultan Hukum sebagai retained lawyer untuk menunjang proses bisnis
Jasa yang diberikan: PT Pertamina Geothermal Energy Tbk
Services Provided: Legal Consultant Services as a retained lawyer to support the business processes of
PT Pertamina Geothermal Energy Tbk.
Biaya:
Rp85.000.000
Fee:
Periode Penugasan:
2022-2023
Assignment Period:
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Biro Administrasi Efek
Stock Administration Bureau
PT Datindo Entrycom
Alamat:
Jl. Hayam Wuruk No.28, Lantai 2 Jakarta 10120
Address:
Jasa yang diberikan: Pengelolaan administrasi saham pada Pasar Perdana dan Pasar Sekunder
Services Provided: Management of share administration in the Primary and Secondary Markets
1. Biaya IPO = Rp120.000.000.
2. Biaya Penyusunan Program MSOP, ESA dan penyusunan sistem administrasinya
(bilamana ada) = Rp25.000.000
Biaya:
Fee:
1. IPO costs = Rp120,000,000.
2. Costs for preparation of the MSOP, ESA Program and preparation of the
administration system (if any) = Rp25,000,000
Periode Penugasan: 2023 - terjadi pengakhiran perjanjian
Assignment Period: 2023 - Termination of the agreement occurred
Bursa Efek Indonesia
Indonesia Stock Exchange
PT Datindo Entrycom
Gedung Bursa Efek Indonesia, Tower 1, Lantai 6 Jl. Jend. Sudirman Kav. 34-35 Jakarta
Alamat: Selatan 12190, Indonesia
Address: Telp.: 0800-100-9000
Web: callcenter@idx.co.id
Menyelenggarakan dan menyediakan sistem dan atau sarana untuk mempertemukan
penawaran jual permintaan beli efek pihak-pihak lain dengan tujuan memperdagangkan
Jasa yang diberikan:
efek.
Services Provided:
Organizing and providing a system and/or facilities to match sell and buy offers of securities
from other parties with the aim of trading securities.
Biaya:
Rp250.000.000
Fee:
Kustodian Sentral Efek Indonesia
Indonesia Stock Central Custody
PT Kustodian Sentral Sentral Efek Indonesia (KSEI)
Gedung Bursa Efek Indonesia, Tower 1, Lantai 6 Jl. Jend. Sudirman Kav. 34-35 Jakarta
Alamat: Selatan 12190, Indonesia
Address: Telp.: 0800-100-9000
Web: callcenter@idx.co.id
Menyelenggarakan dan menyediakan sistem dan atau sarana untuk mempertemukan
penawaran jual permintaan beli efek pihak-pihak lain dengan tujuan memperdagangkan
Jasa yang diberikan:
efek.
Services Provided:
Organizing and providing a system and/or facilities to match sell and buy offers of
securities from other parties with the aim of trading securities.
Biaya:
Rp10.000.000
Fee:
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Company profile
Lembaga Pemeringkat Efek
Credit Rating Agencies
Moody’s Investors Services Singapore Pte. Ltd. Sdf
Alamat: 0 a es Pla e 2 06 ingapore Land ower ingapore 0 862
Address: Telp.: +65 6398 8300
Jasa yang diberikan: Melakukan pemantauan credit rating Perusahaan.
Services Provided: Monitoring the Company’s credit rating.
Biaya:
USD85,000
Fee:
Periode Penugasan: 31 Januari 2022
Assignment Period: January 31, 2022
Fitch Ratings Ltd
30 North Colonnade, Canary Wharf, London E14 5GN
Alamat:
Telp.: +44 20 3530 1000
Address:
Fax: +44 20 3530 1000
Melakukan pemeringkatan perusahaan atas publik maupun privat securities
Jasa yang diberikan:
yang diterbitkan.
Services Provided:
Conducting ratings for the company on both public and private securities issued.
Biaya:
USD100,000
Fee:
Periode Penugasan: 17 Februari 2022
Assignment Period: February 17, 2022
keanggotaan asosiasi
association membership
Asosiasi Posisi dalam Asosiasi Tahun Bergabung
Association Position in the Association Year of Membership
Presiden irektur P Bapak Julfi
Hadi adalah Ketua Umum Asosiasi
Panas Bumi Indonesia periode
Asosiasi Panas Bumi Indonesia
2023-2026
Indonesia Geothermal Association 1995
President Director of PGE, Mr. Julfi
Hadi, is the Chairperson of the
Indonesia Geothermal Association
for the period of 2023-2026
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informasi pada situs web perseroan
information on company’s website
Sesuai dengan ketentuan Otoritas Jasa Keuangan In accordance with the Financial Services Authority (OJK)
(OJK) Nomor 8/POJK.04/2015 mengenai Situs Web Regulation No. 8/POJK.04/2015 on the Websites of
Emiten atau Perusahaan Publik, PGE telah memiliki situs Issuers or Public Companies, PGE has its own website
web www.pge.pertamina.com yang memuat informasi www.pge.pertamina.com that contains the latest
terkini Perseroan yang dapat diakses oleh publik. information about the Company and is open to the public.
Informasi dalam situs web PGE meliputi informasi Information on the PGE website includes general company
umum Perseroan, informasi bagi pemodal atau investor, information, information for shareholders or investors,
informasi tata kelola perusahaan dan informasi terkait information on corporate governance, and information
tanggung jawab sosial Perseroan. Situs web PGE yang related to the Company’s social responsibility. The PGE
dapat diakses dalam Bahasa Indonesia dan Bahasa website, accessible in both Indonesian and English,
Inggris ini dirancang untuk meningkatkan praktik tata is designed to enhance good corporate governance
kelola perusahaan yang baik, terutama dalam hal practices, particularly in terms of transparency to
transparansi kepada pemegang saham dan pemangku shareholders and stakeholders of PGE.
kepentingan PGE.
Situs web PGE memuat data sebagai berikut: The PGE website contains the following data:
Energi Hijau Kami
Our Green Energy
Perjalanan PGE Manajemen
PGE s Journey Management
Visi Misi Struktur Group Perusahaan
Vision and Mission Corporate Group Structure
Tata Nilai Penghargaan & Sertifikasi
Core Values Awards ertifications
Informasi Umum Bisnis Kami
Public Information Our Business
Skema Pemanfaatan Panas Bumi Eksplorasi
Geothermal Utilization Scheme Exploration
Operasi Sendiri Struktur Group Perusahaan
In-House Operations Corporate Group Structure
Proyek Pengembangan Kontrak Operasi Bersama
Development Projects Joint Operation ontracts
Informasi Investor
Investor Information
Ikhtisar Keuangan Keterbukaan Informasi
Financial Highlights Information Disclosure
Kepemilikan Saham RUPS
Investor
Share Ownership General Meeting of Shareholders
Investor
Prospektus Green Document
Prospectus Green Document
Laporan Informasi Saham
Reports Share Information
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Profil Perusahaan
Company profile
Informasi Tata Kelola Keberlanjutan
Perusahaan Sustainability
Corporate Governance
Information
Etika Perusahaan
Corporate Ethics
Tata Kelola
PGE s Journey
Keamanan Digital
Digital Security
Informasi Tanggung Keberlanjutan
Jawab Sosial Sustainability
Perusahaan
Corporate Social
Responsibility
Information
Strategi Kebijakan ESG Perubahan Iklim Lingkungan Sosial Kesehatan dan
Strategy ESG Policy Climate Change Climate Change Social Keselamatan Kerja
Occupational
Health and Safety
Mengurangi Jejak Lingkungan Kehati Area Karaha Perekrutan, Pengembangan, dan Penerapan Sistem Manajemen
Addressing Climate Change Conservation of the Karaha Area etensi Karyawan K3 secara Menyeluruh
Mengatasi Perubahan Iklim Kehati Area Kamojang Recruitment, Development, and Comprehensive Implementation
Reducing Environmental Footprint Conservation of the Kamojang Manpowers etention of Occupational Health and
Area Pemberdayaan Masyarakat Safety Management System
Kehati Area Ulubelu ommunity Empowerment Contractor Safety Management
Conservation of the Ulubelu Area Inovasi dan Penelitian System
Kehati Area Lahedong Innovation and Research Contractor Safety Management
Conservation of the Lahedong System
Area Pencegahan Insiden Skala Besar
Prevention of Large-Scale
Incidents
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Analisa Dan Pembahasan Manajemen Managementdiscussion And Analysis 182 elevate Laporan Tahunan 2023 Annual Report
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Analisa Dan Pembahasan Manajemen
Managementdiscussion And Analysis
analisa dan
pembahasan
manajemen
management
discussion and
analysis
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Analisa Dan Pembahasan Manajemen
Managementdiscussion And Analysis
tinjauan ekonomi dan industri
economic and industry overview
Tinjauan Ekonomi Economic Overview
Sepanjang tahun 2023 perekonomian global Throughout 2023, the global economy endured various
menghadapi berbagai tantangan, mulai dari peningkatan challenges, ranging from escalating geopolitical
tensi geopolitik yang memengaruhi tingkat permintaan tensions that affected global supply and demand to
dan penawaran dunia, hingga dinamika negara maju the dynamics of developed countries that resulted in a
yang berdampak kepada perlambatan ekonomi global. global economic slowdown.
Amerika Serikat masih berkutat dengan inflasi yang The United States has still been grappling with
di atas target hingga suku bunga tinggi yang memicu above-target inflation and high interest rates that have
perlambatan ekonomi negara adidaya tersebut. triggered a slowdown in the superpower’s economy.
Demikian pula Republik Rakyat Tiongkok (RRT) yang Similarly, the People’s Republic of China (PRC) is still
masih berjuang mengembalikan kekuatan ekonominya struggling to rebuild its economic strength after the
pasca pandemi COVID-19. COVID-19 pandemic.
Bank Dunia menargetkan pertumbuhan ekonomi global The World Bank has set a target of global economic
di level 2,1% (2022: 3,3%) dipicu oleh kondisi geopolitik growth at 2.1% (2022: 3.3%) triggered by uncertain
yang tidak menentu, inflasi tinggi, serta kenaikan suku geopolitical situations, high inflation, and rising interest
bunga di banyak negara. Sementara Dana Moneter rates in many countries. Meanwhile, the International
Internasional atau International Monetary Fund (IMF) Monetary Fund (IMF) has a more optimistic target of 3%.
menaruh target yang lebih optimis di angka 3%.
Di tengah perlambatan ekonomi global, Indonesia Amidst global economic slowdown, Indonesia was among
termasuk dalam negara yang membukukan kinerja the countries that posted the highest economic growth
pertumbuhan ekonomi tertinggi di lingkungan ASEAN performance within ASEAN and the G20, according to
dan G20, menurut catatan Kementerian Keuangan. the Ministry of Finance. Indonesia’s economy remained
Perekonomian Indonesia tetap tangguh dengan resilient with growth of 5.05%, slightly slower than the
pertumbuhan sebesar 5,05%, sedikit melambat previous year’s 5.31%.
dibandingkan tahun sebelumnya 5,31%.
Pertumbuhan ekonomi domestik masih menunjukkan Domestic economic growth still shows significant
ketahanan yang signifikan dalam hal konsumsi rumah resilience in terms of household consumption, investment,
tangga, investasi, dan ekspor. Berdasarkan data Badan and exports. Data from Statistics Indonesia (BPS)
Pusat Statistik (BPS), konsumsi rumah tangga yang revealed that household consumption, which accounts
menjadi penyumbang 53% Produk Domestik Bruto (PDB) for 53% of Indonesia's Gross Domestic Product (GDP),
Indonesia, tumbuh 4,82% di tahun 2023, didorong oleh grew by 4.82% in 2023, driven by an increase in the
kenaikan upah minimum dan bantuan sosial pemerintah. minimum wage and government social assistance.
.
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Analisa Dan Pembahasan Manajemen
Managementdiscussion And Analysis
Sementara tingkat inflasi tahun 2023 ditutup di angka Meanwhile, the inflation rate in 2023 closed at
2,61% (year-on-year), jauh lebih rendah dibandingkan 2.61%(year-on-year), much lower than inflation in
inflasi tahun 2022 yang sebesar 5,51%. Menurut BPS, 2022 which was 5.51%. According to BPS, inflation in
inflasi tahun 2023 merupakan inflasi yang terendah dalam 2023 was the lowest in the last 20 years (excluding the
20 tahun terakhir (tanpa memasukkan periode pandemi pandemic period in 2021), driven by a decrease in core
di 2021), didorong oleh penurunan inflasi inti. Selain itu, inflation. In addition, the controlled inflation was also
inflasi yang terkendali juga didorong oleh upaya yang driven by coordinated and structured efforts between the
terkoordinasi dan terstruktur antara pemerintah dan Bank Government and central bank Bank Indonesia to maintain
Indonesia untuk menjaga laju inflasi. the inflation rate.
Tinjauan Industri Industry Overview
Perekonomian domestik yang positif turut mendorong On a positive note, the domestic economy has fuelled
kebutuhan energi nasional, didorong oleh tingkat national energy demand, fuelled by higher levels of
mobilitas masyarakat dan industri yang semakin tinggi. mobility in society and industry. However, the majority of
Namun, sumber energi nasional mayoritas masih berasal national energy sources still come from fossil fuels, namely
dari energi fosil yaitu minyak bumi dan batu bara. petroleum and coal.
Pemanfaatan Energi Baru Terbarukan (EBT) di dalam The utilization of new and renewable energy (NRE) in the
bauran energi nasional seperti untuk pembangkit listrik national energy mix, such as for power generation, is still
hingga saat ini masih belum optimal, karena harganya not optimal due to its price, which is not yet competitive with
yang belum bersaing dengan energi fosil, mengingat fossil fuels, given that Indonesia has not yet implemented
Indonesia belum menerapkan pajak karbon atau pajak a carbon tax or tax imposed on the burning of fossil fuels.
yang dikenakan terhadap pembakaran bahan bakar In addition, the technology and supply chain of NRE have
fosil. Selain itu, teknologi dan supply chain EBT juga not yet developed in Indonesia.
belum berkembang di Indonesia.
Meski demikian, selama beberapa tahun terakhir However, over the last few years the Government has
pemerintah terus melakukan pengembangan EBT skala continued to develop large-scale NRE to reduce the
besar untuk menekan biaya pembangkit listrik EBT agar cost of generating NRE electricity so that it can be more
dapat lebih kompetitif. Menurut catatan Kementerian competitive. According to records from the Ministry of
Energi dan Sumber Daya Mineral (ESDM), realisasi Energy and Mineral Resources (MEMR), the realization
bauran EBT pembangkit listrik hingga akhir tahun 2023 of the NRE mix for electricity generation until the end of
adalah sebesar 13,1%, dengan target bauran mencapai 2023 is 13.1%, with a mix target of reaching 17-19% in
17-19% di 2025. 2025.
Berdasarkan data Kementerian ESDM, total kebutuhan Data from the Ministry of EMR revealed that Indonesia’s
listrik Indonesia di tahun 2021 adalah sebesar 257 total electricity demand in 2021 is 257 terawatts per hour
terawatt per hour (TWh). Sementara, potensi pasokan (TWh). Meanwhile, the potential for geothermal supply
geotermal di Indonesia mencapai 23 gigawatt (GW), in Indonesia reaches 23 gigawatts (GW), with the largest
dengan wilayah sumber daya terbesar di pulau Jawa resource areas on the islands of Java and Sumatra.
dan Sumatera.
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Dengan potensi sumber daya yang begitu besar, With such huge resource potential, geothermal is
geotermal menjadi salah satu energi hijau andalan untuk becoming one of the mainstays of green energy for
bauran EBT pembangkit listrik di dalam negeri, dan the NRE mix of power generation in the country, and
tentunya membuka peluang pertumbuhan yang besar certainly opens up great growth opportunities for PGE
bagi PGE di masa depan. in the future.
0,55%
0,30% 4,91%
6,36%
28,68%
7,81%
9,69%
16,09% 11,52%
14,08%
PT Pertamina Geothermal Energy Tbk
Star Energy Geothermal Salak, Ltd. 377
Sarulla Operations, Ltd. 330
Star Energy Geothermal Darajat II Ltd. 270
227
Star Energy Geothermal (Wayang Windu), Ltd
183
PT Supreme Energy
149
PT SMGP
115
PT Geo Dipa Energy
13
PT PLN
7
PT SKI
Posisi Perseroan Dalam Industri The Company’s Position in the National
Geotermal Nasional Geothermal Industry
Dilewati cincin api pasifik atau ring of fire, Indonesia Situated in the Pacific Ring of Fire, Indonesia is second
memiliki cadangan panas bumi terbesar ke-2 di dunia only to the US in the largest geothermal reserves in the
setelah Amerika Serikat, dengan potensi sumber daya world, with potential resources estimated at 23,060 MW
yang ditaksir mencapai 23.060 MW di seluruh Indonesia, across Indonesia, from Sumatra to Papua.
dari Sumatera hingga Papua.
Menurut data Kementerian Energi dan Sumber Daya According to data from the Ministry of Energy and
Mineral (ESDM) yang diterbitkan dalam Handbook of Mineral Resources (MEMR) published in the Handbook
Energy & Economic Statistic of Indonesia 2022, dari total of Energy & Economic Statistics of Indonesia 2022, out of
potensi tersebut, 13.842 MW di antaranya teridentifikasi the total potential, 13,842 MW of which are identified
sebagai cadangan (mungkin, terduga, terbukti) yang as reserves (probable, suspected, proven) with potential
potensial untuk dikembangkan, sedangkan 9.219 MW for development, while 9,219 MW are speculative and
sebagai sumber daya spekulatif dan hipotesis. hypothetical resources.
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Pemanfaatan energi geotermal di Indonesia saat ini baru The utilization of geothermal energy in Indonesia
mencapai 2.417,73 MW melalui 18 Pembangkit Listrik currently only reaches 2,417.73 MW through 18
Tenaga Panas Bumi (PLTP) di seluruh Indonesia, di mana Geothermal Power Plants (PLTP) across Indonesia, with
delapan PLTP merupakan milik PGE. eight PLTPs owned by PGE.
Hingga akhir tahun 2023, PGE memiliki wilayah kerja As of the end of 2023, PGE has had six self-operated
panas bumi (WKP) yang dikelola sendiri (own operation) geothermal working areas (WKP) that are already in
sebanyak enam lapangan yang sudah beroperasi commercial operation with a total installed capacity of
komersial dengan total kapasitas terpasang sebesar 672 672 MW, namely: Kamojang (235 MW), Ulubelu (220
MW, yaitu: Kamojang (235 MW), Ulubelu (220 MW), MW), Lahendong (120 MW), as well as a 0.5 MW
Lahendong (120 MW), serta binary plant sebesar 0,5 binary plant for own use, Sibayak (12 MW), Karaha
MW untuk kebutuhan sendiri (own use), Sibayak (12 (30 MW), and Lumut Balai (55 MW).
MW), Karaha (30 MW), dan Lumut Balai (55 MW).
Di samping itu, PGE Juga mengerjakan dua proyek In addition, PGE is also working on two development
pengembangan yaitu Lumut Balai Unit 2 (55 MW) dan projects, namely Lumut Balai Unit 2 (55 MW) and
Hululais Unit 1 dan 2 (110 MW). Adapun lima lapangan Hululais Units 1 and 2 (110 MW). The other five fields
lainnya dalam tahap eksplorasi yaitu Hululais Extention – are in the exploration stage, namely Hululais Extension
Prospek Bukit Daun, Seulawah, Kotamobagu, Lahendong – Prospect Bukit Daun, Seulawah, Kotamobagu,
7 dan 8, dan Way Ratai. Lahendong 7 and 8, and Way Ratai.
Terdapat lima lapangan yang dioperasikan melalui kerja There are five fields operated through cooperation in
sama dalam bentuk Kontrak Operasi Bersama (KOB) the form of a Joint Operation Contract (KOB), of which
atau Joint Operation Contract (JOC), dimana empat four fields are already in commercial operation, namely
lapangan sudah beroperasi komersial yaitu Gunung Gunung Salak (377 MW), Darajat (271 MW) and
Salak (377 MW), Darajat (271 MW) dan Wayang- Wayang-Rindu (227 MW ) operated by Star Energy
Rindu (227 MW) yang dioperasikan oleh Star Energy Geothermal Ltd., Sarulla (330 MW) operated by Sarulla
Geothermal Ltd., Sarulla (330 MW) yang dioperasikan Operation Ltd., and one field in the exploration stage,
oleh Sarulla Operation Ltd., dan satu lapangan dalam namely in Bedugul, Bali, operated by Bali Energy Ltd.
tahap eksplorasi yaitu di Bedugul, Bali yang dioperasikan
oleh Bali Energy Ltd.
target dan strategi perseroan
company’s target and strategy
Sesuai visi dan misi Perseroan, PGE telah menetapkan
In accordance with its vision and mission, PGE has set
target atau sasaran yang dituangkan di dalam Rencana
a target as envisaged in the Company's Long-Term Plan
Jangka Panjang Perusahaan (RJPP) Perseroan 2025-
(RJPP) for the period of 2025-2029. To achieve this target,
2029. Perseroan menerapkan 3 Strategi “Maximizing
the Company implements three strategies: Maximizing
Domestic Resources, Accelerating Capacity Growth,
Domestic Resources, Accelerating Capacity Growth, and
Unlocking Upside Opportunities” untuk mencapai target
Unlocking Upside Opportunities.
tersebut.
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Maximizing Domestic Resources Maximizing Domestic Resources
PGE akan mempercepat pertumbuhan PGE will expedite domestic capacity growth
kapasitas di dalam negeri dengan by accelerating a Co-Generation project
mempercepat proyek Co-Generation dan and expanding existing geothermal fields
ekspansi lapangan geothermal eksisting and greenfield. Organic growth focuses on
serta greenfield. Organic growth berfokus businesses that strengthen PGE’s position in
pada bisnis yang memperkuat posisi PGE the domestic market to increase revenue and
dalam pasar domestik untuk meningkatkan market share. Organic growth is expected to
pendapatan dan pangsa pasar. Organic contribute 84% to PGE’s revenue by 2029.
growth diharapkan dapat berkontribusi
terhadap pendapatan PGE di tahun 2029,
yaitu sebesar 84%.
Accelerating Capacity Growth Accelerating Capacity Growth
PGE akan memperluas hingga 175 MW PGE will grow up to 175 MW in the global
di pasar global untuk meningkatkan market to increase profitability and overcome
profitabilitas dan mengatasi masalah single- an issue on the single-offtake purchaser in In-
off taker di Indonesia. M&A diharapkan donesia. M&A is expected to contribute up
dapat berkontribusi hingga 14% terhadap to 14% to PGE’s revenue by 2029. PGE will
pendapatan PGE di tahun 2029. PGE focus on M&A opportunities with producing
akan berfokus pada peluang-peluang areas and greenfield.
M&A dengan wilayah-wilayah yang sudah
berproduksi dan greenfield
Unlocking Upside Opportunities Unlocking Upside Opportunities
Beyond energy diharapkan dapat Beyond Energy is expected to contribute 1-2%
berkontribusi 1-2% pendapatan PGE di tahun to PGE’s revenue by 2029. PGE will focus on
2029. PGE akan berfokus pada carbon carbon credits, green hydrogen, and O&M.
credit, green hydrogen, dan O&M.
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Target Perseroan Strategi Jangka Panjang Perseroan
Company’s Target Company’s Long-Term Strategy
Maximizing Domestic 1. Menjaga keandalan operasi produksi di lapangan yang sudah ada saat ini (existing) agar
Resources dapat menyalurkan uap dan listrik sesuai dengan kapasitas terpasang.
2. Meningkatkan penguasaan teknologi dan berorientasi pada proses digitalisasi untuk menunjang
operasional, efisiensi biaya, serta meminimalkan potensi kerugian yang pada akhirnya dapat
meningkatkan daya tarik bisnis panas bumi.
3. Melakukan percepatan kegiatan eksplorasi dan pengembangan di WKP existing dan wilayah
kerja baru yang ditugaskan ke Perseroan.
4. Berpartisipasi dalam lelang WKP baru dan mengusulkan penugasan PSP/PSPE dari pemerintah.
5. Meningkatkan produksi dengan implementasi Bottoming Unit pada lapangan existing dengan
pemanfaatan brine serta pemanfaatan sumur-sumur bertekanan rendah (low pressure).
6. Menerapkan budaya kesehatan dan keamanan kerja (HSSE Cultures) dan berfokus kepada
penerapan operasional yang unggul (operational excellence).
7. Mengoptimalkan pengelolaan sumber daya manusia (SDM) yang dimiliki melalui penerapan
teknologi dan peningkatan kompetensi untuk dapat menunjang pertumbuhan Perseroan dalam
mendukung visi Perseroan.
8. Melakukan percepatan komersialisasi dan meminimasi CAPEX sebagai upaya untuk
meningkatkan pengembalian atas investasi.
9. Mengoptimalkan keseluruhan rantai pasokan untuk mendapatkan fleksibilitas dan penghematan
biaya.
.
1. Maintain the reliability of production operations in the existing field to provide steam and
electricity in accordance with the installed capacity.
2. Improve technological mastery and be oriented towards the digitization process to support
operations, cost efficiency, as well as minimize potential losses to ultimately increase the
attractiveness of the geothermal business.
3. Accelerate exploration and development activities in existing WKPs and new working areas
assigned to the Company.
4. Participate in new WKP tenders and propose PSP/PSPE assignments from the Government.
5. Increase production through the implementation of Bottoming Units in the existing field utilizing
brine and low-pressure wells.
6. Implement HSSE cultures and focus on the practice of operational excellence.
7. Optimize the management of existing human resources through the application of technology
and improved competencies to support the Company's growth in achieving its vision.
8. Expedite commercialization and minimize CAPEX in a bid to increase return on investment.
9. Optimize the entire supply chain to gain flexibility and reduce costs.
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Target Perseroan Strategi Jangka Panjang Perseroan
Company’s Target Company’s Long-Term Strategy
Accelerating Capacity 1. Menjalankan akuisisi dan partnership yang strategis secara global untuk mengurangi
Growth ketergantungan pada single off-taker.
2. Menerapkan proses pengambilan keputusan yang robust untuk meningkatkan efisiensi proses
pengambilan keputusan dengan tetap mempertahankan kualitas keputusan yang tinggi
berdasarkan informasi dan analisis yang relevan.
3. Mengelola sumber pendanaan yang unggul dalam aktivitas Merger and Acquisition (M&A)
dan memanfaatkan keuntungan dari pinjaman bunga rendah secara optimal.
.
1. Execute strategic acquisitions and partnerships globally to reduce dependence on a single off-
taker.
2. Apply a robust decision-making process to improve its efficiency while maintaining high decision
quality based on relevant information and analysis.
3. Manage superior funding sources in Merger and Acquisition (M&A) activities and optimally
utilize the benefits of low interest loans.
Unlocking Upside 1. Menginisiasi penambahan portofolio bisnis baru untuk menunjang keekonomian proyek baru
Opportunities maupun meningkatkan profitabilitas Perseroan secara keseluruhan, di antaranya pemanfaatan
energi panas bumi secara langsung (direct use) maupun komersialisasi produk turunan panas
bumi (by product).
2. Memperkuat sinergi antar Anak Perusahaan Pertamina dengan menggunakan jasa atau produk
dari Pertamina Group serta menginisiasi pemenuhan kebutuhan listrik APH lain dari PLTP
Perseroan, sebagai future revenue generator untuk menunjang keberlanjutan bisnis Perseroan.
.
1. Initiate the addition of a new business portfolio to sustain the economics of new projects and
increase the Company’s overall profitability, including direct use of geothermal energy and
commercialization of geothermal by-products.
2. Strengthen the synergy between Pertamina Subsidiaries by using services or products from
Pertamina Group and initiate the fulfilment of electricity demands of other APH from the
Company’s PLTP, as a future revenue generator to support the sustainability of the Company’s
business.
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skema pemanfaatan panas bumi
geothermal utilization scheme
Panas bumi memiliki fleksibilitas pemanfaatan yang tinggi Geothermal has high flexibility in utilization because it
karena tidak bergantung pada kondisi iklim maupun does not depend on climate or weather conditions. In
cuaca. Secara umum pemanfaatan energi panas bumi general, the use of geothermal energy can be divided
dapat dibagi menjadi dua, yakni pemanfaatan tidak into two, namely indirect use for geothermal power
langsung untuk pembangkit listrik tenaga panas bumi plants (PLTP), and direct use for other activities.
(PLTP), dan pemanfaatan langsung untuk kegiatan lain.
Skema Pemanfaatan Panas Bumi Indirect Geothermal Utilization
Secara Tidak Langsung Scheme
Pemanfaatan energi panas bumi secara tidak langsung Indirect utilization of geothermal energy for PLTP is carried
untuk PLTP dijalankan dengan hasil produksi fluida out by producing geothermal fluid from geothermal
panas bumi dari sumber daya panas bumi (reservoir), resources (reservoirs), the hot steam of which is then
yang kemudian uap panasnya dialirkan ke turbin untuk channeled to a turbine to drive a generator through
menggerakkan generator melalui beberapa tahapan: several stages:
1. Pengeboran sumur dilakukan di kawasan dan/atau 1. Well drilling is carried out in areas and/or areas
area yang memiliki reservoir dengan kedalaman that have reservoirs with a depth of 700 - 3,000
700 - 3.000 meter; meters;
2. Pada lapangan panas bumi dominasi uap, fluida 2. In steam dominated geothermal fields, the fluid
yang mengalir dari sumur hanya berupa uap; flowing from the well is only steam;
3. Pada lapangan panas bumi dominasi air, fluida 3. In geothermal fields, water dominates, the fluid
yang mengalir dari sumur berupa uap dan air panas flowing from the well is in the form of steam and hot
(brine); water (brine);
4. Fluida panas bumi dialirkan menggunakan pipa 4. Geothermal fluid is flowed using a pipe to a
menuju separator untuk dipisahkan fasa-nya menjadi separator to be phase separated into steam and
uap dan brine; brine;
5. Brine yang telah dipisahkan diinjeksi kembali ke 5. The separated brine is injected back into the
reservoir melalui sumur injeksi; reservoir via the injection well;
6. Uap tersebut dialirkan menuju turbin untuk memutar 6. The steam is channeled to a turbine to spin a
generator; generator;
7. Listrik yang dihasilkan oleh generator dialirkan 7. The electricity produced by the generator is
menuju transformer untuk disesuaikan tegangannya, channeled to the transformer to adjust the voltage,
kemudian dialirkan menuju jaringan listrik PLN; then distributed to the PLN electricity network;
8. Melalui jaringan listrik tersebut, listrik didistribusikan 8. Through the electricity network, electricity is
ke konsumen di sekitar pembangkit listrik. distributed to consumers around the power plant.
.
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Skema Pemanfaatan Panas Bumi Secara Tidak Langsung
Indirect Geothermal Utilization Scheme
1. LP Separator
2. Production Wheels
3. HP Separator
4. HP Turbine & Generator
5. Condencor
6. Non-Condensator Co³
7. Exhouseter
8. Hot Sirk
9. Cooling Tower
10. Transformer
11. Poer Transmission Lines
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Proses Bisnis Pemanfaatan Panas Business Process for Indirect
Bumi Secara Tidak Langsung Geothermal Utilization
Pengelolaan panas bumi melalui pemanfaatan tidak Geothermal management through indirect utilization by
langsung dengan mengoperasikan PLTP dijalankan operating PLTP is carried out in a continuous business
dalam proses bisnis berkesinambungan yang meliputi process which includes three stages, namely, exploration,
tiga tahapan yaitu, eksplorasi, eksploitasi, dan operasi. exploitation, and operation.
Eksplorasi Eksploitasi Operasi
Eksploration Eksploitation Operation
Notice of Resource Confirmation (NORC) Notice of Intend to Develop (NOID) Ground Breaking Tanggal operasi komersial
Date of commercial operation
Proses Lelang | Auction Process, Head of Agreement Proses negosiasi dan Perjanjian Jual Beli Uap (PJBU)/ Produksi
Perjanjian Jual Beli Listrik (PJBL) dengan calon pembeli Production
Negotiation process and Steam Sales and Purchase
Agreement (PJBU)/Electricity Sales and Purchase
Agreement (PJBL) with prospective buyers
Survei G&G 1-2 tahun | years Pemboran Pengembangan 3-5 tahun Pemboran sumur make up
G&G Survey Development Drilling |years Make-up well drilling
Pemboran Eksplorasi 2-3 tahun| years Front End Engineering 3-5 tahun |
Exploration Drilling years
Engineering, Procurement, 3-5 tahun |
Construction, Commissioning years
● Perizinan: Izin lokasi, Izin Pinjam Pakai ● Perizinan: Izin lokasi, IPPKH, IMB, SIPPA, Amdal, ● Operasi dan pemeliharaan.
Kawasan Hutan (IPPKH), Izin Mendirikan dan lainnya (bila area eksploitasi tidak sesuai ● Manajemen reservoir.
Bangunan (IMB), Surat Izin Pengambilan dan dengan area eksplorasi). ● Pengeboran sumur make up.
Pemanfaatan Air (SIPPA), Analisis Mengenai ● Persiapan lokasi (pembebasan lahan).
Dampak Lingkungan (Amdal), dan lain-lain. ● Pengeboran sumur eksplorasi dan reinjeksi. ● Operation and maintenance.
● Persiapan lokasi: pembebasan lahan. ● Infrastruktur dan konstruksi PLTP. ● Reservoir management.
● Pengeboran sumur eksplorasi. ● Izin Usaha penyediaan Tenaga Listrik (IUPTL). ● Make-up well drilling.
● Infrastruktur dan konstruksi.
● Permits: Location permits, IPPKH, IMB, SIPPA, Amdal,
● Permits: Location permit, Borrow-to-use Forest and others (if the exploitation area does not match the
Area Permit (IPPKH), Building Construction exploration area).
Permit (IMB), Water Extraction and Utilization ● Site preparation (land acquisition).
Permit (SIPPA), Environmental Impact Analysis ● Drilling exploration and reinjection wells.
(Amdal), and others. ● PLTP infrastructure and construction.
● Site preparation: land acquisition. ● Business License for Electricity Provision (IUPTL).
● Drilling exploratory wells.
● Infrastructure and construction.
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Skema Pemanfaatan Panas Bumi Direct Geothermal Utilization Scheme
Secara Langsung
Pemanfaatan langsung meliputi kegiatan pengusahaan Direct utilization includes the activities of the
pemanfaatan panas bumi secara langsung tanpa geothermal utilization business directly without
melakukan pengubahan dari energi panas dan/atau converting the heat energy and/or fluid into other
fluida menjadi jenis energi lain untuk keperluan non types of energy for non-electric purposes. There are
listrik. Terdapat dua cara untuk memanfaatkan panas two ways to utilize geothermal heat directly by using
bumi secara langsung dengan menggunakan energi the energy visible on the earth’s surface as follows:
yang tampak di permukaan bumi sebagaimana berikut:
1. Fluida panas bumi dialirkan melalui pipa ke 1. Geothermal fluid flows through a pipe to a low
separator bertekanan rendah. Melalui tahap ini, pressure separator. Through this stage, the hot steam
uap panas dan brine akan terpisah. Uap panas and brine will separate. Hot steam flows to the
dialirkan ke turbin, sedangkan air panas dari turbine, while hot water from the separator flows to
separator dialirkan menuju heat exchanger untuk the heat exchanger to heat the working fluid (water)
memanaskan fluida kerja (air) sehingga temperatur so that the temperature of the working fluid changes
fluida kerja berubah menjadi hangat. Air hangat to warm. The warm water can then be channeled
tersebut kemudian dapat dialirkan dan langsung and used directly for fisheries, pools or hot springs.
digunakan untuk perikanan, kolam atau pemandian The cold water produced in this process will flow
air panas. Air dingin yang dihasilkan dalam proses back into rivers or underground to maintain balance.
ini akan mengalir kembali ke sungai atau bawah
tanah untuk menjaga keseimbangan.
2. Fluida panas bumi dari sumber mata air panas 2. Geothermal fluid from the hot spring is channeled to
dialirkan ke heat exchanger untuk memanaskan fluida a heat exchanger to heat the working fluid (air) and
kerja (udara) dan diatur suhunya hingga menjadi the temperature is adjusted until it becomes warm.
hangat. Udara hangat tersebut dialirkan untuk This warm air is channeled to warm the greenhouse
menghangatkan rumah kaca dan mengeringkan and dry agricultural and plantation products. The cold
hasil pertanian dan perkebunan. Brine dingin yang brine produced from this process will flow back into
dihasilkan dari proses ini akan dialirkan kembali ke the river or into the ground to maintain balance.
sungai atau ke tanah untuk menjaga keseimbangan.
.
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Skema Pemanfaatan Panas Bumi Secara Langsung
Direct Geothermal Utilization Scheme
1. Production Wells Cold Water
2 LP Separator
3. Warm Water
4. Fishery Ponds
5. Heat Exchanger
6. Swimming/Bathing Pools
7. Heat Exchanger
8. Green House Farming
9. Daying Plant
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tinjauan operasional per segmen usaha
operating review by business segment
Segmen Usaha yang Dijalankan Business Segments Operated
Sesuai termuat di dalam Laporan Keuangan Tahun 2023 As stated in PGE’s 2023 Financial Statements audited
PGE yang diaudit oleh KAP Purwantono, Sungkoro & by KAP Purwantono, Sungkoro & Surja, in carrying out
Surja, dalam menjalankan kegiatan operasional, PGE operational activities, PGE divides its business segments
membagi segmen usaha menjadi dua yaitu: into two:
a. Operasi sendiri. a. Own operations.
b. Kontrak Operasi Bersama (KOB) dengan PLN b. Joint Operation Contract (KOB) with PLN
Segmen Penjualan KOB ke PLN memiliki aset The KOB Sales to PLN segment has an allocable
yang dapat dialokasikan berupa piutang usaha. asset in the form of trade receivables. As for
Sedangkan untuk liabilitas yang dapat diatribusikan liabilities, those attributable are in the form of trade
berupa utang usaha. Aset lainnya dan liabilitas payables. Other assets and liabilities such as cash
lainnya seperti kas dan pinjaman dikelola secara and loans are managed centrally through the head
terpusat melalui kantor pusat. office.
PGE merupakan pelopor dalam kegiatan pemanfaatan PGE is a pioneer in the utilization and development of
dan pengembangan energi panas bumi di Indonesia. geothermal energy in Indonesia. The Company can be
Perseroan dapat diposisikan sebagai Independent positioned as an Independent Power Producer (IPP) that
Power Producer (IPP) yang melakukan kegiatan usaha conducts business activities to produce and sell products
memproduksi dan menjual produk berupa uap panas in the form of geothermal steam and electricity. Product
bumi dan listrik. Penjualan produk dilakukan dalam sales are carried out in the mechanism of Geothermal
mekanisme Perjanjian Jual Beli Uap Panas Bumi (PJBU), Steam Sales and Purchase Agreement (PJBU), and
dan Perjanjian Jual Beli Tenaga Listrik (PJBL). Electric Power Sales and Purchase Agreement (PJBL).
Produksi Uap Setara Listrik Electricity Equivalent Steam Production
Secara keseluruhan, produksi uap setara listrik Perseroan Overall, the Company’s electricity equivalent steam
selama tahun 2023 mencapai 4.734,5 GWh, atau production during 2023 reached 4,734.5 GWh, or
4,66% dari target RKAP 2023 sebesar 4.524 GWh. 4.66% of the 2023 RKAP target of 4,524 GWh. The
Produksi yang dihasilkan naik sebesar 105 GWh atau resulting production increased by 105 GWh or 2.26%
2,26% dibandingkan tahun sebelumnya yang sebesar compared to the previous year of 4,630 GWh.
4.630 GWh.
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Produksi Uap Panas Bumi Setara Listrik
Geothermal Steam Production Equivalent to Electricity
2023 2022 2021
Area
(GWh) (GWh) (GWh)
Kamojang
Unit I 227,82 232,09 206,71
Unit II 365,47 375,63 412,67
Unit III 385,67 344,35 403,36
Unit IV 452,81 455,85 491,27
Unit V 261,88 271,47 236,67
Total 1.693,64 1.679,39 1.750,67
Lahendong
Unit I 119,99 112,32 82,17
Unit II 134,21 160,37 140,09
Unit III 125,54 147,54 78,93
Unit IV 164,95 132,39 166,70
Unit V 169,94 156,68 163,16
Unit VI 161,23 154,93 143,69
Total 868,86 864,22 774,74
Ulubelu
Unit I 363,58 399,69 412,40
Unit II 404,78 394,87 391,11
Unit III 428,38 374,56 400,61
Unit IV 409,34 388,08 392,24
Total 1.606,08 1.553,20 1.596,26
Karaha
Unit I 96,68 84,25 78,36
Total 96,68 84,25 78,36
Lumut Balai
Unit I 469,31 448,53 460,76
Total 469,31 448,53 460,76
Sibayak
Unit I 0 0 0
Unit II 0 0 0
Monoblok 0 0 0
Total 0 0 0
Total Produksi
4.734,57 4.629,60 4.660,79
Total Production
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Area Kamojang Realisasi uap produksi setara listrik di Area Kamojang pada tahun 2023 mencapai 1.694 GWh,
Kamojang Area atau 106,40% dari target RKAP sebesar 1.592 GWh, naik 102 GWh, atau 0,89% dari tahun 2022 sebesar
1.679 GWh. Pencapaian ini terjadi karena adanya akselerasi pekerjaan Turn Arround Maintenance PLTP
Unit 5 dari perencanaan selama 25 hari menjadi 11 hari, akselerasi pekerjaan Simple Inspection PLTP Unit
2 dari perencanaan selama 24 hari menjadi 21 hari, serta penyerapan produksi yang sangat baik pada
PLTP Unit 1 dan 5.
The realization of steam production equivalent to electricity in the Kamojang Area in 2023 reached 1,694
GWh, or 106.40% of the RKAP target of 1,592 GWh, up by 102 GWh, or 0.89% from 2022 which was
1,679 GWh. This achievement was possible thanks to the acceleration of Turnaround Maintenance work on
PLTP Unit 5 from a planned 25 days to 11 days, acceleration of Simple Inspection work on PLTP Unit 2 from a
planned 24 days to 21 days, as well as very good production absorption at PLTP Unit 1 and 5.
Area Lahendong Realisasi produksi uap setara listrik di Area Lahendong pada tahun 2023 mencapai 868,8 GWh,
Lahendong Area atau 105,58% dari target RKAP sebesar 823 GWh, dan naik 46 GWh, atau 0,57% dari tahun 2022
sebesar 864 GWh. Faktor pendorong kenaikan disebabkan oleh meningkatnya availability factor, akselerasi
pekerjaan maintenance outage pada PLTP Lahendong unit 5 & 6 dari 8 hari menjadi 5 hari, percepatan
kegiatan Turn Around Maintenance pada PLTP Lahendong unit 1 dari 40 hari menjadi 34 hari dan PLTP
Lahendong unit 2 dari 40 hari menjadi 30 hari.
The realization of steam production equivalent to electricity in the Lahendong Area in 2023 reached 868.8
GWh, or 105.58% of the RKAP target of 823 GWh, and an increase of 46 GWh, or 0.57% from 2022
of 864 GWh. The factors driving the increase were due to increased availability factors, acceleration of
outage maintenance work at PLTP Lahendong units 5 & 6 from 8 days to 5 days, acceleration of Turn Around
Maintenance activities at PLTP Lahendong unit 1 from 40 days to 34 days and PLTP Lahendong unit 2 from
40 days to 30 days.
Area Ulubelu Realisasi produksi uap setara listrik di Area Ulubelu pada tahun 2023 mencapai 1.606,0 GWh, atau
Ulubelu Area 101,53% dari target RKAP sebesar 1.582 GWh, dan naik 53 GWh, atau 3,41% dari tahun 2022 sebesar
1.553 GWh. Hal ini disebabkan adanya penambahan kapasitas sebesar 20 MW dari penyelesaian SAGS
Debottlenecking Project dan akselerasi penyelesaian Turn Around Maintenance PLTP Ulubelu unit 4 yang
semula dijadwalkan akan selesai dalam 21 hari, namun dapat diselesaikan selama 16 hari.
The realization of steam production equivalent to electricity in the Ulubelu Area in 2023 reached 1,606.0
GWh, or 101.53% of the RKAP target of 1,582 GWh, and an increase of 53 GWh, or 3.41% from 2022 of
1,553 GWh. This is due to the additional capacity of 20 MW from the completion of the SAGS Debottlenecking
Project and accelerated completion of Turn Around Maintenance PLTP Ulubelu unit 4 which was completed
within 16 days from the initial plan of 21 days.
Area Karaha Realisasi produksi uap setara listrik di Area Karaha pada tahun 2023 mencapai 96,6 GWh, atau 92,53%
Karaha Area dari RKAP sebesar 104,489 GWh, dikarenakan tidak tercapainya kapasitas rata-rata pembangkitan yang
diharapkan. Namun realisasi produksi pada tahun 2023 naik 12,3 GWh, atau 14,75% dari tahun 2022
sebesar 84,25 GWh. Kenaikan produksi area Karaha terjadi karena Perseroan berhasil menurunkan angka
unplanned shutdown dari 2,5% ke 0,7%. Selain itu PGE berhasil menyelesaikan pembangunan infrastruktur
pencegahan bencana tanah longsor di wilayah operasional area Karaha.
The realization of steam production equivalent to electricity in the Karaha Area in 2023 reached 96.6 GWh,
or 92.53% of the RKAP of 104,489 GWh, due to the expected average generation capacity not being
achieved. However, actual production in 2023 increased by 12.3 GWh, or 14.75% from 2022 of 84.25
GWh. The increase in production in the Karaha area occurred because the Company succeeded in reducing
the unplanned shutdown rate from 2.5% to 0.7%. In addition, PGE has successfully completed the construction
of landslide disaster prevention infrastructure in the operational area of the Karaha area.
Area Lumut Balai Realisasi produksi uap setara listrik di Area Lumut Balai pada tahun 2023 mencapai 469,30 GWh,
Lumut Balai Area atau setara 111,07% dari RKAP sebesar 422,54 GWh, naik 20,8 GWh, atau 4,63% dari tahun 2022
yang sebesar 448,5 GWH. Kenaikan didorong oleh meningkatnya permintaan listrik (high demand) pada
jaringan listrik utama di pulau Sumatera.
The realization of steam production equivalent to electricity in the Lumut Balai Area in 2023 reached 469.30
GWh, or the equivalent of 111.07% of the RKAP of 422.54 GWh, an increase of 20.8 GWh, or 4.63% from
2022 which was 448. 5 GWH. The increase was driven by increasing demand for electricity (high demand)
on the main electricity network on the island of Sumatra.
Area Sibayak PLTP Unit I dan II milik PT Dizamatra Powerindo tidak beroperasi karena kondisi peralatan utama yang
Sibayak Area kurang mendukung dan tidak layak dioperasikan. Hal ini membuat perbaikan PLTP dihentikan melalui surat
PT Dizamatra Powerindo No.059/DP-SBY/III/2016. Berdasarkan kondisi tersebut, PT Pertamina (Persero)
pada 30 Oktober 2017 telah mengirimkan Permohonan Pendapat Hukum kepada Kejaksaan Agung
Republik Indonesia melalui Surat No. 690/ M00000/2017-S0, terkait Permasalahan Pelaksanaan Steam
Sales Contract (SSC) atau Perjanjian Jual Beli Uap dengan PT Dizamatra Powerindo. Permohonan ini
disampaikan karena sampai saat ini Perseroan tidak dapat memanfaatkan uap yang dihasilkan oleh Area
Sibayak, karena sesuai SSC uap tersebut hanya bisa dijual kepada PT Dizamatra Powerindo.
PLTP Units I and II belonging to PT Dizamatra Powerindo are not operating because the main equipment is in
poor condition and is not suitable for operation. This caused PLTP repairs to be halted through PT Dizamatra
Powerindo letter No.059/DP-SBY/III/2016. Based on these conditions, PT Pertamina (Persero) on October 30,
2017 sent a Request for Legal Opinion to the Attorney General Office of the Republic of Indonesia via Letter
No. 690/ M00000/2017-S0, related to the issue of implementing the Steam Sales Contract (SSC) or Steam
Sale and Purchase Agreement with PT Dizamatra Powerindo. This request was submitted because until now the
Company cannot utilize the steam produced by the Sibayak Area, because according to the SSC the steam
can only be sold to PT Dizamatra Powerindo.
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Pendapatan dan Profitabilitas Segmen Segment Revenue and Profitability
Perseroan memperoleh pendapatan usaha melalui: The Company derives its operating revenues through:
1. Operasi Perseroan sendiri, yang terdiri dari 1. The Company’s own operations, which consist of
penjualan tenaga listrik dan uap yang dihasilkan di the sale of electricity and steam generated at the
PLTP dan sumur uap kepada PLN dan IPP lainnya PLTP and steam wells to PLN and other IPPs based
berdasarkan berbagai ESC dan PJBU yang telah on various ESCs and PPAs signed by the Company.
ditandatangani Perseroan.
2. Production allowances yang diperoleh dari para 2. Production allowances obtained from KOB
Kontraktor KOB yang memiliki kontrak dengan Contractors who have contracts with the Company
Perseroan untuk beroperasi di dalam WKP to operate in the Company’s WKP. The amount of
Perseroan. Jumlah production allowance biasanya production allowance is typically 4% of the KOB
sebesar 4% dari pendapatan operasional bersih Contractor’s net operating revenue. However,
Kontraktor KOB. Namun khusus untuk operasi yang specifically for the operations carried out by Star
dilakukan oleh Star Energy Darajat, nilainya hanya Energy Darajat, the value is only 2.66% of net
sebesar 2,66% dari pendapatan operasional bersih. operating revenue.
Pendapatan Usaha dari segmen produksi uap dan listrik Operating Revenue from steam and electricity production
selama tahun 2023 tercatat USD406.288 ribu, naik segment for 2023 was recorded at USD406,288
USD20.220 ribu, atau 5,24% dari tahun 2022 yang thousand, an increase of USD20,220 thousand,
mencapai USD386.068 ribu. Kenaikan Pendapatan or 5.24% from 2022 which reached USD386,068
Usaha didorong oleh kenaikan harga jual listrik panas thousand. The increase in Operating Revenue was
bumi yang dipengaruhi oleh kenaikan Indeks Harga driven by an increase in the selling price of geothermal
Produsen dan Konsumen Amerika Serikat. electricity influenced by the increase in the United States
Producer and Consumer Price Index.
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Pendapatan Usaha PGE per Segmen (dalam USD ribu)
PGE Operating Revenue by Segment (in USD thousand)
Uraian | Description 2023 2022 2021
Operasi Sendiri: | Own Operation
PT Indonesia Power
Kamojang 67.236 64.331 66.735
Lahendong 3.488 0 0
Ulubelu 2.542 0 0
PLN
Ulubelu 111.784 107.971 105.212
Lahendong 76.308 79.900 67.192
Kamojang 76.893 76.317 71.526
Lumut Balai 39.311 36.620 37.508
Karaha 8.931 6.795 6.677
Sub Jumlah Penjualan Operasi Sendiri
386.493 371.934 354.850
Subtotal Own Operation Sales
Production Allowances 19.795 14.134 13.974
Jumlah Pendapatan Usaha | Total Operating Revenue 406.288 386.068 368.824
Laba Bersih PGE per Segmen (dalam USD ribu)
PGE Net Profit by Segment (in USD thousand)
Uraian | Description 2023 2022 2021
Ulubelu 48.702 33.155 23.923
Lahendong 34.481 30.447 14.680
Kamojang 86.496 70.578 59.646
Lumut Balai 5.049 3.238 (290)
Karaha (8.719) (9.744) (12.521)
Segmen Lain | Other Segments (2.439) (355) (396)
Jumlah Laba Bersih | Total Net Profit 163.570 127.319 85.042
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kegiatan eksplorasi dan pengembangan
exploration and development activities
Dalam memastikan ketersediaan uap panas bumi untuk To ensure the availability of geothermal steam to fulfill
memenuhi kontrak jual beli dan usaha yang berkelanjutan, sales and purchase contracts and sustainable business,
Perseroan terus melakukan kegiatan eksplorasi dan the Company continues to conduct exploration and
pengembangan di seluruh WKP sesuai strategi bisnis development activities in all WKPs in accordance with
dalam Rencana Kerja dan Anggaran Perusahaan (RKAP) the business strategy in the Company’s Work Plan and
dan Rencana Jangka Panjang Perusahaan (RJPP). Budget (RKAP) and the Company’s Long Term Plan
(RJPP).
Kegiatan eksplorasi Exploration Activities
Kegiatan eksplorasi terdiri dari studi geoscience Exploration activities consist of geoscience studies
(geologi, geokimia, geofisika, dan geomatika), yang (geology, geochemistry, geophysics, and geomatics),
dimulai dari survei, pengolahan, pemodelan, analisis, starting from surveying, processing, modeling, analysis,
evaluasi, interpretasi data geoscience, dan pengeboran evaluation, interpretation of geoscience data, and
eksplorasi hingga suatu proyek siap menghasilkan listrik. exploration drilling until a project is ready to produce
electricity.
Eksplorasi Panas Bumi | Geothermal Exploration
Lapangan Panas Bumi Uraian Kegiatan Lokasi
Geothermal Field Description of Activities Location
Perawatan infrastruktur, Uji produksi
Bukit Daun WKP Hululais - Bengkulu
Infrastructure maintenance, Production test
Survei Eksplorasi
Seulawah WKP Seulawah Agam - Aceh
Exploration Survey
Survei Eksplorasi WKP Kotamobagu – Sulawesi
Kotamobagu
Exploration Survey Utara | North Sulawesi
WKP Lumut Balai &
Survei Eksplorasi
Lumut Balai Ext. (Bunbun) Margabayur, Sumatera Selatan
Exploration Survey
| South Sumatra
Survei Eksplorasi
Ulubelu Ext. (Gunung Tiga) WKP Way Panas - Lampung
Exploration Survey
Uji produksi, penyusunan dokumen NORC,
pengkinian simulasi reservoir WKP Lahendong - Sulawesi
Lahendong (Unit 7 & 8)
Production test, NORC document preparation, Utara | North Sulawesi
reservoir simulation update
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Pada periode pelaporan, sebagai tindak lanjut In the reporting period, as a follow-up on the
dari penetapan pemenang lelang atas WKP determination of the auction winner for the Way Ratai
Way Ratai sesuai Keputusan Menteri Energi dan WKP in accordance with the Decree of the Minister
Sumber Daya Mineral Republik Indonesia Nomor of Energy and Mineral Resources of the Republic of
118.K/EK.01/MEM.E/2023, bersama PT Jasa Daya Indonesia Number 118.K/EK.01/MEM.E/2023,
Chevron, dengan Entitas Baru bernama PT Cahaya together with PT Jasa Daya Chevron, with a New Entity
Anagata Energy, saat ini dalam proses persiapan aktivitas named PT Cahaya Anagata Energy, is currently in the
eksplorasi. Adapun beberapa hal yang yang menjadi process of preparing exploration activities. Several things
fokus saat ini adalah dalam proses perolehan Izin Panas that are currently being focused on are the process of
Bumi (IPB), pengurusan UKL-UPL (Upaya Pengelolaan obtaining a Geothermal Permit (IPB), processing UKL-UPL
Lingkungan dan Upaya Pemantauan Lingkungan) dan (Environmental Management Efforts and Environmental
PTA (Pre-Transaction Agreement). Monitoring Efforts) and PTA (Pre-Transaction Agreement).
Realisasi Realisasi Realisasi
Aktivitas Target Target Target
Realization Realization Realization
Activity 2023 2022 2021
2023 2022 2021
Pemboran 2 Sumur 2 Sumur 0 Sumur
Eksplorasi
Exploration
Drilling
Kegiatan Pengembangan Development Activity
Perseroan terus melakukan upaya mempercepat The Company continues to endeavor to accelerate the
pengembangan PLTP di Indonesia melalui kegiatan development of PLTP in Indonesia through development
pengembangan. Hal ini menjadi bagian penting bagi activities. This is of particular importance for the Company
Perseroan dalam pencapaian kapasitas terpasang in achieving an installed capacity of 1 Gigawatt by 2026.
sebesar 1 Gigawatt pada tahun 2026.
Proyek Pengembangan Panas Bumi untuk Pengelolaan Sendiri
Geothermal Development Project for Own Operation
Kapasitas
Wilayah
Capacity Status Pengembangan Lokasi
Pengembangan Unit
Development Status Location
Development Area
( MW)
WKP Lumut Balai dan Margabayur
- Sumatera Selatan
Pelaksanaan EPCC Lumut Balai Unit 2
Lumut Balai Unit 2 55
Implementation of EPCC Lumut Balai Unit 2
WKP Lumut Balai and Margabayur
– South Sumatra
Unit 1 55
Proses pekerjaan rekayasa dan desain fasilitas
produksi uap/ FEED SAGS
Hululais WKP Hululais - Bengkulu
Engineering work process and design of steam
production facilities/FEED SAGS
Unit 2 55
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Selain itu, sebagai bagian dari strategi pengemban- In addition, as part of its development strategy, the
gan, Perseroan juga telah berhasil mengidentifika- Company has also successfully identified the potential
si potensi penambahan kapasitas terpasang hingga for additional installed capacity of up to 230MW
230MW melalui pemanfaatan teknologi binary/ through the utilization of binary technology in its working
biner di wilayah kerjanya. Area prioritas pengemban- areas. Priority areas for development will be the Ulubelu
gan akan dilakukan di area Ulubelu melalu Bottom- area through a 30 MW Bottoming Unit (BU) and the
ing Unit (BU) sebesar 30 MW dan area Lahendong Lahendong area with a 15 MW BU. The signing of
dengan BU sebesar 15 MW. Penandatanganan Joint PGE's Joint Development Study Agreement (JDSA) with
Development Study Agreement (JDSA) PGE dengan PT PLN Indonesia Power is proof of PGE's commitment
PT PLN Indonesia Power menjadi bukti komitmen PGE to accelerating the commerciality of its business.
sebagai upaya mempercepat komersialitas bisnis.
Untuk menjaga ketersediaan uap area operasi dan To ensure the availability of steam in the operational area
memastikan volume penyaluran uap dan listrik, Perseroan and to guarantee the volume of steam and electricity
melakukan pemboran sumur make up dan kegiatan Kerja distribution, the Company conducted make-up well
Ulang Reparasi Sumur (KURS), yaitu termasuk workover, drilling and Workover Repair Well (KURS) activities,
hole cleaning dan acidizing, yang dilakukan selama including workover, hole cleaning, and acidizing,
periode pelaporan mencapai dua sumur, atau 100% dari carried out during the reporting period on two wells,
rencana dalam RKAP yang sebanyak dua sumur. which represents 100% of the planned activities outlined
in the RKAP, totaling two wells.
Aktivitas Target 2023 Realisasi 2023 Target 2022 Realisasi 2022 Target 2021 Realisasi 2021
Pemboran
Development & 9 Sumur 7 Sumur* 0 Sumur 0 Sumur 0 Sumur 0 Sumur
Make Up
KURS
4 Sumur 2 Sumur 3 Sumur 1 Sumur 10 Sumur 9 Sumur
Workover
* Dua sumur development masih dalam proses penyelesaian
*The two development wells are still in the process of completion.
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sistem manajemen aset
asset management system
Dalam upaya meningkatkan kinerja terkait manajemen In a bid to improve performance related to asset
aset, Perseroan melakukan inisiatif untuk mengadopsi management, the Company has driven an initiative
“World Class Standard” di bidang Asset Management to adopt the “World Class Standard” in the field of
berbasis standard ISO 55001:2014 Assset Management Asset Management with reference to ISO 55001:2014
System. Perseroan juga telah memiliki pedoman Asset standard on Asset Management System. The
Management System melalui surat keputusan PGE Company has also had Asset Management System
A-001/PGE210/2023-S9. Inisiatif ini merupakan bentuk guidelines based on Decision Letter PGE A-001/
komitmen yang kuat dari Top Management dengan PGE210/2023-S9. This initiative is a form of strong
mengoptimalkan kolaborasi lintas departemen, dan commitment of Top Management, which is demonstrated
komunikasi dengan para pemangku kepentingan. through the optimization of cross-departmental
collaboration and communication with all stakeholders.
Pada tahun 2023, telah dilakukan pemetaan atau Gap In 2023, mapping or Gap Analysis/Maturity Level ISO
Analysis/Maturity Level ISO 55001 yang merupakan 55001 was in place, which was the first stage in the
tahapan pertama dalam perjalanan menuju ISO 55001. journey towards the ISO 55001 Asset Management
Asset Management Excellence, dengan maksud dan Excellence implementation with the purpose and
tujuan antara lain sebagai berikut: objectives as follows:
1. Guna memperoleh gambaran mengenai tingkat 1. To provide an overview of the maturity level for
maturity level pemenuhan sistem manajemen aset fulfilling the ISO 55001 asset management system.
ISO 55001.
2. Mengindentifikasi kekurangan atau gap dalam 2. To identify deficiencies/gaps in the asset
sistem manajemen aset di PGE. management system at PGE.
3. Peluang dalam perbaikan berkelanjutan di 3. To provide opportunities for continuous improvement
lingkungan pengelolaan aset di PGE. in the asset management environment at PGE.
4. Meningkatkan kinerja pengelolaan aset yang lebih 4. To improve more optimal asset management
optimal, peningkatan pertumbuhan bisnis. performance, increased business growth.
5. Membantu manajemen dalam pengambilan 5. To assist management in decision making and to
keputusan serta meningkatkan kepercayaan increase stakeholders' trust in PGE.
pemangku kepentingan kepada PGE.
Dari hasil Gap Analysis yang dilakukan, Perseroan Based on the results of the Gap Analysis, the Company
merumuskan strategi dan work package untuk formulated a strategy and work package to increase
meningkatkan Asset Management Maturity menuju ISO Asset Management Maturity towards the ISO 55001
55001 Asset Management Excellence dan peningkatan Asset Management Excellence and for sustained
kinerja yang berkelanjutan yang dituangkan dalam performance improvement, which was outlined in the
bentuk Roadmap 2023 – 2026. Tindak lanjut hasil 2023 - 2026 Roadmap. Follow-up on the results of the
Gap Analysis yang telah dilakukan di tahun 2023 Gap Analysis which was implemented in 2023 began
dimulai dengan penyusunan Sistem Tata Kerja Asset with the formulation of the Asset Management Procedure
Management dan penyesuaian SAP Blueprint. System and adjustment of the SAP Blueprint.
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Tahapan implementasi ISO 55001 berikutnya yang The subsequent stages of ISO 55001 which will be
akan dilakukan pada tahun 2024 – 2026 antara lain : carried out in the period of 2024 – 2026 include:
1. Tahun 2024 1. Tahun 2024
• Tahap 3 : In-Use (Asset Management • Stage 3: In-Use (Asset Management
Implementation) melalui optimalisasi dan Implementation) through the optimization and
akselerasi program Asset Management di unit acceleration of the asset management program
operasi across operational units.
• Tahap 4 : Optimalisasi Implementasi CMMS • Stage 4: Optimization of CMMS Implementation
(Computerized Maintenance Management (Computerized Maintenance Management
System) melalui SAP Business Process System) through SAP Business Process
Adjustment, SAP Modules Integration dan Asset Adjustment, SAP Modules Integration, and
Management Dashboard and Reporting Asset Management Dashboard and Reporting
2. Tahun 2025 2. Tahun 2025
• Tahap 5 : Transaction Optimation Forum & • Stage 5: Transaction Meeting and Forum
Meeting Optimization
• Tahap 6 : Transaction Monitoring & Evaluation • Stage 6: Transaction Monitoring & Evaluation
3. Tahun 2026 3. Tahun 2026
• Tahap 7 : Self Asssessment & Certification • Stage 7: Self-Assessment & Certification.
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Implementasi Asset Management System ini akan The implementation of this Asset Management System
diterapkan pada seluruh Unit Operasi Perseroan sebagai will be applied to all of the Company's Operating Units
bentuk komitmen menjaga keberlangsungan siklus as a form of commitment to maintain the sustainability of
pemanfaatan asset sehingga dapat mengoptimalkan the asset utilization cycle so as to optimize the overall
keseluruhan dampak bisnis dari biaya, kinerja dengan business impact of cost, performance with the minimum
risiko seminimum mungkin dari seluruh asset fisik possible risk of all physical assets of the Company.
perusahaan.
tinjauan kinerja keuangan
financial performance overview
Tinjauan kinerja keuangan dalam Laporan Tahunan The overview of financial performance in the 2023
2023 disusun berdasarkan Laporan Keuangan Perseroan Annual Report is prepared based on the Company’s
yang berakhir pada tanggal 31 Desember 2023. Financial Statements for the year ended December 31,
Laporan Keuangan telah diaudit Kantor Akuntan Publik 2023. The Financial Statements have been audited by
Purwantono, Sungkoro & Surja dan ditandatangani Public Accounting Firm Purwantono, Sungkoro & Surja
oleh Irwan Haswir pada tanggal 29 Februari 2024 and signed by Irwan Haswir on February 29, 2024 with
dengan opini wajar dalam semua hal yang material, a fair opinion in all material respects, the consolidated
posisi keuangan konsolidasian PT Pertamina Geothermal financial position of PT Pertamina Geothermal Energy
Energy Tbk dan entitas anaknya tanggal 31 Desember Tbk and its subsidiaries as of December 31, 2023, and
2023, serta kinerja keuangan konsolidasian untuk tahun the financial performance consolidated for the year then
yang berakhir pada tanggal tersebut, sesuai dengan ended, in accordance with the Indonesian Generally
Standar Akuntansi Keuangan di Indonesia. Accepted Accounting Principles.
Uraian mengenai kinerja keuangan Perseroan dalam The description of the Company’s financial performance
Laporan ini disusun berdasarkan Laporan Keuangan, in this Report is prepared based on the Financial Report,
yang disajikan sesuai Pernyataan Standar Akuntansi which is presented in accordance with the Statement of
Keuangan (PSAK) yang berlaku umum di Indonesia. Indonesian Generally Accepted Accounting Principles
Laporan Keuangan meliputi dua tahun buku terakhir, (GAAP). The Financial Report covers the last two financial
yakni tahun buku yang berakhir pada 31 Desember years, namely the financial year ending December 31,
2023, dan tahun buku yang berakhir pada 31 Desember 2023, and the financial year ending December 31, 2022
2022 sebagai pembanding. Bahasan kinerja keuangan as a comparison. Discussion of financial performance is
disampaikan dengan memperhatikan penjelasan pada presented by taking into account the explanation in the
catatan Laporan Keuangan, sebagai bagian tidak notes to the Financial Report, as an inseparable part of
terpisahkan dari Laporan Tahunan ini. this Annual Report.
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Laporan Posisi Keuangan Konsolidasian
Consolidated Statement of Financial Position
Posisi Keuangan (dalam USD ribu)
Financial Position (in USD thousand)
Pertumbuhan/(Penurunan)
Uraian | Description 2023 2022 Growth/(Decrease)
USD %
Aset | Assets
Aset Lancar | Current Assets 863.278 433.307 429.971 99,23
Investasi pada Entitas Asosiasi dan Ventura Bersama
40.644 23.841 16.803 70,48
Investment in Associates and Joint Ventures
Aset Tidak Lancar | Non-Current Assets 2.060.219 2.017.990 42.229 2,09
Jumlah Aset | Total Assets 2.964.141 2.475.138 489.003 19,76
Liabilitas | Liabilities
Liabilitas Jangka Pendek | Short-term Liabilities 244.104 857.782 (613.678) (71,54)
Liabilitas Jangka Panjang | Long-term Liabilities 748.781 361.815 386.966 106,95
Jumlah Liabilitas | Total Liabilities 992.885 1.219.597 (226.712) (18,59)
Ekuitas | Equity
Jumlah Ekuitas | Total Equity 1.971.256 1.255.541 715.715 57,00
Liabilitas dan Ekuitas | Liabilities and Equity 2.964.141 2.475.138 489.003 19,76
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ASET ASSETS
Pada tanggal 31 Desember 2023, Perseroan mencatat As of December 31, 2023, the Company recorded
jumlah aset sebesar USD2.964.141 ribu, mengalami total assets of USD2,964,141 thousand, an increase of
kenaikan sebesar USD489.003 ribu dibandingkan USD489,003 thousand compared to 2022. The increase
tahun 2022. Peningkatan jumlah aset didorong oleh in total assets was driven by proceeds from the Initial
penerimaan dana penawaran umum saham perdana Public Offering (IPO) in February 2023.
atau Initial Public Offering (IPO) pada Februari 2023.
Aset (dalam USD ribu)
Assets (in USD thousand)
Pertumbuhan/(Penurunan)
Uraian Growth/(Decrease)
2023 2022
Description
USD %
Aset Lancar | Current Assets 863.278 433.307 429.971 99,23
Aset Tidak Lancar | Non-Current Assets 2.100.863 2.041.831 59.032 2,89
Jumlah Aset | Total Assets 2.964.141 2.475.138 489.003 19,76
Aset Lancar Current Assets
Jumlah Aset Lancar Perseroan per 31 Desember 2023
The Company’s total current assets as of December
adalah sebesar USD863.278 ribu, meningkat 99,23%
31, 2023 were USD863,278 thousand, an increase of
dibandingkan periode yang sama tahun sebelumnya
99.23% compared to the same period in the previous
yang sebesar USD433.307 ribu. Peningkatan aset
year which amounted to USD433,307 thousand. The
lancar disebabkan oleh penerimaan dana IPO PGE
increase in current assets was caused by the receipt of
pada Februari 2023.
PGE IPO funds in February 2023.
Aset Lancar (dalam USD ribu)
Current Assets (in USD thousand)
Pertumbuhan/(Penurunan)
Uraian Growth/(Decrease)
2023 2022
Description
USD %
Kas dan Setara Kas | Cash and cash equivalents 677.717 262.302 415.415 158,37
Piutang Usaha | Trade receivables 136.291 123.223 13.068 10,61
Piutang Lain-lain | Other receivables 5.521 2.368 3.153 133,15
Persediaan | Inventories 22.644 20.082 2.562 12,76
Pajak Pertambahan Nilai ("PPN") yang Dapat Ditagihkan Kembali
- Bagian Lancar
5.492 2.673 2.819 105,46
Reimbursable Value Added Tax ("VAT") - Current Part
Biaya Dibayar Di Muka | Prepaid expenses 519 322 197 61,18
Aset Lain-lain | Other Assets 14.803 22.337 (7.534) (33,73)
Jumlah Aset Lancar | Total Current Assets 863.278 433.307 429.971 99,23
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Kas dan Setara Kas Cash and Cash Equivalents
Jumlah Kas dan Setara Kas Perseroan per 31 Desember The Company’s total cash and cash equivalents as of
2023 adalah sebesar USD677.717 ribu, meningkat December 31, 2023 was USD677,717 thousand, an
158,37% dibandingkan periode yang sama tahun increase of 158.37% compared to the same period
sebelumnya sebesar USD262.302 ribu. Peningkatan last year of USD262,302 thousand. The increase was
ditopang oleh penerimaan dana IPO PGE pada Februari sustained by the receipt of PGE IPO funds in February
2023. 2023.
Kas dan Setara Kas (dalam USD ribu)
Cash and Cash Equivalents (in USD thousand)
Pertumbuhan/(Penurunan)
Uraian Growth/(Decrease)
2023 2022
Description
USD %
Kas | Cash - 20 (20) (100,00)
Kas pada Bank | Cash at Bank 277.717 262.282 15.435 5,88
Deposito Jangka Pendek | Short Term Deposits 400.000 - 400.000 100,00
Jumlah Kas Dan Setara Kas
677.717 262.302 415.415 158,37
Total Cash and Cash Equivalents
Piutang Usaha Trade Receivables
Jumlah Piutang usaha Perseroan per 31 Desember 2023 The Company’s trade receivables as of December 31,
adalah sebesar USD136.291 ribu, meningkat 10,61% 2023 amounted to USD136,291 thousand, an increase
dibandingkan periode yang sama tahun sebelumnya of 10.61% compared to the same period last year of
sebesar USD123.223 ribu, disebabkan oleh realisasi USD123,223 thousand, due to the realization of greater
total penjualan yang lebih besar pada periode November total sales in the period of November to December
sampai dengan Desember 2023. Piutang usaha tahun 2023.The trade receivables for the year 2023, including
2023 termasuk piutang atas transaksi passthrough receivables from pass-through transactions, amounted to
sebesar USD 67.382 ribu. Pada Desember 2022 juga USD 67,382 thousand In December 2022, there was
terdapat penerimaan pembayaran lebih cepat atas also an early payment of receivables due in January
piutang yang jatuh tempo di bulan Januari 2023. 2023.
Piutang Usaha (dalam USD ribu)
Trade Receivables (in USD thousand)
Pertumbuhan/(Penurunan)
Uraian Growth/(Decrease)
2023 2022
Description
USD %
Pihak yang Berelasi | Related Parties 132.273 120.125 12.148 10,11
Pihak Ketiga | Third Parties 4.018 3.098 920 29,70
Jumlah Piutang Usaha | Total Trade Receivables 136.291 123.223 13.068 10,61
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Piutang Lain-lain Other Receivables
Jumlah Piutang lain-lain Perseroan per 31 Desember 2023 The Company’s other receivables as of December 31,
adalah sebesar USD5.521 ribu, meningkat 133,15% 2023 amounted to USD5,521 thousand, an increase
dibandingkan periode yang sama tahun sebelumnya of 133.15% compared to the same period last year
sebesar USD2.368 ribu. Peningkatan tersebut terjadi of USD2,368 thousand. The increase occurred due to
karena adanya kenaikan piutang lain pihak berelasi an increase in other receivables from related parties
atas dividen Anak Perusahaan PT Pertamina Hulu Energi for dividends of Subsidiary PT Pertamina Hulu Energi
Tahun 2022 dan adanya penggantian (reimbursement) Year 2022 and reimbursement for Corporate Social
atas kegiatan Tanggung Jawab Sosial Perusahaan atau Responsibility (CSR) activities from PT Pertamina (Persero).
Corporate Social Responsibility (CSR) dari PT Pertamina
(Persero).
Piutang lain-lain (dalam USD ribu)
Other Receivables (in USD thousand)
Pertumbuhan/(Penurunan)
Uraian Growth/(Decrease)
2023 2022
Description
USD %
Pihak yang Berelasi | Related Parties 5.420 2.337 3.083 131,92
Pihak Ketiga | Third Parties 101 31 70 225,81
Jumlah Piutang Lain-lain | Total Other Receivables 5.521 2.368 3.153 133,15
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Persediaan Inventories
Jumlah Persediaan Perseroan per 31 Desember 2023 The Company’s Inventories as of December 31, 2023
adalah sebesar USD22.644 ribu, meningkat 12,76% amounted to USD22,644 thousand, an increase of
dibandingkan periode yang sama tahun sebelumnya 12.76% compared to the same period last year of
sebesar USD20.082 ribu. Peningkatan Persediaan USD20,082 thousand. The increase in Inventories was
diakibatkan oleh meningkatnya kebutuhan material due to the increase in drilling material requirements
pemboran untuk kebutuhan area dan proyek geotermal for the Company’s geothermal areas and projects
Perseroan di sepanjang tahun 2023. throughout 2023.
Persediaan (dalam USD ribu)
Inventories (in USD thousand)
Pertumbuhan/(Penurunan)
Uraian Growth/(Decrease)
2023 2022
Description
USD %
Material Pemboran | Drilling Materials 12.410 13.524 (1.114) (8,24)
Suku Cadang | Spare Parts 5.982 4.942 1.040 21,04
Pipa | Pipes 4.623 1.580 3.043 192,59
Pelumas dan Bahan Kimia
38 36 2 5,56
Lubricants and Chemicals
Penyisihan Penurunan Nilai
(409) - (409) (100,00)
Allowance for decline in value
Jumlah Persediaan | Total Inventories 22.644 20.082 2.562 12,76
Biaya Dibayar Dimuka Prepaid Expenses
Jumlah Biaya Dibayar Dimuka Perseroan per 31 Desember The Company’s Prepaid Expenses as of December 31,
2023 adalah sebesar USD519 ribu, meningkat 61,18% 2023 amounted to USD519 thousand, an increase
dibandingkan periode yang sama tahun sebelumnya of 61.18% compared to the same period last year of
sebesar USD322 ribu. Peningkatan disebabkan oleh USD322 thousand. The increase was due to additional
penambahan premi asuransi properti yang dibayarkan property insurance premium paid by the Company.
oleh Perseroan.
Biaya Dibayar Dimuka (dalam USD ribu)
Prepaid Expenses (in USD thousand)
Pertumbuhan/(Penurunan)
Uraian Growth/(Decrease)
2023 2022
Description
USD %
Asuransi | Insurance 507 322 185 57,45
Biaya Perjalanan | Travel Expenses 12 - 12 100,00
Jumlah Biaya Dibayar Dimuka
519 322 197 61,18
Total Prepaid Expenses
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Aset Lain-lain Other Assets
Jumlah Aset Lain-lain Perseroan per 31 Desember 2023 The Company’s Other Assets as of December 31,
adalah sebesar USD14.803 ribu, menurun 33,73% 2023 amounted to USD14,803 thousand, a decrease
dibandingkan periode yang sama tahun sebelumnya of 33.73% compared to the same period last year of
yang sebesar USD22.337 ribu. Penurunan jumlah aset USD22,337 thousand. The decrease in the amount of
lain-lain terjadi karena sudah terealisasinya biaya-biaya other assets occurred due to the realization of IPO
inkremental IPO yang ditangguhkan sebagai pengurang incremental costs deferred as a deduction from the
tambahan modal disetor Perseroan. Company’s additional paid-in capital.
Aset Lain-lain (dalam USD ribu)
Other Assets (in USD thousand)
Pertumbuhan/(Penurunan)
Uraian Growth/(Decrease)
2023 2022
Description
USD %
Uang Muka Pihak Ketiga I Advances to Third Parties 13.205 13.329 (124) (0,93)
Uang Muka Pihak Relasi | Advances to Related Parties 1.430 1.418 12 0,85
Biaya yang Ditangguhkan | Deferred Expenses 168 7.590 (7.422) (97,79)
Jumlah Aset lain-lain | Total Other Assets 14.803 22.337 (7.534) (33.73)
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Aset Tidak Lancar Non-Current Assets
Aset tidak lancar Perseroan naik sebesar USD59.032 The company's non-current assets increased by
ribu karena penambahan aset USD39.293 ribu dan USD59,032 thousand due to an addition of USD39,293
investasi pada ventura bersama sebesar USD 11.640 thousand in assets and an investment in a joint venture
ribu. Ini merupakan dana komitmen untuk eksplorasi of USD11,640 thousand. This represents committed funds
WKP Way Ratai. for the exploration of the WKP Way Ratai.
Aset Tidak Lancar (dalam USD ribu)
Non-Current Assets (in USD thousand)
Pertumbuhan/(Penurunan)
Uraian Growth/(Decrease)
2023 2022
Description
USD %
Piutang Lain-lain Pihak Berelasi
8.256 8.533 (277) (3,25)
Other Receivables Related Parties
Aset Tetap, Bersih | Fixed Assets, Net 1.941.009 1.901.716 39.293 2,07
Aset Hak Guna, Bersih | Right of Use Assets, Net 1.927 3.787 (1.860) (49,12)
Investasi pada ventura bersama |Investment in joint ventures 11.640 0 11.640 100
PPN yang Dapat Ditagihkan Kembali – Bagian Tidak Lancar
108.985 103.912 5.073 4,88
Reimbursable VAT – Non-Current Portion
Aset Keuangan yang Dinilai Pada Nilai Wajar Melalui
Pendapatan Komprehensif Lain
29.004 23.841 5.163 21,66
Financial Assets Measures at Fair Value Through Other
Comprehensive Income
Aset Lain-lain, Bersih | Other Assets, Net 42 42 0 0
Jumlah Aset Tidak Lancar
2.100.863 2.041.831 59.032 2,89
Total Non-Current Assets
Piutang Lain-lain Pihak Berelasi Other Receivables from Related
Parties
Jumlah Piutang Lain-lain Pihak yang Berelasi per 31 Total Other Receivables from Related Parties as of
Desember 2023 adalah sebesar USD8.256 ribu, December 31, 2023 was USD8,256 thousand, a
menurun 3,25% dibandingkan periode yang sama tahun decrease of 3.25% compared to the same period last
sebelumnya yang sebesar USD8.533 ribu. Penurunan year which amounted to USD8,533 thousand. The
terjadi karena proses reklasifikasi porsi jangka pendek decrease occurred due to the reclassification of short-term
dari piutang jangka panjang atas serah terima transmisi portions from long-term receivables for the handover of
PLTP Lahendong unit 5 & 6 dan PLTP Karaha. transmission of Lahendong PLTP units 5 & 6 and Karaha
PLTP.
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Aset Tetap Fixed Assets
Jumlah Aset Tetap Perseroan per 31 Desember 2023 Total Fixed Assets of the Company as of 31 December
adalah sebesar USD1.941.009 ribu, meningkat 2023 amounted to USD1,941,009 thousand, an
2,07% dibandingkan periode yang sama tahun increase of 2.07% compared to the same period last
sebelumnya sebesar USD1.901.716 ribu karena year of USD1,901,716 thousand due to additional
adanya penambahan kapitalisasi aset tetap. capitalisation of fixed assets.
Aset Hak Guna Right of Use Assets
Jumlah Aset Hak Guna Perseroan per 31 Desember The Company’s Right of Use Assets as of December 31,
2023 adalah sebesar USD1.927 ribu menurun 49,12% 2023 amounted to USD1,927 thousand, a decrease
dibandingkan periode yang sama tahun sebelumnya of 49.12% compared to the same period last year of
sebesar USD3.787 ribu. Penurunan terutama disebabkan USD3,787 thousand. The decrease was mainly due to
oleh penambahan akumulasi penyusutan Aset Hak Guna the addition of accumulated depreciation of Right of Use
selama tahun 2023. Assets during 2023.
Aset Hak Guna (dalam USD ribu)
Right of Use Assets (in USD thousand)
Pertumbuhan/(Penurunan)
Uraian Growth/(Decrease)
2023 2022
Description
USD %
Biaya Perolehan | Acquisition Cost:
Kendaraan | Vehicle 1.577 753 824 109,43
Gedung | Building 4.600 5.519 (919) (16,65)
Jumlah Biaya Perolehan | Total Acquisition Cost 6.177 6.272 (95) (1,51)
Akumulasi Penyusutan | Accumulated Depreciation:
Kendaraan | vehicle (402) (732) 330 (45,08)
Gedung | building (3.848) (1.753) (2.095) 119,51
Jumlah Akumulasi Penyusutan | Total Accumulated
(4.250) (2.485) (1.765) 71,03
Depreciation
Jumlah Aset Hak Guna | Total Right of Use Assets 1.927 3.787 (1.860) (49,12)
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PPN yang Dapat Ditagihkan Kembali Reimbursable VAT - Non-Current
– Bagian Tidak Lancar Portion
Jumlah PPN Yang Dapat Ditagihkan Kembali – Bagian The Reimbursable VAT - Non-Current Portion of the
Tidak Lancar Perseroan per 31 Desember 2023 Company as of December 31, 2023 was USD108,985
adalah sebesar USD108.985 ribu, meningkat 4,88% thousand, an increase of 4.88% compared to the same
dibandingkan periode yang sama tahun sebelumnya period last year of USD103,912 thousand. The increase
sebesar USD103.912 ribu. Peningkatan terjadi karena occurred due to the addition of VAT balances that have
penambahan saldo PPN yang belum diajukan untuk not been submitted for reimbursement by the Company
reimburse oleh Perseroan selama periode 2023. during the period of 2023.
Aset Keuangan yang Dinilai pada Financial Assets at Fair Value
Nilai Wajar Melalui Pendapatan Through Other Comprehensive
Komprehensif Lain Income
Jumlah Aset Keuangan yang Dinilai pada Nilai Wajar Total Financial Assets at Fair Value Through Other
Melalui Pendapatan Komprehensif Lain Perseroan per Comprehensive Revenue of the Company as of December
31 Desember 2023 adalah sebesar USD29.004 ribu, 31, 2023 amounted to USD29,004 thousand, an
meningkat 21,66% dibandingkan periode yang sama increase of 21.66% compared to the same period last
tahun sebelumnya sebesar USD23.841 ribu. Peningkatan year of USD23,841 thousand. The increase was driven
didorong oleh penyesuaian nilai wajar investasi by the fair value adjustment of the Company’s investment
Perusahaan di entitas anak PT Pertamina Hulu Energi. in PT Pertamina Hulu Energi’s subsidiary.
Aset Lain-Lain, Bersih Other Assets, Net
Jumlah Aset Lain-lain Perseroan per 31 Desember 2023 The Company’s Other Assets as of December 31,
adalah sebesar USD42 ribu, masih tetap dibandingkan 2023 amounted to USD42 thousand, which remained
periode yang sama tahun sebelumnya sebesar USD42 flat compared to the same period last year of USD42
ribu. thousand.
Aset Lain-lain (dalam USD ribu)
Other Assets (in USD thousand)
Pertumbuhan/(Penurunan)
Uraian Growth/(Decrease)
2023 2022
Description
USD %
Persediaan Usang dan Tidak Terpakai
299 299 0 0
Obsolete and Unused Inventories
Aset Tetap Tidak Terpakai, Bersih
42 42 0 0
Unused Fixed Assets, Net
Sub Jumlah | Sub Total 341 341 0 0
Penyisihan Persediaan Usang dan Tidak Terpakai
(299) (299) 0 0
Allowance for Obsolete and Unused Inventories
Jumlah Aset Lain-lain | Total Other Assets 42 42 0 0
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LIABILITAS LIABILITIES
Jumlah Liabilitas Perseroan per 31 Desember 2023 The Company’s total liabilities as of December 31, 2023
adalah sebesar USD992.885 ribu, menurun 18,59% was USD992,885 thousand, a decrease of 18.59%
dibandingkan periode yang sama tahun sebelumnya compared to the same period last year of USD1,219,597
sebesar USD1.219.597 ribu. Penurunan disebabkan thousand. The decrease was due to the repayment of a
oleh pelunasan bridging loan di bulan Mei 2023. bridging loan in May 2023.
Liabilitas (dalam USD ribu)
Liabilities (in USD thousand)
Pertumbuhan/(Penurunan)
Growth/(Decrease)
Uraian
2023 2022
Description
USD %
Liabilitas | Liabilities
Liabilitas Jangka Pendek | Short-Term Liabilities 244.104 857.782 (613.678) (71,54)
Liabilitas Jangka Panjang | Long-Term Liabilities 748.781 361.815 386.966 106,95
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Liabilitas Jangka Pendek Current Liabilities
Jumlah Liabilitas Jangka Pendek Perseroan per 31 The Company’s Current Liabilities as of December 31,
Desember 2023 adalah sebesar USD244.104 ribu, 2023 amounted to USD244,104 thousand, decreased
menurun 71,54% dibandingkan periode yang sama by 71.54% compared to the same period last year of
tahun sebelumnya sebesar USD857.782 ribu karena USD857,782 thousand due to the repayment of bridging
adanya pelunasan bridging loan di bulan Mei 2023. loan in May 2023.
Liabilitas Jangka Pendek (dalam USD ribu)
Current Liabilities (in USD thousand)
Pertumbuhan/(Penurunan)
Growth/(Decrease)
Uraian
2023 2022
Description
USD %
Utang Usaha | Trade Payables 82.520 65.556 16.964 25,88
Utang Lain-lain Pihak yang Berelasi
25.952 97.696 (71.744) (73,44)
Other Payables Related Parties
Pinjaman Bank Jangka Pendek
- 600.000 (600.000) (100,00)
Short-term Bank Loans
Pinjaman Jangka Pendek yang Akan Jatuh Tempo dalam
Satu Tahun 15.500 15.580 (80) (0,51)
Current Maturities of Long-Term Loans
Liabilitas Sewa yang Akan Jatuh Tempo dalam Satu Tahun
910 1.864 (954) (51,18)
Current Maturities of Lease Liabilities
Utang Pajak | Taxes Payable 18.007 10.860 7.147 65,81
Biaya yang Masih Harus Dibayar
83.333 37.437 45.896 122,60
Accrued Expenses
Imbalan Kerja Jangka Pendek
17.671 28.505 (10.834) (38,01)
Short-term Employee Benefits
Pendapatan Tangguhan
211 284 (73) (25,70)
Deferred Revenue
Jumlah Liabilitas Jangka Pendek
244.104 857.782 (613.678) (71,54)
Total Current Liabilities
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Utang Usaha Trade Payables
Jumlah Utang Usaha Perseroan per 31 Desember 2023 The Company’s Trade Payables as of December 31,
adalah sebesar USD82.520 ribu, meningkat 25,88% 2023 was USD82,520 thousand, an increase of 25.88%
dibandingkan periode yang sama tahun sebelumnya compared to the same period last year of USD65,556
sebesar USD65.556 ribu. Peningkatan disebabkan thousand. The increase was due to the partial payable of
oleh masih terutangnya sebagian utang atas transaksi passthrough transaction to JOC contractor which is due
passthrough kepada kontraktor KOB yang jatuh tempo di in January 2024.
bulan Januari 2024.
Utang Usaha (dalam USD ribu)
Trade Payables (in USD thousand)
Pertumbuhan/(Penurunan)Growth/
Uraian (Decrease)
2023 2022
Description
USD %
Pihak yang Berelasi | Related Parties 4.543 1.782 2.761 154,94
Pihak Ketiga | Third Parties 77.977 63.774 14.203 22,27
Jumlah Utang Usaha | Total Trade Payables 82.520 65.556 16.964 25,88
Pinjaman Bank Jangka Pendek Short-Term Bank Loans
Jumlah Pinjaman Bank Jangka Pendek Perseroan per 31 The Company’s Short-Term Bank Loans as of December
Desember 2023 adalah sebesar USD0. Angka tersebut 31, 2023 amounted to USD0. This figure decreased from
turun dari tahun lalu senilai USD600.000 ribu yang last year’s USD600,000 thousand which was a bridging
merupakan pinjaman bridging loan yang telah dilunasi loan that was repaid in May 2023.
pada bulan Mei 2023.
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Jumlah Pinjaman Jangka Pendek yang Total Current Maturities of Long-Term
Akan Jatuh Tempo dalam Satu Tahun Loans
Jumlah Pinjaman Jangka Pendek yang Akan Jatuh Tempo The Company’s Total Current Maturities of Long-Term
Dalam Satu Tahun Perseroan per 31 Desember 2023 Loans as of December 31, 2023 was USD15,500
adalah sebesar USD15.500 ribu, atau turun 0,51% thousand, a decrease of 0.51% compared to the same
dibandingkan periode yang sama tahun sebelumnya period last year of USD15,580 thousand. The decrease
yang sebesar USD15.580 ribu. Penurunan disebabkan was due to the weakening of the Yen against the USD,
oleh pelemahan mata uang Yen terhadap USD, sehingga so that the principal loan denominated in Yen was
pokok pinjaman dalam mata uang Yen ditranslasikan translated lower.
lebih rendah.
Pinjaman Jangka Pendek yang akan Jatuh Tempo dalam Satu Tahun (dalam USD ribu)
Current Maturities of Long-Term Loans (in USD thousand)
Pertumbuhan/(Penurunan)
Growth/(Decrease)
Uraian
2023 2022
Description
USD %
Dolar AS | US Dollar 9.223 8.913 310 3,48
Yen 6.277 6.667 (390) (5,85)
Jumlah Pinjaman Jangka Pendek yang Akan Jatuh Tempo
dalam Satu Tahun
15.500 15.580 (80) (0,51)
Total Current Maturities of Long-Term Loans
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Utang Pajak Tax Payables
Jumlah Utang Pajak Perseroan per 31 Desember 2023 The Company’s Tax Payables as of December 31, 2023
adalah sebesar USD18.007 ribu, meningkat 65,81% was USD18,007 thousand, an increase of 65.81%
dibandingkan periode yang sama tahun sebelumnya compared to the same period last year of USD10,860
sebesar USD10.860 ribu. Kenaikan terjadi akibat thousand. The increase occurred due to an increase
peningkatan PPh Pasal 29 Triwulan IV tahun 2023 in Income Tax Article 29 in the fourth quarter of 2023
dibandingkan dengan Triwulan IV tahun 2022, yang compared to the fourth quarter of 2022, which was
sejalan dengan peningkatan laba tahun berjalan. aligned with the increase in profit for the year.
Utang Pajak (dalam USD ribu)
Tax Payable (in USD thousand)
Pertumbuhan/(Penurunan)
Uraian Growth/(Decrease)
2023 2022
Description
USD %
Pajak Penghasilan | Income Tax
● Pasal 4(2) | Article 4(2) 44 317 (273) (86,12)
● Pasal 21 | Article 21 2.164 372 1.792 481,72
● Pasal 23 | Article 23 205 314 (109) (34,71)
● Pasal 29 | Article 29 14.073 8.617 5.456 63,32
Kurang Bayar Beban Pajak Penghasilan
91 0 91 100,00
Underpayment of Income Tax Expense
PPN | VAT 1.430 1.240 190 15,32
Jumlah Utang Pajak | Total Tax Payable 18.007 10.860 7.147 65,81
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Biaya yang Masih Harus Dibayar Accrued Expenses
Jumlah Biaya yang Masih Harus Dibayar Perseroan per The Company’s Accrued Expenses as of December 31,
31 Desember 2023 adalah sebesar USD83.333 ribu, 2023 amounted to USD83,333 thousand, an increase
meningkat 122,60% dibandingkan periode yang sama of 122.60% compared to the same period last year
tahun sebelumnya sebesar USD37.437 ribu. Peningkatan of USD37,437 thousand. The increase was due to an
disebabkan oleh peningkatan biaya yang masih harus increase in accrued co sts related to the Lumut Balai
dibayar terkait dengan pekerjaan proyek EPCC Lumut Unit 2 EPCC project work.
Balai Unit 2.
Biaya yang Masih Harus Dibayar (dalam USD ribu)
Accrued Expenses (in USD thousand)
Pertumbuhan/(Penurunan)
Uraian Growth/(Decrease)
2023 2022
Description
USD %
Kontrak Barang dan Jasa | Material and Service Contracts
● Pihak yang Berelasi | Related Parties 7.259 2.560 4.699 183,55
● Pihak Ketiga | Third Parties 64.007 28.088 35.919 127,88
Lain-lain | Others 12.067 6.789 5.278 77,74
Jumlah Biaya yang Masih Harus Dibayar
83.333 37.437 45.896 122,60
Total Accrued Expenses
Imbalan Kerja Jangka Pendek Short-term Employee Benefits
Jumlah Imbalan Kerja Jangka Pendek Perseroan per 31 The Company’s Short-Term Employee Benefits as of
Desember 2023 mencapai USD17.761 ribu, menurun December 31, 2023 reached USD17,761 thousand, a
38,01% dibandingkan periode yang sama tahun decrease of 38.01% compared to the same period last
sebelumnya yang sebesar USD28.505 ribu. Penurunan year of USD28,505 thousand. The decrease occurred
terjadi akibat penyesuaian pencatatan akrual atas due to the adjustment of the recording of accruals for
insentif karyawan Perseroan. the Company’s employee incentives.
Imbalan Kerja Jangka Pendek (dalam USD ribu)
Short-Term Employee Benefits (in USD thousand)
Pertumbuhan/(Penurunan)
Uraian Growth/(Decrease)
2023 2022
Description
USD %
Insentif Karyawan - Pihak Ketiga
17.671 28.505 (10.834) (38,01)
Employee Incentives – Third Parties
Jumlah Imbalan Kerja Jangka Pendek
17.671 28.505 (10.834) (38,01)
Total Short-Term Employee Benefits
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Pendapatan Tangguhan Deferred Revenue
Jumlah Pendapatan Tangguhan Perseroan The Company’s total deferred revenue as of
per 31 Desember 2023 adalah sebesar USD211 ribu, December 31, 2023 was USD211 thousand, or
atau menurun 25% dibandingkan periode yang sama decreased by 25% compared to the same period last
tahun sebelumnya USD284 ribu. Penurunan terjadi year of USD284 thousand. The decrease was due to the
karena menurunnya provisi production allowance KOB decrease in production allowance provision of KOB Sarulla
Sarulla Operation Limited (SOL) yang diterima di muka Operation Limited (SOL) received in advance by PGE.
oleh PGE.
Liabilitas Jangka Panjang Long-Term Liabilities
Jumlah Liabilitas Jangka Panjang Perseroan per 31 Total Long-Term Liabilities of the Company as of December
Desember 2023 adalah sebesar USD748.781 ribu, 31, 2023 amounted to USD748,781 thousand, an
meningkat 106,95% dibandingkan periode yang increase of 106.95% compared to the same period last
sama tahun sebelumnya sebesar USD361.815 ribu. year of USD361,815 thousand. The increase in Long-
Peningkatan Liabilitas Jangka Panjang disebabkan oleh Term Liabilities was due to the issuance of green bonds
penerbitan surat utang berwawasan lingkungan (green by the Company in 2023.
bond) oleh Perseroan di tahun 2023.
Liabilitas Jangka Panjang (dalam USD ribu)
Long-Term Liabilities (in USD thousand)
Pertumbuhan/(Penurunan)
Growth/(Decrease)
Uraian
2023 2022
Description
USD %
Liabilitas Pajak Tangguhan, Bersih
15.466 13.903 1.563 11,24
Deferred Tax Liabilities, Net
Liabilitas Sewa Setelah Dikurangi Bagian yang Jatuh
Tempo dalam Satu Tahun 1.113 160 953 595,63
Lease Liabilities Net of Current Maturities
Pinjaman Jangka Panjang Setelah Dikurangi Bagian yang
Akan Jatuh Tempo dalam Satu Tahun 315.083 327.704 (12.621) (3,85)
Long-Term Loans Net of Current Maturities
Utang Obligasi
398.236 0 398.326 100
Bonds Payable
Imbalan Kerja Jangka Panjang
13.425 14.644 (1.219) (8,32)
Long-Term Employee Benefits
Kewajiban Jangka Panjang Lainnya
5.458 5.404 54 1,00
Other Long-Term Liabilities
Jumlah Liabilitas Jangka Panjang
748.781 361.815 386.966 106,95
Total Long-Term Liabilities
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Liabilitas Pajak Tangguhan Deferred Tax Liabilities
Jumlah Liabilitas Pajak Tangguhan Perseroan The Company’s Deferred Tax Liabilities as of
per 31 Desember 2023 tercatat USD15.466 ribu, December 31, 2023 was recorded at USD15,466
meningkat 11,24% dibandingkan periode yang sama thousand, an increase of 11.24% compared to the same
tahun sebelumnya sebesar USD13.903 ribu. Peningkatan period last year of USD13,903 thousand. The increase
tersebut disebabkan peningkatan perbedaan sementara was due to an increase in temporary differences in
biaya produksi antara komersial dan fiskal. production costs between commercial and fiscal.
Liabilitas Pajak Tangguhan (dalam USD ribu)
Deferred Tax Liabilities (in USD thousand)
Pertumbuhan/(Penurunan)
Uraian Growth/(Decrease)
2023 2022
Description
USD %
Provisi Imbalan Pekerja Perbantuan
(1.386) (1.158) (228) (19,69)
Provision for Employee Benefits
Provisi Imbalan Karyawan Perusahaan
(5.035) (5.659) 624 11,03
Provision for Employee Benefits of the Company
Perubahan Nilai Wajar Aset Keuangan
9.860 8.105 1.755 21,65
Change in Fair Value of Financial Assets
Aset Hak Guna
(33) 599 (632) (105,51)
Right of Use Assets
Provisi atas PPN yang Dapat Ditagihkan
(2.102) (2.102) - -
Provision for VAT Recoverable
Perbedaan Nilai Buku Aset Tetap Komersial dan Fiskal
14.162 14.118 44 0,31
Difference in Book Value of Commercial and Fiscal Fixed Assets
Jumlah Liabilitas Pajak Tangguhan
15.466 13.903 1.563 11,24
Total Deferred Tax Liabilities
Liabilitas Sewa Setelah Dikurangi Lease Liabilities Net of Current
Bagian Yang Jatuh Tempo Dalam Satu Maturities
Tahun
Jumlah Liabilitas Sewa Setelah Dikurangi Bagian Total lease liabilities net of current maturities as of
Yang Jatuh Tempo Dalam Satu Tahun Perseroan per December 31, 2023 amounted to USD1,113 thousand,
31 Desember 2023 adalah sebesar USD1.113 ribu, a decrease of 595.63% compared to USD160 thousand
menurun 595,63% dibandingkan periode yang sama in the same period last year. The decrease occurred
tahun sebelumnya USD160 ribu. Penurunan terjadi due to lease payments in the current year, which in
karena pembayaran sewa tahun berjalan, dimana sesuai accordance with PSAK 73 will reduce lease liabilities.
PSAK 73 akan mengurangi liabilitas sewa.
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Pinjaman Jangka Panjang Setelah Long-term Loans Net of Current
Dikurangi Bagian Yang Akan Jatuh Maturities
Tempo Dalam Satu Tahun
Jumlah Pinjaman Jangka Panjang Setelah Dikurangi Total Long-Term Loans Net of Current Maturities as
Bagian Yang Akan Jatuh Tempo Dalam Satu Tahun of December 31, 2023 amounted to USD315,083
Perseroan per 31 Desember 2023 adalah sebesar thousand, a decrease of 3.85% compared to the
USD315.083 ribu, menurun 3,85% dibandingkan periode same period last year of USD327,704 thousand.
yang sama tahun sebelumnya sebesar USD327.704 ribu.
Penurunan disebabkan oleh pembayaran pokok pinjaman The decrease was due to the principal repayment of
utang yang jatuh tempo di tahun 2022 dan pelemahan debt borrowings due in 2022 and the weakening of Yen
mata uang Yen terhadap USD, sehingga pinjaman against USD, so that long-term loans denominated in
jangka panjang dalam mata uang Yen ditranslasikan Yen were translated lower although the value was higher
lebih rendah meskipun nilainya lebih tinggi dibandingkan compared to the balance as of 31 December 2022.
dengan saldo per 31 Desember 2022.
Pinjaman Jangka Pendek yang akan Jatuh Tempo dalam Satu Tahun (dalam USD ribu)
Short-term Loans with Maturities within One Year (in USD thousand)
Pertumbuhan/(Penurunan)
Growth/(Decrease)
Uraian
2023 2022
Description
USD %
Dolar AS | US Dollar 226.727 236.144 (9.377) (3,97)
Yen 88.316 91.560 (3.244) (3,54)
Jumlah Pinjaman Jangka Panjang setelah Dikurangi Bagian
yang akan Jatuh Tempo dalam Satu Tahun 315.083 327.704 (12.621) (3,85)
Total Long-Term Loans Net of Maturities within One Year
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Liabilitas Imbalan Kerja Karyawan Employee Benefits Liabilities
Total Employee Benefits Liabilities of the Company as of
Jumlah Liabilitas Imbalan Kerja Karyawan Perseroan
December 31, 2023 amounted to USD13,425 thousand,
per 31 Desember 2023 adalah sebesar USD13.425
decreased by 8.32% compared to the same period last
ribu, menurun 8,32% dibandingkan periode yang sama
year of USD14,644 thousand. The decrease was due to
tahun sebelumnya sebesar USD14.644 ribu. Penurunan
the funding of employee benefits made by the Company
disebabkan oleh adanya funding atas imbalan kerja
during 2023.
karyawan yang dilakukan oleh perusahaan selama
tahun 2023.
Liabilitas Imbalan Kerja Karyawan (dalam USD ribu)
Employee Benefit Liabilities (in USD thousand)
Pertumbuhan/(Penurunan)
Growth/(Decrease)
Uraian
2023 2022
Description
USD %
Imbalan Pasca Kerja | Post-Employment Benefits
● Karyawan Direct Hire
8.992 10.977 (1.985) (18,08)
Direct Hire Employees
● Karyawan Secondee
4.078 3.407 671 19,69
Secondee Employees
Imbalan Kerja Jangka Panjang Lainnya | Other Long-Term Employee Benefits
● Karyawan Direct Hire
355 260 95 36,54
Direct Hire Employees
Jumlah Liabilitas Imbalan Kerja Karyawan
13.425 14.644 (1.219) (8,32)
Total Employee Benefit Liabilities
Kewajiban Jangka Panjang Lainnya Other Long-Term Liabilities
Jumlah kewajiban jangka panjang lainnya Perseroan per The Company’s other long-term liabilities as of December
31 Desember 2023 adalah sebesar USD5.458 ribu, 31, 2023 amounted to USD5,458 thousand, which is a
yang merupakan provisi pencadangan nilai kewajiban provision for reserves for the value of employee pension
program kesehatan pensiun pekerja. health program obligations.
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EKUITAS EQUITY
Jumlah Ekuitas Perseroan per 31 Desember 2023 Total Company Equity as of December 31, 2023 was
adalah sebesar USD1.971.256 ribu, meningkat 57,00% USD1,971,256 thousand, an increase of 57.00%
dibandingkan periode yang sama tahun sebelumnya compared to the same period the previous year of
sebesar USD1.255.541 ribu. Peningkatan Jumlah Ekuitas USD1,255,541 thousand. The increase in Total Equity
terjadi karena penambahan modal saham dan tambahan occurred due to additional share capital and additional
modal disetor atas aksi korporasi IPO Perseroan. paid-in capital due to the Company’s IPO corporate
action.
Ekuitas (dalam USD ribu)
Equity (in USD thousand)
Pertumbuhan/(Penurunan)
Growth/(Decrease)
Uraian
2023 2022
Description
USD %
Modal Saham | Share Capital 1.470.520 1.102.855 367.665 33,34
Tambahan Modal Disetor
183.525 (27.804) 211.329 760,07
Additional Paid-up Capital
Pendapatan Komprehensif Lainnya
19.140 15.732 3.408 21,66
Other Comprehensive Revenue
Saldo Laba | Retained Earnings 298.295 164.958 133.337 80,83
Jumlah Ekuitas yang Didistribusikan Kepada Pemilik Entitas
Induk 1.971.480 1.255.741 715.739 57,00
Total Equity Distributed to Owners of the Parent Entity
Kepentingan Non-Pengendali
(224) (200) (24) 12,00
Non-Controlling Interest
Jumlah Ekuitas | Total Equity 1.971.256 1.255.541 715.715 57,00
Pendapatan Komprehensif Lainnya Other Comprehensive Revenue
Jumlah Pendapatan Komprehensif Lainnya Perseroan Total Other Comprehensive Revenue of the Company
per 31 Desember 2023 mencapai USD19.140 ribu, as of December 31, 2023 reached USD19,140
meningkat 21,66% dibandingkan periode yang sama thousand, an increase of 21.66% compared to the
tahun sebelumnya sebesar USD15.732 ribu. Peningkatan same period last year of USD15,732 thousand.
disebabkan oleh pengukuran kembali nilai wajar atas The increase was due to the remeasurement of fair
investasi dalam perusahaan asosiasi, sesuai dengan value of investment in associated companies, in
penerapan PSAK 71. accordance with the implementation of PSAK 71.
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Saldo Laba Retained Earnings
Jumlah Saldo Laba Perseroan per 31 Desember 2023 The Company’s Retained Earnings as of December 31,
adalah sebesar USD298.295 ribu, meningkat 80,83% 2023 amounted to USD298,295 thousand, an increase
dibandingkan periode yang sama tahun sebelumnya of 80.83% compared to the same period last year of
sebesar USD164.958 ribu, seiring dengan peningkatan USD164,958 thousand, in line with the increase in profit
laba tahun berjalan 2023. for the year 2023.
Saldo Laba (dalam USD ribu)
Retained Earnings (in USD thousand)
Pertumbuhan/(Penurunan)
Growth/(Decrease)
Uraian
2023 2022
Description
USD %
Ditentukan Penggunaannya | Appropriated 132.269 104.950 27.319 26,03
Belum Ditentukan Penggunaannya | Unappropriated 166.026 60.008 106.018 176,67
Jumlah Saldo Laba | Total Retained Earnings 298.295 164.958 133.337 80,83
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Laporan Laba Rugi Komprehensif
Statement of Comprehensive Profit or Loss
Tabel Laporan Laba Rugi Komprehensif (dalam USD ribu)
Table of Statement of Comprehensive Profit or Loss (in USD thousand)
Pertumbuhan/
(Penurunan)Growth/
Uraian
2023 2022 (Decrease)
Description
USD %
Pendapatan Usaha | Operating Revenue 406.288 386.068 20.220 5,24
Beban Pokok Pendapatan dan Beban Langsung Lainnya
(178.977) (173.208) (5.769) 3,33
Cost of revenue and other direct cost
Laba Bruto | Gross Profit 227.311 212.860 14.451 6,79
Beban Umum dan Administrasi
(5.526) (11.801) 6.275 (53,17)
General and Administrative Expenses
Pendapatan Keuangan | Finance Income 22.171 1.202 20.969 1.744,51
(Beban)/Pendapatan Lain-lain, Bersih
21.220 7.322 13.898 189,81
Other (Expenses)/Other Income, Net
Laba Usaha | Operating Profit 265.176 209.583 55.593 26,53
Beban keuangan | Finance Cost (24.215) (14.822) (9.393) 63,37
Laba sebelum Beban Pajak Penghasilan
240.961 194.761 46.200 23,72
Profit before Income Tax Expense
Beban Pajak Penghasilan
(77.391) (67.442) (9.949) 14,75
Income Tax Expense
Laba Tahun Berjalan | Profit for the Year 163.570 127.319 36.251 28,47
Penghasilan/(Rugi) Komprehensif Lain, Neto Setelah Pajak
3.137 (831) 3.968 (477,50)
Other Comprehensive Income/(Loss), Net After Tax
Jumlah Penghasilan Komprehensif Tahun Berjalan
166.707 126.488 40.219 31,80
Total Comprehensive Income for the Year
Laba/(Rugi) Tahun Berjalan yang Dapat Diatribusikan Kepada:
Profit/(Loss) for the Year Attributable to:
● Pemilik Entitas Induk
163.594 127.340 36.254 28,47
Owners of the parent entity
● Kepentingan Non Pengendali (24) (21) (3) 14,29
Non-Controlling Interests
Penghasilan/(Rugi) Komprehensif Tahun Berjalan yang Dapat Diatribusikan Kepada:
Comprehensive Income/(Loss) for the Year Attributable to:
● Pemilik Entitas Induk 166.731 126.509 40.222 31,79
Owners of the parent entity
● Kepentingan Non Pengendali (24) (21) (3) 14,29
Non-Controlling Interests
Jumlah Lembar Saham (satuan)
41.396.142 31.046.142.000 10.350.000 33,34
Number of Shares (unit)
Laba per saham dasar diatribusikan kepada pemilik entitas
induk (nilai penuh)
0,0040 0,0041 (0,0001) (3,63)
Earnings per share attributable to owners of the parent entity (full
amount)
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PENDAPATAN USAHA OPERATING REVENUE
Jumlah Pendapatan Usaha Perseroan per 31 Desember The Company’s total operating revenue as of December
2023 mencapai USD406.288 ribu meningkat 5,24% 31, 2023 reached USD406,288 thousand an increase
dibandingkan periode yang sama tahun sebelumnya of 5.24% compared to the same period last year of
sebesar USD386.068 ribu. Peningkatan Pendapatan USD386,068 thousand. The increase in operating
Usaha ditopang oleh kenaikan harga jual panas bumi revenue was supported by an increase in geothermal
yang didorong oleh kenaikan Indeks Harga Produsen selling prices driven by an increase in the US Producer
dan Konsumen Amerika Serikat pada akhir tahun 2023, and Consumer Price Index at the end of 2023, as well as
serta suplai produksi yang lebih tinggi dibandingkan higher production supply compared to 2022.
tahun 2022.
Pendapatan Usaha (dalam USD ribu)
Operating Revenue (in USD thousand)
Pertumbuhan/(Penurunan)
Uraian Growth/(Decrease)
2023 2022
Description
USD %
Penjualan Operasi Sendiri | Own Operation Sales
PT Indonesia Power
● Kamojang 67.236 64.331 2.905 4,52
● Lahendong 3.488 - 3.488 100,00
● Ulubelu 2.542 - 2.542 100,00
PLN
● Ulubelu 111.784 107.971 3.813 3,53
● Lahendong 76.308 79.900 (3.592) (4,50)
● Kamojang 76.893 76.317 576 0,75
● Lumut Balai 39.311 36.620 2.691 7,35
● Karaha 8.931 6.795 2.136 31,43
Sub Jumlah 386.493 371.934 14.559 3,91
Production Allowance 19.795 14.134 5.661 40,05
Jumlah Pendapatan Usaha
406.288 386.068 20.220 5,24
Total Operating Revenue
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BEBAN POKOK PENDAPATAN DAN COST OF REVENUE AND
BEBAN LANGSUNG LAINNYA OTHER DIRECT COSTS
Jumlah Beban Pokok Pendapatan dan Beban Langsung Total Cost of Revenue and Other Direct Costs of the
Lainnya Perseroan per 31 Desember 2023 tercatat Company as of December 31, 2023 was recorded
USD178.977 ribu, meningkat 3,33% dibandingkan at USD178,977 thousand, an increase of 3.33%
periode yang sama tahun sebelumnya USD173.208 ribu. compared to the same period last year of USD173,208
Peningkatan terutama disebabkan oleh kenaikan beban thousand. The increase was mainly due to an increase in
penyusutan atas aset tetap perusahaan, tenaga kerja dan depreciation expenses on the Company’s fixed assets,
jasa profesional, serta jasa teknik yang diperlukan oleh labor, and professional services, as well as engineering
Perseroan dalam hal menunjang kegiatan operasional. services required by the Company in terms of supporting
operational activities.
Beban Pokok Pendapatan dan Beban Langsung Lainnya (dalam USD ribu)
Cost of Revenue and Other Direct Costs (in USD thousand)
Pertumbuhan/(Penurunan)Growth/
Uraian (Decrease)
2023 2022
Description
USD %
Beban penyusutan | Depreciation expense 110.631 107.028 3.602 3,37
Upah dan Tunjangan | Wages and Allowances 33.373 43.523 (10.150) (23,32)
Tenaga Kerja dan Jasa Professional
12.918 7.677 5.241 68,27
Manpower and Professional Services
Jasa Teknik | Technical/ Specialist Service 7.289 4.133 3.156 76,36
Sewa | Lease 3.409 3.035 374 12,32
Material dan Peralatan | Materials and Equipment 3.212 2.761 451 16,33
Perjalanan Dinas | Business Trip 2.502 1.406 1.096 77,95
Asuransi | Insurance 1.049 1.006 43 4,27
Lain-lain | Others 4.594 2.639 1.955 74,08
Jumlah Beban Pokok Pendapatan dan Beban Langsung
Lainnya 178.977 173.208 5.769 3,33
Total Cost of Revenue and Other Direct Cost
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LABA BRUTO GROSS PROFIT
Jumlah Laba Bruto Perseroan per 31 Desember 2023 Total Gross Profit of the Company as of December 31,
adalah sebesar USD227.311 ribu, meningkat 6,79% 2023 was USD227,311 thousand, an increase of 6.79%
dibandingkan periode yang sama tahun sebelumnya compared to the same period last year of USD212,860
yang sebesar USD212.860 ribu. thousand.
Laba Bruto (dalam USD ribu)
Gross Profit (in USD thousand)
Pertumbuhan/(Penurunan)
Growth/(Decrease)
Uraian
2023 2022
Description
USD %
Pendapatan Usaha | Operating Revenue 406.288 386.068 20.220 5,24
Beban Pokok Pendapatan dan Beban Langsung Lainnya
(178,977) (173.208) (5.769) 3,33
Cost of Revenue and Other Direct Cost
Laba Bruto | Gross Profit 227.311 212.860 14.451 6,79
LABA USAHA OPERATING PROFIT
Jumlah Laba Usaha Perseroan per 31 Desember 2023 The Company’s total operating profit as of December
mencapai USD265.176 ribu, meningkat 26,53% 31, 2023 reached USD265,176 thousand, an increase
dibandingkan periode yang sama tahun sebelumnya of 26.53% compared to the same period last year of
USD209.583 ribu. Peningkatan Laba Usaha ditopang USD209,583 thousand. The increase in Operating Profit
oleh pendapatan lain-lain atas laba selisih kurs pada was supported by other revenue from foreign exchange
tahun yang berakhir pada 31 Desember 2023, serta gain in the year ended December 31, 2023, as well
peningkatan pendapatan keuangan atas bunga deposito as an increase in finance income from deposit interest
yang diterima Perseroan atas penempatan dana deposito received by the Company on the placement of deposit
di Bank. funds in the Bank.
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Tabel Laba Usaha (dalam USD ribu)
Operating Profit (in USD thousand)
Pertumbuhan/(Penurunan)
Growth/(Decrease)
Uraian
2023 2022
Description
USD %
Laba Bruto | Gross Profit 227.311 212.860 14.451 6,79
Beban Umum dan Administrasi
(5.526) (11.801) 6.275 (53,17)
General and Administrative Expenses
Pendapatan Keuangan | Finance Income 22.171 1.202 20.969 1.744,51
(Beban)/Pendapatan Lain-lain, Bersih
21.220 7.322 13.898 189,81
Other Income/(Expenses), Net
Laba Usaha | Operating Profit 265.176 209.583 55.593 26,53
LABA TAHUN BERJALAN PROFIT FOR THE YEAR
Jumlah Laba Tahun Berjalan Perseroan per 31 Desember Total Profit for the Year as of December 31, 2023
2023 adalah USD163.570 ribu, meningkat 28,47% was USD163,570 thousand, an increase of 28.47%
dibandingkan periode yang sama tahun sebelumnya compared to the same period last year of USD127,319
yang sebesar USD127.319 ribu. thousand.
Laba Tahun Berjalan (dalam USD ribu)
Profit For The Year (in USD thousand)
Pertumbuhan/(Penurunan)
Growth/(Decrease)
Uraian
2023 2022
Description
USD %
Laba Usaha | Operating Profit 265,176 209.583 55.593 26,53
Beban Keuangan | Financial Expenses (24.215) (14.822) (9.393) 63,37
Laba sebelum Beban Pajak Penghasilan
240.961 194.761 46.200 23,72
Profit before Income Tax Expense
Beban pajak penghasilan
(77.391) (67.442) (9.949) 14,75
Income tax expense
Laba Tahun Berjalan
163.570 127.319 36.251 28,47
Profit for the Year
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Laporan Arus Kas Konsolidasian
Consolidated Statements of Cash Flows
Tabel Laporan Arus Kas Konsolidasian (dalam USD ribu)
Table of Consolidated Statements of Cash Flows (in USD thousand)
Pertumbuhan/
(Penurunan)Growth/
Uraian (Decrease)
2023 2022
Description
USD %
Arus Kas Dari Aktivitas Operasi | Cash Flow From Operating Activities
Penerimaan Kas dari Pelanggan
797.575 769.822 27.753 3,61
Cash Received from Customers
Penerimaan Kas dari Pendapatan Bunga
21.903 1.054 20.849 1.978,08
Cash Received from Interest Income
Penerimaan Kas dari Aktivitas Operasi Lainnya
17.694 5.924 11.170 198,68
Cash Received from Other Operating Activities
Penerimaan Kas dari Klaim Asuransi dan Lain-lain
522 139 383 275,54
Cash Received from Claims Insurance and Other Claims
Pembayaran Kas kepada Pemasok
(476.309) (447.480) (28.829) 6,44
Cash Payments to Suppliers
Pembayaran Kas kepada Karyawan
(28.755) (27.586) (1.169) 4,24
Cash Payments to Employees
Pembayaran Kas antar Anak Perusahaan
(778) - (778) 100,00
Cash Payments between Subsidiaries
Pembayaran Premi Asuransi dan Klaim Lainnya
(434) (793) 359 (45,27)
Payment of Insurance Premiums and Other Claims
Pembayaran Kas untuk Pajak Penghasilan
(78.412) (80.782) 2.370 (2,93)
Cash Payments for Income Tax
Arus Kas Bersih yang Diperoleh dari Aktivitas Operasi
253.006 220.298 32.708 14,85
Net Cash Flows Provided by Operating Activities
Arus Kas Dari Aktivitas Investasi | Cash Flow From Investing Activities
Penerimaan Dividen
1.174 2.707 (1.533) (56,63)
Cash receipt from dividends
Penerimaan Kas yang Dibatasi Penggunaannya
- 10.100 (10.100) (100,00)
Cash receipt in restricted cash
Penambahan Investasi di Anak Perusahaan dan Perusahaan Asosiasi
(11.540) - (11.540) 100,00
Additional Investment in Subsidiaries and Associates
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Penambahan Aset Tetap
(68.114) (30.932) (37.182) 120,21
Additions to Fixed Assets
Arus Kas Bersih yang Digunakan untuk Aktivitas Investasi
(78.480) (18.125) (60.355) 332,99
Net Cash Flows used in Investing Activities
Arus Kas Dari Aktivitas Pendanaan | Cash Flows from Financing Activities
Penerimaan Kas atas Penerbitan Saham
589.269 - 589.269 100,00
Cash Receipts on Issuance of Shares
Penerimaan Kas atas Penerbitan Obligasi
399.737 - 399.737 100,00
Cash Receipts from Issuance of Bonds
Pengembalian Pinjaman ke Pertamina
(7.729) (18.972) 11.243 (59,26)
Repayment of Loan to Pertamina
Pembayaran Pinjaman Jangka Pendek
(600.000) - (600.000) 100,00
Repayment of Short-Term Loan
Pembayaran Kas atas Dividen
(100.000) (30.000) (70.000) 233,33
Cash Payments on Dividends
Pembayaran Kas atas Beban Keuangan
(35.299) (14.409) (20.890) 144,98
Cash Payment of Financial Cost
Pembayaran Kas atas Penerbitan Saham dan Obligasi
(4.888) - (4.888) 100,00
Cash Payments on Issuance of Shares and Bonds
Arus Kas Bersih yang Digunakan untuk Aktivitas Pendanaan
241.090 (63.381) 304.471 (480,38)
Net Cash Flow Used in Financing Activities
(Penurunan)/Kenaikan Neto Kas dan Setara Kas
415.616 138.792 276.824 199,45
(Decrease)/Net Increase in Cash and Cash Equivalents
Efek Perubahan Nilai Kurs
(201) (1.825) 1.624 (88,99)
Effect of Changes in Exchange Rates
Saldo Kas dan Setara Kas Pada Awal Tahun
262.302 125.335 136.967 109,28
Balance of Cash and Cash Equivalents at the Beginning of the Year
Saldo Kas dan Setara Kas Pada Akhir Tahun
677.717 262.302 415.415 158,37
Balance of Cash and Cash Equivalents at the End of the Year
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ARUS KAS DARI AKTIVITAS OPERASI PROFIT FOR THE YEAR
Pada tahun 2023 Perseroan mencatatkan jumlah Arus In 2023, the Company recorded a total Net Cash
Kas Bersih yang Diperoleh dari Aktivitas Operasi sebesar Flow Provided by Operating Activities of USD253,006
USD253.006 ribu. Jumlah tersebut naik USD32.708 thousand. The amount increased by USD32,708
ribu, atau 14,85% dari tahun 2022 yang sebesar thousand, or 14.85% from 2022 which amounted to
USD220.298 ribu. USD220,298 thousand.
Kenaikan tersebut dipengaruhi oleh penerimaan kas dari The increase was influenced by cash receipts from
pelanggan sebesar USD797.575 ribu, yang terdiri dari customers amounting to USD797,575 thousand,
penerimaan yang diperoleh dari penjualan listrik dan consisting of receipts obtained from the sales of electricity
uap kepada PLN dan PT Indonesia Power, penerimaan and steam to PLN and PT Indonesia Power, cash receipts
kas atas pendapatan bunga senilai USD21.903 ribu from interest income amounting to USD21,903 thousand
serta penerimaan kas atas aktivitas operasi lainnya and cash receipts from other operating activities
senilai USD17.694 ribu. amounting to USD17,694 thousand.
Jumlah tersebut dikurangi dengan pembayaran kas This amount was reduced by cash payments to suppliers
kepada pemasok sebesar USD476.309 ribu, yang terdiri of USD476,309 thousand, which consisted of payments
atas pembayaran kepada Kontraktor KOB dan pemasok to KOB Contractors and other suppliers, cash payments
lainnya, pembayaran kas untuk pajak penghasilan for income taxes of USD78,412 thousand which mainly
sebesar USD78.412 ribu yang terutama terdiri atas consisted of taxes payable to the Government, and cash
pajak terutang kepada pemerintah, serta pembayaran payments to employees of USD28,755 thousand which
kas kepada karyawan sebesar USD28.755 ribu yang consisted of salaries, wages, bonuses, travel expenses,
terdiri atas gaji, upah, bonus, biaya perjalanan, dan and other incentives.
insentif lainnya.
ARUS KAS DARI AKTIVITAS INVESTASI CASH FLOW FROM INVESTING
ACTIVITIES
Jumlah Arus Kas Bersih yang Digunakan untuk Aktivitas Total Net Cash Flow Used for Investing Activities in
Investasi pada tahun 2023 mencapai USD78.480 ribu, 2023 reached USD78,480 thousand, an increase of
naik USD60.355 ribu, atau 332,99% dari tahun 2022 USD60,355 thousand, or 332.99% from 2022 which
yang mencapai USD18.125 ribu. reached USD18,125 thousand.
Faktor yang mempengaruhi kenaikan adalah Factors affecting the increase were the addition of fixed
penambahan aset tetap sebesar USD68.114 ribu yang assets amounting to USD68,114 thousand consisting
terdiri atas pembayaran kepada kontraktor sehubungan of payments to contractors in connection with well
dengan pengeboran sumur dan workover, pembangunan drilling and workover, construction of fixed assets and
aset tetap dan akuisisi aset tetap, serta penambahan acquisition of fixed assets, as well as the addition of
investasi pada entitas asosiasi berupa joint venture PT investment in associates in the form of joint venture PT
Cahaya Anagata Energi senilai USD11.540 ribu. Cahaya Anagata Energi worth USD11,540 thousand.
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ARUS KAS DARI AKTIVITAS CASH FLOW FROM FINANCING
PENDANAAN ACTIVITIES
Jumlah Arus Kas Bersih yang Digunakan untuk Aktivitas Total Net Cash Flow Used in Financing Activities in
Pendanaan pada tahun 2023 mencapai penerimaan 2023 reached USD241,090 thousand, an increase of
USD241.090 ribu, naik USD304.471 ribu, atau USD304,471 thousand, or 480.38% from 2022 which
480,38% dari tahun 2022 yang sebesar pembayaran amounted to payment of USD63,381 thousand.
USD63.381 ribu.
Pada tahun 2023, pergerakan arus kas dari aktivitas In 2023, the movement of cash flows from financing
pendanaan utamanya dipengaruhi oleh penerimaan activities was mainly influenced by the receipt of funds
dana dari hasil IPO yang sebesar USD589.269 ribu, from the IPO proceeds amounting to USD589,269
penerimaan dana atas penerbitan green bond senilai thousand, receipt of funds from the issuance of green
USD399.737 ribu, pelunasan utang bridging loan senilai bonds worth USD399,737 thousand, repayment of
USD600.000 ribu, serta pembayaran dividen kepada bridging loan debt worth USD600,000 thousand,
pemegang saham sebesar USD100.000 ribu. and dividend payments to shareholders amounting to
USD100,000 thousand.
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Laporan Rasio Keuangan Konsolidasian (dalam %)
Consolidated Statement of Financial Ratios (in %)
Pertumbuhan/
(Penurunan)
Uraian
2023 2022
Description Growth/
(Decrease)
Rasio Profitabilitas | Profitability Ratio (%)
Imbalan Balik Atas Aset | Return on Assets 5,52 5,14 7,28
Imbal Balik Atas Modal | Return on Capital 8,30 10,14 (18,17)
Margin Laba Usaha | Operating Profit Margin 65,27 54,29 20,23
Margin Laba Bersih | Net Profit Margin 40,26 32,98 22,08
Rasio Likuiditas | Liquidity Ratio (%)
Rasio Kas | Cash Ratio 277,63 30,58 807,94
Rasio Lancar | Current Ratio 353,65 50,51 600,11
Rasio Solvabilitas | Solvency Ratio (%)
Rasio Modal Terhadap Total Aset
66,50 50,73 31,10
Capital to Total Assets Ratio
Time Interest Earned Ratio (kali)
10,95 14,14 (4,41)
Time Interest Earned Ratio
Rasio Perputaran (Hari) 2,28
0,19 0,19
Turnover Ratio (days)
Collection Period *) 61,91 63,42 (2,38)
Perputaran Total Aset
0,14 0,16 (12,12)
Total Assets Turnover
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kemampuan membayar utang
dan kolektibilitas piutang
ability to pay debt and collectability of receivables
Kemampuan Perseroan membayar utang baik jangka The Company’s ability to pay both short-term and long-
pendek maupun jangka panjang, dapat dilihat melalui term debt can be seen through the value of Liquidity Ratio
nilai Rasio Likuiditas dan Rasio Solvabilitas. Nilai Rasio and Solvency Ratio. The Liquidity Ratio shows the ability
Likuiditas menunjukkan kemampuan dalam memenuhi to meet short-term liabilities, as measured by the Cash
liabilitas jangka pendek, yang diukur melalui Rasio Kas Ratio and Current Ratio.
dan Rasio Lancar.
Rasio Kas dihitung dengan cara membandingkan The Cash Ratio is calculated by comparing cash on hand
kas yang dimiliki dengan jumlah liabilitas jangka with total current liabilities, while the Current Ratio is
pendek. Sementara Rasio Lancar dihitung dengan cara calculated by comparing total current assets with total
membandingkan jumlah aset lancar dengan jumlah current liabilities.
liabilitas jangka pendek.
Kemampuan Membayar Utang Jangka Ability to Pay Short-Term Debt
Pendek (Rasio Likuiditas) (Liquidity Ratio)
Rasio Kas tahun 2023 mencapai 277,63%, naik The Cash Ratio in 2023 reached 277,63%, up
dibandingkan tahun 2022 yang sebesar 30,58%. from30,58% in 2022. While the Current Ratio in 2023
Sedangkan Rasio Lancar tahun 2023 mencapai reached 353,65%, down from 2022 which was 50,51%.
353,65%, turun dari tahun 2022 yang sebesar 50,51%. This ratio shows the Company ability to pay its debts very
Rasio tersebut menunjukkan menunjukkan kemampuan strong.
Perseroan untuk membayar hutang sangat baik.
Kemampuan Membayar Utang Jangka Pendek (Rasio Likuiditas)
Ability to Pay Short-Term Debt (Liquidity Ratio)
Uraian
2023 2022
Description
Rasio Kas | Cash Ratio 277,63% 30,58%
Rasio Lancar | Current Ratio 353,65% 50,51%
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Kemampuan Membayar Utang Jangka Ability to Pay Long-Term Debt
Panjang (Rasio Solvabilitas) (Solvency Ratio)
Rasio Solvabilitas menunjukkan kemampuan Perseroan The Solvency Ratio shows the Company’s ability to pay
dalam membayar kewajiban - kewajibannya, dan diukur its obligations, and is measured through:
melalui:
• Liability to Equity Ratio which is calculated by
• Rasio Liabilitas Terhadap Ekuitas yang dihitung comparing total liabilities with total equity.
dengan cara membandingkan jumlah liabilitas
• Liability to Asset Ratio which is calculated by
dengan jumlah ekuitas.
comparing total liabilities with total assets.
• Rasio Liabilitas terhadap Aset yang dihitung dengan
The Solvency Ratio value of the Company in 2023 shows
cara membandingkan jumlah liabilitas dengan
an increase, which is influenced by the increasing value
jumlah aset.
of assets and equity.
Nilai Rasio Solvabilitas Perseroan tahun 2023
menunjukkan peningkatan, yang dipengaruhi oleh
meningkatnya nilai aset dan ekuitas.
Kemampuan Membayar Utang Jangka Panjang (Rasio Solvabilitas)
Ability to Pay Long-Term Debt (Solvency Ratio)
Uraian
2023 2022
Description
Rasio Liabilitas terhadap Ekuitas
49,27% 33,50%
Liability to Equity Ratio
Rasio Liabilitas terhadap Aset
97,14% 50,37%
Liability to Asset Ratio
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Tingkat Kolektibilitas Piutang Receivables Collectibility Rate
Perseroan tidak memisahkan perhitungan tingkat The Company does not separate the calculation of the
kolektibilitas piutang jangka panjang dan jangka collectibility rate of long-term and short-term receivables.
pendek. Tingkat Kolektibilitas Piutang Perseroan tahun The Company’s Receivables Collectibility Rate in 2023
2023 tercatat 61,91 hari, berkurang dari tahun 2022 was recorded at 61.91 days, a decrease from 2022
yang mencapai 63,42 hari. which reached 63.42 days.
Tingkat Kolektibilitas Piutang
Receivables Collectibility Rate
2023 2022
Uraian
Description (Hari/Days) (Hari/Days)
Periode Pengumpulan | Collection Period 61,91 63,42
Perputaran Total Aset | Total Asset Turnover 20,00 15,90
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struktur modal dan kebijakan atas
struktur modal
capital structure and policy on capital structure
Tabel Struktur Modal Perseroan (dalam USD ribu)
Table of Company’s Capital Structure (in USD thousand)
Pertumbuhan/(Penurunan)
Growth/(Decrease)
Uraian
2023 2022
Description
USD %
Liabilitas | Liabilities
Liabilitas Jangka Pendek | Short-Term Liabilities 244.104 857.782 (613.678) (71,54)
Liabilitas Jangka Panjang | Long-Term Liabilities 748.781 361.815 386.966 106,95
Jumlah Liabilitas | Total Liabilities 992.885 1.219.597 (226.712) (18,59)
Ekuitas | Equity 1.971.256 1.255.541 715.715 57,00
Modal Kerja | Working Capital 619.174 (424.475) 1.043.649 (245,87)
Kebijakan dan Analisa Pencapaian Policy and Analysis of Achievement of
Realisasi Struktur Modal Capital Structure Realization
Perseroan merupakan bagian dari Subholding Power and The Company is part of PERTAMINA’s Power and
New Renewable Energy (PNRE) PERTAMINA. Dengan New Renewable Energy (PNRE) Subholding. Thus,
demikian rencana permodalan disusun berdasarkan the capital plan is prepared based on the approval
persetujuan PT Pertamina (Persero) sebagai Pemegang of PT Pertamina (Persero) as the Shareholder, with
Saham, dengan merujuk pada Anggaran Dasar reference to the Company’s Articles of Association.
Perseroan.
Perseroan menerapkan kebijakan struktur modal dengan The Company implements a capital structure policy by
memperkuat Ekuitas. Hingga 31 Desember 2023, strengthening Equity. As of December 31, 2023, the ratio
perbandingan antara Liabilitas dan Ekuitas dalam between Liabilities and Equity in the capital structure is
struktur modal adalah 33:67. Perbandingan tersebut 33:67. The ratio has changed from 2022, which was
mengalami perubahan dari tahun 2022, yakni 49:51. 49:51. This shows that the company runs its business
Hal ini menunjukkan perusahaan menjalankan usaha using capital sourced from equity.
menggunakan modal yang yang bersumber dari ekuitas.
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ikatan material untuk investasi barang
modal
material bonds for investment in capital goods
Sepanjang tahun 2023, Perseroan tidak memiliki ikatan Throughout 2023, the Company did not have material
yang material untuk investasi barang modal. bonds for investment in capital goods.
realisasi investasi barang modal
capital investment realization
Selama tahun 2023, Perseroan memiliki kegiatan During 2023, the Company had capital investment
investasi barang modal, yang menjadi bagian dari activities, which became part of the exploration
komitmen eksplorasi. Realisasi investasi barang modal commitment. The Company’s capital investment
Perseroan tahun 2023 mencapai USD82,2 juta yang realization in 2023 reached USD82.2 million which is
ditujukan untuk menunjang operasional Perseroan. intended to support the Company’s operations.
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Analisa Dan Pembahasan Manajemen
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informasi dan fakta material setelah
tanggal laporan akuntan
material information and facts after the date of the
accountant’s report
1. Perubahan Susunan Direksi 1. Changes in the Composition of the Board
of Directors
Berdasarkan Rapat Umum Pemegang Saham Luar Biasa Based on the Extraordinary General Meeting of
(RUPSLB) Perseroan pada tanggal 12 Februari 2024, Shareholders (EGMS) of the Company on February
pemegang saham menyetujui hal-hal sebagai berikut: 12, 2024, the shareholders approved the following
matters:
• Pemberhentian dengan hormat Bapak Nelwin
Aldriansyah sebagai Direktur Keuangan Perseroan • Honorable dismissal of Mr Nelwin Aldriansyah
berlaku efektif terhitung sejak tanggal ditutupnya as the Company’s Finance Director, effective
RUPSLB. as of the closing date of the EGMS.
• Menyetujui pengangkatan Bapak Yurizki Rio
sebagai Direktur Keuangan Perseroan berlaku efektif • Approve the appointment of Mr Yurizki Rio as the
terhitung sejak tanggal ditutupnya RUPSLB untuk Company’s Finance Director effective as of the
satu kali periode jabatan sesuai dengan ketentuan closing date of the EGMS for one term of office in
Anggaran Dasar Perseroan tanpa mengurangi hak accordance with the provisions of the Company’s
RUPS untuk memberhentikan sewaktu-waktu. Articles of Association without prejudice to the right
of the GMS to dismiss him at any time.
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Analisa
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Dan Pembahasan
Pembahasan Manajemen
Manajemen
Managementdiscussion
Managementdiscussion And
And Analysis
Analysis
2. Joint Development Study Agreement (JDSA) 2. PGE Joint Development Study Agreement
PGE dengan PT PLN Indonesia Power (JDSA) with PT PLN Indonesia Power
Menindaklanjuti Nota Kesepahaman / Memorandum Following up on the Memorandum of Understanding
of Understanding (MoU) tanggal 3 Januari 2024 (MoU) dated January 3, 2024 between PT
antara PT Pertamina Power Indonesia dan PT PLN Pertamina Power Indonesia and PT PLN Indonesia
Indonesia Power perihal Kemitraan Pengembangan Power regarding the Clean and Green Energy
Energi Bersih dan Hijau, serta Surat Penugasan PT Development Partnership, as well as the Assignment
Pertamina Power Indonesia kepada PT Pertamina Letter of PT Pertamina Power Indonesia to PT
Geothermal Energy Tbk tanggal 25 Februari Pertamina Geothermal Energy Tbk dated February
2024 terkait Pelaksanaan MoU Kemitraan, telah 25, 2024 regarding the Implementation of the
dilaksanakan penandatanganan Joint Development Partnership MoU, a Joint Development Study
Study Agreement (JDSA) dalam pengembangan Agreement (JDSA) was signed in the development
proyek PLTP binary yang lebih efisien dan efektif of a more efficient and effective binary geothermal
sebagai upaya Perseroan menambah kapasitas power plant project as part of the Company’s efforts
listrik terpasang hingga 230 MW. to increase installed electricity capacity to 230 MW.
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pernyataan kepatuhan membayar pajak
statement of tax payment compliance
Perseroan melakukan pembayaran pajak meliputi The Company makes tax payments including withholding
Pajak Penghasilan (PPh) Potong/Pungut, Pajak income tax (PPh), value added tax (VAT), land and
Pertambahan Nilai (PPN), Pajak Bumi dan Bangunan building tax (PBB), and other local taxes, within the
(PBB), dan pajak daerah lainnya, dalam jangka period in accordance with applicable tax regulations.
waktu sesuai ketentuan perpajakan yang berlaku.
Dalam periode pelaporan, Perseroan telah menyampaikan During the reporting period, the Company has submitted
dokumen pelaporan pajak, seperti Surat Pajak Tahunan tax reporting documents, such as Periodic Annual Tax
(SPT) Masa atas PPh dan PPN, SPT Tahunan PPh Badan, Return (SPT) on Income Tax and VAT, Annual Corporate
serta dokumen kewajiban perpajakan lainnya kepada Income Tax Return, as well as other tax obligation
otoritas perpajakan yang berwenang dalam jangka documents to the competent tax authorities within the
waktu sesuai ketentuan perpajakan yang berlaku. period in accordance with applicable tax provisions.
Sepanjang tahun 2023, Perseroan telah membayarkan Throughout 2023, the Company has paid taxes
pajak sebesar USD98.262.821,18 amounting to USD98,262,821.18.
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prospek usaha
business outlook
Sejalan dengan optimisme pemerintah akan pertumbuhan Aligned with the Government's optimism regarding
ekonomi Indonesia yang bisa mencapai 5,2% di tahun Indonesia's economic growth potential reaching 5.2% in
2024, Perseroan optimis dapat mencetak pertumbuhan 2024, the Company is confident in achieving business
usaha ditunjang oleh komitmen pemerintah untuk terus growth bolstered by the Government's commitment
meningkatkan pemanfaatan EBT di dalam bauran energi to continually enhancing the utilization of New and
nasional. Renewable Energy in the national energy mix.
New and Renewable Energy (Energi Baru dan Terbarukan) Globally, New and Renewable Energy has seen a
secara global tumbuh sebesar 9% dengan pertumbuhan growth of 9%, with geothermal energy experiencing
energi geotermal sebesar 6% dalam tujuh tahun terakhir. a 6% growth over the past 7 years. This growth is
Pertumbuhan ini dipengaruhi oleh beberapa faktor yang influenced by several interrelated factors, including:
saling berkaitan seperti:
1. Pemerintah menetapkan bahwa penerapan 1. Government mandates focusing on the
Enviromental, Social & Governance (ESG) implementation of Environmental, Social &
terfokus pada pengembangan energi terbarukan. Governance (ESG) principles in renewable energy
development.
2. Biaya energi terbarukan menurun akibat research 2. Decreasing costs of renewable energy attributed
and development yang berkembang secara to significant advancements in research and
signifikan. development.
3. Insentif dan regulasi-regulasi baru yang mendukung 3. Incentives and new regulations supporting
energi terbarukan. renewable energy initiatives.
4. Perkembangan value chain pada energi terbarukan 4. Advancements in the value chain in the renewable
energy sector.
Didukung oleh potensi sumber daya geotermal di Supported by the potential of geothermal resources in
Indonesia yang mencapai 23 gigawatt (GW), geotermal Indonesia that reached 23 gigawatts (GW), geothermal
akan menjadi salah satu energi hijau andalan untuk will become one of the flagship green energies for the
bauran EBT pembangkit listrik di dalam negeri yang akan renewable energy mix of power plants in the country
menopang ketahanan energi nasional menuju target nol that will support national energy security towards the
emisi atau Net Zero Emission (NZE) di tahun 2060. target of Net Zero Emission (NZE) by 2060. To date,
Sampai saat ini pertumbuhan industri geotermal terbesar the largest geothermal industry growth is in Asia with
berada di Asia dengan kontribusi sebesar 37%, diikuti a contribution of 37%, followed by North America at
dengan Amerika Utara sebesar 24% dan Eurasia sebesar 24% and Eurasia at 22%. Some of the challenges that
22%. Beberapa tantangan yang harus dihadapi dalam must be faced in developing geothermal energy include
mengembangkan energi geotermal diantaranya adalah specific development locations, high investment risks and
lokasi pengembangan yang spesifik, risiko dan biaya costs, and energy distribution issues.
investasi yang tinggi, serta isu distribusi energi
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Analisa situasi industri geotermal domestik dilakukan The domestic geothermal industry situation was analyzed
dengan mempertimbangkan indikator sebagai berikut: by considering the following indicators:
1. Makro Ekonomi 1. Macroeconomics
Tren pertumbuhan energi terbarukan secara global The growth trend of renewable energy globally
didukung oleh kondisi dan situasi industri geotermal is supported by the conditions and situation of
yang ada di Indonesia. Dari sisi makro ekonomi, the geothermal industry in Indonesia. In terms of
Indonesia diproyeksikan akan berkembang dengan macroeconomics, Indonesia is projected to grow
pertumbuhan produk domestik bruto (PDB) sebesar with a gross domestic product (GDP) growth of
5% sampai dengan tahun 2028. Tingkat konsumsi 5% until 2028. The level of energy consumption
energi di Indonesia juga diprediksi akan meningkat in Indonesia is also predicted to increase by
sebesar 3% pada tahun 2028 yang menunjukkan 3% by 2028, indicating that the proportion
bahwa proporsi kebutuhan energi di Indonesia of energy needs in Indonesia is increasing
semakin meningkat.
2. Regulasi 2. Regulations
Pemerintah Indonesia secara aktif mendukung The Indonesian Government actively supports
pengembangan energi geotermal dengan the development of geothermal energy
menerapkan beberapa regulasi yang by implementing several regulations that
mendorong percepatan pemanfaatan energi encourage the acceleration of renewable
terbarukan, termasuk energi geotermal. energy utilization, including geothermal energy.
3. Politik 3. Politics
Perkembangan industri geotermal di Indonesia juga The development of the geothermal industry in
dipengaruhi oleh kondisi politik di Indonesia. Saat Indonesia is also influenced by political situation
ini, pemerintah tengah mengevaluasi permintaan in the country. Currently, the Government is
impor energi terbarukan dari luar negeri sebelum evaluating the demand for renewable energy
dilakukan pemberian izin ekspor geotermal , imports from abroad before granting geothermal
sehingga hal ini menjadi tantangan terkhusus export licenses, so this is a particular challenge for
bagi PGE. Diluar hal tersebut, terdapat potensi PGE. Beyond this, there is potential for renewable
pengembangan energi terbarukan dengan dirilisnya energy development with the release of the
peta jalan Indonesia Emas 2045 yang menyatakan Golden Indonesia 2045 roadmap which states that
bahwa Indonesia memiliki target net zero emission Indonesia has a net zero emission target by 2060
di tahun 2060 dengan empat target utama yang with four main targets that must be met by 2045.
harus dipenuhi pada tahun 2045.
4. Teknologi Geotermal 4. Geothermal Technology
Terdapat potensi pengembangan teknologi There is potential for the development of geothermal
geotermal di Indonesia dengan adanya peluang technology in Indonesia with the opportunity
ekspor listrik ke luar negeri. Saat ini, beberapa to export electricity abroad. Currently, several
negara tetangga seperti Singapura dan Malaysia neighboring countries such as Singapore and
sedang mencari sumber low carbon energy. PGE Malaysia are looking for low carbon energy sources.
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bisa menggunakan kesempatan ini untuk melakukan PGE can make the most of this opportunity to export
ekspor ke negara tersebut dengan menggunakan to these countries using subsea transmission.
subsea transmission.
Analisa situasi industri geotermal global dibagi ke
The global geothermal industry situation was analyzed
dalam 3 region, yaitu western ring of fire, great rift valley,
by 3 regions, namely the western ring of fire, great rift
dan eastern ring of fire. Negara-negara di dunia yang
valley, and eastern ring of fire. Countries in the world
berkontribusi atas perkembangan industri geotermal
that contribute to the development of the geothermal
selain Indonesia, antara lain yaitu: USA, New Zealand,
industry in addition to Indonesia, among others: USA,
Kenya, Turki, Filipina, Meksiko. Diantara negara-negara
New Zealand, Kenya, Türkiye, the Philippines, and
tersebut, masih terdapat potensi energi geotermal yang
Mexico. Among these countries, there is still geothermal
masih belum termanfaatkan sepenuhnya. Situasi ini
energy potential that is still not fully utilized. This
menjadi peluang bagi Perseoran untuk mengakselerasi
situation is an opportunity for the Company to accelerate
pertumbuhan bisnis melalui Merger and Acquisition
business growth through Merger and Acquisition (M&A).
(M&A).
Selain pengembangan usaha dalam industri geotermal, In addition to business development in the geothermal
saat ini turut berkembang juga usaha produk turunan industry, geothermal derivative products are currently
geotermal, diantaranya yaitu green hydrogen, methanol also developing, including green hydrogen, methanol,
dan silica. Pengembangan produk turunan geotermal and silica. The development of geothermal derivative
diharapkan dapat menjadi sumber pendapatan baru products is expected to become a new source of revenue
bagi Perseroan di masa depan. Pengalaman panjang for the Company in the future. The Company's long
Perseroan dalam bisnis geotermal membuat Perseroan experience in the geothermal business has allowed the
melihat potensi untuk menghadirkan lini bisnis baru bagi Company to see the potential to present a new business
pengembangan panas bumi, yakni Layanan Analisis line for geothermal development, namely Geothermal
Laboratorium Panas Bumi serta Manufaktur Heat Laboratory Analysis Services and Heat Exchanger
Exchanger. Manufacturing.
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perbandingan target awal tahun buku
dengan hasil yang dicapai (realisasi)
comparison between the initial target of the financial year and
the results achieved (realization)
Rencana Kerja dan Anggaran Perusahaan (RKAP) untuk The Company’s Work Plan and Budget (RKAP) for the
tahun buku 2023 ditetapkan berdasarkan Keputusan financial year 2023 was determined based on the
Pemegang Saham Secara Sirkuler tentang Rencana Circular Shareholders’ Resolution on the Company’s
Kerja dan Anggaran Perusahaan (RKAP) Tahun 2023, Work Plan and Budget (RKAP) Year 2023, which also
yang juga berisi target-target kinerja untuk tahun buku contains performance targets for the financial year 2023.
2023.
Perbandingan Kinerja Keuangan Comparison of Financial Performance
Antara Target Awal Tahun Buku 2023 Between the Initial Target of Fiscal
Dan Hasil Dicapai (Realisasi), Serta Year 2023 and the Achieved Results
Perbandingannya Dengan Realisasi (Realization), as well as its Comparison
Tahun Buku 2022 with the Realization of Fiscal Year
2022
Analisa Pencapaian Realisasi Analysis of Achievement of Revenue
Pendapatan dan Laba and Profit Realization
Pendapatan Usaha Perseroan untuk tahun 2023 The Company’s operating revenue for 2023 was realized
terealisasi USD406.288 atau 106,9% dari RKAP, yang at USD406,288 or 106.9% of the RKAP, which was mainly
terutama dipengaruhi oleh kenaikan pendapatan operasi influenced by an increase in own operating income due
sendiri akibat realisasi produksi listrik yang lebih tinggi to higher than targeted electricity production and high
dari target dan tingginya realisasi production allowance. realization of production allowances. In addition, there
Selain itu, terdapat realisasi penjualan carbon credit ke was a realization of carbon credit sales to PT Pertamina
PT Pertamina Power Indonesia. Power Indonesia.
Laba Bersih Perseroan untuk tahun 2023 mengalami The Company’s Net Profit for 2023 increased year-on-
kenaikan year-on-year (YoY) didorong oleh foreign year (YoY) driven by foreign exchange gain from the
exchange gain dari penguatan mata uang United States strengthening of the United States Dollar (USD) against
Dollar (USD) terhadap Japanese Yen. Realisasi dari the Japanese Yen. The realization of interest income in
pendapatan bunga pada tahun 2023 juga menyebabkan 2023 also led to an increase in the Company’s Net Profit
kenaikan Laba Bersih Perseroan tahun buku 2023. for the financial year 2023.
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2023 2022
Realisasi Realisasi
RKAP (USD Ribu) (USD Ribu)
Uraian
(USD Ribu) % RKAP
Description
(USD thousand) Realization Realization
(USD Thousand) (USD Thousand)
Pendapatan Usaha | Operating Revenue 380.831 406.288 106,90% 386.068
Beban Usaha | Operating Expenses (185.479) (178.977) 99,00% (173.208)
Laba Usaha | Operating Profit 195.352 265.176 135.74% 209.583
EBITDA 353.976 332.416 99.90% 308.087
Perbandingan Target dan Realisasi Comparison of Sales Target and
Penjualan Realization
Analisa Pencapaian Penjualan Sales Achievement Analysis
Pencapaian penjualan pada tahun 2023 terealisasi Sales achievement in 2023 was realized at USD386,492.30
USD386.492,30 atau 104,76% dari RKAP or 104.76% of the RKAP (USD368,943.30). The largest
(USD368.943,30). Kontribusi terbesar diperoleh dari contribution was obtained from the Kamojang area,
area Kamojang, yakni sebesar USD144.128.39. which amounted to USD144,128.39.
Tabel Perbandingan Target dan Realisasi Penjualan
Table of Comparison of Sales Target and Realization
Realisasi Pencapaian
RKAP (USD Ribu) terhadap RKAP
Uraian
(USD Ribu) (%)
Description
(USD thousand) Realization
(USD Thousand)
Penjualan Total (Penjualan Operasi Sendiri)
368.943,31 386.492,30 104,76
Total Sales (Own Operation Sales)
Area Kamojang | Kamojang Area 136.033,45 144.128,39 105,95
Area Lahendong | Lahendong Area 75.075,76 79.795,91 106,29
Area Ulubelu | Ulubelu Area 112.358,24 114.326,20 101,75
Area Karaha | Karaha Area 9.739,50 8.930,87 91,70
Area Lumut Balai | Lumut Balai Area 35.736,33 39.310,91 110,00
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Asumsi dalam Menyusun Proyeksi
Assumptions in Preparing Projections
Tabel Asumsi Dalam Menyusun Proyeksi
Table of Assumptions in Preparing Projections
Asumsi | Assumption 2023
KURS IDR/USD | IDR/USD EXCHANGE 14.800
Sumber: Penetapan oleh PT Pertamina (Persero)
Source: Determination by PT Pertamina (Persero)
Perbandingan Target dan Realisasi Comparison of Production Target and
Produksi Realization
Analisa Pencapaian Realisasi Produksi Analysis of Achievement of Production
Realization
Produksi Perseroan sepanjang tahun 2023 terealisasi The Company’s production throughout 2023 was
4.734,57 GWh atau 104,66% dari RKAP. Hal ini terutama realized at 4,734.57 GWh or 104.66% of the RKAP.
didukung oleh percepatan kegiatan maintenance di This was mainly supported by the acceleration of
hampir seluruh wilayah kerja yang berjalan lebih cepat maintenance activities in almost all working areas which
dari yang direncanakan, serta tercapainya program ran faster than planned, as well as the achievement
optimalisasi produksi di area Karaha dan Lumut Balai. of the production optimization program in the Karaha
Selain itu, program debottlenecking PLTP area Ulubelu and Lumut Balai areas. In addition, the Ulubelu PLTP
juga berhasil terealisasi dan berdampak langsung pada debottlenecking program was also successfully realized
peningkatan volume produksi di area tersebut. and had a direct impact on increasing production
Tabel Perbandingan Target dan Realisasi Produksi
Table of Comparison of Production Target and Realization
Uraian | Description RKAP 2023 Realisasi 2023 Pencapaian
(GWh) (GWh) (%)
PLTP (Produksi Uap | Steam Production) 2.181,15 2.292,00 105,08
Produksi Operasi Sendiri (GWh)
PLTP (Produksi Listrik | Electricity Production) 2.342,43 2.442,57 104,27
Own Operation Production
Total 4.523,58 4.734,57 104,66
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Tabel Perbandingan Target dan Realisasi Produksi
Comparison Table of Production Targets and Realization
Pencapaian
terhadap RKAP
Uraian RKAP 2023 RKAP 2022
Achievement
Description (GWh) (Gwh) against RKAP
(GWh)
Penjualan Total | Total Sales 4.523,58 4.486,84 4.734,57
Area Kamojang | Kamojang Area 1.591,80 1.574 1.693,64
Area Lahendong | Lahendong Area 822,94 813 868,86
Area Ulubelu | Ulubelu Area 1.581,82 1.577 1.606,08
Area Karaha | Karaha Area 104,49 94 96,68
Area Lumut Balai | Lumut Balai Area 422,544 427 469,31
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Perbandingan Posisi Keuangan Antara Target Awal Tahun Buku 2023 dan Hasil Dicapai (Realisasi),
dan Perbandingannya Dengan Realisasi Tahun Buku 2022
Comparison between the Initial Target of the Financial Year and the Results Achieved (Realization)
2023 2022
Realisasi Realisasi
RKAP
(USD Ribu) (USD Ribu)
(USD Ribu) % RKAP
Uraian | Description Realization Realization
(USD Thousand)
(USD Thousand) (USD Thousand)
Aset | Assets
Aset Lancar | Current Assets 907.522 863.278 95,12 433.307
Aset Tidak Lancar | Non-Current Assets 2.161.848 2.100.870 97,18 2.041.831
Jumlah Aset | Total Assets 3.068.370 2.964.141 96,57 2.475.138
Liabilitas | Liabilities
Liabilitas Jangka Pendek
244.104 244.104 112,21 857.782
Short-Term Liabilities
Liabilitas Jangka Panjang
748.781 748.781 95,29 361.815
Long-Term Liabilities
Jumlah Liabilitas
992.885 992.885 98,96 1.219.597
Total Liabilities
Ekuitas | Equity
Jumlah Ekuitas | Total Equity 1.971.256 1.971.256 95,41 1.255.541
Jumlah Liabilitas dan Ekuitas
3.069.370 2.964.141 96,57 2.475.138
Total Liabilities and Equity
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target atau proyeksi untuk satu tahun
mendatang
target or projection for upcoming one year period
Kementerian Keuangan optimis, perekonomian Indonesia The Ministry of Finance is optimistic that Indonesia’s
di tahun 2024 akan bertumbuh di angka 5,2%, meningkat economy in 2024 will grow at 5.2%, an increase
dibandingkan tahun 2023 yang sebesar 5,05%, from 5.05% in 2023, supported by the level of public
ditopang oleh tingkat konsumsi masyarakat terutama consumption, especially of local products, which can
terhadap produk lokal, yang dapat turut menggerakan help drive the national economy.
perekonomian nasional.
Kondisi perekonomian yang positif berpotensi Positive economic conditions have the potential to
mendukung kinerja Perseroan, ditunjang oleh tingkat support the Company’s performance, supported by the
mobilitas masyarakat yang akan mendorong kebutuhan level of community mobility which will encourage high
energi yang tinggi. Perseroan optimis dapat meraih energy demand. The Company is optimistic that it can
pertumbuhan usaha yang optimal di tahun 2024, baik achieve optimal business growth in 2024, both from
dari sisi operasional maupun keuangan, didukung oleh an operational and financial perspective, supported by
komitmen pemerintah untuk terus meningkatkan bauran the Government’s commitment to continue to increase
energi terbarukan dalam produksi listrik nasional. renewable energy mix in national electricity production.
Di tahun 2024, Perseroan menetapkan Rencana Kerja In 2024, the Company has established the 2024
Anggaran Perusahaan 2024 sebagai berikut: Corporate Budget Work Plan as follows:
Proyeksi Operasional
Aktivitas Target 2023 Realisasi 2023 % Pencapaian Target 2024
Pemboran Development &
4.523,58 GW 4.734,57 GWh 104,66% 4.611,82 GWh
Make Up
Pemboran Eksplorasi 4 Sumur 2 Sumur 100% 2 Sumur
Pemboran Development &
9 Sumur 7 Sumur* 77,78%* 6 Sumur
Make Up
Kerja Ulang Reparasi
Sumur (KURS) / Workover 4 Sumur 2 Sumur 50% 6 Sumur
Well Service (WOWS)
* Dua sumur development masih dalam proses penyelesaian
* Two development wells are still in the process of being completed
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Realisasi produksi geothermal sendiri Ytd Desember The geothermal production achievement until December
2023 mencatat hasil yang mengesankan dengan 2023 marked an impressive outcome with 4,734.57
4,734.57 GWh, melebihi RKAP 2023 sebanyak 4.66%. GWh, surpassing the 2023 RKAP by 4.66%. This success
Keberhasilan ini didorong oleh efisiensi dalam kegiatan was propelled by efficiency in geothermal power plant
maintenance PLTP yang lebih cepat dari jadwal dan maintenance activities, which were completed ahead
beberapa rencana pemeliharaan yang tidak terlaksana of schedule, along with some maintenance plans that
di tahun tersebut, ditambah dengan operasional yang were not executed during the year. Additionally, optimal
optimal dan load factor Area Lumut Balai yang tinggi operations and a high load factor in the Lumut Balai
melebihi ekspektasi sebesar 6.72%, mengantarkan Area exceeding expectations at 6.72% contributed
pencapaian ini melampaui target yang telah ditetapkan. to surpassing the set targets. However, the realization
Realisasi KURS/Workover dibawah target dikarenakan of KURS/Workover fell below target due to changes
perubahan prioritas sumur dan ruang lingkup teknis in well priorities and the technical scope of work.
pekerjaan.
Untuk mencapai target untuk satu tahun mendatang, To achieve the targets for the coming year, the
maka strategi-strategi pencapaian yang dijalankan, following achievement strategies are being pursued:
yaitu :
1. Memastikan tata waktu pelaksanaan program sesuai 1. Ensuring the timely execution of programs according
dengan tata waktu yang sudah direncanakan. to the planned schedule.
2. Memastikan anggaran pelaksanaan program tidak 2. Ensuring that program implementation budgets do
melebihi rencana anggaran. not exceed the budget plan.
3. Memastikan pekerjaan dan material yang disediakan 3. Ensuring that the provided work and materials
sesuai dengan spesifikasi yang ditentukan dalam adhere to the specified project documentation.
dokumen proyek.
4. Memastikan deliverable/return program sesuai 4. Ensuring that program deliverables/returns align
dengan tujuan. with objectives.
5. Memastikan terpenuhinya pelaksanaan HSSE 5. Ensuring compliance with HSSE implementation in
dalam setiap program dan tahapan. every program and phase.
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Proyeksi Pendapatan dan Laba
Revenue and Profit Projections
Realisasi 2023
Target 2023 Target 2024
Uraian (USD Ribu)
% Pencapaian |
(USD Ribu) (USD Ribu)
Achievement
Description Realization 2023
(USD Thousand) (USD Thousand)
(USD Thousand)
Pendapatan
380,83 406.29 106,68% 393.73
Revenue
Laba Usaha
150,01 265.18 176.77% 145,16
Operating Profit
Realisasi Laba Bersih PGE per Desember 2023 The net profit realization of PGE as of December 2023
melampaui ekspektasi, dengan kenaikan sebesar 9% exceeded expectations, with an increase of 9% compared
dibandingkan dengan target RKAP 2023. Faktor- to the 2023 RKAP target. Contributing factors include
faktor yang berkontribusi termasuk produksi listrik yang higher-than-anticipated electricity production, an increase
lebih tinggi dari yang diantisipasi, peningkatan dalam in production allowance, and income from carbon credit
production allowance, serta pemasukan dari penjualan
sales. This profit was also supported by cost efficiency,
carbon credit. Laba ini juga didukung oleh efisiensi biaya,
with the Actual Bond Obligation (ABO) recorded lower
dengan Actual Bond Obligation (ABO) yang tercatat
than estimated. Smart financial management is reflected
lebih rendah dari perkiraan. Penanganan keuangan
in higher interest income resulting from fund placements in
yang cerdas tercermin dari pendapatan bunga yang
the Special Rate Giro and deposits. Profits from currency
lebih tinggi hasil dari penempatan dana pada Giro
Special Rate dan deposito. Keuntungan dari fluktuasi fluctuations also added to revenue, with significant Forex
mata uang juga menambah pendapatan, dengan Forex Gain due to the strengthening of USD against JPY, as
Gain yang signifikan karena penguatan USD terhadap did gains from hedging transactions related to the IPO
JPY, dan keuntungan dari transaksi hedging terkait process. Although there was an increase in interest
proses IPO. Meskipun ada peningkatan beban bunga expenses due to higher-than-expected Greenbond interest
yang disebabkan oleh tingkat suku bunga Greenbond rates, PGE’s financial performance still demonstrated
yang lebih tinggi dari perkiraan, kinerja finansial PGE positive growth.
tetap menunjukkan pertumbuhan positif.
Proyeksi Struktur Modal
Capital Structure Projections
Pertumbuhan/Penurunan
Uraian
Growth/decrease
2024 2023
Description
USD %
Liabilitas | Liabilities
Liabilitas Jangka Pendek
198.127 244.104 (45.977) (18,83)
Short-Term Liabilities
Liabilitas Jangka Panjang
809.751 748.781 60.970 8,14
Long-Term Liabilities
Jumlah Liabilitas | Total Liablities 1.007.877 992.885 14.992 8,56
Ekuitas | Equity 2.201.209 1.971.256 229.953 11,66
Modal Kerja | Working Capital 307.741 619.174 (311.433) (50,29)
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Proyeksi Kebijakan Dividen Dividend Policy Projection
Dalam prospektus IPO, PGE mengutarakan rencananya In the IPO prospectus, PGE stated its plan that after the
bahwa setelah IPO Perseroan berencana mengusulkan IPO the Company plans to propose the distribution of
pembagian dividen tunai kepada seluruh pemegang cash dividends to all shareholders based on a maximum
saham berdasarkan rasio pembayaran dividen maksimal dividend payment ratio of 50% (fifty percent) of net profit.
50% (lima puluh persen) dari laba bersih. Pembayaran Payments are made after setting aside sufficient reserves,
dilakukan setelah menyisihkan cukup cadangan, dengan without prejudice to the GMS rights to determine
tidak mengurangi hak RUPS untuk menentukan lain sesuai otherwise in accordance with the Company’s Articles
dengan Anggaran Dasar Perseroan, dan melihat kondisi of Association, and considering the Company’s overall
keuangan Perseroan secara keseluruhan. financial condition.
Pembagian dividen interim ditentukan oleh Direksi The distribution of interim dividends is determined by the
Perseroan setelah terlebih dahulu disetujui oleh Dewan Company’s Board of Directors after obtaining approval
Komisaris Perseroan. Jika setelah akhir tahun buku yang from the Company’s Board of Commissioners. If after
bersangkutan Perseroan mengalami kerugian, maka the end of the relevant financial year the Company
dividen interim yang dibagikan harus dikembalikan oleh experiences a loss, then the interim dividends distributed
pemegang saham kepada Perseroan, dan Direksi dan must be returned by the shareholders to the Company,
Dewan Komisaris Perseroan akan bertanggung jawab and the Board of Directors and Board of Commissioners
secara tanggung renteng jika dividen interim tidak of the Company will be jointly and severally liable if the
dikembalikan. interim dividends are not returned.
.
Pembayaran dividen PGE sebelum IPO
PGE’s dividend payment prior to IPO:
Uraian | Description 2022 2021
Laba Bersih | Net Profit (USD) 127.321.913 85.042.288
Cadangan Wajib (USD)
0 4.252.100
Mandatory Reserves
Cadangan | Reserves (USD) 27.321.913 50.789.900
Dividen | Dividend (USD) 100.000.000 30.000.000
Dividen Pay Out Ratio
78,54% 35,27%
Pay Out Ratio Dividend
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aspek pemasaran dan pangsa pasar
marketing aspects and market share
Energi panas bumi bersifat spesifik karena tidak Geothermal energy is specific in nature because it cannot
dapat dipindah atau disimpan, namun harus melalui be relocated or stored, but must be utilized locally (in-
pemanfaatan lokal (in-situ). Hal ini mempengaruhi situ). This influences several factors, such as market
beberapa faktor, seperti kemampuan pasar, aspek bisnis, capabilities, business aspects, technical aspects, and
teknis, dan kebijakan yang ditetapkan. established policies.
Aspek Pemasaran Marketing Aspects
Kekhususan produk yang dihasilkan menjadikan The specificity of the products produced makes the
pelanggan Perseroan saat ini hanya PT Perusahaan Listrik Company’s current customer only PT Perusahaan Listrik
Negara (Persero). Perseroan tidak melakukan promosi Negara (Persero). The Company does not promote freely
secara bebas dan terbuka, namun tetap menjaga and openly, but still maintains the sustainability of PJBU /
kesinambungan PJBU/PJBL dalam jangka panjang. PJBL in the long term.
Pangsa Pasar Market Share
Perseroan mengalami persaingan usaha yang terbatas The Company experiences limited competition with other
dengan IPP panas bumi lainnya. Meski demikian, geothermal IPPs. Nevertheless, the Company, which
Perseroan yang saat ini mengelola 12 WKP and 3 IPB currently manages 12 WKP dan 3 WKP IPB, has the
WKP, memiliki kapasitas terpasang PLTP yang dikelola largest installed capacity of own operation geothermal
sendiri terbesar, yakni 672 MW, atau sekitar 32% power plants, which is 672 MW, or around 32% of the
dari total kapasitas terpasang nasional yang menurut total national installed capacity, which according to the
publikasi Kementerian ESDM mencapai 2.121 MW. Ministry of Energy and Mineral Resources publication
Kapasitas terpasang PGE terdiri dari 672 MW yang reaches 2,121 MW. PGE’s installed capacity consists
dioperasikan sendiri, dan 1.205 MW dikelola melalui of 672 MW which is own operated, and 1,205 MW
Kontrak Operasi Bersama. managed through Joint Operation Contracts.
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Survei Kepuasan Pelanggan Customer Satisfaction Survey
Perseroan terus membangun komunikasi dan hubungan The Company continues to build good communication
baik dengan PLN, dengan memastikan terjaganya and relations with PLN, by ensuring guaranteed electricity
jaminan pasokan listrik dan layanan yang diberikan. supply and services provided. The Company periodically
Secara berkala, Perseroan melakukan survei kepuasan conducts customer satisfaction surveys to determine the
pelanggan untuk mengetahui tingkat kepuasan terkait level of satisfaction regarding products, services, the
produk, pelayanan, lingkungan dan lain-lain, minimal environment and so on, at least once a year.
satu kali dalam setahun.
In 2023, a satisfaction survey was conducted on PT PLN
Di tahun 2023 survei kepuasan dilakukan terhadap PT (Persero) involving 113 respondents who have duties and
PLN (Persero) dengan melibatkan 113 responden yang are related to the Company’s Operations directorate,
memiliki tugas dan berhubungan dengan direktorat both at operator level and managerial level. The survey
Operation Perseroan, baik di level operator maupun results reveal that the average Customer Satisfaction
level manajerial. Dari hasil survei diketahui rerata Indeks Index is 96.42%, an increase compared to 2022 which
Kepuasan Pelanggan sebesar 96,42%, meningkat stood at 96.13%.
dibandingkan tahun 2022 yang mencapai 96,13%.
96,42
96,13
93,82
91,85
2020 2021 2022 2023
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Penanganan Pengaduan Pelanggan Customer Complaints Response
Perseroan menyediakan sarana pengaduan terkait The Company provides a means of complaints regarding
produk dan pelayanan yang diberikan melalui: Kantor products and services provided through: PT Pertamina
Pusat PT Pertamina Geothermal Energy Tbk. Geothermal Energy Tbk Head Office.
Grha Pertamina - Tower Pertamax Lt. 7 Grha Pertamina - Pertamax Tower Fl. 7
Jl. Medan Merdeka Timur No. 11-13 Gambir, Jakarta Jl. Medan Merdeka Timur No. 11-13 Gambir, Jakarta
Pusat 10110 Pusat 10110
Telwpon: (021) 3983 3222 Telwpon : (021) 3983 3222
Surel : pcc@pertamina.com Surel : pcc@pertamina.com
Kontak Pertamina: 135 Pertamina contact: 135
Laporan pengaduan tersebut kemudian diteruskan kepada The complaint report is then forwarded to the Backroom
Tim Backroom untuk dilakukan analisa terhadap keluhan Team for analysis of the complaint. Management of
tersebut. Pengelolaan keluhan pelanggan mengacu customer complaints refers to the Organizational Work
pada Tata Kerja Organisasi Penanganan Permasalahan/ Procedure for Customer Problems/Complaints Response
Keluhan pelanggan No. B-003/PGE212/2018-S9. No. B-003/PGE212/2018-S9. As of the end of 2023,
Hingga akhir tahun 2023 Perseroan tidak menerima the Company did not receive any complaints regarding
pengaduan terkait pelanggan. customers.
.
Identifikasi dan
Pemangku Kepentingan Keluhan Diterima Klarifikasi Masalah Eskalasi/Disposisi Klarifikasi Masalah
Stake Holder Complaints Received Problem Identification Escalation/ Disposition Classification of Problems
and Classification
Konfirmasi Solusi
Solusi Masalah Analisis Masalah
Masalah
Problem Solution Problem Analysis
Confirm Problem Solution
Improvement dan
Pencegahan Keluhan
Complaint Improvement
and Prevention
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realisasi penggunaan dana hasil
penawaran umum
realization of use of public offering proceeds
Pada 16 Februari 2023 PGE memperoleh pernyataan On February 16, 2023 PGE obtained an effective
efektif dari Otoritas Jasa Keuangan (OJK) untuk statement from the Financial Services Authority of
melakukan Penawaran Umum Saham Perdana (Initial Indonesia (OJK) to conduct an Initial Public Offering
Public Offering/IPO) kepada masyarakat sebanyak (IPO) to the public of 10,350,000,000 (ten billion
10.350.000.000 (sepuluh miliar tiga ratus lima puluh three hundred fifty million) common shares representing
juta) saham biasa atas nama yang mewakili 25% dari 25% of the Company's issued and paid-up capital at an
modal ditempatkan dan disetor Perseroan dengan harga offering price of Rp875 per share.
penawaran Rp875 per lembar saham.
Perseroan telah melaksanakan IPO pada 20-22 The Company conducted its IPO on February 20-22,
Februari 2023 dan berhasil meraih dana sebesar 2023 and raised Rp9,056,250,000,000 (nine trillion
Rp9.056.250.000.000 (sembilan triliun lima puluh fifty-six billion two hundred fifty million rupiah). PGE's
enam miliar dua ratus lima puluh juta rupiah). IPO IPO was oversubscribed by 3.81 times, indicating a high
PGE mengalami kelebihan permintaan (oversubscribed) level of investor confidence in PGE’s outlook.
hingga 3,81 kali, menunjukkan tingkat kepercayaan
investor yang tinggi kepada prospek PGE.
Dana yang diperoleh dari IPO setelah dikurangi seluruh Around 85% of the funds obtained from the IPO after being
biaya-biaya emisi saham, sekitar 85% akan dialokasikan deducted by all share issuance costs will be allocated by
oleh Perseroan untuk pengembangan usaha hingga tahun the Company for business development until 2025. Then
2025. Kemudian sekitar 15% atau sebanyak-banyaknya around 15% or a maximum of USD100,000,000 will
USD100.000.000 akan digunakan oleh Perseroan untuk be used by the Company to pay part of the Facilities
pembayaran sebagian Facilities Agreement tertanggal Agreement dated June 23, 2021 between the Company
23 Juni 2021 antara Perseroan dengan Mandated Lead and Mandated Lead Arrangers, Initial Syndicated
Arrangers, Kreditur Sindikasi Awal dari PT Bank Mandiri Creditors from PT Bank Mandiri (Persero) Tbk as Facility
(Persero) Tbk sebagai Facility Agent. Agent.
Jenis Penggunaan Dana Rencana* Realisasi Sisa Dana
No.
Type of Fund Usage Plan Realization Remaining funds
1 Capital expenditure (CAPEX) atau investasi pengembangan 6.373.877.707.912 369.966.361.252 6.003.911.346.660
kapasitas tambahan WKP operasional Perseroan saat ini yang
dilakukan melalui pengembangan konvesional dan utilisasi co-
generation technology
Capital expenditure (CAPEX) or investment in the development
of additional capacity for the Company's Working Areas
currently being undertaken through conventional development
and the utilization of co-generation technology.
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2 Capital expenditure (CAPEX) atau investasi pengembangan 869.165.141.988 942.498.901.814 -73.333.769.826
kemampuan digital, analitik, dan manajemen reservoir untuk
mendukung production, operation & maintenance excellence
Capital expenditure (CAPEX) or investment in the development
of digital, analytical, and reservoir management capabilities to
support production, operation & maintenance excellence.
3 Pembayaran sebagai Facilitles Agreement tertanggal 23 Juni 1.530.100.000.000 1.530.100.000.000 -
2024 antara Perseroan dengan Mandated Lead Arrangers,
Kreditur Sindikasi Awal dan PT Bank Mandiri (Persero) Tbk
sebagai Facility Agent
Payment under the Facilities Agreement dated June 23, 2024,
between the Company and the Mandated Lead Arrangers,
Initial Syndicate Creditors, and PT Bank Mandiri (Persero) Tbk
as the Facility Agent.
Total 8.773.142.849.900 2.842.565.263.066 5.930.577.586.834
*Nilai hasil penawaran umum bersih setelah dikurangi biaya penawaran umum yang telah terkomitmen dalam prospektus
*The net proceeds of the public offering after deducting the committed public offering expenses as stated in the prospectus.
kebijakan pembayaran dividen
dividend payment policy
Berdasarkan Undang-undang Perseroan Terbatas (UUPT) In accordance with the Limited Liability Company Law
dan Anggaran Dasar Perseroan, keputusan mengenai (UUPT) and the Company’s Articles of Association,
pembagian dividen diambil melalui keputusan pemegang decisions regarding dividend distribution are taken
saham dalam Rapat Umum Pemegang Saham (RUPS) through shareholder decisions at the annual General
tahunan atas usul Direksi. Sesuai UUPT, Perseroan wajib Meeting of Shareholders (GMS) at the recommendation
mengadakan RUPS selambat-lambatnya enam bulan of the Board of Directors. Under the UUPT, the Company
setelah setiap akhir tahun buku. is required to hold a GMS no later than six months after
the end of each financial year
Perseroan dapat membagikan dividen jika memiliki The Company may distribute dividends if it has a positive
saldo laba yang positif. Sebelum tahun buku berakhir, profit balance. Before the financial year ends, the
Perseroan dapat membagikan dividen interim sepanjang Company may distribute interim dividends so long as it
tidak mengakibatkan kekayaan bersih Perseroan menjadi does not result in the Company’s net assets becoming
kurang dari jumlah modal ditempatkan dan disetor dan less than the amount of issued and paid-up capital and
cadangan wajib. statutory reserves.
Pembagian dividen interim ditentukan oleh Direksi The distribution of interim dividends is determined by the
Perseroan setelah terlebih dahulu disetujui oleh Dewan Board of Directors of the Company after prior approval
Komisaris Perseroan. Jika setelah akhir tahun buku yang by the Board of Commissioners of the Company. If after
bersangkutan Perseroan mengalami kerugian, maka the end of the relevant financial year the Company incurs
dividen interim yang dibagikan harus dikembalikan oleh a loss, the interim dividends distributed must be returned
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pemegang saham kepada Perseroan, dan Direksi dan by the shareholders to the Company, and the Board of
Dewan Komisaris Perseroan akan bertanggung jawab Directors and Board of Commissioners of the Company
secara tanggung renteng jika dividen interim tidak will be jointly and severally liable if the interim dividends
dikembalikan. are not returned.
Setelah melakukan IPO, dengan memperhatikan After the IPO, with due observance of the above policy
kebijakan yang telah disampaikan di atas serta melihat and in view of the Company’s overall financial condition,
kondisi keuangan Perseroan secara keseluruhan, the Company plans to propose the distribution of cash
Perseroan berencana untuk mengusulkan pembagian dividends to all shareholders based on a maximum
dividen tunai kepada seluruh pemegang saham dividend payout ratio of 50% (fifty per cent) of net profit
berdasarkan rasio pembayaran dividen maksimal 50% after setting aside sufficient reserves, without prejudice
(lima puluh persen) dari laba bersih setelah menyisihkan to the right of the GMS to determine otherwise, in
cukup cadangan, dengan tidak mengurangi hak RUPS accordance with the Company’s Articles of Association.
untuk menentukan lain, sesuai dengan Anggaran Dasar
Perseroan.
Penetapan, jumlah dan pembayaran dividen tunai di The determination, amount and payment of cash
masa mendatang akan bergantung pada berbagai dividends in the future will depend on various factors,
faktor, termasuk, namun tidak terbatas pada: (i) laba including, but not limited to: (i) retained earnings,
ditahan, kinerja operasi, arus kas, prospek usaha dan operating performance, cash flow, future business
kondisi keuangan Perseroan di masa depan, dan (ii) prospects and financial condition of the Company, and
faktor-faktor lain yang dianggap relevan oleh para (ii) other factors deemed relevant by the Company’s
pemegang saham Perseroan. shareholders.
Kebijakan dividen ini akan berlaku sehubungan dengan This dividend policy will apply with respect to the
laba bersih Perseroan setelah pajak untuk tahun buku Company’s net profit after tax for the financial year
yang berakhir pada tahun 2023 dan seterusnya. ending 2023 onwards. So long as the Company decides
Sepanjang Perseroan memutuskan untuk membagikan to distribute dividends, dividends will be paid in Rupiah.
dividen, dividen akan dibayarkan dalam Rupiah. Setelah After the Initial Public Offering of Shares, the Company
Penawaran Umum Perdana Saham, Perseroan tidak akan will not be restricted by any existing loan agreements
dibatasi oleh perjanjian pinjaman mana pun yang ada regarding the distribution of dividends.
sehubungan dengan pembagian dividen.
Pemegang saham Perseroan pada tanggal pencatatan Shareholders of the Company on the applicable record
yang berlaku akan berhak atas sejumlah penuh dividen date will be entitled to the full amount of the approved
yang disetujui, dan tunduk kepada pemotongan pajak dividend, subject to Indonesian withholding tax.
Indonesia yang dikenakan. Dividen yang diterima oleh Dividends received by non-Indonesian shareholders will
pemegang saham bukan warga negara Indonesia akan be subject to Indonesian withholding tax of 20%, with
dikenakan pemotongan pajak Indonesia sebesar 20%, reduced rates available depending on the relevant tax
dengan pengurangan tarif tersedia tergantung pada treaties signed by Indonesia and its treaty partners.
perjanjian pajak terkait yang ditandatangani oleh
Indonesia dan mitra perjanjiannya.
Besaran dividen untuk tahun buku 2023 akan diputuskan The amount of dividends for the financial year 2023 will
pada RUPS Perseroan di tahun 2024. be decided at the Company’s GMS in 2024.
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informasi mengenai investasi, ekspansi,
divestasi, akuisisi, restrukturisasi
utang/modal
information on investment, expansion, divestment, acquisition,
debt/capital restructuring
Sepanjang tahun 2023, Perseroan tidak mencatatkan Throughout 2023, the Company did not record any
transaksi material yang mengandung investasi, ekspansi, material transactions containing investment, expansion,
divestasi, akuisisi, restrukturisasi utang maupun modal. divestment, acquisition, debt or capital restructuring.
informasi transaksi material
mengandung benturan kepentingan
dan/atau afiliasi
material transaction information contains conflicts of interest
and/or affiliation
Selama periode pelaporan, Perseroan melakukan During the reporting period, the Company carried out
transaksi dengan pihak-pihak berelasi yakni PT Pertamina transactions with related parties, namely PT Pertamina
(Persero) dan entitas anak maupun entitas pengendali (Persero) and its subsidiaries as well as controlling
dan entitas yang berelasi dengan pemerintahan. entities and entities related to the Government.
Transaksi meliputi pembiayaan, pembelian bahan Transactions include financing, fuel purchases, charges
bakar, pembebanan imbalan kerja pekerja perbantuan, for employee benefits for auxiliary workers, charges
pembebanan biaya bunga dan biaya asuransi, dividen, for interest and insurance costs, dividends, and other
dan transaksi penyerahan barang dan jasa lainnya. transactions for the delivery of goods and services. Apart
Selain itu, terdapat pula transaksi lain dengan pihak from that, there are also other transactions with associates
asosiasi maupun afiliasi. Transaksi material dilakukan and affiliates. Material transactions are carried out to
untuk memenuhi peraturan dan ketentuan terkait comply with the rules and regulations regarding Related
Pengungkapan Pihak-pihak Berelasi yang diatur pada Party Disclosures as regulated in PSAK 7.
PSAK 7.
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Alasan dilakukannya transaksi dengan pihak afiliasi The grounds for carrying out transactions with affiliated
dan pihak-pihak lain yang berelasi antara lain karena parties and other related parties , among other things,
Perseroan merupakan bagian dari industri energi are because the Company is part of a larger integrated
terintegrasi yang lebih besar di bawah Subholding energy industry under the PNRE PERTAMINA Subholding,
PNRE PERTAMINA, dan Holding PT Pertamina (Persero). and the PT Pertamina (Persero) Holding. Transactions
Transaksi dengan pihak berelasi terjadi karena sifat with related parties occur because of the nature of the
transaksi terkait operasional perusahaan. transactions related to company operations.
Sifat Hubungan dengan Pihak Berelasi
Nature of Relations with Related Parties
Hubungan Pihak Berelasi
Relations Related Parties
Pemegang Saham 1. PT Pertamina Power Indonesia
Shareholders 2. PT Pertamina Pedeve Indonesia
1. PT Pertamina Hulu Energi dan entitas anaknya/and its subsidiaries (“PHE”)
2. PT Elnusa Tbk. dan entitas anaknya/and its subsidiaries (“Elnusa”)
3. PT Pertamina Drilling Services Indonesia dan entitas anaknya/and its subsidiaries (“PDSI”)
4. PT Tugu Pratama Indonesia dan entitas anaknya/ and its subsidiaries (“TPI”)
5. PT Patra Jasa dan entitas anaknya/and its subsidiaries (“Patra Jasa”)
6. PT Perusahaan Gas Negara dan entitas anaknya/ and its subsidiaries (“PGN”)
7. PT Pertamina Bina Medika (“Pertamedika”)
Entitas Sepengendali
8. PT Pertamina Training & Consulting (“PTC”)
Entities under Common Control
9. PT Pertamina International EP (“PIEP”)
10. PT Pertamina EP (”Pertamina EP”)
11. PT Pertamina Retail (“Pertamina Retail”)
12. PT Pertamina Lubricants (“Lubricants”)
13. PT Perta-Samtan Gas (“Pertasamtan”)
14. PT Pertamina Patra Niaga dan entitas anaknya/ and its subsidiaries (“Patra Niaga”)
15. PT Pertamina Trans Kontinental dan entitas anaknya/ and its subsidiaries (“PTK”)
1. PT PLN (Persero), dan entitas anaknya/ and its subsidiaries
2. PT Indonesia Power
3. PT Rekayasa Industri (Persero) (“Rekind”)
4. PT Telekomunikasi Indonesia Tbk (“Telkom”)
5. PT Asuransi Jiwa Tugu Mandiri (“Tugu Mandiri”)
Entitas yang Berelasi dengan 6. PT Sucofindo (Persero) (“Sucofindo”)
Pemerintah 7. Direktorat Jenderal Anggaran (“DJA”)
Government-Related Entities 8. Direktorat Jenderal Pajak (“DJP”)
9. Dana Pensiun Pertamina
10. Bank BNI
11. Bank Mandiri
12. Bank BRI
13. Bank BTN
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Pihak Yang Bertransaksi Dan Sifat Hubungan Afiliasi
Transacting Parties and Nature of Affiliate Relations
Transaksi | Transaction
Hubungan Pihak Berelasi
Relations Related Parties 2023 2022 2021
Piutang Usaha | Trade Receivables
Entitas berelasi dengan Pemerintah
PT PLN 115.305 108.255 110.890
Entity related to the Government
Entitas berelasi dengan Pemerintah
PT Indonesia Power 16.968 11.870 10.443
Entity related to the Government
Piutang Lain-lain | Other Receivables
Entitas di bawah pengendalian yang sama
PHE 2.574 - 2.711
Entity Under Common Control
Entitas di bawah pengendalian yang sama
Pertamina 212 542 2.037
Entity Under Common Control
Entitas berelasi dengan Pemerintah
DJA 2.120 1.429 1.634
Entity related to the Government
Lain-lain | Others 514 366 461
Utang Usaha | Trade Payables
Entitas di bawah pengendalian yang sama
Parta Niaga 3.195 1.255 1.260
Entity Under Common Control
Entitas berelasi dengan Pemerintah
Wika 779 0 0
Entity related to the Government
Entitas di bawah pengendalian yang sama
Pertamina 101 387 731
Entity Under Common Control
Lain-lain Others 468 140 35
Utang Lain-lain | Other Payables
PPI 21 64.420 0
Entitas di bawah pengendalian yang sama
Pertamina 25.561 27.338 26.423
Entity Under Common Control
Pedeve 0 5.586 0
Entitas di bawah pengendalian yang sama
Lain-lain 370 352 584
Entity Under Common Control
Pendapatan Usaha | Operating Revenue
Entitas berelasi dengan Pemerintah
PT PLN 313.227 307.603 288.115
Entity related to the Government
Entitas berelasi dengan Pemerintah
PT Indonesia Power 73.266 64.331 66.735
Entity related to the Government
Penjelasan Mengenai Kewajaran Explanation of Transaction Fairness
Transaksi
Secara berkala, Perseroan melakukan audit atas The Company periodically conducts audits of transactions
transaksi yang berlangsung pada kurun waktu periode that take place during the reporting period. The Company
pelaporan. Perseroan memastikan transaksi yang terjadi ensures that transactions are fair and carried out through
bersifat wajar dan dilaksanakan melalui mekanisme yang a transparent mechanism and in accordance with laws
transparan serta sesuai dengan peraturan perundang- and regulations. Until the end of the reporting period
undangan. Hingga akhir periode pelaporan tahun 2023, in 2023, the Company has never received sanctions
Perseroan tidak pernah mendapatkan sanksi terkait related to allegations of impropriety of transactions that
dugaan ketidakwajaran atas transaksi yang terjadi occurred or allegations of conflicts of interest.
maupun dugaan adanya benturan kepentingan.
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perubahan peraturan
perundang-undangan
changes in laws and regulations
Sepanjang tahun 2023 tidak terdapat perubahan Throughout 2023, there were no changes in laws and
peraturan perundang-undangan yang memiliki dampak regulations that had a significant impact on the Company.
signifikan terhadap Perseroan.
Tabel Perubahan Peraturan Perundang-Undangan
Table of Changes in Laws and Regulations
Informasi Penyesuaian yang
Peraturan
Pokok Dampak Kuantitatif dan/atau dilakukan Perusahaan
Perundang –
Kualitatif terhadap Perusahaan
Undangan
No Pengaturan
Quantitative and/or Qualitative
Laws and
Basic Settings Impact on the Company Information on Adjustments
Regulations
made by the Company
Dampak Kualitatif:
a. Amandemen terhadap Harga Uap
dan/atau listrik dalam PJBU dan/atau
PJBL diperlukan persetujuan Menteri
mengenai Harga Listrik dan Uap apabila
perubahan harga lebih tinggi dari
harga pembelian Listrik atau Uap dalam
Perpres ini Pemberlakuan Peraturan Presiden No.
b. Proses pelaksanaan pembelian Tenaga 112 Tahun 2022 ini telah diidentifikasi
Percepatan Listrik dan Harga Pembelian tenaga dan tidak berdampak pada Harga
Peraturan Presiden
Pengembangan Listrik (Pasal 32), bagi: - Badan Hukum Uap dan Listrik yang ada dalam
Republik Indonesia
Energi Terbarukan yang telah mendapat IPB sebelum PJBU dan PJBL yang berlaku saat ini
(Perpres) Nomor 112
Untuk Penyediaan Perpres ini berlaku; dan - Badan Hukum dan telah ditandatangani sebelum
Tahun 2022
Tenaga Listrik yang belum dapat Persetujuan Harga berlakunya Perpres ini
Tenaga listrik dari Menteri
1
Qualitative Impact:
Presidential
Accelerated Implementation of Presidential
Regulation of the
Development of a. Amendment to Steam and/or electricity Regulation No. 112 of 2022 has been
Republic of Indonesia
Renewable Energy for price in PJBU and/or PJBL requires identified and has no impact on Steam
(Perpres) Number
the Supply of Electric Ministerial approval on Electricity and and Electricity Prices in the PJBU and
112 of 2022
Power Steam Price if the price change is higher PJBL which are currently in effect and
than Electricity or Steam purchase price in were signed before the enforcement of
this Presidential Regulation. this Presidential Decree
b. Implementation process of Electricity
purchase and Electricity Purchase Price
(Article 32), for: - Legal Entities that have
received IPB before this Presidential
Regulation applies; and - Legal Entities
that have not received Power Price
Approval from the Minister.
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Analisa Dan Pembahasan Manajemen
Managementdiscussion And Analysis
Dampak Kualitatif:
a. Penambahan sanksi administratif bagi
Badan Usaha pemegang Perizinan
Berusaha di bidang Panas Bumi yang
melanggar atau tidak memenuhi
ketentuan sebagaimana diuraikan dalam
Pasal 40 Undang-undang Panas Bumi,
berupa Denda Administrasi.
b. Perubahan sanksi administratif bagi Setiap
Orang yang melakukan pengusahaan
Panas Bumi untuk Pemanfaatan Langsung
yang tidak memenuhi atau melanggar
ketentuan sebagaimana diuraikan dalam
Pasal 50 Undang-undang Panas Bumi,
berupa pencabutan Perizinan Berusaha.
c. Penambahan sanksi administratif bagi
Badan Usaha pemegang izin Panas Bumi
yang melanggar atau tidak memenuhi
ketentuan sebagaimana diuraikan dalam
Pasal 56, berupa denda administratif.
d. Perubahan sanksi pidana sebagaimana
yang dijelaskan dalam Pasal 74, berupa
suatu korporasi selain pidana penjara
dan denda terhadap pengurusnya,
pidana yang dapat dijatuhkan terhadap Perubahan terhadap ketentuan dalam
Perpu Nomor 2 korporasi berupa pidana denda dengan Undang-undang Panas Bumi tersebut
Undang-undang
Tahun 2022 tentang pemberatan 1/3 (sepertiga) kali dari telah diidentifikasi untuk menjaga
Nomor 11 Tahun
Cipta Kerja pidana denda. Serta pidana tambahan, ketaatan (compliance) Perusahaan
2020 tentang Cipta
berupa pencabutan Perizinan Berusaha terhadap peraturan perundangan yang
Kerja.
dan/atau pencabutan status badan berlaku.
2 hukum.
Government
Regulation in Lieu Qualitative Impact:
Law Number 11
of Law Number 2 Changes to the provisions in the
of 2020 on Job
of 2022 on Job a. The addition of administrative sanctions Geothermal Law have been identified
Creation
Creation for Business Entities holding Business to maintain the Company’s compliance
Permits in the Geothermal sector that with applicable laws and regulations.
violate or do not fulfill the provisions as
outlined in Article 40 of the Geothermal
Law, in the form of Administrative Fines.
b. Changes in administrative sanctions
for any Person conducting Geothermal
exploitation for Direct Utilization who
does not meet or violate the provisions as
outlined in Article 50 of the Geothermal
Law, in the form of revocation of Business
Permits.
c. The addition of administrative sanctions
for Business Entities holding Geothermal
licenses that violate or do not fulfill the
provisions as described in Article 56, in
the form of administrative fines.
d. Changes in criminal sanctions as
described in Article 74, in the form of a
corporation in addition to imprisonment
and fines against its management, the
punishment that can be imposed on the
corporation is in the form of a fine with an
aggravation of 1/3 (one-third) times the
fine. As well as additional punishment, in
the form of revocation of Business Permit
and/or revocation of legal entity status.
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Analisa Dan Pembahasan Manajemen
Managementdiscussion And Analysis
ikhtisar kebijakan akuntansi penting
overview of significant accounting policies
Pada 2023 terdapat sejumlah kebijakan akuntansi baru In 2023, there were a number of new accounting policies
yang diterapkan pada laporan keuangan Perseroan, applied to the Company’s financial reports, including:
antara lain:
• Amandemen PSAK 22: Kombinasi Bisnis – Rujukan • Amendment to PSAK 22: Business Combinations –
ke Kerangka Konseptual Reference to Conceptual Framework
• Amandemen ini mengklarifikasi interaksi antara PSAK • This amendment clarifies the interaction between
22, PSAK 57, ISAK 30 dan Kerangka Konseptual PSAK 22, PSAK 57, ISAK 30 and the Conceptual
Pelaporan Keuangan Framework for Financial Reporting
• Penyesuaian Tahunan 2020 – PSAK 71: Instrumen • 2020 Annual Adjustment – PSAK 71: Financial
Keuangan Instruments
• Penyesuaian Tahunan 2020 – PSAK 73: Sewa • 2020 Annual Adjustment – PSAK 73: Leases The
Implementasi kebijakan akuntansi tersebut tidak implementation of this accounting policy did not
memberikan dampak signifikan terhadap laporan have a significant impact on the Company’s financial
keuangan Perseroan. statements.
kelangsungan usaha dan strategi
keberlangsungan usaha
business continuity and business sustainability strategy
Perseroan secara rutin melakukan peninjauan atau The Company regularly conducts a review or assessment
assessment terhadap kemampuan, pencapaian of capabilities, achievement of performance targets, and
target kinerja, serta prospek usaha. Assessment atas business prospects. Assessment of the Company's business
kelangsungan usaha Perseroan dilakukan melalui continuity is conducted through Strength Weakness
analisis Strength Weakness Opportunity Threat (SWOT), Opportunity Threat (SWOT) analysis, Strategic Position
Strategic Position and Action Evaluation (SPACE) dan and Action Evaluation (SPACE) and implementation of
implementasi Sistem Manajemen Kelangsungan Bisnis Business Continuity Management System (BCMS) in the
(SMKB) apabila terjadi disrupsi terhadap proses bisnis. event of disruption to business processes.
Hingga Laporan Tahunan 2023 diterbitkan, tidak Until the issuance of the 2023 Annual Report, there are no
terdapat temuan atas ketidakpastian material yang findings of material uncertainties that may cast significant
dapat menimbulkan keraguan yang signifikan terhadap doubt on the Company's ability to maintain business
kemampuan Perseroan untuk mempertahankan continuity.
kelangsungan usaha.
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Analisa Dan Pembahasan Manajemen
Managementdiscussion And Analysis
Meski demikian, kami tetap mewaspadai beberapa However, we remain alert to several risks that have
risiko yang berpotensi memengaruhi pencapaian kinerja the potential to affect the Company’s performance
Perseroan seperti: achievements, such as:
1. Terjadinya impairment pada proyek maupun area. 1. Impairment of PGE Project and Area Assets.
2. Unschedule shut down dan dispatching pada sistem 2. Unschedule shut down and dispatching in PLTP
PLTP. systems.
3. Tidak tercapainya HSSE excellence. 3. Failure to achieve HSSE Excellence
4. Bencana alam. 4. Natural Disaster.
5. Kerugian akibat fluktuasi kurs. 5. Losses due to Exchange Rate Fluctuations.
6. Penurunan kapasitas produksi sumur. 6. Decrease in Well Production Capacity.
7. Adanya tuntutan hukum. 7. Lawsuits.
8. Menurunnya value PGE sebagai emiten di pasar 8. PGE's Declining Value as an Issuer in the Capital
modal pasca IPO. Market Post IPO.
9. Adanya cyber attack terhadap jaringan & aplikasi. 9. Cyber Attack on PGE Network & Applications.
10. Menurunnya corporate image Perseroan. 10. Decline in the Company’s Corporate Image.
Kami terus menerapkan manajemen risiko dan melakukan We continue to implement risk management and mitigation
upaya mitigasi untuk menjaga keberlangsungan usaha, efforts to maintain business continuity, by ensuring
dengan memastikan aspek keselamatan dan keamanan the safety and security aspects of operations given the
operasi mengingat kondisi topografi wilayah potensi topographical conditions of geothermal potential areas
panas bumi yang umumnya berada di dataran tinggi which are generally located in highlands and mountains
maupun pegunungan yang berpotensi terhadap risiko that have the potential for geohazard risks.
geohazard.
Perseroan bekerja sama dengan berbagai pihak The Company partners with various parties including
termasuk universitas dan instansi terkait untuk melakukan universities and related agencies to conduct geohazard
studi geohazard sebagai acuan dalam mengembangkan studies as a reference in developing an early warning
sistem peringatan dini (early warning system) yang system, which is a means to detect potential geohazards
merupakan sarana untuk mendeteksi potensi geohazard nearby PGE Areas and Projects. In addition, each PGE
di sekitar Area dan Proyek PGE. Selain itu setiap Area Area and Project is equipped with gas detector devices
dan Proyek PGE dilengkapi perangkat gas detector untuk to detect gas leaks and the presence of toxic gasses, to
mendeteksi kebocoran gas dan keberadaan gas beracun, ensure the safety of workers and the locals.
untuk menjamin keselamatan pekerja dan warga sekitar.
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Analisa Dan Pembahasan Manajemen Managementdiscussion And Analysis elevate Laporan Tahunan 2023 Annual Report 271
Page 272
272 elevate Laporan Tahunan 2023 Annual Report
Page 273
tata kelola
perusahaan
good corporate
governance
elevate Laporan Tahunan 2023 Annual Report 273
Page 274
Tata Kelola Perusahaan
Good Corporate Governance
ikhtisar gcg pge
50%
pge gcg overview
Komisaris Independen
Independent Commissioners
100% Tingkat Kepatuhan
>93% Rata-rata Tingkat
Kehadiran Dewan
Komisaris dan Direksi
Pelaporan LHKPN dalam Rapat
LHKPN Reporting Compliance Rate Average Level of Attendance
of the Board of Commissioners
and the Board of Directors in
Meetings
Seluruh wilayah operasi
Perseroan telah tersertifikasi
Sistem Manajemen Anti
Penyuapan (SMAP)
berdasarkan ISO
37001:2016 sejak tahun
8.4 #3 dengan risiko ESG
terendah di dunia dari 701
Perusahaan di Industri Utilities
#3 with the lowest ESG risk in the
world out of 701 Companies in the
Utilities Industry
#120 dari 15.717 perusahaan
secara global yang
2021
diperingkat
oleh Sustainalytics
All of the Company’s operation #120 out of 15.717 companies
areas have been certified with globally ranked by Sustainalytic
Anti-Bribery Management
System based on ISO
37001:2016 since 2021 (negligible risk)
NEGL LOW MEDIUM HIGH SEVERE
0-10 10-20 20-30 30-40 40+
Keterangan:
LHKPN: Laporan Harta Kekayaan Penyelenggara Negara.
Sustainalytics: Lembaga penelitian, pemeringkatan dan penyedia data ESG independen terkemuka di dunia.
Note:
LHKPN: Wealth Report of State Officials.
Sustainalytics: The world’s leading independent ESG research, rating, and data provider.
274 elevate Laporan Tahunan 2023 Annual Report
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Tata Kelola Perusahaan
Good Corporate Governance
tujuan dan komitmen penerapan gcg
gcg implementation objectives and commitment
PGE meyakini bahwa penerapan Tata Kelola Perusahaan PGE believes that the implementation of Good Corporate
yang Baik atau Good Corporate Governance (GCG) Governance (GCG) is key to ensuring long-term business
adalah kunci untuk memastikan keberlangsungan usaha sustainability. PGE implements GCG not only to comply
dalam jangka panjang. Penerapan GCG di PGE bukan with the applicable regulations but also to fulfill its
hanya sebagai pemenuhan terhadap peraturan yang commitment to running the business in a responsible
berlaku, melainkan komitmen menjalankan bisnis secara manner.
bertanggung jawab.
Tujuan penerapan GCG di PGE antara lain: The objectives of GCG implementation at PGE are as
follows:
• Meningkatkan kesungguhan manajemen dalam • To intensify the management’s earnestness in
menerapkan prinsip keterbukaan, akuntabilitas, implementing principles of openness, accountability,
pertanggungjawaban, kemandirian, dan responsibility, independence, and fairness in
kewajaran dalam pengelolaan Perseroan, agar managing the Company so that it has a strong
memiliki daya saing yang kuat, baik secara competitiveness at the national and international
nasional maupun internasional. levels.
• Memaksimalkan nilai, meningkatkan kemandirian • To optimize values, improve the independence of
organ Perseroan, dan mendorong pengelolaan the Company’s organs, and promote professional,
Perseroan secara profesional, transparan, dan transparent, and efficient management of the
efisien. Company.
• Mendorong organ Perseroan agar membuat • To encourage the Company’s organs to make
keputusan dan melakukan tindakan dilandasi decisions and take actions based on high moral values,
nilai moral yang tinggi dan kepatuhan terhadap comply with applicable laws and regulations, and
peraturan perundang-undangan yang berlaku, be aware of the social responsibility to stakeholders.
serta kesadaran akan adanya tanggung jawab
sosial terhadap para pemangku kepentingan.
• Meningkatkan kontribusi Perseroan dalam • To increase the Company’s contribution to the
perekonomian nasional. national economy.
• Menarik minat dan menjaga kepercayaan • To attract investors and maintain their trust.
investor.
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Tata Kelola Perusahaan
Good Corporate Governance
Komitmen penerapan GCG di tubuh Perseroan salah The commitment to GCG implementation at the Company
satunya adalah melalui pembentukan Koordinator is evident through, among others, the establishment of
Penerapan dan Pemantauan GCG (KPPG) sejak tahun the GCG Implementation and Monitoring Coordinator
2021 berdasarkan Surat Perintah Direktur Utama (KPPG) in 2021 based on Letter of Appointment of the
Nomor 042/PGE000/2021-S0 tanggal 21 Juni 2021. President Director Number 042/PGE000/2021-S0 dated
Hal ini sesuai dengan amanat Peraturan Menteri Badan June 21, 2021. It aligns with the mandate envisaged in
Usaha Milik Negara (BUMN) No.PER-2/MBU/03/2023 Regulation of the Minister of State-Owned Enterprises
tentang Pedoman Tata Kelola dan Kegiatan Korporasi (SOEs) No.PER-2/MBU/03/2023 on Manual for
Signifikan BUMN. Governance and Significant Corporate Activities of SOEs.
KPPG PGE memiliki tugas dan tanggung jawab yang PGE’s KPPG has the following duties and responsibilities:
mencakup:
● Coordinating the implementation, monitoring,
• Mengkoordinasikan penerapan, pemantauan, enforcement, and fulfillment of GCG.
penegakan, dan pemenuhan GCG.
● Ensuring that the Company and all employees
• Memastikan Perseroan dan seluruh karyawan have appropriately implemented and enforced
telah menerapkan dan menegakkan GCG yang GCG in running the business.
baik dalam pelaksanaan bisnis.
● Managing compliance issues at the Company.
• Mengelola isu-isu kepatuhan di dalam Perseroan.
dasar hukum penerapan gcg
legal basis for gcg implementation
Penerapan GCG di Perseroan berlandaskan pada The GCG implementation at the Company is based on
peraturan perundang-undangan yang berlaku, yaitu: applicable laws and regulations, namely:
1. Undang-Undang No. 40 Tahun 2007 tentang 1. Law Number 40 of 2007 on Limited Liability
Perseroan Terbatas. Companies.
2. Peraturan Menteri Badan Usaha Milik 2. Regulation of the Minister of
Negara (BUMN) No. PER-2/MBU/03/2023 State-Owned Enterprises (SOEs) Number
tentang Pedoman Tata Kelola dan PER-2/MBU/03/2023 on Manual for
Kegiatan Korporasi Signifikan BUMN. Governance and Significant Corporate Activities
of SOEs.
3. Peraturan Otoritas Jasa Keuangan (OJK) 3. Regulation of the Financial Services Authority
No. 021/POJK.04/2015 tentang Penerapan (POJK) Number 021/POJK.04/2015 on the
Pedoman Tata Kelola Perusahaan Terbuka. Implementation of Governance Manual for
Public Companies.
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Tata Kelola Perusahaan
Good Corporate Governance
4. Surat Edaran OJK No. 32/SEOJK.04/2015 4. Circular of the Financial Services Authority
tentang Pedoman Tata Kelola Perusahaan Terbuka. (SEOJK) Number 32/SEOJK.04/2015
on Governance Manual for Public Companies.
5. Anggaran Dasar Perseroan. 5. The Company’s Articles of Association.
penerapan prinsip gcg
implementation of gcg principles
Untuk memastikan bisnis berjalan sesuai tujuan To ensure that the business runs in accordance with
penerapan GCG, Perseroan menerapkan prinsip-prinsip the objectives of GCG implementation, the Company
GCG secara menyeluruh di PGE melalui: implements GCG principles thoroughly at PGE by:
• Pelibatan seluruh organ dan pekerja Perseroan. • Involving all organs and employees of the
Company.
• Penyesuaian aktivitas bisnis dengan peraturan
perundang-undangan yang berlaku dan etika • Adjusting business activities to applicable laws
bisnis sesuai dengan nilai-nilai inti (core values) and regulations and business ethics in line with the
Badan Usaha Milik Negara (BUMN) yaitu core values of State-Owned Enterprises (SOEs),
Amanah, Kompeten, Harmonis, Loyal, Adaptif, namely Trustworthy, Competent, Harmonious,
dan Kolaboratif (AKHLAK). Loyal, Adaptive, and Collaborative (AKHLAK).
• Menjadikan GCG sebagai bagian dari Budaya • Making GCG a part of the Corporate Culture,
Perseroan yang terdiri dari tiga hal utama, which consists of three main pillars, namely the
yaitu budaya kerja keras, budaya disiplin, dan culture of hard work, discipline, and gratitude.
budaya bersyukur.
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Tata Kelola Perusahaan
Good Corporate Governance
Prinsip GCG GCG Principles
PRINSIP GCG
GCG Principles
Keterbukaan dalam proses pengambilan keputusan serta pengungkapan informasi material dan relevan mengenai Perseroan. Transparansi
juga mencakup pemberian informasi yang dibutuhkan publik berkaitan dengan produk dan aktivitas operasional Perseroan, yang secara
potensial dapat mempengaruhi perilaku pemangku kepentingan.
Transparency in the decision-making process and disclosure of material and relevant information on the Company. Transparency also
includes providing any information needed by the public regarding the Company’s products and operational activities, which can
potentially influence stakeholders’ behavior.
Akuntabilitas
Accountability
Kejelasan fungsi, pelaksanaan dan pertanggungjawaban organisasi yang memungkinkan pengelolaan Perseroan terlaksana secara
efektif. Akuntabilitas berkaitan dengan pelaksanaan tugas dan wewenang yang dimiliki seseorang atau fungsi kerja dalam melaksanakan
tanggung jawab yang dibebankan Perseroan.
Clarity of functions, implementation, and responsibility of the organization that enables effective management of the Company.
Accountability relates to the implementation of duties and authorities of an individual or work function in carrying out the
responsibilities imposed by the Company.
Pertanggungjawaba
Responsibility
Kesesuaian dalam pengelolaan Perseroan terhadap peraturan perundangan yang berlaku dan prinsip-prinsip korporasi yang sehat.
Perseroan akan memastikan pengelolaan meliputi kepatuhan terhadap peraturan perundang-undangan, serta ketentuan yang
berlaku sebagai cerminan tanggung jawab korporasi yang baik.
Conformity in the management of the Company with the applicable laws and regulations and sound corporate principles. The
Company will ensure that the management includes compliance with laws and regulations, as well as applicable provisions as a
reflection of good corporate responsibility.
Independensi
Independence
Pengelolaan Perseroan secara profesional tanpa benturan kepentingan dan pengaruh atau tekanan dari pihak manapun yang tidak
sesuai dengan peraturan perundangan yang berlaku dan prinsip-prinsip korporasi yang sehat. Kemandirian merupakan keharusan
agar organ Perseroan dapat bertugas dengan baik, serta mampu membuat keputusan yang baik bagi Perseroan.
Professional management of the Company without conflicts of interest and influence of or pressure from any party that does not align
with applicable laws and regulations and sound corporate principles. Independence must be implemented to enable the Company’s
organs to work properly and make good decisions for the Company.
Kewajaran
Fairness
Perlakuan yang sama dalam memenuhi hak-hak pemangku kepentingan yang timbul berdasarkan perjanjian dan/atau ketentuan
dan/atau peraturan perundangan yang berlaku. Perseroan menjamin perlindungan hak-hak para pemegang saham, termasuk hak-
hak pemegang saham minoritas dan pemangku kepentingan, sehingga mendapatkan perlakukan setara tanpa adanya diskriminasi.
Equal treatment in fulfilling the rights of stakeholders arising from agreements and/or provisions and/or applicable laws and
regulations. The Company guarantees the protection of the rights of shareholders, including the rights of minority shareholders and
stakeholders, so that they receive equal treatment without discrimination.
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Tata Kelola Perusahaan
Good Corporate Governance
Kerangka, Struktur dan Mekanisme GCG Implementation Framework,
Penerapan GCG Structure, and Mechanism
Kerangka GCG GCG Framework
Kerangka penerapan GCG Perseroan secara umum In general, the Company’s GCG implementation
terbagi menjadi 3 (tiga) bagian, yaitu: framework is divided into 3 (three) parts, namely:
1. Governance Structure 1. Governance Structure
Merupakan struktur tata kelola yang terdiri dari A governance structure that consists of main organs
organ utama dan organ pendukung. and supporting organs.
2. Governance Process 2. Governance Process
Merupakan proses dan mekanisme kerja dari organ The work process and mechanism for governance
tata kelola. organs.
3. Governance Outcome 3. Governance Outcome
Merupakan hasil dari penerapan tata kelola. The results of governance implementation.
Visi, misi dan nilai budaya Perseroan, Anggaran Dasar The Company’s vision, missions, and cultural values,
serta kode etik dan rencana kerja perusahaan (RKAP/ Articles of Association, code of ethics, and Company
RJPP) menjadi dasar penerapan struktur, proses dan Work Plan and Budget/Company Long-Term Plan (RKAP/
mekanisme kerja tata kelola Perseroan. Keseluruhannya RJPP) are the basis for implementing the Company’s
berlandaskan kepada prinsip GCG sebagai fondasi. governance structure, process, and working mechanism.
These are all based on GCG principles as the foundation.
Kerangka Tata Kelola Perusahaan yang Baik
Good Corporate Governance Framework
GOVERNANCE OUTCAME
GOVERNANCE STRUCTURE GOVERNANCE PROCES
• Dewan Komisaris • Pedoman GCG
Board of Commissioners GCG Code
• Direksi • Board Manual
Board of Directors
• Organ Pendukung Dewan Komisaris • Plagam dan Kebijkan Lainnya
Supporting Organs of the Board of Charters and Other Policies
Commissioners
• Organ Pendukung Direksi
Supporting Organs of the Board of
Directors
Anggaran Dasar Visi, Misi dan Nilai Budaya Kode Etik RKAP/RJPP
Articles of Association Vision, Mission, and Cultural Values Code of Conduct WPB/CLTP
Transparansi Akuntanbilitas Tanggung Jawab Indenpedensi Keadilan
Transparency Accountability Responsibility Independence Fairness
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Tata Kelola Perusahaan
Good Corporate Governance
Struktur GCG GCG Structure
Sesuai Undang-undang Nomor 40 tahun 2007 tentang In accordance with Law Number 40 of 2007 on Limited
Perseroan Terbatas, struktur GCG secara garis besar Liability Companies, the GCG structure generally consists
terdiri dari tiga organ utama Perseroan yang berdiri of three main organs of the Company that stand alone:
sendiri yaitu: Rapat Umum Pemegang Saham (RUPS), the General Meeting of Shareholders (GMS), the Board
Dewan Komisaris dan Direksi. Setiap organ memiliki of Commissioners, and the Board of Directors. Each organ
wewenang dan tanggung jawab yang jelas has clear authorities and responsibilities, as stipulated in
sebagaimana diatur di dalam peraturan dan Anggaran the Company’s regulations and Articles of Association.
Dasar Perseroan. Governance Structure
Perseroan juga membentuk organ pendukung baik yang The Company also established supporting organs under
berada di bawah Dewan Komisaris maupun Direksi. the Board of Commissioners and the Board of Directors.
Organ pendukung Dewan Komisaris terdiri dari Komite Organs supporting the Board of Commissioners are
Audit, Komite Nominasi & Remunerasi, dan Komite the Audit Committee, Nomination & Remuneration
Investasi dan Manajemen Risiko. Sedangkan organ Committee, and Investment and Risk Management
di bawah Direksi terdiri dari Komite Manajemen Risiko, Committee. Meanwhile, organs under the Board
Sekretaris Perusahaan, Internal Audit dan divisi lainnya of Directors are the Risk Management Committee,
Corporate Secretary, Internal Audit, and other divisions.
Struktur Tata Kelola
Governance Structure
RAPATUMUM PEMEGANG SAHAM
General Meeting of Shareholders
DIREKSI DEWAN KOMISARIS
Board of Directors Board of Commissionerss
Sekretaris Dewan Komisaris
Sekretaris Perusahaan
Secretary of the Board of
Corporate Secretary
Commissioners
Komite Investasi dan Komite Nominasi dan Remunerasi
Internal Audit Komite Audit
Manajemen Risiko Nomination and Remuneration
Internal Audit Audit Committee
Investment and Rick Management Committee
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Tata Kelola Perusahaan
Good Corporate Governance
Mekanisme GCG GCG Mechanism
Mekanisme GCG adalah proses yang mengatur peran GCG mechanism is a process that governs the roles
dan fungsi dari masing-masing organ utama tata kelola. and functions of each main organ of governance. This
Mekanisme ini mendorong terciptanya hasil tata kelola mechanism pushes for the optimal governance outcome
yang optimal dan memberikan nilai tambah bagi and creates added value for the Company’s internal and
pemangku kepentingan Perseroan, baik internal maupun external stakeholders.
eksternal.
PEMANGKU PEMANGKU
KEPENTINGAN INTERNAL KEPENTINGAN EKSTERNAL
Internal Stakeholders External Stakeholders
• Pemegang Saham • Regulator
Shareholders Regulators
• Dewan Komisaris • Pelanggan
Board of Commissioners Customers
• Direksi • Pemasok/Mitra
Board of Directors Suppliers/Partners
• Pekerja • Pesaing
Employees Competitors
• Masyarakat
Communities
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Tata Kelola Perusahaan
Good Corporate Governance
Dalam penerapan mekanisme tersebut, Perseroan In implementing the mechanism, the Company established
membuat berbagai kebijakan maupun pedoman sebagai various policies and manual for carrying out the
panduan menjalankan aktivitas bisnis Perseroan dalam Company’s business activities within the GCG corridor,
koridor GCG, antara lain melalui: including:
Pedoman GCG Pedoman GCG (Code of Corporate Governance) secara
Code of Corporate Governance umum memuat tentang prinsip-prinsip, pedoman bagi organ
Perseroan, dan pedoman bagi pemangku kepentingan. Pedoman
yang berlaku saat ini telah disahkan dan ditandatangani oleh Dewan Komisaris
dan Direksi melalui Surat Keputusan No. Kpts-022/DK/PGE/2023-S0 dan
No. Kpts-058/PGE000/2023-S0 tanggal 30 Agustus 2023. Pedoman tersebut
telah disosialisasikan kepada organ Perseroan, pekerja, dan pemangku kepentingan
melalui broadcast Perseroan, portal Perseroan, situs jejaring, dan sosialisasi GCG
serta dimuat di dalam situs web Perseroan.
Overall, the Code of Corporate Governance comprises principles, guidelines
for the Company’s organs, and guidelines for stakeholders. The Code that is currently
applicable has been approved and signed by the Board of Commissioners and
the Board of Directors through Decrees Number Kpts-022/DK/PGE/2023-S0 and
Number Kpts-058/PGE000/2023-S0 dated August 30, 2023. The Code has been
disseminated to the Company’s organs, employees, and stakeholders through the
Company’s broadcast channel, portal, network, GCG dissemination program, and
website.
Board Manual Board Manual merupakan pedoman yang menjelaskan secara garis besar hal-hal yang
berkenaan dengan tata kerja Direksi dan Dewan Komisaris serta proses hubungan fungsi
antara Direksi, Dewan Komisaris dan antara kedua organ Perseroan tersebut. Pedoman ini
telah mengalami pembaruan melalui Surat Keputusan No. Kpts-022/DK/PGE/2023-S0
dan No. Kpts-058/PGE000/2023-S0 tanggal 30 Agustus 2023. Selain itu, Board
Manual juga telah disosialisasikan kepada organ Perseroan, pekerja, dan pemangku
kepentingan Perseroan melalui broadcast Perseroan, portal GCG, dan situs web
Perseroan.
Board Manual is a manual that outlines matters relating to the work
procedures of the Board of Directors and the Board of Commissioners, as
well as the process of functional relations between the Board of Directors,
the Board of Commissioners, and between the two Company organs. This
manual has been updated by Decrees Number Kpts-022/DK/PGE/2023-S03
and Number Kpts-058/PGE000/2023-S0 dated August 30, 2023. In addition, the
Board Manual has also been disseminated to the Company’s organs, employees, and
stakeholders through the Company’s broadcast channel, GCG portal, and website.
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Good Corporate Governance
Pedoman Etika Usaha Pedoman Etika Usaha dan Tata Perilaku (Code of Conduct) adalah pedoman
dan Tata Perilaku yang menjadi dasar dan acuan bagi Insan Perseroan dalam melaksanakan
Code of Business Ethics and Code kegiatan usahanya termasuk dalam berinteraksi dengan pemangku kepentingan.
of Conduct Code of Conduct secara umum mengatur hal-hal yang menjadi tanggung jawab
Perseroan, pekerja, maupun mitra usaha. Pedoman yang berlaku saat ini telah disahkan
dan ditandatangani oleh Dewan Komisaris dan Direksi melalui Surat Keputusan
No. Kpts-035/DK/PGE/2023-S0 dan No. Kpts-036/PGE000/2023-S0 tanggal 31
Mei 2023, dan telah dimuat di dalam situs web Perseroan.
The Code of Business Ethics and Code of Conduct are guidelines that serve as the
basis and reference for the Company personnel in carrying out their business activities,
including interacting with stakeholders. In general, the Code of Conduct regulates
matters that become the responsibility of the Company, employees, and business
partners. The current guidelines have been approved and signed by the Board of
Commissioners and the Board of Directors through Decrees Number Kpts-035/DK/
PGE/2023-S and Number Kpts- 309/PGE000/2020-S0 dated May 31, 2023 that
have been published on the Company website.
Pedoman Whistleblowing System Pertamina Group telah menerapkan sistem pelaporan pelanggaran atau
(WBS) Whistleblowing System (WBS) secara tersentralisasi dan dikelola oleh Fungsi Internal
Whistleblowing System (WBS) Audit PT Pertamina (Persero) yaitu WBS Pertamina Clean bersama dengan konsultan
Policy independen. PGE telah meratifikasi Pedoman WBS PT Pertamina (Persero) No. A9-
001/J00000/2022-S9 Tanggal 19 Januari 2022 melalui Surat Edaran Direktur Utama
PGE No. E-066/PGE000/2022-S8 tanggal 28 Juli 2022. Pedoman tersebut memuat
materi terkait mekanisme penyampaian pelaporan pelanggaran, perlindungan
pelapor, dan unit pengelola sistem pelaporan pelanggaran.
Pertamina Group has implemented a whistleblowing system (WBS) in a centralized
manner that is managed by the Internal Audit Function of PT Pertamina (Persero),
namely WBS Pertamina Clean together with independent consultants. PGE has ratified
the WBS Manual of PT Pertamina (Persero) Number A9-001/J00000/2022-S9 dated
January 19, 2022 through the Circular of the President Director of PGE Number
E-066/PGE000/2022-S8 dated July 28, 2022. The manual contains materials related
to the mechanism for submitting violation reports, whistleblower protection, and the
whistleblowing system management unit.
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Tata Kelola Perusahaan
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Pedoman Konflik Kepentingan Perseroan mengatur ketentuan terkait benturan kepentingan dengan menyusun Pedoman
Manual for Conflicts of Interest Penanganan Konflik Kepentingan (Conflict of Interest) No. A-001/PGE500/2022-S9
tanggal 31 Mei 2022. Penyusunan pedoman tersebut ditujukan dalam menjaga integritas
untuk menghindari Konflik Kepentingan dengan menerapkan prinsip GCG sebagai bagian
dari implementasi nilai utama AKHLAK.
The Company regulates provisions on conflicts of interest by compiling Manual for
Handling Conflicts of Interest Number A-001/PGE500/2022-S9 dated May 31,
2022. The manual aims to maintain integrity in order to avoid Conflicts of Interest by
applying GCG principles as part of the implementation of AKHLAK core values.
Pedoman Kewajiban Pedoman Kewajiban Penyampaian LHKPN mengatur kebijakan terkait laporan atas
Penyampaian Laporan hak kekayaan yang wajib dilaporkan dan diumumkan oleh setiap penyelenggara
Harta Kekayaan (LHKPN) negara sebagai bentuk pencegahan terhadap timbulnya tindakan korupsi, kolusi,
Manual for Mandatory Submission dan nepotisme. Kebijakan terkait LHKPN yang berlaku saat ini di Perseroan mengacu
of State Officials’ Wealth Report pada Pedoman Kewajiban Penyampaian LHKPN PT Pertamina (Persero) No. A13-001/
(LHKPN) N00200/2021-S0 dalam Surat Keputusan Direktur Utama PT Pertamina (Persero)
No. Kpts-03/ C00000/2021-S0 tanggal 1 Februari 2021 dan Akta Notaris No 50
tanggal 25 Februari 2022 tentang Persetujuan Pembaharuan pedoman Kewajiban
Penyampaian Laporan Harta Kekayaan Penyelenggaraan negara PT Pertamina
Geothermal Energy Tbk.
The Manual for Mandatory LHKPN Submission regulates policies related
to reports on property rights that must be reported and announced by
every state official as a form of prevention against acts of corruption,
collusion, and nepotism. The Company’s current LHKPN policy refers to PT
Pertamina (Persero)’s Manual for Mandatory LHKPN Submission Number
A13-001/N00200/2021-S0 in Decree of the President Director of PT Pertamina
(Persero) Number Kpts-03/C00000/2021-S0 dated February 1, 2021 and Notarial
Deed Number 50 dated February 25, 2022 on Approval for the Renewal of Manual
for Mandatory State Officials’ Wealth Report Submission of PT Pertamina Geothermal
Energy Tbk.
Pedoman Pengendalian Perseroan telah menetapkan Pedoman Pengendalian Gratifikasi No. A002/
Gratifikasi PGE500/2022-S9 tanggal 22 November 2022, sebagai kebijakan pendukung
Manual for Gratuity Control program pengendalian gratifikasi. Pedoman ini menjadi bagian yang tidak terpisahkan
dalam penegakan Code of Conduct.
The Company has established Gratification Control Manual Number A002/
PGE500/2022-S9 dated November 22, 2022 as a supporting policy for the
gratification control program. The manual is an integral part of enforcing the Code of
Conduct.
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Memperkuat Penerapan GCG Reinforcing GCG Implementation
Perseroan secara berkala melakukan penyempurnaan The Company makes periodical improvements
untuk memperkuat penerapan GCG. Perbaikan dan to Reinforce GCG implementation. Improvements and
peningkatan dilakukan berdasarkan temuan hasil enhancements are carried out based on audit findings,
audit, rekomendasi Komite Audit dan Dewan Komisaris, recommendations of the Audit Committee and the Board
hasil pemantauan pengendalian internal hingga hasil of Commissioners, internal control monitoring results, and
penilaian mandiri (self-assessment) GCG. GCG self-assessment results.
PGE juga terus melakukan edukasi, pelatihan dan PGE also continues to provide education, training,
sosialisasi terkait penerapan GCG, yang melibatkan and dissemination on GCG implementation, involving
seluruh lapisan manajemen dari mulai Direksi, karyawan all layers of the management, starting from the Board
hingga pihak-pihak yang bekerja sama dengan of Directors and employees to the Company’s business
Perseroan. Tujuannya agar pemahaman GCG dapat partners. The objective is to have the GCG internalized in
terinternalisasi di seluruh lini organisasi Perseroan. every line of the Company organization.
Pada tahun 2023 Perseroan melakukan monitoring GCG In 2023, the Company has scrutinized the GCG
Implementation Compliance sebagai berikut: Implementation Compliance. The results are as follows:
1. Penyampaian pernyataan/ laporan GCG pada 1. Submission of GCG statements/reports on the
Portal GCG Online oleh seluruh Pekerja PGE, Online GCG Portal by all PGE Employees.
dengan persentase yang telah melaporkan The following is the reporting percentage:
sebagai berikut:
• Code of Conduct (CoC) : 100% • Code of Conduct (CoC) : 100%
• Conflict of Interest (CoI) : 100% • Conflicts of Interest (CoI) : 100%
• Gratifikasi : 100% (Pemberian • Gratuities : 100% (Granting
dan Penolakan). and Refusal).
2. Persentase penyampaian kewajiban LHKPN 2. The percentage of mandatory LHKPN submission
periode tahun 2022 yang dilaporkan pada tahun in 2022 reported in 2023 reached 100%
2023 sebesar 100% (sebanyak 179 orang). (179 people).
3. Sosialisasi GCG sebanyak 11 kegiatan. 3. GCG dissemination for 11 times
Berdasarkan monitoring tersebut, realisasi GCG As such, the GCG Implementation Compliance rate
Implementation Compliance tahun 2023 sebesar in 2023 reached 107.38% (with a score of 99.87,
107,38% (skor 99,87, melebihi target 93%). exceeding the target of 93%).
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rapat umum pemegang saham (rups)
general meeting of shareholders (gms)
Rapat Umum Pemegang Saham (RUPS) adalah organ General Meeting of Shareholders (GMS) is the
tertinggi Perseroan yang memiliki kewenangan yang Company’s highest organ that has authorities that are not
tidak dimiliki oleh Dewan Komisaris atau Direksi dalam granted to the Board of Commissioners or the Board of
batas yang ditentukan oleh Undang-Undang Perseroan Directors within the limits stipulated by Law on Limited
Terbatas dan/atau Anggaran Dasar Perseroan. Liability Companies and/or the Company’s Articles of
Association.
Kewenangan RUPS termasuk mengangkat dan The GMS’ authorities include appointing and dismissing
memberhentikan anggota Dewan Komisaris dan members of the Board of Commissioners and the Board
Direksi, meminta pertanggungjawaban Direksi atas of Directors, demanding the responsibility of the Board of
pengelolaan manajemen Perseroan hingga memberikan Directors for the Company’s management, and granting
persetujuan atas aksi korporasi. RUPS juga menjadi approval for corporate actions. The GMS also serves as
forum pengambilan keputusan terkait kepentingan usaha a decision-making forum related to the business interest of
Perseroan dan Anak Perusahaan. the Company and Subsidiaries.
RUPS terdiri atas: The GMS consists of:
1. RUPS Tahunan (RUPST) untuk pengambilan 1. Annual GMS (AGMS) for making resolutions
keputusan terkait bisnis dan operasional related to business and operations, including
termasuk pengesahan Laporan Keuangan approving Financial Statements and Annual
dan Laporan Tahunan, pembayaran dividen, Reports, payment of dividends, changes in the
perubahan komposisi Dewan Komisaris composition of the Board of Commissioners and the
dan Direksi, penetapan remunerasi Dewan Board of Directors, the stipulation of remuneration
Komisaris dan Direksi, perubahan Anggaran for the Board of Commissioners and the Board of
Dasar serta penunjukan Auditor Eksternal. Directors, changes in the Articles of Association,
RUPST diselenggarakan selambatnya 6 and appointment of External Auditors. AGMS is
(enam) bulan setelah akhir tahun buku. held at the latest 6 (six) months following the end
of the fiscal year.
2. RUPS Luar Biasa (RUPSLB) yang dapat 2. Extraordinary GMS (EGMS) that can be convened
diselenggarakan sewaktu-waktu atas permintaan at any time upon the request of Shareholders,
Pemegang Saham, Dewan Komisaris dan Direksi the Board of Commissioners, and the Board
sesuai ketentuan yang berlaku. of Directors in accordance with applicable
provisions.
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Pemegang Saham Perseroan Company Shareholders
As of December 31, 2023, the shareholders of the Company
Per 31 Desember 2023, pemegang saham Perseroan
are PT Pertamina Power Indonesia (69.01%), Masdar
adalah PT Pertamina Power Indonesia (69,01%),
Indonesia Solar Holding RSC Limited (15.00%), the public
Masdar Indonesia Solar Holding RSC Limited (15,00%),
(10%), and PT Pertamina Pedeve Indonesia (5.99%).
masyarakat (10%), dan PT Pertamina Pedeve Indonesia
With that composition, PT Pertamina Power Indonesia is
sebesar (5,99%). Dengan komposisi tersebut, PT
the majority shareholder of the Company.
Pertamina Power Indonesia merupakan pemegang
saham utama Perseroan.
15%
10%
69,01% masyarakat
public
5,99%
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Hak dan Tanggung Jawab Pemegang Rights and Obligations of Shareholders
Saham
Hak pemegang saham adalah sebagai berikut: The rights of shareholders are as follows:
1. Menghadiri RUPS dan memberikan suara sesuai 1. To attend the GMS and cast their vote in
dengan klasifikasi dan jumlah saham yang accordance with their classification and number
dimiliki. of shares owned.
2. Menerima pembagian dari keuntungan Perseroan 2. To receive distribution of the Company’s profit in
dalam bentuk dividen dan bentuk pembagian the form of dividends and other forms of profit
keuntungan lainnya sebanding dengan jumlah sharing in proportion to the number of shares
saham yang dimilikinya. owned.
3. Memperoleh informasi material mengenai 3. To obtain material information about the Company
Perseroan secara tepat waktu dan teratur. in a timely and regular manner.
4. Memberikan kuasa dengan hak substitusi 4. To grant power with substitution rights to
kepada perorangan atau badan hukum untuk individuals or legal entities to represent them at
mewakilinya dalam RUPS. the GMS.
5. Menerima secara proporsional sisa lebih 5. To receive proportionately the excess of liquidation
perhitungan likuidasi apabila Perseroan calculation in the event that the Company is
dilikuidasi. liquidated.
6. Mengajukan gugatan ke Pengadilan Negeri 6. To file a lawsuit to the District Court against a member
terhadap anggota Direksi yang karena kesalahan of the Board of Directors whose error or negligence
atau kelalaiannya menimbulkan kerugian pada caused losses to the Company (shareholders
Perseroan (pemegang saham yang mewakili representing at least 1/10 (one-tenth) of the
paling sedikit 1/10 (satu per sepuluh) bagian total number of shares with valid voting rights).
dari jumlah seluruh saham dengan hak suara
yang sah).
7. Melihat Daftar Pemegang Saham dan Daftar 7. To view the List of Shareholders and the Special
Khusus pada waktu jam kerja kantor Perseroan. Register during business hours at the Company’s
office.
8. Menyelenggarakan RUPS dalam hal Direksi lalai 8. To convene the GMS in the event that the Board
menyelenggarakan RUPST dan RUPSLB. of Directors fails to hold the AGMS and EGMS.
Sementara tanggung jawab pemegang saham antara Meanwhile, shareholders also hold responsibilities:
lain:
1. Melaksanakan GCG sesuai dengan wewenang 1. Shareholders must implement the GCG
dan tanggung jawabnya. in accordance with their authorities and
responsibilities.
2. Tunduk kepada Anggaran Dasar dan semua
keputusan yang diambil dengan sah dalam 2. Shareholders must comply with the Articles of
RUPS, serta peraturan perundang-undangan Association and all decisions legally made at the
yang berlaku. GMS as well as applicable laws and regulations.
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Tata Kelola Perusahaan
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3. Pemegang saham mayoritas mempunyai 3. The majority shareholders hold a similar
tanggung jawab serupa, yakni dilarang responsibility: they are not allowed to misuse
menyalahgunakan hak mereka menurut peraturan their rights in accordance with applicable laws
perundang-undangan yang berlaku. and regulations.
4. Pemegang saham tidak diperkenankan 4. Shareholders are not allowed to intervene in the
mencampuri kegiatan operasional Perseroan Company’s operational activities, which are the
yang menjadi tanggung jawab Direksi sesuai responsibility of the Board of Directors based
dengan Anggaran Dasar Perseroan dan on the Company’s Articles of Association and
peraturan perundang-undangan yang berlaku. applicable laws and regulations.
5. Pemegang saham memiliki tanggung jawab 5. Shareholders are responsible for promoting
untuk mendorong pelaksanaan prinsip GCG the implementation of GCG principles in the
dalam proses pengelolaan Perseroan. Company’s management process.
6. Tanggung jawab lainnya yang diatur dalam 6. Shareholders hold other responsibilities as
Anggaran Dasar dan peraturan perundang- regulated in the Articles of Association and
undangan yang berlaku. applicable laws and regulations.
Ketentuan Penyelenggaraan RUPS Ketentuan Penyelenggaraan RUPS
Anggaran Dasar Perseroan telah mengatur ketentuan The Company’s Articles of Association have regulated
pelaksanaan RUPST paling lambat 6 bulan that the AGMS is held no later than 6 months after the
setelah tahun buku berakhir, dan RUPSLB dapat fiscal year ends and the EGMS can be held at any time
diselenggarakan sewaktu-waktu berdasarkan kebutuhan. if necessary.
Pemegang saham juga memiliki hak dalam mengambil Shareholders also have the right to make a legal
keputusan yang sah tanpa melaksanakan RUPS atau resolution without holding the GMS, which is called
disebut Keputusan Pemegang Saham secara Sirkuler. Circular Resolution of Shareholders. The resolution is
Keputusan tersebut diambil dengan memperhatikan achieved by taking into account the following provisions:
ketentuan berikut:
• Seluruh pemegang saham telah diberitahu secara • All shareholders have been notified in writing.
tertulis.
• Seluruh pemegang saham memberikan • All shareholders give approval for the proposal
persetujuan mengenai usul yang diajukan submitted in writing and sign an agreement.
secara tertulis tersebut, serta menandatangani
persetujuan.
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Tata Kelola Perusahaan
Good Corporate Governance
Persiapan RUPS GMS Preparation
Sebelum pelaksanaan RUPS, Perseroan melakukan Prior to the GMS, the Company announces and calls for
pengumuman dan pemanggilan RUPS yang dilaksanakan the GMS carried out following the applicable regulations.
sesuai dengan peraturan yang berlaku. Sesuai peraturan In accordance with POJK Number 15/POJK.04/2020
Otoritas Jasa Keuangan (OJK) No. 15/POJK.04/2020 on Plans and Implementation of General Meeting of
tentang Rencana dan Penyelenggaraan Rapat Umum Shareholders of Public Companies, the Company must
Pemegang Saham Perusahaan Terbuka, Perseroan wajib announce the GMS 14 (fourteen) days prior to the GMS
melakukan pengumuman RUPS 14 (empat belas) hari invitation.
sebelum pemanggilan RUPS.
Sementara pemanggilan RUPS diadakan 21 (dua puluh Meanwhile, the invitation to the GMS is made
satu) hari sebelum tanggal penyelenggaraan RUPS. 21 days prior to the GMS. The letter of media of
Surat atau media pemanggilan harus mencakup informasi invitation must cover the following information:
sebagai berikut:
• Agenda RUPS: Materi, usulan dan penjelasan • GMS Agenda: Materials, proposals, and other
lain berkaitan dengan agenda RUPS. explanations related to the GMS agenda.
• Waktu Pelaksanaan: Hari, tanggal dan jam • Time of the GMS: Day, date, and time of meeting.
pelaksanaan.
• Tempat pelaksanaan: Tempat kedudukan • Place of the GMS: The domicile of the Company
Perseroan atau tempat Perseroan melakukan or places where the Company carries out its
kegiatan usahanya dan harus terletak di wilayah business activities and they must be located within
Negara Kesatuan Republik Indonesia (NKRI). the territory of the Unitary State of the Republic
of Indonesia.
Pelaksanaan RUPS Implementation of the GMS
Pelaksanaan RUPS dilakukan apabila kuorum kehadiran The GMS is held if the attendance quorum has been
telah terpenuhi sebagaimana disyaratkan dalam peraturan fulfilled, as required in the applicable regulations.
yang berlaku. RUPS dipimpin oleh seorang anggota The GMS is chaired by a member of the Board of
Dewan Komisaris yang ditunjuk oleh Dewan Komisaris. Commissioners appointed by the Board of Commissioners.
RUPS diawali dengan pembukaan oleh pimpinan rapat The GMS begins with the chair of the meeting asking the
menanyakan kepada Notaris mengenai keabsahan Notary regarding the legality of the GMS organization
pelaksanaan RUPS, serta menyampaikan dasar hukum and conveying the legal basis for the GMS as well as the
pelaksanaan RUPS dan susunan agenda RUPS yang telah composition of the determined GMS agenda. Additional
ditetapkan. Agenda tambahan RUPS dapat dibahas agenda for the GMS may be discussed if it is approved
jika memang disetujui oleh seluruh Pemegang Saham. by all Shareholders.
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Proses penyelenggaraan RUPS dilaksanakan The GMS is held based on:
berdasarkan:
1. UU No. 40 Tahun 2007 tentang Perseroan 1. Law Number 40 of 2007 on Limited Liability
Terbatas. Companies.
2. UU No. 19 Tahun 2003 tentang Badan Usaha 2. Law Number 19 of 2003 on State-Owned
Milik Negara. Enterprises.
3. UU No. 14 Tahun 2008 tentang Keterbukaan 3. Law Number 14 of 2008 on Public Information
Informasi Publik. Disclosure.
4. Peraturan Menteri Badan Usaha Milik Negara 4. Regulation of the Minister of State-Owned
(BUMN) No.PER-2/MBU/03/2023 tentang Enterprises (SOEs) Number PER-2/MBU/03/2023
Pedoman Tata Kelola dan Kegiatan Korporasi on Manual for Governance and Significant
Signifikan BUMN. Corporate Activities of SOEs.
5. Peraturan Otoritas Jasa Keuangan (OJK) 5. POJK Number No.15/POJK.04/2020
No.15/POJK.04/2020 tentang Rencana Dan on Plans and Implementation of General
Penyelenggaraan Rapat Umum Pemegang Meeting of Shareholders of Public Companies.
Saham Perusahaan Terbuka.
6. Anggaran Dasar Perseroan. 6. The Company’s Articles of Association.
Ketentuan Kuorum dan Pengambilan Provisions for Quorum and Decision-
Keputusan Making
Ketentuan kuorum terkait kehadiran dalam RUPS diatur Provisions for quorum related to GMS attendance are
dalam Anggaran Dasar Perseroan. RUPS dinyatakan regulated in the Company’s Articles of Association. The
kuorum apabila kehadiran sebagaimana disyaratkan GMS quorum is met if the attendance required in the Law
dalam Undang-Undang Perseroan Terbatas telah on Limited Liability Companies is fulfilled. Resolutions at
terpenuhi. Pengambilan keputusan dalam RUPS the GMS are made based on amicable discussion and
dilaksanakan berdasarkan musyawarah untuk mufakat considered legal if they are approved by a number of
dan dianggap sah jika disetujui oleh sejumlah bagian voting rights present at the GMS in accordance with the
dari hak suara yang hadir dalam RUPS sesuai dengan provisions of applicable regulations and the Company’s
ketentuan peraturan yang berlaku dan Anggaran Dasar Articles of Association through a transparent and fair
Perseroan melalui prosedur yang transparan dan adil. procedure.
Dalam hal keputusan berdasarkan musyawarah untuk In the event that a resolution based on amicable
mufakat tidak tercapai, keputusan diambil berdasarkan discussion is not reached, the resolution is made based
suara terbanyak yang berlaku dengan mensyaratkan on the applicable majority vote by requiring a greater
jumlah suara setuju yang lebih besar. Hasil RUPS number of affirmative votes. The results of the GMS are
didokumentasikan oleh Sekretaris Perusahaan, documented by the Corporate Secretary and the Notary
dan Notaris membuat Risalah RUPS dalam setiap composes the Minutes of the GMS every time a GMS is
kali penyelenggaraan RUPS. Risalah RUPS harus held. The Minutes of the GMS must be documented and
didokumentasikan dan disimpan oleh Sekretaris kept by the Corporate Secretary.
Perusahaan.
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Pelaksanaan Penghitungan Suara Vote-Counting Process
Pelaksanaan penghitungan suara pada RUPS dilakukan Votes are counted at the GMS through the e-voting
melalui mekanisme e-voting dan divalidasi oleh Biro mechanism and validated by the Company’s Securities
Administrasi Efek (BAE) Perseroan. Di tahun 2023, BAE Administration Bureau (BAE). In 2023, the Company’s
Perseroan adalah PT Datindo Entrycom. BAE was PT Datindo Entrycom.
Pelaksanaan RUPS 2023 GMS in 2023
RUPST 5 Juni 2023 AGMS on June 5, 2023
Pada 2023, PGE melaksanakan RUPST perdana pada In 2023, PGE held inaugural AGMS on June 5, 2023.
5 Juni 2023. Pelaksanaan RUPST dilaksanakan sesuai The AGMS was held in accordance with Law Number
Undang-Undang No. 40 tahun 2007 tentang Perseroan 40 on Limited Liability Companies and POJK Number
Terbatas dan POJK No.15/POJK.04/2020 tentang No.15/POJK.04/2020 on Plans and Implementation of
Rencana dan Penyelenggaraan Rapat Umum Pemegang General Meeting of Shareholders of Public Companies.
Saham Perusahaan Terbuka.
RUPST Perseroan dilaksanakan pada 5 Juni 2023 di The Company’s AGMS was held on June 5, 2023 at
Hotel Mulia Senayan, Jalan Asia Afrika, Jakarta dan Mulia Senayan Hotel on Jalan Asia Afrika in Jakarta.
dihadiri oleh pemegang saham serta perwakilan atau It was attended by shareholders and representatives
kuasa dari pemegang saham sebanyak 40.442.310.028 or proxies of shareholders of 40,442,310,028 shares,
saham, atau mewakili 97,696% dari seluruh saham yang representing 97.696% of a total of 41,396,142,000
telah dikeluarkan Perseroan dengan hak suara yang sah shares issued by the Company with valid voting rights.
sejumlah 41.396.142.000 saham.
Dengan demikian, kuorum yang disyaratkan dalam Therefore, the quorum required in the Articles of
Anggaran Dasar Perseroan telah terpenuhi dan Association has been fulfilled and thus the Annual
karenanya RUPST adalah sah dan berhak untuk GMS was declared valid and entitled to take legal
mengambil keputusan yang sah dan mengikat mengenai and binding decisions regarding matters discussed in
hal-hal yang dibicarakan sesuai dengan agenda RUPST. accordance with the AGMS agenda.
RUPST dihadiri oleh Dewan Komisaris dan Direksi The AGMS was attended by the Board of Commissioners
sebagai berikut: and the Board of Directors as follows:
292 elevate Laporan Tahunan 2023 Annual Report
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Tata Kelola Perusahaan
Good Corporate Governance
Dewan Komisaris l The Board of Commissioners
Komisaris Utama /Komisaris Independen
: Sarman Simanjorang
President Commissioner /Independent Commissioner
Komisaris
: Harris
Commissioner
Direksi l The Board of Directors
Direktur Utama
: Ahmad Yuniarto
President Director
Direktur Eksplorasi dan Pengembangan
: Rachmat Hidajat
Director of Exploration and Development
Direktur Operasi
: Eko Agung Bramantyo
Director of Operations
Direktur Keuangan
: Nelwin Aldriansyah
Director of Finance
Proses penghitungan suara dan/atau melakukan validasi In carrying out the vote-counting process and/or
Perseroan dibantu oleh BAE PT Datindo Entrycom. validation, the Company was assisted by Securities
Keputusan RUPST telah disahkan dengan Akta Berita Administration Bureau PT Datindo Entrycom. The AGMS
Acara Rapat Umum Pemegang Saham Tahunan resolutions were ratified by the Deed on Minutes of the
PT Pertamina Geothermal Energy Tbk oleh Notaris Annual General Meeting of Shareholders of PT Pertamina
Ir. Nanette Cahyanie Handari Adi Warsito S.H. Geothermal Energy Tbk by Notary Ir. Nanette Cahyanie
No. 01 tanggal 5 Juni 2023. Handari Adi Warsito S.H. Number 1 dated June 5, 2023.
Hasil pemungutan suara dan ringkasan risalah RUPS The voting results and a complete summary of the
secara lengkap diumumkan ke publik pada hari kerja GMS minutes are announced to the public on the next
berikutnya melalui pengumuman di media massa, online business day through announcements in the mass media,
reporting Otoritas Jasa Keuangan (OJK) dan Bursa Efek online reporting of the Financial Services Authority
Indonesia (BEI), serta informasi di situs web Perseroan. (OJK) and the Indonesia Stock Exchange (IDX), as well
Ringkasan risalah RUPS tersedia dalam situs web as information on the Company's website. The summary
Perseroan paling sedikit selama satu tahun. of GMS minutes is made available on the Company's
website for at least one year.
elevate Laporan Tahunan 2023 Annual Report 293
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Tata Kelola Perusahaan
Good Corporate Governance
Keputusan dan Realisasi RUPST AGMS Resolutions and Their
Realization
Mata Acara 1 Persetujuan Laporan Tahunan dan Laporan Keuangan Perseroan tahun buku 2022,
Agenda Item 1 disertai pemberian pelunasan dan pembebasan tanggung jawab sepenuhnya
(volledig acquit et de-charge) kepada Direksi dan Dewan Komisaris
Approval for the Company’s Annual Report and Financial Statement for Fiscal Year 2022 and
granting of the full release and discharge (volledig acquit et de-charge) to the Board of Directors
and the Board of Commissioners
Hasil Pemungutan suara Setuju Tidak Setuju
Voting Results In Favor Abstain Against
40.441.596.828 690.600 22.600
suara | votes suara | votes suara | votes
(99,9982365%) (0,0017076%) (0,0000559%)
Keputusan Rapat 1) Menyetujui dan mengesahkan Laporan Tahunan Perseroan Tahun Buku 2022, termasuk
Meeting Resolutions Laporan Pengawasan Dewan Komisaris Perseroan Tahun Buku 2022.
2) Mengesahkan Laporan Keuangan Konsolidasian Perseroan untuk tahun buku yang berakhir
pada tanggal 31 Desember 2022, beserta penjelasannya yang telah diaudit oleh Kantor
Akuntan Publik Purwantono, Sungkoro & Surja (KAP PSS) sebagaimana termuat dalam Laporan
No. 00297/2.1032/AU.1/02/1726-2/1/III/2023 tanggal 20 Maret 2023 dengan
opini bahwa “Laporan keuangan konsolidasian menyajikan secara wajar dalam semua
hal yang material”.
3) Memberikan pelunasan dan pembebasan tanggung jawab sepenuhnya
(volledig acquit et decharge) kepada Direksi dan Dewan Komisaris, sepanjang
tindakan-tindakan tersebut tercermin di dalam Laporan Tahunan Tahun Buku
2022 dan Laporan Keuangan Konsolidasian Perseroan Tahun Buku 2022,
dan bukan merupakan tindak pidana atau melanggar ketentuan peraturan
perundang-undangan yang berlaku.
1) To approve and ratify the Company’s Annual Report for Fiscal Year 2022, including the
Company’s Board of Commissioners Supervisory Report for Fiscal Year 2022.
2) To ratify the Company’s Consolidated Financial Statements for the financial year ending on
December 31, 2022, along with its note, which has been audited by the Public Accounting
Firm Purwantono, Sungkoro & Surja (KAP PSS) as stated in Report Number 00297/2.1032/
AU.1/02/1726-2/1/III/2023 dated March 20, 2023, with the opinion “The consolidated
financial statements present fairly in all material aspects.”
3) To grant full release and discharge (volledig acquit et de-charge) to the Board of Directors
and the Board of Commissioners, so long as the actions are reflected in the Annual Report
for Fiscal Year 2022 and The Company’s Consolidated Financial Statements for Fiscal Year
2022, and are not a crime or a violation of provisions of applicable laws and regulations.
Realisasi/Tindak lanjut Telah terealisasi dengan pemegang saham menerima pertanggungjawaban laporan kinerja,
Realization/Follow-up Laporan Tahunan, Laporan Keuangan, dan memberikan pelunasan dan pembebasan tanggung
jawab sepenuhnya (volledig acquit et decharge) kepada Direksi dan Dewan Komisaris untuk
tahun buku 2022 yang disahkan dengan akta Berita Acara Rapat Umum Pemegang Saham
Tahunan PT Pertamina Geothermal Energy Tbk oleh Notaris Ir. Nanette Cahyanie Handari Adi
Warsito S.H. No. 01 tanggal 05 Juni 2023.
The resolutions have been realized as the shareholders approved the accountability for the
performance report, Annual Report, and Financial Statement, and granted full release and dis-
charge (volledig acquit et de-charge) to the Board of Directors and the Board of Commissioners
for fiscal year 2022, ratified by the Deed on Minutes of the Annual General Meeting of Share-
holders of PT Pertamina Geothermal Energy Tbk by Notary Ir. Nanette Cahyanie Handari Adi
Warsito S.H. Number 1 dated June 5, 2023.
294 elevate Laporan Tahunan 2023 Annual Report
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Tata Kelola Perusahaan
Good Corporate Governance
Mata Acara 2 Penetapan penggunaan laba bersih Perseroan tahun buku 2022
Agenda Item 2 Approval of the distribution of the Company’s net profit in fiscal year 2022
Hasil Pemungutan suara
Voting Results Setuju Tidak Setuju
Abstain
In Favor Against
40.282.902.228 159.385.200 22.600
suara | votes suara | votes suara | votes
(99,6058390%) (0,3941051%) (0,0000559%)
Keputusan Rapat 1) Sebesar USD100 juta dari laba bersih perseroan tahun buku 2022 dibagikan sebagai
Meeting Resolutions dividen tunai kepada para pemegang saham perseroan dengan ketentuan sebagai
berikut:
a. Sebesar USD70 juta yang merupakan dividen interim yang telah dibayarkan
pada tanggal 27 Januari 2023, sebagai dividen kepada pemegang saham
sebelum Penawaran Umum Perdana Saham, yaitu PT Pertamina Power Indonesia
dan PT Pertamina Pedeve.
b. Sebesar USD30 juta sebagai tambahan dividen akan diberikan kepada
pemegang saham sesuai dengan porsi kepemilikannya pada tanggal pencatatan
(recording date) dan dibayarkan secara tunai dalam mata uang Rupiah dengan
menggunakan nilai tukar kurs tengah Bank Indonesia sesuai tanggal Rapat ini
c. Memberikan kuasa dan wewenang kepada direksi perseroan dengan hak
substitusi untuk menetapkan jadwal dan tata cara pembagian dividen tahun buku
2022 sesuai ketentuan yang berlaku.
2) Sebesar USD27,32 juta sebagai sisa laba bersih tahun 2022 setelah dibagikan
sebagai dividen, dialokasikan dan dibukukan sebagai cadangan, termasuk untuk
mendukung kegiatan operasional dan pengembangan Perseroan.
1) As much as USD100 million of the Company’s net profit in fiscal year 2022 was distributed
as cash dividends to the company’s shareholders with the following provisions:
a. As much as USD70 million, which are interim dividends that have been paid on
January 27, 2023, are dividends for shareholders prior to the Initial Public Offiering
of Shares, namely PT Pertamina Power Indonesia and PT Pertamina Pedeve.
b. As much as USD30 million as additional dividends are to be distributed to
shareholders in proportion to their share ownership on the recording date and
paid in cash in Rupiah using the middle rate of central bank Bank Indonesia as per
the date of this Meeting.
c. Power and authority are granted to the Company’s Board of Directors with
substitution rights to determine the schedule and procedure for dividend distribution
for fiscal year 2022 in accordance with applicable provisions.
2) As much as USD27.32 million as the remaining net profit in 2022 after dividend
distribution was allocated for and recorded as reserves, which includes supporting
operational activities and the development of the Company.
Realisasi/Tindak lanjut Pembagian dividen telah terealisasi pada tanggal 7 Juli 2023.
Realization/Follow-up Dividends have been distributed on July 7, 2023.
elevate Laporan Tahunan 2023 Annual Report 295
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Tata Kelola Perusahaan
Good Corporate Governance
Mata Acara 3 Penetapan penunjukan Kantor Akuntan Publik (untuk tahun buku 2023)
Agenda Item 3 Appointment of Public Accounting Firm (for fiscal year 2023)
Hasil Pemungutan suara Setuju Tidak Setuju
Voting Results Abstain
In Favor Against
40.047.952.172 159.404.800 234.953.056
suara | votes suara | votes suara | votes
(99,0248879%) (0,3941535%) (0,5809585%)
Keputusan Rapat 1) Menunjuk Kantor Akuntan Publik (KAP) dalam melakukan pemeriksaan Laporan
Meeting Resolutions Keuangan Konsolidasian atas Perseroan (PGE dan Anak Perusahaan) periode Tahun
Buku 2023 dan 2024 berikut besaran nilai jasanya, sesuai ketentuan dan peraturan
yang berlaku.
2) Dapat menetapkan kembali KAP yang ditunjuk pada Tahun Buku 2022 dalam melakukan
pemeriksaan atas Laporan Keuangan Perseroan (PGE dan Anak Perusahaan) untuk
periode Tahun Buku 2023 sesuai dengan hasil evaluasi Dewan Komisaris Perseroan.
3) Menunjuk KAP pengganti dalam hal KAP dimaksud, karena sebab apapun, tidak
dapat menyelesaikan audit Laporan Keuangan Perseroan (PGE dan Anak Perusahaan)
periode tahun buku 2023, termasuk menetapkan imbalan jasa audit dan persyaratan
lainnya bagi KAP pengganti tersebut dengan kriteria KAP sesuai ketentuan yang
berlaku.
1) To appoint a Public Accounting Firm to audit the Consolidated Financial Statements of
the Company (PGE and Its Subsidiaries) for Fiscal Years 2023 and 2024, as well as
to determine the amount of service fee, in accordance with applicable provisions and
regulations.
2) To allow reappointment of the Public Accounting Firm appointed in Fiscal Year 2022
to audit the Financial Statement of the Company (PGE and Its Subsidiaries) for Fiscal
Year 2023 in accordance with the evaluation results of the Company’s Board of
Commissioners.
3) To appoint a substitute Public Accounting Firm in the event that the appointed Public
Accounting Firm, on whatever grounds, fails to complete the audit of the Financial
Statement of the Company (PGE and Its Subsidiaries) for fiscal year 2023, including
determining audit services fees and other requirements for the substitute Public Accounting
Firm with Public Accounting Firm criteria in accordance with applicable regulations.
Realisasi/Tindak lanjut Telah terealisasi dengan penunjukan KAP Purwantono, Sungkoro & Surja (Ernst & Young)
Realization/Follow-up untuk mengaudit Laporan Keuangan PGE tahun 2023
The resolutions have been realized by appointing Public Accounting Firm Purwantono,
Sungkoro & Surja (Ernst & Young) to audit PGE’s 2023 Financial Statement.
296 elevate Laporan Tahunan 2023 Annual Report
Page 297
Tata Kelola Perusahaan
Good Corporate Governance
Mata Acara 4 Penetapan remunerasi tunjangan dan fasilitas lainnya tahun buku 2023 dan penghargaan atas
Agenda Item 4 kinerja (tantiem) tahun buku 2022 untuk Direksi dan Dewan Komisaris Perseroan
Determination of remuneration and other facilities in fiscal year 2023 and incentive for
performance (tantiem) in fiscal year 2022 for the Company’s Board of Directors and Board of
Commissioners.
Hasil Pemungutan suara Setuju Tidak Setuju
Voting Results Abstain
In Favor Against
40.280.728.172 708.900 160.872.956
suara | votes suara | votes suara | votes
(99,6004633%) (0,0017529%) (0,3977838%)
Keputusan Rapat 1) Remunerasi:
Meeting Resolutions Memberikan wewenang dan kuasa kepada Dewan Komisaris dengan terlebih dahulu
mendapatkan persetujuan pemegang saham pengendali Perseroan yaitu PT Pertamina
Power Indonesia untuk menetapkan honorarium, tunjangan, fasilitas lainnya, dan
fasilitas bagi anggota Dewan Komisaris dan Direksi untuk tahun 2023.
2) Tantiem:
Memberikan wewenang dan kuasa kepada Dewan Komisaris dengan terlebih dahulu
mendapatkan persetujuan pemegang saham pengendali Perseroan yaitu PT Pertamina
Power Indonesia untuk menetapkan tantiem bagi Dewan Komisaris dan Direksi untuk
kinerja tahun 2022.
1) Remuneration:
To grant authority and power to the Board of Commissioners with prior written approval
from the Company’s controlling shareholder, PT Pertamina Power Indonesia, to
determine the honorarium, allowances, other facilities, and facilities for the Board of
Commissioners and the Board of Directors in 2023.
2) Tantiem:
To grant authority and power to the Board of Commissioners with prior written approval
from the Company’s controlling shareholder, PT Pertamina Power Indonesia, to
determine the tantiem for the Board of Commissioners and the Board of Directors for
performance in 2022
Realisasi/Tindak lanjut Telah terealisasi dengan persetujuan Remunerasi Tahun 2023 dan Tantiem Tahun Buku 2022 bagi
Realization/Follow-up Direksi dan Dewan Komisaris PT PGE Tbk melalui surat Dewan Komisaris No. R-181/PGE/
DK/2023-S0 tanggal 25 Agustus 2023 perihal Rekomendasi Persetujuan Remunerasi 2023
dan Tantiem 2022 bagi Direksi dan Dewan Komisaris PT Pertamina Geothermal Energy Tbk.
Commissioners of PT PGE Tbk was approved through Letter of the Board of Commissioners
Number R-181/PGE/DK/2023-S0 dated August 25, 2023 on Recommendation for Approval
of Remuneration for 2023 and Tantiem for 2022 for the Board of Directors and the Board of
Commissioners of PT Pertamina Geothermal Energy Tbk.
elevate Laporan Tahunan 2023 Annual Report 297
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Tata Kelola Perusahaan
Good Corporate Governance
Mata Acara 5 Persetujuan laporan realisasi penggunaan dana IPO Perseroan
Agenda Item 5 Approval for the report on the realization of the use of the Company’s IPO fund
Hasil Pemungutan suara Setuju Tidak Setuju
Voting Results Abstain
In Favor Against
40.043.244.382 704.700 398.360.946
suara | votes suara | votes suara | votes
(99,0132472%) (0,0017425%) (0,9850104%)
Keputusan Rapat Menyetujui laporan realisasi penggunaan dana hasil IPO Perseroan dengan sisa dana sebesar
Meeting Resolutions Rp7.081.848.617.977.
To approve the report on the realization of the use of the Company’s IPO fund, with a remaining
fund of Rp7,081,848,617,977.
Realisasi/Tindak lanjut Telah terealisasi dengan akta Notaris Ir. Nanette Cahyanie Handari Adi Warsito S.H. No. 01
Realization/Follow-up tanggal 05 Juni 2023
The resolution has been realized by Notarial Deed Number 1 by Ir. Nanette Cahyanie Handari
Adi Warsito S.H. dated June 5, 2023.
Mata Acara 6 Persetujuan perubahan pengurus Perseroan
Agenda Item 6 Approval for changes in the Company’s management
Hasil Pemungutan suara Setuju Abstain Tidak Setuju
Voting Results In Favor Against
39.808.315.826 702.800 633.291.402
suara | votes suara | votes suara | votes
(98,4323492%) (0,0017378%) (1,5659130%)
Keputusan Rapat 1) Mengukuhkan pemberhentian dengan hormat Bapak Samsul Hidayat sebagai Komisaris
Meeting Resolutions Independen Perseroan, dengan ucapan terima kasih atas segala sumbangsih tenaga
dan pikiran yang diberikan oleh yang bersangkutan selama menjabat sebagai Komisaris
Independen Perseroan.
2) Memberhentikan dengan hormat nama-nama tersebut di bawah ini sebagai pengurus
Perseroan sebagai berikut:
a. Bapak Ahmad Yuniarto sebagai Direktur Utama Perseroan.
b. Bapak Eko Agung Bramantyo sebagai Direktur Operasi Perseroan.
terhitung sejak ditutupnya Rapat ini, dengan ucapan terima kasih atas segala sumbangsih
tenaga dan pikiran yang diberikan oleh yang bersangkutan selama menjabat sebagai
Direktur Perseroan.
3) Mengangkat nama-nama tersebut di bawah ini sebagai pengurus Perseroan sebagai
berikut:
a. Bapak Sujit S. Parhar sebagai Komisaris Independen Perseroan
b. Bapak Dannif Danusaputro sebagai Komisaris Perseroan
c. Bapak Julfi Hadi sebagai Direktur Utama Perseroan.
d. Bapak Ahmad Yani sebagai Direktur Operasi Perseroan
Masing-masing untuk satu kali periode jabatan sesuai dengan ketentuan Anggaran Dasar
Perseroan tanpa mengurangi hak RUPS untuk memberhentikan sewaktu-waktu.
4) Memberi kuasa dengan hak substitusi kepada Direksi Perseroan untuk menyatakan
perubahan susunan pengurus Perseroan dalam akta Notaris dan selanjutnya
memberitahukan perubahan susunan pengurus Perseroan tersebut kepada Menteri
Hukum dan Hak Asasi Manusia Republik Indonesia dan/atau instansi yang berwenang
berdasarkan peraturan perundang-undangan yang berlaku.
298 elevate Laporan Tahunan 2023 Annual Report
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Tata Kelola Perusahaan
Good Corporate Governance
1) To confirm the honorable discharge of Mr. Samsul Hidayat as the Company’s Independent
Commissioner with gratitude for his every contribution to the Company during his tenure as
the Company’s Independent Commissioner.
2) To honorably discharge the following names from the Company’s management:
a. Mr. Ahmad Yuniarto as the Company’s President Director
b. Mr. Eko Agung Bramantyo as the Company’s Operations Director
starting from the closing of this Meeting, with gratitude for their every contribution to the
Company during their tenure as Directors of the Company.
3) To appoint the following names as part of the Company’s management:
a. Mr. Sujit S. Parhar as the Company’s Independent Commissioner
b. Mr. Dannif Danusaputro as the Company’s Commissioner
c. Mr. Julfi Hadi as the Company’s President Director
d. Mr. Ahmad Yani as the Company’s Operations Director
Each of them is appointed for one term of office in accordance with provisions of the
Company’s Articles of Association without limiting the rights of GMS to dismiss them at any
time.
4) To grant power with substitution rights to the Company’s Board of Directors to declare the
changes in the Company’s management structure in a Notarial deed and to afterward
announce the changes in the Company’s management structure to the Minister of Law and
Human Rights of the Republic of Indonesia and/or authorized
Realisasi/Tindak lanjut Telah terealisasi efektif pada penutupan RUPST 5 Juni 2023 yang disahkan dengan akta
Realization/Follow-up Notaris Ir. Nanette Cahyanie Handari Adi Warsito S.H. No. 11 tanggal 8 Juni 2023.
The resolutions were realized effectively at the closing of the AGMS on June 5, 2023, ratified by
the Notarial Deed by Ir. Nanette Cahyanie Handari Adi Warsito S.H. Number 11 dated June
8, 2023.
elevate Laporan Tahunan 2023 Annual Report 299
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Tata Kelola Perusahaan
Good Corporate Governance
Mata Acara 7 Persetujuan perubahan Anggaran Dasar Perseroan
Agenda Item 5 Approval for changes in the Company’s Articles of Association
Hasil Pemungutan suara Setuju Tidak Setuju
Voting Results Abstain
In Favor Against
39.808.315.926 702.700 633.291.402
suara | votes suara | votes suara | votes
(98,4323494%) (0,0017375%) (1,5659130%)
Keputusan Rapat 1) Menyetujui untuk melakukan perubahan Anggaran Dasar dan menyatakan kembali
Meeting Resolutions seluruh ketentuan dalam Anggaran Dasar sehubungan dengan perubahan tersebut.
2) Menyetujui memberikan kuasa dan wewenang kepada Direktur Utama atau Direktur
lainnya dengan hak substitusi untuk melakukan segala tindakan yang dilakukan berkaitan
dengan keputusan mata acara rapat ini ke dalam suatu akta notaris dan menyampaikannya
kepada instansi yang berwenang untuk mendapatkan persetujuan dan/atau tanda
penerimaan pemberitahuan perubahan Anggaran Dasar Perseroan, melakukan segala
sesuatu yang dipandang perlu dan berguna untuk keperluan tersebut dengan tidak ada
satupun dikecualikan, termasuk untuk mengadakan penambahan dan/atau perubahan
dalam perubahan Anggaran Dasar jika hal tersebut dipersyaratkan oleh instansi yang
berwenang.
1) To approve making changes to the Articles of Association and restating all provisions in the
Articles of Association with regards to those changes.
2) To approve granting power and authority to the President Director and other Directors
with substitution rights to take every action regarding the resolutions of the agenda items
of this meeting, including declaring it in a notarial deed and submitting it to an authorized
institution to obtain approval and/or receipt of notification of changes in the Company’s
Articles of Association, to do everything that is deemed necessary and useful for these
purposes with no exceptions, including to make additions to and/or changes in the Articles
of Association if required by the authorized institution, including to make additions and/or
changes to the Articles of Association if required by the relevant authority.
Realisasi/Tindak lanjut Telah terealisasi efektif pada penutupan RUPST 5 Juni 2023 yang disahkan dengan akta Notaris
Realization/Follow-up Ir. Nanette Cahyanie Handari Adi Warsito S.H. No. 12 tanggal 8 Juni 2023.
The resolutions were effectively realized at the closing of the AGMS on June 5, 2023, ratified by
the Notarial Deed by Ir. Nanette Cahyanie Handari Adi Warsito S.H. Number 12 dated June
8, 2023.
Keputusan Pemegang Saham secara Circular Resolutions of Shareholders
Sirkuler
Perseroan efektif tercatat di Bursa Efek Indonesia The Company was effectively listed on the Indonesia
(BEI) tanggal 24 Februari 2023. Selama periode 1 Stock Exchange (IDX) on February 24, 2023. During
Januari hingga 24 Februari 2023, Perseroan telah the period between January 1, and February 24, 2023,
menyelenggarakan tiga kali Keputusan Pemegang the Company has passed three Circular Resolution of
Saham secara Sirkuler baik Keputusan Pemegang Saham Shareholders, be it Circular Resolution of the Company,
Sirkuler Perseroan, Keputusan Pemegang Saham Sirkuler Circular Resolution of Subsidiaries as shareholders, or
Anak Perusahaan sebagai pemegang saham maupun Circular Resolution of the Company as a joint venture,
Keputusan Pemegang Saham Sirkuler Perseroan sebagai with the following resolutions and realization/follow-up:
perusahaan patungan dengan keputusan dan realisasi/
tindak lanjut sebagai berikut:
300 elevate Laporan Tahunan 2023 Annual Report
Page 301
Tata Kelola Perusahaan
Good Corporate Governance
Tanggal Keputusan
Pemegang Saham
Perihal Keputusan Realisasi/Tindak Lanjut
No. Date of Circular
Subject Resolution Realization/Follow-up
Resolutions of
Shareholders
1. 13 Januari | January Pemberhentian anggota 1) Memberhentikan dengan hormat Bapak Iman Telah disahkan oleh Akta
2023 Dewan Komisaris Hilmansah dari jabatannya sebagai Komisaris Notaris Marianne V. Hamdani,
Discharge of members Perseroan dengan alasan untuk penyegaran S.H. No. 9 tanggal 19 Januari
of the Board of organisasi, berlaku efektif terhitung mulai tanggal 2023
Commissionerse Keputusan Pemegang Saham Secara Sirkuler ini Has been ratified by Notarial
ditandatangani, dengan ucapan terima kasih Deed of Marianne V. Hamdani,
atas jasa-jasanya terhadap Perseroan. S.H. Number 9 dated January
19, 2023
Dengan demikian susunan Dewan Komisaris
Perseroan menjadi:
a. Komisaris Utama/Komisaris Independen:
Bapak Sarman Simanjorang
b. Komisaris : Bapak Harris
c. Komisaris Independen: Bapak Samsul
Hidayat
2) Memberikan kuasa kepada Direksi Perseroan
atau Kuasanya untuk membuat dan menyatakan
Keputusan Pemegang Saham Secara Sirkuler ini
dalam akta notaris dan melaksanakan tindakan
hukum lainnya yang dipandang perlu sesuai
ketentuan yang berlaku.
1) To honorably discharge Mr. Iman Hilmansah
from his position as the Company’s Commissioner
for the reason of organizational refreshment,
effective from the date this Circular Resolution
of Shareholders is signed, with gratitude for his
services to the Company.
Therefore, the structure of the Company’s Board
of Directors is as follows:
a. President Commisisoner/ Independent
Commissioner: Mr. Sarman Simanjorang
b. Commisisoner: Mr. Harris
c. Independent Commissioner: Mr. Samsul
Hidayat
2) To grant power to the Board of Directors or its
Proxy to issue and declare this Circular Resolution
of Shareholders in a notarial deed and to
take other legal actions deemed necessary in
accordance with applicable provisions.
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2. 29 Desember | Rapat Umum Pemegang 1) Menyetujui Laporan Tahunan Perseroan Tahun Telah disahkan oleh Akta Notaris
December 2023 Saham Tahunan Tahun Buku 2022 serta mengesahkan Laporan Marianne V. Hamdani, S.H. No.
Buku 2022 Keuangan Perseroan Tahun Buku 2022 beserta 26 Tanggal 29 Desember 2023
Annual General Meeting penjelasannya yang telah diaudit oleh KAP Has been ratified by Notarial
of Shareholders for Fiscal Purwantono, Sungkoro & Surja sebagaimana Deed of Marianne V. Hamdani,
Year 2022 termuat dalam Laporan No.02446/2.1032/ S. H. Number 26 dated
AU.1/02/1726-2/1/XI/2023 tanggal 22 December 29, 2023
Desember 2023 dengan pendapat “wajar dalam
semua hal yang material”. Dengan demikian
para pemegang saham memberikan pelunasan
dan pembebasan sepenuhnya dari tanggung
jawab (volledig acquit et de charge) kepada
Direksi atas tindakan pengurusan dan kepada
Dewan Komisaris atas tindakan pengawasan
yang dilakukan dalam Tahun Buku yang berakhir
pada 31 Desember 2022 sepanjang:
a. Tindakan-tindakan tersebut tercermin dalam
Laporan Tahunan Perseroan (termasuk
Laporan Keuangan) Tahun Buku yang
berakhir pada 31 Desember 2022.
b. Tindakan-tindakan tersebut bukan
merupakan tindak pidana dan/atau
perbuatan melawan hukum.
2) Menyetujui untuk menetapkan tidak ada
penggunaan laba bersih dan pembagian
dividen Perseroan Tahun Buku 2022 yang dapat
didistribusikan kepada Para Pemegang Saham.
3) Memberikan kuasa dan melimpahkan
kewenangan kepada Dewan Komisaris Perseroan
untuk menetapkan KAP dalam melakukan
pemeriksaan atas Laporan Keuangan Perseroan
untuk tahun buku yang berakhir pada 31
Desember 2023 berikut besaran nilai jasanya,
dengan ketentuan bahwa KAP yang ditunjuk
dikonsultasikan terlebih dahulu dengan PGE.
1) To approve the Company’s Annual Report for
Fiscal Year 2022 and to ratify the Company’s
Financial Statement for Fiscal Year 2022 along
with its note that has been audited by Public
Accounting Firm Purwantono, Sungkoro & Surja
as stated in Report Number 02446/2.1032/
AU.1/02/1726-2/1/XI/2023 dated December
22, 2023 with the opinion “fair in all material
aspects.” Thus, shareholders grant full release
and discharge (volledig acquit et de charge) to
the Board of Directors for the management and
to the Board of Commissioners for the supervision
carried out in the Fiscal Year that ended on
December 31, 2022 so long as:
c. The actions are reflected in the Company’s
Annual Report (including Financial
Statement) for Fiscal Year that ended on
December 31, 2022.
d. The actions are not crimes and/or unlawful
acts.
2) To approve to stipulate that there will be no
use of the Company’s net profit and dividend
distribution for Fiscal Year 2022 that can be
distributed to Shareholders.
3) To grant power and authority to the Company’s
Board of Commissioners to appoint a Public
Accounting Firm to audit the Company’s Financial
Statement for the fiscal year ending on December
31, 2023, as well as to determine the amount of
service fee, provided that the appointed Public
Accounting Firm is consulted first with PGE.
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Tata Kelola Perusahaan
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3. 29 Desember | Perubahan Komposisi 1) Menyetujui pemberhentian dengan hormat Telah disahkan oleh Akta
December 2023 Direksi Anak Perusahaan Bapak Ahmad Yani dari jabatannya sebagai Notaris Marianne V. Hamdani,
Perseroan, PT PGE Direktur PT PGE Kotamobagu terhitung mulai S.H. No. 27 Tanggal 29
Kotamobagu tanggal keputusan ini ditandatangani disertai Desember 2023
Changes in the ucapan terima kasih atas jasa-jasanya selama Has been ratified by Notarial
Composition of the menjabat sebagai Direktur. Deed of Marianne V.
Board of Directors 2) Menyetujui pengangkatan Bapak Albertus Hamdani, S.H. Number 27
of the Company’s Novi Purwono sebagai Direktur PT PGE dated December 29, 2023
S u b s i d i a r y , Kotamobagu terhitung mulai tanggal keputusan
PT PGE Kotamobagu ini ditandatangani untuk jangka waktu 1 (satu)
periode masa jabatan sebagaimana dimaksud
dalam Anggaran Dasar Perseroan atau sampai
dengan RUPS memutuskan lain, dengan ketentuan
pengangkatan tersebut bersifat rangkap jabatan
dan tidak mendapatkan penghasilan sebagai
pengurus perusahaan (pro bono).
Dengan demikian susunan Direksi dan Dewan
Komisaris PT PGE Kotamobagu adalah sebagai
berikut:
President Director : Sdri. Jayanti Anggraini
Director : Sdr. Albertus Novi Purwono
Commissioner : Sdr. Pramono Agung Nugroho
3) Menyetujui untuk menetapkan struktur organisasi
PT PGE Kotamobagu sesuai dengan Surat PTH.
Direktur Utama PT Pertamina Geothermal Energy
Tbk No. R-028/PGE000/2023-S0 tanggal 16
November 2023.
1) To approve the honorable discharge of Mr.
Ahmad Yani from his position as the Director of
PT PGE Kotamobagu effective from the date this
resolution is signed with gratitude for his services
during his tenure as the Director.
2) To approve the appointment of Mr. Albertus Novi
Purwono as the Director of PT PGE Kotamobagu
effective from the date this resolution is signed
for 1 (one) term of office as referred to in the
Articles of Association or until the GMS decides
otherwise, provided that the appointment is
for concurrent positions and does not result in
income as company management (pro bono).
Therefore, the structure of the Board of Directors
and the Board of Commissioners of PT PGE
Kotamobagu is as follows:
President Director : Sdri. Jayanti Anggraini
Director : Sdr. Albertus Novi Purwono
Commissioner : Sdr. Pramono Agung
Nugroho
3) To approve to stipulate the organizational
structure of PT PGE Kotamobagu in accordance
with Order of the President Director of PT
Pertamina Geothermal Energy Tbk Number
R-028/PGE000/2023-S0 dated November 16,
2023.
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Keputusan Berdasarkan Pelimpahan Kewenangan dari Pemegang Saham
Statement of Resolutions Based on Delegation of Authority from Shareholders
Perihal Keputusan Realisasi/Tindak Lanjut
No.
Subject Resolution Realization/Follow-up
1. Perubahan modal saham 1) Dewan Komisaris Perseroan memberikan persetujuan kepada Telah disahkan oleh Akta Notaris
Direksi Perseroan atas penetapan terhadap hal-hal sebagai Ir. Nanette Cahyanie Handari Adi
Changes in share capital berikut: Warsito S.H. Nomor 42 tanggal 21
a. Peningkatan modal ditempatkan dan disetor Maret 2023
Perseroan yang berasal dari penerbitan saham baru
dari pelaksanaan IPO Perseroan, menjadi sejumlah Has been ratified by Notarial Deed
41.396.142.000 lembar saham dengan nilai nominal of Ir. Nanette Cahyanie Handari
Rp500 per saham atau dengan nilai nominal seluruhnya Adi Warsito S.H. Number 42 dated
sebesar Rp20.698.071.000.000 March 21, 2023
b. Perubahan ketentuan Pasal 4 ayat (2) Anggaran Dasar
Perseroan sehingga untuk selanjutnya menjadi berbunyi
sebagai berikut:
“Dari modal dasar tersebut telah ditempatkan
dan disetor penuh sebesar 33,3% atau sebanyak
41.396.142.000 saham atau dengan nilai nominal
sebesar Rp20.698.071.000.000 kepada kas Perseroan
oleh para pemegang saham dengan rincian serta nilai
nominal saham yang disebutkan sebelum akhir akta ini.
2) Persetujuan sebagaimana dimaksud dalam Diktum Pertama di
atas diberikan berdasarkan telaahan yang dilakukan secara
seksama oleh Dewan Direksi sesuai tata kelola perusahaan
yang baik dan mematuhi ketentuan peraturan perundangan.
1) The Company’s Board of Commissioners grants approval to
the Company’s Board of Directors for the stipulation of the
following matters:
c. Increase in the Company’s issued and paid-up capital,
from the issuance of new shares from the Company’s IPO,
to 41,396,142,000 shares with a value of Rp500 per
share or a total value of Rp20,698,071,000,000
d. Changes in the provision of Article 4 paragraph (2) of
the Company’s Articles of Association, which henceforth
reads as follows:
“Of the authorized capital, 33.3% or 41,396,142,000
shares or a value of Rp20,698,071,000,000 have been
issued and fully paid up to the treasury of the Company
by shareholders with details and value of shares stated
before the end of this deed.”
2) The approval as referred to in the First Dictum above is
granted based on the examination thoroughly carried out by
the Board of Directors in accordance with good corporate
governance and in compliance with provisions of laws and
regulations.
Keputusan RUPS Tahun Sebelumnya GMS Resolutions in the Previous Year
(Tahun 2022) (2022)
Sepanjang tahun 2022 Perseroan menyelenggarakan Throughout 2022, the Company held 1 (one) AGMS,
1 (satu) RUPST, 12 (dua belas) Keputusan Pemegang 12 (twelve) Circular Resolutions of Shareholders, and
Saham Secara Sirkuler (KPSSS) serta 4 (empat) KPSSS 4 (four) Circular Resolutions of Subsidiaries. All of the
Anak Perusahaan. Seluruh keputusan tersebut telah resolutions have been realized and reported in PGE’s
direalisasikan dan dilaporkan pada Laporan Tahunan 2022 Annual Report.
PGE tahun 2022.
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dewan komisaris
the board of commissioners
Dewan Komisaris bertanggung jawab mengawasi The Board of Commissioners is responsible for overseeing
pengelolaan Perseroan oleh Direksi, serta memastikan the Company management by the Board of Directors and
penerapan GCG secara berkelanjutan di Perseroan. ensuring the sustainable implementation of GCG at the
Secara berkala Dewan Komisaris akan memberikan Company. The Board of Commissioners will periodically
saran, nasihat, dan rekomendasi kepada Direksi, provide suggestions, advice, and recommendations to the
khususnya terkait kebijakan Perseroan, penerapan strategi Board of Directors, especially regarding the Company’s
hingga penilaian risiko dan pengawasan audit. Dalam policies, strategy implementation, and risk assessment
melaksanakan fungsinya, Dewan Komisaris dibantu oleh as well as audit oversight. In carrying out its functions,
komite di bawah Dewan Komisaris yaitu Komite Audit, the Board of Commissioners is assisted by committees
Komite Nominasi dan Remunerasi serta Komite Investasi under the Board of Commissioners, namely the Audit
dan Manajemen Risiko. Committee, Nomination and Remuneration Committee,
and Investment and Risk Management Committee.
Komposisi Dewan Komisaris Composition of the Board of
Commissioners
Sesuai dengan Anggaran Dasar Perseroan, Dewan Under the Company’s Articles of Association, the Board
Komisaris paling sedikit harus terdiri dari tiga anggota, of Commissioners must at least consist of three members,
termasuk satu Presiden Komisaris dan dua atau lebih including one President Commissioner and two or more
anggota Komisaris. Dewan Komisaris terdiri atas lebih Commissioners. The Board of Commissioners comprises
dari satu anggota yang merupakan majelis, dan setiap more than one member constituting an assembly, and
anggota Dewan Komisaris tidak dapat bertindak each member of the Board of Commissioners cannot act
sendiri-sendiri melainkan berdasarkan keputusan Dewan individually but based on the decisions of the Board of
Komisaris. Commissioners.
Sepanjang tahun 2023 terdapat perubahan komposisi Throughout 2023, there were changes in the composition
Dewan Komisaris sebagai berikut: of the Board of Commissioners as follows:
• Menyetujui pemberhentian Bapak Iman Hilmansah • Approving the discharge of Mr. Iman Hilmansah
dari jabatannya sebagai Komisaris dengan from his position as a Commissioner on the ground
alasan penyegaran organisasi, berdasarkan of organizational refreshment based on Circular
Keputusan Sirkuler Pemegang Saham tanggal Resolution of Shareholders dated January 13,
13 Januari 2023 yang dituangkan dalam Akta 2023 declared in Notarial Deed Number 9
Notaris No. 9 tanggal 19 Januari 2023. dated January 19, 2023.
• Menyetujui pengunduran diri Bapak Samsul • Approving the resignation of Mr. Samsul
Hidayat dari jabatannya sebagai Komisaris Hidayat from his position as an Independent
Independen efektif sejak tanggal 5 Juni 2023 Commissioner effective from June 5, 2023 based
berdasarkan Keputusan RUPST 5 Juni 2023 yang on the Resolution of the AGMS on June 5, 2023,
disahkan oleh Akta Notaris No. 11 tanggal 8 ratified by Notarial Deed Number 11 dated June
Juni 2023. 8, 2023.
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• Menyetujui pengangkatan Bapak Sujit S. Parhar • Approving the appointment of Mr. Sujit S. Parhar
sebagai Komisaris Independen efektif sejak as an Independent Commissioner effective from
tanggal 5 Juni 2023 berdasarkan Keputusan June 5, 2023 based on the Resolution of the
RUPST 5 Juni 2023 yang disahkan oleh Akta AGMS on June 5, 2023, ratified by Notarial
Notaris No. 11 tanggal 8 Juni 2023. Deed Number 11 dated June 8, 2023.
• Menyetujui pengangkatan Bapak Dannif • Approving the appointment of Mr. Dannif
Danusaputro sebagai Komisaris efektif sejak Danusaputro as a Commissioner effective from
tanggal 5 Juni 2023 berdasarkan Keputusan June 5, 2023 based on the Resolution of the
RUPST 5 Juni 2023 yang disahkan oleh Akta AGMS on June 5, 2023, ratified by Notarial
Notaris No. 11 tanggal 8 Juni 2023. Deed Number 11 dated June 8, 2023.
Dengan demikian, komposisi Dewan Komisaris per 31 Therefore, the composition of the Board of Commissioners
Desember 2023 adalah sebagai berikut: as of December 31, 2023 is as follows:
1. Komisaris Utama/Komisaris Independen
: Sarman Simanjorang
President Commissioner/Independent Commissioner
2. Komisaris Independen
: Sujit S. Parhar
Director of Exploration and Development
3. Komisaris
: Dannif Danusaputro
Commissioner
4. Komisaris
: Harris
Commissioner
306 elevate Laporan Tahunan 2023 Annual Report
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Tata Kelola Perusahaan
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Komisaris Independen Independent Commissioner
Pada 2023, terdapat 2 (dua) orang Komisaris Independen In 2023, the Company had 2 (two) Independent
dari 4 (empat) anggota Dewan Komisaris Perseroan, Commissioners among 4 (four) members of the Board
atau setara 50%. Hal ini telah memenuhi ketentuan yang of Commissioners, equivalent to 50%. It has fulfilled the
diatur dalam Peraturan OJK No. 33/POJK.04/2014 provision regulated in POJK Number 33/POJK.04/2014
tentang Direksi dan Dewan Komisaris Emiten atau on the Board of Directors and the Board of Commissioners
Perusahaan Publik yang mewajibkan perusahaan publik of Issuers or Public Companies, which requires public
untuk memiliki Komisaris Independen sekurang-kurangnya companies to have Independent Commissioners who
30% dari jumlah seluruh anggota Dewan Komisaris. represent a minimum of 30% of the total members of the
Board of Commissioners.
Jumlah Komisaris Independen ini juga telah memenuhi The number of Independent Commissioners has also
ketentuan Peraturan Menteri BUMN No. PER-2/ complied with the provision in Regulation of the
MBU/03/2023 tentang Pedoman Tata Kelola dan Minister of SOEs Number PER-2/MBU/03/2023 on
Kegiatan Korporasi Signifikan BUMN yang menyebutkan Manual for Governance and Significant Corporate
bahwa dalam komposisi Dewan Komisaris, paling sedikit Activities of SOEs, which states that in the composition
20% (dua puluh persen) merupakan Komisaris Independen of the Board of Commissioners, at least 20%
yang ditetapkan dalam keputusan pengangkatannya. (twenty percent) are Independent Commissioners
as stipulated in the decree of appointment.
Komisaris Independen PGE per 31 Desember 2023 PGE’s Independent Commissioners as of December
adalah Bapak Sarman Simanjorang dan Bapak Sujit S. 31, 2023 were Mr. Sarman Simanjorang and
Parhar. Mr. Sujit S. Parhar.
Kriteria Komisaris Independen Criteria for Independent Commissioners
Kriteria Komisaris Independen adalah anggota Dewan An Independent Commissioner is a member of the Board
Komisaris yang tidak terkait dengan Perseroan dan of Commissioners who has no relations to the Company
memenuhi syarat sebagai Komisaris Independen sesuai and meets the requirements for an Independent
kriteria dalam Peraturan OJK No. 33/POJK.04/2014 Commissioner in accordance with the criteria set forth
tentang Direksi dan Dewan Komisaris Emiten atau in POJK Number 33/POJK.04/2014 on the Board of
Perusahaan Publik, seperti tercantum di tabel Pernyataan Directors and the Board of Commissioners of Issuers or
Independensi Komisaris Independen di bawah ini Public Companies, as described in the table of Statement
of Independence of Independent Commissioners below.
Pernyataan Independensi Komisaris Independence Statement of
Independen Independent Commissioners
Komisaris Independen Perseroan secara berkala The Company’s Independent Commissioners periodically
menyatakan independensinya dalam pernyataan declare their independence in a written statement,
tertulis, dan dokumennya disimpan oleh divisi Corporate and the document is kept by the Corporate Secretary
Secretary. division.
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Pernyataan Independensi
Statement of Independence
Kriteria Penentuan Komisaris Independen
No. Sarman Simanjorang Sujit S. Parhar
Criteria for Independence Commissioners
1. Tidak bekerja atau memiliki wewenang untuk merencanakan,
memimpin, mengendalikan, atau mengawasi kegiatan Perseroan
dalam 6 bulan terakhir;
V V
Not working nor have the authority to plan, lead, control,
or supervise the Company’s activities for the last 6 months
2. Tidak secara langsung maupun tidak langsung memiliki saham
di Perseroan
Not directly or indirectly owning any share in the Company V V
3. Tidak memiliki hubungan afiliasi dengan Perseroan atau
pemegang saham utama/pengendali atau salah satu anggota
Dewan Komisaris atau Direksi
V V
Not having any affiliation with the Company or the majority/
controlling shareholder or one of the members of the Board of
Commissioners or the Board of Directors
4. Tidak memiliki hubungan kerja baik profesional langsung maupun
tidak langsung dengan Perseroan
Not directly or indirectly having any work or professional V V
relationship with the Company
5. Memenuhi persyaratan menjadi anggota Dewan Komisaris
sesuai ketentuan dan peraturan induk Perseroan
Meeting the requirements to become a member of the Board of V V
Commissioners in accordance with the provisions and regulations
of the parent Company
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Pedoman Kerja Dewan Komisaris Work Manual for the Board of
Commissioners
Pedoman kerja Dewan Komisaris terdapat pada The work manual for the Board of Commissioners is
Board Manual yang telah diperbarui melalui found in the Board Manual that has been updated
Surat Keputusan No.022/DK/PGE/2023-S0 dan through Decrees Number 022/DK/PGE/2023-S0 and
No. Kpts-058/PGE000/2023-S0 tanggal Kpts-058/PGE000/2023-S0 dated August 30, 2023.
30 Agustus 2023. Board Manual secara berkala The Board Manual is periodically evaluated and updated
dievaluasi dan diperbarui dengan mengacu with reference to applicable regulations and provisions.
pada peraturan dan ketentuan yang berlaku.
Isi dari Board Manual antara lain: The content of the Board Manual is as follows:
1. Ketentuan umum. 1. General provisions.
2. Persyaratan Dewan Komisaris. 2. Requirements for the Board of Commissioners.
3. Keanggotaan Dewan Komisaris. 3. Membership of the Board of Commissioners.
4. Larangan rangkap jabatan Dewan Komisaris. 4. Prohibition of holding concurrent positions for the
Board of Commissioners.
5. Masa jabatan Dewan Komisaris. 5. Term of office of the Board of Commissioners.
6. Pemberhentian anggota Dewan Komisaris. 6. Dismissal of members of the Board of Commissioners.
7. Pengunduran diri anggota Dewan Komisaris. 7. esignation of members of the Board of Commissioners.
8. Pengisian jabatan lowong anggota Dewan 8. Filling vacant Board of Commissioners positions.
Komisaris.
9. Program orientasi dan peningkatan kapabilitas. 9. Induction and capability improvement programs.
10. Waktu kerja Dewan Komisaris. 10. Working hours of the Board of Commissioners.
11. Komisaris Independen. 11. Independent Commissioners.
12. Etika jabatan Dewan Komisaris. 12. Code of Ethics of the Board of Commissioners.
13. Pengungkapan kepemilikan saham. 13. Disclosure of share ownership.
14. Tugas dan kewajiban Dewan Komisaris. 14. Duties and obligations of the Board of Commissioners.
15. Wewenang Dewan Komisaris. 15. Authorities of the Board of Commissioners.
16. Rapat Dewan Komisaris. 16. Meetings of the Board of Commissioners.
17. Evaluasi kinerja Dewan Komisaris. 17. Evaluation of the Board of Commissioners
performance.
18. Pertanggungjawaban Dewan Komisaris. 18. Accountability of the Board of Commissioners.
19. Organ pendukung Dewan Komisaris. 19. Supporting organs of the Board of Commissioners.
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Tugas dan Tanggung Jawab Dewan Duties and Responsibilities of the
Komisaris Board of Commissioners
Berdasarkan Board Manual, tugas dan tanggung jawab responsibilities of the Board of Commissioners are as
Dewan Komisaris diuraikan sebagai berikut: follows:
1. Dewan Komisaris bertugas untuk melakukan 1. The Board of Commissioners is tasked with supervising
pengawasan terhadap kebijakan pengurusan, management policies, overseeing the course of
jalannya pengurusan pada umumnya, baik management carried out by the Board of Directors
mengenai Perseroan maupun usaha Perseroan yang in general, be it management of the Company and
dilakukan oleh Direksi, serta memberikan nasihat the Company’s business, or providing advice to the
kepada Direksi termasuk Pengawasan terhadap Board of Directors, including on the Supervision of
pelaksanaan Rencana Jangka Panjang Perusahaan the implementation of the Company Long-Term Plans,
(RJPP), Rencana Kerja dan Anggaran Perusahaan the Company Work Plan and Budget, provisions of
(RKAP), ketentuan Anggaran Dasar dan Keputusan the Articles of Association and the GMS Resolutions,
RUPS, serta peraturan perundang-undangan yang and applicable laws and regulations, for the interest
berlaku, untuk kepentingan Perseroan dan sesuai of the Company in accordance with the purpose and
dengan maksud dan tujuan Perseroan. objectives of the Company.
2. Dalam melaksanakan tugasnya tersebut, setiap 2. In performing its duties, each member of the Board
anggota Dewan Komisaris harus: of Commissioners must:
• Mematuhi ketentuan Anggaran Dasar • Comply with the Company’s Articles of
Perseroan, keputusan RUPS dan peraturan Association, GMS resolutions, and applicable
perundang-undangan yang berlaku serta laws and regulations, as well as principles
prinsip-prinsip profesionalisme, efisiensi, of professionalism, efficiency, transparency,
transparansi, kemandirian, akuntabilitas, independence, accountability, responsibility,
pertanggungjawaban serta kewajaran. and fairness.
• Melakukan itikad baik, penuh kehati-hatian dan • Perform in good will, with prudence, and
bertanggung jawab kepada Perseroan dalam with full responsibility to the Company, in this
hal ini diwakili oleh RUPS dalam menjalankan case represented by the GMS, in performing
tugas pengawasan dan pemberian nasihat supervisory duties and providing advice to
kepada Direksi untuk kepentingan Perseroan, the Board of Directors for the interest of the
serta sesuai dengan maksud dan tujuan Company and in accordance with the purpose
Perseroan. and objectives of the Company.
• Tidak melakukan transaksi yang mempunyai • Not make any transactions that contain conflicts
benturan kepentingan dan mengambil of interest and take the Company’s interest other
kepentingan Perseroan selain honorarium dan than the honorarium and facilities determined
fasilitas yang ditentukan oleh RUPS. by the GMS.
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3. Dalam melaksanakan tugasnya tersebut, Dewan 3. In performing its duties, the Board of Commissioners
Komisaris berkewajiban untuk: must:
• Meneliti, menelaah, dan menandatangani • Study, examine, and sign the Company Long-
rancangan dari RJPP, RKAP Tahunan, RKAP Term Plan draft, the Annual Company Work
yang disetujui dan RKAP sebelumnya yang Plan and Budget (RKAP), the approved RKAP,
diusulkan Direksi, serta tunduk pada ketentuan and the previous RKAP proposed by the Board
yang diatur dalam Anggaran Dasar Perseroan. of Directors, and comply with the provisions
regulated in the Company’s Articles of
Association.
• Mengikuti perkembangan kegiatan Perseroan, • Follow the development of the Company’s
memberikan pendapat dan saran kepada RUPS activities, give opinions and suggestions at the
mengenai setiap masalah yang dianggap GMS on any issues deemed important for the
penting bagi kepengurusan Perseroan. Company’s management.
• Melaporkan dengan segera kepada RUPS • Immediately report to the GMS if there are trends
apabila terjadi gejala menurunnya kinerja of a decline in the Company’s performance.
Perseroan.
• Meneliti dan menelaah laporan berkala dan • Study and examine periodic reports and Annual
Laporan Tahunan yang disiapkan Direksi serta Reports prepared by the Board of Directors and
menandatangani Laporan Tahunan. sign the Annual Reports.
• Membentuk Komite Audit. • Establish an Audit Committee.
• Melaksanakan kewajiban lainnya dalam • Carry out other obligations in the context of
rangka tugas pengawasan dan pemberian supervisory and advisory duties if they do not
nasihat sepanjang tidak bertentangan dengan conflict with laws and regulations, the Articles
perundang-undangan, Anggaran Dasar, dan/ of Association, and/or GMS Resolutions.
atau Keputusan RUPS.
• Melakukan itikad baik, penuh kehati-hatian, • Perform supervisory and advisory duties to the
dan bertanggung jawab kepada RUPS dalam Board of Directors in good will, with prudence,
menjalankan tugas pengawasan dan pemberian and with full responsibility to the GMS for the
nasihat kepada Direksi untuk kepentingan interest of the Company in accordance with
Perseroan dan sesuai dengan maksud dan the purpose and objectives of the Company.
tujuan Perseroan.
Secara khusus, Komisaris Utama memiliki tugas tambahan Specifically, the President Commissioner has additional
untuk mengkoordinasikan dan memimpin rapat Dewan duties to coordinate and lead meetings of the Board of
Komisaris serta memimpin Dewan Komisaris dalam Commissioners and lead the Board of Commissioners in
pelaksanaan tanggung jawab pengawasannya, yaitu: carrying out its supervisory responsibilities, namely:
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Tata Kelola Perusahaan
Good Corporate Governance
Nama Jabatan Tugas dan Tanggung Jawab
Name Position Duties and Responsibilities
Sarman Simanjorang Komisaris Utama/ 1. Mengkoordinasikan kegiatan Dewan Komisaris atas tugas
Komisaris Independen pengawasan terhadap kebijakan pengurusan dan jalannya
President Commissioner/ Perseroan serta pemberian nasihat atas kepatuhan terhadap
Independent Commissioner GCG dan perundang-undangan yang berlaku;
2. Menjabat sebagai Ketua Komite Audit
1. Coordinating activities of the Board of Commissioners related to
its duties to supervise policies on and the course of the Company’s
management and to provide advice on compliance with GCG and
applicable laws and regulations;
2. Serving as Chair of the Audit Committee
Sujit S. Parhar Komisaris Independen 1. Melakukan pengawasan pada kegiatan operasi Perseroan;
Independent Commissioner 2. Menjabat sebagai anggota Komite Investasi dan Manajemen
Risiko;
3. Menjabat sebagai anggota Komite Nominasi dan Remunerasi
serta anggota Komite Investasi dan Manajemen Risiko
1. Supervising the Company’s operational activities;
2. Serving as a member of the Investment and Risk Management
Committee;
3. Serving as a member of the Nomination and Remuneration
Committee as well as a member of the Investment and Risk
Management Committee.
Dannif Danusaputro Komisaris 1. Melaksanakan tugas pengawasan di bidang Keuangan, investasi
Commissioner dan Manajemen Risiko;
2. Menjabat sebagai Ketua Komite Investasi dan Manajemen Risiko
1. Carrying out supervisory duties in Finance, Investment, and Risk
Management;
2. Serving as Chair of the Investment and Risk Management
Committee
Harris Komisaris 1. Melakukan pengawasan pada kegiatan eksplorasi dan
Commissioner pengembangan;
2. Menjabat sebagai Ketua Komite Nominasi dan Remunerasi
1. Supervising exploration and development activities;
2. Serving as Chair of the Nomination and Remuneration Committee
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Tata Kelola Perusahaan
Good Corporate Governance
Hak dan Wewenang Dewan Komisaris Rights and Authorities of the Board of
Commissioners
Dewan Komisaris mempunyai hak dan wewenang The Board of Commissioners have rights and authorities
untuk: as follows:
1. Melihat buku-buku, surat-surat, serta 1. To look at books, letters, and other documents,
dokumen-dokumen lainnya, memeriksa kas untuk to check cash for verification purposes and other
keperluan verifikasi dan lain-lain surat berharga securities, and to check the assets of the Company.
dan memeriksa kekayaan Perseroan.
2. Memasuki pekarangan, gedung, dan kantor 2. To enter the grounds, buildings, and offices used by
yang dipergunakan oleh Perseroan. the Company.
3. Meminta penjelasan dari Direksi dan/atau 3. To request an explanation from the Board of Directors
pejabat lainnya mengenai segala persoalan and/or other officials about all matters related to
yang menyangkut pengelolaan Perseroan. the management of the Company.
4. Mengetahui segala kebijakan dan tindakan 4. To know all policies and actions that have been and
yang telah dan akan dijalankan oleh Direksi. will be taken by the Board of Directors.
5. Meminta Direksi dan/atau pejabat lainnya di 5. To request the Board of Directors and/or other
bawah Direksi dengan sepengetahuan Direksi officials under the Board of Directors with the
untuk menghadiri rapat Dewan Komisaris. knowledge of the Board of Directors to attend the
Board of Commissioners meetings.
6. Mengangkat Sekretaris Dewan Komisaris, jika
dianggap perlu. 6. To appoint the Secretary of the Board of
Commissioners if deemed necessary.
7. Memberhentikan sementara anggota Direksi
sesuai dengan ketentuan Undang-Undang 7. To temporarily dismiss members of the Board of
Perseroan Terbatas dengan memberitahukan Directors in accordance with provisions of Law
secara tertulis kepada yang bersangkutan on Limited Liability Companies by notifying the
disertai alasan yang menyebabkan tindakan itu. concerned members in writing, which includes the
grounds for the dismissal.
8. Membentuk komite-komite lain selain 8. To establish other committees in addition to the Audit
Komite Audit, jika dianggap perlu, dengan Committee, if deemed necessary, by taking into
memperhatikan kemampuan Perseroan. account the Company’s capabilities.
9. Menggunakan tenaga ahli untuk hal tertentu 9. To use experts for certain matters in a certain period
dan dalam jangka waktu tertentu atas beban at the expense of the Company if deemed necessary.
Perseroan, jika dianggap perlu.
10. Melakukan tindakan pengurusan Perseroan 10. To take actions to manage the Company in certain
dalam keadaan tertentu untuk jangka waktu circumstances for a certain period in accordance
tertentu sesuai dengan ketentuan Anggaran with the provisions of the Articles of Association.
Dasar.
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Tata Kelola Perusahaan
Good Corporate Governance
11. Menghadiri rapat Direksi dan memberikan 11. To attend the Board of Directors meetings
pandangan-pandangan terhadap hal-hal yang and provide insights on the issues discussed.
dibicarakan.
12. Melaksanakan kewenangan pengawasan 12. To exercise other supervisory authorities so long as
lainnya sepanjang tidak bertentangan dengan they do not conflict with laws and regulations, the
peraturan perundang-undangan, Anggaran Articles of Association, and/or GMS resolutions.
Dasar, dan/atau keputusan RUPS.
13. Menyetujui laporan tugas pengawasan Dewan 13. To approve reports on supervisory duties of the Board
Komisaris. of Commissioners.
Pelaksanaan Tugas Dewan Komisaris Implementation of Duties of the Board
of Commissioners
Sepanjang tahun 2023 Dewan Komisaris telah Throughout 2023, the Board of Commissioners has
melaksanakan tugas yang meliputi pemberian arahan, carried out duties including giving advice, approval,
persetujuan, pengesahan, dan rekomendasi. Selama validation, and recommendations. Throughout fiscal year
tahun buku 2023, Dewan Komisaris telah melaksanakan 2023, the Board of Commissioners has executed the
program kerja Dewan Komisaris sebagai berikut: following work programs of the Board of Commissioners:
Rapat Internal Dewan Komisaris
: 10 kali | times
Internal Meeting of the Board of Commissioners
Rapat Gabungan Dewan Komisaris dan Direksi
Joint Meeting of the Board of Commissioners and : 15 kali | times
the Board of Directors
Rapat dengan Pemegang Saham
: 10 kali | times
Meeting with Shareholders
Rapat Gabungan dengan Fungsi dan Komite
: 24 kali | times
Internal Meeting of the Board of Commissioners
Pemberian Rekomendasi
: 34 kali | times
Provision of Recommendations
Kunjungan Kerja ke Lokasi Area dan Proyek
: 6 kali | times
Working Visits to Area and Project Locations
Pengembangan Kompetensi
: 13 kali | times
Competency Development
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Tata Kelola Perusahaan
Good Corporate Governance
Keputusan yang Perlu Mendapat Decisions Requiring Approval of the
Persetujuan Dewan Komisaris Board of Commissioners
Beberapa tindakan pengelolaan Perseroan oleh Direksi In taking several actions to manage the Company, the
memerlukan persetujuan tertulis Dewan Komisaris antara Board of Directors requires written approval from the
lain dalam hal: Board of Commissioners, including:
1. Menerima pinjaman jangka pendek, kecuali 1. To receive short-term loans, except loans from
pinjaman dari pemegang saham mayoritas. majority shareholders.
2. Memberikan pinjaman jangka pendek. 2. To provide short-term loans.
3. Mengagunkan aktiva tetap yang diperlukan dalam 3. To collateralize fixed assets required to make short-
melaksanakan penarikan kredit jangka pendek. term credit withdrawals.
4. Melepaskan dan menghapuskan aktiva tetap 4. To release or write off movable fixed assets
bergerak dengan umur ekonomis yang lazim berlaku with an economic age of up to five years
dalam industri pada umumnya sampai dengan lima that is generally applicable in the industry.
tahun.
5. Menghapuskan dari pembukuan terhadap piutang 5. To write off bad debts and dead stock inventory
macet dan persediaan barang mati. from the books.
6. Mengadakan kerja sama lisensi, kontrak manajemen, 6. To enter into licensing cooperation, management
menyewakan aset, kerja sama operasi dan perjanjian contracts, asset leasing, operational cooperation,
kerja sama lainnya yang dalam bidang usaha and other cooperation within the Company’s
Perseroan dalam Pasal 3 Anggaran Dasar melebihi business sector in accordance with Section 3 of the
nilai tertentu yang ditetapkan oleh Dewan Komisaris. Articles of Association that exceeds a certain value
determined by the Board of Commissioners.
7. Mengadakan kerja sama lisensi, kontrak 7. To enter into licensing cooperation, management
manajemen, menyewakan aset, kerja sama operasi contracts, asset leasing, operational cooperation,
dan kerja sama lainnya yang tidak dalam bidang and other cooperation that is not within the
usaha Perseroan sebagaimana ketentuan Pasal Company’s business sector as stated in the
3 Anggaran Dasar untuk jangka waktu tidak provisions of Section 3 of the Articles of Association
lebih dari satu tahun atau yang melebihi nilai for a period of not more than one year or that
tertentu yang ditetapkan oleh Dewan Komisaris. exceeds a certain value determined by the Board
of Commissioners.
8. Menetapkan dan menyesuaikan struktur organisasi 8. To stipulate and adjust the organizational structure
sampai dengan satu tingkat di bawah Direksi. up to one level below the Board of Directors.
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Tata Kelola Perusahaan
Good Corporate Governance
Tata Cara dan Frekuensi Pemberian Frequency and Procedures for Advice
Nasihat Provision
Pelaksanaan pengawasan dan pemberian nasehat oleh The Board of Commissioners may carry out supervision
Dewan Komisaris dapat dilakukan setiap saat melalui: and provide advice at any time through:
1. Meminta keterangan secara tertulis kepada 1. Request for written information from the Board
Direksi tentang suatu permasalahan yang terjadi. of Directors on an occurring issue.
2. Memberikan pendapat atau arahan dalam rapat 2. Provision of opinions or advice in meetings of
Dewan Komisaris dengan Direksi atau rapat- the Board of Commissioners and the Board
rapat lain yang dihadiri oleh anggota Dewan of Directors or other meetings attended by
Komisaris. members of the Board of Commissioners.
3. Kunjungan ke Divisi/Departemen/Bagian/ 3. Visits to the Company’s Divisions/
Lokasi Perseroan dalam rangka memastikan Departments/Sections/Locations to ensure that
pelaksanaan operasional Perseroan seperti the Company’s operational activities, including
produksi, distribusi, pemasaran, sumber daya in production, distribution, marketing, human
manusia, keuangan dan aspek lainnya berjalan resources, finance, and other aspects, run
secara efektif. properly.
4. Memberikan tanggapan atas laporan berkala 4. Provision of responses on periodical reports
yang diberikan oleh Direksi. submitted by the Board of Directors.
Rekomendasi dan Persetujuan Dewan Komisaris di Tahun 2023
Recommendations and Approval of the Board of Commissioners in 2023
Pelaksanaan Tugas Dewan Komisaris
Implementation of Duties of the Board of Commissioners
Periode Rekomendasi
No
Period Recommendation
Rekomendasi usulan submission non-binding offer rencana pertumbuhan anorganik
1 30 Januari | January 202
Recommendation for the submission of a non-binding offer for inorganic growth plans
Rekomendasi pengajuan pinjaman luar negeri (long term loan)
2 6 Februari | February 2023
Recommendation for foreign loan (long-term loan) application
Rekomendasi usulan FID ABI-NBD pengadaan turbine rotor set PLTP Unit-4 Area Kamojang
3 6 Februari | February 2023 Recommendation for the proposal on the Final Investment Decision regarding the Non-Business
Development Investment Cost Budget for a turbine rotor set at Unit-4 GPP in Kamojang Area
316 elevate Laporan Tahunan 2023 Annual Report
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Tata Kelola Perusahaan
Good Corporate Governance
Persetujuan harga penawaran umum perdana saham PGE
4 12 Februari | February 2023
Approval for the initial public offering price of PGE’s shares
Rekomendasi RKAP 2023-2027
5 15 Februari | February 2023
Recommendation for the 2023-2037 Company Long-Term Plan
Rekomendasi hasil tinjauan capaian HSSE kinerja tahun 2022
6 16 Februari | February 2023
Recommendation for review results of HSSE performance achievements in 2022
Rekomendasi hasil tinjauan manajemen risiko kinerja tahun 2022
7 16 Februari | February 2023
Recommendation for review results of risk management performance in 2022
Rekomendasi hasil tinjauan capaian investasi kinerja tahun 2022
8 16 Februari | February 2023
Recommendation for review results of investment performance achievements in 2022
Rekomendasi hasil tinjauan capaian supply chain management kinerja tahun 2022
9 16 Februari | February 2023 Recommendation for review results of supply chain management performance achievements in
2022
Rekomendasi hasil tinjauan capaian keuangan kinerja tahun 2022
10 16 Februari | February 2023
Recommendation for review results of financial performance achievements in 2022
Rekomendasi hasil tinjauan capaian human capital kinerja tahun 2022
11 16 Februari | February 2023
Recommendation for review results of human capital performance achievements in 2022
Rekomendasi hasil tinjauan capaian internal audit kinerja tahun 2022
12 16 Februari | February 2023
Recommendation for review results of internal audit performance achievements in 2022
Rekomendasi hasil tinjauan capaian GICT kinerja tahun 2022
13 16 Februari | February 2023
Recommendation for review results of GICT performance achievements in 2022
Persetujuan atas pemberhentian dan pengangkatan Chief Audit Executive
14 3 Maret | March 2023
Approval for the dismissal and appointment of the Chief Audit Executive
Nilai threshold kewenangan Dewan Komisaris
15 6 Maret | March 2023
Threshold value of the authority of the Board of Commissioners
Rekomendasi refinancing bridge loan melalui penerbitan green bonds atau penarikan green
loan
16 14 April | April 2023
Recommendation for refinancing bridge loan through the issuance of green bonds or
withdrawal of green loans
Rekomendasi lelang wilayah kerja panas bumi
17 28 April | April 2023
Recommendation for the auction of geothermal work areas
Persetujuan atas penetapan Corporate Secretary
18 28 April | April 2023
Approval for the appointment of the Corporate Secretary
Persetujuan atas usulan penetapan remunerasi 2023 dan tantiem 2022
19 22 Mei | May 2023
Approval for the proposal to stipulate the remuneration for 2023 and tantiem for 2022
Approval for the proposal to stipulate the remuneration for 2023 and tantiem for 2022
20 24 Mei |May 2023 Performance evaluation of the Public Accounting Firm on the Consolidated Financial Statements
of PGE and Its Subsidiaries for fiscal year 2022
Rencana implementasi program MESOP tahap 1
21 24 Mei |May 2023
Plan of Management and Employee Stock Option Program Implementation Stage 1
Konsultasi kandidat Komisaris PGE
22 4 Juni | June 2023
Consultation for PGE Commissioner candidates
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Tata Kelola Perusahaan
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Persetujuan remunerasi 2023 dan tantiem 2022
23 25 Agustus | August 2023
Approval for the remuneration for 2023 and tantiem for 2022
Rekomendasi perihal hasil tinjauan capaian kinerja HSSE semester I tahun 2023
24 30 Agustus | August 2023 Recommendation for review results of HSSE performance achievements in the first semester
of 2023
Rekomendasi perihal hasil tinjauan capaian kinerja supply chain management semester I
tahun 2023
25 30 Agustus | August 2023
Recommendation for review results of supply chain management performance achievements
in the first semester of 2023
Rekomendasi perihal hasil tinjauan capaian kinerja anak perusahaan/ perusahaan patungan
semester I tahun 2023
26 30 Agustus | August 2023
Recommendation for review results of subsidiary/joint venture performance achievements
in the first semester of 2023
Rekomendasi perihal hasil tinjauan capaian kinerja human capital semester I tahun 2023
27 30 Agustus | August 2023 Recommendation for review results of human capital performance achievements in the first
semester of 2023
Rekomendasi perihal hasil tinjauan capaian pemenuhan GCG semester I tahun 2023
28 30 Agustus | August 2023 Recommendation for review results of GCG compliance achievements in the first semester of
2023
Rekomendasi perihal hasil tinjauan capaian kinerja Internal Audit semester I tahun 2023
29 30 Agustus | August 2023 Recommendation for review results of Internal Audit performance achievements in the first
semester of 2023
Rekomendasi perihal Hasil Tinjauan Capaian Kinerja kantor Akuntan Publik Semester I Tahun
2023 PGE
30 30 Agustus | August 2023
Recommendation for Review Results of PGE’s Public Accounting Firm Performance Achieve-
ments in the First Semester of 2023
Rekomendasi perihal hasil tinjauan capaian kinerja keuangan semester I Tahun 2023
31 30 Agustus | August 2023
Recommendation for review results of financial performance achievements in the first semester
of 2023
Rekomendasi perihal hasil tinjauan capaian kinerja manajemen risiko semester I tahun 2023
32 30 Agustus | August 2023 Recommendation for review results of risk management performance achievements in the first
semester of 2023
Rekomendasi terhadap permintaan persetujuan atas pembayaran sisa nilai kontrak pengurus
Perseroan
33 30 Agustus | August 2023
Recommendation for request for approval of payment of the remaining contract value
of the Company’s management
Rekomendasi kandidat pengurus perusahaan Joint Venture (JV) WKP
34 5 Oktober | October 2023
Recommendation for management candidates for WKP Joint Venture (JV) company
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Tata Kelola Perusahaan
Good Corporate Governance
Masa Jabatan dan Kriteria Anggota Term of Office and Member Criteria for
Dewan Komisaris the Board of Commissioners
Masa jabatan anggota Dewan Komisaris ditetapkan 3 The term of office of members of the Board of
(tiga) tahun dan dapat diangkat kembali untuk 1 (satu) Commissioners is set at 3 (three) years and they can be
kali masa jabatan. Anggota Dewan Komisaris sewaktu- reappointed for 1 (one) term of office. Members of the
waktu dapat diberhentikan berdasarkan keputusan RUPS Board of Commissioners may be dismissed at any time
dengan menyebutkan alasannya. Persyaratan yang harus based on a GMS resolution by disclosing the grounds.
dipenuhi oleh calon anggota Dewan Komisaris, meliputi: Requirements that must be met by prospective members
of the Board of Commissioners include:
1. Syarat umum meliputi: 1. General requirements, covering:
a. Mempunyai akhlak, moral, dan integritas a. Having good character, morals, and
yang baik. integrity.
b. Cakap melakukan perbuatan hukum. b. Capable of carrying out legal actions.
c. Memiliki komitmen untuk mematuhi c. Having a commitment to complying with
peraturan perundang-undangan dan tata laws and regulations and good corporate
kelola perusahaan yang baik. governance.
d. Memiliki pengetahuan dan/atau keahlian d. Having knowledge and/or expertise in
di bidang yang dibutuhkan oleh Perseroan. fields needed by the Company.
e. Dalam 5 (lima) tahun sebelum e. In the last 5 (five) years prior to the
pengangkatan dan selama menjabat: appointment and during the term of office:
1) Tidak pernah dinyatakan pailit. 1) Have never been declared bankrupt.
2) Tidak pernah menjadi anggota 2) Have never been a member of the
Direksi dan/atau anggota Dewan Board of Directors and/or a member
Komisaris yang dinyatakan bersalah of the Board of Commissioners who
menyebabkan suatu perusahaan was found guilty of causing a company
dinyatakan pailit. to be declared bankrupt.
3) Tidak pernah dihukum karena 3) Have never been sentenced due
melakukan tindak pidana yang to committing a crime that is
merugikan keuangan negara dan/ detrimental to state finances and/
atau yang berkaitan dengan sektor or related to the financial sector.
keuangan.
4) Tidak pernah menjadi anggota Direksi 4) Have never been a member of the
dan/atau Dewan Komisaris yang Board of Directors and/or the Board
selama menjabat: of Commissioners who during the term
of office:
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Tata Kelola Perusahaan
Good Corporate Governance
• Pernah tidak menyelenggarakan • Has neglected to hold the GMS.
RUPS.
• Pertanggungjawaban sebagai • Has never provided accountability
anggota Direksi dan/atau as a member of the Board of
Dewan Komisaris pernah Directors and/or the Board of
tidak diterima oleh RUPS atau Commissioners to the GMS or
tidak pernah memberikan whose accountability as a member
pertanggungjawaban sebagai of the Board of Directors and/or
anggota Direksi dan/atau Dewan the Board of Commissioners was
Komisaris kepada RUPS. rejected by the GMS.
• Pernah menyebabkan perusahaan • Has caused a company that
yang memperoleh izin, obtained a license, approval, or
Persetujuan, atau pendaftaran dari registration from the Financial
Otoritas Jasa Keuangan (“OJK”) Services Authority (OJK) to fail
tidak memenuhi kewajiban to fulfill its obligation to submit
menyampaikan laporan Tahunan the Annual Report and/or
dan/atau laporan keuangan Financial Statement to the FSA.
kepada OJK.
2. Syarat khusus meliputi: 2. Specific requirements, including:
a. Memiliki pengalaman menangani a. Having an experience in managing
korporasi sebagai senior management a corporation as part of the senior
dan dapat memberikan rekomendasi management and the ability to provide
serta solusi yang dibutuhkan Perseroan. recommendations and solutions required
by the Company.
b. Menyediakan waktu yang cukup untuk b. Providing sufficient time to carry out duties.
melaksanakan tugasnya.
c. Khusus untuk Komisaris Independen wajib c. Specifically for Independent Commissioners,
memenuhi persyaratan sebagai berikut: they are required to fulfill the following
requirements:
1) Bukan merupakan orang yang bekerja 1) Not a person who works or has the
atau mempunyai wewenang dan authority and responsibility to plan,
tanggung jawab untuk merencanakan, lead, or supervise the activities of
memimpin, mengendalikan, atau an Issuer or Public Company within
mengawasi kegiatan Emiten atau the last 6 (six) months, except for
Perusahaan Publik tersebut dalam reappointment as an Independent
waktu 6 (enam) bulan terakhir, kecuali Commissioner of the Issuer or Public
untuk pengangkatan kembali sebagai Company in the next period.
Komisaris Independen Emiten atau
Perusahaan Publik pada periode
berikutnya.
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Tata Kelola Perusahaan
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2) Tidak mempunyai saham baik 2) Not directly or indirectly owning any
langsung maupun tidak langsung share in the Issuer or Public Company.
pada Emiten atau Perusahaan Publik
tersebut.
3) Tidak mempunyai hubungan afiliasi 3) Not having any affiliation with the
dengan Perseroan, anggota Dewan Company, members of the Board of
Komisaris, anggota Direksi, atau Commissioners, members of the Board
pemegang saham utama Perseroan. of Directors, or majority shareholders of
the Company.
4) Tidak mempunyai hubungan usaha 4) Not directly or indirectly having
baik langsung maupun tidak langsung any business relations related
yang berkaitan dengan kegiatan to the business activities of the
usaha Emiten atau Perusahaan Publik Issuer or Public Listed Company.
tersebut.
d. Persyaratan sebagaimana dimaksud angka d. Requirements as referred to in number
3 di atas wajib dipenuhi oleh Komisaris 3 must be fulfilled by the Independent
Independen selama menjabat. Commissioners during their tenure.
3. Syarat lain meliputi: 3. Other requirements, including:
a. Tidak memiliki hubungan keluarga sampai a. Not having any vertical or horizontal
derajat ketiga, baik menurut garis lurus family relationships up to the third degree,
maupun garis ke samping, termasuk including marital relationships (children-in-
hubungan semenda (menantu atau ipar) law or sibling-in-law) with another member
dengan anggota Dewan Komisaris dan/ of the Board of Commissioners and/or a
atau anggota Direksi lainnya. member of the Board of Directors.
b. Bukan pengurus partai politik dan/atau b. Not a member of a political party and/or
anggota legislatif. the parliament.
c. Tidak sedang menduduki jabatan sebagai c. Not currently holding a position as a
anggota Direksi pada Badan Usaha Milik member of the Board of Directors of a
Daerah, Badan Usaha Milik Swasta atau Regional Government-Owned Enterprise
jabatan lainnya yang dapat menimbulkan or a privately-owned enterprise, or other
benturan kepentingan secara langsung positions that may cause direct or indirect
atau tidak langsung dengan Perseroan conflicts of interest with the Company in
sesuai dengan ketentuan peraturan accordance with provisions of applicable
perundang-undangan yang berlaku. laws and regulations.
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Orientasi Komisaris Baru Induction Program for the New Board
of Commissioners
Anggota Dewan Komisaris yang baru diangkat akan Newly-appointed members of the Board of Commissioners
menjalani program orientasi terkait pemahaman topik will undertake an induction program related to the
sebagai berikut: following topics:
• Pelaksanaan prinsip-prinsip GCG oleh Perseroan. • Implementation of GCG principles by the
Company.
• Gambaran mengenai Perseroan terkait visi misi, • Insight about the Company related to its vision
tujuan, lingkup kegiatan, kinerja keuangan dan and mission, purpose, scope of activities, financial
operasi, strategi, rencana usaha jangka pendek and operational performance, strategies, short-
dan jangka panjang, posisi kompetitif, risiko, dan term and long-term business plans, competitive
hal-hal strategis lainnya. position, risks, and other strategic issues.
• Keterangan berkaitan dengan kewenangan yang • Information related to delegated authority,
didelegasikan, audit internal dan eksternal, internal and external audits, internal control
sistem dan kebijakan pengendalian internal, systems and policies, including Committees
termasuk Komite-Komite yang dibentuk oleh established by the Board of Commissioners.
Dewan Komisaris.
• Keterangan mengenai tugas dan tanggung • Information on duties and responsibilities of
jawab Dewan Komisaris dan Direksi serta hal-hal the Board of Commissioners and the Board of
yang tidak diperbolehkan. Directors and prohibited matters.
• Tata laksana hubungan dengan organ Perseroan • Governance of relations with other Company
lainnya termasuk mengenai teknis dan waktu organs, including technical matters and
pelaksanaannya. implementation time.
Informasi khusus lainnya yang disampaikan saat program Other specific information conveyed during the induction
pengenalan Dewan Komisaris termasuk pengembangan program of the Board of Commissioners includes
panas bumi di Indonesia, pengembangan panas bumi geothermal development in Indonesia, the Company’s
Perseroan, tantangan dan harapan Perseroan serta geothermal development, the Company’s challenges and
implementasi GCG di Perseroan. expectations, and GCG implementation in the Company.
Program orientasi yang diberikan dapat berupa The induction program may take place in the form
presentasi, pertemuan atau kunjungan ke fasilitas of a presentation, visits to the Company’s facilities,
Perseroan, perkenalan dengan jajaran Perseroan dan/ introduction to the Company’s ranks and/or the
atau jajaran manajemen di Perseroan, serta program Company’s management, and other forms depending on
lainnya sesuai kebutuhan anggota Dewan Komisaris yang the needs of the members of the Board of Commissioners
bersangkutan dan tetap mengedepankan akuntabilitas concerned while still prioritizing accountability and cost
dan efisiensi biaya. efficiency.
Program pengenalan dilaksanakan selambat-lambatnya The induction program is carried out at the latest 90
90 (sembilan puluh) hari kalender setelah RUPS (ninety) calendar days after the GMS decides on
memutuskan pengangkatan anggota Dewan Komisaris the appointment of a new member of the Board of
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yang baru. Pada 2023, Perseroan mengangkat anggota Commissioners. In 2023, the Company appointed new
Dewan Komisaris baru yaitu Bapak Sujit S. Parhar members of the Board of Commissioners, namely Mr. Sujit
dan Bapak Dannif Danusaputro yang telah mengikuti S. Parhar and Mr. Dannif Danusaputro who attended the
program orientasi pada 26 Juni 2023. induction program on June 26, 2023.
Prosedur Pengangkatan dan Procedures for Appointment and
Pemberhentian/Pengunduran Diri Dismissal/Resignation of Members of
Dewan Komisaris the Board of Commissioners
Pengangkatan dan pemberhentian atau pengunduran The appointment and dismissal or resignation of members
diri Dewan Komisaris dilakukan berdasarkan persetujuan of the Board of Commissioners is conducted based on the
pemegang saham melalui RUPS, setelah melalui proses approval of shareholders through the GMS, after going
evaluasi, kriteria penilaian dan kepatutan. Hal ini telah through an evaluation process and criteria and priority
sesuai dengan Anggaran Dasar Perseroan, Peraturan assessment. This is in compliance with the Company’s
Menteri BUMN No. PER-3/MBU/03/2023 tentang Articles of Association, Regulation of Minister of SOEs
Organ dan Sumber Daya Manusia (SDM), serta Number PER-3/MBU/03/2023 on Organs and Human
Peraturan OJK No. 33/POJK.04/2014 tentang Direksi Resources, and POJK Number 33/POJK.04/2014 on
dan Dewan Komisaris Emiten atau Perusahaan Publik. the Board of Directors and the Board of Commissioners
of Issuers or Public Companies.
Mekanisme pemberhentian Dewan Komisaris adalah The mechanism for the dismissal of members of the Board
sebagai berikut: of Commissioners is as follows:
1. RUPS dapat memberhentikan anggota Dewan 1. The GMS may dismiss members of the Board
Komisaris sewaktu-waktu sebelum masa of Commissioners at any time prior to the end
jabatannya berakhir dengan menyebutkan of the term of office by disclosing the grounds,
alasannya, antara lain: namely:
a. Tidak dapat memenuhi kewajibannya yang a. Fail to fulfill their obligations as agreed
telah disepakati dalam kontrak manajemen. upon the management contract.
b. Tidak dapat menjalankan tugasnya dengan b. Fail to carry out their duties properly.
baik.
c. Melanggar ketentuan Anggaran Dasar c. Violate provisions of the Articles of
dan/atau peraturan perundang undangan Association and/or applicable laws and
yang berlaku. regulations.
d. Dinyatakan bersalah dengan keputusan d. Declared guilty by court decision
pengadilan yang telah berkekuatan hukum that has permanent legal force.
tetap.
e. Terlibat dalam tindakan yang merugikan e. Get involved in actions detrimental to the
Perseroan dan/atau Negara. Company and/or the State.
f. Terjadinya keadaan antara para anggota f. There is a situation where members of the
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Dewan Komisaris dan antara anggota Board of Commissioners and between
Dewan Komisaris dengan anggota Direksi members of the Board of Commissioners
memiliki hubungan keluarga sampai and members of the Board of Directors
dengan derajat ketiga, baik menurut garis have family relationships up to the third
lurus maupun garis samping, termasuk degree, both vertical and horizontal
hubungan semenda (menantu dan ipar). line, including marital relationships
(children-in-law and sibling-in-law).
g. Tidak lagi memenuhi persyaratan g. No longer fulfill the requirements of
perundang-undangan yang berlaku. applicable laws and regulations.
h. Alasan lainnya Dewan Komisaris yang h. Other grounds stipulated by the GMS.
diberhentikan oleh RUPS.
2. Dewan Komisaris yang diberhentikan tersebut tetap 2. The dismissed members of the Board of
diminta pertanggungjawabannya terhitung dari Commissioners are still held accountable from
awal tahun buku sampai dengan tanggal efektif the beginning of the fiscal year until the effective
pemberhentiannya, sepanjang tindakan Dewan date of their dismissal, so long as the actions of
Komisaris tersebut tercermin dalam Laporan Tahunan the Board of Commissioners are reflected in the
tahun buku yang bersangkutan. Annual Report for the relevant fiscal year.
3. Bagi anggota Dewan Komisaris yang berhenti 3. Members of the Board of Commissioners who
sebelum maupun pada saat masa jabatannya are dismissed prior to or at the end of their
berakhir kecuali berhenti karena meninggal dunia, term of office, unless they passed away, remain
maka yang bersangkutan tetap bertanggung jawab responsible for their actions for which the
atas tindakan-tindakannya yang belum diterima accountability has not been accepted by the
pertanggungjawabannya oleh RUPS. GMS.
4. Perseroan wajib melakukan keterbukaan informasi 4. The Company must disclose information to
kepada masyarakat dan menyampaikan kepada the public and notify the Financial Services
Otoritas Jasa Keuangan (OJK) paling lambat 2 Authority (OJK) no later than 2 (two) business
(dua) hari kerja mengenai: days regarding:
a. Keputusan pemberhentian sementara. a. Decision on temporary dismissal.
b. Hasil penyelenggaraan RUPS sebagaimana b. Results of the GMS as described above.
dimaksud di atas.
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Mekanisme pengunduran Dewan Komisaris adalah The mechanism for the resignation of members of the
sebagai berikut: Board of Commissioners is as follows:
1. Anggota Dewan Komisaris berhak mengundurkan 1. Members of the Board of Commissioners
diri dari jabatannya dengan memberitahukan have the right to resign from their position
secara tertulis mengenai maksud tersebut kepada with prior written notification to the Company
Perseroan sekurangnya 60 (enam puluh) hari minimum 60 (sixty) calendar days prior to the
kalender sebelum tanggal pengunduran dirinya. date of resignation. The written notification
Pemberitahuan tertulis tersebut tidak berlaku jika does not apply if the members of the Board
anggota Dewan Komisaris yang bersangkutan of Commissioners concerned are assigned by
ditugaskan oleh pejabat yang berwenang atau authorized officials or if there is a provision
terdapat ketentuan peraturan perundangan yang of laws and regulations that regulates
mengatur lain. Perseroan wajib menyelenggarakan otherwise. The Company must hold a GMS
RUPS untuk memutuskan permohonan pengunduran to decide on the request for resignation of
diri anggota Dewan Komisaris yang bersangkutan the members of the Board of Commissioners
dalam jangka waktu paling lambat 60 (enam puluh) concerned no later than 60 (sixty) calendar
hari kalender setelah diterimanya pemberitahuan days after the written notification is received.
secara tertulis tersebut.
2. Dalam hal Perseroan tidak menyelenggarakan 2. In the event that the Company does not convene
RUPS dalam jangka waktu tersebut, maka dengan a GMS within that period, with the expiration
lampaunya kurun waktu tersebut pengunduran of the period, the resignation of the members
diri anggota Dewan Komisaris yang bersangkutan of the Board of Commissioners concerned
menjadi sah dan anggota Dewan Komisaris yang becomes valid and the members of the Board
bersangkutan berhenti dari jabatannya tanpa of Commissioners concerned resign from their
memerlukan persetujuan RUPS, dengan ketentuan position without requiring the approval from the
apabila pengunduran diri tersebut mengakibatkan GMS. If the resignation results in fewer than 2
jumlah anggota Dewan Komisaris menjadi kurang (two) people in the Board of Commissioners, the
dari 2 (dua) orang, maka pengunduran diri tersebut resignation is valid only if it has been stipulated
sah apabila telah ditetapkan oleh RUPS dan telah by the GMS and a new member of the Board
diangkat anggota Dewan Komisaris yang baru of Commissioners has been appointed, thus
sehingga memenuhi persyaratan minimal jumlah meeting the requirement for the minimum number
anggota Dewan Komisaris. of members of the Board of Commissioners.
3. Terhadap anggota Dewan Komisaris yang 3. Members of the Board of Commissioners
mengundurkan diri sebagaimana tersebut di atas who have resigned as described above may
tetap dapat dimintakan pertanggungjawabannya still be held accountable as members of
sebagai anggota Dewan Komisaris sejak the Board of Commissioners from the date
pengangkatan yang bersangkutan hingga tanggal of their appointment until the date of their
pengunduran dirinya sebagai anggota Dewan resignation from the Board of Commissioners.
Komisaris.
4. Perseroan wajib melakukan keterbukaan informasi 4. The Company must disclose information to the
kepada masyarakat dan menyampaikan kepada public and notify the OJK no later than two
OJK paling lambat dua hari kerja setelah: business days regarding:
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a. Diterimanya permohonan pengunduran diri a. The approval of resignation request of the
Dewan Komisaris. Board of Commissioners.
b. Hasil penyelenggaraan RUPS sebagaimana b. Results of the GMS as described above.
dimaksud di atas.
5. Sebelum pengunduran diri berlaku efektif, anggota 5. Before the resignation becomes effective, the
Dewan Komisaris yang bersangkutan tetap members of the Board of Commissioners concerned
bertanggung jawab atas pelaksanaan tugas dan remain responsible for carrying out their duties and
tanggung jawabnya sesuai Anggaran Dasar dan responsibilities in accordance with the Articles of
peraturan perundang-undangan. Association and laws and regulations.
Prosedur pengangkatan Dewan Komisaris dijelaskan Procedures for the appointment of the Board of
pada bagian Nominasi dan Remunerasi Dewan Komisaris Commissioners are described in the section of Nomination
dan Direksi pada bab ini. and Remuneration of the Board of Commissioners and the
Board of Directors in this chapter.
Kebijakan Rangkap Jabatan Dewan Policy on Concurrent Positions of the
Komisaris Board of Commissioners
Sesuai ketentuan yang tercantum dalam Anggaran In accordance with the provisions stated in the Company’s
Dasar Perseroan, anggota Dewan Komisaris Articles of Association, members of the Board of
dilarang memangku jabatan rangkap sebagai: Commissioners are prohibited from having the following
concurrent positions:
• Anggota Direksi pada Badan Usaha Milik • Member of the Board of Directors of a Regional
Daerah dan Badan Usaha Milik Swasta. Government-Owned Enterprise and a private
company.
• Pengurus partai politik dan/atau anggota • Member of a political party and/or the
legislatif. parliament.
• Jabatan lainnya sesuai dengan ketentuan dalam • Other positions based on the provisions of
peraturan perundang-undangan. applicable laws and regulations.
• Jabatan lainnya yang dapat menimbulkan • Other positions that may cause a direct or indirect
benturan kepentingan secara langsung atau conflict of interest with the Company in line with
tidak langsung dengan Perseroan sesuai dengan the provisions of applicable laws and regulations.
ketentuan peraturan perundang-undangan yang
berlaku.
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Rangkap jabatan yang dipegang oleh anggota Dewan Concurrent positions held by members of the Company’s
Komisaris Perseroan pada tahun 2023 telah sesuai Board of Commissioners in 2023 have complied with the
dengan Anggaran Dasar Perseroan dan tidak melanggar Company’s Articles of Association and did not conflict
POJK No. 33/ POJK.04/2014 tentang Direksi dan with POJK Number 33/ POJK.04/2014 on the Board
Dewan Komisaris Perusahaan Publik. Rangkap jabatan of Directors and the Board of Commissioners of Public
diungkapkan pada bagian Profil Dewan Komisaris dalam Companies. Concurrent positions are disclosed in the
Laporan Tahunan ini. Profile of the Board of Commissioners section of this
Annual Report.
Pengelolaan Benturan Kepentingan Management of Conflicts of Interest
Dewan Komisaris The Board of Commissioners
• Benturan kepentingan adalah suatu kondisi • A conflict of interest is a situation where the
tertentu di mana kepentingan anggota Dewan interest of a member of the Board of Directors
Komisaris bertentangan dengan kepentingan conflicts with that of the Company to gain
Perseroan untuk meraih laba, meningkatkan nilai, profit, increase value, achieve the vision, and
mencapai visi dan menjalankan misi serta arahan carry out missions and directives of the General
Rapat Umum Pemegang Saham, yang pada Meeting of Shareholders, which will eventually
akhirnya akan merugikan Perseroan. Berkaitan disadvantage the Company. Therefore,
dengan hal tersebut maka anggota Dewan members of the Board of Commissioners must.
Komisaris.
• Dilarang melakukan transaksi yang mempunyai • Not make any transactions that contain conflicts
benturan kepentingan dan mengambil of interest and take personal advantage of the
keuntungan pribadi dari kegiatan Perseroan, Company’s activities other than the honorarium
selain honorarium dan tunjangan/fasilitas yang and allowances/facilities they receive as members
diterimanya sebagai anggota Dewan Komisaris of the Board of Commissioners determined by the
yang ditentukan oleh RUPS. GMS.
• Mengisi Daftar Khusus yang berisikan kepemilikan • Fill out a Special Register containing their and/or
sahamnya dan atau keluarganya pada Perseroan their family’s ownership of shares of the Company
maupun perusahaan lain. or other companies.
• Mengisi Deklarasi Benturan Kepentingan yang • Fill out Declaration of Conflicts of Interest,
merupakan pernyataan dari anggota Dewan which is a statement of members of the Board of
Komisaris bahwa yang bersangkutan tidak Commissioner that they do not have any conflicts
memiliki benturan kepentingan. of interest.
• Tidak memanfaatkan jabatan bagi kepentingan • Not misuse their position for personal interest
pribadi atau bagi kepentingan orang atau pihak or the interest of other people or related parties
lain yang terkait yang bertentangan dengan that conflicts with the Company’s interest.
kepentingan Perseroan.
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• Menghindari setiap aktivitas yang dapat • Avoid all activities that may affect the
mempengaruhi independensi dalam independence in performing duties.
melaksanakan tugas.
• Melakukan pengungkapan dalam hal terjadi • Make a disclosure in the event of a conflict of
benturan kepentingan, dan yang bersangkutan interest, and the concerned members must not
tidak boleh melibatkan diri dalam proses involve themselves in the Company’s decision-
pengambilan keputusan Perseroan yang making process related to that matter.
berkaitan dengan hal tersebut.
Sepanjang tahun 2023 tidak terdapat kondisi terkait Throughout 2023, there was no situations related to
benturan kepentingan yang melibatkan anggota Dewan conflicts of interest involving members of the Company’s
Komisaris Perseroan. Board of Commissioners.
Kebijakan Pengungkapan Kepemilikan Policy on Share Ownership Disclosure
Saham oleh Dewan Komisaris by the Board of Commissioners
Anggota Dewan Komisaris wajib melakukan pelaporan Members of the Board of Commissioners must report
atas transaksi saham serta perubahan kepemilikan transactions of shares and changes in the Company’s share
saham Perseroan kepada Sekretaris Perusahaan, untuk ownership to the Corporate Secretary to subsequently
kemudian dilaporkan kepada Bursa Efek Indonesia be reported to the Indonesia Stock Exchange (IDX) and
(BEI) dan OJK dalam waktu 3 (tiga) hari kalender sejak the OJK within 3 (three) calendar days after the share
transaksi saham. transaction.
Informasi mengenai kepemilikan saham Perseroan oleh Information on the Board of Commissioners’ ownership of
Dewan Komisaris (langsung maupun tidak langsung) the Company’s shares (direct or indirect) is presented in
disajikan pada bab Profil Perusahaan dalam Laporan the Company Profile chapter of this Annual Report.
Tahunan ini.
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Kebijakan dan Pelaksanaan Rapat The Board of Commissioners Meeting
Dewan Komisaris Organization and Policy
Sesuai ketentuan di dalam Board Manual, Dewan In accordance with the provisions contained in the
Komisaris wajib mengadakan rapat minimal satu bulan Board Manual, the Board of Commissioners must hold
sekali. Rapat Dewan Komisaris terdiri atas Rapat a meeting at least once in one month. The Board of
Internal Dewan Komisaris (rapat antar anggota Dewan Commissioners meetings consist of Internal Meetings of
Komisaris dan/atau antara anggota Dewan Komisaris the Board of Commissioners (meetings between members
dan Komite di bawah Dewan Komisaris) dan Rapat of the Board of Commissioners and/or between members
Dewan Komisaris Bersama Direksi (Rapat Gabungan). of the Board of Commissioners and Committees under
the Board of Commissioners) and Joint Meetings of the
Board of Commissioners and the Board of Directors.
Apabila dipandang perlu oleh Komisaris Utama, Dewan If deemed necessary by the President Commissioner,
Komisaris dapat menyelenggarakan rapat lebih dari the Board of Commissioners may convene more than
sebulan sekali. Rapat Dewan Komisaris juga dapat one meeting in one month. Meetings of the Board of
dilakukan atas usul paling sedikit ¹/3 (satu per tiga) dari Commissioners may also be held based on the proposal
jumlah anggota Dewan Komisaris, permintaan Direksi of at least ¹/3 of the number of members of the Board of
atau permintaan tertulis dari pemegang saham yang Commissioners or a written request of the shareholder
memiliki jumlah saham terbesar dengan menyebutkan with the highest number of shares by stating the issues to
hal-hal yang akan dibicarakan. be discussed.
Panggilan Rapat Dewan Komisaris disampaikan secara Invitations for the Board of Commissioners Meetings
tertulis kepada setiap anggota Dewan Komisaris dalam are delivered in writing to each member of the Board
jangka waktu paling lambat 5 (lima) hari sebelum rapat of Commissioners no later than 5 (five) days prior to the
diadakan. Rapat Dewan Komisaris dianggap sah apabila meeting. A meeting of the Board of Commissioners is
diadakan di tempat kedudukan Perseroan atau di tempat considered valid if it is held at the Company’s domicile or
kegiatan usaha yang utama di dalam wilayah Republik at the main place of business activities within the territory
Indonesia yang ditetapkan oleh Dewan Komisaris. of the Republic of Indonesia as determined by the Board
of Commissioners.
Sesuai kesepakatan, rapat Dewan Komisaris Perseroan Upon agreement, meetings of the Company’s Board of
juga dapat dilakukan secara virtual dengan menggunakan Commissioners may be held virtually via teleconference,
sarana telekonferensi, video konferensi atau melalui video conference, or other electronic media and
sarana media elektronik dan sistem komunikasi lain. communication system. This form of participation is
Bentuk partisipasi tersebut dianggap kehadiran secara considered direct attendance at the meeting.
langsung dalam rapat.
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Rapat Dewan Komisaris adalah sah dan berhak A meeting of the Board of Commissioners is valid and
mengambil keputusan yang mengikat apabila dihadiri decisions made in the meeting are binding if it is attended
atau diwakili oleh lebih dari setengah atau ½ (satu or represented by more than half or ½ (one-half) of the
per dua) jumlah anggota Dewan Komisaris. Dalam number of members of the Board of Commissioners.
mata acara lain-lain, rapat Dewan Komisaris tidak In other agenda items, meetings of the Board of
berhak mengambil keputusan kecuali semua anggota Commissioners have no authority to make a decision
Dewan Komisaris atau wakilnya yang sah hadir unless all members of the Board of Commissioners or
dan menyetujui penambahan mata acara rapat. their legal representatives are present and approve of
the additional meeting agenda items.
Semua keputusan dalam rapat Dewan Komisaris diambil All decisions made in the meetings of the Board of
dengan musyawarah untuk mufakat. Apabila melalui Commissioners are based on amicable deliberations. If
musyawarah tidak tercapai mufakat, maka keputusan consensus is not reached through deliberations, the Board
rapat Dewan Komisaris diambil dengan suara terbanyak. of Commissioners meeting decisions are made based on
Apabila jumlah suara yang setuju dan tidak setuju sama majority votes. If the number of consenting votes is equal
banyaknya, maka usul yang bersangkutan dianggap to the number of dissenting votes, the proposal is rejected.
ditolak, kecuali mengenai diri orang akan ditentukan In the event that the proposal concerns an individual, the
dengan undian secara tertutup. decision will be made by closed drawing lots.
Pemungutan suara mengenai diri orang dilakukan dengan Voting regarding an individual is carried out with closed
surat suara tertutup tanpa tanda tangan, sedangkan ballots without a signature, whereas voting regarding
pemungutan suara mengenai hal-hal lain dilakukan other issues is carried out verbally unless the Chair of the
secara lisan, kecuali Pimpinan rapat menentukan lain, meeting decides otherwise without any objections from
tanpa ada keberatan dari yang hadir. meeting participants.
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Rapat Internal Dewan Komisaris Policy on Share Ownership Disclosure
Sepanjang tahun 2023, pelaksanaan rapat internal Throughout 2023, the Board of Commissioners has held
Dewan Komisaris adalah sebanyak 10 kali dengan 10 internal meetings as follows:
perincian sebagai berikut:
Agenda Rapat Internal Dewan Komisaris
Internal Meeting Agenda of the Board of Commissioners
Peserta Rapat
Tanggal Meeting Participants
Agenda
Date SS SH** SSP IH* DD H
19 Januari | January BOC-BOD special meeting: update IPO V V - - - V
2023 Progress
BOC-BOD special meeting on IPO
progress update
5 Februari | February Pengajuan pinjaman luar negeri V V - - - V
2023 (long term loan)
Foreign loan (long-term loan) application
12 Februari | February Pembahasan persetujuan penawaran V V - - - V
2023 umum perdana saham PGE
Discussion on approval for the initial
public offering of PGE shares
15 Februari | February Pembahasan aspirasi masyarakat atas V V - - - V
2023 IPO PGE
Discussion on public aspirations about
PGE’s IPO
17 Februari | February Review kinerja PGE tahun 2022 V V - - - V
2023 Review of PGE’s performance in 2022
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Tata Kelola Perusahaan
Good Corporate Governance
7 Maret | March 2023 Rapat perpanjangan dan remunerasi V V - - - V
Sekretaris Dewan Komisaris
Meeting on the tenure extension and
remuneration of the Secretary of the
Board of Commissioners
31 Maret | March 202 Pembahasan observer untuk V V - - - V
2023 aktivitas PGE
Discussion on observers of PGE
activities
17 April | April Rapat remunerasi Komite Audit, Komite V V - - - V
2023 Investasi, dan Komite Remunerasi &
Nominasi PGE
Meeting on the remuneration of PGE’s
Audit Committee, Investment Committee,
and Remuneration & Nomination Com-
mittee
23 Agustus | August Rapat perpanjangan dan remunerasi V - V - V V
2023 Sekretaris Dewan Komisaris
Meeting on the tenure extension and re-
muneration of the Secretary of the Board
of Commissioners
23 November| Rapat pembagian tugas Dewan Komisa-
November ris, RKAP dan KPI Dewan Komisaris
2023 Meeting on the division of duties of the
V - V - V V
Board of Commissioners, the Company
Work Plan and Budget, and the KPI of
the Board of Commissioners
SS: Sarman Simanjorang, SH: Samsul Hidayat, SSP: Sujit S. Parhar, IH: Iman Hilmansah, DD: Dannif Danusaputro, H: Harris
*Tidak lagi menjabat sejak 19 Januari 2023
**Tidak lagi menjabat sejak 5 Juni 2023
*No longer in office since January 19, 2023
**No longer in office since June 5, 2023
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Tata Kelola Perusahaan
Good Corporate Governance
Frekuensi dan Kehadiran Dewan Komisaris dalam Rapat Internal
Frequency and Attendance of the Board of Commissioners at the Internal Meetings
Jumlah Per-
Nama Jabatan temuan Kehadiran Tingkat Kehadiran
Names Positions Number of Meet- Attendance Attendance Level
ings
Komisaris Utama/Komisaris Independen
Sarman Simanjorang President Commissioner/Independent 10 10 100%
Commissioner
Komisaris Independen
Samsul Hidayat* 8 8 100%
Independent Commissioner
Komisaris Independen
Sujit S. Parhar*** 2 1 50%
Independent Commissioner
Komisaris
Iman Hilmansah** 0 0 0%
Commissioner
Komisaris
Dannif Danusaputro*** 2 2 100%
Commissioner
*Tidak lagi menjabat sejak 5 Juni 2023
**Tidak lagi menjabat sejak 19 Januari 2023
***Mulai menjabat sejak 5 Juni 2023
*No longer in office since June 5, 2023
** No longer in office since January 19, 2023
***Served since June 5, 2023
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Tata Kelola Perusahaan
Good Corporate Governance
Rapat Gabungan Dewan Komisaris Joint Meetings of the Board of
dengan Direksi Commissioners and the Board of
Directors
Sepanjang tahun 2023, Perseroan telah Throughout 2023, the Company has held 15 (fifteen)
menyelenggarakan 15 (lima belas) kali rapat gabungan joint meetings between the Board of Commissioners and
antara Dewan Komisaris dan Direksi dengan perincian the Board of Directors. The details are as follows:
sebagai berikut:
Agenda Rapat Gabungan Dewan Komisaris dan Direksi
Agendas for Joint Meetings of the Board of Commissioners and the Board of Directors
Peserta Rapat
Meeting Participants
Tanggal
Agendas
Dates
SS SSP SH IH DD H AY JH EAB AYA RH NA
19 Januari | BOC-BOD Special V V V V V V V
January 2023 Meeting: Update IPO
Progress
BOC-BOD Special Meeting:
Update on IPO Progress
24 Januari | 1. Review/Tindak V V V V V V V
January 2023 Lanjut Hasil Rapat
Sebelumnya
2. Executive Summary
dan Kinerja Perseroan
Desember 2022
1. Review/Follow up
on the Results of the
Previous Meeting
2. Executive Summary and
Company Performance
December 2022
17 Februari 1. Review/Tindak V V V V V V V
| February Lanjut Hasil Rapat
2023 Sebelumnya
2. Executive Summary
dan Kinerja Perseroan
Januari 2023
3. Review Kinerja PGE
Tahun 2022
1. Review/Follow up
on the Results of the
Previous Meeting
2. Executive Summary and
Company Performance
January 2023
3. Review PGE
Performance in 2022
334 elevate Laporan Tahunan 2023 Annual Report
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Tata Kelola Perusahaan
Good Corporate Governance
21 Maret | 1. Review/Tindak V V V V V V V
March 2023 Lanjut Hasil Rapat
Sebelumnya
2. Executive Summary
dan Kinerja Perseroan
Februari 2023
3. Pembahasan Observer
untuk Aktivitas PGE
1. Review/Follow up
on the Results of the
Previous Meeting
2. Executive Summary and
Company Performance
February 2023
3. Observer Discussion
for PGE activities
31 Maret | Pembahasan Observer untuk V V V V V V V
March 2023 Aktivitas PGE
Observer Discussion for PGE
activities
17 AprIil 23 1. Review/Tindak V V V V V V V
Lanjut Hasil Rapat
Sebelumnya
2. Executive Summary
dan Kinerja Perseroan
Maret 2023
1. Review/Follow up
on the Results of the
Previous Meeting
2. Executive Summary and
Company Performance
March 2023
16 Mei | 1. Tindak Lanjut Hasil V V V V V V V
May 2023 Rapat Sebelumnya
2. Kinerja Perseroan April
2023
1. Review/Follow up
on the Results of the
Previous Meeting
2. Executive Summary and
Company Performance
April 2023
26 Juni | 1. Tindak Lanjut Hasil V V V V V V V V
June 2023 Rapat Sebelumnya
2. Kinerja Perseroan Mei
2023
3. Analisis Asset Under
Construction - Mitigasi
Risiko Impairment
4. Analisis Foreign
Exchange Exposure -
Yen dan IDR Terhadap
USD
1. Review/Follow up
on the Results of the
Previous Meeting
2. Executive Summary and
Company Performance
May 2023
3. Asset Under
Construction Analysis
– Impairment Risk
Mitigation
4. Foreign Exchange
Exposure Analysis - Yen
and IDR to USD Rate
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Tata Kelola Perusahaan
Good Corporate Governance
26 Juli | July 1. Review/Tindak V V V V V V V V
2023 Lanjut Hasil Rapat
Sebelumnya
2. Kinerja Perseroan Juni
2023
1. Review/Follow up
on the Results of the
Previous Meeting
2. Executive Summary
and Company
Performance June
2023
31 Agustus | 1. Review/Tindak V V V V V V V V
August 2023 Lanjut Hasil Rapat
Sebelumnya
2. Kinerja Perseroan Juli
2023
3. Laporan Hasil
Perjalanan Dinas ke
Kenya dan Keterkaitan
dengan Kerjasama
Panas Bumi
1. Review/Follow up
on the Results of the
Previous Meeting
2. Executive Summary and
Company Performance
July 2023
3. Report on the Results
of an Official Trip to
Kenya and Linkages
with Geothermal
cooperation
31 Agustus | Rapat Evaluasi Kinerja V V V V V V V V
August 2023 Semester I Tahun 2023 PGE
PGE Performance Evaluation
Meeting for Semester I of
2023
29 September 1. Review/Tindak V V V V V V V V
2003 Lanjut Hasil Rapat
Sebelumnya
2. Kinerja Perseroan
Agustus 2023
3. Pendanaan Proyek
Pertumbuhan
Anorganik
4. Pendirian Perusahaan
Patungan Pengelola
WKP Way Ratai
1. Review/Follow up
on the Results of the
Previous Meeting
2. Executive Summary and
Company Performance
August 2023
3. Inorganic Growth
Project Funding
4. Establishment of a
Joint Venture Company
Managing WKP Way
Ratai
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Tata Kelola Perusahaan
Good Corporate Governance
29 Oktober | 1. Update Proyek V V V V V V V V
October 2023 Geotermal Way Ratai
dan Seulawah
2. NBO Proyek
Pertumbuhan
Anorganik
3. Reaktivasi Area
Sibayak
4. Evaluasi Atas
Implementasi
Organ Struktur PGE
Terhadap Rencana
Pengembangan Bisnis
5. RKAP PGE 2024
6. Review/Tindak
Lanjut Hasil Rapat
Sebelumnya
7. Executive Summary
8. Kinerja Perseroan
September 2023
1. Update on Way
Ratai and Seulawah
Geothermal Projects
2. Inorganic Growth
Project NBO
3. Reactivation of Sibayak
Area
4. Evaluation of the
Implementation of
PGE Organ Structure
towards Business
Development Plans
5. The PGE’s 2024 RKAP
6. Review/Follow up
on the Results of the
Previous Meeting
7. Executive Summary
8. Company Performance
September 2023
29- November 1. Review/Tindak V - V V V V V V
2003 Lanjut Hasil Rapat
Sebelumnya
2. Kinerja Perseroan
Oktober 2023
1. Review/Follow up
on the Results of the
Previous Meeting
2. Company Performance
October 2023
29 Desember 1. Review/Tindak V V V V V V V V
| December Lanjut Hasil Rapat
2023 Sebelumnya
2. Kinerja Perseroan
November 2023
1. Review/Follow up
on the Results of the
Previous Meeting
2. Company
Performance
November 2023
SS: Sarman Simanjorang, SSP: Sujit S.Parhar, DD: Dannif Danusaputro, H: Harris, AY: Ahmad Yuniarto, JH: Julfi Hadi, EAB: Eko Agung Bramanty, AYA:
Ahmad Yani, RH: Rachmat Hidajat, NA: Nelwin Aldriansyah.
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Tata Kelola Perusahaan
Good Corporate Governance
Frekuensi dan Kehadiran Dewan Komisaris dan Direksi dalam Rapat Gabungan
Frequency and Attendance of the Board of Commissioners and the Board of Directors at the Joint Meetings
Jumlah
Tingkat
Nama Jabatan Pertemuan Kehadiran
Kehadiran
Names Positions Number of Attendance
Attendance Level
Meetings
Komisaris Utama/Komisaris
Independen
Sarman Simanjorang 15 15 100%
President Commissioner/Independent
Commissioner
Komisaris Independen
Samsul Hidayat* 7 7 100%
Independent Commissioner
Komisaris Independen
Sujit S. Parhar*** 8 7 88%
Independent Commissioner
Komisaris
Iman Hilmansah** 0 0 0
Commissioner
Komisaris
Dannif Danusaputro*** 8 8 100%
Commissioner
Komisaris
Harris 15 15 100%
Commissioner
Direktur Utama
Ahmad Yuniarto* 7 7 100%
President Director
Direktur Utama
Julfi Hadi*** 8 8 100%
President Director
Direktur Operasi
Eko Agung Bramantyo* 7 7 100%
Director of Operations
Direktur Operasi
Ahmad Yani*** 8 8 100%
Director of Operations
Direktur Eksplorasi dan
Pengembangan
Rachmat Hidajat 15 15 100%
Director of Exploration and
Development
Direktur Keuangan
Nelwin Aldriansyah 15 15 100%
Director of Finance
*Tidak lagi menjabat sejak 5 Juni 2023
**Tidak lagi menjabat sejak 19 Januari 2023
***Mulai menjabat sejak 5 Juni 2023
*No longer in office since June 5, 2023
** No longer in office since January 19, 2023
***Served since June 5, 2023
338 elevate Laporan Tahunan 2023 Annual Report
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Tata Kelola Perusahaan
Good Corporate Governance
Pelatihan dan Pengembangan Competence Training and Development
Kompetensi Dewan Komisaris For the Board of Commissioners
Kebijakan terkait pelatihan dan pengembangan The Board Manual outlines policies related to training
kompetensi Dewan Komisaris telah tercantum pada Board and competence development for the Board of
Manual. Program peningkatan kapabilitas merupakan Commissioners. The capacity development program is
salah satu prioritas agar anggota Dewan Komisaris dapat one of the priorities so that members of the Board of
selalu memperbarui informasi tentang perkembangan Commissioners can constantly update information about
terkini dari aktivitas bisnis Perseroan dan pengetahuan- the latest developments in the Company’s business
pengetahuan lain yang terkait dengan pelaksanaan tugas activities and other knowledge related to performing
Dewan Komisaris. Program pelatihan dan pendidikan the Board of Commissioners’ duties. The training and
Dewan Komisaris dipersiapkan oleh Komite Nominasi dan education program for the Board of Commissioners
Remunerasi berkoordinasi dengan fungsi Human Capital. is prepared by the Nomination and Remuneration
Committee in coordination with the Human Capital
function.
Selama tahun 2023, Dewan Komisaris telah mengikuti During 2023, the Board of Commissioners has attended
program pengembangan kompetensi sebagai berikut: the competence development programs as follows:
Pendidikan dan/atau Pelatihan Dewan Komisaris
Education and/or Training Program of the Board of Commissioners
Nama Keterangan Tanggal Lokasi Penyelenggara
Names Description Date Locations Organizers
Sarman Simanjorang Webinar Penolakan Rencana Privatisasi PGE 15 Februari | Pelatihan Indonesian
(Komisaris Utama / dan Anak Usaha Pertamina Terafiliasi February 2023 Daring Resources
Komisaris Independen) Webinar on Resistance to Privatization Plans for Online Training
(President Commissioner/ PGE and Affiliated Pertamina Subsidiaries
Independent Commissioner)
Sosialisasi GCG 20 April 2023 Jakarta MUC Consulting
GCG Dissemination
Pelatihan BUMN GRC Masterclass 2023, 10 Agustus | Pelatihan Bursa Efek
Pre IPO & Post IPO August 2023 Daring Indonesia
The 2023 GRC Masterclass Training for SOEs, Online Training Indonesia Stock
Pre IPO & Post IPO Exchange
Pelatihan BUMN GRC Masterclass 2023, 10 Agustus | Pelatihan Bursa Efek
Pemeringkat dan Penerbitan Efek Bersifat August 2023 Daring Indonesia
Utang & Sukuk (EBUS) Online Training Indonesia Stock
The 2023 GRC Masterclass Training for SOEs, Exchange
Rating and Issuance of Debt Securities and
Sukuk (EBUS)
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Tata Kelola Perusahaan
Good Corporate Governance
Indonesia International Geothermal 20 September Jakarta Direktorat Jenderal
Convention & Exhibition (IIGCE) 2023 Energi Baru
The Indonesia International Geothermal Terbarukan dan
Convention & Exhibition (IIGCE) Konservasi
Energi -
Kementerian
ESDM
Directorate
General of New
Renewable Energy
and Energy
Conservation -
Ministry of EMR
Seminar Raising Capital: A Deep Dive Into 30-31 Oktober Pelatihan Pertamina
Venture Capital Funding | October Daring
Seminar on Raising Capital: A Deep Dive Into 2023 Online Training
Venture Capital Funding
New Zealand Geothermal Workshop 12 November New Zealand The University of
2023 Auckland
Pelatihan Kewajiban Bagi Perusahaan pasca 23 November Denpasar Bursa Efek
Initial Public Offering (IPO) dan Pengembangan 2023 Indonesia
Ekosistem Perdagangan Karbon Indonesia Stock
Training on Obligation of Companies After Exchange
Initial Public Offering (IPO) and Development
of the Carbon Trading Ecosystem
Pelatihan Optimalisasi Peran PGE dalam 23 November Denpasar Bursa Efek
Pengembangan Ekosistem Perdagangan 2023 Indonesia
Karbon Indonesia Stock
Training on Optimization of PGE Roles in Exchange
Developing the Carbon Trading Ecosystem
Pelatihan Penentuan Prioritas dan Penilaian 24 November Denpasar Pertamina
Kelayakan Proyek Geothermal 2023
Training on Priority Determination and
Feasibility Assessment of Geothermal Projects
Pelatihan Penentuan Prioritas dan Penilaian 24 November Denpasar Pertamina
Kelayakan Proyek Geothermal Downstream 2023
Training on Priority Determination and Feasibility
Assessment of Downstream Geothermal Projects
Samsul Hidayat* Webinar Penolakan Rencana Privatisasi PGE 15 Februari | Pelatihan Indonesian
(Komisaris Independen) dan Anak Usaha Pertamina Terafiliasi February 2023 Daring Resources
(Independent Webinar on Resistance to Privatization Plans for Online Training
Commissioner) PGE and Affiliated Pertamina Subsidiaries
Sosialisasi GCG 20 April 2023 Jakarta MUC Consulting
GCG Dissemination
Sujit S. Parhar Indonesia International Geothermal 20 September Jakarta Directorate
(Komisaris Independen) Convention & Exhibition (IIGCE) 2023 General of New
(Independent The Indonesia International Geothermal Renewable Energy
Commissioner) Convention & Exhibition (IIGCE) and Energy
Conservation -
Ministry of EMR
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Tata Kelola Perusahaan
Good Corporate Governance
Dannif Danusaputro Indonesia International Geothermal 20 September Jakarta Directorate
(Komisaris) Convention & Exhibition (IIGCE) 2023 General of New
(Commissioner) The Indonesia International Geothermal Renewable Energy
Convention & Exhibition (IIGCE) and Energy
Conservation -
Ministry of EMR
Pelatihan Kewajiban Bagi Perusahaan 23 November Denpasar Bursa Efek
pasca Initial Public Offering (IPO) dan 2023 Indonesia
Pengembangan Ekosistem Perdagangan Bursa Efek
Karbon Indonesia
Training on Obligation of Companies After Indonesia Stock
Initial Public Offering (IPO) and Development Exchange
of the Carbon Trading Ecosystem
Pelatihan optimalisasi Peran PGE dalam 23 November Denpasar Bursa Efek
Pengembangan Ekosistem Perdagangan 2023 Indonesia
Karbon Indonesia Stock
Training on Optimization of PGE Roles in Exchange
Developing the Carbon Trading Ecosystem
Harris Sosialisasi GCG 20 April 2023 Jakarta MUC Consulting
(Komisaris) GCG Dissemination
(Commissioner)
Indonesia International Geothermal 20 September Jakarta Directorate
Convention & Exhibition (IIGCE) 2023 General of New
The Indonesia International Geothermal Renewable Energy
Convention & Exhibition (IIGCE) and Energy
Conservation -
Ministry of EMR
New Zealand Geothermal Workshop 12 November New Zealand The University of
2023 Auckland
Pelatihan Kewajiban Bagi Perusahaan 23 November Denpasar Bursa Efek
pasca Initial Public Off ering (IPO) dan 2023 Indonesia
Pengembangan Ekosistem Perdagangan Bursa Efek
Karbon Indonesia
Training on Obligation of Companies After Indonesia Stock
Initial Public Offering (IPO) and Development Exchange
of the Carbon Trading Ecosystem
Pelatihan optimalisasi Peran PGE dalam 23 November Denpasar Bursa Efek
Pengembangan Ekosistem Perdagangan 2023 Indonesia
Karbon Indonesia Stock
Training on Optimization of PGE Roles in Exchange
Developing the Carbon Trading Ecosystem
Pelatihan Penentuan Prioritas dan Penilaian 24 November Denpasar Pertamina
Kelayakan Proyek Geothermal 2023
Training on Priority Determination and
Feasibility Assessment of Geothermal Projects
Pelatihan Penentuan Prioritas dan Penilaian 24 November Denpasar Pertamina
Kelayakan Proyek Geothermal Downstream 2023
Training on Priority Determination and Feasibility
Assessment of Downstream Geothermal Project
*Tidak lagi menjabat sejak 5 Juni 2023
*No longer in office since June 5, 2023
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Tata Kelola Perusahaan
Good Corporate Governance
Penilaian Kinerja Dewan Komisaris Performance Assessment of the Board
of Commissioners
Kinerja Dewan Komisaris dievaluasi oleh pemegang Shareholders evaluate the Board of Commissioners’
saham melalui RUPS berdasarkan hasil pencapaian performance through the GMS based on the performance
kinerja di dalam indikator kinerja utama (KPI) dan achievements in the Board of Commissioners’ Key
Rencana Kerja Dewan Komisaris. Performance Indicators (KPI) and Work Plan.
Prosedur Penilaian Kinerja Dewan Performance Assessment Procedures
Komisaris for the Board of Commissioners
1. Dewan Komisaris menetapkan KPI dan Rencana Kerja 1. The Board of Commissioners determines the KPI
Dewan Komisaris sesuai tugas dan kewajiban yang and Work Plan of the Board of Commissioners in
tercantum Board Manual Dewan Komisaris, Anggaran accordance with the duties and obligations stated
Dasar Perseroan, peraturan perundang-undangan in the Board Manual of the Board of Commissioners,
maupun amanat pemegang saham melalui RUPS. the Company’s Articles of Association, laws and
regulations, and shareholder mandates through the
GMS.
2. Dewan Komisaris melakukan penilaian mandiri atas 2. The Board of Commissioners carries out a self-
kinerja masing-masing anggota Dewan Komisaris assessment of the performance of each member
dan Dewan Komisaris sebagai unit kolegial;. of the Board of Commissioners and the Board of
Commissioners as a collegial unit.
3. RUPS menilai kinerja Dewan Komisaris. 3. The GMS assesses the performance of the Board of
Commissioners.
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Tata Kelola Perusahaan
Good Corporate Governance
Penilaian terhadap kinerja Dewan Komisaris secara Assessment of the overall performance of the Board of
keseluruhan, termasuk penilaian terhadap masing- Commissioners, including assessment of each member
masing anggota Dewan Komisaris, merupakan bagian of the Board of Commissioners, is an integral part of
tak terpisahkan dari skema kompensasi dan pemberian the compensation scheme and provision of incentives.
insentif. Hasil evaluasi tersebut juga menjadi dasar The results of this evaluation also serve as the basic
pertimbangan utama bagi pemegang saham dalam considerations for shareholders in determining the
menentukan pemberhentian dan/atau penunjukan dismissal and/or reappointment of the Members of the
kembali anggota Dewan Komisaris yang bersangkutan. Board of Commissioners concerned.
Kriteria Penilaian Kinerja Dewan Performance Assessment Criteria for
Komisaris the Board of Commissioners
Kriteria evaluasi kinerja Dewan Komisaris ditetapkan The performance assessment criteria for the Board
dalam RUPS. Adapun kriteria evaluasi kinerja bagi of Commissioners are determined in the GMS. The
anggota Dewan Komisaris adalah sebagai berikut: performance assessment criteria for members of the
Board of Commissioners are as follows:
1. Tingkat kehadiran dalam Rapat Dewan Komisaris 1. Attendance level at the Board of Commissioners
maupun rapat dengan Komite-Komite yang ada. meetings and meetings with existing committees.
2. Kontribusi dalam proses pengawasan dan pemberian 2. Contribution to the process of monitoring and
nasihat terhadap jajaran manajemen. providing advice to the board of management.
3. Peningkatan kompetensi. 3. Competence improvement.
4. Kunjungan kerja. 4. Working visits.
5. Penilaian tata nilai Dewan Komisaris. 5. Assessment of the values of the Board of
Commissioners.
Pihak yang Melakukan Penilaian Party Conducting Performance
Kinerja Dewan Komisaris Assessment of the Board of
Commissioners
Penilaian kinerja awal dilakukan secara mandiri, The initial performance assessment is carried out
kemudian penilaian akhir dievaluasi oleh pemegang independently; the final assessment is then evaluated by
saham dalam RUPS. shareholders at the GMS.
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Tata Kelola Perusahaan
Good Corporate Governance
Hasil Penilaian Kinerja Dewan Performance Assessment Results of
Komisaris the Board of Commissioners
Sesuai Anggaran Dasar dan Pedoman In accordance with the Articles of Association and
No. A05-002-K20000-2022-S9 tentang Penilaian Manual No. A05-002-K20000-2022-S9 on Performance
Kinerja Direksi, Dewan Komisaris, dan Komite Penunjang Assessment of the Board of Directors, the Board of
Dewan Komisaris di Subholding dan Anak Perusahaan Commissioners, and Supporting Committees of the
(AP) Pertamina, hasil penilaian kinerja Dewan Komisaris Board of Commissioners in Pertamina Subholding and
adalah sebagai berikut: Subsidiaries, the results of the performance assessment of
the Board of Commissioners are as follows:
Kinerja Dewan Komisaris
The Board of Commissioners’ Performance
Penilaian
No SS SSP** DD** H
Assessments
1 Pencapaian KPI anggota Dewan Komisaris 170,61% 116,78% 114,83% 156,00%
KPI Achievements of members of the Board of
Commissioners
2 Tingkatan AKHLAK Behavior (Perilaku Kerja) 4,38 4,17 - 4,38
AKHLAK Behavior (Work Behaviour) Level
3 Komposisi Nilai Kinerja 98,8 96,7 - 98,8
Composition of Performance Values
4 Hasil Predikat Kinerja High High - High
Results of Performance Predicate
*SS: Sarman Simanjorang, SSP: Sujit S. Parhar, DD: Dannif Danusaputro, H: Harris
**Menjabat sejak 5 Juni 2023.
**Served since June 5, 2023.
(Keterangan: Berdasarkan Pedoman A-05 diatur bahwa (Note: Based on Manual A-05, it is regulated that an
pengurus yang merangkap jabatan sebagai pengurus official who holds concurrent positions as other officials
lain di Entitas Group (Subholding atau AP Pertamina) in the same Group Entity (Pertamina Subholding or
yang sama, maka diberlakukan penilaian kinerja tahunan subsidiaries), hence an annual performance assessment
pada jabatan utama di Perusahaan Induk, dengan is applied to the main position in the Parent Company,
demikian penilaian Bapak Dannif Danusaputro dilakukan thus the assessment on Mr. Dannif Danusaputro is carried
berdasarkan posisi beliau sebagai Direktur Utama PT out based on his position as the President Director of PT
Pertamina Power Indonesia) Pertamina Power Indonesia)
344 elevate Laporan Tahunan 2023 Annual Report
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Tata Kelola Perusahaan
Good Corporate Governance
Penilaian Kinerja Komite di Bawah Performance Assessment of Committees
Dewan Komisaris Under the Board of Commissioners
Dalam menjalankan fungsinya, Dewan Komisaris In carrying out its functions, the Board of Commissioners
dibantu oleh Komite di Bawah Dewan Komisaris yang is assisted by Committees under the Board of
kinerjanya ikut berperan di dalam pencapaian KPI Commissioners whose performance plays a role in
Dewan Komisaris. Dewan Komisaris telah membentuk achieving the Board of Commissioners’ KPI. The Board of
3 (tiga) komite yang membantu fungsi pengawasan Commissioners has formed 3 (three) committees to assist
dan pemberian nasihat Dewan Komisaris yaitu: the supervisory and advisory function of the Board of
Commissioners, namely:
1. Komite Audit. 1. Audit Committee.
2. Komite Investasi dan Manajemen Risiko. 2. Investment and Risk Management Committee.
3. Komite Nominasi dan Remunerasi. 3. Nomination and Remuneration Committee.
Penjelasan lebih lengkap terkait Komite di Bawah Dewan Further explanation regarding Committees under the
Komisaris terdapat pada pembahasan sub bab mengenai Board of Commissioners can be found in the discussion of
Komite Audit, Komite Investasi dan Manajemen Risiko, sub-chapters regarding the Audit Committee, Investment
serta Komite dan Nominasi dan Remunerasi di dalam and Risk Management Committee, and Nomination and
bab ini. Remuneration Committee in this chapter.
Prosedur Penilaian Kinerja Komite Performance Assessment Procedures
Dibawah Dewan Komisaris for Committees Under the Board of
Commissioners
Dewan Komisaris memberikan apresiasi atas upaya The Board of Commissioners appreciates the efforts of
Komite di Bawah Dewan Komisaris dalam meningkatkan the Committees under the Board of Commissioners in
efektivitas pelaksanaan tugas dan fungsi Dewan improving the effective implementation of the Board
Komisaris selama tahun 2023. Seluruh komite telah of Commissioners’ duties and functions during 2023.
memberikan kinerja yang baik dan menjunjung standar All committees have delivered good performance and
kompetensi dan kualitas yang tinggi. upheld high competence and quality standards.
Evaluasi terhadap kinerja komite dilakukan secara Evaluation of the committee’s performance is made
berkala sebagai bagian dari Laporan Berkala Dewan periodically as part of the Periodic Report of the Board
Komisaris dengan menggunakan metode yang ditetapkan of Commissioners using the methods determined by the
oleh Dewan Komisaris. Board of Commissioners.
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Komite Audit Audit Committee
Komite Audit bertanggung jawab terhadap pelaksanaan The Audit Committee is responsible for the implementation
pengendalian internal dan pada tahun 2023 telah of internal control and, in 2023, has assisted the Board
membantu Dewan Komisaris mengawasi penerapan of Commissioners in overseeing the implementation of
fungsi audit internal dan eksternal serta memastikan internal and external audit functions, as well as ensuring
kepatuhan terhadap hukum dan peraturan perundang- compliance with applicable laws and regulations and
undangan yang berlaku, serta penerapan GCG. the GCG implementation.
Selama tahun 2023, Komite Audit telah mengadakan In 2023, the Audit Committee has conducted four
rapat internal sebanyak empat kali, rapat gabungan internal meetings, 15 joint meetings of the Board of
Dewan Komisaris dan Direksi sebanyak 15 kali, serta Commissioners and the Board of Directors, as well as
memberikan rekomendasi dalam penentuan auditor provided recommendations in determining the external
eksternal yang mengaudit Laporan Keuangan Perseroan auditor to audit the Company’s 2023 Financial
tahun buku 2023. Statements.
Komite Investasi dan Manajemen Investment and Risk Management
Risiko Committee
Komite Investasi dan Manajemen Risiko telah The Investment and Risk Management Committee has
memberikan rekomendasi kepada Dewan Komisaris provided recommendations to the Board of Commissioners
terkait pelaksanaan manajemen risiko dan tingkat risiko regarding the implementation of risk management and
Perseroan, termasuk juga upaya mitigasi yang seharusnya the Company’s risk level, including the mitigation efforts
dilakukan Perseroan. that the Company should carry out.
Selain itu, Komite Investasi dan Manajemen Risiko juga Furthermore, the Investment and Risk Management
telah melakukan review terhadap langkah investasi yang Committee has also reviewed the Company’s investment
dijalankan Perseroan. Sepanjang tahun 2023, Komite measures. Throughout 2023, the Investment and Risk
Investasi dan Manajemen Risiko telah melakukan rapat Management Committee has held five internal meetings
internal sebanyak lima kali, serta rapat gabungan Dewan and 15 joint meetings of the Board of Commissioners and
Komisaris dan Direksi sebanyak 15 kali. the Board of Directors.
Komite Nomasi dan Remunisasi Nomination and Remuneration
Committee
Komite Nominasi dan Remunerasi telah membantu The Nomination and Remuneration Committee has assisted
Dewan Komisaris dalam menelaah, mengevaluasi, the Board of Commissioners in reviewing, evaluating, and
serta memberikan usulan terkait Talent Management submitting proposals regarding the Talent Management
System. Selain itu, Komite Nominasi dan Remunerasi System. In addition, the Nomination and Remuneration
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Tata Kelola Perusahaan
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juga melakukan evaluasi atas kebijakan remunerasi dan Committee has also evaluated remuneration policies and
evaluasi atas usulan Direksi mengenai struktur organisasi the proposed organizational structure of the Company
Perseroan. from the Board of Directors.
Sepanjang tahun 2023, Komite Nominasi dan Throughout 2023, the Nomination and Remuneration
Remunerasi telah melakukan rapat internal sebanyak Committee has held eight internal meetings and 15 joint
delapan kali, serta rapat gabungan Dewan Komisaris meetings of the Board of Commissioners and the Board
dan Direksi sebanyak 15 kali. of Directors.
Hasil Penilaian Kinerja Komite Performance Assessment Results of
Committees
Penilaian Komite Audit
Audit Committee Assessment
Penilaian
No SS QR BS SH*
Assessments
1 Pencapaian KPI anggota Dewan Komisaris 170,61% 183,83% 169,83% 54,66%
KPI Achievements of members of the Board of
Commissioners
2 Tingkatan AKHLAK Behavior (Perilaku Kerja) 4,38 4,59 4,67 -
AKHLAK Behavior (Work Behavior) Level
3 Komposisi Nilai Kinerja 9,8 100,9 101,7 -
Composition of Performance Values
4 Hasil Predikat Kinerja Tinggi/ High Tinggi/ High Tinggi/ High -
Results of Performance Predicate
SS: Sarman Simanjorang, QR: Qatro Romandhi, BS: Bintang Sarwo Budhi, SH: Samsul Hidayat
*Menjabat sejak 1 Januari - 5 Juni 2023
(Keterangan: hanya terdapat penilaian KPI individual, penilaian ABS dilakukan dalam penilaian kinerja unit kerja yang baru)
SS: Sarman Simanjorang, QR: Qatro Romandhi, BS: Bintang Sarwo Budhi, SH: Samsul Hidayat
*Served since January 1 – June 5, 2023
(Note: There is only an indiviudal KPI assessment, the ABS assessment is carried out in the performance assessment of the new work
unit)
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Penilaian Komite Investasi dan Manajemen Risiko
Assessment of the Investment and Risk Management Committee
Penilaian
No H* DD** SSP** YA
Assessments
1 Pencapaian KPI anggota Dewan Komisaris 135,33% 103,83% 100,17% 171,83%
KPI Achievements of members of the Board of
Commissioners
2 Tingkatan AKHLAK Behavior (Perilaku Kerja) 4,38 - 4,17 4,17
AKHLAK Behavior (Work Behavior) Level
3 Komposisi Nilai Kinerja 98,8 - 96,7 96,7
Composition of Performance Values
4 Hasil Predikat Kinerja Tinggi/ High - Tinggi/ Highh Tinggi/ High
Results of Performance Predicate
H: Harris, DD: Dannif Danusaputro, SSP: Sujit S. Parhar, YA: Yessa Arthur Erriadita , IR: Iya Rusdiana
*Menjabat 1 Januari - 5 Juni 2023
** Menjabat sejak 5 Juni 2023
*Served January 1 – June 5, 2023
** Served since June 5, 2023
(Keterangan: Berdasarkan Pedoman A-05 diatur bahwa (Note: Based on Manual A-05, it is regulated that an official
Pengurus yang merangkap jabatan sebagai pengurus lain di who holds concurrent positions as other officials in the same
Entitas Group (Subholding atau AP Pertamina) yang sama, maka Group Entity (Pertamina Subholding or subsidiaries), hence an
diberlakukan penilaian kinerja tahunan pada jabatan utama di annual performance assessment is applied to the main position
Perusahaan induk, dengan demikian penilaian Bapak Dannif in the Parent Company, thus the assessment on Mr. Dannif
Danusaputro dilakukan berdasarkan posisi beliau sebagai Danusaputro is carried out based on his position as the President
Direktur Utama PT Pertamina Power Indonesia) Director of PT Pertamina Power Indonesia)
Penilaian Komite Nominasi dan Remunerasi
Assessment of the Nomination and Remuneration Committee
Penilaian
No SS* H** DM P
Assessments
1 Pencapaian KPI anggota Dewan Komisaris 136,33% 159,33% 156,67% 144,67%
KPI Achievements of members of the Board of
Commissioners
2 Tingkatan AKHLAK Behavior (Perilaku Kerja) 4,38 4,38 4,59 4,59
AKHLAK Behavior (Work Behavior) Level
3 Komposisi Nilai Kinerja 98,80 98,80 100,90 100,90
Composition of Performance Values
4 Hasil Predikat Kinerja Tinggi/ High Tinggi/ Highh Tinggi/ Highh Tinggi/ High
Results of Performance Predicate
SS: Sarman Simanjorang, H: Harris, DM: David Marito Saragih Turnip, P: Purwitohadi
*Menjabat 1 Januari - 5 Juni 2023
** Menjabat sejak 5 Juni 2023
*Served January 1 – June 5, 2023
** Served since June 5, 2023
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direksi
the board of directors
Direksi adalah organ Perseroan yang bertanggung jawab The Board of Directors is the Company’s organ fully
penuh atas pengelolaan Perseroan untuk kepentingan responsible for managing the Company for the best
terbaik sesuai dengan ketentuan Anggaran Dasar serta interests based on the Articles of Association as well as
maksud dan tujuan Perseroan. Direksi juga berwenang the purpose and objectives of the Company. The Board
mewakili Perseroan di depan umum, termasuk di of Directors is also authorized to represent the Company
pengadilan. in public, including in court.
Komposisi Direksi The Composition of the Board of
Directors
Sesuai dengan Anggaran Dasar Perseroan, Perseroan In accordance with the Company’s Articles of Association,
diurus dan dipimpin oleh Direksi yang terdiri dari The company is managed and led by the Board of
sedikitnya dua orang anggota Direksi, di mana seorang Directors consisting of at least two members of the Board
di antaranya dapat diangkat sebagai Direktur Utama. of Directors, where one of them may be appointed as the
President Director.
RUPST pada 5 Juni 2023 menyetujui perubahan Direksi The AGMS approved changes in the Company’s Board
Perseroan 2023 sehubungan dengan pemberhentian of Directors for 2023 on June 5, 2023, in connection with
Bapak Ahmad Yuniarto dari jabatannya sebagai Direktur the dismissal of Mr. Ahmad Yuniarto from his position as
Utama Perseroan dan Bapak Eko Agung Bramantyo the Company’s President Director and Mr. Eko Agung
dari jabatannya sebagai Direktur Operasi sejak tanggal Bramantyo from his position as the Company’s Director
ditutupnya rapat dengan alasan penyegaran organisasi. of Operations from the closing date of the meeting, on
Keputusan perubahan Direksi tersebut disahkan oleh the ground of organizational invigoration. The resolution
Akta Notaris No. 11 tanggal 8 Juni 2023. to changes in the Board of Directors was ratified by the
Notarial Deed Number 11 dated June 8, 2023.
Dengan demikian, komposisi Direksi per 31 Desember 2023 adalah sebagai berikut:
Therefore, the composition of the Board of Directors as of December 31, 2023 is as follows:
Direktur Utama
1 : Julfi Hadi
President Director
Direktur Operasi
2 : Ahmad Yani
Director of Operations
Direktur Eksplorasi dan Pengembangan
3 : Rachmat Hidajat
Director of Exploration and Development
Direktur Keuangan
4 : Nelwin Aldriansyah
Director of Finance
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Pedoman Kerja Direksi Board Manual of the Board of Directors
Dalam menjalankan peran, tugas, tanggung In carrying out its roles, duties, responsibilities,
jawab dan kewajibannya, Direksi berpegang pada and obligations, the Board of Directors
Board Manual Direksi yang disahkan melalui adheres to the Board Manual of the Board of
Surat Keputusan No.022/DK/PGE/2023-S0 dan Directors, which was ratified through Decree
Nomor Kpts-058/PGE000/2023-S0 tanggal 30 Agustus No. 022/DK/PGE/2023-S0 and No. Kpts-058/
2023 oleh seluruh anggota Direksi dan Dewan Komisaris. PGE000/2023-S0 dated August 30, 2023 by all members
of the Board of Directors and the Board of Commissioners.
Isi dari Board Manual antara lain: The contents of the Board Manual include:
1. Ketentuan umum. 1. General Provisions.
2. Persyaratan Direksi. 2. Requirements for the Board of Directors.
3. Keanggotaan Direksi. 3. Membership of the Board of Directors.
4. Larangan rangkap jabatan. 4. Prohibition of Holding Concurrent Positions.
5. Masa jabatan Direksi. 5. Term of Office of the Board of Directors.
6. Pemberhentian anggota Direksi. 6. Dismissal of members of the Board of Directors.
7. Pengunduran diri anggota Direksi. 7. Resignation of members of the Board of Directors.
8. Keadaan Direksi lowong. 8. Vacancy on the Board of Directors.
9. Pengungkapan kepemilikan saham. 9. Disclosure of Share Ownership.
10. Program orientasi dan peningkatan kapabilitas. 10. Orientation and Capacity Building Programs.
11. Independensi Direksi. 11. Independence of the Board of Directors.
12. Etika jabatan Direksi. 12. Position Ethics of the Board of Directors.
13. Tugas, kewajiban, dan kewenangan Direksi. 13. Duties, obligations, and authorities of the Board of
Directors.
14. Pembagian tugas Direksi. 14. Division of duties of the Board of Directors.
15. Hak Direksi. 15. Rights of the Board of Directors.
16. Pendelegasian wewenang di antara anggota Direksi. 16. Delegation of authorities among members of the
Board of Directors.
17. Rapat Direksi. 17. Meetings of the Board of Directors.
18. Organ pendukung Direksi. 18. Supporting organs of the Board of Directors.
19. Hubungan dengan Anak Perusahaan dan 19. Relationship with Subsidiaries and Affiliates.
Perusahaan Afiliasi.
20. Kinerja Direksi. 20. Performance of the Board of Directors.
21. Pertanggungjawaban Direksi. 21. Accountability of the Board of Directors.
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Tugas dan Tanggung Jawab Direksi Duties and Responsibilities of the
Board of Directors
Tugas dan tanggung jawab Direksi secara kolegial Duties and responsibilities of the Board
berdasarkan Board Manual diuraikan sebagai berikut: of Directors collegially based on the
Board Manual are described as follows:
1. Menjalankan segala tindakan yang berkaitan 1. Carry out all actions related to the management of
dengan pengurusan Perseroan untuk kepentingan the Company for the interests of the Company and
Perseroan dan sesuai dengan maksud dan tujuan in accordance with the purpose and objectives of
Perseroan. the Company.
2. Mewakili Perseroan baik di dalam maupun di luar 2. Represent the Company, both inside and outside
pengadilan tentang segala hal dan segala kejadian the court, regarding all matters and all events with
dengan pembatasan-pembatasan sebagaimana limitations as stipulated in the laws and regulations,
diatur dalam peraturan perundang-undangan, the Articles of Association, and/or GMS resolutions.
Anggaran Dasar, dan/atau Keputusan RUPS.
3. Mencurahkan tenaga, pikiran, perhatian dan 3. Devote total energy, thoughts, attention, and
pengabdiannya secara penuh pada tugas, dedication to the duties, obligations, and
kewajiban, dan pencapaian tujuan Perseroan. achievement of the Company’s objectives.
4. Menyiapkan Rencana Jangka Panjang Perusahaan 4. Prepare the Company’s Long Term Plan (RJPP), which
(RJPP) yang merupakan rencana strategis yang is a strategic plan outlining the targets and objectives
memuat sasaran dan tujuan Perseroan yang hendak of the Company to be achieved within a five-year
dicapai dalam jangka waktu lima tahun, yang telah period that has been jointly signed by the Board of
ditandatangani bersama dengan Dewan Komisaris Commissioners and submitted to the GMS for approval.
disampaikan kepada RUPS untuk mendapatkan
pengesahan.
5. Menyiapkan rancangan Rencana Kerja dan 5. Prepare a draft of the Company’s Work Plan and
Anggaran Perusahaan (RKAP) yang merupakan Budget (RKAP), which is the annual elaboration of the
penjabaran tahunan dari RJPP dan selanjutnya RJPP, and then submitted to the GMS for approval.
disampaikan kepada RUPS untuk mendapatkan
pengesahan.
6. Mengadakan dan memelihara pembukuan dan 6. To make and keep the Company’s accounting and
administrasi Perseroan sesuai kelaziman yang administration according to generally accepted
berlaku bagi suatu Perseroan. principles in a Company.
7. Dalam waktu lima bulan setelah tahun buku 7. Within five months after the closing of the Company’s
Perseroan ditutup, menyampaikan Laporan Tahunan financial year, submit the Annual Report that has
yang telah ditandatangani oleh Direksi dan Dewan been signed by the Board of Directors and the Board
Komisaris kepada RUPS untuk mendapatkan of Commissioners to the GMS for approval.
pengesahan.
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8. Menyusun sistem akuntansi sesuai dengan Standar 8. Develop an accounting system in accordance with
Akuntansi Keuangan dan berdasarkan prinsip-prinsip the Generally Accepted Accounting Principles and
pengendalian internal, terutama fungsi pengurusan, based on the principles of internal control, especially
pencatatan, penyimpanan, dan pengawasan. the functions of management, recording, storing, and
supervision.
9. Memberikan pertanggungjawaban dan segala 9. Provide accountability and all information regarding
keterangan tentang keadaan jalannya Perseroan the condition of the Company’s operations in
berupa Laporan Kegiatan Perseroan, termasuk the form of Company Activity Reports, including
Laporan Keuangan, baik dalam bentuk laporan Financial Reports, both in the form of periodic reports
berkala menurut cara dan waktu yang ditentukan according to the method and time specified in these
dalam Anggaran Dasar ini serta setiap kali diminta Articles of Association and whenever requested by
oleh RUPS. the GMS.
10. Menyiapkan dan menetapkan susunan organisasi 10. Prepare and determine the organizational structure
Perseroan lengkap dengan perincian dan tugasnya. of the Company, complete with details and duties.
11. Memberikan penjelasan tentang segala hal yang 11. Provide an explanation of all matters stated or
dinyatakan atau diminta anggota Dewan Komisaris. requested by members of the Board of Commissioners.
12. Menjalankan kewajiban-kewajiban lainnya sesuai 13. Carry out other obligations in accordance with
dengan ketentuan-ketentuan yang diatur dalam the provisions stipulated in these Articles of
Anggaran Dasar dan yang ditetapkan oleh RUPS Association and those determined by the GMS
berdasarkan peraturan perundang-undangan yang based on applicable laws and regulations.
berlaku.
13. Selaras dan sesuai dengan kebijakan dan peraturan 13. In line with and in accordance with PT Pertamina
PT Pertamina Power Indonesia, selama PT Pertamina Power Indonesia’s policies and regulations, so
Power Indonesia masih menjadi pemegang saham long as PT Pertamina Power Indonesia remains the
mayoritas Perseroan dan selama kebijakan dan majority shareholder of the Company and so long as
peraturan tersebut tidak bertentangan dengan these policies and regulations do not conflict with the
ketentuan Anggaran Dasar Perseroan. provisions of the Company’s Articles of Association.
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Wewenang Direksi Authority of the Board of Directors
Dalam menjalankan tugas, Direksi berwenang untuk: In carrying out duties, the Board of Directors is authorized
to:
1. Menetapkan kebijakan dalam memimpin pengurusan 1. Establish policies in leading the management of the
Perseroan. Company.
2. Mengatur ketentuan-ketentuan tentang kepegawaian 2. Regulate provisions regarding the Company’s
Perseroan termasuk pembinaan pegawai, penetapan employment, including employee development,
upah dan penghasilan lain, pesangon dan/atau determination of wages and other income, severance
penghargaan atas pengabdian serta manfaat pay and/or awards for dedication, as well as
pensiun bagi para pegawai Perseroan berdasarkan retirement benefits for the Company’s employees
peraturan perundang-undangan yang berlaku dan/ based on applicable laws and regulations and/or
atau keputusan RUPS. GMS resolutions.
3. Mengangkat dan memberhentikan pegawai 3. Appoint and dismiss the Company’s employees
Perseroan berdasarkan peraturan kepegawaian dan based on employment regulations and applicable
peraturan perundang-undangan yang berlaku. laws and regulations.
4. Mengatur penyerahan kekuasaan Direksi untuk 4. Arrange for the transfer of power of the Board of
mewakili Perseroan di dalam dan di luar pengadilan Directors to represent the Company inside and
kepada seorang atau beberapa orang anggota outside the court to one or several members of
Direksi yang khusus ditunjuk untuk hal tersebut atau the Board of Directors appointed specifically for
kepada seorang atau beberapa orang pekerja this purpose or to one or several employees of the
Perseroan baik sendiri-sendiri maupun bersama-sama Company, either individually and collectively, or to
atau kepada pihak lain. other parties.
5. Mengangkat dan memberhentikan Sekretaris 5. Appoint and dismiss the Corporate Secretary
Perusahaan berdasarkan aturan dan ketentuan yang based on applicable laws and regulations.
berlaku.
6. Menjalankan tindakan-tindakan lainnya baik 6. Carry out other actions both regarding management
mengenai pengurusan maupun mengenai pemilikan and ownership of the Company’s assets, in
kekayaan Perseroan, sesuai dengan ketentuan- accordance with the provisions stipulated in the
ketentuan yang diatur dalam Anggaran Dasar dan Articles of Association and stipulated by GMS
yang ditetapkan oleh RUPS berdasarkan peraturan based on applicable laws and regulations.
perundang- undangan yang berlaku.
Wewenang kolegial Direksi antara lain: The collegial authorities of the Board of Directors include:
1. Menetapkan visi, misi dan strategi Perseroan. 1. Determine the vision, mission, and strategy of the
Company.
2. Menetapkan kebijakan Perseroan yang berlaku 2. Establish the Company policies that apply as a
secara korporasi termasuk Anak Perusahaan. corporation, including Subsidiaries.
3. Mengatur ketentuan-ketentuan tentang kepegawaian 3. Regulate provisions regarding the Company’s
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Perseroan termasuk pembinaan pegawai, penetapan employment, including employee development,
upah dan penghasilan lain, pesangon dan/atau determination of wages and other income, severance
penghargaan atas pengabdian serta manfaat pay and/or awards for dedication, as well as
pensiun bagi para pekerja Perseroan berdasarkan retirement benefits for the Company’s employees
peraturan perundang-undangan yang berlaku dan/ based on applicable laws and regulations and/or
atau keputusan RUPS. GMS resolutions.
4. Mengangkat dan memberhentikan pegawai 4. Appoint and dismiss the Company’s employees
Perseroan berdasarkan peraturan kepegawaian dan based on employment regulations and applicable
peraturan perundang-undangan yang berlaku. laws and regulations.
5. Mengangkat dan memberhentikan Sekretaris 5. Appoint and dismiss the Corporate Secretary
Perusahaan berdasarkan aturan dan ketentuan yang based on applicable laws and regulations.
berlaku.
6. Menjalankan tindakan-tindakan lainnya baik 6. Carry out other actions both regarding management
mengenai pengurusan maupun pemilikan kekayaan and ownership of the Company’s assets, in
Perseroan, sesuai dengan ketentuan-ketentuan yang accordance with the provisions stipulated in the
diatur dalam Anggaran Dasar dan yang ditetapkan Articles of Association and stipulated by GMS
oleh RUPS berdasarkan peraturan perundang- based on applicable laws and regulations.
undangan yang berlaku.
7. Menyusun sasaran kinerja dan evaluasi kinerja 7. Set performance targets and evaluate the Company’s
Perseroan sesuai ketentuan yang berlaku. performance in accordance with applicable
regulations.
8. Mengupayakan tercapainya sasaran kinerja 8. Endeavor to achieve the Company’s performance
Perseroan yang meliputi antara lain indikator aspek targets, which include, among other indicators
keuangan, aspek operasional dan aspek administrasi of financial aspects, operational aspects, and
yang digunakan sebagai dasar penilaian tingkat administrative aspects, which are used as the basis for
kesehatan Perseroan sesuai dengan kinerja yang assessing the Company’s health level in accordance
telah ditetapkan dalam RUPS terkait Persetujuan with the performance that has been determined in
Rencana Kerja dan Anggaran Perseroan; the GMS regarding Approval of the Company’s
Work Plan and Budget.
9. Menetapkan pejabat Perseroan sampai jenjang 9. Assign the Company’s officials up to a certain level,
tertentu yang diatur melalui ketetapan Direksi. which is regulated by a decision of the Board of
Directors
10. Sepanjang tidak ditetapkan oleh RUPS, Direksi 10. So long as it is not determined by the GMS, the
dapat menetapkan pembagian tugas dan wewenang Board of Directors may determine the distribution of
di antara Direksi dalam suatu keputusan Direksi, duties and authorities among the Board of Directors
tanpa membatasi tugas, wewenang, dan tanggung in a decision without limiting the duties, authorities,
jawab sebagai anggota Direksi sesuai ketentuan and responsibilities of members of the Board of
yang tercantum dalam Anggaran Dasar, guna Directors in accordance with the provisions stated in
menjalankan tugas pokok sebagai anggota. the Articles of Association in order to carry out their
main duties as members.
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Pembagian Tugas Direksi
Division of Duties of the Board of Directors
DIREKTUR UTAMA
PRESIDENT DIRECTOR
1. Memberikan arahan dan mengendalikan visi, misi, strategi, serta kebijakan Perseroan.
2. Memimpin para anggota Direksi dalam melaksanakan keputusan Direksi.
3. Menyelenggarakan dan memimpin rapat Direksi secara periodik sesuai ketetapan Direksi atau rapat-rapat lain apabila
dipandang perlu sesuai usulan Direksi.
4. Menentukan keputusan yang diambil dalam rapat Direksi, apabila terdapat jumlah suara yang setuju dan tidak setuju sama
banyaknya.
5. Menunjuk salah seorang Direktur untuk memimpin rapat Direksi, apabila berhalangan hadir.
6. Mengesahkan semua Surat Keputusan Direksi dan/atau Direktur Utama sesuai dengan jenis keputusan yang diatur dalam
Anggaran Dasar atau ketetapan lainnya, atas nama Direksi.
7. Mewakili Perseroan di dalam maupun di luar pengadilan dan/atau dapat menunjuk anggota Direksi lain, pekerja atau pihak
lain untuk mewakili Perseroan di dalam dan di luar Pengadilan, termasuk mewakili Perseroan sebagai pemegang saham pada
entitas Anak Perusahaan, perusahaan patungan dan/atau badan usaha lainnya, atas nama Direksi.
8. Memimpin dan mendorong terlaksananya pembentukan budaya Perseroan, peningkatan citra dan GCG.
9. Memimpin dan mengkoordinasikan fungsi-fungsi langsung yang berada di bawah Direktur Utama, antara lain Sekretaris
Perusahaan, Internal Audit, dan lain-lain dalam mencapai sasaran kinerja Perseroan yang telah ditetapkan.
10. Memberikan informasi kepada pemangku kepentingan terhadap keputusan Direksi yang memberi dampak besar kepada publik
baik yang berkaitan dengan keputusan bisnis, aspek legal, ataupun isu-isu tentang Perseroan yang berkembang di masyarakat.
11. Melimpahkan sebagian tugas dan wewenangnya kepada Direksi lainnya sesuai dengan tugas dan wewenang masing-masing
Direksi tersebut.
12. Memiliki wewenang untuk melakukan korespondensi dengan pihak eksternal yang terkait tugas dan tanggung jawab Direktur
Utama.
1. Provide directions and control the Company's vision, mission, strategy, as well as policies.
2. Lead the members of the Board of Directors in implementing the decisions of the Board of Directors.
3. Organize and chair Board of Directors meetings periodically in accordance with the decisions of the Board of Directors or other
meetings if deemed necessary according to the recommendations of the Board of Directors.
4. Determine the decisions taken at the Board of Directors meetings if there are an equal number of votes agreeing and disagreeing.
5. Appoint one of the Directors to chair the Board of Directors meetings if unable to attend.
6. Ratify all Decress of the Board of Directors and/or the President Director in accordance with the types of decisions regulated in the
Articles of Association or other stipulations on behalf of the Board of Directors.
7. Represent the Company inside and outside the court and/or may appoint other members of the Board of Directors, employees,
or other parties to represent the Company inside and outside the Court, including representing the Company as shareholders in
Subsidiaries, joint ventures, and/or others business entities, on behalf of the Board of Directors.
8. Lead and encourage the implementation of the formation of the Company's culture, improve the image and GCG.
9. Lead and coordinate the functions directly under the President Director, including Corporate Secretary, Internal Audit, and others,
in achieving the Company's predetermined performance targets.
10. Providing information to stakeholders regarding the decisions of the Board of Directors that have a major impact on the public,
whether related to business decisions, legal aspects, or issues concerning the Company that are developing in society.
11. Delegate some of the duties and authorities to other Board of Directors in accordance with the respective duties and authorities of
each member of the Board of Directors.
12. Has the authority to carry out correspondence with external parties related to the duties and responsibilities of the President
Director.
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Tata Kelola Perusahaan
Good Corporate Governance
DIREKTUR EKSPLORASI DAN PENGEMBANGAN
DIRECTOR OF EXPLORATION AND DEVELOPMENT
1. Mengkaji kelayakan bisnis baru sesuai rencana bisnis dan kebijakan pertumbuhan usaha Perseroan.
2. Memimpin dan mengendalikan seluruh kegiatan proyek yang bersifat growth (proyek baru, proyek perluasan, dan proyek
penyiapan area baru).
3. Melakukan evaluasi segenap kegiatan pengembangan bisnis berbasis risk management dan menjaga hubungan baik dengan
pihak pelanggan untuk memastikan lingkup dan persyaratan kontrak yang menguntungkan bagi Perseroan.
4. Memimpin dan mengendalikan segenap kegiatan survei geokimia, geologi, dan geofisika.
5. Mengkoordinasikan penyusunan Rencana Kerja dan Anggaran (RKA) dan Rencana Jangka Panjang (RJP) Perseroan serta
melakukan evaluasi perencanaan secara berkala.
6. Memimpin dan mengendalikan pengelolaan sumber daya yang berada dalam tanggung jawab Direktorat Eksplorasi dan
Pengembangan.
7. Melakukan perencanaan, pelaksanaan dan pengendalian proyek untuk memastikan bahwa tujuan proyek, antara lain terkait
safety, on time, on budget, on specification, dan on return dapat tercapai.
8. Melaporkan secara berkala segenap kemajuan kegiatan kepada Direktur Utama.
9. Melakukan sinergi, kerja sama yang kuat, dan saling mendukung dalam aktivitas bisnis dan operasional Perseroan sehari-hari
dengan direktorat lain.
10. Mewakili Perseroan di dalam maupun di luar Pengadilan dan/atau dapat menunjuk anggota Direksi lain, pekerja atau pihak lain
untuk mewakili Perseroan di dalam dan di luar pengadilan.
11. Memiliki wewenang untuk melakukan korespondensi dengan pihak eksternal yang terkait tugas dan tanggung jawab Direktur
Eksplorasi dan Pengembangan.
1. Review the feasibility of new businesses according to the Company's business plan and business growth policies.
2. Lead and control all growth project activities (new projects, expansion projects, and new area preparation projects).
3. Evaluate all business development activities based on risk management and maintain good relationships with customers to ensure
the scope and terms of contracts are profitable for the Company.
4. Lead and control all geochemical, geological, and geophysical survey activities.
5. Coordinate the preparation of the Company's Work Plan and Budget (RKA) and Long Term Plan (RJP) as well as carry out
periodical planning evaluations.
6. Lead and control the management of resources under the responsibility of the Directorate of Exploration and Development.
7. Carry out project planning, implementation, and control to ensure that project objectives, including safety, on time, on budget, on
specification, and on return, can be achieved.
8. Report all progress of activities on a regular basis to the President Director.
9. Create synergy, strong cooperation, and mutual support in the Company's daily business and operational activities with other
directorates.
10. Represent the Company inside and outside the Court and/or may ap.oint other members of the Board of Directors, employees, or
other parties to represent the Company inside and outside the court
11. Has the authority to correspond with external parties regarding the duties and responsibilities of the Director of Exploration and
Development.
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Tata Kelola Perusahaan
Good Corporate Governance
DIREKTUR OPERASI
DIRECTOR OF OPERATIONS
1. Mengarahkan dan mengevaluasi segenap kegiatan yang berkaitan dengan operasi produksi.
2. Merencanakan dan mengevaluasi keandalan saran serta fasilitas operasi dan fasilitas pendukung.
3. Mengembangkan standar engineering untuk segenap kegiatan operasi di area.
4. Merencanakan, mengarahkan, dan mengevaluasi segenap kegiatan yang berkaitan dengan pengendalian kinerja pengeboran
sumur make up, utilisasi, dan pengoperasian power plant.
5. Memimpin dan mengendalikan seluruh kegiatan utilisasi dan pembangkitan.
6. Mengarahkan dan mengevaluasi kegiatan kemitraan bisnis.
7. Mengendalikan segenap kinerja kegiatan kemitraan bisnis operasional dalam aspek finansial dan non finansial.
8. Menetapkan mekanisme pengendalian segenap risiko operasional dan mengawasi status penanganan.
9. Melaporkan secara berkala segenap kemajuan kegiatan kepada Direktur Utama.
10. Melakukan sinergi, kerja sama yang kuat dan saling mendukung dalam aktivitas bisnis dan operasional Perseroan sehari-hari.
11. Berwenang mewakili Perseroan di dalam maupun di luar pengadilan dan/atau dapat menunjuk anggota Direksi lain, pekerja
atau pihak lain untuk mewakili Perseroan di dalam dan di luar pengadilan.
12. Berwenang melakukan korespondensi dengan pihak eksternal yang terkait.
1. Direct and evaluate all activities related to production operations.
2. Plan and evaluate the reliability of advice and operating facilities and support facilities.
3. Develop engineering standards for all operational activities in the area.
4. Plan, direct, and evaluate all activities related to controlling the performance of make-up well drilling, utilization, and operation
of power plants.
5. Lead and control all utilization and generation activities.
6. Direct and evaluate business partnership activities.
7. Controlling all performance of operational business partnership activities in financial and non-financial aspects.
8. Establish a mechanism to control all operational risks and monitor the status of handling.
9. Report all progress of activities on a regular basis to the President Director.
10. Create synergy, strong cooperation, and mutual support in the Company’s daily business and operational activities.
11. Authority to represent the Company inside and outside the court and/or may appoint other members of the Board of Directors,
employees, or other parties to represent the Company inside and outside the court.
12. Authority to correspond with relevant external parties in carrying out its duties and authorities.
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Tata Kelola Perusahaan
Good Corporate Governance
DIREKTUR KEUANGAN
DIRECTOR OF FINANCE
1. Merencanakan, mengelola, dan mengontrol keuangan Perseroan agar berfungsi maksimal dalam mendukung aktivitas bisnis dan
operasional Perseroan yang berlandasan pada prinsip pengelolaan keuangan yang berbasis pada risk management.
2. Melakukan koordinasi dengan Direktorat Keuangan Perseroan dalam hal penerimaan dan pengeluaran keuangan serta investasi
Perseroan.
3. Melaporkan secara berkala status pengendalian keuangan Perseroan kepada Direktur Utama.
4. Melakukan sinergi, kerja sama yang kuat dan saling mendukung dalam aktivitas bisnis dan operasional Perseroan sehari-hari
dengan Direktorat lain.
5. Mewakili Perseroan di dalam maupun di luar pengadilan dan/atau dapat menunjuk anggota Direksi lain, pekerja atau pihak lain
untuk mewakili Perseroan di dalam dan di luar pengadilan.
6. Memiliki wewenang untuk melakukan korespondensi dengan pihak eksternal yang terkait tugas dan tanggung jawab Direktur
Keuangan.
1. Plan, manage, and control the Company’s finances so that it functions optimally in supporting the Company’s business and
operational activities, adhering to the principles of financial management based on risk management.
2. Coordinate with the Company’s Finance Directorate in terms of receipts and disbursements of the Company’s finances and
investments.
3. Report the status of the Company’s financial control on a regular basis to the President Director.
4. Create synergy, strong cooperation, and mutual support in the Company’s daily business and operational activities with other
Directorates.
5. Represent the Company inside and outside the court and/or may appoint other members of the Board of Directors, employees, or
other parties to represent the Company inside and outside the court.
6. Has the authority to carry out correspondence with external parties related to the duties and responsibilities of the Director of
Finance.
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Tata Kelola Perusahaan
Good Corporate Governance
Pelaksanaan Tugas Direksi Implementation of Duties of the Board
of Directors
Sepanjang tahun 2023, dalam rangka melakukan Throughout 2023, in carrying out the management of
pengelolaan Perseroan yang ditetapkan dalam the Company as stipulated in the Company’s Articles
Anggaran Dasar Perseroan, Rencana Kerja serta of Association, Work Plan, as well as applicable laws
peraturan perundang-undangan yang berlaku, secara and regulations, in general, the Board of Directors also
umum, Direksi juga melaksanakan tugas dan tanggung carries out the following duties and responsibilities:
jawab sebagai berikut:
- Penyusunan dan penetapan rencana bisnis atas - Preparation and determination of business plans for
inisiatif penambahan kapasitas terpasang. initiatives to increase installed capacity.
- Penyusunan kajian atas strategi pertumbuhan - Preparation of studies on inorganic growth strategies,
anorganik baik domestik maupun internasional. both domestic and international.
- Perumusan strategi percepatan aktivitas turn around/ - Formulation of strategies to accelerate turnaround/
maintenance Pembangkit Listrik Tenaga Panas Bumi maintenance activities for Geothermal Power Plants
(PLTP) sebagai upaya optimasi produksi. (PLTP) in an effort to optimize production.
- Implementasi Asset Integrity Management dan - Implementation of Asset Integrity Management and
Reliability Management untuk meningkatkan Reliability Management to increase Availability
Availability factor dan Meminimalkan Outage rate. factors and minimize Outage rates.
- Perumusan kajian program kerja berbasis - Formulation of studies on Environmental, Social, and
Environmental, Social dan Governance (ESG). Governance (ESG) based work programs.
- Implementasi strategi keuangan cost optimization. - Implementation of financial strategies for cost
optimization.
- Memastikan sustainability reservoir management - Ensure the sustainability of reservoir management
strategic partnership dalam pengembangan proyek strategic partnerships in project development and
dan keikutsertaan lelang Wilayah Kerja Panas Bumi participation in Geothermal Work Area (WKP)
(WKP). auctions.
- Melakukan upaya financial hedging untuk memitigasi - Carry out financial hedging efforts to mitigate
fluktuasi kurs. exchange rate fluctuations.
- Memastikan seluruh aktivitas kerja di seluruh WKP - Ensure that all work activities throughout the
Perseroan sudah sesuai dengan Kebijakan Kesehatan, Company’s WKP are in accordance with the Health,
Keselamatan Kerja, Keamanan dan Lingkungan atau Safety, Security, and Environment (HSSE) Policy.
Health, Safety Security and Environment (HSSE).
- Pelaksanaan tugas lainnya terkait pengurusan - Carry out other duties related to the management of
Perseroan. the Company.
Keputusan yang telah dikeluarkan oleh Decisions issued by the PGE Board of Directors during
Direksi PGE selama tahun 2023 antara lain: 2023 include:
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Tata Kelola Perusahaan
Good Corporate Governance
Tanggal Perihal
Date Subject
Yudisium rekrutmen alih status PWT menjadi PWTT
1 Januari | January 2023 Judiciary of PWT (Non-Tenured Employees) to PWTT (Tenured Employees)
status transfer recruitment
Pemberhentian anggota Dewan Komisaris
13 Januari | January 2023
Dismissal of members of the Board of Directors
Usulan penetapan Price Range IPO PGE
19 Januari | January 2023
Proposal of the determination of the PGE IPO Price Range
Pengangkatan pekerja waktu tidak tertentu
24 Januari | January 2023
Appointment of Tenured Employees
Pengajuan pinjaman luar negeri long term loan
26 Januari | January 2023
Application for long-term foreign loans
Pengajuan rencana pengadaan turbine rotor set PLTP Unit 4
27 Januari | January 2023
Submission of plans to procure turbine rotor sets for PLTP Unit 4
Pengelolaan dana proceed IPO PGE
27 Januari | January 2023
Management of PGE IPO proceeds
Usulan penyampaian Non Binding Offering (NBO) Proyek Sirius
27 Januari | January 2023
Proposal of Sirius Project Non Binding Offering (NBO) Submission
Partisipasi proses tender bidding Wilayah Kerja Panas Bumi Way Rantai dengan Mitra Strategis
30 Januari | January 2023 Participation in the tender bidding process for the Way Ratai Geothermal Working Area with
Strategic Partners
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Tata Kelola Perusahaan
Good Corporate Governance
Interim Agreement tentang pemberian diskon harga jual beli uap KMJ Unit 1, 2, 3 tahun 2023
31 Januari | January 2023 Interim Agreement regarding the provision of discounts on the stream sale and purchase price
generated from KMJ Units 1, 2, 3 in 2023
Pelaksanaan kegiatan tahap eksplorasi pada anak perusahaan dan perusahaan patungan
28 Februari | February 2023
Implementation of exploration phase activities in subsidiaries and joint ventures
Penetapan ketentuan promosi jabatan dan penyesuaian upah
1 Februari | February 2023
Determination of provisions for promotions and wage adjustments
Final Price IPO PGE
11 Februari | February 2023
PGE IPO Final Price
Penyampaian Non Binding Offering (NBO) Proyek Sirius
13 Februari | February 2023
Submission of Sirius Project Non Binding Offering (NBO)
Pengadaan KRP PGE
13 Februari | February 2023
Procurement of PGE KRP (Policy, Plan, and Program)
Rapat Dewan Mutu TW IV QM
23 Februari | February 2023
Quality Council Meeting of TW IV QM
Top risk korporasi I unschedule shutdown dan dispatching pada Sistem PLTP
23 Februari | February 2023
Top corporate risk I unscheduled shutdown and dispatching of the PLTP system
Perubahan peningkatan modal ditempatkan disetor
17 Maret | March 2023
Changes in increase in paid-in issued capital
Tunjangan Hari Raya
30 Maret | March 2023
Religious Holiday Allowance
Basic salary pekerja perbantuan
3 April 2023
Basic salary for secondee employees
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Tata Kelola Perusahaan
Good Corporate Governance
Transaksi afiliasi berupa penandatangan perjanjian perdagangan karbon LHD Unit 5&6 antara
PGE dengan PT PPI
10 April 2023
Affiliate transaction in the form of signing an LHD Unit 5&6 carbon trading agreement between PGE
and PT PPI
Pengajuan perubahan rencana pengeboran make up well di Area Karaha Bodas
12 April 2023
Submission of changes to the make up well drilling plan in the Karaha Bodas Area
Komite Manajemen Risiko
13 April 2023
Risk Management Committee
Refinancing bridging loan melalui penerbitan Green Bonds
13 April 2023
Refinancing bridging loans through the issuance of Green Bonds
Kewajiban pendanaan PSL pekerja direct hire PGE
13 April 2023
PSL funding obligations for PGE direct hire employees
Izin meninggalkan pekerjaan tanpa upah
14 April 2023
Permission to leave work unpaid
Panjar insentif ke dua tahun 2022
14 April 2023
Second incentive advance in 2022
Penyesuaian upah dan tata kelola Tenaga Ahli Data (TAD) PGE 2023
2 Mei | May 2023
Adjustments of wages and governance for PGE Data Experts (TAD) 2023
Pengaturan BS pekerja perbantuan PGE
11 Mei | May 2023
BS arrangements for PGE secondee employees
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Tata Kelola Perusahaan
Good Corporate Governance
Penetapan model proses bisnis PGE
15 Mei | May 2023
Determination of the PGE business process model
Top risk korporasi Area PGE
15 Mei | May 2023
Top corporate risk of PGE Area
Pengaturan komponen upah bagi pekerja perbantuan
17 Mei | May 2023
Arrangement of wage components for secondee employees
Pemberhentian dan pengangkatan Sekretaris Perusahaan
19 Mei | May 2023
Dismissal and appointment of the Corporate Secretary
Insentif
29 Mei | May 2023
Incentive
Persetujuan usulan RUPS
30 Mei | May 2023
Approval of the GMS
Pedoman etika usaha dan tata perilaku COC PGE
31 Mei | May 2023
The code of business ethics and the code of conduct of PGE COC
Persetujuan perubahan pengurus Perseroan
5 Juni | June 2023
Approval of changes to the Company’s management
Program MESOP
5 Juni | June 2023
MESOP Programs
Persetujuan perubahan Anggaran Dasar Perseroan
5 Juni | June 2023
Approval of changes to the Company’s Articles of Association
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Tata Kelola Perusahaan
Good Corporate Governance
Pemberlakuan Board Manual dan Tata kelola Perusahaan PGE
13 Juli | July 2023
Enforcement of PGE’s Board Manual and Corporate Governance
Salary increase MSIG
13 Juli | July 2023
Salary increase for MSIG
Insentif dan bonus
18 Juli | July 2023
Incentives and bonuses
Penyesuaian upah salary increase tahun 2023
20 Juli | July 2023
Wage adjustments to salary increase in 2023
24 Juli | July 2023 RKMR Q2 2023
24 Juli | July 2023 LMB
Persetujuan Kandidat Pengurus PT PGE KTB
9 Agustus | August 2023
Approval of PT PGE KT Management Candidates
16 Agustus | August 2023 Sirius
RUPS persetujuan kandidat pengurus
28 Agustus | August 2023
GMS approval of management candidates
Pelimpahan wewenang dan tanggung jawab Direksi PGE
29 Agustus | August 2023
Delegation of authorities and responsibilities to the PGE Board of Directors
Pedoman etika usaha dan tata perilaku dan Board Manual PGE
30 Agustus |August 2023
The code of business ethics and the code of conduct and PGE Board Manual
Yudisium rekrutmen alih status PWT menjadi PWTT
4 September 2023 Inauguration of LMB PWT (Non-Tenured Employees) to PWTT (Tenured Employees) status transfer
recruitment
Penetapan Komite Keberlanjutan PGE
8 September 2023
Establishment of the PGE Sustainability Committee
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Tata Kelola Perusahaan
Good Corporate Governance
Pembentukan Perusahaan Patungan / Joint Venture WKP Way Ratai dan Persetujuan Perjanjian
Penempatan dana Komitmen Eksplorasi
29 September 2023
Formation of Joint Venture Company / Joint Venture WKP Way Ratai and Approval of Exploration
Commitment Fund Placement Agreement.
Perubahan Tata waktu dan Anggaran Pengeboran Sumur TLG Area Karaha dan KMJ
29 September 2023
Changes to the Schedule and Budget of Well Drilling in TLG Area Karaha and KMJ
Pengusulan Perwakilan Perusahaan Pada JV Way Ratai
29 September 2023
Nomination of Company Representatives for JV Way Ratai
Pengangkatan pekerja waktu tidak tentu
9 Oktober | October 2023
Appointment of Tenured Employees
20 Oktober | October 2023 RRD Seulawah
Pengajuan rencana reaktivasi sibayak 25 MW PGE
23 Oktober | October 2023
Submission of reactivation plan of PGE Sibayak 25 MW
Usulan penyampaian Non Binding Offer (NBO) Proyek Gala
27 Oktober | October 2023
Proposal for Gala Project Non Binding Offer (NBO) Submission
7 November 2023 LMB
Top risk korporasi area
21 November 2023
Pemutusan hubungan kerja (Purna Karya)
23- November 2023
Termination of employment (retirement)
Panjar insentif I 2023
28 November 2023
Incentive Advance I in 2023
Tindak lanjut Mid Year Annual Resource Meeting (ARM)
4 Desember | December 2023
Follow-up to the Mid Year Annual Resource Meeting (ARM)
21 Desember | December 2023 NBO Gala
Penetapan sistem kerja Area Ulubelu
22 Desember | December 2023
Determination of the Ulubelu Area work system
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Tata Kelola Perusahaan
Good Corporate Governance
Masa Jabatan dan Kriteria Anggota Term of Office and Criteria for Members
Direksi of the Board of Directors
Masa jabatan anggota Direksi ditetapkan tiga tahun dan The term of office for members of the Board of Directors is
dapat diangkat kembali untuk 1 satu kali masa jabatan. set at three years and may be appointed for one term of
Persyaratan yang harus dipenuhi oleh calon anggota office. The requirements that must be met by candidates
Direksi meliputi: for members of the Board of Directors namely:
1. Syarat umum meliputi: 1. General requirements, including:
a. Mempunyai akhlak, moral, dan integritas yang a. Have good character, morals, and integrity.
baik.
b. Cakap melakukan perbuatan hukum. b. Capable of performing legal actions.
c. Dalam 5 (lima) tahun sebelum pengangkatan c. Within 5 (five) years before the appointment
dan selama menjabat: and during the tenure:
1) Tidak pernah dinyatakan pailit. 1) Never declare bankruptcy.
2) Tidak pernah menjadi anggota Direksi 2) Have never been a member of the Board
dan/atau anggota Dewan Komisaris of Directors and/or a member of the Board
yang dinyatakan bersalah menyebabkan of Commissioners who was found guilty
suatu perusahaan dinyatakan pailit. of causing a company to be declared
bankrupt.
3) Tidak pernah dihukum karena melakukan 3) Have never been convicted for committing
tindak pidana yang merugikan keuangan criminal acts that are detrimental to state
negara dan/atau yang berkaitan dengan finances and/or related to the financial
sektor keuangan. sector.
4) Tidak pernah menjadi anggota Direksi 4) Have never been a member of the Board of
dan/atau Dewan Komisaris yang selama Directors and/or a member of the Board of
menjabat: Commissioners who, during the tenure:
• Pernah tidak menyelenggarakan RUPS. • Have at least once not held GMS.
• Pertanggungjawabannya sebagai • Accountability as a member of the
anggota Direksi dan/atau Dewan Board of Directors and/or a member
Komisaris pernah tidak diterima of the Board of Commissioners has
oleh RUPS atau tidak pernah ever been not accepted by the GMS
memberikan pertanggungjawaban or has never provided accountability
sebagai anggota Direksi dan/atau as a member of the Board of Directors
Dewan Komisaris kepada RUPS. and/or a member of the Board of
Commissioners to GMS.
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Tata Kelola Perusahaan
Good Corporate Governance
• Pernah menyebabkan perusahaan • Have caused a company obtaining a
yang memperoleh izin, persetujuan, permit, approval, or registration from
atau pendaftaran dari OJK tidak the FSA not to fulfill the obligation
memenuhi kewajiban menyampaikan to submit an Annual Report and/
Laporan Tahunan dan/atau Laporan or Financial Statements to the FSA.
Keuangan kepada OJK.
• Memiliki komitmen untuk mematuhi • Have a commitment to complying
peraturan perundang-undangan; with laws and regulations, and have
dan memiliki pengetahuan dan/atau knowledge and/or expertise in the
keahlian di bidang yang dibutuhkan field required by the Company.
Perseroan.
2. Syarat lain meliputi: 2. Other requirements, including:
a. Tidak memiliki hubungan keluarga sampai a. Have no family relationship up to the third
derajat ketiga, baik menurut garis lurus maupun degree, either vertical or horizontal line,
garis ke samping, termasuk hubungan semenda including marital relationship (children-in-law or
(menantu atau ipar) dengan anggota Dewan sibling-in-law) with other members of the Board
Komisaris dan/atau anggota Direksi lainnya. of Commissioners and/or members of the Board
of Directors.
b. Bukan pengurus partai politik dan/atau b. Not political party officials and/or members of
anggota legislatif. the legislative.
c. Tidak sedang menduduki jabatan sebagai c. Not currently serving a position as a member
anggota Direksi pada Badan Usaha Milik of the Board of Directors in a State-Owned
Negara, Badan Usaha Milik Daerah, Badan Enterprise, Regional-Owned Enterprise, Private-
Usaha Milik Swasta dan jabatan lain yang Owned Enterprise, and other positions that
dapat menimbulkan benturan kepentingan, may create a conflict of interest, as well as not
serta tidak sedang menduduki jabatan struktural currently serving other structural and functional
dan fungsional lainnya pada instansi/lembaga positions in the central and/or regional
pemerintah pusat dan/atau daerah. government agencies/institutions.
d. Tidak sedang menduduki jabatan lainnya sesuai d. Not currently serving another position in
dengan ketentuan dalam peraturan perundang- accordance with the provisions of the laws and
undangan atau jabatan lainnya yang dapat regulations or any other position that may create
menimbulkan benturan kepentingan secara a direct or indirect conflict of interest with the
langsung atau tidak langsung dengan Perseroan Company in accordance with the provisions
sesuai dengan ketentuan peraturan perundang- of the applicable laws and regulations.
undangan yang berlaku.
elevate Laporan Tahunan 2023 Annual Report 367
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Tata Kelola Perusahaan
Good Corporate Governance
Orientasi Direktur Baru Induction Program for New Members
of the Board of Directors
Sama halnya dengan Dewan Komisaris, anggota Similar to the Board of Commissioners, new members of
Direksi baru juga mendapatkan program orientasi/ the Board of Directors also receive an induction program
pengenalan saat awal pengangkatan. Topik yang at the initial appointment. The topics covered in the
disampaikan mencakup gambaran mengenai Perseroan program include an overview of the Company (objectives,
(tujuan, sifat, dan lingkup kegiatan, kinerja keuangan nature, and scope of activities, financial and operational
dan operasi, strategi, rencana usaha jangka pendek performance, strategies, short-term and long-term business
dan jangka panjang, posisi kompetitif, risiko, serta plans, competitive position, risks, and other strategic
masalah-masalah strategis lainnya, pelaksanaan prinsip- issues, implementation of GCG principles, explanation
prinsip GCG, penjelasan tugas dan kewenangan yang related to delegated duties and authorities, as well as an
didelegasikan, serta penjelasan tata laksana hubungan explanation of the governance of relationship with other
dengan organ Perseroan lainnya termasuk mengenai organs of the Company, including technical matters and
teknis dan waktu pelaksanaan. Secara khusus Direktur time implementation. In particular, the new Director will
baru juga akan mendapatkan informasi tambahan terkait also receive additional information regarding geothermal
pengembangan panas bumi Indonesia dan Perseroan, development in Indonesia and the Company, including
termasuk tantangan serta harapan Perseroan ke depan. the Company's future challenges and expectations.
Program Orientasi yang diberikan dapat berupa The provided orientation program can be in the form
presentasi, pertemuan atau kunjungan ke fasilitas of presentations, meetings, or visits to the Company's
Perseroan, perkenalan dengan jajaran Perseroan dan/ facilities, introductions to the ranks of the Company and/
atau jajaran manajemen di Perseroan, serta program or the ranks of management in the Company, as well as
lainnya sesuai kebutuhan anggota Direksi yang other programs tailored to the needs of the concerned
bersangkutan dan tetap mengedepankan akuntabilitas members of the Board of Directors while still prioritizing
dan efisiensi biaya. Pelaksanaan program orientasi accountability and cost efficiency. The implementation
selambat-lambatnya 90 (sembilan puluh) hari kalender of the induction program is no later than 90 (ninety)
setelah RUPS memutuskan pengangkatan anggota calendar days after the GMS decides on the appointment
Direksi yang baru. of new members of the Board of Directors.
Pada 2023, Perseroan mengangkat dua anggota Direksi In 2023, the Company appointed two new members of
baru yaitu Bapak Julfi Hadi dan Bapak Ahmad Yani yang the Board of Directors, namely Mr. Julfi Hadi and Mr.
telah mengikuti program orientasi pada 12 Juni 2023. Ahmad Yani, who attended the induction program on
June 12, 2023.
368 elevate Laporan Tahunan 2023 Annual Report
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Tata Kelola Perusahaan
Good Corporate Governance
Prosedur Pengangkatan dan Procedures for Appointment and
Pemberhentian/Pengunduran Diri Dismissal/Resignation of the Board of
Direksi Directors
Pengangkatan dan pemberhentian atau pengunduran diri The appointment and dismissal or resignation of the
Direksi dilakukan berdasarkan persetujuan pemegang Board of Directors is carried out based on the approval of
saham melalui RUPS. Hal ini telah sesuai dengan shareholders through the GMS. This is in accordance with
Anggaran Dasar Perseroan, Peraturan Menteri BUMN the Company’s Articles of Association, Minister of SOEs
No.PER-03/MBU/03/2023 tentang Organ dan Sumber Regulation No. PER-03/MBU/03/2023 on Organs and
Daya Manusia Badan Usaha Milik Negara, serta Human Resources of State-Owned Enterprises, as well
Peraturan OJK No. 33/POJK.04/2014 tentang Direksi as FSA Regulation Number 33/POJK.04/2014 on the
dan Dewan Komisaris Emiten atau Perusahaan Publik. Board of Directors and the Board of Commissioners of
Issuers or Public Companies.
Mekanisme pemberhentian Direksi adalah sebagai The mechanism for the dismissal of the Board of Directors
berikut: is as follows:
1. Anggota Direksi sewaktu-waktu dapat diberhentikan 1. Members of the Board of Directors may be dismissed
berdasarkan keputusan RUPS dengan menyebutkan at any time based on the resolutions of the GMS by
alasannya. stating the reasons.
2. Anggota Direksi yang berhenti sebelum maupun 2. Members of the Board of Directors who resign before
pada saat masa jabatan berakhir, kecuali berhenti or at the end of their term of office, unless they
karena meninggal dunia, maka yang bersangkutan resign due to passed away, the person concerned
tetap bertanggung jawab atas tindakan-tindakan can still be held accountable for actions for which
yang belum diterima pertanggungjawabannya oleh the GMS has not accepted the accountability.
RUPS.
3. Anggota Direksi dapat diberhentikan untuk 3. Members of the Board of Directors may be temporarily
sementara waktu oleh Dewan Komisaris apabila dismissed by the Board of Commissioners if they act
mereka bertindak bertentangan dengan Anggaran contrary to the Company’s Articles of Association,
Dasar Perseroan atau terdapat indikasi melakukan or if there are any indications of causing losses to
kerugian bagi Perseroan atau melalaikan the Company or neglecting their obligations, or if
kewajibannya atau terdapat alasan mendesak bagi there are urgent reasons for the Company, taking
Perseroan, dengan memperhatikan ketentuan pada into account the provisions in the Board Manual.
Board Manual.
Prosedur pengangkatan Direksi dijelaskan pada bagian The procedures for appointing the Board of Directors
Nominasi dan Remunerasi Dewan Komisaris dan Direksi are explained in the section on Nomination and
pada bab ini. Remuneration for the Board of Commissioners and the
Board of Directors in this chapter.
elevate Laporan Tahunan 2023 Annual Report 369
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Tata Kelola Perusahaan
Good Corporate Governance
Kebijakan Rangkap Jabatan Direksi Concurrent Position Policy of the Board
of Directors
Sesuai ketentuan yang tercantum dalam Akta Perubahan In accordance with the provisions outlined in the Deed
Anggaran Dasar Perseroan No. 12 tanggal 8 Juni of Amendment of the Company’s Articles of Association
2023, Pasal 14 Ayat 17 dan Board Manual, anggota Number 12 dated June 8, 2023, Section 14 paragraph
Direksi dilarang memangku jabatan rangkap sebagai: 17 and the Board Manual, members of the Board of
Directors are prohibited from holding concurrent positions
as:
● Anggota Direksi pada Badan Usaha Milik Negara, ● Member of the Board of Directors in State-Owned
Badan Usaha Milik Daerah, Badan Usaha Milik Enterprises, Regional-Owned Enterprises, Private-
Swasta dan jabatan lain yang dapat menimbulkan Owned Enterprises, and other positions that may
benturan kepentingan. create a conflict of interest.
● Pengurus partai politik atau anggota legislatif. ● Political party officials or members of the legislative.
● Jabatan struktural dan fungsional lainnya pada ● Other structural and functional positions in central
instansi/lembaga pemerintah pusat dan atau and/or regional government agencies/institutions.
daerah.
● Jabatan lainnya sesuai dengan peraturan perundang- ● Other positions in accordance with laws and
undangan. regulations.
Rangkap jabatan yang dipegang oleh Direksi Perseroan The concurrent position held by the Company’s Board of
pada tahun 2023 telah sesuai dengan Anggaran Directors in 2023 complies with the Company’s Articles
Dasar Perseroan dan tidak melanggar POJK No. 33/ of Association and does not violate FSA Regulation
POJK.04/2014 tentang Direksi dan Dewan Komisaris No. 33/POJK.04/2014 on the Board of Directors and
Perusahaan Publik. Rangkap jabatan diungkapkan pada the Board of Commissioners of Public Companies. The
bagian Profil Direksi dalam Laporan Tahunan ini. concurrent position is disclosed in the Profile of the Board
of Directors section in this Annual Report.
370 elevate Laporan Tahunan 2023 Annual Report
Page 371
Tata Kelola Perusahaan
Good Corporate Governance
Pengelolaan Benturan Kepentingan Management of Conflicts of Interest of
Direksi the Board of Directors
Sama halnya yang berlaku pada Dewan Komisaris, Similar to things that apply to the Board of Commissioners,
Direksi juga wajib mengelola potensi benturan the Board of Directors is also obliged to manage
kepentingan melalui: potential conflicts of interest through:
• Sebisa mungkin menghindari terjadinya benturan • Avoid conflicts of interest as much as possible.
kepentingan.
• Tidak memanfaatkan jabatan untuk kepentingan • Do not take advantage of the position for personal
pribadi atau untuk kepentingan orang atau pihak lain interests or for the interests of other people or parties
yang bertentangan dengan kepentingan Perseroan. that conflict with the interests of the Company.
• Mengisi Daftar Khusus yang berisikan kepemilikan • Fill in the Special Register containing their and/or
sahamnya dan/atau keluarganya pada perusahaan their family’s share ownership in other companies.
lain;
• Mengisi Deklarasi Benturan Kepentingan yang • Fill out a Conflict of Interest Declaration, which is a
merupakan pernyataan dari anggota Direksi statement from a member of the Board of Directors
bahwa yang bersangkutan tidak memiliki benturan that the person concerned has no conflicts of interest.
kepentingan.
• Apabila terjadi benturan kepentingan, maka harus • If a conflict of interest occurs, it must be
diungkapkan, dan Direktur yang bersangkutan tidak disclosed, and the Director concerned must
boleh melibatkan diri dalam proses pengambilan not involve themselves in the Company’s
keputusan Perseroan yang berkaitan dengan kasus decision-making process relating to the case.
tersebut.
• Apabila benturan kepentingan dan/atau terjadinya • If the conflict of interest and/or the occurrence of
perkara tersebut menyangkut seluruh Direktur, maka the case concerns all Directors, the Company will
Perseroan akan diwakili oleh seluruh anggota be represented by all members of the Board of
Dewan Komisaris dengan memperhatikan peraturan Commissioners with due observance of applicable
perundang-undangan yang berlaku. laws and regulations.
Sepanjang tahun 2023 tidak terdapat Throughout 2023, there were no situations related to
kondisi terkait benturan kepentingan yang conflicts of interest involving members of the Company’s
melibatkan anggota Direksi Perseroan. Board of Directors.
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Tata Kelola Perusahaan
Good Corporate Governance
Kebijakan Pengungkapan Kepemilikan Share Ownership Disclosure Policy by
Saham oleh Direksi the Board of Directors
Anggota Direksi wajib melakukan pelaporan atas The members of the Board of Directors are obliged to
transaksi saham serta perubahan kepemilikan saham report share transactions and changes in ownership of
Perseroan kepada Sekretaris Perusahaan, untuk kemudian the Company’s shares to the Corporate Secretary, for
dilaporkan kepada BEI dan OJK dalam waktu 3 (tiga) then to be submitted to the IDX and the FSA within 3
hari kalender sejak transaksi saham. (three) calendar days from the share transaction.
Informasi mengenai kepemilikan saham Perseroan Information regarding the Company's share ownership
Direksi (langsung maupun tidak langsung) disajikan of the Board of Directors (directly and indirectly) is
pada bab Profil Perusahaan dalam Laporan Tahunan ini. presented in the Company Profile chapter of this Annual
Report.
Kebijakan dan Pelaksanaan Rapat Policies and Implementation of
Direksi Meetings of the Board of Directors
Berdasarkan Anggaran Dasar dan ketentuan POJK Based on the Articles of Association and provisions of
No. 33/POJK.04/2014 tentang Dewan Komisaris the FSA Regulation Number 33/POJK.04/2014 on the
dan Direksi Emiten atau Perusahaan Publik, rapat Board of Commissioners and the Board of Directors of
Direksi dapat diselenggarakan setiap waktu apabila Issuers or Public Companies, the Board of Directors’s
dipandang perlu berdasarkan permintaan seorang meeting can be held at any time if deemed necessary
atau lebih anggota Direksi, permintaan tertulis Dewan based on the request of one or more members of the
Komisaris atau permintaan tertulis dari pemegang Board of Directors, a written request from the Board of
saham yang memiliki jumlah saham terbesar dengan Commissioners or a written request from the shareholder
menyebutkan hal-hal yang akan dibicarakan. who has the majority shares by mentioning the matters to
be discussed.
Direksi PGE mengadakan rapat minimal 1 (satu) bulan The PGE Board of Directors holds meetings at least once
sekali untuk membahas mengenai hal-hal strategis, a month to discuss strategic and operational matters or
operasional atau rapat yang bersifat wacana. Panggilan discursive meetings. Invitations for the Board of Directors
rapat Direksi disampaikan secara tertulis kepada setiap meeting are submitted in writing to each member of the
anggota Direksi dalam jangka waktu paling lambat Board of Directors no later than 3 (three) days before the
3 (tiga) hari sebelum rapat diadakan. Rapat Direksi meeting is held. Meetings of the Board of Directors are
diadakan di tempat kedudukan Perseroan atau di tempat held at the domicile of the Company, or at the Company's
kegiatan usaha Perseroan, atau di tempat lain di wilayah place of business activities, or at other places within the
Republik Indonesia yang ditetapkan oleh Direksi. territory of the Republic of Indonesia determined by the
Board of Directors.
Rapat Direksi dapat juga dilakukan secara virtual dengan Meetings of the Board of Directors can also be held
menggunakan sarana telepon konferensi atau sistem virtually using teleconference facilities or other similar
komunikasi lain sejenis di mana para anggota Direksi communication systems where the members of the Board
yang berpartisipasi dalam rapat tersebut dapat saling of Directors participating in the meeting can communicate
372 elevate Laporan Tahunan 2023 Annual Report
Page 373
Tata Kelola Perusahaan
Good Corporate Governance
berkomunikasi. Bentuk partisipasi tersebut dianggap with each other. This form of participation is considered as
kehadiran secara langsung dalam rapat. being present in person at the meeting.
Rapat Direksi adalah sah dan berhak mengambil The meeting of the Board of Directors is valid and has
keputusan yang mengikat apabila dihadiri oleh lebih the right to make binding decisions if attended by more
dari setengah atau ½ (satu per dua) jumlah anggota than half or ½ (one-half) of the number of members of
Direksi atau wakilnya yang sah. Dalam mata acara lain- the Board of Directors or their legal representatives. In
lain, rapat Direksi tidak berhak mengambil keputusan other agenda items, the Board of Directors meeting is not
kecuali semua anggota Direksi atau wakilnya yang sah entitled to make decisions unless all members of the Board
hadir dan menyetujui penambahan mata acara rapat. of Directors or their legal representatives are present and
approve of the addition of the meeting agenda.
Semua keputusan dalam rapat Direksi diambil dengan All decisions at the Board of Directors meetings are
musyawarah untuk mufakat. Apabila pengambilan taken by amicable deliberations. If decision-making by
keputusan secara mufakat tidak dapat dilaksanakan, consensus cannot be implemented, then the decision is
maka keputusan diambil dengan suara terbanyak. taken by majority vote. If the number of dissenting and
Apabila jumlah suara yang setuju dan yang tidak consenting votes is equal, then the Chair of the Meeting
setuju sama banyaknya, maka Pimpinan Rapat yang will make the decision while still paying attention to the
menentukan dengan tetap memperhatikan ketentuan provisions regarding the accountability of the Board
mengenai pertanggungjawaban Direksi sebagaimana of Directors as stipulated in the Company's Articles of
diatur dalam Anggaran Dasar Perseroan. Association.
Pemungutan suara mengenai diri orang dilakukan dengan Voting regarding individuals is carried out by means of
surat suara tertutup tanpa tanda tangan sedangkan closed ballots without a signature while voting regarding
pemungutan suara mengenai hal-hal lain dilakukan other matters is carried out orally unless the Chair of the
secara lisan, kecuali Pimpinan Rapat menentukan lain Meeting determines otherwise without any objection from
tanpa ada keberatan dari yang hadir. Sepanjang tahun those present. Throughout 2023, the Board of Directors
2023 Direksi telah mengadakan rapat sebanyak 43 kali held 43 meetings with the following details:
dengan perincian sebagai berikut:
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Tata Kelola Perusahaan
Good Corporate Governance
Agenda, Tanggal, dan Peserta Rapat Direksi
Agendas, Date, and Participants of the Board of Directors’ Meetings
Peserta Rapat
Meeting Participants
Tanggal Agenda
Date Agendas
AY JH* EAB AYA* RH NA
1 Januari | Yudisium Rekrutmen Alih Status PWT V V V V
January 2023 Menjadi PWTT
Inauguration of PWT (Non-Tenured
Employees) to PWTT (Tenured Employees)
status transfer recruitment
26 Januari | Pengajuan Pinjaman Luar Negeri V V V V
January 2023 (Long Term Loan)
Application for long-term foreign loans
27 Januari | Pengajuan Rencana Pengadaan Turbine V V V V
January 2023 Rotor Set PLTP Unit 4
Submission of plans to procure turbine rotor
sets for PLTP Unit 4
Usulan Penetapan Price Range IPO PGE V V V V
Proposal of the determination of the PGE IPO
Price Range
Pengelolaan Dana Proceed IPO PGE V V V V
Management of PGE IPO Proceeds
Partisipasi Proses Tender Bidding Wilayah V V V V
Kerja Panas Bumi dengan Mitra Strategis
Participation in the tender bidding process
for the Way Chain Geothermal Working
Area with Strategic Partners
Usulan Penyampaian Non Binding Offering V V V V
(NBO) Proyek Pertumbuhan Anorganik
Proposal for Inorganic Growth Project Non
Binding Offering (NBO) Submission
31 Januari | Interim Agreement Pemberian Diskon Harga V V V V
January 2023 Jual Beli Uap KMJ Unit 1, 2, dan 3 2023
Interim Agreement regarding the provision
of discounts on the stream sale and purchase
price generated from KMJ Units 1, 2, 3 in
2023
1 Februari | Ketentuan Promosi Jabatan dan Penyesuaian V V V V
February 2023 Upah
Provisions for promotions and wage
adjustments
11 Februari | Final Price IPO PGE V V V V
February 2023 PGE IPO Final Price
374 elevate Laporan Tahunan 2023 Annual Report
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Tata Kelola Perusahaan
Good Corporate Governance
13 Februari | Penyampaian Non-Binding Offering (NBO) V V V V
February 2023 Proyek Pertumbuhan Anorganik
Submission of Inorganic Growth Project Non
Binding Offering (NBO)
Pengadaan Kendaraan Ringan Penumpang V - - V
PGE
Procurement of PGE Light Passenger Vehicles
23 Februari | Rapat Dewan Mutu TW IV QM V V - V
February 2023 Quality Council Meeting of TW IV QM
Top Risk Korporasi I Unschedule Shutdown V V - V
dan Dispatching pada Sistem PLTP
Top corporate risk I unscheduled shutdown
and dispatching of the PLTP system
29 Maret | Tunjangan Hari Raya V V V V
March 2023 Religious Holiday Allowance
10 April 2003 Transaksi Afiliasi Berupa Penandatanganan V V V V
Perjanjian Perdagangan Karbon Proyek
Lahendong Unit 5&6
Affiliate transaction in the form of signing an
LHD Unit 5&6 carbon trading agreement
between PGE and PT PPI
12 April 2003 Kewajiban Pendanaan PSL Pekerja Direct V V V V
Hire PGE
PSL funding obligations for PGE direct hire
employees
Pengajuan Perubahan Rencana Pengeboran V V V V
Make Up Well di Area Karaha Bodas
Submission of changes to the make-up well
drilling plan in the Karaha Bodas Area
13 April 2003 Refinancing Bridge Loan Melalui Penerbitan V V V V
Green Bonds atau penarikan Green Loan
Refinancing bridging loans through the
issuance of Green Bonds
11 Mei | May Pengaturan Salary Pekerja Perbantuan PGE V V V V
2023 Wage arrangements for PGE secondee
employees
12 Mei | May Upah Tenaga Alih Daya V V v V
2023 Wages for Outsourced Employees
15 Mei | May Top Risk Korporasi Area PGE V V - V
2023 Top corporate risk of PGE Area
19 Mei | May Pemberhentian dan Pengangkatan Sekretaris V V v V
2023 Perusahaan
Dismissal and appointment of the Corporate
Secretary
30 Mei | May Persetujuan Usulan RUPST tahun buku 2022 V V v V
2023 Approval of the GMS – CORSEC proposals
5 Juni | June Program MESOP V V V V
2023 MESOP Programs
13 Juli | July Salary Increase tahun 2023 V V V V
2023 Salary increase in 2023
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Tata Kelola Perusahaan
Good Corporate Governance
24 Juli | July Top Risk Korporasi TW 2 V V V V
2023 TW 2 Top Corporate Risk
Pengembangan Proyek Pertumbuhan V V V V
Anorganik
Inorganic Growth Project Development
16 Agustus | Pengembangan Proyek Pertumbuhan V V V V
August 2023 Anorganik
Inorganic Growth Project Development
28 Agustus | Pengembangan Unit 2 Area Lumut Balai V V V V
August 2023 Unit 2 Development of Lumut Balai Area
9 Agustus | Pengembangan Proyek Kotamobagu V V V V
August 2023 Kotamobagu Project Development
4 September Yudisium Rekrutmen Alih Status PWT menjadi V V V V
2023 PWTT
Inauguration of PWT (Non-Tenured
Employees) to PWTT (Tenured Employees)
status transfer recruitment
25 September Pembentukan Perusahaan Patungan/ Joint V V V V
2023 Venture WKP Way Ratai dan Persetujuan
Perjanjian Penempatan Dana Komitmen
Eksplorasi
Formation of the WKP Way Ratai Joint
Venture Company and Approval of the Fund
Placement Agreement on the Exploration
Commitment
29 September Perubahan Tata Waktu dan Anggaran V V V V
2023 Pengeboran Sumur TLG Area Karaha dan
Kamojang
Changes in Timing and Budget for TLG Well
Drilling in the Karaha and Kamojang Areas
Pengusulan Perwakilan Perseroan pada JV V V V V
Way Ratai
Proposal for the Company’s Representatives
for the JV Way Ratai
20 Oktober | Pengusulan Pejabat PT Geothermal Energy V V V V
October 2023 Seulawah
Proposal for PT Geothermal Energy
Seulawah Officials
23 Oktober | Pengajuan Rencana Reaktivasi Sibayak 25 V V V V
October 2023 MW PGE
Submission of reactivation plan of PGE
Sibayak 25 MW
27 Oktober | Usulan Penyampaian Non-Binding Offer V V V V
October 2023 (NBO) Proyek Pertumbuhan Anorganik
Proposal for Inorganic Growth Project Non
Binding Offering (NBO) Submission
Pembahasan Master List dan Pembayaran V V V V
Proyek EPCC Lumut Balai
Discussion of the Master List and Payment for
the Lumut Balai EPCC Project
29 November Top Risk Korporasi Area V V - -
2023 Top Risk Corporate Area
4 Desember| Tindak Lanjut Mid-Year Annual Resource V V V V
December Meeting (ARM)
2023 Follow-up on the Mid-Year Annual Resource
Meeting (ARM)
376 elevate Laporan Tahunan 2023 Annual Report
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Tata Kelola Perusahaan
Good Corporate Governance
22 Desember| Penyampaian Non-Binding Offering (NBO) V V V V
December Proyek Pertumbuhan Anorganik
2023 Submission of Inorganic Growth Project Non-
Binding Offering (NBO)
22 Desember| Penyesuaian Sistem Kerja Area Ulubelu V V V V
December Adjustments of Ulubelu Area Work System
2023
AY: Ahmad Yuniarto, JH: Julfi Hadi, EAB: Eko Agung Bramanty, AYA: Ahmad Yani, RH: Rachmat Hidajat, NA: Nelwin Aldriansyah
Frekuensi dan Kehadiran Direksi dalam Rapat Direksi
Frequency and Attendance of the Board of Directors at the Board of Directors Meetings
Jumlah
Tingkat
Nama Jabatan Pertemuan Kehadiran
Kehadiran
Names Positions Number of Attendance
Attendance Level
Meetings
Ahmad Yuniarto* Direktur Utama
24 24 100%
President Director
Julfi Hadi** Direktur Utama
19 19 100%
President Director
Eko Agung Bramantyo* Direktur Operasi
24 23 96%
Director of Operations
Ahmad Yani** Direktur Operasi
19 19 100%
Director of Operations
Rachmat Hidajat Direktur Eksplorasi dan Pengembangan
43 38 88%
Director of Exploration and Development
Nelwin Direktur Keuangan
43 42 98%
Director of Finance
*Tidak lagi menjabat sejak 5 Juni 2023
**Mulai menjabat sejak 5 Juni 2023
*No longer in office since June 5, 2023
**Served since June 5, 2023
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Tata Kelola Perusahaan
Good Corporate Governance
Perjalanan Dinas Official Work Travel
Selama tahun 2023, Direktur Perseroan melakukan During 2023, the Company’s Board of Directors undertook
perjalanan dinas untuk mendukung pengelolaan official work travels to support the management of the
Perseroan dengan perincian sebagai berikut: Company with the following details:
Kota/Negara
Tanggal Rute Tipe Tujuan Perihal Nama/Jabatan
No.
Date Type of Travel City/Country of Subject Name/Position
Destination
1 11 - 12 April 2023 PDDN Manado Safari Ramadan Area Lahendong Rachmat Hidajat/
Domestic Official Travel Lahendong Area Safari Ramadan Tour Direktur Eksplorasi &
Pengembangan
Director of Exploration
& Development
2 4 April 2023 PDDN Bandung BOD BOC Meeting Kinerja Perseroan Seluruh Direksi PGE
Domestic Official Travel Maret 2023 All PGE Board of
BOD BOC Meeting on Company Directors
Performance March 2023
3 9 - 15 Mei | May PDLN Budapest Pendampingan Kunjungan Kerja Luar Rachmat Hidajat/
2023 Overseas Official Travel Negeri Komisi VII DPR RI Direktur Eksplorasi &
Assistance for Overseas Working Visits Pengembangan
of Commission VII DPR RI Director of Exploration
& Development
4 11 - 12 Juni | June PDDN Tasikmalaya Management Walkthrough Subholding Rachmat Hidajat/
2023 Domestic Official Travel (SH) PNRE ke Area Karaha Direktur Eksplorasi &
PNRE Subholding (SH) Management Pengembangan
Walkthrough to the Karaha Area Director of Exploration
& Development
5 12 - 23 Juni | June PDLN Singapore- Non Deal Roadshow PGEO Nelwin Aldriansyah/
2023 Overseas Official Travel Hongkong- PGEO Non Deal Roadshow Direktur Keuangan
London Director of Finance
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6 12 - 13 Juni | June PDDN Manado Pelepasliaran Yaki CSR Area Ahmad Yani/
2023 Domestic Official Travel Lahendong Direktur Operasi
Release of Yaki Monkey through CSR Director of Operations
Program in Lahendong Area
7 23 - 24 Juni | June PDDN Tasikmalaya Pengembangan Area Karaha Ahmad Yani/
2023 Domestic Official Travel Karaha Area Development Direktur Operasi
Director of Operations
8 27 - 28 Juni | June PDLN Singapore Konferensi BNP Paribas Global ESG Nelwin Aldriansyah/
2023 Overseas Official Travel Corporate Access Direktur Keuangan
BNP Paribas Global ESG Corporate Director of Finance
Access Conference
9 4 - 5 Juli | July PDDN Garut Investor Day - Site Visit Area Kamojang 1. Ahmad Yani/
2023 Domestic Official Travel Investor Day - Site Visit to Kamojang Direktur Operasi
Area Director of Operations
2. Nelwin Aldriansyah/
Direktur Keuangan
Director of Finance
10 11 - 13 Juli | July PDLN Singapore Konferensi Solving Sustainable 2023 - Nelwin Aldriansyah/
2023 Overseas Official Travel ESG Conference Barclays Direktur Keuangan
Solving Sustainable Conference 2023 - Director of Finance
ESG Conference Barclays
11 17 - 18 Juli | July PDDN Bandung Kunjungan Kerja Reses Komisi VI DPR RI Ahmad Yani/
2023 Domestic Official Travel ke Provinsi Jawa Barat Direktur Operasi
Recess Working Visit of Commission VII Director of Operations
DPR RI to West Java Province
12 19 - 21 Juli | July PDDN Bandung Pengembangan Kerjasama Proyek PLTP Rachmat Hidajat/
2023 Domestic Official Travel Hululais Unit 1&2 dan Proyek PLTP Direktur Eksplorasi &
Co-generation antara PT Perusahan Pengembangan
Listrik Negara (Persero) dan PGE. Director of Exploration
Development of Collaboration on the & Development
Hululais Unit 1&2 PLTP Project and the
Co-generation PLTP Project between the
State Electricity Company (Persero) and
PGE.
13 28 - 30 Juli | July PDDN Bali Joint Committee Meeting Area Ahmad Yani/ Direktur
2023 Domestic Official Travel Lahendong Operasi
Joint Committee Meeting about Director of Operations
Lahendong Area
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14 3 - 4 Agustus | PDDN Banda Aceh Undangan Dinas Energi dan Sumber Rachmat Hidajat/
August 2023 Domestic Official Travel Daya Mineral (ESDM) Pemerintah Direktur Eksplorasi &
Aceh atas Pelaksanaan Eksplorasi Pengembangan
Pengembangan Panas Bumi Proyek Director of Exploration
Seulawah Agam & Development
Invitation from the Energy and Mineral
Resources (ESDM) Office of the Aceh
Government for the Implementation of
Geothermal Development Exploration
for the Seulawah Agam Project
15 4 Agustus | PDDN Tasikmalaya Kunjungan Kerja Area Kamojang dan Ahmad Yani/
August 2023 Domestic Official Travel Area Karaha Direktur Operasi
Working Visit to Kamojang Area and Director of Operations
Karaha Area
16 7 - 8 Agustus | PDDN Bengkulu Kunjungan Pemerintah Provinsi Bengkulu Rachmat Hidajat/
August 2023 Domestic Official Travel atas Pengembangan Proyek Hululais Direktur Eksplorasi &
Visit of the Bengkulu Provincial Pengembangan
Government regarding the Development Director of Exploration
of the Hululais Project & Development
17 7 - 8 Agustus | PDDN Lampung Management Walkthrough Area Ahmad Yani/
August 2023 Domestic Official Travel Ulubelu Direktur Operasi
Management Walkthrough to Ulubelu Director of Operations
Area
18 10 - 13 Agustus | PDDN Manado Kegiatan Analyst Visit dan Pengenalan 1. Ahmad Yani/
August 2023 Domestic Official Travel Geothermal Area Lahendong Direktur Operasi
Analyst Visit Activities and Introduction Director of Operations
to the Lahendong Geothermal Area 2. Nelwin Aldriansyah/
Direktur Keuangan
Director of Finance
19 14 - 24 Agustus | PDLN China Site Visit SEPCOIII Rachmat Hidajat/
August 2023 Overseas Official Travel Site Visit to SEPCO III Direktur Eksplorasi &
Pengembangan
Director of Exploration
& Development
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20 15 - 16 Agustus | PDDN Bandung Joint Committee Meeting Area Ahmad Yani/
August 2023 Domestic Official Travel Kamojang Direktur Operasi
dan Area Karaha Periode Tahun 2023 Director of Operations
Joint Committee Meeting about
Kamojang Area and Karaha Area for
2023 Period
21 17 - 23 Agustus | PDLN Kenya Kunjungan Presiden RI ke Afrika Selatan Rachmat Hidajat/
August 2023 Visit of the President of the Republic of Direktur Eksplorasi &
Indonesia to South Africa Pengembangan
Director of Exploration
& Development
22 18 - 19 Agustus | PDDN Bandung Penerimaan Penghargaan dari Badan Ahmad Yani/
August 2023 Domestic Official Travel Geology Direktur Operasi
Receiving an Award from the Geology Director of Operations
Agency
23 21 - 22 Agustus | PDDN Yogyakarta Penerimaan Penghargaan Anugerah Nelwin Aldriansyah/
August 2023 Domestic Official Travel BAPETEN 2023 Direktur Keuangan
Receiving the 2023 BAPETEN Award Director of Finance
24 24 - 25 Agustus | PDLN Singapore Courtesy Meeting - Macquarie Asset Nelwin Aldriansyah/
August 2023 Overseas Official Travel Management Direktur Keuangan
Courtesy Meeting - Macquarie Asset Director of Finance
Management
25 24 - 26 Agustus | PDDN Bali Penerimaan Penghargaan ASEAN Ahmad Yani/ Direktur
August 2023 Domestic Official Travel Energy Operasi
Receiving the ASEAN Energy Award Director of Operations
26 29 - 30 Agustus | PDDN Lampung Management Walkthrough SH PNRE Ahmad Yani/
August 2023 Domestic Official Travel Area ULUBELU Direktur Operasi
SH PNRE Management Walkthrough to Director of Operations
ULUBELU Area
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27 4 - 5 September PDDN Bogor Mid-Year Evaluation Performance Ahmad Yani/
2023 Domestic Official Travel Subholding PNRE Tahun 2023 Direktur Operasi
Mid-Year Evaluation of PNRE Director of Operations
Subholding Performance in 2023
28 6 - 8 September PDDN Manado Management Walkthrough Dewan Ahmad Yani/
2023 Domestic Official Travel Komisaris PPI ke Area Lahendong Direktur Operasi
Management Walkthrough of PPI Board Director of Operations
of Commissioners to ULUBELU Area
29 8 - 10 September PDDN Bali Joint Committee Meeting Area Lumut Ahmad Yani/
2023 Domestic Official Travel Balai - Area Ulubelu Tahun 2023 Direktur Operasi
Joint Committee Meeting about Lumut Director of Operations
Balai Area – Ulubelu Area in 2023
30 10 - 17 September PDLN China IDX Forum, CLSA Investor Forum dan Nelwin Aldriansyah/
2023 Overseas Official Travel World Geothermal Congress 2023 Direktur Keuangan
IDX Forum, CLSA Investor Forum and Director of Finance
World 2023 Geothermal Congress
2023
31 24 - 25 September PDDN Garut Management Walkthrough SH PNRE & Ahmad Yani/
2023 Domestic Official Travel Grand HSSE Meeting SH PNRE TW III Direktur Operasi
2023 Director of Operations
SH PNRE Management Walkthrough &
Grand HSSE Meeting SH PNRE TW III
2023
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32 3 - 4 Oktober | PDDN Garut Kunjungan Kerja Komisi VII DPR RI 1. Rachmat Hidajat/
October 2023 Domestic Official Travel Working Visit of Commission VII DPR RI Direktur Eksplorasi &
Pengembangan
Director of Exploration
and Development
2. Ahmad Yani/
Direktur Operasi
Director of Operations
33 11 - 14 Oktober | PDDN Palembang Management Walkthrough Komisaris Nelwin Aldriansyah/
October 2023 Domestic Official Travel Utama PGE Area Lumut Balai Direktur Keuangan
Management Walkthrough of PGE Director of Finance
Board of Commissioners of Lumut Balai
Area
34 22 - 27 Oktober | PDLN Turki Courtesy & Plant Visit Project Abroad Rachmat Hidajat/
October 2023 Overseas Official Travel Türkiye Pengembangan Proyek di Turki Direktur Eksplorasi &
Courtesy & Plant Visit Project Abroad for Pengembangan
Project Development in Türkiye Director of Exploration
& Development
35 29 - 30 Oktober | PDDN Bandung BOD BOC Meeting Kinerja September Seluruh Direksi PGE
October 2023 Domestic Official Travel 2023 All PGE Board of
BOD BOC Meeting on Performance Directors
September 2023
36 2 - 3 November PDDN Bali Workshop Roadmap BUMN 2024- Ahmad Yani/
2023 Domestic Official Travel 2034 Direktur Operasi
Workshop on the SOEs Roadmap for the Director of Operations
2024-2034 period
37 6 - 7 November PDLN Singapore Courtesy Meeting Pengembangan Bisnis Rachmat Hidajat/
2023 Overseas Official Travel Anorganik Direktur Eksplorasi &
Courtesy Meeting over Inorganic Pengembangan
Business Development Director of Exploration
& Development
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38 11 - 12 November PDDN Surabaya Undangan Pembicara Kegiatan Pekan Rachmat Hidajat/
2023 Domestic Official Travel Hukum Nasional Direktur Eksplorasi &
Invitation to Speakers for National Law Pengembangan
Week Activities Director of Exploration
& Development
39 12 - 22 November PDLN United States - Non Deal Roadshow (NDR) Nelwin Aldriansyah/
2023 Overseas Official Travel Singapore Direktur Keuangan
Director of Finance
40 24 - 26 November PDDN Bali-Labuan Bajo Rapat Koordinasi Dewan Komisaris PGE Nelwin Aldriansyah/
2023 Domestic Official Travel dan Rapat Koordinasi Finance PGE Direktur Keuangan
Coordination Meeting of PGE Board Director of Finance
of Commissioners and Coordination
Meeting of PGE Finance
41 30 Nov - 3 Des | PDDN Bali Undangan Pembahasan CSR Program Ahmad Yani/
December 2023 Domestic Official Travel PGE Direktur Operasi
Invitation to Discussion on PGE’s CSR Director of Operations
Programs
42 6 - 9 Desember | PDDN Manado Kunjungan Komisi VII DPR RI & Ahmad Yani/
December 2023 Domestic Official Travel Management Walkthrough Area Direktur Operasi
Lahendong Director of Operations
Visit of Commission VII DPR RI
& Management Walkthrough to
Lahendong Area
43 7 - 8 Desember | PDDN Garut Interview CNBC atas Pengembangan Rachmat Hidajat/
December 2023 Domestic Official Travel area Kamojang Direktur Eksplorasi &
CNBC interview on the development of Pengembangan
the Kamojang area Director of Exploration
& Development
44 10 - 11 Desember | PDDN Magelang Undangan Market Outlook & Business Nelwin Aldriansyah/
December 2023 Domestic Official Travel Update PGE Direktur Keuangan
Invitation to PGE Market Outlook & Director of Finance
Business Updates
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45 13 - 15 Desember | PDDN Manado Rapat Pembahasan Progres Rachmat Hidajat/
December 2023 Domestic Official Travel Pengembangan Proyek Optimasi dan Direktur Eksplorasi &
Ekspansi di WKP existing PGE Pengembangan
Meeting to discuss the Progress of Director of Exploration
Development of Optimization and & Development
Expansion Projects at PGE’s existing
WKP
46 13 - 15 Desember | PDDN Manado Management Walkthrough Area Nelwin Aldriansyah/
December 2023 Domestic Official Travel Lahendong Direktur Keuangan
Management Walkthrough to Director of Finance
Lahendong Area
47 18 - 20 Desember | PDDN Palembang Groundbreaking Ceremony Lumut Balai 1. Rachmat Hidajat/
December 2023 Domestic Official Travel Unit 2 Direktur Eksplorasi &
Groundbreaking Ceremony of Lumut Pengembangan
Balai Director of Exploration
Unit 2 & Development
2. Ahmad Yani/
Direktur Operasi
Director of Operations
48 27 - 30 Desember | PDDN Bogor Evaluasi Assessment Kesiapan Operasi Ahmad Yani/ Direktur
December 2023 Domestic Official Travel 2023 Operasi
Evaluation of the 2023 Operational Director of Operations
Readiness Assessment
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Tata Kelola Perusahaan
Good Corporate Governance
Pelatihan dan Pengembangan Competence Training and Development
Kompetensi Direksi For the Board of Directors
Direksi didorong untuk mengembangkan pengetahuan The Board of Directors is encouraged to improve
dan kompetensi, terutama untuk hal-hal yang bersifat knowledge and competence, especially in strategic
strategis. Tujuannya agar dapat membantu Direksi matters. The objective is to assist the Board of Directors in
dalam mengambil keputusan-keputusan penting yang making important decisions related to the management of
dibutuhkan terkait pengelolaan Perseroan. Materi the Company. The learning materials that were attended
pembelajaran yang diikuti mencakup partisipasi dalam cover participation in relevant seminars, training, and
seminar, pelatihan, dan konferensi yang relevan. Program conferences. The training and education program for the
pelatihan dan pendidikan Direksi dipersiapkan oleh Board of Directors is prepared by the Human Capital
Fungsi Human Capital, Komite Nominasi dan Remunerasi Function, the Nomination and Remuneration Committee,
dan didukung pelaksanaannya oleh Fungsi Sekretaris and its implementation is supported by the Corporate
Perusahaan. Secretary Function.
Selama tahun 2023, Direksi telah mengikuti program During 2023, the Board of Directors has attended the
pengembangan kompetensi sebagai berikut: following competence development programs:
Pendidikan dan/atau Pelatihan Direksi
Education and/or Training Program of the Board of Directors
Nama Keterangan Tanggal Lokasi Penyelenggara
Names Descriptions Date Locations Organizers
Ahmad Yuniarto Workshop Unlock Value PGE 4 Januari | Hotel Alila Jakarta Subholding PNRE
(Direktur Utama periode 2021 - Workshop on Unlocking PGE Value January 2023 (Pertamina)
5 Juni 2023) PNRE Subholding
(President Director for Period of (Pertamina)
2021 – June 5, 2023)
Workshop Enterprise Risk Management for 17 Maret | Kantor Pusat PGE PGE
Top Level Management March 2023 PGE Head Office
Workshop on Enterprise Risk Management
for Top Level Management
Julfi Hadi Executive Briefing Geothermal Integrated 10 Juli | Kantor Pusat PGE PGE
(Direktur Utama periode 5 Juni Management System (GIMS) July 2023 PGE Head Office
2023 - sekarang) Executive Briefing on Geothermal Integrated
(President Director for Period of Management System (GIMS)
June 5, 2023 - Present)
Directors Talk & Coaching Clinic 13 September Ballroom Graha Pertamina Pertamina
Chargeback 2023
Workshop Risk Management 13 September Kantor Pusat PPI PT PPI
Risk Management Workshop 2023 PPI Head Office
Hybrid Directorship Program – PRIME III 29 November Daring Pertamina
2023 (Series 5 & Closing) 2023 Online
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Ahmad Yani Directorship Program - PRIME III 17 Oktober | Daring Pertamina
(Direktur Operasi) October 2023 Online
(Director of Operations)
Directorship Program - PRIME III 24 Oktober | DDaring Pertamina
October 2023 Online
Directorship Program - PRIME III 26 Oktober | Daring Pertamina
October 2023 Online
Opening Exhibition ”Upcycle For A Greener 7 November Grha Pertamina Pertamina
Generation” 2023
Opening Exhibition of “Upcycle For A
Greener Generation”
Hybrid Directorship Program – PRIME III 2 November Daring Pertamina
2023 (Series 5 & Closing) 2023 Online
AKHLAK Workshop and Sharing Session 14 Desember | Hotel Borobudur Jakarta PT PPI
December 2023
Rachmat Hidajat (Dir. Eksplorasi Workshop Geothermal Projects 29 – 30 Agustus | Kantor Pusat PGE PGE & Cindrigo
& Pengembangan) Opportunity in Croatia & Germany August 2023 PGE Head Office
(Director of Exploration and Workshop on Geothermal Projects’s
Development) Opportunities in Croatia & Germany
Chevron New Energy - PGE: Kotamobagu, 7 April 2023 Kantor Pusat PGE PGE
ACL Technology Development PGE Head Office
Executive Sustainability Masterclass 5 September Ballroom Graha Pertamina Pertamina Corporate
2023 University
Forum Sinergi Infrastruktur II – Pertamina 11 – 12 Oktober | Bandung Pertamina
Group October 2023
Infrastructure Synergy Forum II – Pertamina
Group
Seminar Energy Transition Conference & 18 Oktober | Jakarta Sek. Jenderal Dewan
Exhibition October 2023 Energi Nasional
Energy Transition Conference & Exhibition Sec. General of the
Seminar National Energy
Council
Pembicara Kegiatan Pekan Hukum Nasional 12 November Universitas Sebelas Maret Universitas Sebelas
Speakers for National Law Week Activities 2023 University of Sebelas Maret Maret
Pemantapan Nilai-nilai Kebangsaan – 20 – 26 Gedung Lemhanas Pertamina Corporate
LEMHANAS November 2023 Lemhanas Building University
Strengthening National Values –
LEMHANAS (The National Resilience
Institute)
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Nelwin Aldriansyah (Direktur BNPP Global ESG Corporate Access and 27 – 28 Juni | Singapore BNP Paribas
Keuangan) ICMA Principles Annual Forum June 2023
(Director of Finance)
Pertamina Economic Outlook - “What’s 8 Agustus | August Ballroom Graha Pertamina Pertamina
Next for the Economy: Opportunities and 2023
Challenges Ahead”
Risk Management Workshop 13 September Kantor Pusat PPI PT PPI
2023 PPI Head Office
Directors Talk & Coaching Clinic 13 September Ballroom Graha Pertamina Pertamina
Chargeback 2023
Accelerating Net Zero and Unlocking 24 November Bali Bursa Efek Indonesia
Indonesia Carbon Market Potential through 2023 Indonesia Stock
IDX Carbon (Indonesia Carbon Exchange) Exchange
21st Economix International Seminar Flow 27 November Universitas Indonesia Universitas Indonesia
of Moderated Session 2023
Selain Pelatihan yang diikuti, Bapak Julfi Hadi selaku In addition to attending training sessions, Mr. Julfi Hadi,
Direktur Utama berkesempatan menjadi pembicara/ as the President Director, had the opportunity to serve as
narasumber/ juri untuk berbagai acara sepanjang 2023, a speaker/panelist/ judge for various events throughout
antara lain: 2023, including:
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Pengalaman Sebagai Pembicara/Narasumber/Juri
Experience as Speaker/Panelist/Judge
No Acara/Tema Penyelenggara Tanggal Lokasi
Event/Theme Organizer Date Location
1 HSBC DCM PGE - HSBC 12 - 13 Juni | June 2023 Singapura
Income Investor Credit Tour Singapore
2 HSBC DCM PGE - Income Investor HSBC 15 - 16 Juni | June 2023 Hongkong
Credit Tour
3 Focus Group Discussion Pemerintah Indonesia 17 - 19 Juni | June 2023 Bandung
Indonesian Government
4 Internalisasi Budaya AKHLAK PT PPI 11 Juli | July 2023 Jakarta
Internalization of AKHLAK Culture
Masyarakat Energi Terbarukan
Indonesia (METI)
5 The 11th Indonesia EBTKE ConEx 202 13 Juli | July 2023 Tangerang
Indonesian Renewable Energy
Society (METI)
Dukungan Potensi Kerjasama
Geothermal PGE Pemerintah Indonesia 21 - 27 Oktober | October Turki
6
Support for Geothermal Collaboration Indonesian Government 2023 Turkiye
Potential PGE
29 November | November
7 Business News and Outlook Mirae Sekuritas Hotel Mulia - Jakarta
2023
29 November - 5 Desember
The COP28 UN Climate Change
8 United Nations | 29 November - 5 December Dubai
Conference
2023
Jelajah Panas Bumi Indonesia
7 - 9 Desember | December
9 Exploring Indonesia’s Geothermal CNBC Indonesia Kamojang
2023
Energy
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Tata Kelola Perusahaan
Good Corporate Governance
Penilaian Kinerja Direksi Assessment of the Board of Directors'
Performance
Penilaian Kinerja Direksi dilihat melalui pencapaian The performance of the Board of Directors is assessed
Indikator Kinerja Utama (Key Performance Indicator through the achievement of Key Performance
atau KPI) yang dievaluasi oleh Dewan Komisaris dan Indicators (KPIs), evaluated by the Board of
disampaikan kepada Pemegang Saham dalam RUPS. Commissioners and presented to the Shareholders
at the General Meeting of Shareholders (RUPS).
Prosedur Penilaian Kinerja Direksi Procedure for the Board of Director’s
Performance Assessment
1. KPI yang merupakan penjabaran 1. At the beginning of each year, the Board of Directors
dari RKAP yang disahkan RUPS; determines KPI which is an elaboration of the RKAP
approved by the GMS;
2. Direksi melakukan penilaian mandiri atas kinerja 2. The Board of Directors conducts self-assessment of
masing-masing anggota Direksi dan Direksi sebagai the performance of each member of the Board and
unit kerja kolegial; the Board as a collegial work unit.
3. Dewan Komisaris mengevaluasi kinerja dan 3. The Board of Commissioners evaluates
penilaian mandiri masing-masing anggota the performance and self-assessment of each
Direksi dan Direksi sebagai unit kerja kolegial; member of the Board of Directors and the Board as
a collegial work unit.
4. Kinerja Direksi dilaporkan dalam Laporan Tugas 4. The performance of the Board of Directors
Pengawasan oleh Dewan Komisaris kepada RUPS. is reported in the Supervisory Task Report by the Board
Penilaian kinerja Direksi juga dilakukan secara of Commissioners to the GMS. The performance
kolegial oleh Pemegang Saham dalam RUPS, assessment of the Board of Directors is also
berdasarkan kinerja perusahaan yang dituangkan conducted collegially by the Shareholders during
dalam persetujuan dan pengesahan Laporan the GMS, based on the Company's performance
Tahunan Perseroan oleh RUPS. as reflected in the approval and ratification of the
Company's Annual Report by the GMS.
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Tata Kelola Perusahaan
Good Corporate Governance
Kriteria Penilaian Kinerja Direksi Criteria for the Board of Directors’
Performance Assessment
Kriteria penilaian kinerja Direksi Perseroan antara lain The criteria for assessing the performance of the
mencakup pemahaman dan pencapaian kinerja dalam Company's Board of Directors include understanding and
hal: achievement of performance in the following areas:
1. Financial. 1. Financial.
2. Internal Process. 2. Internal Process.
3. Customer Focus. 3. Customer Focus.
4. Learning and Growth. 4. Learning and Growth.
Pihak yang Melakukan Penilaian Parties Conducting Performance
Kinerja Direksi Assessment of the Board of Directors
Penilaian kinerja Direksi dilakukan oleh Dewan Komisaris The Board of Directors’ performance assessment
dan pemegang saham dalam RUPS. is conducted by the Board of Commissioners and
shareholders during the GMS.
Hasil Penilaian Kinerja Direksi Performance Assessment Outcomes of
the Board of Directors
Pada 2023, Direksi telah melakukan pengelolaan In 2023, the Board of Directors managed the Company
Perseroan sesuai pedoman tata kelola Perusahaan yang in accordance with corporate governance manual,
mengacu kepada Anggaran Dasar dan Pedoman No. referring to the Articles of Association and Manual
A05-002-K20000-2022-S9 tentang Penilaian Kinerja No. A05-002-K20000-2022-S9 on Performance
Direksi, Dewan Komisaris, dan Komite Penunjang Dewan Assessment of the Board of Directors, the Board of
Komisaris di Subholding dan AP Pertamina dengan hasil Commissioners, and Supporting Committee in Subholding
sebagai berikut: and AP Pertamina, with the following outcomes:
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Rata-rata Score
Nama Jabatan Realisasi KPI ABS Total Nilai Rating
Name Position KPI Achievement Average ABS Total Score Rating
Score
Julfi Hadi Direktur Utama/ 105,01% 4,55 99,41% 6
President Director
Ahmad Yani Direktur Operasi/ 104,93 % 4,29 95,37% 6
Director of Operations
Rachmat Hidajat Direktur Eksplorasi dan 104,68% 4,16 93,97% 5
Pengembangan/
Director of Exploration and
Development
Nelwin Aldriansyah Direktur Keuangan/ 104,95% 4,50 97,45% 7
Director of Finance
*Surat Dewan Komisaris No. 021/DK/PGE/2024-S8 tanggal 20 Februari 2024 perihal Hasil Penilaian Kinerja Dewan Komisaris dan
Komite Penunjang, serta Usulan Rating Kinerja Direksi PT Pertamina Geothermal Energy Tbk Tahun 2023
*Board of Commissioners Letter No. 021/DK/PGE/2024-S8 dated February 20, 2024 on the Performance Assessment Outcomes of
the Board of Commissioners and Supporting Committees, as well as the Proposed Performance Rating of the Board of Directors of PT
Pertamina Geothermal Energy Tbk for the Year 2023.*
Penilaian Kinerja Komite di Bawah Performance Assessment of the
Direksi Committee Under the Board of Directors
Direksi membentuk satu komite di bawah Direksi yaitu The Board of Directors formed a committee called the
Komite Manajamen Risiko yang bertugas memantau, Risk Management Committee, under the Board of
mengevaluasi, dan memberikan arahan terkait Directors, which is tasked with monitoring, evaluating,
pelaksanaan kebijakan Enterprise Risk Management. and providing directions regarding the implementation
Saat ini Komite Manajemen Risiko beranggotakan Direksi of the Enterprise Risk Management policies. Currently,
dan pekerja PGE, di mana penilaian kinerja komite members of the Risk Management Committee consist
menyatu pada KPI Direksi dan pekerja PGE tersebut. of PGE's Board of Directors and employees. Therefore,
the committee’s assessment is integrated into the KPI of
PGE'S Board of Directors and employees.
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Tata Kelola Perusahaan
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nominasi dan remunerasi dewan
komisaris dan direksi
nomination and remuneration for the board of commissioners
and the board of directors
Prosedur Nominasi Dewan Komisaris Nomination Procedure for the Board
dan Direksi of Commissioners and the Board of
Directors
Kebijakan nominasi anggota Dewan Komisaris The nomination policy for members of the Board of
dan Direksi Perseroan mengacu kepada: Commissioners and the Board of Directors of the
Company refers to:
1. Peraturan Menteri BUMN No.PER-03/ 1. Regulation of the Minister of SOE No. PER-03/
MBU/03/2023 tentang Organ dan Sumber Daya MBU/03/2023 on the Organization and Human
Manusia Badan Usaha Milik Negara. Resources of State-Owned Enterprises.
2. Peraturan OJK No. 33/POJK.04/2014 tentang 2. Regulation of the Financial Services Authority
Direksi dan Dewan Komisaris Emiten atau Perusahaan (POJK) No. 33/POJK.04/2014 on the Board of
Publik. Directors and the Board of Commissioners of Issuers
or Public Companies.
Fungsi nominasi dan remunerasi dijalankan oleh Komite The nomination and remuneration functions are carried
Nominasi dan Remunerasi yang dibentuk berdasarkan out by the Nomination and Remuneration Committee
Surat Keputusan Dewan Komisaris No. 025/Kpts/DK- established based on the Board of Commissioners’
PGE/2022-S0 tanggal 31 Oktober 2022. Sebelum Decree No. 025/Kpts/DK-PGE/2022-S0 dated October
adanya Komite Nominasi dan Remunerasi, fungsi nominasi 31, 2022. Before the establishment of the Nomination
dan remunerasi dijalankan oleh Dewan Komisaris. and Remuneration Committee, the nomination and
remuneration functions were carried out by the Board of
Commissioners.
Calon anggota Dewan Komisaris dan/atau Direksi Prospective members of the Board of Commissioners
Perseroan dapat berasal dari eksternal Perseroan, and/or the Board of Directors of the Company may
sepanjang memenuhi ketentuan peraturan perundang- come from external sources, as long as they meet the
undangan. Khusus untuk Direksi, pemegang saham requirements of the prevailing regulations. Specifically
utama Perseroan yaitu PT Pertamina (Persero) memiliki for the Board of Directors, the majority shareholder of the
mekanisme internal untuk nominasi/suksesi Direksi Anak Company, namely PT Pertamina (Persero), has an internal
Perusahaan. mechanism for nominating/ succession of the Subsidiary
Company’s Board of Directors.
Bakal calon anggota Direksi yang dinyatakan lulus Prospective candidates for the Board of Directors who
dalam tahapan seleksi administrasi, akan menjalani pass the administrative selection stage will undergo a
uji kelayakan dan kompetensi (UKK) sebagai proses fit and proper test (UKK) as a process to measure their
pengukuran kelayakan kepatutan kompetensi. Calon suitability and competence. Candidates for the Board
Direksi yang lulus proses seleksi akan diangkat dan of Directors who pass the selection process will be
ditetapkan sebagai anggota Direksi melalui keputusan appointed and confirmed as members of the Board of
RUPS. Directors through a decision of the GMS.
elevate Laporan Tahunan 2023 Annual Report 393
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Tata Kelola Perusahaan
Good Corporate Governance
Prosedur dan Pelaksanaan Remunerasi Procedures and Implementation
Dewan Komisaris dan Direksi of Remuneration for the Board of
Commissioners and the Board of
Directors
Kebijakan Remunerasi Remuneration Policy
Penetapan remunerasi Direksi dan Dewan Komisaris The determination of remuneration for the Board of
menjadi kewenangan pemegang saham utama Perseroan Directors and Board of Commissioners is under the
yaitu, PT Pertamina (Persero) melalui mekanisme RUPS. authority of the majority shareholder of the Company,
PT Pertamina (Persero) mempunyai kebijakan terkait namely PT Pertamina (Persero), through the mechanism
remunerasi Direksi, Dewan Komisaris Entitas Anak of the General Meeting of Shareholders (GMS).
Perusahaan, dan Perusahaan Patungan yang diatur PT Pertamina (Persero) has policies regarding the
dalam Pedoman Pengelolaan Entitas Anak Perusahaan remuneration of the Board of Directors, Board of
dan Perusahaan Patungan Perseroan melalui Surat Commissioners of Subsidiary Entities, and Joint Venture
Keputusan No. KPTS-16/C00000/2013-S0 tanggal 25 Companies, which are regulated in the Manual for the
Februari 2013. Perseroan juga memperhatikan ketentuan Management of Subsidiary Entities and Joint Venture
dan peraturan perundang-undangan yang berlaku dalam Companies of the Company through Decree No. KPTS-
penetapan remunerasi Direksi dan Dewan Komisaris 16/C00000/2013-S0 dated February 25, 2013. The
tersebut. Company also adheres to the provisions and regulations
in determining the remuneration for the Board of Directors
and Board of Commissioners as stipulated by prevailing
laws and regulations.appointed and confirmed as
members of the Board of Directors through a decision of
the GMS.
Prosedur Penetapan Remunerasi
Procedure for Determining Remuneration
1
Direksi
mengajukan
kepada
Perseroan
Dewan
usulan
Komisaris
dapat
remunerasi
untuk
2
Dewan Komisaris melalui Komite
Nominasi dan Remunerasi melakukan
kajian remunerasi untuk mendapatkan
3
Persetujuan dan pengesahan atas
besaran, bentuk, dan waktu berlaku
remunerasi Direksi dan Dewan
mendapatkan rekomendasi. rekomendasi dari Dewan Komisaris. Komisaris dilakukan Pemegang Saham
Selanjutnya Direksi meneruskan kepada dalam RUPS atau Keputusan Pemegang
The Company's Board of Directors RUPS untuk mendapatkan pengesahan. Saham secara sirkuler (RUPS Sirkuler).
may submit remuneration proposals
to the Board of Commissioners for The Board of Commissioners through Approval for and ratification of the
recommendation. the Nomination and Remuneration amount, from and time applicable to the
Committee reviews the remuneration remuneration of the Board of Directors
to obtain recommendations from the and Board of Commissioners must be
Board of Commissioners. Furthermore, conducted by the Shareholders through
the Board of Directors forwards it to the the MS or Circular Shareholders’ Decree
GMS for approval. (Circular GMS).
394 elevate Laporan Tahunan 2023 Annual Report
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Tata Kelola Perusahaan
Good Corporate Governance
Indikator Penetapan Remunerasi Indicators for Determining the
Dewan Komisaris dan Direksi Remuneration for the Board of
Commissioners and the Board of
Directors
Indikator dari penetapan remunerasi Direksi yang Indicators for determining the fixed remuneration of the
bersifat tetap, terdiri dari: Board of Directors consist of:
1. Pendapatan. 1. Revenue.
2. Aktiva. 2. Assets.
3. Kondisi dan kemampuan keuangan Perseroan yang 3. Conditions and financial capabilities of the respective
bersangkutan. Company.
4. Tingkat inflasi. 4. Inflation rate.
5. Faktor-faktor lain yang relevan. 5. Other relevant factors
6. Kepatuhan (compliance) yang tidak boleh 6. Compliance, which must not conflict with laws and
bertentangan dengan peraturan perundang- regulations.
undangan.
Sementara untuk penetapan remunerasi yang berbentuk Meanwhile, for the determination of variable remuneration
tantiem bersifat variabel ditentukan berdasarkan in the form of bonuses, it is determined based on the
beberapa faktor berikut. following factors:
1. Kinerja perusahaan, termasuk EBITDA dan KPI. 1. Company performance, including EBITDA and KPI.
2. Tingkat kesehatan. 2. Health status.
3. Kondisi dan kemampuan keuangan perusahaan 3. Conditions and financial capabilities of the respective
yang bersangkutan. company.
4. Faktor-faktor lain yang relevan 4. Other relevant factors.
Penetapan remunerasi di Perseroan juga dipengaruhi The determination of remuneration in the Company is also
oleh faktor jabatan bagi Direksi dan Dewan Komisaris, influenced by position factors for the Board of Directors
yaitu: and Board of Commissioners, namely:
1. Faktor jabatan Direktur Utama: 100%. 1. Position factor for the President Director: 100%.
2. Faktor jabatan anggota Direksi: 85% dari gaji 2. Position factor for members of the Board of Directors:
Direktur Utama. 85% of the President Director’s salary.
3. Faktor jabatan Komisaris Utama: 45% dari gaji 3. Position factor for the President Commissioner: 45%
Direktur Utama. of the President Director’s salary.
4. Faktor jabatan Komisaris: 90% 4. Position factor for Commissioners: 90% of the
dari honorarium Komisaris Utama. President Commissioner’s honorarium.
elevate Laporan Tahunan 2023 Annual Report 395
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Tata Kelola Perusahaan
Good Corporate Governance
Struktur Remunerasi Dewan Komisaris Remuneration Structure of the Board
dan Direksi of Commissioners and the Board of
Directors
Pemberian remunerasi kepada setiap anggota Dewan The provision of remuneration to each member of the
Komisaris dan Direksi telah dilaksanakan berdasarkan Board of Commissioners and the Board of Directors has
Prosedur dan Dasar Penetapan Remunerasi di atas. been carried out based on the above Remuneration
Adapun Struktur Remunerasi Dewan Komisaris dan Determination Procedure and Basis. The Remuneration
Direksi Tahun 2023 adalah sebagai berikut: Structure of the Board of Commissioners and the Board
of Directors for the year 2023 is as follows:
Struktur Remunerasi Dewan Komisaris dan Direksi Tahun 2023
Remuneration Structure of the Board of Commissioners and the Board of Directors 2023
Ketetapan
Determination
Komponen
Component Komisaris Utama Komisaris Lainnya
President Commissioner Other Commissioners
90% dari honor Komisaris Utama
Honor 45% dari gaji Direktur Utama
90% of the President Commissioner’s
Honorarium 45% of the President Director’s salary
honorarium
Tunjangan:
Allowance:
Transportasi 20% dari honor masing-masing anggota Dewan Komisaris
Transportation 20% of each Commissioner’s honorarium
THR
1 x honor
(THR)
1x honorarium
Religious Holiday Allowance
Asuransi Purna Jabatan Premi yang ditanggung oleh Perseroan paling banyak 25% dari honor dalam satu tahun
Post-Employment Insurance Maximum premium borne by the Company is 25% of one year honorarium
396 elevate Laporan Tahunan 2023 Annual Report
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Tata Kelola Perusahaan
Good Corporate Governance
Fasilitas:
Facility:
Kesehatan Diberikan fasilitas kesehatan sesuai ketentuan yang berlaku di Perseroan
Health Health facilities are provided as per the Company’s regulations
Diberikan bantuan hukum (termasuk Director’s & Officer’s Liability) sesuai ketentuan yang
Bantuan Hukum
berlaku di Perseroan
Legal Aid
Legal aid is provided (including Director’s & Officer’s Liability) as per the Company’s regulations
Tantiem 45% dari Tantiem Direktur Utama 90% dari Tantiem Komisaris Utama
Tantiem 45% of the President Director’s tantiem 90% of the President Commissioner’s tantiem
Komponen Direktur Utama Direktur Lainnya
Component President Director Other Directors
Gaji 100% 85% dari gaji Direktur Utama
Salary 100% 85% of the President Director’s salary
40% dari gaji masing-masing anggota Direksi, dengan ketentuan paling banyak sebesar
Perumahan
Rp27.500.000
Housing
40% of each Director’s salary, capped at maximum of Rp27,500,000
THR 1 x gaji
THR (Religious Holiday Allowance) 1 x salary
Asuransi Purna Jabatan Premi yang ditanggung oleh Perseroan paling banyak 25% dari gaji dalam satu tahun
Post-Employment Insurance Maximum premium borne by the Company is 25% of one year honorarium
Diberikan satu unit Kendaraan Ringan Penumpang (KRP) sesuai ketentuan yang berlaku
Kendaraan
di Perseroan
Vehicle
One unit of Light Passenger Vehicle (KRP) is provided as per the Company’s regulations
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Tata Kelola Perusahaan
Good Corporate Governance
Kesehatan Diberikan fasilitas kesehatan sesuai ketentuan yang berlaku di Perseroan
Health health facilities are provided as per the Company’s regulations
Diberikan bantuan hukum (termasuk Director’s & Officer’s Liability) sesuai ketentuan yang
Bantuan Hukum berlaku di Perseroan
Legal Aid legal assistance is provided (including Director’s & Officer’s Liability) as per the Company’s
regulations
Cuti Tahunan 12 hari kerja dalam setahun apabila telah bekerja 12 (dua belas) bulan berturut-turut
Annual Leave 12 working days annually if employed for 12 consecutive months
Tantiem 100% 85% dari Tantiem Direktur Utama
Tantiem 100% 85% of the President Director’s tantiem
398 elevate Laporan Tahunan 2023 Annual Report
Page 399
Tata Kelola Perusahaan
Good Corporate Governance
Komponen dan Jumlah Nominal Remunerasi Dewan Komisaris dan Direksi
Tahun 2023
Components and Amount of Remuneration for the Board of Commissioners and the Board of
Directors for 2023
Jumlah Diterima
Amount Received
Dewan Komisaris Direksi
Jumlah Remunerasi dan Fasilitas Lain the Board of Commissioners the Board of Directors
Total Remuneration and Other Facillities
Jumlah dalam Jumlah dalam
Jumlah Orang* Rp Juta Jumlah Orang* Rp Juta
Number of People* Total in Million Number of People* Total in Million
Rupiah Rupiah
Remunerasi
Remuneration
Gaji
4 3.029 6 8.481
Salaries
Tunjangan Perumahan
0 0 0 0
Housing Allowances
Tantiem
3 3.556 4 7.394
Tantiem
Fasilitas Lain dalam Bentuk Natura
Other Facilities in the form of Natura
Perumahan (tidak dapat dimiliki)
0 0 0 0
Housing (cannot be owned)
Transportasi (tidak dapat dimiliki)
0 0 6 895
Transportation (cannot be owned)
Kesehatan (tidak dapat dimiliki)
4 88 6 228
Health (cannot be owned)
*Data mencakup seluruh anggota Dewan Komisaris dan Direksi yang menjabat di sepanjang tahun 2023.
*The data covers all members of the Board of Commissioners and the Board of Directors who were in the Company throughout 2023.
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Page 400
Tata Kelola Perusahaan
Good Corporate Governance
hubungan afiliasi antara anggota direksi, dewan komisaris,
dan pemegang saham utama dan/atau pengendali
affiliation relations between members of the board of directors,
the board of commissioners, and majority and/or controlling
shareholders
Mayoritas anggota Dewan Komisaris dan Direksi tidak The majority of members of the Board of Commissioners
mempunyai hubungan afiliasi baik secara keluarga and the Board of Directors do not have any affiliation,
maupun keuangan dengan anggota Dewan Komisaris whether familial or financial, with other members of the
dan/atau Direksi lainnya, atau dengan Pemegang Board of Commissioners and/or the Board of Directors,
Saham Pengendali. or with the Controlling Shareholders.
Hubungan Afiliasi Dewan Komisaris Dan Direksi
Affiliation Relations Between the Board of Commissioners and the Board of Directors
Kepemilikan
Hubungan Keluarga Hubungan Keuangan Saham di
Family Relationship Financial Relationship PGE baik
Langsung
Nama maupun Tidak
Name Langsung
Jabatan (lembar
Position Pemegang Pemegang saham)
Direksi Komisaris Saham Utama Direksi Komisaris Saham Utama Ownership of
Directors Commissioners Majority Directors Commissioners Majority PGE Shares
Shareholers Shareholers both direct and
indirect (shares)
Dewan Komisaris/Board of Commissioners
Komisaris Utama/
Komisaris
Independen/
Tidak Ada Tidak Ada Tidak Ada Tidak Ada Tidak Ada Tidak Ada Tidak Ada
Sarman Simanjorang President
Commissioner/
None None None None None None None
Independent
Commissioner
Komisaris
Independen/ Tidak Ada Tidak Ada Tidak Ada Tidak Ada Tidak Ada Tidak Ada Tidak Ada
Samsul Hidayat*
Independent None None None None None None None
Commissioner
Komisaris
Independen/ Tidak Ada Tidak Ada Tidak Ada Tidak Ada Tidak Ada Tidak Ada Tidak Ada
Sujit S. Parhar***
Independent None None None None None None None
Commissioner
Komisaris/ Tidak Ada Tidak Ada Tidak Ada Tidak Ada Tidak Ada Tidak Ada Tidak Ada
Iman Hilmansah**
Commissioner None None None None None None None
Direktur Utama
PT Pertamina
Power
Indonesia
Komisaris / Tidak Ada Tidak Ada Tidak Ada Tidak Ada Tidak Ada
Dannif Danusaputro*** President 50.000
Commissioner None None None None None Director PT
Pertamina
Power
Indonesia
Komisaris / Tidak Ada Tidak Ada Tidak Ada Tidak Ada Tidak Ada Tidak Ada Tidak Ada
Harris
Commissioner None None None None None None None
400 elevate Laporan Tahunan 2023 Annual Report
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Tata Kelola Perusahaan
Good Corporate Governance
Direksi/the Board of Directors
Direktur Utama/ Tidak Ada Tidak Ada Tidak Ada Tidak Ada Tidak Ada Tidak Ada Tidak Ada
Ahmad Yuniarto*
President Director None None None None None None None
Direktur Utama/ Tidak Ada Tidak Ada Tidak Ada Tidak Ada Tidak Ada Tidak Ada Tidak Ada
Julfi Hadi***
President Director None None None None None None None
Direktur Operasi
Tidak Ada Tidak Ada Tidak Ada Tidak Ada Tidak Ada Tidak Ada Tidak Ada
Eko Agung Bramantyo* /Director of
Operations
None None None None None None None
Direktur Operasi
Tidak Ada Tidak Ada Tidak Ada Tidak Ada Tidak Ada Tidak Ada Tidak Ada
Ahmad Yani*** /Director of
Operations
None None None None None None None
Direktur
Eksplorasi dan
Pengembangan/ Tidak Ada Tidak Ada Tidak Ada Tidak Ada Tidak Ada Tidak Ada Tidak Ada
Rachmat Hidajat
Director of None None None None None None None
Exploration and
Development
Direktur
Keuangan/ Tidak Ada Tidak Ada Tidak Ada Tidak Ada Tidak Ada Tidak Ada Tidak Ada
Nelwin Aldriansyah
Director of None None None None None None None
Finance
*Tidak lagi menjabat sejak 5 Juni 2023 | No longer in office since June 5, 2023.
**Tidak lagi menjabat sejak 19 Januari 2023 | No longer in office since January 19, 2023.
***Mulai menjabat sejak 5 Juni 2023 | Served since June 5, 2023.
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Page 402
Tata Kelola Perusahaan
Good Corporate Governance
keberagaman komposisi dewan komisaris
dan direksi
the diversity of the board of commissioners and the board of directors
Anggaran Dasar Perseroan dan Peraturan Otoritas Jasa The Company's Articles of Association and Regulation
Keuangan No. 33/POJK.04/2014 tentang Direksi of the Financial Services Authority (POJK) No. 33/
dan Dewan Komisaris Emiten atau Perusahaan Publik POJK.04/2014 on the Board of Directors and the Board of
menekankan pemilihan anggota Dewan Komisaris Commissioners of Issuers or Public Companies emphasize
dan Direksi yang berdasarkan pada keahlian, the selection of board members based on expertise,
integritas, kepemimpinan, pengalaman, perilaku integrity, leadership, experience, good behavior, and
yang baik serta dedikasi dalam memajukan dan dedication to advancing and developing the Company. The
mengembangkan Perseroan. Keberagaman komposisi diversity of the composition of the Board of Commissioners
Dewan Komisaris dan Direksi diharapkan dapat and the Board of Directors is expected to complement
saling melengkapi proses pengelolaan Perseroan. each other in the management process of the Company.
Dewan Komisaris dan Direksi Perseroan PGE memiliki The Board of Commissioners and the Board of Directors
beragam latar belakang usia, pendidikan dan keahlian of PGE Company have diverse backgrounds in terms of
yang dibutuhkan Perseroan. Seluruh anggota Dewan age, education, and expertise required by the Company.
Komisaris dan Direksi PGE memiliki keahlian dan All members of the Board of Commissioners and the
pengalaman di bidang Energi Baru Terbarukan (EBT) Board of Directors of PGE have expertise and experience
yang menjadi bisnis inti PGE. in the field of New Renewable Energy (NRE), which is the
core business of PGE.
402 elevate Laporan Tahunan 2023 Annual Report
Page 403
Tata Kelola Perusahaan
Good Corporate Governance
Latar Belakang Keterangan
Background Description
Nama Gender Usia
Name Gender Age S1 S2 S3
Manajemen Teknik Keuangan EBT Oil & Gas
Bachelor’s Master’s Doctoral
Management Engineering Finance NRE Oil & Gas
Degree degree degree
Dewan Komisaris/The Board of Commissioners
Komisaris Utama/
Komisaris
Independen/
Sarman Simanjorang President 58 - V - V - - V -
Commissioner/
Independent
Commissioner
Komisaris
Independen/
Sujit S. Parhar 53 - V - V - - V V
Independent
Commissioner
Komisaris/
Dannif Danusaputro 54 - V - - - V V -
Commissioner
Komisaris/
Harris 54 - V - - V - V -
Commissioner
Direksi/The Board of Directors
Direktur Utama/
Julfi Hadi 57 - V - V V V
President Director
Direktur Operasi/
Ahmad Yani Director of 46 - V - V V V
Operations
Direktur Eksplorasi
dan
Pengembangan/
Rachmat Hidajat 52 - V - V V V V
Director of
Exploration
and Development
Direktur
Nelwin Aldriansyah Keuangan/ 54 - V - V - V V -
Director of Finance
*Tidak lagi menjabat sejak 5 Juni 2023 | No longer in office since June 5, 2023.
**Tidak lagi menjabat sejak 19 Januari 2023 | No longer in office since January 19, 2023.
***Mulai menjabat sejak 5 Juni 2023 | Served since June 5, 2023.
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Tata Kelola Perusahaan
Good Corporate Governance
komite di bawah dewan komisaris
committee under the board of commissioners
Dewan Komisaris membentuk Komite di bawah Dewan The Board of Commissioners establishes Committees
Komisaris guna membantu pelaksanaan tugas dan under the Board of Commissioners to assist in carrying
tanggung jawab pengawasan, pemberian saran serta out oversight duties and responsibilities, providing advice,
rekomendasi. Komite-komite tersebut yaitu Komite as well as recommendations. These committees include
Audit, Komite Nominasi dan Remunerasi serta Komite the Audit Committee, Nomination and Remuneration
Investasi dan Manajemen Risiko. Selain itu, Dewan Committee, and Investment and Risk Management
Komisaris juga dibantu Sekretaris Dewan Komisaris. Committee. Additionally, the Board of Commissioners
is assisted by the Secretary to the Board of Commissioners.
Komite Audit Audit Committee
Komite Audit merupakan organ pendukung Dewan The Audit Committee is a supporting organ of the
Komisaris yang dibentuk untuk membantu pelaksanakan Board of Commissioners formed to assist in carrying
tugas dan fungsi pengawasan Dewan Komisaris out the oversight duties and functions of the Board of
atas pelaporan keuangan, pengendalian internal, Commissioners regarding financial reporting, internal
manajemen risiko, serta kepatuhan terhadap peraturan control, risk management, and compliance with
perundang-undangan yang berlaku. applicable regulations.
Pembentukan Komite Audit Perseroan telah sesuai The establishment of the Company's Audit Committee
dengan ketentuan dan peraturan perundang-undangan has complied with the following laws and regulations:
sebagai berikut:
1. Undang-Undang No. 40 Tahun 2007 tentang 1. Law No. 40 of 2007 on Limited Liability Companies.
Perseroan Terbatas.
2. Undang-Undang No. 19 Tahun 2003 tentang 2. Law No. 19 of 2003 on State-Owned Enterprises.
BUMN.
3. Peraturan Menteri Negara Badan Usaha Milik 3. Regulation of the Minister of State-Owned Enterprises
Negara Nomor PER-06/MBU/04/2021 tahun 2021 No. PER-06/MBU/04/2021 on Amendments
tentang Perubahan Atas Peraturan Menteri Badan to the Regulation of the Minister of State-Owned
Usaha Milik Negara Nomor PER-12/MBU/2012 Enterprises No. PER-12/MBU/2012 dated
tanggal 24 Agustus 2012 tentang Organ Pendukung August 24, 2012, on the Supporting Organs of the
Dewan Komisaris/Dewan Pengawas Badan Usaha Board of Commissioners/Board of Supervisors of
Milik Negara. State-Owned Enterprises.
4. Peraturan Menteri Negara BUMN 4. Regulation of the Minister of State-Owned
No. Per-2/ MBU/03/2023 tentang Pedoman Tata Enterprises No. Per-2/MBU/03/2023 on Manual
Kelola dan Kegiatan Korporasi Signifikan Badan for Governance and Significant Corporate Activities
Usaha Milik Negara. of State-Owned Enterprises.
404 elevate Laporan Tahunan 2023 Annual Report
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Tata Kelola Perusahaan
Good Corporate Governance
Komposisi Komite Audit Composition of the Audit Committee
Komite Audit Perseroan dibentuk berdasarkan Surat The Company's Audit Committee is formed based on
Keputusan No. 010/Kpts/DK-PGE/2022-S0 tanggal Decree No. 010/Kpts/DK-PGE/2022-S0 dated March
1 Maret 2022 tentang Penetapan Dan Pengangkatan 1, 2022, on the Determination and Appointment of
Anggota Komite Audit Dewan Komisaris PT Pertamina Members of the Audit Committee of the Board of
Geothermal Energy, serta pembaruan Surat Keputusan Commissioners of PT Pertamina Geothermal Energy, and
Dewan Komisaris No.Kpts-019/DK/PGE/2023-S0 the updated Decree of the Board of Commissioners No.
tanggal 20 Juni 2023 tentang Penetapan dan Kpts-019/DK/PGE/2023-S0 dated June 20, 2023, on
Pengangkatan Anggota Komite Audit Dewan Komisaris the Determination and Appointment of Members of the
PT Pertamina Geothermal Energy Tbk dengan komposisi Audit Committee of the Board of Commissioners of PT
per 31 Desember 2023 dengan komposisi sebagai Pertamina Geothermal Energy Tbk, with the composition
berikut: as of December 31, 2023, as follows:
Nama Jabatan Periode Menjabat
Name Position Term of Office
Samsul Hidayat Ketua/Chairperson 25 Februari | February 2022 - 5 Juni | June 2023
Sarman Simanjorang Ketua/Chairperson 5 Juni | June - Desember | December 2023
Bintang Sarwo Budhi Anggota/Member 25 Februari | February 2022 - Desember | December 2023
Qatro Romandhi Anggota/Member 25 Februari | February 2022 - Desember | December 2023
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Tata Kelola Perusahaan
Good Corporate Governance
Profil Komite Audit per 31 Desember 2023
Audit Committee Profile as of December 31, 2023
SARMAN SIMANJORANG
Ketua Komite Audit
Chairperson of the Audit Committee
Dasar hukum penugasan sebagai Ketua Komite Audit The legal basis for the appointment as Chair of the Audit
adalah Surat Keputusan Dewan Komisaris No.Kpts-019/ Committee is Decree No. Kpts-019/DK/PGE/2023-S0
DK/PGE/2023-S0 tanggal 20 Juni 2023 tentang dated June 20, 2023, on the Determination and Appointment
Penetapan dan Pengangkatan Anggota Komite Audit of Members of the Audit Committee of the Board of
Dewan Komisaris PT Pertamina Geothermal Energy Tbk. Commissioners of PT Pertamina Geothermal Energy Tbk.
Bapak Sarman Simanjorang juga merupakan Komisaris Mr. Sarman Simanjorang also serves as the President
Utama / Komisaris Independen PGE dan memiliki Commissioner/Independent Commissioner of PGE and
keahlian di bidang Ekonomi dan Manajemen. Profil possesses expertise in Economics and Management. His
beliau dapat dilihat pada bagian Profil Dewan Komisaris profile can be found in the Board of Commissioners Profile
di Bab Profil Perusahaan pada Laporan Tahunan ini. section of this Annual Report.
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Tata Kelola Perusahaan
Good Corporate Governance
BINTANG SARWO BUDHI
Anggota Komite Audit
Audit Committee Member
Kewarganegaraan: Warga Negara Indonesia
Nationality : Indonesian Citizen
Usia: 57 tahun
Age : 57 years old
Domisili: Bogor
Domicile : Bogor
Surat Keputusan Dewan Komisaris No. 010/Kpts/DK-PGE/2022-S0 tanggal dan perubahan Surat
Keputusan No. Kpts-019/DK/PGE/2023-S0 Tanggal 20 Juni 2023 Tentang Penetapan Dan Pengangkatan
Dasar Hukum Penunjukan: Anggota Komite Audit Dewan Komisaris PT Pertamina Geothermal Energy Tbk
Legal Basis for Appointment : Decree of the Board of Commissioners No. 010/Kpts/DK-PGE/2022-S0 dated and the amendment Decree
No. Kpts-019/DK/PGE/2023-S0 dated June 20, 2023, on the Determination and Appointment of Members
of the Audit Committee of the Board of Commissioners of PT Pertamina Geothermal Energy Tbk.
Periode Menjabat: 25 Februari 2022 – sekarang
Term of Office: February 25, 2022 – present
Latar Belakang Pendidikan: Diploma 4 Akuntansi, Sekolah Tinggi Akuntansi Negara (1994)
Educational Background: Diploma 4 in Accounting, State College of Accountancy (1994)
Sertifikasi Sertifikat CA (Chartered Accountant)
Certifications CA (Chartered Accountant) Certificate
Bidang Keahlian: Akuntansi, Audit
Areas of Expertise: Accounting, Auditing
• Auditor BPKP(1994 – 2015)
• Komite GCG dan Manajemen Risiko PT Kimia Farma Tbk (2016- 2021)
• Komite Investasi PGE (2021 – 2022)
• Auditor Ahli Madya Kementerian BUMN (2015- 2021)
• Komite Audit PGE (2022- sekarang)
Pengalaman Kerja:
Work Experience • Auditor at BPKP (1994 – 2015)
• GCG and Risk Management Committee of PT Kimia Farma Tbk (2016- 2021)
• Investment Committee at PGE (2021 – 2022)
• Senior Auditor at the Ministry of State-Owned Enterprises (BUMN) (2015- 2021)
• Audit Committee at PGE (2022- present)
Rangkap Jabatan: Tidak memiliki rangkap jabatan apapun
Concurrent Positions: Not holding any concurrent positions.
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Tata Kelola Perusahaan
Good Corporate Governance
QATRO ROMANDHI
Anggota Komite Audit
Audit Committee Member
Kewarganegaraan: Warga Negara Indonesia
Nationality : Indonesian Citizen
Usia: 46 tahun
Age : 46 years old
Domisili: Jakarta Timur
Domicile : East Jakarta
Berdasarkan Surat Keputusan No. 010/Kpts/DK-PGE/2022-S0 tanggal 1 Maret 2022 dan perubahan Surat
Keputusan No. Kpts-019/DK/PGE/2023-S0 Tanggal 20 Juni 2023 Tentang Penetapan Dan Pengangkatan
Dasar Hukum Penunjukan: Anggota Komite Audit Dewan Komisaris PT Pertamina Geothermal Energy Tbk
Legal Basis for Appointment : Based on Decree No. 010/Kpts/DK-PGE/2022-S0 dated March 1, 2022, and the amendment to Decree
No. Kpts-019/DK/PGE/2023-S0 dated June 20, 2023, on the Determination and Assignment of the Audit
Committee Members of the Board of Commissioners of PT Pertamina Geothermal Energy Tbk.
Periode Menjabat: 25 Februari 2022 – sekarang
Term of Office: February 25, 2022 – present
• Sarjana Teknik Elektro, Institut Sains dan Teknologi Nasional (ISTN) Jakarta (1999)
• Magister Manajemen Teknologi, Institut Sains dan Teknologi Nasional (ISTN) Jakarta (2004)
• Master of Science Energy Management, University of Twente Belanda (2008)
Latar Belakang Pendidikan:
Educational Background: • Bachelor of Electrical Engineering, National Institute of Science and Technology (ISTN) Jakarta (1999)
• Master of Technology Management, National Institute of Science and Technology (ISTN) Jakarta (2024)
• Master of Science in Energy Management, University of Twente, Netherlands 2008
• CRMO (Certified Risk Management Officer)
Sertifikasi
• Ahli Manajemen Risiko Organisasi Terintegrasi | Integrated Organizational Risk Management Expert
Certifications
• Sistem Manajemen Risiko | Risk Management Systems
Analis energi, Manajemen Risiko (CRMO dan CRMP), Good Corporate Governance, Audit, Perencanaan
Bidang Keahlian: Anggaran
Areas of Expertise: Energy Analyst, Risk Management (CRMO and CRMP), Good Corporate Governance, Audit, Budget
Planning
408 elevate Laporan Tahunan 2023 Annual Report
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Tata Kelola Perusahaan
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• Koordinator Rencana dan Laporan, Fungsional Perencana Madya Sekretariat Direktorat Jenderal,
Direktur Jenderal Energi Baru, Terbarukan, dan Konservasi Energi (EBTKE) (2020-sekarang)
• Kepala Bagian Rencana dan Laporan Sekretariat Direktorat Jenderal, Direktur Jenderal Energi Baru,
Terbarukan, dan Konservasi Energi (EBTKE) (2016-2020)
• Kepala Seksi Implementasi Teknologi Energi Bersih Direktorat Konservasi Energi, Direktur Jenderal
Energi Baru, Terbarukan, dan Konservasi Energi (EBTKE) (2015-2016)
• Kepala Seksi Prakiraan Kebutuhan Energi Direktorat Konservasi Energi, Direktur Jenderal Energi Baru,
Terbarukan, dan Konservasi Energi (EBTKE) (2011-2015)
• Kepala Seksi Program Pemanfaatan Energi Direktorat Pemanfaatan Energi, Direktur Jenderal Energi
Baru, Terbarukan, dan Konservasi Energi (EBTKE) (2009-2011)
Pengalaman Kerja:
Work Experience • Coordinator of Planning and Reporting, Senior Planning Officer at the Directorate General Secretariat,
Directorate General of New, Renewable Energy, and Energy Conservation (EBTKE) (2020-present)
• Head of Planning and Reporting Section at the Directorate General Secretariat, Directorate General of
New, Renewable Energy, and Energy Conservation (EBTKE) (2016-2020)
• Head of Clean Energy Technology Implementation Section at the Energy Conservation Directorate,
Directorate General of New, Renewable Energy, and Energy Conservation (EBTKE) (2015-2016)
• Head of Energy Demand Forecasting Section at the Energy Conservation Directorate, Directorate
General of New, Renewable Energy, and Energy Conservation (EBTKE) (2011-2015)
• Head of Energy Utilization Program Section at the Energy Utilization Directorate, Directorate General of
New, Renewable Energy, and Energy Conservation (EBTKE) (2009-2011)
Koordinator Perencanaan Program dan Anggaran, Fungsional Perencana Madya pada
Biro Perencanaan, Sekretariat Jenderal Kementerian Energi dan Sumber Daya Mineral
Rangkap Jabatan:
(2024 – Sekarang)
Concurrent Positions:
Coordinator of Program and Budget Planning, Senior Planning Officer at the Planning Bureau, Secretariat
General of the Ministry of Energy and Mineral Resources (2024 – Present)
Tidak memiliki hubungan afiliasi dengan anggota Dewan Komisaris, Direksi dan Pemegang Saham Pengendali
Hubungan Afiliasi:
Having no affiliations with members of the Board of Commissioners, the Board of Directors, and Controlling
Affiliation Relations:
Shareholders.
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Tata Kelola Perusahaan
Good Corporate Governance
Independensi Komite Audit The Independence of Audit Committee
Perseroan menerapkan independensi anggota Komite The independence of the Audit Committee is ensured
Audit melalui Komisaris Independen yang menjabat by appointing an Independent Commissioner as the
sebagai Ketua Komite Audit, dan status anggota Komite Chairperson of the Audit Committee, along with other
Audit lainnya yang merupakan pihak eksternal yang members of the Audit Committee who are external
independen. Hal ini sesuai dengan penerapan kriteria parties and independent. This is in accordance with the
independensi anggota Komite Audit di dalam Peraturan criteria for independence of Audit Committee members
Otoritas Jasa Keuangan No.55/POJK.04/2015 tentang as outlined in Regulation of the Financial Services
Pembentukan dan Pedoman Pelaksanaan Kerja Komite Authority No. 55/POJK.04/2015 on the Establishment
Audit. and Manual for the Implementation of Audit Committees.
Pernyataan Independensi Komite Audit
Statement of Independence of the Audit Committee
Pernyataan Independensi Sarman Samsul Bintang Qatro
No
Statement of Independence Simanjorang Hidayat Sarwo Budhi Romandhi
1 Tidak bekerja atau memiliki wewenang untuk
merencanakan, memimpin, mengendalikan, atau
mengawasi kegiatan Perseroan dalam 6 bulan terakhir;
Having not worked for or having the authority to plan, V V V V
lead, control, or supervise the Company’s activities in the
last 6 months.
2 Tidak secara langsung maupun tidak langsung memiliki
saham di Perseroan
Does not directly or indirectly own shares in the Company.
V V V V
Tidak memiliki hubungan afiliasi dengan Perseroan atau
pemegang saham utama/pengendali atau salah satu
anggota Dewan Komisaris atau Direksi.
3 V V V V
Does not have any affiliations with the Company or its
majority/controlling shareholders, or any member of the
Board of Commissioners or the Board of Directors.
Tidak memiliki hubungan kerja/ profesional langsung
maupun tidak langsung dengan Perseroan
4 V V V V
Does not have any direct or indirect employment/
professional relationship with the Company.
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Tata Kelola Perusahaan
Good Corporate Governance
Piagam Komite Audit The Audit Commiitee Charter
Piagam Komite Audit ditetapkan oleh Dewan Komisaris The Audit Committee Charter is established by the
Perseroan di Jakarta melalui Surat Keputusan Dewan Board of Commissioners of the Company in Jakarta
Komisaris No.Kpts-019/DK/PGE/2023-S0 tentang through the Board of Commissioners' Decree No.
Penetapan dan Pengangkatan Anggota Komite Audit Kpts-019/DK/PGE/2023-S0 on the Determination
Dewan Komisaris PT Pertamina Geothermal Energy Tbk and Appointment of the Audit Committee Members
tanggal 20 Juni 2022. of the Board of Commissioners of PT Pertamina
Geothermal Energy Tbk dated June 20, 2022.
Piagam Komite Audit merupakan pedoman kerja Komite The Audit Committee Charter is a manual for the Audit
Audit yang menjelaskan secara garis besar hal-hal yang Committee's work, outlining the responsibilities and
berkenaan dengan tugas dan tanggung jawab Komite duties of the Audit Committee in assisting the oversight
Audit dalam membantu pelaksanaan pengawasan function of the Board of Commissioners. This Charter is
Dewan Komisaris. Piagam Komite Audit ini disusun untuk: designed to:
• Menjadi rujukan/pedoman tentang tugas, tanggung • Serve as a reference/manual regarding the duties,
jawab, dan wewenang Komite Audit; responsibilities, and authority of the Audit Committee.
• Meningkatkan kualitas dan efektivitas kerja Komite • Enhance the quality and effectiveness of the Audit
Audit sebagai organ pendukung Dewan Komisaris; Committee's work as a supporting body of the Board
of Commissioners.
• Menerapkan prinsip-prinsip GCG di setiap kegiatan
Perseroan secara konsisten. • Implement corporate governance principles
consistently in every Company activity.
Isi piagam Komite Audit mencakup: The contents of the Audit Committee Charter encompass:
• Pendahuluan • Introduction
• Tujuan • Objectives
• Komposisi, struktur, masa tugas dan persyaratan • Composition, structure, term of service, and
keanggotaan Komite Audit. membership requirements of the Audit Committee.
• Tugas, tanggung jawab dan wewenang • Duties, responsibilities, and authorities
• Tata cara, prosedur kerja dan penyelenggaraan • Procedures, working methods, and conduct of
rapat meetings
• Sistem pelaporan kegiatan • Activity reporting system
• Penanganan pengaduan atau pelaporan • Handling of complaints or reports related to alleged
sehubungan dengan dugaan
• Pelanggaran terkait pelaporan keuangan • Violations of financial reporting.
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Tata Kelola Perusahaan
Good Corporate Governance
Tugas dan Tanggung Jawab Komite Duties and responsibilities of the Audit
Audit Committee
Komite Audit memiliki tugas dan tanggung jawab: The Audit Committee is tasked with the following duties
and responsibilities:
1. Menelaah informasi keuangan yang akan 1. Reviewing financial information to be disclosed
dikeluarkan oleh Perseroan kepada publik dan/ by the Company to the public and/or regulatory
atau pihak otoritas antara lain Laporan Keuangan, authorities, including Financial Statements, outlook,
proyeksi dan laporan lainnya yang terkait dengan and other reports related to the Company’s financial
informasi keuangan Perseroan; information.
2. Menelaah ketaatan terhadap peraturan 2. Reviewing compliance with regulations
perundang-undangan yang berhubungan dengan related to the Company’s activities.
kegiatan Perseroan;
3. Memberikan pendapat independen dalam hal 3. Providing independent opinions in cases of
terjadinya perbedaan pendapat antara manajemen disagreement between management and
dan akuntan atas jasa yang diberikan; accountants regarding services rendered.
4. Memberikan rekomendasi kepada Dewan Komisaris 4. Recommending to the Board of Commissioners the
mengenai penunjukan Kantor Akuntan Publik yang appointment of Public Accounting Firms based on
didasarkan pada independensi, ruang lingkup independence, scope of work, and compensation.
penugasan dan imbalan jasa;
5. Mendiskusikan rencana audit yang meliputi sifat 5. Discussing audit plans, including the nature and
dan ruang lingkup audit, menelaah kecukupan scope of the audit, reviewing the adequacy of
pemeriksaan dengan mempertimbangkan semua examinations considering all significant risks, and
risiko penting, dan memastikan koordinasi bila ensuring coordination if more than one Public
ditugaskan lebih dari 1 (satu) Akuntan Publik; Accountant is assigned.
6. Menelaah perencanaan, pelaksanaan dan 6. Reviewing the planning, implementation, and
mengawasi pelaksanaan tidak lanjut oleh Direksi monitoring of follow-up actions by the Board of
atas temuan auditor internal maupun eksternal; Directors on internal and external auditor findings.
7. Menelaah dan melaporkan kepada Dewan 7. Reviewing and reporting to the Board of
Komisaris atas pengaduan yang berkaitan dengan Commissioners on complaints related to the
proses akuntansi dan pelaporan keuangan Company’s accounting processes and financial
Perseroan, termasuk apabila terdapat dugaan reporting, including if there are allegations of
adanya kesalahan keputusan rapat Direksi atau errors in Board meeting decisions or deviations from
penyimpangan pelaksanaan hasil keputusan rapat the implementation of Board meeting decisions.
Direksi;
8. Apabila diperlukan, Komite Audit dapat melakukan 8. If necessary, the Audit Committee may conduct
pemeriksaan baik oleh Komite Audit sendiri maupun examinations either by the Audit Committee itself
dengan menugaskan pihak ketiga. Laporan tersebut or by appointing third parties. The report must be
harus diserahkan kepada Dewan Komisaris selambat- submitted to the Board of Commissioners no later
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Tata Kelola Perusahaan
Good Corporate Governance
lambatnya 2 (dua) hari kerja setelah selesainya than 2 (two) business days after the completion of
laporan; the report.
9. Menelaah dan memberikan saran kepada Dewan 9. Reviewing and providing advice to the Board of
Komisaris terkait dengan adanya potensi benturan Commissioners regarding potential conflicts of
kepentingan Perseroan, yaitu dalam hal terdapat interest of the Company, i.e., in cases where there
perbedaan antara kepentingan ekonomis Perseroan are differences between the Company’s economic
dengan kepentingan ekonomis pribadi pemilik, interests and the personal economic interests of
anggota Dewan Komisaris, anggota Direksi, Pejabat owners, members of the Board of Commissioners,
Eksekutif, dan/atau pihak terkait dengan Perseroan; members of the Board of Directors, Executive
Officers, and/or related parties to the Company.
10. Membantu Dewan Komisaris dalam melakukan 10. Assisting the Board of Commissioners in actively
pengawasan aktif terhadap fungsi kepatuhan overseeing compliance functions by:
dengan:
• Evaluating the implementation of the Company’s
• Mengevaluasi pelaksanaan Fungsi Kepatuhan Compliance Function regarding internal
Perseroan terhadap peraturan internal regulations and legal requirements related to
dan peraturan perundang-undangan yang the Company’s activities at least twice a year.
berhubungan dengan kegiatan Perseroan
paling kurang 2 (dua) kali dalam 1 (satu) tahun;
• Providing recommendations to enhance the
• Memberikan saran-saran dalam rangka quality of the Company’s compliance function.
meningkatkan kualitas fungsi kepatuhan
Perseroan;
• Offering recommendations to the Board of
• Memberikan rekomendasi kepada Dewan Commissioners on the appointment, dismissal, and
Komisaris mengenai pengangkatan, performance evaluation of the Head of Internal
pemberhentian serta penilaian kinerja Kepala Audit Unit (SKAI).
Unit Audit Internal (SKAI);
• Maintaining the confidentiality of the Company’s
• Menjaga kerahasiaan dokumen, data dan documents, data, and information.
informasi Perseroan; dan
• Reviewing the activities of risk management carried
• Melakukan penelaahan terhadap aktivitas out by the Board of Directors.
pelaksanaan manajemen risiko yang dilakukan
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Tata Kelola Perusahaan
Good Corporate Governance
Wewenang Komite Audit Authority of the Audit Committee
Wewenang Komite Audit antara lain: TThe authority of the Audit Committee includes:
• Mengakses dokumen, data, dan informasi Perseroan • Accessing documents, data, and information of the
tentang pekerja, dana, aset, dan sumber daya Company regarding employees, funds, assets, and
Perseroan yang diperlukan untuk melaksanakan Company resources necessary to carry out its duties.
tugasnya.
• Berkomunikasi langsung dengan pekerja, termasuk • Direct communication with employees, including the
Direksi dan pihak yang menjalankan fungsi audit Board of Directors and parties responsible for internal
internal, manajemen risiko, dan auditor eksternal audit functions, risk management, and external
terkait tugas dan tanggung jawabnya. auditors regarding its duties and responsibilities.
• Melibatkan pihak independen di luar anggota • Involving independent parties outside of the Audit
Komite Audit yang diperlukan untuk membantu Committee's membership, if necessary, to assist in the
pelaksanaan tugasnya (jika diperlukan) setelah execution of its duties after obtaining approval from
memperoleh persetujuan dari Dewan Komisaris; the Board of Commissioners.
• Melakukan wewenang lain yang diberikan oleh • Exercising other authorities granted by the Board of
Dewan Komisaris. Commissioners.
Kebijakan dan Pelaksanaan Rapat Policy and Implementation of Audit
Komite Audit Committee Meetings
Berdasarkan piagam Komite Audit, rapat internal Komite Based on the Audit Committee charter, internal Audit
Audit wajib dilakukan minimal 6 (enam) kali, sedangkan Committee meetings must be conducted at least 6 (six)
rapat gabungan Komite Audit wajib dilakukan sebanyak times, while joint Audit Committee meetings must be held
atau sekurang-kurangnya 12 kali. as many as or at least 12 times.
Selama tahun 2023, Komite Audit melaksanakan During the year 2023, the Audit Committee held internal
rapat internal sebanyak 4 (empat) kali dengan tingkat meetings 4 (four) times with an average attendance rate
rata-rata kehadiran anggota Komite Audit mencapai of 100% of the Audit Committee members. Decisions in
100%. Keputusan rapat diambil berdasarkan musyawarah the meetings are made through amicable deliberation,
untuk mufakat dan proses yang berlangsung dalam rapat and the proceedings of the meetings are documented
dituangkan dalam risalah rapat yang ditandatangani in minutes of meeting signed by all attending Audit
seluruh anggota Komite Audit yang hadir. Committee members.
Selain itu, Komite Audit juga menghadiri rapat gabungan Additionally, the Audit Committee also attended joint
Dewan Komisaris dengan Direksi sebanyak 15 kali dan meetings with the Board of Commissioners and the Board
rapat gabungan fungsi sebanyak 47 kali. of Directors 15 times and joint functional meetings 47
times.
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Tata Kelola Perusahaan
Good Corporate Governance
1) Kehadiran Komite Audit dalam Rapat 1) Attendance of the Audit Committee in
Internal Internal Meetings
Agenda Rapat Internal
Internal Meetings Agenda
Peserta Rapat
Meeting Participants
Tanggal Agenda
Date Agenda SS SH BSB QR
Pembahasan RKA dan Piagam Audit, Pada
10 Februari |
Tanggal 10 Februari 2023 V V V
February 2023
Discussion of RKA and Audit Charter, on February 10, 2023
Pelaporan Kegiatan Semester I Tahun 2023 Komite Audit
11 Mei | May PGE
V V V
2023 Reporting of Activities for the First Semester of 2023 by the
PGE Audit Committee
Diskusi Komite Audit SH PNRE: Perbaikan Proses Pengusulan
Investasi Anorganik Proyek Geothermal Way Ratai
27 November
Audit Committee Discussion on SH PNRE: Improvement of V V V
2023
the Inorganic Investment Proposal Process for the Way Ratai
Geothermal Project
1. Laporan Semester I Tahun 2023 Komite Audit
2. Revew kinerja PGE Semester I Tahun 2023, dan
3. Telaah Laporan Keuangan PGE Tahun buku 2022.
1. First Semester Report for the Year 2023 by the Audit
18 Agustus | Au-
Committee V V V
gust 2023
2. Review of PGE’s Performance for the First Semester
of 2023, and
3. Examination of PGE’s Financial Report for the 2022
Fiscal Year.
SS: Sarman Simanjorang, SH: Samsul Hidayat, BSB: Bintang Sarwo Budhi, QR: Qatro Romandhi
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Tata Kelola Perusahaan
Good Corporate Governance
Frekuensi dan Kehadiran Komite Audit dalam Rapat Internal
Frequency and Attendance of the Audit Committee in Internal Meetings
Nama Jabatan Jumlah Pertemuan Kehadiran Tingkat Kehadiran
Name Position Number of Meetings Attendance Attendance Rate
Samsul Hidayat* Ketua/Chairperson 4 2 100%
Sarman Simanjorang** Ketua/Chairperson 4 2 100%
Bintang Sarwo Budhi Anggota/Member 4 4 100%
Qatro Romandhi Anggota/Member 4 4 100%
*Tidak lagi menjabat sejak 5 Juni 2023 | No longer in since June 5, 2023.
** Mulai menjabat sejak 5 Juni 2023 | Served since June 5, 2023
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Tata Kelola Perusahaan
Good Corporate Governance
2) Kehadiran Komite Audit dalam Rapat 2) Attendance of the Audit Committee in the
Gabungan Dewan Komisaris dan Direksi Joint Meeting of the Board of Commissioners
and the Board of Directors
Agenda Rapat Gabungan Dewan Komisaris dengan Direksi
Agenda of the Joint Meeting of the Board of Commissioners and the Board of Directors
Peserta Rapat
Meeting Participants
Tanggal Agenda
Date Agenda
SS SH BSB QR
19 Januari |
BOC-BOD Special Meeting: Update IPO Progress V V V
January 2023
Rapat BOD-BOC
1. Review/Tindak Lanjut Agenda Rapat Sebelumnya
2. Executive Summary dan Kinerja Perseroan Desember
2022
24 Januari |
V V V
January 2023
BOD-BOC Meeting
1. Review/Follow-up from Previous Meeting
2. Executive Summary and Company Performance
December 2022
2 Februari | Diskusi Peraturan Presiden No. 112 Tahun 2022
V V V
February 2023 Discussion on Presidential Regulation No. 112 of 2022
Rapat BOD-BOC
1. Review/Tindak Lanjut Hasil Rapat Sebelumnya
2. Executive Summary dan Kinerja Perseroan Januari 2023
3. Review Kinerja PGE Tahun 2022
17 Februari |
V V V
February 2023 BOD-BOC Meeting
1. Review/Follow-up from Previous Meeting
2. Executive Summary and Company Performance January
2023
3. Review of PGE Performance 2022
10 Maret | March Update Progress Audit Laporan Keuangan tahun 2022 PGE
V V V
2023 Update on 2022 PGE Financial Report Audit Progress
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Tata Kelola Perusahaan
Good Corporate Governance
Rapat BOD-BOC Kinerja Februari 2023
1. Review/Tindak Lanjut Hasil Rapat Sebelumnya
2. Executive Summary dan Kinerja Perseroan Februari
2023
3. Pembahasan observer untuk aktivitas PGE
21 Maret | March
V V V
2023
BOD-BOC Meeting Performance Review February 2023
1. Review/Follow-up from Previous Meeting
2. Executive Summary and Company Performance
February 2023
3. Discussion on observer for PGE activities
31 Maret | March Pembahasan observer untuk aktivitas PGE
V V V
2023 Discussion on observer for PGE activities
Rapat BOD-BOC
1. Review/Tindak Lanjut Hasil Rapat Sebelumnya
2. Executive Summary dan Kinerja Perseroan Maret 2023
17 April 2023 V V V
BOD-BOC Meeting
1. Review/Follow-up from Previous Meeting
2. Executive Summary and Company Performance March
2023
Rapat Pelaporan Kegiatan Triwulan I Tahun 2023 Fungsi
11 Mei | May
Internal Audit PGE V V V
2023
First Quarter 2023 Internal Audit Function Activity Reporting
Rapat BOD-BOC
1. Review/Tindak Lanjut Hasil Rapat Sebelumnya
2. Executive Summary dan Kinerja Perseroan Maret 2023
16 Mei | May
V V V
2023 BOD-BOC Meeting
1. Review/Follow-up from Previous Meeting
2. Executive Summary and Company Performance April
2023
Rapat BOD-BOC
1. Review/Tindak Lanjut Hasil Rapat Sebelumnya
2. Executive Summary dan Kinerja Perseroan Mei 2023
3. Analisis Asset Under Construction-Mitigasi Risiko
Impairment
4. Analisis foreign exchange exposure- Yen dan IDR
terhadap USD
26 Juni | June 2023 v v V
BOD-BOC Meeting
1. Review/Follow-up from Previous Meeting
2. Executive Summary and Company Performance May
2023
3. Asset Under Construction Analysis-Risk Mitigation
4. Foreign Exchange Exposure Analysis-Yen and IDR
against USD
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Tata Kelola Perusahaan
Good Corporate Governance
Rapat Gabungan Komite Audit dan Fungsi, Pembahasan
Program Kerja Komite Audit dan Internal Audit dan Current
issues yang sedang dihadapi
13 Juli | July 2023 V V V
Joint Meeting of Audit and Functional Committees, Discussion
on Audit and Internal Audit Work Programs and Current
Issues
Rapat BOD BOC
1. Review/Tindak Lanjut Hasil Rapat Sebelumnya
2. Executive Summary dan Kinerja Perseroan Juni 2023
26 Juli | July 2023 V V V
BOD-BOC Meeting
1. Review/Follow-up from Previous Meeting
2. Executive Summary and Company Performance June
2023
Pembahasan Revisi OE KAP untuk Audit Laporan Keuangan
24 Agustus | PGE Tahun 2023
V V V
August 2023 Discussion on Revision of OE KAP for 2023 PGE Financial
Statement Audit
Rapat BOD BOC
1. Review/Tindak Lanjut Hasil Rapat Sebelumnya
2. Executive Summary dan Kinerja Perseroan Juli 2023
3. Laporan hasil perjalanan dinas ke Kenya dan
keterkaitan dengan kerjasama Panas Bumi
31 Agustus |
V V V
August 2023 BOD-BOC Meeting
1. Review/Follow-up from Previous Meeting
2. Executive Summary and Company Performance July
2023
3. Report on Business Trip to Kenya and its Linkage with
Geothermal Cooperation
31 Agustus | Rapat Evaluasi Kinerja Semester I Tahun 2023 PGE
V V V
August 2023 Semester I 2023 Performance Evaluation Meeting
Kick Off Meeting Audit Laporan Keuangan Konsolidasian
5 September Pertamina NRE Tahun Buku 2023
V V V
2023 Kick Off Meeting for the Consolidated Financial Statements
Audit for Pertamina NRE 2023 Fiscal Year
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Tata Kelola Perusahaan
Good Corporate Governance
Diskusi Surat Rekomendasi Komite Audit perihal penunjukan
KAP
7 September
Discussion on Audit Committee Recommendation Letter V V V
2023
regarding the appointment of Public Accountants or Audit
Firm
Rapat BOD BOC
1. Review/Tindak Lanjut Hasil Rapat Sebelumnya
2. Kinerja Perseroan Agustus 2023
3. Pendanaan Proyek Sirius
4. Pendirian Perusahaan Patungan Pengelola WKP Way
29 September Ratai
V V V
2023
BOD-BOC Meeting
1. Review/Follow-up from Previous Meeting
2. August 2023 Company Performance
3. Financing Project Sirius
4. Establishment of Joint Venture Company WKP Way Ratai
Rapat Koordinasi Komite Audit dan Laporan Triwulan III IA
20 Oktober | PGE 2023
V V V
October 2023 Coordination Meeting of Audit Committee and Q3 IA PGE
2023 Report
Rapat BOD BOC
1. Update Proyek Geothermal Way Ratai dan Seulawah
2. NBO Proyek Pertumbuhan Anorganik
3. Reaktivasi Sibayak & Pertumbuhan Anorganik
4. Evaluasi atas implementasi organ struktur PGE
terhadap rencana pengembangan bisnis
5. RKAP PGE 2024
6. Review/tindak lanjut hasil rapat sebelumnya
7. Executive summary
8. Kinerja Perseroan September 2023
29 Oktober |
V V V
October 2023 BOD-BOC Meeting
1. Update on Geothermal Project Way Ratai and
Seulawah
2. NBO Project Inorganic Growth
3. Sibayak Reactivation & Inorganic Growth
4. Evaluation of PGE’s Organizational Structure
Implementation on Business Development Plan
5. PGE 2024 RKAP
6. Review/Follow-up from Previous Meeting
7. Executive Summary
8. September 2023 Company Performance
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Tata Kelola Perusahaan
Good Corporate Governance
Diskusi Pembahasan Konfirmasi Surat Tanggapan atas
1 November Laporan Penunjukan AP dan/atau KAP PGE
V V V
2023 Discussion on Confirmation Letter Response regarding the
Appointment of AP and/or KAP PGE
Rapat BOD BOC
1. Review/Tindak Lanjut Hasil Rapat Sebelumnya
2. Kinerja Perseroan Oktober 2023
29 November
V V V
2023
BOD-BOC Meeting
1. Review/Follow-up from Previous Meeting
2. October 2023 Company Performance
Rapat BOD BOC
1. Review/Tindak Lanjut Hasil Rapat Sebelumnya
2. Kinerja Perseroan November 2023
29 Desember |
V V V
December 2023
BOD-BOC Meeting
1. Review/Follow-up from Previous Meeting
2. November 2023 Company Performance
SS: Sarman Simanjorang, SH: Samsul Hidayat, BSB: Bintang Sarwo Budhi, QR: Qatro Romandhi
Frekuensi dan Kehadiran Komite Audit dalam Rapat Gabungan Dewan Komisaris dan
Direksi
Frequency and Attendance of the Audit Committee in Joint Meetings of the Board of Commissioners
and the Board of Directors
Nama Jabatan Jumlah Pertemuan Kehadiran Tingkat Kehadiran
Name Position Number of Meetings Attendance Attendance Rate
Samsul Hidayat* Ketua/Chairperson 10 10 100%
Sarman Simanjorang** Ketua/Chairperson 14 14 100%
Bintang Sarwo Budhi Anggota/Member 24 24 100%
Qatro Romandhi Anggota/Member 24 24 100%
*Tidak lagi menjabat sejak 5 Juni 2023 | No longer in since June 5, 2023.
** Mulai menjabat sejak 5 Juni 2023 | Served since June 5, 2023
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Tata Kelola Perusahaan
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3) Kehadiran Komite Audit dalam Rapat 3) Attendance of the Audit Committee in Joint
Gabungan Fungsi Functional Meetings
Agenda Rapat Gabungan Fungsi
Joint Functional Meetings Agenda
Peserta Rapat
Tanggal Agenda Meeting Participants
Date Agenda
SS SH BSB QR
27 Januari | Pemaparan Peluang Proyek Pertumbuhan Anorganik
v v v
January 2023 Presentation on Inorganic Growth Project Opportunities
30 Januari | Review Kinerja PGE Tahun 2022
v v v
January 2023 Performance Review of PGE in 2022
1 Februari | Pemaparan Review Kinerja PGE Tahun 2022
v v v
February 2023 Presentation of PGE Performance Review for 2022
2 Februari | Diskusi Peraturan Presiden No. 112 Tahun 2022
v v v
February 2023 Discussion on Presidential Regulation No. 112 of 2022
Simulasi Penilaian Kinerja Direksi, Dewan Komisaris &
3 Februari | Komite
v v v
February 2023 Simulation of Performance Assessment for the Board of
Directors, Board of Commissioners & Committees
5 Februari | Pembahasan Pinjaman Luar Negeri (Long term Loan)
v v v
February 2023 Discussion on Foreign Loans (Long-term Loan)
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Tata Kelola Perusahaan
Good Corporate Governance
17 Februari | Penjelasan Review Kinerja PGE Tahun 2022
v v v
February 2023 Explanation of PGE Performance Review for 2022
Kalibrasi Penilaian Kinerja Individu Direksi PGE
19 Februari |
Calibration of Individual Performance Assessment for PGE v v v
February 2023
Directors
8 Maret | March Perkenalan Pejabat Baru Sebagai Chief Audit Executive PGE
v v v
2023 Introduction of New Official as Chief Audit Executive of PGE
Update Progress Audit Laporan Keuangan tahun 2022 PGE
10 Maret | March
Update on Audit Progress for PGE’s 2022 Financial v v v
2023
Statements
Refinancing Bridge Loan Melalui Penerbitan Green Bonds
atau Penarikan Green Loan
17 April 2023 - v v
Refinancing Bridge Loan through Issuance of Green Bonds or
Withdrawal of Green Loan
Initial and Final Price Guidance Green Bonds PGE
20 April 2023 - v v
Initial and Final Price Guidance for Green Bonds of PGE
Review RJPP PGE Tahun 2023-2027
5 Mei | May
Review of PGE’s Long-Term Development Plan (RJPP) for - v v
2023
2023-2027
Rapat Pelaporan Kegiatan Triwulan I Tahun 2023 Fungsi
11 Mei | May Internal Audit PGE
v v v
2023 Meeting on Quarterly Activity Reporting for Internal Audit
Function at PGE
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Pengukuhan Jabatan Direktur Utama dan Direktur Operasi
8 Juni | June
PGE - v v
2023
Confirmation of Appointment of CEO and COO of PGE
8 Juni | June Town hall Meeting PGE
- - v
2023 Town Hall Meeting at PGE
Perkenalan dan Koordinasi Dewan Komisaris & Komite,
Rencana Kerja Dewan Komisaris Periode Juni sampai
dengan Desember 2023 dan Susunan Komite Komisaris
20 Juni | June
Introduction and Coordination of the Board of Commissioners v - v
2023
& Committees, Work Plan of the Board of Commissioners
for the Period June to December 2023, and Composition of
Commissioner Committees
Rapat Gabungan Komite Audit dan Fungsi , Pembahasan
Program Kerja Komite Audit dan Internal Audit dan Current
13 Juli | July Issues yang sedang dihadapi
v v v
2023 Joint Meeting of Audit Committee and Functions, Discussion
on Audit Committee and Internal Audit Work Programs and
Current Issues being Faced
Pembahasan Revisi OE KAP untuk Audit Laporan Keuangan
24 Agustus | PGE Tahun 2023
- v v
August 2023 Discussion on Revision of OE KAP for Audit of PGE’s 2023
Financial Statements
Rapat gabungan Komite dan fungsi - Pembahasan Pedoman
31 Agustus | Investasi
- v v
August 2023 Joint Committee and Function Meeting - Discussion on
Investment Guidelines
Kick Off Meeting Audit Laporan Keuangan Konsolidasian
5 September Pertamina NRE Tahun Buku 2023
- v v
2023 Kick-Off Meeting for Audit of Pertamina NRE’s Consolidated
Financial Statements for the 2023 Fiscal Year
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Tata Kelola Perusahaan
Good Corporate Governance
Diskusi Surat Rekomendasi Komite Audit perihal penunjukan
7 September KAP
v v v
2023 Discussion on Audit Committee Recommendation Letter
regarding Appointment of AP and/or KAP for PGE
18 September Pembahasan Internal Approval Joint Venture Way Ratai
v v v
2023 Discussion on Internal Approval for Way Ratai Joint Venture
Persetujuan atas Pembayaran Sisa Nilai Kontrak Pengurus
29 September Perseroan
v v v
2023 Approval of Remaining Value Contract Payment for Company
Executives
Rapat Koordinasi Komite Audit dan Laporan Triwulan III IA
20 Oktober | PGE 2023
v v v
October 2023 Coordination Meeting of Audit Committee and Quarterly
Report III IA PGE 2023
26 Oktober | RKAP PGE 2024
- v v
October 2023 PGE’s 2024 Budget Plan
Pemaparan Hasil Uji Tuntas Proyek Pertumbuhan Anorganik
30 Oktober |
Presentation of Due Diligence Results for Inorganic Growth v v v
October 2023
Projects
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Tata Kelola Perusahaan
Good Corporate Governance
Diskusi Pembahasan Konfirmasi Surat Tanggapan atas
1 November Laporan Penunjukan AP dan/atau KAP PGE
v v v
2023 Discussion on Confirmation Letter Response regarding
Appointment of AP and/or KAP for PGE
12 Desember | Town Hall Meeting dan HUT PGE ke 17
v v v
December 2023 Town Hall Meeting and PGE’s 17th Anniversary
SS: Sarman Simanjorang, SH: Samsul Hidayat, BSB: Bintang Sarwo Budhi, QR: Qatro Romandhi
Frekuensi dan Kehadiran Komite Audit dalam Rapat Gabungan Fungsi
Frequency and Attendance of the Audit Committee in Joint Functional Meetings
Nama Jabatan Jumlah Pertemuan Kehadiran Tingkat Kehadiran
Name Position Number of Meetings Attendance Attendance Rate
Samsul Hidayat* Ketua/Chairperson 14 11 100%
Sarman Simanjorang** Ketua/Chairperson 15 9 100%
Bintang Sarwo Budhi Anggota/Member 28 27 100%
Qatro Romandhi Anggota/Member 29 29 100%
*Tidak lagi menjabat sejak 5 Juni 2023 | No longer in since June 5, 2023.
** Mulai menjabat sejak 5 Juni 2023 | Served since June 5, 2023
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Tata Kelola Perusahaan
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Pelatihan dan Pengembangan Training and Competency Development
Kompetensi Komite Audit for the Audit Committee
Selama tahun 2023 anggota Komite Audit telah mengikuti Throughout the year 2023, members of the Audit
berbagai pelatihan dan pengembangan kompetensi Committee have participated in various training and
untuk meningkatkan keahlian dan pengetahuan masing- competency development initiatives aimed at enhancing
masing anggota Komite Audit, antara lain: their skills and knowledge. These include:
Program
Pengembangan Tempat dan
Nama Jabatan Penyelenggara
Kompetensi Tanggal
Name Position Organizer
Competency Location and Date
Development Program
Samsul Hidayat* Ketua Komite Audit Informasi pelatihan dapat dilihat pada bagian pelatihan Dewan
Chairperson of the Audit Committee Komisaris
Training information can be found in the Board of Commissioners
training section
Sarman Simanjorang Ketua Komite Audit Informasi pelatihan dapat dilihat pada bagian pelatihan Dewan
Chairperson of the Audit Committee Komisaris
Training information can be found in the Board of Commissioners
training section
Qatro Romandhi Anggota Komite Audit Sosialisasi GCG Jakarta, 20 April MUC Consulting
Audit Committee Member GCG Dissemination 2023
Indonesia Jakarta, 20 Masyarakat Energi
International September 2023 Terbarukan indonesia
Geothermal (METI)
Convention & Indonesian Renewable
Exhibition (IIGCE) Energy Society (METI)
Kewajiban Bagi Denpasar, 23 Bursa Efek Indonesia
Perusahaan pasca November 2023 Indonesia Stock
Initial Public Offering Exchange
(IPO)
Obligations for
Companies after Initial
Public Offering (IPO)
Optimalisasi Denpasar, 23 Bursa Efek Indonesia
Peran PGE dalam November 2023 Indonesia Stock
Pengembangan Exchange
Ekosistem
Perdagangan Karbon
Optimization of
PGE’s Role in Carbon
Trading Ecosystem
Development
Penentuan Prioritas Denpasar, 24 Pertamina
dan Penilaian November 2023
Kelayakan Proyek
Geothermal
Determination
of Priorities and
Assessment of
Geothermal Project
Feasibility
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Tata Kelola Perusahaan
Good Corporate Governance
Bintang Sarwo Budhi Anggota Komite Audit Sosialisasi GCG Jakarta, 20 April MUC Consulting
Audit Committee Member GCG Dissemination 2023
Kewajiban Bagi Denpasar, 23 Bursa Efek Indonesia
Perusahaan pasca November 2023 Indonesia Stock
Initial Public Offering Exchange
(IPO)
Obligations for
Companies after Initial
Public Offering (IPO)
Optimalisasi Denpasar, 23 Bursa Efek Indonesia
Peran PGE dalam November 2023 Indonesia Stock
Pengembangan Exchange
Ekosistem
Perdagangan Karbon
Optimization of
PGE’s Role in Carbon
Trading Ecosystem
Development
Penentuan Prioritas Denpasar, 24 Pertamina
dan Penilaian November 2023
Kelayakan Proyek
Geotermal
Determination
of Priorities and
Assessment of
Geothermal Project
Feasibility
*Tidak lagi menjabat sejak 5 Juni 2023 | No longer in office since June 5, 2023.
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Tata Kelola Perusahaan
Good Corporate Governance
Pelaksanaan Kegiatan Komite Audit Implementation of the Audit Committee
Tahun 2023 Activities in 2023
Pada 2023, Komite Audit melaksanakan kegiatan In 2023, the Audit Committee conducted the following
sebagai berikut: activities:
1. Aspek Perencanaan Perseroan 1. Corporate Planning Aspect:
a. Melakukan review dan menyusun usulan a. Review and formulate recommendations
rekomendasi terkait usulan Revisi Rencana Kerja regarding the proposed Revision of the
dan Anggaran Perusahaan (RKAP) tahun 2022. Company’s Work Plan and Budget (RKAP) for
the year 2022.
b. Melakukan review dan menyusun usulan b. Review and formulate recommendations
rekomendasi terkait usulan Rencana Kerja dan regarding the proposed Work Plan and Budget
Anggaran Perusahaan (RKAP) tahun 2023. (RKAP) for the year 2023.
2. Aspek Monitoring Pelaksanaan Rencana Kerja 2. Company’s Work Plan Implementation Monitoring
Perseroan Aspect:
a. Mengevaluasi pelaksanaan RKAP tahun a. Evaluate the implementation of the RKAP for
2022 sekaligus mengevaluasi dengan the year 2022, while also comparing it with the
membandingkan pelaksanaan tahun 2021 implementation in 2021, particularly focusing
khususnya pada rencana kerja terkait audit on work plans related to external and internal
eksternal dan internal. audits.
b. Mengevaluasi progress target yang dicapai b. Evaluate progress on targets achieved for the
atas pelaksanaan rencana kerja audit eksternal implementation of external and internal audit
dan internal pada tahun 2022. work plans in 2022.
3. Aspek Kebijaksanaan Audit Eksternal dan Audit 3. External Audit and Internal Audit Policy Aspect:
Internal
a. Conduct a study on the effectiveness of the
a. Melakukan kajian atas efektivitas sistem internal control system and the effectiveness of
pengendalian internal dan efektivitas the execution of tasks by external and internal
pelaksanaan tugas auditor eksternal dan auditors.
internal.
b. Assess the implementation of activities and the
b. Menilai pelaksanaan kegiatan serta hasil audit results of audits conducted by both internal
yang dilaksanakan oleh auditor internal maupun and external auditors, and monitor the follow-
eksternal, serta mengawasi pelaksanaan tindak up actions taken by the Board of Directors
lanjut oleh Direksi atas temuan auditor eksternal regarding the findings of external and internal
dan internal. auditors.
4. Kunjungan ke Area dan Proyek Geotermal. 4. Visits to Geothermal Areas and Projects.
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Tata Kelola Perusahaan
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Evaluasi Komite Audit Terhadap Hasil Audit Committee Evaluation of KAP
Audit KAP Audit Results
Sehubungan dengan telah berakhirnya pekerjaan Audit In relation to the completion of the Audit of PGE’s
Laporan Keuangan Konsolidasian PGE untuk Tahun Consolidated Financial Statements for the 2023 Fiscal
Buku 2023 oleh Kantor Akuntan Publik Purwantono, Year by the Public Accountant Office of Purwantono,
Sungkoro & Surja, dan mengacu kepada Peraturan Sungkoro & Surja, and referring to Regulation of the
Otoritas Jasa Keuangan Nomor 13/POJK.03/2017 Financial Services Authority No. 13/POJK.03/2017
tentang Penggunaan Jasa Akuntan Publik dan Kantor on the Use of Public Accountant Services and Public
Akuntan Publik dalam Kegiatan Jasa Keuangan yang Accountant Offices in Financial Services Activities which
telah diundangkan di Jakarta pada tanggal 27 Maret was promulgated in Jakarta on March 27, 2017, the
2017, Komite Audit telah melakukan evaluasi terhadap Audit Committee has conducted an evaluation of the
pelaksanaan jasa dimaksud dengan perincian sebagai implementation of the services, detailed as follows:
berikut:
I. Hasil Evaluasi Pekerjaan Kantor Akuntan Publik I. Evaluation Results of the Purwantono, Sungkoro &
(KAP) Purwantono, Sungkoro & Surja Tahun Buku Surja Public Accountant Office (KAP) Work for the
2023 2023 Fiscal Year
A. Kesesuaian pelaksanaan audit KAP dengan A. Compliance of KAP audit implementation with
standar audit yang berlaku applicable audit standards
Pelaksanaan audit yang dilakukan oleh KAP The audit conducted by KAP has complied with
telah memenuhi standar audit yang berlaku the applicable audit standards as per the Audit
sesuai dengan Standar Audit yang ditetapkan Standards established by the Public Accountant
Dewan Standar Profesional Akuntan Publik Professional Standards Board (SPAP) of
(SPAP) Institut Akuntan Publik Indonesia (IAPI). the Indonesian Institute of Certified Public
Metodologi audit yang digunakan KAP dirasa Accountants (IAPI). The audit methodology used
cukup sesuai dengan tujuan audit yang ingin by KAP was deemed sufficiently aligned with
dicapai oleh Perusahaan. the audit objectives desired by the Company.
B. Kecukupan waktu pekerjaan lapangan B. Adequacy of fieldwork time
Pelaksanaan penugasan audit hendaknya The execution of the audit assignment should
dikelola sedemikian rupa tanpa melebihi target be managed in such a way as not to exceed
waktu yang telah ditentukan sehingga terdapat the predetermined target time, ensuring timely
kesesuaian pemenuhan pelaksanaan audit completion of audit implementation.
secara tepat waktu.
C. Pengkajian cakupan jasa yang diberikan dan C. Study of the scope of services provided and the
cakupan uji petik scope of sampling tests
Jasa yang diberikan sesuai dengan penugasan The services provided were in accordance with
dan kebutuhan Perseroan. Sementara untuk the assignment and the Company’s needs.
kecukupan uji petik sesuai dengan standar audit Meanwhile, the adequacy of sampling tests
yang ditetapkan oleh IAPI yakni menggunakan complied with the audit standards established
SPAP. by IAPI, using SPAP.
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Tata Kelola Perusahaan
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II. Rekomendasi perbaikan yang diberikan oleh II. Recommendations for improvement provided by
Akuntan Publik Kantor Akuntan Publik (KAP) the Public Accountant Purwantono, Sungkoro
Purwantono, Sungkoro & Surja & Surja Public Accountant Office (KAP)
Pelaksanaan Audit Laporan Keuangan Konsolidasian The implementation of the Audit of the 2023 Fiscal Year
Tahun Buku 2023 telah dilaksanakan serta rekomendasi Consolidated Financial Statements has been carried out,
perbaikan telah disampaikan. Hasil temuan telah and improvement recommendations have been provided.
dikomunikasikan dengan manajemen Perseroan untuk The findings have been communicated with the Company’s
menjadi perhatian dan ditindaklanjuti oleh manajemen. management for attention and follow-up action.
Secara keseluruhan, Komite Audit berpandangan bahwa Overall, the Audit Committee believes that the Public
Kantor Akuntan Publik telah cukup profesional dalam Accountant Office has been sufficiently professional in
melaksanakan pekerjaan dan mengkomunikasikan conducting the work and communicating issues related
permasalahan yang terkait pelaksanaan audit. to the audit implementation. Furthermore, the Audit
Selanjutnya Komite Audit akan memberikan rekomendasi Committee will provide recommendations to the Board
kepada Dewan Komisaris terkait pemilihan KAP untuk of Commissioners regarding the selection of the Public
tahun buku berikutnya. Accountant Office for the next fiscal year.
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Tata Kelola Perusahaan
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Komite Nominasi dan Remunerasi The Nomination and Remuneration
Committee
Komite Nominasi dan Remunerasi bertanggung jawab The Nomination and Remuneration Committee is
membantu Dewan Komisaris dalam menjalankan responsible for assisting the Board of Commissioners
fungsi nominasi dan remunerasi di Perseroan, termasuk in carrying out the nomination and remuneration
mengkaji dan memperbarui kebijakan dan prosedur serta functions within the Company, including reviewing
pemberian rekomendasi terkait nominasi dan remunerasi and updating policies and procedures, as well as
anggota Dewan Komisaris, Direksi dan karyawan providing recommendations related to the nomination
Perseroan. and remuneration of members of the Board of
Commissioners, Directors, and Company employees.
Pembentukan Komite Nominasi dan Remunerasi The establishment of the Company’s Nomination and
Perseroan mengacu kepada ketentuan dan peraturan Remuneration Committee refers to the following laws and
perundang-undangan berikut: regulations:
• Undang-Undang Republik Indonesia No. 40 Tahun • Law of the Republic of Indonesia No. 40 of 2007 on
2007 tentang Perseroan Terbatas. Limited Liability Companies.
• Undang-Undang No. 19 Tahun 2003 tentang • Law No. 19 of 2003 on State-Owned Enterprises.
BUMN.
• Peraturan Menteri Negara Badan Usaha Milik • Regulation of the Minister of State-Owned
Negara Nomor PER-06/MBU/04/2021 tahun 2021 Enterprises No. PER-06/MBU/04/2021 on
tentang Perubahan Atas Peraturan Menteri Badan Amendments to the Regulation of the Minister of
Usaha Milik Negara Nomor PER-12/MBU/2012 State-Owned Enterprises No. PER-12/MBU/2012
tanggal 24 Agustus 2012 tentang Organ Pendukung dated August 24, 2012 on Supporting Organs of
Dewan Komisaris/Dewan Pengawas Badan Usaha the Board of Commissioners/Supervisory Board of
Milik Negara. State-Owned Enterprises.
• Peraturan Menteri Negara BUMN • Regulation of the Minister of State-Owned
No. Per-2/ MBU/03/2023 tentang Pedoman Tata Enterprises No. PER-2/MBU/03/2023 on Manual
Kelola dan Kegiatan Korporasi Signifikan Badan for Governance and Significant Corporate Activities
Usaha Milik Negara. of State-Owned Enterprises.
Komite Nominasi dan Remunerasi Perseroan dibentuk The Company’s Nomination and Remuneration
berdasarkan kepada Surat Keputusan No.013/Kpts/ Committee was formed based on Decree No. 013/
DK-PGE/2022-S0 tanggal 2 Maret 2022 tentang Kpts/DK-PGE/2022-S0 dated March 2, 2022, on the
Pengukuhan Pembentukan Komite Audit, Pengukuhan Confirmation of the Establishment of the Audit Committee,
Pembentukan Fungsi Nominasi Dan Remunerasi, Confirmation of the Establishment of the Nomination and
Pengukuhan Kepala Unit Audit Internal (Chief Audit Remuneration Functions, Confirmation of the Chief of
Executive), Penetapan Piagam Komite Audit, Penetapan Internal Audit Appointment, Determination of the Audit
Pedoman Pelaksanaan Fungsi Nominasi Dan Remunerasi Committee Charter, Determination of Manual for the
Serta Persetujuan Piagam Unit Audit Internal. No. Implementation of the Nomination and Remuneration
020/DK-PGE/2023-S0 tanggal 20 Juni 2023 tentang Functions, and Approval of the Internal Audit Unit Charter.
Penetapan dan Pengangkatan Anggota Komite Nominasi No. 020/DK-PGE/2023-S0 dated June 20, 2023, on
Dan Remunerasi Dewan Komisaris PT Pertamina the Determination and Appointment of Members of the
Geothermal Energy Tbk. Nomination and Remuneration Committee of the Board
of Commissioners of PT Pertamina Geothermal Energy
Tbk.
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Tata Kelola Perusahaan
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Komposisi Komite Nominasi dan Remunerasi
Composition of the Nomination and Remuneration Committee
Nama Jabatan Periode Jabatan
Name Position Term of Position
1 Januari - 5 Juni 2023
Sarman Simanjorang Ketua/Chairperson
January 1 - June 5, 2023
5 Juni - Desember 2023
Harris Ketua/ Chairperson
June 5 - December 2023
5 Juni - Desember 2023
Sujit S. Parhar Anggota/Member
June 5 - December 2023
1 Januari - Desember 2023
David Marito Saragih Anggota/Member
January 1- December 2023
1 Januari - Desember 2023
Purwitohadi Anggota/Member
January 1- December 2023
Profil Komite Nominasi dan Remunerasi per 31 Desember 2023
Nomination and Remuneration Committee Profile as of December 31,
HARRIS
Ketua Komite Nominasi dan Remunerasi
Chairperson of the Nomination and Remuneration Committee
Dasar hukum penugasan sebagai anggota Komite The legal basis for the assignment as a
Nominasi dan Remunerasi adalah Surat Keputusan member of the Nomination and Remuneration
Dewan Komisaris No. Kpts-020/DK/PGE/2023-S0 Committee is the Board of Commissioners' Decree
tanggal 20 Juni 2023 Tentang Penetapan dan No. Kpts-020/DK/PGE/2023-S0 dated June 20, 2023,
Pengangkatan Anggota Komite Nominasi dan Remunerasi on the Determination and Appointment of Members of the
Dewan Komisaris PT Pertamina Geothermal Energy Tbk. Nomination and Remuneration Committee of the Board of
Commissioners of PT Pertamina Geothermal Energy Tbk.
Bapak Harris juga merupakan Komisaris PGE dan Mr. Harris also serves as a Commissioner of PGE and
memiliki keahlian di bidang Manajemen dan EBT. Profil possesses expertise in Management and NRE. His profile
beliau dapat dilihat pada bagian Profil Dewan Komisaris can be found in the Board of Commissioners Profile
di Bab Profil Perusahaan pada Laporan Tahunan ini. section of the Company Profile in this Annual Report.
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Tata Kelola Perusahaan
Good Corporate Governance
Sujit S. Parhar
Anggota Komite Nominasi dan Remunerasi
Member of the Nomination and Remuneration Committee
Dasar hukum penugasan sebagai anggota Komite The legal basis for the assignment as a member of
Nominasi dan Remunerasi adalah Surat Keputusan the Nomination and Remuneration Committee is the
Dewan Komisaris No. Kpts-020/DK/PGE/2023-S0 tgl Board of Commissioners' Decree No. Kpts-020/
20 Juni 2023 Tentang Penetapan Dan Pengangkatan DK/PGE/2023-S0 dated June 20, 2023, on the
Anggota Komite Nominasi Dan Remunerasi Dewan Determination and Appointment of Members of the
Komisaris PT Pertamina Geothermal Energy Tbk. Nomination and Remuneration Committee of the Board of
Commissioners of PT Pertamina Geothermal Energy Tbk.
Bapak Sujit S. Parhar juga merupakan Komisaris Mr. Sujit S. Parhar is also an Independent Commissioner
Independen PGE dan memiliki keahlian dibidang Bisnis of PGE and possesses expertise in Business Management,
Manajemen, Teknik Sipil, Akuntansi, dan EBT. Profil Civil Engineering, Accounting, and NRE. His profile can
beliau dapat dilihat pada bagian Profil Dewan Komisaris be found in the Board of Commissioners Profile section of
di Bab Profil Perusahaan pada Laporan Tahunan ini. the Company Profile in this Annual Report.
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Tata Kelola Perusahaan
Good Corporate Governance
DAVID MARITO SARAGIH TURNIP
Anggota Komite Nominasi dan Remunerasi
Member of the Nomination and Remuneration Committee
Kewarganegaraan: Warga Negara Indonesia
Nationality : Indonesian Citizen
Usia: 41 tahun
Age : 41 years old
Domisili: Bekasi
Domicile : Bekasi
Berdasarkan Surat Keputusan Dewan Komisaris Nomor: No. 025/Kpts/DK-PGE/2022-S0 tanggal 31
Oktober 2022 dan No. Kpts-020/DK/PGE/2023-S0 tgl 20 Juni 2023 Tentang Penetapan Dan Pengangkatan
Anggota Komite Nominasi Dan Remunerasi Dewan Komisaris PT Pertamina Geothermal Energy Tbk.
Dasar Hukum Penunjukan:
Based on the Board of Commissioners' Decree Number: No. 025/Kpts/DK-PGE/2022-S0
Legal Basis for Appointment :
dated October 31, 2022, and No. Kpts-020/DK/PGE/2023-S0 dated June 20, 2023,
on the Determination and Appointment of Members of the Nomination and Remuneration Committee of the
Board of Commissioners of PT Pertamina Geothermal Energy Tbk.
Periode Menjabat: 31 Oktober 2022-30 Oktober 2023
Term of Office: October 31, 2022 - October 30, 2023
Latar Belakang Pendidikan: Sarjana Ekonomi, Universitas Indonesia (2004)
Educational Background: Bachelor of Economics, University of Indonesia (2004)
Sertifikasi Human Resource Management Professional (HRMP)
Certifications Human Resource Management Professional (HRMP)
Bidang Keahlian: SDM dan Ekonomi
Areas of Expertise: Human Resources and Economics
• Senior Manager Human Resources, PGE (Juni 2022 - sekarang)
• Area Manager Human Resources, PT Pertamina Patra Niaga (Mei 2021 – Mei 2022)
• Senior Officer lll HCBP Business Operations, PT Pertamina International Shipping (Maret – April 2021)
• HR & GA Manager, PT Pertamina Retail (Juli 2019 – Februari 2021)
• Human Capital Unit Manager, PT Pertamina (Persero) MOR VIII (April 2018 – Juli 19)
• HR Operations & Competency Assurance Coordinator, Pertamina Algeria EP
(September 2015 – Maret 2018)
• Human Capital Analyst, PT Pertamina (Persero) (Januari 2009 – Agustus 2015)
Pengalaman Kerja:
• Human Capital Analyst, PT Pertamina (Persero) (Januari 2009 – Agustus 2015)
Work Experience
• Senior Manager Human Resources, PGE (June 2022 - present)
• Area Manager Human Resources, PT Pertamina Patra Niaga (May 2021 – May 2022)
• Senior Officer III HCBP Business Operations, PT Pertamina International Shipping
(March – April 2021)
• HR & GA Manager, PT Pertamina Retail (July 2019 – February 2021)
• Human Capital Unit Manager, PT Pertamina (Persero) MOR VIII (April 2018 – July 2019)
• HR Operations & Competency Assurance Coordinator, Pertamina Algeria EP
(September 2015 – March 2018)
• Human Capital Analyst, PT Pertamina (Persero) (January 2009 – August 2015)
Rangkap Jabatan: Manager Human Capital PGE (2022-sekarang)
Concurrent Positions: Manager Human Capital PGE (2022-present)
Tidak memiliki hubungan afiliasi dengan anggota Dewan Komisaris, Direksi dan Pemegang Saham
Pengendali.
Hubungan Afiliasi:
Affiliation Relations:
No affiliation relations with members of the Board of Commissioners, the Board of Directors, and Controlling
Shareholders
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Tata Kelola Perusahaan
Good Corporate Governance
PURWITOHADI
Anggota Komite Nominasi dan Remunerasi
Member of the Nomination and Remuneration Committee
Kewarganegaraan: Warga Negara Indonesia
Nationality : Indonesian Citizen
Usia: 48 tahun
Age : 48 years old
Domisili: Bekasi
Domicile : Bekasi
Berdasarkan Surat Keputusan Dewan Komisaris Nomor: No. 025/ Kpts/DK-PGE/2022-S0 tanggal 31 Oktober
2022 dan No. Kpts-020/DK/PGE/2023-S0 tgl 20 Juni 2023 Tentang Penetapan dan Pengangkatan Anggota
Komite Nominasi Dan Remunerasi Dewan Komisaris PT Pertamina Geothermal Energy Tbk.
Dasar Hukum Penunjukan:
Legal Basis for Appointment : Based on the Board of Commissioners' Decree Number: No. 025/Kpts/DK-PGE/2022-S0 dated October 31,
2022, and No. Kpts-020/DK/PGE/2023-S0 dated June 20, 2023, on the Determination and Appointment
of Members of the Nomination and Remuneration Committee of the Board of Commissioners of PT Pertamina
Geothermal Energy Tbk.
• 31 Oktober - 30 April 2023 (Periode 1)
• Februari 2022- Sekarang (Periode 2)
Periode Menjabat:
Term of Office:
• October 31 - April 30, 2023 (Term 1)
• February 2022 - Present (Term 2)
• Diploma 4 Akuntansi, Sekolah Tinggi akuntansi Negara (2001)
• Magister Manajemen, Universitas Krisnadwipayana (2008)
Latar Belakang Pendidikan:
Educational Background:
• Bachelor of Accounting (Diploma 4), State College of Accounting (2001)
• Master of Management, Krisnadwipayana University (2008)
Sertifikasi
-
Certifications
Bidang Keahlian: Akuntansi Keuangan, SDM dan Manajemen
Areas of Expertise: Financial Accounting, Human Resource, and Management
• Analis Kebijakan Ahli Madya, Unit Kerja BKF (2019-sekarang)
• Kepala Bidang Kebijakan Pajak dan PNBP, Unit Kerja BKF II (2015-2019)
• Kepala Subbidang PPN dan PPnBM , Unit Kerja BKF (2009-2015)
• Account Representative, Unit Kerja DJP (2002-2009)
Pengalaman Kerja:
Work Experience • Senior Policy Analyst, BKF Working Unit (2019-present)
• Head of Tax Policy and PNBP Division, BKF Working Unit II (2015-2019)
• Head of VAT and Sales Tax Division, BKF Working Unit (2009-2015)
• Account Representative, Tax Office Working Unit (2002-2009)
Rangkap Jabatan: Analis Kebijakan Ahli Madya, Unit Kerja BKF (2019-sekarang)
Concurrent Positions: Senior Policy Analyst, BKF Working Unit (2019-present)
Tidak memiliki hubungan afiliasi dengan anggota Dewan Komisaris, Direksi dan Pemegang Saham
Pengendali.
Hubungan Afiliasi:
Affiliation Relations:
No affiliation relations with members of the Board of Commissioners, the Board of Directors, and Controlling
Shareholders
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Tata Kelola Perusahaan
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Independensi Komite Nominasi dan Independence of the Nomination and
Remunerasi Remuneration Committee
Komite Nominasi dan Remunerasi Perseroan bekerja The Nomination and Remuneration Committee of the
secara independen sebagaimana ditentukan dalam Company operates independently as stipulated in
Peraturan OJK No. 34/POJK.04/2014 tentang Komite Regulation of the Financial Services Authority No. 34/
Nominasi dan Remunerasi Emiten atau Perusahaan POJK.04/2014 on the Nomination and Remuneration
Publik.Pertamina Geothermal Energy Tbk. Committee of Issuers or Public Companies
David Marito
Pernyataan Independensi Sarman
No Harris Sujit S.Parhar Saragih Purwitohadi
Independence Statement Simanjorang
Turnip
Tidak bekerja atau memiliki wewenang untuk
merencanakan, memimpin, mengendalikan, atau
mengawasi kegiatan Perseroan dalam 6 bulan
1 terakhir; V V V V V
Having not worked or have the authority
to plan, lead, control, or supervise the Company’s
activities in the past 6 months
Tidak secara langsung maupun tidak langsung
memiliki saham di Perseroan
2 V V V V V
Does not directly or indirectly own shares in the
Company
Tidak memiliki hubungan afiliasi dengan
Perseroan atau pemegang saham utama/
pengendali atau salah satu anggota Dewan
Komisaris atau Direksi
3 V V V V V
Does not have any affiliations with the Company
or majority/controlling shareholders or any
members of the Board of Commissioners
or Directors
Tidak memiliki hubungan kerja/ profesional
langsung maupun tidak langsung dengan
4 Perseroan V V V V V
Does not have any direct or indirect employment/
professional relationship with the Company
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Tata Kelola Perusahaan
Good Corporate Governance
Piagam Komite Nominasi dan Charter of the Nomination and
Remunerasi Remuneration Committee
Piagam Komite Nominasi dan Remunerasi The Charter of the Nomination and Remuneration
ditetapkan oleh Dewan Komisaris Perseroan di Committee is established by the Board of Commissioners
Jakarta melalui Surat Keputusan Dewan Komisaris of the Company in Jakarta through the Board of
No.013/Kpts/ DK-PGE/2022-S0 tentang Pengukuhan Commissioners Decree No. 013/Kpts/DK-PGE/2022-S0
Pembentukan Komite Audit, Pengukuhan Pembentukan on the Confirmation of the Formation of the Audit
Fungsi Nominasi Dan Remunerasi, Pengukuhan Kepala Committee, Confirmation of the Formation of the
Unit Audit Internal (Chief Audit Executive), Penetapan Nomination and Remuneration Function, Confirmation of
Piagam Komite Audit, Penetapan Pedoman Pelaksanaan the Chief of Internal Audit Appointment, Determination
Fungsi Nominasi Dan Remunerasi Serta Persetujuan of the Audit Committee Charter, Determination of the
Piagam Unit Audit Internal tanggal 02 Maret 2022. Manual for the Implementation of the Nomination and
Remuneration Function, and Approval of the Internal
Audit Unit Charter on March 2, 2022.
Piagam Komite Nominasi dan Remunerasi merupakan The Nomination and Remuneration Committee Charter
pedoman kerja Komite Nominasi dan Remunerasi yang serves as a work manual for the Nomination and
menjelaskan secara garis besar hal-hal yang berkenaan Remuneration Committee, outlining the general aspects
dengan tugas dan tanggung jawab Komite Nominasi dan related to the duties and responsibilities of the Nomination
Remunerasi dalam membantu pelaksanaan pengawasan and Remuneration Committee in assisting the oversight
Dewan Komisaris. Piagam Komite Nominasi dan function of the Board of Commissioners. This Charter is
Remunerasi ini disusun untuk: prepared to:
• Menjadi rujukan dan pedoman tentang tugas, • Serve as a reference and manual regarding the
tanggung jawab, dan wewenang Komite Nominasi duties, responsibilities, and authorities of the
dan Remunerasi. Nomination and Remuneration Committee.
• Meningkatkan kualitas dan efektivitas kerja Komite • Enhance the quality and effectiveness of the
Nominasi dan Remunerasi sebagai organ pendukung Nomination and Remuneration Committee's work as
Dewan Komisaris. a supporting organ of the Board of Commissioners.
• Menerapkan prinsip-prinsip GCG di setiap kegiatan • Apply the principles of Good Corporate Governance
Perseroan secara konsisten. (GCG) consistently in every activity of the Company.
Isi piagam Komite Nominasi dan Remunerasi mencakup: The contents of the Nomination and Remuneration
Committee Charter include:
• Pendahuluan. • Introduction.
• Tujuan. • Objectives.
• Komposisi, struktur, masa tugas dan persyaratan • Composition, structure, term of office, and
keanggotaan Komite Nominasi dan Remunerasi. membership requirements of the Nomination and
Remuneration Committee.
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Tata Kelola Perusahaan
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• Tugas, tanggung jawab dan wewenang. • Duties, responsibilities, and authorities.
• Tata cara, prosedur kerja dan penyelenggaraan • Procedures, working methods, and conduct of
rapat. meetings.
• Sistem pelaporan kegiatan. • Reporting system for activities.
• Penanganan pengaduan atau pelaporan • Handling of complaints or reports related to
sehubungan dengan dugaan. allegations.
Tugas dan Tanggung Jawab Komite Duties and Responsibilities of the
Nominasi dan Remunerasi Nominasi Nomination and Remuneration
Committee Nomination
1. Memberikan rekomendasi mengenai: 1. Providing recommendations regarding:
a. Komposisi jabatan anggota Direksi a. Composition of positions for members of the
dan/atau anggota Dewan Komisaris. Directors and/or members of the Board of
Commissioners.
b. Kebijakan dan kriteria yang dibutuhkan dalam b. Policies and criteria required in the nomination
proses nominasi. process.
c. Kebijakan evaluasi kinerja bagi anggota c. Performance evaluation policies for members of
Direksi dan/ atau anggota Dewan Komisaris. the Directors and/or members of the Board of
Commissioners.
d. Program pengembangan kemampuan anggota d. Development programs for the capabilities
Direksi dan Dewan Komisaris. of members of the Directors and the Board of
Commissioners.
2. Melakukan penilaian kinerja anggota Direksi dan/ 2. Conducting performance assessments of members
atau anggota Dewan Komisaris berdasarkan tolok of the the Board of Directors and/or members of
ukur yang telah disusun sebagai bahan evaluasi. the Board of Commissioners based on established
criteria for evaluation.
3. Memberikan rekomendasi mengenai program 3. Providing recommendations on development
pengembangan kemampuan anggota Direksi programs for the capabilities of members of the
dan/ atau anggota Dewan Komisaris. Board of Directors and/or members of the Board of
Commissioners.
4. Memberikan usulan calon yang memenuhi syarat 4. Recommending qualified candidates as members of
sebagai anggota Direksi dan/ atau anggota the Board of Directors and/or members of the Board
Dewan Komisaris kepada Dewan Komisaris untuk of Commissioners to the Board of Commissioners for
disampaikan kepada RUPS. submission to the GMS.
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Tata Kelola Perusahaan
Good Corporate Governance
Remunerasi Remuneration
1. Memberikan rekomendasi mengenai: 1. Providing recommendations regarding:
a. Struktur remunerasi. a. Remuneration structure.
b. Kebijakan atas remunerasi. b. Policies on remuneration.
c. Besaran atas remunerasi. c. Amount of remuneration.
2. Melakukan penilaian kinerja dengan kesesuaian 2. Conducting performance assessments
Remunerasi yang diterima masing-masing anggota in accordance with the remuneration received by
Direksi dan/ atau anggota Dewan Komisaris. each member of the Board of Directors and/or
Board of Commissioners.
Struktur Remunerasi dapat berupa: The Remuneration Structure may include:
a. Gaji. a. Salary.
b. Honorarium. b. Honorarium.
c. Insentif; dan/atau c. Incentives.
d. Tunjangan yang bersifat tetap dan/atau variabel. d. Allowances that are fixed and/or variable.
Penyusunan struktur, kebijakan, dan besaran Remunerasi The formulation of the structure, policies, and amount of
memperhatikan hal-hal sebagai berikut: Remuneration takes into account the following:
a. Remunerasi yang berlaku pada industri sesuai a. Remuneration applicable to the industry is in
dengan kegiatan usaha perusahaan sejenis accordance with the business activities of similar
dan skala usaha Perseroan dalam industrinya. companies and the Company’s business scale in the
industry.
b. Tugas, tanggung jawab, dan wewenang anggota b. The duties, responsibilities, and authorities of the
Direksi dan/atau anggota Dewan Komisaris members of the Board of Directors and/or Board of
dikaitkan dengan pencapaian tujuan dan kinerja Commissioners are linked to the achievement of the
Perseroan. Company’s goals and performance.
c. Target kinerja atau kinerja masing-masing anggota c. Performance targets or individual performance
Direksi dan/atau anggota Dewan Komisaris. of each member of the Board of Directors and/or
Board of Commissioners.
d. Keseimbangan tunjangan antara yang bersifat tetap d. The balance of allowances between fixed and
dan bersifat variabel. variable.
Struktur, kebijakan, dan besaran Remunerasi harus The structure, policies, and amount of Remuneration
dievaluasi oleh Dewan Komisaris minimal satu kali must be evaluated by the Board of Commissioners at
setahun. least once a year.
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Tata Kelola Perusahaan
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Kebijakan dan Pelaksanaan Rapat Policy and Implementation of
Komite Nominasi dan Remunerasi Nomination and Remuneration
Committee Meetings
Berdasarkan piagam Komite Nominasi dan Remunerasi, Based on the charter of the Nomination and Remuneration
rapat internal Komite Nominasi dan Remunerasi wajib Committee, internal meetings of the Nomination and
dilakukan minimal 6 (enam) kali, sedangkan rapat Remuneration Committee must be held at least 6 (six)
gabungan Komite Nominasi dan Remunerasi wajib times, while joint meetings of the Nomination and
dilakukan sebanyak atau sekurang-kurangnya 4 (empat) Remuneration Committee must be held at least 4 (four)
kali. times or more.
Selama tahun 2023, Komite Nominasi dan Remunerasi During the year 2023, the Nomination and Remuneration
melaksanakan rapat internal 8 (delapan) kali dengan Committee conducted internal meetings 8 (eight)
tingkat rata-rata kehadiran anggota Komite Nominasi times with an average attendance rate of 100% of the
dan Remunerasi mencapai 100%. Keputusan rapat committee members. Decisions made during the meetings
diambil berdasarkan musyawarah untuk mufakat dan were based on amicable deliberation and recorded in
proses yang berlangsung dalam rapat dituangkan dalam minutes of meeting signed by all attending members of
risalah rapat yang ditandatangani seluruh anggota the Nomination and Remuneration Committee.
Komite Nominasi dan Remunerasi yang hadir.
Di samping itu, Komite Nominasi dan Remunerasi juga Additionally, the Nomination and Remuneration
menghadiri rapat gabungan Dewan Komisaris dengan Committee attended joint meetings of the Board of
Direksi 15 kali dan rapat gabungan fungsi sebanyak Commissioners with the Board of Directors 15 times and
35 kali. joint functional meetings 35 times.
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Tata Kelola Perusahaan
Good Corporate Governance
1) Kehadiran Komite Nominasi dan 1) Attendance of the Nomination and
Remunerasi dalam Rapat Internal Remuneration Committee at Internal
Meetings
Agenda Rapat Internal
Internal Meetings Agenda
Peserta Rapat
Tanggal Agenda Meeting Participants
Date Agenda SS SSP H DMS P
Sosialisasi Pedoman Penilaian Kinerja Direksi, Dewan
Komisaris & Komite di Subholding dan AP Pertamina
11 Januari |
Dissemination of Performance Assessment Manual V V V
January 2023
for the Board of Directors, Board of Commissioners, and
Committees in Subholding and AP Pertamina
25 Januari | Pemaparan Peluang Proyek Pertubuhan Anorganik
V V V
January 2023 Presentation of Inorganic Organization Project Opportunities
Sosialisasi Juknis Penilaian Kinerja Direksi, Dekom & Komite
dan Juknis EYPR Th. 2022 - Subholding
27 Januari |
Dissemination of Performance Assessment Manual of V V V
January 2023
the Board of Directors, Board of Commissioners & Committee
and EYPR Manual for 2022 - Subholding
16 Februari | Persiapan review kinerja BOD
V V V
February 2023 Preparation for the Board of Directors Performance Review
Rapat Perpanjangan dan Remunerasi Jabatan Sekretaris
6 Maret | Dewan Komisaris
V V V
March 2023 Meeting for Extension and Remuneration of the Secretary of
the Board of Commissioners
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Tata Kelola Perusahaan
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Rapat Remunerasi Komite Audit, Komite Investasi, dan Komite
Remunerasi dan Nominasi PGE
17 April 2023 Meeting for Remuneration of the Audit Committee, Investment V V V
Committee, and Remuneration and Nomination Committee of
PGE
1. Rapat Koordinasi Komite Nominasi dan Remunerasi
2. Pembahasan Laporan KInerja KNR Semester I Tahun 2023
24 Agustus |
1. Coordination Meeting of the Nomination and V V V V
August 2023
Remuneration Committee
2. Discussion of the Performance Report of the Nomination
and Remuneration Committee for Semester I of 2023
Rapat Persetujuan atas Pembayaran Sisa Nilai Kontrak
27 September Pengurus Perseroan
- V V V
2023 Meeting for Approval of Remaining Contract Value Payments
for Company Executives
SS: Sarman Simanjorang, SSP: Sujit S. Parhar, H: Harris, DMS: David Marito Saragih Turnip, P: Purwitohadi
Frekuensi dan Kehadiran Komite Nominasi dan Remunerasi dalam Rapat Internal
Frequency and Attendance of the Nominating and Remuneration Committee in Internal Meetings
Nama Jabatan Jumlah Pertemuan Kehadiran Tingkat Kehadiran
Name Position Number of Meetings Attendance Attendance Rate
Sarman Simanjorang* Ketua/Chairperson 6 6 100%
Harris** Ketua/Chairperson 2 2 100%
Sujit S. Parhar** Anggota/Member 2 1 100%
David Marito Saragih Anggota/Member 8 8 100%
Purwitohadi Anggota/Member 8 8 100%
*Tidak lagi menjabat sejak 5 Juni 2023 | No longer in since June 5, 2023.
** Mulai menjabat sejak 5 Juni 2023 | Served since June 5, 2023
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Tata Kelola Perusahaan
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2) Kehadiran Komite Nominasi dan 2) Attendance of the Nomination and
Remunerasi dalam Rapat Gabungan Remuneration Committee in the Joint
Dewan Komisaris dan Direksi Meeting of the Board of Commissioners
Agenda Rapat Gabungan Dewan Komisaris dengan Direksi
Agenda for the Joint Meeting of the Board of Commissioners and the Board of Directors
Agenda Peserta Rapat
Tanggal Meeting Participants
Agenda
Date
SS SSP H DMS P
19 Januari |
BOC-BOD Special Meeting: Update IPO Progress V V V
January 2023
Rapat BOD-BOC
1. Review/Tindak Lanjut Hasil Rapat Sebelumnya
2. Executive Summary dan Kinerja Perseroan Desember
2022
24 Januari |
V V V
January 2023
BOD and BOC Meeting
1. Review/Follow-up of Previous Meeting Results
2. Executive Summar y and Company Performance December
2022
Rapat BOD-BOC
1. Review/Tindak Lanjut Hasil Rapat Sebelumnya
2. Executive Summary dan Kinerja Perseroan Januari 2023
3. Review Kinerja PGE Tahun 2022
17 Februari |
V V V
February 2023 BOD and BOC Meeting
1. Review and Follow-up on Previous Meeting Results
2. Executive Summary and Company Performance January
2023
3. Review of PGE Performance for the Year 2022
Rapat BOD-BOC Kinerja Februari 2023
1. Review/Tindak Lanjut Hasil Rapat Sebelumnya
2. Executive Summary dan Kinerja Perseroan Februari 2023
3. Pembahasan Observer untuk Aktivitas PGE
21 Maret |
V V V
March 2023 BOD-BOC Meeting Performance for February 2023
1. Review/Follow-up of Previous Meeting Results
2. Executive Summary and Company Performance February
2023
3. Discussion on Observer for PGE Activities
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Tata Kelola Perusahaan
Good Corporate Governance
31 Maret | Pembahasan Observer untuk Aktivitas PGE
V V V
March 2023 Discussion on Observer for PGE Activities
Rapat BOD-BOC
1. Review/Tindak Lanjut Hasil Rapat Sebelumnya
2. Executive Summary dan Kinerja Perseroan Maret 2023
17 April 2023 V V V
BOD and BOC Meeting
1. Review and Follow-up of Previous Meeting Results
2. Company Performance March 2023
Rapat BOD-BOC
1. Review/Tindak Lanjut Hasil Rapat Sebelumnya
2. Executive Summary dan Kinerja Perseroan Maret 2023
16 Mei | May
V V V
2023
BOD and BOC Meeting
1. Review and Follow-up of Previous Meeting Results
2. Company Performance April 2023
Rapat BOD-BOC
1. Review/Tindak Lanjut Hasil Rapat Sebelumnya
2. Executive Summary dan Kinerja Perseroan Mei 2023
3. Analisis Asset Under Construction-Mitigasi Risiko
Impairment
4. Analisis foreign exchange exposure - Yen dan IDR
terhadap USD
26 Juni | June
V V V V
2023
BOD and BOC Meeting
1. Review and Follow-up of Previous Meeting Results
2. Company Performance May 2023
3. Analysis of Assets Under Construction - Risk Mitigation for
Impairment
4. Analysis of Foreign Exchange Exposure - Yen and IDR
against USD
Rapat BOD BOC
1. Review/Tindak Lanjut Hasil Rapat Sebelumnya
2. Executive Summary dan Kinerja Perseroan Juni 2023
26 Juli | July
V V V V
2023
BOD and BOC Meeting
1. 1. Review and Follow-up of Previous Meeting Results
2. 2. Company Performance June 2023
Rapat BOD BOC
1. Review/Tindak Lanjut Hasil Rapat Sebelumnya
2. Executive Summary dan Kinerja Perseroan Juli 2023
3. Laporan Hasil Perjalanan Dinas ke Kenya dan
Keterkaitan dengan Kerjasama Panas Bumi
31 Agustus |
V V V V
August 2023
BOD and BOC Meeting
1. Review and Follow-up of Previous Meeting Results
2. Company Performance July 2023
3. Report on the Results of the Official Trip to Kenya and Its
linkage with Geothermal Cooperation
elevate Laporan Tahunan 2023 Annual Report 445
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Tata Kelola Perusahaan
Good Corporate Governance
Rapat Evaluasi Kinerja Semester I Tahun 2023 PGE
31 Agustus |
Meeting for Evaluation of Performance for the First Semester of V V V V
August 2023
2023 for PGE
Rapat BOD BOC
1. Review/Tindak Lanjut Hasil Rapat Sebelumnya
2. Kinerja Perseroan Agustus 2023
3. Pendanaan Proyek Pertubuhan Anorganik
4. Pendirian Perusahaan Patungan Pengelola WKP Way
Ratai
29- September
V V V V
2023
BOD and BOC Meeting
1. Review and Follow-up of Previous Meeting Results
2. Company Performance August 2023
3. Funding for Inorganic Growth Projects
4. Establishment of a Joint Venture Company for Managing
WKP Way Ratai
Rapat BOD BOC
1. Update Proyek Geotermal Way Ratai dan Seulawah
2. NBO Proyek Pertumbuhan Anorganik
3. Reaktivasi Sibayak & Proyek Pertumbuhan Anorganik
4. Evaluasi atas Implementasi Organ Struktur PGE terhadap
Rencana Pengembangan Bisnis
5. RKAP PGE 2024
6. Review/Tindak Lanjut Hasil Rapat Sebelumnya
7. Executive summary
8. Kinerja Perseroan September 2023
29 Oktober |
V V V V
October 2023 BOD and BOC Meeting
1. Update on the Geothermal Projects in Way Ratai and
Seulawah
2. NBO Project for Inorganic Growth
3. Reactivation of Sibayak & Inorganic Growth Project
4. Evaluation of PGE’s Organizational Structure
Implementation towards Business Development Plan
5. PGE’s Business Plan for 2024 (RKAP PGE 2024)
6. Review and Follow-up of Previous Meeting Results
7. Executive Summary
8. Company Performance September 2023
Rapat BOD BOC
1. Review/Tindak Lanjut Hasil Rapat Sebelumnya
2. Kinerja Perseroan Oktober 2023
29 November
- V V V
2023
BOD and BOC Meeting
1. Review and Follow-up of Previous Meeting Results
2. Company Performance October 2023
Rapat BOD BOC
1. Review/Tindak Lanjut Hasil Rapat Sebelumnya
2. Kinerja Perseroan November 2023
29 Desember |
V V V V
December 2023
BOD and BOC Meeting
1. Review and Follow-up of Previous Meeting Results
2. Company Performance November 2023
SS: Sarman Simanjorang, SSP: Sujit S. Parhar, H: Harris, DMS: David Marito Saragih Turnip, P: Purwitohadi
446 elevate Laporan Tahunan 2023 Annual Report
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Tata Kelola Perusahaan
Good Corporate Governance
Frekuensi dan Kehadiran Komite Nominasi dan Remunerasi
dalam Rapat Dewan Komisaris dan Direksi
Frequency and Attendance of the Nomination and Remuneration Committee
in the Meetings of the Board of Commissioners and the Board of Directors.
Nama Jabatan Jumlah Pertemuan Kehadiran Tingkat Kehadiran
Name Position Number of Meetings Attendance Attendance Rate
Sarman Simanjorang* Ketua/Chairperson 7 7 100%
Harris** Ketua/Chairperson 8 8 100%
Sujit S. Parhar** Anggota/Member 8 7 88%
David Marito Saragih Anggota/Member 15 15 100%
Purwitohadi Anggota/Member 15 15 100%
*Tidak lagi menjabat sejak 5 Juni 2023 | No longer in since June 5, 2023.
** Mulai menjabat sejak 5 Juni 2023 | Served since June 5, 2023
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Tata Kelola Perusahaan
Good Corporate Governance
3) Kehadiran Komite Nominasi dan 3) Attendance of the Nomination and
Remunerasi dalam Rapat Gabungan Remuneration Committee in the Joint
Dewan Komisaris dan Direksi Meeting of the Board of Commissioners
and the Board of Directors
Agenda Rapat Gabungan Fungsi
Agenda for Joint Functional Meetings
Agenda Peserta Rapat
Tanggal Meeting Participants
Agenda
Date
SS SSP H DMS P
27 Januari | Pemaparan Peluang Proyek Pertumbuhan Anorganik
v v v
January 2023 Presentation on Inorganic Growth Project Opportunities
30 Januari | Review Kinerja PGE Tahun 2022
v v v
January 2023 Performance Review of PGE in 2022
Sosialisasi Penilaian Kinerja Direksi, Dewan Komisaris & Komite
di bawah Dewan Komisaris di Anak Perusahaan Pertamina
31 Januari |
Dissemination of Performance Evaluation of the Board of v v v
January 2023
Directors, Board of Commissioners & Committees under the
Board of Commissioners in Pertamina Subsidiaries
Sosialisasi Penilaian Kinerja Direksi, Dewan Komisaris dan
Komite di bawah Dewan Komisaris di Anak Perusahaan
1 Februari | Pertamina
v v v
February 2023 Dissemination of Performance Evaluation of the Board of
Directors, Board of Commissioners & Committees under the
Board of Commissioners in Pertamina Subsidiaries
1 Februari | Pemaparan Review Kinerja PGE Tahun 2022
v v v
February 2023 Presentation on Performance Review of PGE in 2022
Simulasi Penilaian Kinerja Direksi, Dewan Komisaris & Komite
3 Februari |
Simulation of Performance Evaluation of the Board of Directors, v v v
February 2023
Board of Commissioners & Committees
448 elevate Laporan Tahunan 2023 Annual Report
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Tata Kelola Perusahaan
Good Corporate Governance
17 Februari | Penjelasan Review Kinerja PGE Tahun 2022
v v v
February 2023 Explanation of Performance Review of PGE in 2022
Kalibrasi Penilaian Kinerja Individu Direksi PGE
19 Februari |
Calibration of Individual Performance Evaluation of PGE v v v
February 2023
Directors
19 Februari | Diskusi Masa Jabatan Organ Dewan Komisaris
v v v
February 2023 Discussion on Board of Commissioners’ Term of Office
17 Maret | Pembahasan Remunerasi Komite Komisaris Tahun 2023
v v v
March 2023 Discussion on 2023 Commissioner Committee Remuneration
Review RJPP PGE Tahun 2023-2027
5 Mei |May 2023 v v v
Review of PGE’s RJPP for 2023-2027
Pengukuhan Jabatan Direktur Utama dan Direktur Operasi
8 Juni |June PGE
- v v -
2023 Confirmation of the Position of PGE’s President Director and
Director of Operations
8 Juni |June Town Hall Meeting PGE
- v v v
2023 PGE Town Hall Meeting
Perkenalan dan Koordinasi Dewan Komisaris & Komite,
Rencana Kerja Dewan Komisaris Periode Juni sampai dengan
Desember 2023 dan Susunan Komite di bawah Dewan
20 Juni | June Komisaris
v - v v
2023 Introduction and Coordination of the Board of Commissioners
& Committees, Board of Commissioners Work Plan for the
Period of June to December 2023, and Composition of
Committees under the Board of Commissioners
9 Oktober | Feedback ESG Rating
- v v v
October 2023 ESG Rating Feedback
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Tata Kelola Perusahaan
Good Corporate Governance
Diskusi Feedback ESG Rating - Komite Nominasi &
12 Oktober | Remunerasi
- - v v
Oktober 2023 Discussion on ESG Rating Feedback - Nomination &
Remuneration Committee
26 Oktober | RKAP PGE 2024
- v v v
Oktober 2023 PGE’s 2024 RKAP
12 Desember | Town Hall meeting dan HUT PGE ke 17
- v v -
December 2023 Town Hall Meeting and PGE’s 17th Anniversary Celebration
SS: Sarman Simanjorang, SSP: Sujit S. Parhar, H: Harris, DMS: David Marito Saragih Turnip, P: Purwitohadi
Frekuensi dan Kehadiran Komite Nominasi dan Remunerasi dalam Rapat Gabungan Fungsi
Frequency and Attendance of the Nomination and Remuneration Committee at Joint Functional Meetings
Nama Jabatan Jumlah Pertemuan Kehadiran Tingkat Kehadiran
Name Position Number of Meetings Attendance Attendance Rate
Sarman Simanjorang* Ketua/Chairperson 11 11 100%
Harris** Ketua/Chairperson 7 5 71%
Sujit S. Parhar*** Anggota/Member 7 1 14%
David Marito Saragih Anggota/Member 18 18 100%
Purwitohadi Anggota/Member 18 15 89%
*Tidak lagi menjabat sejak 5 Juni 2023
** Mulai menjabat sejak 5 Juni 2023
***Mulai menjabat sebagai anggota Komite Nominasi dan Remunerasi sejak 6 Juni 2023
*No longer in since June 5, 2023.
**Served since June 5, 2023
***Served as a member of the Nomination and Remuneration Committee since June 6, 2023
450 elevate Laporan Tahunan 2023 Annual Report
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Tata Kelola Perusahaan
Good Corporate Governance
Pelatihan dan Pengembangan Training and Competency Development
Kompetensi Komite Nominasi dan for the Nomination and Remuneration
Remunerasi Committee
Berdasarkan piagam Komite Nominasi dan Remunerasi, Based on the charter of the Nomination and Remuneration
rapat internal Komite Nominasi dan Remunerasi wajib Committee, internal meetings of the Nomination and
dilakukan minimal 6 (enam) kali, sedangkan rapat Remuneration Committee must be held at least 6 (six)
gabungan Komite Nominasi dan Remunerasi wajib times, while joint meetings of the Nomination and
dilakukan sebanyak atau sekurang-kurangnya 4 (empat) Remuneration Committee must be held at least 4 (four)
kali. times or more.
Selama tahun 2023, Komite Nominasi dan Remunerasi During the year 2023, the Nomination and Remuneration
melaksanakan rapat internal 8 (delapan) kali dengan Committee conducted internal meetings 8 (eight)
tingkat rata-rata kehadiran anggota Komite Nominasi times with an average attendance rate of 100% of the
dan Remunerasi mencapai 100%. Keputusan rapat committee members. Decisions made during the meetings
diambil berdasarkan musyawarah untuk mufakat dan were based on amicable deliberation and recorded in
proses yang berlangsung dalam rapat dituangkan dalam minutes of meeting signed by all attending members of
risalah rapat yang ditandatangani seluruh anggota the Nomination and Remuneration Committee.
Komite Nominasi dan Remunerasi yang hadir.
Di samping itu, Komite Nominasi dan Remunerasi juga Additionally, the Nomination and Remuneration
menghadiri rapat gabungan Dewan Komisaris dengan Committee attended joint meetings of the Board of
Direksi 15 kali dan rapat gabungan fungsi sebanyak Commissioners with the Board of Directors 15 times and
35 kali. joint functional meetings 35 times.
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Tata Kelola Perusahaan
Good Corporate Governance
Pendidikan dan/atau Pelatihan Komite Nominasi dan Remunerasi
Education and/or Training for the Nomination and Remuneration Committee
Nama Jabatan Tanggal Tempat Pelatihan
Name Position Date Location Training
Sarman Simanjorang Ketua Komite Nominasi Informasi pelatihan dapat dilihat pada bagian pelatihan Dewan
dan Remunerasi Komisaris
Chairperson of the Nomination Training information can be found in the Board of Commissioners’
and Remuneration Committee training section
Harris Ketua Komite Nominasi Informasi pelatihan dapat dilihat pada bagian pelatihan Dewan
dan Remunerasi Komisaris
Chairperson of the Nomination Training information can be found in the Board of Commissioners’
and Remuneration Committee training section
Sujit S.Parhar Anggota Komite Nominasi dan Informasi pelatihan dapat dilihat pada bagian pelatihan Dewan
Remunerasi Komisaris
Member of the Nomination and Training information can be found in the Board of Commissioners’
Remuneration Committee training section
David Marito Saragih Anggota Komite Nominasi dan 15 Februari | Pelatihan Online Webinar Penolakan
Remunerasi February 2023 Online Training Rencana Privatisasi
Member of the Nomination and PGE dan Anak Usaha
Remuneration Committee Pertamina Terafiliasi
Webinar on the
Rejection of the
Privatization Plan of
PGE and Affiliated
Pertamina Subsidiaries
20 April 2023 Jakarta Pelatihan Sosialisasi
GCG
GCG Awareness
Training
10 Agustus | Pelatihan Online Pelatihan BUMN GRC
August 2023 Online Training Masterclass 2023, Pre
IPO & Post IPO dari
IDX
BUMN GRC
Masterclass 2023
Training: Pre-IPO &
Post-IPO by IDX
10 Agustus | Pelatihan Online Pelatihan BUMN GRC
August 2023 Online Training Masterclass 2023,
Pemeringkat dan
Penerbitan Efek Bersifat
Utang & Sukuk (EBUS)
BUMN GRC
Masterclass 2023
Training: Credit Rating
and Issuance of Debt
Securities & Sukuk
(EBUS)
452 elevate Laporan Tahunan 2023 Annual Report
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Tata Kelola Perusahaan
Good Corporate Governance
David Marito Saragih Anggota Komite Nominasi dan 30-31 Oktober | Pelatihan Online Seminar Raising
Remunerasi October 2023 Online Training Capital: A Deep Dive
Member of the Nomination and Into Venture Capital
Remuneration Committee Funding
23 November Denpasar Pelatihan Kewajiban
2023 Bagi Perusahaan pasca
Initial Public Offering
(IPO)
Training on Obligations
for Companies Post
Initial Public Offering
(IPO)
23 November Denpasar Pelatihan Optimalisasi
2023 Peran PGE dalam
Pengembangan
Ekosistem
Perdagangan Karbon
Training on Optimizing
PGE’s Role in Carbon
Trading Ecosystem
Development
24 November Denpasar Pelatihan Penentuan
2023 Prioritas dan Penilaian
Kelayakan Proyek
Geothermal
Training on
Prioritization and
Feasibility Assessment
of Geothermal Projects
24 November Denpasar Pelatihan Penentuan
2023 Prioritas dan
Penilaian Kelayakan
Proyek Geothermal
Downstream
Training on
Prioritization and
Feasibility Assessment
of Downstream
Geothermal Projects
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Tata Kelola Perusahaan
Good Corporate Governance
Purwitohadi Anggota Komite Nominasi dan 15 Februari | Pelatihan Online Webinar Penolakan
Remunerasi February 2023 Online Training Rencana Privatisasi
Member of the Nomination and PGE dan Anak Usaha
Remuneration Committee Pertamina Terafiliasi
Webinar on the
Rejection of the
Privatization Plan of
PGE and Affiliated
Pertamina Subsidiaries
20 April 2023 Pelatihan Online Pelatihan Sosialisasi
Online Training GCG
GCG Awareness
Training
10 Agustus | Pelatihan Online Pelatihan BUMN GRC
August 2023 Online Training Masterclass 2023, Pre
IPO & Post IPO dari
IDX
BUMN GRC
Masterclass 2023
Training: Pre-IPO &
Post-IPO by IDX
10 Agustus | Pelatihan Online Webinar Penolakan
August 2023 Online Training Rencana Privatisasi
PGE dan Anak Usaha
Pertamina Terafiliasi
Webinar on the
Rejection of the
Privatization Plan of
PGE and Affiliated
Pertamina Subsidiaries
7 September Pelatihan Online Pelatihan BUMN GRC
2023 Online Training Masterclass 2023,
Risk Management
Effectiveness
Evaluation
Training on BUMN
GRC Masterclass
2023, Risk
Management
Effectiveness Evaluation
27 September Pelatihan Online Pelatihan BUMN GRC
2023 Online Training Masterclass 2023,
ESG for Boards –
Governance of ESG
Training on BUMN
GRC Masterclass
2023, ESG for Boards
– Governance of ESG
30-31 Oktober | Pelatihan Online Seminar Raising
October 2023 Online Training Capital: A Deep Dive
Into Venture Capital
Funding
454 elevate Laporan Tahunan 2023 Annual Report
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Tata Kelola Perusahaan
Good Corporate Governance
Purwitohadi Anggota Komite Nominasi dan 23 November 2023 Denpasar Pelatihan Kewajiban
Remunerasi Bagi Perusahaan pasca
Member of the Nomination and Initial Public Offering
Remuneration Committee (IPO)
Training on Obligations
for Companies Post
Initial Public Offering
(IPO)
23 November 2023 Denpasar Pelatihan Optimalisasi
Peran PGE dalam
Pengembangan
Ekosistem
Perdagangan Karbon
Training on Optimizing
PGE’s Role in Carbon
Trading Ecosystem
Development
24 November 2023 Denpasar Pelatihan Penentuan
Prioritas dan Penilaian
Kelayakan Proyek
Geothermal
Training on
Prioritization and
Feasibility Assessment
of Geothermal Projects
24 November 2023 Denpasar Pelatihan Penentuan
Prioritas dan
Penilaian Kelayakan
Proyek Geothermal
Downstream
Training on
Prioritization and
Feasibility Assessment
of Downstream
Geothermal Projects
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Tata Kelola Perusahaan
Good Corporate Governance
Pelaksanaan Kegiatan Komite Implementation of the Nomination and
Nominasi dan Remunerasi Tahun 2023 Remuneration Committee Activities in
2023
Selama tahun 2023, Komite Nominasi dan Remunerasi During 2023, the Nomination and Remuneration
telah membantu pelaksanaan kinerja Dewan Komisaris Committee has assisted in the implementation of the
terkait fungsi Nominasi dan Remunerasi sebagai berikut: Board of Commissioners' performance related to the
Nomination and Remuneration functions as follows:
● Membahas kinerja dan penghargaan untuk Dewan • Reviewing the performance and awards for the
Komisaris dan Direksi; Board of Commissioners and the Board of Directors;
● Mengkaji dan memberikan rekomendasi remunerasi • Assessing and providing recommendations for the
Dewan Komisaris dan Direksi tahun buku 2023 untuk remuneration of the Board of Commissioners and
dimintakan persetujuan pemegang saham dalam the Board of Directors for the fiscal year 2023 to
RUPS; be submitted for approval by shareholders at the
GMS;
Menyampaikan rekomendasi terkait nominasi pengganti Providing recommendations regarding the nomination
posisi Dewan Komisaris dan Direksi kepada Dewan of replacements for positions in the Board of
Komisaris untuk dimintakan persetujuan pemegang Commissioners and the Board of Directors to the Board
saham dalam RUPS. of Commissioners for approval by shareholders at the
GMS.
Komite Investasi dan Manajemen Investment and Risk Management
Risiko Committee
Komite Investasi dan Manajemen Risiko merupakan The Investment and Risk Management Committee is a
organ pendukung yang dibentuk untuk membantu tugas supporting body established to assist the supervisory
pengawasan Dewan Komisaris terkait aktivitas investasi tasks of the Board of Commissioners regarding investment
dan pengelolaan risiko terkait yang termasuk di dalam activities and related risk management, including those
RKAP dan RJPP. outlined in the Annual Work Plan and Long-Term Plan.
Pembentukan Komite Investasi dan Manajemen Risiko The establishment of the Company’s Investment and
Perseroan mengacu kepada ketentuan dan peraturan Risk Management Committee is based on the following
perundang-undangan berikut: provisions and laws and regulations:
● Undang-Undang Republik Indonesia No. 40 Tahun ● Law of the Republic of Indonesia No. 40 of 2007 on
2007 tentang Perseroan Terbatas; Limited Liability Companies;
● Undang-Undang No. 19 Tahun 2003 tentang ● Law No. 19 of 2003 on State-Owned Enterprises;
BUMN;
456 elevate Laporan Tahunan 2023 Annual Report
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Tata Kelola Perusahaan
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● Peraturan Menteri Negara Badan Usaha Milik ● Regulation of the Minister of State-Owned
Negara Nomor PER-06/MBU/04/2021 tahun 2021 Enterprises Number PER-06/MBU/04/2021 of
tentang Perubahan Atas Peraturan Menteri Badan 2021 on Amendments to the Regulation of the
Usaha Milik Negara Nomor PER-12/MBU/2012 Minister of State-Owned Enterprises No. PER-12/
tanggal 24 Agustus 2012 tentang Organ Pendukung MBU/2012 dated August 24, 2012 on Supporting
Dewan Komisaris/Dewan Pengawas Badan Usaha Organs of the Board of Commissioners/the Board of
Milik Negara; Supervisors of State-Owned Enterprises;
Peraturan Menteri Negara BUMN Regulation of the Minister of State-Owned Enterprises
No. Per-2/ MBU/03/2023 tentang Pedoman Tata No. Per-2/MBU/03/2023 on Manual for Corporate
Kelola dan Kegiatan Korporasi Signifikan Badan Usaha Governance and Significant Corporate Activities of
State-Owned Enterprises.
Komposisi Komite Investasi dan Composition of the Investment and
Manajemen Risiko Risk Management Committee
Komite Investasi dan Manajemen Risiko dibentuk The Investment and Risk Management Committee
berdasar Surat Keputusan Dewan Komisaris Nomor: was established based on the Decree of the Board of
009/Kpts/DK-PGE/2022-S0 tanggal 1 Maret 2022 Commissioners Number 009/Kpts/DK-PGE/2022-S0
serta No.Kpts-018/DK/PGE/2023-S0 tanggal 20 Juni dated March 1, 2022, and Number Kpts-018/DK/
2023 tentang Penetapan dan Pengangkatan Anggota PGE/2023-S0 dated June 20, 2023, on the Determination
Komite Investasi dan Manajemen Risiko Dewan Komisaris and Appointment of Members of the Investment and Risk
PT Pertamina Geothermal Energy Tbk. Komposisi Komite Management Committee of the Board of Commissioners
Investasi dan Manajemen Risiko per 31 Desember 2023 of PT Pertamina Geothermal Energy Tbk. As of December
terdiri dari satu orang ketua dan tiga anggota sebagai 31, 2023, the composition of the Investment and Risk
berikut: Management Committee consists of one chairperson and
three members as follows:
Nama Jabatan Periode Jabatan
Name Position Term of Position
25 Februari 2022 - 5 Juni 2023
Harris Ketua/Chairperson
February 25, 2022 - June 5, 2023
5 Juni - Sekarang
Dannif Danusaputro Ketua/ Chairperson
June 5 - Present
5 Juni - Sekarang
Sujit S. Parhar Anggota/Member
June 5 - Present
25 Februari 2022 - Sekarang
Iya Rusdiana Anggota/Member
February 25, 2022 - Present
25 Februari 2022 - Sekarang
Yessa Arthur Erriadita Anggota/Member
February 25, 2022 - Present
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Tata Kelola Perusahaan
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Profil Komite Investasi dan Manajemen Risiko per 31 Desember 2023
Profile of the Investment and Risk Management Committee as of December 31, 2023
Dannif Danusaputro
Ketua Komite Investasi dan Manajemen Risiko
Chairperson of the Investment and Risk Management Committee
Dasar hukum penugasan sebagai Ketua Komite Investasi The legal basis for the appointment as Chairperson of
dan Manajemen Risiko adalah Surat Keputusan Dewan the Investment and Risk Management Committee is
Komisaris No. Kpts-018/DK/PGE/2023-S0 tanggal 20 the Decree of the Board of Commissioners No. Kpts-
Juni 2023. Bapak Dannif Danusaputro juga merupakan 018/DK/PGE/2023-S0 dated June 20, 2023. Mr.
Komisaris PGE dan memiliki keahlian dibidang Keuangan Dannif Danusaputro also serves as a Commissioner of
dan EBT. Profil beliau dapat dilihat pada bagian Profil PGE and possesses expertise in Finance and New and
Dewan Komisaris di Bab Profil Perusahaan pada Laporan Renewable Energy. His profile can be found in the Board
Tahunan ini. of Commissioners' Profile section of the Company Profile
in this Annual Report.
Sujit S. Parhar
Anggota Komite Investasi dan Manajemen Risiko
Member of the Investment and Risk Management Committee
Dasar hukum penugasan sebagai anggota Komite The legal basis for the appointment as a member of
Investasi dan Manajemen Risiko adalah Surat Keputusan the Investment and Risk Management Committee is the
Dewan Komisaris No. Kpts-018/DK/PGE/2023-S0 Decree of the Board of Commissioners No. Kpts-018/DK/
tanggal 20 juni 2023. Bapak Sujit S. Parhar juga PGE/2023-S0 dated June 20, 2023. Mr. Sujit S. Parhar
merupakan Komisaris Independen PGE dan memiliki also serves as an Independent Commissioner of PGE and
keahlian dibidang Bisnis Manajemen, Teknik Sipil, has expertise in Business Management, Civil Engineering,
Akuntansi, dan EBT. Profil beliau dapat dilihat pada Accounting, and New Renewable Energy. His profile can
bagian Profil Dewan Komisaris di Bab Profil Perusahaan be found in the Board of Commissioners' Profile section of
pada Laporan Tahunan ini. the Company Profile in this Annual Report.
458 elevate Laporan Tahunan 2023 Annual Report
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Tata Kelola Perusahaan
Good Corporate Governance
IYA RUSDIANA
Anggota Komite Investasi dan Manajemen Risiko
Member of the Investment and Risk Management Committee
Kewarganegaraan: Warga Negara Indonesia
Nationality : Indonesian Citizen
Usia: 54 tahun
Age : 54 years old
Domisili:
Bandung
Domicile :
Berdasarkan Surat Keputusan Dewan Komisaris Nomor: 009/ Kpts/DK-PGE/2022-S0
Dasar Hukum Penunjukan: tanggal 1 Maret 2022 dan No.Kpts-018/DK/PGE/2023-S0 tanggal 20 Juni 2023
Legal Basis for Appointment : Based on the Decree of the Board of Commissioners Number 009/Kpts/DK-PGE/2022-S0
dated March 1, 2020 and No.Kpts-018/DK/PGE/2023-S0 dated June 20, 2023
Periode Menjabat:
25 Februari | February 2022-sekarang | present
Term of Office:
• Diploma 3 Teknik Kimia ITB Bandung (1990)
Latar Belakang Pendidikan: • Sarjana Ekonomi Manajemen Universitas Purwokerto (2001)
Educational Background: • Diploma in Chemical Engineering, Bandung Institute of Technology (ITB), Bandung (1990)
• Bachelor of Economics in Management, Purwokerto University (2001)
Sertifikasi
Certification in Audit Committee Practices (CACP)
Certifications
Bidang Keahlian: Audit Forensik, Operasional, dan Akuntansi
Areas of Expertise: Forensic, Operational, and Accounting Audit
• Manager Invest. Audit I PT Pertamina (Persero) (2020 - 2023)
Pengalaman Kerja: • Manager Operation Investigation Audit PT Pertamina (Persero) (2018-2020)
Work Experience • Manager Refinery & Mkt. Investig Audit PT Pertamina (Persero) (2017-2018)
• Internal Audit Corp & Central Area Mgr PT Pertamina (Persero) (2015-2017)
Rangkap Jabatan:
Chief Audit Executive PT Pertamina Hulu Rokan
Concurrent Positions:
Tidak memiliki hubungan afiliasi dengan anggota Dewan Komisaris, Direksi dan Pemegang Saham Pengendali
Hubungan Afiliasi:
No affiliations with members of the Board of Commissioners, the Board of Directors, and Controlling
Affiliation Relations:
Shareholders
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Page 460
Tata Kelola Perusahaan
Good Corporate Governance
YESSA ARTHUR ERRIADITA
Anggota Komite Investasi dan Manajemen Risiko
Member of the Investment and Risk Management Committee
Kewarganegaraan: Warga Negara Indonesia
Nationality : Indonesian Citizen
Usia: 41 tahun
Age : 41 years old
Domisili:
Jakarta
Domicile :
Berdasarkan Surat Keputusan Dewan Komisaris Nomor: No. 025/ Kpts/DK-PGE/2022-S0
Dasar Hukum Penunjukan: dan No.Kpts-018/DK/PGE/2023-S0 tanggal 20 Juni 2023
Legal Basis for Appointment : Based on the Decree of the Board of Commissioners Number 025/Kpts/DK-PGE/2022-S0
and Kpts-018/DK/PGE/2023-S0 dated June 20, 2023
• 1 November 2022-31 Oktober | October 2023 (Periode | Term 1)
Periode Menjabat:
• 1 November 2023-31 Oktober | October 2024 (Periode | Term 2)
Term of Office:
• Master of Science in Investment Analysis, Tilburg University (The Netherlands) 2006
Latar Belakang Pendidikan: • Sarjana Ekonomi, Universitas Indonesia 2000
Educational Background: • Master of Science in Investment Analysis, Tilburg University (The Netherlands) 2006
• Bachelor of Economics, University of Indonesia, 2000
Sertifikasi
-
Certifications
• Manajemen Keuangan
• Analisa Laporan Keuangan
• Analisa Investasi
• Change Management
• Corporate Finance
• Merger & Acquisition
Bidang Keahlian:
Areas of Expertise: • Financial Management
• Financial Statement Analysis
• Investment Analysis
• Change Management
• Corporate Finance
• Merger & Acquisition
• Manager, PT Pertamina Power Indonesia 2021 - Sekarang
• Assistant Vice President, PT Mandiri Sekuritas 2016 - 2021
• First Senior Manager, PT Bank Mandiri (Persero) Tbk 2009 - 2016
• Teaching Assistant, Fakultas Ekonomi Universitas Indonesia 2004 – 2006
Pengalaman Kerja:
Work Experience
• Manager, PT Pertamina Power Indonesia 2021 - Present
• Assistant Vice President, PT Mandiri Sekuritas 2016 - 2021
• First Senior Manager, PT Bank Mandiri (Persero) Tbk 2009 – 2016
• Teaching Assistant, Faculty of Economics, University of Indonesia 2004 - 2006
Rangkap Jabatan:
Manager Portfolio PT Pertamina Power Indonesia
Concurrent Positions:
Tidak memiliki hubungan afiliasi dengan anggota Dewan Komisaris, Direksi dan Pemegang Saham Pengendali
Hubungan Afiliasi:
No affiliations with members of the Board of Commissioners, the Board of Directors, and Controlling
Affiliation Relations:
Shareholders
460 elevate Laporan Tahunan 2023 Annual Report
Page 461
Tata Kelola Perusahaan
Good Corporate Governance
Independensi Komite Investasi dan Independence of the Investment and
Manajemen Risiko Risk Management Committee
Seluruh anggota Komite Investasi dan Manajemen All members of the Investment and Risk Management
Risiko telah memberikan pernyataan independensi Committee have provided a statement of independence
yang menyatakan bahwa anggota Komite Investasi dan declaring that they do not have any relations with
Manajemen Risiko tidak memiliki hubungan dengan the management, share ownership, and/or family
kepengurusan, kepemilikan saham dan/atau hubungan relationship up to the second degree, with members of
keluarga sampai derajat kedua, dengan anggota Dewan the Board of Commissioners, the Board of Directors, or
Komisaris, Direksi maupun Pemegang Saham. Shareholders.
Pernyataan Independensi Dannif Sujit S. Iya Yessa Arthur
No Harris
Independence Statement Danusaputro Parhar Rusdiana Erriadita
Tidak bekerja atau memiliki wewenang untuk
merencanakan, memimpin, mengendalikan, atau
mengawasi kegiatan Perseroan dalam 6 bulan
1 terakhir; V V V V V
Having not worked or have the authority
to plan, lead, control, or supervise the Company’s
activities in the past 6 months
Tidak secara langsung maupun tidak langsung
memiliki saham di Perseroan
2 V V V V V
Does not directly or indirectly own shares in the
Company
Tidak memiliki hubungan afiliasi dengan
Perseroan atau pemegang saham utama/
pengendali atau salah satu anggota Dewan
Komisaris atau Direksi
3 V V V V V
Does not have any affiliations with the Company
or majority/controlling shareholders or any
members of the Board of Commissioners
or Directors
Tidak memiliki hubungan kerja/ profesional
langsung maupun tidak langsung dengan
4 Perseroan V V V V V
Does not have any direct or indirect employment/
professional relationship with the Company
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Tata Kelola Perusahaan
Good Corporate Governance
Piagam Komite Investasi dan Charter of the Investment and Risk
Manajemen Risiko Management Committee
Pedoman kerja Komite Investasi dan Manajemen Risiko Manual for the Investment and Risk Management
disahkan melalui Surat Keputusan No. 009/Kpts/ Committee was approved through Decree No. 009/
DK-PGE/2022-S0 tanggal 1 Maret 2022 tentang Kpts/DK-PGE/2022-S0 dated March 1, 2022, on the
Penetapan dan Pengangkatan Anggota Komite Investasi Determination and Appointment of Members of the
dan Manajemen Risiko Dewan Komisaris PT Pertamina Investment and Risk Management Committee of the Board
Geothermal Energy. Piagam Komite disusun sebagai of Commissioners of PT Pertamina Geothermal Energy.
pedoman pelaksanaan tugas dan tanggung jawab Komite The Committee Charter is formulated as a manual for
agar berjalan efisien, efektif, transparan, kompeten, executing the duties and responsibilities of the Committee
independen, dan dapat dipertanggungjawabkan. to ensure efficiency, effectiveness, transparency,
competence, independence, and accountability.
Isi piagam Komite Investasi dan Manajemen Risiko The contents of the Investment and Risk Management
adalah sebagai berikut: Committee Charter are as follows:
• Pendahuluan • Introduction
• Tugas dan tanggung jawab • Duties and responsibilities
• Komposisi, struktur keanggotaan • Composition, membership structure
• Tata cara dan prosedur kerja • Procedures and working methods
• Kebijakan penyelenggaraan rapat • Policy for conducting meetings
• Sistem pelaporan kegiatan • Reporting system for activities
• Masa jabatan • Term of office
• Pemberlakuan • Enforcement
462 elevate Laporan Tahunan 2023 Annual Report
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Tata Kelola Perusahaan
Good Corporate Governance
Tugas dan Tanggung Jawab Komite Duties and Responsibilities of the
Investasi dan Manajemen Risiko Investment and Risk Management
Committee
Tugas dan tanggung jawab Komite Investasi dan The duties and responsibilities of the Company’s
Manajemen Risiko Perseroan adalah sebagai berikut: Investment and Risk Management Committee are as
follows:
• Melakukan evaluasi atas perencanaan pengurusan • Evaluate the Company’s management planning
Perseroan (RJPP/RKAP) dan tingkat risikonya (RJPP/RKAP) and its risk level, as well as
serta melakukan pemantauan dan analisis monitor and analyze its implementation;
pelaksanaannya;
• Melakukan evaluasi atas perencanaan investasi • Evaluate investment plans requested for approval
yang dimintakan persetujuan oleh Direksi atau by the Board of Directors or written responses
tanggapan tertulis dari Dewan Komisaris dan from the Board of Commissioners and monitor their
melakukan pemantauan pelaksanaannya serta implementation as well as analyze investment results;
analisis hasil investasi;
• Melakukan kajian berkala atas efektivitas kebijakan • Conduct periodic reviews of the effectiveness of
investasi serta risiko yang terkait didalamnya sebagai investment policies and related risks for consideration
bahan pendapat Dewan Komisaris; by the Board of Commissioners;
• Menyediakan bahan rujukan dan informasi untuk • Provide reference materials and information for the
keperluan Dewan Komisaris terkait pengelolaan needs of the Board of Commissioners regarding the
investasi Perseroan; management of the Company’s investments;
• Memberikan masukan dan rekomendasi atas laporan • Provide input and recommendations on reports from
Direksi dalam pengurusan investasi Perseroan; the Board of Directors regarding the management of
the Company’s investments;
• Membuat rencana kerja tahunan yang diselaraskan • Develop an annual work plan aligned with the
dengan rencana kerja tahunan Dewan Komisaris; annual work plan of the Board of Commissioners;
• Melaporkan secara berkala hasil-hasil kerja komite • Regularly report the committee’s work results to the
kepada Dewan Komisaris; Board of Commissioners;
• Secara periodik melakukan pengkajian dan • Periodically review and examine the completeness of
menelaah kelengkapan Piagam Komite dan the Committee Charter and provide recommendations
memberikan rekomendasi kepada Dewan Komisaris to the Board of Commissioners for any necessary
atas penyesuaian-penyesuaian yang diperlukan; adjustments;
• Melaksanakan tugas lain dari Dewan Komisaris • Perform other duties from the Board of Commissioners
terkait peran dan tanggung jawab Dewan Komisaris related to the roles and responsibilities of the Board
dalam hal pengawasan atas investasi Perseroan. of Commissioners in overseeing the Company’s
investments.
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Tata Kelola Perusahaan
Good Corporate Governance
Wewenang Komite Investasi dan Authority of the Investment and Risk
Manajemen Risiko Management Committee
Komite Investasi dan Manajemen Risiko memiliki The Investment and Risk Management Committee has the
wewenang sebagai berikut: following authorities:
• Komite Investasi dan Manajemen Risiko menerima • The Investment and Risk Management Committee
otoritas dan penugasan dari Dewan Komisaris. receives authority and assignments from the Board
of Commissioners.
• Komite Investasi dan Manajemen Risiko berwenang • The Committee is authorized to access
untuk mengakses informasi atau catatan tentang information or records about employees,
pekerja, keuangan, aset, kebijakan perusahaan finances, assets, company policies, and other
serta sumber daya perseroan lainnya yang berkaitan company resources related to its duties.
dengan pelaksanaan tugasnya.
• Dalam melaksanakan wewenang sebagaimana • In exercising its authority as stated in point 2 item
angka 2 butir b di atas, Komite Investasi dan b above, the Investment and Risk Management
Manajemen Risiko bekerja sama dengan Sekretaris Committee collaborates with the Secretary of the
Dewan Komisaris, Sekretaris Perusahaan dan Board of Commissioners, Company Secretary, and
unit-unit lain yang berkaitan dengan tugasnya. other relevant units.
• Apabila diperlukan, dengan persetujuan tertulis • If necessary, with the written approval of the
Dewan Komisaris, Komite Investasi dan Manajemen Board of Commissioners, the Investment and Risk
Risiko dapat mempekerjakan tenaga ahli dan/atau Management Committee may engage experts and/
konsultan untuk membantu Komite Investasi dan or consultants to assist it, at the company's expense.
Manajemen Risiko, atas biaya perusahaan.
• Apabila diperlukan, dengan persetujuan tertulis • If necessary, with the written approval of the
Dewan Komisaris, Komite Investasi dan Manajemen Board of Commissioners, the Investment and Risk
Risiko dapat membentuk suatu tim yang bersifat Management Committee may form an ad-hoc team,
ad-hoc, dimana kriteria, dan periode penugasannya the criteria and period of assignment of which are
disesuaikan dengan jenis pekerjaannya. tailored to the nature of the work.
464 elevate Laporan Tahunan 2023 Annual Report
Page 465
Tata Kelola Perusahaan
Good Corporate Governance
Kebijakan dan Pelaksanaan Rapat Policy and Implementation of
Komite Investasi dan Manajemen Meetings of the Investment and Risk
Risiko Management Committee
Berdasarkan piagam Komite Investasi dan Manajemen Based on the Charter of the Investment and Risk
Risiko, rapat internal Komite Investasi dan Manajemen Management Committee, internal meetings of the
Risiko wajib dilakukan minimal enam kali, sedangkan Investment and Risk Management Committee must
rapat gabungan Komite Investasi dan Manajemen Risiko be held at least six times, while joint meetings of the
wajib dilakukan sebanyak atau sekurang-kurangnya Investment and Risk Management Committee must be
empat kali. held a minimum of four times or more.
Selama tahun 2023, Komite Investasi dan Manajemen During the year 2023, the Investment and Risk
Risiko melaksanakan rapat internal lima kali, dengan Management Committee held internal meetings five
tingkat rata-rata kehadiran anggota Komite Investasi times, with an average attendance rate of 80% among
dan Manajemen Risiko mencapai 80%. Keputusan rapat the members. Decisions in the meetings were made
diambil berdasarkan musyawarah untuk mufakat dan through amicable deliberation, and the proceedings of
proses yang berlangsung dalam rapat dituangkan dalam the meetings were documented in minutes of meeting
risalah rapat yang ditandatangani seluruh anggota signed by all attending members of the Investment and
Komite Investasi dan Manajemen Risiko yang hadir. Risk Management Committee.
Selain itu, Komite Investasi dan Manajemen Risiko juga In addition, the Investment and Risk Management
menghadiri rapat gabungan Dewan Komisaris dengan Committee also attended joint meetings of the Board of
Direksi sebanyak 15 kali dan rapat gabungan fungsi Commissioners with the Board of Directors 15 times and
sebanyak 46 kali. Berikut rincian rapat Komite Investasi joint functional meetings 46 times. Here is the detailed
dan Manajemen Risiko. breakdown of the Investment and Risk Management
Committee meetings.
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Tata Kelola Perusahaan
Good Corporate Governance
1) Kehadiran Komite Investasi dan 1) Attendance of the Investment and Risk
Manajemen Risiko dalam Rapat Internal Management Committee in Internal
Meetings and the Board of Directors
Agenda Rapat Internal
Internal Meeting Agendas
Peserta Rapat
Tanggal Agenda Meeting Participants
Date Agenda
H DD SSP IR YA
Rapat Koordinasi KPIMR Dewan Komisaris PT Pertamina
(Persero)
8 februari |
Coordination Meeting of the Investment and Risk Management - V -
February 2023
Committee of the Board of Commissioners of PT Pertamina
(Persero)
Project Wilis - Go/ No-Go Call Proyek Pertumbuhan Anorganik
20 April 2023 V V V
Project Wilis - Go/No-Go Call for Inorganic Growth Project
Rapat Gabungan Komite Audit dan Fungsi, Progres LMB 2, dan
Hambatannya, Rencana Pengembangan Proyek Pertumbuhan
Anorganik, Progres Investasi Lainnya untuk Menuju 600 MW,
13 Juli | Current Issues yang Sedang Dihadapi
V - V V
July 2023 Joint Meeting of Audit Committee and Functions, Progress of
LMB 2, and Its Constraints, Plan for Inorganic Growth Project
Development, Progress of Other Investments Towards 600
MW, Current Issues Being Faced
Rapat Gabungan Komite dan Fungsi, Progress LMB Unit 2,
terkait Kepastian Timing dan Progress Pelaksanaan, serta
20 Juli | Update keekonomian.
V V V V
July 2023 Combined Meeting of Committees and Functions, Progress of
LMB Unit 2, Regarding Timing Certainty and Implementation
Progress, as well as Economic Updates.
1 November Pemaparan Pembentukan JV Way Ratai
- - V V
2023 Presentation on the Establishment of JV Way Ratai
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Page 467
Tata Kelola Perusahaan
Good Corporate Governance
Frekuensi Kehadiran Komite Investasi dan Manajemen Risiko dalam Rapat Internal
Frequency of Attendance of the Investment and Risk Management Committee in Internal Meetings
Nama Jabatan Jumlah Pertemuan Kehadiran Tingkat Kehadiran
Name Position Number of Meetings Attendance Attendance Rate
Harris* Ketua/Chairperson 2 1 50%
Dannif Danusaputro** Ketua/Chairperson 3 2 67%
Sujit S. Parhar** Anggota/Member 3 1 33%
Iya Rusdiana Anggota/Member 5 5 100%
Yessa Arthur Anggota/Member 5 4 80%
*Tidak lagi menjabat sejak 5 Juni 2023
** Mulai menjabat sejak 5 Juni 2023
*No longer in since June 5, 2023.
**Served since June 5, 2023
elevate Laporan Tahunan 2023 Annual Report 467
Page 468
Tata Kelola Perusahaan
Good Corporate Governance
2) Kehadiran Komite Investasi dan 2) Attendance of the Investment Committee
Manajemen Risiko dalam Rapat Gabungan and Risk Management in the Joint Meeting
Dewan Komisaris dengan Direksi of the Board of Commissioners with the
Board of Directors
Agenda Rapat Gabungan Dewan Komisaris dengan Direksi
Agenda for the Joint Meeting of the Board of Commissioners with the Board of Directors
Peserta Rapat
Tanggal Agenda Meeting Participants
Date Agenda
H DD SSP IR YA
19 Januari |
BOC-BOD Special Meeting: Update IPO Progress V V V
January 2023
Rapat BOD-BOC
1. Review/Tindak Lanjut Hasil Rapat Sebelumnya
2. Executive Summary dan Kinerja Perseroan Desember
2022
24 Januari |
V V V
January 2023
BOD-BOC Meeting
1. Review and Follow-up on Previous Meeting
2. Executive Summary and Company Performance
December 2022
Rapat BOD-BOC
1. Review/Tindak Lanjut Hasil Rapat Sebelumnya
2. Executive Summary dan Kinerja Perseroan Januari 2023
3. Review Kinerja PGE Tahun 2022
17 Februari |
V V V
February 2023 BOD-BOC Meeting
1. Review and Follow-up on Previous Meeting
2. Executive Summary and Company Performance January
2023
3. Review of PGE’s Performance 2022
Rapat BOD-BOC Kinerja Februari 2023
1. Review/Tindak Lanjut Hasil Rapat Sebelumnya
2. Executive Summary dan Kinerja Perseroan Februari 2023
3. Pembahasan Observer untuk Aktivitas PGE
21 Maret |
V V V
March 2023 BOD-BOC Meeting
1. Review and Follow-up on Previous Meeting
2. Executive Summary and Company Performance February
2023
3. Discussion of Observers for PGE Activities
31 Maret | Pembahasan Observer untuk Aktivitas PGE
V V V
March 2023 Discussion of Observers for PGE Activities
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Tata Kelola Perusahaan
Good Corporate Governance
Rapat BOD-BOC
1. Review/Tindak Lanjut Hasil Rapat Sebelumnya
2. Executive Summary dan Kinerja Perseroan Maret 2023
17 April 2023 V V V
BOD-BOC Meeting
1. Review and Follow-up on Previous Meeting
2. Executive Summary and Company Performance March
2023
Rapat BOD-BOC
1. Review/Tindak Lanjut Hasil Rapat Sebelumnya
2. Executive Summary dan Kinerja Perseroan Maret 2023
16 Mei | May
V V V
2023 BOD-BOC Meeting
1. Review and Follow-up on Previous Meeting
2. Executive Summary and Company Performance March
2023
Rapat BOD-BOC
1. Review/Tindak Lanjut Hasil Rapat Sebelumnya
2. Executive Summary dan Kinerja Perseroan Mei 2023
3. Analisis Asset Under Construction - Mitigasi Risiko
Impairment
4. Analisis Foreign Exchange Exposure - Yen dan IDR
terhadap USD
26 Juni | June
V V V V
2023 BOD-BOC Meeting
1. Review and Follow-up on Previous Meeting
2. Executive Summary and Company Performance
May 2023
3. Analysis of Assets Under Construction
- Mitigation of Impairment Risks
4. Analysis of Foreign Exchange Exposure
- Yen and IDR against USD
Rapat BOD BOC
1. Review/Tindak Lanjut Hasil Rapat Sebelumnya
2. Executive Summary dan Kinerja Perseroan Juni 2023
26 Juli | July
V V V V
2023 BOD-BOC Meeting
1. Review and Follow-up on Previous Meeting
2. Executive Summary and Company Performance June
2023
Rapat BOD BOC
1. Review/Tindak Lanjut Hasil Rapat Sebelumnya
2. Executive Summary dan Kinerja Perseroan Juli 2023
3. Laporan Hasil Perjalanan Dinas ke Kenya dan
Keterkaitan dengan Kerja Sama Panas Bumi
31 Agustus |
V V V V
August 2023 BOD-BOC Meeting
1. Review and Follow-up on Previous Meeting
2. Executive Summary and Company Performance July
2023
3. Report on the Results of Official Trip to Kenya and its
Linkage with Geothermal Cooperation
Rapat Evaluasi kinerja Semester I Tahun 2023 PGE
31 Agustus |
Meeting for Performance Evaluation of PGE for the First V V V V
August 2023
Semester of 2023
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Tata Kelola Perusahaan
Good Corporate Governance
Rapat BOD BOC
1. Review/Tindak Lanjut Hasil Rapat Sebelumnya
2. Kinerja Perseroan Agustus 2023
3. Pendanaan Proyek Pertumbuhan Anorganik
4. Pendirian Perusahaan Patungan Pengelola WKP Way
Ratai
29 September
V V V V
2023 BOD-BOC Meeting
1. Review and Follow-up on Previous Meeting
2. Executive Summary and Company Performance August
2023
3. Funding for Inorganic Growth Projects
4. Establishment of Joint Venture Company for Managing
WKP Way Ratai
Rapat BOD BOC
1. Update Proyek Geothermal Way Ratai dan Seulawah
2. NBO Proyek Pertumbuhan Anorganik
3. Reaktivasi Sibayak & Proyek Pertumbuhan Anorganik
4. Evaluasi atas Implementasi Organ Struktur PGE
terhadap Rencana Pengembangan Bisnis
5. RKAP PGE 2024
6. Review/Tindak Lanjut Hasil Rapat Sebelumnya
7. Executive Summary
8. Kinerja Perseroan September 2023
29 Oktober |
V V V V
October 2023 BOD-BOC Meeting
1. Update on Geothermal Projects in Way Ratai and
Seulawah
2. NBO for Inorganic Growth Projects
3. Reactivation of Sibayak & Inorganic Growth Projects
4. Evaluation of PGE’s Organizational Structure
Implementation against Business Development Plans
5. PGE’s 2024 RKAP
6. Review/Follow-up on Previous Meeting Minutes
7. Executive Summary
8. Company Performance September 2023
Rapat BOD BOC
1. Review/Tindak Lanjut Hasil Rapat Sebelumnya
2. Kinerja Perseroan Oktober 2023
29 November
V V V V
2023
BOD-BOC Meeting
1. Review and Follow-up on Previous Meeting
2. Company Performance October 2023
Rapat BOD BOC
1. Review/Tindak Lanjut Hasil Rapat Sebelumnya dan
2. Kinerja Perseroan November 2023
29 Desember |
V V V V
December 2023
BOD-BOC Meeting
1. Review and Follow-up on Previous Meeting
2. Company Performance November 2023
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Tata Kelola Perusahaan
Good Corporate Governance
Frekuensi dan Kehadiran Komite Investasi dan Manajemen Risiko dalam Rapat Gabungan
Dewan Komisaris dengan Direksi
Frequency and Attendance of the Investment Committee and Risk Management in the Joint Meetings
of the Board of Commissioners with the Board of Directors
Nama Jabatan Jumlah Pertemuan Kehadiran Tingkat Kehadiran
Name Position Number of Meetings Attendance Attendance Rate
Harris* Ketua/Chairperson 7 7 100%
Dannif Danusaputro** Ketua/Chairperson 8 8 100%
Sujit S. Parhar** Anggota/Member 8 7 88%
Iya Rusdiana Anggota/Member 15 15 100%
Yessa Arthur Anggota/Member 15 15 100%
*Tidak lagi menjabat sejak 5 Juni 2023
** Mulai menjabat sejak 5 Juni 2023
*No longer in since June 5, 2023.
**Served since June 5, 2023
elevate Laporan Tahunan 2023 Annual Report 471
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Tata Kelola Perusahaan
Good Corporate Governance
3) Kehadiran Komite Investasi dan Manajemen 3) Attendance of the Investment Committee
Risiko dalam Rapat Gabungan Fungsi and Risk Management in Joint Functional
Meetings
Agenda Rapat Gabungan Fungsi
Joint Functional Meeting Agenda
Peserta Rapat
Tanggal Agenda Meeting Participants
Date Agenda
H DD SSP IR YA
Pemaparan Peluang Akuisisi Proyek Pertubuhan Anorganik
27 Januari |
Presentation on Opportunities for Inorganic Growth Project - V V
January 2023
Acquisition
30 Januari | Review Kinerja PGE Tahun 2022
V V V
January 2023 Review of PGE's Performance in 2022
Sosialisasi Penilaian Kinerja Direksi, Dewan Komisaris & Komite
di bawah Dewan Komisaris di Anak Perusahaan Pertamina
31 Januari |
Dissemination of Performance Evaluation for the Board of V - -
January 2023
Directors, Board of Commissioners & Committees under
the Board of Commissioners at Pertamina's Subsidiaries
Sosialisasi Penilaian Kinerja Direksi, Dewan Komisaris dan Komite
di bawah Dewan Komisaris di Anak Perusahaan Pertamina
1 Februari |
Dissemination of Performance Evaluation for the Board of - - -
February 2023
Directors, Board of Commissioners & Committees under the
Board of Commissioners at Pertamina's Subsidiaries
1 Februari | Pemaparan Review Kinerja PGE Tahun 2022
V V V
February 2023 Presentation on PGE's Performance Review for the Year 2022
Simulasi Penilaian Kinerja Direksi, Dewan
Komisaris & Komite di bawah Dewan Komisaris
3 Februari |
Simulation of Performance Evaluation for the Board of Directors, V V -
February 2023
Board of Commissioners, and Committees under the Board of
Commissioners
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Page 473
Tata Kelola Perusahaan
Good Corporate Governance
Pembahasan Pengajuan Pinjaman Luar Negeri
5 Februari |
(Long term Loan) - V V
February 2023
Discussion on Foreign Loan Application (Long term Loan)
Rapat Koordinasi KPIMR Dewan Komisaris PT Pertamina
8 Februari | (Persero)
V - -
February 2023 Coordination Meeting of the KPIMR Committee of the Board
of Commissioners of PT Pertamina (Persero)
Penjelasan Review Kinerja PGE Tahun 2022
17 Februari |
Explanation of the Performance Review of PGE for the Year - V V
February 2023
2022
Kalibrasi Penilaian Kinerja Individu Direksi PGE
19 Februari |
Calibration of Individual Performance Evaluation for PGE’s V V V
February 2023
Board of Directors
Diskusi Masa Jabatan Dewan Komisaris
19 Februari |
Discussion on the Term of Office for the Board of - - -
February 2023
Commissioners
Perkenalan Pejabat Baru Sebagai Chief Audit Executive PGE
8 Maret |
Introduction of the New Officer as the Chief Audit Executive of - - -
March 2023
PGE
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Tata Kelola Perusahaan
Good Corporate Governance
Pembahasan Remunerasi Komite Komisaris Tahun 2023
17 Maret |
Discussion on the Remuneration of the Board of Commissioners’ - - -
March 2023
Committees for the Year 2023
21 Maret | Pembahasan Observer untuk Aktivitas PGE
V - -
March 2023 Discussion on Observers for PGE Activities
Refinancing Bridge Loan Melalui Penerbitan Green Bonds atau
Penarikan Green Loan
17 April 2023 V V V
Refinancing Bridge Loan through Issuance of Green Bonds
or Withdrawal of Green Loans
20 April 2023 Initial and Final Price Guidance Green Bonds PGE V V V
5 Mei | May Review RJPP PGE Tahun 2023-2027
- V V
2023 Review of PGE’s RJPP for the Years 2023-2027
Pengukuhan Jabatan Direktur Utama dan Direktur Operasi PGE
8 Juni | June
Confirmation of the Positions of President Director and Director - - - -
2023
of Operations at PGE
8 Juni | June
Town Hall Meeting PGE V - V -
2023
Perkenalan dan Koordinasi Dewan Komisaris & Komite,
Rencana Kerja Dewan Komisaris Periode Juni sampai dengan
Desember 2023 dan Susunan Komite Komisaris
20 Juni | June
Introduction and Coordination of the Board of Commissioners & V V V V
2023
Committees, Work Plan of the Board of Commissioners for the
Period from June to December 2023, and Composition of the
Commissioners’ Committees
12 September Pendanaan Proyek Pertumbuhan Anorganik
V - V V
2023 Funding for Inorganic Growth Projects
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Tata Kelola Perusahaan
Good Corporate Governance
Pembahasan Internal Approval JV Way Ratai
18 September
Discussion on Internal Approval for the Joint Venture in Way - - V V
2023
Ratai
26 Oktober |
RKAP PGE 2024 - - V V
October 2023
Pemaparan Hasil Uji Tuntas Proyek Pertumbuhan Anorganik
30 Oktober |
Presentation on Due Diligence Results for the Inorganic Growth V V V V
October 2023
Project
12 Desember | Town Hall meeting dan HUT PGE ke 17
V - V
December 2023 Town Hall Meeting and PGE’s 17th Anniversary Celebration
-
Frekuensi dan Kehadiran Komite Nominasi dan Investasi dalam Rapat Gabungan Fungsi
Frequency and Attendance of the Nomination and Investment Committee in Joint Functional Meetings
Nama Jabatan Jumlah Pertemuan Kehadiran Tingkat Kehadiran
Name Position Number of Meetings Attendance Attendance Rate
Harris* Ketua/Chairperson 17 9 53%
Dannif Danusaputro** Ketua/Chairperson 8 5 63%
Sujit S. Parhar** Anggota/Member 8 2 25%
Iya Rusdiana Anggota/Member 25 16 64%
Yessa Arthur Anggota/Member 25 15 60%
*Tidak lagi menjabat sejak 5 Juni 2023
** Mulai menjabat sejak 5 Juni 2023
*No longer in since June 5, 2023.
**Served since June 5, 2023
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Tata Kelola Perusahaan
Good Corporate Governance
Pelatihan dan Pengembangan Training and Competency
Kompetensi Komite Investasi dan Development of the Investment and
Manajemen Risiko Risk Management Committee
Perseroan menyertakan anggota Komite Investasi dan The Company includes members of the Investment and Risk
Manajemen Risiko pada pendidikan dan/atau pelatihan, Management Committee in education and/or training,
baik yang diselenggarakan secara internal maupun both internally and externally organized. The aim is to
eksternal. Tujuannya untuk meningkatkan keahlian dan enhance the skills and competencies of each member
kompetensi masing-masing anggota Komite Investasi dan of the Investment and Risk Management Committee.
Manajemen Risiko. Sepanjang 2023, Komite Investasi Throughout 2023, the Investment and Risk Management
dan Manajemen Risiko telah mengikuti pelatihan sebagai Committee has participated in the following training
berikut: programs:
Pendidikan dan/atau Pelatihan Komite Nominasi dan Remunerasi
Education and/or Training for the Nomination and Remuneration Committee
Nama Jabatan Tanggal Tempat Pelatihan
Name Position Date Location Training
Ketua Komite Investasi dan Informasi pelatihan dapat dilihat pada bagian pelatihan Dewan
Manajemen Risiko Komisaris
Harris
Chairperson of the Investment Training information can be found in the Board of Commissioners
and Risk Management Committee Training section
Ketua Komite Investasi dan Manajemen Informasi pelatihan dapat dilihat pada bagian pelatihan Dewan
Risiko Komisaris
Dannif Danusaputro
Chairperson of the Investment and Risk Training information can be found in the Board of Commissioners
Management Committee Training section
Anggota Komite Investasi dan Informasi pelatihan dapat dilihat pada bagian pelatihan Dewan
Manajemen Risiko Komisaris
Sujit S. Parhar
Member of the Investment and Risk Training information can be found in the Board of Commissioners
Management Committee Training section
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Tata Kelola Perusahaan
Good Corporate Governance
Webinar Penolakan
Rencana Privatisasi
Anggota Komite Investasi dan PGE dan Anak Usaha
Manajemen Risiko 15 Februari | Pelatihan Online Pertamina Terafiliasi
Iya Rusdiana
Member of the Investment and Risk February 2023 Online Training Webinar on Rejection
Management Committee of Privatization Plans
for PGE and Pertamina
Affiliated Subsidiaries
Pelatihan Sosialisasi
GCG
20 April 2023 Jakarta
GCG Awareness
Training
Pelatihan BUMN GRC
Masterclass 2023 ,
Pre IPO & Post IPO
10 Agustus | August Pelatihan Online
dari IDX
2023 Online Training
Training on SOEs GRC
Masterclass 2023, Pre
IPO & Post IPO by IDX
Pelatihan BUMN
GRC Masterclass
2023, Pemeringkat
dan Penerbitan Efek
Bersifat Utang & Sukuk
10 Agustus | August Pelatihan Online (EBUS)
2023 Online Training Training on SOEs
GRC Masterclass
2023, Bond Rating
and Issuance of Debt
Securities & Sukuk
(EBUS)
Pelatihan BUMN GRC
Masterclass 2023,
Risk Management
Effectiveness
7 September Pelatihan Online
Evaluation
2023 Online Training
Training on SOEs GRC
Masterclass 2023,
Risk Management
Effectiveness Evaluation
Pelatihan Kewajiban
Bagi Perusahaan
pasca Initial Public
23 November Offering (IPO)
Denpasar
2023 Training on Obligations
for Companies
post-Initial Public
Offering (IPO)
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Tata Kelola Perusahaan
Good Corporate Governance
Pelatihan Optimalisasi
Peran PGE dalam
Pengembangan
Anggota Komite Investasi dan
Ekosistem
Manajemen Risiko 23 November
Iya Rusdiana Denpasar Perdagangan Karbon
Member of the Investment and Risk 2023
Training on Optimizing
Management Committee
PGE’s Role in Carbon
Trading Ecosystem
Development
Pelatihan Penentuan
Prioritas dan Penilaian
Kelayakan Proyek
24 November Geothermal
Denpasar
2023 Training on
Prioritization and
Feasibility Assessment
of Geothermal Projects
Pelatihan Penentuan
Prioritas dan
Penilaian Kelayakan
Proyek Geothermal
24 November Downstream
Denpasar
2023 Training on
Prioritization and
Feasibility Assessment
of Geothermal
Downstream Projects
Pelatihan BUMN GRC
Masterclass 2023, Pre
Anggota Komite Investasi
IPO & Post IPO dari
dan Manajemen Risiko 10 Agustus | Pelatihan Online
Yessa Arthur IDX
Member of the Investment and Risk August 2023 Online Training
Training on SOEs GRC
Management Committee
Masterclass 2023, Pre
IPO & Post IPO by IDX
Pelatihan BUMN
GRC Masterclass
2023, Pemeringkat
dan Penerbitan Efek
Bersifat Utang & Sukuk
10 Agustus | Pelatihan Online (EBUS)
August 2023 Online Training Training on SOEs
GRC Masterclass
2023, Bond Rating
and Issuance of Debt
Securities & Sukuk
(EBUS)
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Tata Kelola Perusahaan
Good Corporate Governance
Pelatihan BUMN GRC
Masterclass 2023,
Risk Management
Anggota Komite Investasi Effectiveness
dan Manajemen Risiko 7 September Pelatihan Online Evaluation
Yessa Arthur
Member of the Investment and Risk 2023 Online Training Training on SOEs GRC
Management Committee Masterclass 2023,
Risk Management
Effectiveness
Evaluation
Pelatihan Kewajiban
Bagi Perusahaan
pasca Initial Public
23 November Offering (IPO)
Denpasar
2023 Training on Obligations
for Companies
post-Initial Public
Offering (IPO)
Pelatihan Optimalisasi
Peran PGE dalam
Pengembangan
Ekosistem
23 November
Denpasar Perdagangan Karbon
2023
Training on Optimizing
PGE’s Role in Carbon
Trading Ecosystem
Development
Pelatihan Penentuan
Prioritas dan Penilaian
Kelayakan Proyek
24 November Geothermal
Denpasar
2023 Training on
Prioritization and
Feasibility Assessment
of Geothermal Projects
Pelatihan Penentuan
Prioritas dan
Penilaian Kelayakan
Proyek Geothermal
24 November Downstream
Denpasar
2023 Training on
Prioritization and
Feasibility Assessment
of Geothermal
Downstream Projects
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Tata Kelola Perusahaan
Good Corporate Governance
Pelaksanaan Kegiatan Komite Implementation of Activities of the
Investasi dan Manajemen Risiko Tahun Investment and Risk Management
2023 Committee in 2023
1. Aspek Perencanaan Perseroan 1. Corporate Planning Aspect
Melakukan review dan menyusun usulan rekomendasi Reviewing and preparing recommendations regarding
terkait usulan Revisi Rencana Kerja dan Anggaran the proposed Revision of the Company’s Work Plan and
Perusahaan (RKAP) tahun 2023; Budget (RKAP) for the year 2023.
2. Aspek Monitoring Pelaksanaan Rencana Kerja 2. Corporate Work Plan Implementation Monitoring
Perseroan Aspect
a. Mengevaluasi pelaksanaan RKAP tahun a. Evaluating the implementation of the 2023
2023 sekaligus mengevaluasi dengan RKAP and comparing it with the implementation
membandingkan pelaksanaan tahun 2022 in 2022, especially concerning investment-
khususnya pada rencana kerja terkait investasi; related work plans.
b. Mengevaluasi progres target yang dicapai b. Evaluating the progress of targets achieved
atas pelaksanaan rencana kerja investasi pada regarding the implementation of investment
tahun 2023. work plans in 2023.
3. Aspek Kebijaksanaan Investasi Proyek 3. Project Investment Policy Aspect
a. Melakukan kajian atas efektivitas kebijakan a. Conducting a study on the effectiveness of the
Investasi dan pengurusan Perseroan dari aspek Company’s Investment policies and management
manajemen risiko sebagai bahan pendapat from a risk management perspective for
Komisaris; Commissioner’s consideration.
b. Menyediakan bahan rujukan dan informasi a. Providing reference materials and information
untuk keperluan Komisaris terkait pengelolaan for Commissioner’s needs regarding investment
dan risiko investasi. management and risk.
4. Kunjungan ke Area dan Proyek Geothermal. 4. Visits to Geothermal Areas and Projects.
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Tata Kelola Perusahaan
Good Corporate Governance
komite di bawah direksi
committee under under the board of directors
Komite Manajemen Risiko Risk Management Committee
Direksi membentuk Komite Manajemen Risiko yang The Board of Directors establishes a Risk Management
berperan memantau, mengevaluasi, dan memberikan Committee tasked with monitoring, evaluating, and
arahan terkait pelaksanaan kebijakan Enterprise providing guidance regarding the implementation of
Risk Management. Komite ini juga bertanggung Enterprise Risk Management policies. This committee is also
jawab atas pengelolaan risiko Perseroan secara responsible for overseeing the overall risk management
keseluruhan, termasuk mengkaji ulang secara berkala of the company, including periodically reviewing various
berbagai risiko Perseroan dan upaya mitigasinya. risks faced by the Company and efforts to mitigate them.
Ketua
Chairperson
Direktur Utama
President Director
Wakil Ketua
Vice Chairperson
Direktur Keuangan
Director of Finance
Sekretaris
Secretary
VP Planning & Risk
Management
Anggota
Anggota Anggota
Member
Direktur Eksplorasi & Member Member
Pengembangan Direktur Operasi Chief Audit Executive
Director of Exploration
Director of Operations
and Development
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Tata Kelola Perusahaan
Good Corporate Governance
Julfi Hadi
Ketua Komite Manajemen Risiko/ Direktur Utama
Chairperson of Risk Management Committee/ President Director
Dasar hukum penugasan sebagai Ketua Komite The legal basis for the assignment as Chairperson of the
Manajemen Risiko adalah Surat Keputusan Direksi No. Risk Management Committee is the Board of Director's
Kpts-019/PGE000/2023-S0. Bapak Julfi Hadi juga Decree No. Kpts-019/PGE000/2023-S0. Mr. Julfi Hadi
merupakan Direktur Utama Perseroan. Profil beliau also serves as the President Director of the Company. His
dapat dilihat pada bagian Profil Direktur di Bab Profil profile can be found in the Director's Profile section of the
Perusahaan pada Laporan Tahunan ini. Company Profile in this Annual Report.
Nelwin Aldriansyah
Wakil Ketua Komite Manajemen Risiko/ Direktur Keuangan
Vice Chairperson of Risk Management Committee/ Director of Finance
Dasar hukum penugasan sebagai Wakil Ketua Komite The legal basis for the assignment as Vice Chairperson of
Manajemen Risiko adalah Surat Keputusan Direksi No. the Risk Management Committee is the Board of Director's
Kpts-019/PGE000/2023-S0. Bapak Nelwin Aldriansyah Decree No. Kpts-019/PGE000/2023-S0. Mr. Nelwin
juga merupakan Direktur Keuangan Perseroan. Profil Aldriansyah also serves as the Director of Finance of the
beliau dapat dilihat pada bagian Profil Direktur di Bab Company. His profile can be found in the Director's Profile
Profil Perusahaan pada Laporan Tahunan ini. section of the Company Profile in this Annual Report.
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Tata Kelola Perusahaan
Good Corporate Governance
Lia Ayu Paramita
Sekretaris Komite Manajemen Risiko/ VP Strategic Planning &
Business Development
Secretary of Risk Management Committee/ VP Strategic Planning & Business Development
Kewarganegaraan: Warga Negara Indonesia
Nationality : Indonesian Citizen
Usia: 44 tahun
Age : 44 years old
Domisili:
Jakarta
Domicile :
Dasar Hukum Penunjukan: Berdasarkan Surat Keputusan Direksi No. Kpts-019/PGE000/2023-S0
Legal Basis for Appointment : Based on the Decree of the Board of Directors Number Kpts-019/PGE000/2023-S0
Periode Menjabat: 13 April 2023 – sekarang | present
Term of Office:
Latar Belakang Pendidikan: S1 - Ekonomi Akuntansi, Universitas Brawijaya (2003)
Educational Background: Bachelor's Degree in Accounting Economics, Brawijaya University (2003)
Sertifikasi
-
Certifications
• Vice President Planning & Risk Management, PGE (2023 - sekarang)
• Vice President Partnership, PGE (2021 - 2023)
• Manager Partnership Planning & Evaluation, PGE (2017 - 2021)
• Auditor, PGE (2015 - 2017)
• Auditor Ahli Madya, PGE (2012 - 2015)
Pengalaman Kerja:
Work Experience • Vice President Planning & Risk Management, PGE (2023 - present)
• Vice President Partnership, PGE (2021 - 2023)
• Manager Partnership Planning & Evaluation, PGE (2017 - 2021)
• Auditor, PGE (2015 - 2017)
• Associate Auditor, PGE (2012 - 2015)
Rangkap Jabatan: Vice President Planning & Risk Management, PGE (2023 - sekarang)
Concurrent Positions: Vice President Planning & Risk Management, PGE (2023 - present)
Tidak memiliki hubungan afiliasi dengan anggota Dewan Komisaris, Direksi dan Pemegang Saham Pengendali
Hubungan Afiliasi:
No affiliations with members of the Board of Commissioners, the Board of Directors, and Controlling
Affiliation Relations:
Shareholders
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Tata Kelola Perusahaan
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Ahmad Yani
Anggota Komite Manajemen Risiko/ Direktur Operasi
Member of the Risk Management Committee/Director of Operations
Dasar hukum penugasan sebagai anggota Komite The legal basis for the assignment as a member of the Risk
Manajemen Risiko adalah Surat Keputusan Direksi Management Committee is the Board of Director's Decree
No. Kpts-019/PGE000/2023-S0. Bapak Ahmad Yani No. Kpts-019/PGE000/2023-S0. Mr. Ahmad Yani also
juga merupakan Direktur Operasi Perseroan. Profil beliau serves as the Director of Operations of the Company. His
dapat dilihat pada bagian Profil Direktur di Bab Profil profile can be found in the Director's Profile section of the
Perusahaan pada Laporan Tahunan ini. Company Profile in this Annual Report.
Rachmat Hidajat
Anggota Komite Manajemen Risiko/ Direktur Eksplorasi dan Pengembangan
Member of the Risk Management Committee/Director of Exploration and Development
Dasar hukum penugasan sebagai anggota Komite The legal basis for the assignment is a member of the
Manajemen Risiko adalah Surat Keputusan Direksi No. Risk Management Committee is the Board of Director's
Kpts-019/PGE000/2023-S0. Bapak Rachmat Hidajat Decree No. Kpts-019/PGE000/2023-S0. Mr. Rachmat
juga merupakan Direktur Eksplorasi dan Pengembangan Hidajat also serves as the Director of Exploration and
Perseroan. Profil beliau dapat dilihat pada bagian Profil Development of the Company. His profile can be found
Direktur di Bab Profil Perusahaan pada Laporan Tahunan in the Director's Profile section of the Company Profile in
ini. this Annual Report.
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Tata Kelola Perusahaan
Good Corporate Governance
Yusuf Wahyuri
Anggota Komite Manajemen Risiko/ Chief Audit Executive
Member of the Risk Management Committee/Chief Audit Executive
Dasar hukum penugasan sebagai anggota Komite The legal basis for the assignment as a member of the
Manajemen Risiko adalah Surat Keputusan Direksi Risk Management Committee is the Board of Director's
No. Kpts-019/PGE000/2023-S0. Bapak Yusuf Wahyuri Decree No. Kpts-019/PGE000/2023-S0. Mr. Yusuf
juga merupakan Chief Audit Executive Perseroan. Profil Wahyuri also serves as the Chief Audit Executive of the
beliau dapat dilihat pada bagian Profil Chief Audit Company. His profile can be found in the Chief Audit
Executive di Bab GCG pada Laporan Tahunan ini. Executive Profile section of the Corporate Governance
(GCG) chapter in this Annual Report.
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Tata Kelola Perusahaan
Good Corporate Governance
Tugas dan Tanggung Jawab Komite Duties and Responsibilities of the Risk
Manajemen Risiko Management Committee
Komite Manajemen Risiko memiliki tugas dan tanggung The Risk Management Committee has the following duties
jawab sebagai berikut: and responsibilities:
● Menetapkan kebijakan dan strategi Enterprise ● Establishing comprehensive written Enterprise Risk
Risk Management yang komprehensif secara Management policies and strategies, including
tertulis, dalam kebijakan dan strategi Enterprise defining Risk Appetite, Risk Attitude, and Risk
Risk Management yaitu penetapan Risk Appetite, Tolerance for overall risks (composite), per risk
Risk Attitude dan Risk Tolerance baik risiko secara type, and per functional activity, set at least once
keseluruhan (composite), per jenis risiko, maupun a year or more frequently in the event of significant
per aktivitas fungsional yang ditetapkan sekurang- changes affecting the Company’s activities.
kurangnya 1 (satu) kali dalam setahun atau frekuensi
yang lebih tinggi dalam hal terdapat perubahan
faktor-faktor yang mempengaruhi aktivitas usaha
Perseroan secara signifikan;
● Bertanggung jawab atas pemantauan pelaksanaan ● Being responsible for monitoring the implementation
kebijakan Enterprise Risk Management dan of Enterprise Risk Management policies and the
pengelolaan risiko yang diambil oleh Perseroan management of risks taken by the company as a whole,
secara keseluruhan yang meliputi antara lain including evaluating and providing guidance based on
mengevaluasi dan memberikan arahan berdasarkan reports submitted by the Enterprise Risk Management
laporan yang disampaikan oleh Fungsi Enterprise Function and the Audit Executive Function.
Risk Management dan Fungsi Audit Executive;
● Mengevaluasi aktivitas yang memerlukan ● Evaluating activities requiring approval from the Board
persetujuan Direksi, antara lain aktivitas yang telah of Directors, including activities that have exceeded
melampaui kewenangan pejabat Perseroan satu the authority of officers one level below the Board of
tingkat di bawah Direksi, sesuai dengan kebijakan Directors, in accordance with applicable policies and
dan prosedur yang berlaku; procedures.
● Mengevaluasi efektivitas penerapan Enterprise Risk ● Evaluating the effectiveness of the implementation
Management Perseroan secara berkala, antara lain of the Company’s Enterprise Risk Management on a
berupa metodologi penilaian risiko, implementasi regular basis, including risk assessment methodologies,
sistem informasi manajemen, ketepatan kebijakan, implementation of management information systems,
prosedur, dan penetapan risk appetite dan risk appropriateness of policies, procedures, and the
tolerance; establishment of risk appetite and risk tolerance.
● Penetapan hal-hal yang terkait dengan keputusan ● Deciding on matters related to business decisions
bisnis yang menyimpang dari prosedur normal that deviate from normal procedures (irregularities).
(irregularities);
● Memantau independensi operasi fungsi Enterprise ● Monitoring the operational independence of the
Risk Management Perseroan; Company’s Enterprise Risk Management function.
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Tata Kelola Perusahaan
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● Memantau kegiatan yang dilakukan oleh Fungsi ● Monitoring activities conducted by the Enterprise Risk
Enterprise Risk Management; Management Function.
● Mengembangkan budaya sadar risiko ● Developing a risk-consciousness culture throughout
(risk consciousness) pada seluruh jenjang Perseroan, the Company, including adequate communication
antara lain meliputi komunikasi yang memadai to all levels of the company regarding the
kepada seluruh jenjang Perseroan tentang importance of effective internal controls.
pentingnya pengendalian internal yang efektif;
● Memasukkan aspek yang terkait pengelolaan risiko ● Incorporating risk management-related
sebagai bagian dari agenda dalam rapat yang aspects into the agenda of meetings held by
dilakukan oleh Direksi minimal satu kali dalam the Board of Directors at least once a year.
setahun; dan
● Mengembangkan kompetensi sumber daya manusia ● Developing the competencies of human resources
yang terkait dengan Enterprise Risk Management. related to Enterprise Risk Management.
Kebijakan dan Pelaksanaan Rapat Policy and Implementation of Risk
Komite Manajemen Risiko Management Committee Meetings
Keputusan Komite Manajemen Risiko diputuskan Decisions of the Risk Management Committee are
berdasarkan rapat musyawarah untuk mufakat. Selama made based on amicable deliberation. During the year
tahun 2023, Komite Manajemen Risiko melaksanakan 2023, the Risk Management Committee held 4 (four)
4 (empat) kali rapat, dengan tingkat rata-rata kehadiran meetings, with an average attendance rate of 88% of
anggota Komite Manajemen Risiko sebesar 88%. Risk Management Committee members.
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Tata Kelola Perusahaan
Good Corporate Governance
Kehadiran Rapat Komite Manajemen Risiko
Attendance at Risk Management Committee Meetings
Jumlah Persentase
Nama Jabatan Jumlah Rapat Keterangan
Kehadiran Kehadiran
Number of Attendance
Name Position Attendance Description
Meetings Rate
Periode TW IV 2022
Direktur Utama dan TW I 2023
Ahmad Yuniarto 2 2 100%
President Director 4th Quarter of 2022 and First
Quarter of 2023
Direktur Utama
Julfi Hadi 2 2 100%
President Director
Direktur Eksplorasi dan
Pengembangan
Rachmat Hidajat 4 1 25%
Director of Exploration and
Development
Periode TW IV 2022
Direktur Operasi dan TW I 2023
Eko Agung Bramantyo 2 2 100%
Director of Operations 4th Quarter of 2022 and First
Quarter of 2023
Direktur Operasi
Ahmad Yani 2 2 100%
Director of Operations
Direktur Keuangan
Nelwin Aldriansyah 4 3 75%
Director of Finance
Vice President Planning & Risk
Lia Ayu Paramita 4 4 100%
Management
Yusuf Wahyuri Chief Audit Executive 4 4 100%
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Tata Kelola Perusahaan
Good Corporate Governance
Agenda Rapat Komite Manajemen Risiko
Agenda for Risk Management Committee Meeting
No. Tanggal Rapat Agenda Rapat
Date Meeting Agenda
1 23 Februari | February 2023 Rapat Komite Manajemen Risiko TW IV Tahun 2022
Fourth Quarter 2022 Risk Management Committee Meeting
Mengevaluasi efektivitas penerapan Enterprise Risk Management Perseroan selama
tahun 2021, antara lain terhadap metodologi penilaian risiko, implementasi sistem
informasi manajemen; ketepatan kebijakan, prosedur, dan penetapan risk appetite dan
risk tolerance, serta mengkaji ulang secara berkala status risiko (top risk) Perseroan untuk
mengantisipasi apabila terjadi perubahan situasi, kondisi dan perkembangan internal dan
eksternal Perseroan.
Evaluating the effectiveness of the Company’s Enterprise Risk Management implementation
during the year 2021, including risk assessment methodology, implementation of
management information systems; appropriateness of policies, procedures, and
establishment of risk appetite and risk tolerance, as well as periodically reviewing the
Company’s top risk status to anticipate changes in the Company’s internal and external
situations, conditions, and developments.
2 15 Mei | May 2023 Rapat Komite Manajemen Risiko TW I Tahun 2023
First Quarter 2023 Risk Management Committee Meeting
Mengevaluasi efektivitas penerapan Enterprise Risk Management Perseroan selama
Triwulan I 2023, antara lain terhadap metodologi penilaian risiko, implementasi sistem
informasi manajemen; ketepatan kebijakan, prosedur, dan penetapan risk appetite dan
risk tolerance, serta mengkaji ulang secara berkala status risiko (top risk) Perseroan untuk
mengantisipasi apabila terjadi perubahan situasi, kondisi dan perkembangan internal dan
eksternal Perseroan.
Evaluating the effectiveness of the Company’s Enterprise Risk Management implementation
during the First Quarter of 2023, including the assessment methodology, implementation
of management information systems; appropriateness of policies, procedures, and
establishment of risk appetite and risk tolerance, as well as periodically reviewing the
Company’s top risk status to anticipate changes in the Company’s internal and external
situations, conditions, and developments.
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Tata Kelola Perusahaan
Good Corporate Governance
3 24 Juli | July 2023 Rapat Komite Manajemen Risiko TW II Tahun 2023
Second Quarter 2023 Risk Management Committee Meeting
Mengevaluasi efektivitas penerapan Enterprise Risk Management Perseroan selama
Triwulan II Tahun 2023, antara lain terhadap metodologi penilaian risiko, implementasi
sistem informasi manajemen; ketepatan kebijakan, prosedur, dan penetapan risk appetite
dan risk tolerance, serta mengkaji ulang secara berkala status risiko untuk mengantisipasi
apabila terjadi perubahan situasi, kondisi dan perkembangan internal dan eksternal
Perseroan. Selain itu dilakukan juga evaluasi penetapan risk register korporasi tahun 2024
yang telah disusun oleh masing-masing pemilik risiko dari fungsi, area dan proyek.
Evaluating the effectiveness of the Company’s Enterprise Risk Management implementation
during the Second Quarter of 2023, including the assessment methodology, implementation
of management information systems; appropriateness of policies, procedures, and
establishment of risk appetite and risk tolerance, as well as periodically reviewing the risk
status to anticipate changes in the Company’s internal and external situations, conditions,
and developments. Additionally, an evaluation of the establishment of the corporate risk
register for 2024 prepared by each risk owner from functions, areas, and projects is also
conducted.
4 21 November 2023 Rapat Komite Manajemen Risiko TW III Tahun 2023
Third Quarter 2023 Risk Management Committee Meeting
Mengevaluasi efektivitas penerapan Enterprise Risk Management Perseroan selama
Triwulan I 2023, antara lain terhadap metodologi penilaian risiko, implementasi sistem
informasi manajemen; ketepatan kebijakan, prosedur, dan penetapan risk appetite dan
risk tolerance, serta mengkaji ulang secara berkala status risiko (top risk) Perseroan untuk
mengantisipasi apabila terjadi perubahan situasi, kondisi dan perkembangan internal dan
eksternal Perseroan.
Evaluating the effectiveness of the Company’s Enterprise Risk Management implementation
during the First Quarter of 2023, including the assessment methodology, implementation of
management information systems; appropriateness of policies, procedures, and establishment
of risk appetite and risk tolerance, as well as periodically reviewing the company’s top risk
status to anticipate changes in the Company’s internal and external situations, conditions,
and developments.
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Tata Kelola Perusahaan
Good Corporate Governance
Pelatihan dan Pengembangan Training and Competency Development
Kompetensi Komite Manajemen Risiko of Risk Management Committee
Demi meningkatkan keahlian dan kompetensi To enhance the skills and competencies of each member
masing-masing anggota Komite Manajemen Risiko, of the Risk Management Committee, the Company
Perseroan mendorong para anggota Komite untuk ikut encourages committee members to participate in relevant
serta di dalam pelatihan maupun seminar yang relevan training and seminars related to the required fields,
dengan bidang yang dibutuhkan, terutama terkait especially in investment and risk management. Throughout
investasi dan manajemen risiko. Sepanjang tahun 2023, 2023, the Risk Management Committee has attended the
Komite Manajemen Risiko telah mengikuti pelatihan following training sessions:
sebagai berikut:
Pendidikan dan/atau Pelatihan Komite Investasi dan Manajemen Risiko
terkait Topik Investasi dan Manajemen Risiko
Education and/or Training for the Investment and Risk Management Committee
regarding Investment and Risk Management Topics
Peserta Pendidikan/Pelatihan/Seminar Penyelenggara Waktu Tempat
Participants Education/Training/Seminar Organizer Date Location
• Ahmad Yuniarto Pelatihan Manajemen Risiko Perusahaan PGE 17 Maret | Graha Pertamina
Terbuka March 2023
• Rachmat Hidajat
Training on Public Company Risk Management
• Eko Agung Bramantyo
• Ahmad Yani
• Nelwin Aldriansyah
• Lia Ayu Paramita
• Yusuf Wahyuri
• Ahmad Yuniarto Workshop Enterprise Risk Management: PGE 20 Maret | Graha Pertamina
• Rachmat Hidajat Cascading Risk Appetite & Risk Target March 2023
• Eko Agung Bramantyo
• Ahmad Yani
• Nelwin Aldriansyah
• Lia Ayu Paramita
• Yusuf Wahyuri
• Ahmad Yuniarto Workshop Risk and Control Self-Assessment PGE 21 Maret | Graha Pertamina
• Rachmat Hidajat (RCSA) March 2023
• Eko Agung Bramantyo
• Ahmad Yani
• Nelwin Aldriansyah
• Lia Ayu Paramita
• Yusuf Wahyuri
• Ahmad Yani Penyusunan Risk Register Tahun 2024 PGE 6 Juni | PGE
• Nelwin Aldriansyah Development of the 2024 Risk Register June 2023
• Lia Ayu Paramita
• Yusuf Wahyuri
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Tata Kelola Perusahaan
Good Corporate Governance
Pelaksanaan Kegiatan Komite Implementation of Risk Management
Manajemen Risiko Tahun 2023 Committee Activities in 2023
Komite Manajemen Risiko sepanjang tahun bertanggung Throughout the year, the Risk Management Committee
jawab memantau, mengevaluasi, dan memberikan is responsible for monitoring, evaluating, and providing
arahan dalam pelaksanaan kebijakan Enterprise Risk guidance in the implementation of Enterprise Risk
Management dan pengelolaan risiko Perseroan secara Management policies and the Company's risk management
keseluruhan serta melakukan kaji ulang secara berkala as a whole. The committee also conducted periodic
untuk mengantisipasi apabila terjadi perubahan situasi, reviews to anticipate changes in the Company's internal
kondisi dan perkembangan internal dan eksternal and external situations, conditions, and developments.
Perseroan.
sekretaris dewan komisaris
profile of the secretary of the board of commissioners
Sekretaris Dewan Komisaris merupakan organ The Secretary of the Board of Commissioners is a
pendukung Dewan Komisaris yang bertugas membantu supporting organ of the Board of Commissioners tasked
kelancaran pelaksanaan tugas Dewan Komisaris, with assisting in the smooth execution of the Board's duties,
khususnya terkait tugas administratif dan kesekretariatan. particularly regarding administrative and secretarial tasks.
Profil Sekretaris Dewan Komisaris Profile of the Secretary of the Board of
Commissioners
Pada periode pelaporan, Sekretaris Dewan During the reporting period, the Secretary of the Board
Komisaris dijabat oleh Ibu Anna Muslikhah Jamil of Commissioners is held by Mrs. Anna Muslikhah Jamil
berdasarkan Surat Keputusan Dewan Komisaris Nomor based on Board of Commissioners Decree Number
Kpts-024/DK/PGE/2023-S0 tanggal 20 September 2023. Kpts-024/DK/PGE/2023-S0 dated September
20, 2023.
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Tata Kelola Perusahaan
Good Corporate Governance
ANNA MUSLIKHAH JAMIL
Sekretaris Dewan Komisaris
Secretary of the Board of Commissioners
Kewarganegaraan: Warga Negara Indonesia
Nationality : Indonesian Citizen
Usia: 47 tahun
Age : 47 years old
Domisili:
Jakarta
Domicile :
• S1 - Teknologi Hasil Perikanan dari Universitas Brawijaya (1999)
• S2 - Manajemen Strategis dari Sekolah Bisnis IPB (2019)
Latar Belakang Pendidikan:
Educational Background:
• Bachelor's Degree - Fishery Products Technology from Brawijaya University (1999)
• Masters - Strategic Management from IPB Business School (2019)
Sertifikasi
-
Certifications
Bidang Keahlian: Akuntansi Manajemen, Sekretaris
Areas of Expertise: Management Accounting, Secretary
• Analisis Pengelola Keuangan APBN Muda Kementerian BUMN (2020 – sekarang)
• Sekretaris Dewan Komisaris PT Pindad (2018 - sekarang)
• Sekretaris Dewan Komisaris PT Perusahaan Perdagangan Indonesia (2016 – 2018)
• Kepala Subbagian Perbendaharaan Kementerian BUMN (2015 – 2020)
• Kepala Subbagian Akuntansi Kementerian BUMN (2014 – 2015)
• Sekretaris Dewan Komisaris PT Berdikari ( 2013 – 2015)
• Kepala Subbagian Perbendaharaan Kementerian BUMN (2011 – 2014)
Pengalaman Kerja:
Work Experience • Financial Management Analyst for Young Budget Users, Ministry of State-Owned Enterprises
(2020 – present)
• Secretary of the Board of Commissioners at PT Pindad (2018 - present)
• Secretary of the Board of Commissioners at PT Perusahaan Perdagangan Indonesia (2016 – 2018)
• Head of Treasury Subdivision, Ministry of State Owned Enterprises (2015 – 2020)
• Head of Accounting Subdivision, Ministry of State Owned Enterprises (2014 – 2015)
• Secretary of the Board of Commissioners at PT Berdikari (2013 – 2015)
• Head of Treasury Subdivision, Ministry of State-Owned Enterprises (2011 – 2014)
Rangkap Jabatan: Analisis Pengelola Keuangan APBN Muda Kementerian BUMN (2020 – sekarang)
Concurrent Positions: Analyst of Young State Budget Financial Management, Ministry of SOEs (2020 – present)
Tidak memiliki hubungan afiliasi baik dengan anggota Direksi, anggota Dewan Komisaris lainnya, maupun
Hubungan Afiliasi: dengan pemegang saham pengendali dan utama
Affiliation Relations: No affiliations with members of the Board of Commissioners, the Board of Directors, and Controlling
Shareholders
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Tata Kelola Perusahaan
Good Corporate Governance
Tugas dan Tanggung Jawab Sekretaris Duties and Responsibilities of the
Dewan Komisaris Secretary of the Board of Commissioners
1. Mempersiapkan rapat, termasuk bahan rapat 1. Prepare meeting materials, including briefing sheets
(briefing sheet) Dewan Komisaris. for the Board of Commissioners.
2. Membuat risalah rapat Dewan Komisaris 2. Draft minutes of Board of Commissioners meetings
sesuai ketentuan Anggaran Dasar Perseroan. in accordance with the Company's Articles of
Association.
3. Menyusun dokumen Dewan Komisaris beserta 3. Compile Board of Commissioners documents and
administrasinya, baik surat masuk, surat keluar, handle their administration, including incoming and
risalah rapat maupun dokumen lainnya. outgoing correspondence, meeting minutes, and
other documents.
4. Menyusun rancangan rencana kerja dan anggaran 4. Develop draft work plans and budgets for the Board
Dewan Komisaris. of Commissioners.
5. Menyusun rancangan laporan-laporan Dewan 5. Prepare draft reports for the Board of Commissioners.
Komisaris.
6. Melaksanakan tugas lain yang 6. Perform other tasks assigned by
diamanatkan oleh Dewan Komisaris. the Board of Commissioners.
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Tata Kelola Perusahaan
Good Corporate Governance
Pengembangan Kompetensi Sekretaris Competency Development for
Dewan Komisaris the Secretary of the Board of
Commissioners
Pada 2023, Sekretaris Dewan Komisaris telah mengikuti In 2023, the Secretary of the Board of Commissioners
pelatihan/ pengembangan kompetensi sebagai berikut: has undergone the following training/competency
Pengembangan Kompetensi Sekretaris Dewan Komisaris
Competency Development for the Secretary of the Board of Commissioners
Pendidikan/Pelatihan/Seminar Penyelenggara Waktu Tempat
Education/Training/Seminar Organizer Date Location
Pelatihan BUMN GRC Masterclass Kementerian BUMN 7 September 2023 Pelatihan Online
2023, Risk Management Effectiveness Ministry of SOEs Online Training
Evaluation
SOEs GRC Masterclass 2023 Training,
Risk Management Effectiveness
Evaluation
Pelatihan Kewajiban Bagi Perusahaan Bursa Efek Indonesia 23 November 2023 Denpasar
pasca Initial Public Offering (IPO) Indonesia Stock Exchange
Training on Obligations for Companies
post Initial Public Offering (IPO)
Pelatihan Optimalisasi Peran PGE Bursa Efek Indonesia 23 November 2023 Denpasar
dalam Pengembangan Ekosistem Indonesia Stock Exchange
Perdagangan Karbon
Training on Optimizing PGE’s
Role in Carbon Trading Ecosystem
Development
Pelatihan Penentuan Prioritas Pertamina 24 November 2023 Denpasar
dan Penilaian Kelayakan Proyek
Geothermal
Training on Prioritization and
Feasibility Assessment of Geothermal
Projects
Pelatihan Penentuan Prioritas Pertamina 24 November 2023 Denpasar
dan Penilaian Kelayakan Proyek
Geothermal Downstream
Training on Prioritization and
Feasibility Assessment of Downstream
Geothermal Projects
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Tata Kelola Perusahaan
Good Corporate Governance
Laporan Pelaksanaan Tugas Sekretaris Report on the Implementation
Dewan Komisaris of the Secretary of the Board of
Commissioners' Duties
Selama 2023, Sekretaris Dewan Komisaris telah Throughout 2023, the Secretary of the Board of
melaksanakan tugasnya sebagai berikut: Commissioners has executed duties as follows:
1. Aspek Perencanaan Perseroan dengan menyediakan 1. Aspect of Corporate Planning by providing
bahan rujukan dan informasi untuk keperluan Dewan reference materials and information for the Board of
Komisaris terkait pengelolaan. Commissioners regarding management needs.
2. Aspek Monitoring Pelaksanaan Rencana Kerja 2. Company’s Work Plan Implementation Monitoring
Perseroan dengan menyediakan bahan rujukan dan Aspect by providing reference materials and
informasi untuk keperluan Dewan Komisaris terkait information for the Board of Commissioners regarding
pengelolaan. management.
3. Aspek Kebijaksanaan Investasi Proyek dengan 3. Project Investment Policy Aspect by providing
menyediakan bahan rujukan dan informasi untuk reference materials and information for the Board of
keperluan Dewan Komisaris terkait pengelolaan. Commissioners regarding management.
4. Tujuh kali kunjungan ke Area dan Proyek Geothermal. 4. Seven times visits to Geothermal Areas and Projects.
5. Memastikan bahwa Dewan Komisaris mematuhi 5. Ensuring that the Board of Commissioners complies
peraturan perundang undangan serta menerapkan with legal regulations and implements good
prinsip tata kelola perusahaan yang baik. corporate governance principles.
6. Melaksanakan RUPST pada tanggal 5 Juni 2023. 6. Conducting the Annual General Meeting of
Shareholders on June 5, 2023.
7. Mempersiapkan dan mendokumentasikan 10 Rapat 7. Preparing and documenting 10 Internal Board
Internal Dewan Komisaris, 15 Rapat Gabungan of Commissioners Meetings, 15 Joint Board of
Dewan Komisaris ( BOC BOD meeting), 4 Rapat Commissioners and Board of Directors Meetings
Internal Komite Audit , 5 rapat internal Komite (BOC BOD meetings), 4 Internal Audit Committee
Investasi dan Manajemen risiko, 8 rapat internal Meetings, 5 Investment Committee and Risk
Komite Nominasi dan Remunerasi , serta 128 rapat Management Internal Meetings, 8 Nomination and
gabungan Dewan Komisaris , komite dan fungsi terkait. Remuneration Committee Internal Meetings, as well
as 128 Joint Meetings of the Board of Commissioners,
committees, and related functions.
8. Menyampaikan 4 Laporan triwulan, serta 1 laporan 8. Submitting 4 Quarterly Reports, as well as 1 board
pengawasan dewan komisaris kepada Direksi, of commissioners oversight report to the Board of
Dewan Komisaris, serta pemegang saham mayoritas. Directors, Board of Commissioners, and majority
shareholders.
9. Melaksanakan engagement activities dengan 9. Conducting engagement activities with stakeholders.
pemangku kepentingan.
10. Melaksanakan program orientasi Perseroan 10. Implementing the company orientation
bagi Dewan Komisaris yang baru. program for new Board of Commissioners.
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Tata Kelola Perusahaan
Good Corporate Governance
sekretaris perusahaan
corporate secretary
Corporate Secretary atau Sekretaris Perusahaan Corporate Secretary plays a significant role in
merupakan organ tata kelola perusahaan yang corporate governance as a key liaison between
memegang peran signifikan sebagai pihak penghubung the Company and regulators, shareholders, and
antara Perseroan dengan regulator, pemegang other stakeholders. Corporate Secretary is also
saham, dan pemangku kepentingan lainnya. responsible for ensuring that the Company's activities
Sekretaris Perusahaan juga bertugas memastikan comply with applicable laws and regulations..
bahwa kegiatan usaha Perseroan telah sesuai dengan
peraturan perundang-undangan yang berlaku.
Profil Sekretaris Perusahaan Corporate Secretary Profile
Pada 2023, terdapat perubahan Sekretaris In 2023, there was a change in the Corporate Secretary
Perusahaan yang sebelumnya dijabat oleh Bapak position previously held by Mr. Muhammad Baron,
Muhammad Baron digantikan oleh Ibu Kitty who was replaced by Mrs. Kitty Andhora, effective
Andhora berlaku efektif sejak tanggal 19 Mei 2023 from May 19, 2023, based on Decree Number SKMJ-
berdasarkan Keputusan SKMJ-00224/K20500/2023-S8. 00224/K20500/2023-S8. The appointment of Mrs. Kitty
Laporan pengangkatan Ibu Kitty Andhora telah Andhora was reported to the FSA and IDX on May 20,
dilaporkan kepada OJK dan BEI pada 20 Mei 2023. 2023.
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Tata Kelola Perusahaan
Good Corporate Governance
KITTY ANDHORA
Corporate Secretary
Kewarganegaraan: Warga Negara Indonesia
Nationality : Indonesian Citizen
Usia: 43 tahun
Age : 43 years old
Domisili:
Jakarta
Domicile :
Dasar Hukum Penunjukan:
SKMJ-00224/K20500/2023-S8
Legal Basis for Appointment :
Periode Menjabat:
Mei | May 2023 – Sekarang | Present
Term of Office:
Latar Belakang Pendidikan: S1 - Komunikasi Universitas Padjadjaran (2001)
Educational Background: Bachelor of Communication, Padjadjaran University (2001)
Sertifikasi Sertifikasi Kehumasan (2018)
Certifications Public Relation Certification (2018)
Bidang Keahlian: Akuntansi Manajemen, Sekretaris
Areas of Expertise: Management Accounting, Secretary
• Asisten Manajer Board Strategy Support & Corporate Data PT Pertamina Persero (2018)
Pengalaman Kerja:
• Senior Officer Board Strategy Support PT Pertamina Persero (2018 - 2020)
Work Experience
• Manager Internal Communication PT Pertamina Persero (2020 - 2023)
Rangkap Jabatan: Tidak memiliki rangkap jabatan apapun
Concurrent Positions: Not holding any concurrent position
Tidak memiliki hubungan afiliasi dengan anggota Dewan Komisaris, Direksi dan Pemegang Saham Pengendali
Hubungan Afiliasi:
No affiliations with any members of the Board of Commissioners, the Board of Directors, or controlling
Affiliation Relations:
shareholders
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Tata Kelola Perusahaan
Good Corporate Governance
Struktur Sekretaris Perusahaan Structure of Corporate Secretary
Sekretaris Perusahaan berada langsung di bawah The Corporate Secretary reports directly to the President
pimpinan Direktur Utama dibantu oleh Fungsi Manager Director and is assisted by the Corporate Communication
Corporate Communication & Stakeholder Management & Stakeholder Management Function Manager and
serta Manager Corporate & BOD Support. Berikut struktur the Corporate & BOD Support Manager. Below is the
Sekretaris Perusahaan PGE yang ditetapkan berdasarkan structure of PGE's Corporate Secretary as established by
Surat Keputusan No. Kpts.P-084/PGE000/2022-S0 : Decree No. Kpts.P-084/PGE000/2022-S0:
Direktur Utama
President Director
Sekretaris
Perusahaan
Corporate Secretary
MANAGER MANAGER
CORPORATE COMM. & CORPORATE & BOD
STAKEHOLDER MGMT SUPPORT
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Tata Kelola Perusahaan
Good Corporate Governance
Fungsi, Tugas, dan Tanggung Jawab Function, Duties, and Responsibilities
Sekretaris Perusahaan of Corporate Secretary
Fungsi pokok Sekretaris Perusahaan adalah The primary function of the Corporate Secretary
merumuskan strategi dan kebijakan serta mengarahkan is to formulate strategies and policies, as well as to
dan mengendalikan kegiatan kesekretariatan dan direct and control the Company's secretarial and
pengarsipan perusahaan, menjalankan fungsi komunikasi archiving activities, carry out corporate communication
perusahaan, serta membina hubungan dengan functions, and foster relationships with stakeholders
pemangku kepentingan (baik internal maupun eksternal) (both internal and external) and shareholders.
dan pemegang saham.
Selain itu Sekretaris Perusahaan juga bertugas Additionally, the Corporate Secretary is also responsible
mengelola kebutuhan Direksi, bertanggung jawab atas for managing the needs of the Board of Directors,
pelaporan tahunan Perseroan, tanggung jawab sosial overseeing the Company's annual reporting, Corporate
dan lingkungan Perseroan, penerapan prinsip GCG di social and environmental responsibilities, implementing
Perseroan, ESG rating management & disclosure serta Corporate governance principles, ESG rating
upaya-upaya membangun citra Perseroan yang positif. management & disclosure, and efforts to build a positive
Corporate image.
Berdasarkan fungsi pokok di atas, Sekretaris Perusahaan Based on the primary functions mentioned above, the
menjalankan tugas-tugas berikut: Corporate Secretary carries out the following duties:
1. Membangun, mengendalikan dan meningkatkan 1. Building, controlling, and enhancing the corporate
citra, identitas serta branding perusahaan image, identity, and branding of the Company
secara korporat sesuai visi, misi dan nilai in line with its vision, mission, and values.
Perseroan.
2. Menetapkan kebijakan dan program kerja 2. Establishing policies and work programs, as well
serta mengarahkan, mengkoordinasikan dan as directing, coordinating, and controlling public
mengendalikan kegiatan kehumasan dan CSR relations and CSR activities to gain stakeholder
untuk mendapatkan dukungan pemangku support for the Company’s operational activities
kepentingan terhadap kegiatan operasional in order to build a positive Corporate image.
perusahaan agar dapat membangun citra
positif Perseroan.
3. Merumuskan kebijakan dan program kerja, 3. Formulating policies and work programs, as
serta mengarahkan, mengkoordinasikan dan well as directing, coordinating, and controlling
mengendalikan kegiatan pengelolaan dan relationship management and communication
pembinaan hubungan serta komunikasi dengan activities with stakeholders (internal and
pemangku kepentingan (internal dan eksternal) external) and shareholders to ensure synergy in
dan pemegang saham untuk memastikan supporting the Company’s operational activities.
terjadinya sinergi dalam rangka menunjang
pelaksanaan kegiatan operasi Perseroan.
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Tata Kelola Perusahaan
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4. Mengarahkan, mengkoordinasikan dan 4. Directing, coordinating, and controlling the role as
mengendalikan peran sebagai fasilitator a facilitator for the Board of Directors, including
Direksi, diantaranya dalam hal program induction programs for the Directors, managing
orientasi Direksi, pengelolaan rapat dan Board meetings and minutes, managing Board
notulen rapat Direksi, pengelolaan keputusan decisions, creating corporate materials for the
Direksi, pembuatan materi korporat untuk Directors, providing strategic advice and input to
Direksi, pemberian saran dan masukan strategis the Directors, and serving as the spokesperson
kepada Direksi, juru bicara Direksi untuk for the Board of Directors to ensure effective
memastikan komunikasi yang efektif antara communication between the Board of Directors,
Direksi, Dewan Komisaris, pemegang saham the Board of Commissioners, shareholders, and all
dan seluruh fungsi di Perseroan. functions within the Company.
5. Mengkoordinasikan dan memastikan 5. Coordinating and ensuring the organization of the
penyelenggaraan RUPS beserta pengesahan GMS and the approval of the results or decisions
hasil atau keputusan RUPS. of the GMS.
6. Mengkoordinasikan, mengusulkan dan 6. Coordinating, proposing, and controlling the
mengendalikan threshold kewenangan Dewan authority threshold of the Board of Commissioners.
Komisaris.
7. Memastikan tersedia dan terlaksananya 7. Ensuring the availability and implementation
pedoman dan standar GCG termasuk of GCG manual and standards, including the
tersedianya Board Manual, Code of Corporate Board Manual, Code of Corporate Governance,
Governance, Governance Report, dan lain-lain. Governance Report, and others.
8. Mengkoordinasikan penyusunan/pembuatan 8. Coordinating the preparation, creation, and
dan penyampaian pelaporan Perseroan kepada submission of Company reports to relevant
pihak-pihak terkait, di antaranya governance & parties, including governance & compliance
compliance report, laporan kepada regulator reports, reports to capital market regulators such
pasar modal seperti OJK dan Bursa Efek as the FSA and the Indonesia Stock Exchange.
Indonesia.
9. Menyusun, mengkoordinasikan dan memastikan 9. Compiling, coordinating, and ensuring the
terlaksananya event/protocol management di implementation of event/protocol management
lingkungan Perseroan. within the Company.
10. Memastikan ketaatan Perseroan terhadap 10. Ensuring the Company’s compliance with applicable
peraturan pasar modal yang berlaku. capital market regulations.
11. Bertindak sebagai narahubung (contact person) 11. Acting as the liaison (contact person) between
antara Perseroan dengan regulator pasar the Company and capital market regulators,
modal, pemegang saham dan masyarakat. shareholders, and the public.
12. Mengkoordinasikan, mengarahkan dan 12. Coordinating, directing, and controlling ESG
mengendalikan kegiatan ESG Rating Rating Management & Disclosure activities.
Management & Disclosure.
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Tata Kelola Perusahaan
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13. Mengelola dan memastikan tersedianya 13. Managing and ensuring the availability of data
layanan data dan manajemen keterbukaan dan services and managing openness and public
akses publik terhadap Perseroan. access to the Company.
14. Mengikuti perkembangan pasar modal 14. Monitoring developments in the capital market,
khususnya peraturan perundang-undangan especially relevant regulations in the capital
yang berlaku di bidang pasar modal. market sector.
15. Memberikan masukan kepada Direksi dan 15. Providing input to PGE’s Board of Directors
Dewan Komisaris PGE untuk mematuhi and Board of Commissioners to comply with
ketentuan peraturan perundang-undangan di regulations in the capital market sector.
bidang pasar modal.
16. Membantu Direksi dan Dewan Komisaris 16. Assisting the Board of Directors and Board of
dalam pelaksanaan GCG Perseroan. Commissioners in implementing Company’’s GCG
(Good Corporate Governance).
17. Penghubung antara PGE dengan pemegang 17. Serving as the intermediary between PGE,
saham, OJK, dan pemangku kepentingan shareholders, the FSA, and other stakeholders.
lainnya.
18. Menangani masalah-masalah terkait perizinan 18. Handling licensing issues for the study and
untuk studi dan pengembangan area baru. development of new areas.
19. Mengkoordinasikan penyusunan laporan 19. Coordinating the preparation of management
manajemen seperti, Laporan Tahunan, reports such as the Annual Report, Sustainability
Laporan Keberlanjutan, dan Laporan Bulanan. Report, and Monthly Report.
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Tata Kelola Perusahaan
Good Corporate Governance
Pengembangan Kompetensi Sekretaris Competency Development of Corporate
Perusahaan Secretary
Pada 2023, Perseroan memfasilitasi pelaksanaan In 2023, the Company facilitated the implementation of
program pengembangan dan peningkatan kompetensi competency development and enhancement programs for
bagi Sekretaris Perusahaan sebagaimana berikut: Corporate Secretary as follows:
Pengembangan Kompetensi Divisi Sekretaris Perusahaan
Competency Development of the Corporate Secretary Division
Waktu Tempat
Jabatan Pelatihan Penyelenggara
Pelaksanaan Pelaksanaan
Position Training Organizer
Date Location
Corporate Secretary Pelatihan Leadership HSEE for 4 - 5 Mei | May Palembang Pertamina
Manager 2023
HSEE Leadership Training for
Manager
• Manager Corp. Comm. & Pelatihan Stakeholder Management 26 - 28 Juli | July Jakarta PPM Manajemen
Stakeholder Management Stakeholder Management Training 2023
• Sr Officer I Form. Permit & Doc.
Management
• Sr Officer I BOD Support
• Officer II ESG Management
• Jr. Officer II Media &
Communication
• Manager Corp. Comm. & Pelatihan Risk Management & 3 - 5 Juli | July Jakarta The Indonesia
Stakeholder Management Investor Relations Post IPO 2023 Capital Market
• Sr Officer I Form. Permit & Doc. for Public Listed Company Institute (TICMI)
Management Training on Risk Management &
• Sr Officer I BOD Support Investor Relations Post IPO for Public
• Officer II ESG Management Listed Company
• Jr. Officer II Media &
Communication
• Manager Corp. Comm. & Pelatihan Media Handling and 12 - 14 Jakarta V&V Communication
Stakeholder Management Public Speaking April 2023
• Sr Officer I Form. Permit & Doc. Training on Media Handling and
Management Public Speaking
• Sr Officer I BOD Support
• Officer II ESG Management
• Jr. Officer II Media &
Communication
• Sr Officer I Form. Permit & Doc. Pelatihan Awareness ISO 13 - 14 Juni | Jakarta Aurora Bisnis
Management 37001:2016 Sistem Manajemen June 2023 International
• Officer II ESG Management Anti Penyuapan
Training on ISO 37001:2016
Anti-Bribery Management System
Awareness
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Tata Kelola Perusahaan
Good Corporate Governance
• Sr Officer I BOD Support Pelatihan International Joint Venture 17 Oktober | Jakarta Value Consutant
• Officer II ESG Management Agreement October 2023
Training on International Joint Venture
Agreement
Officer II ESG Management Pelatihan Fraud Awareness 26 Oktober | Jakarta Pertamina
Training on Fraud Awareness October 2023
Officer II ESG Management Pelatihan Respectful Workplace 30 September Jakarta Pertamina
Training on Respectful Workplace 2023
Officer II ESG Management Pelatihan Certified GRI Standards 30 - 31 Agustus | Jakarta The British
Training on Certified GRI Standards August 2023 Standards Institution
Officer II ESG Management Pelatihan Awareness ISO 30 - 31 Mei| Jakarta Lotus Tujuh
27001:2022 May 2023 Sejahtera
Training on Awareness ISO
27001:2022
Officer II ESG Management Pelatihan NRE Champion General 6 - 9 Maret | Jakarta Pertamina
Modul Program: Carbon Market March 2023
Training on NRE Champion General
Program Module: Carbon Market
Officer II ESG Management ISSB Standards Training Course 23-24 Oktober | Jakarta National Center for
October 2023 Corporate Reporting
(NCCR)
Officer II ESG Management SDG 16 Business Framework & April 2023 Jakarta Bursa Efek Indonesia
Reporting - Inspiring The Indonesia Stock
Transformational Governance Exchange
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Pelaksanaan Kegiatan Sekretaris Implementation of Corporate Secretary
Perusahaan Tahun 2023 Activities in 2023
Sepanjang tahun 2023, Sekretaris Perusahaan telah Throughout 2023, Corporate Secretary has
melaksanakan tugas dan tanggung jawabnya, sebagai carried out duties and responsibilities as follows:
berikut:
• Melaksanakan RUPST pada tanggal 5 Juni 2023. • Conducted the AGMS on June 5, 2023.
• Mempersiapkan dan mendokumentasikan 48 Rapat • Prepared and documented 48 Internal Meetings of
Internal Direksi. the Board of Directors.
• Mempersiapkan, mendokumentasikan, dan • Prepared, documented, and coordinated 15 Joint
mengkoordinasikan 15 Rapat Gabungan Direksi Meetings of the Board of Directors and the Board
dan Dewan Komisaris dengan Sekretaris Dewan of Commissioners with the Secretary of the Board of
Komisaris. Commissioners.
• Menyampaikan 12 Laporan Bulanan kepada • Presented 12 Monthly Reports to the Board of
Direksi, Dewan Komisaris, serta pemegang saham Directors, the Board of Commissioners, and majority
mayoritas. shareholders.
• Melaksanakan engagement activities dengan • Conducted engagement activities with stakeholders.
pemangku kepentingan.
• Melakukan pelaporan keterbukaan informasi kepada • Reported information disclosure to the public,
masyarakat, termasuk ketersediaan informasi melalui including the availability of information through the
situs web Perseroan. Company's website.
• Menyampaikan laporan-laporan Perseroan kepada • Submitted Company reports to the Financial Services
OJK. Authority.
• Melaksanakan program orientasi Perseroan bagi • Conducted induction programs for new members of
Direksi dan/atau Dewan Komisaris yang baru. the Board of Directors and/or Commissioners.
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Tata Kelola Perusahaan
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Siaran Pers Press Release
Sebagai bentuk penyampaian informasi kepada publik As a form of conveying information to the public regarding
terkait peristiwa, berita maupun informasi penting events, news and other important Company information,
Perseroan lainnya, sepanjang tahun 2023 Sekretaris throughout 2023 the Corporate Secretary issued 108
Perusahaan menerbitkan 108 siaran pers sebagai berikut: press releases as follows:
Tanggal Judul
No
Date Title
1 30 Januari | January 2023 Transisi Energi Jadi Momentum Indonesia Optimalkan Potensi Panas Bumi
Energy Transition Becomes Indonesia’s Momentum to Optimize Geothermal Potential
2 1 Februari | February 2023 Public Expose Penawaran Umum Perdana Saham
Public Expose for Initial Public Offering of Shares
3 7 Februari | February 2023 Kementerian BUMN Akselerasi Transformasi Usung Ekonomi Hijau
Ministry of SOEs Accelerates Transformation to Promote Green Economy
4 7 Februari | February 2023 Dahsyatnya Potensi Panas Bumi dan Peran PGE
The Mighty Potential of Geothermal Energy and PGE’s Role
5 8 Februari | February 2023 PGE Menjadi Garda Terdepan Pencapaian Bauran EBT 23% pada 2025
PGE Takes the Lead in Achieving 23% Renewable Energy Mix by 2025
6 9 Februari | February 2023 Transisi Energi, Pemerintah Fokus Percepat Pengembangan Listrik Panas Bumi
Energy Transition: Government Focuses on Accelerating Geothermal Power Development
7 10 Februari| February 2023 PGE Siapkan Investasi Total US$1,6 Miliar Hingga 2027
PGE Prepares Total Investment of US$1.6 Billion Until 2027
8 17 Februari | February 2023 Pertamina Geothermal Energy Kantongi Pernyataan Efektif dari OJK, Siap IPO 9,78 Triliun
Pertamina Geothermal Energy Obtains Effective Statement from FSA, Ready for IPO of 9.78 Trillion Rupiah
9 24 Februari | February 2023 Pencatatan Perdana Saham
Initial Public Offering Listing
10 27 Februari | February 2023 Pasca Listing, PGE Area Lahendong Dikunjungi Dubes Jepang Untuk Studi Bersama Pengembangan
Hidrogen Hijau
Post-Listing, PGE Lahendong Area Visited by Japanese Ambassador for Joint Study on Green Hydrogen
Development
11 17 Maret | March 2023 Investasi Pembangkit Panas Bumi Dukung Energi Bersih
Geothermal Power Plant Investment Supports Clean Energy
12 18 Maret | March 2023 Agresif Lakukan Transisi Energi, Pertamina Geothermal Energy Berhasil Bukukan Pendapatan dari Carbon
Credit
Aggressive Energy Transition Efforts, Pertamina Geothermal Energy Successfully Records Revenue from
Carbon Credits
13 20 Maret | March 2023 Sambut Prospek Cerah Pengembangan Panas Bumi, PGE Punya Fundamental Keuangan Kuat
Welcoming Bright Prospects of Geothermal Development, PGE Has Strong Financial Fundamentals
14 21 Maret | March 2023 Pertamina Geothermal Energy (PGEO) Anggarkan Belanja Modal US$250 Juta Pada 2023
Pertamina Geothermal Energy (PGEO) Allocates US$250 Million Capital Expenditure in 2023
15 30 Maret | March 2023 Siaran Pers - Efisien di 2022, Laba bersih PGEO Meningkat
Press Release - Efficient in 2022, PGEO’s Net Profit Increases
16 30 Maret | March 2023 Hutang Jangka Pendek PGE
PGE’s Short-Term Debt
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Tata Kelola Perusahaan
Good Corporate Governance
17 31 Maret | March 2023 Pendapatan Baru dari Carbon Credit PGE Berpotensi Tumbuh Signifikan
New Revenue from PGE’s Carbon Credits Has Potential for Significant Growth
18 3 April 2023 Kaitan PGE dan Ledakan Kilang Pertamina
Connection between PGE and Pertamina Refinery Explosion
19 6 April 2023 Tantangan PGE Menambah Daya 600W
Challenges for PGE in Adding 600W Capacity
20 9 April 2023 Jadi Andalan Pemerintah, Prospek Bisnis Pertamina Geothermal (PGEO) Sangat Menjanjikan
As the Government’s Mainstay, Pertamina Geothermal’s (PGEO) Business Prospects Are Very Promising
21 13 April 2023 Analis Prediksi Saham PGEO
Stock Analysts Predict PGEO Shares
22 23 April 2023 Fitch Ratings dan Moody’s Proyeksi Bisnis PGEO ke Depan Bakal Cemerlang
Fitch Ratings and Moody’s Project PGEO Business to Shine in the Future
23 27 April 2023 Green Bond PGEO Direspons Positif, Ini Alasannya
PGEO’s Green Bond Receives Positive Response, Here’s Why
24 27 April 2023 Terbitkan Green Bond secara Global, PGEO Dinilai Lakukan Langkah Cerdas
Issuing Global Green Bonds, PGEO Seen Making Smart Moves
25 8 Mei | May 2023 Green Bonds Pertamina Geothermal (PGEO) Laris Manis, Oversubscribed hingga 8,25 Kali
Pertamina Geothermal’s Green Bonds Are Highly Sought After, Oversubscribed by 8.25 Times
26 10 Mei | May 2023 Analis Ungkap Alasan Green Bond PGEO Bisa Oversubscribed
Analysts Reveal Reasons Why PGEO’s Green Bonds Were Oversubscribed
27 11 Mei | May 2023 Green Bond Oversubscribed, Ketua Komisi VI DPR Puji PGEO
Praising PGEO, Chairman of DPR Commission VI Commends Oversubscribed Green Bonds
28 19 Mei | May 2023 Menengok Kontribusi Nyata PGE untuk Konservasi Lingkungan dan Sosial Masyarakat di Kamojang
Examining PGE’s Real Contributions to Environmental Conservation and Social Communities in Kamojang
29 23 Mei | May 2023 Oversubscribed Hingga 8,25 Kali, Green Bond Pertamina Geothermal Energy Diminati Investor
Oversubscribed by 8.25 Times, Investors’ High Interest in Pertamina Geothermal Energy’s Green Bonds
30 26 Mei | May 2023 Potensi Energi Hijau Indonesia Melimpah, Pertamina Geothermal Energy Jajaki Kerjasama dengan
Perusahaan Jepang
Abundant Potential of Green Energy in Indonesia, Pertamina Geothermal Energy Explores Collaboration
with Japanese Companies
31 26 Mei | May 2023 Kembangkan Energi Bersih, PGE Belajar dari Pengolahan Green Hydrogen di Jepang
Developing Clean Energy, PGE Learns from Green Hydrogen Processing in Japan
32 2 Juni | June 2023 Kinerja Solid di Kuartal I-2023, PGE Catatkan Kenaikan Laba Bersih Sebesar 49,3 Persen Year-on-Year
Solid Performance in Q1-2023, PGE Records 49.3 Percent Year-on-Year Increase in Net Profit
33 6 Juni | June 2023 Siap Jadi Perusahaan Pengelola Panas Bumi Terbaik, Pertamina Geothermal Energy Komitmen Jalankan
Prinsip Good Corporate Governance (GCG)
Ready to Become the Best Geothermal Management Company, Pertamina Geothermal Energy Commits to
Implementing Good Corporate Governance (GCG) Principles
34 7 Juni | June 2023 Saham PGEO All Time High Usai RUPST Bagikan Dividen dan Ganti Direktur Utama
PGEO Shares at All-Time High After RUPST Distributes Dividends and Appoints New CEO
35 7 Juni | June 2023 Pertamina Geothermal Energy Laporkan Kinerja Positif dalam Rapat Umum Pemegang Saham Tahunan
(RUPST) Tahun Buku 2022
Pertamina Geothermal Energy Reports Positive Performance at Annual Shareholders Meeting (RUPST) for
the 2022 Fiscal Year
36 9 Juni | June 2023 PGE Umumkan Kinerja Bisnis di RUPS, Pengamat Sebut Jadi Sinyal Bagus Pengembangan Energi Baru
Terbarukan (EBT) di Indonesia
PGE Announces Business Performance at RUPS, Observers See It as a Good Signal for Renewable Energy
Development (EBT) in Indonesia
37 14 Juni | June 2023 Danareksa Beri PGEO Rating Buy, Sebut Tiga Pendorong Utama
Danareksa Gives PGEO a Buy Rating, Citing Three Main Drivers
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Tata Kelola Perusahaan
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38 19 Juni | June 2023 Dukung Pelestarian Keanekaragaman Hayati, Pertamina Geothermal Energy Lepasliarkan Monyet Hitam
Sulawesi Bersama BKSDA Sulawesi Utara
Supporting Biodiversity Conservation, Pertamina Geothermal Energy Releases Sulawesi Black Monkeys with
BKSDA North Sulawesi
39 22 Juni | June 2023 Arus Kas Stabil dan Ekspansi Tinggi, Mandiri Sekuritas Ramal Harga Saham PGEO Bakal Tembus Rp1.200
per Lembar
Stable Cash Flow and High Expansion, Mandiri Sekuritas
40 27 Juni | June 2023 Pertamina Geothermal Energy dan Chevron Kembangkan WKP Way Ratai
Pertamina Geothermal Energy and Chevron Develop WKP Way Ratai
41 7 Juli | July 2023 Kinerja Keuangan Impresif Jadi Penopang Reli Bullish Saham PGEO
Impressive Financial Performance Supports Bullish Run of PGEO Shares
42 11 Juli | July 2023 Bank Sampah dari Pertamina Geothermal Energy Area Lahendong Jadi Magnet Pengelolaan Limbah di
Minahasa
Pertamina Geothermal Energy’s Lahendong Area’s Waste Management Bank Attracts Attention in Minahasa
43 13 Juli | July 2023 Hadir di EBTKE ConEx 2023, PGE Umumkan Kerjasama Strategis dengan Berbagai Pihak untuk
Pengembangan Bisnis Panas Bumi di Indonesia
Presence at EBTKE ConEx 2023, PGE Announces Strategic Collaborations for Geothermal Business
Development in Indonesia
44 13 Juli | July 2023 Izin Eksplorasi di Seulawah Agam Diperpanjang, PGE Optimis Dapat Optimalkan Potensi Panas Bumi
Exploration Permit in Seulawah Agam Extended, PGE Optimistic about Optimizing Geothermal Potential
45 13 Juli | July 2023 Komitmen Jalankan Eksplorasi Sumber Daya Panas Bumi di Sumatera Selatan, Chevron dan Pertamina
Geothermal Energy Sepakati Joint Study Agreement
Commitment to Geothermal Resource Exploration in South Sumatra, Chevron and Pertamina Geothermal
Energy Agree on Joint Study Agreement
46 13 Juli | July 2023 Pertamina Geothermal Energy Targetkan Peningkatan Kapasitas Terpasang Kelola Panas Bumi Hingga 1
GW
Pertamina Geothermal Energy Aims for Increased Installed Capacity Management of Geothermal Energy
up to 1 GW
47 14 Juli | July 2023 Gandeng Schlumberger, Pertamina Geothermal Energy Siap Optimalkan Potensi Panas Bumi
Partnering with Schlumberger, Pertamina Geothermal Energy Ready to Maximize Geothermal Potential
48 18 Juli | July 2023 Genjot Potensi Panas Bumi, Pertamina Geothermal Energy Manfaatkan Teknologi Screw Expander PT
Kaishan Orka Indonesia
Boosting Geothermal Potential, Pertamina Geothermal Energy Utilizes Screw Expander Technology from PT
Kaishan Orka Indonesia
49 20 Juli | July 2023 Panas Bumi Dinilai Sebagai Sumber Energi Paling Efisien, Ini yang Disiapkan Pertamina Geothermal Energy
Geothermal Energy Seen as Most Efficient Energy Source, Pertamina Geothermal Energy Prepares
Accordingly
50 22 Juli | July 2023 Kantongi Paten dari Amerika Serikat, Perwira Pertamina Geothermal Energy Ciptakan Terobosan Teknologi
Geothermal Pertama di Dunia
Obtaining Patents from the United States, Pertamina Geothermal Energy Officers Create Breakthrough as
World’s First Geothermal Technology
51 25 Juli | July 2023 Tutup Semester I 2023, Pertamina Geothermal Energy Bukukan Pertumbuhan Laba dan Pendapatan
Closing Semester I 2023, Pertamina Geothermal Energy Records Profit and Revenue Growth
52 26 Juli | July 2023 Utang Pertamina Geothermal Energy Turun Signifikan di Semester Pertama 2023
Pertamina Geothermal Energy’s Debt Significantly Decreases in First Semester of 2023
53 2 Agustus | August 2023 Mitigasi Potensi Bencana Longsor di Area Hululais, Pertamina Geothermal Energy Tingkatkan Kualitas
Keselamatan Pekerja
Mitigating Potential Landslide Disasters in Hululais Area, Pertamina Geothermal Energy Enhances Worker
Safety
54 3 Agustus | August 2023 Analis Proyeksi Tren Saham PGEO Bakal Lanjut Menguat
Analysts Project Continuation of PGEO Stock Strengthening Trend
55 5 Agustus | August 2023 Siapkan SDM Berwawasan Keberlanjutan Energi, PGE Jalin Kerjasama dengan Universitas Pertamina
Preparing Sustainable Energy-Aware Human Resources, PGE Establishes Cooperation with Universitas
Pertamina
56 8 Agustus | August 2023 Pertamina Geothermal Energy Siap Optimalkan Potensi Panas Bumi di Hululais, Gubernur Bengkulu
Apresiasi
Pertamina Geothermal Energy Ready to Maximize Geothermal Potential in Hululais, Governor of Bengkulu
Appreciates
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Tata Kelola Perusahaan
Good Corporate Governance
57 9 Agustus | August 2023 Peduli Lingkungan, Komisaris Utama PGE Resmikan Program CSR Bank Sampah Lansia Kamasetra
Environmental Concerns, PGE Chairman Inaugurates CSR Program for Elderly Waste Bank Kamasetra
58 10 Agustus | August 2023 Mitra Binaan CSR Pertamina Geothermal Energy Lumut Balai, Belanting River Tubing Dinobatkan sebagai
Desa Wisata Sumatera Selatan
CSR Partner of Pertamina Geothermal Energy in Lumut Balai, Belanting River Tubing Named Sumatra
Selatan Tourist Village
59 13 Agustus | August 2023 Kinerja Operasional Area Lahendong Dipuji, Pertamina Geothermal Energy Diyakini Bisa Jadi 1 GW
Company
Operational Performance of Lahendong Area Praised, Pertamina Geothermal Energy Believed to Become
a 1 GW Company
60 13 Agustus | August 2023 22 Tahun Beroperasi Komersial, Ini Wujud Kontribusi Pertamina Geothermal Energy Untuk Masyarakat
Sulawesi Utara
22 Years of Commercial Operation, Here’s the Contribution of Pertamina Geothermal Energy to the North
Sulawesi Community
61 14 Agustus | August 2023 Kinerja Cemerlang, Harga Saham PGEO Sentuh All Time High
Outstanding Performance, PGEO Stock Reaches All-Time High
62 16 Agustus | August 2023 Pertamina Geothermal Energy Area Kamojang Raih Gold Champion BISRA 2023
Pertamina Geothermal Energy’s Kamojang Area Achieves Gold Champion BISRA 2023
63 18 Agustus | August 2023 Maknai HUT Kemerdekaan RI ke-78, Pertamina Geothermal Energy Siap Berekspansi Bisnis secara Global
Commemorating the 78th Anniversary of Indonesia’s Independence, Pertamina Geothermal Energy is
Ready to Expand Business Globally
64 22 Agustus | August 2023 Pertamina Geothermal Energy Jajaki Kerja Sama dengan AGIL untuk Kembangkan Konsesi Longonot di
Kenya
Pertamina Geothermal Energy Explores Collaboration with AGIL to Develop Longonot Concession in Kenya
65 22 Agustus | August 2023 Masuk Daftar Indeks FTSE, Pertamina Geothermal Energy Optimistis Raih Target Jadi 1 GW Company
Listed on the FTSE Index, Pertamina Geothermal Energy is Optimistic about Achieving the Target of Becoming
a 1 GW Company
66 26 Agustus | August 2023 Pertamina Geothermal Energy Raih Penghargaan Winner of the On Grid di ASEAN Energy Awards 2023
Pertamina Geothermal Energy Receives Winner of the On Grid Award at the ASEAN Energy Awards 2023
67 28 Agustus | August 2023 Kunjungi PLTP Tertua di Kenya, Pertamina Geothermal Energy Kantongi Modal untuk Optimalkan Panas
Bumi di Indonesia
Visiting the Oldest Geothermal Power Plant in Kenya, Pertamina Geothermal Energy Secures Funding to
Maximize Geothermal Potential in Indonesia
68 1 September 2023 Pengamat Energi UGM Sebut Kunjungan Pertamina Geothermal Energy ke Kenya Bermanfaat untuk
Pengembangan Energi Bersih di Indonesia
Energy Observers from UGM University Say Pertamina Geothermal Energy’s Visit to Kenya is Beneficial for
the Development of Clean Energy in Indonesia
69 4 September 2023 PGE Raih Penghargaan Platinum Dalam Ajang Global CSR & ESG Summit & Awards
PGE Receives Platinum Award at the Global CSR & ESG Summit & Awards
70 5 September 2023 Hadir dalam ASEAN-Indo-Pacific Forum, Pertamina Geothermal Energy Siap Jadi Motor Penggerak
Percepatan Transisi Energi Bersih di Indonesia
Participating in the ASEAN-Indo-Pacific Forum, Pertamina Geothermal Energy is Ready to Drive the
Acceleration of Clean Energy Transition in Indonesia
71 8 September 2023 Pertamina Geothermal Energi Gandeng Sejumlah Negara Indo-Pasifik Kembangkan Lumut Balai Unit 1
dan 2
Pertamina Geothermal Energy Collaborates with Several Indo-Pacific Countries to Develop Lumut Balai
Units 1 and 2
72 9 September 2023 Empat Tahun Beroperasi Komersial, Ini Kontribusi Nyata Pertamina Geothermal Energy Lumut Balai di
Sumatera Selatan
Four Years of Commercial Operation, Here’s the Real Contribution of Pertamina Geothermal Energy Lumut
Balai in South Sumatra
73 12 September 2023 Pertamina Geothermal Energy Lumut Balai Bantu Percepatan Relokasi Puing Material Kebakaran di Desa
Tanjung Raya, Semende Darat Tengah
Pertamina Geothermal Energy Lumut Balai Assists in Accelerating the Relocation of Fire Debris in Tanjung
Raya Village, Semende Darat Tengah
74 14 September 2023 Ketua DPRD Muara Enim Apresiasi Kontribusi Pertamina Geothermal Energy ke Masyarakat di Area Lumut
Balai
Chairman of the Muara Enim DPRD Appreciates Pertamina Geothermal Energy’s Contribution to the
Community in the Lumut Balai Area
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Tata Kelola Perusahaan
Good Corporate Governance
75 15 September 2023 Lakukan Kunjungan Balasan, Kenya Kian Serius Jalin Kerja Sama dengan Pertamina Geothermal Energy
Reciprocal Visit Conducted, Kenya Becomes More Serious in Forging Cooperation with Pertamina
Geothermal Energy
76 19- September 2023 Hadir di IIGCE 2023, Pertamina Geothermal Energy Siap Jadi Garda Terdepan Dorong Transisi Energi
Bersih
Present at IIGCE 2023, Pertamina Geothermal Energy is Ready to Lead the Charge in Driving Clean Energy
Transition
77 20 September 2023 Pertamina Geothermal Energy Tekankan Pentingnya Sinergi dalam Kembangkan Potensi Panas Bumi di
IIGCE 2023
Pertamina Geothermal Energy Emphasizes the Importance of Synergy in Developing Geothermal Potential
at IIGCE 2023
78 21 September 2023 Dukung Penciptaan Nilai Panas Bumi, Pertamina Geothermal Energy Ungkap Strategi Optimalisasi Model
Bisnis
Supporting the Creation of Geothermal Value, Pertamina Geothermal Energy Reveals Optimization
Strategies for Business Models
79 21 September 2023 Baru Dimanfaatkan 10 Persen, Ini Usaha Progresif Pertamina Geothermal Energy Genjot Potensi Panas
Bumi di Indonesia
Only 10 Percent Utilized, Pertamina Geothermal Energy’s Progressive Efforts Boost Geothermal Potential
in Indonesia
80 22 September 2023 Pertamina Geothermal Energy Siapkan Tiga Strategi Kunci Terkait Penciptaan Nilai Panas Bumi
Pertamina Geothermal Energy Prepares Three Key Strategies Related to Creating Geothermal Value
81 23 September 2023 Terpilih Jadi Ketua Asosiasi Panasbumi Indonesia, Julfi Hadi Dorong Optimalisasi Panas Bumi di Indonesia
Elected as Chairperson of the Indonesian Geothermal Association, Julfi Hadi Advocates for Geothermal
Optimization in Indonesia
82 25 September 2023 Direkomendasikan Beli, Analis Sinarmas Ungkap Harga Saham PGEO Bakal Melejit
Recommended to Buy, Sinarmas Analyst Reveals PGEO Stock Price Expected to Soar
83 3 Oktober | October 2023 Penandatanganan Perjanjian-Perjanjian Way Ratai Sebagai Tindak Lanjut Kerjasama antara Chevron dan
PT Pertamina Geothermal Energy Tbk.
Signing of Agreements for Way Ratai as Follow-up to Collaboration between Chevron and PT Pertamina
Geothermal Energy Tbk.
84 6 Oktober | October 2023 Pertamina Geothermal Energy Area Lahendong Kembangkan Sistem Ekonomi Sirkular Mapalus Tumompaso
Pertamina Geothermal Energy in Lahendong Area Develops Mapalus Tumompaso Circular Economy System
85 6 Oktober | October 2023 Lakukan Restrukturisasi Finansial, Direktur Keuangan Pertamina Geothermal Energy Raih Penghargaan
Indonesia Best CFO 2023
Financial Restructuring Implemented, Pertamina Geothermal Energy’s Finance Director Wins Indonesia Best
CFO 2023 Award
86 13 Oktober | October 2023 Sambangi Lumut Balai, Manajemen Pertamina Geothermal Energy Pastikan Percepatan Proyek Lumut
Balai Unit 2 dan Kesuksesan CSR Belanting River Tubing
Visiting Lumut Balai, Pertamina Geothermal Energy Management Ensures Acceleration of Lumut Balai Unit
2 Project and Success of Belanting River Tubing CSR
87 16 Oktober | October 2023 Analis Sebut Saham PGEO Punya Prospek Bagus, Ini Alasannya
Analysts Say PGEO Stocks Have Good Prospects, Here’s Why
88 16 Oktober | October 2023 Analis Nilai Saham PGEO Berpeluang Terus Menguat
Analysts Evaluate PGEO Stocks Likely to Continue Strengthening
89 24 Oktober | October 2023 Kunjungi Turki, Pertamina Geothermal Energi Lirik Potensi Bisnis Panas Bumi
Visiting Turkiye, Pertamina Geothermal Energy Eyes Geothermal Business Potential
90 27 Oktober | October 2023 Pertamina Geothermal Energy Terlibat Aktif Pemadaman Kebakaran di Gunung Papandayan
Pertamina Geothermal Energy Actively Involved in Extinguishing Fires on Mount Papandayan
91 28 Oktober | October 2023 Laba Kuartal III-2023 Pertamina Geothermal Energy Sukses Lewati Laba Full Year 2022
Q3-2023 Profits for Pertamina Geothermal Energy Successfully Exceed Full Year 2022 Profits
92 31 Oktober | October 2023 Pertamina Geothermal Energy Catatkan Peningkatan Kinerja Produksi Pada Kuartal III-2023
Pertamina Geothermal Energy Records Increased Production Performance in Q3-2023
93 3 November 2023 Dukung Inovasi Berkelanjutan, Pertamina Geothermal Energy Gelar Geovation Awards 2023
Supporting Sustainable Innovation, Pertamina Geothermal Energy Holds Geovation Awards 2023
510 elevate Laporan Tahunan 2023 Annual Report
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Tata Kelola Perusahaan
Good Corporate Governance
94 14 November 2023 Bermitra dengan Chevron dan Mubadala Energy, Pertamina Geothermal Energy Jajaki Peluang Panas
Bumi di Kotamobagu
Partnering with Chevron and Mubadala Energy, Pertamina Geothermal Energy Explores Geothermal
Opportunities in Kotamobagu
95 14 November 2023 Pertamina Geothermal Energy Konsisten Dukung Pelestarian Lingkungan di Wilayah Operasionalnya
Pertamina Geothermal Energy Consistently Supports Environmental Conservation in Its Operational Areas
96 15 November 2023 Raih Posisi Tertinggi di Indonesia untuk Sektor Utilitas dalam Rating ESG, Pertamina Geothermal Energy
Komitmen Dorong Keberlanjutan Bisnis
Attaining Top Position in Indonesia for the Utilities Sector in ESG Rating, Pertamina Geothermal Energy is
Committed to Driving Business Sustainability
97 24 November 2023 PGEO Diramal Akan Menembus Rp1.830, Ini Alasannya
PGEO Predicted to Reach Rp1,830, Here’s Why
98 27 November 2023 Dukung Pengembangan Industri Panas Bumi, Perwira Pertamina Geothermal Energy Ciptakan Terobosan
Teknologi Portable Real-Time Production Testing
Supporting Geothermal Industry Development, Pertamina Geothermal Energy Officials Create Portable
Real-Time Production Testing Technology Breakthroughs
99 28 November 2023 Raih Sertifikat BCMS, Pertamina Geothermal Energy Kian Optimistis Sediakan Akses Energi Bersih Bagi
Masyarakat Indonesia
Achieving BCMS Certification, Pertamina Geothermal Energy is Optimistic about Providing Clean Energy
Access to the Indonesian People
100 30 November 2023 Direktur Utama Pertamina Geothermal Energy Raih Penghargaan Best President Director di Industri Energi
Pertamina Geothermal Energy’s President Director Wins Best President Director Award in the Energy Industry
101 30 November 2023 Raih Peringkat Kepemimpinan Sangat Baik, Pertamina Geothermal Energy Buktikan Resiliensi Bisnis
Achieving Very Good Leadership Rating, Pertamina Geothermal Energy Proves Business Resilience
102 1 Desember | December 2023 Pemerintah Diminta Dorong Kolaborasi Stakeholder di Industri Panas Bumi
Government Urged to Encourage Stakeholder Collaboration in the Geothermal Industry
103 5 Desember | December 2023 Pertamina Geothermal Energy Tegaskan Komitmen Dekarbonisasi Dalam Forum COP 28
Pertamina Geothermal Energy Affirms Decarbonization Commitment at COP 28 Forum
104 8 Desember |December 2023 Wujudkan Pengembangan Energi Bersih Berkelanjutan, Pertamina Geothermal Energy dan Chevron Siap
Garap WKP Way Ratai
Realizing Sustainable Clean Energy Development, Pertamina Geothermal Energy and Chevron Ready to
Develop Way Ratai WKP
105 11 Desember | December 2023 Sucor Sekuritas Prediksi Performa Bisnis PGEO Bakal Bersinar, Ini Alasannya
Sucor Sekuritas Predicts PGEO Business Performance Will Shine, Here’s Why
106 13 Desember | December 2023 17 Tahun Memimpin Pengembangan Panas Bumi Indonesia, Pertamina Geothermal Energy Optimis Capai
Pertumbuhan Berkelanjutan
Leading Geothermal Development in Indonesia for 17 Years, Pertamina Geothermal Energy Optimistic
about Achieving Sustainable Growth
107 19 Desember | December 2023 Kembangkan Potensi Panas Bumi, Pertamina Geothermal Energy Bangun PLTP Lumut Balai Unit 2
Developing Geothermal Potential, Pertamina Geothermal Energy Constructs Lumut Balai Unit 2 Geothermal
Power Plant
108 20 Desember | December 2023 Terus Berkomitmen Bagi Pengelolaan Lingkungan dan Pemberdayaan Masyarakat, Pertamina Geothermal
Energy Raih Anugerah PROPER Emas ke-13
Continuing Commitment to Environmental Management and Community Empowerment, Pertamina
Geothermal Energy Receives 13th Gold PROPER Award
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Page 512
Tata Kelola Perusahaan
Good Corporate Governance
Keterbukaan Informasi Information Disclosure
Setelah resmi menjadi perusahaan terbuka, Perseroan Once officially a public company, the Company regularly
secara rutin melakukan keterbukaan informasi discloses information or material facts necessary to
terkait informasi atau fakta material yang perlu be known by the public. This is in accordance with
diketahui oleh publik, sesuai dengan Peraturan OJK Regulation of the Financial Services Authority (OJK)
Nomor 31/POJK.04/2015 tentang Keterbukaan Number 31/POJK.04/2015 on Disclosure of Information
atas Informasi atau Fakta Material oleh Emiten atau or Material Facts by Issuers or Public Companies.
Perusahaan Publik.
Nomor Surat Perihal Tanggal Pelaporan
Number of Letter Subject Date of Reporting
148/PGE500/2023-S0 Laporan Bulanan Registrasi Pemegang Efek (Februari 2024) 10 Maret | March
Monthly Report on Securities Holder Registration (February 2024) 2023
190/PGE500/2023-S1 Perubahan Internal Audit 17 Maret | March
Internal Audit Changes 2023
192/PGE500/2023-S1 Laporan Informasi atau Fakta Material Penyampaian Laporan Keuangan Tahun 2022 30 Maret | March
Report of Information or Material Facts for the Submission of the 2022 Financial Statements 2023
195/PGE500/2023-S2 Laporan Informasi atau Fakta Material Laporan Informasi atau Fakta Material Perseroan 31 Maret | March
Menyelenggarakan Analyst Meeting Kinerja Tahun 2022 (Audited) 2023
Report of Information or Material Facts of the Company Organizing Analyst Meeting for the
Performance Year 2022 (Audited)
131/PGE500/2023-S2 Laporan Bulanan Registrasi Pemegang Efek (Maret 2024) 10 April 2023
Monthly Report on Securities Holder Registration (March 2024)
239/PGE500/2023-S1 Penyampaian Mata Acara Rapat Umum Pemegang Saham Tahunan 13 April 2023
Announcement of the Agenda of the Annual General Meeting of Shareholders
269/PGE500/2023-S1 Transaksi Afiliasi 13 April 2023
Affiliated Transactions
291/PGE500/2023-S1 Laporan Informasi atau Fakta Material Pelaksanaan Virtual Roadshow Dalam Rangka 18 April 2023
Penawaran Surat Utang Tanpa Jaminan Yang Akan Diterbitkan Dalam Mata Uang USD
Report of Information or Material Facts on the Implementation of Virtual Roadshow to Offer
Unsecured Notes to be Issued in USD Currency
292/PGE500/2023-S0 Laporan Informasi atau Fakta Material Pelaksanaan Virtual Roadshow Dalam Rangka 18 April 2023
Penawaran Surat Hutang Tanpa Jaminan Yang Akan Diterbitkan Dalam Mata Uang USD
(Revisi - Tambahan Lampiran)
Report of Information or Material Facts on the Implementation of Virtual Roadshow to Offer
Unsecured Notes to be Issued in USD Currency (Revised - Attachment Added)
293/PGE500/2023-S1 Laporan Informasi atau Fakta Material Penentuan Harga (Pricing) untuk Penerbitan Surat 21 April 2023
Utang
Report of Information or Material Facts on the Pricing for the Issuance of Notes
332/PGE500/2023-S0 Laporan Bulanan Registrasi Pemegang Efek (April 2024) 08 Mei | May
Monthly Report on Securities Holder Registration (April 2024) 2023
351/PGE500/2023-S0 Pemanggilan Rapat Umum Pemegang Saham Tahunan 12 Mei | May
Invitation to the Annual General Meeting of Shareholders 2023
350/PGE500/2023-S0 Penyampaian Laporan Tahunan dan Berkelanjutan 12 Mei | May
Submission of Annual and Sustainability Reports 2023
373/PGE500/2023-S0 Perubahan Corporate Secretary 20 Mei | May
Change in Corporate Secretary 2023
375/PGE500/2023-S0 Penyampaian Laporan Tahunan dan Berkelanjutan 25 Mei | May
Submission of Annual and Sustainability Reports 2023
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Page 513
Tata Kelola Perusahaan
Good Corporate Governance
377/PGE500/2023-S0 Laporan Informasi atau Fakta Material Pengunduran Diri Dewan Komisaris Perseroan 27 Mei | May
Report of Information or Material Facts of Resignation of the Company's Board of
Commissioners 2023
384/PGE500/2023-S0 Laporan Informasi atau Fakta Material Penyampaian Laporan Keuangan 30 Mei | May
Periode 31 Maret 2023 yang telah direview
Report of Information or Material Facts on Submission of Financial Statements for the period 2023
of 31 March 2023 that has been reviewed
388/PGE500/2023-S8 Laporan Informasi atau Fakta Material Laporan Informasi atau Fakta Material 31 Mei | May
Perseroan Menyelenggarakan Analyst Meeting Kinerja Triwulan 1 Tahun 2023 2023
Report of Information or Material Facts on the Company Organizing Analyst Meeting for
the Q1 Performance of 2023
404/PGE500/2023-S0 Ringkasan Risalah Rapat Umum Para Pemegang Saham Tahunan 07 Juni | June
Summary of Minutes of the Annual General Meeting of Shareholders 2023
407/PGE500/2023-S0 Ringkasan Risalah Rapat Umum Para Pemegang Saham Tahunan (KOREKSI) 07 Juni | June
Summary of Minutes of the Annual General Meeting of Shareholders (CORRECTION) 2023
406/PGE500/2023-S0 Informasi Perubahan Pengurus 07 Juni | June
Information on Change in Management 2023
428/PGE500/2023-S0 Laporan Bulanan Registrasi Pemegang Efek (Mei 2024) 09 Juni | June
Monthly Report on Securities Holder Registration (May 2024) 2023
495/PGE500/2023-S0 Laporan Informasi atau Fakta Material Pengumuman Pemenang Pelelangan 22 Juni | June
Wilayah Kerja Panas Bumi Way Ratai 2023
Report of Information or Material Facts on the Announcement of the Bidding Winner of Way
Ratai Geothermal Working Area
484/PGE500/2023-S0 Laporan Bulanan Registrasi Pemegang Efek (Juni 2024) 07 Juli | July
Monthly Report on Securities Holder Registration (June 2024) 2023
486/PGE500/2023-S0 Laporan Penggunaan Dana Hasil Penawaran Umum 07 Juli | July
Report on the Use of Proceeds from Public Offering 2023
532/PGE500/2023-S0 Laporan Bulanan Registrasi Pemegang Efek 09 Juli | July
Monthly Report on Securities Holder Registration 2023
487/PGE500/2023-S0 Laporan Informasi atau Fakta Material PT Pertamina Geothermal Energy (PGE) 12 Juli | July
Tandatangani Head of Agreement (HoA) bersama PT Pembangunan Aceh (Perseroda) 2023
Report of Information or Material Facts of PT Pertamina Geothermal Energy (PGE) Signing
Head of Agreement (HoA) with PT Pembangunan Aceh (Perseroda)
488/PGE500/2023-S0 Laporan Informasi atau Fakta Material Laporan Informasi atau Fakta Material PT Pertamina 12 Juli | July
Geothermal Energy (PGE) Tandatangani Joint Study Agreement (JSA) bersama Chevron 2023
New Energies International Pte. Ltd.
Report of Information or Material Facts of PT Pertamina Geothermal Energy (PGE) Signing
Joint Study Agreement (JSA) with Chevron New Energies International Pte. Ltd.
489/PGE500/2023-S0 Laporan Informasi atau Fakta Material Laporan Informasi atau Fakta Material 12 Juli | July
PT Pertamina Geothermal Energy (PGE) Tandatangani Memorandum of 2023
Understanding (MoU) bersama KS Orka Renewables Pte.,Ltd.,
Report of Information or Material Facts of PT Pertamina Geothermal Energy (PGE) Signing
Memorandum of Understanding (MoU) with KS Orka Renewables Pte.,Ltd.,
490/PGE500/2023-S0 Laporan Informasi atau Fakta Material Laporan Informasi atau Fakta Material PT Pertamina 14 Juli | July
Geothermal Energy Tbk (PGE) Tandatangani Joint Study Agreement (JSA) bersama PT 2023
Schlumberger Geophysics Nusantara
Report of Information or Material Facts of PT Pertamina Geothermal Energy (PGE) Signing
Joint Study Agreement (JSA) with PT Schlumberger Geophysics Nusantara
516/PGE500/2023-S0 Laporan Informasi atau Fakta Material Laporan Informasi atau Fakta Material Perseroan 27 Juli | July
Menyelenggarakan Analyst Meeting Kinerja Semester 1 Tahun 2023 2023
Report of Information or Material Facts of the Company Organizing Analyst Meeting for the
Performance of Semester 1 of 2023
532/PGE500/2023-S0 Laporan Bulanan Registrasi Pemegang Efek (Juli 2024) 09 Agustus|August
Monthly Report on Securities Holder Registration (July 2024) 2023
543/PGE500/2022-S0 Laporan Informasi atau Fakta Material PT Pertamina Geothermal Energy Siap 19 Agustus |August
Berekspansi Bisnis Secara Global 2023
Report of Information or Material Facts of PT Pertamina Geothermal Energy Readiness for
Global Business Expansion
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Tata Kelola Perusahaan
Good Corporate Governance
545/PGE500/2023-S0 Laporan Informasi atau Fakta Material Penandatanganan Memorandum of Understanding 21 Agustus| August
(MoU) PT Pertamina Geothermal Energy Tbk dan Africa Geothermal International No. 1 2023
Limited (AGIL No. 1)
Report of Information or Material Facts on the Signing of Memorandum of Understanding
(MoU) between PT Pertamina Geothermal Energy Tbk and Africa Geothermal International
No. 1 Limited (AGIL No. 1)
571/PGE500/2023-S0 Laporan Bulanan Registrasi Pemegang Efek (Agustus 2024) 07 September 2023
Monthly Report on Securities Holder Registration (August 2024)
595/PGE500/2023-S0 Laporan Informasi atau Fakta Material Penandatanganan Non-Disclosure 14 September 2023
Agreement (NDA) antara Geothermal Development Company (GDC) dan PT
Pertamina Geothermal Energy Tbk (PGE)
Report of Information or Material Facts on the Signing of Non-Disclosure Agreement (NDA)
between Geothermal Development Company (GDC) and PT. Pertamina Geothermal Energy
Tbk (PGE)
607/PGE500/2023-S0 Penunjukan/ Perubahan Kantor Akuntan Publik dan/atau Akuntan Publik 15 September 2023
Appointment/Change in Public Accounting Firm and/or Public Accountant
640/PGE500/2023-S0 Laporan Informasi atau Fakta Material Penandatanganan Perjanjian Way Ratai Sebagai 03 Oktober |
Tindak Lanjut Kerja Sama antara Chevron dan PT Pertamina Geothermal Energy Tbk October 2023
Report of Information or Material Facts on the Signing of Way Ratai Agreement as a Follow-
up of Cooperation between Chevron and PT Pertamina Geothermal Energy Tbk.
639/PGE500/2023-S0 Transaksi Afiliasi - PDSI - Amandemen V Kontrak Pengadaan Jasa Aerated 03 Oktober |
Affiliated Transaction - PDSI - Amendment V of Procurement Contract for Aerated Services October 2023
654/PGE500/2023-S0 Laporan Bulanan Registrasi Pemegang Efek (September 2024) 09 Oktober |
Monthly Report on Securities Holder Registration (September 2024) October 2033
714/PGE500/2023-S0 Laporan Bulanan Registrasi Pemegang Efek (Oktober 2024) 07 November 2023
Monthly Report on Securities Holder Registration (October 2024)
726/PGE500/2023-S0 Laporan Informasi atau Fakta Material Perseroan menyelenggarakan Earnings Call 09 November 2023
Triwulan III tahun 2023 (KOREKSI)
Report of Information or Material Facts of the Company Organizing Earnings Call for the
Q3 of 2023 (CORRECTION)
723/PGE500/2023-S0 Laporan Informasi atau Fakta Material Perseroan menyelenggarakan Earnings Call 09 November 2023
Triwulan III tahun 2023
Report of Information or Material Facts of the Company Organizing Earnings Call for the
Q3 of 2023
738/PGE500/2023-S0 Laporan Informasi atau Fakta Material Penandatanganan Joint Study Agreement (JSA) 14 November 2023
Antara PT Pertamina Geothermal Energy, Chevron, dan Mubadala Energy
Report of Information or Material Facts on the Signing of Joint Study Agreement (JSA)
Between PT Pertamina Geothermal Energy, Chevron, and Mubadala Energy
741/PGE500/2023-S0 Laporan Informasi atau Fakta Material Raih Posisi Tertinggi di Indonesia untuk Sektor 15 November 2023
Utilitas dalam Rating ESG, PT Pertamina Geothermal Energy Komitmen Dorong
Keberlanjutan Bisnis
Report of Information or Material Facts on PT Pertamina Geothermal Energy's Commitment
to Drive Business Sustainability Following its Achievement of Holding Indonesia's Highest
Position in the Utilities Sector in the ESG Rating
790/PGE500/2023-S0 PT Pertamina Geothermal Energy dan Chevron New Energies Holdings 07 Desember |
Indonesia Ltd. membentuk Joint Venture Company (JVC) PT Cahaya Anagata December 2023
Energy
PT Pertamina Geothermal Energy and Chevron New Energies Holdings Indonesia Ltd.
established a Joint Venture Company (JVC) PT Cahaya Anagata Energy
800/PGE500/2023-S0 Laporan Penggabungan Usaha, Pemisahan Usaha, Peleburan Usaha, atau Pembentukan 08 Desember |
Usaha Patungan PT Cahaya Anagata Energy December 2023
Report of Business Merger, Business Separation, Business Consolidation, or Establishment of
Joint Venture of PT Cahaya Anagata Energy
802/PGE500/2023-S0 Laporan Bulanan Registrasi Pemegang Efek (Desember 2024) 10 Desember |
Monthly Report on Securities Holder Registration (December 2024) December 2023
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Page 515
Tata Kelola Perusahaan
Good Corporate Governance
hubungan investor
investor relations
Investor Relations atau Hubungan Investor bertanggung Investor Relations is responsible for establishing and
jawab membangun dan mengelola komunikasi efektif managing effective communication with shareholders,
dengan pemegang saham, pemegang obligasi, investor, bondholders, investors, potential investors, institutional
investor potensial, broker institusi, manajer investasi, rating brokers, investment managers, rating agencies, analysts,
agency, analis, serta komunitas keuangan lainnya dalam and other financial communities in order to maximize the
rangka memaksimalkan kapitalisasi pasar Perseroan. Company’s market capitalization.
Profil Hubungan Investor Investor Relations Profile
Perseroan membentuk fungsi Hubungan Investor sebagai The Company established the Investor Relations function
bagian dari komitmen Perseroan sebagai Perusahaan as part of its commitment as a public company after
terbuka setelah melantai di BEI pada 24 Februari 2023. listing on the IDX on February 24, 2023. Through the
Melalui fungsi Hubungan Investor, Perseroan dapat Investor Relations function, the Company can proactively
secara proaktif menyampaikan informasi kinerja, serta communicate performance information, as well as
strategi dan prospek PGE untuk membantu investor dan PGE’s strategy and prospects, to assist investors and
pemangku kepentingan dalam mengambil keputusan stakeholders in making investment decisions.
berinvestasi.
Di tahun 2023 Perseroan mengangkat Bapak Ronald In 2023, the Company appointed Mr. Ronald Andre
Andre Hutagalung sebagai Manager Investor Relation, Hutagalung as the Investor Relations Manager, based
berdasarkan Surat Keputusan Direktur SDM & Penunjang on Decree of the Director of HR & Business Support of
Bisnis PT Perusahaan Gas Negara No. SKMJ-00006/ PT Perusahaan Gas Negara Number SKMJ-00006/
PGN60000/2023-S8 tanggal 8 Agustus 2023. PGN60000/2023-S8 dated August 8, 2023.
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Tata Kelola Perusahaan
Good Corporate Governance
RONALD ANDRE HUTAGALUNG
Manager Investor Relations
Investor Relations Manager
Kewarganegaraan: Warga Negara Indonesia
Nationality : Indonesian Citizen
Usia: 46 tahun
Age : 46 years old
Domisili:
Domicile : Jakarta
Surat Keputusan Direktur SDM & Penunjang Bisnis PT Perusahaan Gas Negara
Dasar Hukum Penunjukan: No. SKMJ-00006/PGN60000/2023-S8 tanggal 8 Agustus 2023
Legal Basis for Appointment : Decree of the Director of HR & Business Support of PT Perusahaan Gas Negara Number SKMJ-
00006/PGN60000/2023-S8 dated August 8, 2023
Periode Menjabat: September 2023 - Sekarang
Term of Office: September 2023 - Present
• S1 International Business di George Washington University (2000)
• S2 International Business di University of New South Wales (2008)
Latar Belakang Pendidikan:
Educational Background:
• Bachelor Degree in International Business from George Washington University (2000)
• Master Degree in International Business from University of New South Wales (2008)
Sertifikasi
Certifications -
• Sr. Expert ll Investor Relations - PT Perusahaan Gas Negara (2023)
Pengalaman Kerja: • Advisor Investor Relations - PT Perusahaan Gas Negara (2022 - 2023)
Work Experience • Advisor Investor Relations - PT Perusahaan Gas Negara (2021 - 2022)
Rangkap Jabatan: Tidak memiliki rangkap jabatan apapun
Concurrent Positions: Not holding any concurrent position
Tidak memiliki hubungan afiliasi dengan anggota Dewan Komisaris, Direksi dan Pemegang Saham
Hubungan Afiliasi: Pengendali
Affiliation Relations: No affiliations with members of the Board of Commissioners, the Board of Directors, and
Controlling Shareholders
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Tata Kelola Perusahaan
Good Corporate Governance
Fungsi, Tugas, dan Tanggung Jawab Functions, Duties, and Responsibilities
Hubungan Investor of Investor Relations
Perseroan membentuk unit kerja Hubungan Investor untuk The Company established the Investor Relations
menyediakan akses yang memadai guna memberikan unit to provide adequate access to information
informasi mengenai kinerja Perseroan bagi komunitas on the Company’s performance for the investment
investasi dan para pemangku kepentingan. Fungsi community and stakeholders. The Investor Relations
Hubungan Investor memiliki tugas dan tanggung jawab functions have the following duties and responsibilities:
sebagai berikut:
1. Mengembangkan strategi pengelolaan 1. Developing communication management
komunikasi kepada pemangku kepentingan strategies for stakeholders including fund
yang tidak terbatas kepada Fund Managers, managers, buy-side and sell-side analysts,
buy-side & sell-side analysts, Investments investment bankers, and rating agencies.
Bankers, dan Rating Agencies.
2. Menjaga komunikasi antara Perseroan 2. Maintaining communication between the
dan investor, memastikan transparansi dan Company and investors, ensuring transparency
kepercayaan dengan memberikan informasi and trust by providing accurate financial
keuangan yang akurat, dan menangani information, and addressing issues effectively.
masalah secara efektif.
3. Menjawab pertanyaan investor, 3. Answering investor queries, communicating
mengomunikasikan kinerja, strategi dan PGE’s performance, strategy, and prospects
prospek PGE melalui Quarterly Earnings Call, through Quarterly Earnings Calls, Investor
Investor Conference, Teleconference, Website, Conferences, Teleconferences, Website,
Roadshow & Non-Deal Roadshow. Roadshows, and Non-Deal Roadshows.
4. Mencermati dan menganalisa perkembangan 4. Observing and analyzing the development
kinerja saham PGE (kode saham: PGEO), of PGE’s stock performance (under the ticker
pergerakan Bursa Efek, dan peer group. “PGEO”), Stock Exchange movements, and
peer group.
5. Mengelola dan mengembangkan basis data 5. Managing and developing database of the
kinerja Perseroan, kinerja saham, data investor, Company’s performance, stock performance,
mailing list Fund Managers, dan pihak terkait investor data, mailing list of Fund Managers,
lainnya. and other related parties.
6. Mengelola aktivitas terkait kinerja rating 6. Managing activities related to the Company’s
Perseroan. rating performance.
7. Mengkoordinasikan produksi, publikasi, dan 7. Coordinating the production, publication, and
pendistribusian Laporan Tahunan serta Laporan distribution of the Company’s Annual Report
Keberlanjutan Perseroan kepada seluruh and Sustainability Report to all stakeholders.
pemangku kepentingan.
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Tata Kelola Perusahaan
Good Corporate Governance
Pengembangan Kompetensi Competency Development of Investor
Hubungan Investor Relations
Pada tahun 2023, Perseroan memfasilitasi pelaksanaan In 2023, the Company facilitated the implementation of
program pengembangan dan peningkatan kompetensi competency development and improvement programs for
bagi fungsi Hubungan Investor antara lain: the Investor Relations function, among others:
Waktu Tempat
Jabatan Pelatihan Penyelenggara
Pelaksanaan Pelaksanaan
Position Training Organizer
Date of Training Place of Training
Manager Investor Relation Pelatihan NRE Champion 6 - 9 Maret| March Jakarta Pertamina
Investor Relations Manager General Modul Program: 2023
Carbon Trading & Market
Batch 3
Training on NRE Champion
General Module Program:
Carbon Trading & Markets
Batch 3
Manager Investor Relation Pelatihan Market Outlook & 11 - 12 Desember | Magelang Bank BRI
Investor Relations Manager Business Update December 2023
Training on Market Outlook
& Business Update
Officer I Investor Communication Junior Management 31 Mei | May Jakarta Pertamina Corporate
Investor Communication Officer I Development Program 2023 University
(JMDP)
Officer I Investor Communication Pelatihan Risk Management 3 - 5 Juli | July Jakarta TICMI
Investor Communication Officer I & Investor Relations Post IPO 2023
for Public Listed Company
Training on Risk
Management & Investor
Relations Post IPO for Public
Listed Company
Officer I Investor Communication Pelatihan sertifikasi GRI 30 - 31 Agustus | Jakarta The British Standards
Investor Communication Officer I Standards August 2023 Institution
Training on GRI Standards
certification
Officer I Investor Communication Pelatihan Fraud Awareness 30 September Jakarta PGE
Investor Communication Officer I Training on Fraud Awareness 2023
Officer I Investor Communication Market Outlook & Business 11-12 Desember | Magelang Bank BRI
Investor Communication Officer I Update December 2023
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Tata Kelola Perusahaan
Good Corporate Governance
Pelaksanaan Kegiatan Hubungan Implementation of Investor Relations
Investor Tahun 2023 Activities in 2023
Berikut merupakan rangkuman aktivitas fungsi Hubungan A summary of the activities of the Investor Relations
Investor selama tahun 2023 yang dilakukan dalam function in 2023 carried out to fulfill the main objective of
rangka menjalankan fungsi pokok Hubungan Investor, Investor Relations is as follows:
antara lain:
Kegiatan Investor Relation Jumlah
Investor Relations Activities Total
Investor & Analyst Meetings 183 kali
183 times
Public Expose 1 kali
1 time
Non-Deal Roadshow & Conference 10 kali
10 times
Global Earnings Call 3 kali
3 times
Total Kegiatan 197 kegiatan
Total Activities 197 activities
Sepanjang tahun 2023 fungsi Hubungan Investor juga Throughout 2023, the Investor Relations function also
menyampaikan lima kali Investor Newsletter kepada circulated five Investor Newsletters to investors and
investor dan analis pasar modal untuk dapat memberikan capital market analysts to provide up-to-date information
informasi terkini terkait kinerja operasional, keuangan, on operational and financial performance as well as
serta perkembangan proyek. project progress.
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Tata Kelola Perusahaan
Good Corporate Governance
internal audit
internal audit
Internal Audit merupakan organ pendukung yang Internal Audit is a supporting organ that evaluates
berfungsi dalam melakukan evaluasi terhadap the implementation of risk management and GCG in
pelaksanaan manajemen risiko dan penerapan GCG di the Company. The Internal Audit is professional and
dalam Perseroan. Internal Audit bersifat profesional serta independent in carrying out its duties and responsibilities
independen dalam menjalankan tugas dan tanggung to enhance the Company's performance.
jawabnya untuk meningkatkan kinerja Perseroan.
Profil Kepala Internal Audit Profile of Chief Audit Executive
Pada 2023, terdapat perubahan Kepala Internal Audit In 2023, Chief Audit Executive, previously held by
yang sebelumnya dijabat oleh Ibu Dyna Lusi Susanti Ms. Dyna Lusi Susanti, was currently held by Mr. Yusuf
digantikan oleh bapak Yusuf Wahyuri sebagai Chief Wahyuri, effective from March 10, 2023. The appointment
Audit Executive, berlaku efektif sejak 10 Maret 2023. of Yusuf Wahyuri is based on Decree of Vice President
Pengangkatan Bapak Yusuf Wahyuri berdasarkan Surat of Corporate Culture & Business Partner of PT Pertamina
Keputusan Vice President Corporate Culture & Business (Persero) Number SKMJ-0018/K20500/2023-S8 dated
Partner PT Pertamina (Persero) No. SKMJ-0018/ March 10, 2023.
K20500/2023-S8 tanggal 10 Maret 2023.
Secara struktur, Chief Audit Executive di bawah Direktur In terms of structure, Chief Audit Executive is under the
Utama Perseroan berdasarkan Surat Keputusan Direktur President Director of the Company as stipulated in Decree
Utama PT Pertamina Power Indonesia (PPI) Nomor Kpts- of the President Director of PT Pertamina Power Indonesia
022/PPI00000/2022-S8 tentang Struktur Organisasi (PPI) Number Kpts-022/PPI00000/2022-S8 on the
dan Validasi PRL BOD-1 Ke Bawah PT Pertamina Organizational Structure and Validation of PRL BOD-1
Geothermal Energy. level and Below of PT Pertamina Geothermal Energy.
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Tata Kelola Perusahaan
Good Corporate Governance
YUSUF WAHYURI
Chief Audit Executive
Warga Negara Indonesia
Kewarganegaraan:
Indonesian Citizen
Nationality :
Usia: 54 tahun
Age : 54 years old
Domisili: Bogor
Domicile :
Surat Keputusan Vice President Corporate Culture & Business Partner PT Pertamina (Persero)
Nomor SKMJ-0018/K20500/2023-S8 tanggal 10 Maret 2023.
Dasar Hukum Penunjukan:
Decree of Vice President of Corporate Culture & Business Partner PT Pertamina (Persero) Number
Legal Basis for Appointment :
SKMJ-0018/K20500/2023-S8 dated March 10, 2023.
Periode Menjabat: Maret 2023 - Maret 2024
Term of Office: March 2023 - March 2024
● Diploma III, Sekolah Tinggi Akuntansi Negara (STAN) (1992)
● Diploma IV, Sekolah Tinggi Akuntansi Negara (STAN), (1998)
Latar Belakang Pendidikan:
Educational Background:
● Diploma III (Associate's Degree), Indonesian State College of Accountancy (STAN) (1992)
● Diploma IV (Bachelor's Degree), Indonesian State College of Accountancy (STAN) (1998)
● Manager Fuel IA PT Pertamina Patra Niaga SH C&T (2022 – Maret 2023)
● Manager IA Region II PT Pertamina Patra Niaga SH C&T (2020-2021)
● Chief Internal Audit PT Pertamina Lubricants (2018-2020)
● Senior Auditor PT Pertamina (Persero) (2017-2018)
● Head of Internal Audit PT Pertamina Retail (2015-2017)
Pengalaman Kerja: ● Fuel IA Manager of PT Pertamina Patra Niaga SH C&T (2022 - March 2023)
Work Experience ● IA Manager of Region II of PT Pertamina Patra Niaga SH C&T (2020-2021)
● Chief Internal Audit of PT Pertamina Lubricants (2018-2020)
● Senior Auditor of PT Pertamina (Persero) (2017-2018)
● Head of Internal Audit of PT Pertamina Retail (2015-2017)
Tidak memiliki rangkap jabatan apapun
Rangkap Jabatan:
Concurrent Positions:
Not holding any concurrent position
Tidak memiliki hubungan afiliasi dengan anggota Dewan Komisaris, Direksi dan Pemegang Saham
Pengendali
Hubungan Afiliasi:
Affiliation Relations: No affiliations with members of the Board of Commissioners, Board of Directors, and Controlling
Shareholders
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Tata Kelola Perusahaan
Good Corporate Governance
Struktur Organisasi Internal Audit Organizational Structure of Internal
Audit
Dalam struktur organisasi Perseroan, Chief Audit Executive In the Company's organizational structure, Chief Audit
berada di bawah Direktur Utama Perseroan berdasarkan Executive is under the President Director of the Company
Surat Keputusan Direktur Utama PT Pertamina Power as stated in the Decree of the President Director of PT
Indonesia (PPI) Nomor Kpts-022/PPI00000/2022-S8 Pertamina Power Indonesia (PPI) Number Kpts-022/
tentang Struktur Organisasi dan Validasi PRL BOD-1 Ke PPI00000/2022-S8 on the Organizational Structure and
Bawah PT Pertamina Geothermal Energy yang berlaku Validation of PRL BOD-1 level and Below of PT Pertamina
terhitung sejak tanggal 28 November 2022. Geothermal Energy which is valid from November 28,
2022.
Berdasarkan surat keputusan tersebut terdapat Based on the decree, there was a change in the
perubahan nomenklatur Kepala Fungsi Internal Audit nomenclature of the Chief Audit Excecutive (IA) function
(Audit Internal/IA) dari Chief of Internal Audit menjadi from Chief of Internal Audit to Chief Audit Executive. The
Chief Audit Executive/Kepala Audit Internal. Berikut organizational structure of Internal Audit is as follows:
struktur organisasi Internal Audit untuk tahun 2023:
DIREKTUR UTAMA
President Director
Chief Audit Excecutive
Manager Internal Audit Operation & Infrastructure Manager Internal Audit Finance & Business
Support
Auditor Operation & Auditor Operation & Auditor Finance & Auditor Finance &
Infrastructure Infrastructure Business Support Business Support
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Tata Kelola Perusahaan
Good Corporate Governance
Internal Audit Perseroan dipimpin oleh Chief Audit The Company's Internal Audit is led by Chief Audit
Executive yang diangkat dan diberhentikan oleh Direktur Executive who is appointed and dismissed by the
Utama Perseroan setelah terlebih dahulu memperoleh President Director of the Company after first obtaining
rekomendasi dari Chief Audit Executive PT Pertamina recommendations from Chief Audit Executive of
(Persero) dan memperoleh persetujuan Dewan Komisaris PT Pertamina (Persero) and obtaining approval from the
Perseroan sesuai ketentuan yang diatur dalam Corporate Company's Board of Commissioners in accordance with
Charter. the provisions stipulated in the Corporate Charter.
Internal Audit Charter Internal Audit Charter
Internal Audit memiliki pedoman Piagam Audit Internal Internal Audit has an Internal Audit Charter manual
(Internal Audit Charter) yang ditandatangani oleh that was signed by the Board of Directors and Board
Direksi dan Dewan Komisaris Perseroan pada tanggal of Commissioners of the Company on March 2, 2022.
2 Maret 2022. Selain itu, pedoman kerja Internal Audit Additionally, the Internal Audit work manual refers
juga mengacu kepada Pedoman Pengelolaan Internal to the Internal Audit Management Manual Number
Audit Nomor A-039/ PGE000/2020-S9 tanggal 23 A-039/PGE000/2020-S9 dated December 23, 2020.
Desember 2020.
Dalam rangka memenuhi ketentuan Peraturan Otoritas In order to comply with the provisions of the Financial
Jasa Keuangan Nomor 56/POJK.04/2015 tentang Services Authority Regulation Number 56/POJK.04/2015
Pembentukan dan Pedoman Penyusunan Piagam Audit on the Establishment and Manual for the Formulation of
Internal, Direksi Perseroan telah menunjuk Kepala Audit an Internal Audit Charter, the Board of Directors of the
Internal dan telah menetapkan Piagam Audit Internal Company has appointed the Chief Audit Executive and
(Internal Audit Charter) berdasarkan Surat Keputusan approved the Internal Audit Charter based on Decree
Dewan Komisaris PT PGE Nomor 013/Kpts/DK- of the Board of Commissioners of PT PGE Number 013/
PGE/2022-S0 tentang Pengukuhan Pembentukan Komite Kpts/DK-PGE/2022-S0 on the Confirmation of the
Audit, Pengukuhan Pembentukan Fungsi Nominasi dan Establishment of the Audit Committee, Confirmation of
Remunerasi, Pengukuhan Kepala Unit Audit Internal, the Establishment of the Nomination and Remuneration
Penetapan Piagam Komite Audit, Penetapan Pedoman Function, Confirmation of the Head of the Internal Audit
Pelaksanaan Fungsi Nominasi dan Remunerasi Serta Unit, Determination of the Audit Committee Charter,
Persetujuan Piagam Audit Internal tanggal 2 Maret Determination of Manual for the Implementation of the
2022. Dengan ditetapkannya Piagam Audit Internal Nomination and Remuneration Function, and Approval
tersebut, maka Piagam Audit Internal terdahulu yang of the Internal Audit Charter dated March 2, 2022.
ditetapkan tanggal 17 Maret 2021 dinyatakan tidak With the determination of this Internal Audit Charter, the
berlaku lagi. previous Internal Audit Charter that was determined on
March 17, 2021 is declared invalid.
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Tata Kelola Perusahaan
Good Corporate Governance
Independensi Internal Audit Internal Audit Independence
Piagam Internal Audit PGE memuat tujuan, struktur dan PGE’s Internal Audit Charter contains the objectives,
kedudukan, prinsip utama dan persyaratan auditor structure and position, key principles and requirements
internal, ruang lingkup kerja, tugas dan tanggung of internal auditors, scope of work, duties and
jawab serta wewenang, pelaporan dan pemonitoran, responsibilities, authorities, reporting and monitoring,
independensi, kode etik, dan evaluasi piagam internal independence, code of ethics, and evaluation of the
audit. internal audit charter.
Independensi yang termaktub dalam Piagam Internal The independence stated in the Internal Audit Charter
Audit meliputi: includes:
● Independensi Internal Audit diatur dalam Piagam ● Internal Audit independence is regulated in the
Audit Internal, di mana independensi menjadikan Internal Audit Charter, where independence ensures
Internal Audit tidak bisa dipengaruhi pihak that Internal Audit cannot be influenced by any
manapun dalam pengungkapan pandangan secara party when expressing professional views on the
profesional pada pelaksanaan tugas dan tanggung implementation of its duties and responsibilities;
jawabnya;
● Internal Audit Perseroan dipimpin oleh seorang ● The Company’s Internal Audit is led by a Chief Audit
Chief Audit Executive yang bertanggung jawab Executive who is responsible to the President Director;
kepada Direktur Utama;
● Chief Audit Executive dan seluruh staf Internal ● Chief Audit Executive and all Internal Audit staff are
Audit dilarang terlibat dalam kegiatan operasional prohibited from being involved in the operational
perusahaan, anak perusahaan yang dapat activities of the Company and its subsidiaries that may
mengganggu independensi pelaksanaan tugasnya interfere with the independence of their duties. They
dan tidak mengambil alih tanggung jawab also cannot take on management responsibilities;
manajemen;
● Chief Audit Executive dan seluruh staf Internal ● Chief Audit Executiveand all Internal Audit staff
Audit wajib untuk menjaga sikap tidak memihak, are required to maintain an impartial stance, avoid
menghindari konflik kepentingan, objektif dalam conflicts of interest, be objective in carrying out
menjalankan penugasan dan mengungkapkan jika assignments, and disclose any potential conflicts of
terjadi potensi konflik kepentingan dan gangguan interest and interference with independence.
terhadap independensi.
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Tata Kelola Perusahaan
Good Corporate Governance
Kode Etik Auditor Auditor’s Code of Ethics
Personel Internal Audit di Perseroan wajib mematuhi PInternal Audit personnel in the Company must comply
Kode Etik Internal Audit sebagai berikut: with the Internal Auditor’s Code of Ethics as follows:
Integritas Integrity
● Melaksanakan setiap penugasan dengan berani ● Carrying out every assignment bravely and earnestly
dan bersungguh-sungguh serta menjunjung tinggi and upholding the values of honesty and truth.
nilai-nilai kejujuran dan kebenaran.
● Mematuhi peraturan perundang-undangan di dalam ● Complying with laws and regulations during the
pelaksanaan kegiatan penugasan, termasuk dalam implementation of assignment activities, including the
pengungkapan informasi audit. disclosure of audit-related information.
● Menjauhkan diri dari segala bentuk kegiatan yang ● Keeping away from all forms of activities that
dapat mencederai reputasi profesi dan Perseroan. can harm the reputation of the profession and the
Company.
● Melakukan interupsi terhadap kejadian yang ● Interrupting potentially fraudulent events in every
berpotensi fraud di setiap lini kegiatan Perseroan. line of the Company’s activities.
● Mematuhi kode etik Perseroan dan berkontribusi ● Adhering to the Company’s code of ethics and
pada pencapaian tujuan Perseroan. contributing to the achievement of the Company’s
objectives.
Objektivitas Objectivity
● Menghindari diri dari segala bentuk upaya ● Avoiding all forms of effort to seek personal benefits,
pengambilan manfaat pribadi, konflik kepentingan conflicts of interest, and subjective favoritism
dan keberpihakan subjektif dalam pelaksanaan in the implementation of assignment activities.
kegiatan penugasan.
● Menolak segala bentuk pemberian dari pihak ● Rejecting any form of gift from any party that may
manapun yang dapat menimbulkan dan/atau cause and/or influence professional judgment.
mempengaruhi penilaian profesional.
● Mengungkapkan seluruh fakta penting yang ● Disclosing all important facts known in the results
diketahui di dalam laporan hasil pelaksanaan report of the assignment activities.
kegiatan penugasan.
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Tata Kelola Perusahaan
Good Corporate Governance
Kerahasiaan Confidentiality
● Mengelola informasi yang diperoleh selama ● Carefully managing information obtained during
pelaksanaan tugas dengan hati-hati dan menjaga the performance of duties and maintaining its
kerahasiaannya. confidentiality.
● Menggunakan informasi yang diperoleh dalam ● Using information obtained in the performance of
pelaksanaan tugas hanya untuk kepentingan duties only for the benefit of the Company.
Perseroan.
Kompetensi Competence
● Memiliki pengetahuan, keterampilan dan kompetensi ● Having adequate knowledge, skills, and
yang memadai dalam setiap pelaksanaan kegiatan competence in each assignment activity.
penugasan.
● Memastikan setiap pelaksanaan kegiatan ● Ensuring that each assignment activity is carried out
penugasan sesuai dengan International Standards in accordance with the International Standards for
for the Professional Practice of Internal Auditing. the Professional Practice of Internal Auditing.
● Meningkatkan keahlian, efektivitas, kualitas ● Improving expertise, effectiveness, quality of
penugasan, dan kompetensi melalui assignments, and competence through continued
pendidikan profesional yang berkelanjutan. professional education.
Sanksi Sanctions
● Terhadap pelanggaran atas Kode Etik Internal Audit ● Violating the Internal Auditor’s Code of Ethics will
akan dikenakan sanksi sesuai dengan ketentuan result in sanctions in accordance with the Company’s
perusahaan. provisions.
● Jenis sanksi dan mekanisme pemberian sanksi ● The types of sanctions and sanctioning mechanisms
mengacu kepada peraturan kepegawaian yang refer to the applicable personnel regulations.
berlaku.
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Tata Kelola Perusahaan
Good Corporate Governance
Tugas dan Tanggung Jawab Internal Duties and Responsibilities of Internal
Audit Audit
Tugas dan tanggung jawab Internal Audit, adalah: The duties and responsibilities of Internal Audit, are as
follows:
● Menyusun dan melaksanakan rencana Audit Internal ● Developing and implementing the Annual Internal
Tahunan. Audit plan;
● Menguji dan mengevaluasi pelaksanaan ● Testing and evaluating the implementation of internal
pengendalian internal dan sistem manajemen risiko control and risk management systems in accordance
sesuai dengan kebijakan Perseroan. with the Company’s policies.
● Melakukan pemeriksaan dan penilaian atas efisiensi ● Examining and assessing the efficiency and
dan efektivitas di bidang keuangan, akuntansi, effectiveness of finance, accounting, operations,
operasional, sumber daya manusia, pemasaran, human resources, marketing, information technology,
teknologi informasi dan kegiatan lainnya. and other activities.
● Memberikan saran perbaikan dan informasi yang ● Providing suggestions for improvement and objective
objektif tentang kegiatan yang diaudit kepada information on audited activities to all levels of
seluruh tingkat manajemen. management.
● Membuat laporan hasil audit dan menyampaikan ● Making an audit report and submitting the
laporan tersebut kepada Direktur Utama dan report to the President Director and the Board of
Dewan Komisaris. Commissioners.
● Memantau, menganalisis dan melaporkan ● Monitoring, analyzing and reporting on the
pelaksanaan tindak lanjut perbaikan yang telah implementation of follow-up improvements that have
disarankan. been suggested.
● Bekerja sama dengan Komite Audit; ● Cooperating with the Audit Committee.
● Menyusun program untuk mengevaluasi mutu ● Developing a program to evaluate the quality of
kegiatan Audit Internal yang dilakukan. Internal Audit activities carried out.
● Melaksanakan pemeriksaan khusus, apabila ● Carrying out special examinations, if necessary;.
diperlukan.
● Berkoordinasi dengan Chief Audit Executive ● Coordinating with the Chief Audit Executive of
PT Pertamina Power Indonesia, untuk kegiatan yang PT Pertamina Power Indonesia for activities that are
bersifat tersentralisasi di holding. centered in the holding company.
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Tata Kelola Perusahaan
Good Corporate Governance
Wewenang Internal Audit Authority of Internal Audit
Dalam menjalankan tugasnya, Internal Audit memiliki In carrying out its duties, Internal Audit is authorized to:
kewenangan untuk:
● Memiliki akses yang menyeluruh, bebas, relevan ● Have complete, free, relevant, and unrestricted
dan tidak terbatas atas seluruh catatan, properti fisik access to all records, physical property, and
dan karyawan yang terkait dengan pelaksanaan employees related to the implementation of any
tugas apapun, dengan tanggung jawab mutlak atas duty, with sole responsibility for the confidentiality
kerahasiaan dan keamanan catatan dan informasi; and security of records and information;
● Melakukan komunikasi secara langsung ● Communicate directly with the Board of
dengan Dewan Komisaris dan/atau Komite Commissioners and/or the Audit Committee and the
Audit dan Direksi, serta anggota dari Dewan Board of Directors, as well as members of the Board
Komisaris dan/atau Komite Audit, dan Direksi; of Commissioners and/or the Audit Committee, and
the Board of Directors;
● Mengadakan rapat secara berkala dan/atau ● Conduct regular and/or incidental meetings with the
insidental dengan Direksi, Dewan Komisaris dan/ Board of Directors, Board of Commissioners, and/or
atau Komite Audit; the Audit Committee;
● Berkoordinasi tentang kegiatannya dengan auditor ● Coordinate its activities with external auditors;
eksternal;
● Meminta atau memperoleh dukungan dari karyawan ● Request or obtain support from internal employees
internal Perseroan atau pihak luar jika dibutuhkan, of the Company or external parties if needed, in
dalam rangka pelaksanaan tugasnya; performing its duties;
● Menentukan topik audit, jadwal, ruang lingkup ● Determine the audit topic, schedule, scope of work,
pekerjaan, prosedur dan teknik, dan mengalokasikan procedures and techniques, and allocate resources
sumber daya guna mencapai tujuan audit dengan to achieve the audit objectives by consulting with
berkonsultasi kepada Komite Audit dan Direktur the Audit Committee and the President Director;
Utama;
● Melakukan audit atas tindak lanjut dan perbaikan ● Audit the follow-up and improvements made by the
yang dilakukan oleh auditee; auditee;
● Melakukan audit atau penelaahan terhadap Anak ● Audit or review the Company’s Subsidiaries in
Perseroan sesuai dengan rencana Audit Internal accordance with the Internal Audit plan and/or
dan/atau ketika diperlukan atau ditugaskan oleh when required or assigned by the Audit Committee,
Komite Audit, Dewan Komisaris dan atau/Direksi the Board of Commissioners, and/or the Board of
Perseroan. Directors of the Company.
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Tata Kelola Perusahaan
Good Corporate Governance
Komposisi Personel Internal Audit Composition of Internal Audit
Personnel
Hingga akhir 31 Desember 2023, Jumlah personel As of December 31, 2023, the number of Internal Audit
Internal Audit sebanyak 5 (lima) personil sebagai berikut: personnel is 5 (five) personnel, as follows:
Sertifikasi Profesi
Nama Posisi Keahlian Pendidikan
Professional
Name Position Expertise Education
Certification
Yusuf Wahyuri Chief Audit Executive Internal Audit – Governance, Risk, • Diploma III QIA, CFE
Control, Investigation Audit, Financing & -STAN
Accounting, Supply Chain Management,
Good Corporate Governance • Diploma IV
-STAN
• Diploma III
(Associate's
Degree) - STAN
• Diploma IV
(Bachelor's
Degree) - STAN
Affandi Rahman Manager Internal Internal Audit, Operational, Pemasaran, S1 Teknik Industri QIA
Audit Operation & Refinery, Geothermal, Project, Investasi, Bachelor's Degree in
Infrastructure Procurement, Strategi Pemasaran, Revenue Industrial Engineering
Internal Audit Manager Assurance
in Operations & Internal Audit, Operational, Marketing,
Infrastructure Refinery, Geothermal, Project, Investment,
Procurement, Marketing Strategy, Revenue
Assurance
Irvan Desmal(*) Manager Internal Audit Internal Audit & GRC, Strategic • S1 Akuntansi QIA, CA, CPA
Finance & Business Management & MCS, Accounting
Support • S2 Strategic
Internal Audit Manager Management
in Finance & Business
Support • Bachelor's
Degree in
Accounting
• Master's Degree
in Strategic
Management
Budi Wahyono Auditor I Operation & Audit S1 Akuntansi QIA
Infrastructure Bachelor's Degree in
Accounting
Yudha Dwi Azhariyadi Auditor I Finance & Audit, Accounting, Risk Management S1 Akuntansi CA, QIA, CRP
Business Support
Bachelor's Degree in
Accounting
*Menjabat mulai November 2023.
*Serves from November 2023.
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Tata Kelola Perusahaan
Good Corporate Governance
Kualifikasi dan Sertifikasi Auditor Auditor Qualification and Certification
Sebagai bentuk komitmen PGE terhadap peningkatan As a manifestation of PGE's commitment to improving the
standar profesi Internal Audit, personel Internal Audit standards of the Internal Audit profession, Internal Audit
didorong untuk mengembangkan kompetensinya melalui personnel are encouraged to develop their competence
sertifikasi profesi. Di tahun 2023, personel Internal Audit through professional certification. By 2023, PGE's
PGE telah memiliki sertifikasi sebagai berikut: Internal Audit personnel have obtained the following
certifications:.
Sertifikasi Chief Audit
No Manager Auditor
Certification Executive
1 Qualified Internal Auditor (QIA) 1 2 2
2 Certified Public Accountant (CPA) - 1 -
3 Certified of Fraud Examiner (CFE) 1 - -
4 Chartered Accountant (CA) 1 1 1
5 Certified Risk Professional (CRP) - - 1
Laporan Singkat Pelaksanaan Brief Report on the Implementation of
Kegiatan Internal Audit Tahun 2023 Internal Audit Activities in 2023
Rencana pelaksanaan kegiatan Internal Audit Tahun The plan for the implementation of Internal Audit activities
2023 dinyatakan dalam Annual Audit Plan (AAP) Internal in 2023 is stated in the Annual Audit Plan (AAP) for
Audit tahun 2023 yang telah disampaikan dan disetujui Internal Audit in 2023, which has been submitted and
oleh Direktur Utama dan Komisaris Utama selaku Ketua approved by the President Director and the Chairman of
Komite Audit. the Board of Commissioners acting as the Chairperson of
the Audit Committee.
Beberapa aspek yang dipertimbangkan dalam menyusun Some of the aspects considered in formulating the 2023
AAP Tahun 2023 adalah: AAP are as follows:
● Strategic Issues & Concern (Director, Commissioner, ● Strategic Issues & Concern (Director, Commissioner,
Audit Committee); Audit Committee);
● Top Corporate Risk (Quantitative & Qualitative Risk); ● Top Corporate Risk (Quantitative & Qualitative Risk);
● Program Strategis (Holding-Subholding); ● Strategic Programs (Holding-Subholding);
● Historical Audit Coverage; ● Historical Audit Coverage;
● Auditor Judgement (Internal Audit Management ● Auditor Judgement (Internal Audit Management
Insight). Insight).
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Tata Kelola Perusahaan
Good Corporate Governance
Realisasi Kegiatan Internal Audit PGE Realization of PGE Internal Audit
Untuk Tahun 2023 Activities in 2023
Berdasarkan data implementasi AAP per 31 Desember Based on AAP implementation data as of December
2023 diinformasikan bahwa Fungsi Internal Audit PGE 31, 2023, it is reported that the PGE Internal
telah melaksanakan 4 (empat) penugasan, melebihi Audit Function has completed 4 (four) assignments,
rencana AAP tahun 2023 yang sebanyak 3 (tiga) exceeding the 2023 AAP plan of 3 (three) assignments.
penugasan.
Fungsi Internal Audit PGE telah menyelesaikan tiga PGE’s Internal Audit function has completed three
penugasan assurance terkait AAP yaitu Audit atas assurance assignments related to the AAP, namely Audit
Pengelolaan Investasi, Audit atas Pengadaan Barang of Investment Management, Audit of Procurement of
dan Jasa, Pengujian Terhadap Efektivitas ICoFR Periode Goods and Services, and Testing of the Effectiveness of
Tahun 2023. Fungsi Internal Audit PGE juga telah ICoFR for the 2023 Period. PGE’s Internal Audit function
melaksanakan 1 (satu) penugasan Non Audit lainnya has also carried out one other Non-Audit assignment,
yaitu Audit Pendalaman atas Aktivitas Pengadaan namely an In-depth Audit of Certain Goods/Services
Barang/Jasa Tertentu di Area Geothermal Kamojang. Procurement Activities in the Kamojang Geothermal Area.
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Tata Kelola Perusahaan
Good Corporate Governance
Penugasan Audit AAP/AAP Terpadu/ AAP/Integrated AAP/NON AAP Audit
NON AAP Assignments
Rencana dan Realisasi AAP 2023
2023 AAP Plan and Realization
Realisasi Penugasan Audit AAP/AAP Terpadu/Non APP
Realization of AAP/Integrated AAP/Non APP Audit Assignments
No
Judul Audit Kategori* Progres/No. & Tgl LHA Timeline 2023
Audit Title Category* Progress/No. & Date of Reports 1 2 3 4 5 6 7 8 9 10 11 12
1 Audit Pengelolaan Audit AAP No. Prin-001/PGE700/2023-S0
Investasi AAP Audit 9 Juni | June 2023
Audit of
Investment
Management
No. Prin-002/PGE700/2023-S0
6 April 2023
No. LHA-01/PGE700/2023-S0
8 Juni | June 2023
2 Audit Pengadaan Audit AAP No. Prin-003/PGE700/2023-S0
Barang dan Jasa 3 Juli | July 2023
**) AAP Audit
Audit of Goods
and Services
Procurement **) No. Prin-004/PGE700/2023-S0
15 September 2023
No. LHA-02/PGE700/2023-S0
20 Oktober | October 2023
3 Pengujian Audit AAP No. Prin-006/PGE700/2023-S0
Terhadap AAP Audit 13 November 2023
Efektivitas ICoFR
Periode Tahun
2023 **)
Testing of the No. LHA-04/PGE700/2023-S0
Effectiveness of
ICoFR for the
2023 Period **)
4 Audit Pendalaman Non AAP No. Prin-005/PGE700/2023-S0
atas Aktivitas 2 November 2023
Pengadaan
Barang/Jasa
Tertentu di Area
Geotermal No. LHA-03/PGE700/2023-S0
Kamojang
In-depth Audit
of Certain
Goods/Services
Procurement
Activities in
the Kamojang
Geothermal Area
Keterangan:
Notes:
: Rencana *) Kategori : Audit AAP/ Non AAP
: Plan *) Category : AAP/ Non AAP Audit
: Realisasi **) : Revisi AAP Tahun 2023 tanggal 7 Juli 2023 (terkait timeline)
: Realization : Revised 2023 AAP dated 7 July 2023 (related to timeline)
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Tata Kelola Perusahaan
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Beberapa dokumentasi penugasan yang dilaksanakan Some of the documentation from the assignment
oleh Internal Audit PGE pada tahun 2023 adalah conducted by PGE Internal Audit in 2023 includes:
sebagai berikut:
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Penugasan Formal Non Audit Non-Audit Formal Assignment
Di samping penugasan Audit AAP dan Non AAP, telah In addition to the AAP and Non-AAP audit assignments,
dilakukan Penugasan Formal Non Audit di antaranya Non-Audit Formal Assignments were carried out,
Fungsi Internal Audit berperan aktif di dalam penugasan including by involving the Internal Audit Function in
Tim Project Initiative Pengelolaan Inventory dengan surat the Inventory Management Initiative Project Team as
perintah Direktur PGE No. Prin – 040/PGE000/2023-S0 per the PGE Director's order letter Number Prin - 040/
tanggal 19 Juni 2023. Pada kegiatan tersebut Chief PGE000/2023-S0 dated June 19, 2023. In this activity,
Audit Executive berperan sebagai Project Coordinator, the Chief Audit Executive acted as the Project Coordinator,
dan seluruh Pekerja Internal Audit berperan di dalam while all Internal Audit staff members played a role in the
Business Support Team. Business Support Team.
Selain itu tim Internal Audit berperan aktif dalam In addition, the Internal Audit team actively participated
melakukan koordinasi lintas fungsi dalam pelaksanaan in cross-functional coordination in the implementation of
penugasan tersebut. the assignment.
Di samping penugasan Penugasan Formal Non Audit Besides the Non Audit Formal Assignment, PGE Internal
diatas, Internal Audit PGE juga terlibat di dalam beberapa Audit was also involved in several other assignments.
penugasan lainnya. Penugasan tersebut di antaranya These include the Key Performance Indicators (KPI) PIC
Penugasan Tim PIC Key Performance Indicators (KPI), Tim Team, the Subholding/Subsidiary Activity Report PIC
PIC Laporan Kegiatan Subholding/ Anak Perusahaan, Team, and the ISO 22301:2019 Business Continuity
serta Tim Implementasi & Sertifikasi Business Continuity Management System (BCMS) Implementation &
Management System (BCMS) ISO 22301:2019 di Certification Team in Holding & Subholding (Pertamina
Holding & Subholding (Pertamina Group). Group) Companies.
Selain itu kami juga terlibat aktif di dalam Tim Auditor We were also actively involved in the Internal Auditor
Internal Geothermal Integrated Management System Team of Geothermal Integrated Management System
(GIMS), Tim Sertifikasi & Implementasi Geothermal (GIMS), Certification & Implementation Team of
Integrated Management System (GIMS) ISO Geothermal Integrated Management System (GIMS) of
9001:2015, ISO 14001:2015, ISO 45001:2018, ISO ISO 9001:2015, ISO 14001:2015, ISO 45001:2018,
37001:2016, Tim Persiapan Transaksi Lindung Nilai and ISO 37001:2016, PNRE Subholding FX Balance
Valuta Asing Neraca Subholding PNRE, Tim Task Force Sheet Hedging Transaction Preparation Team, Task Force
Program Kerja Fungsi Internal Audit Tahun 2024, Anti Team for Internal Audit Function Work Program 2024,
Fraud Agent Pertamina (Persero), Tim Environmental, Pertamina (Persero) Anti Fraud Agent, PGE Environmental,
Social & Governance (ESG) Management PGE. Social & Governance (ESG) Management Team.
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Pendampingan Review/ Audit/ Assistance for Review/Audit/
Assessment Oleh Pihak External Assessment by External Parties
1. Pendampingan Audit Setoran 1. Audit Assistance for Government Share
Bagian Pemerintah (SBP) Deposit (SBP) of 2019 - 2020 by BPKP
Tahun 2019 - 2020 oleh BPKP (Financial and Development Supervisory
Board)
Telah dilaksanakan pendampingan atas Audit Assistance has been provided for the Compliance
Kepatuhan atas Pemenuhan Setoran Bagian Audit on the Fulfillment of Government Share
Pemerintah pada Lapangan Kamojang, Lahendong Deposits at Kamojang, Lahendong, and Ulubelu
dan Ulubelu Tahun Buku 2019-2020. Hasil audit Fields for the 2019-2020 Fiscal Year. The BPKP audit
BPKP untuk Audit Setoran Bagian Pemerintah (SBP) results for the Government Share Deposit Audit for
tahun buku 2019 dan 2020 sudah disampaikan the 2019 and 2020 Fiscal Year were submitted at
dalam Exit Meeting yang dilakukan tanggal 7 Juli the Exit Meeting held on July 7, 2023 in Jakarta.
2023 di Jakarta. Laporan Hasil Audit telah terbit The Audit Report was issued with No. PE.04.02/
dengan No. PE.04.02/LATT-286/D404/2/2023 LATT-286/D404/2/2023 on August 15, 2023.
pada tanggal 15 Agustus 2023.
2. Pendampingan Audit Laporan Keuangan 2. Assistance in the Audit of 2023 Financial
Tahun Buku 2023 oleh Kantor Akuntan Statements by the Public Accounting Firm
Publik
Fungsi Internal Audit berkoordinasi dengan Fungsi The Internal Audit function, in coordination with
Controlling & Reporting menjadi counterpart the Finance Function, became a counterpart in the
atas pelaksanaan Audit Laporan Keuangan implementation of the 2023 Financial Statement
Tahun 2023 oleh Kantor Akuntan Publik (KAP) Audit by the Public Accounting Firm (KAP)
Purwantono Sungkoro & Surja (Ernst & Young). Purwantono Sungkoro & Surja (Ernst & Young).
3. Asesmen Tingkat Maturitas Penerapan 3. Maturity Level Assessment of Risk
Manajemen Risiko pada PGE oleh BPKP Management Implementation at PGE by
BPKP
Fungsi Internal Audit berkoordinasi dengan The Internal Audit function coordinates with the
Fungsi Enterprise Risk Management (ERM) atas Enterprise Risk Management (ERM) function on the
pelaksanaan Asesmen Tingkat Maturitas Penerapan implementation of the Maturity Level Assessment
Manajemen Risiko pada PT PGE oleh BPKP. of Risk Management Implementation at PT PGE by
BPKP.
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Jasa Konsultasi Consulting Services
Internal Audit Perseroan melaksanakan jasa konsultasi The Company's Internal Audit provides audit
audit berupa pemberian pendapat/masukan atas consulting services by offering opinions/input on
suatu permasalahan dalam rapat-rapat pembahasan issues during discussion meetings held by the Board
yang melibatkan oleh Direksi/Manajemen dan atau of Directors/Management and all related functions
seluruh fungsi terkait yang memerlukan jasa konsultasi that require consulting services with Internal Audit.
dengan Internal Audit. Jasa konsultasi yang diberikan In 2023, Internal Audit provided 40 consulting
oleh Internal Audit selama tahun 2023 sebanyak 40 services, which were requested by related functions
kegiatan. Jumlah tersebut merupakan permintaan fungsi that required Internal Audit consulting services.
terkait yang memerlukan jasa konsultasi Internal Audit.
Implementasi Manajemen Risiko Implementation of Risk Management
Kegiatan yang dilaksanakan oleh Internal Audit pada Activities carried out by Internal Audit in 2023 in regard
tahun 2023 terkait pelaksanaan Manajemen Risiko to the implementation of Risk Management are as follows:
adalah:
● Penyusunan Risk Register Fungsi Internal Audit ● Formulating the Risk Register for the Internal Audit
periode Tahun 2024; dan Function for 2024; and
● Pelaksanaan monitoring Risk Management Tahun ● Monitoring of 2023 Risk Management through
2023 pada Fungsi Internal Audit pada setiap the Internal Audit function on a quarterly basis
triwulan.
● Melaksanakan evaluasi untuk memastikan bahwa ● Conducting evaluations to ensure that the company’s
kegiatan manajemen risiko perusahaan telah risk management activities have been effectively
berjalan dengan efektif dalam memberikan carried out to provide reasonable assurance
jaminan yang wajar terhadap pencapaian sasaran regarding the achievement of organizational
organisasi, yang dilaksanakan diantaranya melalui objectives, including through the implementation of
pelaksanaan penugasan audit berbasis risiko. (risk risk-based audit assignments.
based audit)
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Sharing Knowledge dan Continuous Knowledge Sharing and Continuous
Improvement Program (CIP) Improvement Program (CIP)
Internal audit memiliki peran sebagai strategic Internal audit plays a strategic business partner
business partner mengawal organisasi atau Perseroan role in guiding the organization or the Company
mencapai tujuannya. Dengan pendekatan yang towards achieving its goals. With a systematic and
sistematik dan teratur, Internal Audit bertugas untuk regular approach, Internal Audit is tasked with
mengevaluasi dan meningkatkan efektivitas proses evaluating and improving the effectiveness of risk
pengelolaan risiko, pengendalian, dan tata kelola. management, control, and governance processes.
Salah satu bentuk pengawalan yang dilakukan One of the ways of guiding efforts carried out was a
terlibat dalam kegiatan Sharing Knowledge dengan Knowledge Sharing session under the title “Improving
judul ”Meningkatkan Tata Kelola Perusahaan Melalui Corporate Governance Through an Optimal and Effective
Pendekatan Three Lines of Defense yang Optimal dan Three Lines of Defense Approach,” which was held on
Efektif” yang dilaksanakan pada tanggal 11 April 2023. April 11, 2023.
Fungsi Internal Audit juga terlibat aktif dalam CIP PGE The Internal Audit function was also actively involved
Geovation 2023, di mana IP Prove MARFA dengan in the PGE Geovation 2023 CIP. The IP Prove MARFA,
judul Peningkatan Keandalan Monitoring Tindak Lanjut titled “Improving the Reliability of Monitoring the Follow-
Rekomendasi Audit Internal dengan aplikasi Monitoring up of Internal Audit Recommendations,” achieved a
of Audit Recommendation and Follow-up Action (MARFA) Silver award during the event for using the Monitoring of
di PGE berhasil mendapatkan penghargaan Silver pada Audit Recommendation and Follow-up Action (MARFA)
acara tersebut. application at PGE.
Sinergi Kegiatan Dengan Internal Synergy of Activities with Internal
Audit PT Pertamina (Persero) Audit at PT Pertamina (Persero)
Untuk mendorong terciptanya kapabilitas dan kapasitas To encourage the creation of organizational capability
organisasi dalam melaksanakan tugas dan tanggung and capacity in carrying out its duties and responsibilities,
jawabnya, di tahun 2022 telah dilakukan beberapa In 2022, several collaborative activities were conducted
sinergi kegiatan antara Internal Audit PGE dengan between PGE Internal Audit with the Holding Internal
Internal Audit Holding (PT Pertamina Persero) dan Audit (PT Pertamina Persero) and Sub Holding PNRE
Internal Audit Sub Holding PNRE (PT. Pertamina Power Internal Audit (PT. Pertamina Power Indonesia), including:
Indonesia) di antaranya:
● Pelaksanaan audit atas Pengadaan Barang dan ● Performing audit on Integrated Procurement of
Jasa secara Terpadu; Goods and Services;
● Pengujian terhadap Efektivitas ICoFR secara ● Testing the Effectiveness of ICoFR in an integrated
terpadu; manner;
● Pelaksanaan Periodic Quality Assurance 2023 ● Conducting the 2023 Periodic Quality Assurance of
Internal Audit Pertamina Group; Pertamina Group Internal Audit;
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● Penyusunan AAP dan Calendar of Event tahun 2024 ● Preparing AAP and Calendar of Events for 2024 in
di Subholding PNRE; PNRE Subholding;
● Tim Vertical Integration Subholding Power & New ● Joining the Vertical Integration Team of Power &
Renewable Energy; New Renewable Energy Subholding;
● Pendampingan End Year Audit Pertamina NRE Tahun ● Assisting Pertamina NRE End Year Audit of 2023.
2023.
Fraud Prevention Campaign Fraud Prevention Campaign
Fungsi Internal Audit turut berkolaborasi dengan Fungsi The Internal Audit function also collaborated with the
Compliance dan Fungsi Kepatuhan Anti Penyuapan Compliance Function and Anti-Bribery Compliance
(FKAP) dalam melaksanakan Fraud Prevention Campaign, Function (FKAP) in implementing the Fraud Prevention
diantaranya dalam melaksanakan assessment internal Campaign, for example, by conducting an internal
atas Sistem Manajemen Anti Penyuapan (SMAP), assessment of the Anti-Bribery Management System
pelaksanaan Pertamina Fraud Perception Survey (ABMS), implementing the Pertamina Fraud Perception
(PERFECT) tahun 2023, dan keterlibatan dalam Tim Survey (PERFECT) in 2023, and participating in the
Unit Pengendalian Gratifikasi, serta kegiatan-kegiatan Gratification Control Unit Team, as well as other activities.
lainnya.
Pelatihan Internal Audit Internal Audit Training
Untuk meningkatkan kompetensi dan profesionalisme To improve the competence and professionalism of
personel Internal Audit, selain standarisasi kompetensi Internal Audit personnel, in addition to standardizing
melalui sertifikasi profesi, personel Internal Audit juga competence through professional certification, Internal
mengikuti pelatihan, seminar dan upskilling, di antaranya Audit personnel also participate in trainings, seminars
sebagai berikut: and upskilling projects, as follows:
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Pelatihan Auditor
Auditor Training
Judul Pelatihan Tanggal Pelaksanaan Tempat Pelaksanaan
No
Title of Training Date of Training Location
1. Training of Trainer (ToT) dan Pembekalan Anti Fraud 3 Januari | January 2023 Online
Agent Internal Audit Pertamina Group
Training of Trainers (ToT) and Training of Anti Fraud
Agents for Pertamina Group Internal Auditors
2. NRE Champion General Module Program: Hydrogen 6 - 9 Januari | January 2023 Online
Batch 1
3. Risk Management Forum pertamina Across The Group 9 Januari | January 2023 Online
2023
Risk Management Forum - Pertamina Across The Group
2023
4. ITSEC: Cyber Security Summit 2023 19 Januari | January 2023 Offline
5. Enterprise Risk Management 17, 20, 21 Maret | March 2023 Online
6. Awareness ISO 22301:2019 Business Continuity 10 April 2023 Online
Management System (BCMS)
Awareness of the ISO 22301:2019 Business Continuity
Management System (BCMS)
7. Awareness ISO 22301:2019 Business Continuity 8 Mei | May 2023 Online
Management System (BCMS) - Sesi II
Awareness of the ISO 22301:2019 Business Continuity
Management System (BCMS) - Session II
8. Digital Forensic Investigation for Audit Forensic 31 Mei | May 2023 Online
9. Awareness ISO 22301:2019 Business Continuity 12 Juni | June 2023 Online
Management System (BCMS)
Awareness of the ISO 22301:2019 Business Continuity
Management System (BCMS)
10. Training Refreshment ISO 37001:2016 Anti Bribery 14 Juni | June 2023 Online
Management System
The ISO 37001:2016 Anti Bribery Management System
Refreshment Training
11. Bootcamp "Market Risk & Investor Relation" 2-5 Juli | July 2023 Offline
"Market Risk & Investor Relation" Bootcamp
12. Risk Management & Investor Relations Post IPO for Public 3-5 Juli | July 2023 Offline
Listed Company
13. Workshop Training Internal Auditor SMAP 4 Juli | July 2023 Online
Internal Auditor Training Workshop on SMAP
14. Konferensi Auditor Internal: Building Resilience in TUNA 5-6 Juli | July 2023 Offline
World
Internal Auditor Conference: Building Resilience in TUNA
World
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15. Introduction to: Carbon Credit & Carbon Market 7 September 2023 Offline
16. Optimalisasi Peran PGE dalam Pengembangan Ekosistem November 2023 Offline
Perdagangan Karbon
Optimizing PGE's Role in the Development of Carbon
Trading Ecosystems
17. Penentuan Prioritas dan Penilaian Kelayakan Proyek November 2023 Offline
Geothermal
Geothermal Project Prioritization and Feasibility
Assessment
18. Penentuan Prioritas dan Penilaian Kelayakan Proyek November 2023 Offline
Geothermal dan Downstream Gas, Power & NRE
Business Development & Portofolio
Prioritization and Feasibility Assessment of Geothermal
and Downstream Gas Projects, Power & NRE Business
Development & Portfolio
19. Kewajiban bagi Perusahaan pasca Initial Public Offering November 2023 Offline
(IPO)
Obligations for the Company post Initial Public Offering
(IPO)
20. Seminar Nasional Internal Audit (SNIA) Trusted Advisor 6-7 Desember | December 2023 Offline
National Internal Audit Seminar (SNIA) - Trusted Advisor
Rapat Internal Audit Internal Audit Meetings
Internal Audit secara berkala melaksanakan rapat Internal Audit periodically conducts meetings with the
dengan Direksi, Dewan Komisaris dan/atau Komite Board of Directors, the Board of Commissioners and/or
Audit. Sepanjang tahun 2023 Internal Audit telah the Audit Committee. Throughout 2023, Internal Audit
melaksanakan rapat dengan Direksi, Dewan Komisaris held 22 meetings with the Board of Directors, the Board
dan/atau Komite Audit sebanyak 22 kali. of Commissioners and/or the Audit Committee.
Tanggal Triwulan Perihal Peserta
No
Date Quarter Subject Participants
1 21 Maret | March 2023 I Rapat gabungan Direksi dan Dewan Komisaris CAE, BOD, BOC
Joint meeting of the Board of Directors and the Board of
Commissioners
2 17 April 2023 II Rapat gabungan Direksi dan Dewan Komisaris CAE, BOD, BOC
Joint meeting of the Board of Directors and the Board of
Commissioners
3 11 Mei | May 2023 II Rapat gabungan Komite Audit TW I 2023 CAE, Komite
Joint meeting of the Audit Committee for Q1 of 2023 CAE, Committee
4 26 Juni | June 2023 II ● Rapat gabungan Direksi dan Dewan Komisaris CAE, BOD, BOC
● Kinerja Perseroan Mei 2023
● Joint meeting of the Board of Directors and the
Board of Commissioners
● Company Performance May 2023
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5 26 Juni | June 2023 II Rapat gabungan Direksi dan Dewan Komisaris CAE, BOD, BOC
Joint meeting of the Board of Directors and the Board of
Commissioners
6 13 Juli | July 2023 III Rapat gabungan Komite Audit CAE, Komite
Joint meeting of the Audit Committee CAE, Committee
7 18 Juli | July 2023 III Warroom Biweekly Direksbang CAE, BOD
Direksbang’s Biweekly War Room
8 29 September 2023 III Rapat gabungan Direksi dan Dewan Komisaris CAE, BOD, BOC
Joint meeting of the Board of Directors and the Board of
Commissioners
9 20 Oktober | October IV Rapat gabungan Komite Audit TW III 2023 CAE, Komite
2023 Joint meeting of the Audit Committee for Q3 of 2023 CAE, Committee
10 27 Oktober | October IV Pelaksanaan kunjungan kerja/ perjalanan dinas CAE, Komite Audit
2023 Komisaris Independen ke Area Geothermal Kamojang CAE, the Audit Committee
Implementation of working visits/official trips of
the Independent Commissioner to the Kamojang
Geothermal Area
11 27 Oktober | October IV Pemaparan Savety Paused pada MWT dengan CAE, BOD, BOC
2023 Komisaris dan Direksi Area Kamojang
Presentation on Safety Pause at Management
Walkthrough (MWT) with the Kamojang Area Board of
Commissioners and Board of Directors
12 28 Oktober | October IV Rapat gabungan Direksi dan Dewan Komisaris CAE, BOD, BOC
2023 Joint meeting of the Board of Directors and the Board of
Commissioners
13 28 Oktober | October IV Rapat gabungan Direksi dan Dewan Komisaris CAE, BOD, BOC
2023 Joint meeting of the Board of Directors and the Board of
Commissioners
14 28 Oktober | October IV Rapat gabungan Direksi dan Dewan Komisaris CAE, BOD, BOC
2023 Joint meeting of the Board of Directors and the Board of
Commissioners
15 4 November 2023 IV MWT bersama Direktur Eksplorasi dan Pengembangan CAE, BOD
MWT with Director of Exploration and Development
16 23 November 2023 IV Rapat gabungan Direksi dan Dewan Komisaris CAE, BOD, BOC
Joint meeting of the Board of Directors and the Board of
Commissioners
17 29 November 2023 IV ● Rapat gabungan Direksi dan Dewan Komisaris CAE, BOD, BOC
● Kinerja Perseroan Oktober 2023
● Joint meeting of the Board of Directors and the
Board of Commissioners
● Company Performance October 2023
18 29 November 2023 IV Rapat gabungan Direksi dan Dewan Komisaris CAE, BOD, BOC
Joint meeting of the Board of Directors and the Board of
Commissioners
19 30 November 2023 IV War Room Biweekly Operation CAE, BOD
War Room Biweekly Operation
20 13 Desember | IV MWT Komisaris dan Direksi CAE, BOD, BOC
December 2023 MWT of the Board of Commissioners and the Board of
Directors
21 20 Desember | IV ● Rapat gabungan Direksi dan Dewan Komisaris CAE, BOD, BOC
December 2023
● Kinerja Perseroan November 2023
● Joint meeting of the Board of Directors and the
Board of Commissioners
● Company Performance November 2023
22 20 Desember | IV Rapat gabungan Direksi dan Dewan Komisaris CAE, BOD, BOC
December 2023 Joint meeting of the Board of Directors and the Board of
Commissioners
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Rencana Kerja Tahunan Internal Audit Annual Work Plan for Internal Audit
Pada 2023, rencana kerja tahunan Internal Audit terdiri In 2023, the Internal Audit annual work plan consists
dari 3 (tiga) penugasan dan belum termasuk unscheduled of three assignments and does not include unscheduled
audit dan konsultasi yaitu; audit and consulting, namely;
1. Audit atas Pengelolaan Investasi; 1. Audit on Investment Management;
2. Audit atas Pengadaan Barang dan Jasa; 2. Audit on Procurement of Goods and Services;
3. Pengujian Terhadap Efektivitas ICoFR Periode Tahun 3. Test on the Effectiveness of ICoFR for the Year 2023.
2023.
Temuan dan Tindak Lanjut Hasil Audit Audit Findings and Follow-up
Internal Audit telah melakukan pemantauan atas tindak Internal Audit has monitored the follow-up of audit
lanjut temuan audit secara periodik untuk memastikan findings periodically to ensure that the realization of
realisasi tindak lanjut temuan-temuan audit telah the follow-up of audit findings has been implemented
dilaksanakan dan ditindak lanjuti. Jumlah temuan audit and followed up on until November 2023. The number
yang dimonitor tindak lanjutnya sepanjang tahun 2023 of audit findings monitored for follow-up is as follows:
adalah sebagai berikut:
Keterangan YTD Oktober |
No November YTD November
Description October
1 Outstanding rekomendasi per Januari 2023 - - 47
Outstanding recommendations as of
January 2023
2 Tambahan rekomendasi tahun 2023 36 - 36
Additional recommendations for 2023
3 Penyelesaian rekomendasi tahun 2023 18 2 20
Completion of recommendations in 2023
4 Saldo akhir rekomendasi tahun 2023 - - 63
End balance of recommendations in 2023
a. Melebihi end date - - 23
Exceeding the end date
b. Belum melebihi end date - - 40
Not exceeding the end date
Jumlah rekomendasi audit sepanjang periode tahun The number of audit recommendations throughout the
2023 adalah 95 rekomendasi. Dari total 95 rekomendasi year 2023 is 95 recommendations. Out of the total
tersebut, jumlah rekomendasi yang telah ditindaklanjuti 95 recommendations, the number of recommendations
adalah 39 rekomendasi (41,00%), sehingga outstanding that have been followed up is 39 recommendations
rekomendasi per 31 Desember 2023 adalah 56 (41.00%), resulting in outstanding recommendations as
rekomendasi (33 rekomendasi telah melebihi end date of December 31, 2023, totaling 56 recommendations
dan 23 rekomendasi belum melebihi end date. (33 recommendations have exceeded the end date and
23 recommendations have not exceeded the end date.
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Tata Kelola Perusahaan
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auditor eksternal
external auditor
Laporan keuangan konsolidasian Perseroan untuk The Company’s consolidated financial statements
tahun yang berakhir pada tanggal 31 Desember for the year ended on December 31, 2023 were
2023 diaudit oleh KAP Purwantono, Sungkoro & audited by KAP Purwantono, Sungkoro & Surja
Surja (Ernst & Young). Penunjukan Kantor Akuntan (Ernst & Young). The appointment of the Public
Publik dan penetapan biaya audit didasarkan pada Accountant Firm and the determination of the audit
rekomendasi Komite Audit kepada Dewan Komisaris, fee were based on the recommendation of the Audit
yang kemudian disetujui oleh RUPST pada 5 Juni 2023. Committee to the Board of Commissioners, which was
then approved during the AGMS on June 5, 2023.
Selama proses audit, terdapat komunikasi dan kerja sama During the audit process, there were intensive
yang intensif antara Auditor Eksternal dan Perseroan, communication and cooperation between the External
khususnya dengan Fungsi Internal Audit dan Komite Audit. Auditor and the Company, especially with the Internal
Apabila dibutuhkan, Auditor Eksternal akan melaporkan Audit Function and the Audit Committee. If necessary, the
hasil auditnya kepada Dewan Komisaris dan Direksi di External Auditor will report the audit results to the Board of
dalam rapat gabungan Dewan Komisaris dan Direksi. Commissioners and the Board of Directors in a joint meeting
of the Board of Commissioners and the Board of Directors.
Akuntan Publik yang telah Mengaudit Public Accountants who have Audited the
Laporan Keuangan Tahunan Perseroan Company's Annual Financial Statements for the
selama 5 Tahun Terakhir Last 5 Years
Akuntan Publik Periode
Signing Partner
Public Accountant Period
KAP Purwantono, Sungkoro & Surja Irwan Haswir 2023
KAP Purwantono, Sungkoro & Surja Irwan Haswir 2022
KAP Purwantono, Sungkoro & Surja Irwan Haswir 2021
KAP Purwantono, Sungkoro & Surja Widya Arijanti 2020
KAP Purwantono, Sungkoro & Surja Widya Arijanti 2019
Penjelasan mengenai biaya akuntan dan jasa lain yang Details regarding accountant fees and other services
diberikan dapat dilihat pada bab Profil Perusahaan di provided can be found in the Company Profile chapter of
Laporan Tahunan ini. this Annual Report.
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sistem pengendalian internal
internal control system
Sistem pengendalian internal bertujuan membentuk The internal control system aims to establish a strong
dasar yang kuat bagi kegiatan operasional Perseroan foundation for the Company’s operational activities,
khususnya dalam hal pengendalian aset, mengidentifikasi especially in terms of controlling assets, identifying
dan mengelola risiko-risiko usaha serta memastikan and managing business risks, and ensuring compliance
kepatuhan terhadap hukum yang berlaku. Penerapan with applicable laws. The implementation of the
sistem pengendalian internal di PGE mencakup internal control system at PGE includes controlling
pengendalian terhadap risiko finansial, operasional, risks in finance, operations, environmental impact,
dampak lingkungan hingga penerapan peraturan. Fungsi and regulatory compliance. The Company’s internal
pengendalian internal Perseroan dilakukan oleh Internal control function is carried out by the Internal Audit.
Audit.
Implementasi kerangka pengendalian internal bertujuan The implementation of the internal control framework is
untuk: intended to:
1. Menjamin semua kegiatan usaha telah dilaksanakan 1. Ensure that all business activities have been
sesuai dengan ketentuan dan peraturan perundang- carried out in accordance with applicable laws
undangan yang berlaku, baik ketentuan yang and regulations, including provisions issued by the
dikeluarkan oleh Pemerintah maupun Otoritas Government and Supervisory Authorities, as well as
Pengawas, serta kebijakan, ketentuan, dan prosedur internal policies, provisions, and procedures set by
internal yang ditetapkan oleh Perseroan. the Company.
2. Menyediakan laporan yang benar, lengkap, dan 2. Provide correct, complete, and timely reports for
tepat waktu dalam rangka pengambilan keputusan the purpose of making relevant and accountable
yang relevan dan dapat dipertanggung jawabkan. decisions.
3. Meningkatkan efektivitas dan efisiensi dalam 3. Increase the effectiveness and efficiency in using
menggunakan aset dan sumber daya lainnya dalam assets and other resources to protect the Company
rangka melindungi Perseroan dari risiko kerugian. from the risk of loss.
4. Mengidentifikasi kelemahan dan menilai 4. Identify weaknesses, assess deviations early, and
penyimpangan secara dini dan menilai kembali reassess the soundness of existing policies and
kewajaran kebijakan dan prosedur yang ada di procedures within the Company on an ongoing basis.
dalam Perseroan secara berkesinambungan.
Kebijakan Sistem Pengendalian Internal Control System Policy
Internal
Penerapan Pengendalian Internal Perseroan mengacu The implementation of the Company’s Internal Control
kepada peraturan berikut: refers to the following regulations:
1. Board Manual Bab Direksi tentang Sistem 1. Board Manual, Chapter of the Board of Directors on
Pengendalian Internal. Internal Control System.
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2. Pedoman Pengelolaan Internal Audit No. A-039/ 2. Internal Audit Management Manual Number:
PGE000/2020-R0. A-039/ PGE000/2020-R0.
3. Pedoman Pengelolaan Internal Audit PT Pertamina 3. Internal Audit Management Manual of PT Pertamina
(Persero) No. A-001/J00000/2015-S9 Revisi Ke - 3 (Persero) Number: A-001/J00000/2015-S9 3rd
Tanggal 18 Oktober 2018. Revision dated October 18, 2018.
4. Pedoman Pengelolaan Pengaduan No. A9-001/ 4. Manual for Complaint Management Number:
J00000/2021-S9 revisi 0 Pertamina Investigation A9-001/J00000/2021-S9 revision 0, Pertamina
Audit, WBS & Fraud Prevention. Investigation Audit, WBS & Fraud Prevention.
5. Piagam Audit Internal (Internal Audit Charter) sesuai 5. Internal Audit Charter in accordance with the Decree
Surat Keputusan Dewan Komisaris PT PGE Nomor of the Board of Commissioners of PT PGE Number
013/Kpts/DK-PGE/2022-S0 tanggal 2 Maret 013/Kpts/DK-PGE/2022-S0 dated March 2, 2022.
2022.
6. Kode Etik Internal Audit. 6. Code of Ethics for Internal Audit.
Aspek Pengendalian Internal Internal Control Aspects
Beberapa hal yang termasuk dalam aspek atau ruang Those included in the aspects or scope of Internal Control
lingkup Pengendalian Internal adalah: are as follows:
● Melakukan review sistem pengendalian internal ● Conducting a review of the Company’s internal
perusahaan yang meliputi pemisahan fungsi, control system, which includes the separation of
pemenuhan kualifikasi pekerja yang menduduki functions, fulfillment of the qualifications of employees
fungsi-fungsi tersebut, pendokumentasian melalui who occupy these functions, system documentation
sistem atas seluruh pencatatan, transaksi dan of all records, transactions, and relations between
hubungan antar fungsi, dan tingkat konsistensi atas functions, the level of consistency in its application,
penerapannya serta pengambilan langkah-langkah and the adoption of corrective measures;.
perbaikannya;
● Mengevaluasi sistem pengendalian internal yang ● Evaluating the prevailing internal control system in
berlaku di Perseroan dengan praktik-praktik yang the Company based on Pertamina’s applicable and
berlaku di Pertamina dan berlaku umum. generally accepted practices;
● Mengevaluasi sistem pelaporan keuangan ● Evaluating the financial reporting system implemented
yang dilaksanakan dalam perusahaan dengan in the Company by streamlining the IT system;.
mengefektifkan sistem TI.
● Mengevaluasi sistem pelaporan operasi dan proyek ● Evaluating the operation and project reporting system
yang dilaksanakan dalam perusahaan dengan implemented within the Company by streamlining the
mengefektifkan sistem TI. IT system.
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Kerangka Sistem Pengendalian Internal
Internal Control System Framework
Lingkungan pengendalian internal a. Integritas, nilai etika, dan kompetensi pekerja
Internal control environment b. Filosofi dan gaya manajemen;
c. Cara yang ditempuh manajemen dalam melaksanakan kewenangan
dan tanggung jawabnya;
d. Pengorganisasian dan pengembangan sumber daya manusia; serta
e. Perhatian dan arahan yang dilakukan oleh Direksi.
a. Integrity, ethical values, and competency of workers;
b. Management philosophy and style;
c. The manner in which management exercises its authority and
responsibility;
d. Human resource organization and development; and
e. Attention and directives given by the Board of Directors.
Pengkajian dan pengelolaan risiko usaha Proses untuk mengidentifikasi, menganalisis,
Business risk assessment and management menilai dan mengelola risiko usaha yang relevan.
Process for identifying, analyzing, assessing, and managing relevant business
risks.
Aktivitas pengendalian Tindakan-tindakan yang dilakukan dalam suatu proses pengendalian terhadap
Control activities kegiatan Perseroan pada setiap tingkat dan unit dalam struktur organisasi
Perseroan mengenai, kewenangan, otorisasi, verifikasi, rekonsiliasi, penilaian
atas prestasi kerja, pembagian tugas dan keamanan terhadap aset Perseroan.
Actions carried out in a process of controlling the Company's activities at
every level and unit in the Company's organizational structure on authority,
authorization, verification, reconciliation, assessment of work performance,
division of tasks, and security of the Company's assets.
Sistem informasi dan komunikasi Proses penyajian laporan mengenai kegiatan
Information and communication systems operasional, finansial, dan ketaatan atas ketentuan.
Process of presenting reports on operational activities, finances, and
compliance with regulations.
Monitoring Proses penilaian terhadap kualitas sistem pengendalian internal termasuk,
Fungsi Internal Audit pada setiap tingkat dan unit struktur organisasi Perseroan,
sehingga dapat dilaksanakan secara optimal dengan ketentuan bahwa
penyimpangan yang terjadi dilaporkan kepada Direksi dan tembusannya
disampaikan kepada Dewan Komisaris untuk diteruskan kepada Komite Audit.
Process of assessing the quality of the internal control system including the
Internal Audit function at every level and unit of the Company's organizational
structure, so that it can be implemented optimally provided that any deviation
is reported to the Board of Directors and a copy is submitted to the Board of
Commissioners to be forwarded to the Audit Committee.
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Pengendalian Internal atas Kegiatan Internal Control over Operational
Operasional Activities
Pengendalian operasional Perseroan disusun dengan The Company’s operational control is prepared by
menyesuaikan RKAP dan kinerja tiap lini operasional adjusting the Company Budget Work Plan (RKAP) and
untuk memaksimalkan hasil kegiatan operasional di the performance of each operational line to maximize
masing-masing bidang Perseroan sesuai dengan Uraian the results of operational activities in each area of the
Tugas Pokok (UTP) dan Uraian Penilaian Jabatan (UPJ). Company in accordance with the Main Task Description
(UTP) and Position Assessment Description (UPJ).
Dalam prosesnya Fungsi Manajemen Risiko akan In the process, the Risk Management Function will compile
menyusun profil risiko operasional Perseroan, baik the Company’s operational risk profile, both in each
di setiap unit maupun secara perorangan. Kemudian unit and individually. Then, all reports on operational
seluruh laporan mengenai kegiatan operasional tersebut activities will be submitted to the Board of Directors in
akan disampaikan kepada Direksi dalam bentuk laporan the form of periodic reports and discussed in the Board of
berkala dan dibahas di dalam agenda rapat Direksi, Directors meeting agenda, as part of the internal control
sebagai bagian dari sistem pengendalian internal. system.
Metodologi Risk-Based Audit (RBA) mengatur The Risk-Based Audit (RBA) methodology defines the
prinsip-prinsip Internal Audit dalam menjalankan principles of Internal Audit in carrying out internal control
aktivitas pengendalian internal yang berfokus kepada activities that focus on the identification, assessment,
identifikasi, penilaian, mitigasi, dan pemantauan risiko mitigation, and monitoring of risks throughout the
seluruh proses bisnis Perseroan. RBA memperhatikan Company’s business processes. The RBA considers all
seluruh aspek dari pendekatan Fungsi Internal Audit aspects within the Internal Audit function’s approach
serta keselarasan dalam mengelola dan menangani as well as its alignment in managing and addressing
risiko yang teridentifikasi. identified risks.
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Berikut adalah ilustrasi penerapan metodologi RBA:
The following is an illustration of the application of the RBA methodology:
Level Pengembangan Penetapan Penyusunan Rencana
Makro Semesta Audit Aspek-Aspek Audit Audit Tahunan
Macro Develop Audit Determine Develop Annual
Level Universe Auditable Audit Plan
Quakity Assuarance & Improvement Program
Program Peningkatan dan Jaminan Kualitas
Rencana Implementasi Laporan Tindak Lanjut
Plan Conduct Report Follow Up
Pemantauan dan
Survei Pendahuluan Pertemuan Awal Penyusunan Laporan Validasi Rencana Aksi
Preliminary Survey Entry Meeting Audit Monitor & Validate Action
Develop Audit Report Plan
Level Mikro
Micro Level
Penyampaian Laporan
Penetapan Fokus Audit Tinjauan Lapangan
Audit
Determine Audit Focus (Pengujian)
Communicate Audit
Fieldwork (Testing)
Report
Pengembangan Pro- Penetapan Validasi
gram Audit Issue Validation
Develop Audit Program
Penyusunan Surat Penugasan Pertemuan Akhir
Memorandum Perencanaan Exit Meeting
Audit
Develop Audit Planning Memo-
randum Assignment Letter
Sistem Manajemen Audit
Audit Management System
Kebijakan dan Prosedur
Policies and Procedures
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Pengendalian Internal atas Kegiatan Internal Control over Financial
Keuangan Activities
Pengendalian internal atas pelaporan keuangan atau Internal Control over Financial Reporting (ICoFR) is
Internal Control over Financial Reporting (ICoFR) the process of preparing the Company’s Financial
adalah proses penyusunan Laporan Keuangan Statements to minimize report misstatements by using the
Perseroan untuk meminimalkan kesalahan penyajian ICoFR application system called the ICoFR Management
laporan dengan menggunakan sistem aplikasi ICoFR System.
yang disebut dengan ICoFR Management System.
Pengendalian internal atas pelaporan keuangan tersebut Internal controls over financial reporting are performed to
dilakukan untuk mendapatkan keyakinan yang memadai obtain reasonable assurance that the financial reporting
(reasonable assurance) bahwa proses penyusunan process is supported by effective controls that comply
Laporan Keuangan telah didukung pengendalian yang with systems and regulations. The implementation and
efektif sesuai dengan sistem dan ketentuan. Penerapan reporting of ICoFR used by the Company have been
dan pelaporan ICoFR yang digunakan Perseroan telah set as a KPI for several functions of the Company.
ditetapkan sebagai KPI beberapa fungsi Perseroan.
Dalam menjalankan perannya sebagai third line of defense In carrying out its role as the third line of defense in the
dalam implementasi ICoFR di Perseroan, Fungsi Internal implementation of ICoFR within the Company, the Internal
Audit bertanggung jawab melakukan pengujian secara Audit Function is responsible for conducting independent
independen dan menyeluruh atas efektivitas rancangan and thorough testing on the effectiveness of the design
dan pelaksanaan pengendalian internal pada proses and implementation of internal controls on the financial
pelaporan keuangan serta memberikan rekomendasi reporting process and providing recommendations for
untuk perbaikan proses pengendalian internal atas the improvement of the internal control process on the
keandalan laporan keuangan. Fungsi Internal Audit reliability of financial statements. The Internal Audit
melakukan pengujian independen atas rancangan dan function conducts independent testing of the design and
pelaksanaan ICoFR dengan menggunakan metodologi implementation of ICoFR using the RBA methodology.
RBA.
Pelaksanaan pengujian ICoFR Audit meliputi evaluasi The ICoFR Audit includes an evaluation of entity-
atas pengendalian pada level entitas atau Entity Level level controls (ELC), IT General Controls (ITGC), and
Control (ELC), pengendalian pada level IT General Transactional Level Controls (TLC) in the business
Controls (ITGC), dan pengendalian pada level transaksi cycles of Expenditure, Revenue, Fixed Asset, Taxation,
atau Transactional Level Control (TLC) untuk siklus bisnis Treasury, Human Resources & Payroll, Hydro Inventory,
Expenditure, Revenue, Fixed Asset, Taxation, Treasury, Non-Hydro Inventory, Financial Closing & Reporting,
Human Resources & Payroll, Inventory Hydro, Inventory and other significant cycles, in line with the company’s
NonHydro, Financial Closing & Reporting, dan dan development, which directly or indirectly affect financial
siklus signifikan lainnya, seiring dengan perkembangan reporting. Thus, the primary focus of ICoFR testing is
perusahaan, yang secara langsung atau tidak langsung on risk management impacting the reliability of the
mempengaruhi pelaporan keuangan. Dengan demikian, Company’s financial reports.
fokus utama pengujian ICoFR adalah pengelolaan risiko
yang berdampak pada keandalan laporan keuangan
Perseroan.
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Seluruh proses pelaksanaan ICoFR Audit dilaksanakan The entire ICoFR Audit implementation process is carried
seiring dengan perkembangan Perseroan, yang secara out in line with the Company’s development, which
langsung atau tidak langsung memengaruhi pelaporan directly or indirectly affects financial reporting. Thus,
keuangan. Dengan demikian, fokus utama ICoFR Audit the main focus of ICoFR Audit is the risk management
adalah pengelolaan risiko yang berdampak pada that impacts the reliability of the Company’s financial
keandalan laporan keuangan Perseroan. statements
Kesesuaian Dengan Kerangka Compliance with the Committee Of
Committee Of Sponsoring Sponsoring Organizations (COSO)
Organizations (COSO) Framework
Fungsi Internal Audit telah mempertimbangkan kualitas The Internal Audit function has considered the quality of
pengendalian internal atas entitas/kegiatan/program internal control over the entities/activities/programs to
yang akan diperiksa menggunakan lima komponen be examined using the five components of the Internal
Sistem Pengendalian Internal (SPI) yang dikemukakan Control System (SPI) proposed by COSO, namely
oleh COSO, yaitu lingkungan pengendalian, penilaian control environment, risk assessment, control activities,
risiko, aktivitas pengendalian, komunikasi dan informasi, communication and information, as well as monitoring
serta monitoring dan identifikasi potensi terjadinya and identification of potential fraud.
kecurangan.
Evaluasi Terhadap Efektivitas Sistem Evaluation on the Effectiveness of
Pengendalian Internal Internal Control System
Evaluasi pelaksanaan sistem pengendalian internal fThe evaluation of the implementation of the internal
diaplikasikan pada beberapa hal, khususnya pengujian control system is applied to several matters, especially
ICoFR di dalam Perseroan. Pengujian dilakukan oleh in testing of ICoFR in the Company. Tests are carried
Internal Audit secara independen dengan pendekatan out by the Internal Audit independently with a three
three line of defense untuk menguji efektivitas sistem line of defense approach to test the effectiveness of the
pengendalian Perseroan. Company’s control system.
Pengujian penerapan ICoFR tersebut memberikan The ICoFR implementation test provides reasonable
keyakinan yang memadai bahwa potensi control assurance that potential control deficiency and significant
deficiency dan significant deficiency dapat diidentifikasi deficiency can be identified and corrected by improving
dan diperbaiki melalui peningkatan akurasi Risk Control the accuracy of the Risk Control Matrix (RCM) and
Matrix (RCM) dan Business Process Model (BPM). Business Process Model (BPM).
Selanjutnya, hasil dari penilaian tersebut akan dilaporkan Furthermore, the results of the assessment will be reported
kepada Direksi untuk kemudian disampaikan kepada to the Board of Directors and subsequently submitted to
Dewan Komisaris, serta Komite Audit dan Manajemen the Board of Commissioners, as well as the Audit and
Risiko guna ditinjau kembali. Risk Management Committee for review.
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Model Tiga Lapis IIA
The IIA’s Three Lines Model
DEWAN PENGAWAS | GOVERNING BODY
Akuntabilitas kepada para pemangku kepentingan untuk pengawasan organisasi
Accountability to stakeholders for organizational oversight
Peran badan pengawas: integritas, kepemimpinan, dan transparansi
PENYEDIA JASA ASURANS EKSTERNAL I
Governing body roles: integrity, leadership, and transparency
EXTERNAL ASSURANCE PROVIDERS
MANAJEMEN | MANAGEMENT AUDIT INTERNAL I
Tindakan (termasuk mengelola risiko) untuk mencapai INTERNAL AUDIT
tujuan organisasi Asurans independen
Actions (including managing risk) to achieve Independent assurance
organizational objectives
Peran lapis pertama: Peran lapis kedua: Peran lapis ketiga:
First line roles: Second line roles: Third line roles:
Penyediaan produk/ Keahlian, dukungan, Asurans dan saran yang
layanan kepada klien; pemantauan, dan independen dan obyektif
mengelola risiko. tantangan dalam hal-hal atas semua hal yang terkait
Provision of products/ yang berkaitan dengan dengan pencapaian tujuan.
services to clients; risiko. Independent and objective
managing risk. Expertise, support, assurance and advice on
monitoring and challenge all matters related to the
on risk-related matters. achievement of objectives
managing risk.
KATA KUNCI: Akuntabilitas, pelaporan Pendelegasian, arahan, Penyelarasan, koordinasi
KEY: Accountability, reporting sumber daya, pengawasan komunikasi, kolaborasi
Delegation, direction, Alignment, communication
resources, oversight coordination, collaboration
Evaluasi pelaksanaan sistem pengendalian internal pada Evaluation of the implementation of the internal control
kegiatan operasional dilaksanakan melalui pelaksanaan system in operational activities is carried out through
audit operasional dan audit dengan tujuan tertentu. Hal- the implementation of operational audits and audits
hal yang menjadi perhatian dalam aktivitas pelaksanaan with specific objectives. Matters of concern in audit
audit: implementation activities are as follows:
1. Pelaksanaan test of control sesuai program audit 1. Implementation of a control test in accordance with
meliputi: the audit program includes:
a. Penentuan sampel pengujian, di mana metode a. Determination of test samples, in which the
pemilihan dan pengambilan sampel pengujian method of selection and sampling of the test
mengacu kepada ketentuan dalam Pedoman refers to the provisions in the Internal Audit
Pengelolaan Internal Audit. Management Manual.
b. Pengujian atas atribut pengendalian pada b. Testing control attributes on a predetermined
sampel yang telah ditentukan, untuk menilai sample to assess the effectiveness of the control
efektivitas rancangan pengendalian. design.
2. Pelaksanaan substantive test sesuai program audit 2. Substantive test in accordance with the audit
dilakukan untuk mendeteksi terjadinya risiko yang program is carried out to detect the occurrence of
disebabkan oleh kelemahan pengendalian. risks caused by control weaknesses.
3. Penambahan langkah pengujian saat pelaksanaan 3. Additional testing steps during the audit (fieldwork)
audit (fieldwork) dapat dilakukan dengan tujuan can be performed with the aim of supporting
untuk mendukung kesimpulan atas efektivitas conclusions on the effectiveness of controls.
pengendalian.
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Peran Fungsi Internal Audit dalam memberikan The Internal Audit function's role in providing added
nilai tambah dan meningkatkan kinerja Perseroan value and improving the Company's performance allows
memungkinkan manajemen mengajukan sejumlah management to submit a number of special requests in
permintaan khusus berupa jasa konsultasi informal dan the form of informal consulting services and participation
partisipasi dalam rapat manajemen. Fungsi Internal Audit in management meetings. The Internal Audit function may
juga dapat memberikan saran yang sifatnya insidental also provide incidental advice or other routine exchange
atau pertukaran informasi rutin lainnya. of information.
Jasa konsultasi informal ini dapat dilakukan dengan This informal consulting service can be carried out by
memperhatikan independensi dan objektivitas Auditor taking into account the independence and objectivity of
internal, ketersediaan sumber daya, dan tidak the internal auditor, the availability of resources, and
mengganggu pelaksanaan jasa audit. Pelaksanaan interference with the implementation of audit services.
jasa konsultasi dengan tujuan memberikan penilaian The implementation of consulting services with the aim
atas efektivitas pengendalian atau pengelolaan of providing an assessment of the effectiveness of control
risiko dilakukan dengan mengacu pada standar or risk management is carried out with reference to the
pelaksanaan audit dengan metodologi RBA. standard audit implementation using the RBA methodology.
Hasil Tinjauan Atas Efektivitas Sistem Review Results on Effectiveness of the
Pengendalian Internal Tahun Buku Internal Control System for the 2023
2023 Fiscal Year
Evaluasi Sistem Pengendalian Internal atas pelaporan The evaluation of the Internal Control System over
keuangan Perseroan pada Tahun 2023 telah dilaksanakan the Company's financial reporting in 2023 has been
melalui pelaksanaan pengujian kecukupan rancangan conducted through testing the adequacy of the design
aktivitas pengendalian Internal Control Over Financial of Internal Control Over Financial Reporting (ICoFR)
Reporting (ICoFR), proses sertifikasi atau pelaksanaan activities, the certification process, or the implementation
Control Self Assesment (CSA) yang melibatkan Fungsi of Control Self-Assessment (CSA) involving the relevant
terkait/Control Owner (sebagai first line role) dan Fungsi functions/Control Owners (as the first line of defense) and
Enterprise Risk Management/Control Group (sebagai the Enterprise Risk Management/Control Group function
second line role), yaitu terhadap Transaction Level (as the second line of defense), specifically focusing on
Control (TLC) pada Siklus Human Resource & Payroll Transaction Level Control (TLC) in the Human Resource &
(HRP). Payroll (HRP) Cycle.
Dalam menjalankan perannya sebagai third line In carrying out its role as the third line in the
role dalam implementasi ICoFR, Fungsi Internal implementation of ICoFR, the Internal Audit Function
Audit melakukan pengujian secara independen dan conducts independent and thorough testing on the
menyeluruh atas efektivitas rancangan dan pelaksanaan effectiveness of the design and implementation of internal
pengendalian intern pada proses pelaporan keuangan controls on the financial reporting process and provides
serta memberikan rekomendasi untuk perbaikan recommendations for improving the internal control
proses pengendalian internal atas keandalan Laporan process for the reliability of Financial Statements using
Keuangan dengan menggunakan metodologi RBA. the RBA methodology.
Pada 2023 Fungsi Internal Audit telah melaksanakan In 2023, the Internal Audit Function carried out ICoFR
pengujian ICoFR dengan ruang lingkup pengujian adalah testing with the scope of testing being the Expenditure
Siklus Expenditure (EXP) terkait sub proses Pengakuan Cycle (EXP), focusing on the sub-processes of Debt
Hutang dan Pembayaran Vendor Pihak Ketiga dengan Recognition and Third-Party Vendor Payment. The testing
periode pengujian triwulan I hingga III tahun 2023. period was from Q1 to Q3 of 2023.
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Selanjutnya, untuk dapat memahami dan melakukan Furthermore, in order to understand and conduct
pengujian secara komprehensif terhadap pengendalian comprehensive testing on transaction-level controls for
pada level transaksi terhadap dua sub proses yang the two sub-processes in EXP cycle, the Auditor also
ada pada siklus EXP, Auditor juga melakukan pengujian conducts general testing related to the stages of ICoFR in
secara umum terkait tahapan-tahapan ICoFR di PGE PGE, including the Design Stage, Implementation Stage,
diantaranya meliputi Tahap Perancangan, Tahap and Evaluation Stage.
Implementasi, dan Tahap Evaluasi.
Pernyataan Direksi dan/atau Dewan Statement of the Board of Directors
Komisaris Atas Kecukupan Sistem and/or the Board of Commissioners on
Pengendalian Internal Adequacy of Internal Control System
Dewan Komisaris dan Direksi menyatakan bahwa sistem The Board of Commissioners and the Board of Directors
pengendalian internal Perseroan selama tahun 2023 declared that the Company's internal control system
telah memadai dilihat dari: operasional yang berjalan during 2023 has been adequate, as evidenced by
secara efektif dan efisien, Laporan Keuangan yang effective and efficient operations, accurate and reliable
akurat dan dapat diandalkan, serta kepatuhan terhadap Financial Statements, and compliance with applicable
undang-undang dan peraturan yang berlaku. laws and regulations.
Direktur Utama dan Direktur Keuangan Perseroan The President Director and the Finance Director of the
mewakili Direksi memberikan pernyataan bahwa Direksi Company on behalf of the Board of Directors provided
bertanggung jawab atas sistem pengendalian internal a statement that the Board of Directors is responsible
Perseroan dan entitas anak yang dituangkan dalam for the internal control system of the Company and its
Surat Pernyataan Direksi Tentang Tanggung Jawab subsidiaries as stated in the Statement of the Board of
atas Laporan Keuangan Konsolidasian setiap tahunnya. Directors on the Responsibility for the Consolidated
Financial Statements each year.
Untuk memberikan keyakinan kecukupan Sistem To provide assurance on the adequacy of the Internal
Pengendalian Internal atas kegiatan operasional Control System over the Company's operational
Perseroan, pada 2023 Fungsi Internal Audit telah activities, in 2023, the Internal Audit Function carried out
melaksanakan audit operasional dan audit dengan operational audits and audits with specific objectives.
tujuan tertentu yang hasilnya dilaporkan kepada Direktur The results were reported to the President Director
Utama melalui penyampaian Laporan Hasil Audit (LHA) through the periodic submission of Audit Results Reports
secara berkala yang memberikan kesimpulan secara (LHA), which provided general conclusions on control
umum atas aktivitas pengendalian yang dievaluasi activities evaluated to provide reasonable assurance that
untuk memberikan keyakinan yang wajar (reasonable risks have been properly managed and business process
assurance) bahwa risiko telah dikelola dengan baik dan objectives can be achieved.
tujuan proses bisnis dapat dicapai.
Pada 2023 Fungsi Internal Audit telah melaksanakan In 2023, the Internal Audit Function carried out four (4)
4 (empat) penugasan, yaitu 3 (tiga) penugasan audit assignments, namely 3 (three) audit assignments planned
yang direncanakan di AAP Tahun 2023 (Audit atas in the 2023 AAP (Investment Management Audit, Goods
Pengelolaan Investasi, Audit atas Pengadaan Barang and Services Procurement Audit, Testing on the Effectiveness
dan Jasa, Pengujian Terhadap Efektivitas ICoFR Periode of ICoFR for the 2023 Period), and 1 (one) Non-AAP
Tahun 2023), dan 1 (satu) penugasan Non AAP (Audit assignment (In-depth Audit of Certain Goods/Services
Pendalaman Atas Aktivitas Pengadaan Barang/Jasa Procurement Activities in the Kamojang Geothermal Area).
Tertentu Di Area Geothermal Kamojang).
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Tata Kelola Perusahaan
Good Corporate Governance
sistem manajemen risiko
risk management system
Penerapan manajemen risiko Perseroan didukung oleh Implementation of the Company’s risk management is
berbagai kebijakan sebagai berikut: supported by various policies as follows:
1. Traktat dan Komitmen Manajemen Risiko, yang 1. The Risk Management Treaty and Commitment,
memuat komitmen penerapan Manajemen Risiko which contains commitments to implement Risk
dalam setiap kegiatan proses bisnis, proyek, Management in every business process, project,
dan manajemen perubahan untuk mencapai visi and change management activity to achieve
Perseroan dan mencegah kerugian operasional the Company’s vision and prevent operational
Perseroan, yang diperbarui dan disahkan pada losses, was updated and ratified in July 2023.
Juli 2023.
2. Komitmen Manajemen Kelangsungan Bisnis, 2. Business Continuity Management Commitment,
yang memuat komitmen untuk menjaga which includes a commitment to maintain
kontinuitas pasokan uap dan listrik kepada continuity of steam and electricity supply to
pelanggan dalam menghadapi kejadian customers in the face of disruptive events in
disruptif sesuai dengan kontrak dan peraturan accordance with applicable contracts and
yang berlaku, yang diperbarui dan disahkan regulations, was updated and ratified in July
pada Juli 2023. 2023.
3. Pedoman Pengelolaan Risiko Perusahaan 3. Enterprise Risk Management Manual
(Enterprise Risk Management) No.A-001/ Number: A-001/PGE310/2023-S9
PGE310/2023-S9 Revisi 00 tanggal 24 Revision 00 dated August 24, 2023; .
Agustus 2023.
4. Pengelolaan Manajemen Kelangsungan 4. Business Continuity Management set out in the
Bisnis tertuang dalam Pedoman Geothermal Geothermal Integrated Management System
Integrated Management System (GIMS), yang (GIMS) Manual, updated and ratified in July
diperbarui dan disahkan pada Juli 2023. 2023.
5. Tata Kelola Organisasi (TKO) manajemen risiko 5. Organizational Governance (TKO) of risk
yang terdiri dari: management consists of:
a. TKO Penilaian dan Penanganan Risiko a. TKO for Risk Assessment and Handling
No. B-001/PGE113/2018-S9 Revisi 02. Number: B-001/PGE113/2018-S9
Revision 02.
b. TKO Proses Pemantauan Risiko No. B-002/ b. TKO for Risk Monitoring Process Number:
PGE113/2018-S9 Revisi 02. B-002/PGE113/2018-S9 Revision 02.
c. TKO Penetapan Batas Toleransi Risiko c. c. TKO for Determination of Risk Tolerance
No. B-003/PGE113/2019-S9 Revisi 01. Limits Number: B-003/PGE113/2019-S9
Revision 01.
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Tata Kelola Perusahaan
Good Corporate Governance
d. TKO Penyusunan dan Perbaikan d. TKO for Formulation and Continuous
Berkelanjutan Dokumen Sistem Improvement of Business Continuity
Manajemen Kelangsungan Bisnis (SMKB) Management System (BCMS) Document
No. B-001/PGE313/2023-S9 Revisi 00. Number: B-001/PGE313/2023-S9
Revision 00.
6. Tata Kerja Individu (TKI) Manajemen Risiko 6. Individual Work Procedures (TKI) of Risk
yang terdiri dari: Management consist of:
a. TKI Penilaian dan Penanganan Risiko a. TKI for Risk Assessment and Handling
No.C-001/PGE113/2018-S9 Revisi 02. Number: C-001/PGE113/2018-S9
Revision 02.
b. TKI Penyusunan Laporan Profil Risiko b. TKI for Preparation of Risk Profile Report
No.C-002/PGE113/2022-S9 Revisi 00. Number: C-002/PGE113/2022-S9
Revision 00.
c. TKI Pemantauan Risiko No. C-003/ c. TKI for Risk Monitoring Number:
PGE113/2022-S9 Revisi 00. C-003/PGE113/2022-S9 Revision 00.
d. TKI Perhitungan Batas Toleransi Risiko dan d. TKI for Calculation of Risk Tolerance
Loss Event No. C-004/PGE113/2019-S9 Limit and Loss Event Number: C-004/
Revisi 01. PGE113/2019-S9 Revision 01.
e. TKI Perhitungan Dampak Risiko Kuantitatif e. TKI for Quantitative Risk Impact Calculation
No. C-005/PGE113/2019-S9 Revisi 01. Number: C-005/PGE113/2019-S9
Revision 01.
f. TKI Pengisian Kertas Kerja Dokumen Sistem f. TKI for Filling in the Working Paper
Manajemen Kelangsungan Bisnis (SMKB) of Business Continuity Management
No. C-001/PGE313/2023-S9 Revisi 00. System (SMKB) Document Number:
C-001/PGE313/2023-S9 Revision 00.
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Tata Kelola Perusahaan
Good Corporate Governance
Tata Kelola Manajemen Risiko Risk Management Governance
Penerapan dan pengelolaan Governance Risk The implementation and management of Governance
Management mengacu pada prinsip Three Lines Model, Risk Management refer to the Three Lines Model
sebagai model pertahanan terhadap risiko yang timbul di principle, as a defense model against risks incurred
Perseroan. Hal ini untuk memberikan arahan tata kelola in the Company. This aims to provide direction for risk
manajemen risiko baik dalam tingkatan korporasi, fungsi, management governance at the corporate, functional,
area maupun proyek dan menyelaraskan informasi dan area, and project levels and to align information and
segala aktivitas yang melingkupi tata kelola Perseroan all activities surrounding the Company's governance as
serta kepatuhan (compliance) agar Perseroan dapat well as compliance so that the Company can operate
beroperasi secara efektif dan efisien. Proses Governance effectively and efficiently. The Company's Corporate
Risk Management Korporasi Perseroan, sesuai diagram Risk Management Governance is shown in the following
berikut: diagram:
Konteks Organisasi | Organizational Context
Visi dan Misi
Vision and Mission
RJPP RKAP KPI Sasaran Kerja
Work Objectives
3rd Line 2nd Line 1st Line
Risk BAsed Audit
Monitoring & Review
RISK ASSESSMENT
Feedback Risk Owner
BOD - BOC Fungsi/Area/ Proyek
Update Risk Register & Mitigation Plan
RISK TREATMENT
1. Risiko Negatif : Avoid, Reduce/
Review dan Evaluasi dalam Rapat Mitigate, Share, Retain.
INTERNAL AUDIT
Komite Manajemen Risiko (RKMR) Laporan
2. Risiko Positif: Exploit, Enhance, Share,
Review and Evaluation in Risk Profil Resiko
Monitor.
Management Committee Meeting Korporasi PGE
(RKMR) (3 bulanan)
MONITORING & REVIEW
1. Weekly Monitoring (War Room)
IRMS
2. Monitoring Top Risk Korporasi
Fasilitator Risk Bulanan
Assesment 3. Monitoring Risiko Fungsi, Area,
Proyek Triwulanan
Konsultasi Enterprise Risk Management &
Fungsi Terkait Communication
Enterprise Risk Management & & Consultation
Related Functions RECORDING & REPORTING
1. Laporan Monitoring Top Risk Bula-
nan & Triwulanan
Evaluasi Efekt.
2. Utilisasi Integrated Risk
Mitigasi Risiko
(mid & end
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Tata Kelola Perusahaan
Good Corporate Governance
Proses Manajemen Risiko Risk Management Process
Ruang Lingkup, Konteks, Kriteria
Scope, Context, Criteria
Penilaian Risiko
Risk Assessment
Identifikasi Risiko
Risk Identification
Komunikasi & Konsultasi Analisis Risiko Pemantauan &
Communication Risk Analysis Kaji Ulang
& Consultation Monitoring & Review
Evaluasi Risiko
Risk Evaluation
Risk Treatment
Perlakuan Risiko
Pencatatan & Pelaporan
Recording & Reporting
Perseroan menyadari bahwa selama menjalankan The Company realizes that while carrying out the
kegiatan operasional Perseroan akan berhadapan Company's operational activities, it will encounter
dengan berbagai risiko. Oleh karena itu Perseroan telah various risks. Therefore, the Company has adopted
mengadopsi sistem manajemen risiko yakni Enterprise a risk management system, namely Enterprise Risk
Risk Management (ERM) dengan merujuk pada ISO Management (ERM) with reference to ISO 31000:2018
31000:2018 Manajemen Risiko. on Risk Management.
Perseroan menerapkan sistem manajemen risiko
sebagai bagian dari sistem manajemen Perseroan The Company implements a risk management system as
yang dilaksanakan secara sistematis dan mendorong part of its management system, which is implemented
terciptanya budaya sadar risiko di lingkungan kerja. systematically and encourages the creation of a
Secara berkala Perseroan juga melaksanakan review risk-aware culture in the work environment. The
untuk melihat efektivitas pelaksanaan sistem manajemen Company also periodically conducts reviews to assess
risiko. the effectiveness of the risk management system
implementation.
Perseroan mengungkapkan secara transparan risiko-risiko
yang secara signifikan mempengaruhi kegiatan usaha The Company transparently discloses risks that
sebagai bagian dari upaya Perseroan memberikan significantly affect business activities as part of the
informasi yang dapat digunakan sebagai dasar Company's efforts to provide information that can be
pertimbangan dalam pengambilan keputusan oleh pihak- used as a basis for consideration in making decisions
pihak yang akan melakukan hubungan bisnis dan kerja by parties who will conduct business relations and
sama dengan Perseroan. Berikut ini proses manajemen cooperation with the Company. The risk management
risiko yang diterapkan oleh Perseroan antara lain: process implemented by the Company is as follows:
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Tata Kelola Perusahaan
Good Corporate Governance
● Ruang Lingkup, Konteks dan Kriteria ● Scope, Context, and Criteria
Perseroan melakukan penentuan lingkup The company determines the scope of risk management
pengelolaan risiko dengan memperhatikan faktor by considering internal and external factors.
internal dan eksternal.
● Penilaian Risiko ● Risk Assessment
Penilaian risiko merupakan keseluruhan proses atau Risk assessment is an overall process or activity that
aktivitas yang meliputi: includes:
1. Identifikasi Risiko 1. Risk Identification
Perseroan mengidentifikasi risiko untuk The company identifies risks to locate,
menemukan, mengenali dan mendeskripsikan recognize, and describe risks that may prevent
risiko yang mungkin dapat menghalangi the Company from achieving its goals and
Perseroan dalam mencapai sasaran dan menilai assessing potential risks, including through
potensi risiko, termasuk melalui penilaian risiko regular risk assessments and scenario analysis.
reguler dan analisis skenario.
2. Analisis Risiko 2. Risk Analysis
Perseroan menganalisis risiko untuk The company analyzes risks to determine
menentukan besaran kemungkinan terjadinya the likelihood of risk occurrence and the
risiko dan besaran dampak risiko, dengan magnitude of risk impact, taking into account
memperhatikan sumber dan penyebab risiko the sources and causes of risk as well as
serta pengendalian risiko yang sudah ada saat existing risk controls and their effectiveness.
ini serta efektivitasnya.
3. Evaluasi Risiko 3. Risk Evaluation
Perseroan mengevaluasi risiko untuk The company evaluates risks by comparing
membandingkan hasil analisis risiko dengan the results of the risk analysis with the
kriteria risiko yang sudah ditetapkan untuk established risk criteria to determine
menentukan tindakan yang perlu dilakukan. the actions that need to be executed.
● Penanganan Risiko ● Risk Handling
Perseroan melakukan penanganan risiko disesuaikan The company handles risks in accordance with
dengan strategi bisnis Perseroan dengan the Company’s business strategy by considering
mempertimbangkan risk appetite, status risiko, biaya risk appetite, risk status, cost of risk, and
penanganan risiko (cost of risk) dan manfaat yang the most optimal benefits for the Company.
paling optimal bagi Perseroan.
● Komunikasi dan Konsultasi ● Communication and Consultation
Perseroan melakukan komunikasi dan konsultasi The company communicates and
dengan pemangku kepentingan untuk saling bertukar consults with stakeholders to exchange
informasi terkait penanganan Risiko. information related to risk management.
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Tata Kelola Perusahaan
Good Corporate Governance
● Pemantauan dan Kaji Ulang ● Monitoring and Review
Perseroan melaksanakan pemantauan berkelanjutan The company implements continuous monitoring
oleh para pemilik risiko (risk owner) dan fungsi by risk owners and related functions to determine
terkait untuk mengetahui dan menentukan status the actual performance status of the Enterprise
kinerja aktual proses Enterprise Risk Management Risk Management process compared to the
dibandingkan dengan rencana atau harapan yang plans or expectations that have been made.
telah dibuat.
● Pencatatan dan Pelaporan ● Recording and Reporting
● Proses Enterprise Risk Management dan hasilnya ● Enterprise Risk Management processes and the
didokumentasikan dan dilaporkan melalui results are documented and reported through
mekanisme yang sesuai kepada pemangku appropriate mechanisms to relevant stakeholders,
kepentingan terkait, seperti kepada Direksi dan such as the Board of Directors and shareholders.
pemegang sahamnya.
Profil Risiko dan Pengelolaannya Risk Profile and Management
Risiko-risiko utama Perseroan serta pengelolaan risiko The Company's main risks and their corresponding risk
diuraikan sebagai berikut: management strategies are described as follows:
Profil Risiko dan Pengelolaannya
Risk Profile and Management
Risiko Tindakan
No
Risk Action
1 Impairment Aset Proyek dan Area PGE a. Penyusunan kajian pengembangan dengan opsi kerja sama melalui skema partnership maupun
Impairment of PGE Project and Area Assets Joint Development Agreement
b. Optimalisasi manajemen reservoir, salah satunya melalui simulasi reservoir.
c. Perbaikan dan optimalisasi surface facilities
d. Penyusunan kajian (Accounting Position Paper) terkait impairment
a. Preparing development studies with cooperation options through partnership or Joint
Development Agreement scheme
b. Optimizing reservoir management, one of which is through reservoir simulation.
c. Improving and optimizing of surface facilities
d. Preparing a study (Accounting Position Paper) related to impairment
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Tata Kelola Perusahaan
Good Corporate Governance
2 Unschedule Shutdown dan Dispatching a. Implementasi program Reliability Centered Maintenance (RCM) serta program Risk Based
pada Sistem PLTP Inspection (RBI)
Unscheduled Shutdown and Dispatching b. Evaluasi program RCM dan RBI untuk strategi pemeliharaan dan inspeksi di semua area
in PLTP Systems
c. Melakukan Minor Inspection (MI) dan Turn Around (TA) secara time-based sesuai dengan
Operating & Maintenance (O&M) Manual yang diberikan oleh Original Equipment
Manufacturer (OEM)
d. Penyusunan Root Cause Failure Analysis (RCFA) sebagai lesson learned pada setiap kejadian
disturbance/kerusakan
e. Penyusunan Asset Health Report (AHR) secara periodik
f. Penyiapan critical spare part untuk peralatan utama PLTP
g. Melakukan Life Time Extension Program Analysis dan Fitness for Service untuk Unit yang sudah
beroperasi melebihi life time sesuai dengan ISO 55001 : Asset Management
h. Penyusunan Long Term Contract (LTC) dengan OEM atau pihak penyedia jasa lain untuk
mempercepat respons kebutuhan jasa service untuk pelaksanaan MI/TA serta ketika kejadian
gangguan
i. Realisasi Equivalent Forced Outage Ratio (EFOR) 0,4% dari toleransi 1,59%
a. Implementing Reliability Centered Maintenance (RCM) program and Risk Based Inspection (RBI)
program.
b. Evaluating RCM and RBI programs for maintenance and inspection strategies in all areas
c. Performing Minor Inspection (MI) and Turn Around (TA) on a time-based basis in accordance
with the Operating & Maintenance (O&M) Manual provided by the Original Equipment
Manufacturer (OEM)
d. Preparing Root Cause Failure Analysis (RCFA) as a lesson learned on every disturbance/
damage event
e. Preparing Asset Health Report (AHR) periodically
f. Preparing critical spare parts for PLTP main equipment
g. Conducting Life Time Extension Program Analysis and Fitness for Service for Units that have
operated beyond the lifetime in accordance with ISO 55001: Asset Management
h. Preparing Long Term Contract (LTC) with OEM or other service providers to accelerate the
response to service needs for the implementation of MI/TA and when disturbances arise
i. Realizing an Equivalent Forced Outage Ratio (EFOR) of 0.4% from the 1.59% tolerance
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Tata Kelola Perusahaan
Good Corporate Governance
3 Tidak Tercapainya HSSE Excellence a. Health :
Failure to achieve HSSE Excellence • Implementasi Fit to Work (FTW) dan Health Risk Assessment(HRA)
b. Safety
• Monitoring NoA, TRIR, dan laporan PEKA, dimana realisasi NoA 0, TRIR PGE 0,49
(allowable 0.93). Observation card(PEKA) terdapat 13,094 laporan unsafe act dan
unsafe condition dengan closed rate 89.02% serta report rate 2.22
• Mempromosikan implementasi siklus CSMS, mulai dari Pra-Kualifikasi hingga Final
Evaluation vendor
• Melaksanakan program pengawasan HSSE yang melibatkan manajemen secara berkala
dalam bentuk Management Walk Through (MWT) dan Safety Walk & Talk (SWAT),
serta sosialisasi sebagai peningkatan awareness aspek HSSE dan lesson learned kepada
pekerja, mitra maupun vendor
• Melaksanakan training, sharing knowledge, dan sosialisasi terkait aspek HSSE
c. Security
• Monitoring TRIS
• Melakukan patroli dan pengamanan lebih intensif
• Predikat Sistem Manajemen Pengamanan (SMPg) di seluruh Area adalah gold
d. Environment
• Monitoring dan evaluasi pelaksanaan pemantauan lingkungan (pelaksanaan RKL/RPL)
• Mengikuti PROPER dan PERCA dengan realisasi Predikat PROPER mendapatkan 3 emas
(KMJ, UBL, LHD), 1 hijau (KRH). Perca Area Lumut Balai Biru
e. Kebakaran
• Penempatan bahan chemical dan bahan bakar terisolasi sesuai dengan ketentuan
• Pengecekan dan monitoring kondisi fasilitas pemadam kebakaran dalam kondisi layak
dan dapat digunakan serta ketersediaan peralatan penanggulangan kebakaran
a. Health :
• Implementasi Fit to Work (FTW) dan Health Risk Assessment(HRA)
b. Safety
• Monitoring NoA, TRIR, and PEKA reports, where the realization of NoA is at 0, TRIR PGE
is at 0.49 (allowable at 0.93). On the observation card (PEKA), there were 13,094 unsafe
acts and unsafe conditions reports with a closure rate of 89.02% and a reporting rate of
2.22%.
• Promoting the implementation of CSMS cycle, starting from Pre-Qualification to Final
Evaluation of vendors.
• Conducting HSSE supervision programs involving management on a regular basis in the
form of Management Walk Through (MWT) and Safety Walk & Talk (SWAT), as well as
dissemination to increase awareness of HSSE aspects and lessons learned to workers,
partners, and vendors.
• Conducting training, knowledge sharing, and dissemination related to HSSE aspects.
c. Security
• TRIS Monitoring
• Conducting more intensive patrols and security measures
• Having a gold rating in the Security Management System (SMPg) in all areas
d. Environment
• Monitoring and evaluating the implementation of environmental monitoring (implementation
of RKL/RPL)
• Participating in PROPER and PERCA programs and obtaining three gold ratings (KMJ,
UBL, LHD) and one green rating (KRH) for PROPER, as well as a blue rating from PERCA
for the Lumut Balai Area
e. Fire
• Placing chemicals and isolated fuels in accordance with the provisions.
• Checking and monitoring the condition of fire extinguishing facilities to ensure they are in a
feasible and usable condition, as well as ensuring the availability of firefighting equipment.
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Tata Kelola Perusahaan
Good Corporate Governance
4 Bencana Alam a. Menjalin kerja sama dengan BMKG untuk layanan informasi cuaca dan layanan konsultasi
Natural Disaster bidang klimatologi
b. Menjalin kerja sama dengan Universitas untuk penyusunan prosedur kesiapan menghadapi
bencana geohazard serta penyiapan Geohazard Emergency Response Readiness Assessment
Tool (GERRAT). Implementasi Area dan Proyek dengan hasil adequate – fully adequate
c. Tindak lanjut hasil studi geohazard melalui penanggulangan longsor melalui perkuatan lereng
pada area rawan longsor
d. Monitoring Early Warning System (EWS)
a. Collaborating with the Meteorological, Climatological, and Geophysical Agency (BMKG) for
weather information services and climatology consulting services.
b. Collaborating with Universities for the development of geohazard preparedness procedures and
the preparation of the Geohazard Emergency Response Readiness Assessment Tool (GERRAT).
Implementation of Areas and Projects with adequate - fully adequate results
c. Following up on the results of the geohazard study through landslide countermeasures by
strengthening slopes in landslide prone areas.
d. Monitoring the Early Warning System (EWS)
5 Kerugian akibat Fluktuasi Kurs a. Monitoring dan evaluasi selisih kurs
Losses due to Exchange Rate Fluctuations b. Melakukan kajian dan pemantauan secara periodik atas akun moneter yang memiliki risiko
translasi kurs
a. Monitoring and evaluating exchange rate gaps
b. Conducting periodic review and monitoring of monetary accounts with foreign exchange
translation risks
6 Penurunan Kapasitas Produksi Sumur a. Melakukan evaluasi pada sumur dan fasilitas produksi untuk optimalisasi kapasitas supply uap
Decrease in Well Production Capacity b. Melakukan Recovery Program: Geohazard, Reliability, dan Subsurface
c. Melakukan studi TFT dan manajemen reinjeksi
d. Pengeboran sumur make up dan workover sumur
e. Well integrity test
f. Evaluasi dan re-uji performa individual sumur dengan memonitor dinamika/perubahan TKS
g. Realisasi produksi geotermal total PGE tahun 2023 sebesar 4.734,57 GWh dari target
4.523,58 GWh (104,66%)
a. Evaluating wells and production facilities to optimize steam supply capacity.
b. Undertaking recovery programs: Geohazard, Reliability, and Subsurface
c. Conducting TFT study and reinjection management
d. Drilling make-up wells and workover wells
e. Conducting well integrity tests
f. Evaluating and re-testing the performance of individual wells by monitoring the dynamics/
changes of the TKS
g. PGE's total geothermal production realization in 2023 amounted to 4,734.57 GWh out of the
target of 4,523.58 GWh (104.66%).
7 Adanya Tuntutan Hukum a. Koordinasi dan komunikasi intensif antar fungsi di internal Perseroan dan mengadakan
Lawsuits perjanjian jasa hukum dengan konsultan hukum
b. Penyusunan daftar penaatan atau identifikasi terhadap peraturan dan perundangan terkait
proses bisnis serta operasional Perseroan
a. Coordinating and communicating intensively between functions within the Company and
establishing legal service agreements with legal consultants.
b. Preparing a list of compliance or identifying the rules and regulations related to the Company's
business processes and operations
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Tata Kelola Perusahaan
Good Corporate Governance
8 Menurunnya Value PGE sebagai Emiten di a. Melakukan Investor meeting dan Investor engagement sebagai ruang komunikasi PGE ke
Pasar Modal Pasca IPO investor secara berkala
PGE's Declining Value as an Issuer in the b. Penyelenggaraan workshop dan sosialisasi terkait kewajiban sebagai perusahaan terbuka
Capital Market Post IPO bersama instansi terkait atau perusahaan yang sudah go public sebelumnya
c. Monitoring rutin terkait proyek 600 MW untuk memastikan pencapaian tambahan kapasitas
terpasang 600 MW berjalan seperti yang dituangkan dalam prospektus
a. Organizing investor meetings and engaging with investors regularly as a way for PGE to
communicate with them.
b. Organizing workshops and sharing information related to the obligations of being a public
company with relevant agencies or companies that have already gone public.
c. Regularly monitoring the 600 MW project to ensure that the additional installed capacity of 600
MW is achieved as outlined in the prospectus.
9 Adanya Cyber Attack terhadap Jaringan & a. Monitoring dan maintenance server
Aplikasi PGE b. Implementasi EWS server dalam bentuk notifikasi email dan WhatsApp
Cyber Attack on PGE Network & Applications
c. Implementasi Multi Factor Authentication
d. Melakukan penetration test menggunakan pentest tools
e. Implementasi Audit tools, event log dan event viewer
f. Automatic update OS dan software server
g. Sosialisasi larangan penggunaan software ilegal dan cyber security, clean & clear desk
melalui broadcast
h. Implementasi dan sertifikasi ISO 27001:2022 Information Security, Cyber security and Privacy
Protection
a. Conducting server monitoring and maintenance
b. Using EWS server for email and WhatsApp notifications
c. Implementing Multi-Factor Authentication
d. Carrying out penetration tests using pentest tools
e. Implementing audit tools, event logs, and event viewer
f. Performing automatic update of OS and server software
g. Disseminating the prohibition of using illegal software and promoting cyber security and clean &
clear desk policy through broadcasts
h. Implementing and achieving certification for ISO 27001:2022 Information Security,
Cybersecurity, and Privacy Protection.
10 Menurunnya Corporate Image Perusahaan a. Meningkatkan pemberitaan positif baik untuk aspek finansial, operasional, CSR, proyek
Decline in the Company’s Corporate Image strategis melalui press release rutin, media briefing, dan media visit
b. Menjalankan program CSR dengan baik dan tepat sasaran
c. Penyampaian informasi Perseroan melalui broadcast dan media sosial Perseroan
d. Penyelesaian komplain atau keluhan pelanggan dengan cepat
e. Investor meeting dan Investor engagement sebagai ruang komunikasi PGE ke investor secara
berkala
f. Peningkatan operational excellence
a. Increasing positive publicity for financial, operational, CSR, and strategic projects through
regular press releases, media briefings, and media visits.
b. Executing CSR programs effectively and on target
c. Disseminating the Company's information through broadcasts and social media platforms
d. Resolving customer complaints promptly
e. Holding investor meetings and organizing investor engagement as a means of communication
between PGE and investors on a regular basis.
f. Improving operational excellence
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Tata Kelola Perusahaan
Good Corporate Governance
Penilaian dan Evaluasi Efektivitas Assessment and Evaluation of the
Sistem Manajemen Risiko Perusahaan Effectiveness of Company's Risk
Management System
Perseroan melalui fungsi Enterprise Risk Management The Company through the Enterprise Risk Management
bersama Komite Manajemen Risiko dan Tim Penerapan function together with the Risk Management Committee
Manajemen Risiko Korporat (ERM) dan proyek (PRM) and the Corporate (ERM) and project (PRM) Risk
secara rutin melakukan evaluasi atas efektivitas Management Implementation Teams routinely evaluate the
pelaksanaan manajemen risiko melalui monitoring risiko effectiveness of risk management implementation through
bulanan untuk memastikan bahwa rencana mitigasi risiko monthly risk monitoring to ensure that risk mitigation plans
telah berhasil dijalankan. Informasi yang dihasilkan have been successfully implemented. The information
dari hasil evaluasi tersebut sangat penting sebagai generated from the evaluation results is pivotal as a
pertimbangan rencana Perseroan ke depan dalam consideration for the Company's future plans in managing
mengelola Perseroan dan proyek-proyek yang dijalankan. the Company and its projects. From the results of risk
Dari hasil monitoring risiko selama tahun 2023, tindakan monitoring during 2023, the mitigation actions taken can
mitigasi yang dilakukan dapat menurunkan level risiko, reduce the level of risk, as stated in the following risk map:
sebagaimana tercantum dalam peta risiko berikut:
Kejadian Risiko
No Inherent Risk Residual Risk
Risk Event
Terjadinya impairment pada proyek maupun area-area di PGE
1 High Risk Low Risk
Impairment of PGE Project and Area Assets
Unschedule shut down dan dispatching pada sistem PLTP
2 High Risk Low to Moderate
Unscheduled Shutdown and Dispatching in PLTP Systems
Tidak tercapainya HSSE Excellence
3 High Risk Low Risk
Failure to achieve HSSE Excellence
Bencana Alam
4 High Risk Low Risk
Natural Disaster
Kerugian akibat fluktuasi kurs
5 Moderate To High Risk Low Risk
Losses due to Exchange Rate Fluctuations
Penurunan Kapasitas Produksi Sumur
6 High Risk Low Risk
Decrease in Well Production Capacity
Adanya Tuntutan Hukum
7 Moderate To High Risk Low Risk
Lawsuits
Menurunnya value PGE sebagai emiten di pasar modal pasca IPO
8 High Risk Low Risk
PGE’s Declining Value as an Issuer in the Capital Market Post IPO
Adanya cyber attack terhadap jaringan & aplikasi PGE
9 Moderate To High Risk Low Risk
Cyber Attack on PGE Network & Applications
Menurunnya Corporate Image Perusahaan
10 Moderate To High Risk Low Risk
Decline in the Company’s Corporate Image
Secara keseluruhan, hasil monitoring risiko tahun 2023 In general, the results of risk monitoring in 2023 were
berjalan efektif dan mampu menurunkan level risiko effective and were able to reduce the risk level according
sesuai toleransi manajemen, serta Risk Residual Exposure to management tolerance, as well as the Residual Risk
di bawah Batas Toleransi Risiko Perseroan. Exposure below the Company's Risk Tolerance Limit.
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Tata Kelola Perusahaan
Good Corporate Governance
Pernyataan Direksi dan/atau Dewan Statement of the Board of Directors
Komisaris Atas Kecukupan Sistem and/or the Board of Commissioners on
Manajemen Risiko the Adequacy of the Risk Management
System
Berdasarkan implementasi dan pengawasan yang Based on the implementation and supervision in place
dilakukan dalam menjalankan proses bisnis Perseroan, in carrying out the Company's business processes, the
Dewan Komisaris dan Direksi menilai bahwa Perseroan Board of Commissioners and the Board of Directors
telah memiliki dan menerapkan Sistem Manajemen Risiko considered that the Company has established and
yang baik untuk mengelola risiko-risiko yang dihadapi implemented a good Risk Management System to
Perseroan sesuai dengan risk appetite dan toleransi manage the risks faced by the Company in accordance
risiko yang telah ditentukan. Penilaian ini antara lain with the risk appetite and risk tolerance that have been
didasarkan pada hasil monitoring risiko tahun 2023 set. This assessment, among others, was based on the
yang berjalan efektif dan mampu menurunkan level risiko results of risk monitoring in 2023, which was effective
sesuai toleransi manajemen, serta Risk Residual Exposure and able to reduce risk levels according to management
yang berada di bawah Batas Toleransi Risiko Perseroan. tolerance, as well as Residual Risk Exposure, which was
below the Company's Risk Tolerance Threshold.
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Tata Kelola Perusahaan
Good Corporate Governance
Struktur Organisasi Fungsi Manajemen Organizational Structure of Risk
Risiko Management Function
Fungsi Manajemen Risiko dijalankan oleh Fungsi Risk The Risk Management Function is carried out by the Risk
Management yang ditetapkan berdasarkan Surat Management Function established based on Decree
Keputusan No. Kpts.P-084/PGE000/2022-S0. Number: Kpts.P-084/PGE000/2022-S0.
Enterprise Risk Management
Sentot Yulianugroho
Manager Enterprise
Risk Management
Enterprise Risk Management Insurance & ICoFR
Herlina Kusumaningrum Cut Almira Vania Valeska
Senior Analyst II Enterprise Risk Senior Analyst II Insurance &
Management ICoFR
Enterprise Risk Management
M. Rizaly Gani
Senior Analyst I Enterprise Risk
Management
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Tata Kelola Perusahaan
Good Corporate Governance
Komposisi Anggota Risk Management
Composition of Risk Management Function Members
Nama Jabatan Keahlian Pendidikan Sertifikasi
Name Position Expertise Educational Background Sertification
Sentot Yulianugroho Manager Enterprise Risk 1. Enterprise Risk Sarjana Hukum
Management Management – Universitas Sebelas
Maret
Manager of Enterprise Risk 2. Geothermal Engineering
Management Magister Manajemen
3. Project Management – Universitas Gadjah
Mada
4. Corporate Legal &
Contract
5. Geothermal Economic Bachelor of Laws
Evaluation – University of Sebelas
Maret
6. Portfolio Management &
Evaluation Master of Management
– University of Gadjah
7. Budgeting & Evaluation Mada
8. CSR
9. Humas | Public Relations
10. Financing
11. BCMS
Herlina Kusumaningrum Senior Analyst II Enterprise 1. Enterprise Risk Sarjana Teknik Kimia 1. Enterprise Risk
Risk Management Management – Universitas Islam Management
Indonesia Associate
Enterprise Risk Management 2. Geothermal Engineering Professional
Senior Analyst II (ERMAP)
3. Geothermal Economic 2. GIMS Auditor
Evaluation Bachelor of Chemical 3. BCMS Auditor
Engineering– Islamic
4. Portfolio Management & University of Indonesia
Evaluation
5. Budgeting & Evaluation
6. Project Management
7. Auditor GIMS|
GIMS Auditor
8. BCMS
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Tata Kelola Perusahaan
Good Corporate Governance
M. Rizaly Gani Senior Analyst I Enterprise 1. Enterprise Risk Sarjana Teknik Mesin – 1. HAZOPS
Risk Management Management Universitas Indonesia 2. Risk Based Inspection
(RBI) Engineer
Enterprise Risk Management 2. Geothermal Engineering Bachelor of Mechanical
Senior Analyst I Engineering – University 3. Risk Based Inspection
3. Hazard Operability
of Indonesia (RBI) Auditor
(HazOp) Study
1. Engineer
4. Risk Based Inspection
2. Assistant Auditor
(RBI)
4. SUPREME Auditor |
5. Auditor SUPREME | SUPREME Auditor
SUPREME Auditor 5. GIMS Auditor
6. Auditor GIMS | 6. Qualified Risk
GIMS Auditor Management Analyst
(QRMA)
7. Geothermal
7. BCMS Auditor
Economic Evaluation
8. Portfolio Management &
Evaluation
9. Budgeting & Evaluation
10. Project Management
11. BCMS
Cut Almira Vania Valeska Senior Analyst II Insurance 1. Enterprise Risk Sarjana Akuntansi – 1. Certified Professional
& ICoFR Management Universitas Airlangga Management
Accounting
Insurance & ICoFR Senior 2. Geothermal Engineering Bachelor of
2. Qualified Risk
Analyst II Accountancy –
3. Geothermal Economic Management
Airlangga University
Evaluation Analyst (QRMA)
4. Portfolio Management &
Evaluation
5. Budgeting & Evaluation
6. Insurance Management
7. ICoFR Management
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Tata Kelola Perusahaan
Good Corporate Governance
Tugas dan Tanggung Jawab Duties and Responsibilities of
Fungsi Risk Management Risk Management Function
Tugas dan tanggung jawab Fungsi Risk Duties and Responsibilities of Risk Management Function
Management diuraikan sebagai berikut: are as follow:
• Memastikan proses penerapan risk attitude, risk • Ensure the process of implementing the
appetite, dan risk tolerance Perseroan yang mengacu Company’s risk attitude, risk appetite, and
pada risk attitude, risk appetite, dan risk tolerance risk tolerance which refers to the Company’s
dari Perseroan. risk attitude, risk appetite, and risk tolerance.
• Melaksanakan kebijakan Manajemen Risiko • Implement the Risk Management policies established
yang telah ditetapkan oleh Fungsi Enterprise Risk by the Company's Enterprise Risk Management Function
Management Perseroan.
• Memastikan terlaksananya proses Manajemen Risiko • Ensure the implementation of Risk Management
pada setiap proses ongoing Business di Perseroan, processes in every ongoing business process
berdasarkan prinsip efisiensi dan efektivitas biaya, within the Company, based on the principles of
pencegahan timbulnya persepsi negatif terhadap cost efficiency and effectiveness, prevention of
citra Perseroan, dan minimalisasi potensi risiko negative perceptions towards the Company's
lainnya, serta maksimalisasi keuntungan Perseroan. image, minimization of other potential risks, and
maximization of Company profits.
• Melakukan evaluasi serta memberikan rekomendasi • Conduct evaluations and provide recommendations
atas usulan aktivitas investasi Perseroan kepada on the Company's proposed investment activities to
pengambil keputusan dengan tahapan sebagai decision-makers, under these following stages:
berikut:
- Menjadi narasumber (advisor) - Act as an advisor for conducting risk assessments
pelaksanaan risk assessment atas usulan on investment proposed investment activities by
aktivitas investasi oleh fungsi pengusul. the proposing function.
- Melakukan penelaahan (review) atas - Conduct a review of the risk assessment results
hasil risk assessment yang telah dilakukan that have been carried out by the Proposing
oleh Fungsi Pengusul tersebut. Penelaahan Function. Review and risk assessment are mainly
dan pengukuran risiko terutama dilakukan carried out on the feasibility of investment
terhadap kelayakan usulan investasi dan proposals and the possibility of occurrences that
kemungkinan terjadinya hal-hal yang may have a negative impact on the Company.
memiliki dampak negatif terhadap Perseroan.
- Melakukan monitoring dan review risiko - Conduct regular monitoring and review
secara berkala atas pelaksanaan proyek of risks in project implementation in
bekerja sama dengan fungsi terkait. collaboration with related functions.
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Tata Kelola Perusahaan
Good Corporate Governance
• Menyampaikan laporan secara berkala kepada • Submit regular reports to the Risk Management
Komite Manajemen Risiko, Subholding, Holding, Committee, Subholding, Holding, and the Board
serta Dewan Komisaris, yang antara lain berisi of Commissioners, which among others contain the
penyajian profil risiko di Perseroan. presentation of the risk profile in the Company.
• Memantau posisi risiko portofolio bisnis di Perseroan • Monitor the risk position of the business portfolio in
dan melakukan evaluasi atas model yang dibuat the Company and evaluate the models created to
untuk mengetahui dampaknya terhadap Perseroan. determine the impact on the Company.
• Memastikan pengukuran risiko menggunakan • Ensure risk measurement is conducted using methods
metode yang sesuai dengan kebijakan that are in accordance with the Company’s Enterprise
Fungsi ERM Perseroan dan data yang valid. Risk Management (ERM) Function policies and valid
data.
• Memantau pelaksanaan Penanganan Risiko • Monitor the implementation of Risk Handling
yang dilakukan oleh risk owner di Perseroan. carried out by the risk owner in the Company.
• Memelihara data dan informasi mengenai • Maintain data and information regarding risk
risk register dan loss event yang terjadi registers and loss events occurring within the
di Perseroan sesuai kondisi terkini dan Company according to the latest conditions, and
memasukkannya ke dalam sistem informasi ERM. input them into the Enterprise Risk Management
information system.
• Menyediakan data dan informasi yang berkaitan • Provide data and information related to functions
dengan fungsi di Perseroan yang diperlukan in the Company as required by the Enterprise Risk
oleh Fungsi Enterprise Risk Management, Fungsi Management Function, the Sub Holding Power &
Enterprise Risk Management Sub Holding Power & NRE Enterprise Risk Management Function, as well
NRE, maupun Enterprise Risk Management Holding as Enterprise Risk Management Holding (Pertamina).
(Pertamina).
• Menyusun sistem tata kerja manajemen risiko sesuai • Develop a risk management workflow system
dengan lingkup Perseroan untuk ditetapkan oleh according to the scope of the Company for approval
Direksi. by the Board of Directors.
• Membangun budaya sadar risiko dalam setiap • Build a risk-aware culture within every function
aktivitas fungsi di Perseroan. activity in the Company.
• Secara berkala melakukan koordinasi, sosialisasi, • Periodically coordinate, disseminate, and provide
serta pembekalan kebijakan ERM untuk risk owner ERM policies guidance to risk owners within the
di lingkungan Perseroan. Company.
• Mengusulkan dan merekomendasikan kepada • Propose and recommend to the Board of Directors
Direksi agar keputusan bisnis dilakukan sesuai that business decisions be made in accordance
dengan kebijakan dengan mempertimbangkan with the policies by taking into account the ERM
prinsip ERM. principles.
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Tata Kelola Perusahaan
Good Corporate Governance
• Memasukkan ERM sebagai bagian dari agenda • Incorporate ERM as part of the agenda in meetings
dalam meeting yang dilakukan oleh Direksi (BOD). conducted by the Board of Directors (BOD).
• Mengembangkan kompetensi sumber daya manusia • Develop human capital competencies related to risk
yang terkait dengan manajemen risiko di Perseroan. management in the Company.
• Memberikan dukungan teknis dan administrasi atas • Provide technical and administrative supports for
pelaksanaan tugas dan tanggung jawab Manajemen the execution of tasks and responsibilities of Top
Puncak dalam implementasi dan sertifikasi BCMS Management in the implementation and certification
Perseroan (identifikasi dan penanganan risiko, of the Company's Business Continuity Management
pengendalian dokumen, pengendalian rekaman/ System (BCMS) including the identification and
arsip, tinjauan manajemen, audit internal, tindakan handling of risks, document control, record/
perbaikan dan pencegahan, komunikasi dan lain-lain). archive control, management review, internal audit,
corrective and preventive actions, communication,
and others.
• Melakukan koordinasi pemenuhan persyaratan • Coordinate the fulfillment of the Company's BCMS
BCMS Perseroan (penetapan isu internal dan requirements (determination of internal and external
eksternal, identifikasi pemangku kepentingan dan issues, identification of stakeholders and their
harapannya, penetapan sasaran BCMS, penilaian expectations, establishment of BCMS objectives, risk
risiko, dan lain-lain). assessment, and others).
• Melakukan koordinasi perencanaan, penerapan, • Coordinate the planning, implementation, review,
peninjauan, dan pengendalian proses yang and control of processes necessary to meet BCMS
diperlukan untuk memenuhi persyaratan BCMS dan requirements and to establish actions to address
untuk menetapkan tindakan guna mengatasi risiko risks that hinder the Company's business continuity.
hambatan keberlangsungan usaha Perseroan.
• Sebagai Fungsi Pengelola ICoFR (Control Group) • Exercise managing function of the ICoFR (Control
yang bertanggung jawab mendampingi, mengawasi Group), that is responsible for accompanying,
dan memberikan masukan kepada CO dalam tahap overseeing, and providing input to the Chief Officer
perancangan, implementasi, dan memastikan (CO) during the design and implementation stages,
kecukupan rancangan ICoFR, serta melakukan ensuring the adequacy of ICoFR design, maintaining
pemeliharaan terhadap BPM dan RCM dan BPM and RCM, and drawing up reports on the
membuat laporan kecukupan rancangan ICoFR. sufficiency of ICoFR design.
• Mengkoordinasikan tahap persiapan, pelaksanaan, • Coordinate the preparation, implementation, and
dan penyelesaian proses penutupan asuransi, serta completion stages of the insurance closing process,
penanganan klaim asuransi. as well as insurance claims handling.
• Sebagai fungsi pendukung untuk berkoordinasi • Act as a supporting function to coordinate with the
dengan Insurance Center Holding dalam bertindak Insurance Center Holding to serve as an in-house
sebagai in-house insurance consultant bilamana insurance consultant when necessary regarding the
diperlukan sehubungan dengan kebutuhan insurance needs of the Pertamina Group, as well
asuransi Pertamina Group, maupun kebutuhan risk as risk management improvement needs related to
management improvement terkait peningkatan risk enhancing the Company's risk profile for insurance
profile Perseroan untuk keperluan liputan asuransi. coverage purposes. However, the final decision
Namun keputusan akhir sehubungan dengan regarding risk mitigation actions through insurance
tindakan mitigasi risiko melalui asuransi berada di rests with the insured-asset holder/insured-risk owner.
tangan insured-asset holder/insured-risk owner.
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Tata Kelola Perusahaan
Good Corporate Governance
Profil Kepala Fungsi Risk Management
Profile of the Head of Risk Management Function
SENTOT YULIANUGROHO
Manager of Enterprise Risk Management
Kewarganegaraan: Warga Negara Indonesia
Nationality : Indonesian Citizen
Usia: 46 tahun
Age : 46 years old
Domisili: Tangerang Selatan, Banten
Domicile : Tangerang Selatan, Banten
Dasar Hukum Penunjukan: SKMJ-00373/PGE900/2023-S8 tertanggal 03 Maret 2023
Legal Basis for Appointment : SKMJ-00373/PGE900/2023-S8 dated March 3, 2023
Periode Menjabat: Maret 2023 – sekarang
Term of Office: March, 2023 – present
• Sarjana Hukum Universitas Sebelas Maret (1999)
Latar Belakang Pendidikan: • Magister Management Universitas Gadjah Mada (2003)
Educational Background: • Bachelor of Laws – University of Sebelas Maret (1999)
• Master of Management – University of Gadjah Mada (2003)
• Ahli Hukum PGE (2008-2012)
• Junior Counsel Business Development PGE (2012-2013)
• Senior Legal Counsel Business Development PGE(2013-2017)
• Manager Government & Public Relation PGE (2017-2023)
Pengalaman Kerja:
• PGE Legal Expert (2008-2012)
Work Experience
• PGE Business Development Junior Counsel (2012-2013)
• PGE Business Development Senior Legal Counsel (2013-2017)
• PGE Government & Public Relation Manager (2017-2023)
Rangkap Jabatan: Tidak memiliki rangkap jabatan di Perseroan maupun lembaga lain
Concurrent Positions: Holding no concurrent positions within the Company or other institutions.
Tidak memiliki hubungan afiliasi dengan anggota Dewan Komisaris, Direksi dan Pemegang Saham
Hubungan Afiliasi: Pengendali
Affiliation Relations: Having no affiliations with members of the Board of Commissioners, the Board of Directors, and Controlling
Shareholders.
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Tata Kelola Perusahaan
Good Corporate Governance
Pengembangan Kompetensi Fungsi Competency Development of the Risk
Risk Management Management Function
Sepanjang 2023, Fungsi Risk Management Throughout 2023, the Risk Management function
melaksanakan pengembangan kompetensi di bidang carried out competency development in the field of risk
manajemen risiko antara lain: management, including:
Pengembangan Kompetensi Bidang Manajemen Risiko
Competency Development of the Risk Management Division
Pendidikan/Pelatihan/Seminar Penyelenggara Waktu & Tempat
Nama
Education/ Training/ Seminar Organizer Date & Location
Name
Sentot Yulianugroho Workshop Enterprise Risk Management PGE 17-21 Maret |
Enterprise Risk Management Workshop March 2023
Kick Off Implementasi, Sertifikasi, Surveillance PT Pertamina (Persero) 3 April 2023
Audit dan Pengelolaan ISO 22301:2019 BCMS
di Holding &
Subholding (Pertamina Group)
Kickoff Event for the Implementation, Certification,
Surveillance Audit, and Management of ISO
22301:2019 BCMS in Holding & Subholding
(Pertamina Group)
Gap Analysis: Mapping, Analisa dan Klarifikasi PT Pertamina (Persero) 18 April 2023
Kebutuhan Dokumen/Data BCMS ISO
22301:2019
Gap Analysis: Mapping, Analysis, and
Clarification of Document/Data Requirements for
ISO 22301:2019 BCMS
Awareness ISO 22301:2019 BCMS - Sesi II PT Pertamina (Persero) 8 Mei | May 2023
Awareness on ISO 22301:2019 BCMS - Session II
Kick Off Penyusunan Risk Register 2024 Lingkup SH PNRE 31 Mei | May 2023
Subholding
Kickoff Event for the Preparation of Risk Register
2024 within the Scope of Subholding
Sosialisasi Penyusunan Risk Register Tahun 2024 PGE 6 Juni | June 2023
Dissemination of 2024 Risk Register
Preparation
Pelatihan Awareness ISO 22301:2019 Business PT Pertamina (Persero) 12 Juni | June 2023
Continuity Management System (BCMS) – Sesi
III
Awareness Training on ISO 22301:2019 Business
Continuity Management System (BCMS) –
Session III
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Tata Kelola Perusahaan
Good Corporate Governance
Market update polis package Pertamina Group PT Pertamina (Persero) 13 Juni |June 2023
Market Update on Pertamina Group’s
Insurance Package Policy
Risk Management Forum (RMF) : PT Pertamina (Persero) 13 Juni | June 2023
Risk Management Practice For Entering
New International Market (PIS)
Workshop Risk Management & Investor Relation PGE 3-5 Juli | July 2023
Workshop on Risk Management & Investor
Relation
Rekonsiliasi Valuasi Assets untuk Renewal PGE 12-14 Juli | July 2023
Asuransi Property 2023-2024
Reconciliation of Asset Valuation for
Property Insurance Renewal 2023-2024
Konsinyering Tindak Lanjut OFI-AFI Hasil Audit PGE 14-16 Agustus | August 2023
Internal dan Persiapan Audit Eksternal untuk
Sertifikasi BCMS ISO 22301:2019
Meeting on the Follow-up Actions for OFI-AFI
from the Internal Audit Result and Preparation
for the External Audit for ISO 22301:2019 BCMS
Certification
Risk Management Forum Pertamina Across The PT Pertamina (Persero) 15 Agustus | August 2023
Group - Navigating Risks in the LNG Industry
“Strategies for Success”
Risk Management Forum Pertamina Across the
Group - Navigating Risks in the LNG Industry:
“Strategies for Success”
Risk Management Forum (RMF) Pertamina Across PT Pertamina (Persero) 30 November 2023
The Group “Physical Climate Risk”
PNRE Risk Culture Integration #2 dengan tema SH PNRE 30 November 2023
“Building a Foundation with Strong Risk Appetite
Development and Effective Risk Management”
PNRE Risk Culture Integration #2 adopting
the theme “Building a Foundation with Strong
Risk Appetite Development and Effective Risk
Management”
Risk Management Forum (RMF) Pertamina Across PT Pertamina (Persero) 18 Desember
The Group dengan tema “Corporate Cyber |December 2023
Security Risk”
Risk Management Forum (RMF) Pertamina Across
the Group adopting the theme “Corporate Cyber
Security Risk”
Risk Management Forum (RMF) Pertamina Across PT Pertamina (Persero) 19 Desember
The Group dengan tema “Project Risk in Oil & |December 2023
Gas Industry - Audit & Financing Perspective”
Risk Management Forum (RMF)
Pertamina Across the Group adopting
the theme “Project Risk in Oil & Gas Industry -
Audit & Financing Perspective”
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Tata Kelola Perusahaan
Good Corporate Governance
Herlina Kusumaningrum Workshop Risk Management & Investor Risk PT Pertamina (Persero) 26 Januari
Management Forum (RMF) | January 2023
Pertamina Across The Group: Pengelolaan Risiko Dalam
Penerapan Environment, Social and Governance (ESG) -
Governance Risk Management Compliance Sustainability
Risk Management Forum (RMF) Pertamina Across
the Group: Managing Risks in the Implementation
of Environment, Social, and Governance (ESG) -
Governance Risk
Management Compliance Sustainability
Risk Management Forum (RMF): Manajemen Risiko PT Pertamina (Persero) 14 Februari
Operasional Produk Digital (C&T) | February 2023
Risk Management Forum (RMF):
Operational Risk Management for Digital Products (C&T)
Workshop Enterprise Risk Management PGE 17-21 Maret
Enterprise Risk Management Workshop | March 2023
Kick Off Implementasi, Sertifikasi, Surveillance Audit dan PT Pertamina (Persero) 3 April 2023
Pengelolaan ISO22301:2019 BCMS di Holding &
Subholding (Pertamina Group)
Kickoff Event for the Implementation,
Certification, Surveillance Audit, and Management of ISO
22301:2019 BCMS in Holding & Subholding (Pertamina
Group)
Gap Analysis: Mapping, Analisa dan PT Pertamina (Persero) 18 April 2023
klarifikasi Kebutuhan Dokumen/Data BCMS ISO
22301:2019
Gap Analysis: Mapping, Analysis, and
Clarification of Document/Data
Requirements for ISO 22301:2019 BCMS
Awareness ISO 22301:2019 BCMS - Sesi II PT Pertamina (Persero) 8 Mei | May 2023
Awareness on ISO 22301:2019 BCMS -
Session II
Kick Off Penyusunan Risk Register 2024 Lingkup Sub- SH PNRE 31 Mei | May 2023
holding
Kickoff Event for the Preparation of Risk Register 2024
within the Scope of Subholding
Sosialisasi Penyusunan Risk Register Tahun 2024 PGE 6 Juni | June 2023
Dissemination of 2024 Risk Register
Preparation
Pelatihan Awareness ISO 22301:2019 PT Pertamina (Persero) 12 Juni | June 2023
Business Continuity Management System (BCMS) – Sesi
III
Awareness Training on ISO 22301:2019 Business Conti-
nuity Management System (BCMS) – Session III
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Tata Kelola Perusahaan
Good Corporate Governance
Market update polis package Pertamina Group PT Pertamina (Persero) 13 Juni | June 2023
Market Update on Pertamina Group’s
Insurance Package Policy
Risk Management Forum (RMF): PT Pertamina (Persero) 13 Juni | June 2023
Risk Management Practice For Entering
New International Market (PIS)
Workshop Risk Management & Investor Relation PGE 3-5 Juli | July 2023
Workshop on Risk Management & Investor
Relation
Konsinyering Tindak Lanjut OFI-AFI Hasil Audit PGE 14-16 Agustus | August 2023
Internal dan Persiapan Audit Eksternal untuk
Sertifikasi BCMS ISO 22301:2019
Meeting on the Follow-up Actions for OFI-AFI
from the Internal Audit Result and Preparation
for the External Audit for ISO 22301:2019 BCMS
Certification
Risk Management Forum Pertamina Across The PT Pertamina (Persero) 15 Agustus | August 2023
Group - Navigating Risks in the LNG Industry
“Strategies for Success”
Risk Management Forum Pertamina Across the
Group - Navigating Risks in the LNG Industry:
“Strategies for Success”
Risk Management Forum (RMF) Pertamina Across PT Pertamina (Persero) 30 November 2023
The Group “Physical Climate Risk”
PNRE Risk Culture Integration #2 dengan tema SH PNRE 30 November 20233
“Building a Foundation with Strong Risk Appetite
Development and Effective Risk Management”
PNRE Risk Culture Integration #2 adopting the
theme “Building a Foundation with Strong Risk
Appetite Development and Effective Risk Manage-
ment”
Risk Management Forum (RMF) Pertamina Across PT Pertamina (Persero) 18 Desember
The Group dengan tema “Corporate Cyber |December 2023
Security Risk”
Risk Management Forum (RMF) Pertamina Across
the Group adopting the theme “Corporate Cyber
Security Risk”
Risk Management Forum (RMF) Pertamina Across PT Pertamina (Persero) 19 Desember
The Group dengan tema “Project Risk in Oil & |December 2023
Gas Industry - Audit & Financing Perspective”
Risk Management Forum (RMF)
Pertamina Across the Group adopting
the theme “Project Risk in Oil & Gas Industry -
Audit & Financing Perspective”
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Tata Kelola Perusahaan
Good Corporate Governance
M. Rizaly Gani Risk Management Forum (RMF) Pertamina Across PT Pertamina (Persero) 26 Januari
The Group: Pengelolaan Risiko Dalam Penerapan | January 2023
Environment, Social and Governance (ESG) -
Governance Risk
Management Compliance Sustainability
Risk Management Forum (RMF) Pertamina Across
the Group: Managing Risks in the Implementation
of Environment, Social, and Governance (ESG) -
Governance Risk
Management Compliance Sustainability
Risk Management Forum (RMF): Manajemen PT Pertamina (Persero) 14 Februari
Risiko Operasional Produk Digital (C&T) | February 2023
Risk Management Forum (RMF):
Operational Risk Management for Digital Products
(C&T)
Workshop Enterprise Risk Management PGE 17-21 Maret
| March 2023
Workshop on Enterprise Risk Management
Kick Off Implementasi, Sertifikasi, Surveillance PT Pertamina (Persero) 3 April 2023
Audit dan Pengelolaan ISO22301:2019 BCMS
di Holding &
Subholding (Pertamina Group)
Kickoff Event for the Implementation,
Certification, Surveillance Audit, and Management
of ISO 22301:2019 BCMS in Holding & Subhold-
ing (Pertamina Group)
Gap Analysis: Mapping, Analisa dan PT Pertamina (Persero) 18 April 2023
klarifikasi Kebutuhan Dokumen/Data BCMS ISO
22301:2019
Gap Analysis: Mapping, Analysis, and
Clarification of Document/Data
Requirements for ISO 22301:2019 BCMS
Awareness ISO 22301:2019 BCMS - Sesi II PT Pertamina (Persero) 8 Mei | May 2023
Awareness on ISO 22301:2019 BCMS -
Session II
Kick Off Penyusunan Risk Register 2024 Lingkup SH PNRE 31 Mei | May 2023
Subholding
Kickoff Event for the Preparation of Risk
Register 2024 within the Scope
of Subholding
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Sosialisasi Penyusunan Risk Register Tahun 2024 PGE 6 Juni | June 2023
Dissemination of 2024 Risk Register
Preparation
Pelatihan Awareness ISO 22301:2019 PT Pertamina (Persero) 12 Juni | June 2023
Business Continuity Management System (BCMS)
– Sesi III
Awareness Training on ISO 22301:2019 Business
Continuity Management System (BCMS) – Session
III
Market update polis package Pertamina Group PT Pertamina (Persero) 13 Juni | June 2023
Market Update on Pertamina Group’s
Insurance Package Policy
Risk Management Forum (RMF): PT Pertamina (Persero) 13 Juni | June 2023
Risk Management Practice For Entering
New International Market (PIS)
Workshop Risk Management & Investor Relation PGE 3-5 Juli | July 2023
Workshop on Risk Management & Investor
Relation
Konsinyering Tindak Lanjut OFI-AFI Hasil Audit PGE 14-16 Agustus
Internal dan Persiapan Audit Eksternal untuk | August 2023
Sertifikasi BCMS ISO 22301:2019
Meeting on the Follow-up Actions for OFI-AFI
from the Internal Audit Result and Preparation
for the External Audit for ISO 22301:2019 BCMS
Certification
Risk Management Forum Pertamina Across The PT Pertamina (Persero) 15 Agustus
Group - Navigating Risks in the LNG Industry | August 2023
“Strategies for Success”
Risk Management Forum Pertamina Across the
Group - Navigating Risks in the LNG Industry:
“Strategies for Success”
Risk Management Forum (RMF) Pertamina Across PT Pertamina (Persero) 30 November 2023
The Group “Physical Climate Risk”
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Tata Kelola Perusahaan
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PNRE Risk Culture Integration #2 dengan tema SH PNRE 30 November 20233
“Building a Foundation with Strong Risk Appetite
Development and Effective Risk Management”
PNRE Risk Culture Integration #2 adopting the
theme “Building a Foundation with Strong Risk
Appetite Development and Effective Risk Man-
agement”
Risk Management Forum (RMF) Pertamina Across PT Pertamina (Persero) 18 Desember
The Group dengan tema “Corporate Cyber |December 2023
Security Risk”
Risk Management Forum (RMF) Pertamina Across
the Group adopting the theme
“Corporate Cyber Security Risk”
Risk Management Forum (RMF) Pertamina Across PT Pertamina (Persero) 19 Desember
The Group dengan tema “Project Risk in Oil & |December 2023
Gas Industry - Audit & Financing Perspective”
Risk Management Forum (RMF)
Pertamina Across the Group adopting
the theme “Project Risk in Oil & Gas Industry -
Audit & Financing Perspective”
Cut Almira Vania Workshop Financial Risk and Insurance Pertamina PT Pertamina (Persero) 26 – 27 Januari
Valeska Holding & Subholding | January 2023
Workshop on Financial Risk and Insurance Pertam-
ina Holding & Subholding
Risk Management Forum (RMF): Manajemen PT Pertamina (Persero) 14 Februari
Risiko Operasional Produk Digital (C&T) | February 2023
Risk Management Forum (RMF):
Operational Risk Management for Digital Prod-
ucts (C&T)
Workshop Enterprise Risk Management PGE 17-21 Maret
| March 2023
Workshop on Enterprise Risk Management
Kick Off Implementasi, Sertifikasi, Surveillance PT Pertamina (Persero) 3 April 2023
Audit dan Pengelolaan ISO22301:2019 BCMS
di Holding &
Subholding (Pertamina Group)
Kickoff Event for the Implementation,
Certification, Surveillance Audit, and Manage-
ment of ISO 22301:2019 BCMS in Holding &
Subholding (Pertamina Group)
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Gap Analysis: Mapping, Analisa dan PT Pertamina (Persero) 18 April 2023
klarifikasi Kebutuhan Dokumen/Data BCMS ISO
22301:2019
Gap Analysis: Mapping, Analysis, and
Clarification of Document/Data
Requirements for ISO 22301:2019 BCMS
Awareness ISO 22301:2019 BCMS - Sesi II PT Pertamina (Persero) 8 Mei | May 2023
Awareness on ISO 22301:2019 BCMS -
Session II
Kick Off Penyusunan Risk Register 2024 Lingkup SH PNRE 31 Mei | May 2023
Subholding
Kickoff Event for the Preparation of Risk
Register 2024 within the Scope
of Subholding
Sosialisasi Penyusunan Risk Register Tahun 2024 PGE 6 Juni | June 2023
Dissemination of 2024 Risk Register
Preparation
Pelatihan Awareness ISO 22301:2019 PT Pertamina (Persero) 12 Juni | June 2023
Business Continuity Management System (BCMS)
– Sesi III
Awareness Training on ISO 22301:2019 Business
Continuity Management System (BCMS) – Session
III
Market update polis package Pertamina Group PT Pertamina (Persero) 13 Juni | June 2023
Market Update on Pertamina Group’s
Insurance Package Policy
Risk Management Forum (RMF): PT Pertamina (Persero) 13 Juni | June 2023
Risk Management Practice For Entering
New International Market (PIS)
Workshop Risk Management & Investor Relation PGE 3-5 Juli | July 2023
Workshop on Risk Management & Investor
Relation
Sosialisasi Polis Pertamina Group dan PT Pertamina (Persero) 11-14 Juli | July 2023
Rekonsiliasi Valuasi Assets untuk Renewal Property
2023-2024
Dissemination of Pertamina Group’s Insurance
Package Policy and Reconciliation of Assets Valua-
tion for Renewal Property 2023-2024
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Tata Kelola Perusahaan
Good Corporate Governance
Qualified Risk Management Analyst PGE – LSP MKS 25-28 Juli | July 2023
Market update polis package Pertamina Group PT Pertamina (Persero) 13 Juni | June 2023
Market Update on Pertamina Group’s
Insurance Package Policy
Konsinyering Tindak Lanjut OFI-AFI Hasil Audit PGE 14-16 Agustus
Internal dan Persiapan Audit Eksternal untuk Serti- | August 2023
fikasi BCMS ISO 22301:2019
Meeting on the Follow-up Actions for OFI-AFI
from the Internal Audit Result and Preparation
for the External Audit for ISO 22301:2019 BCMS
Certification
Risk Management Forum Pertamina Across The PT Pertamina (Persero) 15 Agustus
Group - Navigating Risks in the LNG Industry | August 2023
“Strategies for Success”
Risk Management Forum Pertamina Across the
Group - Navigating Risks in the LNG Industry:
“Strategies for Success”
Risk Management Forum (RMF) Pertamina Across PT Pertamina (Persero) 30 November 2023
The Group “Physical Climate Risk”
PNRE Risk Culture Integration #2 dengan tema SH PNRE 30 November 20233
“Building a Foundation with Strong Risk Appetite
Development and Effective Risk Management”
PNRE Risk Culture Integration #2 adopting the
theme “Building a Foundation with Strong Risk
Appetite Development and Effective Risk Man-
agement”
Risk Management Forum (RMF) Pertamina Across PT Pertamina (Persero) 18 Desember
The Group dengan tema “Corporate Cyber |December 2023
Security Risk”
Risk Management Forum (RMF) Pertamina Across
the Group adopting the theme “Corporate Cyber
Security Risk”
Risk Management Forum (RMF) Pertamina Across PT Pertamina (Persero) 19 Desember
The Group dengan tema “Project Risk in Oil & |December 2023
Gas Industry - Audit & Financing Perspective”
Risk Management Forum (RMF)
Pertamina Across the Group adopting
the theme “Project Risk in Oil & Gas Industry -
Audit & Financing Perspective”
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Pelaksanaan Kegiatan Fungsi Risk Implementation of Risk Management
Management Tahun 2023 Function Activities in 2023
Fungsi Risk Management bertanggung jawab dalam Risk Management Function is responsible for carrying
melaksanakan kebijakan Enterprise Risk Management out Enterprise Risk Management policy established by PT
yang telah ditetapkan oleh PT Pertamina (Persero) Pertamina (Persero) as the Holding company, and ensuring
selaku Holding, dan memastikan terlaksananya proses the implementation of Enterprise Risk Management
Enterprise Risk Management atas setiap proses aktivitas processes for every ongoing business and business
ongoing business maupun business development di development activity within the Company, based on the
Perseroan, berdasarkan prinsip efisiensi dan efektivitas principles of cost efficiency and effectiveness, prevention
biaya, pencegahan timbulnya persepsi negatif terhadap of negative perceptions towards the Company’s image,
citra Perseroan dan meminimalkan risiko lainnya, serta minimizing other risks, and maximizing the Company’s
memaksimalkan keuntungan Perseroan. Kegiatan yang profits. The activities carried out by the Risk Management
telah dilakukan Fungsi Risk Management tahun 2023 Function in 2023 are as follows:
sebagai berikut:
Pelaksanaan Tugas Fungsi Risk Management tahun 2023
Implementation of Duties of the Risk Management Function in 2023
Kegiatan Waktu Keterangan
No
Activity Time Description
Cascading Batas Toleransi Risiko yang
Penetapan Batas Toleransi Risiko
telah ditetapkan oleh Holding dan
(BTR) Fungsi/Area/Proyek
Tahunan diteruskan oleh Sub-Holding kepada PGE.
Determination of Risk Tolerance
1 Annually Cascading Risk Tolerance Thresholds that have been set
Threshold (BTR) for Functions/
by the Holding and forwarded by the Sub Holding to
Areas/ Projects
PGE.
Risk Assessment dilakukan terhadap:
• Pengelolaan Risiko Korporasi, sehingga
didapatkan Top Risk PGE
• Pengelolaan Risiko Fungsi/Area/Proyek
Tahunan
2 Risk Assessment Risk Assessment is carried out on:
Annually
• PGE Corporate Risk Management, so as to obtain
PGE’s Top Risk
• Risk Management of Function/Area/Project
Risk Assessment terhadap Pengelolaan Risiko Usulan
Tahunan/ Proyek Investasi
Tentative
Annually/Tentatively Risk Assessment on Risk Management of Proposed
Investment Project
• Top Risk PGE.
• Proyek Prioritas (Proyek Lumut Balai Unit 1 dan 2)
Monitoring Risiko Bulanan
3 Risk Monitoring Monthly
• PGE’s Top Risk.
• Priority Projects (Lumut Balai Projects Unit 1 and 2)
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Tata Kelola Perusahaan
Good Corporate Governance
• Korporasi/ Top Risk PGE.
• Fungsi
• Area
Triwulanan • Proyek
Quarterly • PGE’s Top Risk/ Corporation
• Function
• Area
• Project
• Sosialisasi implementasi manajemen risiko
• Sosialisasi penyusunan Risk Register tahun 2024
• Workshop Enterprise Risk Management
• Workshop Risk Management & Investor Relation
• Workshop BCMS
• Workshop Asuransi
• Sertifikasi ICoFR
Sosialisasi Manajemen Risiko
4 Dissemination of Risk Management Semester
• Dissemination of risk management implementation
• Dissemination of the 2024 Risk Register Preparation
• Workshop on Enterprise Risk Management
• Workshop on Risk Management & Investor Relation
• BCMS Workshop
• Insurance Workshop
• ICoFR Certification
Telah dilakukan peningkatan dan optimasi risk
Peningkatan Dan Optimasi Risk culture melalui awareness risk management untuk level
Culture Perseroan management dan upskilling/sertifikasi pekerja
Tentative
5 Improvement and Optimization of Improvement and optimization of risk culture have been
Tentatively
the Company’s Risk Culture carried out through risk awareness management for the
management level and employee upskilling/ certification
Penyampaian laporan monitoring Top Risk PGE dan
Proyek Prioritas (Proyek Lumut Balai Unit 1 dan 2)
Pelaporan Manajemen Risiko
Bulanan kepada Sub Holding Power & NRE dan PT Pertamina (Persero)
Risk Management Reporting
6 Monthly Submission of PGE’s Top Risk monitoring/Priority
Projects (Lumut Balai Project Unit 1 and 2) reports to the Sub
Holding of Power & NRE, and PT Pertamina (Persero)
Penyampaian laporan monitoring risiko korporasi/ Top Risk
PGE kepada Komite Manajemen Risiko, Dewan Komisaris
PGE, Sub Holding Power & NRE, dan PT Pertamina (Persero)
Triwulanan
Submission of PGE’s corporate risk monitoring/ Top Risk
Quarterly
reports to the Risk Management Committee, PGE Board
of Commissioners, Sub Holding of Power & NRE, and PT
Pertamina (Persero)
Melakukan review/ penyusunan Kebijakan dan STK
Manajemen Risiko meliputi:
• Traktat dan Komitmen Manajemen Risiko, Juli 2023
• Komitmen Manajemen Kelangsungan Bisnis, Juli
2023
Review/Penyusunan Kebijakan
• Pengelolaan Manajemen Kelangsungan Bisnis tertu-
dan Sistem Tata Kerja (STK) Tentative
ang dalam Pedoman Geothermal Integrated Man-
7 Review/ Preparation of Work Tentatively
agement System (GIMS), Juli 2023
Procedure System (STK)
• Pedoman Pengelolaan Risiko Perusahaan (Enterprise
Risk Management) No.A-001/PGE310/2023-S9
Revisi 00 tanggal 24 Agustus 2023
• TKI Pelaksanaan Evaluasi Kecukupan Rancan-
gan Transaction Level Control (TLC) No. C-002/
PGE313/2023-S9 Rev.0 tmt 29 Desember 2023
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Conduct review/ preparation of the Work Procedure Sys-
tem (STK) of Risk Management including:
• Treaties and Risk Management Commitments,
July 2023
• Business Continuity Management Commitments,
July 2023
• The Administration of Business Continuity
Management is outlined in the Geothermal
Integrated Management System (GIMS)
Guidelines, July 2023.
• Enterprise Risk Management Guidance
No.A-001/PGE310/2023-S9 Revision 00 dated 24
August 2023
• Individual Work Procedures (TKI) for
Implementation of the Evaluation of Adequacy for
Transaction Level Control (TLC) Design No. C-002/
PGE313/2023-S9 Rev.0 effective 29 December
2023.
Dalam rangka implementasi dan sertifikasi Sistem
Manajemen Kelangsungan Bisnis (SMKB), telah
dilakukan serangkaian kegiatan sebagai berikut:
• Challenge session dan pengesahan dokumen
SMKB.
• Audit internal SMKB
• Konsinyering tindak lanjut OFI-AFI hasil audit
internal dan persiapan audit eksternal untuk
sertifikasi SMKB ISO 22301:2019.
• Rapat Tinjauan Manajemen SMKB
• Audit eksternal stage 1 sertifikasi SMKB ISO
22301:2019
• Audit eksternal stage 2 sertifikasi SMKB ISO
22301:2019
• Sertifikat SMKB ISO 22301:2019
Sistem Manajemen Kelangsungan
diperoleh pada tanggal 14 November 2023.
Bisnis (SMKB)
Triwulanan
Business Continuity Management
8 Quarterly In implementing and certifying the Business Continuity
System (BCMS)
Management System (BCMS), a series of activities have
been conducted as follows:
• Challenge session and approval of BCMS
documents
• Internal BCMS audit
• Meeting to address the follow-up actions for
OFI-AFI from the internal audit result and prepa-
ration for the external audit for ISO 22301:2019
BCMS certification
• BCMS Management Review Meeting
• External audit stage 1 for ISO 22301:2019
BCMS certification
• External audit stage 2 for ISO 22301:2019
BCMS certification
• ISO 22301:2019 BCMS certificate obtained
on 14 November 2023.
Renewal Asuransi Directors & Officers Liability,
Tahunan asuransi property dan Terrorism & Sabotage,
Annually Public Liability
9 Insurance Renewal of Directors & Officers Liability Insurance,
property insurance, Terrorism & Sabotage, and Public
Liability Insurance.
Triwulanan Sertifikasi ICoFR
10 ICoFR Quarterly ICoFR Certification
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Tata Kelola Perusahaan
Good Corporate Governance
keamanan siber
cyber security
Perkembangan bisnis dan operasional Perseroan menuntut The Company’s business and operational developments
pengembangan dan pemanfaatan Teknologi Informasi demand greater development and utilization of
(TI) yang semakin besar. Hal itu membuat Perseroan juga Information Technology (IT). This makes the Company
semakin rentan terhadap serangan siber yang dapat increasingly vulnerable to cyberattacks that can pose
membawa risiko hilangnya data Perusahaan, gangguan risks such as loss of Company data, operational system
sistem operasional, hingga ancaman kerusakan reputasi disruptions, and threats to the Company’s reputation.
Perseroan.
Strategi Keamanan Siber Cybersecurity Strategy
Perseroan telah melakukan implementasi teknologi- The Company has implemented technologies to
teknologi untuk mendukung keamanan siber, support cybersecurity, referring to the international
mengacu kepada panduan internasional NIST NIST Cyber Security Framework which has
Cyber Security Framework yang telah banyak been widely used by organizations worldwide.
digunakan oleh organisasi-organisasi di seluruh dunia.
Teknologi-teknologi yang kami terapkan bertujuan untuk The technologies we apply aim to protect the
melindungi data Perseroan dan juga data para pihak Company’s data and the data of parties using the
yang menggunakan sistem Perseroan seperti pekerja, Company’s systems such as employees, vendors,
vendor, dan mitra kerja Perseroan. Perlindungan data and partners of the Company. The protection of
para pihak yang menggunakan sistem Perseroan, sejalan data for parties using the Company’s systems is in
dengan Undang-undang Perlindungan Data Pribadi line with the Personal Data Protection Law Number
Nomor 27 Tahun 2022. 27 of 2022.
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Tata Kelola Perusahaan
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erlindungan Pro
P tec
t
io
n • Antivirus
De
• Next Generation Firewall
at
fic
• Multi Factor Authentication
nti
tek
• Backup & Restore System
i Ide
• SDWAN
si De
Identifikas
• Pedoman Keamanan • Penetration Testing
Informasi / Information
Security Code
tect
• Tools Monitoring Asset
• Sertifikasi ISO 27001:2022
• Penetration Testing
NIST
Cyber Security
• Backup & Restore System • Penetration Testing
Ta
• Penetration Testing • Table Top Drill
n
r
• Backup & Restore System
ve
g
o
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ec
R ap
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Pem
Penerapan Keamanan Siber Application of Cybersecurity
Sejak beberapa tahun terakhir Perseroan telah In recent years, the Company has implemented
menerapkan berbagai langkah peningkatan keamanan various steps to improve digital security, including:
digital antara lain:
1. Penerapan ISO 270001:2002, standar 1. Implementation of ISO 27001:2002, an
internasional dalam pengelolaan keamanan international standard in information security
informasi, keamanan siber dan perlindungan privasi. management, cybersecurity, and privacy protection.
2. Penggunaan teknologi Next Gen Firewall 2. Utilization of Next-Gen Firewall technology with
dengan Fortigate, sistem cerdas yang mampu Fortigate, an intelligent system capable of detecting
mendeteksi ancaman gangguan siber tingkat high-level cyber threats and monitoring sophisticated
tinggi serta memantau lalu lintas yang canggih traffic with the latest artificial intelligence.
dengan dilengkapi kecerdasan buatan terkini.
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Tata Kelola Perusahaan
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3. Implementasi SDWAN melalui perangkat Fortigate, 3. Implementation of SDWAN through Fortigate
menciptakan jaringan yang aman, efisien dan dapat devices, creating a secure, efficient, and customizable
disesuaikan. Hal ini membantu fungsi TI dalam network. This helps the IT function ensure network
memastikan keandalan jaringan dan mempercepat reliability and accelerate application performance.
kinerja aplikasi.
4. Antivirus Kaspersky untuk laptop Perseroan, yang 4. Deployment of Kaspersky antivirus for Company
terbukti efektif mendeteksi dan mengatasi ancaman laptops, which has proven effective in promptly
malware dengan cepat. detecting and addressing malware threats.
5. Enkripsi BitLocker di setiap perangkat laptop 5. BitLocker encryption on every laptop device, providing
yang memberikan lapisan keamanan tambahan, an additional layer of security and ensuring that
dan memastikan bahwa data yang disimpan di data stored on each device is effectively protected,
setiap perangkat dilindungi secara efektif, bahkan even if the device falls into the wrong hands.
jika perangkat itu jatuh ke tangan yang salah.
6. Implementation of Multi-Factor Authentication
6. Implementasi Multi-Factor Authentication (MFA)
(MFA) as the first line of defense, requiring
sebagai lapisan pertahanan pertama keamanan
users to pass more than one verification step
yang mengharuskan pengguna untuk melewati
before accessing the Company’s systems.
lebih dari satu langkah verifikasi sebelum dapat
mengakses sistem Perseroan.
7. Regular data backups to ensure the Company
7. Backup data secara rutin untuk memastikan
can swiftly recover data in the event of potentially
Perusahaan dapat memulihkan data dengan cepat
damaging incidents.
jika terjadi kejadian yang berpotensi merugikan
Perusahaan.
Perseroan juga terus melakukan pelatihan dan sosialisasi The Company also continues to provide training and
kepada karyawan untuk meningkatkan kesadaran awareness sessions to employees to enhance their
akan keamanan digital. Secara berkala Perseroan juga understanding of digital security. Periodically, the
meningkatkan keamanan digital melalui peningkatan Company enhances digital security by improving
perlindungan terhadap sistem, data, jaringan dan protection for systems, data, networks, and applications
aplikasi-aplikasi yang digunakan di Perusahaan. used within the Company.
Semua penggunaan komunikasi elektronik di Perseroan All electronic communication usage within the Company
juga harus sesuai dengan kebijakan Perseroan tentang must also adhere to the Company’s Information and
keamanan sistem informasi dan komunikasi (ICT Security Communication Technology (ICT) Security Policy, and its
Policy), dan penggunaannya juga akan dipantau oleh usage will be monitored by the Company’s management.
manajemen Perseroan.
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Tata Kelola Perusahaan
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Struktur Tata Kelola Keamanan Siber Application of Cyber Security
Struktur tata kelola keamanan TI Perseroan berada The Company’s IT security governance structure is under
di bawah Management Representative Tim Implementasi the Management Representative of the Implementation
dan Sertifikasi Information Security Management System and Information Security Management System ISO
ISO 27001:2022 yaitu Vice President HC & Business 27001:2022 Certification Team, namely the Vice
Support. President HC & Business Support.
SUSUNAN TIM IMPLEMENTASI DAN SERTIFIKASI
INFORMATION SECURITY MANAGEMENT SYSTEM ISO 27001:2022
PT PERTAMINA GEOTHERMAL ENERGY Tbk
Steering Committee 1. Direktur Utama
2. Direktur Eksplorasi dan
Pengembangan
3. Direktur Operasi
4. Direktur Keuangan
Management Vacant 19020095 VP HC & Business Support Manager IT
Representative : Toni Agusman
Wakil MR
Tim Sekretariat
Koordinator Budyi Permono 716131 Sr. Analyst II Cyber Security
Anggota 1. Syamsul Arifin 754340 Jr. Analyst IIT Plan. & Governance
2. Kusnanto 19020292 Analyst II Business Rel. & Change Mgmt
3. Dika Ukhti RA 755129 Jr. Analyst II Quality Mgmt
4. Juju Juhanah 19020169
5. Tias Umiyati 19020270
Tim Implementasi
1. Budyi Permono 716131 Sr. Analyst II Cyber Security
2. Ryan Norman Fadillah 19020184 Ast. Manager IT Operation
3. Pritta Edison 19020094 Ast. Manager IT Planning & Business Sol
4. Mahmuddin Noor Nasution 1902012 Jr. Analyst II Core Infrastructure
5. Rudi Nurhidayanto 19020143 Jr. Analyst II Solution Dev.
6. Agung Sianipar 19020355 Jr. Assistant II Solution Maint.
7. Adhitiya Nugraha 19020484 Jr. Analyst I Network & Comm.
8. Devin Ardi Dwiraharja 19020419 Jr. Assistant II End User Supp. Ops
9. Affandi Faiza 19020024 Sr. Analyst II Talent Mgmt. & Ppl. Dev
10. Yusnita Bastianie 19020092 Sr. Analyst II Talent Mgmt. & Ppl. Dev.
11. Warmin 750104 Sr. Analyst I Security
12. Indra Pratama 19020263 Analyst II Transport. & Fac. Mgmt.
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Tata Kelola Perusahaan
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Susunan Tim Implementasi dan Sertifikasi Information Security Management System
ISO 27001:2022
PT Pertamina Geothermal Energy Tbk
Structure of Implementation and Information Security Management System ISO 27001:2022
Certification Team
PT Pertamina Geothermal Energy Tbk
Steering Committee: 1. Direktur Utama
1. President Director
2. Direktur Eksplorasi dan Pengembangan
2. Director of Exploration & Development
3. Direktur Operasi
3. Director of Operations
4. Direktur Keuangan
4. Director of Finance
Management VP HC & Business Support
Representative : Vacant - HC & Business Support VP
Wakil MR:
Vice Manager Manager IT
Representative: Toni Agusman 19020095 IT Manager
Tim Sekretariat:
Secretariat Team:
Koordinator Sr. Analyst II Cyber Security
Coordinator Budyi Permono 716131 Cyber Security Sr. Analyst II
Anggota Jr. Analyst I IT Plan & Governance
Member 1. Syamsul Arifin 754340 IT Plan & Governance Jr. Analyst I
Analyst II Business Rel & Change
Mgmt
Business Rel & Change Mgmt
2. Kusnanto 19020292 Analyst II
Jr. Analyst II Quality Mgmt
3. Dika Ukhti RA 755129 Quality Mgmt Jr. Analyst II
Jr. Analyst I Quality Mgmt
4. Juju Juhanah 19020169 Quality Mgmt Jr. Analyst I
Jr. Analyst I Quality Mgmt
5. Tias Umiyati 19020270 Quality Mgmt Jr. Analyst I
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Tata Kelola Perusahaan
Good Corporate Governance
Tim Implementasi:
Implementation Team:
Sr. Analyst II Cyber Security
1. Budyi Permono
Cyber Security Sr. Analyst II
Ast. Manager IT Operation
2. Ryan Norman Fadillah
IT Operation Ast. Manager
Ast. Manager IT Planning & Business Sol
3. Pritta Edison
IT Planning & Business Sol Ast. Manager
Jr. Analyst II Core Infrastructure
4. Mahmuddin Noor Nasution - Core Infrastructure Jr. Analyst II
Jr. Analyst II Solution Dev
5. Rudi Nurhidayanto Solution Dev Jr. Analyst II
Jr. Assistant II Solution Mint
6. Agung Sianipar Solution Mint Jr. Assistant II
Jr. Analyst I Network & Comm
7. Adhitiya Nugraha Network & Comm Jr. Analyst I
Jr. Assistant II End User Supp. Ops
8. Devin Ardi Dwiraharja End User Supp. Ops Jr. Assistant II
Sr. Analyst II Talent Mgmt & Ppl. Dev
9. Affandi Faiza Talent Mgmt & Ppl. Dev Sr. Analyst II
Sr. Analyst II Talent Mgmt & Ppl. Dev
10. Yusnita Bastianie Talent Mgmt & Ppl. Dev Sr. Analyst II
Sr. Analyst I Security
11. Warmin Security Sr. Analyst I
Analyst II Transport & Fac. Mgmt
12. Indra Pratama Transport & Fac. Mgmt Analyst II
590 elevate Laporan Tahunan 2023 Annual Report
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Tata Kelola Perusahaan
Good Corporate Governance
Peningkatan Kesadaran Keamanan Improving Cyber Security Awareness
Siber
The IT team periodically conducts training and
Secara berkala tim TI menyelenggarakan pelatihan dan communication sessions on IT and cyber security to the
komunikasi tentang TI dan keamanan dunia maya bagi Company employees. In addition, the team also updates
seluruh karyawan Perseroan. Selain itu tim TI melakukan the IT security on a regular basis or at least once a
pembaruan keamanan TI secara rutin setidaknya setiap month based on the penetration test result.
bulan sekali seusai hasil penetration test.
Sosialisasi TI Keterangan
IT Dissemination Description
Clean desk & clean screen Broadcast (setiap bulan| monthly)
Larangan penggunaan software bajakan & ilegal Broadcast (setiap bulan| monthly)
Prohibition of the use of pirated and illegal software.
Sosialisasi penerapan Sistem Manajemen Webinar (satu kali dalam 1 tahun | once a year)
Keamanan Informasi ISO 27001:2022
Dissemination of the implementation of the ISO 27001:2022 Infor-
mation Security
Management System.
Pengamanan data pribadi pada ponsel Broadcast
Securing personal data on mobile phones.
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Tata Kelola Perusahaan
Good Corporate Governance
perkara hukum yang berdampak material
terhadap perseroan, entitas anak, dewan
komisaris, dan direksi tahun 2023
lawsuits that have material impact on the company, subsidiaries,
the board of commissioners, and board of directors in 2023
Selama tahun 2023 tidak terdapat perkara hukum During 2023, there were no lawsuits that have material
berdampak material terhadap Perseroan, entitas Anak, impact on the Company, subsidiaries, Board of
Dewan Komisaris dan Direksi Perseroan. Commissioners and Board of Directors.
Permasalahan Hukum yang sedang Legal Issues Currently Facing the
Dihadapi Dewan Komisaris dan Direksi Board of Commissioners and the
yang sedang Menjabat Tahun 2023 Board of Directors in Office in 2023
Selama tahun 2023 tidak terdapat permasalahan hukum During 2023, there were no legal issues faced by the
yang sedang dihadapi Dewan Komisaris dan Direksi serving Board of Commissioners and Board of Directors.
yang sedang menjabat.
Permasalahan Hukum yang sedang Legal Issues Currently Facing
Dihadapi Anak Perusahaan Tahun Subsidiaries in 2023
2023
Selama tahun 2023 tidak terdapat permasalahan hukum During 2023, there were no legal issues faced by the
yang sedang dihadapi Anak Perusahaan. Subsidiaries.
Sanksi Administrasi /Sanksi Lain Administrative Sanctions/Other
Sanctions
Selama tahun 2023 tidak terdapat sanksi administrasi During 2023, there were no administrative sanctions or
maupun sanksi lain yang diterima Perseroan. other sanctions received by the Company.
592 elevate Laporan Tahunan 2023 Annual Report
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Tata Kelola Perusahaan
Good Corporate Governance
kode etik
code of conduct
Kode Etik atau Code of Conduct (CoC) yang terdiri dari The code of conduct (CoC), consisting of Code of
Pedoman Etika Usaha dan Tata Perilaku, merupakan Business Ethics and Code of Conduct, serves as the
panduan Perseroan dalam menjalankan tugas dan Company's guide in carrying out tasks and operational
aktivitas operasional secara baik dan benar, termasuk activities properly, including engaging with interactions
dalam hal berinteraksi dengan pemangku kepentingan. with stakeholders. Through the implementation of the
Melalui penerapan Kode Etik, Perwira Perseroan Code of Conduct, the Company Officers are expected to
diharapkan memiliki kesadaran untuk menjalankan etika have awareness to uphold good ethics and maintain the
yang baik serta menjaga reputasi Perseroan. Company's reputation.
Kode Etik yang berlaku di Perseroan adalah The CoC that applied to the Company was the 2023
Kode Etik tahun 2023 yang telah disahkan CoC which was ratified on May 31, 2023 through Decree
tanggal 31 Mei 2023 melalui Surat Keputusan No. Kpts-035/DK/PGE/2023-S0 and No. Kpts-036/
No. Kpts-035/DK/PGE/2023-S0 dan No. Kpts-036/ PGE000/2023-S0.
PGE000/2023-S0.
Pokok-Pokok Kode Etik
Code of Conduct Principles
Muatan Penjelasan
Content Explanation
Memuat latar belakang, pengertian, visi, misi, dan tata nilai Perseroan, maksud,
Pendahuluan dan tujuan, manfaat dan daftar istilah.
Preface It contains the background, definition, vision, mission, and values of the Company,
purpose and objectives, benefits, and a glossary of terms.
Prinsip-Prinsip Tata Kelola
Merupakan penjabaran dari prinsip-prinsip tata kelola perusahaan yang baik.
Perusahaan yang Baik
It contains a description of the principles of good corporate governance.
Good Corporate Governance Principles
Meliputi standar etika hubungan dengan para pemangku kepentingan, dan
standar etika terkait aspek khusus meliputi kebijakan akuntansi dan keuangan, pem-
Etika usaha Perseroan berian donasi, dan transaksi afiliasi.
Company Business Ethics It encompasses standards of ethics in relations with stakeholders, and standards of
ethics related to specific aspects including accounting and financial policies, provision
of donations, and affiliate transactions.
Meliputi standar perilaku terkait hubungan kerja antar pekerja, hubungan atasan
dan bawahan, lingkungan kerja yang bebas dari diskriminasi, pelecehan, perbuatan
asusila, ancaman, dan kekerasan serta standar perilaku terkait aspek khusus antara
lain pengaturan benturan kepentingan, gratifikasi, penyuapan, aktivitas sosial, dan
Standar Tata Perilaku aktivitas politik.
Standards of Conduct It contains standards of behavior related to working relationship among employees,
between superior and subordinate, a work environment that is free from discrimina-
tion, harassment, immoral acts, threats, and violence as well as standards of behavior
related to special aspects including regulation of conflicts of interest, gratification,
bribery, social activities, and political activities.
Meliputi penerapan etika usaha dan tata perilaku, sosialisasi, dan internalisasi, pel-
aporan, penanganan, dan penegakan pelanggaran, serta pembaruan atau revisi
Pelaksanaan Etika usaha dan Tata Perilaku
pedoman etika usaha, dan tata perilaku.
Implementation of Code of Business Ethics and the
It includes the implementation of code of business ethics and code of conduct, out-
Code of Conduct
reach and internalization, reporting, handling, and enforcement of violations, as well
as updating/ revising the code of business ethics and code of conduct.
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Tata Kelola Perusahaan
Good Corporate Governance
Kepatuhan Terhadap Kode Etik dan Compliance with the Code of Conduct
Penyebarluasan Kode Etik and Dissemination of the Code of
Conduct
Kode Etik berlaku untuk seluruh level organisasi di Code of Conduct applies to all organizational levels
Perseroan. Perseroan secara teratur melakukan sosialisasi in the Company. The Company regularly carried out
kode etik untuk meningkatkan pemahaman dan komitmen dissemination of the code of conduct to increase mutual
bersama atas penerapan Kode Etik kepada Direksi, understanding and commitment to the implementation
Dewan Komisaris, dan seluruh pekerja, tanpa terkecuali. of the CoC to the Board of Directors, Board of
Commissioners and all employees, without exception.
Penyelenggaraan sosialisasi ini dijalankan oleh CoC dissemination is carried out by the Legal &
Manager Legal & Compliance berkoordinasi dengan Compliance Manager and coordinates with the
Fungsi Sekretaris Perusahaan. Sarana komunikasi yang Corporate Secretary's Functions. The means of
digunakan berupa kegiatan sosialisasi secara offline/ communication used are in-person/online/hybrid
online/hybrid, broadcast email, portal perusahaan, situs dissemination, email broadcast, company portal,
web, dan melakukan pengisian pernyataan komitmen website, and filling out commitment statements in the
dalam GCG Online System secara berkala. Good Corporate Governance (GCG) Online System on
a regular basis.
Pada 2023 terdapat 11 kegiatan sosialisasi terkait In 2023, 11 dissemination activities on the Compliance
Kepatuhan Kode Etik. Seluruh (100%) karyawan with the Code of Conduct were carried out. Also in the
Perseroan telah melakukan pengisian pernyataan same year, all employees (100%) of the Company have
komitmen Kode Etik di dalam GCG Online System pada filled out Code of Conduct commitment statements in
tahun 2023. Selama tahun 2023, tidak tercatat adanya the GCG Online System. During 2023, no violations
pelanggaran terkait Kode Etik. related to the Code of Conduct were recorded.
.
Sosialisasi Kode Etik di 2023
Dissemination of Code of Conduct in 2023
Penjelasan
No
Explanation
Anti Bribery Campaign tiap bulan melalui broadcast email dilengkapi dengan FAQ sebagai upaya peningkatan
awareness Perwira PGE agar terhindar dari praktik penyuapan;
1 Anti Bribery Campaign is disseminated monthly via email broadcast that included FAQ as an effort to raise PGE
Officers’ awareness to avoid bribery practices.
Sosialisasi pengisian laporan penerimaan/penolakan gratifikasi tiap bulan kepada seluruh Pekerja melalui broadcast
email, dan reminder kepada Pekerja yang belum melaporkan gratifikasi melalui email dan kontak pribadi.
Dissemination to fill out reports of acceptance/rejection of gratuities every month to all employees through broadcast
2
email, and to send reminders to employees who have not reported gratuities via email and personal contact.
Sosialisasi pengisian pernyataan Code of Conduct (“CoC”) dan Conflict of Interest (“CoI”) kepada seluruh Pekerja
PGE melalui broadcast email, dan melakukan reminder kepada Pekerja yang belum mengisi CoC dan CoI;
3 Dissemination of filling out the Code of Conduct (“CoC”) and Conflict of Interest (“CoI”) statements to all PGE employees
via broadcast email, and sending reminders to employees who have not filled out CoC and CoI.
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Tata Kelola Perusahaan
Good Corporate Governance
Sosialisasi GCG & SMAP dengan tema Tata Kelola Aksi Korporasi Perseroan Terbuka tanggal 21 Maret 2023 den-
gan Narasumber Bapak Eri Sumiarso, Direktur PT Sinergi Daya Prima (Assessor GCG PGE Tahun 2022)
Dissemination of GCG & anti-bribery management system (ABMS) with the theme “Corporate Governance of Publicly
4
Listed Companies” on 21 March 2023, featuring Eri Sumiarso, Director of PT Sinergi Daya Prima (GCG Assessor for
PGE 2022) as the speaker.
Sosialisasi dan kegiatan coaching clinic pengisian LHKPN periode Tahun 2022 kepada seluruh Wajib Lapor LHKPN
PGE.
Dissemination and coaching clinic activities for filling out the State Officials Wealth Report (LHKPN) for the period of
5
2022 to all PGE employees who were required to report LHKPN.
Sosialisasi GCG - SMAP dan Transaksi Afiliasi Perseroan Terbuka kepada vendor Fungsi Drilling pada kegiatan Ser-
vice & Quality Meeting – Peluang Sinergi PGE - PDSI tanggal 16-17 Mei 2023 di Semarang.
6
Dissemination of GCG - ABMS and Affiliated Company’s Transactions with Drilling Function vendors during the Service
& Quality Meeting - PGE-PDSI Synergy Opportunity on May 16-17, 2023, in Semarang.
Kegiatan Workshop Awareness ISO 37001 Sistem Manajemen Anti Penyuapan (“SMAP”) pada tanggal 13-14 Juni
2023 dengan Narasumber Bapak Faiq Nur Zaman dari Konsultan PT Aurora Bisnis Internasional.
7
Workshop on ISO 37001 SMAP Awareness on June 13-14, 2023, Featuring Faiq Nur Zaman, Consultant of PT Aurora
Bisnis Internasional as the Speaker.
Sosialisasi GCG-SMAP kepada Perwira Area Lumut Balai pada Grand HSSE Meeting tanggal 18 Juli 2023;
8
Dissemination of GCG - ABMS to Lumut Balai Area Officer during the Grand HSSE Meeting on July 18, 2023.
Sosialisasi GCG & SMAP pada Joint Committee Meeting PT PGE Tbk – PT PLN (Persero) Area Kamojang dan Karaha
tanggal 16 Agt 2023 di Bandung.
9 Dissemination of GCG - ABMS during the Joint Committee Meeting of PT PGE Tbk – PT PLN (Persero) of Kamojang and
Karaha Area on August 16, 2023 in Bandung.
Sosialisasi GCG & SMAP pada Joint Committee Meeting PT PGE Tbk – PT PLN (Persero) Area Ulubelu dan Lumut
Balai tanggal 8 Sept 2023 di Bali.
10 Dissemination of GCG - ABMS during the Joint Committee Meeting of PT PGE Tbk – PT PLN (Persero) of Ulubelu and
Lumut Balai Area on September 8, 2023 in Bali.
Sosialisasi GCG & SMAP pada Grand HSSE Meeting Area Lumut Balai tanggal 29 Desember 2023
11
Dissemination of GCG - ABMS during Grand HSSE Meeting of Lumut Balai Area on December 29, 2023.
Kebijakan Penegakan Kode Etik Code of Conduct Enforcement Policy
Pelanggaran Kode Etik merupakan masalah serius yang Violating the Code of Conduct is a serious issue that
dapat mengakibatkan tindakan disipliner, mulai dari can lead to disciplinary action, ranging from verbal
teguran lisan hingga pemutusan hubungan kerja. Pekerja warnings to termination of employment. The Company
Perseroan didorong untuk melaporkan hal-hal yang employees are encouraged to report potential Code
berpotensi melanggar Kode Etik melalui mekanisme of Conduct violations through the reporting mechanism
pelaporan atau Whistleblowing System (WBS) di mana or Whistleblowing System (WBS), wherein the
Perseroan berkomitmen menjamin kerahasiaan pelapor Company is committed to ensuring the confidentiality of
dan pelaporan itu sendiri. whistleblowers and the reporting itself.
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Tata Kelola Perusahaan
Good Corporate Governance
whistleblowing system
whistleblowing system
Sistem Pelaporan Pelanggaran atau Whistleblowing The Company’s Whistleblowing System (WBS) is a
System (WBS) Perseroan merupakan sarana pelaporan channel that can be utilized by both internal and
yang dapat digunakan oleh pihak internal maupun external parties of the Company to report incidents
eksternal Perseroan untuk melaporkan kejadian terkait related to fraudulent activities or violations committed by
tindakan fraud atau pelanggaran yang dilakukan oleh individuals within the Company.
pelaku di lingkungan Perseroan.
The Company WBS has been managed centrally by the
WBS Perseroan telah dikelola secara terpusat oleh Fungsi Investigation Audit, WBS, and Fraud Prevention (IWF)
Investigation Audit, WBS and Fraud Prevention (IWF) PT Function since January 19, 2022 based on Complaint
Pertamina (Persero) sejak 19 Januari 2022 berdasarkan Management Manual for PT Pertamina (Persero) No.
Pedoman Pengelolaan Pengaduan PT Pertamina (Persero) A9-001/J00000/2022-S9. In this regard, the PGE has
No. A9-001/J00000/2022-S9. Terkait hal tersebut PGE ratified the WBS management through the Circular
telah meratifikasi pengelolaan WBS melalui Surat Edaran of the President Director of the Company No. 066/
Direktur Utama Perseroan No. 066/PGE000/2022-S8 PGE000/2022-S8 dated July 28, 2022.
tanggal 28 Juli 2022.
Penyampaian dan Media Laporan Submission and Channels for Reporting
Pelanggaran Violation
Pelapor dapat membuat laporan pengaduan melalui Whistleblowers can make complaint reports through the
saluran terpusat dari Pertamina Clean yang terdiri dari centralized channels of Pertamina Clean consisting of
berbagai kanal pelaporan, antara lain: various reporting channels, namely:
Website: http://pertaminaclean.tipoffs.info/
SMS & WhatsApp: +628118615000
Telepon: 135 ext.8
Telephone:
(021) 381 5910
(021) 381 5911
Fax: (021) 381 5912
Email: pertaminaclean@tipoffs.com.sg
Kirim Surat: Attn:
Mail:
Tip-offs Anonymous™
Pertamina Clean
P.O.Box 2600 JKP 10026
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Tata Kelola Perusahaan
Good Corporate Governance
Jenis Pelanggaran yang dapat Types of Violation that May be
Dilaporkan Reported
Lingkup pengaduan yang dapat dilaporkan kepada The scope of complaints that can be reported to the
Perseroan melalui sistem pelaporan pelanggaran, Company through the whistleblowing system includes:
adalah:
1. Korupsi, konflik kepentingan, penyuapan, gratifikasi 1. Corruption, conflicts of interest, bribery, gratification,
dan pemerasan; and extortion;
2. Pencurian, Penggelapan dan penyalahgunaan aset; 2. Theft, embezzlement, and misuse of assets;
3. Kecurangan dalam laporan keuangan;
3. Fraud in financial statements;
4. Pelanggaran hukum dan peraturan Perusahaan;
4. Violation of laws and Company regulations;
5. Pelecehan (fisik, verbal, non verbal/gesture, visual
dan emosional). 5. Harassment (physical, verbal, non-verbal/ gesture,
visual and emotional)
Perlindungan Bagi Pelapor Protection for Whistleblowers
Perseroan memberikan jaminan perlindungan bagi The Company guarantees protection for whistleblowers
pelapor yang menyampaikan pelanggaran sesuai who report violations in accordance with the principles of
dengan prinsip tata kelola, asas praduga tidak bersalah governance, the principle of presumption of innocence,
dan profesionalisme. Kebijakan perlindungan terhadap and professionalism. The policy for protecting the
pelapor meliputi aspek: whistleblower includes the following aspects:
• Identitas pelapor yang dijamin kerahasiaannya; • Identity of the whistleblower is guaranteed to remain
confidential;
• Perlindungan dari segala bentuk ancaman, • Protection from all forms of threats, intimidation,
intimidasi, atau tindakan tidak menyenangkan dari or unpleasant actions from any party that can may
pihak manapun yang dapat dianggap sebagai be perceived as retaliation for the report made by
tindakan balasan atas pelaporan yang telah the whistleblower, as long as the whistleblower
dibuat oleh pelapor, sepanjang pelapor menjaga maintains the confidentiality of the case to any party;
kerahasiaan kasus yang diadukannya kepada pihak
manapun;
• Perlindungan terhadap pelapor dari segala bentuk • Protection of the whistleblower from all forms of
hukuman atau sanksi dari pihak manapun yang dapat punishment or sanction from any party that can may
dianggap sebagai tindakan balasan atas pelaporan be perceived as retaliation for the report made by
yang telah dibuat oleh pelapor, sepanjang pelapor the whistleblower, as long as the whistleblower
tidak terbukti turut terlibat dalam perbuatan yang is not proven to be involved in the misconduct/
menyimpang/melanggar yang diadukan tersebut; violating act reported;
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Tata Kelola Perusahaan
Good Corporate Governance
• Pertimbangan memberi keringanan hukuman atau • Consideration of granting leniency in punishment
sanksi bagi pelapor yang turut terlibat dalam or sanctions for whistleblowers who are also
masalah yang diadukan, namun bersikap kooperatif involved in the matter being complained about, but
dan membantu secara signifikan proses investigasi demonstrate cooperation and significantly assist the
dengan memberikan data, informasi, dokumen, dan investigation process by providing data, information,
bukti-bukti lainnya yang relevan dengan masalah documents, and other evidence relevant to the issues
yang diadukan; being complained of;
• Perlindungan berlaku juga bagi pekerja yang • Protection also applies to employees carrying
melaksanakan klarifikasi atau investigasi maupun out clarification/ investigations as well as parties
pihak-pihak yang memberikan informasi terkait providing information related to complaints or
dengan pengaduan atau penyingkapan. disclosures.
Pihak Pengelola Laporan dan Party Managing Reporting and Report
Penanganan Laporan Response
Aktivitas penerimaan pengaduan, analisis awal, Activities of receiving complaints, initial analysis, referral
pelimpahan pengaduan, penanganan pengaduan, dan of complaints, handling of complaints, and compiling
pembuatan resume hasil penanganan dikoordinasikan a summary of the results of handling are centrally
secara terpusat oleh Fungsi IWF PT Pertamina (Persero) coordinated by the IWF Function of PT Pertamina (Persero)
bersama konsultan independen yang ditunjuk oleh PT together with an independent consultant appointed by
Pertamina (Persero). PT Pertamina (Persero).
Temuan audit operasional terindikasi fraud kemudian Operational audit findings indicating fraud will be
dilaporkan kepada VP IWF melalui korespondensi reported to the VP of IWF through official correspondence,
resmi dan ditembuskan kepada Chief Audit Executive with copies sent to the Chief of Internal Audit of PT
PT Pertamina (Persero). Jika diperlukan dan/atau Pertamina (Persero). Initial analysis and investigative
dalam kondisi tertentu, aktivitas analisa awal dan audit audits can be delegated to the PGE Internal Audit
investigasi dapat dilimpahkan kepada Fungsi Internal Function if necessary and/or under certain conditions.
Audit PGE.
Sosialisasi WBS WBS Dissemination
Komunikasi terkait WBS Perseroan disebarluaskan Communication regarding the Company whistleblowing
melalui media, banner, portal Perseroan, broadcast system is disseminated internally through media,
e-mail, hingga sosialisasi secara langsung seperti banners, the Company portal, email broadcasts, and
pemberian materi induksi dan seminar. Di samping itu, direct outreach such as providing induction materials
pihak eksternal juga dapat menerima informasi sistem and seminars. Moreover, external parties can receive
pelaporan pelanggaran pada kegiatan Vendor Day information on the whistleblowing system on Vendor Day
yang dilaksanakan oleh Perseroan. Pihak eksternal activities carried out by the Company. External parties
598 elevate Laporan Tahunan 2023 Annual Report
Page 599
Tata Kelola Perusahaan
Good Corporate Governance
juga dapat mengunjungi situs jejaring Perseroan untuk can also visit the Company’s social networking sites to
langsung terhubung dengan sistem tersebut. directly connect to the system.
Pada 2023, PGE telah melakukan kegiatan sosialisasi In 2023, PGE conducted a monthly dissemination of the
melalui broadcast email setiap bulan terkait Anti Bribery Anti-Bribery Campaign via email broadcast to increase
Campaign sebagai upaya peningkatan awareness awareness among PGE Officials to avoid bribery
Perwira PGE agar terhindar dari praktik penyuapan, dan practices, and to disseminate information on filling
sosialisasi pengisian laporan penerimaan/ penolakan out reports of acceptance/rejection of gratuities for all
gratifikasi kepada seluruh pekerja serta reminder bagi employees, along with a reminder for employees who
pekerja yang belum melaporkan gratifikasi melalui email have not reported gratuities via email and personal
dan kontak pribadi. Di samping itu, Perwira PGE juga contact. Furthermore, PGE Officials also participated
mengikuti kegiatan sosialisasi dan workshop sebagai in the following dissemination and workshop sessions:
berikut:
Waktu dan
Kegiatan Penyelenggara Peserta
Tempat Pelaksanaan
Activity Organizer Participants
Date & Location
Sosialisasi GCG dan SMAP 21 Maret | March 2023 PT Sinergi Daya Prima (Assessor Dewan Komisaris, Direksi, dan Perwira
Tema Tata Kelola Aksi Korporasi GCG PGE Tahun 2022) Board of Commissioners, Board of
Perseroan Terbuka (Assessor of PGE GCG for 2022) Directors, and Officers
Dissemination of GCG and SMAP
Theme: Corporate Governance of the
Publicly Listed Company
Sosialisasi GCG - SMAP dan Transaksi 16-17 Mei 2023 di Semarang PT PDSI Direksi dan Perwira
Afiliasi Perseroan Terbuka kepada vendor 16-17 May 2023 in Semarang Board of Directors and Officers
Fungsi Drilling pada kegiatan Service &
Quality Meeting
Dissemination of GCG - ABMS and Affiliated
Company’s Transactions with Drilling Function
vendors during the Service & Quality
Meeting
Workshop Awareness ISO 37001 Sistem 13-14 Juni |June 2023 PT Aurora Bisnis Internasional Direksi dan Perwira
Manajemen Anti Penyuapan (SMAP) Board of Directors and Officers
Workshop on ISO 37001 SMAP Awareness
Sosialisasi GCG - SMAP pada Grand HSSE 18 Juli | July PGE Perwira Area Lumut Balai
Meeting 2023 Lumut Balai Area Officers
Dissemination of GCG - ABMS during the
Grand HSSE Meeting
Sosialisasi GCG & SMAP pada Joint 16 Agustus 2023 di PGE dan PT PLN (Persero) Perwira Area Kamojang dan Karaha
Committee Meeting PGE dan PLN Bandung PGE and PT PLN (Persero) Kamojang and Karaha Area Officers
Dissemination of GCG & ABMS during the
Joint Committee Meeting of PGE and PLN 16 August 2023 in Bandung
Sosialisasi GCG & SMAP pada Joint 8 September 2023 di Bali PPGE dan PT PLN (Persero) Perwira Area Ulubelu dan Lumut Balai
Committee Meeting PGE dan PLN PGE and PT PLN (Persero) Ulubelu and Lumut Balai Area Officers
Dissemination of GCG & ABMS during the 8 September 2023 in Bali
Joint Committee Meeting of PGE and PLN
Sosialisasi GCG - SMAP pada Grand HSSE 29 Desember | PGE dan PT PLN (Persero) Perwira Area Lumut Balai
Meeting December 2023 PGE and PT PLN (Persero) Lumut Balai Area Officers
Dissemination of GCG - ABMS during the
Grand HSSE Meeting
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Tata Kelola Perusahaan
Good Corporate Governance
Jumlah Pengaduan dan Sanksi/ Number of Complaints and
Tindak Lanjut Pengaduan melalui WBS Sanctions/ Follow-up Actions through
Di Tahun 2023 Whistleblowing System in 2023
Seluruh pengaduan dikelola secara terpusat oleh All complaints are centrally handled by the IWF Function
Fungsi IWF PT Pertamina (Persero) bersama konsultan of PT Pertamina (Persero) together with an independent
independen yang ditunjuk oleh PT Pertamina (Persero), consultant appointed by PT Pertamina (Persero). The IWF
untuk kemudian Fungsi IWF dapat melimpahkan proses Function can delegate the investigation process to the
investigasi kepada pihak PGE apabila diperlukan. PGE when necessary.
Hingga 31 Desember 2023 terdapat 9 (sembilan) As of December 31, 2023, there were 9 (nine) reported
pengaduan dugaan kategori fraud & irregularities yang allegations of fraud & irregularities received by PGE
diterima PGE sesuai dengan surat Chief Audit Executive based on PT Pertamina Persero’s Chief Audit Executive
PT Pertamina (Persero) No. R-088/J00000/2023-S0 letter No. R-088/J00000/2023-S0 dated October
tanggal 9 Oktober 2023 yang menyatakan bahwa 9, 2023, stating that 6 (six) complaints have been
6 (enam) pengaduan telah closed karena dinilai tidak closed as they were deemed unworthy of further action,
layak untuk ditindaklanjuti, sedangkan sisanya dalam while the remaining complaints are in the waiting list
tahap waiting list investigasi oleh Fungsi IWF PT Pertamina for investigation by the IWF Function of PT Pertamina
(Persero). (Persero)..
600 elevate Laporan Tahunan 2023 Annual Report
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Tata Kelola Perusahaan
Good Corporate Governance
kebijakan anti korupsi
anti-corruption policy
Perseroan telah memiliki beberapa kebijakan terkait Anti The Company already has several policies related to
Korupsi dan Gratifikasi yang diatur dalam Kode Etik, Anti-corruption and Gratification regulated in the Code
Traktat Kebijakan Anti Korupsi, Pedoman Pengendalian of Conduct, Anti-corruption Policy Treaty, Gratification
Gratifikasi serta Pedoman Whistleblowing System. Control Manual, and Whistleblowing System. In a bid
Guna memperkuat proses identifikasi, pencegahan dan to strengthen the process of identifying, preventing,
pendeteksian indikasi penyuapan, Perseroan juga telah and detecting indications of bribery, the Company
menerapkan Sistem Manajemen Anti Penyuapan (SMAP) has implemented an Anti-Bribery Management System
berdasarkan ISO 37001:2016 yang terintegrasi dengan (ABMS) based on ISO 37001:2016, which is integrated
Geothermal Integrated Management System (GIMS) with the Geothermal Integrated Management System
sejak tahun 2020. (GIMS) since 2020.
Wilayah operasional PGE yang telah mendapatkan The PGE operational areas that have obtained ISO
sertifikasi ISO 37001:2016 adalah: 37001:2016 certification are:
1. PGE Kantor Pusat • 1. PGE Head Office
2. PGE Area Lumut Balai • 2. PGE Lumut Balai Area
3. PGE Area Kamojang • 3. PGE Kamojang Area
4. PGE Area Lahendong • 4. PGE Lahendong Area
5. PGE Area Karaha • 5. PGE Karaha Area
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Tata Kelola Perusahaan
Good Corporate Governance
Penerapan Anti Korupsi Anti-Corruption Enforcement
Perseroan senantiasa menerapkan langkah-langkah yang The Company consistently takes adequate measures
memadai untuk memastikan bahwa penerapan SMAP to ensure that the implementation of the ABMS is
tersebut terinternalisasi di seluruh elemen dan personel internalized throughout all elements and personnel of
organisasi. Di antaranya melalui kewajiban penerapan the organization. This includes the obligation to apply
prinsip 4 NO's: the principles of the 4 NO's:
a. No Bribery (hindari/menolak segala bentuk suap a. No Bribery (avoid/reject all forms of bribery and
menyuap dan pemerasan); extortion);
b. No Kickback (hindari/menolak meminta komisi, b. No Kickback (avoid/reject soliciting commissions,
tanda terima kasih baik dalam bentuk uang dan gratitude gestures, be it in the form of money or others);
dalam bentuk lainnya);
c. No Gift (hindari/menolak penerimaan/ pemberian c. No Gift (avoid/reject receiving/giving gifts or gratuities
hadiah atau gratifikasi yang bertentangan dengan that contradict applicable regulations and provisions);
peraturan dan ketentuan yang berlaku);
d. No Luxurious Hospitality (hindari/menolak d. Luxurious Hospitality (avoid/reject excessive
penyambutan dan jamuan yang berlebihan). receptions and hospitality).
Seluruh pihak baik pekerja PGE maupun mitra atau pihak All parties, both PGE employees and partners or other
eksternal lainnya dapat berperan aktif dalam mencegah external parties, can play an active role in preventing acts
tindak penyuapan maupun korupsi dengan melaporkan of bribery and corruption by reporting allegations that
dugaan yang terjadi di/atau terkait dengan Perseroan occur in/or related to the Company and/or Company
dan/atau personel Perseroan melalui saluran pelaporan personnel through the WBS reporting channel.
WBS.
Untuk memastikan bahwa penerapan praktik anti korupsi In order to ensure that the implementation of anti-
terinternalisasi di seluruh lini usaha, setiap tahun Perseroan corruption practices is internalized in all lines of business,
mewajibkan karyawan untuk memberikan pernyataan the Company annually mandates employees to provide
pemahaman terkait anti korupsi dan gratifikasi sebagai a statement of understanding regarding anti-corruption
berikut: and gratuity as follows:
• Kewajiban pelaporan penerimaan atau penolakan • Mandatory reporting of the acceptance or rejection
gratifikasi melalui portal GCG PGE oleh seluruh of gratuities through the PGE’s GCG portal for all
pekerja PGE; PGE employees;
• Pernyataan bahwa telah memahami dan mematuhi • Statement of understanding and compliance with
Kode Etik; the Code of Conduct;
• Pernyataan tidak berbenturan dengan Kode Etik. • Statement of non-conflict with the Code of Conduct.
Di samping itu, perwira PGE juga telah mengikuti In addition, PGE officials have also attended training
pelatihan dan sosialisasi terkait anti korupsi selama tahun and dissemination sessions related to anti-corruption
2023. Informasi lebih lengkap terkait kegiatan tersebut during 2023. More detailed information regarding
terdapat pada sub bab Sosialisasi WBS pada bab ini. these activities can be found in the WBS Dissemination
subsection in this chapter.
.
602 elevate Laporan Tahunan 2023 Annual Report
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Tata Kelola Perusahaan
Good Corporate Governance
kebijakan gratifikasi
gratification policy
Dalam upaya penerapan, penegakan, dan kepatuhan In implementing, enforcing, and ensuring compliance
pelaporan gratifikasi, sejak tahun 2018 Perseroan telah with the gratification report, the Company, since 2018,
menetapkan peraturan terkait gratifikasi yang terangkum has established regulations related to gratification,
di dalam Pedoman Gratifikasi, Penolakan, Penerimaan, which are summarized in Manual for Gratification,
Pemberian Hadiah/Cenderamata dan/atau Hiburan Rejection, Acceptance, Giving Gifts/Souvenirs, and/
(Entertainment) No. A-015/PGE000/2018-S9 yang or Entertainment No. A-015/PGE000/2018-S9, as
diperbarui dengan Pedoman Pengendalian Gratifikasi amended to the Gratification Control Manual No.
No. A-002/PGE000/2022-S9. A-002/PGE000/2022-S9.
Pengelolaan Gratifikasi Gratification Management
Dalam mendukung penerapan Pedoman Gratifikasi, In supporting the implementation of the Gratification
Perseroan membentuk Tim Unit Pengendalian Gratifikasi Manual, the Company has formed a Gratification Control
(UPG) yang bertanggung jawab dalam gratifikasi di Unit Team which is responsible for the management
Perseroan. Adapun Tim Unit Pengendalian Gratifikasi of gratification within the Company. The Company’s
Perseroan terdiri dari: Gratification Control Unit Team consists of:
Pembina : .
Direktur Keuangan selaku Koordinator Penerapan dan Pemantauan GCG
Advisor: Director of Finance as Coordinator of GCG Implementation and Monitoring
Ketua : Chief Audit Executive
Chairperson:
Wakil Ketua : Vice President Planning & Risk Management
Vice Chairperson: Vice President for Planning & Risk Management
Sekretaris: Manager Legal & Compliance
Secretary: Legal & Compliance Manager
Anggota: • Manager Internal Audit Finance & Business Support
Member: • Manager Internal Audit Operation & Infrastructure
• Auditor I Finance & Business Support
• Auditor I Operation & Infrastructure
• Officer II Compliance
• Junior Legal Counsel
• Internal Audit Finance & Business Support Manager
• Internal Audit Operation & Infrastructure Manager
• Finance & Business Support Auditor I
• Operation & Infrastructure Auditor I
• Compliance Officer II
• Junior Legal Counsel
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Tata Kelola Perusahaan
Good Corporate Governance
Sosialisasi Kebijakan Gratifikasi Dissemination of Gratification Policy
Perseroan telah melakukan sosialisasi kebijakan terkait The Company has conducted regular and comprehensive
Pedoman Gratifikasi secara rutin dan menyeluruh kepada dissemination of policies related to Gratification Manual
seluruh pekerja, di antaranya: to all employees, including:
Kegiatan . Waktu Pelaksanaan
Activity Time of Implementation
Sosialisasi Pedoman Pengendalian Gratifikasi sekaligus Setiap bulan
mengingatkan pelaporan gratifikasi melalui e-mail broadcast Monthly
Dissemination of Gratification Control Manual and a reminder of
submitting gratification report through email broadcast
Kampanye anti penyuapan atau anti-bribery campaign Setiap bulan
melalui broadcast email untuk meningkatkan kesadaran terhadap Monthly
anti penyuapan
Anti-bribery campaign through email broadcast to raise
awareness about anti-bribery
Sosialisasi pengisian pernyataan kepatuhan terhadap Kode Tahunan
Etik dan Benturan Kepentingan kepada seluruh pekerja PGE, Annually
sekaligus mengingatkan kewajiban pengisian
Dissemination of filling out the compliance statement for the
Code of Conduct and Conflict of Interest to all PGE employees,
while reminding them of the obligation to fill it out
Sosialisasi tata kelola atau good corporate governance (GCG)
dan Sistem Manajemen Anti Penyuapan (SMAP) dengan tema 21 Maret | March
Tata Kelola Aksi Perseroan Terbuka dengan narasumber Direktur 2023
PT Sinergi Daya Prima yaitu Bapak Eri Sumiarso selaku assessor
GCG PGE tahun 2022
Dissemination of GCG & Anti-bribery Management System
(ABMS) with the theme Corporate Governance of Publicly Listed
Companies featuring Eri Sumiarso, PGE’s GCG assessor for 2022
as the speaker
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Tata Kelola Perusahaan
Good Corporate Governance
Sosialisasi dan kegiatan coaching clinic pengisian Laporan Harga Sosialisasi: Secara berkala dimulai sejak awal tahun sampai dengan batas
Kekayaan Pejabat Negara (LHKPN) periode tahun 2022 kepada waktu pelaporan tanggal 31 Maret 2024.
Coaching: Secara berkala dimulai minggu kedua bulan Februari 2024
seluruh wajib lapor LHKPN PGE
sampai dengan batas waktu pelaporan tanggal 31 Maret 2024.
Dissemination and coaching clinic activities for filling out the State Socialization: Conducted periodically starting from the beginning of the year
Officials Wealth Report (LHKPN) for the period of 2022 to all PGE until the reporting deadline on March 31, 2024.
employees who were required to report LHKPN. Coaching: Conducted periodically starting from the second week of February
2024 until the reporting deadline on March 31, 2024.
Perseroan Terbuka kepada vendor fungsi drilling pada kegiatan 16-17 Mei |May 2023
Service & Quality Meeting dengan tema Peluang Sinergi PGE
dan PDSI yang dilaksanakan di Semarang
Dissemination of GCG - ABMS and Affiliated Company’s
Transactions with drilling function vendors during the Service &
Quality Meeting adopting the theme PGE and PDSI Synergy
Opportunity in Semarang
Kegiatan Workshop Awareness ISO 37001 SMAP dengan 13-14 Juni | June 2023
narasumber Bapak Faiq Nur Zaman dari konsultan PT Aurora
Bisnis Internasional
Workshop on ISO 37001 SMAP Awareness
featuring Faiq Nur Zaman, consultant of PT Aurora Bisnis
Internasional, as the speaker
Sosialisasi GCG dan SMAP kepada Perwira Area Lumut Balai
pada Grand HSSE Meeting 18 Juli | July 2023
Dissemination of GCG and ABMS to Lumut Balai Area Officers
during the Grand HSSE Meeting
Sosialisasi GCG dan SMAP pada Joint Committee Meeting PGE 16 Agustus | August 2023
dan PT Perusahaan Listrik Negara (Persero) untuk Area Kamojang
dan Karaha di Bandung
Dissemination of GCG and ABMS during the Joint Committee
Meeting of PGE and State-owned Electricity Company PT PLN
(Persero) of Kamojang and Karaha Area in Bandung
Sosialisasi GCG dan SMAP pada Joint Committee Meeting PGE 8 September 2023
dan PLN untuk Area Ulubelu dan Lumut Balai di Bali
Dissemination of GCG and ABMS during the Joint Committee
Meeting of PGE and PLN of Ulubelu and Lumut Balai Area in
Bali.
Sosialisasi GCG dan SMAP pada Grand HSSE Meeting Area 29 Desember |December 2023
Lumut Balai
Dissemination of GCG and ABMS during Grand HSSE Meeting
of Lumut Balai Area
Laporan Gratifikasi Tahun 2023
Sepanjang tahun 2023, Perseroan tidak menerima Throughout 2023, the Company did not receive any
laporan terkait penerimaan gratifikasi di lingkungan reports regarding gratification violations at the Company.
Perseroan.
elevate Laporan Tahunan 2023 Annual Report 605
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Tata Kelola Perusahaan
Good Corporate Governance
laporan harta kekayaan penyelenggara
negara (lhkpn)
state officials wealth report (lhkpn)
PT Pertamina (Persero) selaku holding PGE memiliki PT Pertamina (Persero) as the holding company of
kebijakan terkait kepatuhan Laporan Harta Kekayaan PGE has a policy regarding compliance with the State
Penyelenggaraan Negara (LHKPN) yang diatur di dalam Officials Wealth Report (LHKPN), which is regulated in
Pedoman Kewajiban Penyampaian LHKPN No. A-13- the Manual for Mandatory Submission of LHKPN No.
001/N00200/2021-S9. Kebijakan ini berlaku bagi A-13-001/N00200/2021-S9. This policy applies to all
seluruh entitas Pertamina Grup. entities within the Pertamina Group.
Pemberlakuan kebijakan tersebut di Perseroan diatur The adoption of the policy in the Company is regulated
berdasarkan Akta No. 50 tanggal 25 Februari 2022 based on Deed No. 50 dated February 25, 2022 which
yang mewajibkan pelaporan LHKPN mulai dari level requires LHKPN reporting starting from the assistant
asisten manajer/setara sampai dengan Direksi dan manager/equivalent level up to the Board of Directors
Dewan Komisaris. and Board of Commissioners.
LHKPN Tahun 2023 2023 State Officials Wealth Report
(LHKPN)
Pada tahun 2023, terdapat 179 orang wajib lapor In 2023, the Company had 179 employees who were
LHKPN dari seluruh unit kerja yang ada dengan tingkat required to report their LHKPN from all existing work
kepatuhan sebesar 100%. units, with a compliance rate of 100%.
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Tata Kelola Perusahaan
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perdagangan orang dalam (insider trading)
insider trading
Seluruh informasi yang tidak tersedia untuk publik All information that is not open for the public and may
dan berpotensi memengaruhi harga saham, membuka potentially affect stock prices allows the possibility of
peluang terjadinya perdagangan orang dalam atau insider trading, a situation in which someone conducts
insider trading, sebuah situasi di mana seseorang stock trading based on secret information known from
melakukan transaksi saham berdasarkan informasi the Company’s insider. The Company has the potential
rahasia yang diketahui dari orang dalam Perseroan. for insider trading after the Company's shares, under
Perseroan memiliki potensi terjadinya insider trading the ticker PGEO, are listed and traded on the Indonesia
setelah saham Perseroan yang berkode PGEO tercatat Stock Exchange since 24 February 2023.
dan diperdagangkan di Bursa Efek Indonesia sejak 24
Februari 2023.
Kebijakan larangan insider trading Perseroan mencakup The Company's policy of prohibiting insider trading
pengaturan transaksi saham Perseroan yang dilakukan includes regulations on stock trading conducted by
oleh karyawan Perseroan dan setiap pihak tertentu yang Company’s employees and any other parties who
memiliki informasi material dan informasi rahasia yang possess material information and non-public information
belum menjadi informasi publik (informasi orang dalam/ (insider information). This policy applies throughout the
insider information). Kebijakan ini berlaku di seluruh Company's environment, including the Company Affiliates.
lingkungan Perseroan, termasuk Afiliasi Perseroan. Agar For public cognizance, it is hereby ordered that the insider
dapat diketahui oleh semua pihak, kebijakan mengenai trading policy be published on the Company's website.
insider trading ini terdapat pada situs web Perseroan.
Dasar Hukum Penerapan Legal Basis for the Implementation
Kebijakan insider trading yang menjadi dasar Perseroan
untuk memastikan tidak adanya pelanggaran tata The insider trading policy, which serves as the Company’s
kelola perusahaan maupun peraturan perundang- basis to ensure that no violations to the corporate
undangan terkait orang dalam Perseroan yang governance and provisions of regulation and laws are
hendak melakukan transaksi saham termasuk committed related to insiders of the Company including
afiliasinya disusun berlandaskan pada peraturan its affiliates intending to conduct stock trading, is based
perundang-undangan yang berlaku sebagai berikut: on the following laws and regulations:
1. UU No. 8 Tahun 1995 tentang Pasar Modal. 1. Law No. 8 of 1995 on Capital Markets.
2. Peraturan OJK No. 31/POJK.04/2015 tentang 2. Regulation of the Financial Services Authority
Keterbukaan atas lnformasi atau Fakta Material No. 31/POJK.04/2015 on Disclosure of Material
oleh Emiten atau Perusahaan Publik. Information or Facts by Issuers or Public Companies.
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Tata Kelola Perusahaan
Good Corporate Governance
3. Peraturan OJK No. 60/POJK.04/2015 tentang 3. Regulation of the Financial Services Authority No.
Keterbukaan lnformasi Pemegang Saham Tertentu. 60/POJK.04/2015 on Disclosure of Information by
Certain Shareholders.
4. Peraturan OJK No. 78/POJK.04/2017 tentang 4. Regulation of the Financial Services Authority No.
Transaksi Efek Yang Tidak Dilarang Bagi Orang 78/POJK.04/2017 on Securities Trading That is Not
Dalam. Prohibited for Insiders.
5. Surat Keputusan Bursa Efek Indonesia Nomor 5. Decree of the Indonesia Stock Exchange No. Kep-
Kep- 00061/BEl/07-2021 tentang Peraturan Nomor 00061/BEI/07-2021 on Rule No. II-A regarding
II-A tentang Perdagangan Efek Bersifat Ekuitas. Trading of Equity Securities.
6. Peraturan lain yang terkait dengan kebijakan ini. 6. Other regulations related to this policy.
Kriteria Orang Dalam dan Informasi Criteria for Insider and Material and
Material dan Rahasia Confidential Information
Dalam kebijakan ini, yang dimaksud orang dalam In this policy, insiders shall have these following meanings:
adalah:
1. Komisaris, Direktur, atau Perwira PGE. 1. Commissioners, Directors, of PGE Officers.
2. Pemegang saham utama PGE. 2. Majority shareholders of PGE.
3. Orang perseorangan yang karena kedudukan atau 3. Individuals who, due to their position or
profesinya atau karena hubungan usahanya dengan profession or their business relationship with
PGE memungkinkan orang tersebut memperoleh PGE, are able to obtain insider information.
informasi orang dalam.
4. Pihak yang dalam waktu 6 (enam) bulan terakhir 4. Parties within the last 6 (six) months are no longer
tidak lagi menjadi pihak sebagaimana dimaksud considered as parties as referred to in points 1,
dalam angka 1,2, dan 3. 2, and 3.
Sementara yang dimaksud informasi material dan Meanwhile, material information and confidential
informasi rahasia adalah: information are defined as follows:
1. Informasi material: Informasi terkait PGE 1. Material information: Information on PGE
atau fakta penting dan relevan mengenai or significant and relevant facts about events,
peristiwa, kejadian, atau fakta yang dapat occurrences, or facts that would affect stock
mempengaruhi harga saham pada Bursa Efek prices on the Stock Exchange and/or decisions
dan/atau keputusan pemodal, calon pemodal, of investors, prospective investors, or other parties
atau pihak lain yang berkepentingan atas interested in such information or facts.
informasi atau fakta tersebut.
608 elevate Laporan Tahunan 2023 Annual Report
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Tata Kelola Perusahaan
Good Corporate Governance
2. Informasi rahasia: Semua data atau 2. Confidential information: All nonpublic
informasi terkait PGE dan/atau Entitas Anak data or information related to PGE and/or
PGE yang tidak ditujukan untuk umum, termasuk PGE’s Subsidiaries, including but not limited to
namun tidak terbatas kepada data maupun commercially, financially, technically related
informasi yang bersifat komersial, keuangan, data or information, as well as data related to
teknis, data terkait vendor, pemasok, rekanan vendors, suppliers, business partners, whether
bisnis, baik tertulis maupun tidak tertulis, direkam written, oral, electronic or in other forms stated
secara elektronik maupun bentuk lainnya yang in writing as confidential information or is
dinyatakan secara tertulis sebagai informasi required by law to be treated as confidential.
rahasia atau harus diperlakukan secara rahasia
oleh undang-undang.
Periode Blackout Blackout Period
Periode blackout adalah periode tertentu dimana orang Blackout period is a period of time when certain
dalam Perseroan yang memiliki informasi material individuals in the Company who possess material
dilarang melakukan transaksi atau jual-beli saham, information are prohibited from trading or buying or
termasuk namun tidak terbatas kepada: selling shares, including but not limited to:
a. Memberikan perintah atau instruksi untuk a. Issue orders or instructions to buy of sell PGE shares.
melakukan transaksi jual maupun beli saham
PGE.
b. Mempengaruhi pihak lain untuk melakukan b. Influence others to engage in stock trading by
transaksi saham dengan cara memberikan providing material information as an insider for
informasi material sebagai orang dalam yang personal gain.
dimiliki untuk keuntungan pribadinya.
Pada saat pengumuman periode blackout, orang dalam During the Blackout Period announcement, insiders who
yang masih memiliki perintah transaksi saham yang belum still have pending trade orders must cancel the order.
dilaksanakan wajib membatalkan perintah tersebut.
Yang termasuk di dalam periode blackout adalah: Types of blackout period includes:
1. Berkala: Sejak 10 (sepuluh) hari kalender sebelum 1. Regular: From 10 (ten) calendar days
Perseroan menyampaikan laporan keuangan kuartal, prior to the release of Company’s quarterly,
tengah tahun atau tahunan sampai dengan tanggal semi-annual, or annual financial reports until the
dilakukannya keterbukaan informasi atas laporan date of disclosure of financial report information;
keuangan tersebut;
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Tata Kelola Perusahaan
Good Corporate Governance
2. Insidental: Sejak suatu aksi korporasi signifikan yang 2. Incidental: After a significant corporate action
dilakukan oleh Perseroan mendapatkan persetujuan received final approval from the Company (Board
final (persetujuan Dewan Komisaris atau RUPS) of Commissioners' approval or General Meeting
sampai dengan dilakukannya keterbukaan informasi of Shareholders) until information on the corporate
atas aksi korporasi tersebut. Setiap aksi korporasi action has been made to the public. Any significant
signifikan akan diumumkan oleh Perseroan. corporate action will be announced by the Company.
.
Pelanggaran dan Sanksi Insider Violation and Sanctions for Insider
Trading Trading
Selama tahun 2023, tidak terdapat pelanggaran insider Throughout 2023, there were no insider trading violations
trading di dalam Perseroan. Perseroan secara berkala within the Company. The Company also regularly carried
juga melakukan sosialisasi terhadap pencegahan insider out dissemination to prevent insider trading, to deter
trading, untuk mencegah pelanggaran tata kelola dan governance violations and impose sanctions for any
sanksi atas pelanggaran tersebut. violations.
Apabila terbukti melakukan pelanggaran insider trading, In the event of insider trading violation, the Company may
Perseroan dapat memberikan sanksi sebagai berikut: impose the following sanctions:
1. Apabila orang dalam adalah karyawan PGE, 1. If the insider is an employee of PGE, the sanctions
maka sanksi mengacu pada Perjanjian Kerja will refer to the prevailing Collective Bargaining
Bersama (PKB) yang berlaku dengan sanksi terberat Agreement, with the severest sanction, namely the
berupa Pemutusan Hubungan Kerja (PHK) yang Termination of Employment (PHK) and it will be
penetapannya ditetapkan oleh komite disiplin determined by the Company's disciplinary committee.
Perseroan.
2. Apabila orang dalam adalah anggota Dewan 2. If the insider is a member of the Board of
Komisaris atau anggota Direksi Perseroan atau Commissioners or a member of the Board of Directors
Entitas Anak Perseroan, maka sanksi akan dikenakan of the Company or its Subsidiaries, the sanctions will
sesuai dengan yang ditentukan dalam Anggaran be imposed in accordance with the provisions of
Dasar yang mengacu kepada UU No 8 Tahun 1995 the Articles of Association referring to Law No. 8 of
tentang Pasar Modal (Pasal 104). 1995 on Capital Markets (Section 104).
3. Apabila orang dalam adalah pihak yang memiliki 3. If the insider is a party who has business relations with
hubungan usaha dengan Perseroan atau Entitas the Company or its Subsidiaries, the sanction may be
Anak Perseroan, maka sanksi dapat berakibat in the form of termination of the cooperation, and the
pada pembatalan kerja sama dan pihak tersebut party must be fully responsible in accordance with
bertanggung jawab penuh sesuai dengan peraturan the prevailing regulations.
perundang-undangan yang berlaku.
610 elevate Laporan Tahunan 2023 Annual Report
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Tata Kelola Perusahaan
Good Corporate Governance
kebijakan pemberian kompensasi
jangka panjang
policy for providing long-term compensation
Program Opsi Pembelian Saham Management and Employee Stock
kepada Manajemen dan Karyawan Option Plan/MESOP Program
(Management and Employee Stock
Option Plan/MESOP)
Jumlah Saham dan Hak Opsi Program Total of Shares and Option Rights of
MESOP MESOP Program
Sesuai dengan Keputusan Pemegang Saham secara Based on Circular Resolution of Shareholders dated
Sirkuler tanggal 27 Januari 2022 sebagaimana January 27, 2022 as stated in Deed No.12/2022,
tertuang dalam Akta No. 12/2022, Perseroan akan the Company shall allocate a maximum of 1.50% (one
mengalokasikan sebanyak-banyaknya sebesar 1,50% point five zero) shares out of the issued and fully paid-up
(satu koma lima nol persen) dari modal ditempatkan capital of the Company after the Initial Public Offering
dan disetor penuh Perseroan setelah Penawaran Umum (IPO), or up to a maximum of 630,398,000 (six hundred
Saham Perdana atau Initial Public Offering (IPO) atau thirty million three hundred ninety-eight thousand) shares
sebanyak-banyaknya 630.398.000 (enam ratus tiga for the MESOP program.
puluh juta tiga ratus sembilan puluh delapan ribu) saham
untuk program MESOP.
Hak opsi dalam program MESOP dapat digunakan The option rights in the MESOP program can be
oleh manajemen dan karyawan Perseroan dan Entitas exercised by the management and employees of the
Anak untuk membeli saham baru Perseroan, di mana Company and its Subsidiaries to purchase new shares
pelaksanaannya dapat dilakukan pada periode of the Company, in which the execution can take place
pelaksanaan yang akan ditetapkan setelah saham during the implementation period to be determined
perseroan tercatat di Bursa Efek Indonesia (BEI) yakni after the company's shares are listed on the Indonesia
pada 24 Februari 2023, dan akan dibuka maksimal 2 Stock Exchange (IDX) on February 24, 2023 and will be
kali dalam 1 tahun dengan jangka waktu 30 hari bursa opened for a maximum of 2 times in 1 year with a trading
setiap periode pelaksanaan. period of 30 trading days for each implementation
period.
Pendistribusian Hak Opsi Distribution of Option Rights
Pendistribusian hak opsi akan dilakukan dalam 4 (empat) The distribution of option rights will be carried out in 4
tahapan, yaitu: (four) stages as follows:
Tahap I : Maksimal 40% (empat puluh persen) dari jumlah Stage I: Maximum 40% (forty percent) of the total option
hak opsi yang dapat diterbitkan dalam program MESOP rights that can be issued under this MESOP program will
ini akan diterbitkan dan dialokasikan paling lambat 4 be issued and allocated no later than 4 (four) months
(empat) bulan terhitung sejak tanggal pencatatan saham as of the date of the Company's stock listing on the IDX.
Perseroan di BEI.
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Tahap II : Sisa dari jumlah hak opsi yang dapat .Stage II: The remaining number of option rights that
diterbitkan dalam program MESOP, dengan jumlah yang can be issued under the MESOP program, with the
akan ditentukan kemudian dengan mempertimbangkan amount to be determined later by taking into account the
kinerja Perseroan dan mendapatkan persetujuan Dewan Company's performance and approval from the Board of
Komisaris akan diterbitkan dan dialokasikan pada Ulang Commissioners, will be issued and allocated on the First
Tahun Pertama Tanggal Pencatatan Saham Perseroan di Anniversary of the Company's Stock Listing Date on the
BEI. IDX.
Tahap III : Sisa dari jumlah hak opsi yang dapat diterbitkan Stage III: The remaining number of option rights that can
dalam program MESOP setelah dikurangi dengan be issued under the MESOP program after deducting the
alokasi Tahap II, dengan jumlah yang akan ditentukan allocation of Stage II, with the amount to be determined
kemudian dengan mempertimbangkan kinerja Perseroan later by taking into account the Company's performance
dan mendapatkan persetujuan Dewan Komisaris akan and approval from the Board of Commissioners, will be
diterbitkan dan dialokasikan pada Ulang Tahun Kedua issued and allocated on the Second Anniversary of the
Tanggal Pencatatan Saham Perseroan di BEI. Company's Stock Listing Date on the IDX.
Tahap IV : Sisa dari jumlah hak opsi yang dapat diterbitkan Stage IV: The remaining number of option rights that can
dalam program MESOP setelah dikurangi dengan be issued under the MESOP program after deducting the
alokasi Tahap III, dengan jumlah yang akan ditentukan allocation of Stage III, with the amount to be determined
kemudian dengan mempertimbangkan kinerja Perseroan later by taking into account the Company's performance
dan mendapatkan persetujuan Dewan Komisaris akan and approval from the Board of Commissioners, will be
diterbitkan dan dialokasikan pada Ulang Tahun Ketiga issued and allocated on the Third Anniversary of the
Tanggal Pencatatan Saham Perseroan di BEI. Company's Stock Listing Date on the IDX.
Peserta Program MESOP Participants of MESOP Program
Peserta program MESOP adalah Direksi, Dewan Participants of the MESOP program are the Board
Komisaris (kecuali Komisaris Independen), dan karyawan of Directors, the Board of Commissioners (excluding
tetap dan tidak tetap Perseroan yang aktif bekerja Independent Commissioners), and permanent and non-
dan memenuhi ketentuan pada saat Program MESOP permanent employees of the Company who are actively
ditawarkan. employed and meet the requirements of the MESOP
Program when offered.
Tidak ada ketentuan yang mengatur mengenai There are no provisions on early termination or extension
penghentian lebih awal atau perpanjangan Program of the MESOP Program except for the above mentioned.
MESOP kecuali ketentuan sebagaimana disebutkan di Participants of the MESOP Program will be determined
atas. Peserta Program MESOP akan ditetapkan oleh by the Company's Board of Directors no later than 14
Direksi Perseroan paling lambat 14 (empat belas) hari (fourteen) calendar days before the issuance of option
kalender sebelum diterbitkannya hak opsi untuk setiap rights for each Stage I, Stage II, Stage III, and Stage IV.
tahap I, tahap II, tahap III, dan tahap IV.
Peserta yang akan menggunakan hak opsi untuk The participants who will exercise their option rights to
membeli saham, wajib membayar secara penuh harga purchase shares are obliged to fully pay the exercise
pelaksanaan dan pajak-pajak yang timbul dalam rangka price and any taxes arising from it. The exercise costs of
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Tata Kelola Perusahaan
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pelaksanaan hak opsi tersebut. Biaya pelaksanaan the MESOP Program, other than those mentioned
dari Program MESOP selain yang disebutkan di atas above, will be borne by the Company using its internal
akan ditanggung oleh Perseroan dengan kas internal funds, and the Company will not charge these costs to
Perseroan dan Perseroan tidak akan membebankan expenses related to the implementation of the Initial
biaya tersebut ke dalam biaya-biaya terkait dengan Public Offering of Shares.
pelaksanaan Penawaran Umum Perdana Saham.
Hak opsi yang dibagikan akan terkena masa tunggu The distributed option rights will be subject to a vesting
pelaksanaan (vesting period) di mana peserta Program period, during which MESOP Program participants
MESOP belum dapat menggunakan hak opsinya untuk cannot yet exercise their option rights to purchase new
membeli saham baru Perseroan. Vesting period tahap shares of the Company. The vesting period for the first
pertama adalah sampai dengan penerbitan tahap kedua, stage is valid until the issuance of the second stage, while
sedangkan vesting period untuk tahap berikutnya adalah the vesting period for subsequent stages is 6 months as
6 bulan sejak diterbitkan atau tanggal pelaksanaan of the date of issuance or the first exercise date following
pertama sejak diterbitkan. the issuance.
Sehubungan dengan masa pelaksanaan hak opsi In regards to the exercise period of option rights, the
(exercise period), Direksi Perseroan akan menentukan Company's Board of Directors will determine a specific
periode tertentu yang akan merupakan jangka waktu period which will constitute the exercise period (exercise
pelaksanaan hak opsi (window exercise). Window window). The exercise window will be opened twice per
exercise akan dibuka sebanyak-banyaknya 2 (dua) kali year, maximum, with each exercise window having a
dalam 1 (satu) tahun di mana setiap window exercise duration of 30 (thirty) Trading Days. The procedures and
memiliki jangka waktu 30 (tiga puluh) Hari Bursa; dan guidelines for the MESOP Program will be established by
prosedur dan tata cara Program MESOP akan ditetapkan the Company's Board of Directors by taking into account
oleh Direksi Perseroan dengan memperhatikan ketentuan the applicable provisions of laws and regulations.
dan peraturan perundang-undangan yang berlaku.
Harga Pelaksanaan program MESOP Exercise Price of MESOP Program
Harga pelaksanaan (exercise price) akan ditetapkan Exercise price will be determined based on the provisions
mengacu pada ketentuan yang tercantum dalam stated in the Listing Regulations. The procedures and
Peraturan Pencatatan. Prosedur dan tata cara program manual for the MESOP program will be established by
MESOP akan ditetapkan oleh Direksi Perseroan dengan the Corporate Board of Directors, by taking into account
memperhatikan ketentuan dan peraturan perundang- the applicable laws and regulations, including provision
undangan yang berlaku, yakni sekurang-kurangnya 90% on obtaining at least 90% (ninety percent) of the average
(sembilan puluh persen) dari rata-rata harga penutupan closing price of the Company's shares over a period of
saham Perseroan selama kurun waktu 25 (dua puluh 25 (twenty-five) consecutive Bourse Days on the Regular
lima) Hari Bursa berturut-turut di Pasar Reguler sebelum Market before the listing application is submitted to the
permohonan pencatatan dilakukan ke BEI. Indonesia Stock Exchange (IDX).
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Tata Kelola Perusahaan
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pengadaan barang dan jasa
goods and services procurement
Untuk menunjang kegiatan operasional, Perseroan In supporting operational activities, the Company
memiliki mekanisme pengadaan barang dan jasa yang established a structured mechanism for goods and
dijalankan secara terstruktur sesuai pedoman dan Tata services procurement which is implemented in accordance
Kelola Organisasi (TKO) yang berlaku. with the applicable Governance Manual (TKO).
Mekanisme pengadaan barang dan jasa dimulai dari The goods and services procurement mechanism starts
permintaan barang dan jasa dari fungsi pengguna with the request for goods and services from the user
(user), yang dilengkapi dengan dokumen-dokumen function, with documents attached for meeting the
untuk memenuhi persyaratan serta dokumen pendukung requirements along with its supporting documents such
seperti Kerangka Acuan Kerja, Owner Estimate, kriteria- as the Terms of Reference, Owner Estimate, evaluation
kriteria evaluasi serta Purchase Requisition melalui sistem criteria, and Purchase Requisition through the Company's
Enterprise Resource Planning (ERP) Perseroan. Enterprise Resource Planning (ERP) system.
Setelah permintaan diterima oleh Fungsi Pengadaan dan After the request is received by the Procurement Function
dinyatakan lengkap, proses pengadaan akan dimulai and deemed complete, the procurement process will
menggunakan strategi pengadaan terbaik, efektif commence using the best, most effective, and efficient
dan efisien termasuk dalam hal menentukan metode procurement strategy, including in determining the
pengadaan barang dan jasa. method of procuring goods and services.
Metode pengadaan di PGE dapat dilaksanakan melalui Procurement method in PGE is carried out through these
beberapa cara, yaitu: following ways:
1. Penunjukan Langsung. 1. Direct Appointment.
2. Pemilihan Langsung. 2. Direct Selection.
3. Pelelangan. 3. Tender.
4. Pembelian Langsung. 4. Direct Purchase.
Selanjutnya, Fungsi Pengadaan akan menyusun dokumen Subsequently, the Procurement Function will compile
pengadaan seperti Rencana Kerja dan Syarat (RKS), procurement documents such as Work Plan and Terms,
serta Memo Usul, yang mengatur mengenai persyaratan as well as Proposal Memorandum, which regulate the
dokumen penawaran, metode evaluasi serta pembuatan requirements for bidding documents, evaluation methods,
bidder list. Pemilihan penyedia barang dan jasa and the creation of a bidder list. The selection of goods
dilaksanakan dengan mengacu kepada ketentuan Sistem and services providers is carried out in accordance with
Tata Kerja (STK). the provisions of the Work Procedure System (STK).
Pemasok yang ditunjuk atau masuk ke dalam bidder list The appointed suppliers or suppliers whose names are
harus memenuhi persyaratan yang ditentukan dan sudah listed in the bidder list are required to meet the specified
terdaftar sebagai vendor PGE, kecuali untuk metode requirements and are already registered as PGE vendors,
pengadaan tender terbuka. except for the procurement open tendering method.
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Tata Kelola Perusahaan
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Proses dilanjutkan dengan penyampaian dokumen The process continues by submitting procurement
pengadaan dan dokumen penawaran. Setelah documents and bidding documents. After conducting
melakukan evaluasi dan negosiasi yang dilakukan sesuai evaluation and negotiations in accordance with the
proses pengadaan yang dijalankan, proses dilanjutkan procurement process, it proceeds with the preparation
dengan membuat laporan proses dan hasil pengadaan of procurement process and reports as well as the
serta penunjukan pelaksana pekerjaan. Tahapan appointment of the executor. Afterwards, the contract
dilanjutkan dengan pembuatan draft kontrak dan/atau and/or a Purchase Order (PO) is made.
pembuatan Purchase Order (PO).
Dalam pelaksanaannya, proses pengadaan barang dan In the implementation, the procurement process for goods
jasa dilaksanakan melalui koordinasi dengan fungsi- and services is carried out through coordination with
fungsi terkait seperti Fungsi Legal, Fungsi Finance, Fungsi relevant functions such as the Legal Function, Finance
HSSE, dan Fungsi Manajemen Risiko serta fungsi lain Function, HSSE Function, Risk Management Function,
yang diperlukan. and other necessary functions.
Mengutamakan Pemasok Lokal Prioritizing Local Suppliers
PGE mengutamakan penggunaan produksi dalam negeri PGE prioritizes the use of domestic or local-made products,
atau lokal, rancang bangun dan perekayasaan nasional, national design and engineering, and expansion of
serta perluasan kesempatan bagi usaha kecil, terutama opportunities for small businesses, especially through
melalui sinergi Pertamina Incorporated dan/atau sinergi synergy with Pertamina Incorporated and/or synergy
BUMN, sepanjang kualitas, harga dan tujuan dapat with SOEs, as long as the quality, price, and objectives
dipertanggungjawabkan. Pemasok dari luar negeri can be justified. Overseas suppliers are used only if local
digunakan apabila pemasok lokal tidak dapat memenuhi suppliers cannot meet the Company's demands.
kebutuhan Perseroan.
Di tahun 2023, jumlah pemasok barang dan jasa In 2023, the number of suppliers of goods and services
Perseroan tercatat sebanyak 443 pemasok, meningkat to the Company reached 443 suppliers, an increase
dibandingkan tahun 2022, yakni 284 pemasok. compared to 284 suppliers in 2022. Local and national
Pemasok lokal dan nasional mencapai 403 pemasok, suppliers reached 403, accounting for 90.97% of the
atau 90,97% dari keseluruhan pemasok. total suppliers.
Pemasok Barang dan Jasa
2023 2022 2021
Goods and Services Suppliers
Lokal
Local 66 34 112
Nasional
337 234 134
National
Global 40 16 18
Total
443 284 264
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Tata Kelola Perusahaan
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Kualifikasi Pemasok PGE
2023 2022 2021
Qualification of PGE Suppliers
Pemasok Barang
Goods Suppliers 112 126 121
Pemasok Jasa
331 158 143
Service Suppliers
Total Pemasok PGE
Total PGE Suppliers 443 284 264
Kualifikasi Pemasok Lokal dan Nasional
2023 2022 2021
Qualification of Local and National Suppliers
Pemasok Barang
Goods Suppliers 102 62 59
Pemasok Jasa
288 50 38
Service Suppliers
Total Pemasok
390 112 97
Total Suppliers
Persentase Pemasok Lokal dan Nasional
Percentage of Local and National Suppliers 90,97% 42,42% 43,50%
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Tata Kelola Perusahaan
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Green Procurement dan Social Green Procurement and Social
Procurement Procurement
Perseroan berkomitmen menerapkan proses pengadaan The Company is committed to implementing a
yang bertanggung jawab. Oleh sebab kami telah responsible procurement process. We have established
membuat kebijakan pengadaan berwawasan lingkungan an environmentally friendly procurement policy or
atau green procurement, serta kebijakan pengadaan green procurement as well as a procurement policy that
yang menerapkan aspek sosial dan tata kelola yang implements social and governance aspects that must be
harus dipatuhi oleh pemasok, kontraktor, dan mitra bisnis complied with by suppliers, contractors and business
yang ingin bekerja sama dengan kami. partners who intend to work with us.
Meski demikian, untuk langkah penerapannya, saat ini Nevertheless, the Company still needs to set up the
Perseroan masih harus menetapkan kriteria ESG yang required ESG criteria in the PGE supply chain for the
dibutuhkan dalam rantai pasok PGE. Untuk itu kami implementation. Thus, we should review our key supplier
perlu melakukan peninjauan terhadap para pemasok and provide guidance on the sustainability goals that
kunci (key suppliers) dan memberikan arah keberlanjutan the Company aims to achieve. In the future, we will also
yang ingin dicapai Perseroan. Ke depannya kami juga establish monitoring processes for suppliers, contractors,
akan menetapkan proses monitoring terhadap pemasok, and partners, including through audit processes.
kontraktor, dan mitra kerja, termasuk melalui proses
audit.
Penjelasan lebih lanjut terkait kebijakan green Further information regarding PGE green procurement
procurement dan social procurement PGE terdapat pada and social procurement policies can be found in the
bab Pendorong Transformasi untuk Mendukung Bisnis Transformation Driver to Support Ethical Business chapter
yang Beretika dalam Laporan Keberlanjutan PGE 2023. of the 2023 PGE Sustainability Report.
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Tata Kelola Perusahaan
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akses informasi dan data
perseroan
.
access to company information and data
Perseroan bertanggung jawab untuk memberikan The Company is responsible for providing information
informasi secara transparan, hati-hati, dan tetap menjaga in a transparent, prudent, and confidential manner
kerahasiaan mengenai kegiatan bisnis dan operasional. regarding business and operational activities. Information
Informasi mengenai hal-hal tersebut dipublikasikan pada on these matters is published on a website, namely
situs web Perseroan yaitu www. pge.pertamina.com, www. pge.pertamina.com, Annual Report, E-Magazine
Laporan Tahunan, E-Magazine (Energia), serta kegiatan- (Energia), and exhibition activities. The Company always
kegiatan pameran. Perseroan berupaya untuk senantiasa provides information in a timely, relevant, adequate,
memberikan informasi secara tepat waktu, relevan, clear, accurate, and easily accessible manner for all
memadai, jelas, akurat, dan mudah diakses oleh seluruh stakeholders.
pemangku kepentingan.
Untuk penjelasan lebih lanjut terkait informasi dan data For further explanation about the Company information
Perseroan dapat menghubungi: and data, you can contact:
SEKRETARIS PERUSAHAAN CORPORATE SECRETARY
Grha Pertamina - Tower Pertamax Lt. 7 Jl. Medan Grha Pertamina - Tower Pertamax Lt. 7 Jl. Medan
Merdeka Timur No. 11-13 Gambir, Jakarta Pusat 10110 Merdeka Timur No. 11-13 Gambir, Jakarta Pusat 10110
T: (021) 3983 3222 T: (021) 3983 3222
F: (021) 3983 3230 F: (021) 3983 3230
E: commpge@Pertamina.com E: commpge@Pertamina.com
W: www.pge.pertamina.com W: www.pge.pertamina.com
Call Center: 135 Call Center: 135
Instagram: @pge.pertamina Instagram: @pge.pertamina
Facebook Fan Page: pge.pertamina Facebook Fan Page: pge.pertamina
Facebook: Pertamina Geothermal Energy Facebook: Pertamina Geothermal Energy
YouTube: pge.pertamina YouTube: pge.pertamina
X: pgepertamina X: pgepertamina
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penerapan atas pedoman gcg
implementation of gcg manual
Secara berkala Perseroan melakukan evaluasi penerapan The Company periodically evaluates the
GCG baik melalui penilaian oleh asesor GCG eksternal, implementation of GCG through assessments either
maupun penilaian mandiri (self-assessment) terhadap by external GCG assessors or self-assessment of
beberapa parameter. Hasil penilaian kemudian digunakan several parameters. The results of the assessment
untuk melakukan perbaikan-perbaikan yang dibutuhkan. are then used to make necessary improvements
Di tahun 2023 untuk pertama kalinya PGE melakukan In 2023, PGE carried out a self-assessment for the first time
self-assessment evaluasi penerapan GCG berdasarkan evaluating the GCG implementation based on Regulation
Peraturan Otoritas Jasa Keuangan (POJK) No. 21/ of the Financial Services Authority (POJK) No. 21/
POJK.04/2015 tentang Penerapan Pedoman Tata POJK.04/2015 on Implementation of Public Company
Kelola Perusahaan Terbuka dan Surat Edaran Otoritas Governance Manual and Circular of the Financial
Jasa Keuangan (SEOJK) No. 32/SEOJK.04/2015 Services Authority (SEOJK) No. 32/SEOJK.04/2015
tentang Pedoman Tata Kelola Perusahaan Terbuka. on Public Company Governance Manual.
Perseroan untuk pertama kalinya juga melakukan The Company also conducted a self-assessment for
self-assessment evaluasi penerapan GCG berdasarkan the first time evaluating the GCG implementation
Pedoman Umum Governansi Korporat Indonesia based on the 2021 Indonesian Corporate Governance
(PUGKI) 2021 yang diterbitkan oleh Komite Nasional Manual (PUGKI) issued by the National Committee for
Kebijakan Governansi (KNKG), sebagai sarana Governance Policy (KNKG), as a means of strengthening
penguatan penerapan tata kelola perusahaan the implementation of good corporate governance in
yang baik sesuai prinsip-prinsip governansi korporat accordance with the principles of corporate governance
dari perspektif kalangan bisnis di Indonesia. from the perspective of business circles in Indonesia.
Setiap dua tahun sekali (terakhir di tahun 2022), Every two years (most recently in 2022), the Company
Perseroan juga melakukan evaluasi penerapan GCG also evaluated the GCG implementation based on
berdasarkan parameter yang mengacu kepada Surat parameters that refer to Decree of the Secretary of
Keputusan Sekretaris Kementerian BUMN Nomor SK- the Ministry of SOEs Number SK-16/S.MBU/2012 on
16/S.MBU/2012 tentang Indikator atau Parameter Indicators or Parameters for Assessment and Evaluation
Penilaian dan Evaluasi atas Penerapan Tata Kelola of the Implementation of Good Corporate Governance
Perusahaan yang Baik (Corporate Governance) pada in State-Owned Enterprises.
Badan Usaha Milik Negara.
Pada 16 Agustus 2023, Kementerian BUMN menerbitkan On August 16, 2023, the Ministry of SOEs issued
Surat Keputusan Sekretaris Kementerian Badan Usaha Decree of the Secretary of the Ministry of State-
Milik Negara No. SK-12/S.MBU/08/2023 tentang Owned Enterprises No. SK-12/S.MBU/08/2023
Pencabutan Keputusan Sekretaris Kementerian BUMN on the Revocation of Decree of the Secretary of the
Nomor SK-16/S.MBU/2012. Ministry of SOEs Number SK-16/S.MBU/2012.
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Meski demikian, hingga laporan ini diterbitkan belum Nevertheless, until this report was published there were no
terdapat ketentuan parameter GCG BUMN baru yang provisions for new SOEs GCG parameters that had been
ditetapkan sebagai pengganti SK-16/S.MBU/2012. established as a replacement for SK-16/S.MBU/2012.
Oleh karena itu, pelaksanaan evaluasi GCG tahun 2023 Therefore, the implementation of the GCG evaluation in
atas tindak lanjut hasil penilaian di tahun 2022, masih 2023 as a follow-up to the assessment results in 2022
mengacu kepada parameter yang ditetapkan oleh SK- still refers to the parameters set by SK-16/S.MBU/2012,
16/S.MBU/2012, hingga dikeluarkannya parameter until the issuance of new parameters.
yang baru.
Di tahun 2023 Perseroan juga telah mempersiapkan In 2023, the Company has also prepared an evaluation
pelaksanaan evaluasi penerapan GCG berdasarkan of GCG implementation based on the Asean Corporate
parameter Asean Corporate Governance Scorecards Governance Scorecards (ACGS) parameters, which
(ACGS), yang akan dipublikasikan di dalam Laporan will be published in the 2024 PGE Annual Report. The
Tahunan PGE 2024. Tujuannya agar Perseroan dapat aim is for the Company to improve the standards for
meningkatkan standar penerapan GCG sesuai standar implementing GCG according to the standards of public
perusahaan terbuka di ASEAN. companies in ASEAN.
Parameter BUMN SOEs Parameter
Perseroan melakukan penilaian atau assessment The Company carries out an assessment of the
penerapan atas pedoman GCG menggunakan kriteria implementation of the GCG manual using criteria based
berdasarkan standar alat uji Keputusan Sekretaris Menteri on standard test tools of the Decree of the Secretary to
BUMN Nomor SK-16/S.MBU/2012 tentang Indikator the Minister of SOEs Number SK-16/S.MBU/2012 on
atau Parameter Penilaian dan Evaluasi Atas Penerapan Indicators or Parameters for Assessment and Evaluation of
Tata Kelola Perusahaan yang Baik (GCG) pada the GCG Implementation in SOEs, which aims to assess
BUMN, yang bertujuan untuk menilai hasil implementasi the results of GCG implementation in the Company. The
GCG di Perseroan. Assessment dilakukan setiap dua assessment is carried out every two years, with the last
tahun, dan terakhir telah dilakukan pada tahun 2022. carried out in 2022.
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Kriteria Penilaian Assessment Criteria
Indikator penilaian GCG Assessment meliputi enam The GCG Assessment indicators include six main aspects,
aspek pokok yaitu: namely:
1. Komitmen Terhadap Penerapan Tata Kelola 1. Commitment to the Sustainable Implementation of
Perusahaan yang Baik Secara Berkelanjutan; Good Corporate Governance;
2. Pemegang Saham dan RUPS; 2. Shareholders and GMS;
3. Dewan Komisaris; 3. the Board of Commissioners;
4. Direksi; 4. the Board of Directors;
5. Pengungkapan Informasi dan Transparansi; 5. Information Disclosure and Transparency;
6. Aspek Lain. 6. Other Aspects.
Pihak yang Melakukan Assessment Party Carrying Out Assessment and
dan Hasil Assessment Assessment Results
Pihak yang melakukan Assessment atas penerapan GCG The party carrying out the assessment of the Company’s
Perseroan pada tahun 2022 adalah PT Sinergi Daya GCG implementation in 2022 was PT Sinergi Daya Prima,
Prima, dengan hasil skor GCG Assessment mencapai with a GCG Assessment score reaching 93.130. This
93,130. Capaian tersebut lebih rendah dari tahun 2020 achievement was lower than in 2020 of 94,906 due to
yang sebesar 94,906 disebabkan oleh perubahan status the change in the Company’s status to a public company
Perseroan menjadi perusahaan terbuka dalam rangka in the context of an Initial Public Offering (IPO). During the
Initial Public Offering (IPO). Pada masa transisi Perseroan transition period, the Company simultaneously updates
secara simultan melakukan updating peraturan dan internal regulations and policies that are adjusted to the
kebijakan internal yang disesuaikan dengan Anggaran Articles of Association, regulations, and best practices in
Dasar, regulasi, dan best practices di Pasar Modal. the Capital Market. The next GCG Assessment will be
Pelaksanaan GCG Assessment berikutnya dilaksanakan carried out in 2024.
pada tahun 2024.
Keputusan Sekretaris Menteri BUMN Nomor SK-16/S. Decree of the Secretary to the Minister of SOEs Number
MBU/2012 tanggal 6 Juni 2012 tentang Indikator/ SK-16/S.MBU/2012 dated June 6, 2012 on Indicators/
Parameter Penilaian dan Evaluasi atas Penerapan Parameters for Assessment and Evaluation of the
Tata Kelola Perusahaan yang Baik (Good Corporate Implementation of Good Corporate Governance in State-
Governance) pada Badan Usaha Milik Negara telah Owned Enterprises has been revoked by the issuance of
dicabut oleh SK-12/S.MBU/08/2023. SK-12/S .MBU/08/2023.
Namun karena belum terdapat penetapan indikator However, since new indicators or parameters from the
atau parameter yang baru dari Kementerian BUMN, Ministry of SOEs have not yet been determined, the
maka pelaksanaan penilaian dan evaluasi GCG tahun implementation of the 2023 GCG assessment and
2023 PGE dihentikan dahulu sampai dengan terbitnya evaluation for PGE is temporarily halted until the issuance
keputusan dari Kementerian BUMN. of a decision from the Ministry of SOEs.
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Tata Kelola Perusahaan
Good Corporate Governance
Skor Penilaian Assessment GCG
GCG Assessment Score
Tahun Buku Assessment GCG Skor Kategori Pelaksana
GCG Assessment Fiscal Year Score Category Assesor
2022 93,130 Sangat Baik | Very Good PT Sinergi Daya Prima
2020 94,906. Sangat Baik | Very Good PT Multi Utama Indojasa
2018 93,988 Sangat Baik | Very Good PT Multi Utama Indojasa
2016 92,423 Sangat Baik | Very Good PT Multi Utama Indojasa
Hasil Penilaian GCG 2022
GCG Assessment Results 2022
Persentase
Skor Capaian pencapaian
Klasifikasi
Bab Aspek Pengujian GCG Assessment Bobot 2023 2023
Classification
Chapter GCG Assessment Testing Aspects Maximum Score Achieved Score Achievement
2023 Percentage 2023
I Komitmen Terhadap Penerapan Tata Kelola Perusahaan 7,000 6,772 96,74% Sangat Baik
Secara Berkelanjutan Very Good
Commitment to the Sustainable Implementation of
Corporate Governance
II Pemegang Saham dan Rapat Umum Pemegang Saham 9,000 8,716 96,84% Sangat Baik
Shareholders and General Meeting of Shareholders Very Good
Dewan Komisaris 35,000 32,030 91,52% Sangat Baik
III The Board of Commissioners Very Good
Direksi 35,000 32,317 92,33% Sangat Baik
IV The Board of Directors. Very Good
Pengungkapan Informasi dan Transparansi 9,000 8,479 94,21% Sangat Baik
V Information Disclosure and Transparency Very Good
Aspek Lainnya 5,000 4,821 96% Sangat Baik
VI Other Aspects Very Good
100,000 93,135 93,13% Sangat Baik
Total Skor
Very Good
Total Score
622 elevate Laporan Tahunan 2023 Annual Report
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Tata Kelola Perusahaan
Good Corporate Governance
Area Of Improvement (AOI) Area of Improvement (AOI)
Berdasarkan hasil GCG Assessment tahun buku 2022 Based on the results of the GCG Assessment for the 2022
terdapat beberapa aspek area of improvement atau financial year, there are several Areas of Improvement or
rekomendasi antara lain terkait: recommendations, including:
1. Aspek Komitmen Terhadap Penerapan Tata Kelola 1. Aspect of Commitment to Sustainable Implementation
Secara Berkelanjutan of Governance
a. Mengesahkan Draft Pedoman Perusahaan, a. Ratify the Draft Corporate Manual, among
antara lain: others:
1) Pedoman Tata Kelola Perusahaan yang 1) Good Corporate Governance Manual;
Baik;
2) Pedoman Etika Usaha dan Tata Perilaku 2) Manual for Code of Business Ethics and
(Code of Conduct); Code of Conduct;
3) Board Manual agar dapat menjadi 3) Board Manual so that it can serve as a
panduan kerja bagi Dewan Komisaris dan work guide for the Board of Commissioners
Direksi. and the Board of Directors.
b. Melengkapi tugas Sekretaris Perusahaan b. Complete the duties of the Corporate Secretary
sebagai penanggung jawab dalam penerapan as the person-in-charge for implementing and
dan pemantauan GCG, termasuk melakukan monitoring GCG, including coordinating with
koordinasi dengan Direktur Keuangan selaku the Director of Finance as Coordinator of GCG
Koordinator Penerapan dan Pemantauan GCG. Implementation and Monitoring.
c. Meningkatkan tingkat pemahaman yang baik c. Increase the level of good understanding of
terhadap Pedoman Tata Kelola yang Baik dan the Good Governance Manual and Code of
Pedoman Perilaku oleh pekerja Perseroan. Conduct by Company employees.
2. Aspek Pemegang Saham dan RUPS 2. Aspect of Shareholders and GMS
a. Mengatur dan menetapkan jumlah maksimum a. Regulate and determine the maximum number
jabatan Komisaris di perusahaan lain yang boleh of Commissioner positions in other companies
dirangkap oleh anggota Dewan Komisaris. that may be held concurrently by members of
the Board of Commissioners.
b. Memastikan persetujuan RJPP dan RKAP b. Ensure that approval of RJPP and RKAP is
dilakukan tidak melampaui batas waktu carried out without exceeding the approval time
persetujuan sesuai ketentuan AD Perusahaan. limit in accordance with the provisions of the
Company’s Articles of Association.
c. Memberikan penilaian kinerja anggota Direksi c. Assess the performance of members of the
(Individu) berdasarkan laporan kinerja Direksi Board of Directors (Individuals) based on the
dan mempertimbangkan tanggapan Dewan performance report of the Board of Directors
Komisaris atas kinerja anggota Direksi tersebut. and consider the Board of Commissioners’
(WP II.10.30) response to the performance of the members of
the Board of Directors. (WP II.10.30)
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Tata Kelola Perusahaan
Good Corporate Governance
3. Aspek Dewan Komisaris 3. Aspect of the Board of Commissioners
a. Mencantumkan hal-hal sebagai berikut: a. Include the following matters:
1) Hasil telaah atau pendapat dari 1) The results of the review or opinion of
Komite Dewan Komisaris mengenai the Board of Commissioners Committee
kebijakan akuntansi dan penyusunan regarding accounting policies and
Laporan Keuangan sesuai dengan preparation of Financial Reports in
standar akuntansi yang berlaku umum accordance with generally accepted
di Indonesia (SAK) sesuai dengan accounting standards in Indonesia (GAAS)
kebijakan internal Perusahaan. in accordance with the Company’s internal
policies.
2) Hasil telaah atau pendapat dari 2) The results of the review or opinion of
Komite Dewan Komisaris mengenai the Board of Commissioners Committee
pengawasan Dewan Komisaris terhadap regarding the Board of Commissioners’
kepatuhan Direksi dalam menjalankan supervision of the Board of Directors’
peraturan perundangan yang berlaku compliance in implementing applicable
dan perjanjian dengan pihak ketiga. laws and regulations and agreements with
third parties.
b. Mengesahkan draft Board Manual yang telah b. Ratify the draft Board Manual which has been
disesuaikan dengan Anggaran Dasar Perseroan adjusted to the Articles of Association of the
terkait: relevant Company:
1) Pengaturan persetujuan RJPP, agar dapat 1) Arrangements for RJPP approval, so that it
menjadi panduan kerja bagi Dewan can serve as a work guide for the Board of
Komisaris dan Direksi. Commissioners and the Board of Directors.
2) Perbuatan Direksi yang Memerlukan 2) Directors’ action that require written
Persetujuan Tertulis Dewan Komisaris approval from the Board of Commissioners
agar dapat menjadi panduan kerja so that it can serve as a work guide for the
bagi Dewan Komisaris dan Direksi. Board of Commissioners and the Board od
Directors.
c. Mengingatkan Direksi untuk menyampaikan c. Remind the Board of Directors to submit the
RKAP secara tepat waktu. RKAP in a timely manner.
d. Memberikan simpulan yang menyatakan bahwa d. Provide conclusions stating that the draft RKAP is
rancangan RKAP selaras dan/atau tidak selaras in harmony and/or not in harmony with the RJPP.
dengan RJPP.
e. Melakukan telaah terhadap kebijakan sistem e. Review the Company’s information technology
teknologi informasi Perseroan agar sesuai system policies so that they are in accordance
dengan rencana kerja yang telah ditetapkan. with the established work plans.
f. Mengatur dan menetapkan hal-hal sebagai f. Arrange and determine the following matters:
berikut:
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Tata Kelola Perusahaan
Good Corporate Governance
1) Rencana kerja mengenai pengawasan dan 1) Work plan regarding supervision and
pemberian nasihat terhadap kebijakan providing advice on accounting policies
akuntansi dan penyusunan Laporan and preparation of Financial Reports.
Keuangan.
2) Kebijakan pengelolaan Anak Perusahaan 2) Subsidiary or joint venture management
atau perusahaan patungan, antara lain: policies, among others:
a) Kebijakan Dewan Komisaris mengenai a) The Board of Commissioners’ policy
pengawasan dan pemberian nasihat regarding supervision and providing
terhadap kebijakan pengelolaan advice on the management policies
Anak Perusahaan atau perusahaan of Subsidiaries or joint ventures and
patungan dan pelaksanaan the implementation of these policies.
kebijakan tersebut.
b) Rencana pembahasan mengenai b) Discussion plan regarding
kebijakan pengelolaan Anak management policies of Subsidiaries
Perusahaan atau perusahaan or joint venture companies and their
patungan dan pelaksanaannya. implementation.
c) Peran Dewan Komisaris, antara lain: c) The role of the Board of
Commissioners, among others:
i. Dalam pengangkatan i. In appointing members of the
anggota Direksi dan Dewan Board of Directors and the Board
Komisaris Anak Perusahaan of Commissioners of Subsidiaries
atau perusahaan patungan. or joint ventures.
ii. Penilaian terhadap proses ii. Assessment of the process of
pengangkatan anggota appointing members of the
Direksi dan Dewan Komisaris Board of Directors and the Board
Anak Perusahaan atau of Commissioners of Subsidiaries
perusahaan patungan. or joint ventures.
iii. Ketentuan dan jangka iii. Provisions and time periods
waktu terkait penetapan related to written determination
tertulis terhadap proses of the appointment process
pengangkatan anggota for members of the Board of
Direksi dan Dewan Komisaris Directors and the Board of
Anak Perusahaan atau Commissioners of Subsidiaries
perusahaan patungan. or joint ventures.
3) Kebijakan terkait pernyataan tidak 3) The policy regarding the statement of
memiliki benturan kepentingan oleh no conflicts of interest by the Board of
Dewan Komisaris ditandatangani pada Commissioners is signed at the beginning
awal pengangkatan yang diperbaharui of the appointment which is updated at the
setiap awal tahun dalam pedoman beginning of each year according to the
internal Perusahaan. Company’s internal manual.
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Good Corporate Governance
g. Mengevaluasi kinerja Auditor Eksternal sesuai g. Evaluate the performance of the External Auditor
dengan ketentuan dan standar yang berlaku. in accordance with applicable provisions and
standards.
h. Memberikan pendapat dan saran bagi RUPS h. Provide opinions and suggestions to the GMS
dalam hal pengangkatan dan pemberhentian regarding the appointment and dismissal of
anggota Direksi, sesuai dengan ketentuan dalam members of the Board of Directors, in accordance
Board Manual. with the provisions in the Board Manual.
i. Memberikan penilaian terhadap kinerja Direksi i. Provide an assessment of the performance
secara individual dan menyampaikannya kepada of the Directors individually and submit it to
Pemegang Saham. Shareholders.
j. Melengkapi Rencana Kerja Dewan Komisaris j. Complete the Board of Commissioners’ Work
terkait dengan kajian dan usulan remunerasi Direksi Plan related to the review and proposal for
serta melakukan telaah dan menyampaikan usulan Directors’ remuneration as well as review
remunerasi Direksi sesuai ketentuan yang berlaku. and submit recommendations for Directors’
remuneration in accordance with applicable
regulations.
k. Menyampaikan hasil telaah Dewan Komisaris k. Submit the results of the Board of Commissioners’
mengenai usulan remunerasi kepada Pemegang review of remuneration proposals to the
Saham Pengendali. Controlling Shareholders.
l. Membuat dan menandatangani Pakta Integritas l. Create and sign an Integrity Pact by all members
oleh seluruh anggota Dewan Komisaris yang of the Board of Commissioners which is attached
dilampirkan dalam usulan tindakan Direksi to the proposed action of the Board of Directors
yang harus mendapatkan persetujuan dari which must obtain approval from the Board of
Dewan Komisaris dan/atau rekomendasi Commissioners and/or recommendation from the
dari Dewan Komisaris dan persetujuan RUPS. Board of Commissioners and approval from the
GMS.
m. Melakukan pengukuran dan penilaian kinerja di m. Carry out performance measurements and
antara masing-masing anggota Dewan Komisaris assessments among each member of the Board of
dan dituangkan dalam Risalah Rapat Dewan Commissioners and include them in the Minutes
Komisaris, serta menyampaikannya kepada of Board of Commissioners Meetings, and submit
Pemegang Saham. them to Shareholders.
n. Menyusun laporan triwulanan masing-masing n. Prepare quarterly reports for each Committee of
Komite Dewan Komisaris secara terpisah. the Board of Commissioners separately.
4. Aspek Direksi 4. Aspect of the Board of Directors
a. Melengkapi uraian penilaian jabatan, dengan a. Complete the job assessment description, with
tingkat kemampuan seperti tingkat pendidikan, the level of ability such as the level of education,
pengalaman dan skill yang diperlukan dalam experience, and skills required to fill in a position.
menduduki suatu jabatan.
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Tata Kelola Perusahaan
Good Corporate Governance
b. Mengesahkan draft Board Manual, terkait: b. Ratify draft Board Manual, related to:
1) Mengatur mengenai standar waktu tingkat 1) Regulate time standards for the immediacy
kesegeraan pengambilan keputusan of the Board of Directors’ decision making
Direksi untuk mengkomunikasikan kepada to communicate to organizational levels
tingkatan organisasi di bawah Direksi, below the Board of Directors, so that it
agar dapat menjadi panduan kerja bagi can serve as a work guide for the Board of
Dewan Komisaris dan Direksi. Commissioners and the Board of Directors.
2) Disesuaikan dengan Anggaran Dasar 2) Adjusted to the Company’s Articles of
Perseroan terkait pengaturan persetujuan Association regarding RJPP approval
RJPP, agar dapat menjadi panduan arrangements, so that it can serve as a
kerja bagi Dewan Komisaris dan Direksi. work guide for the Board of Commissioners
and the Board of Directors.
3) Mengatur ketentuan terkait pernyataan 3) Regulate provisions regarding the
tidak memiliki benturan kepentingan statement of no conflicts of interest by the
oleh Direksi ditandatangani pada awal Board of Directors signed at the beginning
pengangkatan yang diperbaharui setiap of the appointment which is renewed at
awal tahun, agar dapat menjadi panduan the beginning of each year, so that it can
kerja bagi Dewan Komisaris dan Direksi. serve as a work guide for the Board of
Commissioners and the Board of Directors.
c. Mengesahkan draft COCG dan Board Manual c. Ratify draft COCG and Board Manual which
yang telah disesuaikan dengan Anggaran has been adjusted to the Company’s Articles
Dasar Perseroan terkait pengaturan persetujuan of Association regarding RKAP approval
RKAP, agar dapat menjadi panduan arrangements, so that it can serve as a work
kerja bagi Dewan Komisaris dan Direksi. guide for the Board of Commissioners and the
Board of Directors.
d. Memenuhi ketentuan Anggaran Dasar d. Fulfill the provisions of the Company’s Articles
Perseroan terkait jangka waktu penyampaian of Association regarding the time period
RKAP kepada Dewan Komisaris dan Pemegang for submitting the RKAP to the Board of
Saham Pengendali. Commissioners and Controlling Shareholders.
e. Mengisi jabatan yang masih lowong di e. Fill in vacant positions in the Company’s
organisasi Perseroan. organization.
f. Meningkatkan hal-hal sebagai berikut: f. Improve stuffs as follows:
1) Tingkat kesesuaian penerapan TI dengan 1) The level of conformity of IT application
kebutuhan Perseroan. with the Company’s needs.
2) Upaya untuk menindaklanjuti 2) Efforts to follow up on Internal Audit
rekomendasi/ temuan Audit Internal. recommendations/findings.
g. Menyusun hal-hal sebagai berikut: g. Arrange stuffs as follows:
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Tata Kelola Perusahaan
Good Corporate Governance
1) Kebijakan pengaturan untuk Anak 1) Regulatory policies for Subsidiaries and
Perusahaan dan perusahaan patungan joint ventures (subsidiary governance).
(subsidiary governance).
2) Rencana rapat Direksi dan agenda yang 2) The Board of Directors meeting plans and
akan dibahas. agenda to be discussed.
3) Laporan pelaksanaan tugas Sekretaris 3) Reports on the implementation of the
Perusahaan yang dilakukan secara Corporate Secretary’s duties periodically.
berkala.
h. Menetapkan hal-hal sebagai berikut: h. Stipulate stuffs as follows:
1) Target kinerja dan realisasi kinerja Anak 1) Performance targets and performance
Perusahaan atau perusahaan patungan. realization of Subsidiaries or joint venture
companies.
2) Piagam Internal Audit setelah 2) Internal Audit Charter after considering
mempertimbangkan saran-saran dari suggestions from the Board of
Dewan Komisaris. Commissioners.
i. Memperbarui kebijakan terkait penetapan i. Update policies related to the determination
remunerasi Direksi dan Dewan Komisaris of remuneration for the Board of Directors and
Anak Perusahaan dan perusahaan patungan the Board of Commissioners of Subsidiaries and
sejalan dengan perubahan Pemegang Saham. joint venture companies in line with changes in
Shareholders.
j. Memperhatikan hal-hal sebagai berikut: j. Pay attention to stuffs as follows:
1) Pedoman Akuntansi Pemegang Saham 1) Accounting Manual for Controlling
Pengendali yang digunakan sebagai acuan Shareholders used as a reference in
dalam penyusunan laporan keuangan. preparing financial reports.
2) Pedoman Pendanaan PT Pertamina (Persero) 2) PT Pertamina (Persero) Funding Manual
yang digunakan sebagai acuan manajemen is used as a management reference in
dalam pengelolaan penggunaan pinjaman managing the use of long-term loans.
jangka Panjang.
k. Memastikan hal-hal sebagai berikut: k. Ensure stuffs as follows:
1) Seluruh anggota Direksi telah melaporkan 1) All members of the Board of Directors
kepada Perseroan mengenai kepemilikan have reported to the Company regarding
sahamnya dan/atau keluarganya (istri/ their share ownership and/or their families
suami dan anak-anaknya). (spouse and children).
2) Risalah Rapat Direksi telah ditandatangani 2) The minutes of the Board of Directors
oleh seluruh anggota Direksi yang hadir Meeting have been signed by all members
maupun yang dikuasakan kehadirannya, of the Board of Directors who were present
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Tata Kelola Perusahaan
Good Corporate Governance
sebagaimana tercantum dalam Board or whose attendance was authorized, as
Manual Bab III Angka 12 Huruf i poin 9). stated in the Board Manual Chapter III
Number 12 Letter i point 9).
3) Terdapat saran-saran dari Dewan Komisaris 3) There are suggestions from the Board of
sebagai bahan pertimbangan dalam Commissioners as material for consideration
penyusunan Internal Audit Charter. in the preparation of Internal Audit Charter.
4) Peningkatan kualitas fungsi internal Audit 4) Improve the quality of the internal audit
dengan menerima laporan hasil Periodic function by receiving reports on the results
Quality Assessment (PQA) yang dilakukan of the Periodic Quality Assessment (PQA)
oleh PT Pertamina (Persero). carried out by PT Pertamina (Persero).
5) Penyampaian laporan pelaksanaan tugas 5) Submission of reports on the implementation
Internal Audit ditujukan kepada Dewan of Internal Audit duties is addressed to the
Komisaris sebagaimana ketentuan dalam Board of Commissioners as stipulated in the
Piagam Audit Internal Angka 6 Pelaporan Internal Audit Charter Number 6 Reporting
dan Pemonitoran. and Monitoring.
6) Risalah Rapat Direksi memuat dinamika 6) The minutes of the Board of Directors’
rapat (jalannya rapat), hasil evaluasi atas meeting contain the course of the meeting,
pelaksanaan keputusan rapat sebelumnya the results of the evaluation of the
dan keputusan rapat sebelumnya. implementation of the previous meeting’s
decisions and the decisions of the previous
meeting.
l. Membuat dan menandatangani Pakta l. Create and sign an Integrity Pact by all members
Integritas oleh seluruh anggota Direksi yang of the Board of Directors which is attached
dilampirkan dalam usulan tindakan Direksi to the Board of Directors’ proposed action
yang harus mendapatkan persetujuan dari which must obtain approval from the Board of
Dewan Komisaris dan/atau rekomendasi Commissioners and/or recommendation from
dari Dewan Komisaris dan persetujuan RUPS. the Board of Commissioners and approval from
the GMS.
m. Melampirkan surat kuasa dalam risalah m. Attach a power of attorney to the minutes of the
rapat sebagai bentuk keterwakilan anggota meeting as a form of representation for members
Direksi yang tidak bisa hadir dalam rapat dan of the Board of Directors who cannot attend
memberikan suara dalam rapat (rapat yang the meeting and vote at the meeting (meetings
membutuhkan kuorum), sebagaimana tercantum that require a quorum), as stated in the Board
dalam Board Manual Bab III Angka 12 Huruf i Manual Chapter III Number 12 Letter i point 8).
poin 8).
5. Aspek Pengungkapan Informasi dan Transparansi 5. Aspect of Information Disclosure and Transparency
a. Memastikan Laporan tahunan yang a. Ensure that the annual report published on the
dipublikasikan dalam website Perseroan memuat Company’s website contains information related
informasi terkait Laporan pelaksanaan tanggung to the report on the implementation of social
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Tata Kelola Perusahaan
Good Corporate Governance
jawab sosial dan lingkungan, sebagaimana and environmental responsibility, as regulated
diatur dalam Undang-Undang RI Nomor: 40 in Law of the Republic of Indonesia Number:
Tahun 2007 tanggal 16 Agustus 2007 tentang 40 of 2007 dated August 16, 2007 on Limited
Perseroan Terbatas. Liability Companies.
b. Memastikan bahwa Laporan Tahunan b. Ensure that the Company’s Annual Report
Perusahaan memuat informasi antara lain: contains information, among others:
1) Informasi keuangan (laporan posisi 1) Financial information (statement of
keuangan, laporan laba rugi komprehensif, financial position, comprehensive income
rasio-rasio keuangan secara umum dan statement, general financial ratios and
yang relevan dengan industri Perusahaan) those relevant to the Company’s industry) in
dalam bentuk perbandingan selama 5 comparative form for 5 (five) financial years.
(lima) tahun buku.
2) Informasi mengenai ada atau tidaknya 2) Information on whether or not there are
obligasi yang diterbitkan Perseroan dalam bonds issued by the Company in the Annual
Laporan Tahunan. Report.
3) Uraian Komite-Komite Dewan Komisaris 3) Description of the Board of Commissioners
pada bagian Laporan Dewan Komisaris. Committees in the Board of Commissioners
Report section.
4) Uraian mengenai perubahan susunan 4) Description of changes to the composition
Dewan Komisaris pada bagian Laporan of the Board of Commissioners in the Board
Dewan Komisaris. of Commissioners Report section.
5) Uraian mengenai perubahan susunan 5) Description of changes to the composition
Direksi pada bagian Laporan Direksi. of the Board of Directors in the Directors
Report section.
6) Nama pengisi jabatan dalam struktur 6) Names of position holders in the Company’s
organisasi Perseroan pada bagian profil organizational structure in the Company
Perusahaan. profile section.
c. Memastikan Laporan Tahunan bagian Analisis c. Ensure that the Annual Report Management
dan Pembahasan Manajemen dilengkapi Analysis and Discussion section is equipped with
dengan informasi, yaitu: information, namely:
1) Informasi profitabilitas per segmen usaha. 1) Profitability information per business
segment.
2) Informasi keuangan yang telah dilaporkan
yang mengandung kejadian yang sifatnya 2) Financial information that has been reported
luar biasa dan jarang terjadi. contains extraordinary and rare events.
3) Informasi tentang dampak perubahan 3) Information on the impact of price changes
harga terhadap penjualan pendapatan on the Company’s net sales revenue.
bersih Perusahaan.
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Tata Kelola Perusahaan
Good Corporate Governance
d. Memastikan Laporan Berkelanjutan Perseroan d. Ensure that the Company’s Sustainability Report
memuat informasi terkait biaya yang dikeluarkan contains information regarding costs incurred
berkaitan dengan tanggung jawab sosial related to the Company’s social responsibility
Perseroan dan komitmen Perseroan terhadap and the Company’s commitment to consumer
perlindungan konsumen. protection.
Praktik Bad Corporate Governance Bad Corporate Governance Practices
Perseroan menyadari bahwa praktik-praktik bad The Company realizes that bad corporate governance
corporate governance akan mengganggu sistem GCG practices will disrupt the Good Governance (GCG)
yang telah dibangun oleh Perseroan. Selama tahun system that has been built by the Company. Therefore,
2023, Perseroan tidak melakukan segala tindakan during 2023, the Company did not take any actions and
serta kebijakan yang berkaitan dengan praktik itu yang policies relating to the practice shown in the table as
ditunjukkan pada tabel sebagai berikut: follows:
Praktik Bad Corporate Governance
Bad Corporate Governance Practices
Keterangan Praktik
No
Description Practice
Adanya laporan sebagai perusahaan yang mencemari lingkungan
Nihil | Nil
1 Reports stating that the Company polluted the environment
Perkara penting yang sedang dihadapi oleh Perseroan, entitas anak, anggota Direksi,
dan/ atau anggota Dewan Komisaris yang sedang menjabat tidak diungkapkan dalam
Laporan Tahunan
2 Important matters facing the Company, subsidiaries, current members of the Board of Nihil | Nil
Directors and/or current members of the Board of Commissioners were not disclosed in the
Annual Report
Ketidakpatuhan dalam pemenuhan kewajiban perpajakan
Nihil | Nil
3 Non-compliance in fulfilling tax obligations
Ketidaksesuaian penyajian Laporan Tahunan dan Laporan Keuangan dengan peraturan
yang berlaku dan SAK
4 Mismatch of presentation of the Annual Report and Financial Report with applicable Nihil | Nil
regulations and Indonesian GAAP
Kasus terkait buruh dan karyawan
5 Cases related to workers and employees Nihil | Nil
Tidak terdapat pengungkapan segmen operasi pada perusahaan listed
There was no disclosure of operating segments in listed companies
6 Nihil | Nil
Terdapat ketidaksesuaian antara Laporan Tahunan hardcopy dengan Laporan Tahunan
softcopy
7 Nihil | Nil
There was a discrepancy between the Annual Report’s hardcopy and softcopy
elevate Laporan Tahunan 2023 Annual Report 631
Page 632
Tata Kelola Perusahaan
Good Corporate Governance
Transparansi Penyampaian Laporan
Transparency in Submission of Reports
Laporan Tahunan PT Pertamina (Persero)
Annual Report
Laporan Keuangan PT Pertamina (Persero)
Financial Report
Laporan Bulanan PT Pertamina (Persero)
Monthly Report
RKAP dan Buku RKAP Revisi PT Pertamina (Persero)
RKAP and Revised RKAP Book
Laporan Top Risk dan Laporan Monitoring Risiko Proyek Prioritas ● Subholding Power & New and Renewable Energy
Top Risk Report and Priority Project Risk Monitoring Report ● PT Pertamina (Persero)
Laporan Monitoring Performance 4 Pilar Quality Management Subholding Power & New and Renewable Energy
Performance Monitoring Report for 4 Pillars of Quality
Management
Laporan Rencana Kerja dan Anggaran Biaya (RKAB) EBTKE Kementerian ESDM
Work Plan and Cost Budget Report (RKAB) EBTKE Ministry of Energy and Mineral Resources
Laporan Kegiatan Penanaman Modal BKPM | Indonesia Investment Coordinating Board
Investment Activity Report
Laporan Pelaksanaan Rencana Pengelolaan LIngkungan (RKL) EBTKE Kementerian ESDM Kementerian Lingkungan Hidup dan
dan Rencana Pemantauan Lingkungan (RPL) Kehutanan Dinas Lingkungan Hidup terkait
Environmental Management Plan (RKL) and Environmental EBTKE Ministry of Energy and Mineral Resources Ministry of the
Monitoring Plan (RPL) Implementation Report Environment and Forestry, Relevant Environmental Office
Laporan Neraca Limbah B3 EBTKE Kementerian ESDM Kementerian Lingkungan Hidup dan
Kehutanan
B3 Waste Balance Report
EBTKE Ministry of Energy and Mineral Resources Ministry of the
Environment and Forestry
Pelaporan Beban Emisi EBTKE Kementerian ESDM Kementerian Lingkungan Hidup dan
Kehutanan
Emission Load Reporting
EBTKE Ministry of Energy and Mineral Resources Ministry of the
Environment and Forestry
Laporan Berkala Pemegang Izin Pinjam Pakai Kawasan Hutan Kementerian Lingkungan Hidup dan Kehutanan
Periodic Report on Borrow-to-Use Forest Area Permit Holders Ministry of the Environment and Forestry
632 elevate Laporan Tahunan 2023 Annual Report
Page 633
Tata Kelola Perusahaan
Good Corporate Governance
Ketentuan OJK tentang Penerapan FSA Provisions on Implementation of
Pedoman Tata Kelola Perusahaan Public Company Governance Manual
Terbuka
Setelah menjadi perusahaan terbuka, di tahun 2023 Once a public company, in 2023 PGE conducted a
untuk pertama kalinya PGE melakukan self-assessment self-assessment evaluation of GCG implementation
evaluasi penerapan GCG berdasarkan Peraturan for the first time based on Regulation of the Financial
Otoritas Jasa Keuangan (POJK) No. 21/POJK.04/2015 Services Authority (POJK) No. 21/POJK.04/2015 on
tentang Penerapan Pedoman Tata Kelola Perusahaan the Implementation of Public Company Governance
Terbuka dan Surat Edaran Otoritas Jasa Keuangan Manual and Circular of the Financial Services Authority
(SEOJK) No. 32/SEOJK.04/2015 tentang Pedoman (SEOJK) No. 32/SEOJK.04/2015 on Public Company
Tata Kelola Perusahaan Terbuka. Governance Manual.
Evaluasi penerapan GCG mencakup lima aspek, delapan The evaluation of GCG implementation covers five
prinsip, serta 25 rekomendasi penerapan aspek dan aspects, eight principles, and 25 recommendations on
prinsip tata kelola perusahaan yang baik berdasarkan the implementation of aspects and principles of good
pendekatan “telah sesuai atau dengan penjelasan” corporate governance based on a “comply or explain”
(comply or explain). Perseroan menerapkan aspek, approach. The Company implemented these aspects,
prinsip, dan rekomendasi tersebut dengan penjelasan principles, and recommendations with the following
sebagai berikut: explanation:
Pengungkapan
pada
AR dan SR PGE
Rekomendasi Implementasi 2023
Prinsip
Recommendation Implementation Disclosure on PGE
Principles
2023 AR and SR
(Hal | Page)
Aspek | Aspect 1: Hubungan Perusahaan Terbuka dengan Pemegang Saham Dalam Menjamin Hak-Hak Pemegang Saham
Public Company Relations with Shareholders in Guaranteeing Shareholder Rights
1. Meningkatkan Nilai 1. Perusahaan Terbuka memiliki cara atau prosedur 1.Terpenuhi | Complied 292
Penyelenggaraan teknis pengumpulan suara (voting) baik secara Perseroan telah memiliki aturan men-
Rapat Umum Peme- terbuka maupun tertutup yang mengedepankan genai penyelenggaraan RUPS yang
gang Saham (RUPS). independensi, dan kepentingan pemegang saham. mengatur mekanisme pengambilan
keputusan secara umum.
1. Increase the value of 1. Public Companies have technical methods or proce-
holding a General dures for collecting votes, both openly and privately, The Company has had regulations
Meeting of Share- which prioritize independence and the interests of regarding the holding of GMS which
holders (GMS). shareholders. regulate general decision-making
mechanisms.
2. Seluruh anggota Direksi dan anggota Dewan 2. Terpenuhi | Complied 293
Komisaris Perusahaan Terbuka hadir dalam RUPS Dalam RUPS Tahunan 2022 dihadiri
Tahunan. oleh seluruh anggota Dewan Komis-
aris serta dihadiri oleh seluruh ang-
2. All members of the Board of Directors and members gota Direksi.
of the Board of Commissioners of Public Companies
are present at the Annual GMS. The 2022 Annual GMS was attend-
ed by all members of the Board of
Commissioners and all members of
the Board of Directors.
elevate Laporan Tahunan 2023 Annual Report 633
Page 634
Tata Kelola Perusahaan
Good Corporate Governance
3. Ringkasan risalah RUPS tersedia dalam website Perusa- 3. Terpenuhi | Complied 293
haan Terbuka paling sedikit selama 1 (satu) tahun. Ringkasan risalah RUPS
Tahunan 2022 tersedia dalam web
A summary of the GMS minutes is available on the Public Perseroan.
Company’s website for at least 1 (one) year.
A summary of the 2022 Annual GMS
minutes is available on the Compa-
ny’s website.
2. Meningkatkan 1. Perusahaan Terbuka memiliki suatu kebijakan komuni- 1. Terpenuhi | Compiled 515-519
Kualitas Komunikasi kasi dengan pemegang saham atau investor. Perseroan telah memiliki kebijakan
Perusahaan Terbuka Note: Komunikasi tersebut dimaksudkan agar pemegang terkait komunikasi dengan Peme-
dengan Pemegang saham atau investor mendapat pemahaman lebih jelas gang Saham atau Investor yang
Saham atau Investor. atas informasi yang telah dipublikasikan kepada mas- tercantum dalam Sistem Tata Kerja
yarakat dan agar dapat menyampaikan masukan dan Penyampaian Informasi Perusahaan
Improve the Quality of Pub- opini kepada manajemen Perusahaan Terbuka. Kepada Investor dan Komunitas
lic Company Pasar Modal, melalui aktivitas Non
Communication with Public Companies have a communication policy with Deal Roadshow, pertemuan analis,
Shareholders or shareholders or investors. conference, public expose, dll.
Investors. Note: This communication is intended to provide share-
holders or investors with a clearer understanding of the The Company has a policy regarding
information that has been published to the public and to communication with Shareholders
be able to convey input and opinions to the management or Investors outlined in the Work
of the Public Company Procedure System for Submitting
Company Information to Investors
and the Capital Market Communi-
ty, through Non-Deal Roadshow,
analyst meetings, conferences, public
exposes, etc.
2. Perusahaan Terbuka mengungkapkan kebijakan ko- 2. Terpenuhi | Compiled 180-181
munikasi Perusahaan Terbuka dengan pemegang saham Materi dan informasi yang dimiliki
atau investor dalam website. oleh Perseroan, baik berupa laporan
keuangan, maupun informasi pent-
The Public Company discloses the Public Company’s ing terkait kinerja, strategi, rencana
communication policy with shareholders or investors on strategis selalu disampaikan melalui
the website. web Perseroan (https://www.pge.
pertamina.com/id) pada sub menu
Investor. Hal ini untuk menjamin ke-
setaraan penyampaian informasi ke-
pada para seluruh pemegang saham
atau investor.
Material and information held by
the Company, both in the form of fi-
nancial reports, as well as important
information related to performance,
strategy, strategic plans are always
conveyed via the Company’s website
(https://www.pge.pertamina.com/
id) in the Investor sub-menu. This is to
ensure equal delivery of information
to all shareholders or investors.
634 elevate Laporan Tahunan 2023 Annual Report
Page 635
Tata Kelola Perusahaan
Good Corporate Governance
Aspek | Aspect 2: Fungsi dan Peran Dewan Komisarisis
Functions and Roles of the Board of Commissioners
1.Memperkuat 1. Penentuan jumlah anggota Dewan Komisaris memper- 1. Terpenuhi | Compiled 305
Keanggotaan dan timbangkan kondisi Perusahaan Terbuka. Penentuan jumlah anggota Dewan
Komposisi Dewan Komisaris telah disesuaikan dengan
Komisaris. Determining the number of members of the Board of peraturan yang berlaku serta
Commissioners takes into account the conditions of the Anggaran Dasar Perseroan sesuai
Strengthen the Membership Public Company. dengan kondisi dan kebutuhan. Per-
and Composition of the seroan memiliki 4 (empat) anggota
Board of Commissioners. Dewan Komisaris.
Determining the number of members
of the Board of Commissioners has
been adjusted to applicable regu-
lations and the Company’s Articles
of Association in accordance with
conditions and needs. The Company
has 4 (four) members of the Board of
Commissioners.
2. Penentuan komposisi anggota Dewan Komisaris mem- 2. Terpenuhi | Compiled 402-403
perhatikan keberagaman keahlian, pengetahuan, dan Komposisi anggota Dewan Komisaris
pengalaman yang dibutuhkan. telah memenuhi aspek keberagaman
keahlian, pengetahuan dan pengala-
Determining the composition of members of the Board of man serta kondisi dan kompleksitas
Commissioners takes into account the diversity of skills, bisnis Perseroan.
knowledge, and experience required.
The composition of the members of
the Board of Commissioners meets
the aspects of diversity of expertise,
knowledge, and experience as well
as the conditions and complexity of
the Company’s business.
.2. Meningkatkan Kualitas 1. Dewan Komisaris mempunyai kebijakan penilaian 1. Terpenuhi | Complied 342-344
Pelaksanaan Tugas dan sendiri (self-assessment) untuk menilai kinerja Dewan Perseroan telah memiliki kebijakan
Tanggung Jawab Dewan Komisaris. umum terkait dengan penilaian kin-
Komisaris. erja Dewan Komisaris yang tertuang
The Board of Commissioners has a self-assessment policy dalam Board Manual dan situs web
Improve the Quality of to assess the performance of the Board of Commissioners. Perseroan.
Implementation of Duties
and Responsibilities of the The Company has a general policy
Board of Commissioners. regarding the performance assess-
ment of the Board of Commissioners
which is stated in the Board Manual
and the Company’s website.
Penilaian kinerja di antara
masing-masing Dewan Komisaris
dituangkan dalam Risalah Rapat
Dewan Komisaris dan disampaikan
kepada Pemegang Saham, Pelak-
sanaan penilaian kinerja tahunan
individu Direksi, anggota Dewan
Komisaris & Komite Penunjang di
SH & AP Pertamina tahun 2022
mengacu Pedoman No. A05-002/
K20000/2022-S9.
The performance assessment of
each Board of Commissioners is
outlined in the Minutes of the Board
of Commissioners’ Meetings and
submitted to Shareholders. The
annual performance assessment
of individual Directors, members
of the Board of Commissioners &
Supporting Committees at SH & AP
Pertamina in 2022 refers to Manual
No. A05-002/K20000/2022-S9.
elevate Laporan Tahunan 2023 Annual Report 635
Page 636
Tata Kelola Perusahaan
Good Corporate Governance
2. Kebijakan penilaian Tahunan Perusahaan Terbuka 2. Terpenuhi | Complied 342-344
Note: Pengungkapan ini dilakukan sebagai bentuk Perseroan menyampaikan kebijakan
pertanggungjawaban dan juga memberikan keyakinan penilaian dalam Laporan Tahunan
khususnya kepada pemegang saham atau investor. bagian Tata Kelola Perusahaan
sub bab Penilaian kinerja Dewan
Public Company Annual Assessment Policy Komisaris.
Note: This disclosure is carried out as a form of
accountability and also provides confidence, especially to The Company conveys its assessment
shareholders or investors. policy in the Annual Report in the
Corporate Governance section,
Performance Assessment of the Board
of Commissioners sub-chapter.
Perseroan menyampaikan kebijakan
penilaian dalam Laporan Tahunan
bagian
Tata Kelola Perusahaan sub bab
Penilaian kinerja Dewan Komisaris di
dalam AR dan SR PGE Tahun buku
2023.
The Company conveys its assessment
policy in the Annual Report in the
Corporate Governance section,
Performance Assessment of the
Board of Commissioners sub-chapter
in the AR and SR PGE for the 2023
financial year.
3. Dewan Komisaris memiliki kebijakan terkait 3. Terpenuhi | Compiled 323-326
pengunduran diri anggota Dewan Komisaris apabila Perseroan memiliki kebijakan
terlibat dalam kejahatan keuangan. pengunduran diri yang tertuang
dalam Anggaran Dasar dan Board
The Board of Commissioners has a policy regarding the Manual Perseroan yang dapat
resignation of members of the Board of Commissioners if diakses melalui situs web PT PGE
they are involved in financial crimes. Tbk: https://www.pge.pertamina.
com/Media/Uploads/keberlanjutan/
file/Board%20Manual%202023_.
pdf
The Company has a resignation
policy, which is stated in the
Company’s Articles of Association
and Board Manual, which can
be accessed via the PT PGE Tbk
website: https://www.pge.pertamina.
com/Media/Uploads/sustainability/
file/Board%20Manual%202023_.
pdf
4. Dewan Komisaris atau Komite yang menjalankan fungsi 3. Terpenuhi | Complied 393
Nominasi dan Remunerasi menyusun kebijakan suksesi da- Berdasarkan Permen BUMN
lam proses Nominasi anggota Direksi. 03/2023 jo. Surat Menteri BUMN
S-289/MBU/04/2020 jo. Surat
Note: Kebijakan mengenai suksesi bertujuan untuk men- Deputi Bidang SDM dan Teknologi
jaga kesinambungan proses regenerasi atau kaderisasi Informasi Kementerian BUMN No.
kepemimpinan di perusahaan dalam rangka mempertah- S-10/DSI.MBU/01/2022, bahwa
ankan keberlanjutan bisnis dan tujuan jangka panjang. proses seleksi calon Direksi dan
calon Dewan Komisaris pada peru-
The Board of Commissioners, or the Committee that carries sahaan afiliasi terkonsolidasi BUMN
out the Nomination and Remuneration function, prepares a harus berkonsultasi dengan Kemente-
succession policy in the Nomination process for members of rian BUMN berdasarkan mekanisme
the Board of Directors. talent & succession management
sebagaimana diatur dalam Pera-
Note: The policy regarding succession aims to maintain the turan Menteri BUMN No Per-04/
continuity of the leadership regeneration or cadre process MBU/06/2020
in the Company in order to maintain business continuity
and long-term goals. Based on Regulation of the Minister
of SOEs No. 03/2023 jo. Letter of
the Minister of SOES No. S-289/
MBU/04/2020 jo. Letter of the Dep-
uty for Human Resources and Infor-
mation Technology, Ministry of SOEs
No. S-10/DSI.MBU/01/2022, that
the selection process for prospective
Directors and prospective Board of
Commissioners in consolidated SOEs
affiliated companies must consult with
the Ministry of SOEs based on the tal-
ent & succession management mecha-
nism as regulated in Regulation of the
Minister of SOEs No. Per-04/MBU/
06/2020
636 elevate Laporan Tahunan 2023 Annual Report
Page 637
Tata Kelola Perusahaan
Good Corporate Governance
Komite Nominasi dan Remunerasi
telah memiliki kebijakan dalam pros-
es nominasi anggota Direksi sesuai
dengan tujuan jangka panjang Peru-
sahaan dan peraturan yang berlaku.
Kebijakan suksesi dicantumkan da-
lam pedoman Komite Nominasi dan
Remunerasi dan diunggah pada situs
web perseroan.
The Nomination and Remuneration
Committee has a policy in the nom-
ination process for members of the
Board of Directors in accordance
with the Company’s long-term objec-
tives and applicable regulations. The
succession policy is included in the
Nomination and Remuneration Com-
mittee manual and uploaded on the
Company’s website.
Aspek | Aspect 3: Fungsi dan Peran Direksi
Functions and Roles of the Board of Directors
1.Memperkuat Keanggota- 1. Penentuan Jumlah anggota Direksi mempertimbang- 1. Terpenuhi | Compiled 349
an dan Komposisi Direksi kan kondisi Perusahaan Terbuka serta efektivitas dalam Penentuan jumlah anggota Direksi
pengambilan keputusan. telah disesuaikan dengan peraturan
Strengthen the Membership yang berlaku serta Anggaran Dasar
and Composition of the Determining the number of members of the Board of Perseroan sesuai dengan kondisi
Board of Directors Directors takes into account the condition of the Public dan kebutuhan Perseroan memiliki 4
Company and its effectiveness in decision-making. (empat) anggota Direksi.
The determination of the number of
members of the Board of Directors
has been adjusted to the applicable
regulations and the Company’s
Articles of Association in accordance
with the conditions and needs of the
Company to have 4 (four) members
of the Board of Directors.
2. Penentuan komposisi anggota Direksimperhatikan ke- 2. Terpenuhi | Complied 402-403
beragaman, keahlian, pengthuan, dan pengalaman yang Komposisi anggota Direksi telah me-
dibutuhkan. menuhi aspek keberagaman keahl-
ian, pengetahuan dan pengalaman
Determining the composition of members of the Board of yang diperlukan oleh Perseroan.
Directors takes into account the diversity, expertise, knowl-
edge, and experience required. The composition of members of the
Board of Directors has fulfilled the
diversity of skills, knowledge, and
experience required by the Company.
3. Anggota Direksi yang membawahi bidang akuntansi 3. Terpenuhi | Compiled 147
atau keuangan memiliki keahlian dan/atau pengetahuan Direktur Keuangan Perseroan memi-
di bidang akuntansi. liki pengalaman kerja di bidang
Perbankan dan Pasar Modal selama
Members of the Board of Directors who are in charge of 29 tahun
accounting or finance have expertise and/or knowledge
in the field of accounting. The Company’s Finance Director has
29 years of work experience in the
banking and capital markets sector
2. Meningkatkan Kualitas 1. Direksi mempunyai kebijakan penilaian sendiri (self-as- 1. Terpenuhi | Compiled 390-392
Pelaksanaan Tugas dan sessment) untuk menilai kinerja Direksi. Perseroan telah memiliki kebijakan
Tanggung Jawab Direksi umum terkait dengan penilaian untuk
The Board of Directors has a self-assessment policy to menilai kinerja Direksi yang tertuang
Improve the Quality of Im- assess the performance of the Board of Directors. dalam Board Manual dan situs web
plementation of Directors’ Perseroan.
Duties and Responsibilities
The Company has a general policy
regarding assessments to assess the
performance of the Board of Direc-
tors as stated in the Board Manual
and the Company’s website.
2. Kebijakan penilaian sendiri (self-assessment) untuk me- 2. Terpenuhi | Complied 390-392
nilai kinerja Direksi diungkapkan melalui laporan tahunan Perseroan telah menyampaikan kebi-
Perusahaan Terbuka. jakan penilaian dalam laporan tahu-
nan bagian Tata Kelola Perusahaan
The self-assessment policy for assessing the performance sub bab Penilaian Kinerja Direksi.
of the Board of Directors is disclosed in the Public Compa-
ny’s annual report The Company has conveyed its as-
sessment policy in the annual report
in the Corporate Governance section,
Directors’ Performance Assessment
sub-chapter.
elevate Laporan Tahunan 2023 Annual Report 637
Page 638
Tata Kelola Perusahaan
Good Corporate Governance
3. Direksi mempunyai kebijakan terkait pengunduran 3. Terpenuhi | Complied 369
diri anggota Direksi apabila terlibat dalam kejahatan Perseroan telah memiliki kebijakan
keuangan. terkait dengan pengunduran diri an-
ggota Direksi yang tertuang dalam
The Board of Directors has a policy regarding the resig- Board Manual Perseroan.
nation of members of the Board of Directors if they are
involved in financial crimes. The Company has a policy regarding
the resignation of members of the
Board of Directors which is stated in
the Company’s Board Manual.
Aspek | Aspect 4: Partisipasi Pemangku Kepentingan
Stakeholder Participation
1. Meningkatkan Aspek 2. Perusahaan Terbuka memiliki kebijakan untuk mence- 1. Terpenuhi | Compiled 607-610
Tata Kelola Perusahaan gah terjadinya insider trading. Perseroan telah memiliki kebijakan
melalui Partisipasi Pe- Note: Cara meminimalisir adanya insider trading umum terkait dengan insider trading
mangku Kepentingan. dilakukan dengan melalui kebijakan pencegahan, dan yang tertuang dalam situs web
membagi tugas dan tanggung jawab atas pengelolaan Perseroan
Improve Corporate Gov- informasi secara proporsional dan efisien.
ernance Aspect through The Company has a general policy
Stakeholder Participation. Public Companies have policies to prevent insider trading. regarding insider trading which is
Note: How to minimize insider trading is conducted stated on the Company’s website
. through prevention policies, and dividing tasks and
responsibilities for managing information proportionally
and efficiently.
3. Perusahaan Terbuka memiliki kebijakan anti korupsi 2. Terpenuhi | Compiled 601-602
dan anti fraud. Perseroan telah memiliki kebijakan
umum terkait dengan anti korupsi
Public Companies have anti-corruption and anti-fraud dan anti-fraud yang tertuang dalam
policies. Code of Conduct Perseroan dan
Traktat Kebijakan Anti Korupsi.
The Company has a general pol-
icy related to anti-corruption and
anti-fraud which is contained in the
Company’s Code of Conduct and the
Anti-Corruption Policy Treaty.
4. Perusahaan Terbuka memiliki kebijakan tentang seleksi 3. Terpenuhi | Complied 614-617
dan peningkatan kemampuan pemasok atau vendor. Perseroan telah memiliki ketentuan
Note: Kebijakan seleksi dilakukan agar Perusahaan terkait dengan prosedur persia-
Terbuka memperoleh barang atau jasa yang diperlukan pan pengadaan barang dan jasa,
dengan harga kompetitif dan kualitas yang baik. Se- serta syarat dan ketentuan umum
dangkan peningkatan kemampuan pemasok atau vendor pengadaan barang dan jasa untuk
agar memastikan bahwa rantai pasokan berjalan dengan meningkatkan kualitas pengadaan
efisien dan efektif. serta kualitas vendor. Hal tersebut
tercantum dalam situs web Perse-
Public Companies have policies regarding the selection roan.
and improvement of supplier or vendor capabilities.
Note: The selection policy is carried out so that Public The Company has provisions related
Companies obtain the required goods or services at com- to preparation procedures for the
petitive prices and good quality. Meanwhile, increasing procurement of goods and services,
the capabilities of suppliers or vendors to ensure that the as well as general terms and condi-
supply chain runs efficiently and effectively. tions for the procurement of goods
and services to improve the quality of
procurement and the quality of ven-
dors. This is stated on the Company’s
website.
638 elevate Laporan Tahunan 2023 Annual Report
Page 639
Tata Kelola Perusahaan
Good Corporate Governance
4. Perusahaan Terbuka memiliki kebijakan tentang pe- 4. Terpenuhi | Complied 216-219
menuhan hak-hak kreditur. Perseroan telah memiliki kebijakan
terkait dengan kewajiban untuk
Public Companies have policies regarding fulfilling creditor memenuhi hak-hak kreditur sesuai
rights. dengan kebijakan dan ketentuan
yang berlaku yang tertuang dalam
Perjanjian Kredit yang telah disepa-
kati oleh kedua belah pihak. Hal
tersebut tercantum dalam situs web
Perseroan.
The Company has a policy related to
the obligation to fulfill creditors’ rights
in accordance with the applicable
policies and provisions contained in
the Credit Agreement which has been
agreed by both parties. This is stated
on the Company’s website.
5. Perusahaan Terbuka memiliki kebijakan sistem whis- 5. Terpenuhi | Compiled 596-600
tleblowing. Perseroan telah meratifikasi Pe-
doman Pengelolaan Pengaduan PT
Public Companies have a whistleblowing system policy. Pertamina (Persero) No. A9-001/
J00000/2022-S9 tanggal 19
Januari 2022 dimana seluruh Anak
Perusahaan dan seluruh afiliasi
Pertamina group menerapkan WBS
Pertamina Clean yang dikelola
secara tersentralisasi di PT Pertamina
(Persero): https://pertaminaclean.
tipoffs.info/
The Company has ratified PT
Pertamina (Persero) Complaint
Management Manual No. A9-001/
J00000/2022-S9 dated 19 January
2022 where all Subsidiaries and
all affiliates of the Pertamina group
implement the Pertamina Clean WBS
which is managed centrally at PT
Pertamina (Persero): https://pertami-
naclean.tipoffs.info/
6. Perusahaan Terbuka memiliki kebijakan pemberian 6. Terpenuhi | Compiled 225, 611-613
insentif jangka panjang kepada Direksi dan karyawan. Perseroan telah memiliki kebijakan
pemberian penghargaan terha-
Public Companies have a policy of providing long-term dap masa kerja karyawan sebagai
incentives to Directors and employees. bentuk penghargaan atas loyalitas
pekerja. Untuk Direksi kebijakan
penghargaan tersebut melekat pada
kebijakan remunerasi Perseroan.
The Company has a policy of giving
awards for employees’ length of ser-
vice as a form of appreciation for em-
ployee loyalty. For the Board of Direc-
tors, the award policy is attached to
the Company’s remuneration policy.
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Tata Kelola Perusahaan
Good Corporate Governance
Aspek | Aspect 5: Keterbukaan Informasi
Information Disclosure
1. M e n i n g k a t k a n 1. Perusahaan Terbuka memanfaatkan 1. Terpenuhi | Compiled 92
Pelaksanaan penggunaan teknologi informasi secara Perseroan telah secara
Keterbukaan lebih luas selain website sebagai media rutin menyampaikan
Informasi keterbukaan informasi. informasi tidak hanya
terbatas pada keterbukaan
Improve the Public Companies make wider use of informasi yang telah
Implementation information technology apart from websites diatur dalam peraturan
of Information as a means for information disclosure. perundang-undangan,
Disclosure namun juga informasi lain
terkait Perseroan melalui
portal internal, media situs
web, news flash, teasers,
intranet.
The Company has routinely
conveyed information not
only limited to information
disclosure as regulated in
the laws and regulations,
but also other information
related to the Company
through internal portals,
website media, news flash,
teasers, intranet.
2. Laporan Tahunan Perusahaan Terbuka 2. Terpenuhi | Compiled 160-163
mengungkapkan pemilik manfaat akhir Perseroan telah mengungkapkan
dalam kepemilikan saham Perusahaan pemilik manfaat akhir atas
Terbuka paling sedikit 5%, selain kepemilikan saham Perseroan
pengungkapan pemilik manfaat akhir dalam paling sedikit 5%, juga
kepemilikan saham Perusahaan Terbuka pengungkapan pemilik dari
melalui pemegang saham utama dan manfaat akhir dari kepemilikan
pengendali. saham oleh pemegang saham
utama dan pengendali dalam
The Annual Report of a Public Company Laporan Tahunan Perseroan.
discloses the ultimate beneficial owner in
Public Company share ownership of at The Company has disclosed the
least 5%, in addition to disclosure of the ultimate beneficial owner of the
ultimate beneficial owner in Public Company Company’s share ownership of at
share ownership through the majority and least 5%, as well as disclosure of
controlling shareholders. the ultimate beneficial owner of
share ownership by the majority
and controlling shareholders in
the Company’s Annual Report.
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Tata Kelola Perusahaan
Good Corporate Governance
Ketentuan Pedoman Umum Governansi Provisions of the Indonesia Corporate
Korporat Indonesia (PUGKI) Governance Manual (PUGKI)
Pada 2023 untuk pertama kalinya PGE juga melakukan In 2023, PGE carried out a GCG evaluation for the first
evaluasi GCG berdasarkan Pedoman Umum Governansi time in compliance with the 2021 Indonesia Corporate
Korporat Indonesia (PUGKI) 2021, yang diterbitkan Governance Manual (PUGKI), issued by the National
oleh Komite Nasional Kebijakan Governansi (KNKG). Committee on Governance Policy (KNKG). The aim
Tujuannya adalah sebagai sarana penguatan penerapan is to strengthen the implementation of good corporate
tata kelola perusahaan yang baik sesuai prinsip-prinsip governance in accordance with the principles of
governansi korporat dari perspektif kalangan bisnis di corporate governance from the perspective of business
Indonesia. circles in Indonesia.
Melalui evaluasi ini diharapkan PGE dapat berperan Through this evaluation, PGE is expected to play an
penting dalam meningkatkan kepercayaan investor dan important role in increasing the trust of investors and
pemangku kepentingan. Hal ini juga selaras dengan stakeholders. This is also aligned with PGE’s unwavering
komitmen PGE untuk mewujudkan empat pilar governansi commitment to realizing the four pillars of corporate
korporat yaitu perilaku beretika, akuntabilitas, governance, namely ethical conduct, accountability,
transparansi, dan keberlanjutan. PGE berupaya transparency, and sustainability. PGE endeavors to
menjalankan delapan prinsip governansi korporat implement eight principles of Indonesia corporate
Indonesia yaitu sebagai berikut: governance, as follows:
Pengungkapan
pada AR dan SR
Rekomendasi Implementasi
AR and SR
No Recommendation Implementation
Disclosure
(Hal | Page)
PRINSIP | PRINCIPLE 1
PERAN DAN TANGGUNG JAWAB DIREKSI DAN DEWAN KOMISARIS
ROLES AND RESPONSIBILITIES OF THE BOARD OF DIRECTORS AND THE BOARD
OF COMMISSIONERS
1.1 Peran dan Tanggung Jawab Direksi | Roles and Responsibilities of the Board of Directors
1.1.1 Untuk mencapai penciptaan nilai yang berkelanjutan, Poin 1.1.1 - 1.1.9 Terpenuhi 1.1.1:
Direksi menjalankan peran kepemimpinannya dan 351-356
berupaya mencapai hasil tata kelola sebagai berikut: Untuk mencapai penciptaan nilai yang
a. Berdaya saing dan berfokus ke kinerja jangka panjang. berkelanjutan, Direksi telah menjalankan peran 1.1.2:
b. Beretika dan bertanggung jawab dalam menjalankan kepemimpinannya dalam mencapai hasil tata 102-103
bisnis. kelola yang berdaya saing dan berfokus ke kinerja
c. Berkontribusi positif terhadap masyarakat dan jangka panjang, beretika dan bertanggung jawab, 1.1.3:
lingkungan. berkontribusi terhadap masyarakat dan lingkungan, 544-584
d. Berkemampuan dalam bertahan dan bertumbuh serta mampu bertahan dan bertumbuh (corporate
(corporatere silience) silience). 1.14:
520-543
To achieve sustainable value creation, the Board of Peran dan tanggung jawab Direksi
Directors carries out its leadership role and strives to diatur dalam Anggaran Dasar 1.1.5:
achieve the following governance results: Pasal 14 - 15 dan Board Manual yang dapat di Laporan
a. Competitive and focused on long-term performance. akses melalui situs web PGE: Keberlanjutan/
b. Be ethical and responsible in running business. https://www.pge.pertamina.com/Media/Up- Sustainability Report
c. Contribute positively to society and the environment. loads/keberlanjutan/file/Board%20Manual%20 PGE 2023
d. Ability to survive and grow (corporate resilience). 2023_.pdf.
1.1.6:
585-591
1.1.7:
Tidak relevan/
Irrelevant
1.1.8:
350
1.1.9:
369
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Tata Kelola Perusahaan
Good Corporate Governance
1.1.2 Direksi harus memastikan bahwa misi, visi, tujuan, Point 1.1.1 - 1.1.9 Complied
sasaran, strategi, dan rencana tahunan dan jangka
menengah korporasi konsisten dengan tujuan jangka To achieve sustainable value creation, the Board
panjang, dengan memanfaatkan inovasi dan teknologi has carried out its leadership role in achieving
secara efektif. competitive governance outcomes and focusing on
long-term, ethical, and responsible performance,
The Board of Directors must ensure that the corporation’s contributing to society and the environment, and
mission, vision, goals, objectives, strategies, and annual being able to sustain and grow (corporate resilience).
and medium-term plans are consistent with long-term goals,
by effectively utilizing innovation and technology. The roles and responsibilities of the Board of
Directors are regulated in the Articles of Association
Articles 14 - 15 and the Board Manual which can be
1.1.3 Direksi memastikan bahwa korporasi menerapkan accessed via the PGE website:
manajemen risiko dan sistem pengendalian internal yang https://www.pge.pertamina.com/Media/Up-
tepat dan efektif yang selaras dengan visi, misi, tujuan, loads/sustainability/file/Board%20Manual%20
sasaran, dan strategi korporasi serta mematuhi peraturan 2023_.pdf.
perundang-undangan dan standar yang berlaku.
The Board of Directors ensures that the corporation
implements appropriate and effective risk management
and internal control systems that are aligned with the
corporate vision, mission, goals, objectives, and strategies
and comply with applicable laws and regulations and
standards.
1.1.4 Direksi memastikan integritas akuntansi dan sistem
pelaporan keuangan korporasi dan pengungkapan yang
tepat waktu dan akurat atas semua informasi material
mengenai korporasi.
The Board of Directors ensures the integrity of the
corporation’s accounting and financial reporting systems
and the timely and accurate disclosure of all material
information regarding the corporation.
1.1.5 Direksi memastikan pelaporan keberlanjutan telah disusun
sebagaimana mestinya.
The Board of Directors ensures that sustainability reporting
has been prepared appropriately.
1.1.6 Direksi membangun kerangka kerja untuk
governansi Teknologi Informasi (TI) korporasi yang
selaras dengan kebutuhan dan prioritas bisnis korporasi,
mendorong peluang dan kinerja bisnis, memperkuat
manajemen risiko, serta mendukung tujuan dan strategi
korporasi.
The Board of Directors builds a framework for corporate
Information Technology (IT) governance that is aligned
with corporate business needs and priorities, encourages
business opportunities and performance, strengthens risk
management, and supports corporate goals and strategies.
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Tata Kelola Perusahaan
Good Corporate Governance
1.1.7 Bagi korporasi yang menjalankan kegiatan usaha
berdasarkan prinsip Syariah, Direksi perlu memastikan
kewenangan dan ketersediaan perangkat pendukung
yang memadai agar Dewan Pengawas Syariah dapat
menjalankan perannya dengan efektif.
For corporations that carry out business activities based on
Sharia principles, the Board of Directors needs to ensure
the authority and availability of adequate supporting
equipment so that the Sharia Supervisory Board can carry
out its role effectively.
1.1.8 Piagam Direksi secara periodik ditinjau. Piagam
mencakup antara lain pembagian peran Direktur secara
individual dapat diatur di Piagam Direksi atau dengan
surat keputusan Direksi.
The Board of Directors’ Charter is periodically reviewed.
The Charter includes, among other things, the division of
roles of individual Directors which can be regulated in the
Directors’ Charter or by a Directors’ Decree.
1.1.9 Direksi mempunyai kebijakan terkait pengunduran diri
anggota Direksi apabila terlibat dalam kejahatan
keuangan dan terbukti melakukan kesalahan.
The Board of Directors has a policy regarding the
resignation of members of the Board of Directors if they
are involved in financial crimes and are proven to have
made a mistake.
1.2 Penilaian Kinerja – Direksi dan Anggotanya | Performance Assessment – the Board of Directors and Members
1.2.1 Dewan Komisaris melakukan evaluasi formal tahunan Poin 1.2.1-1.2.1 Terpenuhi 1.2.1:
secara obyektif dan independen untuk menentukan 390-392
efektivitas Direksi dan setiap individu Direktur. Dewan Komisaris telah melakukan evaluasi formal
tahunan secara obyektif dan independen untuk 1.2.2:
The Board of Commissioners conducts annual formal menentukan efektivitas kinerja Direksi dan setiap individu 390-392
evaluations objectively and independently to determine Direktur. Penilaian dilakukan sesuai dengan Board Manual
the effectiveness of the Board of Directors and each yang mengatur bahwa Direksi dan Dewan Komisaris
individual Director. mengimplementasikan Key Performance Indicator (KPI),
sehingga penilaian kinerja Direksi dilakukan sesuai dengan
pencapaian KPI Direksi untuk kemudian dilaporkan dalam
1.2.2 Dewan Komisaris dengan pertimbangan Komite Rapat Umum Pemegang Saham (RUPS).
Nominasi dan Remunerasi, bertanggung jawab
menentukan kriteria evaluasi kinerja dan menilai kinerja Point 1.2.1-1.2.1 Terpenuhi
Direktur Utama dan anggota Direksi lainnya.
The Board of Commissioners has conducted an annual
The Board of Commissioners, with the consideration of the formal evaluation objectively and independently to
Nomination and Remuneration Committee, is responsible determine the effectiveness of the Board of Directors’
for determining performance evaluation criteria and performance and each individual Director. The assessment
assessing the performance of the President Director and is conducted in accordance with the Board Manual which
other members of the Board of Directors. stipulates that the Board of Directors and the Board of
Commissioners implement Key Performance Indicators
(KPIs), so that the evaluation of the Directors’ performance
is conducted based on the achievement of the Directors’
KPIs which are then reported at the Annual General
Meeting of Shareholders (AGMS).
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Tata Kelola Perusahaan
Good Corporate Governance
1.3 Peran dan Tanggung Jawab Dewan Komisaris | Roles and Responsibilities of the Board of Commissioners
1.3.1 Dewan Komisaris mereview strategi korporasi paling Poin 1.3.1-1.3.13 Terpenuhi 1.3.1:
tidak setiap tahun dan menyetujui misi, visi dan strategi 310-314
korporasi yang dirumuskan oleh Direksi. Dewan Komisaris Dewan Komisaris telah menjalankan peran dan tanggung
juga mereview, memberikan saran dan menyetujui jawabnya untuk melakukan review serta menyetujui visi, 1.3.2:
rencana bisnis dan rencana keuangan jangka panjang misi dan strategi korporasi yang dirumuskan oleh Direksi. 315
dan rencana keuangan jangka pendek korporasi. Selain itu, Dewan Komisaris juga melakukan review,
Dewan Komisaris memberikan advis dan melakukan memberi saran, serta menyetujui rencana keuangan 1.3.3:
pemantauan kepada Direksi atas pengelolaan jangka pendek dan jangka panjang Perseroan. 394-399
implementasinya. Direksi dan Dewan Komisaris terlibat
dalam keputusan yang sangat penting bagi korporasi, Sebagai bagian dari tugas pengawasan, secara berkala 1.3.4:
diatur dalam anggaran dasar korporasi. Dewan Komisaris memberikan saran dan melakukan 393
pemantauan pengelolaan yang dilakukan oleh Direksi.
The Board of Commissioners reviews the corporate Direksi dan Dewan Komisaris juga terlibat dalam keputusan 1.3.5:
strategy at least annually and approves the mission, yang sangat penting bagi korporasi, yang diatur dalam 393-399
vision and corporate strategy formulated by the Board anggaran dasar korporasi.
of Directors. The Board of Commissioners also reviews, 1.3.6:
provides advice and approves business plans and long- Peran dan tanggung jawab Dewan Komisaris telah 310-314
term financial plans and short-term financial plans of dijelaskan di dalam Anggaran Dasar Perusahaan Pasal
the corporation. The Board of Commissioners provides 18 – 20 dan Board Manual yang dapat diakses melalui 1.3.7:
advice and monitors the Board of Directors regarding situs web PGE: https://www.pge.pertamina.com/Media/ 310-314
implementation management. The Board of Directors Uploads/keberlanjutan/file/Board%20Manual%20
and the Board of Commissioners are involved in very 2023_.pdf 1.3.8:
important decisions for the corporation, regulated in the 310-314
corporation’s Articles of Association.
Point 1.3.1-1.3.13 Complied 1.3.9:
310-314
1.3.2 Jenis keputusan yang memerlukan persetujuan Dewan The Board of Commissioners has fulfilled its role and
Komisaris harus diungkapkan dalam laporan tahunan. responsibility to review and approve the vision, mission, and 1.3.10:
corporate strategy formulated by the Board of Directors. 309
The types of decisions that require approval from the Additionally, the Board of Commissioners also reviews,
Board of Commissioners must be disclosed in the Annual provides advice, and approves the Company’s short-term 1.3.11:
Report. and long-term financial plans. 323-326
As part of its supervisory duties, the Board of 1.3.12:
1.3.3 Dengan memperhatikan rekomendasi Komite Nominasi Commissioners periodically provides advice and 307-308,
dan Remunerasi, Dewan Komisaris mengusulkan kepada, monitors the management carried out by the Board 312
dan untuk diputuskan oleh, RUPS pengangkatan dan/ of Directors. The Board of Directors and the Board of
atau pemberhentian anggota Direksi dan anggota Commissioners are involved in decisions that are crucial 1.3.13:
Dewan Komisaris. Dalam mengusulkan hal di atas, for the corporation, as regulated in the corporate bylaws. 312
Dewan Komisaris Memperhatikan keberagaman, unsur
non diskriminatif dan memberikan kesempatan yang The roles and responsibilities of the Board of Commissioners
sama tanpa membedakan suku, agama, ras, antar have been explained in the Company’s Articles of
golongan dan gender. Dewan Komisaris memastikan Association Sections 18 – 20 and the Board Manual which
proses pencalonan dan pemilihan anggota Direksi can be accessed via the PGE website: https://www.pge.
dan anggota Dewan Komisaris adalah formal dan pertamina.com/Media/Uploads/sustainability/file/
transparan. Board%20Manual%202023_.pdf
By taking into account the recommendations of the
Nomination and Remuneration Committee, the Board
of Commissioners proposes to, and is decided by, the
GMS the appointment and/or dismissal of members
of the Board of Directors and members of the Board
of Commissioners. In proposing the above, the Board
of Commissioners pays attention to diversity, non-
discriminatory elements and provides equal opportunities
regardless of ethnicity, religion, race, group, and gender.
The Board of Commissioners ensures that the nomination
and election process for members of the Board of
Directors and members of the Board of Commissioners is
formal and transparent.
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Tata Kelola Perusahaan
Good Corporate Governance
1.3.4 Dewan Komisaris atau Komite yang menjalanan
fungsi nominasi menyusun kebijakan suksesi dalam
proses nominasi anggota Direksi. Setiap tahun Dewan
Komisaris meninjau laporan pelaksanaan rencana
pengembangan dan suksesi yang disampaikan Direktur
Utama.
The Board of Commissioners or the Committee that carries
out the nomination function prepares a succession policy
in the nomination process for members of the Board of
Directors. Every year the Board of Commissioners reviews
the development and succession plan implementation
report submitted by the President Director.
1.3.5 Dewan Komisaris
a. Mengajukan kepada RUPS, yang dapat didahului
oleh usulan dari Komite yang menjalankan
fungsi remunerasi, besaran remunerasi anggota
Direksi dan anggota Dewan Komisaris yang
selaras dengan pengembangan korporasi yang
berkelanjutan dan kepentingan jangka panjang
korporasi dan pemegang saham;
b. Secara berkala mereview sistem remunerasi
Direksi dan Dewan Komisaris.
The Board of Commissioners
a. Submit to the GMS, which may be preceded by a
proposal from the Committee that carries out the
remuneration function, the amount of remuneration
for members of the Board of Directors and members
of the Board of Commissioners that is aligned with
sustainable corporate development and the long-
term interests of the corporation and shareholders;
b. Periodically review the remuneration system for the
Board of Directors and Board of Commissioners.
1.3.6 Dewan Komisaris mengawasi efektivitas kebijakan
governansi korporat dan implementasinya serta
mengusulkan perubahan jika diperlukan.
The Board of Commissioners monitors the effectiveness of
corporate governance policies and their implementation
and proposes changes if necessary.
1.3.7 Dewan Komisaris memantau dan mengarahkan agar
korporasi menerapkan manajemen risiko dan sistem
pengendalian internal yang tepat dan efektif yang
selaras dengan tujuan, sasaran, dan strategi korporasi
serta mematuhi peraturan perundang - undangan, kode
perilaku dan standar yang berlaku.
The Board of Commissioners monitors and directs the
corporation to implement appropriate and effective
risk management and internal control systems that are
aligned with corporate goals, targets and strategies and
comply with applicable laws and regulations, codes of
conduct and standards.
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Tata Kelola Perusahaan
Good Corporate Governance
1.3.8 Dewan Komisaris mengawasi dan mengarahkan agar
tercapai integrasi akuntansi dan sistem pelaporan
keuangan korporat, serta independensi fungsi audit
internal dan eksternal.
The Board of Commissioners supervises and directs
the integration of accounting and corporate financial
reporting systems, as well as the independence of the
internal and external audit functions.
1.3.9 Dewan Komisaris memantau, mereview dan menyetujui
laporan tahunan dan laporan keberlanjutan Korporasi
serta memastikan integritasnya, serta mengawasi proses
pengungkapan dan pengkomunikasian korporasi.
The Board of Commissioners monitors, reviews, and
approves the Corporation’s Annual Report and
Sustainability Report and ensures their integrity, as well
as oversees the corporate disclosure and communication
process.
1.3.10 Piagam Dewan Komisaris secara periodik ditinjau.
The Board of Commissioners Charter is periodically
reviewed.
1.3.11 Dewan Komisaris mempunyai kebijakan terkait
pengunduran diri anggota Dewan Komisaris apabila
terlibat dalam kejahatan keuangan dan terbukti
melakukan kesalahan.
The Board of Commissioners has a policy regarding the
resignation of members of the Board of Commissioners if
they are involved in financial crimes and are proven to
have made a mistake.
1.3.12 Komisaris Independen sangat diharapkan untuk dapat
berkontribusi dalam diskusi yang jujur, obyektif, aktif dan
konstruktif pada rapat Dewan Komisaris.
Independent Commissioners are highly expected to
be able to contribute to honest, objective, active and
constructive discussions at the Board of Commissioners
meetings.
1.3.13 Komisaris Utama berperan sebagai koordinator Dewan
Komisaris dan memastikan efektivitasnya. Komisaris
Utama mendorong budaya keterbukaan dan dialog
konstruktif yang memungkinkan berbagai pandangan
diungkapkan, termasuk mengkoordinasi penetapan
agenda rapat dewan yang tepat dan memastikan waktu
yang cukup tersedia untuk mendiskusikan semua agenda.
Selain itu, juga harus ada kesempatan bagi Dewan
Komisaris untuk bertemu dengan jajaran Direksi dan
manajemen senior.
The President Commissioner acts as coordinator of the
Board of Commissioners and ensures its effectiveness. The
President Commissioner encourages a culture of openness
and constructive dialogue that allows a variety of views
to be expressed, including coordinating the setting of
appropriate board meeting agendas and ensuring
sufficient time is available to discuss all agenda items.
Apart from that, there must also be an opportunity for
the Board of Commissioners to meet with the Board of
Directors and senior management.
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Tata Kelola Perusahaan
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1.4 Pembentukan Komite | Establishment of Committees
1.4.1 Korporasi memiliki komite-komite di bawah Dewan Poin 1.4.1-1.4.3 Terpenuhi 1.4.1:
Komisaris sekurang-kurangnya terdiri dari: Komite Audit, 404-480
Komite Nominasi dan Remunerasi dan Komite Investasi Dalam melaksanakan tugas pengawasan, Dewan
dan Manajemen Risiko. Komisaris PGE dibantu oleh tiga Komite di bawah Dewan 1.4.2:
Komisaris yaitu: 404-480
The Corporation has committees under the Board of 1. Komite Audit
Commissioners consisting of at least: Audit Committee, 2. Komite Nominasi dan Remunerasi GCG 1.4.3:
Nomination and Remuneration Committee, and Risk 3. Komite Investasi dan Manajemen Risiko 405
Management Monitoring Committee.
Dewan Komisaris memastikan bahwa seluruh anggota
Komite mayoritas berasal dari pihak independen, serta
1.4.2 Dewan Komisaris memastikan bahwa anggota Komite memiliki kompetensi, komitmen, dan wewenang yang
Audit seluruhnya independen dan komite lain yang memadai untuk menjalankan perannya secara efektif dan
dibentuk Dewan Komisaris adalah mayoritas dari pihak independen.
independen, serta semua anggota komite memiliki
kompetensi, berkomitmen, serta memiliki wewenang Point 1.4.1-1.4.3 Complied
yang memadai untuk menjalankan perannya secara
efektif dan independen. In carrying out its supervisory duties, the Board of
Commissioners of PGE is assisted by three Committees
The Board of Commissioners ensures that all members of under the Board of Commissioners, namely:
the Audit Committee are independent and that the majority 1. Audit Committee
of other committees formed by the Board of Commissioners 2. Nomination and Remuneration GCG Committee
are independent, and that all committee members are 3. Investment and Risk Management Committee
competent, committed and have sufficient authority to
carry out their roles effectively and independently. The Board of Commissioners ensures that all Committee
members are mostly from independent parties, and have
the competence, commitment, and adequate authority to
1.4.3 Untuk memastikan pemantauan atas pelaksanaan tugas carry out their roles effectively and independently.
Komite Audit berjalan obyektif dan independen, Komis-
aris Utama tidak boleh menjadi ketua Komite Audit, ke-
cuali dalam keadaan luar biasa yang harus dijelaskan
dalam laporan tahunan.
To ensure that monitoring of the implementation of the Au-
dit Committee’s duties is objective and independent, the
President Commissioner may not be chairperson of the
Audit Committee, except in extraordinary circumstances
which must be explained in the annual report.
1.5 Penilaian Kinerja - Dewan Komisaris dan Anggotanya | Performance Assessment – the Board of Commissioners and Members
1.5.1 Dewan Komisaris melakukan evaluasi formal tahunan Poin 1.5.1 Terpenuhi 342-344
secara obyektif untuk menentukan efektivitas Dewan,
komitenya, dan setiap individu komisaris. Dewan Komisaris telah melakukan evaluasi formal secara
obyektif setiap tahun untuk menentukan efektivitas Dewan
The Board of Commissioners conducts an annual formal Komisaris, Komite di bawah Dewan Komisaris dan setiap
evaluation objectively to determine the effectiveness of the anggota Dewan Komisaris berdasarkan pencapaian KPI.
Board, its committees and each individual commissioner.
Point 1.5.1 Complied
The Board of Commissioners has conducted an annual
formal evaluation objectively to determine the effectiveness
of the Board of Commissioners, Committees under the
Board of Commissioners, and each member of the Board
of Commissioners based on the achievement of KPIs.
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1.6 Benturan Kepentingan | Conflicts of Interest
1.6.1 Anggota Direksi yang mempunyai rangkap jabatan di Poin 1.6.1-1.6.2 Terpenuhi 1.6.1:
luar korporasi, harus mendapatkan persetujuan dari De- 370
wan Komisaris. Seorang Komisaris memberi tahu Dewan Anggaran Dasar Perseroan pasal 14 ayat 17 telah
Komisaris dan ketua komite yang menjalankan fungsi mengatur bahwa anggota Direksi dilarang memiliki 1.6.2:
nominasi, sebelum menerima penunjukan baru sebagai rangkap jabatan di luar korporasi. 371
direktur atau komisaris dari korporasi terbuka, jabatan
direktur lainnya atau posisi lain dengan komitmen waktu Dewan Komisaris bertugas memantau dan mengelola
yang signifikan. potensi benturan kepentingan manajemen, anggota
Direksi, Dewan Komisaris dan pemegang saham, termasuk
Members of the Board of Directors who hold concurrent penyalahgunaan aset korporasi dan penyalahgunaan
positions outside of the corporation must obtain approval dalam transaksi pihak berelasi. Komisaris yang memiliki
from the Board of Commissioners. A Commissioner notifies benturan kepentingan tidak turut serta dalam pemantauan
the Board of Commissioners and the chair of the commit- dan pengambilan keputusan atas potensi benturan
tee performing the nominating function, before accepting kepentingan yang melibatkan Komisaris atau afiliasi
a new appointment as director or commissioner of a pub- Komisaris yang bersangkutan.
licly traded corporation, other directorship or other posi-
tion with a significant time commitment. Kebijakan terkait benturan kepentingan telah diatur
sebagai berikut:
1. Anggaran Dasar mengatur anggota Direksi dilarang
1.6.2 Dewan Komisaris memantau dan mengelola potensi memangku jabatan rangkap pada:
benturan kepentingan manajemen, anggota Direksi, a. Anggota Direksi pada BUMN, BUMD, Badan
Dewan Komisaris dan pemegang saham, termasuk Usaha Swasta dan jabatan lain yang dapat
penyalahgunaan aset korporasi dan penyalahgunaan menimbulkan benturan kepentingan.
dalam transaksi pihak berelasi. Komisaris yang memiliki b. Pengurus partai politik atau anggota legislatif.
benturan kepentingan tidak turut serta dalam pemantau- c. Jabatan struktural dan fungsional lainnya pada
an dan pengambilan keputusan atas potensi benturan instansi/lembaga pemerintah pusat dan atau
kepentingan yang melibatkan Komisaris atau afiliasi daerah.
Komisaris yang bersangkutan. d. Jabatan lainnya sesuai dengan peraturan
perundangan.
The Board of Commissioners monitors and manages 2. Larangan jabatan tersebut juga diatur lebih lanjut
potential conflicts of interest of management, members of dalam Board Manual.
the Board of Directors, the Board of Commissioners and 3. Seluruh Dewan Komisaris dan Direksi telah
shareholders, including misuse of corporate assets and menandatangani Surat Pernyataan Tidak Memiliki
misuse in related party transactions. Commissioners who Benturan Kepentingan.
have a conflict of interest do not participate in monitoring 4. Pedoman Penanganan Konflik Kepentingan No. A-001/
and making decisions regarding potential conflicts of PGE500/2022-S9 tanggal 31 Mei 2022.
interest involving the Commissioner or affiliates of the
Commissioner concerned. Point 1.6.1-1.6.2 Complied
Article of Association of the Company clause 14.17
stipulates that members of the Board of Directors are
prohibited to hold other positions outside the Company.
The Board of Commissioners is responsible for monitoring
and managing potential conflicts of interest involving
management, Directors, the Board of Commissioners, and
shareholders, including the misuse of corporate assets and
abuse in related-party transactions. Commissioners with
conflicts of interest do not participate in monitoring and
decision-making regarding potential conflicts of interest
involving the Commissioner or their affiliates.
Conflicts of interest are regulated in internal policies,
including:
1. The Articles of Association stipulate that members of the
Board of Directors are prohibited from holding concurrent
positions in
a. Member of the Board of Directors in SOEs, ROEs,
Private Business Entities and other positions that may
give rise to a conflict of interest
b. Political party administrators or legislative members;
c. Other structural and functional positions in central
and/or regional government agencies/institutions;
and/or
d. Other positions in accordance with laws and
regulations.
2. Prohibitions on these positions are also further regulated
in the Board Manual.
3. The entire Board of Commissioners and Directors have
signed a Statement of No Conflict of Interest.
4. Manual for Handling Conflicts of Interest No. A 001/
PGE500/2022-S9 dated 31 May 2022
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Tata Kelola Perusahaan
Good Corporate Governance
1.7 Peningkatan Kompetensi Anggota Direksi dan Dewan Komisaris
Competence Improvement for Members of the Board of Directors and the Board of Commissioners
1.7.1 Dewan Komisaris memastikan bahwa anggota Direksi dan Poin 1.7.1 Terpenuhi 339-342,
Dewan Komisaris memahami peran dan tanggung jawab 386-389
mereka, karakteristik dan operasi korporasi, peraturan Perseroan mendukung upaya peningkatan keterampilan
perundang-undangan dan standar yang relevan serta dan pengetahuan Dewan Komisaris dan Direksi, baik
kewajiban lain yang berlaku. Direksi melalui sekretaris hard skills maupun soft skilss, melalui berbagai program
korporasi mendukung semua anggota Direksi dan pelatihan dan peningkatan kompetensi. Program pelatihan
Dewan Komisaris dalam memperbarui dan menyegarkan Dewan Komisaris dan Direksi dipersiapkan oleh Sekretaris
keterampilan dan pengetahuan mereka yang diperlukan Perusahaan dan Fungsi Human Capital.
untuk menjalankan peran mereka di Dewan.
Poin 1.7.1 Terpenuhi
The Board of Commissioners ensures that members of
the Board of Directors and the Board of Commissioners The Company supports efforts to enhance the skills and
understand their roles and responsibilities, corporate knowledge of the Board of Commissioners and the Board
characteristics and operations, relevant laws and of Directors, both in hard and soft skills, through various
regulations and standards as well as other applicable training and competency improvement programs. Training
obligations. The Board of Directors through the corporate programs for the Board of Commissioners and the Board of
secretary supports all members of the Board of Directors Directors are prepared by the Corporate Secretary and the
and the Board of Commissioners in updating and Human Capital Function.
refreshing their skills and knowledge necessary to carry
out their roles on the Board.
PRINSIP | PRINCIPLE 2
KOMPOSISI DAN REMUNERASI DIREKSI DAN DEWAN KOMISARIS
COMPOSITION AND REMUNERATION OF THE BOARD OF DIRECTORS AND THE BOARD OF COMMISSIONERS
2.1 Komposisi Direksi dan Dewan Komisaris | Composition of the Board of Directors and the Board of Commissioners
2.1.1 Dalam menentukan kandidat calon direktur, Dewan Poin 2.1.1-2.1.8 Terpenuhi 2.1.1:
Komisaris melalui Komite Nominasi dan Remunerasi 393
tidak hanya mengandalkan rekomendasi dari Dewan Dalam menentukan kandidat calon Direktur, Dewan
Komisaris, manajemen atau pemegang saham mayoritas. Komisaris melalui Komite Nominasi dan Remunerasi tidak 2.1.2: 402-
Dewan Komisaris melalui Komite Nominasi dan hanya mengandalkan rekomendasi dari Dewan Komisaris, 403
Remunerasi dapat menggunakan sumber independen manajemen atau pemegang saham mayoritas, namun juga
untuk menentukan kandidat yang memenuhi syarat. bisa menggunakan sumber/konsultan independen. 2.1.3: 402-
403
In determining prospective Director candidates, the Dewan Komisaris memastikan bahwa kriteria dalam
Board of Commissioners through the Nomination menyeleksi anggota Direksi mencakup pengetahuan, 2.1.4:
and Remuneration Committee does not only rely on kemampuan dan keahlian yang dibutuhkan untuk 393
recommendations from the Board of Commissioners, memenuhi secara tepat peran Direksi serta memperhatikan
management or majority shareholders. The Board of terpenuhinya keberagaman Direksi yang dapat dilihat sub 2.1.5:
Commissioners through the Nomination and Remuneration bab Keberagaman Dewan Komisaris dan Direksi dalam 393, 432-456
Committee can use independent sources to determine bab Tata Kelola Perusahaan ini.
candidates who meet the requirements. 2.1.6:
Menurut Permen BUMN 03/2023 jo. Surat Menteri 305-306,
BUMN S-289/MBU/04/2020 juncto Surat Deputi Bidang 402-403
2.1.2 Dewan Komisaris memastikan bahwa kriteria dalam SDM dan Teknologi Informasi Kementerian BUMN No.
menyeleksi anggota Direksi mencakup paling tidak S-10/DSI.MBU/01/2022, proses seleksi calon Direksi 2.1.7:
pengetahuan, kemampuan dan keahlian yang dan calon Dewan Komisaris pada perusahaan afiliasi 307-309
dibutuhkan untuk memenuhi secara tepat peran Direksi terkonsolidasi Kementerian BUMN harus mendapatkan
serta memperhatikan terpenuhinya keberagaman Direksi. persetujuan Kementerian BUMN berdasarkan mekanisme 2.1.8:
talent & succession management sebagaimana diatur dalam 393
The Board of Commissioners ensures that the criteria for Peraturan Menteri BUMN No Per-04/MBU/06/2020.
selecting members of the Board of Directors include at
least the knowledge, abilities, and expertise required to
appropriately fulfill the role of the Board of Directors and
pay attention to the fulfillment of the diversity of the Board
of Directors.
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2.1.3 Kebijakan korporasi tentang keberagaman pada, Direksi Point 2.1.1-2.1.8 Complied
dan Dewan Komisaris diungkapkan dalam Laporan
Tahunan. In selecting candidates for Directors, the Board of
Commissioners, through the Nomination and Remuneration
Corporate policies regarding diversity among the Committee, not only relies on recommendations from
Board of Directors and the Board of Commissioners are the Board of Commissioners, management, or majority
disclosed in the Annual Report. shareholders, but can also use independent sources/
consultants.
2.1.4 Dewan Komisaris memastikan bahwa kebijakan dan The Board of Commissioners ensures that the criteria for
prosedur untuk seleksi dan nominasi Komisaris adalah selecting members of the Board of Directors include the
jelas dan transparan sehingga dapat menghasilkan knowledge, abilities, and skills needed to fulfill the role of
komposisi Dewan yang diinginkan. Dewan Komisaris the Board of Directors appropriately, while also considering
menggunakan sumber independen untuk menentukan the diversity of the Board of Directors as outlined in the
kandidat yang memenuhi syarat. Diversity of the Board of Commissioners and Board of
Directors section in this Corporate Governance chapter.
The Board of Commissioners ensures that the policies
and procedures for the selection and nomination of According to Minister of SOE Regulation 03/2023 jo.
Commissioners are clear and transparent so as to Minister of SOE Letter S-289/MBU/04/2020 juncto Deputy
produce the desired Board composition. The Board of for HR and Information Technology of the Ministry of SOE
Commissioners uses independent sources to determine Letter No. S-10/DSI.MBU/01/2022, the selection process
qualified candidates. for candidates for the Board of Directors and candidates
for the Board of Commissioners in consolidated affiliated
2.1.5 Dewan Komisaris/Komite yang menjalankan fungsi companies of the Ministry of SOE must obtain approval
nominasi menetapkan prosedur dan kriteria nominasi from the Ministry of SOE based on the talent & succession
yang konsisten dengan matriks keahlian Dewan Komisaris management mechanism as regulated in Minister of SOE
yang telah disetujui Dewan Komisaris dan memastikan Regulation No. Per-04/MBU/06/2020.
bahwa profil kandidat memenuhi persyaratan yang
ditetapkan dalam matriks keahlian dan kriteria nominasi.
The Board of Commissioners/Committee, which carries
out the nomination function, determines nomination
procedures and criteria that are consistent with the Board
of Commissioners’ skills matrix, which has been approved
by the Board of Commissioners and ensures that the
candidate profile meets the requirements set out in the
skills matrix and nomination criteria.
2.1.6 Komposisi Dewan Komisaris harus dibentuk sedemikian
rupa sehingga anggota-anggotanya secara kelompok
mencerminkan keberagaman dalam hal kemampuan,
keahlian, pengetahuan, pengalaman, usia, latar
belakang budaya, dan jender yang dibutuhkan untuk
memenuhi secara tepat peran Dewan Komisaris.
The composition of the Board of Commissioners must
be formed in such a way that its members as a group
reflect the diversity in terms of abilities, skills, knowledge,
experience, age, cultural background and gender
required to appropriately fulfill the role of the Board of
Commissioners.
2.1.7 Untuk memampukan Dewan Komisaris dalam
memberikan advis dan supervisi secara independen
kepada Direksi dan untuk peran-peran yang terdapat
potensi benturan kepentingan, Dewan Komisaris terdiri
dari Komisaris Independen yang cukup jumlahnya,
dengan masa jabatan yang dibatasi dan terdapat
pengungkapan Jangka waktu keanggotaan Dewan
Komisaris serta independensi mereka dari sudut pandang
korporasi.
To enable the Board of Commissioners to provide
independent advice and supervision to the Board of
Directors and for roles where there is a potential conflict
of interest, the Board of Commissioners consists of a
sufficient number of Independent Commissioners, with
limited terms of office and disclosure of the term of
membership of the Board of Commissioners and their
independence from a corporate perspective.
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Tata Kelola Perusahaan
Good Corporate Governance
2.1.8 Untuk memfasilitasi fungsi Direksi dan Dewan
Komisaris yang efektif dan guna meningkatkan
kepercayaan investor dan pemangku kepentingan,
Komite Nominasi dan Remunerasi memastikan bahwa
terdapat proses yang formal, ketat dan transparan
untuk penunjukan dan pengangkatan anggota Direksi
dan Dewan Komisaris.
To facilitate the effective functioning of the Board of
Directors and the Board of Commissioners and to
increase investor and stakeholder trust, the Nomination
and Remuneration Committee ensures that there
is a formal, strict and transparent process for the
designation and appointment of members of the Board
of Directors and the Board of Commissioners.
2.2 Remunerasi Direksi dan Dewan Komisaris | Remuneration of the Board of Directors and the Board of Commissioners
2.2.1 Kebijakan remunerasi anggota Direksi terdiri Poin 2.2.1-2.2.3 Terpenuhi 2.2.1:
atas struktur remunerasi yang berorientasi pada 394-399
pengembangan korporasi yang berkelanjutan dan Kebijakan remunerasi anggota Direksi dan Dewan
mendorong pencapaian tujuan jangka panjang. Komisaris terdiri atas struktur remunerasi yang berorientasi 2.2.2:
Remunerasi Direksi harus diusulkan, dapat dengan pada pengembangan korporasi yang berkelanjutan 394-399
melalui Komite Nominasi dan Remunerasi, oleh dan mendorong pencapaian tujuan jangka panjang.
Dewan Komisaris untuk diputuskan oleh RUPS. Jumlah Remunerasi Direksi dan Dewan Komisaris dapat diusulkan 2.2.3:
remunerasi yang diusulkan kepada RUPS tersebut melalui Komite Nominasi dan Remunerasi, untuk kemudian 394-399
ditetapkan dengan mempertimbangkan peran setiap diajukan oleh Dewan Komisaris untuk diputuskan oleh
anggota Direksi dan situasi ekonomi serta kinerja RUPS.
korporasi.
Jumlah remunerasi yang diusulkan kepada RUPS tersebut
The remuneration policy for members of the Board of ditetapkan dengan mempertimbangkan peran setiap
Directors consists of a remuneration structure that is anggota Direksi dan situasi ekonomi serta kinerja korporasi.
oriented towards sustainable corporate development
and encourages the achievement of long-term goals.
Directors’ remuneration must be proposed, possibly Point 2.2.1-2.2.3 Complied
through the Nomination and Remuneration Committee,
by the Board of Commissioners to be decided by the The remuneration policy for members of the Board of
GMS. The amount of remuneration proposed to the Directors and the Board of Commissioners consists of
GMS is determined by considering the role of each a remuneration structure that is oriented towards the
member of the Board of Directors and the economic development of sustainable corporations and encourages
situation and corporate performance. the achievement of long-term goals. Remuneration for the
Board of Directors and the Board of Commissioners can
2.2.2 Kebijakan remunerasi anggota Dewan Komisaris be proposed through the Nomination and Remuneration
terdiri atas struktur remunerasi yang berorientasi pada Committee, and then submitted by the Board of
pengembangan korporasi yang berkelanjutan dan Commissioners for approval by the General Meeting of
mendorong pencapaian tujuan jangka panjang. Jumlah Shareholders (RUPS).
remunerasi yang diusulkan Dewan Komisaris kepada
RUPS tersebut ditetapkan dengan mempertimbangkan The amount of remuneration proposed to the RUPS is
peran setiap anggota Dewan Komisaris dan situasi determined by considering the role of each member of
ekonomi serta kinerja korporasi. Di samping itu juga the Board of Directors, the economic situation, and the
harus dipertimbangkan posisinya sebagai Komisaris corporate performance.
Utama dan ketua serta keanggotaannya dalam
komite- komite.
The remuneration policy for members of the Board
of Commissioners consists of a remuneration structure
that is oriented towards sustainable corporate
development and encourages the achievement of long-
term goals. The amount of remuneration proposed
by the Board of Commissioners to the GMS is
determined by considering the role of each member
of the Board of Commissioners and the economic
situation and corporate performance. In addition, the
consideration must also be given to the position as
President Commissioner and chairperson as well as the
membership in committees.
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Good Corporate Governance
2.2.3 Untuk memastikan bahwa paket remunerasi ditentukan
berdasarkan prestasi, kualifikasi dan kompetensi direktur
dan komisaris dengan memperhatikan kinerja operasi
korporasi,kinerja individu dan kondisi pasar, Komite Nominasi
dan Remunerasi memastikan bahwa terdapat prosedur yang
adil dan transparan untuk menetapkan kebijakan remunerasi
anggota Direksi dan Dewan Komisaris.
To ensure that remuneration packages are determined based on
the achievements, qualifications, and competencies of Directors
and Commissioners by taking into account corporate operational
performance, individual performance and market conditions, the
Nomination and Remuneration Committee ensures that there are
fair and transparent procedures for determining remuneration
policies for members of the Board of Directors and the Board
of Commissioners.
PRINSIP | PRINCIPLE 3
HUBUNGAN KERJA ANTARA DIREKSI DAN DEWAN KOMISARIS
WORKING RELATIONS BETWEEN THE BOARD OF DIRECTORS AND THE BOARD OF COMMISSIONERS
3.1 Sifat Hubungan Kerja | Nature of Working Relations
3.1.1 Terdapat diskusi yang terbuka antara Direksi dengan Dewan Poin 3.1.1-3.1.3 Terpenuhi 3.1.1:
Komisaris serta di antara para anggota Direksi dan para 334-338
anggota Dewan Komisaris. Namun, tetap penting menjaga Hubungan kerja antara Direksi dan Dewan Komisaris ber-
kerahasiaan informasi agar tidak terjadi kebocoran informasi jalan dengan baik melalui diskusi terbuka antara Direksi 3.1.2:
rahasia. dan Dewan Komisaris serta anggota Direksi dan anggota 102-103
Dewan Komisaris.
There are open discussions between the Board of Directors and 3.1.3:
the Board of Commissioners as well as between members of the Diskusi antara Direksi dengan Dewan Komisaris dilakukan 492-496
Board of Directors and members of the Board of Commissioners. melalui Rapat Gabungan Dewan Komisaris dan Direksi
However, it is still important to maintain the confidentiality of dengan tetap menjaga kerahasiaan informasi. Rapat
information to prevent leaks of confidential information. Gabungan Dewan Komisaris dengan Direksi dilaksanakan
minimal 1 kali dalam 4 bulan. Hal ini telah sesuai dengan
Pasal 31 ayat (1) dan (3) Peraturan Otoritas Jasa Keuan-
3.1.2 Sesuai dengan tugas dan perannya masing-masing, Direksi gan No. 33/ POJK.04/2014 tentang Direksi dan Dewan
bekerja sama dengan Dewan Komisaris dalam merumuskan Komisaris Emiten atau Perusahaan Publik, serta ketentuan
misi, visi dan strategi korporasi dan secara reguler membahas Pasal 20 Anggaran Dasar Perseroan. Pada tahun 2023,
pengimplementasiannya. jumlah Rapat Gabungan Dewan Komisaris dan Direksi
adalah sebanyak 15 kali.
In accordance with their respective duties and roles, the Board
of Directors collaborates with the Board of Commissioners in Penjelasan lebih lanjut tentang Rapat Gabungan Dewan
formulating the corporate mission, vision, and strategy and Komisaris termasuk kehadiran masing-masing anggota De-
regularly discusses their implementation. wan Komisaris dan Direksi terdapat pada sub bab Rapat
Direksi dan Dewan Komisaris dalam bab Tata Kelola Pe-
rusahaan.
Point 3.1.1-3.1.3 Complied
The working relationship between the Board of Directors
and the Board of Commissioners is going well through open
discussions between the Directors and the Commissioners
as well as among the members of each.
Discussions between the Directors and the Board of Com-
missioners are conducted through the Joint Meeting of the
Board of Commissioners and the Board of Directors while
maintaining the confidentiality of information. The Joint
Meeting of the Board of Commissioners and the Board of
Directors is held at least once every 4 months. This is in ac-
cordance with Article 31 paragraphs (1) and (3) of Finan-
cial Services Authority Regulation No. 33/POJK.04/2014
regarding the Board of Directors and Board of Commis-
sioners of Issuers or Public Companies, and Article 20 of
the Company’s Articles of Association. In 2023, the number
of Joint Meetings of the Board of Commissioners and the
Board of Directors was 15 times.
Further explanation about the Joint Meeting of the Board
of Commissioners, including the attendance of each mem-
ber of the Board of Commissioners and the Board of Direc-
tors, can be found in the Board of Directors and Board of
Commissioners Meeting subsection in the Corporate Gov-
ernance chapter.
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Tata Kelola Perusahaan
Good Corporate Governance
3.1.3 Sekretaris Korporasi memiliki peran penting dalam
mendukung efektivitas hubungan kerja antara Direksi
dengan Dewan komisaris, mendorong implementasi
praktik governansi korporat yang baik, termasuk
komunikasi yang efektif dengan pemegang saham dan
pemangku kepentingan lainnya.
The Corporate Secretary plays an important role in
supporting the effectiveness of the working relationship
between the Board of Directors and the Board of
Commissioners, encouraging the implementation of
good corporate governance practices, including effective
communication with shareholders and other stakeholders.
3.2 Akses Informasi Dewan Komisaris | Access to Information of the Board of Commissioners
3.2.1 Direksi bertanggung jawab untuk memastikan Dewan Poin 3.2.1 Terpenuhi 334-338
Komisaris mendapatkan akses informasi yang akurat,
relevan dan tepat waktu. Dewan Komisaris sendiri Direksi memastikan Dewan Komisaris mendapatkan akses
memastikan bahwa ia memperoleh informasi yang informasi yang akurat, relevan dan tepat waktu sesuai ke-
memadai. Direksi menyediakan informasi kepada wenangan yang tercantum di dalam Anggaran Dasar dan
Dewan Komisaris secara teratur, tanpa penundaan Board Manual. Penyampaian informasi biasanya dilaku-
dan secara komprehensif tentang semua yang relevan kan melalui Rapat Gabungan Dewan Komisaris dan Direk-
dengan korporasi. Dewan Komisaris sewaktu-waktu si. Meski demikian, Dewan Komisaris sewaktu-waktu dapat
dapat meminta Direksi untuk memberikan informasi meminta informasi tambahan dari Direksi.
tambahan.
Point 3.2.1 Complied
The Board of Directors is responsible for ensuring that the
Board of Commissioners has access to accurate, relevant The Board of Directors ensures that the Board of Commis-
and timely information. The Board of Commissioners sioners has access to accurate, relevant and timely informa-
itself ensures that it obtains adequate information. tion in accordance with the authority stated in the Articles of
The Board of Directors provides information to the Association and Board Manual. Submission of information
Board of Commissioners regularly, without delay and is usually carried out through Joint Meetings of the Board of
comprehensively on all issues relevant to the corporation. Commissioners and Directors. However, the Board of Com-
The Board of Commissioners may at any time request missioners may at any time request additional information
additional information from the Board of Directors. from the Board of Directors.
3.3 Tanggung Jawab Direksi dan Dewan Komisaris atas Dampak Struktur Kepemilikan terhadap Korporasi
Responsibilities of the Board of Directors and The Board of Commissioners on the Impact of the Ownership Structure on the Corporation
3.3.1 Dampak struktur kepemilikan terhadap Korporasi. Direksi Poin 3.3.1 Terpenuhi 160-163
dan Dewan Komisaris mempertimbangkan tanggung
jawabnya dalam konteks struktur kepemilikan saham Seluruh anggota Dewan Komisaris dan Direksi beserta kel-
dan hubungan antar - pemegang saham korporasi yang uarganya tidak memiliki saham PGE,kecuali anggota De-
mungkin berdampak terhadap pengelolaan dan operasi wan Komisaris Bapak Dannif Danusaputro yang memiliki
korporasi. 50.000 lembar saham sebagaimana tercantum dalam Su-
rat Pernyataan Kepemilikan Saham yang ditandatangani
The impact of ownership structure on the Corporation. pada tahun 2023 oleh masing-masing anggota Dewan
The Board of Directors and the Board of Commissioners Komisaris dan Direksi. Laporan Kepemilikan Saham ang-
consider their responsibilities in the context of the gota Direksi dan Dewan Komisaris secara bulanan juga
share ownership structure and relationships between disampaikan dalam situs web Perseroan, menu “Investor”
corporate shareholders that may have an impact on the sub menu “IDX Announcements”.
management and operations of the corporation.
Point 3.3.1 Complied
All members of the Board of Commissioners and Direc-
tors and their families do not own PGE shares, except for
member of the Board of Commissioners, Mr. Dannif Danu-
saputro, who owns 50,000 shares as stated in the Share
Ownership Statement signed in 2023 by each member of
the Board of Commissioners and Directors. Monthly Share
Ownership Reports for members of the Board of Directors
and Board of Commissioners are also submitted on the
Company’s website, “Investor” menu, and “IDX Announce-
ments” sub-menu.
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Tata Kelola Perusahaan
Good Corporate Governance
PRINSIP | PRINCIPLE 4
PERILAKU ETIS | ETHICAL CONDUCT
4.1 Pedoman Etika dan Perilaku | Code of Ethics and Code of Conduct
4.1.1 Pernyataan ini dituangkan dalam Pedoman Perilaku dan Etika Poin 4.1.1-4.1.2 Terpenuhi 4.1.1:
Usaha yang harus secara jelas mengungkapkan harapan 593-595
korporasi bahwa setiap anggota Direksi dan Dewan Komisaris Perseroan telah memiliki Pedoman Etika Usaha dan Tata
serta Karyawan: Perilaku yang disahkan oleh Direktur Utama bersama 4.1.2:
1. Bertindak untuk kepentingan terbaik korporasi; Komisaris Utama/Komisaris Independen berdasarkan SK. 593-595, 601-605
2. Bertindak dengan jujur dan dengan integritas berstandar No. Kpts-035/DK/PGE/2023-S0 dan No. Kpts-036/
tinggi; PGE000/2023-S0 tanggal 31 Mei 2023. Pedoman ini
3. Bersikap independen dan bertindak berdasarkan telah dimuat dalam situs web PGE, serta diungkapkan di
informasi yang lengkap, dengan itikad baik, dengan uji dalam Laporan Tahunan dan Laporan Keberlanjutan PGE.
tuntas dan kehati-hatian.
4. Mematuhi peraturan perundang-undangan yang berlaku Point 4.1.1-4.1.2 Complied
bagi korporasi dan operasinya;
5. Menghindari tindakan yang melanggar peraturan The Company has Code of Conduct which are approved
perundang-undangan atau tindakan yang tidak etis by the President Director together with the President
berdasarkan pedoman etika korporasi; Commissioner/Independent Commissioner based on a
6. Tidak terlibat atau berpartisipasi dalam kegiatan Decree. No. Kpts-035/DK/PGE/2023-S0 and No. Kpts-
apapun yang akan menimbulkan benturan kepentingan 036/PGE000/2023-S0 dated 31 May 2023, and has
dengan kepentingan terbaik korporasi atau yang akan been published on the PGE website, and disclosed in the
berdampak negatif terhadap reputasi korporasi; PGE Annual Report and Sustainability Report.
7. Tidak mengambil manfaat atas properti atau informasi
yang dimiliki korporasi, kepemilikan aset lainnya
atau pelanggannya untuk kepentingan pribadi atau
yang menyebabkan kerugian bagi korporasi dan
pelanggannya.
8. Tidak memanfaatkan jabatannya atau peluang yang
dihasilkan oleh jabatannya untuk kepentingan pribadi.
9. Menghindari perbuatan meminta atau menerima dari
pihak ketiga pembayaran, gratifikasi atau keuntungan
lain untuk dirinya sendiri atau untuk orang lain yang
menimbulkan benturan kepentingan/memberikan
keuntungan kepada pihak ketiga secara melanggar
peraturan perundang-undangan.
10. Menghormati perbedaan pendapat dan hak-hak setiap
anggota Direksi, Dewan Komisaris, dan karyawan.
11. Memastikan pengungkapan yang lengkap, adil, akurat,
tepat waktu, dan dapat dipahami dalam laporan dan
dokumen yang disampaikan korporasi kepada regulator
dan dalam komunikasi publik lainnya.
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Tata Kelola Perusahaan
Good Corporate Governance
This statement is outlined in the Code of Conduct and Business
Ethics which must clearly express the corporation’s expectations
that each member of the Board of Directors and Board of
Commissioners as well as employees:
1. Act in the best interests of the corporation;
2. Act honestly and with high standards of integrity;
3. Be independent and act based on complete information,
in good faith, with due diligence and care.
4. Comply with the laws and regulations that apply to the
corporation and its operations;
5. Avoid actions that violate laws and regulations or
unethical actions based on corporate ethical guidelines;
6. Not be involved or participate in any activities that will
create a conflict of interest with the best interests of the
corporation or that will have a negative impact on the
corporation’s reputation;
7. Do not take advantage of property or information owned
by the corporation, ownership of other assets or its
customers for personal gain or which causes losses to the
corporation and its customers.
8. Not taking advantage of his position or the opportunities
resulting from his position for personal gain.
9. Avoid acts of requesting or receiving from third parties
payments, gratuities or other benefits for oneself or
for other people which creates a conflict of interest/
providing benefits to third parties in violation of laws and
regulations.
10. Respect differences of opinion and the rights of every
member of the Board of Directors, the Board of
Commissioners and employees.
11. Ensure complete, fair, accurate, timely and
understandable disclosure in reports and documents
submitted by the corporation to regulators and in other
public communications
4.1.2 Direksi menetapkan kebijakan dan praktik anti pencucian
uang dan pendanaan terorisme, anti suap, antikorupsi,
antikecurangan (antifraud), keterlibatan dalam politik dengan
mengacu pada standar nasional atau internasional mengenai
anti pencucian uang, anti suap, antikorupsi, antikecurangan
atau standar terkait lainnya.
The Board of Directors determines policies and practices for
anti-money laundering and terrorism financing, anti-bribery,
anti-corruption, anti-fraud, involvement in politics by referring
to national or international standards regarding anti-money
laundering, anti-bribery, anti-corruption, anti-fraud or other
related standards.
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Tata Kelola Perusahaan
Good Corporate Governance
4.2 Nilai-nilai dan Budaya Organisasi | Organization Values and Culture
4.2.1 Korporasi mengartikulasikan, menumbuhkan dan Poin 4.2.1 Terpenuhi 103
mengungkapkan budaya dan nilai-nilai korporasi.
Sebagai bagian dari Subholding Power & New Renew-
Corporations articulate, instill, and express corporate able Energy (PNRE), PGE turut mengimplementasikan core
culture and values. values BUMN AKHLAK sebagai budaya perusahaan. Pro-
gram budaya AKHLAK diterapkan secara konsisten dan di-
evaluasi pelaksanaannya setiap enam bulan sekali melalui
penyampaian realisasi KPI semua pekerja.
Point 4.2.1 Complied
As part of Subholding Power & New Renewable Energy
(PNRE), PGE also implements SOEs AKHLAK’s core values
as corporate culture. AKHLAK culture program is consis-
tently carried out and evaluated every six months through
the submission of KPIs realization for all workers.
4.3 Komunikasi dan Penegakan Pedoman Etika, Nilai-nilai dan Budaya
Communications and Enforcement of Code of Ethics, Values, and Culture
4.3.1 Pedoman perilaku dan kode etik korporasi Poin 4.3.1 Terpenuhi 593-595
dikomunikasikan secara efektif kepada Direksi, Dewan
Komisaris, serta seluruh karyawan, diintegrasikan Pedoman Etika Usaha dan Tata Perilaku (Code of Conduct)
ke dalam strategi dan operasi korporasi termasuk dikomunikasikan secara efektif dan dan disosialisasikan
sistem manajemen risiko dan struktur remunerasi, serta secara berkala melalui berbagai kampanye dan pelatihan.
ditegakkan. Setiap pelanggaran yang terbukti akan dikenakan sanksi.
The corporate Code of Conduct and Ethics are Point 4.3.1 Complied
communicated effectively to the Board of Directors, the
Board of Commissioners and all employees, integrated Business Ethics Manual and Code of Conduct are
into corporate strategy and operations including the risk communicated effectively and disseminated regularly
management system and remuneration structure, and through various campaign and trainings. Any proven
enforced. violations will be subject to sanctions.
PRINSIP | PRINCIPLE 5
MANAJEMEN RISIKO, PENGENDALIAN INTERN DAN KEPATUHAN
RISK MANAGEMENT, INTERNAL CONTROL, AND COMPLIANCE
5.1 Pengendalian Internal dan Kepatuhan | Internal Control and Compliance
5.1.1 Direksi melakukan review secara berkala atas ketepatan Poin 5.1.1 Terpenuhi 544-553
desain dan efektivitas operasional sistem governansi,
pengelolaan risiko, pengendalian internal dan Laporan Tahunan PGE telah memuat informasi mengenai
kepatuhan korporasi dan melaporkan pelaksanaan dan efektivitas operasional sistem tata kelola, pengelolaan
hasil review kepada para pemegang saham melalui risiko dan pengendalian internal, dan bagaimana
laporan tahunan Korporasi. Direksi melakukan review secara berkala atas efektivitas
operasional sistem tata kelola, pengelolaan risiko,
The Board of Directors periodically reviews the pengendalian internal dan kepatuhan korporasi.
accuracy of the design and operational effectiveness
of the governance system, risk management, internal Point 5.1.1 Complied
control, and corporate compliance and reports the
implementation and results of the review to shareholders The PGE Annual Report has included information on the
through the Corporation’s Annual Report. effectiveness of the governance system, risk management,
and internal controls, and how the Board of Directors
periodically reviews the effectiveness of the governance
system, risk management, internal controls, and corporate
compliance.
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Tata Kelola Perusahaan
Good Corporate Governance
5.2 Manajemen Risiko | Risk Management
5.2.1 Strategi dan risiko merupakan satu kesatuan, Poin 5.2.1-5.2.2 Terpenuhi 5.2.1:
diungkapkan secara transparan, masuk ke dalam 554-584
pelaksanaan tugas dan tanggung jawab Direksi dan Bagi Perseroan, strategi dan risiko merupakan satu
Dewan Komisaris, serta dalam diskusi di rapat Dewan kesatuan yang diungkapkan secara transparan serta 5.2.2:
Komisaris dan Direksi. termasuk ke dalam pelaksanaan tugas dan tanggung 456-480
jawab Direksi dan Dewan Komisaris, dan masuk ke dalam
Strategy and risk are one unit, disclosed transparently, pembahasan rapat Dewan Komisaris dan Direksi.
included in the implementation of the duties and
responsibilities of the Board of Directors and the Board Perseroan telah memiliki Pedoman Pengelolaan Risiko
of Commissioners, as well as in discussions at meetings of Perusahaan (Enterprise Risk Management) No.A-001/
the Board of Commissioners and the Board of Directors. PGE310/2023-S9 Revisi 00 tanggal 24 Agustus 2023
dan telah diungkapkan di dalam Laporan Tahunan dan
Laporan Keberlanjutan PGE. Selain itu, Dewan Komisaris
memiliki Komite Investasi dan Manajemen Risiko, serta
Direksi memiliki Komite Manajemen Risiko yang secara
bersama membantu pengawasan manajemen risiko
korporasi.
Point 5.2.1-5.2.2 Complied
5.2.2 Komite Investasi dan Manajemen Risiko membantu
pelaksanaan tugas Dewan Komisaris dengan For the Company, strategy and risk are integrated
menciptakan mekanisme yang transparan, fokus, dan and transparently disclosed as part of the duties and
independen dalam pengawasan manajemen risiko responsibilities of the Board of Directors and the Board
korporasi. of Commissioners, and are included in the discussions of
the Board of Commissioners and the Board of Directors
The Risk Management and Investment Committee assists meetings.
in carrying out the duties of the Board of Commissioners
by creating a transparent, focused and independent The Company has the Enterprise Risk Management
mechanism for supervising corporate risk management. Guideline No. A-001/PGE310/2023-S9 Revision 00 dated
August 24, 2023, which has been disclosed in the PGE
Annual Report and Sustainability Report. Additionally,
the Board of Commissioners has the Investment and Risk
Management Committee, and the Board of Directors has
the Risk Management Committee, both of which jointly
oversee corporate risk management.
5.3 Integrasi Governansi, Manajemen Risiko dan Kepatuhan | Integration of Governance, Risk Management,
and Compliance
5.3.1 Direksi membangun sistem governansi, manajemen Poin 5.3.1-5.3.2 Terpenuhi 5.3.1:
risiko, dan kepatuhan (GRC) yang terintegrasi, dengan 554-584
menangani berbagai ketidakpastian secara terpadu Direksi memastikan adanya koordinasi dan peningkatan
dan dengan integritas yang tinggi, untuk meyakinkan kapabilitas di antara sistem utama GRC melalui fungsi 5.3.2:
bahwa korporasi dapat mencapai tujuannya. Compliance yang berada dalam Divisi Legal Counsel and 544-553
Compliance yang bertanggung jawab langsung kepada
The Board of Directors has built an integrated Direktur Utama, serta fungsi Enterprise Risk Management
governance, risk management, and compliance (GRC) di bawah Direktorat Keuangan.
system, by handling various uncertainties in an integrated
manner and with high integrity, to ensure that the Poin 5.3.1-5.3.2 Terpenuhi
corporation can achieve its goals.
The Board of Directors ensures coordination and increased
capability between the key GRC systems through the
5.3.2 Direksi memastikan bahwa bagian yang membawahi Compliance function which is in the Legal Counsel and
fungsi kepatuhan tidak merangkap melaksanakan fungsi Compliance Division under the President Director, as well
yang berpotensi menimbulkan benturan kepentingan. as the Enterprise Risk Management function under the
Finance.
The Board of Directors ensures that the department in
charge of the compliance function does not concurrently
carry out functions that have the potential to cause a
conflict of interest.
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Tata Kelola Perusahaan
Good Corporate Governance
5.4 Audit Internal | Internal Audit
5.4.1 Dewan Komisaris melalui Komite Audit memantau dan Poin 5.4.1 Terpenuhi 520-542
memastikan bahwa fungsi audit internal membantu
korporasi untuk mencapai tujuannya dengan Dewan Komisaris melalui Komite Audit memastikan fungsi
membawa pendekatan yang objektif dan disiplin untuk audit internal memiliki wewenang, sumber daya dan
mengevaluasi dan meningkatkan efektivitas manajemen akses atas informasi yang memadai untuk melaksanakan
risiko, pengendalian internal, dan governansi korporat. perannya secara efektif. Selain itu Komite Audit juga
mengkaji efektivitas pelaksanaan internal audit secara
The Board of Commissioners, through the Audit Committee, berkala.
monitors and ensures that the internal audit function
helps the corporation to achieve its goals by bringing Point 5.4.1 Complied
an objective and disciplined approach to evaluating and
improving the effectiveness of risk management, internal The Board of Commissioners through the Audit Committee
control, and corporate governance. ensures that the internal audit function has adequate
authority, resources, and access to information to carry
out its role effectively. In addition, the Audit Committee
also periodically reviews the effectiveness of internal audit
implementation.
PRINSIP | PRINCIPLE 6
PENGUNGKAPAN DAN TRANSPARANSI | DISCLOSURE AND TRANSPARENCY
6.1 Kebijakan Pengungkapan | Disclosure Policy
6.1.1 Korporasi memiliki kebijakan dan prosedur Poin 6.1.1-6.1.2 Terpenuhi 6.1.1:
pengungkapan dan transparansi yang memastikan 180, 512-514
pengungkapan informasi material dan menjaga Perseroan telah memiliki kebijakan dan prosedur
informasi sensitif serta rahasia korporasi. pengungkapan dan transparansi yang memastikan 6.1.2:
pengungkapan informasi material dan menjaga informasi 180, 512-514
The Corporation has disclosure and transparency policies sensitif serta rahasia Perseroan, di antaranya tercantum
and procedures that ensure disclosure of material dalam:
information and safeguard the Company’s sensitive and 1. Tata Kelola Organisasi No. B-002/
confidential information. PGE520/2015-S0 tentang Penyampaian Informasi
2. Pedoman Tata Kelola Perusahaan yang Baik
(Code of Corporate Governance) tanggal
30 Agustus 2023, pada Bab V tentang
6.1.2 Hak Pemegang Saham untuk memperoleh secara teratur Pengungkapan dan Kerahasiaan Informasi.
dan tepat waktu informasi material yang relevan tentang
korporasi harus dipenuhi. Selain itu Perusahaan telah melaksanakan kewajiban
keterbukaan informasi material yang relevan tentang
Shareholders’ rights to obtain regularly and timely korporasi secara teratur dan tepat waktu kepada
relevant material information about the corporation must pemegang saham, baik melalui publikasi Laporan
be fulfilled. Keuangan, Laporan Tahunan dan Laporan Keberlanjutan,
pengumuman di media massa, serta informasi di situs web
Perusahaan dan online reporting Otoritas Jasa Keuangan
(OJK) serta Bursa Efek Indonesia (BEI).
Point 6.1.1-6.1.2 Complied
The Company has had disclosure and transparency policies
and procedures that ensure the disclosure of material
information and safeguard the Company’s sensitive and
confidential information, including those listed in:
1. Organizational Governance No. B-002/
PGE520/2015-S0 on Submission of Information
2. Manual for Good Corporate Governance
(Code of Corporate Governance) dated
30 August 2023, in Chapter V regarding
Disclosure and Confidentiality of Information.
In addition, the Company has carried out its obligation to
disclose relevant material information about the corporation
regularly and in a timely manner to shareholders, both
through the publication of the Financial Report, Annual
Report, and Sustainability Report, announcements in the
mass media, as well as information on the Company’s
website and the Financial Services Authority’s (OJK) online
reporting and the Indonesian Stock Exchange (IDX).
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Tata Kelola Perusahaan
Good Corporate Governance
6.2 Laporan Keuangan dan Keberlanjutan | Financial Report and Sustainability Report
6.2.1 Korporasi mengungkapkan sistem dan prosedur Poin 6.2.1-6.2.4 Terpenuhi 6.2.1:
untuk memastikan bahwa laporan keuangan interim 520-542
yang tidak diaudit atau direviu oleh auditor eksternal Perseroan memastikan bahwa laporan Keuangan interim
secara material adalah akurat, lengkap, dan mem- yang tidak diaudit atau ditinjau oleh auditor eksternal 6.2.2:
berikan investor informasi yang tepat untuk membuat secara material adalah akurat, lengkap, dan disusun 543
keputusan investasi yang tepat. berdasarkan standar akuntansi yang tepat oleh sumber
daya manusia yang memiliki kapasitas sesuai. 6.2.3:
The Corporation discloses systems and procedures to Laporan
ensure that interim financial reports that have not been Komite Audit memastikan kualitas audit laporan keuangan Keberlanjutan
audited or reviewed by an external auditor are mate- yang dilaksanakan oleh auditor eksternal. Kegiatan ini /Sustainability
rially accurate, complete, and provide investors with termasuk merekomendasikan penunjukan, penunjukan Report
appropriate information to make the right investment kembali dan, jika perlu, pemberhentian auditor eksternal.
decisions. 6.2.4:
Terkait Laporan Keberlanjutan, PGE telah menyiapkan 670
Laporan Keberlanjutan dengan mengacu kepada:
1. POJK Nomor 51/POJK.03/2017 tentang Penerapan
Keuangan Berkelanjutan
2. SE OJK Nomor 16/SEOJK.04/2021 tentang Bentuk
dan Isi Laporan Tahunan
3. Global Reporting Initiative (GRI) 2021
6.2.2 Komite Audit memastikan kualitas audit laporan
keuangan yang dilaksanakan oleh auditor eksternal. Perseroan juga telah menerbitkan Laporan Tahunan secara
Kegiatan ini termasuk merekomendasikan penunjukan, terintegrasi yang menempatkan kinerja historis ke dalam
penunjukan kembali dan, jika perlu, pemberhentian dan konteks dan menggambarkan risiko, peluang dan prospek
remunerasi auditor eksternal. korporasi di masa depan. Laporan Tahunan dan Laporan
Keberlanjutan disetujui dan ditandatangani oleh seluruh
The Audit Committee ensures the quality of financial report anggota Dewan Komisaris dan Direksi.
audits carried out by external auditors. These activities
include recommending the appointment, reappointment Point 6.2.1-6.2.4 Complied
and, if necessary, dismissal and remuneration for
external auditors. The Company ensures that unaudited or externally reviewed
interim financial statements are materially accurate,
6.2.3 Laporan berkelanjutan harus disiapkan dan diungkapkan complete, and prepared in accordance with appropriate
dengan akurat dan disusun sesuai kerangka pelaporan accounting standards by competent human resources.
keberlanjutan nasional atau internasional.
The Audit Committee ensures the quality of the audit of the
Sustainability report must be prepared and disclosed financial statements carried out by the external auditor. This
accurately and in accordance with national or includes recommending the appointment, reappointment,
international sustainability reporting frameworks. and, if necessary, the removal of the external auditor.
PGE’s sustainability report has been prepared with
reference to:
1. POJK No. 51/POJK.03/2017 on Implementation of
Sustainable Finance
6.2.4 Korporasi menerbitkan laporan tahunan secara 2. SE OJK No. 16/SEOJK.04/2021 on Forms and Contents
terintegrasi yang menempatkan kinerja historis ke dalam of Annual Report
konteks dan menggambarkan risiko, peluang, dan 3. Global Reporting Initiative (GRI) 2021
prospek korporasi di masa depan, sehingga membantu
pemegang saham dan pemangku kepentingan The Company has also published an integrated Annual
memahami tujuan strategis korporasi dan kemajuannya Report that places historical performance into context and
dalam menciptakan nilai yang berkelanjutan. describes the risks, opportunities, and future prospects
of the corporation. The Annual Report and Sustainability
Corporations publish integrated annual reports that put Report are approved and signed by all members of the
historical performance into context and describe the Board of Commissioners and the Board of Directors.
corporation’s risks, opportunities, and future prospects,
thereby helping shareholders and stakeholders
understand the corporation’s strategic objectives and its
progress in creating sustainable value.
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Tata Kelola Perusahaan
Good Corporate Governance
6.3 Diseminasi Informasi | Information Dissemination
6.3.1 Saluran penyebaran informasi harus menyediakan Poin 6.3.1-6.3.3 Terpenuhi 6.3.1:
akses yang setara, tepat waktu, dan relatif murah untuk 92
informasi yang Perseroan menyediakan akses yang setara, tepat waktu
relevan bagi pengguna. dan relatif murah untuk semua pihak yang membutuhkan 6.3.2:
informasi tentang Perseroan melalui situs web PGE dan 641
Information dissemination channels must provide equal, media sosial:
timely, and relatively inexpensive access for information • Website: www.pge.pertamina.com 6.3.3:
that is relevant to the user. • Instagram: pge.pertamina 92
• Facebook: pge.pertamina
• X: pgepertamina
• YouTube: pge.pertamina
6.3.2 Korporasi memastikan bahwa pernyataan tahunan
terhadap penerapan Pedoman Umum Governansi Point 6.3.1-6.33 Complied
Korporat Indonesia, termasuk penjelasan atas penerapan
atas masing-masing Rekomendasi dan Panduan tersedia The Company provides equal, timely, and relatively
di situs web selama jangka waktu minimal lima tahun. inexpensive access for all parties who need information
about the Company, namely through the PGE website and
The Corporation ensures that an annual statement social media:
regarding the implementation of the Indonesian Corporate • Website: www.pge.pertamina.com
Governance Manual, including an explanation of the • Instagram: pge.pertamina
implementation of each Recommendation and Guide is • Facebook: pge.pertamina
available on the website for a minimum period of five • X: pgepertamina
years. • YouTube: pge.pertamina
6.3.3 Untuk korporasi yang terdaftar di pasar modal di
yurisdiksi selain yurisdiksi asal, peraturan perundang-
undangan atas governansi korporat yang berlaku harus
diungkapkan dengan jelas. Dalam hal cross listing,
kriteria dan prosedur cross listing, kriteria dan prosedur
untuk mengakui persyaratan listing untuk listing utama
harus transparan dan didokumentasikan.
For corporations listed on the capital market in
jurisdictions other than the home jurisdiction, the
applicable corporate governance laws and regulations
must be clearly disclosed. In the case of cross listing, cross
listing criteria and procedures, criteria and procedures
for recognizing listing requirements for the main listing
must be transparent and documented.
PRINSIP | PRINCIPLE 7
HAK-HAK PEMEGANG SAHAM | THE RIGHTS OF SHAREHOLDERS
7.1 Hak Pemegang Saham | The Rights of Shareholders
7.1.1 Korporasi memiliki suatu kebijakan komunikasi yang Poin 7.1.1-7.1.3 Terpenuhi 7.1.1:
memfasilitasi dan mendorong partisipasi pemegang 515-519
saham atau investor. Perseroan telah memiliki kebijakan terkait komunikasi
dengan Pemegang Saham atau Investor yang tercantum 7.1.2:
The corporation has a communications policy that dalam Sistem Tata Kerja Penyampaian Informasi 168-173
facilitates and encourages shareholder or investor Perusahaan Kepada Investor dan Komunitas Pasar Modal.
participation. PGE melalui fungsi Investor Relation melakukan proses 7.1.3:
komunikasi dengan pemegang saham, investor, serta 264
pemangku kepentingan pendukung pasar modal.
PGE selaku entitas induk dari beberapa anak perusahaan
memastikan bahwa kebijakan governansi korporatnya
berlaku bagi entitas anak, sepanjang belum diatur
tersendiri oleh entitas anak.
Sebagai korporasi, PGE memiliki aturan dan prosedur
yang mengatur akuisisi, pengambilalihan, dan transaksi
luar biasa seperti merger dan penjualan aset korporasi
yang substansial untuk memastikan transaksi terjadi secara
transparan dan dalam kondisi yang wajar dan melindungi
hak-hak semua pemegang saham sesuai dengan kelasnya
yang diatur dalam Pedoman Pengelolaan Investasi dan
Pedoman Kerjasama Bisnis.
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Tata Kelola Perusahaan
Good Corporate Governance
7.1.2 Korporasi yang merupakan entitas induk memastikan Point 7.1.1-7.1.3 Complied
bahwa kebijakan governansi korporatnya berlaku bagi
entitas anak dan entitas sepengendali yang di dalamnya The Company has a policy regarding communication
investasi korporasi adalah signifikan. with Shareholders or Investors, which is outlined in the
Company’s Information Delivery System Work Procedures
The corporation, which is the parent entity, ensures that its to Investors and the Capital Market Community. PGE,
corporate governance policies apply to subsidiaries and through the Investor Relations function, communicates
entities under common control in which the corporation’s with shareholders, investors, and other stakeholders in the
investment is significant. capital market.
As the parent entity of several subsidiaries, PGE ensures that
its corporate governance policy applies to its subsidiary
entities, unless otherwise regulated by the subsidiaries
themselves.
As a corporation, PGE has rules and procedures governing
7.1.3 Korporasi memiliki aturan dan prosedur yang mengatur acquisitions, takeovers, and extraordinary transactions
akuisisi, pengambilalihan, dan transaksi luar biasa such as mergers and substantial corporate asset sales to
seperti merger dan penjualan aset korporasi yang ensure that transactions occur transparently and under
substansial untuk memastikan transaksi terjadi secara fair conditions, protecting the rights of all shareholders
transparan dan dalam kondisi yang wajar dan according to their respective classes as regulated in
melindungi hak-hak semua pemegang saham sesuai the Investment Management Guidelines and Business
dengan kelasnya. Collaboration Guidelines.
Corporation has rules and procedures governing
acquisitions, takeovers, and extraordinary transactions
such as mergers and sales of substantial corporate assets
to ensure transactions occur transparently and under
fair conditions and protect the rights of all shareholders
according to their class.
7.2 Perlakuan Adil Terhadap Pemegang Saham | Fair Treatment of Shareholders
7.2.1 Korporasi memiliki aturan dan prosedur yang Poin 7.2.1-7.2.3 Terpenuhi 7.2.1:
memastikan: 180-181,
a) Semua pemegang saham dari seri yang sama Perseroan memastikan untuk memberikan informasi dan 288-289
dalam satu kelas saham harus diperlakukan setara perlakuan yang setara kepada seluruh pemegang saham,
b) Pengungkapan aturan dan prosedur tersebut serta di antaranya dengan memberikan informasi dengan 7.2.2:
pengungkapan struktur modal dan pengaturan yang muatan dan waktu yang sama melalui situs web www. 264-266
memungkinkan pemegang saham tertentu memeroleh pge.pertamina.com pada menu “Investor”, dan telah
pengaruh atau kendali yang tidak proporsional dengan memiliki serta mengungkapkan kebijakan untuk mencegah 7.2.3:
kepemilikan sahamnya. terjadinya transaksi perdagangan orang dalam atau 607-610
insider trading yang tercantum dalam Kebijakan Insider
Corporation has rules and procedures that ensure: Trading yang telah dipublikasikan dalam situs web
a) All shareholders of the same series in one class of Perseroan, dalam menu “Tata Kelola”.
shares must be treated equally
b) Disclosure of these rules and procedures as well as Point 7.2.1-7.2.3 Complied
disclosure of capital structures and arrangements that
allow certain shareholders to obtain influence or control The Company ensures to provide equal information and
that is disproportionate to their share ownership. treatment to all shareholders, including by providing
information with the same content and timing through the
website www.pge.pertamina.com under the “Investor”
menu. It has also established and disclosed a policy to
prevent insider trading, which is listed in the Insider Trading
Policy published on the Company’s website under the
“Governance” menu.
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Tata Kelola Perusahaan
Good Corporate Governance
7.2.2 Korporasi memiliki aturan dan prosedur yang memastikan
transaksi pihak berelasi disetujui dan dilaksanakan sedemikian
rupa yang dapat meyakinkan bahwa benturan kepentingan
telah dikelola dengan tepat, dan melindungi kepentingan
korporasi dan pemegang saham.
Corporation has rules and procedures that ensure related party
transactions are approved and implemented in a manner that
ensures that conflicts of interest are managed appropriately,
and protects the interests of the corporation and shareholders.
7.2.3 Korporasi memiliki dan mengungkapkan kebijakan untuk
mencegah terjadinya insider trading. Korporasi memiliki
aturan yang jelas mengenai perdagangan apa pun dalam
saham korporasi yang dilakukan oleh direktur, komisaris
dan orang dalam untuk memastikan bahwa siapapun tidak
boleh mendapatkan keuntungan secara langsung atau tidak
langsung dari informasi yang tidak/belum tersedia di pasar.
Corporation has and discloses policies to prevent insider
trading. Corporation has clear rules regarding any trading in
corporate shares carried out by Directors, Commissioners and
insiders to ensure that anyone cannot profit directly or indirectly
from information that is not/not yet available on the market.
7.3 Rapat Umum Pemegang Saham | General Meeting of Shareholders
7.3.1 Korporasi melakukan panggilan RUPS dengan agenda dan Poin 7.3.1-7.3.5 Terpenuhi 7.3.1:
materi RUPS selengkap dan sedini mungkin (paling lambat 28 289-292
hari sebelum RUPS) untuk memberikan waktu dan materi yang PGE telah menyelenggarakan RUPS sesuai dengan
cukup bagi pemegang saham untuk mempelajari dengan baik ketentuan OJK dan ketentuan internal Perseroan melalui 7.3.2:
agenda rapat. Undangan rapat dan seluruh informasi RUPS TKO B-001/PGE510/2023-S9 tentang penyelenggaraan 292
diungkapkan melalui sarana elektronik seperti melalui situs RUPS. Pemanggilan RUPS dilakukan 21 hari sebelum
web korporasi. RUPS, dan Perseroan telah memiliki tata kelola RUPS yang 7.3.3:
mengatur mengenai prosedur RUPS. 293, 393
The Corporation calls for a GMS with the GMS agenda and
materials as complete and as early as possible (no later than 28 7.3.4:
days before the GMS) to provide sufficient time and materials Point 7.3.1-7.3.5 Complied 296
for shareholders to properly study the meeting agenda.
Meeting invitations and all GMS information are disclosed via PGE has held the General Meeting of Shareholders (RUPS) 7.3.5:
electronic means such as through the corporate website. in accordance with the regulations of the Financial Services 293
Authority (OJK) and the Company’s internal regulations
through the Corporate Secretary’s Office Regulation
7.3.2 Korporasi memiliki dan mengungkapkan aturan dan prosedur B-001/PGE510/2023-S9 regarding the convening of the
yang memfasilitasi pemegang saham dalam berpartisipasi dan RUPS. The notice for the RUPS is issued 21 days before the
memberikan suara secara efektif di RUPS. meeting, and the Company has a governance framework
for the RUPS that regulates the procedures for the RUPS.
The Corporation has and discloses rules and procedures that
facilitate shareholders in participating and voting effectively at
the GMS.
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Tata Kelola Perusahaan
Good Corporate Governance
7.3.3 Pemegang saham berpartisipasi efektif dalam menetapkan
penunjukan anggota Direksi dan Dewan Komisaris.
Shareholders participate effectively in determining the
appointment of members of the Board of Directors and Board
of Commissioners.
7.3.4 Korporasi memastikan transparansi dan akuntabilitas auditor
eksternal di RUPS.
The Corporation ensures transparency and accountability of
external auditors at the GMS.
7.3.5 Penyampaian hasil pemungutan suara dan ringkasan risalah
RUPS secara lengkap diumumkan ke publik pada hari kerja
berikutnya.
Submission of voting results and a complete summary of
the minutes of the GMS are announced to the public on the
following working day.
PRINSIP | PRINCIPLE 8
HAK-HAK PEMANGKU KEPENTINGAN | THE RIGHTS OF STAKEHOLDERS
8.1 Keterlibatan Pemangku Kepentingan Kunci | Stakeholder Engagement
8.1.1 Korporasi melalui Sekretaris Korporasi melaksanakan Poin 8.1.1 Terpenuhi 497-514
komunikasi yang regular, transparan dan efektif dengan
pemangku kepentingan kunci serta melibatkan mereka untuk PGE melalui Sekretaris Perusahaan melaksanakan
memahami harapan dan keluhan mereka serta dampak komunikasi yang regular, transparan dan efektif dengan
korporasi terhadap mereka. pemangku kepentingan kunci. Saluran media komunikasi
yang dapat digunakan oleh para pemangku kepentingan
The Corporation, through the Corporate Secretary, conducts untuk menyampaikan pendapat dan masukan atau
regular, transparent, and effective communication with menyuarakan keluhan, diantaranya melalui Pertamina Call
stakeholders and engages them to understand their hopes and Center 135, situs web Perusahaan (www.pge.pertamina.
complaints as well as the impact of the corporation on them. com) dan email sebagai berikut:
- Investor dan pemegang saham: pge.ir@pertamina.com
- Pelanggan: pcc135@pertamina.com
Selain itu Perseroan juga melakukan pertemuan langsung
seperti Temu Pelanggan dan pertemuan investor atau
konferensi investor.
Point 8.1.1 Complied
PGE, through the Corporate Secretary, conducts regular,
transparent, and effective communication with stakeholders.
Communication channels media that stakeholders can use
to convey opinions and input or voice complaints, include
via Pertamina Call Center 135, the Company’s website
(www.pge.pertamina.com) and email as follows:
- Investors and shareholders: pge.ir@pertamina.com
- Customers: pcc135@pertamina.com
In addition, the Company also holds in-person meetings
such as Customer Gatherings and investor conference.
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Tata Kelola Perusahaan
Good Corporate Governance
8.2 Integrasi Keberlanjutan dalam Model Bisnis | Integration of Sustainability in the Business Model
8.2.1 Dewan Komisaris bersama-sama dengan Direksi bertanggung Poin 8.2.1 Terpenuhi Laporan
jawab, akuntabel dan transparan atas governansi Keberlanjutan
keberlanjutan, termasuk menetapkan strategi, prioritas, dan Dewan Komisaris bersama-sama dengan Direksi Sustainability Report
target keberlanjutan korporasi. Direksi dan Dewan Komisaris bertanggung jawab, akuntabel dan transparan atas
memasukkan pertimbangan keberlanjutan ketika menjalankan governansi keberlanjutan, termasuk dalam hal menetapkan
perannya, termasuk antara lain dalam pengembangan dan strategi, prioritas, dan target keberlanjutan korporasi.
implementasi strategi korporasi, rencana bisnis, rencana aksi Direksi dan Dewan Komisaris memasukkan pertimbangan
utama dan manajemen risiko. keberlanjutan ketika menjalankan perannya, termasuk
antara lain dalam pengembangan dan implementasi
The Board of Commissioners, together with the Board of strategi korporasi, rencana bisnis, rencana aksi utama dan
Directors, is responsible for, accountable for, and transparent manajemen risiko.
in sustainability governance, including in the establishment of
corporate sustainability strategies, priorities, and targets. The Point 8.2.1 Complied
Board of Directors and Board of Commissioners incorporate
sustainability considerations when carrying out their roles, The Board of Commissioners, together with the Board
including in the development and implementation of corporate of Directors, is responsible for, accountable for, and
strategies, business plans, key action plans, and risk transparent in sustainability governance, including in
management. the establishment of corporate sustainability strategies,
priorities, and targets. The Board of Directors and Board
of Commissioners incorporate sustainability considerations
when carrying out their roles, including in the development
and implementation of corporate strategies, business plans,
key action plans, and risk management.
8.3 Perlindungan terhadap Pemangku Kepentingan | Protection of Stakeholders
8.3.1 Direksi memastikan dan mengungkapkan bahwa operasi Poin 8.3.1-8.3.2 Terpenuhi 8.3.1:
korporasi mencerminkan penerapan standar etika, tanggung Laporan
jawab sosial dan lingkungan yang tinggi di seluruh korporasi Direksi memastikan bahwa kegiatan operasional dan aksi Keberlanjutan/
dan memastikan bahwa kebijakan dan prosedur yang tepat korporasi telah mencerminkan penerapan standar etika, Sustainability Report
diterapkan untuk menghormati serta mematuhi hak-hak tanggung jawab sosial dan lingkungan yang tinggi untuk
pemangku kepentingan. menghormati hak-hak pemangku kepentingan. Perseroan 8.3.2:
telah menjalankan dan memiliki kebijakan mengenai Laporan
The Board of Directors ensures and discloses that the tanggung jawab Perseroan kepada pelanggan, pemasok, Keberlanjutan/
corporation’s operations reflect the adoption of high standards dan juga karyawan Perseroan. Sustainability Report
of ethics, and social and environmental responsibility throughout
the corporation and ensures that appropriate policies and Perseroan juga telah memiliki Pedoman Tanggung Jawab
procedures are in place to respect and comply with the rights Sosial dan Lingkungan (TJSL) yang diintegrasikan di seluruh
of stakeholders. lini bisnis Perseroan dan telah diungkapkan di dalam
Laporan Keberlanjutan 2023. PGE juga mengedepankan
kebijakan persaingan usaha sehat yang tercantum di
8.3.2 Direksi mendorong karyawan bekerja untuk kepentingan dalam Pedoman Etika Usaha dan Tata Perilaku atau Code
jangka panjang korporasi dan mengedepankan keberlanjutan. of Conduct.
The Board of Directors encourages employees to work in Point 8.3.1-8.3.2 Complied
the long-term interests of the corporation and prioritize
sustainability. The Board of Directors ensures that the Company’s
operations and corporation actions have reflected
the adoption of high standards of ethics, and social
and environmental responsibility to respect the rights
of its stakeholders. The Company has implemented
and established a policy regarding the Company’s
responsibilities to customers, suppliers, and Company’s
employees. In addition, the Company has also had Social
and Environmental Responsibility Guidelines that have
been integrated throughout the Company’s business lines
and disclosed in the 2023 Sustainability Report. PGE also
promotes a policy of fair competition, as stated in the Code
of Business Ethics and Code of Conduct.
664 elevate Laporan Tahunan 2023 Annual Report
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Tata Kelola Perusahaan
Good Corporate Governance
ASEAN Corporate Governance ASEAN Corporate Governance
Scorecards (ACGS) Scorecards (ACGS)
Setelah menjadi perusahaan terbuka, Perseroan After becoming a public company, the Company is
berkomitmen untuk terus meningkatkan standar committed to continuously improving the standards of
penerapan GCG. Oleh karena itu, pada tahun 2023 GCG implementation. Therefore, in 2023, we have
kami telah mempersiapkan pelaksanaan evaluasi prepared for the implementation of GCG application
penerapan GCG berdasarkan parameter ACGS, yang evaluation based on ACGS parameters, which will be
akan dipublikasikan pada Laporan Tahunan PGE 2024. published in the PGE Annual Report 2024.
ACGS sendiri adalah inisiatif forum pasar modal ACGS itself is an initiative of the ASEAN capital
ASEAN untuk meningkatkan standar dan praktik GCG market forum to enhance the standards and practices
perusahaan-perusahaan publik di kawasan ASEAN, of corporate governance of public companies in the
untuk meningkatkan visibilitas internasional atas ASEAN region, to increase international visibility of
perusahaan-perusahaan dengan penerapan GCG yang companies with good GCG implementation in ASEAN.
baik di ASEAN. Dengan menerapkan ACGS, Perseroan By implementing ACGS, the Company hopes to enhance
berharap dapat meningkatkan standar penerapan the standards of GCG implementation according
GCG sesuai standar perusahaan terbuka di ASEAN. to the standards of public companies in ASEAN..
rating esg
esg rating
Sustainalytic Sustainalytic
Pada tahun 2023 Perseroan mendapatkan peringkat In 2023, the Company achieved an ESG rating of 8.4
ESG 8.4 (Negligible Risk) dari Morningstar Sustainalytics (Negligible Risk) from Morningstar Sustainalytics, the
yang merupakan lembaga penelitian, pemeringkatan dan world’s leading independent Environmental, Social,
penyedia data Environmental, Social dan Governance and Governance (ESG) research, ratings, and data
(ESG) independen terkemuka di dunia. Peringkat provider agency. Sustainalytics' ESG rating measures
ESG dari Sustainalytics mengukur eksposur Perseroan the Company’s exposure to material ESG risks and how
terhadap risiko ESG yang material dan seberapa baik well the Company manages those risks. Negligible Risk
Perseroan mengelola risiko tersebut. Negligible Risk indicates that the Company’s ESG-related risks are so
mengindikasikan risiko Perseroan terkait ESG yang small that they can be ignored.
sangat kecil sehingga dapat diabaikan.
Dengan skor ini PGE menjadi perusahaan dengan tingkat With this score, PGE ranked 3rd as a company with the
risiko ESG terendah nomor 3 dari 701 perusahaan di lowest ESG risk out of 701 companies in the Utilities
industri Utilities, dan posisi 120 dari 15.717 perusahaan industry, and 120th out of 15,717companies globally
di dunia yang diperingkat oleh Sustainalytics. Penjelasan rated by Sustainalytics. Further explanation on PGE’s
lebih lanjut terkait rating PGE oleh Sustainalytics dapat rating by Sustainalytics can be found on the Sustainalytics
dilihat di situs web Sustainalytics. website.
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tanggung jawab sosial dan lingkungan perusahaan corporate social responsibility 666 elevate Laporan Tahunan 2023 Annual Report
Page 667
elevate Laporan Tahunan 2023 Annual Report 667
Page 668
Ikhtisar Kinerja Keberlanjutan
Sustainability Performance Highlights
2.292,00 GWh
Produksi Uap Panas Bumi
Geothermal Steam Production
4.734,57 GWh
Total Produksi Operasi Sendiri
Total Own Operation Production
163.594
Laba (Rugi) Bersih Tahun Berjalan (Dalam Ribuan USD)
2.442,57 GWh Net Profit (Loss) for the Year (In USD Thousand)
Produksi Listrik
Electricity Production
406.288
Pendapatan (Dalam Ribuan USD)
Net Profit (Loss) for the Year (In USD Thousand)
MI
406.288 NOIC
EE KO
M
Distribusi Nilai Ekonomi (Dalam Ribuan USD)
O
CON
Economic Value Distribution (In USD Thousand)
90.97%
PEMASOK LOKAL DAN NASIONAL
local and national SUPPLOERS
3.971.869,92 ton CO2eq 41.953,75 MWh
Penghindaran Emisi
N
Penghematan Energi
Emissions Avoidance
A
UENNTAL
Energy Savings
44 CO eq/ Wh
gr 2
k
K IRONM
Intensitas Emisi GENV
Emission Intensity LIN
291.853,58 m3
Penggunaan Air
Water Usage
0,04 MWh/MWh 12,06 ton
Intensitas Energi
Energy Intensity 4R Limbah Non B3
4R Non-hazardous waste generated
20
Jumlah PROGRAM Konservasi Flora dan Fauna
Total Flora and Fauna Conservation PROGRAMS
19,09 ton
4R Limbah b3
4R Hazardous waste generated 9.086.934.468
Biaya Pengelolaan Lingkungan (Dalam Rupiah)
Environmental Management Cost (In Rupiah)
Page 669
6.139.303
Jam Kerja Aman (Jam)
Safe Working Hours (Hours)
4,08* 96,42*
Kepuasan Pegawai Kepuasan Pelanggan
Employee Satisfaction Customer Satisfaction
502 *Skor|Score 1-5
*Maksimal|Maximum 100
Jumlah Total Pekerja (Orang)
Number of Total Employees (People) 17
Rata - Rata Jam Pelatihan Pekerja
Average Hours of Worker Training
SSO O
CIA
SILA
KINERJA KEBERLANJUTAN PGE
PGE SUSTAINABILITY PERFORMANCE
L
2023
Bagi PGE, keberlanjutan adalah hal yang mutlak dilakukan
secara terintegrasi agar kepentingan bisnis, lingkungan,
sosial, dan penerapan tata kelola perusahaan yang
baik dapat berjalan secara harmonis. Kami menjadikan
keberlanjutan sebagai tanggung jawab semua pihak,
mulai dari level tertinggi Dewan Komisaris dan Direksi,
manajemen, pekerja, hingga mitra kerja Perseroan.
Informasi mengenai kinerja keberlanjutan PGE
secara komprehensif diungkapkan di dalam Laporan
Keberlanjutan yang disajikan terpisah dari Laporan
T
GOVE
Tahunan.
AT
For PGE, implementing sustainability in an integrated
RN
manner is imperative so that business, environmental,
A
A
social interests, and the implementation of good
NCE
corporate governance can run harmoniously. We make
K
sustainability the responsibility of all quarters, from the
E
LOL highest level of the Board of Commissioners and the
Board of Directors, management, employees, to the
Company's business partners.
A Information on PGE's sustainability performance is
comprehensively disclosed in the Sustainability Report,
8,4
Nilai ESG Risk Rating (Sustainalytics)
ESG Risk Rating Score (Sustainalytics)parameters
15.943
Investasi Tanggung Jawab Sosial dan Lingkungan (Miliar Rupiah) 13 X
Social and Environmental Responsibility Investment PROPER EMAS UNTUK AREA KAMOJANG
(billion Rupiah) GOLD PROPER FOR KAMOJANG AREA
Page 670
laporan keuangan financial report 670 elevate Laporan Tahunan 2023 Annual Report
Page 671
PT PERTAMINA GEOTHERMAL ENERGY TBK dan entitas anaknya/and its subsidiaries Laporan keuangan konsolidasian tanggal 31 Desember 2023 dan untuk tahun yang berakhir pada tanggal tersebut beserta laporan auditor independen/ Consolidated financial statements as of December 31, 2023 and for the year then ended with independent auditor’s report
Page 672
The original consolidated financial statements included herein
are in the Indonesian language.
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
LAPORAN KEUANGAN KONSOLIDASIAN CONSOLIDATED FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2023 DAN AS OF DECEMBER 31, 2023 AND
UNTUK TAHUN YANG BERAKHIR FOR THE YEAR ENDED
PADA TANGGAL TERSEBUT WITH INDEPENDENT AUDITOR’S REPORT
BESERTA LAPORAN AUDITOR INDEPENDEN
Daftar Isi Table of Contents
Lampiran/
Schedule
Surat Pernyataan Direksi Statement of the Board of Directors
Laporan Auditor Independen Independent Auditor’s Report
Laporan Posisi Keuangan Consolidated Statement of
Konsolidasian 1/1 - 3 Financial Position
Laporan Laba Rugi dan Penghasilan Consolidated Statement
Komprehensif Lain of Profit or Loss and
Konsolidasian 2/1 - 2 Other Comprehensive Income
Laporan Perubahan Ekuitas Consolidated Statement of
Konsolidasian 3 Changes in Equity
Laporan Arus Kas Consolidated
Konsolidasian 4 Statement of Cash Flows
Catatan atas Laporan Keuangan Notes to the Consolidated
Konsolidasian 5/1 – 112 Financial Statements
***************************
Page 673
Page 674
The original report included herein is in
the Indonesian language.
Laporan Auditor Independen Independent Auditor’s Report
Laporan No. 00118/2.1032/AU.1/02/1726- Report No. 00118/2.1032/AU.1/02/1726-
3/1/II/2024 3/1/II/2024
Pemegang Saham, Dewan Komisaris, dan Direksi The Shareholders and the Boards of
PT Pertamina Geothermal Energy Tbk Commissioners and Directors
PT Pertamina Geothermal Energy Tbk
Opini Opinion
Kami telah mengaudit laporan keuangan We have audited the accompanying consolidated
konsolidasian PT Pertamina Geothermal Energy financial statements of PT Pertamina Geothermal
Tbk (“Perusahaan”) dan entitas anaknya (secara Energy Tbk (the “Company”) and its subsidiaries
kolektif disebut sebagai “Grup”) terlampir, yang (collectively referred to as the “Group”), which
terdiri dari laporan posisi keuangan konsolidasian comprise the consolidated statement of financial
tanggal 31 Desember 2023, serta laporan laba position as of December 31, 2023, and the
rugi dan penghasilan komprehensif lain consolidated statement of profit or loss and other
konsolidasian, laporan perubahan ekuitas comprehensive income, consolidated statement
konsolidasian, dan laporan arus kas konsolidasian of changes in equity, and consolidated statement
untuk tahun yang berakhir pada tanggal tersebut, of cash flows for the year then ended, and notes
serta catatan atas laporan keuangan to the consolidated financial statements, including
konsolidasian, termasuk informasi kebijakan material accounting policy information.
akuntansi material.
Menurut opini kami, laporan keuangan In our opinion, the accompanying consolidated
konsolidasian terlampir menyajikan secara wajar, financial statements present fairly, in all material
dalam semua hal yang material, posisi keuangan respects, the consolidated financial position of the
konsolidasian Grup tanggal 31 Desember 2023, Group as of December 31, 2023, and its
serta kinerja keuangan dan arus kas consolidated financial performance and cash flows
konsolidasiannya untuk tahun yang berakhir pada for the year then ended, in accordance with
tanggal tersebut, sesuai dengan Standar Indonesian Financial Accounting Standards.
Akuntansi Keuangan di Indonesia.
i
Page 675
The original report included herein is in
the Indonesian language.
Laporan Auditor Independen (lanjutan) Independent Auditor’s Report (continued)
Laporan No. 00118/2.1032/AU.1/02/1726- Report No. 00118/2.1032/AU.1/02/1726-
3/1/II/2024 (lanjutan) 3/1/II/2024 (continued)
Basis opini Basis for opinion
Kami melaksanakan audit kami berdasarkan We conducted our audit in accordance with
Standar Audit yang ditetapkan oleh Institut Standards on Auditing established by the
Akuntan Publik Indonesia (“IAPI”). Tanggung Indonesian Institute of Certified Public
jawab kami menurut standar tersebut diuraikan Accountants (“IICPA”). Our responsibilities under
lebih lanjut dalam paragraf Tanggung Jawab those standards are further described in the
Auditor terhadap Audit atas Laporan Keuangan Auditor’s Responsibilities for the Audit of the
Konsolidasian pada laporan kami. Kami Consolidated Financial Statements paragraph of
independen terhadap Grup berdasarkan our report. We are independent of the Group in
ketentuan etika yang relevan dalam audit kami accordance with the ethical requirements relevant
atas laporan keuangan konsolidasian di Indonesia, to our audit of the consolidated financial
dan kami telah memenuhi tanggung jawab etika statements in Indonesia, and we have fulfilled our
lainnya berdasarkan ketentuan tersebut. Kami other ethical responsibilities in accordance with
yakin bahwa bukti audit yang telah kami peroleh such requirements. We believe that the audit
adalah cukup dan tepat untuk menyediakan suatu evidence we have obtained is sufficient and
basis bagi opini kami. appropriate to provide a basis for our opinion.
Hal audit utama Key audit matter
Hal audit utama adalah hal-hal yang, menurut Key audit matters are those matters that, in our
pertimbangan profesional kami, merupakan hal professional judgment, were of most significance
yang paling signifikan dalam audit kami atas in our audit of the consolidated financial
laporan keuangan konsolidasian periode kini. Hal statements of the current period. Such key audit
audit utama tersebut disampaikan dalam konteks matters were addressed in the context of our audit
audit kami atas laporan keuangan konsolidasian of the consolidated financial statements taken as
secara keseluruhan, dan dalam merumuskan opini a whole, and in forming our opinion thereon, and
kami atas laporan keuangan konsolidasian terkait, we do not provide a separate opinion on such key
dan kami tidak menyatakan suatu opini terpisah audit matters. For the key audit matter below, our
atas hal audit utama tersebut. Untuk hal audit description of how our audit addressed such key
utama di bawah ini, penjelasan kami tentang audit matter is provided in such context.
bagaimana audit kami merespons hal tersebut
disampaikan dalam konteks tersebut.
ii
Page 676
The original report included herein is in
the Indonesian language.
Laporan Auditor Independen (lanjutan) Independent Auditor’s Report (continued)
Laporan No. 00118/2.1032/AU.1/02/1726- Report No. 00118/2.1032/AU.1/02/1726-
3/1/II/2024 (lanjutan) 3/1/II/2024 (continued)
Hal audit utama (lanjutan) Key audit matter (continued)
Kami telah memenuhi tanggung jawab yang We have fulfilled the responsibilities described in
diuraikan dalam paragraf Tanggung Jawab the Auditor’s Responsibilities for the Audit of the
Auditor terhadap Audit atas Laporan Keuangan Consolidated Financial Statements paragraph of
Konsolidasian pada laporan kami, termasuk our report, including in relation to the key audit
sehubungan dengan hal audit utama yang matter communicated below. Accordingly, our
dikomunikasikan di bawah ini. Oleh karena itu, audit included the performance of procedures
audit kami mencakup pelaksanaan prosedur yang designed to respond to our assessment of the risks
didesain untuk merespons penilaian kami atas of material misstatement of the accompanying
risiko kesalahan penyajian material dalam laporan consolidated financial statements. The results of
keuangan konsolidasian terlampir. Hasil prosedur our audit procedures, including the procedures
audit kami, termasuk prosedur yang dilakukan performed to address the key audit matter below,
untuk merespons hal audit utama di bawah ini, provide the basis for our opinion on the
menyediakan basis bagi opini kami atas laporan accompanying consolidated financial statements.
keuangan konsolidasian terlampir.
Penurunan nilai aset tetap Impairment of fixed assets
Penjelasan atas hal audit utama: Description of the key audit matter:
Pada tanggal 31 Desember 2023, aset tetap Grup As of December 31, 2023, the Group’s fixed assets
sebesar US$1.941 juta, yang sebagian mencakup amounted to US$1,941 million, which mostly
sumur panas bumi, instalasi, dan bangunan, comprised of geothermal wells, installations, and
mewakili 65% dari total aset konsolidasian. buildings, represents 65% of the consolidated total
Sebagaimana dijelaskan pada Catatan 3i dan 9 assets. As described in Notes 3i and 9 to the
atas laporan keuangan konsolidasian terlampir, accompanying consolidated financial statements,
nilai tercatat aset tetap konsolidasian ditelaah the carrying amount of consolidated fixed assets is
untuk penurunan nilai ketika terdapat kejadian tested for impairment whenever events or changes
atau perubahan keadaan yang mengindikasikan in circumstances indicate that the carrying amount
bahwa nilai tercatat tidak dapat terpulihkan, may not be recoverable, as required by the
sebagaimana dipersyaratkan oleh Standar Indonesian Financial Accounting Standards.
Akuntansi Keuangan di Indonesia. Audit atas Auditing the impairment of consolidated fixed
penurunan nilai aset tetap konsolidasian assets is complex and requires significant judgment
merupakan hal yang kompleks dan membutuhkan because it involves the use of certain significant
pertimbangan signifikan karena hal tersebut assumptions regarding future market and
melibatkan penggunaan asumsi-asumsi signifikan economic conditions, such as revenue growth,
tertentu mengenai kondisi pasar dan ekonomi di future capital expenditures, and weighted average
masa depan, seperti pertumbuhan pendapatan, cost of capital applied to cash flow projections.
belanja modal masa depan, dan biaya modal rata-
rata tertimbang yang diterapkan pada proyeksi
arus kas.
iii
Page 677
The original report included herein is in
the Indonesian language.
Laporan Auditor Independen (lanjutan) Independent Auditor’s Report (continued)
Laporan No. 00118/2.1032/AU.1/02/1726- Report No. 00118/2.1032/AU.1/02/1726-
3/1/II/2024 (lanjutan) 3/1/II/2024 (continued)
Hal audit utama (lanjutan) Key audit matter (continued)
Respons audit: Audit response:
Kami memeroleh suatu pemahaman mengenai We obtained an understanding of the Group’s
proses Grup atas penilaian indikator penurunan process of assessing the impairment indicator of its
nilai aset tetap konsolidasian. Kami menguji consolidated fixed assets. We tested the
kelengkapan dan keakuratan data relevan yang completeness and accuracy of the relevant data
digunakan oleh manajemen dalam penilaiannya. used by management in their assessment.
Kami melakukan prosedur audit dalam We performed audit procedures in estimating the
mengestimasi nilai terpulihkan aset tetap recoverable amount of the consolidated fixed
konsolidasian, yang meliputi, antara lain, assets, which includes, among others, assessing
penilaian atas kewajaran metode penilaiannya dan the reasonableness of its valuation methodology
pengujian atas asumsi signifikan dan data yang and testing the significant assumptions and
mendasari penilaian tersebut yang digunakan oleh underlying data used by the Group in the cash flow
Grup dalam proyeksi arus kas. Selain itu, kami projections. In addition, we compared the
membandingkan asumsi signifikan yang significant assumptions used by management in
digunakan oleh manajemen atas pertumbuhan the revenue growth and future capital expenditures
pendapatan dan biaya modal masa depan dengan to historical performance, approved management
kinerja historis, rencana manajemen yang telah plans, and to current industry and economic
disetujui, dan tren industri dan ekonomi terkini. trends. We also involved our internal auditor’s
Kami juga melibatkan pakar auditor internal kami expert to assist us in our testing of the parameters
untuk membantu kami dalam pengujian used in determining the discount rate against
parameter yang digunakan untuk menentukan market data. We assessed whether there were any
tingkat diskonto dibandingkan dengan data pasar. potential sources of contrary information.
Kami menilai apakah terdapat sumber informasi
potensial yang kontradiktif.
Pengungkapan terkait penurunan nilai aset tetap The disclosures related to impairment of
konsolidasian diungkapkan dalam Catatan 9 atas consolidated fixed assets are included in Note 9 to
laporan keuangan konsolidasian terlampir. the accompanying consolidated financial
statements.
iv
Page 678
The original report included herein is in
the Indonesian language.
Laporan Auditor Independen (lanjutan) Independent Auditor’s Report (continued)
Laporan No. 00118/2.1032/AU.1/02/1726- Report No. 00118/2.1032/AU.1/02/1726-
3/1/II/2024 (lanjutan) 3/1/II/2024 (continued)
Informasi lain Other information
Manajemen bertanggung jawab atas informasi Management is responsible for the other
lain. Informasi lain terdiri dari informasi yang information. Other information comprises the
tercantum dalam Laporan Tahunan 2023 information included in the 2023 Annual Report
(“Laporan Tahunan”) selain laporan keuangan (“The Annual Report”) other than the
konsolidasian terlampir dan laporan auditor accompanying consolidated financial statements
independen kami. Laporan Tahunan diharapkan and our independent auditor’s report thereon. The
akan tersedia bagi kami setelah tanggal laporan Annual Report is expected to be made available to
auditor independen ini. us after the date of this independent auditor’s
report.
Opini kami atas laporan keuangan konsolidasian Our opinion on the accompanying consolidated
terlampir tidak mencakup Laporan Tahunan, dan financial statements does not cover the Annual
oleh karena itu, kami tidak menyatakan bentuk Report, and accordingly, we do not express any
keyakinan apapun atas Laporan Tahunan form of assurance on the Annual Report.
tersebut.
Sehubungan dengan audit kami atas laporan In connection with our audit of the accompanying
keuangan konsolidasian terlampir, tanggung consolidated financial statements, our
jawab kami adalah untuk membaca Laporan responsibility is to read the Annual Report when it
Tahunan ketika tersedia dan, dalam becomes available and, in doing so, consider
melaksanakannya, mempertimbangkan apakah whether the Annual Report is materially
Laporan Tahunan mengandung inconsistent with the accompanying consolidated
ketidakkonsistensian material dengan laporan financial statements or our knowledge obtained in
keuangan konsolidasian terlampir atau the audit, or otherwise appears to be materially
pemahaman yang kami peroleh selama audit, atau misstated.
mengandung kesalahan penyajian material.
Ketika kami membaca Laporan Tahunan, jika kami When we read the Annual Report, if we conclude
menyimpulkan bahwa terdapat suatu kesalahan that there is a material misstatement therein, we
penyajian material di dalamnya, kami diharuskan are required to communicate the matter to those
untuk mengomunikasikan hal tersebut kepada charged with governance and take appropriate
pihak yang bertanggung jawab atas tata kelola actions based on the applicable laws and
dan melakukan tindakan yang tepat berdasarkan regulations.
peraturan perundang-undangan yang berlaku.
v
Page 679
The original report included herein is in
the Indonesian language.
Laporan Auditor Independen (lanjutan) Independent Auditor’s Report (continued)
Laporan No. 00118/2.1032/AU.1/02/1726- Report No. 00118/2.1032/AU.1/02/1726-
3/1/II/2024 (lanjutan) 3/1/II/2024 (continued)
Tanggung jawab manajemen dan pihak yang Responsibilities of management and those
bertanggung jawab atas tata kelola terhadap charged with governance for the consolidated
laporan keuangan konsolidasian financial statements
Manajemen bertanggung jawab atas penyusunan Management is responsible for the preparation and
dan penyajian wajar laporan keuangan fair presentation of the consolidated financial
konsolidasian tersebut sesuai dengan Standar statements in accordance with Indonesian Financial
Akuntansi Keuangan di Indonesia, dan atas Accounting Standards, and for such internal
pengendalian internal yang dianggap perlu oleh control as management determines is necessary to
manajemen untuk memungkinkan penyusunan enable the preparation of consolidated financial
laporan keuangan konsolidasian yang bebas dari statements that are free from material
kesalahan penyajian material, baik yang misstatement, whether due to fraud or error.
disebabkan oleh kecurangan maupun kesalahan.
Dalam penyusunan laporan keuangan In preparing the consolidated financial statements,
konsolidasian, manajemen bertanggung jawab management is responsible for assessing the
untuk menilai kemampuan Grup dalam Group’s ability to continue as a going concern,
mempertahankan kelangsungan usahanya, disclosing, as applicable, matters related to going
mengungkapkan, sesuai dengan kondisinya, hal- concern, and using the going concern basis of
hal yang berkaitan dengan kelangsungan usaha, accounting, unless management either intends to
dan menggunakan basis akuntansi kelangsungan liquidate the Group or to cease its operations, or
usaha, kecuali manajemen memiliki intensi untuk has no realistic alternative but to do so.
melikuidasi Grup atau menghentikan operasi, atau
tidak memiliki alternatif yang realistis selain
melaksanakannya.
Pihak yang bertanggung jawab atas tata kelola Those charged with governance are responsible for
bertanggung jawab untuk mengawasi proses overseeing the Group's financial reporting process.
pelaporan keuangan Grup.
vi
Page 680
The original report included herein is in
the Indonesian language.
Laporan Auditor Independen (lanjutan) Independent Auditor’s Report (continued)
Laporan No. 00118/2.1032/AU.1/02/1726- Report No. 00118/2.1032/AU.1/02/1726-
3/1/II/2024 (lanjutan) 3/1/II/2024 (continued)
Tanggung jawab auditor terhadap audit atas Auditor’s responsibilities for the audit of the
laporan keuangan konsolidasian consolidated financial statements
Tujuan kami adalah untuk memeroleh keyakinan Our objectives are to obtain reasonable assurance
memadai tentang apakah laporan keuangan about whether the consolidated financial
konsolidasian secara keseluruhan bebas dari statements as a whole are free from material
kesalahan penyajian material, baik yang misstatement, whether due to fraud or error, and
disebabkan oleh kecurangan maupun kesalahan, to issue an auditor’s report that includes our
dan untuk menerbitkan laporan auditor yang opinion. Reasonable assurance is a high level of
mencakup opini kami. Keyakinan memadai assurance, but is not a guarantee that an audit
merupakan suatu tingkat keyakinan tinggi, namun conducted in accordance with Standards on
bukan merupakan suatu jaminan bahwa audit Auditing established by the IICPA will always detect
yang dilaksanakan berdasarkan Standar Audit a material misstatement when it exists.
yang ditetapkan oleh IAPI akan selalu mendeteksi Misstatements can arise from fraud or error and
kesalahan penyajian material ketika hal tersebut are considered material if, individually or in the
ada. Kesalahan penyajian dapat disebabkan oleh aggregate, they could reasonably be expected to
kecurangan maupun kesalahan dan dianggap influence the economic decisions of users taken on
material jika, baik secara individual maupun the basis of these consolidated financial
agregat, dapat diekspektasikan secara wajar akan statements.
memengaruhi keputusan ekonomi yang diambil
oleh pengguna berdasarkan laporan keuangan
konsolidasian tersebut.
vii
Page 681
The original report included herein is in
the Indonesian language.
Laporan Auditor Independen (lanjutan) Independent Auditor’s Report (continued)
Laporan No. 00118/2.1032/AU.1/02/1726- Report No. 00118/2.1032/AU.1/02/1726-
3/1/II/2024 (lanjutan) 3/1/II/2024 (continued)
Tanggung jawab auditor terhadap audit atas Auditor’s responsibilities for the audit of the
laporan keuangan konsolidasian (lanjutan) consolidated financial statements (continued)
Sebagai bagian dari suatu audit berdasarkan As part of an audit in accordance with Standards on
Standar Audit yang ditetapkan oleh IAPI, kami Auditing established by the IICPA, we exercise
menerapkan pertimbangan profesional dan professional judgment and maintain professional
mempertahankan skeptisisme profesional selama skepticism throughout the audit. We also:
audit. Kami juga:
· Mengidentifikasi dan menilai risiko kesalahan · Identify and assess the risks of material
penyajian material dalam laporan keuangan misstatement of the consolidated financial
konsolidasian, baik yang disebabkan oleh statements, whether due to fraud or error,
kecurangan maupun kesalahan, mendesain design and perform audit procedures
dan melaksanakan prosedur audit yang responsive to those risks, and obtain audit
responsif terhadap risiko tersebut, serta evidence that is sufficient and appropriate to
memeroleh bukti audit yang cukup dan tepat provide a basis for our opinion. The risk of not
untuk menyediakan basis bagi opini kami. detecting a material misstatement resulting
Risiko tidak terdeteksinya suatu kesalahan from fraud is higher than for one resulting
penyajian material yang disebabkan oleh from error, as fraud may involve collusion,
kecurangan lebih tinggi daripada yang forgery, intentional omissions,
disebabkan oleh kesalahan, karena misrepresentations, or override of internal
kecurangan dapat melibatkan kolusi, control.
pemalsuan, penghilangan secara sengaja,
pernyataan salah, atau pengabaian atas
pengendalian internal.
· Memeroleh suatu pemahaman tentang · Obtain an understanding of internal control
pengendalian internal yang relevan dengan relevant to the audit in order to design audit
audit untuk mendesain prosedur audit yang procedures that are appropriate in the
tepat sesuai dengan kondisinya, tetapi bukan circumstances, but not for the purpose of
untuk tujuan menyatakan opini atas expressing an opinion on the effectiveness of
keefektivitasan pengendalian internal Grup. the Group's internal control.
· Mengevaluasi ketepatan kebijakan akuntansi · Evaluate the appropriateness of accounting
yang digunakan serta kewajaran estimasi policies used and the reasonableness of
akuntansi dan pengungkapan terkait yang accounting estimates and related disclosures
dibuat oleh manajemen. made by management.
viii
Page 682
The original report included herein is in
the Indonesian language.
Laporan Auditor Independen (lanjutan) Independent Auditor’s Report (continued)
Laporan No. 00118/2.1032/AU.1/02/1726- Report No. 00118/2.1032/AU.1/02/1726-
3/1/II/2024 (lanjutan) 3/1/II/2024 (continued)
Tanggung jawab auditor terhadap audit atas Auditor’s responsibilities for the audit of the
laporan keuangan konsolidasian (lanjutan) consolidated financial statements (continued)
Sebagai bagian dari suatu audit berdasarkan As part of an audit in accordance with Standards on
Standar Audit yang ditetapkan oleh IAPI, kami Auditing established by the IICPA, we exercise
menerapkan pertimbangan profesional dan professional judgment and maintain professional
mempertahankan skeptisisme profesional selama skepticism throughout the audit. We also:
audit. Kami juga: (lanjutan) (continued)
· Menyimpulkan ketepatan penggunaan basis · Conclude on the appropriateness of
akuntansi kelangsungan usaha oleh management's use of the going concern basis
manajemen dan, berdasarkan bukti audit of accounting and, based on the audit evidence
yang diperoleh, apakah terdapat suatu obtained, whether a material uncertainty
ketidakpastian material yang terkait dengan exists related to events or conditions that may
peristiwa atau kondisi yang dapat cast significant doubt on the Group's ability to
menyebabkan keraguan signifikan atas continue as a going concern. If we conclude
kemampuan Grup untuk mempertahankan that a material uncertainty exists, we are
kelangsungan usahanya. Ketika kami required to draw attention in our auditor’s
menyimpulkan bahwa terdapat suatu report to the related disclosures in the
ketidakpastian material, kami diharuskan consolidated financial statements or, if such
untuk menarik perhatian dalam laporan disclosures are inadequate, to modify our
auditor kami ke pengungkapan terkait dalam opinion. Our conclusions are based on the
laporan keuangan konsolidasian atau, jika audit evidence obtained up to the date of our
pengungkapan tersebut tidak memadai, auditor’s report. However, future events or
memodifikasi opini kami. Kesimpulan kami conditions may cause the Group to cease to
didasarkan pada bukti audit yang diperoleh continue as a going concern.
hingga tanggal laporan auditor kami.
Namun, peristiwa atau kondisi masa depan
dapat menyebabkan Grup tidak dapat
mempertahankan kelangsungan usaha.
· Mengevaluasi penyajian, struktur, dan isi · Evaluate the overall presentation, structure,
laporan keuangan konsolidasian secara and contents of the consolidated financial
keseluruhan, termasuk pengungkapannya, statements, including the disclosures, and
dan apakah laporan keuangan konsolidasian whether the consolidated financial statements
mencerminkan transaksi dan peristiwa yang represent the underlying transactions and
mendasarinya dengan suatu cara yang events in a manner that achieves fair
mencapai penyajian wajar. presentation.
· Memeroleh bukti audit yang cukup dan tepat · Obtain sufficient appropriate audit evidence
terkait informasi keuangan entitas atau regarding the financial information of the
aktivitas bisnis dalam Grup untuk entities or business activities within the Group
menyatakan opini atas laporan keuangan to express an opinion on the consolidated
konsolidasian. Kami bertanggung jawab atas financial statements. We are responsible for
arah, supervisi, dan pelaksanaan audit grup. the direction, supervision, and performance of
Kami tetap bertanggung jawab sepenuhnya the group audit. We remain solely responsible
atas opini audit kami. for our audit opinion.
ix
Page 683
The original report included herein is in
the Indonesian language.
Laporan Auditor Independen (lanjutan) Independent Auditor’s Report (continued)
Laporan No. 00118/2.1032/AU.1/02/1726- Report No. 00118/2.1032/AU.1/02/1726-
3/1/II/2024 (lanjutan) 3/1/II/2024 (continued)
Tanggung jawab auditor terhadap audit atas Auditor’s responsibilities for the audit of the
laporan keuangan konsolidasian (lanjutan) consolidated financial statements (continued)
Kami mengomunikasikan kepada pihak yang We communicate with those charged with
bertanggung jawab atas tata kelola mengenai, governance regarding, among other matters, the
antara lain, ruang lingkup dan saat yang planned scope and timing of the audit and
direncanakan atas audit serta temuan audit significant audit findings, including any significant
signifikan, termasuk setiap defisiensi signifikan deficiencies in internal control that we identify
dalam pengendalian internal yang teridentifikasi during our audit.
oleh kami selama audit.
Kami juga memberikan suatu pernyataan kepada We also provide those charged with governance
pihak yang bertanggung jawab atas tata kelola with a statement that we have complied with
bahwa kami telah mematuhi ketentuan etika yang relevant ethical requirements regarding
relevan mengenai independensi, dan independence, and to communicate with them all
mengomunikasikan kepada pihak tersebut seluruh relationships and other matters that may
hubungan, serta hal-hal lain yang dianggap secara reasonably be thought to bear on our
wajar berpengaruh terhadap independensi kami, independence, and where applicable, related
dan, jika relevan, pengamanan terkait. safeguards.
Dari hal-hal yang dikomunikasikan kepada pihak From the matters communicated with those
yang bertanggung jawab atas tata kelola, kami charged with governance, we determine those
menentukan hal-hal tersebut yang paling matters that were of most significance in the audit
signifikan dalam audit atas laporan keuangan of the consolidated financial statements of the
konsolidasian periode kini dan oleh karenanya current period and are therefore the key audit
menjadi hal audit utama. Kami menguraikan hal matters. We describe such key audit matters in our
audit utama tersebut dalam laporan auditor kami auditor’s report unless laws or regulations preclude
kecuali peraturan perundang-undangan melarang public disclosure about such key audit matters or
pengungkapan publik tentang hal audit utama when, in extremely rare circumstances, we
tersebut atau ketika, dalam kondisi yang sangat determine that a key audit matter should not be
jarang terjadi, kami menentukan bahwa suatu hal communicated in our report because the adverse
audit utama tidak boleh dikomunikasikan dalam consequences of doing so would reasonably be
laporan kami karena konsekuensi yang merugikan expected to outweigh the public interest benefits of
dari mengomunikasikan hal tersebut akan such communication.
diekspektasikan secara wajar melebihi manfaat
kepentingan publik atas komunikasi tersebut.
KAP Purwantono, Sungkoro & Surja
Irwan Haswir
Registrasi Akuntan Publik No. AP.1726/Public Accountant Registration No. AP.1726
29 Februari 2024/February 29, 2024
x
Page 684
The original consolidated financial statements included herein are in the
Indonesian language.
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 1/1 Schedule
LAPORAN POSISI KEUANGAN CONSOLIDATED STATEMENT OF
KONSOLIDASIAN FINANCIAL POSITION
TANGGAL 31 DESEMBER 2023 AS OF DECEMBER 31, 2023
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
31 Desember/ 31 Desember/
Catatan/ December 31, December 31,
Notes 2023 2022
ASET ASSETS
ASET LANCAR CURRENT ASSETS
Kas dan setara kas 3e,3r,5,26e 677.717 262.302 Cash and cash equivalents
Piutang usaha 3g,3r,6a Trade receivables
- Pihak yang berelasi 3f,26f 132.273 120.125 Related parties -
- Pihak ketiga 4.018 3.098 Third parties -
Piutang lain-lain 3g,3r,6b Other receivables
- Pihak yang berelasi 3f,26g 5.420 2.337 Related parties -
- Pihak ketiga 101 31 Third parties -
Persediaan 3h,7 22.644 20.082 Inventories
Pajak pertambahan nilai (“PPN”) Reimbursable
yang dapat ditagihkan value added tax
kembali – bagian lancar 25a 5.492 2.673 (“VAT”) – current portion
Tagihan pengembalian pajak 25b 291 - Claim for tax refund
Biaya dibayar di muka 8 519 322 Prepayments
Aset lain-lain 13a 14.803 22.337 Other assets
JUMLAH ASET LANCAR 863.278 433.307 TOTAL CURRENT ASSETS
ASET TIDAK LANCAR NON-CURRENT ASSET
Piutang lain-lain pihak Other receivables
yang berelasi 3f,3r,6b 8.256 8.533 related parties
Aset tetap, bersih 3i,3j,9 1.941.009 1.901.716 Fixed assets, net
Aset hak guna, bersih 10 1.927 3.787 Right-of-use assets, net
Investasi pada ventura bersama 3z,11 11.640 - Investment in joint ventures
PPN yang dapat ditagihkan Reimbursable
kembali – bagian tidak lancar 25a 108.985 103.912 VAT – non-current portion
Aset keuangan yang dinilai pada Financial assets measures at
nilai wajar melalui pendapatan fair value through other
komperehensif lain 3r,12,29,30 29.004 23.841 comprehensive income
Aset lain-lain, bersih 13b 42 42 Other assets, net
JUMLAH ASET TIDAK TOTAL NON-CURRENT
LANCAR 2.100.863 2.041.831 ASSETS
JUMLAH ASET 2.964.141 2.475.138 TOTAL ASSETS
Catatan atas laporan keuangan konsolidasian terlampir The accompanying notes form an integral part of these
merupakan bagian integral dari consolidated financial statements.
laporan keuangan konsolidasian ini.
Page 685
The original consolidated financial statements included herein are in the
Indonesian language.
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 1/2 Schedule
LAPORAN POSISI KEUANGAN CONSOLIDATED STATEMENT OF
KONSOLIDASIAN FINANCIAL POSITION
TANGGAL 31 DESEMBER 2023 (lanjutan) AS OF DECEMBER 31, 2023 (continued)
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
31 Desember/ 31 Desember/
Catatan/ December 31, December 31,
Notes 2023 2022
LIABILITAS DAN EKUITAS LIABILITIES AND EQUITY
LIABILITAS LIABILITIES
LIABILITAS JANGKA PENDEK CURRENT LIABILITIES
Utang usaha 3k,3r,14 Trade payables
- Pihak yang berelasi 3f,26h 4.543 1.782 Related parties –
- Pihak ketiga 77.977 63.774 Third parties –
Utang lain-lain pihak Other payables
yang berelasi 3f,3k,3r,26i 25.952 97.696 related parties
Pinjaman bank jangka pendek 3l,3r,16 - 600.000 Short-term bank loan
Pinjaman jangka panjang yang
akan jatuh tempo dalam Current maturities
satu tahun 3l,3r,26j 15.500 15.580 of long-term loans
Liabilitas sewa yang akan jatuh Current maturities
tempo dalam satu tahun 3r,10 910 1.864 of lease liabilities
Utang pajak 3p,25c 18.007 10.860 Taxes payable
Biaya yang masih harus dibayar 3r,15,26k 83.333 37.437 Accrued expenses
Imbalan kerja jangka pendek 3n,18a 17.671 28.505 Short-term employee benefits
Pendapatan tangguhan 211 284 Deferred revenue
JUMLAH LIABILITAS TOTAL CURRENT
JANGKA PENDEK 244.104 857.782 LIABILITIES
LIABILITAS JANGKA NON-CURRENT
PANJANG LIABILITIES
Liabilitas pajak Deferred tax
tangguhan, bersih 3p,25e 15.466 13.903 liabilities, net
Liabilitas sewa –
setelah dikurangi bagian
yang jatuh tempo Lease liabilities, net of
dalam satu tahun 3r,10 1.113 160 current maturity
Utang obligasi 3r,17 398.236 - Bonds payable
Pinjaman jangka panjang
setelah dikurangi bagian
yang jatuh tempo Long-term loans, net of
dalam satu tahun 3l,3r,26j 315.083 327.704 current maturities
Imbalan kerja jangka panjang 3n,18b 13.425 14.644 Long-term employee benefits
Kewajiban jangka panjang lainnya 3n,18c 5.458 5.404 Other long-term liabilitites
JUMLAH LIABILITAS TOTAL NON-CURRENT
JANGKA PANJANG 748.781 361.815 LIABILITIES
JUMLAH LIABILITAS 992.885 1.219.597 TOTAL LIABILITIES
Catatan atas laporan keuangan konsolidasian terlampir The accompanying notes form an integral part of these
merupakan bagian integral dari consolidated financial statements.
laporan keuangan konsolidasian ini.
Page 686
The original consolidated financial statements included herein are in the
Indonesian language.
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 1/3 Schedule
LAPORAN POSISI KEUANGAN CONSOLIDATED STATEMENT OF
KONSOLIDASIAN FINANCIAL POSITION
TANGGAL 31 DESEMBER 2023 (lanjutan) AS OF DECEMBER 31, 2023 (continued)
(Disajikan dalam ribuan 1ollar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
31 Desember/ 31 Desember/
Catatan/ December 31, December 31,
Notes 2023 2022
LIABILITAS DAN EKUITAS LIABILITY AND EQUITY
(lanjutan) (continued)
EKUITAS EQUITY
Ekuitas yang dapat Equity attributable
diatribusikan kepada to owners of
pemilik entitas induk the parent entity
Modal saham Share capital
Modal dasar – 124.184.568.000 Authorized – 124,184,568,000
saham dengan nilai nominal Rp500 shares with par value of Rp500
pada 31 Desember 2023 dan 2022 as of December 31, 2023 and 2022
(dalam nilai penuh) (in full amount)
Modal ditempatkan dan disetor Issued and paid-up capital
41.396.142.000 saham pada 41,396,142,000 shares
tanggal 31 Desember 2023 as of December 31, 2023
(2022: 31.046.142.000 saham) 19a 1.470.520 1.102.855 (2022: 31,046,142,000 shares)
Tambahan modal disetor 3v,3y,19b 183.525 (27.804) Additional paid in capital
Pendapatan komprehensif Other comprehensive income:
lainnya: pengukuran kembali remeasurement of fair value
nilai wajar atas investasi ekuitas 19.140 15.732 on equity investment
Saldo laba 19c Retained earnings
- Ditentukan penggunaannya 132.269 104.950 Appropriated -
- Belum ditentukan
penggunaannya 166.026 60.008 Unappropriated -
Jumlah ekuitas yang dapat Total equity attributable
diatribusikan kepada to owners of
pemilik entitas induk 1.971.480 1.255.741 the parent entity
Kepentingan non-pengendali 20 (224) (200) Non-controlling interest
JUMLAH EKUITAS 1.971.256 1.255.541 TOTAL EQUITY
JUMLAH LIABILITAS TOTAL LIABILITIES
DAN EKUITAS 2.964.141 2.475.138 AND EQUITY
Catatan atas laporan keuangan konsolidasian terlampir The accompanying notes form an integral part of these
merupakan bagian integral dari consolidated financial statements.
laporan keuangan konsolidasian ini.
Page 687
The original consolidated financial statements included herein are in the
Indonesian language.
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 2/1 Schedule
LAPORAN LABA RUGI DAN PENGHASILAN CONSOLIDATED STATEMENTS OF PROFIT OR LOSS
KOMPREHENSIF LAIN KONSOLIDASIAN AND OTHER COMPREHENSIVE INCOME
UNTUK TAHUN YANG BERAKHIR PADA FOR THE YEAR ENDED
TANGGAL 31 DESEMBER 2023 DECEMBER 31, 2023
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
Catatan/
Notes 2023 2022
PENDAPATAN 3m,21,26b 406.288 386.068 REVENUE
BEBAN POKOK
PENDAPATAN DAN COST OF REVENUE
BEBAN LANGSUNG AND OTHER DIRECT
LAINNYA 3m,22,26c (178.977) (173.208) COST
LABA BRUTO 227.311 212.860 GROSS PROFIT
Beban umum dan General and administrative
administrasi (5.526) (11.801) expenses
Pendapatan keuangan 22.171 1.202 Finance income
Pendapatan/(beban)
lain-lain, bersih 24 21.220 7.322 Other income/(expense), net
LABA USAHA 265.176 209.583 OPERATING PROFIT
Beban keuangan 23 (24.215) (14.822) Finance costs
LABA SEBELUM BEBAN PROFIT BEFORE
PAJAK PENGHASILAN 240.961 194.761 INCOME TAX EXPENSE
BEBAN PAJAK
PENGHASILAN 3p,25d (77.391) (67.442) INCOME TAX EXPENSE
LABA TAHUN BERJALAN 163.570 127.319 PROFIT FOR THE YEAR
Penghasilan komprehensif lain Other comprehensive income
Pos-pos yang tidak akan Items that will not be
direklasifikasi ke laba rugi reclassified to profit or loss
Pengukuran kembali atas Net remeasurement of
liabilitas imbalan pasti neto (271) 571 defined benefits liability
(Kerugian)/Keuntungan nilai wajar aset Net fair value (loss)/gain on
bersih atas investasi ekuitas 3.408 (1.402) equity investment
(KERUGIAN)/PENGHASILAN
KOMPREHENSIF LAIN OTHER COMPREHENSIVE
NETO SETELAH PAJAK 3.137 (831) (LOSS)/INCOME, NET OF TAX
JUMLAH PENGHASILAN
KOMPREHENSIF TOTAL COMPREHENSIVE
TAHUN BERJALAN 166.707 126.488 INCOME FOR THE YEAR
Catatan atas laporan keuangan konsolidasian terlampir The accompanying notes form an integral part of these
merupakan bagian integral dari consolidated financial statements.
laporan keuangan konsolidasian ini.
Page 688
The original consolidated financial statements included herein are in the
Indonesian language.
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 2/2 Schedule
LAPORAN LABA RUGI DAN PENGHASILAN CONSOLIDATED STATEMENTS OF PROFIT OR LOSS
KOMPREHENSIF LAIN KONSOLIDASIAN UNTUK AND OTHER COMPREHENSIVE INCOME
TAHUN YANG BERAKHIR PADA FOR THE YEAR ENDED
TANGGAL 31 DESEMBER 2023 (lanjutan) DECEMBER 31, 2023 (continued)
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
Catatan/
Notes 2023 2022
LABA TAHUN BERJALAN
YANG DAPAT PROFIT FOR THE YEAR
DIATRIBUSIKAN KEPADA: ATTRIBUTABLE TO:
Pemilik entitas induk 163.594 127.340 Owners of the parent entity
Kepentingan non-pengendali (24) (21) Non-controlling interest
Jumlah 163.570 127.319 Total
TOTAL PENGHASILAN
KOMPREHENSIF TAHUN TOTAL COMPREHENSIVE
BERJALAN YANG DAPAT INCOME FOR THE YEAR
DIATRIBUSIKAN KEPADA: ATTRIBUTABLE TO:
Pemilik entitas induk 166.731 126.509 Owners of the parent entity
Kepentingan non-pengendali (24) (21) Non-controlling interest
Jumlah 166.707 126.488 Total
LABA PER SAHAM DASAR EARNINGS PER SHARE
DIATRIBUSIKAN KEPADA ATTRIBUTABLE TO
PEMILIK ENTITAS INDUK OWNERS OF THE PARENT
(NILAI PENUH) 3x,28 0,0040 0,0041 ENTITY (FULL AMOUNT)
Catatan atas laporan keuangan konsolidasian terlampir The accompanying notes form an integral part of these
merupakan bagian integral dari consolidated financial statements.
laporan keuangan konsolidasian ini.
Page 689
The original consolidated financial statements included herein are in the Indonesian language.
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 3 Schedule
LAPORAN PERUBAHAN EKUITAS KONSOLIDASIAN CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY
UNTUK TAHUN YANG BERAKHIR PADA FOR THE YEAR ENDED DECEMBER 31, 2023
TANGGAL 31 DESEMBER 2023
(Disajikan dalam ribuan dolar Amerika Serikat, kecuali dinyatakan lain) (Expressed in thousands of United States dollar, unless otherwise stated)
Tambahan
modal Pendapatan
Modal disetor/ komprehensif Saldo laba/Retained earnings Kepentingan
saham/ Additional lainnya/Other Ditentukan Belum ditentukan non-pengendali/
Catatan/ Share paid- comprehensive penggunaannya/ penggunaannya/ Non-controlling Jumlah ekuitas/
Notes capital in capital income Appropriated Unappropriated interest Total equity
Saldo 1 Januari 2022 1.102.855 (27.804) 17.134 49.908 87.139 (179) 1.229.053 Balance as at January 1, 2022
Pengukuran kembali nilai wajar Remeasurement of fair value on
atas investasi ekuitas 3r - - (1.402) - - - (1.402) equity investment
Pendapatan komprehensif lain Net other comprehensive income
atas imbalan pasti neto - - - - 571 - 571 of defined benefit
Alokasi cadangan lainnya 19c - - - 55.042 (55.042) - Other reserved allocation
Dividen 27 - - - - (100.000) - (100.000) Dividends
Laba tahun berjalan - - - - 127.340 (21) 127.319 Profit for the year
Saldo 31 Desember 2022 1.102.855 (27.804) 15.732 104.950 60.008 (200) 1.255.541 Balance as at December 31, 2022
Saldo 1 Januari 2023 1.102.855 (27.804) 15.732 104.950 60.008 (200) 1.255.541 Balance as at January 1, 2023
Penerbitan saham/modal disetor 367.665 208.916 - - - - 576.581 Shares issuance/paid in capital
Kompensasi berbasis saham 19b - 2.413 - - - - 2.413 Share-based compensation
Pengukuran kembali nilai wajar Remeasurement of fair value on
atas investasi ekuitas - - 3.408 - - - 3.408 equity investment
Kerugian komprehensif lain Net other comprehensive loss
atas imbalan pasti neto - - - - (271) - (271) of defined benefit
Alokasi cadangan lainnya 19c - - - 27.319 (27.319) - Other reserved allocation
Dividen 3u,27 - - - - (29.986) - (29.986) Dividends
Laba tahun berjalan - - - - 163.594 (24) 163.570 Profit for the year
Saldo 31 Desember 2023 1.470.520 183.525 19.140 132.269 166.026 (224) 1.971.256 Balance as at December 31, 2023
Catatan atas laporan keuangan konsolidasian terlampir merupakan bagian integral dari The accompanying notes form an integral part of these consolidated
laporan keuangan konsolidasian ini. financial statements.
Page 690
The original consolidated financial statements included herein are in
the Indonesian language.
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 4 Schedule
LAPORAN ARUS KAS KONSOLIDASIAN CONSOLIDATED STATEMENTS OF CASH FLOWS
UNTUK TAHUN YANG BERAKHIR FOR THE YEAR ENDED
PADA TANGGAL 31 DESEMBER 2023 DECEMBER 31, 2023
(Disajikan dalam ribuan dolar Amerika Serikat, kecuali (Expressed in thousands of United States dollar,
dinyatakan lain) unless otherwise stated)
Catatan/
Notes 2023 2022
ARUS KAS DARI CASH FLOWS FROM
AKTIVITAS OPERASI OPERATING ACTIVITIES
Penerimaan kas dari pelanggan 797.575 769.822 Cash receipts from customers
Penerimaan kas dari pendapatan bunga 21.903 1.054 Cash receipt interest income
Penerimaan kas dari klaim asuransi 522 139 Cash receipt from insurance claim
Pembayaran kas kepada pemasok (476.309) (447.480) Cash paid to suppliers
Pembayaran kas atas pajak penghasilan (78.412) (80.782) Cash payments of income tax
Pembayaran kas kepada karyawan (28.755) (27.586) Cash paid to employees
Pembayaran kas antar anak perusahaan (778) - Cash paid between subsidiary
Pembayaran premi asuransi Cash payments of insurance
dan klaim lainnya (434) (793) premium and others claim
Penerimaan kas Cash receipts from
dari aktivitas operasi lainnya 17.694 5.924 other operating activities
Arus kas bersih yang diperoleh Net cash flows provided by
dari aktivitas operasi 253.006 220.298 operating activities
ARUS KAS DARI AKTIVITAS CASH FLOWS FROM
INVESTASI INVESTING ACTIVITIES
Penerimaan kas dari Cash receipt from
aktivitas investasi lainnya 1.174 2.707 other investment activities
Pengurangan kas yang
dibatasi penggunaannya - 10.100 Reduction in restricted cash
Penambahan investasi di anak perusahaan Additional investment in
dan perusahaan asosiasi (11.540) - subsidiaries and associates
Penambahan aset tetap (68.114) (30.932) Additions to fixed assets
Arus kas bersih yang digunakan Net cash flows used in
untuk aktivitas investasi (78.480) (18.125) investing activities
ARUS KAS DARI AKTIVITAS CASH FLOWS FROM
PENDANAAN FINANCING ACTIVITIES
Penerimaan kas atas penerbitan saham 589.269 - Cash receipt from shares issuance
Penerimaan kas atas penerbitan obligasi 34 399.737 - Cash receipt from bond issuance
Pembayaran kas atas dividen 27 (100.000) (30.000) Cash paid of dividend
Pembayaran pinjaman jangka pendek 34 (600.000) - Cash paid of short term loan
Pembayaran pinjaman jangka panjang (7.729) (18.972) Cash paid of long term loan
Pembayaran beban keuangan (35.299) (14.409) Cash paid of finance expenses
Pembayaran kas atas Cash paid for
penerbitan saham dan obligasi (4.888) - shares and bonds issuance
Arus kas bersih yang diperoleh/(digunakan) Net cash flows provided/(used)
untuk aktivitas pendanaan 241.090 (63.381) in financing activities
KENAIKAN NETO NET INCREASE CASH AND
KAS DAN SETARA KAS 415.616 138.792 CASH EQUIVALENTS
CASH AND CASH
SALDO KAS DAN SETARA EQUIVALENTS AT THE
KAS PADA AWAL TAHUN 262.302 125.335 BEGINNING OF THE YEAR
EFEK PERUBAHAN EFFECT OF EXCHANGE RATE
NILAI KURS PADA CHANGES ON CASH AND
KAS DAN SETARA KAS (201) (1.825) CASH EQUIVALENTS
CASH AND CASH
SALDO KAS DAN SETARA EQUIVALENTS AT THE
KAS PADA AKHIR TAHUN 677.717 262.302 END OF THE YEAR
Catatan atas laporan keuangan konsolidasian terlampir The accompanying notes form an integral part of these
merupakan bagian integral dari laporan keuangan consolidated financial statements.
konsolidasian ini.
Page 691
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/1 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2023 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2023 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
1. INFORMASI UMUM 1. GENERAL INFORMATION
a. Perusahaan a. Company
(i) Profil Perusahaan (i) Company Profile
PT Pertamina Geothermal Energy PT Pertamina Geothermal Energy (the
(“Perusahaan”) didirikan berdasarkan Akta “Company”) was established on
Notaris No. 10 tanggal 12 Desember 2006 December 12, 2006 by Notarial Deed No.
oleh Marianne Vincentia Hamdani, S.H. 10 of Marianne Vincentia Hamdani, S.H.
Akta pendirian Perusahaan telah mendapat The deed of establishment was approved by
pengesahan dari Menteri Hukum dan Hak the Ministry of Law and Human Rights in
Asasi Manusia dengan surat keputusan No. decision letter No. W7-00089.HT.01.01-
W7-00089.HT.01.01-TH.2007 tanggal 3 TH.2007 dated January 3, 2007 and was
Januari 2007 serta telah diumumkan dalam published in the State Gazette No. 29
Berita Negara No. 29 Tambahan No. 3467 Supplement No. 3467 dated
tanggal 10 April 2007. April 10, 2007.
Anggaran Dasar Perusahaan telah The Company's Articles of Association have
mengalami beberapa kali perubahan. undergone several changes. The latest
Perubahan Anggaran Dasar yang terakhir amendments to the Articles of Association
dituangkan dalam Akta Nomor 12 tanggal 8 are stated in Deed Number 12 dated June 8
Juni 2023 dan telah mendapat persetujuan 2023 and have received approval from the
Menteri Hukum dan Hak Asasi Manusia Minister of Law and Human Rights of the
Republik Indonesia berdasarkan Keputusan Republic of Indonesia based on Decree No.
No. AHU-0033555.AH.01.02.Tahun 2023 AHU-0033555.AH.01.02.Year 2023 dated
tanggal 15 Juni 2023 serta telah mendapat June 15, 2023 and received notification
penerimaan pemberitahuan dari Menteri from the Minister of Law and Human Rights
Hukum dan Hak Asasi Manusia Republik of the Republic of Indonesia via letter No.
Indonesia melalui surat No. AHU-AH.01.09- AHU-AH.01.09-0126806 dated June 13,
0126806 tanggal 13 Juni 2023. 2023.
Perusahaan bergerak di bidang panas bumi The Company was established to engage
dari sisi hulu dan atau sisi hilir baik di dalam in geothermal activities, including
maupun di luar negeri serta kegiatan usaha in the upstream and or downstream sectors,
lain yang terkait atau menunjang kegiatan in Indonesia and abroad, and other related
usaha di bidang panas bumi tersebut. or supporting business activities in the field
Perusahaan mulai beroperasi secara of geothermal energy. The Company
komersial pada tanggal 3 Januari 2007. started its commercial operations on
January 3, 2007.
Pendirian Perusahaan merupakan tindak The Company’s establishment is related to
lanjut dari diterbitkannya Undang-undang Law No. 22 of 2001 dated November 23,
No. 22 Tahun 2001 tanggal 23 November 2001 regarding Oil and Gas, and
2001 tentang Minyak dan Gas Bumi dan Government Regulation No. 31 of 2003
Peraturan Pemerintah No. 31 Tahun 2003 dated June 18, 2003 regarding the
tanggal 18 Juni 2003 tentang Pengalihan transformation of Perusahaan
Bentuk Perusahaan Pertambangan Minyak Pertambangan Minyak dan Gas Bumi
dan Gas Bumi Negara (PERTAMINA, Negara (PERTAMINA, the “former
selanjutnya disebut ”Pertamina Lama”) Pertamina Entity”) into PT Pertamina
menjadi PT Pertamina (Persero) (Persero) (”Pertamina”).
(”Pertamina”).
Page 692
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/2 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2023 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2023 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
1. INFORMASI UMUM (lanjutan) 1. GENERAL INFORMATION (continued)
a. Perusahaan (lanjutan) a. Company (continued)
(i) Profil Perusahaan (lanjutan) (i) Company Profile (continued)
Berdasarkan ketentuan Pasal 7 Peraturan Pursuant to Article 7 of Government
Pemerintah No. 31 Tahun 2003 tentang Regulation No. 31 of 2003 regarding the
pengalihan bentuk Pertamina Lama transformation of the former Pertamina
menjadi Perusahaan Perseroan (Persero), Entity into a limited liability company, within
dalam jangka waktu paling lama dua tahun two years from Pertamina’s establishment,
sejak Pertamina didirikan, kegiatan usaha Pertamina should transfer all of its
bidang panas bumi yang dilaksanakan oleh geothermal activities to a subsidiary. To
Pertamina beralih kepada anak perusahaan satisfy this requirement, Pertamina has
yang dibentuknya. Untuk memenuhi established the Company to continue
ketentuan ini, Pertamina mendirikan Pertamina’s geothermal business activities.
Perusahaan untuk meneruskan kegiatan
usaha panas bumi.
Pertamina membentuk subholding Power, Pertamina formed a subholding of Power,
New and Renewable Energy (“PNRE”) New and Renewable Energy (“PNRE”) in
dalam rangka mengembangkan sektor order to develop the electricity and new &
pembangkitan listrik dan energi baru & renewable energy generation sector on
terbarukan pada 12 Juni 2020 dimana June 12, 2020 where the Company was
Perusahaan ditetapkan menjadi anak determined to be a subsidiary of the sub
perusahaan subholding tersebut. Status holding. Legal end-state of PNRE
hukum atas pembentukan subholding subholding formation was on August 1,
PNRE disahkan pada 1 Agustus 2021. 2021.
Entitas induk Perusahaan adalah The Company’s parent is PT Pertamina
PT Pertamina Power Indonesia dan entitas Power Indonesia and its ultimate parent is
induk terakhirnya adalah Pemerintah the Government of the Republic of
Republik Indonesia. Indonesia.
Dalam Laporan keuangan konsolidasian ini, In this consolidated financial statement, the
Perusahaan dan entitas anaknya bersama- Company and its subsidiaries are together
sama disebut “Grup”. referred to as the “Group”.
(ii) Penawaran Umum Efek Perusahaan (ii) The Company’s Public Offering
Pada tanggal 16 Februari 2023, On February 16, 2023, the Company
Perusahaan mendapatkan Surat obtained Notification Letter from OJK of
Pemberitahuan Efektif Pernyataan Effective Statement of Registration No. S-
Pendaftaran No. S-43/D.04/2023 atas 43/D.04/2023 regarding Initial Public
Penawaran Umum Perdana Saham dari Offering Share from Financial Services
Otoritas Jasa Keuangan (“OJK”). Authority (“OJK”).
Perusahaan efektif mencatatkan The Company registered its initial public
penawaran umum perdana saham pada offering in Indonesia Stock Exchange
Bursa Efek Indonesia per tanggal 24 effectively on February 24, 2023, with the
Februari 2023, dengan jumlah saham yang number of shares released to the public of
dilepas ke publik sebanyak 10.350.000.000 10,350,000,000 shares with a nominal value
lembar, dengan nilai nominal Rp500 setiap of IDR500 per share and offering value of
saham dan harga penawaran sebesar IDR875 per share and with a total proceeds
Rp875 per lembar saham serta total nilai value of Rp9,056,250,000,000 (full amount)
proceeds sebesar Rp9.056.250.000.000 before issuance and underwriting costs.
(nilai penuh) sebelum biaya penerbitan dan
penjaminan emisi.
Page 693
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/3 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2023 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2023 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
1. INFORMASI UMUM (lanjutan) 1. GENERAL INFORMATION (continued)
a. Perusahaan (lanjutan) a. Company (continued)
(iii) Surat utang global berwawasan (iii) Global green bond
lingkungan
Pada tanggal 27 April 2023, Perusahaan On April 27, 2023, the Company conducted
menerbitkan surat utang berwawasan a public offering global green bond of Senior
lingkungan Senior Unsecured Fixed Rate Unsecured Fixed Rate Notes with nominal
Notes dengan nilai nominal sebesar value of US$400,000,000 (full amount) with
US$400.000.000 (nilai penuh) dengan an interest rate of 5.15% and due date on
tingkat Bunga 5,15% dan jatuh tempo April 27, 2028, which was issued on the
27 April 2028 yang diterbitkan di Bursa Efek Singapore Stock Exchange (SGX-ST). All
Singapura (SGX-ST). Seluruh dana hasil proceeds from the bond issuance were used
penerbitan surat utang tersebut digunakan to repay bank loans (note 16).
untuk membayar pinjaman bank (catatan
16).
Penerbitan surat utang oleh Perseroan di The issuance of bond by the Company
luar Indonesia sesuai dengan ketentuan outside Indonesia is in accordance with the
Rule 144A dan Regulation S dari U.S. provisions of Rule 144A and Regulation S of
Securities Act. Surat Utang tidak ditawarkan the U.S. Securities Act. The bond is not
melalui Penawaran Umum sebagaimana offered through a Public Offering as referred
dimaksud dalam undang-undang pasar to in the capital market law (UUPM) and are
modal (UUPM) dan tidak dicatatkan pada not listed on the Indonesia Stock Exchange.
Bursa Efek Indonesia. surat utang dilakukan The bond is made without going through a
tanpa melalui penawaran umum di luar public offering outside the territory of
wilayah Indonesia dan tidak ditawarkan Indonesia and are not offered to Indonesian
kepada investor Indonesia baik individu, investors, whether individuals, institutions or
institusi maupun bentuk hukum lainnya, other legal forms, so they are not required
sehingga tidak wajib memenuhi ketentuan to fulfil the provisions in Financial Services
dalam Peraturan Otoritas Jasa Keuangan Authority Regulations (“POJK”) No.30/2019
(“POJK”) No.30/2019 sebagaimana as confirmed in OJK Letter No.S-161/2020.
ditegaskan dalam Surat OJK
No.S-161/2020.
Page 694
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/4 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2023 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2023 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
1. INFORMASI UMUM (lanjutan) 1. GENERAL INFORMATION (continued)
a. Perusahaan (lanjutan) a. Company (continued)
(iv) Dewan Komisaris, Direksi dan Komite (iv) Boards of Commissioners, Directors and
Audit dan Manajemen Risiko Audit and Risk Management Committee
Susunan Dewan Komisaris dan Direksi The composition of the Company’s Boards
Perusahaan pada tanggal 31 Desember of Commissioners and Directors as at
2023 dan 2022 adalah sebagai berikut: December 31, 2023, and 2022, were as
follows:
31 Desember 2023 December 31, 2023
Dewan Komisaris: Board of Commissioners:
Komisaris Utama/Independen Sarman Simanjorang President/Independent Commissioner
Komisaris Harris Commissioner
Komisaris Dannif Danusaputro Commissioner
Komisaris Independen Sujit S. Parhar Independent Commissioner
Direksi: Board of Directors:
Direktur Utama Yulfi Hadi President Director
Direktur Operasi Ahmad Yani Operations Director
Direktur Eksplorasi Exploration and
dan Pengembangan Rachmat Hidajat Development Director
Direktur Keuangan Nelwin Aldriansyah Finance Director
31 Desember 2022 December 31, 2022
Dewan Komisaris: Board of Commissioners:
Komisaris Utama/Independen Sarman Simanjorang President/Independent Commissioner
Komisaris Iman Hilmansah Commissioner
Komisaris Harris Commissioner
Komisaris Samsul Hidayat Commissioner
Direksi: Board of Directors:
Direktur Utama Ahmad Subarkah Yuniarto President Director
Direktur Operasi Eko Agung Bramantyo Operations Director
Direktur Eksplorasi Exploration and
dan Pengembangan Rachmat Hidajat Development Director
Direktur Keuangan Nelwin Aldriansyah Finance Director
Personil manajemen kunci Key management personnel of the
Perusahaan adalah Dewan Komisaris dan Company are the Boards of Commissioners
Direksi sebagaimana disebutkan di atas and Directors as mentioned above (Note
(Catatan 26l). 26l).
Susunan Komite Audit dan Manajemen The composition of the Company’s Audit
Risiko Perusahaan pada tanggal 31 and Risk Management Committee as at
Desember 2023 dan 2022 adalah sebagai December 31, 2023 and 2022 were as
berikut: follows:
31 Desember 2023 December 31, 2023
Ketua Sarman Simanjorang Chairman
Anggota Bintang Sarwo Budhi Member
Anggota Qatro Romandhi Member
31 Desember 2022 December 31, 2022
Ketua Samsul Hidayat Chairman
Anggota Bintang Sarwo Budhi Member
Anggota Qatro Romandhi Member
Page 695
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/5 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2023 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2023 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
1. INFORMASI UMUM (lanjutan) 1. GENERAL INFORMATION (continued)
a. Perusahaan (lanjutan) a. Company (continued)
(v) Domisili (v) Principal address
Kantor pusat Perusahaan beralamat di Grha The principal address of the Company’s
Pertamina – Tower Pertamax Lt. 7, Jl. head office is Grha Pertamina – Pertamax
Medan Merdeka Timur No. 11-13, Gambir, Tower 7th floor, Jl. Medan Merdeka Timur
Jakarta Pusat 10110. No. 11-13, Gambir, Central Jakarta 10110.
(vi) Karyawan (vi) Employees
Pada tanggal 31 Desember 2023 dan 2022, As of December 31, 2023 and 2022, the
Perusahaan mempunyai masing-masing Company has 502 and 511 employees,
502 dan 511 (tidak diaudit) dimana masing- respectively (unaudited) whereas 104 and
masing sebanyak 104 dan 108 karyawan 108 employees, respectively (unaudited)
(tidak diaudit) adalah pekerja Pertamina are the secondee employees Pertamina to
dengan status karyawan perbantuan kepada the Group.
Grup.
b. Entitas anak b. Subsidiaries
Pada tanggal 31 Desember 2023 dan 2022, As of December 31, 2023 and 2022, the
Perusahaan memiliki pengendalian secara Company controlled directly the following
langsung dan bersama pada entitas anak subsidiaries:
sebagai berikut:
Mulai
Beroperasi
Secara Pesentase kepemilikan/ Jumlah aset sebelum eliminasi/
Tempat komersial/ Kegiatan Percentage of ownership Total assets before elimination
Nama entitas kedudukan/ Start of usaha/ 31 Desember/ 31 Desember/ 31 Desember/ 31 Desember/
Anak/Name of Place of commercial Nature of December 31 December 31 December 31 December 31
subsidiaries domicile operations business 2023 2022 2023 2022
PT Pertamina Provinsi Belum Panas bumi/ 99% 99% 12 11
Geothermal DKI Jakarta/ beroperasi/ Geothermal
Energy Province of Not yet
Kotamobagu DKI Jakarta Operating
dilaporkan
sebelumnya/
previously
reported
PT Pertamina
Geothermal
Energy
Lawu *)
PT Geothermal Provinsi Belum Panas bumi/ 75% 75% 222 222
Energi DKI Jakarta/ beroperasi/ Geothermal
Seulawah Province of Not yet
DKI Jakarta operating
*) PGEL berganti nama menjadi PGEK efektif pada tanggal 4 Agustus 2022/PGEL has changed its name to PGEK effectively on August 4, 2022.
Perusahaan mendirikan PT Pertamina The Company established PT Pertamina
Geothermal Energy Lawu (PGEL), yang saat ini Geothermal Energy Lawu (PGEL), which is
bernama PT Pertamina Geothermal Energy currently named PT Pertamina Geothermal
Kotamobagu (PGEK) dan PT Geothermal Energy Kotamobagu (PGEK) and
Energi Seulawah (GES) masing-masing pada PT Geothermal Energi Seulawah (GES) in 2016
tahun 2016 dan 2017. and 2017, respectively.
Page 696
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/6 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2023 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2023 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
1. INFORMASI UMUM (lanjutan) 1. GENERAL INFORMATION (continued)
c. Ventura bersama c. Joint venture
Pada 31 Desember 2023, ventura bersama As of December 31, 2023, the directly joint
dengan kepemilikan langsung sebagai berikut: ventures are as follows:
Mulai
beroperasi
secara Pesentase kepemilikan/
Tempat komersial/ Kegiatan Percentage of ownership
Nama ventura kedudukan/ Start of usaha/ 31 Desember/ 31 Desember/
bersama/Name Place of commercial Nature of December 31 December 31
of joint ventures domicile operations business 2023 2022
PT Cahaya Provinsi Belum Panas bumi/ 40% -
Anagata DKI Jakarta/ beroperasi/ Geothermal
Energy*) Province of Not yet
DKI Jakarta operating
*) PT Cahaya Anagata Energy merupakan suatu ventura bersama yang dibentuk bersama-sama dengan Chevron New Energies Holdings Indonesia Ltd./
PT Cahaya Anagata Energy is a joint venture formed together with Chevron New Energies Holdings Indonesia Ltd.
Pada tanggal 12 Juni 2023, sebagai bentuk On June 12, 2023, as a form of the Group’s
usaha Grup untuk menambah kapasitas business to increase installed capacity, based
terpasang, berdasarkan Keputusan Menteri on the Decree of the Minister of Energy and
Energi dan Sumber Daya Mineral Nomor Mineral Resources Number
118.K/EK.01/MEM.E/2023 ditetapkan PT 118.K/EK.01/MEM.E/2023, PT Pertamina
Pertamina Geothermal Energy Tbk dan PT Jasa Geothermal Energy Tbk and PT Jasa Daya
Daya Chevron sebagai pemenang pelelangan Chevron were determined as the winners
wilayah kerja panas bumi Way Ratai, Provinsi auction of the Way Ratai geothermal working
Lampung. area, Lampung Province.
Pada tanggal 3 Oktober 2023 melalui perjanjian On October 3, 2023, through a novation
novasi, berdasarkan perjanjian rekening agreement, based on a joint account agreement
bersama dan perjanjian kerjasama, PT Jasa and cooperation agreement, PT Jasa Daya
Daya Chevron mengalihkan hak dan kewajiban Chevron transferred its rights and obligations to
kepada Chevron New Energies Holdings Chevron New Energies Holdings Indonesia Ltd.
Indonesia Ltd.
Pada tanggal 6 Desember 2023, sebagai On December 6, 2023, as part of the
bagian dari pendirian ventura bersama tersebut, establishment of the joint venture, the Group
Grup mengambil bagian dan melakukan took part and invested in 11,640,000 shares with
penyertaan modal dengan jumlah saham a nominal value of US$1, with 40% ownership
11.640.000 lembar dengan nilai nominal US$1, percentage and the remaining 60% is owned by
dengan presentase kepemilikan 40% dan sisa Chevron New Energies Holdings Indonesia Ltd.
nya sebesar 60% dimiliki oleh Chevron New
Energies Holdings Indonesia Ltd.
Pendirian perusahaan ini didasari dengan Akta The establishment of this company was based
Notaris No. 36 Tahun 2023 dan untuk on Notarial Deed No. 36 of 2023 and its
pelaksanaan operasional nya didasari oleh operational implementation is based on the
Shareholder Agreement tanggal 4 Januari 2024 Shareholder Agreement dated January 4, 2024
yang telah disepakati oleh para pihak. which has been agreed upon by the parties.
Maksud dan tujuan perusahaan ini didirikan The aim and objective of this company being
adalah untuk bergerak di bidang pengusahaan established is to operate in the field of
tenaga panas bumi. Untuk mencapai maksud geothermal energy business. To achieve these
tujuan tersebut, perusahaan dapat objectives, companies can carry out geothermal
melaksanakan kegiatan eksplorasi energi energy exploration activities, including
panas bumi, termasuk kegiatan eksplorasi di exploration activities in forest areas and other
kawasan hutan dan kegiatan-kegiatan lain yang activities related to the exploitation of
berkaitan dengan pengusahaan energi panas geothermal energy to the place of its use.
bumi sampai ke tempat pemanfaatannya.
Page 697
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/7 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2023 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2023 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
1. INFORMASI UMUM (lanjutan) 1. GENERAL INFORMATION (continued)
c. Ventura bersama (lanjutan) c. Joint venture (continued)
Grup menjadi venturer dalam ventura bersama The Group became a venturer in the joint venture
berupa pengendalian bersama entitas dengan in the form of jointly controlled entity by
mengakui bagian partisipasi dalam laporan recognising its participating interest in the
keuangan dengan menggunakan metode financial statements using the equity method.
ekuitas.
d. Penyelesaian laporan keuangan d. Completion of consolidated financial
konsolidasian statement
Manajemen Perusahaan bertanggung jawab The Company’s management is responsible for
atas penyusunan dan penyajian wajar laporan the preparation and fair presentation of these
keuangan konsolidasian ini sesuai dengan consolidated financial statements in accordance
Standar Akuntansi Keuangan di Indonesia, with Indonesian Financial Accounting
yang diselesaikan dan diotorisasi untuk Standards, which were completed and
diterbitkan oleh Direksi Perusahaan pada authorized for issuance by the Board of Directors
tanggal 29 Februari 2024. of the Company on February 29, 2024.
2. BISNIS OPERASI PANAS BUMI 2. GEOTHERMAL BUSINESS OPERATIONS
Sejak tahun 1974, Pertamina Lama memperoleh Since 1974, the former Pertamina Entity has been
wilayah-wilayah kerja panas bumi di Indonesia assigned geothermal working areas in Indonesia
berdasarkan surat-surat keputusan dari Menteri based on various decision letters issued by the
Pertambangan dan Energi. Sesuai dengan Minister of Mines and Energy. In accordance with
Peraturan Pemerintah No. 31 Tahun 2003, Government Regulation No. 31 Year 2003, all rights
segala hak dan kewajiban, yang timbul dari kontrak and obligations arising from the contracts and
dan perikatan antara Pertamina Lama dengan agreements entered into between former Pertamina
pihak ketiga, sepanjang tidak bertentangan Entity and third parties, so long as these are not
dengan Undang-Undang No. 22 Tahun 2001, contrary to Law No. 22 Year 2001, were transferred
beralih kepada Pertamina sejak tanggal to Pertamina effective from September 17, 2003.
17 September 2003. Pertamina melalui Surat Pertamina through its letter No. 282/C00000/2007-
No. 282/C00000/2007-S0 tertanggal 12 Maret 2007 S0 dated March 12, 2007 assigned its geothermal
menyerahkan wilayah kerja panas bumi kepada Working areas to the Company effective from
Perusahaan sejak tanggal 1 Januari 2007. January 1, 2007.
Pengalihan hak, kewajiban, dan kepentingan yang The transfer of Pertamina’s rights, obligations and
berhubungan dengan kegiatan pengusahaan panas interests in geothermal business operations to the
bumi Pertamina ke Perusahaan telah mendapat Company was approved by the Minister of Energy
persetujuan dari Menteri Energi dan Sumber Daya and Mineral Resources in letters No.
Mineral melalui surat No. 2198/30/DJB/2009 tanggal 2198/30/DJB/2009 dated August 4, 2009 and No.
4 Agustus 2009 dan surat No. 2523/30/DJB/2009 2523/30/DJB/2009 dated September 1, 2009.
tanggal 1 September 2009. Efektif sejak tanggal Effective from June 28, 2010 Pertamina’s
28 Juni 2010 aset panas bumi Pertamina telah geothermal assets were transferred to the Company
dialihkan kepada Perusahaan, sebagai tambahan and formed part of Pertamina’s contribution to the
setoran modal Pertamina kepada Perusahaan. Company’s additional paid-up capital. This transfer
Pengalihan aset panas bumi Pertamina tersebut of Pertamina’s geothermal assets was documented
dituangkan dalam Akta Notaris No. 23 tanggal in Notarial Deed No. 23 dated June 28, 2010 of
28 Juni 2010 oleh Lenny Janis Ishak, S.H. Lenny Janis Ishak, S.H.
Page 698
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/8 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2023 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2023 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
2. BISNIS OPERASI PANAS BUMI (lanjutan) 2. GEOTHERMAL BUSINESS OPERATIONS
(continued)
Pengusahaan wilayah-wilayah kerja tersebut The operations of the above geothermal working
dilakukan dengan cara sebagai berikut: areas are conducted through the following schemes:
● Operasi sendiri ● Own operations
● Kontrak Operasi Bersama (KOB) ● Joint Operating Contracts (JOCs)
Berdasarkan Keputusan Menteri Energi dan Sumber Based on the Minister of Energy and Mineral
Daya Mineral melalui surat keputusan Nomor Resources Decree through decision letter Number
11.K/HK.02/MEM.E/2022, tanggal 14 Januari 2022 11.K/HK.02/MEM.E/2022 dated January 14, 2022,
Menteri Energi dan Sumber Daya Mineral the Minister of Energy and Mineral Resources has
menyetujui pengembalian Izin Panas Bumi PT approved the relinquishment of PT Pertamina
Pertamina Geothermal Energy Lawu di Wilayah Geothermal Energy Lawu’s Geothermal Permit in
Kerja Gunung Lawu. Gunung Lawu working area.
Pada tanggal 31 Desember 2023 dan 2022, wilayah As at December 31, 2023 and 2022 the Group’s
kerja panas bumi Grup adalah sebagai berikut: geothermal working areas are as follows:
a. Operasi sendiri a. Own operations
Berikut informasi wilayah kerja yang dikelola The following working areas are operated by the
sendiri oleh Grup: Group:
Kapasitas (tidak diaudit)/
Capacity (unaudited)
Status lapangan/ Uap/Steam Listrik/Electricity
Wilayah kerja/Working areas Lokasi/Locations Field status (Megawatts/MW) Megawatts (MW)
Dikelola oleh Perusahaan/ Managed by the Company
Gunung Sibayak – Gunung Sinabung Sibayak, Sumatera Utara/ Produksi/Production 10 2
North Sumatera
Kamojang – Drajat Kamojang, Jawa Barat/ Produksi/Production 140 95
West Java
Lahendong Lahendong, Sulawasi Produksi/Production 80 40
Utara/North Sulawesi
Gunung Way Panas Ulubelu, Lampung Produksi/Production 110 110
Karaha – Cakrabuana Karaha, Jawa Barat/ Produksi/Production - 30
West Java
Lumut Balai dan Marga Bayur Lumut Balai, Sumatera Produksi/Production - 55
Selatan/South
Sumatera
Hululais Hululais, Bengkulu Pengembangan/ - -
Development
Sungai Penuh Sungai Penuh, Jambi Eksplorasi/Exploration - -
Dikelola oleh Ventura Bersama/ Managed by the Joint Venture
Way Ratai Pesawaran, Lampung Eksplorasi/Exploration - -
Page 699
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/9 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2023 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2023 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
2. BISNIS OPERASI PANAS BUMI (lanjutan) 2. GEOTHERMAL BUSINESS OPERATIONS
(continued)
a. Operasi sendiri (lanjutan) a. Own operations (continued)
Kapasitas (tidak diaudit)/
Capacity (unaudited)
Status lapangan/ Uap/Steam Listrik/Electricity
Wilayah kerja/Working areas Lokasi/Locations Field status (Megawatts/MW) Megawatts (MW)
Dikelola oleh Entitas Anak/ Managed by Subsidiaries
Gunung Lawu*) Jawa Tengah/Central Eksplorasi/Exploration - -
Java
Seulawah Agam Aceh Eksplorasi/Exploration - -
Kotamobagu Sulawesi Utara/ Eksplorasi/Exploration - -
North Sulawesi
*) Izin Panas Bumi di Wilayah Kerja Gunung Lawu telah dikembalikan sesuai Keputusan Menteri Energi dan Sumber Daya Mineral melalui
surat keputusan Nomor 11.K/HK.02/MEM.E/2022 tanggal 14 Januari 2022/Geothermal Permit in Gunung Lawu working area has been
relinquished in line with the Minister of Energy and Mineral Resources Decree through decision letter Number 11.K/HK.02/MEM.E/2022 dated
January 14, 2022.
Pada tanggal 31 Desember 2023 dan 2022, As of December 31, 2023 and 2022, the
wilayah kerja Perusahaan sudah berproduksi Company’s working areas have produced output
dengan minimum keluaran ekuivalen dengan in minimum equivalent to the Company’s
kontrak Perusahaan dengan pelanggan, yaitu contracts with customers, which range from
antara 72,23% sampai 90% dari total kapasitas. 72.23% to 90% of total capacity.
Pada tanggal 11 Januari 2016, Pertamina As of January 11, 2016, Pertamina was selected
ditetapkan sebagai pemenang lelang wilayah as the winner of the Gunung Lawu’s geothermal
kerja panas bumi Gunung Lawu, yang kemudian working area auction, wahich was then handed
diserahkan kepada Perusahaan dan over to the Company and followed up with the
ditindaklanjuti dengan pembentukan anak establishment of a subsidiary company by the
perusahaan dengan nama PT Pertamina name of PT Pertamina Geothermal Energy Lawu
Geothermal Energy Lawu (PGEL). PGEL belum (PGEL). PGEL has not been able to start
bisa memulai kegiatan eksplorasi dengan alasan exploration activities due to the suspension of
ditangguhkannya kegiatan panas bumi di geothermal activities at Gunung Lawu and other
Gunung Lawu dan berbagai alasan lainnya. reasons. Based on the Minister of Energy and
Berdasarkan Keputusan Menteri Energi dan Mineral Resources Decree through decision
Sumber Daya Mineral melalui surat keputusan letter Number 11.K/HK.02/MEM.E/2022 dated
Nomor 11.K/HK.02/MEM.E/2022 tanggal 14 January 14, 2022, the Minister of Energy and
Januari 2022, Menteri Energi dan Sumber Daya Mineral Resources has approved the
Mineral menyetujui pengembalian Izin Panas relinquishment of PT Pertamina Geothermal
Bumi PT Pertamina Geothermal Energy Lawu di Energy Lawu’s Geothermal Permit in Gunung
Wilayah Kerja Gunung Lawu. Lawu working area.
Page 700
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/10 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2023 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2023 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
2. BISNIS OPERASI PANAS BUMI (lanjutan) 2. GEOTHERMAL BUSINESS OPERATIONS
(continued)
a. Operasi sendiri (lanjutan) a. Own operations (continued)
Berdasarkan Keputusan Menteri ESDM No. Based on the Decree of the Minister of Energy
14.K/EK.01/MEM.E/2022 tanggal 20 Januari and Mineral Resources No.
2022 tentang Perubahan atas Keputusan 14.K/EK.01/MEM.E/2022 dated 20 January
Menteri ESDM No. 143.K/36/MEM.E/2022 2022 of Amendments to the Minister of Energy
tentang Penugasan Pengusahaan Panas Bumi and Mineral Resources Decree No.
kepada PT Pertamina (Persero) di Wilayah Kerja 143.K/36/MEM.E/2022 of the Assignment of
Panas Bumi di Daerah Kotamobagu, PT Geothermal Business to PT Pertamina (Persero)
Pertamina (Persero) menugaskan anak in the Geothermal Working Area in the
perusahaan dari Grup yaitu PT Pertamina Kotamobagu Region, PT Pertamina (Persero)
Geothermal Energy Kotamobagu untuk has assigned the subsidiary of the Group,
mengoperasikan wilayah kerja tersebut. PT Pertamina Geothermal Energy Kotamobagu
to operate the work area.
Perjanjian Jual Beli Uap (“PJBU”) (Kamojang 1, The terms of the Steam Sales Contracts
2, 3, Lahendong 2, 3, 4 dan Ulubelu 1, 2) (”SSCs”) (Kamojang 1, 2, 3, Lahendong 2, 3, 4
menerapkan klausul Take or Pay (“TOP”) and Ulubelu 1, 2) apply Take or Pay (“TOP”)
dan/atau Delivery or Pay (“DOP”). Perjanjian and/or Delivery or Pay (“DOP”) clauses. Energy
Jual Beli Energi Listrik (“PJBL”) (Kamojang 4, 5, Sales Contracts (”ESCs”) (Kamojang 4, 5,
Lahendong 5, 6, Ulubelu 3, 4, Karaha 1 dan Lahendong 4, 5, Ulubelu 3, 4, Karaha 1 and
Lumut Balai 1, 2) menerapkan klausul TOP. Lumut Balai 1, 2) apply TOP clauses. TOP is the
TOP adalah suatu kondisi dalam kontrak dimana contract provision whereby the buyer (PT PLN
pihak pembeli (PT PLN (Persero) (ˮPLNˮ)) harus (Persero) (”PLN”)) is required to pay a minimum
membayar sejumlah kapasitas uap atau listrik capacity payment to the Company based on the
minimum tertentu kepada Perusahaan sesuai specified capacity according to the SSCs/ESCs
dengan jumlah yang disepakati dalam kontrak as long as the Company can supply steam or
PJBU/PJBL selama Perusahaan dapat generate electricity at the minimum specified
memenuhi kebutuhan minimum yang ditentukan level. DOP is the contract provision whereby the
tersebut. DOP adalah suatu kondisi dalam Company is required to pay the buyer (PLN) if
kontrak dimana Perusahaan harus membayar the Company is unable to supply steam or
kekurangan pasokan kepada pembeli (PLN) generate electricity at the minimum specified
apabila Perusahaan tidak dapat memenuhi level according to the SSCs/ESCs. TOP and
pasokan minimum yang ditentukan dalam DOP percentages are specific in each contract.
kontrak PJBU/PJBL. Persentase TOP dan DOP
adalah spesifik dalam setiap kontrak.
Kemampuan Perusahaan untuk memenuhi The Company’s ability to meet the DOP
kuantitas minimum DOP tergantung dari minimum quantities depends on its geothermal
pengelolaan sumber daya panas bumi. Sumber operations. Geothermal energy resources are
daya panas bumi memiliki risiko geologis seperti subject to geological risks, such as releases,
pelepasan (release), tekanan (pressure), dan pressure, and temperature declines. Any of
penurunan suhu. Kondisi tersebut dapat these conditions may increase capital
meningkatkan belanja modal dan biaya operasi, expenditure and operating costs or, reduce the
atau mengurangi efisiensi dari fasilitas efficiency of electricity generating facilities.
pembangkit listrik.
Grup tetap memiliki aset panas bumi dan The Group continues to own the geothermal
fasilitas pembangkitan listrik pada saat assets and electricity generating facilities at the
berakhirnya PJBU/PJBL, tidak ada ketentuan end of the ESC/SSC terms, and there is no
untuk diserahterimakan kepada Pemerintah requirement to hand these assets over to the
atau PLN. Government or PLN.
Page 701
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/11 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2023 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2023 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
2. BISNIS OPERASI PANAS BUMI (lanjutan) 2. GEOTHERMAL BUSINESS OPERATIONS
(continued)
b. Kontrak Operasi Bersama (KOB) b. Joint Operating Contracts (JOCs)
Dalam KOB, kegiatan panas bumi di wilayah Under the JOC scheme, geothermal activities in
kerja Grup dioperasikan oleh kontraktor panas the Group’s working areas are conducted by
bumi. geothermal contractors.
Berikut informasi wilayah kerja yang The following are the details of the working areas
dikerjasamakan dengan kontraktor KOB: operated by the JOC contractors:
Kapasitas (tidak diaudit)/
Capacity (unaudited)
Uap/Steam Listrik/Electricity
Wilayah kerja/ Status lapangan/ (Megawatts/ (Megawatts/
Working areas Lokasi/Locations Field status MW) MW) Kontraktor/Contractors
Cibereum – Parabakti Salak, Jawa Barat/ Produksi/Production 180 197 Star Energy Geothermal
West Java Salak Ltd. dan/and Star
Energy Geothermal Salak
Pratama Ltd.
Kamojang – Darajat Darajat, Jawa Barat/ Produksi/Production 55 216 Star Energy Geothermal
West Java Darajat II Ltd.
Pangelengan Wayang Windu, Jawa Produksi/Production - 227 Star Energy Geothermal
Barat/West Java Wayang Windu Ltd.
Gunung Sibual-buali Sarulla, Sumatera Produksi/Production - 330 Sarulla Operation Ltd.
Utara/North Sumatera
Tabanan Bedugul, Bali Eksplorasi/Exploration - - Bali Energy Ltd.
Pada tanggal 31 Desember 2023 dan 2022 As of December 31, 2023 and 2022 all of the
semua wilayah kerja kontraktor KOB sudah JOC contractors’ working areas has production
berproduksi dengan minimum keluaran output in minimum equivalent to the JOC’s
ekuivalen dengan Energy Sales Contracts Energy Sales Contract, which range from 80% to
dalam KOB, yaitu antara 80% sampai dengan 95% from total capacity.
95% dari total kapasitas.
Material dan peralatan yang dibeli oleh Materials and equipment purchased by the JOC
kontraktor KOB dan merupakan bagian dari contractors and incorporated into production
fasilitas produksi, dengan memperhatikan aspek facilities, subject to liens in favor of lenders with
penjaminan kepada pemberi kredit dan the exception of equipment leased by the JOC
pengecualian untuk peralatan yang disewa oleh contractors, become the property of the Group
kontraktor KOB, menjadi milik Grup pada saat when landed at Indonesian ports (in the case of
material dan peralatan tersebut berada dalam imports) or upon incorporation into the
wilayah pabean Indonesia (jika diperoleh melalui production facilities. The Group grants the JOC
impor) atau setelah material dan peralatan contractors an exclusive and irrevocable right
tersebut terpasang. Grup memberikan hak during the term of the JOC contracts to use,
eksklusif yang tidak dapat dicabut kembali among other things, the field facilities for
kepada kontraktor KOB untuk menggunakan geothermal operations during the term of the
diantaranya fasilitas produksi untuk kepentingan JOC. The costs of these assets are recorded by
operasi panas bumi selama periode berlakunya the JOC contractors during the JOC period.
KOB. Biaya yang dikeluarkan untuk memperoleh
aset-aset tersebut dicatat oleh kontraktor KOB
selama periode KOB.
Page 702
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/12 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2023 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2023 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
2. BISNIS OPERASI PANAS BUMI (lanjutan) 2. GEOTHERMAL BUSINESS OPERATIONS
(continued)
b. Kontrak Operasi Bersama (KOB) (lanjutan) b. Joint Operating Contracts (JOCs) (continued)
Pada saat berakhirnya KOB, fasilitas At the end of the JOC terms, the electricity
pembangkitan listrik yang dioperasikan oleh generating facilities which are operated by the
kontraktor KOB akan dialihkan kepada Grup JOC contractors will be transferred to the Group
(KOB Darajat, Wayang Windu, dan Bedugul) (JOC Darajat, Wayang Windu and Bedugul) and
dan PLN (KOB Salak dan Sarulla). PLN (JOC Salak and Sarulla).
Berdasarkan KOB, Grup berhak mendapatkan In accordance with the JOCs, the Group is
production allowances dari kontraktor KOB yang entitled to receive production allowances from
besarnya 2,66% untuk KOB Darajat dan 4% the JOC contractors at the rate of 2.66% for the
untuk KOB Salak, Wayang Windu, Sarulla, dan Darajat JOC and 4% for the Salak, Wayang
Bedugul, dari laba operasi bersih tahunan Windu, Sarulla and Bedugul JOCs of the JOC
kontraktor KOB yang dihitung berdasarkan KOB. contractors’ annual net operating income as
calculated in accordance with the JOCs.
3. IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI 3. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL POLICIES INFORMATION
Kebijakan akuntansi dan pelaporan keuangan yang The accounting and financial reporting policies
diterapkan oleh Grup sesuai dengan Standar adopted by the Group conform to the Indonesian
Akuntansi Keuangan di Indonesia, yang mencakup Financial Accounting Standards, which comprise the
Pernyataan Standar Akuntansi Keuangan (“PSAK”) Statements of Financial Accounting Standards
dan Interpretasi Standar Akuntansi Keuangan (“PSAK”) and Interpretations to Financial Accounting
(“ISAK”) yang diterbitkan oleh Dewan Standar Standards (“ISAK”) issued by the Financial
Akuntansi Keuangan Ikatan Akuntan Indonesia dan Accounting Standards Board of the Indonesian
Dewan Standar Akuntansi Syariah Ikatan Akuntan Institute of Accountants and the Syariah Accounting
Indonesia serta peraturan regulator Pasar Modal dan Standards Board of the Indonesian Institute of
Lembaga Keuangan (Bapepam-LK) No. VIII.G.7 Accountants and regulatory regulation of Stock
Lampiran Keputusan Ketua Bapepam dan LK No. Exchange and Financial Institution (Bapepam-LK)
KEP-347/BL/2012 tanggal 25 Juni 2012 tentang No. VIII.G.7 Attachment to the Decree of the
“Penyajian dan Pengungkapan Laporan Keuangan Chairman of Bapepam and LK No. KEP-347/BL/2012
Emiten atau Perusahaan Publik”. Kebijakan ini telah dated June 25, 2012 on “Financial Statements
diterapkan secara konsisten terhadap seluruh Presentation and Disclosures for Issuers and Public
periode dan tahun yang disajikan, kecuali jika Companies”. These policies have been consistently
dinyatakan lain. applied to all periods and years presented, unless
otherwise stated.
a. Dasar penyusunan laporan keuangan a. Basis of consolidated financial statements
konsolidasian preparation
Laporan keuangan konsolidasian disusun The consolidated financial statements have
berdasarkan konsep akrual, kecuali laporan been prepared on the accrual basis, except for
arus kas konsolidasian, dengan menggunakan the consolidated statement of cash flows, using
konsep biaya historis, kecuali seperti yang the historical cost concept of accounting, except
disebutkan dalam Catatan atas laporan as disclosed in the relevant Notes to the
keuangan konsolidasian yang relevan. consolidated financial statements herein.
Page 703
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/13 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2023 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2023 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
3. IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI 3. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES INFORMATION (continued)
a. Dasar penyusunan laporan keuangan a. Basis of consolidated financial statements
konsolidasian (lanjutan) preparation (continued)
Laporan arus kas konsolidasian disusun dengan The consolidated statement of cash flows has
menggunakan metode langsung dan been prepared based on the direct method by
mengklasifikasikan arus kas menjadi kegiatan classifying the cash flows into operating,
operasi, investasi, dan pendanaan. investing, and financing activities.
Setiap entitas di dalam Grup menetapkan mata Each entity in the Group determines its own
uang fungsional sendiri dan transaksi-transaksi functional currency and items included in the
di dalam laporan keuangan dari setiap entitas financial statements of each entity are measured
diukur berdasarkan mata uang fungsional using that functional currency.
tersebut.
Laporan keuangan konsolidasian disajikan The consolidated financial statements are
dalam ribuan dolar Amerika Serikat (US$), mata presented in thousands of US dollar (US$),
uang fungsional Grup, kecuali dinyatakan lain. which is also the Group’s functional currency,
unless otherwise stated.
Penyusunan laporan keuangan konsolidasian The preparation of consolidated financial
sesuai dengan Standar Akuntansi Keuangan di statements in conformity with the Indonesian
Indonesia mengharuskan penggunaan estimasi Financial Accounting Standards requires the use
dan asumsi. Hal tersebut juga mengharuskan of certain critical accounting estimates. It also
manajemen untuk membuat pertimbangan requires management to exercise judgement
dalam proses penerapan kebijakan akuntansi when applying the Group’s accounting policies.
Grup. Area yang kompleks atau memerlukan The areas involving a higher degree of
tingkat pertimbangan yang lebih tinggi atau area judgement or complexity, or areas where
di mana asumsi dan estimasi dapat berdampak assumptions and estimates are significant to the
signifikan terhadap laporan keuangan consolidated financial statements are disclosed
konsolidasian diungkapkan di Catatan 4. Grup in Note 4. The Group has prepared the
telah menyusun laporan keuangan consolidated financial statements on the basis
konsolidasian dengan dasar bahwa Grup akan that it will continue to operate as a going
terus beroperasi secara berkesinambungan. concern.
b. Prinsip-prinsip konsolidasi b. Principles of consolidation
Laporan keuangan konsolidasian meliputi The consolidated financial statements comprise
laporan keuangan Perusahaan dan entitas- the financial statements of the Company and its
entitas anak. Kendali diperoleh bila Grup subsidiaries. Control is achieved when the
terekspos atau memiliki hak atas imbal hasil Group is exposed, or has rights, to variable
variabel dari keterlibatannya dengan investee returns from its involvement with the investee
dan memiliki kemampuan untuk mempengaruhi and has the ability to affect those returns through
imbal hasil tersebut melalui kekuasaannya atas its power over the investee.
investee.
Page 704
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/14 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2023 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2023 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
3. IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI 3. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES INFORMATION (continued)
b. Prinsip-prinsip konsolidasi (lanjutan) b. Principles of consolidation (continued)
Dengan demikian, investor mengendalikan Thus, the Group controls an investee if and only
investee jika dan hanya jika investor memiliki if the Group has all of the following:
seluruh hal berikut ini:
1. Kekuasaan atas investee, yaitu hak yang 1. Power over the investee, that is existing
ada saat ini yang memberi investor rights that give the Group current ability to
kemampuan kini untuk mengarahkan direct the relevant activities of the investee,
aktivitas relevan dari investee,
2. Eksposur atau hak atas imbal hasil variabel 2. Exposure, or rights, to variable returns from
dari keterlibatannya dengan investee, dan its involvement with the investee, and
3. Kemampuan untuk menggunakan 3. The ability to use its power over the investee
kekuasaannya atas investee untuk to affect its returns.
mempengaruhi jumlah imbal hasil.
Bila Grup tidak memiliki hak suara atau hak When the Group has less than a majority of the
serupa secara mayoritas atas suatu investee, voting or similar rights of an investee, the Group
Grup mempertimbangkan semua fakta dan considers all relevant facts and circumstances in
keadaan yang relevan dalam mengevaluasi assessing whether it has power over an
apakah mereka memiliki kekuasaan atas investee, including:
investee, termasuk:
1. Pengaturan kontraktual dengan pemilik hak 1. The contractual arrangement with the other
suara lainnya dari investee, vote holders of the investee,
2. Hak yang timbul atas pengaturan kontraktual 2. Rights arising from other contractual
lain, dan arrangements, and
3. Hak suara dan hak suara potensial yang 3. The Group's voting rights and potential
dimiliki Grup. voting rights.
Grup menilai kembali apakah mereka The Group re-assesses whether or not it controls
mengendalikan investee bila fakta dan keadaan an investee if facts and circumstances indicate
mengindikasikan adanya perubahan terhadap that there are changes to one or more of the
satu atau lebih dari ketiga elemen dari three elements of control. Consolidation of a
pengendalian. Konsolidasi atas entitas-entitas subsidiary begins when the Group obtains
anak dimulai sejak Grup memperoleh control over the subsidiary and ceases when the
pengendalian atas entitas anak dan berakhir Group loses control of the subsidiary. Assets,
pada saat Grup kehilangan pengendalian atas liabilities, income and expenses of a subsidiary
entitas anak. Aset, liabilitas, penghasilan dan acquired during the year are included in the
beban dari entitas anak yang diakuisisi pada consolidated financial statements from the date
tahun tertentu disertakan dalam laporan the Group gains control until the date the Group
keuangan konsolidasian sejak tanggal Grup ceases to control the subsidiary.
memperoleh kendali sampai tanggal Grup tidak
lagi mengendalikan entitas anak tersebut.
Seluruh laba rugi dan setiap komponen Profit or loss and each component of other
penghasilan komprehensif lain (“PKL”) comprehensive income (“OCI”) are attributed to
diatribusikan pada pemilik entitas induk dan the equity holders of the parent of the Group and
pada kepentingan nonpengendali (“KNP”), to the non-controlling interests (“NCI”), even if
walaupun hal ini akan menyebabkan saldo KNP this results in the NCI having a deficit balance.
yang defisit. Bila dipandang perlu, penyesuaian When necessary, adjustments are made to the
dilakukan terhadap laporan keuangan entitas financial statements of subsidiaries to bring their
anak untuk diselaraskan dengan kebijakan accounting policies into line with the Group’s
akuntansi Grup. accounting policies.
Page 705
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/15 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2023 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2023 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
3. IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI 3. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES INFORMATION (continued)
b. Prinsip-prinsip konsolidasi (lanjutan) b. Principles of consolidation (continued)
Seluruh aset dan liabilitas, ekuitas, penghasilan All intra-group assets and liabilities, equity,
dan beban dan arus kas atas transaksi antar income, expenses and cash flows relation to
anggota Grup dieliminasi sepenuhnya pada saat transactions between members of the Group are
konsolidasi. eliminated in full on consolidation.
Perubahan dalam bagian kepemilikan entitas A change in the parent’s ownership interest in a
induk pada entitas anak yang tidak subsidiary, without a loss of control, is accounted
mengakibatkan hilangnya pengendalian, dicatat for as an equity transaction. If the Group loses
sebagai transaksi ekuitas. Bila kehilangan control over a subsidiary, it derecognizes the
pengendalian atas suatu entitas anak, maka related assets (including goodwill), liabilities,
Grup menghentikan pengakuan atas aset NCI and other component of equity, while the
(termasuk goodwill), liabilitas dan komponen lain difference is recognized in the profit or loss. Any
dari ekuitas terkait, dan selisihnya diakui pada investment retained is recognized at fair value.
laba rugi. Bagian dari investasi yang tersisa
diakui pada nilai wajar.
c. Klasifikasi lancar dan tak lancar c. Current and non-current classification
Grup menyajikan aset dan liabilitas dalam The Group presents assets and liabilities in the
laporan posisi keuangan konsolidasian statement of financial position based on
berdasarkan klasifikasi lancar/tak lancar. Suatu current/non-current classification. An asset is
aset disajikan lancar bila: current when it is:
1. Akan direalisasi, dijual atau dikonsumsi 1. Expected to be realized or intended to be
dalam siklus operasi normal, sold or consumed in the normal operating
cycle,
2. Untuk diperdagangkan, 2. Held primarily for the purpose of trading,
3. Akan direalisasi dalam 12 bulan setelah 3. expected to be realized within 12 months
tanggal pelaporan, atau after the reporting period, or
4. Kas atau setara kas kecuali yang dibatasi 4. Cash or cash equivalent unless restricted
penggunaannya atau akan digunakan untuk from being exchanged or used to settle a
melunasi suatu liabilitas dalam kurun waktu liability for at least 12 months after the
12 bulan setelah tanggal pelaporan. reporting period.
Seluruh aset lain diklasifikasikan sebagai tidak All other assets are classified as non-current.
lancar.
1. Akan dilunasi dalam siklus operasi normal, 1. Expected to be settled in the normal
operating cycle,
2. Untuk diperdagangkan, 2. Held primarily for the purpose of trading,
3. Akan dilunasi dalam 12 bulan setelah 3. Due to be settled within twelve months after
tanggal pelaporan, atau the reporting period, or
4. Tidak ada hak untuk menangguhkan 4. There is no right at the end of reporting
pelunasannya dalam kurun waktu 12 bulan period to defer the settlement of the liability
setelah periode pelaporan. for at least twelve months after the reporting
period
Seluruh liabilitas lain diklasifikasikan sebagai All other liabilities are classified as non-current.
tidak lancar.
Aset dan kewajiban pajak tangguhan Deferred tax assets and liabilities are classified
diklasifikasikan sebagai aset dan kewajiban as non-current assets and liabilities.
tidak lancar dan kewajiban jangka panjang.
Page 706
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/16 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2023 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2023 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
3. IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI 3. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES INFORMATION (continued)
d. Perubahan kebijakan akuntansi d. Changes in accounting principles
Grup menerapkan pertama kali seluruh standar The Group made first time adoption of all the
baru dan/atau yang direvisi yang berlaku efektif new and/or revised standards effective for the
untuk periode yang dimulai pada atau setelah 1 periods beginning on or after January 1, 2023,
Januari 2023, termasuk standar yang direvisi including the following revised standards that
berikut ini yang mempengaruhi laporan have affected the consolidated financial
keuangan konsolidasian Grup: statements of the Group:
Amandemen PSAK 1: Penyajian laporan Amendment of SFAS 1: Presentation of
keuangan - Pengungkapan Kebijakan Akuntansi financial statement - Disclosure of accounting
policies
Amandemen ini memberikan panduan untuk These amendments provide guidance to help
membantu entitas menerapkan pertimbangan entities apply materiality judgements to
materialitas dalam pengungkapan kebijakan accounting policy disclosures. The
akuntansi. Amandemen tersebut bertujuan untuk amendments aim to help entities provide
membantu entitas menyediakan pengungkapan accounting policy disclosures that are more
kebijakan akuntansi yang lebih berguna dengan useful by replacing the requirement for entities
mengganti persyaratan dalam mengungkapkan to disclose their ‘significant’ accounting policies
kebijakan akuntansi 'signifikan' entitas menjadi with a requirement to disclose their ‘material’
persyaratan untuk mengungkapkan kebijakan accounting policies and adding guidance on
akuntansi 'material' entitas dan menambahkan how entities apply the concept of materiality in
panduan tentang bagaimana entitas making decisions about accounting policy
menerapkan konsep materialitas dalam disclosures.
membuat keputusan tentang pengungkapan
kebijakan akuntansi.
Amandemen tersebut berdampak pada The amendments have had an impact on the
pengungkapan kebijakan akuntansi Grup, Group’s disclosures of accounting policies, but
namun tidak berdampak pada pengukuran, not on the measurement, recognition or
pengakuan atau penyajian hal apa pun dalam presentation of any items in the Group’s
laporan keuangan Grup. financial statements.
e. Kas dan setara kas e. Cash and cash equivalents
Kas dan setara kas terdiri dari kas pada bank dan Cash and cash equivalents are cash on hand,
deposito berjangka yang jatuh tempo dalam cash in banks and time deposits with maturity
3 (tiga) bulan atau kurang dari tanggal periods of 3 (three) months or less at the time
penempatannya dan tidak digunakan sebagai of placement and which are not used as
jaminan atau dibatasi penggunaannya. collateral or not restricted.
f. Transaksi dengan pihak-pihak yang berelasi f. Related party transactions
Grup melakukan transaksi dengan pihak-pihak The Group enters into transactions with related
yang berelasi sebagaimana didefinisikan dalam parties as defined in SFAS 7 “Related Party
PSAK 7 “Pengungkapan Pihak-pihak Berelasi”. Disclosures”. All significant transactions and
Seluruh transaksi dan saldo yang material balances with related parties are disclosed in
dengan pihak-pihak yang berelasi diungkapkan the notes to the consolidated financial
dalam catatan atas laporan keuangan statements.
konsolidasian.
Page 707
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/17 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2023 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2023 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
3. IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI 3. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES INFORMATION (continued)
f. Transaksi dengan pihak-pihak yang berelasi f. Related party transactions (continued)
(lanjutan)
Transaksi ini dilakukan berdasarkan persyaratan The transactions are made based on terms
yang disetujui oleh kedua belah pihak, dimana agreed by the parties, in which such terms may
persyaratan tersebut mungkin tidak sama not be the same as those of the transactions
dengan transaksi lain yang dilakukan dengan between unrelated parties. All significant
pihak-pihak yang tidak berelasi. Saldo dan balances and transactions with related parties
transaksi signifikan dengan pihak- pihak berelasi are disclosed in Note 26.
diungkapkan dalam Catatan 26.
g. Piutang usaha dan piutang lain-lain g. Trade and other receivables
Piutang usaha dan piutang lain-lain pada Trade and other receivables are recognized
awalnya diakui sebesar nilai wajar dan initially at fair value and subsequently measured
kemudian diukur pada biaya perolehan at amortized cost using the effective interest
diamortisasi dengan menggunakan metode method, less provision for impairment.
suku bunga efektif, dikurangi dengan penyisihan If collection is expected in one year or less (or in
untuk penurunan nilai. Jika piutang diharapkan the normal operating cycle of the business
tertagih dalam satu tahun atau kurang (atau if longer), they are classified as current assets.
dalam siklus normal operasi dari bisnis jika lebih If not, they are presented as non-current assets.
lama), piutang tersebut dikelompokkan sebagai
aset lancar. Jika tidak, piutang tersebut disajikan
sebagai aset tidak lancar.
Piutang usaha merupakan jumlah yang terutang Trade receivables are amounts due from
dari pelanggan atas penjualan uap dan listrik, customers for steam and electricity sold, and
dan production allowances dalam kegiatan production allowances in the ordinary course of
usaha normal. business.
h. Persediaan h. Inventories
Persediaan material seperti suku cadang, bahan Inventory such as spare parts, chemicals and
kimia dan lain-lain, dicatat berdasarkan metode others are stated at the weighted average cost.
rata-rata tertimbang. Persediaan usang, tidak Obsolete, unusable and slow-moving inventory
terpakai, dan lambat pergerakannya dicatat is stated at the weighted average cost and is
berdasarkan metode rata-rata tertimbang dan recorded as part of the “Non-current assets -
disajikan dalam akun “Aset tidak lancar - Aset Other assets, net” account.
lain-lain, bersih”.
Penyisihan persediaan usang dibentuk untuk Allowance for inventory obsolescence is
mengurangi jumlah tercatat persediaan ke nilai provided to reduce the carrying amounts of
realisasi netonya yang ditentukan melalui inventories to their net realizable value based on
pengujian berkala atas estimasi penggunaan the periodic review of the estimated future usage
atau penjualan masing-masing jenis persediaan or sale of individual inventory items.
di masa yang akan datang.
i. Aset tetap i. Fixed assets
Biaya perolehan termasuk biaya penggantian Cost includes the cost of replacing parts of fixed
sebagian aset tetap dan biaya pinjaman untuk assets and borrowing costs for long-term
proyek konstruksi jangka panjang jika kriteria construction projects if the recognition criteria
pengakuan terpenuhi. Demikian pula, ketika are satisfied. Likewise, when a major inspection
major inspection dilakukan, biayanya diakui is performed, its cost is recognized at the
sebagai nilai tercatat aset tetap sebagai biaya carrying amounts of the fixed assets as a
penggantian, jika kriteria pengakuan terpenuhi. replacement if the recognition criteria are
satisfied.
Page 708
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/18 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2023 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2023 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
3. IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI 3. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES INFORMATION (continued)
i. Aset tetap (lanjutan) i. Fixed assets (continued)
Tanah tidak disusutkan. Penyusutan aset lain Land is not depreciated. Depreciation on other
dihitung dengan menggunakan metode garis assets is calculated using the straight-line
lurus untuk mengalokasikan harga perolehan method to allocate their cost to their residual
sampai dengan nilai sisanya selama masa values over their estimated useful lives, as
manfaat yang diestimasi, sebagai berikut: follows:
Tahun/Years
Sumur panas bumi 10 - 20 Geothermal wells
Instalasi 5 - 30 Installations
Bangunan 5 - 40 Buildings
Harta benda bergerak 5 - 20 Moveable assets
Biaya-biaya setelah pengakuan awal diakui Subsequent costs are included in the asset’s
sebagai bagian dari nilai tercatat aset atau carrying amount or recognized as a separate
sebagai aset yang terpisah, sebagaimana asset, as appropriate, only when it is probable
mestinya, hanya apabila kemungkinan besar that future economic benefits associated with the
Grup akan mendapatkan manfaat ekonomis di item will flow to the Group and the cost of the
masa depan berkenaan dengan aset tersebut item can be measured reliably. The carrying
dan biaya perolehan aset dapat diukur dengan amount of the replaced part is derecognized. All
andal. Nilai tercatat dari komponen yang diganti other repairs and maintenance are charged to
dihapuskan. Biaya perbaikan dan pemeliharaan the statements of profit or loss and other
dibebankan ke dalam laporan laba-rugi dan comprehensive income during the financial
penghasilan komprehensif lainnya dalam period in which they are incurred.
periode dimana biaya-biaya tersebut terjadi.
Nilai tercatat dari aset tetap ditelaah untuk The carrying amount of fixed assets is tested for
penurunan nilai ketika terdapat kejadian atau impairment whenever events or changes in
perubahan keadaan yang mengindikasikan circumstances indicate that the carrying amount
bahwa nilai tercatat tidak dapat terpulihkan. may not be recoverable.
Jumlah tercatat aset tetap dihentikan An item of fixed asset is derecognized upon
pengakuannya pada saat dilepaskan atau saat disposal or when no future economic benefits
tidak ada manfaat ekonomis di masa depan are expected from its use or disposal. Any gain
yang diharapkan dari penggunaan atau or loss arising from derecognition of the asset,
pelepasannya. Laba atau rugi yang timbul dari calculated as the difference between the net
penghentian pengakuan aset, yang merupakan disposal proceeds and the carrying amount of
perbedaan antara jumlah neto hasil pelepasan the asset, is included in profit or loss. The
dengan jumlah tercatatnya, disajikan dalam laba residual value of assets, useful lives, and
rugi. Nilai sisa aset, masa manfaat, dan metode depreciation method are reviewed and adjusted
penyusutan ditelaah dan jika perlu disesuaikan, if appropriate, at the end of each reporting
pada setiap akhir periode pelaporan. period.
Aset tetap dalam pembangunan Construction in progress
Aset tetap dalam pembangunan merupakan Construction in progress represents costs for
biaya-biaya untuk eksplorasi dan evaluasi aset exploration and evaluation of geothermal assets,
panas bumi, pengembangan aset panas bumi, development of geothermal assets and
dan pembangunan aset tetap lainnya. Biaya- construction of other assets. Such costs are
biaya tersebut akan dipindahkan ke aset tetap transferred to the relevant fixed asset account
yang bersangkutan pada saat aset tersebut when the asset is completed and ready to use.
selesai dan siap digunakan. Biaya-biaya yang Costs are accumulated on a field by field basis.
terjadi diakumulasikan berdasarkan lapangan
per lapangan.
Page 709
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/19 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2023 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2023 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
3. IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI 3. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES INFORMATION (continued)
i. Aset tetap (lanjutan) i. Fixed assets (continued)
Biaya geologi dan geofisika dibebankan pada Geological and geophysical costs are expensed
saat terjadi. as incurred.
Biaya-biaya pemboran sumur eksplorasi dan The costs of drilling exploratory wells and the
biaya-biaya pemboran sumur tes stratigrafi, costs of drilling exploratory-type stratigraphic
dikapitalisasi sebagai bagian dari Aset tetap test wells are capitalized as part of assets under
dalam pembangunan - aset eksplorasi, hingga construction - exploration assets, pending the
ditentukan apakah sumur tersebut memenuhi determination of whether the well has met the
standar untuk produksi seperti tekanan dan standards of production such as pressure and
temperatur. Jika sumur tersebut memenuhi temperature. If the wells have met the standards
standar untuk produksi, kapitalisasi biaya of production, the capitalized costs of drilling the
pemboran sumur dievaluasi terhadap wells are tested for impairment and transferred
penurunan nilai dan ditransfer menjadi Aset to assets under construction - development
tetap dalam pembangunan - aset assets (even though the well may not yet be
pengembangan (walaupun sumur tersebut completed as a producing well). If, however, the
nantinya tidak akan dijadikan sumur produksi). well has not met the standards of production, the
Namun demikian, jika sumur tersebut tidak capitalized costs of drilling the well are then
memenuhi standar untuk produksi, biaya charged to expense.
pemboran sumur yang telah dikapitalisasi akan
dicatat sebagai beban.
Biaya-biaya pemboran sumur dalam The costs of drilling development wells including
pengembangan termasuk biaya pemboran the costs of drilling unsuccessful development
sumur pengembangan yang tidak menghasilkan wells and development-type stratigraphic wells
sumur pengembangan stratigrafi dikapitalisasi are capitalized as part of assets under
sebagai bagian dari Aset tetap dalam construction of development wells until drilling is
pembangunan sumur pengembangan hingga completed. When the development well is
proses pemboran selesai. Pada saat completed on a specific field, it is transferred to
pengembangan sumur telah selesai pada fixed assets - production wells.
lapangan tertentu, maka sumur tersebut akan
ditransfer ke aset tetap - sumur produksi.
j. Kapitalisasi biaya pinjaman j. Capitalized borrowing costs
Biaya bunga dan biaya pinjaman lainnya, seperti Interest and other borrowing costs, such as
biaya diskonto pinjaman baik yang secara discount fees on loans either directly or indirectly
langsung atau tidak langsung digunakan untuk used in financing the construction of a qualifying
pendanaan konstruksi aset kualifikasian asset, are capitalized up to the date when
(“qualifying asset”), dikapitalisasi hingga aset construction is complete. For borrowing costs
tersebut selesai dikonstruksi. Untuk biaya directly attributable to a qualifying asset, the
pinjaman yang dapat diatribusikan secara amount to be capitalized is determined as the
langsung pada aset kualifikasian, jumlah yang actual borrowing cost incurred during the period,
dikapitalisasi ditentukan dari biaya pinjaman less any income earned on the temporary
aktual yang terjadi selama periode berjalan, investment of this borrowing.
dikurangi penghasilan yang diperoleh dari
investasi sementara atas dana hasil pinjaman
tersebut.
Page 710
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/20 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2023 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2023 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
3. IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI 3. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES INFORMATION (continued)
j. Kapitalisasi biaya pinjaman (lanjutan) j. Capitalized borrowing costs (continued)
Untuk pinjaman yang tidak dapat diatribusikan For borrowing not directly attributable to a
secara langsung pada suatu aset kualifikasian, qualifying asset, the amount to be capitalized is
jumlah yang dikapitalisasi ditentukan dengan determined by applying a capitalization rate to
mengalikan tingkat kapitalisasi terhadap jumlah the amount expended on the qualifying assets.
yang dikeluarkan untuk memperoleh aset The capitalization rate is the weighted average
kualifikasian. Tingkat kapitalisasi dihitung of the total borrowing costs applicable to the total
berdasarkan rata-rata tertimbang biaya borrowings outstanding during the period, other
pinjaman yang dibagi dengan jumlah pinjaman than borrowings taken out specifically for the
yang tersedia selama periode, selain pinjaman purpose of obtaining a qualifying asset.
yang secara spesifik diambil untuk tujuan
memperoleh aset kualifikasian.
k. Utang usaha dan utang lain-lain k. Trade and other payables
Utang usaha dan utang lain-lain pada awalnya Trade and other payables are recognized initially
diakui pada nilai wajar dan kemudian diukur at fair value and subsequently measured at
dengan harga perolehan diamortisasi yang amortized cost using the effective interest
menggunakan metode suku bunga efektif. Utang method. Payables are classified as current
dikelompokan sebagai liabilitas jangka pendek liabilities if payment is due within one year or less
apabila pembayaran jatuh tempo dalam waktu (or within the normal operating cycle of the
satu tahun atau kurang (atau dalam siklus business if longer). If not, they are presented as
normal operasi dari bisnis jika lebih lama). Jika non-current liabilities.
tidak, utang tersebut disajikan sebagai utang
jangka panjang.
l. Pinjaman l. Borrowings
Pada saat pengakuan awal, pinjaman diakui Borrowings are recognized initially at fair value,
sebesar nilai wajar, dikurangi dengan biaya- net of transaction costs incurred. Borrowings are
biaya transaksi yang terjadi. Selanjutnya, subsequently carried at amortized cost; any
pinjaman diukur sebesar biaya perolehan difference between the proceeds (net of
diamortisasi; selisih antara penerimaan transaction costs) and the redemption value is
(dikurangi biaya transaksi) dan nilai pelunasan recognized in the profit or loss over the period of
dicatat pada laporan laba-rugi selama periode the borrowings using the effective interest
pinjaman dengan menggunakan metode bunga method.
efektif.
Biaya pinjaman yang terjadi untuk konstruksi Borrowing costs incurred for the construction of
aset kualifikasian, dikapitalisasi selama periode any qualifying asset are capitalized during the
waktu yang dibutuhkan untuk menyelesaikan period of time that is required to complete and
konstruksi aset dan mempersiapkannya sampai prepare the asset for its intended use or sale
dapat digunakan sesuai tujuan yang (Note 3j).
dimaksudkan atau untuk dijual (Catatan 3j).
Pinjaman diklasifikasikan sebagai liabilitas Borrowings are classified as current liabilities
jangka pendek kecuali Grup memiliki hak tanpa unless the Group has an unconditional right to
syarat untuk menunda pembayaran liabilitas defer the settlement of the liability for at least 12
selama paling tidak 12 bulan setelah tanggal months after the reporting date.
pelaporan.
Page 711
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/21 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2023 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2023 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
3. IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI 3. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES INFORMATION (continued)
m. Pengakuan pendapatan dan beban m. Revenue and expenses recognition
Pendapatan dari penjualan uap dan listrik diakui Revenue from sales of steam and electricity is
pada saat terpenuhinya seluruh kondisi berikut: recognized when all the following conditions are
met:
1. Identifikasi kontrak dengan pelanggan 1. Identify contracts with customers
2. Identifikasi kewajiban pelaksanaan dalam 2. Identification of performance obligations in
kontrak. Kewajiban pelaksanaan the contract. Performance obligations are
merupakan janji-janji dalam kontrak untuk promises in a contract to deliver steams or
menyerahkan uap atau listrik ke pelanggan. electricity to customers.
3. Penetapan harga transaksi. Harga transaksi 3. Determining the transaction price. The
merupakan jumlah imbalan yang berhak transaction price is the amount of
diperoleh suatu entitas sebagai kompensasi consideration that an entity is entitled to
atas diserahkannya uap atau listrik yang receive as compensation for the delivery of
dijanjikan ke pelanggan. Jika imbalan yang the promised steam or electricity to the
dijanjikan di kontrak mengandung suatu customer. If the benefits promised in the
jumlah yang bersifat variabel, maka Grup contract contain a variable amount, the
membuat estimasi jumlah imbalan tersebut Group estimates the amount of the
sebesar jumlah yang diharapkan berhak consideration at the amount expected to be
diterima atas diserahkannya uap atau listrik entitled to receive the promised steam or
yang dijanjikan ke pelanggan dikurangi electricity to the customer less the estimated
dengan estimasi jumlah jaminan uap dan amount of steam and electricity guarantees
listrik yang akan dibayarkan selama periode to be paid during the contract period.
kontrak.
4. Alokasi harga transaksi ke setiap kewajiban 4. Allocation of the transaction price to each
pelaksanaan dengan menggunakan dasar performance obligation based on the basis
harga jual berdiri sendiri relatif dari setiap of the relative stand-alone selling price of
uap atau listrik berbeda yang dijanjikan di each different steam or electricity promised
kontrak. Ketika tidak dapat diamati secara in the contract. When this cannot be
langsung, harga jual berdiri sendiri relatif observed directly, the relative stand-alone
diperkirakan berdasarkan biaya yang selling price is estimated based on expected
diharapkan ditambah marjin. cost plus a margin.
5. Pengakuan pendapatan ketika kewajiban 5. Recognition of revenue when performance
pelaksanaan telah dipenuhi dengan obligations have been fulfilled by delivering
menyerahkan uap atau listrik yang the promised steam or electricity to the
dijanjikan ke pelanggan (ketika pelanggan customer (when the customer has control
telah memiliki kendali atas barang atau jasa over the goods or services).
tersebut).
Biaya dan pendapatan sehubungan dengan The cost and revenue involving sales of steam
penjualan uap dan listrik antara Perusahaan, and electricity among the Company, geothermal
kontraktor panas bumi dan PLN dicatat secara contractors and PLN are recorded as net based
bersih setelah mempertimbangkan klausul di on Energy Sales Contracts under a JOC. The
dalam Energy Sales Contracts dalam KOB. KOB contracts stipulate that the sale of steam and
tersebut mengharuskan penjualan uap dan listrik electricity from the JOC contractors to PLN is to
dari kontraktor KOB ke PLN dilakukan melalui be made on the pass-through arrangement with
Perusahaan, dimana Perusahaan akan menjual the Company, in which Company will charge
kepada PLN pada nilai yang sama dengan biaya PLN in the same amount of the purchase costs
pembelian uap dan listrik dari kontraktor KOB. as the steam and electricity from the JOCs.
Pendapatan dan beban lainnya diakui pada saat Other revenue and expenses are recognized as
terjadi berdasarkan konsep akrual. incurred on an accrual basis.
Page 712
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/22 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2023 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2023 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
3. IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI 3. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES INFORMATION (continued)
n. Imbalan kerja n. Employee benefits
i. Program imbalan pasti i. Defined benefit plans
Liabilitas program pensiun imbalan pasti The liability recognized in the consolidated
yang diakui dalam laporan posisi keuangan statement of financial position in respect of
konsolidasian adalah nilai kini kewajiban defined benefit pension plans is the present
imbalan pasti pada tanggal pelaporan value of the defined benefit obligation at the
dikurangi nilai wajar aset program. reporting date less the fair value of plan
Perhitungan tersebut dilakukan oleh assets. The calculation is performed by an
aktuaris independen dengan menggunakan independent actuary using the projected
metode projected unit credit. Nilai kini unit credit method. The present value of the
kewajiban imbalan pasti ditentukan dengan defined benefit obligation is determined by
mendiskontokan estimasi arus kas keluar di discounting the estimated future cash
masa depan menggunakan tingkat bunga outflows using government bond interest
obligasi pemerintah dengan pertimbangan rates considering currently there is no deep
bahwa pada saat ini tidak terdapat pasar market for high quality corporate bonds that
aktif untuk obligasi korporasi yang have terms to maturity approximating the
berkualitas tinggi yang memiliki periode terms of the related liability.
jatuh temponya berdekatan dengan periode
liabilitas tersebut.
Beban yang diakui di laba rugi termasuk Expense charged to profit or loss include
biaya jasa kini, beban/pendapatan bunga, current service costs, interest
biaya jasa lalu dan keuntungan/kerugian expense/income, past-service cost and
penyelesaian. gains and losses on settlements.
Pengukuran kembali program imbalan pasti Remeasurements of defined benefit plans
diakui dalam penghasilan komprehensif are recognized in other comprehensive
lain. Pengukuran kembali terdiri dari income. Remeasurements comprise
keuntungan dan kerugian aktuaria, imbal actuarial gains and losses, the return on
hasil aset program (diluar pendapatan plan assets (excluding amounts included in
bunga yang sudah diakumulasi dalam net interest on the net defined benefit
perhitungan bunga neto/aset) dan setiap liability/asset) and any change in the effect
perubahan atas dampak batas atas aset of the asset ceiling (excluding amounts
(diluar pendapatan bunga yang sudah included in net interest on the net defined
diakumulasi dalam perhitungan bunga benefit liability/asset).
neto/aset).
Biaya jasa lalu diakui segera dalam laba Past-service costs are recognized
rugi, kecuali perubahan pada program immediately in profit or loss, unless the
pensiun tergantung pada kondisi karyawan changes to the pension plan are conditional
memberikan jasanya selama periode on the employees remaining in service for a
tertentu (periode vesting). Dalam hal ini, specified period of time (the vesting period).
biaya jasa lalu diamortisasi dengan In this case, the past-service costs are
menggunakan metode garis lurus amortized on a straight-line basis over the
sepanjang periode vesting. vesting period.
Page 713
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/23 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2023 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2023 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
3. IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI 3. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES INFORMATION (continued)
n. Imbalan kerja (lanjutan) n. Employee benefits (continued)
i. Program imbalan pasti (lanjutan) i. Defined benefit plans (continued)
Keuntungan dan kerugian atas kurtailmen Gains and losses on curtailment are
diakui ketika terdapat komitmen untuk recognized when there is a commitment to
mengurangi jumlah karyawan yang make a material reduction in the number of
tercakup dalam suatu program secara employees covered by a plan or when there
signifikan atau ketika terdapat perubahan is an amendment of defined benefit plan
ketentuan dalam program imbalan pasti terms such as that a material element of
yang menyebabkan bagian yang material future services to be provided by current
dari jasa masa depan, karyawan tidak lagi employees will no longer qualify for benefits,
memberikan imbalan atau memberikan or will qualify only for reduced benefits.
imbalan yang lebih rendah.
Program imbalan pasti yang The defined benefit plans provided by the
diselenggarakan oleh Grup meliputi pensiun Group cover defined benefit pension and
imbalan pasti dan kewajiban imbalan pasti defined benefit obligation under Job
berdasarkan Undang- Undang Cipta Kerja Creation Law No. 11/2020 (the “Job
No. 11/2020 (“Undang-Undang Cipta Creation Law”) (before January 1, 2021:
Kerja”) (sebelum 1 Januari 2021: Undang- Labour Law No. 13/2003 (the “Labour
Undang Ketenagakerjaan No. 13/2003 (“UU Law”)) or the Collective Labour Agreement
Ketenagakerjaan”)) atau Kontrak Kerja (the “CLA”), whichever is higher.
Bersama (“KKB”), mana yang lebih tinggi.
ii. Imbalan kerja jangka panjang lainnya ii. Other long-term benefits
Karyawan Grup memiliki hak untuk Employees of the Group are entitled to
menerima penghargaan masa kerja untuk receive long service awards, namely Ulang
jangka waktu tertentu dalam bentuk kas Tahun Dinas (“UTD”) in the form of certain
dalam jumlah tertentu atau barang, yang cash awards or goods and Masa Persiapan
disebut Ulang Tahun Dinas (“UTD”) dan Purna Karya (“MPPK”).
Masa Persiapan Purna Karya (“MPPK”).
Kewajiban terkait dengan UTD dihitung oleh The obligation with respect to UTD is
aktuaris independen dengan menggunakan calculated by an independent actuary using
metode projected unit credit dan dibayarkan the projected unit credit method, and paid at
pada saat karyawan mencapai UTD tertentu the time the employees reach certain
selama masa kerjanya. anniversary dates during employment.
Biaya jasa lalu dan keuntungan atau Past service cost and actuarial gains or
kerugian aktuarial yang timbul dari losses arising from experience adjustments
penyesuaian akibat perbedaan antara and changes in actuarial assumptions are
asumsi aktuarial dan kenyataan dan charged immediately to profit or loss.
perubahan asumsi-asumsi aktuarial
dibebankan secara langsung ke laba rugi.
Page 714
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/24 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2023 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2023 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
3. IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI 3. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES INFORMATION (continued)
o. Penjabaran mata uang asing o. Foreign currency translation
i. Mata uang fungsional dan penyajian i. Functional and presentation currency
Akun-akun yang tercakup dalam laporan Items included in the consolidated financial
keuangan konsolidasian Grup diukur statements of the Group are measured
menggunakan mata uang dari lingkungan using the currency of the primary economic
ekonomi utama di mana entitas beroperasi environment in which the entity operates
(“mata uang fungsional”). Laporan (the “functional currency”). The
keuangan konsolidasian disajikan dalam consolidated financial statements are
ribuan dolar Amerika Serikat (US$), yang presented in thousands of US Dollar (US$),
merupakan mata uang fungsional dan which is the Group’s functional and
penyajian Grup. presentation currency.
ii. Transaksi dan saldo ii. Transactions and balances
Transaksi dalam mata uang selain dolar AS Transactions denominated in currencies
dikonversikan dengan menggunakan kurs other than US dollar are converted using
yang berlaku pada tanggal transaksi. exchange rates prevailing at the dates of the
transactions.
Pada setiap tanggal pelaporan, aset dan At each reporting date, monetary assets
liabilitas moneter dalam mata uang asing and liabilities denominated in foreign
dijabarkan ke dalam mata uang dolar AS currencies are translated into US dollar
menggunakan kurs JISDOR yang berlaku using the JISDOR rate prevailing as of
pada tanggal 31 Desember 2023 dan 2022. December 31, 2023 and 2022. The
Kurs yang digunakan untuk mata uang exchange rates of the major foreign
asing utama adalah sebagai berikut (nilai currencies used are as follows (full amount):
penuh):
31 Desember/ 31 Desember/
December 31, December 31,
2023 2022
1.000 Rupiah/Dolar 1,000 Rupiah/
Amerika Serikat 0,06 0,06 US Dollar
1 Euro/Dolar 1 Euro/
Amerika Serikat 1,11 1,07 US Dollar
100 Yen Jepang/Dolar 100 Japanese
Amerika Serikat 0,71 0,75 Yen/US Dollar
Keuntungan dan kerugian selisih kurs yang Foreign exchange gains and losses
timbul dari penyelesaian transaksi dalam resulting from the settlement of such
mata uang asing dan dari penjabaran aset transactions and from the translation at
dan liabilitas moneter dalam mata uang period-end exchange rates of monetary
asing diakui di dalam laporan laba-rugi, assets and liabilities denominated in foreign
kecuali jika ditangguhkan di dalam ekuitas currencies are recognized in profit or loss,
sebagai lindung nilai arus kas dan lindung except when deferred in equity as qualifying
nilai investasi bersih yang memenuhi cash flow hedges and qualifying net
syarat. investment hedges.
Keuntungan dan kerugian selisih kurs yang Foreign exchange gains and losses that
berhubungan dengan pinjaman, serta kas relate to borrowings and cash and cash
dan setara kas disajikan pada laporan laba- equivalents are presented in the profit or
rugi sebagai “pendapatan lain-lain”. loss within “other income”.
Page 715
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/25 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2023 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2023 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
3. IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI 3. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES INFORMATION (continued)
p. Perpajakan p. Taxation
Pajak kini Current tax
Aset dan liabilitas pajak kini untuk periode Current income tax assets and liabilities for the
berjalan diukur sebesar jumlah yang diharapkan current period are measured at the amount
dapat direstitusi dari atau dibayarkan kepada expected to be recovered from or paid to the
otoritas perpajakan. Tarif pajak dan peraturan taxation authority. The tax rates and tax laws
pajak yang digunakan untuk menghitung jumlah used to compute the amount are those that have
tersebut adalah yang telah berlaku atau secara been enacted or substantively enacted as at the
substantif telah berlaku pada tanggal pelaporan reporting date in the countries where the Group
di negara tempat Grup beroperasi dan operates and generates taxable income.
menghasilkan pendapatan kena pajak.
Bunga dan denda disajikan sebagai bagian dari Interests and penalties are presented as part of
penghasilan atau beban operasi lain karena other operating income or expenses since they
tidak dianggap sebagai bagian dari beban pajak are not considered as part of the income tax
penghasilan. expense.
Pajak penghasilan kini terkait dengan pos-pos Current income tax relating to items recognized
yang diakui secara langsung di ekuitas diakui directly in equity is recognized in equity and not
dalam ekuitas dan bukan dalam laporan laba in the statement of profit or loss. Management
rugi. Manajemen secara berkala mengevaluasi periodically evaluates positions taken in the tax
posisi yang diambil dalam Surat Pemberitahuan returns with respect to situations in which
Tahunan (SPT) sehubungan dengan situasi di applicable tax regulations are subject to
mana peraturan perpajakan yang berlaku interpretation and establishes provisions where
tunduk pada interpretasi dan menetapkan appropriate.
ketentuan yang sesuai.
Sesuai dengan Keputusan Presiden No. In accordance with Presidential Decree No.
49/1991, Keputusan Menteri Keuangan No. 49/1991, Decision Letter of the Minister of
766/KMK.04/1992, dan Peraturan Menteri Finance No. 766/KMK.04/1992, and Ministry of
Keuangan No. 90/PMK.02/2017, Grup sebagai Finance Regulation No. 90/PMK.02/2017, the
pengusaha panas bumi berkewajiban menyetor Group as a geothermal producer is required to
bagian Pemerintah sebesar 34% dari laba usaha transfer the Government’s portion of the Group’s
bersih ke Kementerian Keuangan, yang operating income in the amount of 34% to the
diperlakukan sebagai setoran pajak Ministry of Finance, which amount is deemed to
penghasilan. represent corporate income tax.
Pajak tangguhan Deferred tax
Pajak tangguhan diakui dengan menggunakan Deferred tax is provided using the liability
metode liabilitas atas perbedaan temporer pada method on temporary differences at the
tanggal pelaporan antara dasar pengenaan reporting date between the tax bases of assets
pajak dari aset dan liabilitas dan jumlah and liabilities and their carrying amounts for
tercatatnya untuk tujuan pelaporan keuangan financial reporting purposes at the reporting
pada tanggal pelaporan. date.
Page 716
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/26 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2023 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2023 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
3. IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI 3. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES INFORMATION (continued)
p. Perpajakan (lanjutan) p. Taxation (continued)
Aset pajak tangguhan diakui untuk seluruh Deferred tax assets are recognized for all
perbedaan temporer yang dapat dikurangkan deductible temporary differences and carry
dan akumulasi rugi pajak belum dikompensasi, forward of unused tax losses, to the extent that it
bila kemungkinan besar laba kena pajak akan is probable that taxable profits will be available
tersedia sehingga perbedaan temporer dapat against which deductible temporary differences,
dikurangkan tersebut, dan rugi pajak belum and the carry forward of unused tax losses can
dikompensasi, dapat dimanfaatkan, kecuali: be utilized, except:
i. jika aset pajak tangguhan timbul dari i. where the deferred tax asset relating to the
pengakuan awal aset atau liabilitas dalam deductible temporary difference arises from
transaksi yang bukan transaksi kombinasi the initial recognition of an asset or liability in
bisnis dan tidak mempengaruhi laba a transaction that is not a business
akuntansi maupun laba kena pajak/rugi combination and, at the time of the
pajak; atau transaction, affects neither the accounting
profit nor taxable profit or loss; or
ii. dari perbedaan temporer yang dapat ii. in respect of deductible temporary differences
dikurangkan atas investasi pada entitas associated with investments in subsidiaries,
anak, aset pajak tangguhan hanya diakui deferred tax assets are recognized only to the
bila besar kemungkinannya bahwa beda extent that it is probable that the temporary
temporer itu tidak akan dibalik dalam waktu differences will reverse in the foreseeable
dekat dan laba kena pajak dapat future and taxable profit will be available
dikompensasi dengan beda temporer against which the temporary differences can
tersebut. be utilized.
Jumlah tercatat aset pajak tangguhan ditelaah The carrying amount of a deferred tax asset is
pada setiap tanggal pelaporan dan diturunkan reviewed at each reporting date and reduced to
apabila laba kena pajak mungkin tidak memadai the extent that it is no longer probable that
untuk mengkompensasi sebagian atau semua sufficient taxable profit will be available to allow
manfaat aset pajak tangguhan. Aset pajak all or part of the benefit of that deferred tax asset
tangguhan yang tidak diakui ditinjau ulang pada to be utilized. Unrecognized deferred tax assets
setiap tanggal pelaporan dan akan diakui are reassessed at each reporting date and are
apabila besar kemungkinan bahwa laba kena recognized to the extent that it has become
pajak pada masa yang akan datang akan probable that future taxable profit will allow the
tersedia untuk pemulihannya. deferred tax assets to be recovered.
Pajak tangguhan terkait dengan pos-pos yang Deferred tax relating to items recognized outside
diakui di luar laba rugi diakui di luar laba rugi. profit or loss is recognized outside profit or loss.
Item pajak tangguhan diakui sesuai dengan Deferred tax items are recognized in correlation
transaksi yang mendasarinya baik di PKL to the underlying transaction either in OCI or
maupun secara langsung di ekuitas. directly in equity.
Manfaat pajak yang diperoleh sebagai bagian Tax benefits acquired as part of a business
dari kombinasi bisnis, tetapi tidak memenuhi combination, but not satisfying the criteria for
kriteria untuk pengakuan terpisah pada tanggal separate recognition at that date, are recognised
tersebut, diakui selanjutnya jika informasi baru subsequently if new information about facts and
tentang fakta dan keadaan berubah. circumstances change. The adjustment is either
Penyesuaian tersebut diperlakukan sebagai treated as a reduction in goodwill (as long as it
pengurangan goodwill (selama tidak melebihi does not exceed goodwill) if it was incurred
goodwill) jika terjadi selama periode pengukuran during the measurement period or recognized in
atau diakui dalam laba rugi. profit or loss.
Page 717
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/27 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2023 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2023 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
3. IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI 3. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES INFORMATION (continued)
p. Perpajakan (lanjutan) p. Taxation (continued)
Grup melakukan saling hapus aset pajak The Group offsets deferred tax assets and
tangguhan dan liabilitas pajak tangguhan jika deferred tax liabilities if and only if it has a legally
dan hanya jika memiliki hak yang berkekuatan enforceable right to set off current tax assets and
hukum untuk saling hapus aset pajak kini dan current tax liabilities and the deferred tax assets
liabilitas pajak kini dan aset pajak tangguhan and deferred tax liabilities relate to income taxes
dan liabilitas pajak tangguhan terkait dengan levied by the same taxation authority on either
pajak penghasilan yang dikenakan oleh otoritas the same taxable entity or different taxable
perpajakan yang sama atas baik entitas kena entities which intend either to settle current tax
pajak yang sama atau entitas kena pajak yang liabilities and assets on a net basis, or to realise
berbeda yang bermaksud untuk menyelesaikan the assets and settle the liabilities
liabilitas dan aset pajak kini secara neto, atau simultaneously, in each future period in which
untuk merealisasikan aset dan menyelesaikan significant amounts of deferred tax liabilities or
liabilitas secara bersamaan, pada setiap periode assets are expected to be settled or recovered.
masa depan di mana jumlah liabilitas atau aset
pajak tangguhan yang signifikan diharapkan
untuk diselesaikan atau dipulihkan.
q. Penurunan nilai aset non-keuangan q. Impairment of non-financial assets
Evaluasi terhadap aset jangka panjang Long-lived assets are reviewed at each balance
dilakukan pada setiap tanggal neraca untuk sheet date for impairment whenever events or
mengetahui adanya penurunan nilai ketika changes in circumstances indicate that the
terjadi peristiwa atau perubahan kondisi yang carrying amount of an asset may not be
mengindikasikan bahwa nilai tercatat aset recoverable. If any such indication exists, the
tersebut tidak dapat terpulihkan. Jika terdapat recoverable amount of the asset is estimated. An
kondisi seperti yang digambarkan di atas, nilai impairment loss is recognized for the amount by
terpulihkan dari aset diestimasi. Rugi penurunan which the carrying value of the assets exceeds
nilai diakui sebesar jumlah dimana nilai tercatat their recoverable amount, which is the higher of
dari aset tersebut melebihi jumlah terpulihkan, the fair value less cost to sell or value in use of
yang merupakan nilai tertinggi antara nilai wajar the assets. For the purpose of assessing
aset dikurangi biaya atau nilai pakai dari aset. impairment, assets are grouped at the existing
Dalam rangka menguji penurunan nilai, aset cash generating units. Impairment losses are
dikelompokkan kepada unit penghasil kas. Rugi recognized in profit or loss. Reversal of an
penurunan nilai diakui dalam laba rugi. impairment is recorded as income in the year
Pemulihan penyisihan penurunan nilai diakui when the reversal occurs.
sebagai pendapatan dalam tahun dimana
pemulihan tersebut terjadi.
r. Instrumen keuangan r. Financial instruments
i. Aset keuangan i. Financial assets
Pengakuan awal Initial recognition
Grup mengklasifikasikan aset keuangannya The Group classifies its financial assets in
dalam kategori pengukuran berikut: the following measurement categories:
- aset keuangan yang diukur pada nilai - those to be measured subsequently at
wajar (baik melalui penghasilan fair value (either through other
komprehensif lain, atau melalui laba comprehensive income, or through
rugi), dan profit or loss), and
- aset keuangan yang diukur pada biaya - those to be measured at amortized
perolehan diamortisasi. cost.
Page 718
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/28 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2023 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2023 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
3. IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI 3. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES INFORMATION (continued)
r. Instrumen keuangan (lanjutan) r. Financial instruments (continued)
i. Aset keuangan (lanjutan) i. Financial assets (continued)
Pengakuan awal (lanjutan) Initial recognition (continued)
Klasifikasi tersebut tergantung pada model The classification depends on the entity’s
bisnis entitas untuk mengelola aset business model for managing the financial
keuangan dan persyaratan kontraktual arus assets and the contractual terms of the cash
kas. flows.
Untuk aset yang diukur pada nilai wajar, For assets measured at fair value, gains and
keuntungan dan kerugian akan dicatat dalam losses will either be recorded in profit or loss
laporan laba rugi atau penghasilan or other comprehensive income. For
komprehensif lain. Untuk investasi pada investments in equity instruments that are
instrumen ekuitas yang tidak dimiliki untuk not held for trading, this will depend on
diperdagangkan, hal ini akan tergantung whether the group has made an irrevocable
pada apakah Grup telah melakukan election at the time of initial recognition to
pemilihan tak terbatalkan pada saat account for the equity investment at fair
pengakuan awal untuk mencatat investasi value through other comprehensive income.
ekuitas pada nilai wajar melalui penghasilan
komprehensif lain.
Pada pengakuan awal, Grup mengukur aset At initial recognition, the group measures a
keuangan pada nilai wajarnya ditambah, financial asset at its fair value plus, in the
dalam hal aset keuangan tidak diukur pada case of a financial asset not at fair value
nilai wajar melalui laporan laba rugi, biaya through profit or loss, transaction costs that
transaksi yang dapat diatribusikan secara are directly attributable to the acquisition of
langsung dengan perolehan aset keuangan. the financial asset. Transaction costs of
Biaya transaksi dari aset keuangan yang financial assets carried at fair value through
dicatat pada nilai wajar melalui laporan laba profit or loss are expensed in profit or loss.
rugi dibebankan pada laporan laba rugi.
Pengukuran setelah pengakuan Subsequent measurement
Grup selanjutnya mengukur semua investasi The group subsequently measures all equity
ekuitas pada nilai wajar. Jika manajemen investments at fair value. Where the group’s
grup telah memilih untuk menyajikan management has elected to present fair
keuntungan dan kerugian nilai wajar atas value gains and losses on equity
investasi ekuitas dalam penghasilan investments in other comprehensive
komprehensif lain, tidak ada reklasifikasi income, there is no subsequent
keuntungan dan kerugian nilai wajar ke laba reclassification of fair value gains and losses
rugi setelah penghentian pengakuan to profit or loss following the derecognition of
investasi tersebut. Dividen dari investasi the investment. Dividends from such
semacam itu tetap diakui dalam laba rugi investments continue to be recognized in
sebagai pendapatan lainnya ketika hak grup profit or loss as other income when the
untuk menerima pembayaran ditetapkan. group’s right to receive payments is
established.
Page 719
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/29 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2023 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2023 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
3. IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI 3. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES INFORMATION (continued)
r. Instrumen keuangan (lanjutan) r. Financial instruments (continued)
i. Aset keuangan (lanjutan) i. Financial assets (continued)
Perubahan nilai wajar aset keuangan yang Changes in the fair value of financial assets
diukur pada nilai wajar melalui laporan laba at fair value through profit or loss are
rugi diakui dalam keuntungan / (kerugian) recognized in other gain/(losses) in the
lain-lain dalam laporan laba rugi statement of profit or loss as applicable.
sebagaimana berlaku. Kerugian penurunan Impairment losses (and reversal of
nilai (dan pemulihan kerugian penurunan impairment losses) on equity investments
nilai) atas investasi ekuitas yang diukur measured at Fair Value throuogh Other
pada nilai wajar melalui penghasilan Comprehensive Income (“FVOCI”) are not
komprehensif lain (“FVOCI”) tidak reported separately from other changes in
dilaporkan secara terpisah dari perubahan fair value.
nilai wajar lainnya.
ii. Liabilitas keuangan ii. Financial liabilities
Pengakuan awal Initial recognition
Tidak terdapat perubahan dalam klasifikasi There are no changes in the classification
dan pengukuran liabilitas keuangan. and measurement of financial liabilities.
Liabilitas keuangan diklasifikasikan sebagai Financial liabilities are classified as financial
liabilitas keuangan yang diukur pada nilai liabilities at fair value through profit or loss
wajar melalui laba rugi dan liabilitas and other financial liabilities. The Group
keuangan lainnya. Grup menentukan determines the classification of its financial
klasifikasi liabilitas keuangan pada saat liabilities at initial recognition.
pengakuan awal.
Liabilitas keuangan pada awalnya diukur Financial liabilities are recognized initially at
pada nilai wajar dan, dalam hal liabilitas fair value and, in the case of financial
keuangan yang diukur dengan biaya liabilities recognized at amortized cost,
perolehan diamortisasi, ditambah biaya include directly attributable transaction
transaksi yang dapat diatribusikan secara costs.
langsung.
Liabilitas keuangan Grup yang The Group’s financial liabilities which are
dikategorikan sebagai liabilitas keuangan classified as other financial liabilities include
lainnya meliputi utang usaha, pinjaman trade payables, short-term loans, long-term
jangka pendek, pinjaman jangka panjang, loans, bonds payable and accrued
utang obligasi dan beban masih harus expenses.
dibayar.
Page 720
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/30 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2023 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2023 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
3. IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI 3. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES INFORMATION (continued)
r. Instrumen keuangan (lanjutan) r. Financial instruments (continued)
ii. Liabilitas keuangan (lanjutan) ii. Financial liabilities (continued)
Pengukuran setelah pengakuan awal Subsequent measurement
Pengukuran liabilitas keuangan tergantung The measurement of financial liabilities
pada klasifikasinya sebagai berikut: depends on their classification as follows:
- Liabilitas keuangan yang diukur pada - Financial liabilities at fair value through
nilai wajar melalui laba rugi profit or loss
Liabilitas keuangan yang diukur pada Financial liabilities at fair value through
nilai wajar melalui laba rugi termasuk profit or loss include financial liabilities
liabilitas keuangan untuk held for trading and financial liabilities
diperdagangkan dan liabilitas keuangan designated upon initial recognition at fair
yang ditetapkan pada saat pengakuan value through profit or loss.
awal untuk diukur pada nilai wajar
melalui laba rugi.
Liabilitas keuangan diklasifikasikan Financial liabilities are classified as held
sebagai kelompok diperdagangkan jika for trading if they are acquired for the
mereka diperoleh untuk tujuan dijual purpose of selling or repurchasing in the
atau dibeli kembali dalam waktu dekat. near term. Derivative liabilities are also
Liabilitas derivatif juga diklasifikasikan classified as held for trading unless they
sebagai kelompok diperdagangkan are designated as effective hedging
kecuali mereka ditetapkan sebagai instruments.
instrumen lindung nilai efektif.
Keuntungan atau kerugian atas liabilitas Gains or losses on liabilities held for
yang dimiliki untuk diperdagangkan trading are recognized in the statement
diakui dalam laporan laba rugi dan of profit or loss and other comprehensive
penghasilan komprehensif lain. income.
- Liabilitas keuangan pada biaya - Financial liabilities at amortized cost
perolehan diamortisasi
Setelah pengakuan awal, liabilitas After initial recognition, interest-bearing
keuangan yang diukur pada biaya loans and borrowings are subsequently
perolehan diamortisasi yang dikenakan measured at cost using the EIR method.
bunga selanjutnya diukur pada biaya At the reporting date, the accrued
perolehan diamortisasi dengan interest is recorded separately from the
menggunakan metode SBE. Pada respective principal loans as part of
tanggal pelaporan, biaya bunga yang current liabilities. Gains and losses are
masih harus dibayar dicatat secara recognized in the statement of profit or
terpisah dari pokok pinjaman terkait loss and other comprehensive income
dalam bagian liabilitas lancar. when the liabilities are derecognized as
Keuntungan dan kerugian diakui dalam well as through the amortization process
laporan laba rugi dan penghasilan using the EIR method.
komprehensif lain ketika liabilitas
dihentikan pengakuannya serta melalui
proses amortisasi menggunakan
metode SBE.
Page 721
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/31 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2023 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2023 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
3. IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI 3. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES INFORMATION (continued)
r. Instrumen keuangan (lanjutan) r. Financial instruments (continued)
ii. Liabilitas keuangan (lanjutan) ii. Financial liabilities (continued)
Metode Suku Bunga Efektif (“SBE”) Effective Interest Rate (“EIR”) method
Metode SBE adalah metode yang The EIR method is a method of calculating
digunakan untuk menghitung biaya the amortized cost of a financial asset and
perolehan diamortisasi dari aset keuangan of allocating interest income over the
dan mengalokasikan pendapatan bunga relevant period.
selama periode yang relevan.
iii. Pengukuran nilai wajar iii. Fair value measurement
Grup mengukur pada pengakuan awal The Group initially measures financial
instrumen keuangan pada nilai wajar, dan instruments at fair value, and assets and
aset dan liabilitas yang diakuisisi pada liabilities of the acquirees upon business
kombinasi bisnis. Grup juga mengukur combinations. It also measures certain
jumlah terpulihkan dari UPK tertentu recoverable amounts of the CGU using fair
berdasarkan nilai wajar dikurangi biaya value less cost of disposal (“FVLCD”).
pelepasan.
Nilai wajar adalah harga yang akan diterima Fair value is the price that would be received
dari menjual suatu aset atau harga yang to sell an asset or paid to transfer a liability
akan dibayar untuk mengalihkan suatu in an orderly transaction between market
liabilitas dalam transaksi teratur antara participants at the measurement date. The
pelaku pasar pada tanggal pengukuran. fair value measurement is based on the
Pengukuran nilai wajar mengasumsikan presumption that the transaction to sell the
bahwa transaksi untuk menjual aset atau asset or transfer the liability takes place
mengalihkan liabilitas terjadi: either:
i. di pasar utama untuk aset atau i. in the principal market for the asset
liabilitas tersebut, atau or liability, or
ii. jika tidak terdapat pasar utama, di ii. in the absence of a principal market,
pasar yang paling menguntungkan in the most advantageous market for
untuk aset atau liabilitas tersebut. the asset or liability.
Pasar utama atau pasar yang paling The principal or the most advantageous
menguntungkan tersebut harus dapat market must be accessible to by the Group.
diakses oleh Grup.
Page 722
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/32 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2023 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2023 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
3. IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI 3. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES INFORMATION (continued)
s. Penurunan nilai dari aset keuangan s. Impairment of financial assets
i. Aset yang dicatat berdasarkan biaya i. Assets carried at amortized cost
perolehan diamortisasi
Grup menilai dengan dasar perkiraan masa The Group assesses on a forward-looking
yang akan datang kerugian kredit basis the expected credit losses associated
ekspektasian terkait dengan instrumen with its debt instruments carried at
utangnya yang dicatat pada biaya amortized cost, fair value through profit or
perolehan diamortisasi, nilai wajar melalui loss (“FVTPL”) and fair value through other
laba rugi (“FVTPL”) dan nilai wajar melalui comprehensive income (“FVOCI”). The
penghasilan komprehensif lain (“FVOCI”). impairment methodology applied depends
Metodologi penurunan nilai yang diterapkan on whether there has been a significant
tergantung pada apakah telah terjadi increase in credit risk. Note 30.I.b details
peningkatan risiko kredit yang signifikan. how the group determines whether there
Catatan 30.I.b merinci bagaimana grup has been a significant increase in credit risk.
menentukan apakah telah terjadi
peningkatan risiko kredit yang signifikan.
Untuk piutang dagang, Grup menerapkan For trade receivables, the Group applies the
pendekatan yang disederhanakan yang simplified approach permitted by SFAS 71,
diizinkan oleh PSAK 71, yang which requires expected lifetime losses to
mensyaratkan kerugian seumur hidup yang be recognized from initial recognition of the
diharapkan harus diakui dari pengakuan receivables.
awal piutang.
Jika terdapat bukti objektif bahwa kerugian If there is objective evidence that an
penurunan niIai telah terjadi, maka jumlah impairment loss has occurred, the amount
kerugian tersebut diukur sebesar selisih of loss is measured as the difference
nilai tercatat aset dengan nilai kini estimasi between the asset’s carrying amount and
arus kas masa depan (tidak termasuk the present value of estimated future cash
kerugian kredit di masa depan yang belum flows (excluding future credit losses that
terjadi) yang didiskonto dengan have not been incurred) discounted at the
menggunakan suku bunga efektif awal dari financial asset’s original effective interest
aset tersebut. Nilai tercatat aset tersebut rate. The carrying amount of the asset is
dikurangi, baik secara langsung maupun reduced either directly or through the use of
menggunakan pos provisi. Jumlah kerugian a provision account. The amount of the loss
yang terjadi diakui pada laporan laba rugi. is recognized in the profit or loss.
Jika, pada periode berikutnya, jumlah If, in a subsequent period, the amount of the
kerugian penurunan nilai berkurang dan impairment loss decreases and the
pengurangan tersebut dapat dikaitkan decrease can be related objectively to an
secara objektif dengan peristiwa yang event occurring after the impairment was
terjadi setelah penurunan nilai diakui recognized (such as an improvement in the
(seperti meningkatnya peringkat kredit debtor’s credit rating), the previously
debitur), maka kerugian penurunan nilai recognized impairment loss will be reversed
yang sebelumnya diakui akan dipulihkan, either directly or by adjusting the provision
baik secara langsung, atau dengan account. The reversal amount is recognized
menyesuaikan pos provisinya. Jumlah in the profit or loss and the amount cannot
pemulihan tersebut diakui pada laporan exceed what the amortized cost would have
laba-rugi dan jumlahnya tidak boleh been had the impairment not been
mengakibatkan nilai tercatat aset keuangan recognized at the date the impairment was
melebihi biaya perolehan diamortisasi pada reversed.
tanggal pemulihan dilakukan seandainya
tidak ada penurunan nilai.
Page 723
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/33 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2023 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2023 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
3. IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI 3. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES INFORMATION (continued)
t. Informasi segmen t. Segment information
Segmen adalah komponen Grup yang dapat A segment is a distinguishable component of the
dibedakan dalam kegiatan operasional Grup Group that is engaged either in the Group’s
(segmen usaha), atau dalam pembagian lokasi operational activities (operating segment), or in
geografis dimana Grup melakukan kegiatan the classification of geographical locations
operasional (segmen geografis), yang where the Group conducts operational activities
merupakan subyek yang mempunyai risiko dan (geographic segment), which is subject to risks
manfaat yang berbeda dari segmen lainnya. and rewards that are different from those of other
segments.
Segmen pendapatan, beban, hasil, aset dan Segment revenue, expenses, results, assets,
liabilitas termasuk hal-hal yang dapat and liabilities include items directly attributable to
diatribusikan secara langsung terhadap sebuah a segment as well as those that can be allocated
segmen dan juga yang dapat dialokasikan pada on a reasonable basis to that segment.
dasar yang wajar pada segmen tersebut.
Untuk tujuan manajemen, Grup dibagi menjadi For management purposes, the Group is
segmen operasi berdasarkan pembagian lokasi organized into operating segments based on the
geografis dari kegiatan operasional Grup yang classification of geographical locations where
dikelola secara independen oleh masing-masing the Group conducts operational activities which
pengelola segmen yang bertanggung jawab atas are independently managed by the respective
kinerja dari masing-masing segmen. segment managers responsible for the
performance of the respective segments under
their charge.
Para pengelola segmen melaporkan secara The segment managers report directly to the
langsung kepada manajemen yang secara management who regularly review the segment
teratur mengkaji laba segmen sebagai dasar results in order to allocate resources to the
untuk mengalokasikan sumber daya ke masing- segments and to assess the segment
masing segmen dan untuk menilai kinerja performance. Additional disclosures on each of
segmen. Pengungkapan tambahan pada these segments are shown in Note 32, including
masing-masing segmen terdapat dalam Catatan the factors used to identify the reportable
32, termasuk faktor yang digunakan untuk segments and the measurement basis of
mengidentifikasi segmen yang dilaporkan dan segment information.
dasar pengukuran informasi segmen.
u. Dividen tunai u. Cash dividends
Perusahaan mengakui liabilitas untuk The Company recognizes a liability to pay a
membayar dividen ketika distribusi telah dividend when the distribution is authorised, and
disetujui, dan distribusi tidak lagi atas the distribution is no longer at the discretion of
kebijaksanaan Perusahaan. Sesuai dengan the Company. As per the corporate laws of
hukum perusahaan di Indonesia, distribusi Indonesia, a distribution is authorised when it is
diperbolehkan jika disetujui oleh pemegang approved by the shareholders. A corresponding
saham. Jumlah yang sesuai diakui secara amount is recognized directly in equity.
langsung dalam ekuitas.
v. Tambahan modal disetor v. Additional paid-in capital
Tambahan modal disetor diakui pada saat Grup Additional paid-in capital is recognized when the
menerima setoran berupa kas atau aset non-kas Group receives a transfer of cash or non-cash
dari pemegang saham. Selisih nilai transaksi assets from the shareholders. The difference in
restrukturisasi entitas sepengendali juga dicatat the value of restructuring transactions between
di akun ini. Tambahan modal disetor ini disajikan entities under common control is also recorded
sebagai kelompok ekuitas pada laporan posisi in this account. Additional paid-in capital is
keuangan. presented as equity in the statement of financial
position.
Page 724
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/34 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2023 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2023 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
3. IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI 3. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES INFORMATION (continued)
w. Bonus produksi w. Production bonus
Sesuai dengan Peraturan Pemerintah No. 28 In accordance with Government Regulation
Tahun 2016, Grup sebagai pengusaha panas No. 28 of 2016, the Group as a geothermal
bumi berkewajiban membayar bonus produksi producer is obliged to pay production bonus to
kepada pemerintah daerah di mana wilayah regional government where the geothermal
kerja panas bumi berada. Bonus produksi working area is located. The production bonus is
dikenakan sebesar 1% atas pendapatan kotor charged at 1% of gross revenue from the sale of
dari penjualan uap panas bumi dan 0,5% atas geothermal steam and 0.5% of gross revenue
pendapatan kotor dari penjualan listrik. from the sale of electricity. The production bonus
Perhitungan bonus produksi dari pemegang Izin calculation from the Geothermal Permit holders
Panas Bumi dilakukan secara tahunan, is made on an annual basis, while production
sedangkan perhitungan dari pemegang kuasa bonus calculation from the holders of geothermal
pengusahaan sumber daya panas bumi, resource exploitation authority, the JOC
pemegang KOB, dan pemegang izin contractors, and the holders of geothermal
pengusahaan sumber daya panas bumi resource exploitation license in quarterly basis.
dilakukan secara triwulanan.
Bonus produksi yang telah dibayarkan tersebut The paid production bonus is reimbursable from
diberikan penggantian dari setoran bagian the Government’s portion of the operating
Pemerintah (Catatan 3p). Penggantian tersebut income (Note 3p). The reimbursement will be
akan dilakukan oleh Pemerintah setelah made by the Government after the geothermal
pengusaha panas bumi membayar setoran producer paid such Government’s portion.
bagian Pemerintah.
x. Laba per saham x. Earnings per share
Laba per saham dihitung berdasarkan rata-rata Earnings per share is calculated based on the
tertimbang jumlah saham yang yang beredar weighted average number of issued and fully
selama periode yang bersangkutan. paid shares during the period.
Apabila jumlah saham biasa yang beredar If the number of ordinary shares outstanding is
meningkat tanpa disertai peningkatan sumber increased without an increase in resources, the
daya, maka jumlah saham biasa yang beredar number of ordinary shares outstanding before
sebelum peristiwa tersebut disesuaikan dengan the event is adjusted for the proportionate
perubahan proporsional atas jumlah saham change in the number of ordinary shares
beredar seolah-olah peristiwa tersebut terjadi outstanding before the event is adjusted for the
pada permulaan dari periode sajian paling awal. proportionate change in the number of ordinary
shares outstanding as if the event had occurred
at the beginning of the earlist period presented.
y. Kompensasi berbasis saham y. Shared-based payments
Grup memberikan Management and Employee The Group granted Management and Employee
Share Based Compensation Plan ("MESOP") Share Based Compensation Plan ("MESOP') at
dengan harga dan periode vesting yang telah predetermined price and vesting period to
ditetapkan kepada manajemen dan karyawan directors and key employees based on certain
berdasarkan kriteria tertentu. criteria.
Transaksi kompensasi berbasis saham yang Equity-settled share-based payment
diselesaikan dengan instrumen ekuitas transactions
Biaya transaksi yang diselesaikan dengan The cost of equity-settled transactions is
ekuitas ditentukan oleh nilai wajar pada tanggal determined by the fair value at the date when the
pemberian dibuat menggunakan model grant is made using an appropriate valuation
penilaian yang sesuai. model.
Page 725
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/35 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2023 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2023 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
3. IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI 3. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES INFORMATION (continued)
y. Kompensasi berbasis saham (lanjutan) y. Share-based payments (continued)
Transaksi kompensasi berbasis saham yang Equity-settled share-based payment
diselesaikan dengan instrumen ekuitas transactions (continued)
(lanjutan)
Biaya tersebut diakui sebagai beban imbalan That cost is recognized in employee benefits
kerja, bersama dengan peningkatan ekuitas expense, together with a corresponding increase
(tambahan modal saham), selama periode in equity (additional paid in capital), over the
dimana layanan dan, jika ada, kondisi kinerja period in which the service and, where
terpenuhi (periode vesting). Biaya kumulatif applicable, the performance conditions are
yang diakui untuk transaksi yang diselesaikan fulfilled (the vesting period). The cumulative
secara ekuitas pada setiap tanggal pelaporan expense recognized for equity-settled
sampai tanggal vesting mencerminkan sejauh transactions at each reporting date until the
mana periode vesting telah berakhir dan vesting date reflects the extent to which the
estimasi terbaik Kelompok Usaha tentang vesting period has expired and the Group's best
jumlah instrumen ekuitas yang pada akhirnya estimate of the number of equity instruments
akan terutang. Beban atau kredit dalam laba rugi that will ultimately vest. The expense or
untuk suatu periode merupakan pergerakan credit in the statement of profit or loss for a period
dalam biaya kumulatif yang diakui pada awal represents the movement in cumulative expense
dan akhir periode tersebut. recognized as at beginning and end of that
period.
Kondisi kinerja layanan dan bukan pasar tidak Service and non-market performance conditions
diperhitungkan ketika menentukan nilai wajar are not taken into account when determining the
saat pemberian penghargaan, tetapi grant date fair value of awards, but the likelihood
kemungkinan kondisi yang dipenuhi dinilai of the conditions being met is assessed as part
sebagai bagian dari estimasi terbaik Kelompok of the Group's best estimate of the number of
Usaha tentang jumlah instrumen ekuitas yang equity instruments that will ultimately vest.
pada akhirnya akan diberikan. Kondisi kinerja Market performance conditions are reflected
pasar tercermin dalam nilai wajar tanggal hibah. within the grant date fair value. Any other
Kondisi lain yang terkait dengan penghargaan, conditions attached to an award, but without an
tetapi tanpa persyaratan layanan terkait, associated service requirement, are considered
dianggap sebagai kondisi non-vesting. Kondisi to be non-vesting conditions. Non- vesting
non-vesting tercermin dalam nilai wajar dari conditions are reflected in the fair value of an
penghargaan dan mengarah pada pembebasan award and lead to an immediate expensing of an
langsung dari penghargaan kecuali ada juga award unless there are also service and/or
kondisi layanan dan/atau kinerja. performance conditions.
Tidak ada biaya yang diakui untuk penghargaan No expense is recognized for awards that do not
yang pada akhirnya tidak diberikan karena ultimately vest because non-market
kinerja bukan pasar dan/atau kondisi layanan performance and/or service conditions have not
belum dipenuhi. Jika penghargaan termasuk been met. Where awards include a market or
kondisi pasar atau non-vesting, transaksi non-vesting condition, the transactions are
diperlakukan sebagai vested terlepas dari treated as vested irrespective of whether the
apakah kondisi pasar atau non-vesting market or non-vesting condition is satisfied,
dipenuhi, asalkan semua kinerja dan/atau provided that all other performance and/or
kondisi layanan lainnya dipenuhi. service conditions are satisfied.
Page 726
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/36 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2023 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2023 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
3. IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI 3. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES INFORMATION (continued)
y. Kompensasi berbasis saham (lanjutan) y. Share-based payments (continued)
Transaksi kompensasi berbasis saham yang Equity-settled share-based payment
diselesaikan dengan instrumen ekuitas transactions (continued)
(lanjutan)
Ketika ketentuan penghargaan ekuitas- When the terms of an equity-settled award are
diselesaikan dimodifikasi, biaya minimum yang modified, the minimum expense recognized is
diakui adalah tanggal hibah nilai wajar dari the grant date fair value of the unmodified award,
penghargaan yang tidak dimodifikasi, asalkan provided the original terms of the award are met.
ketentuan asli dari penghargaan tersebut An additional expense, measured as at the date
terpenuhi. Biaya tambahan, yang diukur pada of modification, is recognized for any
tanggal modifikasi, diakui untuk setiap modifikasi modification that increases the total fair value of
yang meningkatkan nilai wajar total transaksi the share-based payment transaction, or is
kompensasi berbasis saham, atau sebaliknya otherwise beneficial to the employee. Where an
menguntungkan bagi karyawan. Jika suatu award is cancelled by the entity or by the
putusan dibatalkan oleh entitas atau oleh pihak counterparty, any remaining element of the fair
lawan, elemen yang tersisa dari nilai wajar dari value of the award is expensed immediately
penghargaan dibebankan langsung melalui laba through profit or loss. In the event that the
rugi. Dalam hal karyawan dan manajemen employees and management resign before the
melakukan pengunduran diri sebelum periode vesting period, then the option rights are void
vesting, maka hak opsi tersebut gugur dan and all equity that has been recorded by the
seluruh ekuitas yang telah dicatat oleh Grup Group is canceled.
dibatalkan.
Efek dilutif dari kompensasi berbasis saham The dilutive effect of share-based payments is
tercermin sebagai dilusi saham tambahan dalam reflected as additional share dilution in the
perhitungan rugi per saham dilusian. computation of diluted loss per share.
Grup mengakui liabilitas atas pembayaran The Group recognized its liabilities for share-
berbasis saham yang diselesaikan dengan kas based payment which is settled by cash at the
sebesar nilai wajar. Nilai wajar diukur pada fair value. The fair value is measured initially and
awalnya dan pada setiap tanggal pelaporan at each reporting date up to and including the
hingga dan termasuk tanggal penyelesaian, settlement date, with changes in fair value
dengan perubahan nilai wajar yang diakui dalam recognized in share based compensation cost.
beban kompensasi berbasis saham. Nilai wajar The fair value is expensed over the period until
dibebankan selama periode sampai tanggal the vesting date with recognition of a
vesting dengan pengakuan kewajiban yang corresponding liability.
sesuai.
z. Investasi pada ventura bersama z. Investment in joint venture
Ventura bersama merupakan pengaturan A joint venture is a joint arrangement in which the
bersama antara beberapa pihak yang parties that share joint control have rights to the
melakukan kesepakatan pengendalian bersama net assets of the arrangement. Joint ventures
yang memiliki hak atas aset neto pengaturan
are accounted for using the equity method, after
tersebut. Ventura bersama dicatat
menggunakan metode ekuitas, setelah pada initially being recognised at cost in the statement
awalnya diakui sebagai biaya pada laporan of financial position.
posisi keuangan.
Page 727
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/37 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2023 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2023 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
3. IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI 3. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES INFORMATION (continued)
z. Investasi pada ventura bersama (lanjutan) z. Investment in joint venture (continued)
Metode ekuitas Equity method
Sesuai metode ekuitas, investasi pada awalnya Under the equity method, the investment is
dicatat pada biaya perolehan dan selanjutnya initially recognised at cost and adjusted
disesuaikan untuk mengakui bagian investor thereafter to recognise the investor's share of the
atas laba rugi pasca akuisisi dari investee atas post-acquisition profits or losses of the investee
laba rugi, dan bagiannya dalam pergerakan in profit or loss, and its share of movements in
pendapatan komprehensif lainnya dari investee other comprehensive income of the investee in
atas pendapatan komprehensif lainnya. other comprehensive income.
Jika bagian Grup atas kerugian ventura bersama When the Group’s share of losses in a joint
sama dengan atau melebihi kepentingannya venture equals or exceeds its interest in the joint
pada ventura bersama, Grup menghentikan venture, the Group does not recognise further
pengakuan bagian kerugiannya, kecuali Grup losses, unless it has incurred legal or
memiliki kewajiban atau melakukan pembayaran constructive obligations or made payments on
atas nama ventura bersama. behalf of the joint venture.
Keuntungan yang belum terealisasi atas Unrealised gains on transactions between the
transaksi antara Grup dengan ventura bersama group and its joint ventures are eliminated to the
dieliminasi sebesar kepentingan Grup dalam extent of the Group’s interest in these joint
ventura bersama tersebut. Kerugian yang belum ventures. Unrealised losses are also eliminated
terealisasi juga dieliminasi kecuali transaksi unless the transaction provides evidence of an
tersebut memberikan bukti adanya penurunan impairment of the asset transferred. Accounting
nilai aset yang dialihkan. Kebijakan akuntansi policies of the joint ventures have been changed
ventura bersama telah diubah jika diperlukan where necessary to ensure consistency with the
untuk memastikan konsistensi dari kebijakan policies adopted by the Group
yang diterapkan oleh Grup.
Dividen yang diterima dan yang akan diterima Dividends received or receivable from joint
dari ventura bersama diakui sebagai pengurang ventures are recognised as reduction in the
jumlah tercatat investasi. carrying amount of the investment.
Pada setiap tanggal pelaporan, Grup The Group determines at each reporting date
menentukan apakah terdapat bukti objektif whether there is any objective evidence that the
bahwa telah terjadi penurunan nilai pada investment in the joint venture is impaired. If this
investasi pada ventura bersama. Jika demikian, is the case, the Group calculates the amount of
maka Grup menghitung besarnya penurunan impairment as the difference between the
nilai sebagai selisih antara jumlah yang recoverable amount of the joint venture and its
terpulihkan dan nilai tercatat atas investasi pada carrying value and recognises the amount in
ventura bersama dan mengakui selisih tersebut profit or loss.
pada laba rugi.
Pelepasan Disposal
Investasi pada ventura bersama dihentikan Investment in a joint venture is derecognised
pengakuannya apabila Grup tidak lagi memiliki when the Group loses significant influence and
pengaruh signifikan. Grup mengukur investasi any retained equity interest in the entity is
yang tersisa sebesar nilai wajar. Selisih antara remeasured at its fair value. The difference
jumlah tercatat investasi yang tersisa pada between the carrying amount of the retained
tanggal hilangnya pengaruh signifikan dan nilai interest at the date when significant influence is
wajarnya diakui dalam laba rugi. lost and its fair value is recognised in profit or
loss.
Page 728
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/38 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2023 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2023 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
3. IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI 3. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES INFORMATION (continued)
z. Investasi pada ventura bersama (lanjutan) z. Investment in joint venture (continued)
Keuntungan dan kerugian yang timbul dari Gains and losses arising from partial disposals
pelepasan sebagian atau dilusi yang timbul pada or dilutions of investment in a joint venture in
investasi pada ventura bersama dimana which significant influence is retained are
pengaruh signifikan masih dipertahankan diakui recognised in profit or loss, and only a
dalam laba rugi dan hanya suatu bagian proportionate share of the amount previously
proporsional atas jumlah yang telah diakui recognised in other comprehensive income is
sebelumnya pada pendapatan komprehensif reclassified to profit or loss where appropriate.
lainnya yang direklasifikasi ke laba rugi.
4. ESTIMASI DAN PERTIMBANGAN AKUNTANSI 4. CRITICAL ACCOUNTING ESTIMATES AND
YANG PENTING JUDGEMENTS
Penyusunan laporan keuangan konsolidasian sesuai The preparation of consolidated financial statements,
dengan Standar Akuntansi Keuangan di Indonesia in conformity with Indonesian Financial Accounting
mewajibkan manajemen untuk membuat estimasi Standards, requires management to make
dan asumsi yang mempengaruhi jumlah- jumlah judgments of estimations and assumptions that affect
yang dilaporkan dari pendapatan, beban, aset dan the amounts reported on income, expenses, assets
liabilitas, dan pengungkapan liabilitas kontinjensi and liabilities and disclosures of contingent liabilities
pada tanggal pelaporan. Ketidakpastian mengenai at the reporting date. The estimation uncertainty may
asumsi dan estimasi tersebut dapat mengakibatkan cause adjustment to the carrying amounts of assets
penyesuaian nilai tercatat aset dan liabilitas dalam and liabilities within the next reporting period.
periode pelaporan berikutnya.
Estimasi dan pertimbangan terus-menerus Estimates and judgements are continually evaluated
dievaluasi berdasarkan pengalaman historis dan and are based on historical experience and other
faktor-faktor lain, termasuk ekspektasi peristiwa factors, including expectations of future events that
masa depan yang diyakini wajar berdasarkan kondisi are believed to be reasonable under the
yang ada. Hasil aktual dapat berbeda dengan jumlah circumstances. However, the actual results may
yang diestimasi. Estimasi dan asumsi yang memiliki differ from these estimates. The estimates and
pengaruh signifikan terhadap jumlah tercatat aset assumptions that have a significant effect on the
dan liabilitas diungkapkan di bawah ini. carrying amounts of assets and liabilities are
disclosed below.
- Biaya eksplorasi dan evaluasi - Exploration and evaluation expenditures
Kebijakan akuntansi Grup untuk biaya The Group’s accounting policy for the
eksplorasi dan evaluasi mengakibatkan biaya exploration and evaluation of expenditure results
tertentu dikapitalisasi untuk sebuah wilayah in certain items of expenditure being capitalized
kerja yang dianggap dapat dipulihkan oleh for an area of interest where it is considered
eksploitasi di masa depan atau penjualan atau di likely to be recoverable through future
mana kegiatan tersebut belum mencapai tahap exploitation or sale or where the activities have
tertentu yang memungkinkan dilakukan not reached a stage which permits a reasonable
penilaian yang wajar atas keberadaan energi assessment of the existence of geothermal
panas bumi. Kebijakan ini mengharuskan energy. This policy requires management to
manajemen untuk membuat estimasi dan make certain estimates and assumptions as to
asumsi tertentu atas peristiwa dan keadaan di future events and circumstances, in particular
masa depan, khususnya apakah operasi whether an economically viable extraction
eksploitasi dapat dilaksanakan secara operation can be established.
ekonomis.
Page 729
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/39 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2023 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2023 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
4. ESTIMASI DAN PERTIMBANGAN AKUNTANSI 4. CRITICAL ACCOUNTING ESTIMATES AND
YANG PENTING (lanjutan) JUDGEMENTS (continued)
- Biaya eksplorasi dan evaluasi (lanjutan) - Exploration and evaluation expenditures
(continued)
Setiap perkiraan dan asumsi tersebut dapat Any such estimates and assumptions may
berubah seiring tersedianya informasi baru. Jika, change as new information becomes available.
setelah dilakukan kapitalisasi atas biaya If, after having capitalized the expenditure under
berdasarkan kebijakan ini, suatu pertimbangan the policy, a judgement is made that the recovery
dibuat bahwa pemulihan biaya dianggap tidak of the expenditure is unlikely, the relevant
dimungkinkan, biaya yang telah dikapitalisasi capitalized amounts will be written-off to the
tersebut akan dibebankan ke dalam laporan laba statement of profit or loss and other
rugi dan penghasilan komprehensif lain. comprehensive income.
- Penyusutan - Depreciation
Grup mencatat nilai sumur dan instalasi dengan The Group records the value of the wells and
nilai perolehan dikurangi akumulasi penyusutan installations at cost less accumulated
dan biaya-biaya yang berkaitan dengan depreciation and any impairment charges. The
penurunan nilai. Nilai perolehan sumur dan cost of the wells and installations includes the
instalasi termasuk biaya berwujud dan tidak tangible and intangible expenditures to prepare
berwujud untuk mempersiapkan aset tersebut the assets for initial steam and electricity
dapat memproduksi uap dan listrik. Sumur dan generation. Wells and installations are
instalasi disusutkan dengan metode garis lurus depreciated on a straight-line basis over the
selama estimasi umur ekonomis sumur dan assets’ estimated useful lives, after reducing for
instalasi, setelah memperhitungkan nilai sisa. the estimated residual values.
Pertimbangan penting dan estimasi meliputi hal- The critical judgements and estimates involved
hal sebagai berikut: are:
- Estimasi masa manfaat aset antara - Estimated useful lives of the assets range
5 sampai 40 tahun. Meskipun demikian from an estimated 5 to 40 years. However,
masa manfaat nyata sumur dan instalasi the actual life of the wells and installations
dapat berbeda yang disebabkan oleh may be different depending on many factors
beberapa faktor seperti karakteristik uap, such as steam characteristics, and the rate
dan tingkat keausan peralatan of wear and tear of the equipment may
mempengaruhi masa manfaat menjadi lebih result in a shorter or longer life.
panjang atau lebih pendek.
- Nilai sisa sulit diestimasi berdasarkan masa - Residual values are difficult to estimate
manfaat aset tetap, karena adanya given the long lives of wells and
ketidakpastian seperti kondisi ekonomi dan installations, the uncertainty as to future
harga baja bekas di masa yang akan economic conditions and the future price of
datang, yang dianggap sebagai scrap steel, which is considered as the main
pertimbangan utama dalam menentukan determinant of the residual price.
nilai sisa.
Saat ini Grup melakukan estimasi nilai sisa The Group currently estimates residual values
secara tahunan berdasarkan evaluasi terbaik annually based upon the best estimation of the
atas hasil penilaian masa manfaat dan nilai sisa useful life and residual value.
aset tetap.
Page 730
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/40 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2023 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2023 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
4. ESTIMASI DAN PERTIMBANGAN AKUNTANSI 4. CRITICAL ACCOUNTING ESTIMATES AND
YANG PENTING (lanjutan) JUDGEMENTS (continued)
- Penyusutan (lanjutan) - Depreciation (continued)
Jika estimasi masa manfaat ekonomis tidak If the estimated economic useful life is incorrect,
benar atau kondisi lingkungan berubah, estimasi or circumstances change such that the
masa manfaat ekonomis harus disesuaikan, rugi estimated economic useful life has to be revised,
penurunan nilai aset atau penambahan biaya an impairment loss or additional depreciation
penyusutan harus diperhitungkan untuk periode expense could result in future periods. A
yang akan datang. Penurunan masa manfaat decrease in the useful life of the assets or a fall
aset atau penurunan nilai residu akan in the residual value would have the effect of
mengakibatkan beban penyusutan tahunan increasing the annual depreciation charge and
meningkat dan berpotensi mengakibatkan rugi potentially resulting in an impairment loss. If the
penurunan nilai. Jika nilai sisa lebih dari yang di residual value is overestimated, it would reduce
estimasikan maka akan mengurangi biaya the annual depreciation and overstate the value
penyusutan dan lebih catat atas nilai aset. of the assets.
- Kompensasi berbasis saham - Share-based compensation
Perusahaan mengukur beban dari transaksi Group measures the cost of equity settled
yang diselesaikan dengan instrumen ekuitas transactions (MESOP) with management and
(MESOP) kepada manajemen dan karyawan employees by reference to the fair value of the
dengan mengacu pada nilai wajar dari instrumen equity instruments at the date at which they are
ekuitas pada tanggal instrument tersebut granted. Estimating fair value for share based
diberikan (grant). Dalam mengestimasi nilai payment transactions requires determining the
wajar dari transaksi pembayaran berbasis most appropriate valuation model, which is
saham memerlukan penentuan model penilaian dependent on the terms and conditions of the
yang paling tepat, yang tergantung pada grant. This estimate also requires determining
persyaratan dan kondisi yang diberikan. the most appropriate inputs to the valuation
Estimasi ini juga memerlukan penentuan input model including, among others, option exercise
yang paling tepat ke dalam model penilaian yang price, the current price of underlying stock, the
mencakup antara lain, harga eksekusi opsi, expected life of the share option, share volatility
harga terkini yang mendasari saham, ekspektasi and risk-free interest rate and making
umur dari opsi saham, tingkat volatilitas saham assumptions about them. The assumptions and
dan suku bunga bebas risiko serta penentuan models used for estimating fair value for share
asumsi atas input tersebut. Asumsi-asumsi dan based payment transactions are disclosed in
model penilaian yang dipakai untuk Notes 3y and 19b.
mengestimasi nilai wajar transaksi pembayaran
berbasis saham ini diungkapkan dalam Catatan
3y dan 19b.
- Penyusutan aset hak-guna - Depreciation of right-of-use assets.
Aset hak guna disusutkan sepanjang waktu yang Right-of-use assets are depreciated over the
lebih pendek antara lama masa manfaat aset shorter of the asset’s useful life and the lease
dan jangka waktu sewa menggunakan metode term on a straight-line basis. If the group is
garis lurus. Jika grup cukup yakin untuk reasonably certain to exercise a purchase
melaksanakan opsi pembelian, aset hak guna option, the right-of-use asset is depreciated
disusutkan selama masa manfaat aset yang over the underlying assets’ useful life.
mendasarinya.
Page 731
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/41 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2023 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2023 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
4. ESTIMASI DAN PERTIMBANGAN AKUNTANSI 4. CRITICAL ACCOUNTING ESTIMATES AND
YANG PENTING (lanjutan) JUDGEMENTS (continued)
- Penurunan nilai aset non-keuangan - Non-financial asset impairment
Sesuai dengan kebijakan akuntansi Grup, setiap In accordance with the Group’s accounting
aset atau unit penghasil kas dievaluasi pada policies, each asset or cash generating unit is
setiap periode pelaporan untuk menentukan ada evaluated every reporting period to determine
tidaknya indikasi penurunan nilai aset. Jika whether there are any indications of impairment.
terdapat indikasi tersebut, akan dilakukan If any such indication exists, a formal estimate of
perkiraan atas nilai aset yang dapat dipulihkan the recoverable amount is performed, and an
kembali dan kerugian akibat penurunan nilai impairment loss recognized to the extent that the
akan diakui sebesar selisih antara nilai tercatat carrying amount exceeds the recoverable
aset dengan nilai yang dapat dipulihkan kembali amount. The recoverable amount of an asset or
dari aset tersebut. Jumlah nilai yang dapat cash generating unit is measured at the higher
dipulihkan kembali dari sebuah aset atau of fair value less costs to sell and value in use.
kelompok aset penghasil kas diukur
berdasarkan nilai yang lebih tinggi antara nilai
wajar dikurangi biaya untuk menjual dan
perhitungan nilai pakai.
Aset yang memiliki masa manfaat yang tak Assets that have an indefinite useful life - for
terbatas, seperti goodwill atau aset tak berwujud example, goodwill or intangible assets not ready
yang belum siap untuk digunakan, tidak to use - are not subject to amortization and are
diamortisasi dan diuji setiap tahun untuk tested annually for impairment.
penurunan nilai.
Penentuan nilai wajar dan nilai pakai The determination of fair value and value in use
membutuhkan manajemen untuk membuat requires management to make estimates and
estimasi dan asumsi atas produksi uap atau assumptions about expected steam or electricity
listrik yang diharapkan, harga uap atau listrik, production, steam or electricity prices, operating
biaya operasi, serta belanja modal di masa costs, and future capital expenditures.
depan.
Manajemen menggunakan estimasi terbaik Management use best estimation based on
berdasarkan data yang tersedia pada tanggal available data at financial reporting date in
pelaporan keuangan dalam penentuan sumber resource and reserve bookings, and
daya dan cadangan serta skenario development scenario on geothermal projects
pengembangan untuk proyek panas bumi yang with impairment indication.
terdapat indikasi penurunan nilai.
- Pengukuran instrumen ekuitas - Equity instrument measurement
Grup mengukur investasi di instrumen ekuitas The Group measures investment in equity where
dimana Grup tidak memiliki pengaruh signifikan the Group does not have any significant
ataupun kontrol pada nilai wajarnya. Nilai wajar influence or control on its fair value. The fair
atas suatu aset ditentukan berdasarkan metode value of an asset is determined based on the
arus kas diskonto, yang dihitung berdasarkan discounted cash flow methods, calculated on the
asumsi dan estimasi manajemen. Perubahan basis of management’s assumptions and
asumsi penting, termasuk asumsi tingkat estimates. Changing the key assumptions,
diskonto atau tingkat pertumbuhan dalam including the discount rates or the growth rate
proyeksi arus kas dan asumsi harga, dapat assumptions in the cash flow projections and
memengaruhi perhitungan nilai yang dapat price assumptions, could materially affect the
diperoleh kembali secara material. calculations of recoverable amount.
Page 732
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/42 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2023 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2023 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
4. ESTIMASI DAN PERTIMBANGAN AKUNTANSI 4. CRITICAL ACCOUNTING ESTIMATES AND
YANG PENTING (lanjutan) JUDGEMENTS (continued)
- Penurunan nilai aset keuangan - Impairment of financial assets
Grup menggunakan matriks provisi untuk The Group uses a provision matrix to calculate
menghitung ECL atas piutang usaha. Tarif ECLs for trade receivables. The provision rates
provisi didasarkan pada hari yang lewat jatuh are based on days past due for groupings of
tempo untuk mengelompokan pelanggan ke various customer segments that have similar
segmen yang memiliki pola kerugian serupa. loss patterns. The provision matrix is initially
Matriks provisi awalnya berdasarkan tarif default based on the Group’s historical observed default
yang diamati Grup secara historis. rates.
Grup akan mengkalibrasi matriks tersebut untuk The Group will calibrate the matrix to adjust the
menyesuaikan pengalaman kerugian kredit historical credit loss experience with forward-
historis dengan informasi kedepan. Misalnya, looking information. For instance, if forecast
jika prakiraan kondisi ekonomi diperkirakan economic conditions are expected to deteriorate
memburuk selama tahun depan yang dapat over the next year which can lead to an
menyebabkan peningkatan jumlah default di increased number of defaults in the Group’s
sektor usaha Grup, tingkat default historis industry sector, the historical default rates are
disesuaikan. Pada setiap tanggal pelaporan, adjusted. At every reporting date, the historical
tarif default yang diamati secara historis observed default rates are updated and changes
diperbarui dan perubahan dalam estimasi ke in the forward-looking estimates are analysed.
depan dianalisa kembali.
Penilaian korelasi antara tingkat default yang The assessment of the correlation between
dapat diamati secara historis, taksiran kondisi historical observed default rates, forecast
ekonomi dan ECL adalah estimasi yang economic conditions and ECLs is a significant
signifikan. Jumlah ECL sensitif terhadap estimate. The amount of ECLs is sensitive to
perubahan keadaan dan taksiran kondisi changes in circumstances and of forecast
ekonomi. Pengalaman kerugian kredit historis economic conditions. The Group’s historical
Grup dan perkiraan kondisi ekonomi mungkin credit loss experience and forecast of economic
juga tidak mewakili aktual default pelanggan conditions may also not be representative of
yang sebenarnya di masa depan. customer’s actual default in the future.
- Imbalan kerja - Employee benefits
Penentuan liabilitas imbalan kerja Grup The determination of the Group’s employee
bergantung pada pemilihan asumsi yang benefits liability is dependent on its selection of
digunakan oleh aktuaris independen dalam certain assumptions used by the independent
menghitung jumlah-jumlah tersebut. Asumsi actuaries in calculating such amounts. Those
tersebut termasuk antara lain, tingkat diskonto, assumptions include among others, discount
tingkat kenaikan gaji, tingkat kematian, usia rates, salary increase rate, mortality rate,
pensiun dan tingkat pengunduran diri. Hasil retirement age and resignation rate. Actual
aktual yang berbeda dari asumsi yang results that differ from the Group’s assumptions
ditetapkan Grup diakui dalam penghasilan are recognized in other comprehensive income.
komprehensif lain. Sementara Grup While the Group believes that its assumptions
berkeyakinan bahwa asumsi tersebut adalah are reasonable and appropriate, significant
wajar dan sesuai, perbedaan signifikan pada differences in the Group actual results or
hasil aktual atau perubahan signifikan dalam significant changes in the Group’s assumptions
asumsi yang ditetapkan Grup dapat may materially affect its estimated liabilities for
mempengaruhi secara material liabilitas imbalan employee benefits and net employee benefits
kerja dan beban imbalan kerja neto yang diakui expense recognized in profit or loss and other
dalam laba rugi dan penghasilan komprehensif comprehensive income.
lain.
- Beban pajak kini - Current tax expense
Grup mengakui beban pajak kini berdasarkan The Group recognizes current tax expense
estimasi penghasilan kena pajak periode based on the estimated taxable income for the
berjalan yang dihitung berdasarkan tarif pajak period computed using the prevailing tax rates.
yang berlaku.
Page 733
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/43 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2023 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2023 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
4. ESTIMASI DAN PERTIMBANGAN AKUNTANSI 4. CRITICAL ACCOUNTING ESTIMATES AND
YANG PENTING (lanjutan) JUDGEMENTS (continued)
- Aset pajak tangguhan - Deferred tax assets
Aset pajak tangguhan diakui untuk semua Deferred tax assets are recognized for all
perbedaan temporer yang boleh dikurangkan deductible temporary differences and
dan akumulasi rugi fiskal, sepanjang besar accumulated fiscal losses to the extent that it is
kemungkinan perbedaan temporer yang boleh probable that taxable income will be available in
dikurangkan dan akumulasi rugi fiskal tersebut future years against which the deductible
dapat dimanfaatkan untuk mengurangi temporary differences and accumulated fiscal
penghasilan kena pajak pada masa depan. losses can be utilized. Significant management
Estimasi signifikan oleh manajemen disyaratkan estimates are required to determine the amount
dalam menentukan total aset pajak tangguhan of deferred tax assets that can be recognized,
yang dapat diakui, berdasarkan saat based upon the likely timing and the level of the
penggunaan dan tingkat penghasilan kena pajak future taxable income together with future tax
serta strategi perencanaan pajak masa depan. planning strategies.
Pertimbangan dalam Penentuan Kebijakan Judgments in Applying the Accounting Policies
Akuntansi
Pertimbangan berikut ini dibuat oleh manajemen The following judgments are made by management
dalam rangka penerapan kebijakan akuntansi Grup in the process of applying the Group’s accounting
yang memiliki pengaruh paling signifikan atas jumlah policies that have the most significant effects on the
yang diakui dalam laporan keuangan konsolidasian: amounts recognized in the consolidated financial
statements:
- Klasifikasi Aset dan Liabilitas Keuangan - Classification of Financial Assets and Financial
Liabilities
Grup menetapkan klasifikasi atas aset dan The Group determines the classifications of
liabilitas tertentu sebagai aset keuangan dan certain assets and liabilities as financial assets
liabilitas keuangan dengan mempertimbangkan and financial liabilities by judging if they meet the
apakah definisi yang ditetapkan PSAK 71 definition set forth in PSAK 71. Accordingly, the
dipenuhi. Dengan demikian, aset keuangan dan financial assets and financial liabilities are
liabilitas keuangan diakui sesuai dengan accounted for in accordance with the Group’s
kebijakan akuntansi Group seperti diungkapkan accounting policies disclosed in Note 3r.
pada Catatan 3r.
- Penentuan mata uang fungsional - Determination of functional currency
Mata uang fungsional dari masing-masing The functional currency of each Group entity is
entitas Grup adalah mata uang dari lingkungan the currency of the primary economic
ekonomi utama dimana entitas beroperasi. environment in which the entity operates. The
Penentuan mata uang fungsional mungkin determination of the functional currency may
membutuhkan pertimbangan karena beberapa require consideration due to some complexities,
kompleksitas, seperti Grup bertransaksi di lebih such as the Group transacting in more than one
dari satu mata uang dalam kegiatan bisnis currency in the course of its day-to-day
sehari-hari. Mata uang tersebut adalah mata business. The currency is the currency of the
uang pada lingkungan ekonomi utama di mana primary economic environment in which the
entitas beroperasi. entity operates.
5. KAS DAN SETARA KAS 5. CASH AND CASH EQUIVALENTS
31 Desember/ 31 Desember/
December 31, December 31,
2023 2022
Kas - 20 Cash on hand
Kas pada bank 277.717 262.282 Cash in banks
Deposito jangka pendek 400.000 - Short-term deposits
Jumlah 677.717 262.302 Total
Page 734
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/44 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2023 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2023 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
5. KAS DAN SETARA KAS (lanjutan) 5. CASH AND CASH EQUIVALENTS (continued)
Rincian kas dan setara kas berdasarkan mata uang The details of cash and cash equivalents based on
dan masing-masing bank adalah sebagai berikut: currency and by individual bank are as follows:
31 Desember/ 31 Desember/
December 31, December 31,
2023 2022
Kas: Cash on hand:
Dolar AS - 20 US dollar
Jumlah kas - 20 Total cash on hand
Kas pada bank: Cash in banks:
Rekening rupiah: Rupiah accounts:
PT Bank Negara Indonesia PT Bank Negara Indonesia
(Persero) Tbk (“Bank BNI”) 1.224 1.621 (Persero) Tbk (“Bank BNI”)
PT Bank Mandiri PT Bank Mandiri
(Persero) Tbk (“Bank Mandiri”) 763 1.105 (Persero) Tbk (“Bank Mandiri”)
PT Bank Rakyat Indonesia PT Bank Rakyat Indonesia
(Persero) Tbk (“Bank BRI”) 542 87 (Persero) Tbk (“Bank BRI”)
Subjumlah 2.529 2.813 Subtotal
31 Desember/ 31 Desember/
December 31, December 31,
2023 2022
Kas pada bank: Cash in banks:
Rekening dolar AS: US dollar accounts:
Bank BRI 141.062 132.705 Bank BRI
Bank Mandiri 113.047 124.462 Bank Mandiri
Bank BNI 20.294 1.544 Bank BNI
Subjumlah 274.403 258.711 Subtotal
Rekening euro: Euro accounts:
Bank BNI 785 758 Bank BNI
Subjumlah 785 758 Subtotal
Jumlah kas pada bank 277.717 262.282 Total cash in banks
Deposito jangka pendek: Short-term bank deposits:
Rekening dolar AS: US dollar accounts:
Bank BRI 400.000 - Bank BRI
Subjumlah 400.000 - Subtotal
Jumlah deposito Total short-term
jangka pendek 400.000 - bank deposits
Total cash and
Jumlah kas dan setara kas 677.717 262.302 cash equivalents
Tingkat bunga per tahun deposito berjangka per Annual interest rates on time deposits per annum are
tahun adalah sebagai berikut: as follows:
31 Desember/ 31 Desember/
December 31, December 31,
2023 2022
Dolar Amerika Serikat 4,25 - 7,15% - US dollar
Bank-bank di atas adalah bank milik negara. Dengan The above banks are state-owned banks. As such,
demikian, bank-bank tersebut merupakan entitas they are Government related entities.
berelasi dengan Pemerintah.
Page 735
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/45 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2023 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2023 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
6. PIUTANG USAHA DAN PIUTANG LAIN-LAIN 6. TRADE RECEIVABLES AND OTHER
RECEIVABLES
a. Piutang usaha a. Trade receivables
31 Desember/ 31 Desember/
December 31, December 31,
2023 2022
Dolar Amerika Serikat United States Dollar
Pihak yang berelasi Related parties
(Catatan 26f) 132.273 120.125 (Note 26f)
Pihak ketiga 4.018 3.098 Third parties
Jumlah 136.291 123.223 Total
Dolar Amerika Serikat United States Dollar
Belum jatuh tempo 4.018 3.098 Not due
Jatuh tempo kurang Less than three
dari tiga bulan 130.217 118.865 months overdue
Jatuh tempo lebih dari Less than three
dari tiga bulan kurang months more than
dari dua belas bulan 796 - twelve months overdue
Jatuh tempo lebih dari More than twelve
dua belas bulan 1.260 1.260 months overdue
Jumlah 136.291 123.223 Total
Manajemen berkeyakinan bahwa seluruh Management believes that trade receivables
piutang usaha dapat ditagihkan, sehingga tidak are fully collectible and hence no provision for
diperlukan adanya penyisihan penurunan nilai. impairment is required. As of December 31,
Pada tanggal 31 Desember 2023 dan 2022 tidak 2023 and 2022, there is no trade receivable
terdapat piutang usaha yang digunakan sebagai used as collateral.
jaminan.
b. Piutang lain-lain b. Other receivables
31 Desember/ 31 Desember/
December 31, December 31,
2023 2022
Pihak yang berelasi (Catatan 26g) 13.676 10.870 Related parties (Note 26g)
Pihak ketiga 101 31 Third parties
Jumlah 13.777 10.901 Total
Bagian lancar 5.521 2.368 Current portion
Bagian tidak lancar 8.256 8.533 Non-current portion
Piutang lain-lain pihak - berelasi bagian lancar Other receivables - related parties current
merupakan piutang penjualan carbon credit dari portion represents receivable of sales carbon
PPI, piutang dividen dari PHE, penggantian credit from PPI, dividend receivable from PHE,
biaya antar grup Pertamina, piutang transmisi cost reimbursement inter Pertamina group,
kepada PLN dan penggantian bonus produksi receivable arising from transfer of transmission
dari DJA. to PLN and production bonus reimbursement
from DJA.
Piutang lain-lain pihak - berelasi tidak lancar Other receivables - related party non-current
merupakan piutang atas penyerahan unit portion represent receivables arising from
transmisi kepada PLN sesuai Perjanjian Jual transfer of transmission units to PLN in
Beli Listrik untuk Lahendong Unit 5 dan 6 dan accordance with the Lahendong Unit 5 and 6
Karaha yang penyelesaiannya menggunakan and Karaha Energy Sales Contracts which
porsi tertentu dari harga penjualan selama settlement will be received as part of future
jangka waktu perjanjian. revenue during the duration of the sales
contract.
Page 736
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/46 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2023 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2023 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
6. PIUTANG USAHA DAN PIUTANG LAIN-LAIN 6. TRADE RECEIVABLES AND OTHER
(lanjutan) RECEIVABLES (continued)
b. Piutang lain-lain (lanjutan) b. Other receivables (continued)
Manajemen berkeyakinan bahwa seluruh Management believes that other receivables
piutang lain-lain dapat ditagihkan, sehingga tidak are fully collectible and hence no provision for
diperlukan penyisihan penurunan nilai. impairment is required.
7. PERSEDIAAN 7. INVENTORIES
31 Desember/ 31 Desember/
December 31, December 31,
2023 2022
Material pemboran 12.410 13.524 Drilling materials
Suku cadang 5.982 4.942 Spare parts
Pipa 4.623 1.580 Pipes
Pelumas dan bahan kimia 38 36 Lubricants and chemicals
Dikurangi: Less:
Penyisihan penurunan nilai (409) - Allowance for decline in value
Jumlah 22.644 20.082 Total
Mutasi penyisihan atas penurunan nilai selama Movements in the balance of allowance for decline in
periode pelaporan adalah sebagai berikut: value during the reporting period as follows:
31 Desember/ 31 Desember/
December 31, December 31,
2023 2022
Penambahan penyisihan Additional
atas penurunan nilai persediaan (409) - allowance for decline in value
Jumlah (409) - Total
Pada tanggal 31 Desember 2023 dan 2022, As of December 31, 2023 and 2022, inventories are
persediaan tidak diasuransikan atas risiko not insured against fire, theft, and other possible
kebakaran, pencurian, dan risiko lain yang mungkin risks, as management believes such risks are not a
terjadi, karena manajemen beranggapan bahwa significant business issue.
risiko tersebut tidak berdampak signifikan pada
bisnis.
Berdasarkan hasil pengkajian ulang keadaan fisik Based on a review of the status of physical
persediaan pada tanggal 31 Desember 2023 dan inventories as of December 31, 2023 and 2022, the
2022, manajemen berkeyakinan bahwa jumlah management believes that the allowance for decline
penyisihan penurunan nilai telah mencukupi untuk in value is adequate to cover the allowance for
menutup penurunan nilai persediaan usang, tidak obsolete, unuseable and slow-moving materials
terpakai dan lambat pergerakannya.
8. BIAYA DIBAYAR DI MUKA 8. PREPAYMENTS
Biaya dibayar di muka terdiri dari asuransi dibayar di Prepaid expenses consist of prepaid insurance and
muka, perjalanan dinas dibayar dimuka dimana pada prepaid travel expense on December 31, 2023 and
tanggal 31 Desember 2023 dan 2022 masing-masing 2022 amounted to US$519 and US$322,
sebesar US$519 dan US$322. respectively.
Page 737
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/47 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2023 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2023 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
9. ASET TETAP 9. FIXED ASSETS
31 Desember/December 31, 2023
Saldo awal/ Saldo akhir/
Beginning Penambahan/ Pengurangan/ Reklasifikasi/ Ending
balance Additions Deduction Reclassification balance
Harga perolehan: Acquisition costs:
Tanah dan hak atas tanah 16.605 - - 1.621 18.226 Land and land rights
Sumur panas bumi 1.006.018 - - 32.080 1.038.098 Geothermal wells
Instalasi 732.787 - - 23.254 756.041 Installations
Bangunan 172.631 - - 9.690 182.321 Buildings
Harta benda bergerak 26.932 - - 2.512 29.444 Moveable assets
Subjumlah 1.954.973 - - 69.157 2.024.130 Subtotal
Aset tetap dalam pembangunan: Assets under construction:
Aset eksplorasi 170.396 - - (1.667) 168.729 Exploration assets
Aset pengembangan 616.818 147.678 - (67.490) 697.006 Development assets
Subjumlah 787.214 147.678 - (69.157) 865.735 Subtotal
Jumlah harga perolehan 2.742.187 147.678 - - 2.889.865 Total acquisition costs
Akumulasi penyusutan: Accumulated depreciation:
Sumur panas bumi (332.477) (47.255) - - (379.732) Geothermal wells
Instalasi (317.032) (46.865) - - (363.897) Installations
Bangunan (56.971) (11.785) - - (68.756) Buildings
Harta benda bergerak (21.404) (2.480) - - (23.884) Moveable assets
Jumlah akumulasi Total accumulated
penyusutan (727.884) (108.385) - - (836.269) depreciation
Penyisihan penurunan nilai (112.587) - - - (112.587) Provision for impairment
Nilai buku bersih 1.901.716 1.941.009 Net book value
31 Desember/December 2022
Saldo awal/ Saldo akhir/
Beginning Penambahan/ Pengurangan/ Reklasifikasi/ Ending
balance Additions Deduction Reclassification balance
Harga perolehan: Acquisition costs:
Tanah dan hak atas tanah 14.373 70 - 2.162 16.605 Land and land rights
Sumur panas bumi 993.032 - - 12.986 1.006.018 Geothermal wells
Instalasi 711.938 - - 20.849 732.787 Installations
Bangunan 169.397 - - 3.234 172.631 Buildings
Harta benda bergerak 25.764 - - 1.168 26.932 Moveable assets
Subjumlah 1.914.504 70 - 40.399 1.954.973 Subtotal
Aset tetap dalam pembangunan: Assets under construction:
Aset eksplorasi 168.756 14.701 - (13.061) 170.396 Exploration assets
Aset pengembangan 609.637 34.519 - (27.338) 616.818 Development assets
Subjumlah 778.393 49.220 - (40.399) 787.214 Subtotal
Jumlah harga perolehan 2.692.897 49.290 - - 2.742.187 Total acquisition costs
Akumulasi penyusutan: Accumulated depreciation:
Sumur panas bumi (286.085) (46.392) - - (332.477) Geothermal wells
Instalasi (272.576) (44.456) - - (317.032) Installations
Bangunan (45.350) (11.621) - - (56.971) Buildings
Harta benda bergerak (18.992) (2.412) - - (21.404) Moveable assets
Jumlah akumulasi Total accumulated
penyusutan (623.003) (104.881) - - (727.884) depreciation
Penyisihan penurunan nilai (112.587) - - - (112.587) Provision for impairment
Nilai buku bersih 1.957.307 1.901.716 Net book value
Page 738
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/48 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2023 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2023 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
9. ASET TETAP (lanjutan) 9. FIXED ASSETS (continued)
Pada tanggal 31 Desember 2023 dan 2022, seluruh As of December 31, 2023 and 2022 fixed assets are
aset tetap dikategorikan sebagai aset panas bumi categorized as geothermal assets used to support
yang digunakan untuk menunjang kegiatan Group's operational activities.
operasional Grup.
Aset tetap dalam pembangunan pada tanggal Construction in progress as of December 31, 2023
31 Desember 2023 meliputi proyek eksplorasi panas consists of the Bukit Daun and Sungai Penuh
bumi di wilayah kerja Bukit Daun dan Sungai Penuh geothermal exploration projects and the following
serta proyek-proyek pengembangan panas bumi geothermal development projects:
sebagai berikut:
1. Lumut Balai Unit 2 1. Lumut Balai Unit 2
2. Lumut Balai Unit 3 dan 4 2. Lumut Balai Units 3 and 4
3. Hululais Unit 1 dan 2 3. Hululais Units 1 and 2
Status aset tetap dalam pembangunan pada tanggal Construction in progress status as of December 31,
31 Desember 2023 untuk proyek pengembangan 2023 for Lumut Balai Unit 2 and Hululais Unit 1 and
Lumut Balai Unit 2 dan Hululais Unit 1 dan 2 adalah 2 development projects are 91,26% and 87.68%,
masing-masing 91,26% dan 87,68% dengan respectively, with estimation of the commercial
estimasi tanggal operasi komersial proyek masing- operation dates are in year 2024 and 2026,
masing pada tahun 2024 dan 2026. Aset tetap dalam respectively. For construction in progress of Lumut
pembangunan proyek pengembangan Lumut Balai 3 Balai Units 3 and 4 projects are intended to use for
dan 4 diintensikan untuk digunakan dalam supporting Lumut Balai Unit 2 operation.
menunjang operasional Lumut Balai Unit 2.
Proyek Bukit Daun dan Sungai Penuh merupakan Bukit Daun and Sungai Penuh project are exploration
proyek dalam tahap eksplorasi. Estimasi projects. Estimated completion will be reevaluated in
penyelesaian akan dievaluasi kembali secara timely basis based on the actual condition.
berkala sesuai dengan kondisi aktualnya. Status aset Construction in progress status as of
tetap dalam pembangunan pada tanggal December 31, 2023 for Bukit Daun and Sungai
31 Desember 2023 untuk proyek eksplorasi Bukit Penuh exploration projects are in the process of
Daun dan Sungai Penuh adalah dalam proses kajian development study, with estimation of the
pengembangan dengan estimasi tanggal operasi commercial operation dates are in year 2026/2027
komersial proyek masing-masing pada tahun and 2025, respectively.
2026/2027 dan 2025.
Bunga yang dikapitalisasi sebagai bagian dari aset Interest capitalized as part of fixed assets amounted
tetap masing-masing sebesar US$12.264 dan to US$12,264 and US$6,461 in December 31, 2023
US$6.461, pada 31 Desember 2023 dan 2022. Biaya and 2022, respectively. Borrowing costs were
pinjaman dikapitalisasi pada tingkat bunga rata-rata capitalized at the weighted-average rate of its
tertimbang dari pinjaman masing-masing sebesar borrowings of 6.09% and 2.62% in December 31,
6,09% dan 2,62% pada 31 Desember 2023 dan 2023 and 2022, respectively.
2022.
Nilai wajar dari aset tanah di wilayah Kamojang, Fair value of land at Kamojang, Lahendong, Ulubelu,
Lahendong, Ulubelu, Sibayak, Karaha, dan Lumut Sibayak, Karaha, dan Lumut Balai with total area of
Balai, dengan total area masing-masing 115.016 m2, 115,016 sqm, 1,178,875 sqm, 1,065,842 sqm,
1.178.875 m2, 1.065.842 m2, 194.774 m2, 2.450 m2 194,774 sqm, 2,450 sqm and 1,864,010 sqm,
and 1.864.010 m2 dengan total nilai wajar sebesar respectively, with total fair value of US$32,687, was
US$32.687, didasarkan pada laporan valuasi KJPP based on valuation report of KJPP Amin Nirwan
Amin Nirwan Alfiantori & Rekan, penilai independen, Alfiantori & Rekan, an independent appraisal, dated
tertanggal 11 Februari 2022. Keseluruhan aset tanah February 11, 2022. All of land assets are used for the
digunakan untuk wilayah kerja. working area.
Page 739
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/49 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2023 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2023 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
9. ASET TETAP (lanjutan) 9. FIXED ASSETS (continued)
Grup memiliki beberapa bidang tanah dengan status The Group owned several lands with Building Right
Sertifikat Hak Guna Bangunan (“HGB”) atas nama Titles (“HGB”) status which are registered under the
Perusahaan dengan nilai buku masing-masing Company’s name with book value of US$5,342 and
sejumlah US$5.342 dan US$5.342 pada 31 US$5,342 as of December 31, 2023 and 2022,
Desember 2023 dan 2022. HGB tersebut berakhir respectively. The HGB has expiration date within
pada tahun 2022 - 2051. Manajemen Grup year 2022 - 2051. The Group’s management believes
berpendapat bahwa hak atas tanah dapat that the term of the land rights can be extended upon
diperpanjang pada saat jatuh tempo. expiration.
Pada tanggal laporan keuangan ini, manajemen At the date of these consolidated financial
sedang dalam proses mengalihkan US$2.973 hak statements, management is in the process of
atas tanah Pertamina menjadi atas nama Grup converting US$2,973 of Pertamina’s land rights into
sekaligus memperpanjang hak atas tanah menjadi the Group’s name, simultaneously extending the
30 tahun sesuai dengan Peraturan Pemerintah term of the land rights to 30 years in accordance with
Nomor 18 Tahun 2021. Government Regulation Number 18 of 2021.
Pada tanggal 31 Desember 2023 dan 2022 terdapat As of December 31, 2023 and 2022, there are fixed
aset tetap yang tidak dipakai sementara (Catatan assets temporarily not in use (Note 13).
13).
Grup memiliki aset tetap yang telah disusutkan The Group has fixed assets that has been fully
penuh dan masih digunakan masing-masing sebesar depreciated and is still being used, totaling
US$97.097 dan US$96.120 pada 31 Desember 2023 US$97,097 and US$96,120 as of December 31,
dan 2022. 2023 and 2022.
Kebijakan asuransi atas aset tetap terpusat di Insurance for fixed assets is arranged under
Pertamina. Pada tanggal 31 Desember 2023, aset Pertamina’s insurance policies. As of December 31,
tetap telah diasuransikan terhadap risiko kebakaran, 2023, fixed assets are insured against fire, theft, and
pencurian, dan risiko lain yang mungkin terjadi other risks with PT Tugu Pratama Indonesia with an
kepada PT Tugu Pratama Indonesia dengan nilai insurance coverage of US$841,428 and US$766,364
pertanggungan masing-masing sebesar US$841.428 as of December 31, 2023 and 2022, respectively.
dan US$766.364 pada 31 Desember 2023 dan 2022.
Berdasarkan pengujian penurunan nilai, tidak Based on impairment assessment, there is no
terdapat penurunan nilai pada tanggal 31 Desember impairment as of December 31, 2023 and 2022.
2023 dan 2022.
Pada tanggal 31 Desember 2023 dan 2022, tidak As of December 31, 2023 and 2022, there is no fixed
terdapat aset tetap yang digunakan sebagai jaminan. asset used as collateral.
Page 740
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/50 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2023 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2023 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
10. SEWA 10. LEASE
Mutasi aset hak guna adalah sebagai berikut: The movements in right of use assets are as follows:
31 Desember/December 31, 2023
Saldo awal/ Saldo akhir/
Beginning Penambahan/ Pengurangan/ Ending
Balance Additions Deductions balance
Biaya perolehan Cost
Kendaraan 753 1.305 (481) 1.577 Vehicles
Gedung 5.519 915 (1.834) 4.600 Building
Akumulasi penyusutan Accumulated depreciation
Kendaraan (732) (151) 481 (402) Vehicles
Gedung (1.753) (2.095) - (3.848) Building
Nilai buku neto 3.787 1.927 Net book value
31 Desember/December 31, 2022
Saldo awal/ Saldo akhir/
Beginning Penambahan/ Pengurangan/ Ending
Balance Additions Deductions balance
Biaya perolehan Cost
Kendaraan 1.216 - (463) 753 Vehicles
Gedung 5.519 - - 5.519 Building
Akumulasi penyusutan Accumulated depreciation
Kendaraan (821) 174 (85) (732) Vehicles
Gedung (203) (1.550) - (1.753) Building
Nilai buku neto 5.711 3.787 Net book value
Liabilitas sewa terdiri dari: Lease liabilities consist of:
31 Desember/ 31 Desember/
December 31, December 31,
2023 2022
Bagian jatuh tempo 910 1.864 Current maturities
Bagian setelah dikurangi jatuh tempo 1.113 160 Net-off current maturities
Jumlah 2.023 2.024 Total
Jumlah yang diakui dalam laporan laba rugi dan Amounts recognized in the consolidated statement of
penghasilan komprehensif lain konsolidasian: profit or loss and other comprehensive income:
31 Desember/ 31 Desember/
December 31, December 31,
2023 2022
Beban terkait liabilitas sewa
dengan nilai rendah atau Expense related to low-value
jangka pendek (Catatan 22) 3.409 3.035 or short-term leases (Note 22)
Beban penyusutan aset hak guna 2.246 2.147 Depreciation on right of use asset
Bunga atas liabilitas sewa Interest on lease liabilities
(Catatan 23) 139 202 (Note 23)
Jumlah 5.794 5.384 Total
Page 741
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/51 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2023 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2023 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
11. INVESTASI PADA VENTURA BERSAMA 11. INVESTMENT IN JOINT VENTURE
Pada tanggal 31 Desember 2023, Grup memiliki As of December 31, 2023, the Group has joint
ventura bersama sebagai berikut: ventures as follows:
31 Desember/December 31, 2023
Laba
Persentase Saldo Bagian atas komprehensif Saldo
kepemilikan/ awal/ laba (rugi)/ lain/Other akhir/
Metode Ekuitas/ Percentage Beginning Penambahan/ Share of comprehensive Ending
Equity Method of ownerships balance Addition profit (loss) income balance
Ventura bersama/
Joint ventures
PT Cahaya Anagata Energy 40% - 11.640 - - 11.640
Jumlah/Total - 11.640 - - 11.640
12. ASET KEUANGAN LAINNYA 12. OTHER FINANCIAL ASSETS
Rincian aset keuangan lain yang dimiliki oleh Grup Details of other financial assets owned by the Group
adalah sebagai berikut: are as follows:
31 Desember/ 31 Desember/
December 31, December 31,
2023 2022
Aset keuangan yang dinilai Financial asset at
pada nilai wajar melalui fair value through other
pendapatan komprehensif lain 29.004 23.841 comprehensive income
Jumlah 29.004 23.841 Total
Aset keuangan yang dinilai pada nilai wajar melalui Financial asset at fair value through other
pendapatan komprehensif lain comprehensive income
Aset keuangan yang dinilai pada nilai wajar melalui Financial assets at fair value through other
pendapatan komprehensif lain merupakan investasi comprehensive income are investments in
kepada entitas asosiasi. Berikut merupakan associates. Following is the change in fair value
perubahan saldo nilai wajar investasi pada tahun investment during the year:
berjalan:
31 Desember/ 31 Desember/
December 31, December 31,
2023 2022
Saldo Awal 23.841 25.966 Beginning Balance
Perubahan nilai wajar tahun Change in fair value for the
berjalan 5.163 (2.125) year
Jumlah 29.004 23.841 Total
13. ASET LAIN-LAIN, BERSIH 13. OTHER ASSETS, NET
a. Aset lancar lainnya a. Other current assets
31 Desember/ 31 Desember/
December 31, December 31,
2023 2022
Uang muka pihak ketiga 13.205 13.329 Advances to third parties
Uang muka pihak berelasi 1.430 1.418 Advances to related parties
Biaya yang ditangguhkan 168 7.590 Deferred expenses
Jumlah 14.803 22.337 Total
Page 742
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/52 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2023 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2023 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
13. ASET LAIN-LAIN, BERSIH (lanjutan) 13. OTHER ASSETS, NET (continued)
a. Aset lancar lainnya (lanjutan) a. Other current assets (continued)
Uang muka pihak berelasi merupakan uang Advances to related parties represent advances
muka kepada PT Wijaya Karya dan uang muka to PT Wijaya Karya and advances to third
pihak ketiga merupakan uang muka kepada parties represent advances to Mitsubishi
Mitsubishi Corporation dan SEPCOIII Electric Corporation and SEPCOIII Electric Power
Power Construction Co., Ltd. sebagai bagian Construction Co., Ltd. as part of the contract
konsorsium pelaksana kontrak EPCC Lumut implementing consortium for EPCC Lumut Balai
Balai Unit 2. Unit 2.
Biaya yang ditangguhkan merupakan biaya Deferred expenses represent expenses related
terkait transaksi penawaran perdana efek to Company’s initial equity offering transactions
ekuitas Perusahaan yang telah terjadi selama during the offering period.
periode penawaran.
b. Aset tidak lancar lainnya b. Other non-current assets
31 Desember/ 31 Desember/
December 31, December 31,
2023 2022
Persediaan usang dan Obsolete and unusable
tidak terpakai 299 299 inventories
Aset tetap tidak terpakai, bersih 42 42 Unused fixed assets, net
Subjumlah 341 341 Subtotal
Penyisihan persediaan Allowance for obsolete and
usang dan tidak terpakai (299) (299) unusable inventories
Jumlah 42 42 Total
14. UTANG USAHA 14. TRADE PAYABLES
31 Desember/ 31 Desember/
December 31, December 31,
2023 2022
Rupiah Rupiah
Pihak yang berelasi
(Catatan 26h) 4.356 1.775 Related parties (Note 26h)
Pihak ketiga 8.137 7.593 Third parties
Subjumlah 12.493 9.368 Subtotal
Dolar Amerika Serikat Unites States dollar
Pihak yang berelasi
(Catatan 26h) 187 7 Related parties (Note 26h)
Pihak ketiga 69.840 56.157 Third parties
Subjumlah 70.027 56.164 Subtotal
Yen Jepang Japanese yen
Pihak ketiga - 24 Third parties
Subjumlah - 24 Subtotal
Jumlah 82.520 65.556 Total
Page 743
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/53 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2023 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2023 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
14. UTANG USAHA (lanjutan) 14. TRADE PAYABLES (continued)
Mayoritas utang usaha kepada pihak ketiga dalam The majority of trade payables to third parties in
mata uang dolar AS terdiri atas utang kepada Star currency US dollar involve payables to Star Energy
Energy Geothermal Darajat II Ltd., Star Energy Salak Geothermal Darajat II Ltd., Star Energy Geothermal
Pratama Ltd., dan Star Energy Geothermal Salak Salak Pratama Ltd., and Star Energy Geothermal
Ltd., yang timbul dari transaksi pass-through antara Salak Ltd., as a result of pass-through transactions
Grup dan Kontraktor KOB tersebut (Catatan 3m). between the Group and those JOC contractors
Pada tanggal 31 Desember 2023 dan 2022, jumlah (Note 3m). As of December 31, 2023, and 2022, the
yang belum dibayarkan atas utang transaksi pass- outstanding amount of those pass-through
through tersebut adalah masing-masing sebesar transaction payables were US$67,382 and
US$67.382 dan US$56.147. US$56,147, respectively.
15. BIAYA YANG MASIH HARUS DIBAYAR 15. ACCRUED EXPENSES
31 Desember/ 31 Desember/
December 31, December 31,
2023 2022
Kontrak barang dan jasa Material and service contracts
- Pihak yang berelasi
(Catatan 26k) 7.259 2.560 Related parties (Note 26k) -
- Pihak ketiga 64.007 28.088 Third parties -
Lain-lain 12.067 6.789 Others
Jumlah 83.333 37.437 Total
16. PINJAMAN BANK 16. BANK LOANS
Pinjaman bank dari: Bank loans consist of:
31 Desember/ 31 Desember/
December 31, December 31,
2023 2022
Dolar Amerika Serikat United States dollar
Pihak berelasi Related party
PT Bank Mandiri (Persero) Tbk - 105.000 PT Bank Mandiri (Persero) Tbk
Pihak ketiga Third parties
MUFG Bank Ltd, cabang Jakarta - 105.000 MUFG Bank Ltd, Jakarta Branch
PT Bank UOB Indonesia - 105.000 PT Bank UOB Indonesia
PT Bank HSBC Indonesia - 82.500 PT Bank HSBC Indonesia
Australia and New Zealand Australia and New Zealand
Banking Group Limited Banking Group Limited
cabang Singapura - 75.000 Singapore Branch
PT Bank BTPN Tbk - 52.500 PT Bank BTPN Tbk
Sumitomo Mitsui Banking Sumitomo Mitsui Banking
Corporation, cabang Singapura - 52.500 Corporation Singapore Branch
The Hongkong and Shanghai The Hongkong and Shanghai
Banking Corporation Limited - 22.500 Banking Corporation Limited
Jumlah - 600.000 Total
Berdasarkan perjanjian fasilitas dan surat komitmen Based on a facility agreement and commitment
tanggal 23 Juni 2021, Perusahaan memperoleh letter dated June 23, 2021, the Company obtained
fasilitas kredit yang berupa fasilitas bridge loan credit facilities in the form of a bridge loan facility of
sebesar sampai dengan US$800.000, yang terdiri up to US$800,000, which consists of Facility A and
dari Fasilitas A dan Fasilitas B. Fasilitas A Facility B. Facility A is a term foreign loan facility
merupakan fasilitas pinjaman luar negeri berjangka denominated in United States Dollar with a total
dalam mata uang Dolar Amerika Serikat dengan amount of US$290,000. Meanwhile, Facility B is a
jumlah sebesar US$290.000. Sedangkan, Fasilitas B term domestic loan facility denominated in United
merupakan fasilitas pinjaman dalam negeri States Dollar with a total amount of US$510,000.
berjangka dalam mata uang Dolar Amerika Serikat
dengan jumlah sebesar US$510.000.
Page 744
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/54 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2023 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2023 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
16. PINJAMAN BANK (lanjutan) 16. BANK LOANS (continued)
Fasilitas Bridge Loan dibiayai oleh Mandated Lead The Bridge Loan Facility financed by the Mandated
Arranger (“MLA”) sebagai sebuah club deal dengan Lead Arrangers (“MLA”) as a club deal on a take and
dasar take and hold dimana setiap MLA berkomitmen hold basis where each MLA commits to provide a
untuk menyediakan suatu jumlah yang spesifik dari specified amount of the facility as disclosed in the
fasilitas tersebut sebagaimana diungkapkan pada table above. The MLA that have been selected are
tabel di atas. MLA yang telah ditunjuk adalah sebagai as follows:
berikut:
1. Australia and New Zealand Banking Group 1. Australia and New Zealand Banking Group
Limited Limited
2. MUFG Bank, Ltd., cabang Jakarta 2. MUFG Bank, Ltd., Jakarta Branch
3. PT Bank BTPN Tbk 3. PT Bank BTPN Tbk
4. Sumitomo Mitsui Banking Corporation, cabang 4. Sumitomo Mitsui Banking Corporation
Jakarta Singapore Branch
5. PT Bank HSBC Indonesia 5. PT Bank HSBC Indonesia
6. The Hongkong and Shanghai Banking 6. The Hongkong and Shanghai Banking
Corporation Limited Corporation Limited
7. PT Bank Mandiri (Persero) Tbk 7. PT Bank Mandiri (Persero) Tbk
8. PT Bank UOB Indonesia 8. PT Bank UOB Indonesia
9. United Overseas Bank Limited 9. United Overseas Bank Limited
Pada tanggal 23 Agustus 2021 telah dilakukan On August 23, 2021, transfer certificate of long-term
transfer certificate atas pinjaman bank jangka bank loan has been executed from United Overseas
panjang dari United Overseas Bank Limited kepada Bank Limited to PT Bank UOB Indonesia on a facility
PT Bank UOB Indonesia atas facility agreement agreement dated June 23, 2021.
tanggal 23 Juni 2021.
Jumlah fasilitas yang di transfer adalah US$90.000. The amount of facility transferred is US$90,000.
Susunan MLA efektif pada 23 Agustus 2021 adalah MLA composition effective as of August 23, 2021 is
sebagai berikut: as follows:
1. Australia and New Zealand Banking Group 1. Australia and New Zealand Banking Group
Limited Limited
2. MUFG Bank, Ltd., cabang Jakarta 2. MUFG Bank, Ltd., Jakarta Branch
3. PT Bank BTPN Tbk 3. PT Bank BTPN Tbk
4. Sumitomo Mitsui Banking Corporation cabang 4. Sumitomo Mitsui Banking Corporation
Singapura Singapore Branch
5. PT Bank HSBC Indonesia 5. PT Bank HSBC Indonesia
6. The Hongkong and Shanghai Banking 6. The Hongkong and Shanghai Banking
Corporation Limited Corporation Limited
7. PT Bank Mandiri (Persero) Tbk 7. PT Bank Mandiri (Persero) Tbk
8. PT Bank UOB Indonesia 8. PT Bank UOB Indonesia
Sedangkan, agen fasilitas yang ditunjuk adalah Meanwhile, the selected facility agent is
PT Bank Mandiri (Persero) Tbk. PT Bank Mandiri (Persero) Tbk.
Tujuan dari pinjaman ini adalah untuk mendanai The objective of this loan is to fund the Group’s
tujuan umum Grup termasuk pembayaran kembali general purposes including the repayment of certain
pinjaman tertentu dan jumlah lain yang harus dibayar outstanding loans and other amounts that are due by
oleh Perusahaan kepada pemegang saham atau the Company to its shareholders or affiliates under
afiliasinya berdasarkan perjanjian pinjaman certain shareholder loan agreements entered by the
pemegang saham tertentu yang dibuat oleh Company with its shareholders or affiliates and to
Perusahaan dengan pemegang saham atau fund the payment of fees, costs and expenses which
afiliasinya dan untuk mendanai pembayaran fees, are payable by the Company’s.
biaya atau pengeluaran lainnya yang harus dibayar
oleh Perusahaan.
Page 745
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/55 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2023 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2023 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
16. PINJAMAN BANK (lanjutan) 16. BANK LOANS (continued)
Beban bunga yang dikenakan atas perjanjian ini The interest expense charged on the agreements are
adalah LIBOR 3 bulan ditambah marjin, dibayarkan LIBOR 3 months plus margin, payable at the end of
pada akhir setiap periode bunga. Marjin untuk bulan each interest period. Margins for months
1-12: offshore 0,50% dan onshore 0,60%. Marjin 1-12: 0.50% offshore and 0.60% onshore. Marjin for
untuk bulan 13-18: offshore 0,55% dan onshore months 13-18: offshore 0,55% dan onshore 0,65%.
0,65%. Marjin untuk bulan 19-24: offshore 0,60% dan Marjin for months 19-24: offshore 0,60% dan onshore
onshore 0,70%. 0,70%.
Fasilitas bridge loan jatuh tempo dalam 12 bulan Bridge loan facility will mature in 12 months after the
setelah tanggal penandatanganan perjanjian dan signing date of the agreement and can be extended
dapat diperpanjang selama 6 bulan atau 1 tahun oleh by 6 months or 1 year by the Company. If the
Perusahaan. Jika Perusahaan memilih untuk Company elects to extend the facility, the extension
memperpanjang fasilitas, maka biaya perpanjangan fee shall be a flat fee of 0.15% on the amount of
akan menjadi biaya tetap sebesar 0,15% dari jumlah participation of each MLA. These facilities are
partisipasi setiap MLA. Fasilitas ini diberikan tanpa provided without guarantee. Management exercised
jaminan. Manajemen melakukan perpanjangan the extension where the maturity of this loan is
dimana jatuh tempo pinjaman ini diperpanjang extended up to June 2023.
sampai dengan
Juni 2023.
Pada tanggal 31 Desember 2022 pinjaman bank As of December 31, 2022, bank loans are classified
diklasifikasikan sebagai bagian dari liabilitas jangka as part of current liabilities.
pendek.
Pada tanggal 7 Maret 2023 dan 5 Mei 2023 terdapat On March 7, 2023 and May 5, 2023, there was a
pembayaran atas pinjaman bank jangka Panjang payment of a long-term bank loan of US$200,000
masing-masing sebesar US$200.000 dan and US$400,000 respectively.
US$400.000.
17. UTANG OBLIGASI 17. BONDS PAYABLE
Pada tanggal 27 April 2023, Perusahaan On April 27, 2023, Company issued green bonds with
menerbitkan surat utang berwawasan lingkungan a nominal value of US$400,000,000 (full amount) as
dengan nilai nominal sebesar US$400.000.000 (nilai follows:
penuh) sebagai berikut:
Nilai nominal penuh/ Tingkat bunga tetap per tahun/ Jatuh tempo/
Obligasi/Bonds Nominal full amount Interest rate per annum Due date
Senior Unsecured Fixed Rate Notes US$400.000.000 5,15% 27 April 2028
Pada tanggal 31 Desember 2023, Grup mencatat On December 31, 2023, the Group recorded the
nilai obligasi sebagai berikut: bond carrying amount as follows:
31 Desember/
December 31,
2023
Nilai nominal 400.000 Nominal value
Dikurangi: Less:
Diskonto dan beban transaksi Discounts and deferred
yang ditangguhkan dikurangi transaction costs - net of
akumulasi amortisasi (1.764) accumulated amortization
Nilai tercatat obligasi 398.236 Bonds carrying value
Page 746
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/56 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2023 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2023 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
17. UTANG OBLIGASI (lanjutan) 17. BONDS PAYABLE (continued)
Surat utang berwawasan lingkungan tersebut The green bonds were listed on the Singapore
tersebut terdaftar di Singapore Exchange Securities Exchange Securities Trading dan offered at 100% of
Trading dan ditawarkan dengan nilai 100% dari the principal amount of the bonds. Bonds interest is
jumlah pokok obligasi. Bunga obligasi dibayarkan paid semiannually, with the first interest payment
setiap semester, dengan pembayaran bunga being made on October 27, 2023, while the last
pertama dilakukan pada tanggal 27 Oktober 2023, interest payment as well as the maturity of the bonds
sedangkan pembayaran bunga terakhir sekaligus is on April 27, 2028 which is also the principal
jatuh tempo obligasi adalah pada tanggal 27 April repayment date of the bonds.
2028 yang juga merupakan tanggal pelunasan pokok
dari obligasi.
Hasil penerbitan surat utang tersebut digunakan The proceeds from the issuance of the bonds were
untuk melunasi sepenuhnya fasilitas Bridge Loan used to repay in full the Bridge Loan facility (Note 16).
(Catatan 16).
Berdasarkan laporan pemeringkatan per 27 April Based on rating report dated on April 27, 2023 issued
2023 yang dipublikasikan oleh Fitch dan Moody’s, by Fitch and Moody’s, rating of the Company’s green
peringkat surat utang berwawasan lingkungan bond is BBB(-) (stable) and Baa3 (stable). The
Perusahaan adalah BBB(-) (stable) dan Baa3 ratings reflect the rating agencies’ assessments that
(stable). Peringkat tersebut menunjukkan penilaian Group will effectively execute its growth strategy
agen pemeringkat bahwa Grup akan secara efektif while continuing to adhere to conservative financial
menjalankan strategi pertumbuhan sambil terus policies.
mematuhi kebijakan keuangan yang konservatif.
Seluruh surat utang berwawasan lingkungan ini tidak All green bonds are neither collateralized by any
dijamin dengan sepesifik aset tertentu yang dimiliki specific Company’s assets nor guaranteed by other
oleh Perusahaan maupun oleh pihak lain. parties.
Surat utang tersebut diterbitkan berdasarkan The Senior Notes were issued under an indenture
perjanjian antara Perusahaan dan The Bank of New between the Company and The Bank of New York
York Mellon, sebagai wali amanat. Mellon, as the trustee.
Pembatasan untuk surat utang berwawasan Restrictions for green bonds are as follows:
lingkungan sebagai berikut:
i. Pemberian jaminan terhadap efek bersifat utang i. Provision of collateral for debt securities issued
yang diterbitkan dikemudian hari, dan apabila at a later date, and if any, must be shared jointly
ada, wajib untuk dibagi secara bersama sama without precedence over the Debt Securities.
tanpa ada yang didahulukan dengan Surat
Utang.
ii. Konsolidasi, penggabungan (merger), akuisisi ii. Consolidation, merger, acquisition which causes
yang menyebabkannya Perseroan bubar demi the Company to be dissolved by law, or no
hukum, atau tidak lagi memiliki seluruh atau longer owns all or most of its material assets
sebagian besar dari aset materialnya yang which results in the party replacing the Company
mengakibatkan pihak yang menggantikan becoming the party who will carry out the
Perseroan menjadi pihak yang akan obligations under the Debentures.
menjalankan kewajiban berdasarkan Surat
Utang.
Page 747
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/57 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2023 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2023 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
18. PENYISIHAN IMBALAN KERJA KARYAWAN 18. PROVISION FOR EMPLOYEE BENEFITS
Alokasi Kewajiban dari Persero untuk Karyawan Liability Allocation from Persero for Secondee
Secondee Pertamina: Pertamina Employees:
Sesuai dengan kebijakan Pertamina, setiap anak Based on the policy of Pertamina, every subsidiary
perusahaan (termasuk Perusahaan) harus mengakui (including the Company) should recognize a number
sejumlah alokasi kewajiban terkait imbalan-imbalan of liability allocation in relation to the benefits
yang diberikan oleh Pertamina kepada karyawan provided by Pertamina to the Secondee Pertamina
Secondee Pertamina yang diperbantukan di anak employees who are seconded at the subsidiaries
perusahaan. companies.
Hal ini merupakan pengaturan pembagian kewajiban This a liability sharing arrangement between Persero
antara Pertamina dan anak perusahaan terkait and the subsidiaries companies in relation to
periode (atau masa kerja) perbantuan karyawan di seconded period (or services) of the employees at
anak perusahaan: the subsidiaries:
- Dana Pensiun Pertamina (“DPP”). - Dana Pensiun Pertamina (“the DPP”).
- Penghargaan Atas Pengabdian (“PAP”). - Penghargaan Atas Pengabdian (“the PAP”)
- Kesehatan Pasca Pensiun (“Pensioner - Post-Retirement Healthcare (“the Pensioner
Healthcare”). Healthcare
- Biaya Pemulangan (“Repatriasi”). - Biaya Pemulangan (“the Repatriasi”).
- Masa Persiapan Purna Karya (“MPPK”). - Masa Persiapan Purna Karya (“the MPPK”).
- Ulang Tahun Dinas (“UTD”). - Ulang Tahun Dinas (“the UTD”).
Imbalan kerja karyawan yang dimiliki oleh Grup terdiri Group’s employee benefits consist of short-term and
dari imbalan kerja jangka pendek dan imbalan kerja long-term employee benefits.
jangka panjang.
a. Imbalan kerja jangka pendek a. Short-term employee benefits
Imbalan kerja jangka pendek Grup terdiri dari Short-term employee benefits of the Group
gaji, iuran dana pensiun, jaminan sosial tenaga consist of salaries, contributions for pension
kerja dan imbalan kerja karyawan lainnya. funds, employee social security and other
Imbalan kerja berupa insentif karyawan disajikan employee benefits. Employee benefits in the
sebagai berikut: form of employee incentives are presented as
follows:
31 Desember/ 31 Desember/
December 31, December 31,
2023 2022
Insentif karyawan 17.671 28.505 Employee incentives
Jumlah 17.671 28.505 Total
b. Imbalan kerja jangka panjang b. Long-term employee benefits
Imbalan kerja jangka panjang Grup diberikan The Group's long-term employee benefits are
kepada karyawan direct hire dan secondee provided to direct hire employee and secondee
Pertamina. Karyawan direct hire merupakan Pertamina. Direct hire employee consists of all
seluruh karyawan permanen yang direkrut permanent employees who are directly hired by
secara langsung oleh Perusahaan. Karyawan the Company. Secondee Pertamina employee
secondee Pertamina terdiri dari karyawan consists of permanent employees who are
permanen yang ditempatkan/diperbantukan di placed/seconded at the Company by
Perusahaan oleh Pertamina. Pertamina.
Page 748
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/58 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2023 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2023 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
18. PENYISIHAN IMBALAN KERJA KARYAWAN 18. PROVISION FOR EMPLOYEE BENEFITS
(lanjutan) (continued)
b. Imbalan kerja jangka panjang (lanjutan) b. Long-term employee benefits (continued)
Liabilitas imbalan kerja jangka panjang yang Long-term employee benefits liability
diakui dalam laporan posisi keuangan recognized in the consolidated statement of
konsolidasian adalah sebagai berikut: financial position are as follows:
31 Desember/ 31 Desember/
December 31, December 31,
2023 2022
Penyisihan imbalan Provision for
kerja karyawan employee benefits
Imbalan pasca kerja Post employment benefits
- Karyawan direct hire 8.992 10.977 Direct hire employee -
- Karyawan secondee 4.078 3.407 Secondee employee -
Imbalan kerja jangka- Other long-term
panjang lainnya employee benefits
- Karyawan direct hire 355 260 Direct hire employee -
Saldo akhir 13.425 14.644 Ending balance
Imbalan pascakerja merupakan imbalan yang Post-employment benefits represent benefits
diberikan langsung oleh Grup kepada para provided directly by the Group to the employees,
karyawan, yang mencakup DPP, PAP, which includes of the DPP, the PAP, the
Pensioners Healthcare, Repatriasi, MPPK, dan Pensioners Healthcare, the Repatriation, the
UTD. MPPK and the UTD.
Perusahaan mencatat karyawan pada tanggal The Company recorded the liability for employee
31 Desember 2023 dan 2022 berdasarkan benefits as of December 31, 2023 and 2022,
perhitungan yang dilakukan oleh Steven & based on calculations performed by Steven &
Mouritz (dahulu bernama PT Dayamandiri Mouritz (previously named PT Dayamandiri
Dharmakonsilindo), aktuaris independen, Dharmakonsilindo), an independent actuary in
masing-masing dalam laporannya No. 0539/ST- its port No. 0539/ST-DA-PSAK24-PGE/I/2024
DA-PSAK24-PGE/I/2024, tanggal 26 February dated February 26, 2024, using projected unit
2024, dengan menggunakan metode projected credit method.
unit credit.
Asumsi-asumsi penting yang digunakan oleh The significant assumptions used by the actuary
aktuaris dalam laporannya adalah sebagai in its reports are as follows:
berikut:
Tingkat diskonto : 6,65% - 6,75% pada tahun 2023/in 2023 : Discount rate
Tingkat kenaikan gaji : 8,16% pada tahun 2023/in 2023 : Salary increase rate
Tingkat inflasi emas : 7,0% pada tahun 2023/in 2023 : Gold inflation rate
Harga emas (Rp/gr) : 1.065.500 pada tahun 2023/in 2023 : Gold price (Rp/gr)
Tingkat kematian : Tabel Mortalita Indonesia IV (2019) : Mortality rate
pada tahun 2023/in 2023
Usia pension : 56 tahun/56 years old : Retirement age
Tingkat pengunduran diri : 1% untuk karyawan yang berusia di bawah : Resignation rate
20 tahun dan akan menurun sampai 0%
pada usia 56 tahun/1% for employees
younger than 20 years-old which will
decrease to 0% at the age of 56 years old
Tingkat kecacatan : 0,75% x TMI IV pada tahun 2023/in 2023 : Disability rate
Tingkat pensiun : 100% di usia 56/100% at age of 56 : Retirement rate
Page 749
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/59 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2023 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2023 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
18. PENYISIHAN IMBALAN KERJA KARYAWAN 18. PROVISION FOR EMPLOYEE BENEFITS
(lanjutan) (continued)
b. Imbalan kerja jangka panjang (lanjutan) b. Long-term employee benefits (continued)
Tidak ada perbedaan asumsi yang There is no difference in the assumptions
digunakan antara imbalan kerja untuk used for employee benefits for direct hire
karyawan direct hire dan secondee and secondee Pertamina employees.
Pertamina.
1. Imbalan pasca kerja 1. Post employment benefits
Jumlah yang diakui dalam laporan posisi Amounts recognized in the consolidated
keuangan konsolidasian adalah sebagai statement of financial position are as
berikut: follows:
31 Desember/ 31 Desember/
December 31, December 31,
2023 2022
Nilai kini kewajiban 18.358 15.323 Present value of obligation
Nilai wajar aset program (5.288) (939) Fair value of plan assets
Jumlah 13.070 14.384 Total
Mutasi nilai kini kewajiban adalah sebagai The movements in present value of
berikut: obligation are as follows:
2023 2022
Saldo awal 15.323 16.748 Beginning balance
Diakui pada laba rugi 2.887 921 Recognized in profit or loss
Diakui pada laba Recognized in other
komprehensif lain 406 (874) comprehensive income
Pembayaran imbalan
kerja (82) (61) Benefit payments
Dampak perubahan kurs
mata uang asing (176) (1.411) Foreign exchange differential
Saldo akhir 18.358 15.323 Ending balance
Mutasi nilai wajar aset program adalah The movements in fair value of plan assets
sebagai berikut: are as follows:
2023 2022
Saldo awal 939 1.004 Beginning balance
Iuran perusahaan 4.210 - Company contribution
Pendapatan bunga 223 68 Interest income
Imbal hasil (94) (48) Return on plan assets
Dampak perubahan kurs
mata uang asing 10 (85) Foreign exchange differential
Saldo akhir 5.288 939 Ending balance
Page 750
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/60 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2023 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2023 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
18. PENYISIHAN IMBALAN KERJA KARYAWAN 18. PROVISION FOR EMPLOYEE BENEFITS
(lanjutan) (continued)
b. Imbalan kerja jangka panjang (lanjutan) b. Long-term employee benefits (continued)
1. Imbalan pascakerja (lanjutan) 1. Post employment benefits (continued)
Rincian aset program adalah sebagai The details of plan assets are as follows:
berikut:
31 Desember/ 31 Desember/
December 31 2023 December 31, 2022
Nilai wajar/ Nilai wajar/
Fair value % Fair value %
Kas dan setara kas 264 5 46 5 Cash and cash equivalent
Instrumen saham 1.586 30 282 30 Money market instruments
Instrumen utang 2.115 40 376 40 Debt instruments
Investment funds 1.323 25 235 25 Investment funds
Jumlah 5.288 100 939 100 Total
Jumlah yang diakui dalam beban pokok Amounts recognized in cost of revenues and
pendapatan dan beban umum dan general and administrative expenses are as
administrasi adalah sebagai berikut: follows:
2023 2022
Biaya jasa kini 1.189 1.088 Current service cost
Biaya bunga 873 740 Interest cost
Pendapatan bunga atas/
aset program (223) (68) Interest income on plan assets
Penyesuaian liabilitas atas
karyawan transfer - Liability released due to
keluar (32) 1.843 employee transferred out
Alokasi pegawai
perbantuan 1.080 (3.744) Secondee employee allocation
Jumlah 2.887 (141) Total
Jumlah yang diakui dalam penghasilan Amounts recognized in other
komprehensif lain adalah sebagai berikut: comprehensive income are as follows:
31 Desember/ 31 Desember/
December 31, December 31,
2023 2022
(Keuntungan)/kerugian
atas perubahan asumsi (Gain)/Loss from changes in
keuangan 637 (3) financial assumptions
(Keuntungan)/kerugian
atas penyesuaian (Gain)/Loss from experience
pengalaman (367) 124 adjustments
Imbal hasil atas aset
program 94 48 Return on plan assets
Jumlah 364 169 Total
Page 751
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/61 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2023 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2023 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
18. PENYISIHAN IMBALAN KERJA KARYAWAN 18. PROVISION FOR EMPLOYEE BENEFITS
(lanjutan) (continued)
b. Imbalan kerja jangka panjang (lanjutan) b. Long-term employee benefits (continued)
1. Imbalan pascakerja (lanjutan) 1. Post employment benefits (continued)
Mutasi liabilitas imbalan kerja adalah The movements in employee benefits liability
sebagai berikut: are as follows:
2023 2022
Saldo awal 14.384 15.744 Beginning balance
Pembayaran imbalan kerja (4.281) (61) Benefits paid
Biaya yang diakui pada Expense recognized
laba rugi 2.887 (141) in profit or loss
Pendapatan/(biaya) yang (Expense)/Income recognized
diakui pada pendapatan in other comprehensive
komprehensif lain 364 169 income
Dampak perubahan kurs
mata uang asing (284) (1.327) Foreign exchange differential
Saldo akhir 13.070 14.384 Ending balance
Analisa sensitivitas terhadap asumsi utama Sensitivity analysis to the key assumptions
yang digunakan dalam menentukan used in determining pension benefits
kewajiban imbalan pension adalah sebagai obligations are as follows:
berikut:
31 Desember/ 31 Desember/
December 31, 2023 December 31, 2022
Kenaikan/ Penurunan/ Kenaikan/ Penurunan/
Increase Decrease Increase Decrease
of 1% of 1% of 1% of 1%
Tingkat diskonto (12.606) 16.442 (10.458) 13.629 Discount rate
Kenaikan gaji 16.257 (12.686) 13.658 (10.410) Salary increase
Analisis jatuh tempo yang diharapkan dari Expected maturity analysis of undiscounted
manfaat pensiun tidak didiskontokan adalah pension benefits are as follows:
sebagai berikut:
31 Desember/ 31 Desember/
December 31, December 31,
2023 2022
Kurang dari 1 tahun 178 139 Less than 1 year
Antara 1 sampai 5 tahun 1.419 829 Between 2 and 5 years
Di atas 5 tahun 31.352 9.059 Beyond 5 years
Durasi rata-rata dari kewajiban imbalan kerja The average duration of the benefit
pada tanggal 31 Desember 2023 dan 2022 obligation at December 31, 2023 and
adalah 15 sampai 17 tahun. 2022 is 15 until 17 years.
Page 752
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/62 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2023 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2023 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
18. PENYISIHAN IMBALAN KERJA KARYAWAN 18. PROVISION FOR EMPLOYEE BENEFITS
(lanjutan) (continued)
b. Imbalan kerja jangka panjang (lanjutan) b. Long-term employee benefits (continued)
2. Imbalan kerja jangka panjang lainnya 2. Other long-term employee benefits
Imbalan kerja jangka panjang lainnya Other long-term employee benefits
merupakan penghargaan masa kerja yang represent the length of service awards
diberikan kepada para karyawan, yang terdiri provided to the employees, which consist of
atas Masa Persiapan Purna Karya (“MPPK”) Masa Persiapan Purna Karya (“MPPK”) and
dan Ulang Tahun Dinas (“UTD”). Ulang Tahun Dinas (“UTD”).
Jumlah yang diakui dalam laporan posisi Amounts recognized in the consolidated
keuangan konsolidasian adalah sebagai statement of financial position are as
berikut: follows:
31 Desember/ 31 Desember/
December 31, December 31,
2023 2022
Liabilitas Imbalan
kerja jangka Other long-term
Panjang lainnya 355 260 employee benefits
Mutasi nilai kini kewajiban adalah sebagai The movements in present value of
berikut: obligation are as follows:
2023 2022
Saldo awal 260 253 Beginning balance
Diakui pada laporan
laba rugi 7 29 Recognized in profit or loss
Dampak perubahan
kurs mata uang
asing 88 (22) Foreign exchange differential
Saldo akhir 355 260 Ending balance
Jumlah yang diakui dalam beban pokok Amounts recognized in cost of revenues and
pendapatan dan beban umum dan general and administrative expenses are as
administrasi adalah sebagai berikut: follows:
2023 2022
Biaya jasa kini 31 30 Current service cost
Biaya bunga 19 17 Interest cost
Penyesuaian liabilitas atas Liability released due to
karyawan transfer keluar - (18) employee transferred out
Jumlah 50 29 Total
Page 753
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/63 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2023 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2023 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
18. PENYISIHAN IMBALAN KERJA KARYAWAN 18. PROVISION FOR EMPLOYEE BENEFITS
(lanjutan) (continued)
b. Imbalan kerja jangka panjang (lanjutan) b. Long-term employee benefits (continued)
2. Imbalan kerja jangka panjang lainnya 2. Other long-term employee benefits
(lanjutan) (continued)
Analisa sensitivitas terhadap asumsi utama Sensitivity analysis to the key assumptions
uang digunakan dalam menentukan used in determining other long-term benefits
kewajiban imbalan kerja jangka Panjang obligations are as follows:
lainnya adalah sebagai berikut:
31 Desember/ 31 Desember/
December 31, 2023 December 31, 2022
Kenaikan/ Penurunan/ Kenaikan/ Penurunan/
Increase Decrease Increase Decrease
of 1% of 1% of 1% of 1%
Tingkat diskonto (329) 384 (239) 284 Discount rate
Kenaikan gaji 383 (328) 283 (239) Salary increase
Analisis jatuh tempo yang diharapkan dari Expected maturity analysis of undiscounted
manfaat pensiun tidak didiskontokan adalah pension benefits are as follows:
sebagai berikut:
31 Desember/ 31 Desember/
December 31, December 31,
2023 2022
Kurang dari 1 tahun - - Less than 1 year
Antara 1 sampai 5 tahun 264 10 Between 2 and 5 years
Di atas 5 tahun 1.207 569 Beyond 5 years
Durasi rata-rata dari kewajiban imbalan kerja The average duration of the other long-term
jangka panjang lainnya pada tanggal employee benefit obligation at December 31,
31 Desember 2023 dan 2022, masing- 2023 and 2022, is 15 years and 11 years,
masing adalah 15 tahun dan 11 tahun. respectively.
c. Kewajiban jangka panjang lainnya c. Other long-term liabilities
Kewajiban jangka panjang lainnya merupakan Other long-term liabilities represent health
program kesehatan pensiun yang belum pension plan whose the financing scheme still
ditentukan skema pembiayaannya oleh not determined by the Company until the
Perusahaan sampai dengan tanggal pelaporan. reporting date. As of December 31, 2023 and
Per tanggal 31 Desember 2023 dan 2022, 2022, the Company made a provision for the
Perusahaan melakukan provisi pencadangan present obligation value for the employee
nilai kewajiban program kesehatan pensiun retirement health program of US$5.458 and
pegawai sebesar US$5.458 dan US$5.404. US$5,404, respectively. The company
Perusahaan melakukan perhitungan nilai calculates the value of the present obligation for
kewajiban dengan mempertimbangkan tingkat defined benefits with the assumption that the
asumsi tingkat kenaikan gaji sebesar 6% per salary increase rate is 6% per year and the
tahun dan hasil investasi (tingkat diskonto) return on investment (discount rate) is 6% per
sebesar 6% per tahun, sesuai dengan asumsi year, in accordance with the assumptions that
manfaat sebesar kapitasi PT Pertamina the benefits are equal to the capitation of
(Persero). PT Pertamina (Persero).
Page 754
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/64 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2023 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2023 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
19. EKUITAS YANG DAPAT DIATRIBUSIKAN 19. EQUITY ATTRIBUTABLE TO OWNERS OF THE
KEPADA PEMILIK ENTITAS INDUK PARENT
a. Modal saham a. Share capital
Pada tanggal 16 Februari 2023, Perusahaan On February 16, 2023, the Company obtained
mendapatkan Surat Pemberitahuan Efektif Notification Letter from OJK of Effective
Pernyataan Pendaftaran No. S-43/D.04/2023 Statement of Registration No. S-43/D.04/2023
atas Penawaran Umum Perdana Saham dari regarding Initial Public Offering Share from
Otoritas Jasa Keuangan (“OJK”). Perusahaan Financial Services Authority (“OJK”). The
efektif mencatatkan penawaran umum perdana Company registered its initial public offering in
saham pada Bursa Efek Indonesia per tanggal Indonesia Stock Exchange effectively on
24 Februari 2023, dengan jumlah saham yang February 24, 2023, with the number of shares
dilepas ke publik sebanyak 10.350.000.000 released to the public of 10,350,000,000 shares.
lembar.
Pada tanggal 31 Desember 2023, susunan As at December 31, 2023, the Company’s
pemegang saham Perusahaan adalah sebagai shareholders are as follows:
berikut:
Persentase
kepemilikan/
Percentage of
Lembar/Shares Nilai/Value ownership
PT Pertamina Power Indonesia 28.568.460.000 1.014.248 69,01 PT Pertamina Power Indonesia
Masdar Indonesia Solar Holdings Masdar Indonesia Solar Holdings
RSC Limited 6.209.421.300 220.578 15,00 RSC Limited
PT Pertamina Pedeve Indonesia 2.477.682.000 88.607 5,99 PT Pertamina Pedeve Indonesia
Lain-lain - Publik (masing-masing
di bawah 5%) 4.140.578.700 147.087 10,00 Others - Public (each below 5%)
Jumlah 41.396.142.000 1.470.520 100,00 Total
Perubahan ini telah dituangkan dalam Akta These changes has been documented in
Notaris Ir. Nanette Cahyanie Handari Adi Notarial Deed Number 42 dated March 21, 2023
Warsito S.H. Nomor 42 tanggal 21 Maret 2023, of Ir. Nanette Cahyanie Handari Adi Warsito
yang telah mendapat pengesahan dari Menteri S.H., which has been approved by the Ministry
Hukum dan Hak Asasi manusia melalui Surat of Law and Human Rights in the decision letter
Keputusan No. AHU-AH.01.03-0053489 tanggal No. AHU-AH.01.03-0053489 dated April 12,
12 April 2023. 2023.
Pada tanggal 31 Desember 2022, susunan As at December 31, 2022, the Company’s
pemegang saham Perusahaan adalah sebagai shareholders are as follows:
berikut:
Persentase
kepemilikan/
Percentage of
Lembar/Shares Nilai/Value ownership
PT Pertamina Power Indonesia 28.568.460.000 1.014.248 92,02 PT Pertamina Power Indonesia
PT Pertamina Pedeve Indonesia 2.477.682.000 88.607 7,98 PT Pertamina Pedeve Indonesia
Jumlah 31.046.142.000 1.102.855 100,00 Total
Saham biasa memberikan hak kepada Ordinary shares entitle the holder to participate
pemegangnya untuk memperoleh dividen dan in dividends and the proceeds on winding up of
hasil dari pembubaran perusahaan sesuai the Company in proportion to the number of and
dengan proporsi jumlah dan jumlah yang amounts paid on the shares held.
dibayarkan atas saham yang dimiliki.
Page 755
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/65 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2023 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2023 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
19. EKUITAS YANG DAPAT DIATRIBUSIKAN 19. EQUITY ATTRIBUTABLE TO OWNERS OF THE
KEPADA PEMILIK ENTITAS INDUK (lanjutan) PARENT (continued)
b. Tambahan modal disetor b. Additional paid-in capital
Rincian tambahan modal disetor pada tanggal The details of additional paid-in capital as of
31 Desember 2023 dan 2022 adalah sebagai December 31, 2023 and 2022 are as follows:
berikut:
31 Desember/ 31 Desember/
December 31, December 31,
2023 2022
Selisih nilai nominal dengan Difference in nominal value
penerimaan setoran modal 255.043 - to proceeds of share capital
Selisih kurs atas modal disetor (27.487) - on paid-in capital
Biaya penerbitan saham dalam Stock issuance costs related
rangka penawaran umum perdana (18.640) - to initial public offering
Kompensasi berbasis saham 2.413 - Share-based compensation
Perbedaan antara nilai wajar Difference between fair value and
dan nilai buku aset tetap net book value of fixed assets
milik Pertamina yang dialihkan (27.804) (27.804) transferred from Pertamina
Jumlah 183.525 (27.804) Total
Selisih nilai nominal dengan penerimaan setoran The difference between the nominal value and
modal merupakan selisih antara penerimaan the receipt of paid-in capital is the receipt in the
dalam rangka Penawaran Umum Saham context of initial public offering of shares and the
Perdana dengan nilai nominal saham baru yang par value of the new registered shares.
tercatat.
Selisih kurs atas modal disetor merupakan Foreign exchange rate difference on paid-in
selisih antara kurs pada saat setoran modal capital represents the difference between the
diterima dari pemegang saham dengan kurs exchange rates prevailing at the time the actual
yang digunakan untuk menentukan nilai nominal capital contribution were received from the
saham. stockholders and the exchange rate used to
determine the par value.
Biaya emisi saham merupakan biaya transaksi Share issuance costs are transaction costs
yang timbul dari aktivitas Penawaran Umum arising from the Initial Public Offering, which
Saham Perdana, antara lain mencakup biaya includes registration fees and other regulatory
pendaftaran dan komisi lain yang ditetapkan, fees, service fees paid to legal counsel,
jasa yang dibayarkan kepada penasehat hukum, accountants, and others.
akuntan, dan lain-lain.
Perbedaan nilai wajar dan nilai buku aset milik The difference between fair value and net book
Pertamina yang dialihkan merupakan value of fixed assets transferred from Pertamina
pengalihan aset panas bumi milik Pertamina represents the geothermal assets of Pertamina
kepada Perusahaan (Catatan 2) yang diukur which were transferred to the Company (Note 2)
pada nilai wajar saat pengalihan. Pertamina and measured at fair value. Pertamina appointed
menunjuk penilai independen KJPP Antonius an independent appraiser KJPP Antonius Setiady
Setiady dan Rekan, untuk melakukan penilaian dan Rekan, to perform a fair value assessment
nilai wajar atas aset yang dialihkan sesuai for the assets were transferred, in accordance
dengan laporan No. KJPP-2010-011. with the report No. KJPP-2010-011.
Page 756
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/66 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2023 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2023 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
19. EKUITAS YANG DAPAT DIATRIBUSIKAN 19. EQUITY ATTRIBUTABLE TO OWNERS OF THE
KEPADA PEMILIK ENTITAS INDUK (lanjutan) PARENT (continued)
b. Tambahan modal disetor (lanjutan) b. Additional paid-in capital (continued)
Kompensasi Berbasis Saham – Penerbitan Share-based compensation - Issuance of
MESOP MESOP
Perusahaan telah mengumumkan kepada Bursa The Company has announced to Bursa Efek
Efek Indonesia untuk menerbitkan MESOP Indonesia to issue MESOP with total of
dengan total 630.398.000 (angka penuh) opsi 630,398,000 (full number) share options which
lembar saham yang akan dilakukan melalui will be exercised in several phases.
beberapa tahap.
Tujuan MESOP ini adalah untuk The objective of the MESOP is to retain
mempertahankan karyawan yang kontribusinya employees whose contributions are critical to
sangat penting untuk pertumbuhan jangka the Group’s long-term growth and profitability
panjang dan profitabilitas Grup dan untuk and provide rewards and incentives that can
memberikan penghargaan dan insentif yang spur the participants' performance. Those
dapat memacu kinerja peserta. Pihak yang entitled to this program are the employees of
memenuhi syarat untuk menerima MESOP Group who register and fulfil the conditions set
adalah karyawan Perusahaan yang by the Group.
mendaftarkan dan memenuhi syarat yang telah
ditentukan Perusahaan.
Periode pelaksanaan program MESOP tahap I The implementation period of the MESOP
telah diberikan pada tanggal 23 Juni 2023 program phase I has been granted on June 23,
dengan harga eksekusi sebesar Rp648 (nilai 2023 with an exercise price of Rp648 (full
penuh). Jumlah opsi yang diberikan adalah amount). The number of options granted is
sebesar 130.652.456 lembar saham dengan 130,652,456 shares with vesting schedule until
jadwal vesting hingga 23 Februari 2024. Periode February 23, 2024. The exercise period of the
pelaksanaan hak opsi tahap 1 ini dibagi menjadi first tranche of options is divided into 6 times
6 kali periode jendela pelaksanaan pada i) 24 windows exercise periods on i) February 24,
Februari 2024, ii) 24 Agustus 2024, iii) 24 2024, ii) August 24, 2024 iii) February 24, 2025,
Februari 2025, iv) 24 Agustus 2025, v) 24 iv) August 24, 2025, v) February 24, 2026, vi)
Februari 2026 dan vi) 24 Agustus 2026. August 24, 2026.
Masing-masing periode tersebut dilakukan Each such period is for 30 trading days with an
selama 30 hari bursa dengan tanggal kadaluarsa expiry date of January 26, 2027. The closing
26 Januari 2027. Harga saham penutupan pada share price at the time of grant on June 23, 2023
saat pemberian opsi tanggal 23 Juni 2023 was Rp880 (full amount).
adalah Rp880 (nilai penuh).
Kompensasi Berbasis Saham Diselesaikan Share-based Compensation with Equity-settled
melalui lnstrumen Ekuitas. Nilai wajar dari setiap Payment. The fair value of each option right with
hak opsi yang diselesaikan dengan instrumen equity- settled payment, for the shares to be
ekuitas, untuk saham yang diterbitkan pada issued on exercise date, was estimated on the
tanggal pelaksanaan, diestimasi pada setiap grant date using market price whereby the
tanggal pemberian hak opsi dengan Company in substance will pay on behalf of the
menggunakan harga pasar untuk saham yang Group’s employees and the black-scholes
Perusahaan akan bayarkan atas nama merton (“BSM”) option pricing model whereby
Karyawan Kelompok Usaha dan model ”black- the Group's employees will pay.
scholes merton” (”BSM”) untuk saham yang
Karyawan Kelompok Usaha akan bayarkan
sendiri.
Page 757
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/67 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2023 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2023 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
19. EKUITAS YANG DAPAT DIATRIBUSIKAN 19. EQUITY ATTRIBUTABLE TO OWNERS OF THE
KEPADA PEMILIK ENTITAS INDUK (lanjutan) PARENT (continued)
b. Tambahan modal disetor (lanjutan) b. Additional paid-in capital (continued)
Kompensasi Berbasis Saham – Penerbitan Share-based compensation – Issuance of
MESOP (lanjutan) MESOP (continued)
Model BSM menggunakan asumsi utama BSM model uses the following primary
sebagai berikut: assumptions:
Harga saham saat tanggal pemberian opsi Share’s price at grant date
(angka penuh) Rp. 880 (full amount)
Harga pelaksanaan opsi (angka penuh) Rp. 648 Exercise price of option (full amount)
Volatilitas harga saham yang diharapkan 58,0% Exercise volatility of stock price
Suku bunga bebas risiko 5,57% - 6,04% Risk free interest rate
Beban kompensasi yang sudah diakui oleh Compensation costs recognized for the year
Perusahaan untuk tahun yang berakhir pada ended December 31, 2023, amounting
tanggal 31 Desember 2023 adalah sebesar to Rp37,251,695,819 (full amount) or
Rp37.251.695.819 (nilai penuh) atau setara eq. US$2,413 as recorded as part of employee
dengan US$2.413 yang dicatat sebagai bagian rewards expense in the consolidated profit or
dari beban penghargaan pekerja dalam laporan loss and other comprehensive loss dan
laba rugi dan rugi komprehensif lain additional paid in capital.
konsolidasian dan tambahan modal disetor.
c. Saldo laba c. Retained earnings
Berdasarkan Undang-undang Perseroan Under Indonesian Limited Company Law,
Terbatas, perusahaan diharuskan untuk companies are required to set up a statutory
membuat penyisihan cadangan wajib hingga reserve amounting to at least 20% of the
sekurang-kurangnya 20% dari jumlah modal Company's issued and paid-up capital.
yang ditempatkan dan disetor penuh.
Sesuai dengan Akta Notaris No. 17 tanggal 5 In accordance with Notarial Deed No. 17 dated
April 2022, oleh Notaris Ir. Nanette Cahyanie April 5, 2022, of Ir. Nanette Cahyanie Handari
Handari Adi Warsito, S.H., para pemegang Adi Warsito, S.H., the shareholders approved
saham telah menyetujui penggunaan laba bersih the use of the Company’s net profit for the 2021
Perusahaan tahun buku 2021 untuk tambahan financial year to be allocated for the mandatory
alokasi cadangan wajib sebesar US$4.252 dan reserve of US$4,252 and other reserves of
cadangan lainnya sebesar U$50.790. US$50,790.
Berdasarkan RUPST tanggal 12 Mei 2023 Based on the AGMS on May 12, 2023,
Perusahaan menetapkan bahwa nilai cadangan Company determines that the reserve value
sebesar US$27,32 juta sebagai sisa laba bersih was US$27.32 million as the remaining of net
tahun buku 2022 setelah dibagikan sebagai profit for the 2022 financial year after being
dividen, dialokasikan dan dibukukan sebagai distributed as dividends, allocated and recorded
cadangan, termasuk untuk mendukung kegiatan as reserves, including to support Company's
operasional dan pengembangan Perusahaan. operational and development activities.
Saldo laba yang sudah ditentukan The balance of the appropriated retained
penggunaannya pada tanggal earnings as at December 31, 2023 and
31 Desember 2023 dan 2022 masing-masing 2022 amounting to US$132,269 and
sebesar US$132.269 dan US$104.950. US$104,950, respectively.
Page 758
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/68 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2023 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2023 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
20. KEPENTINGAN NONPENGENDALI 20. NON-CONTROLLING INTERESTS
Kepentingan nonpengendali merupakan bagian Non-controlling interests represent the non-
pemegang saham nonpengendali atas ekuitas controlling shareholders’ portion on equity of the
entitas anak sebagai berikut: following subsidiaries:
31 Desember/ 31 Desember/
December 31, December 31,
2023 2022
PT Pertamina Geothermal PT Pertamina Geothermal
Energy Kotamobagu 6 5 Energy Kotamobagu
PT Geothermal Energi Seulawah 218 195 PT Geothermal Energi Seulawah
Jumlah 224 200 Total
21. PENDAPATAN 21. REVENUES
2023 2022
Operasi Sendiri - pihak berelasi Own Operations - related parties
PT Indonesia Power (Catatan 26b) PT Indonesia Power (Note 26b)
Kamojang 67.236 64.331 Kamojang
Lahendong 3.488 - Lahendong
Ulubelu 2.542 - Ulubelu
PLN (Catatan 26b) PLN (Note 26b)
Ulubelu 111.784 107.971 Ulubelu
Kamojang 76.893 76.317 Kamojang
Lahendong 76.308 79.900 Lahendong
Lumut Balai 39.311 36.620 Lumut Balai
Karaha 8.931 6.795 Karaha
Subjumlah Penjualan Subtotal Own Operations
Operasi Sendiri 386.493 371.934 Sales
Production allowances - Production allowances -
pihak ketiga (Catatan 2b) 19.795 14.134 third parties (Note 2b)
Jumlah 406.288 386.068 Total
Penjualan uap dan listrik kepada pelanggan Sales of steam and electricity to customers are based
dilakukan berdasarkan PJBU dan PJBL. on SSCs and ESCs.
Page 759
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/69 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2023 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2023 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
22. BEBAN POKOK PENDAPATAN DAN BIAYA 22. COST OF REVENUE AND OTHER DIRECT COST
LANGSUNG LAINNYA
2023 2022
Beban penyusutan 110.631 107.028 Depreciation Expenses
Upah dan tunjangan 33.373 43.523 Salaries and allowances
Tenaga kerja dan Manpower and professional
jasa profesional 12.918 7.677 services
Jasa teknik 7.289 4.133 Technical/specialist service
Sewa 3.409 3.035 Rental
Material dan peralatan 3.212 2.761 Materials and equipment
Perjalanan dinas 2.502 1.406 Travel
Asuransi 1.049 1.006 Insurance
Lain-lain 4.594 2.639 Others
Jumlah 178.977 173.208 Total
23. BEBAN KEUANGAN 23. FINANCE EXPENSES
Rincian beban keuangan adalah sebagai berikut: The details of finance expenses are as follows:
2023 2022
Bunga pinjaman Interest on long-term
jangka panjang 17.882 5.369 loan
Bunga pinjaman Interest on short-term
jangka pendek 6.194 9.251 loan
Bunga atas sewa (Catatan 10) 139 202 Interest on lease (Note 10)
Jumlah 24.215 14.822 Total
24. PENDAPATAN/(BEBAN) LAIN-LAIN, BERSIH 24. OTHER INCOME/(EXPENSE), NET
2023 2022
Laba selisih kurs, bersih 16.950 6.160 Foreign exchange gain, net
Dividen 3.748 - Dividends
Penjualan carbon credit 762 747 Carbon credit sales
Pendapatan dari denda kontrak Income from penalties contracts
kontrak dan pembelian material 751 250 and materials purchases
Lain-lain, bersih (991) 165 Others, net
Jumlah 21.220 7.322 Total
Page 760
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/70 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2023 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2023 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
25. PERPAJAKAN 25. TAXATION
a. PPN yang dapat ditagihkan kembali a. Reimbursable VAT
Berdasarkan Keputusan Menteri Keuangan In accordance with the Decision Letter of the
No. 766/KMK.04/1992 tanggal 13 Juli 1992 dan Minister of Finance No. 766/KMK.04/1992 dated
amandemennya No. 209/KMK.04/1998 tanggal July 13, 1992 and its amendment
9 April 1998, permintaan pengembalian PPN No. 209/KMK.04/1998 dated April 9, 1998,
kepada Direktorat Jenderal Anggaran (“DJA”) requests for reimbursements of VAT may be
Kementerian Keuangan dapat diajukan apabila made to the Directorate General of Budgeting
masing-masing wilayah kerja panas bumi yang (“DGB”) of the Ministry of Finance once the
terkait telah menghasilkan keuntungan. Jumlah related geothermal working areas have
PPN yang dapat dikembalikan tersebut generated income. The maximum reimbursable
maksimal sebesar bagian Pemerintah yang VAT amount is limited to the Government’s
telah disetorkan untuk masing-masing wilayah share of income from the respective working
kerja (Catatan 3p). areas, being the income tax paid by the
Company (Note 3p).
Berdasarkan Peraturan Menteri Keuangan Based on the Regulation of Minister of Finance
Republik Indonesia No. 142/PMK.02/2013 No. 142/PMK.02/2013 dated October 18, 2013,
tanggal 18 Oktober 2013, seluruh PPN yang all reimbursable VAT paid under the name and
dapat ditagihkan kembali yang telah disetor atas tax number of the Company will be reimbursed
nama dan Nomor Pokok Wajib Pajak (NPWP) to the Company based on the amount approved
Perusahaan akan dibayarkan kepada by the DGB.
Perusahaan berdasarkan jumlah pengembalian
yang disetujui oleh DJA.
Mutasi saldo PPN yang dapat ditagihkan Movements of reimbursable VAT during
kembali selama 31 Desember 2023 dan 2022 December 31, 2023 and 2022 are as follows:
adalah sebagai berikut:
31 Desember/ 31 Desember/
December 31, December 31,
2023 2022
Saldo awal 106.586 111.943 Beginning balance
Penambahan selama Additions
tahun berjalan 11.921 5.848 during the year
Dibebankan ke laba/rugi Charged to profit/loss
tahun berjalan (868) - during the year
Pengembalian selama Reimbursements
tahun berjalan (406) (1.698) during the year
Efek perubahan Effect of exchange
nilai kurs (2.756) (9.508) rate changes
Saldo akhir 114.477 106.585 Ending balance
Bagian lancar 5.492 2.673 Current portion
Bagian tidak lancar 108.985 103.912 Non-current portion
Jumlah 114.477 106.585 Total
PPN yang dapat ditagihkan kembali 121.709 112.769 Reimbursable-VAT
Penyisihan keterpulihan PPN (7.232) (6.184) Provision for uncollectible VAT
Jumlah, bersih 114.477 106.585 Total, net
Page 761
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/71 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2023 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2023 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
25. PERPAJAKAN (lanjutan) 25. TAXATION (continued)
a. PPN yang dapat ditagihkan kembali (lanjutan) a. Reimbursable VAT (continued)
Saldo bagian lancar PPN yang dapat ditagihkan The current portion of reimbursable VAT
kembali merupakan jumlah PPN yang represents VAT expected to be reimbursed by
diharapkan pengembaliannya dari DJA dalam the DGB within one year from the statements of
kurun waktu satu tahun sejak tanggal laporan financial position dates based on management’s
posisi keuangan yang ditentukan berdskasarkan best estimate.
estimasi terbaik manajemen.
b. Tagihan pengembalian pajak b. Claim for tax refund
31 Desember/ 31 Desember/
December 31, December 31,
2023 2022
PPN 291 - VAT
Jumlah 291 - Total
Tagihan pengembalian pajak merupakan kurang Claim for tax refund represents under payment
bayar pajak pertambahan nilai sesuai Surat of value added tax based on Underpayment Tax
Ketetapan Pajak Kurang Bayar ("SKPKB") tahun Assessment Letter ("SKPKB") for the fiscal year
pajak 2018 yang diterima Perusahaan pada 2018 which received on May 24, 2023.
tanggal 24 Mei 2023. Atas hal ini, Perusahaan Regarding to this matter, the Company issued
menerbitkan surat keberatan kepada DJP. Pada objection letter to the DJP. As of December 31,
tanggal 31 Desember 2023, Perusahaan masih 2023, the Company is still waiting refund from
menunggu pengembalian dari DJP. Kemudian the DJP. Subsequently, on February 19, 2024,
pada tanggal 19 Februari 2024, Perusahaan the Company has received those tax refund from
telah menerima pengembalian pajak tersebut DJP.
dari DJP.
c. Utang Pajak c. Tax Payable
31 Desember/ 31 Desember/
December 31, December 31,
2023 2022
Pajak penghasilan Income taxes
- Pasal 4(2) 44 317 Article 4 (2) -
- Pasal 21 2.164 372 Article 21 -
- Pasal 23/26 205 314 Article 23/26 -
- Pasal 29 Article 29 -
2023: 13.545 - 2023:
2022: - 8.089 2022:
2021: 528 528 2021:
Kurang bayar beban Underpayment of income tax
pajak penghasilan 91 - expense
PPN 1.430 1.240 VAT
Jumlah 18.007 10.860 Total
Page 762
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/72 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2023 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2023 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
25. PERPAJAKAN (lanjutan) 25. TAXATION (continued)
d. Beban pajak penghasilan d. Income tax expense
2023 2022
Kini 77.353 65.121 Current
Tangguhan (53) 1.977 Deferred
Kekurangan pencadangan
pada tahun-tahun Under provision
sebelumnya 91 344 in prior years
Jumlah 77.391 67.442 Total
Perhitungan beban pajak penghasilan kini The calculation of current corporate income tax
adalah sebagai berikut: expense is as follows:
2023 2022
Laba konsolidasian sebelum Consolidated profit before
pajak penghasilan 240.961 194.761 income tax expense
Rugi sebelum pajak - Loss before income
Entitas Anak 140 81 tax - Subsidiaries
Laba sebelum beban Income before
pajak penghasilan 241.101 194.842 income tax expense
Beda temporer: Temporary differences:
Biaya provisi imbalan Provision for employee benefits
- karyawan Perusahaan (2.204) 6.264 direct hire employees –
Aset hak guna 1.859 (153) Right of use assets
Utang pihak yang berelasi Related party payables
beban imbalan seconded employees
karyawan perbantuan 628 (1.347) benefits costs
Penyusutan (128) (10.583) Depreciation expense
Subjumlah beda Subtotal temporary
temporer 155 (5.819) differences
Beda tetap: Permanent differences:
Donasi 981 444 Donations
Beban promosi dan Promotion and
representasi 561 403 representation expenses
Kompensasi karyawan 3.123 79 Employee compensation
Lain-lain 2.716 2.770 Others
Pendapatan bunga yang
sudah terkena pajak Interest income
penghasilan final (21.128) (1.190) subject to final tax
Subjumlah beda tetap (13.747) 2.506 Subtotal permanent differences
Pendapatan kena pajak 227.509 191.529 Taxable income
Tarif pajak 34% 34% Tax rate
Beban pajak penghasilan Current income tax expense
kini – Perusahaan 77.353 65.121 the Company –
Beban pajak penghasilan Current income tax expense
kini – Entitas Anak - - Subsidiaries –
Beban pajak penghasilan Consolidated current income
kini konsolidasian 77.353 65.121 tax expense
Page 763
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/73 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2023 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2023 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
25. PERPAJAKAN (lanjutan) 25. TAXATION (continued)
d. Beban pajak penghasilan (lanjutan) d. Income tax expense (continued)
Rekonsiliasi antara laba sebelum beban pajak The reconciliation between income before
penghasilan dari kegiatan usaha panas bumi income tax expense from geothermal activities
dengan pendapatan kena pajak yang terkena and taxable income subject to tax under the
aturan pajak khusus panas bumi adalah sebagai geothermal tax regime is as follows:
berikut:
2023 2022
Laba konsolidasian sebelum Consolidated profit before
pajak penghasilan 240.961 194.761 income tax expense
Tarif pajak 34% 34% Tax rate
Pajak penghasilan dengan Income tax
tarif pajak efektif 81.927 66.219 at the effective tax rate
Kompensasi karyawan 1.062 151 Employee compensation
Donasi 334 137 Donations
Beban promosi dan Promotion and
representasi 191 27 representation expense
Lain-lain 922 942 Others
Pendapatan bunga yang
sudah terkena pajak Interest income
penghasilan final (7.183) (405) subject to final tax
Kekurangan pencadangan
pada tahun-tahun Under provision
sebelumnya 91 344 in prior years
Pengaruh pajak atas Tax effects on loss in
rugi enttias anak 47 27 subsidiaries
Beban pajak penghasilan Consolidated income
konsolidasian 77.391 67.442 tax expense
Perhitungan utang pajak kini terutang pada The analysis of the current income tax payable
tanggal 31 Desember 2023 dan 2022, adalah as at December 31, 2023 and 2022 is as follows:
sebagai berikut:
2023 2022
Beban pajak penghasilan kini dari Current income tax expense
kegiatan usaha panas bumi 77.353 65.121 involving geothermal activities
Dikurangi: Less:
Pajak penghasilan badan Payment of corporate
yang sudah dibayar (60.977) (53.989) income tax
Lebih setor tahun sebelumnya (901) Previous year Overpayment
Pajak penghasilan dibayar Payment of income tax
dimuka pasal 22 dan 23 (2.831) (2.142) article 22 and 23
Utang pajak penghasilan badan 13.545 8.089 Corporate income tax payable
Page 764
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/74 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2023 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2023 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
25. PERPAJAKAN (lanjutan) 25. TAXATION (continued)
d. Beban pajak penghasilan (lanjutan) d. Income tax expense (continued)
Jumlah penghasilan kena pajak dan beban The amounts of the Company’s taxable income
pajak penghasilan kini Perusahaan untuk tahun and current income tax expense for year 2022
2022 seperti yang disebutkan di atas dan utang as a forestated, and the related income tax
PPh terkait telah dilaporkan oleh Perusahaan payables have been reported in the Company’s
dalam Surat Pemberitahuan (“SPT”) pajak Annual Tax Return for fiscal year 2022 to the Tax
penghasilan badan tahun 2022 ke Kantor Pajak. Office.
e. Pajak tangguhan e. Deferred tax
31 Desember/December 31, 2023
Dikreditkan/ Diakui di
(dibebankan) penghasilan
ke laporan komprehensif
laba-rugi/ lain/Charged
Saldo awal/ Credited/ to other Saldo akhir/
Beginning (charged) to comprehensive Ending
balance profit or loss income balance
Provisi imbalan pekerja Provision for secondee
perbantuan 1.158 214 14 1.386 employee benefits obligations
Provisi imbalan karyawan Provision for direct hire
perusahaan 5.659 (749) 125 5.035 employee benefits obligations
Perubahan nilai wajar Changes in fair value
aset keuangan (8.105) - (1.755) (9.860) on financial assets
Aset hak guna (599) 632 - 33 Right of use assets
Provisi atas PPN yang Provision for
dapat ditagihkan kembali 2.102 - - 2.102 reimbursable VAT
Aset tetap (14.118) (44) - (14.162) Fixed assets
Jumlah (13.903) 53 (1.616) (15.466) Total
31 Desember/December 31, 2022
Dikreditkan/ Diakui di
(dibebankan) penghasilan
ke laporan komprehensif
laba-rugi/ lain/Charged
Saldo awal/ Credited/ to other Saldo akhir/
Beginning (charged) to comprehensive Ending
balance profit or loss income balance
Provisi imbalan pekerja Provision for secondee
perbantuan 1.971 (458) (355) 1.158 employee benefits obligations
Provisi imbalan karyawan Provision for direct hire
perusahaan 3.469 2.130 60 5.659 employee benefits obligations
Perubahan nilai wajar Changes in fair value
as et keuangan (8.827) - 722 (8.105) on financial assets
Aset hak guna (548) (51) - (599) Right of use assets
Provisi atas PPN yang Provision for
dapat ditagihkan kembali 2.102 - - 2.102 reimbursable VAT
Aset tetap (10.520) (3.598) - (14.118) Fixed assets
Jumlah (12.353) (1.977) 427 (13.903) Total
f. Audit pemerintah f. Government audit
Pada tahun 2023, Badan Pengawasan In 2023, the Finance and Development
Keuangan dan Pembangunan (“BPKP”) Supervisory Agency (“BPKP”) issued its 2019
mengeluarkan laporan hasil audit tahun 2019 and 2020 audit report which stated
dan 2020 yang menyatakan kekurangan setoran underpayment of the Government’s portion with
bagian Pemerintah dengan total nilai sebesar total amount of Rp1,416,607,984 (full amount) or
Rp1.416.607.984 (nilai penuh) atau ekuivalen equivalent to US$90,628 (full amount).
US$90.628 (nilai penuh).
Page 765
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/75 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2023 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2023 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
25. PERPAJAKAN (lanjutan) 25. TAXATION (continued)
f. Audit pemerintah (lanjutan) f. Government audit (continued)
Berdasarkan hal ini, Perusahaan menyetujui According to this, the Group agree to the BPKP’s
laporan hasil audit BPKP dan telah melakukan audit report and has paid off the underpayment
pembayaran kekurangan setoran bagian of Government’s portion on January 4, 2024. As
Pemerintah pada tanggal 4 Januari 2024. Pada of December 31, 2023, the under recorded of
tanggal 31 Desember 2023, kurang catat beban Government’s portion has been recorded as part
setoran bagian Pemerintah telah dicatat sebagai of income tax expenses.
bagian dari beban pajak penghasilan.
g. Administrasi g. Administration
Undang-undang Perpajakan yang berlaku di The taxation laws of Indonesia require that each
Indonesia mengatur bahwa masing-masing company in the Group submits individual tax
entitas dalam Grup menghitung, menetapkan, returns on the basis of self-assessment. Under
dan membayar sendiri besarnya jumlah pajak the prevailing regulations, the Director General
yang terutang secara individu. Berdasarkan of Tax may assess or amend taxes, currently
peraturan perundang-undangan yang berlaku, within five years of the time the tax becomes
Direktur Jenderal Pajak dapat menetapkan atau due.
mengubah jumlah pajak terutang, dalam batas
waktu lima tahun sejak saat terutangnya pajak.
26. SALDO DAN TRANSAKSI DENGAN PIHAK YANG 26. RELATED PARTY BALANCES AND
BERELASI TRANSACTIONS
a. Sifat dari transaksi dengan pihak yang a. Nature of related party transactions
berelasi
Transaksi pihak yang berelasi antara Grup Related party transactions between the Group
dengan Pertamina dan anak perusahaannya and Pertamina and its subsidiaries consist of
meliputi pembiayaan, pembebanan imbalan financing, the allocation of seconded employees’
kerja karyawan perbantuan, pembebanan biaya past service cost, interest expense, insurance
bunga, biaya asuransi, dividen, dan transaksi expense, dividend, and other goods/services
penyerahan barang/jasa lainnya. transactions.
Sifat dan relasi dengan pihak-pihak yang The nature of the relationships with the related
mengadakan transaksi dengan Perusahaan: parties are as follows:
Hubungan/ Pihak-pihak yang berelasi/ Sifat transaksi/
Relations Related parties Nature of transaction
● Pemegang saham tidak langsung/ PT Pertamina (Persero) ("Pertamina") Pembelian barang dan jasa dan
Indirect shareholders pinjaman pemegang saham/
purchases of goods and service
and loan from shareholder
● Pemegang saham langsung/ PT Pertamina Power Indonesia (“PPI”) Pembayaran dividen, pembelian
Direct shareholders barang dan jasa, pendapatan/
Dividend payment purchases of
Goods and service, income
PT Pertamina Pedeve Indonesia Pembayaran dividen/
(”Pedeve”) Dividend payment
Page 766
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/76 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2023 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2023 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
26. SALDO DAN TRANSAKSI DENGAN PIHAK YANG 26. RELATED PARTY BALANCES AND
BERELASI (lanjutan) TRANSACTIONS (continued)
a. Sifat dari transaksi dengan pihak yang a. Nature of related party transactions
berelasi (lanjutan) (continued)
Hubungan/ Pihak-pihak yang berelasi/ Sifat transaksi/
Relations Related parties Nature of transaction
● Entitas di bawah pengendalian yang PT Pertamina Hulu Energi (“PHE”) Pendapatan dividen/
sama/ Entity under common control PT PHE West Madura Offshore Dividend income
(“PHE WMO”)
PT PHE Makassar Strait (“PHE Makassar”)
PT PHE Salawatin Basin (“PHE Salbas”)
PT PHE Tomori Sulawesi (“PHE Tomori)
PT Pertamina Patra Niaga (“Patra Niaga”) Pembelian barang dan jasa/
PT Pertamina Retail (“Pertamina Retail”) Purchase of goods and services
PT Pertamina Lubricants (“Lubricants”)
PT Pertamina Maintenance and
Construction (“PertaMC”) sebelumnya
bernama PT Badak Arun Solusi (“PBAS”)
PT Pertamina Drilling Services (“PDSI”)
PT Elnusa Tbk (“Elnusa”)
PT Sigma Cipta Utama (“Sigma”)
PT Elnusa Fabrikasi Konstruksi (“EFK”)
PT Patra Drilling Contractor (”PDC”)
PT Pertamina International EP (“PIEP”)
PT Pertamina EP (”Pertamina EP”)
PT Asuransi Tugu Pratama Indonesia Tbk
(“TPI”)
PT Pratama Mitra Sejati (“PMS”)
PT Patra Jasa (“Patra Jasa”)
PT Mitra Tour & Travel (“Mitratour”)
PT Prima Armada Raya (“PAR”)
PT Pertamina Marine Solution (”PMSol”)
sebelumnya bernama PT Peteka Karya
Gapura (“PKG”)
PT Pertamina Bina Medika IHC
(“Pertamedika”)
PT Pertamina Training & Consulting
(“PTC”)
● Ventura bersama/Joint venture PT Cahaya Anagata Energy (”CAE”)
● Entitas berelasi dengan Pemerintah/ PT PLN (Persero) Penjualan uap dan listrik/
Government related entities PT Indonesia Power Sales of steam and electricity
PT Bank Mandiri (Persero) Tbk Penempatan giro dan deposito/
(“Bank Mandiri”) current account and
PT Bank Negara Indonesia (Persero) Tbk time deposits
(“Bank BNI”)
PT Bank Rakyat Indonesia (Persero) Tbk
(“Bank BRI”)
Page 767
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/77 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2023 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2023 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
26. SALDO DAN TRANSAKSI DENGAN PIHAK YANG 26. RELATED PARTY BALANCES AND
BERELASI (lanjutan) TRANSACTIONS (continued)
a. Sifat dari transaksi dengan pihak yang a. Nature of related party transactions
berelasi (lanjutan) (continued)
Sifat dan relasi dengan pihak-pihak yang The nature of the relationships with the related
mengadakan transaksi dengan Perusahaan: parties are as follows:
Hubungan/ Pihak-pihak yang berelasi/ Sifat transaksi/
Relations Related parties Nature of transaction
● Entitas berelasi dengan Pemerintah/ PT Rekayasa Industri (Persero) Pembelian barang dan jasa/
Government related entities PT Telekomunikasi Indonesia Tbk Purchase of goods and services
(“Telkom”)
PT Wijaya Karya (Persero) Tbk (“Wika”)
PT Superintending Company of Indonesia
(“Sucofindo”)
PT Seamless Pipe Indonesia Jaya
(“SPIJ”)
PT Indonesia Comnets Plus (“Icon")
PT Administrasi Medika (“Admedika”)
PT Surveyor Indonesia (“Surveyor”)
PT BNI Life Insurance (“BNI Life”)
PT Biro Klasifikasi Indonesia (Persero)
(“PBKI”)
Direktorat Jenderal Anggaran (“DJA”) Perpajakan/taxation
Direktorat Jenderal Pajak (“DJP”)
PT Pertalife Insurance (“Pertalife”) Dana pensiun/ Pension fund
sebelumnya bernama PT Asuransi Jiwa
Tugu Mandiri (“Tugu Mandiri”)
Dana Pensiun Pertamina
b. Penjualan uap dan listrik b. Sales of steam and electricity
2023 2022
PT PLN (Persero) 313.227 307.603 PT PLN (Persero)
PT Indonesia Power 73.266 64.331 PT Indonesia Power
Jumlah 386.493 371.934 Total
Persentase terhadap total
pendapatan/
Percentage to total
revenues (%)
2023 2022
PT PLN (Persero) 77,1 79,6 PT PLN (Persero)
PT Indonesia Power 18,0 16,6 PT Indonesia Power
Jumlah 95,1 96,2 Total
Penjualan kepada PLN hanya atas penjualan Sales to PLN is only sales from the Group’s own
operasi sendiri Grup. operations.
Page 768
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/78 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2023 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2023 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
26. SALDO DAN TRANSAKSI DENGAN PIHAK YANG 26. RELATED PARTY BALANCES AND
BERELASI (lanjutan) TRANSACTIONS (continued)
c. Pembelian barang dan jasa c. Purchases of goods and services
2023 2022
Patra Niaga 9.280 1.472 Patra Niaga
PTC 2.520 1.623 PTC
Patra Jasa 1.928 2.186 Patra Jasa
PMS 1.753 1.825 PMS
Mitratour 1.593 729 Mitratour
TPI 916 765 TPI
Pertamedika 753 649 Pertamedika
PDSI 737 - PDSI
Pertamina 572 383 Pertamina
PAR 500 171 PAR
Lain-lain (masing-masing
di bawah US$500) 889 586 Others (each below US$500)
Jumlah 21.441 10.389 Total
Persentase terhadap total
beban pokok pendapatan/
Percentage to total
cost of revenues (%)
2023 2022
Patra Niaga 5,2 0,8 Patra Niaga
PTC 1,4 0,9 PTC
Patra Jasa 1,1 1,3 Patra Jasa
PMS 1,0 1,1 PMS
Mitratour 0,9 0,4 Mitratour
TPI 0,5 0,4 TPI
Pertamedika 0,4 0,4 Pertamedika
PDSI 0,4 - PDSI
Pertamina 0,3 0,2 Pertamina
PAR 0,3 0,1 PAR
Lain-lain 0,5 0,3 Others
Jumlah 12,0 5,9 Total
Barang dan jasa dibeli dari pihak-pihak yang Goods and services are bought from the above-
disebutkan di atas berdasarkan syarat-syarat mentioned parties on normal commercial terms
komersial. and conditions.
Pembelian dari Pertamina merupakan Purchases from Pertamina represent purchases
pembelian bahan bakar minyak untuk of fuel for geothermal projects.
kepentingan proyek-proyek panas bumi.
d. Pendapatan keuangan d. Interest income
Seluruh pendapatan bunga berasal dari bank All interest income was earned from state-owned
milik negara. banks.
Page 769
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/79 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2023 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2023 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
26. SALDO DAN TRANSAKSI DENGAN PIHAK YANG 26. RELATED PARTY BALANCES AND
BERELASI (lanjutan) TRANSACTIONS (continued)
e. Kas dan setara kas dan kas yang dibatasi e. Cash and cash equivalents and restricted
penggunaannya cash
Seluruh saldo kas dan setara kas dan kas yang All cash and cash equivalents as well as
dibatasi penggunaannya ditempatkan pada restricted cash are placed at state-owned.
bank milik negara.
f. Piutang usaha - pihak yang berelasi f. Trade receivables - related parties
31 Desember/ 31 Desember/
December 31, December 31,
2023 2022
PT PLN (Persero) 115.305 108.255 PT PLN (Persero)
PT Indonesia Power 16.968 11.870 PT Indonesia Power
Jumlah 132.273 120.125 Total
Persentase terhadap total aset/
Percentage to total assets (%)
31 Desember/ 31 Desember/
December 31, December 31,
2023 2022
PT PLN (Persero) 3,9 4,4 PT PLN (Persero)
PT Indonesia Power 0,6 0,5 PT Indonesia Power
Jumlah 4,5 4,9 Total
Piutang usaha dari PLN termasuk penjualan Trade receivables from PLN include pass-
pass-through dengan kontraktor KOB. through sales involving the JOC contractors.
g. Piutang lain-lain - pihak yang berelasi g. Other receivables - related parties
31 Desember/ 31 Desember/
December 31, December 31,
2023 2022
Bagian jangka pendek Current Portion:
PHE 2.574 - PHE
DJA 2.120 1.429 DJA
Pertamina 212 542 Pertamina
Lain-lain (masing-masing
di bawah US$500) 514 366 Others (each below US$500)
Subjumlah 5.420 2.337 Subtotal
Bagian jangka panjang: Non-current portion:
PLN 8.256 8.533 PLN
Subjumlah 8.256 8.533 Subtotal
Jumlah 13.676 10.870 Total
Page 770
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/80 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2023 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2023 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
26. SALDO DAN TRANSAKSI DENGAN PIHAK YANG 26. RELATED PARTY BALANCES AND
BERELASI (lanjutan) TRANSACTIONS (continued)
g. Piutang lain-lain – pihak yang berelasi g. Other receivables – related parties
(lanjutan) (continued)
Persentase terhadap total asset/
Percentage to total assets (%)
31 Desember/ 31 Desember/
December 31, December 31,
2023 2022
Bagian jangka pendek: Current portion:
PHE 0,1 - PHE
DJA 0,1 0,1 DJA
Pertamina 0,0 0,0 Pertamina
Lain-lain 0,0 0,0 Others
Subjumlah 0,2 0,1 Subtotal
Bagian jangka panjang: Current portion:
PLN 0.3 0,3 PLN
Subjumlah 0,3 0,3 Subtotal
Jumlah 0,5 0,4 Total
h. Utang usaha - pihak yang berelasi h. Trade payables - related parties
31 Desember/ 31 Desember/
December 31, December 31,
2023 2022
Patra Niaga 3.195 1.255 Patra Niaga
Wika 779 - Wika
Lain-lain (masing-masing
di bawah US$500) 569 527 Others (each below US$500)
Jumlah 4.543 1.782 Total
Persentase terhadap total liabilitas/
Percentage to total liabilities (%)
31 Desember/ 31 Desember/
December 31, December 31,
2023 2022
Patra Niaga 0,3 0,1 Patra Niaga
Wika 0,1 0,0 Wika
Lain-lain 0,0 0,0 Others
Jumlah 0,4 0,1 Total
Page 771
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/81 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2023 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2023 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
26. SALDO DAN TRANSAKSI DENGAN PIHAK YANG 26. RELATED PARTY BALANCES AND
BERELASI (lanjutan) TRANSACTIONS (continued)
i. Utang lain-lain - pihak yang berelasi i. Other payables - related parties
31 Desember/ 31 Desember/
December 31, December 31,
2023 2022
Pertamina 25.561 27.338 Pertamina
PPI 21 64.420 PPI
Pedeve - 5.586 Pedeve
Lain-lain (masing-masing
di bawah US$500) 370 352 Others (each below US$500)
Jumlah 25.952 97.696 Total
Persentase terhadap total liabilitas/
Percentage to total liabilities (%)
31 Desember/ 31 Desember/
December 31, December 31,
2023 2022
Pertamina 2,6 2,3 Pertamina
PPI 0,0 5,3 PPI
Pedeve - 0,5 Pedeve
Lain-lain 0,0 0,0 Others
Jumlah 2,6 8,1 Total
j. Pinjaman jangka panjang - pihak yang j. Long-term loans - related party
berelasi
31 Desember/ 31 Desember/
December 31, December 31,
2023 2022
Bagian jangka pendek: Current portion:
Dolar AS 9.223 8.913 US dollar
Yen 6.277 6.667 Yen
Subjumlah 15.500 15.580 Subtotal
Bagian jangka panjang: Non-current portion:
Dolar AS 226.767 236.144 US dollar
Yen 88.316 91.560 Yen
Subjumlah 315.083 327.704 Subtotal
Jumlah pinjaman 330.583 343.284 Total loan
Page 772
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/82 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2023 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2023 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
26. SALDO DAN TRANSAKSI DENGAN PIHAK YANG 26. RELATED PARTY BALANCES AND
BERELASI (lanjutan) TRANSACTIONS (continued)
j. Pinjaman jangka panjang - pihak yang j. Long-term loans - related party (continued)
berelasi (lanjutan)
Persentase terhadap total liabilitas/
Percentage to total liabilities (%)
31 Desember/ 31 Desember/
December 31, December 31,
2023 2022
Bagian jangka pendek: Current portion:
Dolar AS 0,9 0,8 US dollar
Yen 0,6 0,5 Yen
Subjumlah 1,5 1,3 Subtotal
Bagian jangka panjang: Non-current portion:
Dolar AS 22,8 19,4 US dollar
Yen 8,9 7,5 Yen
Subjumlah 31,7 26,9 Subtotal
Jumlah pinjaman 33,2 28,2 Total loan
Pinjaman jangka panjang - pihak yang berelasi Long-term loans - related party represent loans
merupakan pinjaman dari Pertamina from Pertamina (Note 31b) to support the
(Catatan 31b) untuk membiayai belanja modal Group’s capital expenditures.
Grup.
Dalam pinjaman jangka panjang - pihak yang In the long-term loans - related party include
berelasi tersebut termasuk porsi penempatan portion of cash placement as escrow account of
escrow account atas komitmen eksplorasi PGEL PGEL’s exploration commitment in the amount
sebesar US$10.000, yang telah dikembalikan ke of US$10,000, that has been settled to the
rekening giro Perusahaan pada tanggal 4 Maret Company current account on March 4, 2022.
2022. Perusahaan akan menggunakan The Company will utilize this loan for
pinjaman ini untuk komitmen eksplorasi atas exploration commitment of Kotamobagu
wilayah kerja Kotamobagu. working area.
Beban keuangan, termasuk beban keuangan Finance costs, including capitalized finance
yang dikapitalisasi, merupakan beban yang expense, are expenses related to loans
timbul dari perjanjian pinjaman dengan obtained from Pertamina.
Pertamina.
Page 773
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/83 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2023 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2023 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
26. SALDO DAN TRANSAKSI DENGAN PIHAK YANG 26. RELATED PARTY BALANCES AND
BERELASI (lanjutan) TRANSACTIONS (continued)
k. Biaya yang masih harus dibayar - pihak yang k. Accrued expenses - related parties
berelasi
31 Desember/ 31 Desember/
December 31, December 31,
2023 2022
Pertamina 2.787 344 Pertamina
PTC 936 596 PTC
PMS 903 804 PMS
TPI 609 13 TPI
PDSI 598 33 PDSI
Lain-lain (masing-masing
di bawah US$500) 1.426 770 Others (each below US500)
Jumlah 7.259 2.560 Total
Persentase terhadap total liabilitas/
Percentage to total liabilities (%)
31 Desember/ 31 Desember/
December 31, December 31,
2023 2022
Pertamina 0,3 0,0 Pertamina
PTC 0,1 0,0 PTC
PMS 0,1 0,1 PMS
TPI 0,1 0,0 TPI
PDSI 0,1 0,0 PDSI
Lain-lain 0,2 0,0 Others
Jumlah 0,9 0,1 Total
l. Kompensasi manajemen kunci l. Key management compensation
Manajemen kunci termasuk direksi dan personil Key management includes the directors and
lain yang mempunyai peran kunci dalam Grup. other key personnel having key roles in the
Kompensasi yang dibayar atau terutang untuk Group. The compensation paid or payable to key
manajemen kunci atas dasar jasa pekerja management for employee services is shown
adalah sebagai berikut: below:
31 Desember/ 31 Desember/
December 31, December 31,
2023 2022
Gaji dan imbalan pekerja Salaries and other short-term
jangka pendek 1.450 1.115 employee benefits
Imbalan pasca kerja 105 145 Post-employment benefits
Jumlah 1.555 1.260 Total
Page 774
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/84 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2023 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2023 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
27. DIVIDEN PER SAHAM 27. DIVIDENDS PER SHARE
Dalam Rapat Umum Pemegang Saham Tahunan In the Shareholders’ Annual General Meetings of the
Perusahaan yang dituangkan dalam Akta Notaris Company, documented in Notarial Deed No. 17 dated
No. 17 tanggal 05 April 2022, oleh Notaris April 05, 2022, of Ir. Nanette Cahyanie Handari Adi
Ir. Nanette Cahyanie Handari Adi Warsito, S.H., para Warsito, S.H., the Shareholders agreed the
pemegang saham telah menyetujui pembagian distribution of the cash dividend from net profit in
dividen tunai yang berasal dari laba bersih tahun 2021 of US$30,000 or US$0.001 (full amount) per
2021 sebesar US$30.000 atau US$0,001 (nilai common share. Payment for the cash dividend in
penuh) per saham biasa. Pembayaran atas dividen 2021 already paid at May 17, 2022.
kas tahun 2021 tersebut telah dibayarkan pada
tanggal 17 Mei 2022.
Pada 30 Desember 2022, Direksi Perusahaan On December 30, 2022, the Company's Board of
setelah mendapatkan persetujuan dari Dewan Directors, after obtaining approval from the Board of
Komisaris, melalui surat no. 629/PGE000/2022-S0, Commissioners, through a letter no.
mengumumkan pembagian dividen interim yang 629/PGE000/2022-S0, announced the distribution of
berasal dari laba bersih tahun 2022 sebesar interim dividends from net profit for 2022 of
US$70.000 atau US$0,002 (nilai penuh) per saham US$70,000 or US$0.002 (full amount) per common
biasa. Pembayaran atas dividen interim kas tahun share. Payment for the cash interim dividend in 2022
2022 tersebut telah dibayarkan pada tanggal 27 already paid at January 27, 2023.
Januari 2023.
Dalam Rapat Umum Pemegang Saham Tahunan In the Shareholders’ Annual General Meetings of the
Perusahaan yang diadakan pada tanggal 5 Juni Company held on June 5, 2023, the Shareholders
2023 para pemegang saham telah menyetujui agreed the distribution of the cash dividend from net
pembagian dividen tunai yang berasal dari laba profit in 2022 of US$100,000 as follows:
bersih tahun 2022 sebesar US$100.000
diperuntukkan sebagai berikut:
a) Pembagian dividen sebesar US$70.000 atau a) Distribution of cash dividends amounting to
US$0,002 (nilai penuh) per saham biasa, yang US$70,000 or US$0.002 (full amount) per
merupakan dividen interim yang dibayarkan common share, which is an interim dividend paid
pada tanggal 27 Januari 2023 kepada on January 27, 2023 to shareholders prior to the
pemegang saham sebelum Penawaran Umum Initial Public Offering of Shares, namely PT
Perdana Saham, yaitu PT Pertamina Power Pertamina Power Indonesia and PT Pertamina
Indonesia dan PT Pertamina Pedeve. Pedeve.
b) Pembagian dividen sebesar USD30.000 atau b) Distribution of dividends amounting to
US$0,001 (nilai penuh) per saham biasa, USD30,000 or US$0.001 (full amount) per
sebagai dividen tambahan yang akan diberikan common share, as additional dividends which
kepada pemegang saham sesuai porsinya. will be given to shareholders according to their
Yang telah dibayarkan pada tanggal 5 Juli 2023. portions. Which has been paid on July 5, 2023.
Page 775
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/85 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2023 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2023 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
28. LABA PER SAHAM 28. EARNINGS PER SHARE
Rekonsiliasi perhitungan laba per saham adalah The reconciliation of earnings per share calculation
sebagai berikut: is as follows:
31 Desember/ 31 Desember/
December 31, December 31,
2023 2022
Laba periode berjalan Profit for
yang dapat diatribusikan the period attributable
kepada pemilik entitas induk 163.594 127.340 to owner of the parent
Jumlah rata-rata tertimbang Weighted average
saham 41.396.142.000 31.046.142.000 number of shares
Laba per saham dasar Earnings per share
diatribusikan kepada attributable to owners
pemilik entitas induk of the parent entity
(nilai penuh) 0,0040 0,0041 (full amount)
Pada tanggal 31 Desember 2023 dan 2022, tidak As of December 31, 2023 and 2022, there were no
terdapat efek yang berpotensi dikonversi menjadi securities potentially converted into ordinary shares
saham biasa yang dapat menimbulkan pengaruh that would give rise to a dilution of earnings per
dilusi pada laba per saham. share.
29. ASET DAN LIABILITAS KEUANGAN 29. FINANCIAL ASSETS AND LIABILITIES
Tabel berikut menyajikan aset dan liabilitas The following tables set out the Group’s financial
keuangan Grup pada tanggal 31 Desember 2023 assets and liabilities as at December 31, 2023 and
dan 2022. 2022.
Biaya perolehan
Jumlah/ diamortisasi/
Total Amortized cost FVOCI
31 Desember 2023 December 31, 2023
Aset keuangan Financial assets
Kas dan setara kas 677.717 677.717 - Cash and cash equivalents
Piutang usaha Trade receivables
- Pihak yang berelasi 132.273 132.273 - Related parties -
- Pihak ketiga 4.018 4.018 - Third parties -
Piutang lain-lain Other receivables
- Pihak yang berelasi 13.676 13.676 - Related parties -
- Pihak ketiga 101 101 - Third parties -
Aset keuangan yang dinilai Financial assets at
pada nilai wajar melalui fair value through other
penghasilan komperehensif lain 29.004 - 29.004 comprehensive income
Jumlah aset keuangan 856.789 827.785 29.004 Total financial assets
Page 776
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/86 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2023 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2023 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
29. ASET DAN LIABILITAS KEUANGAN (lanjutan) 29. FINANCIAL ASSETS AND LIABILITIES
(continued)
Tabel berikut menyajikan aset dan liabilitas The following tables set out the Group’s financial
keuangan Grup pada tanggal 31 Desember 2023 assets and liabilities as at December 31, 2023 and
dan 2022. (lanjutan) 2022. (continued)
Biaya perolehan
Jumlah/ diamortisasi/
Total Amortized cost FVOCI
31 Desember 2022 December 31, 2022
Aset keuangan Financial assets
Kas dan setara kas 262.302 262.302 - Cash and cash equivalents
Piutang usaha Trade receivables
- Pihak yang berelasi 120.125 120.125 - Related parties -
- Pihak ketiga 3.098 3.098 - Third parties -
Piutang lain-lain Other receivables
- Pihak yang berelasi 10.870 10.870 - Related parties -
- Pihak ketiga 31 31 - Third parties -
Aset keuangan yang dinilai Financial assets at
pada nilai wajar melalui fair value through other
penghasilan komperehensif lain 23.841 - 23.841 comprehensive income
Jumlah aset keuangan 420.267 396.426 23.841 Total financial assets
Biaya perolehan diamortisasi/
Amortized cost
31 Desember/ 31 Desember/
December 31, December 31,
2023 2022
Liabilitas keuangan Financial liabilities
Utang usaha Trade payables
- Pihak yang berelasi 4.543 1.782 Related parties -
- Pihak ketiga 77.977 63.774 Third parties -
Utang lain-lain Other payables
- Pihak yang berelasi 25.952 97.696 Related parties -
Pinjaman jangka pendek Short-term loans
- Pihak yang berelasi - 105.000 Related party -
- Pihak ketiga - 495.000 Third parties -
Pinjaman jangka panjang Long-term loans
- Pihak yang berelasi 330.583 343.284 Related party -
- Pihak ketiga 398.236 - Third parties -
Biaya yang masih harus dibayar 83.333 37.437 Accrued expenses
Liabilitas sewa 2.023 2.024 Lease liability
Jumlah liabilitas keuangan 922.647 1.145.997 Total financial liabilities
Page 777
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/87 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2023 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2023 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
30. MANAJEMEN RISIKO KEUANGAN 30. FINANCIAL RISK MANAGEMENT
I. Faktor risiko keuangan I. Financial risk factors
Aktivitas yang dilakukan oleh Grup dihadapkan The Group’s activities expose it to a variety of
pada berbagai risiko keuangan: risiko pasar financial risks: market risk (including currency
(termasuk risiko nilai tukar mata uang asing, risk, interest rate risk and price risk), credit risk
risiko tingkat bunga, dan risiko harga), risiko and liquidity risk. The objectives of the Group’s
kredit dan risiko likuiditas. Tujuan dari risk management are to identify, measure,
manajemen risiko Grup adalah untuk monitor and manage basic risks in order to
mengidentifikasi, mengukur, mengawasi, dan safeguard the Group’s long-term business
mengelola risiko dasar dalam upaya melindungi continuity and minimize potential adverse effects
kesinambungan bisnis Grup dalam jangka on the financial performance of the Group.
panjang dan meminimalkan dampak yang tidak
diharapkan pada kinerja keuangan Grup.
Grup menggunakan berbagai metode untuk The Group uses various methods to measure
mengukur risiko yang dihadapinya. Metode ini risk to which it is exposed. These methods
meliputi analisis sensitivitas untuk risiko tingkat include sensitivity analysis in the case of interest
suku bunga, nilai tukar, risiko harga lainnya dan rates, foreign exchange rates, and other price
risiko kredit. risks and credit risks.
a. Risiko pasar a. Market risk
i. Risiko nilai tukar mata uang asing i. Foreign exchange risk
Pendapatan dan pengeluaran dari Grup The Group’s revenue and expenditure
sebagian besar dalam mata uang dolar are dominated in US dollar, which
Amerika Serikat yang secara tidak indirectly represents a natural hedge on
langsung merupakan lindung nilai alami exposure to the fluctuation in foreign
(natural hedging) terhadap exposure exchange rates.
fluktuasi mata uang asing.
Analisis sensitivitas Sensitivity analysis
Penguatan (pelemahan) rupiah, euro, A strengthening (weakening) of the
yen dan pound yang diindikasikan di rupiah, euro, yen and pound respectively
bawah, terhadap dolar AS akan as indicated below, against the US dollar
meningkatkan (menurunkan) laba-rugi would have increased (decreased) after-
setelah pajak sebesar jumlah yang tax profit or loss by the amounts shown
ditunjukkan di bawah. Analisis ini below. This analysis is based on foreign
didasarkan pada varian nilai tukar mata currency exchange rate variances that
uang asing yang Grup pertimbangkan the Group considered to be reasonably
yang sangat mungkin terjadi pada possible at the reporting date. The
tanggal pelaporan. Analisis analysis assumes that all other
mengasumsikan bahwa seluruh variabel variables, in particular interest rates,
lain, pada khususnya tingkat suku remain constant and excludes any
bunga, tetap tidak berubah dan impact of forecasted sales and
mengabaikan dampak atas perkiraan purchases.
penjualan dan pembelian.
Laba/(rugi)/Profit/(loss)
Penguatan/ Pelemahan/
Strengthening Weakening
31 Desember 2023 December 31, 2023
Rupiah (pergerakan 3%) 514 (485) Rupiah (3% movement)
Euro (pergerakan 3%) 11 (11) Euro (3% movement)
Yen (pergerakan 3%) (1.933) 1.933 Yen (3% movement)
Page 778
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/88 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2023 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2023 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
30. MANAJEMEN RISIKO KEUANGAN (lanjutan) 30. FINANCIAL RISK MANAGEMENT (continued)
I. Faktor risiko keuangan (lanjutan) I. Financial risk factors (continued)
a. Risiko pasar (lanjutan) a. Market risk (continued)
i. Risiko nilai tukar mata uang asing i. Foreign exchange risk (continued)
(lanjutan)
Laba/(rugi)/Profit/(loss)
Penguatan/ Pelemahan/
Strengthening Weakening
31 Desember 2022 December 31, 2022
Rupiah (pergerakan 3%) 456 (429) Rupiah (3% movement)
Euro (pergerakan 3%) 13 (13) Euro (3% movement)
Yen (pergerakan 3%) (1.994) 1.994 Yen (3% movement)
ii. Risiko harga ii. Price risk
Grup tidak terekspos secara signifikan The Group is not significantly exposed to
terhadap risiko harga karena harga price risk as prices are determined under
jualnya telah ditentukan berdasarkan its sales contracts.
kontrak penjualan.
iii. Risiko suku bunga iii. Interest rate risk
Risiko tingkat suku bunga Grup timbul The Group‘s interest rate risk arises from
dari kas dan setara kas, dan pinjaman cash and cash equivalents, and long-
jangka panjang pihak yang berelasi. term loans from related parties. The
Pendapatan dan arus kas yang Group’s income and operating cash flow
diperoleh Grup dari aktivitas operasi are substantially independent of
secara substansial independen changes in market interest rates.
terhadap perubahan suku bunga pasar.
Aset dan liabilitas keuangan yang Financial assets and liabilities issued at
diterbitkan dengan suku bunga floating rates expose the Group to cash
mengambang mengekspos Grup flow interest rate risks. Whereas,
terhadap risiko suku bunga arus kas. financial assets and liabilities issued at
Sedangkan aset dan liabilitas keuangan fixed rates exposes the Group to fair
yang diterbitkan dengan tingkat suku value interest rate risk.
bunga tetap mengekspos Grup terhadap
risiko nilai wajar suku bunga.
Page 779
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/89 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2023 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2023 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
30. MANAJEMEN RISIKO KEUANGAN (lanjutan) 30. FINANCIAL RISK MANAGEMENT (continued)
I. Faktor risiko keuangan (lanjutan) I. Financial risk factors (continued)
a. Risiko pasar (lanjutan) a. Market risk (continued)
iii. Risiko suku bunga (lanjutan) iii. Interest rate risk (continued)
Tabel berikut ini merupakan rincian dari The following tables represents
aset dan liabilitas keuangan yang a breakdown of the Company’s financial
dipengaruhi oleh suku bunga: assets and liabilities impacted by
interest rates:
31 Desember/December 31, 2023
Suku bunga mengambang/ Suku bunga tetap/
Floating rate Fixed rate Tidak
Kurang dari Lebih dari Kurang dari Lebih dari berbunga/
satu tahun/ satu tahun/ satu tahun/ satu tahun/ Non-
Less than More than Less than More than interest Jumlah/
one year one year one year one year bearing Total
Aset keuangan/
Financial assets
Kas dan setara kas/
Cash and cash
equivalents 677.717 - - - - 677.717
Piutang usaha/
Trade receivables - - - - 136.291 136.291
Piutang lain-lain/
Other receivables - - - - 13.777 13.777
Aset keuangan yang dinilai
pada nilai wajar
melalui pendapatan
komperehensif lain/
Financial assets at
fair value through other
comperehensive income - - - - 29.004 29.004
Jumlah aset keuangan/
Total financial assets 677.717 - - - 179.072 856.789
Liabilitas keuangan/
Financial liabilities
Utang usaha
Trade payables - - - - 82.520 82.520
Utang lain-lain/
Other payables - - - - 25.952 25.952
Utang Obligasi/
Bonds Payable - - - 398.236 - 398.236
Pinjaman jangka panjang/
Long-term loan 15.500 315.083 - - - 330.583
Biaya yang masih
harus dibayar/
Accrued expenses - - - - 83.333 83.333
Liabilitas sewa/
Lease liabilities 910 1.113 - - - 2.023
Jumlah liabilitas keuangan/
Total financial liabilities 16.410 316.196 - 398.236 191.805 922.647
Page 780
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/90 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2023 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2023 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
30. MANAJEMEN RISIKO KEUANGAN (lanjutan) 30. FINANCIAL RISK MANAGEMENT (continued)
I. Faktor risiko keuangan (lanjutan) I. Financial risk factors (continued)
a. Risiko pasar (lanjutan) a. Market risk (continued)
iii. Risiko suku bunga (lanjutan) iii. Interest rate risk (continued)
31 Desember/December 31, 2022
Suku bunga mengambang/ Suku bunga tetap/
Floating rate Fixed rate Tidak
Kurang dari Lebih dari Kurang dari Lebih dari berbunga/
satu tahun/ satu tahun/ satu tahun/ satu tahun/ Non-
Less than More than Less than More than interest Jumlah/
one year one year one year one year bearing Total
Aset keuangan/
Financial assets
Kas dan setara kas/
Cash and cash
equivalents 262.282 - - - 20 262.302
Piutang usaha/
Trade receivables - - - - 123.223 123.223
Piutang lain-lain/
Other receivables - - - - 10.901 10.901
Aset keuangan yang dinilai
pada nilai wajar melalui
pendapatan komperehensif
lain/ Financial assets at
fai r value through other
comperehensive income - - - - 23.841 23.841
Jumlah aset keuangan/
Total financial assets 262.282 - - - 157.985 420.267
Liabilitas keuangan/
Financial liabilities
Utang usaha/
Trade payables - - - - 65.556 65.556
Utang lain-lain/
Other payables - - - - 97.387 97.387
Pinjaman jangka pendek/
Short-term loan 600.000 - - - - 600.000
Pinjaman jangka panjang/
Long-term loan 15.889 327.704 - - - 343.593
Biaya yang masih
harus dibayar/
Accrued expenses - - - - 37.437 37.437
Liabilitas sewa/
Lease liabilities 1.864 160 - - - 2.024
Jumlah liabilitas keuangan/
Total financial liabilities 617.753 327.864 - - 200.380 1.145.997
Perubahan 20 basis poin atas tingkat A change of 20 basis points in floating
suku bunga mengambang pada tanggal interest rates at the reporting date
pelaporan akan berpengaruh terhadap would have affected income for the year
laba tahun berjalan sebesar jumlah di by the amounts shown below. This
bawah. Analisis ini mengasumsikan analysis assumes that all other
bahwa seluruh variabel lain, terutama variables, in particular foreign currency
nilai tukar mata uang asing, tidak rates, remain constant.
berubah.
+20 bp -20bp
meningkat/increase menurun/decrease
Dampak terhadap: Effect on:
(Rugi)/laba tahun berjalan (353) 353 (Loss)/income for the year
Sensitivitas arus kas (bersih) (1.038) 1.038 Cash flow sensitivity (net)
Page 781
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/91 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2023 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2023 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
30. MANAJEMEN RISIKO KEUANGAN (lanjutan) 30. FINANCIAL RISK MANAGEMENT (continued)
I. Faktor risiko keuangan (lanjutan) I. Financial risk factors (continued)
b. Risiko kredit b. Credit risk
Pada tanggal 31 Desember 2023 dan 2022, As at December 31, 2023 and 2022, the
jumlah maksimum eksposur dari risiko total maximum exposure to credit risk was
kredit adalah US$677.717 dan US$677,717 and US$262,282, which
US$262.282, yang berasal dari involves cash in banks. All of the cash in
penempatan dana pada bank. Semua banks are placed at state-owned banks with
penempatan dana ditempatkan pada bank AAA ratings.
milik Pemerintah yang mendapatkan
peringkat AAA.
Grup tidak terekspos secara signifikan The Group is not significantly exposed to
terhadap risiko kredit dari piutang, karena credit risk as its primary customers for
pembeli utama adalah PLN dan PT steam and electricity are PLN and PT
Indonesia Power yang selama ini memiliki Indonesia Power, which have good
reputasi yang baik dan secara historis reputations and historically have always
selalu membayar utang mereka kepada paid their debts to the Group. PLN and PT
Grup. PLN dan PT Indonesia Power Indonesia Power are rated by external credit
memperoleh peringkat AAA dari ratings PT Pemeringkat Efek Indonesia.
pemeringkat eksternal PT Pemeringkat
Efek Indonesia.
c. Risiko likuiditas c. Liquidity risk
Risiko likuiditas merupakan risiko yang Liquidity risk is defined as a risk that arises
muncul dalam situasi di mana posisi arus in situations where the Group’s cash flow
kas Grup mengindikasikan bahwa arus kas indicates that the cash inflow from short-
masuk dari pendapatan jangka pendek term revenue is not enough to cover the
tidak cukup untuk memenuhi arus kas cash outflow of short-term expenditures.
keluar untuk pengeluaran jangka pendek.
Pada tanggal 31 Desember 2023, Grup At December 31, 2023, the Group has
memiliki saldo modal kerja positif senilai positif working capital position amounting to
US$619.174. US$619,174.
Berdasarkan kondisi yang diungkapkan di Based on conditions as disclosed above,
atas, Manajemen berkeyakinan bahwa Management believes that the Group will be
Grup akan mampu melanjutkan sebagai able to continue as a going concern entity.
entitas yang memiliki keberlangsungan
usaha.
Page 782
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/92 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2023 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2023 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
30. MANAJEMEN RISIKO KEUANGAN (lanjutan) 30. FINANCIAL RISK MANAGEMENT (continued)
I. Faktor risiko keuangan (lanjutan) I. Financial risk factors (continued)
c. Risiko likuiditas (lanjutan) c. Liquidity risk (continued)
Tabel di bawah ini menggambarkan The table below analyses the Group’s
liabilitas keuangan Grup pada tanggal financial liabilities at December 31, 2023
31 Desember 2023 dan 2022 berdasarkan and 2022 grouped according to maturity
jatuh temponya yang relevan berdasarkan based on the remaining period to the
periode sisa hingga tanggal jatuh tempo contractual maturity date. The amounts
kontraktual. Jumlah yang diungkapkan disclosed in the table are contractual
dalam tabel ini adalah nilai arus kas undiscounted cash flows:
kontraktual yang tidak terdiskonto:
31 Desember/December 31, 2023
Kurang dari Lebih dari
1 tahun/ 5 tahun/
Less than 1-5 tahun/ Later than
1 year 1-5 years 5 years Total
Liabilitas Liabilities
Utang usaha 82.520 - - 82.520 Trade payables
Utang lain-lain 25.952 - - 25.952 Other payables
Utang obligasi - 398.236 - 398.236 Bonds payable
Pinjaman jangka
panjang 15.500 64.543 250.540 330.583 Long-term loans
Biaya yang masih
harus dibayar 83.333 - - 83.333 Accrued expenses
Liabilitas sewa 910 1.113 - 2.023 Lease liability
Jumlah 208.215 463.892 250.540 922.647 Total
31 Desember/December 31, 2022
Kurang dari Lebih dari
1 tahun/ 5 tahun/
Less than 1-5 tahun/ Later than
1 year 1-5 years 5 years Total
Liabilitas Liabilities
Utang usaha 65.556 - - 65.556 Trade payables
Utang lain-lain 97.696 - - 97.696 Other payables
Pinjaman jangka
pendek 600.000 - - 600.000 Long-term loans
Pinjaman jangka
panjang 15.580 81.278 246.426 343.284 Long-term loans
Biaya yang masih
harus dibayar 37.437 - - 37.437 Accrued expenses
Liabilitas sewa 1.864 160 - 2.024 Lease liability
Jumlah 818.133 81.438 246.426 1.145.997 Total
Page 783
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/93 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2023 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2023 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
30. MANAJEMEN RISIKO KEUANGAN (lanjutan) 30. FINANCIAL RISK MANAGEMENT (continued)
II. Estimasi nilai wajar II. Fair value estimation
Tabel di bawah ini menganalisis instrumen The table below analyses financial instruments
keuangan yang dicatat pada nilai wajar carried at fair value, by level of valuation method.
berdasarkan tingkatan metode penilaian. The different levels of valuation methods have
Perbedaan pada setiap tingkatan metode been defined as follows:
penilaian dijelaskan sebagai berikut:
• Harga dikutip (tidak disesuaikan) dari pasar • Quoted prices (unadjusted) in active markets
yang aktif untuk aset atau liabilitas yang identik for identical assets or liabilities (Level 1);
(Tingkat 1);
• Input selain harga yang dikutip dari pasar • Inputs other than quoted prices included within
yang disertakan pada Tingkat 1 yang dapat Level 1 that are observable for the asset or
diobservasi untuk aset dan liabilitas, baik liability, either directly (that is, as prices) or
secara langsung (yaitu sebagai sebuah harga) indirectly (that is, derived from prices) (Level
atau secara tidak langsung (yaitu sebagai 2); and
turunan dari harga) (Tingkat 2); dan
• Input untuk aset atau liabilitas yang tidak • Inputs for the asset or liability that are not
didasarkan pada data pasar yang dapat based on observable market data (that is,
diobservasi (informasi yang tidak dapat unobservable inputs) (Level 3).
diobservasi) (Tingkat 3).
Tabel berikut menyajikan aset dan liabilitas The following table presents the Group’s
keuangan Grup yang diukur sebesar nilai wajar financial assets and liabilities that are measured
pada 31 Desember 2023: at fair value at December 31, 2023:
Tingkat 1/ Tingkat 2/ Tingkat 3/ Jumlah
Level 1 Level 2 Level 3 Total
Aset keuangan yang
diukur pada nilai Financial assets
wajar melalui penghasilan at fair value through other
komperehensif lain comprehensive income
Instrumen ekuitas - 29.004 - 29.004 Equity instrument
Jumlah - 29.004 - 29.004 Total
Manajemen berpendapat bahwa nilai tercatat Management considers the carrying values of its
dari aset dan liabilitas keuangan berikut: financial assets and liabilities such as:
- kas dan setara kas - cash and cash equivalents
- piutang usaha - trade receivables
- piutang lain-lain - other receivables
- utang usaha - trade payables
- utang lain-lain - other payables
- utang obligasi - bonds payable
- pinjaman jangka panjang - long term loan
- biaya yang masih harus dibayar - accrued expenses
mendekati nilai wajarnya pada 31 Desember approximate their fair values as at
2023. Nilai wajar instrumen ekuitas berdasarkan December 31, 2023. The fair values of equity
metode arus kas diskonto. instrument are calculated by applying the
discounted cash flow methods.
Page 784
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/94 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2023 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2023 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
30. MANAJEMEN RISIKO KEUANGAN (lanjutan) 30. FINANCIAL RISK MANAGEMENT (continued)
III. Manajemen risiko permodalan III. Capital risk management
Tujuan Grup dalam pengelolaan modal adalah The Group’s objectives when managing capital
untuk mempertahankan kelangsungan usaha are to safeguard the Group’s ability to continue
Grup guna memberikan imbal hasil kepada as a going concern in order to provide returns for
pemegang saham dan manfaat kepada shareholders and benefits to other stakeholders
pemangku kepentingan lainnya serta menjaga and to maintain an optimum capital structure
struktur modal yang optimal yang meliputi utang covering debt and equity to minimize the cost of
dan ekuitas untuk mengurangi biaya modal. capital.
Secara periodik, Grup melakukan penilaian Periodically, the Group conducts debt valuation
utang untuk menilai kemungkinan pembiayaan to assess possibilities of refinancing existing
kembali utang yang ada dengan utang baru debts with new ones which have more efficient
yang memiliki biaya yang lebih efisien sehingga cost that will lead to more optimized cost-of-debt.
mengoptimalkan biaya utang.
Grup dipersyaratkan oleh Undang-undang No. The Group is required by the Limited Liability
40 tahun 2007 tentang Perseroan Terbatas Company Law No. 40 of 2007 to allocate and
untuk mengalokasikan dana cadangan yang maintain a non-distributable reserve fund until
tidak boleh didistribusikan sampai dengan 20% such reserve reaches 20% of the issued and fully
dari modal saham ditempatkan dan disetor paid capital stock. This externally imposed
penuh. Persyaratan permodalan eksternal capital requirement is considered by the Group
tersebut dipertimbangkan oleh Grup dalam in the General Meeting of Shareholders.
Rapat Umum Pemegang Saham.
Permodalan Grup antara lain berasal dari The financing of Group comes from equity and
ekuitas dan pinjaman yang diberikan oleh loans provided by Pertamina, and bonds
Pertamina, serta utang obligasi. payable.
Page 785
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/95 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2023 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2023 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
31. PERJANJIAN, KOMITMEN, DAN KONTINJENSI 31. SIGNIFICANT AGREEMENTS, COMMITMENTS
SIGNIFIKAN AND CONTINGENCIES
a. Perjanjian-perjanjian a. Agreements
Berikut adalah kesepakatan kemitraan Grup As at December 31, 2023, the Group’s
pada tanggal 31 Desember 2023: partnership arrangements are as follows:
Tanggal Kontrak/ Berakhirnya Kontrak/ Jenis Kontrak/ Lokasi/
Para Pihak/Parties Contract Date End of Contract Type of Contract Location
● PT Pertamina Geothermal 31 Januari/January 31 Desember/December PJBU Unit 1, 2 Kamojang,
Energy (dahulu/formerly 1992 (diubah 2040 dan 3/SSC Units Jawa Barat/
PERTAMINA) pada tanggal 1, 2 West Java
● PT Indonesia Power 11 Februari 2016/ and 3
(dahulu/formerly PT PLN amended on
(Persero)) February 11, 2016)
● PT Pertamina Geothermal 26 Januari/January 360 bulan sejak tanggal PJBL Unit 4/ Kamojang,
Energy (dahulu/formerly 2004 (diubah pada operasi komersial (COD) ESC Unit 4 Jawa Barat/
PERTAMINA) tanggal 11 Februari (26 Januari 2008)/ West Java
● PT PLN (Persero) 2016/amended on 360 months from
February 11, 2016) Commercial Operation Date
(COD) (January 26, 2008)
● PT Pertamina Geothermal 12 Mei/May 1999 30 tahun sejak COD PJBU Unit 1/SSC Lahendong,
Energy (dahulu/formerly (diubah pada tanggal (21 Agustus 2001) / Unit 1 Sulawesi Utara/
PERTAMINA) 11 Februari 2016/ 30 years from COD North Sulawesi
● PT PLN (Persero) amended on (August 21, 2001)
February 11, 2016)
● PT Pertamina Geothermal 2 Agustus/August 2004 30 tahun sejak COD unit PJBU Unit 2 dan Lahendong,
Energy (dahulu/formerly (diubah pada tanggal terakhir (Unit 3) (7 April 3/ Sulawesi Utara/
PERTAMINA) 11 Februari 2009)/ SSC Units 2 and North Sulawesi
● PT PLN (Persero) 2016/amended on 30 years from COD of the 3
February 11, 2016) last unit (Unit 3) (April 7,
2009)
● PT Pertamina Geothermal 15 Januari/January 480 bulan sejak tanggal PJBU/SSC Sibayak,
Energy (dahulu/formerly 1996 (diubah Efektif yang dicantumkan Sumatera Utara/
PERTAMINA) pada tanggal dalam Amendmen SSC North Sumatera
● PT Dizamatra Powerindo 8 Desember 2003/ tertanggal 8 Desember
amended on 2003/
December 8, 2003) 480 months from the
Effective date as stated in
the SSC Amendment dated
December 8, 2003
● PT Pertamina Geothermal 16 November 1994 30 November 2040 KOB/JOC Salak,
Energy (dahulu/formerly (diubah pada tanggal Jawa Barat/
PERTAMINA) 22 Juli 2002/ West Java
● Chevron Geothermal Salak, amended on
Ltd. (dahulu/formerly Unocal July 22, 2002)
Geothermal Indonesia Ltd.)
● Dayabumi Salak Pratama
Ltd.
● PT Pertamina Geothermal 16 November 1994 30 November 2040 PJBL/ESC Salak,
Energy (dahulu/formerly (diubah pada tanggal Jawa Barat/
PERTAMINA) 22 Juli 2002/ West Java
● PT PLN (Persero) amended on
● Chevron Geothermal Salak July 22, 2002)
Ltd. (dahulu/formerly Unocal
Geothermal Indonesia Lt d.)
● Dayabumi Salak Pratama
Ltd.
Page 786
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/96 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2023 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2023 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
31. PERJANJIAN, KOMITMEN, DAN KONTINJENSI 31. SIGNIFICANT AGREEMENTS, COMMITMENTS
SIGNIFIKAN (lanjutan) AND CONTINGENCIES (continued)
a. Perjanjian-perjanjian (lanjutan) a. Agreements (continued)
Tanggal Kontrak/ Berakhirnya Kontrak/ Jenis Kontrak/ Lokasi/
Para Pihak/Parties Contract Date End of Contract Type of Contract Location
● PT Pertamina Geothermal 15 Januari/January 684 bulan sejak tanggal KOB/JOC Darajat,
Energy (dahulu/formerly 1996 (diubah pada efektif berlakunya perjanjian Jawa Barat/
PERTAMINA) tanggal (16 November 1984) West Java
● Chevron Geothermal 7 Februari 2003/ (SEGD telah notice ke PGE
Indonesia Ltd. amended on tanggal 22 September 2020
(dahulu/formerly Texaco February 7, 2003) mengenai perpanjangan
Darajat Ltd.) otomatis JOC) /
● PT Darajat Geothermal 684 months commencing
Indonesia on the effective date
(November 16,1984) SEGD
has Noticed PGE dated
September 22, 2020 about
Automatic Extention JOC
Period))
● PT Pertamina Geothermal 15 Januari/January 552 bulan sejak tanggal PJBL/ESC Darajat,
Energy (dahulu/formerly 1996 (diubah pada efektif berlakunya perjanjian Jawa Barat/
PERTAMINA) tanggal 1 Mei 2000/ (15 Januari 1996) (SEGD West Java
● PT PLN (Persero) amended on telah notice ke PLN tanggal
● Chevron Geothermal May 1, 2000) 22 September 2020
Indonesia Ltd. mengenai perpanjangan
(dahulu/formerly Texaco otomatis ESC /
Darajat Ltd.) 552 months after the
● PT Darajat Geothermal effective date (January 15,
Indonesia 1996) SEGD has Noticed
PLN dated September 22,
2020 about Automatic
Extention ESC Period)
● PT Pertamina Geothermal 27 Februari/ February 26 Agustus/August 2048 KOB/JOC Sarulla,
Energy (dahulu/formerly 1993 (amandemen Sumatera Utara/
PERTAMINA) kedua pada tanggal 4 North Sumatera
● PT Medco Geopower Sarulla April 2013/second
● Orsarulla Inc. amendment on April 4,
● Sarulla Power Asset Ltd. 2013)
● Kyuden Sarulla Pte. Ltd.
● Sarulla Operations Ltd.
● PT Pertamina Geothermal 27 Februari/ February 26 Agustus/August 2048 PJBL/ESC Sarulla,
Energy (dahulu/formerly 1993 Sumatera Utara/
PERTAMINA) (amandemen kedua North Sumatera
● PT PLN (Persero) dialihkan pada tanggal 4 April
dari/transferred from Unocal 2013/(second
North Sumatera Geothermal amendment on April 4,
Ltd. 2013)
● PT Medco Geopower Sarulla
● Orsarulla Inc.
● Sarulla Power Asset Ltd.
● Kyuden Sarulla Pte. Ltd.
● Sarulla Operations Ltd.
Page 787
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/97 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2023 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2023 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
31. PERJANJIAN, KOMITMEN, DAN KONTINJENSI 31. SIGNIFICANT AGREEMENTS, COMMITMENTS
SIGNIFIKAN (lanjutan) AND CONTINGENCIES (continued)
a. Perjanjian-perjanjian (lanjutan) a. Agreements (continued)
Tanggal Kontrak/ Berakhirnya Kontrak/ Jenis Kontrak/ Lokasi/
Para Pihak/Parties Contract Date End of Contract Type of Contract Location
● PT Pertamina Geothermal 17 November 1995 Berakhir pada 31 Desember KOB/JOC Bedugul,
Energy (dahulu/formerly (diubah pada tanggal 2040/ Bali
PERTAMINA) 10 Februari 2004/ Expired on December 31,
Bali Energy Ltd. amended on 2040
February 10, 2004)
● PT Pertamina Geothermal 17 November 1995 Berakhir pada 31 Desember PJBL/ESC Bedugul,
Energy (dahulu/formerly (diubah pada tanggal 2040/ Bali
PERTAMINA) 10 Februari Expires on December 31,
● Bali Energy Ltd.PT PLN 2004/amended on 2040
(Persero) February 10, 2004)
● PT Pertamina Geothermal 2 Desember/ 504 bulan sejak KOB/JOC Wayang
Energy (dahulu/formerly December 1994 2 Desember 1994/ Windu,
PERTAMINA) (amandemen kedua 504 months from Jawa Barat/
● Star Energy Geothermal pada tanggal 21 Juni December 2, 1994 West Java
(Wayang Windu) Ltd. 2016/second
(dahulu/formerly Magma amendment on
Nusantara Ltd.) June 21, 2016)
● PT Pertamina Geothermal 2 Desember/December 504 bulan sejak PJBL/ESC Wayang
Energy (dahulu/formerly 1994 (amandemen 2 Desember 1994/ Windu,
PERTAMINA) kedua pada tanggal 27 504 months from Jawa Barat/
● PT PLN (Persero) Juni 2016/second December 2, 1994 West Java
● Star Energy Geothermal amendment on June
(Wayang Windu) Ltd. 27, 2016)
(dahulu/formerly Magma
Nusantara Ltd.)
● PT Pertamina Geothermal 17 Februari/ 30 tahun sejak COD PJBU Unit 1 Ulubelu,
Energy February 2010 Unit 2 (23 Oktober 2012)/ dan 2/ Lampung
● PT PLN (Persero) 30 years from COD SSC Units 1
Unit 2 (October 23, 2012) and 2
● PT Pertamina Geothermal 26 April 2010 (diubah 30 tahun sejak COD PJBU Unit 4/ Lahendong,
Energy pada tanggal 11 (23 Desember 2011)/ SSC Unit 4 Sulawesi Utara/
● PT PLN (Persero) Februari 30 years from COD North Sulawesi
2016/amended on (December 23, 2011)
February 11, 2016)
● PT Pertamina Geothermal 26 April 2010 30 tahun sejak COD PJBU/SSC Hululais,
Energy (diubah pada tanggal Unit 2/ Bengkulu
● PT PLN (Persero) 10 Agustus 30 years from COD
2016/amended on 10 Unit 2
August 2016)
● PT Pertamina Geothermal 26 April 2010 30 tahun sejak COD PJBU/SSC Sungai Penuh,
Energy Unit 2/ Jambi
● PT PLN (Persero) 30 years from COD
Unit 2
Page 788
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/98 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2023 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2023 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
31. PERJANJIAN, KOMITMEN, DAN KONTINJENSI 31. SIGNIFICANT AGREEMENTS, COMMITMENTS
SIGNIFIKAN (lanjutan) AND CONTINGENCIES (continued)
a. Perjanjian-perjanjian (lanjutan) a. Agreements (continued)
Tanggal Kontrak/ Berakhirnya Kontrak/ Jenis Kontrak/ Lokasi/
Para Pihak/Parties Contract Date End of Contract Type of Contract Location
● PT Pertamina Geothermal 11 Maret/ 360 bulan sejak COD PJBL Unit 5/ Kamojang,
Energy March 2011 (29 Juni 2015)/ ESC Unit 5 Jawa Barat/
PT PLN (Persero) (diubah pada tanggal 360 months from COD West Java
11 Februari 2016/ (June 29, 2015)
amended on
February 11, 2016)
● PT Pertamina Geothermal 11 Maret/ 360 bulan sejak COD PJBL/ESC Karaha,
Energy March 2011 (6 April 2018)/ Jawa Barat/
PT PLN (Persero) 360 months from COD West Java
(April 6, 2018)
● PT Pertamina Geothermal 11 Maret/ 360 bulan sejak unit terakhir PJBL Unit 1,2,3 Lumut Balai,
Energy March 2011 beroperasi/ dan 4/ Sumatera
● PT PLN (Persero) 360 months from the ESC Units 1,2,3 Selatan/
commencement of and 4 South Sumatera
operation of the last unit
● PT Pertamina Geothermal 11 Maret/ 360 bulan sejak unit terakhir PJBL Unit 5 dan Lahendong,
Energy March 2011 beroperasi (Unit VI) (9 6/ ESC Units 5 Sulawesi Utara/
● PT PLN (Persero) (diubah pada tanggal Desember 2016)/ and 6 North Sulawesi
10 Agustus 360 months from the
2016/amended on commencement of
August 10, 2016) operation of the last unit
(Unit VI) (December 9,
2016)
● PT Pertamina Geothermal 11 Maret/ 360 bulan sejak unit terakhir PJBL Unit 3 dan Ulubelu,
Energy March 2011 beroperasi (Unit IV) (25 4/ Lampung
● PT PLN (Persero) Maret 2017)/ ESC Units 3 and
360 months from the 4
commencement of
operation of the last unit
(Unit IV) (March 25, 2017)
● PT Pertamina Geothermal 10 November 2022 29 Desember/ EPCC Unit 2 Lumut Balai,
Energy December 2025 Sumatera
● Mitsubishi Corporation Selatan/
● PT Wijaya Karya South Sumatera
● SEPCOIII Electric Power
Construction Co., Ltd
b. Perjanjian pinjaman dengan Pertamina b. Loan arrangements with Pertamina
Pada tanggal 9 November 2012, Perusahaan On November 9, 2012, the Company entered
menandatangani perjanjian pinjaman dengan into a loan arrangement with Pertamina. The
Pertamina. Perjanjian ini berlaku efektif per loan arrangement is effective from
tanggal 1 Januari 2012. Pinjaman ini diberikan January 1, 2012. The loans are provided to
untuk membiayai proyek-proyek Perusahaan, finance the Company’s capital projects, both
baik aktivitas eksplorasi dan pengembangan exploration and development projects.
proyek panas bumi.
Page 789
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/99 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2023 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2023 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
31. PERJANJIAN, KOMITMEN, DAN KONTINJENSI 31. SIGNIFICANT AGREEMENTS, COMMITMENTS
SIGNIFIKAN (lanjutan) AND CONTINGENCIES (continued)
b. Perjanjian pinjaman dengan Pertamina b. Loan arrangements with Pertamina
(lanjutan) (continued)
Perjanjian pinjaman khusus Specific loan agreements
Perjanjian pinjaman khusus ini merupakan These specific loan agreements represent
pendanaan dari pihak ketiga yang funding from third parties which is used to
digunakan untuk membiayai proyek-proyek support specific geothermal projects,
panas bumi tertentu dimana peminjam whereby the borrower is required to fulfill the
diwajibkan untuk memenuhi ketentuan- covenants set out in the agreements in
ketentuan yang telah dicantumkan dalam exchange for the low interest rates. These
perjanjian tersebut sebagai pengganti suku loan agreements are entered into under a
bunga yang rendah. Perjanjian pinjaman ini Government-to-Government scheme (“G to
menggunakan skema Government to G”). The Indonesian Government makes the
Government (“G to G”). Pemerintah funding available to Pertamina, and
Indonesia akan meneruskan pendanaan Pertamina in turn makes this funding
tersebut kepada Pertamina, dan Pertamina available to the Company, with Pertamina
meneruskan pendanaan ini ke Perusahaan acting as the Executing Agency and the
dimana Pertamina sebagai Executing Company acting as the Implementing
Agency dan Perusahaan sebagai Agency. These specific loan agreements
Implementing Agency. Perjanjian pinjaman comprise of:
khusus ini terdiri dari:
Pendanaan oleh Japan International Japan International Cooperation Agency
Cooperation Agency (“JICA”) (“JICA”) Funding
Pemerintah Indonesia dan JICA telah The Indonesian Government (the
menandatangani Perjanjian Pinjaman IP- Government) and JICA have signed Loan
557 untuk pembiayaan atas Lumut Balai Agreement IP-557 for financing the Lumut
Geothermal Power Plant Project dengan Balai Geothermal Power Plant Project with
jumlah pendanaan maksimum sebesar a maximum facility of ¥26,966 million,
¥26.966 juta atau setara dengan equivalent to US$181,430, available for
US$181.430 untuk jangka waktu penarikan drawdown for a period of up to eight years
selama delapan tahun sejak tanggal efektif. from the effective date. The Government
Pemerintah telah menyetujui untuk agreed to make the funding from JICA
meneruskan pendanaan JICA kepada available to Pertamina, and Pertamina in
Pertamina, dan Pertamina meneruskan turn makes such funding available to the
pendanaan ini ke Company under agreement
Perusahaan melalui perjanjian No.148/PGE000/2013-S0.
No.148/PGE000/2013-S0.
Pada tanggal 30 Oktober 2023, melalui On 30 October 2023, through letter ref. no:
surat ref. no: S-677/PR.2/2023, Pemerintah S-677/PR.2/2023, the Government agreed
menyetujui amandemen batas waktu the amendment of the loan drawdown
penarikan pinjaman Loan Agreement JICA deadline of JICA Loan Agreement IP-557
IP-557 Lumut Balai Geothermal Power Lumut Balai Geothermal Power Plant
Plant Project menjadi sebelum tanggal 31 Project to be before December 31, 2026.
Desember 2026.
Page 790
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/100 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2023 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2023 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
31. PERJANJIAN, KOMITMEN, DAN KONTINJENSI 31. SIGNIFICANT AGREEMENTS, COMMITMENTS
SIGNIFIKAN (lanjutan) AND CONTINGENCIES (continued)
b. Perjanjian pinjaman dengan Pertamina b. Loan arrangements with Pertamina
(lanjutan) (continued)
Perjanjian pinjaman khusus (lanjutan) Specific loan agreements (continued)
Pendanaan oleh Japan International Japan International Cooperation Agency
Cooperation Agency (“JICA”) (lanjutan) (“JICA”) Funding (continued)
Pelunasan pokok pinjaman akan dilakukan The repayments of the loan principal shall
setiap setengah tahunan setiap tanggal be settled on a semester basis on
20 April dan 20 Oktober untuk periode April 20 and October 20, in respect to
sebelum tanggal terakhir penarikan amounts drawn drown before the end of the
pinjaman, dan setiap tanggal loan drawdown period, and on
20 Maret dan 20 September untuk periode March 20 and September 20, effective after
setelah tanggal terakhir penarikan the end of the loan drawdown period. It has
pinjaman. Pembayarannya disepakati untuk been agreed that loan repayments will be
dimulai dari tahun 2021 hingga tahun 2051. made starting in 2021 and ending in 2051.
Perusahaan wajib untuk membayar bunga The Company is required to pay interest on
atas pokok pinjaman sebesar: the loan principal as follows:
● Atas kategori pekerjaan sipil dan ● For civil engineering and procurement of
pengadaan peralatan batas pinjaman equipment for drawdown amounts of
sampai dengan ¥25.579 juta atau setara ¥25,579 million, or equal to
dengan US$172.098 dikenakan bunga US$172,098, interest applies at the rate
sebesar 0,3% ditambah 0,3% per tahun. of 0.3% p.a. plus 0.3% p.a.
● Atas kategori jasa konsultan batas ● For consultation services for drawdown
pinjaman sampai dengan ¥1.387 juta amounts up to ¥1,387 million, or equal to
atau setara dengan US$9.332 US$9,332, interest applies at the rate of
dikenakan bunga sebesar 0,01% 0.01% p.a. plus 0.01% p.a.
ditambah 0,01% per tahun.
Perusahaan mulai menggunakan pinjaman The Company utilized the loan starting in
tersebut sejak Maret 2012. Jumlah March 2012. The total loan facility drawn
penggunaan dana pinjaman tersebut pada down as of December 31, 2023
tanggal 31 Desember 2023 adalah sebesar was ¥15.975 million or equivalent to
¥15.975 juta atau setara dengan US$113,353. The outstanding amount as of
US$113.353. Jumlah pinjaman yang masih December 31, 2023 was ¥13,323 million or
belum dibayarkan pada 31 Desember 2023 equivalent to US$94,533.
adalah sebesar ¥13.323 juta atau setara
dengan US$94.533.
Page 791
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/101 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2023 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2023 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
31. PERJANJIAN, KOMITMEN, DAN KONTINJENSI 31. SIGNIFICANT AGREEMENTS, COMMITMENTS
SIGNIFIKAN (lanjutan) AND CONTINGENCIES (continued)
b. Perjanjian pinjaman dengan Pertamina b. Loan arrangements with Pertamina
(lanjutan) (continued)
Perjanjian pinjaman khusus (lanjutan) Specific loan agreements (continued)
Pendanaan IBRD IBRD Funding
Pemerintah Indonesia dengan IBRD telah The Indonesian Government (the
menandatangani Perjanjian Pinjaman IBRD Government) and the IBRD have signed
No. 8082-ID dengan total pendanaan Loan Agreement IBRD No. 8082-ID
sebesar US$175.000 dan Perjanjian involving total funding of US$175,000 and a
Pinjaman Clean Technology Fund (CTF) Clean Technology Fund (“CTF”) Loan
No. TF 10407-ID dengan total pendanaan Agreement No. TF 10407-ID involving total
sebesar US$125.000. Jangka waktu funding of US$125,000. The loan drawdown
penarikan pinjaman tersebut berakhir pada terms expire on December 31, 2019.
31 Desember 2019.
Pemerintah telah menyetujui untuk The Government agreed to make the
meneruskan pendanaan dari IBRD kepada funding obtained from the IBRD to
Pertamina, dan Pertamina meneruskan Pertamina, and Pertamina has in turn made
pendanaan ini ke Perusahaan melalui such funding available to the Company
perjanjian No. 149/PGE000/2013-S0 under agreement No. 149/PGE000/2013-
beserta adendum dan No. S0 and its addendum and No.
150/PGE000/2013-S0 beserta adendum. 150/PGE000/2013-S0 and its addendum.
Pendanaan tersebut dipergunakan dalam The funding is to be used for the financing
rangka pembiayaan Geothermal Clean of Geothermal Clean Energy Investment
Energy Investment Project development Projects involving the development of the
untuk Ulubelu Unit 3 dan 4 dan Lahendong Ulubelu Units 3 and 4 and Lahendong Units
Unit 5 dan 6. 5 and 6.
Pelunasan pokok pinjaman akan dilakukan The loan principal repayments shall be
setiap setengah tahunan setiap tanggal settled on a semester basis every April 10
10 April dan 10 Oktober, dimana: and October 10, as follows:
● Pelunasan atas pendanaan IBRD ● Repayments of the IBRD US$175,000
sebesar US$175.000 dimulai tanggal funding facility are due to commence on
10 Oktober 2020 sampai dengan October 10, 2020 and end on
10 Oktober 2035. Beban bunga yang October 10, 2035. Interest charged
dikenakan atas perjanjian pinjaman ini under this financing arrangement shall
adalah Secured Overnight Financing be at the Secured Overnight Financing
Rate (“SOFR”) ditambah variable Rate (“SOFR”) plus variable spread plus
spread ditambah 0,45% per tahun. 0.45% p.a.
● Pelunasan atas fasilitas pendanaan ● Repayments of the CTF funding facility
CTF dimulai tanggal 10 Oktober 2021 are due to commence on
sampai 10 April 2051. Beban bunga October 10, 2021 and end on April 10,
yang dikenakan atas perjanjian 2051. Interest charged under the CTF
pinjaman CTF adalah 0,25% per tahun financing arrangement shall be at the
ditambah 0,25% per tahun. rate of 0.25% p.a. plus 0.25% p.a.
Page 792
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/102 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2023 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2023 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
31. PERJANJIAN, KOMITMEN, DAN KONTINJENSI 31. SIGNIFICANT AGREEMENTS, COMMITMENTS
SIGNIFIKAN (lanjutan) AND CONTINGENCIES (continued)
b. Perjanjian pinjaman dengan Pertamina b. Loan arrangements with Pertamina
(lanjutan) (continued)
2. Perjanjian pinjaman khusus (lanjutan) 2. Specific loan agreements (continued)
Pendanaan IBRD (lanjutan) IBRD Funding (continued)
Perusahaan mulai menggunakan fasilitas The Company started to utilize the IBRD
pinjaman IBRD dan CTF pada bulan facility and the CTF loan facility in October
Oktober 2014. Total penggunaan dana 2014. The total loan facilities drawdown as
pinjaman untuk tahun yang berakhir pada of December 31, 2023 were US$129,044
tanggal 31 Desember 2023 adalah sebesar under the IBRD facility and US$124,311
US$129.044 untuk fasilitas IBRD dan under the CTF facility. The total oustanding
US$124.311 untuk fasilitas CTF. Jumlah loan as of December 31, 2023 were
pinjaman yang masih belum dibayarkan US$107,894 under the IBRD facility and
pada 31 Desember 2023 adalah US$118,096 under the CTF facility.
US$107.894 untuk fasilitas IBRD dan
US$118.096 untuk fasilitas CTF.
c. Kontinjensi c. Contingencies
Pemulihan Lokasi Pasca Operasi Site Recovery After Operation
Dalam industri hulu minyak dan gas bumi, In the oil and gas industry, the contractors of the
kontraktor kontrak kerja sama (KKKS) cooperative contract (KKKS) have a legal
mempunyai kewajiban hukum untuk obligation to make provision related to post-
mencadangkan dana terkait kegiatan pemulihan operation recovery (Abandonment Site
pasca operasi Abandonment Site Restoration Restoration (ASR)) also known as restoration
(ASR) yang disebut dengan kewajiban obligation/recovery of operating area, which
restorasi/pemulihan area operasi, yang consists of demolition, displacement, as well as
diantaranya terdiri dari kegiatan pembongkaran, site restoration at the end of the contract.
pemindahan, serta pemulihan lokasi saat
berakhirnya kontrak kerjasama.
Berdasarkan UU No. 21 Tahun 2014, UU No. 11 Based on Law no. 21 of 2014, Law no. 11 of
Tahun 2020, PP No. 22 Tahun 2021 serta PP 2020, Government regulation no. 22 of 2021 and
No. 25 Tahun 2021, Perusahaan mempunyai Government regulation no. 25 of 2021, the
kewajiban untuk melakukan pemulihan Company has an obligation to perform site
lingkungan (site restoration) pada saat Izin restoration when the Geothermal Permit (IPB)
Panas Bumi (IPB) berakhir atau dikembalikan. expires or is returned. Furthermore, the
Selain itu, Perusahaan diwajibkan untuk Company is required to reserve site restoration
mencadangkan dana pemulihan lingkungan. fund.
Page 793
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/103 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2023 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2023 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
31. PERJANJIAN, KOMITMEN, DAN KONTINJENSI 31. SIGNIFICANT AGREEMENTS, COMMITMENTS
SIGNIFIKAN (lanjutan) AND CONTINGENCIES (continued)
c. Kontinjensi (lanjutan) c. Contingencies (continued)
Pemulihan Lokasi Pasca Operasi (lanjutan) Site Recovery After Operation (continued)
Namun, dengan mempertimbangkan bahwa However, considering that up to date there is no
sampai saat ini belum terdapat peraturan law regulating the deposit mechanisms,
perundang-undangan yang mengatur calculation, as well as the amount stipulation of
mekanisme penyetoran, tata cara perhitungan the Asset Retirement Obligation (ARO) for the
serta penetapan besaran dana yang mengatur Geothermal Permit (IPB) holder, therefore,
Asset Retirement Obligation (ARO) tersebut management believe that there is no provision
pada pemegang IPB, maka manajemen for Asset Retirement Obligation (ARO).
meyakini bahwa tidak terdapat provisi yang
dicadangkan atas kewajiban ARO tersebut.
Sehubungan dengan rencana pengembalian In relation to the plan of returning the Gunung
wilayah kerja Gunung Lawu, kegiatan yang Lawu working area, the activities done in the
dilakukan di wilayah kerja tersebut sejauh ini working area are still in the form of
masih berupa kajian arkelogi dan sosiologi, serta archaeological and sociological studies, and no
belum diperolehnya izin termasuk izin permit has been obtained, including
lingkungan. Dengan demikian, pada wilayah environmental permit. Thus, in Gunung Lawu
kerja Gunung Lawu, belum terdapat kegiatan working area, there is no exploration activity yet,
eksplorasi yang dapat menimbulkan dampak which have an impact on environment.
terhadap lingkungan. Oleh karena itu, Therefore, management believes that there is no
manajemen meyakini bahwa tidak terdapat environmental recovery obligation in Gunung
potensi kewajiban pemulihan lingkungan pada Lawu working are since the physical exploration
proyek wilayah kerja Gunung Lawu karena activity has not been done.
kegiatan fisik eksplorasi sampai saat ini belum
dilaksanakan.
Penyerahan Jaringan Transmisi PLTP Karaha Karaha PLTP Unit 1 Transmission Network
Unit 1 Handover
Sesuai dengan Perjanjian Jual Beli Tenaga In accordance with the Power Purchase
Listrik untuk PLTP Karaha Antara Perusahaan Agreement for the Karaha Geothermal Power
dan PLN No. 199c/PGE000/2011-S0/127 - Plant between the Company and PLN No.
PJ/040/DIR/2011, tanggal 11 Maret 2011, pada 199c/PGE000/2011-S0/127 - PJ/040/DIR/2011,
Pasal 4.2.1 disampaikan bahwa Perusahaan dated March 11, 2011, Article 4.2.1 stipulates
sebagai penjual wajib membiayai dan that, the Company as the seller, is obligated to
membangun jaringan transmisi. Selanjutnya finance and construct the transmission network.
Perusahaan akan menyerahkan jaringan Subsequently, the Company will deliver that
transmisi tersebut beserta tanah untuk tapak transmission network, along with the land for
tower kepada PLN selambat-lambatnya 30 (tiga tower placement, to PLN no later than 30 (thirty)
puluh) hari setelah tanggal operasi komersial. days after the commercial operation date.
Page 794
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/104 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2023 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2023 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
31. PERJANJIAN, KOMITMEN, DAN KONTINJENSI 31. SIGNIFICANT AGREEMENTS, COMMITMENTS
SIGNIFIKAN (lanjutan) AND CONTINGENCIES (continued)
c. Kontinjensi (lanjutan) c. Contingencies (continued)
Penyerahan Jaringan Transmisi PLTP Karaha Karaha PLTP Unit 1 Transmission Network
Unit 1 (lanjutan) Handover (continued)
Pada tanggal 16 Agustus 2023, dalam Joint On August 16, 2023, during the Joint Committee
Committee Meeting (“JCM”), pihak PLN Meeting ("JCM"), PLN expressed a commitment
menyatakan komitmen bahwa penyerahan that the transmission handover fulfills the
transmisi merupakan pemenuhan PJBL kedua obligations of both parties under the Power
belah pihak. Pihak PLN menyambut terbuka untuk Purchase Agreement ("PPA"). PLN is open to
dilakukan pembahasan dan tindak lanjut sampai discussion and follow-up actions until the process
dengan proses serah terima asset ini memenuhi of transferring this asset meets the provisions
ketentuan yang diatur di Power Purchasing outlined in the Power Purchasing Agreement
Agreement (“PPA”). ("PPA").
Sampai dengan tanggal laporan keuangan As of the issuance date of this consolidated
konsolidasian ini diterbitkan, proses penyerahan financial report, the transmission handover process
transmisi masih dalam tahap pembahasan tindak is still in the stage of follow-up discussions with
lanjut dengan PLN. PLN.
32. INFORMASI SEGMEN 32. SEGMENT INFORMATION
Grup mengklasifikasikan dan mengevaluasi informasi The Group classifies and evaluates its financial
keuangan mereka menjadi pelaporan segmen usaha information into reportable operating segments which
yang dikelompokkan menjadi dua (2) kegiatan are grouped into two (2) operational activities and into
operasional dan pelaporan segmen geografis yang reportable geographic segment which are grouped into
dikelompokkan menjadi enam (6) lokasi: six (6) location:
a) Segmen Usaha a) Operating Segment
Grup bergerak di kegiatan operasional sebagai The Group is engaged in the following operational
berikut: activities:
i. Operasi sendiri i.Own operations
ii. Kontrak Operasi Bersama (KOB) dengan PLN ii.Joint Operating Contracts (JOCs) with PLN
Segmen Penjualan KOB ke PLN memiliki aset JOC sales to PLN segment has identifiable assets
yang dapat dialokasikan berupa piutang usaha. in the form of account receivables. Whereas, the
Sedangkan untuk liabilitas yang dapat identifiable liabilities are in the form of account
diatribusikan berupa utang usaha. Aset lainnya dan payables. The other assets and other liabilities
liabilitas lainnya seperti kas dan pinjaman dikelola such as cash and loan are managed centrally
secara terpusat melalui kantor pusat. through head office.
b) Segmen Geografis b) Geographic Segment
Ringkasan berikut ini menggambarkan segmen The following summary describes the operating
operasi berdasarkan lokasi geografis dimana Grup segments based on the geographical location
melakukan kegiatan operasional: where the Group conducts operations:
i. Kamojang i. Kamojang
ii. Lahendong ii. Lahendong
iii. Ulubelu iii. Ulubelu
iv. Karaha iv. Karaha
v. Lumut Balai v. Lumut Balai
vi. Segmen lain vi. Other segments
Informasi mengenai segmen yang dilaporkan dan Information about reportable segments and
rekonsiliasi antara ukuran segmen dengan jumlah reconciliation between segment measures and the
yang diakui dalam laporan keuangan konsolidasian amounts recognized in the consolidated financial
adalah sebagai berikut: statements are as follows:
Page 795
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/105 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2023 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2023 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
32. INFORMASI SEGMEN (lanjutan) 32. SEGMENT INFORMATION (continued)
b) Segmen Geografis (lanjutan) b) Geographic Segment (continued)
31 Desember / December 31, 2023
Segmen Lain/
Lumut Other
Kamojang Lahendong Ulubelu Karaha Balai Segment Total
Pendapatan usaha 151.511 83.883 120.182 9.388 41.324 - 406.288 Revenue
Beban pokok pendapatan Cost of revenue
dan biaya langsung lainnya (36.623) (37.827) (54.637) (16.242) (31.229) (2.419) (178.977) and other direct cost
Laba bruto 114.888 46.056 65.545 (6.854) 10.095 (2.419) 227.311 Gross profit
General and administrative
Beban umum dan administrasi (2.005) (1.077) (1.384) (260) (780) (20) (5.526) expenses
Pendapatan keuangan 8.268 4.578 6.558 512 2.255 - 22.171 Finance income
Pendapatan/(beban) Other
lain-lain, bersih 7.913 4.381 6.277 491 2.158 - 21.220 income/(expenses),net
Laba usaha 129.064 53.938 76.996 (6.111) 13.728 (2.439) 265.176 Operating profit
Beban keuangan (4.257) (4.184) (6.723) (2.608) (6.443) - (24.215) Finance cost
Laba/(rugi) sebelum Profit/(loss) before income
beban pajak penghasilan 124.807 49.754 70.273 (8.719) 7.285 (2.439) 240.961 tax expense
Beban pajak penghasilan (38.311) (15.273) (21.571) - (2.236) - (77.391) Income tax expense
Laba/(rugi) tahun berjalan 86.496 34.481 48.702 (8.719) 5.049 (2.439) 163.570 Profit/(loss) for the year
Informasi lain Other informations
Aset segmen 178.242 297.720 490.978 166.617 531.172 563.762 2.228.491 Segment’s assets
Aset yang tidak dapat dialokasikan 735.651 Unallocated assets
Total aset konsolidasian 2.964.142 Total consolidated assets
Liabilitas segmen 18.877 112.798 232.329 42.557 264.411 267.323 938.295 Segment’s liabilities
Liabilitas yang tidak dapat dialokasikan 54.590 Unallocated liabilites
Total liabilitas konsolidasian 992.885 Total consolidated liabilites
Beban penyusutan (16.332) (23.479) (37.828) (11.916) (21.076) - (110.631) Depreciation expense
Penambahan aset tetap 16.787 13.423 35.017 8.411 42.482 31.558 147.678 Fixed asset additions
31 Desember/December 31, 2022
Segmen Lain/
Lumut Other
Kamojang Lahendong Ulubelu Karaha Balai Segment Total
Pendapatan usaha 145.993 82.936 112.073 7.054 38.012 - 386.068 Revenue
Beban pokok pendapatan Cost of revenue
dan biaya langsung lainnya (37.299) (35.360) (54.738) (15.437) (30.021) (353) (173.208) and other direct cost
Laba bruto 108.694 47.576 57.335 (8.383) 7.991 (353) 212.860 Gross profit
General and administrative
Beban umum dan administrasi (4.404) (2.484) (3.494) (251) (1.166) (2) (11.801) expenses
Pendapatan keuangan 455 258 349 22 118 - 1.202 Finance income
Pendapatan/(beban)
lain-lain, bersih 2.766 1.574 2.127 134 721 - 7.322 Other income/(expenses),net
Laba usaha 107.511 46.924 56.317 (8.478) 7.664 (355) 209.583 Operating profit
Beban keuangan (1.126) (1.862) (7.038) (1.266) (3.530) - (14.822) Finance cost
Laba/(rugi) sebelum Profit/(loss) before income
beban pajak penghasilan 106.385 45.062 49.279 (9.744) 4.134 (355) 194.761 tax expense
Beban pajak penghasilan (35.807) (14.615) (16.124) - (896) - (67.442) Income tax expense
Laba/(rugi) tahun berjalan 70.578 30.447 33.155 (9.744) 3.238 (355) 127.319 Profit/(loss) for the year
Informasi lain Other informations
Aset segmen 176.613 304.320 479.064 158.306 502.917 541.288 2.162.508 Segment’s assets
Aset yang tidak dapat dialokasikan 312.630 Unallocated assets
Total aset konsolidasian 2.475.138 Total consolidated assets
Liabilitas segmen 20.888 51.323 100.565 51.647 517.527 430.527 1.172.477 Segment’s liabilities
Liabilitas yang tidak dapat dialokasikan 47.120 Unallocated liabilites
Total liabilitas konsolidasian 1.219.597 Total consolidated liabilites
Beban penyusutan (14.908) (20.251) (37.502) (11.384) (20.658) (107.029) (211.732) Depreciation expense
Penambahan aset tetap 5.013 10.584 14.713 4.880 6.947 7.083 49.220 Fixed asset additions
Page 796
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/106 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2023 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2023 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
32. INFORMASI SEGMEN (lanjutan) 32. SEGMENT INFORMATION (continued)
c) Segmen Geografis (lanjutan) c) Geographic Segment (continued)
Segmen Kamojang, Lahendong, Ulubelu, Kamojang, Lahendong, Ulubelu, Karaha, Lumut
Karaha, Lumut Balai dan Segmen lain memiliki Balai and Other segment have identifiable
aset yang dapat dialokasikan berupa: aset tetap, assets in the form of: fixed assets, inventories,
persediaan dan piutang usaha. Sedangkan and account receivables. Whereas, the
untuk liabilitas yang dapat diatribusikan berupa identifiable liabilities are in the form of account
utang usaha dan beban yang masih harus payables and accrued expenses. The other
dibayar. Aset lainnya dan liabilitas lainnya assets and other liabilities such as cash and loan
seperti kas dan pinjaman dikelola secara are managed centrally through head office.
terpusat melalui kantor pusat.
Untuk wilayah kerja panas bumi yang belum For geothermal working area that are not yet
beroperasi, yaitu Hululais, Bukit Daun, Sungai operated, namely Hululais, Bukit Daun, Sungai
Penuh, Kotamobagu, dan Seulawah, aset Penuh, Kotamobagu, and Seulawah, the
segmennya masih dikelola oleh kantor pusat, segment’s assets are still managed by the head
sehingga disajikan sebagai bagian dari segmen office, so they are reported as parts of other
lain. segment.
Tidak terdapat transaksi antar segmen pada There are no inter-segment transactions in the
segmen operasi Grup. Group's operating segments.
Untuk wilayah kerja panas bumi yang dihentikan For the discontinued geothermal working area
operasinya yaitu Sibayak disajikan sebagai namely Sibayak, it is reported as a part of other
bagian dari segmen lain. segments.
33. ASET DAN LIABILITAS KEUANGAN DALAM 33. FINANCIAL ASSETS AND LIABILITIES IN
MATA UANG ASING FOREIGN CURRENCIES
Grup memiliki aset dan liabilitas dalam mata uang The Group has assets and liabilities denominated in
asing dengan rincian sebagai berikut (dalam satuan foreign currencies as follows (in full amounts):
penuh):
31 Desember/December, 31 2023
Rupiah Yen Euro Pound USD
Aset keuangan Financial assets
Kas dan setara kas 39.050.907.766 - 706.914 - 674.402.549 Cash and cash equivalents
Piutang usaha Trade receivables
- Pihak yang berelasi - - - - 132.273.373 Related parties -
- Pihak ketiga - - - - 4.017.795 Third parties -
Piutang lain-lain Other receivables
- Pihak yang berelasi 170.382.682.609 - - - 2.640.131 Related parties -
- Pihak ketiga 1.562.884.902 - - - - Third parties -
Aset keuangan yang dinilai
pada nilai wajar melalui Financial assets at
penghasilan komperehensif fair value through other
lain 48.000.000 - - - 28.999.830 comprehensive income
211.044.475.277 - 706.914 - 842.333.678
Liabilitas Keuangan Financial liabilities
Utang usaha Trade payables
- Pihak yang berelasi (67.254.558.611) - - - (186.853) Related parties -
- Pihak ketiga (125.626.067.760) - - - (69.840.053) Third parties -
Utang lain-lain Other payables
- Pihak yang berelasi (77.917.672.469) (308.138.702) - - (18.717.556) Related parties -
Utang Obligasi Bonds Payable
Pinjaman jangka panjang (398.236.173) Long-term loans
- Pihak yang berelasi - (13,322,956,945) - - (235,989,616) Related party -
Biaya yang masih
harus dibayar (541.346.650.903) (22.961.787) (192.987) - (47.893.421) Accrued expenses
Liabilitas sewa (31.231.860.645) - - - - Lease Liabilities
(843.376.810.388) (13.654.057.434) (192.987) - (770.863.672)
Aset/(liabilitas) neto (632.332.335.111) (13.654.057.434) 513.927 - 71.470.006 Net asset/(liabilities)
Page 797
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/107 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2023 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2023 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
33. ASET DAN LIABILITAS KEUANGAN DALAM 33. FINANCIAL ASSETS AND LIABILITIES IN
MATA UANG ASING (lanjutan) FOREIGN CURRENCIES (continued)
31 Desember/December, 31 2022
Rupiah Yen Euro USD
Aset keuangan Financial assets
Kas dan setara kas 43.853.117.065 - 706.942 258.731.486 Cash and cash equivalents
Piutang usaha Trade receivables
- Pihak yang berelasi - - - 120.124.714 Related parties -
- Pihak ketiga - - - 3.098.014 Third parties -
Piutang lain-lain Other receivables
- Pihak yang berelasi 168.978.829.240 - - 33.019 Related parties -
- Pihak ketiga 474.175.534 - - - Third parties -
Aset keuangan yang dinilai
pada nilai wajar melalui Financial assets at
penghasilan komperehensif fair value through other-
lain - - - 23.841.367 comprehensive income
213.306.121.839 - 706.942 405.828.600
Liabilitas keuangan Financial liabilities
Utang usaha Trade payables
- Pihak yang berelasi (27.815.288.307) - - (39.738) Related parties -
- Pihak ketiga (118.977.191.063) (3.234.917) - (56.119.324) Third parties -
Utang lain-lain Other payables
- Pihak yang berelasi (77.463.057.527) (308.138.702) - (88.252.996) Related parties -
Pinjaman jangka panjang Long-term loans
- Pihak yang berelasi - (13.026.692.692) - (245.366.813) Related party -
Biaya yang masih
harus dibayar (799.986.239.654) (20.284.170) (71.590) (14.404.022) Accrued expenses
(1.024.241.776.551) (13.358.350.481) (71.590) (404.182.893)
Aset/(liabilitas) neto (810.935.654.712) (13.358.350.481) 635.352 1.645.707 Net asset/(liabilities)
34. PERUBAHAN LIABILITAS YANG TIMBUL DARI 34. CHANGES IN LIABILITIES ARISING FROM
AKTIVITAS PENDANAAN FINANCING ACTIVITIES
31 Desember/ 31 Desember/
December 31, December 31,
2023 2022
Pinjaman Bank Bank loans
Saldo awal 600.000 600.000 Beginning balance
Arus kas: Cash flow:
- Jangka Pendek (600.000) - Short-term -
Perubahan non-kas: Non-cash changes:
- Jangka Pendek 600.000 Short-term -
- Jangka Panjang - (600.000) Long-term -
Saldo akhir (Catatan 16) - 600.000 Ending balance (Note 16)
Utang Obligasi Bonds Payable
Saldo awal - - Beginning balance
Arus kas: Cash flow:
- Utang Obligasi 399.737 - Bonds payable -
Perubahan non-kas: Non-cash changes:
- Beban transaksi yang ditangguhkan Deferred transaction costs -
dikurangi akumulasi amortisasi (1.501) - amortization net of accumulated
Saldo akhir (Catatan 17) 398.236 - Ending balance (Note 17)
Page 798
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/108 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2023 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2023 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
34. PERUBAHAN LIABILITAS YANG TIMBUL DARI 34. CHANGES IN LIABILITIES ARISING FROM
AKTIVITAS PENDANAAN (lanjutan) FINANCING ACTIVITIES (continued)
31 Desember/ 31 Desember/
December 31, December 31,
2023 2022
Pinjaman jangka Panjang Long-term loans
Saldo awal 343.593 354.382 Beginning balance
Arus kas: Cash flow:
- Pinjaman khusus (10.695) (15.270) Spesific loan -
Perubahan non-kas: Non-cash changes:
- Pinjaman khusus 8.381 17.231 Specific loan -
- Selisih kurs (10.696) (12.750) Foreign exchange -
Saldo akhir (Catatan 26j) 330.583 343.593 Ending balance (Note 26j)
Utang lain-lain - Pertamina Other payables - Pertamina
Saldo awal 27.029 26.423 Beginning balance
Arus kas: Cash flow:
- Bunga - - Interest -
Perubahan non-kas: Non-cash changes:
- Beban bunga - - Interest expense -
- Lain-lain (1.468) 606 Others -
Saldo akhir (Catatan 26i) 25.561 27.029 Ending balance (Note 26i)
35. AKTIVITAS YANG TIDAK MEMPENGARUHI 35. ACTIVITIES NOT AFFECTING CASH FLOWS
ARUS KAS
31 Desember/ 31 Desember/
December 31, December 31,
2023 2022
Penambahan aset Geothermal property
panas bumi yang berasal dari additions resulting from
- Pinjaman khusus 5.242 17.231 Specific loan -
- Kapitalisasi biaya Capitalization of -
bunga pinjaman 12.264 6.461 borrowing costs
Transaksi non kas adalah perolehan aset berupa The non-cash transaction is acquisition of assets
kendaraan dan gedung melalui mekanisme sewa which are vehicles and building through lease
sebagaimana yang telah dijabarkan dalam Catatan mechanism as discussed in Note 10.
10.
36. STANDAR AKUNTANSI YANG TELAH 36. ACCOUNTING STANDARDS ISSUED BUT NOT
DITERBITKAN NAMUN BELUM BERLAKU YET EFFECTIVE
EFEKTIF
Standar akuntansi yang telah diterbitkan sampai The accounting standards that have been issued up
tanggal penerbitan laporan keuangan konsolidasian to the date of issuance of the Group’s consolidated
Grup namun belum berlaku efektif, diungkapkan di financial statements, but not yet effective, are
bawah ini. Manajemen bermaksud untuk disclosed below. The management intends to adopt
menerapkan standar-standar tersebut yang these standards that are considered relevant to the
dipertimbangkan relevan terhadap Grup pada saat Group when they become effective, and the impact to
efektif, dan dampaknya terhadap posisi dan kinerja the consolidated financial position and performance
keuangan konsolidasian Grup masih dievaluasi pada of the Group is still being evaluated as of February
tanggal 29 Februari 2024: 29, 2024:
Page 799
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/109 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2023 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2023 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
36. STANDAR AKUNTANSI YANG TELAH 36. ACCOUNTING STANDARDS ISSUED BUT NOT
DITERBITKAN NAMUN BELUM BERLAKU YET EFFECTIVE (continued)
EFEKTIF (lanjutan)
Mulai efektif pada atau setelah tanggal 1 Januari Effective beginning on or after January 1, 2024
2024
Pilar Standar Akuntansi Keuangan Financial Accounting Standards Pillars
Standar ini memberikan persyaratan dan pedoman These standards provides requirements and
bagi entitas untuk menerapkan standar akuntansi guidelines for entities to apply the correct financial
keuangan yang benar dalam menyusun laporan accounting standards in preparing general purpose
keuangan bertujuan umum. Akan ada 4 (empat) financial statements. There will be 4 (four) financial
standar akuntansi keuangan yang saat ini diterapkan accounting standards that are currently applied in
di Indonesia, yaitu: Indonesia, namely:
1) Pilar 1 Standar Akuntansi Keuangan 1) Pillar 1 International Financial Accounting
Internasional, Standards,
2) Pilar 2 Standar Akuntansi Keuangan Indonesia 2) Pillar 2 Indonesian Financial Accounting
(PSAK), Standards (PSAK),
3) Pilar 3 Standar Akuntansi Keuangan Indonesia 3) Pillar 3 Indonesian Financial Accounting
untuk Entitas Swasta/Standar Akuntansi Standards for Private Entities/Indonesian
Keuangan Indonesia untuk Entitas Tanpa Financial Accounting Standards for Entities
Akuntabilitas Publik, dan without Public Accountability, and
4) Pilar 4 Standar Akuntansi Keuangan Indonesia 4) Pillar 4 Indonesian Financial Accounting
untuk Entitas Mikro Kecil dan Menengah. Standards for Micro Small and Medium Entities.
Standar Akuntansi Keuangan Internasional International Financial Accounting Standard
Standar ini merupakan adopsi penuh dari This standard is a full-adoption of International
International Financial Reporting Standards (“IFRS”) Financial Reporting Standards (“IFRS”) which is
yang diterjemahkan kata demi kata dan tidak ada translated in a word-for-word basis and there is no
modifikasi dari Standar IFRS, termasuk tanggal modifications from IFRS Standards, including the
efektifnya. Entitas yang memenuhi persyaratan effective date. Entities that meet the requirements can
dapat menerapkan standar ini, sejak tanggal efektif. apply this standard, from the effective date.
Nomenklatur Standar Akuntansi Keuangan Financial Accounting Standards Nomenclature
Standar ini ini mengatur penomoran baru untuk This standard regulates the new numbering for
standar akuntansi keuangan yang berlaku di financial accounting standards applicable in
Indonesia yang diterbitkan oleh DSAK IAI. Indonesia issued by DSAK IAI.
Amandemen PSAK 1: Liabilitas Jangka Panjang Amendment of SFAS 1: Non-current Liabilities with
dengan Kovenan Covenants
Amandemen ini menentukan persyaratan untuk The amendments specify the requirements for
mengklasifikasikan suatu liabilitas sebagai jangka classifying liabilities as current or non-current and
pendek atau jangka panjang dan menjelaskan: clarify:
1) hal yang dimaksud sebagai hak untuk 1) what is meant by a right to defer settlement,
menangguhkan pelunasan,
2) hak untuk menangguhkan pelunasan harus ada 2) the right to defer must exist at the end of the
pada akhir periode pelaporan, reporting period,
3) klasifikasi tersebut tidak dipengaruhi oleh 3) classification is not affected by the likelihood that
kemungkinan entitas akan menggunakan hakya an entity will exercise its deferral right, and
untuk menangguhkan liabilitas, dan
4) hanya jika derivatif melekat pada liabilitas 4) only if an embedded derivative in a convertible
konversi tersebut adalah suatu instrumen liability is an equity instrument would the terms
ekuitas, maka syarat dan ketentuan dari suatu and conditions of a liability will not impact its
liabilitas konversi tidak akan berdampak pada classification.
klasifikasinya.
Page 800
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/110 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2023 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2023 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
36. STANDAR AKUNTANSI YANG TELAH 36. ACCOUNTING STANDARDS ISSUED BUT NOT
DITERBITKAN NAMUN BELUM BERLAKU YET EFFECTIVE (continued)
EFEKTIF (lanjutan)
Mulai efektif pada atau setelah tanggal 1 Januari Effective beginning on or after January 1, 2024
2024 (lanjutan) (continued)
Selain itu, persyaratan telah diperkenalkan untuk In addition, a requirement has been introduced to
mewajibkan pengungkapan ketika suatu kewajiban require disclosure when a liability arising from a
timbul dari pinjaman perjanjian diklasifikasikan loan agreement is classified as non-current and the
sebagai tidak lancar dan hak entitas untuk menunda entity’s right to defer settlement is contingent on
penyelesaian bergantung pada kepatuhan terhadap compliance with future covenants within twelve
persyaratan di masa depan dalam waktu dua belas months.
bulan.
Amendemen tersebut berlaku efektif untuk periode The amendments are effective for annual reporting
pelaporan tahunan yang dimulai pada atau setelah 1 periods beginning on or after January 1, 2024
Januari 2024 secara retrospektif dengan penerapan retrospectively with early adoption permitted.
dini diperkenankan.
Amandemen PSAK 73: Liabilitas Sewa dalam Jual Amendment to SFAS 73: Lease Liability in a Sale
Beli dan Sewa-balik and Leaseback
Amandemen PSAK 73 Sewa menetapkan The amendment to PSAK 73 Leases specifies the
persyaratan yang digunakan penjual-penyewa dalam requirements that a seller-lessee uses in
mengukur kewajiban sewa yang timbul dalam measuring the lease liability arising in a sale and
transaksi jual beli dan sewa-balik, untuk memastikan leaseback transaction, to ensure the seller-lessee
penjual-penyewa tidak mengakui jumlah setiap does not recognise any amount of the gain or loss
keuntungan atau kerugian yang terkait dengan hak that relates to the right of use it retains.
guna yang dipertahankan.
Grup saat ini sedang menilai dampak dari The Group is currently assessing the impact of the
amandemen tersebut untuk menentukan dampaknya amendment to determine the impact they will have
terhadap pelaporan keuangan Grup. on the Group’s financial reporting.
Amandemen berlaku secara retrospektif untuk The amendment applies retrospectively to annual
periode pelaporan tahunan yang dimulai pada atau reporting periods beginning on or after January 1,
setelah 1 Januari 2024. Penerapan dini 2024. Earlier application is permitted.
diperkenankan.
Amandemen PSAK 2 dan PSAK 60: Pengaturan Amendment of PSAK 2 and PSAK 60: Supplier
Pembiayaan Pemasok Finance Arrangements
Amandemen PSAK 2 dan PSAK 60 mengklarifikasi The amendments to PSAK 2 and PSAK 60 clarify
karakteristik pengaturan pembiayaan pemasok dan the characteristics of supplier finance
mensyaratkan pengungkapan tambahan atas arrangements and require additional disclosure of
pengaturan pembiayaan pemasok tersebut. such arrangements. The disclosure requirements
Persyaratan pengungkapan dalam amandemen ini in the amendments are intended to assist users of
dimaksudkan untuk membantu pengguna laporan financial statements in understanding the effects of
keuangan dalam memahami dampak pengaturan supplier finance arrangements on an entity’s
pembiayaan pemasok terhadap liabilitas, arus kas, liabilities, cash flows and exposure to liquidity risk.
dan eksposur terhadap risiko likuiditas suatu entitas.
Amandemen ini akan berlaku efektif untuk periode The amendments will be effective for annual
pelaporan tahunan yang dimulai pada atau setelah 1 reporting periods beginning on or after January 1,
Januari 2024. Penerapan dini diperkenankan, namun 2024. Early adoption is permitted, but will need to
perlu diungkapkan. be disclosed.
Page 801
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/111 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2023 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2023 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
36. STANDAR AKUNTANSI YANG TELAH 36. ACCOUNTING STANDARDS ISSUED BUT NOT
DITERBITKAN NAMUN BELUM BERLAKU YET EFFECTIVE (continued)
EFEKTIF (lanjutan)
Mulai efektif pada atau setelah tanggal 1 Januari Effective beginning on or after January 1, 2025
2025
PSAK 74: Kontrak Asuransi PSAK 74: Insurance Contracts
Standar akuntansi baru yang komprehensif untuk A comprehensive new accounting standard for
kontrak asuransi yang mencakup pengakuan dan insurance contracts covering recognition and
pengukuran, penyajian dan pengungkapan, pada saat measurement, presentation and disclosure, upon its
berlaku efektif PSAK 74 akan menggantikan PSAK 62: effective date, PSAK 74 will replace PSAK 62:
Kontrak Asuransi. PSAK 74 berlaku untuk semua jenis Insurance Contracts. PSAK 74 applies to all types of
kontrak asuransi, jiwa, non-jiwa, asuransi langsung insurance contracts, life, non-life, direct insurance
dan reasuransi, terlepas dari entitas yang and re-insurance, regardless of the entities issuing
menerbitkannya, serta untuk jaminan dan instrumen them, as well as to certain guarantees and financial
keuangan tertentu dengan fitur partisipasi tidak instruments with discretionary participation features,
mengikat, serta beberapa pengecualian ruang lingkup while a few scope exceptions will apply. The overall
akan berlaku. Tujuan keseluruhan dari PSAK 74 objective of PSAK 74 is to provide an accounting
adalah untuk menyediakan model akuntansi untuk model for insurance contracts that is more useful and
kontrak asuransi yang lebih bermanfaat dan konsisten consistent for insurers.
untuk asuradur.
PSAK 74 berlaku efektif untuk periode pelaporan PSAK 74 is effective for reporting periods beginning
yang dimulai pada atau setelah tanggal 1 Januari on or after January 1, 2025, with comparative figures
2025, dengan mensyaratkan angka komparatif. required. Early application is permitted, provided the
Penerapan dini diperkenankan bila entitas juga entity also applies PSAK 71 and PSAK 72 on or
menerapkan PSAK 71 dan PSAK 72 pada atau before the date of initial application of PSAK 74.
sebelum tanggal penerapan awal PSAK 74.
37. PERISTIWA-PERISTIWA SETELAH PERIODE 37. EVENTS AFTER THE REPORTING DATE
PELAPORAN
Pergantian Direksi Perusahaan Company Director Changes
Mengacu kepada Risalah Rapat Umum Pemegang Referring to the Minutes of the Extraordinary General
Saham Luar Biasa pada tanggal 12 Februari 2024 Meeting of Shareholders on February 12, 2024,
yang sudah disahkan dalam Akta Notaris Nomor 12 which was ratified in Notarial Deed Number 12 of
tahun 2024 didepan Notaris 2024 in front of a Notary Ir. Nanette Cahyanie, PT
Ir. Nanette Cahyanie, Keputusan Pemegang Saham Pertamina Geothermal Energy Tbk Shareholder
PT Pertamina Geothermal Energy Tbk menetapkan Decree appointed Yurizki Rio as Finance Director so
Yurizki Rio sebagai Direktur Keuangan sehingga that the composition of the Company's Board of
susunan Dewan Komisaris dan Direksi Perusahaan Commissioners and Directors is as follows:
menjadi sebagai berikut:
Dewan Komisaris: Board of Commissioners:
Komisaris Utama/Independen Sarman Simanjorang President/Independent Commissioner
Komisaris Harris Commissioner
Komisaris Dannif Danusaputro Commissioner
Komisaris Independen Sujit S. Parhar Independent Commissioner
Direksi: Board of Directors:
Direktur Utama Yulfi Hadi President Director
Direktur Operasi Ahmad Yani Operations Director
Direktur Eksplorasi Exploration and
dan Pengembangan Rachmat Hidajat Development Director
Direktur Keuangan Yurizki Rio Finance Director
Page 802
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/112 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2023 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2023 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
37. PERISTIWA-PERISTIWA SETELAH PERIODE 37. EVENTS AFTER THE REPORTING DATE
PELAPORAN (lanjutan) (continued)
Perjanjian Pemegang Saham Perusahaan Ventura Joint Venture Shareholders Agreement
Bersama
Sebagai tindak lanjut atas pembentukan ventura As a follow-up to the formation of a joint venture, on
bersama, pada tanggal 4 Januari 2024, Grup January 4, 2024, the Group together with Chevron
bersama dengan Chevron New Energies Holdings New Energies Holdings Indonesia Ltd. And PT
Indonesia Ltd. Dan PT Cahaya Anagata Energy Cahaya Anagata Energy made a shareholder
membuat perjanjian pemegang saham yang berisi agreement containing the operational arrangements
tentang pengaturan operasional PT Cahaya for PT Cahaya Anagata Energy together with the
Anagata Energy bersama dengan para pihak. parties.
Page 803
referensi
silang
cross reference
elevate Laporan Tahunan 2023 Annual Report 803
Page 804
referensi seojk no 16/seojk.04/2021 tentang bentuk dan
isi laporan tahunan emiten atau perusahaan publik
reference of circular of the financial services authority number
16/seojk.04/2021 on forms and contents of issuer’s or public listed
company’s annual report
Keterangan Halaman Description
Laporan Tahunan paling sedikit memuat informasi Annual Report should contain at least the following
1. 1.
mengenai: information:
a. Ikhtisar data keuangan penting 4 a. Summary of key financial information
b. Informasi saham (jika ada) 4 b. Stock information (if any)
c. Laporan Direksi 4 c. The Board of Directors report
d. Laporan Dewan Komisaris 4 d. The Board of Commissioners report
e. Profil Emiten atau Perusahaan Publik 4 e. Profile of Issuer or Public Company
f. Analisis dan pembahasan manajemen 4 f. Management discussion and analysis
Corporate governance applied by the Issuer
g. Tata kelola Emiten atau Perusahaan Publik 4 g.
or Public Company
Tanggung jawab sosial dan lingkungan Emiten Corporate social and environmental
h. 4 h.
atau Perusahaan Publik responsibility of the Issuer or Public Company
i. Laporan keuangan tahunan yang telah diaudit 4 i. Audited annual report
Surat pernyataan anggota Direksi dan anggota Statement that the Board of Directors and the
j. Dewan Komisaris tentang tanggung jawab atas 4 j. Board of Commissioners are fully responsible
Laporan Tahunan for the Annual Report
2. Uraian Isi Laporan Tahunan 2. Description of Content of Annual Report
a. Ikhtisar Data Keuangan Penting 16 - 18 a. Summary of Key Financial Information
Ikhtisar Data Keuangan Penting memuat Summary of Key Financial Information
informasi keuangan yang disajikan dalam contains financial information presented in
bentuk perbandingan selama 3 (tiga) tahun comparison with previous 3 (three) fiscal
buku atau sejak memulai usahanya jika Emiten years or since commencement of business
atau Perusahaan Publik tersebut menjalankan if the Issuers or the Public Company
kegiatan usahanya kurang dari 3 (tiga) tahun, commencing the business less than 3 (three)
paling sedikit memuat: years, at least contain:
Pendapatan/penjualan 16 1) Income/sales
Laba bruto 16 2) Gross profit
3) Laba (rugi) 16 3) Profit (loss)
Jumlah laba (rugi) yang dapat Total profit (loss) attributable to
4) diatribusikan kepada pemilik entitas 16 4) equity holders of the parent entity
induk dan kepentingan non pengendali and noncontrolling interest
804 elevate Laporan Tahunan 2023 Annual Report
Page 805
5) Total laba (rugi) komprehensif 16 5) Total comprehensive profit (loss)
Jumlah laba (rugi) komprehensif yang Total comprehensive profit (loss)
dapat diatribusikan kepada pemilik attributable to equity holders of the
6) 16 6)
entitas induk dan kepentingan non parent entity and non controlling
pengendali interest
7) Laba (rugi) per saham 17 7) Earning (loss) per share
8) Jumlah aset 16 8) Total assets
9) Jumlah liabilitas 16 9) Total liabilities
10) Jumlah ekuitas 16 10) Total equities
11) Rasio laba (rugi) terhadap jumlah aset 18 11) Profit (loss) to total assets ratio
12) Rasio laba (rugi) terhadap ekuitas 18 12) Profit (loss) to equities ratio
Rasio laba (rugi) terhadap
13) 18 13) Profit (loss) to income ratio
pendapatan/ penjualan
14) Rasio lancar 18 14) Current ratio
15) Rasio liabilitas terhadap ekuitas 18 15) Liabilities to equities ratio
16) Rasio liabilitas terhadap jumlah aset 18 16) Liabilities to total assets ratio
Informasi dan rasio keuangan lainnya Other information and financial
17) yang relevan dengan Emiten atau 18 17) ratios relevant to the Issuer or Public
Perusahaan Publik dan jenis industrinya Company and type of Industry.
b. Informasi Saham b. Stock Information
Informasi Saham (jika ada) paling sedikit
Stock Information (if any) at least contains:
memuat:
Saham yang telah diterbitkan untuk
setiap masa triwulan (jika ada) yang Shares issued for each three-month
1. disajikan dalam bentuk perbandingan 20 - 21 1. period in the last 2 (two) fiscal
selama 2 (dua) tahun buku terakhir, years (if any), at least covering:
paling sedikit meliputi:
a) Jumlah saham yang beredar 20 - 21 a) Number of outstanding shares
b) Market capitalization based
b) Kapitalisasi pasar berdasarkan
on the price at the Stock
harga pada Bursa Efek tempat 20 - 21
Exchange where the shares
saham dicatatkan
listed on
c) Harga saham tertinggi, terendah, c) Highest share price, lowest
dan penutupan berdasarkan harga share price, closing share price
20 - 21
pada Bursa Efek tempat saham at the Stock Exchange where
dicatatkan the shares listed on
d) Share volume at the Stock
d) Volume perdagangan pada Bursa
20 - 21 Exchange where the shares
Efek tempat saham dicatatkan
listed on
Information in point a) should be
Informasi pada huruf a) diungkap oleh
disclosed by the Issuer, the public
Emiten yang merupakan Perusahaan
company whose shares is listed or
Terbuka yang sahamnya tercatat
not listed in the Stock Exchange
maupun tidak tercatat di Bursa Efek.
- Information in point b), point c),
Informasi pada huruf b), c), dan huruf
and point d) only be disclosed
d) hanya diungkapkan jika Emiten
if the Issuer is a public company
merupakan Perusahaan Terbuka dan
whose shares is listed in the Stock
sahamnya tercatat di Bursa Efek
Exchange
elevate Laporan Tahunan 2023 Annual Report 805
Page 806
Dalam hal terjadi aksi korporasi,
In the event of corporate actions,
seperti pemecahan saham (stock
including stock split, reverse stock,
split), penggabungan saham (reverse
12 - 13 dividend, bonus share, and change
stock), dividen saham, saham bonus,
2. 20 - 21 2. in par value of shares, then the
dan perubahan nilai nominal saham,
166 share price referred to in point 1),
informasi saham sebagaimana
should be added with explanation
dimaksud pada angka 1) ditambahkan
on:
penjelasan paling sedikit mengenai:
12 - 13
a) Tanggal pelaksanaan aksi
20 - 21 a) Date of corporate action
korporasi
166
b) Rasio pemecahan saham (stock
12 - 13 b) Stock split ratio, reverse stock,
split), penggabungan saham
20 - 21 dividend, bonus shares, and
(reverse stock), dividen saham,
166 change in par value of shares
saham
12 - 13 c) Number of outstanding shares
c) Jumlah saham beredar sebelum
20 - 21 prior to and after corporate
dan sesudah aksi korporasi
166 action
12 - 13
d) Jumlah efek konversi yang d) The number of convertible
20 - 21
dilaksanakan (jika ada) securities exercised (if any)
166
12 - 13
e) Harga saham sebelum dan e) Share price prior to and after
20 - 21
sesudah aksi korporasi corporate action
166
Dalam hal terjadi penghentian
sementara perdagangan saham In the event that the company’s
(suspension), dan/atau penghapusan shares were suspended and/or
pencatatan saham (delisting) dalam delisted from trading during the
3. tahun buku, Emiten atau Perusahaan 21 3. year under review, then the Issuers
Publik menjelaskan alasan penghentian or Public Company should provide
sementara perdagangan saham explanation on the reason for the
(suspension) dan/atau penghapusan suspension and/or delisting
pencatatan saham (delisting) tersebut
Dalam hal penghentian sementara
perdagangan saham (suspension) dan/
atau penghapusan pencatatan saham In the event that the suspension and/
(delisting) sebagaimana dimaksud or delisting as referred to in point 3)
pada angka 3) masih berlangsung was still in effect until the date of the
hingga akhir periode Laporan Tahunan, Annual Report, then the Issuer or the
4. 21 4.
Emiten atau Perusahaan Publik Public Company should also explain
menjelaskan tindakan yang dilakukan the corporate actions taken by the
untuk menyelesaikan penghentian company in resolving the suspension
sementara perdagangan saham and/or delisting
(suspension) dan/ atau penghapusan
pencatatan saham (delisting) tersebut
c. Laporan Direksi 60 - 86 c. The Board of Directors Report
The Board of Directors Report should at least
Laporan Direksi paling sedikit memuat:
contain the following items:
Uraian singkat mengenai kinerja Emiten
The performance of the Issuer or
1. atau Perusahaan Publik, paling sedikit 60 - 86 1.
Public Company, at least covering:
meliputi:
a) Strategy and strategic
a) Strategi dan kebijakan strategis
64 policies of the Issuer or Public
Emiten atau Perusahaan Publik
Company
b) Role of the Board of Directors
b) Peranan Direksi dalam perumusan
in formulating strategies and
strategi dan kebijakan strategis 69
strategic policies of Issuers or
Emiten atau Perusahaan Publik
Public Companies
c) Proses yang dilakukan Direksi c) Process carried out by the
untuk memastikan implementasi Board of Directors to ensure the
76
strategi Emiten atau Perusahaan implementation of the Issuer’s
Publik or Public Company’s strategy
d) Comparison between
d) Perbandingan antara hasil yang
70 achievement of results and
dicapai dengan yang ditargetkan
targets
806 elevate Laporan Tahunan 2023 Annual Report
Page 807
e) Kendala yang dihadapi Emiten e) Challenges faced by the Issuer
80
atau Perusahaan Publik or Public Company
2. Gambaran tentang prospek usaha 81 2. Description on business prospects
Implementation of good corporate
Penerapan tata kelola Emiten atau
3. 73 3. governance by Issuer or Public
Perusahaan Publik
Company
Changes in the composition of the
Perubahan komposisi anggota Direksi
4. 84 - 85 4. Board of Directors and the reason
dan alasan perubahannya (jika ada)
behind (if any)
d. Laporan Dewan Komisaris 42 - 58 d. The Board of Commissioners Report
Laporan Dewan Komisaris paling sedikit The Board of Commissioners Report should at
memuat: least contain the following items:
Penilaian terhadap kinerja Direksi Assessment on the performance of
1. mengenai pengelolaan Emiten atau 45 1. the Board of Directors in managing
Perusahaan Publik the Issuer or the Public Company
Supervision on the implementation
Pengawasan terhadap implementasi
2. 52 2. of the strategy of the Issuer or
strategi Emiten atau Perusahaan Publik
Public Company
View on the business prospects
Pandangan atas prospek usaha Emiten
of the Issuer or Public Company
3. atau Perusahaan Publik yang disusun 54 3.
as established by the Board of
oleh Direksi
Directors
View on the implementation of the
Pandangan atas penerapan tata kelola
4. 50 4. corporate governance by the Issuer
Emiten atau Perusahaan Publik
or Public
Perubahan komposisi anggota Dewan Changes in the composition of the
5. Komisaris dan alasan perubahannya 57 5. Board of Commissioners and the
(jika ada) reason behind(if any)
e. Profil Emiten atau Perusahaan Publik 92 - 181 e. Profile of the Issuer or Public Company
Profil Emiten atau Perusahaan Publik paling Profile of the Issuer or Public Company
sedikit memuat: should cover at least:
Nama Emiten atau Perusahaan Publik Name of Issuer or Public Company,
termasuk apabila terdapat perubahan including change of name, reason
1. nama, alasan perubahan, dan tanggal 92 1. of change, and the effective date of
efektif perubahan nama pada tahun the change of name during the year
buku under review
Akses terhadap Emiten atau
Access to Issuer or Public Company,
Perusahaan Publik termasuk kantor
including branch office or
cabang atau kantor perwakilan yang
representative office, where public
2. memungkinkan masyarakat dapat 92 2.
can have access of information of
memperoleh informasi mengenai
the Issuer or Public Company, which
Emiten atau Perusahaan Publik,
include:
meliputi:
a) Alamat 92 a) Address
b) Nomor telepon 92 b) Telephone number
c) Nomor faksimile 92 c) Facsimile number
d) Alamat surat elektronik 92 d) E-mail address
e) Alamat Situs Web 92 e) Website address
elevate Laporan Tahunan 2023 Annual Report 807
Page 808
Visi dan misi Emiten atau Perusahaan Vision and mission of the Issuer or
4. 102 4.
Publik Public Company
Kegiatan usaha menurut anggaran Line of business according to the
dasar terakhir, kegiatan usaha yang latest Articles of Association, and
5. 104 - 108 5.
dijalankan pada tahun buku, serta jenis types of products and/or services
barang dan/atau jasa yang dihasilkan produced
Wilayah operasional Emiten atau Operational area of the Issuer or
6. 110 - 111 6.
Perusahaan Publik Public Company
Struktur organisasi Emiten atau
Structure of organization of the
Perusahaan Publik dalam bentuk
Issuer or Public Company in chart
bagan, paling sedikit sampai dengan
7. 114 7. form, at least 1(one) level below
struktur 1 (satu) tingkat di bawah
the Board of Directors, with the
Direksi, disertai dengan nama dan
names and titles
jabatan
List of industry association
Daftar keanggotaan asosiasi industri
memberships both on a national
baik dalam skala nasional maupun
8. 179 8. and international scale related to
internasional yang berkaitan dengan
the implementation of sustainable
penerapan keuangan berkelanjutan
finance
The Board of Directors profiles
9. Profil Direksi, paling sedikit memuat: 137 - 148 9.
include:
a) Nama dan jabatan yang sesuai a) Name and short description of
137 - 148
dengan tugas dan tanggung jawab duties and functions
b) Foto terbaru 137 - 148 b) Latest photograph
c) Usia 137 - 148 c) Age
d) Kewarganegaraan 137 - 148 d) Citizenship
e) Riwayat pendidikan 137 - 148 e) Education
f) History position, covering
f) Riwayat jabatan, meliputi informasi: 137 - 148
information on:
- Dasar hukum penunjukan sebagai - Legal basis for appointment
anggota Direksi pada Emiten as member of the Board of
137 - 148
atau Perusahaan Publik yang Directors to the said Issuer or
bersangkutan Public Company
- Dual position, as member
- Rangkap jabatan, baik sebagai
of the Board of Directors,
anggota Direksi, anggota Dewan
member of the Board of
Komisaris, dan/atau anggota 137 - 148
Commissioners, and/or
komite serta jabatan lainnya (jika
member of committee, and
ada)
other position (if any)
- Pengalaman kerja beserta
- Working experience and
periode waktunya baik di dalam
137 - 148 period in and outside the
maupun di luar Emiten atau
Issuer or Public Company.
Perusahaan Publik
g) Affiliation with other members
of the Board of Directors,
members of the Board of
g) Hubungan afiliasi dengan anggota Commissioners, majority and
Direksi lainnya, anggota Dewan controlling shareholders,
Komisaris, pemegang saham utama, either directly or indirectly to
dan pengendali baik langsung 137 - 148 individual owners, including
maupun tidak langsung sampai names of affiliated parties. In
kepada pemilik individu, meliputi the event that a member of
nama pihak yang terafiliasi the Board of Directors has no
affiliation, the Issuer or Public
Company shall disclose this
matter
808 elevate Laporan Tahunan 2023 Annual Report
Page 809
h) Changes in the composition
h) Perubahan komposisi anggota of the members of the Board
Direksi dan alasan perubahannya. of Directors and the reasons
Dalam hal tidak terdapat for the changes. In the event
117 - 119
perubahan komposisi anggota that there is no change in the
Direksi, maka diungkapkan composition of the members
mengenai hal tersebut of the Board of Directors, this
matter shall be disclosed
Profil Dewan Komisaris, paling sedikit The Board of Commissioners
10. 123 - 135 10.
memuat: profiles, at least include:
a) Nama 123 - 134 a) Name
b) Foto terbaru b) Latest photograph
c) Usia 123 - 134 c) Age
d) Kewarganegaraan 123 - 134 d) Citizenship
e) Riwayat pendidikan 123 - 134 e) Education
f) History position, covering
f) Riwayat jabatan, meliputi informasi: 123 - 134
information on:
- Dasar hukum penunjukan sebagai - Legal basis for the
anggota Dewan Komisaris yang appointment as member of
bukan merupakan Komisaris the Board of Commissioners
123 - 134
Independen pada Emiten who is not Independent
atau Perusahaan Publik yang Commissioner at the said
bersangkutan Issuer or Public Company
- Dasar hukum penunjukan pertama - Legal bases for the first
kali sebagai anggota Dewan appointment as member of
Komisaris yang merupakan the Board of Commissioners
123 - 134
Komisaris Independen pada who also Independent
Emiten atau Perusahaan Publik Commissioner at the said
yang bersangkutan Issuer or Public Company
- Dual position as member of
- Rangkap jabatan, baik sebagai
the Board of Commissioners,
anggota Dewan Komisaris,
member of the Board of
anggota Direksi, dan/atau 123 - 134
Directors, and/or member of
anggota komite serta jabatan
committee and other position
lainnya (jika ada)
(if any)
- Pengalaman kerja beserta
- Working experience and
periode waktunya baik di dalam
123 - 134 period in and outside the
maupun di luar Emiten atau
Issuer or Public Company
Perusahaan Publik
g) Affiliation with other members
of the Board of Commissioners,
major shareholders, and
g) Hubungan afiliasi dengan
controllers either directly
anggota Dewan Komisaris lainnya,
or indirectly to individual
pemegang saham utama, dan
owners, including names of
pengendali baik langsung maupun 123 - 134
affiliated parties in the event
tidak langsung sampai kepada
that a member of the Board
pemilik individu, meliputi nama
of Commissioners has no
pihak yang terafiliasi
affiliation, the Issuer or Public
Company shall disclose this
matter
h) Statement of independence of
h) Pernyataan independensi Komisaris Independent Commissioner in
Independen dalam hal Komisaris the event that the Independent
135
Independen telah menjabat lebih Commissioner has been
dari 2 (dua) periode (jika ada) appointed more than 2 (two)
periods (if any)
elevate Laporan Tahunan 2023 Annual Report 809
Page 810
a) Changes in the composition of
a) Perubahan komposisi anggota the members of the Board of
Dewan Komisaris dan alasan Commissioners and the reasons
perubahannya. Dalam hal tidak for the changes. In the event
115 - 116
terdapat perubahan komposisi that there is no change in the
anggota Dewan Komisaris, maka composition of the members of
diungkapkan mengenai hal tersebut the Board of Commissioners,
this matter shall be disclosed
In the event that there were
Dalam hal terdapat perubahan
changes in the composition of the
susunan anggota Direksi dan/atau
Board of Commissioners and/ or
anggota Dewan Komisaris yang terjadi
the Board of Directors occurring
setelah tahun buku berakhir sampai
between the period after year-end
dengan batas waktu penyampaian
11. 120 11. until the date the Annual Report
Laporan Tahunan, susunan yang
submitted, then the last and the
dicantumkan dalam Laporan Tahunan
previous composition of the Board
adalah susunan anggota Direksi dan/
of Commissioners and/or the Board
atau anggota Dewan Komisaris yang
of Directors shall be stated in the
terakhir dan sebelumnya
Annual Report
Number of employees by gender,
Jumlah karyawan menurut
position, age, education level, and
jenis kelamin, jabatan, usia,
employment status (permanent/
12. tingkat pendidikan, dan status 150 - 151 12.
contracted) in the fiscal year
ketenagakerjaan (tetap/kontrak)
Disclosure of information can be
dalam tahun buku
presented in tabular form
Nama pemegang saham dan
persentase kepemilikan pada akhir Names of shareholders and
13. tahun buku, yang terdiri dari 5% (lima 160 - 161 13. ownership percentage at the end of
persen) atau lebih saham Emiten atau the fiscal year, including:
Perusahaan Publik
a) Kelompok pemegang saham
masyarakat, yaitu kelompok
a) Shareholders having 5% (five
pemegang saham yang masing-
161 percent) or more shares of
masing memiliki 5% (lima persen)
Issuer or Public Company
atau lebih saham emiten atau
perusahaan publik
b) Anggota Direksi dan anggota
b) Commissioners and Directors
Dewan Komisaris yang memiliki
163 who own shares of the Issuers
saham Emiten atau Perusahaan
or Public Company
Publik
c) Kelompok pemegang saham
c) Groups of public shareholders,
masyarakat, yaitu kelompok
or groups of shareholders,
pemegang saham yang masing-
161 each with less than 5% (five
masing memiliki kurang dari 5%
percent) ownership shares of
(lima persen) saham emiten atau
the
perusahaan publik
The percentage of indirect
Persentase kepemilikan tidak langsung ownership of the shares of the Issuer
atas saham Emiten atau Perusahaan or Public Company by members of
Publik oleh anggota Direksi dan the Board of Directors and members
anggota Dewan Komisaris pada of the Board of Commissioners
awal dan akhir tahun buku, termasuk at the beginning and end of the
14. 163 14
informasi mengenai pemegang saham fiscal year, including information
yang terdaftar dalam daftar pemegang on shareholders registered in the
saham untuk kepentingan kepemilikan shareholder register for the benefit
tidak langsung anggota Direksi dan of indirect ownership of members of
anggota Dewan Komisaris the Board of Directors and members
of the Board of Commissioners
Jumlah pemegang saham dan Number of shareholders and
15. persentase kepemilikan per akhir tahun 162 15. ownership percentage at the end of
buku berdasarkan klasifikasi: the fiscal year, based on:
a) Kepemilikan institusi lokal 162 a) Ownership of local institutions
b) Ownership of foreign
b) Kepemilikan institusi asing 162
institutions
c) Kepemilikan individu lokal 162 c) Ownership of local individual
d) Kepemilikan individu asing 162 d) Ownership of foreign individual
810 elevate Laporan Tahunan 2023 Annual Report
Page 811
Informasi mengenai pemegang saham Information on major shareholders
utama dan pengendali Emiten atau and controlling shareholders the
Perusahaan Publik, baik langsung Issuers of Public Company, directly
16. 160 16.
maupun tidak langsung, sampai or indirectly, and also individual
kepada pemilik individu, yang disajikan shareholder, presented in the form
dalam bentuk skema atau bagan of scheme or diagram
Nama entitas anak, perusahaan
Name of subsidiaries, associated
asosiasi, perusahaan ventura bersama
companies, joint venture controlled
dimana Emiten atau Perusahaan
by Issuers or Public Company,
Publik memiliki pengendalian bersama
with entity, percentage of stock
entitas, beserta persentase kepemilikan
17. 169 - 173 17. ownership, line of business, total
saham, bidang usaha, total aset, dan
assets and operating status of
status operasi Emiten atau Perusahaan
the Issuers of Public Company (if
Publik tersebut (jika ada) Untuk entitas
any) For subsidiaries, include the
anak, ditambahkan informasi mengenai
addresses of the said subsidiaries
alamat entitas anak tersebut
Kronologi pencatatan saham, jumlah Chronology of share listing, number
saham, nilai nominal, dan harga of shares, par value, and bid price
penawaran dari awal pencatatan from the beginning of listing up to
18. hingga akhir tahun buku serta nama 166 18. the end of the financial year, and
Bursa Efek dimana saham Emiten atau name of Stock Exchange where the
Perusahaan Publik dicatatkan (jika Issuers of Public Company shares
ada) are listed
Informasi pencatatan efek lainnya Other securities listing information
selain efek sebagaimana dimaksud other than the securities as referred
pada angka 18), yang belum jatuh to in number 18), which have not
tempo pada tahun buku paling sedikit yet matured in the fiscal year,
19. 167 19.
memuat nama efek, tahun penerbitan, at least contain the name of the
tingkat suku bunga/imbal hasil, securities, year of issue, interest
tanggal jatuh tempo, nilai penawaran, rate/ yield, maturity date, offering
dan peringkat efek (jika ada) value, and securities rating (if any)
Information on the use of a Public
Informasi penggunaan jasa akuntan
Accountant (AP) and a Public
publik (AP) dan kantor akuntan publik
20. 175 - 176 20. Accounting firm (KAP) services
(KAP) beserta jaringan/ asosiasi/
and their networks/ associations/
aliansinya meliputi:
alliances include:
a) Nama dan alamat 175 - 176 a) Name and address
b) Periode penugasan 175 - 176 b) Period of assignment
c) Informasi jasa audit dan/atau non c) Information on scope of audit
175 - 176
audit yang diberikan and/or nonaudit services
d) Biaya jasa (fee) audit dan/atau
d) Audit and/or non-audit fees for
non audit untuk masing-masing
175 - 176 each assignment given during
penugasan yang diberikan selama
the fiscal year
tahun buku
e) In the event that AP and KAP
e) Dalam hal AP dan KAP beserta
and their network/ association/
jaringan/ asosiasi/aliansinya,
alliance, which are appointed
yang ditunjuk tidak memberikan 175 - 176
do not provide non-audit
jasa non audit, maka diungkapkan
services, then the information is
mengenai informasi tersebut
disclosed
Name and address of capital
Nama dan alamat lembaga dan/atau
market supporting institutions and/
21. profesi penunjang pasar modal selain 177 - 179 21.
or professionals other than AP and
AP dan KAP
KAP.
f. Analisis dan Pembahasan Manajemen 183 - 270 f. Management Discussion and Analysis
Analisis dan pembahasan manajemen memuat Management Analysis and Discussion Annual
analisis dan pembahasan mengenai laporan should contain discussion and analysis on
keuangan dan informasi penting lainnya financial statements and other material
dengan penekanan pada perubahan material information emphasizing material changes
yang terjadi dalam tahun buku, yaitu paling that occurred during the year under review,
sedikit memuat: at least including:
Tinjauan operasi per segmen operasi Operational review per business
sesuai dengan jenis industri Emiten segment, according to the type
1. 196 - 203 1.
atau Perusahaan Publik, paling sedikit of industry of the Issuer or Public
mengenai: Company including:
a) Produksi, yang meliputi
a) Production, including process,
proses, kapasitas, dan 197
capacity, and growth
perkembangannya
elevate Laporan Tahunan 2023 Annual Report 811
Page 812
a) Pendapatan/penjualan 199 - 200 a) Income/sales
b) Profitabilitas. 199 - 200 b) Profitability.
Kinerja keuangan komprehensif yang comprehensive financial
mencakup perbandingan kinerja performance analysis which
keuangan dalam 2 (dua) tahun buku includes a comparison between the
2. terakhir, penjelasan tentang penyebab 206 - 2. financial performance of the last 2
adanya perubahan dan dampak (two) fiscal years, and explanation
perubahan tersebut, paling sedikit on the causes and effects of such
mengenai: changes, among others concerning:
a) Aset lancar, aset tidak lancar, a) Current assets, non-current
207 - 215
dan total aset assets, and total assets
b) Liabilitas jangka pendek,
b) Short term liabilities, long
liabilitas jangka panjang, dan 216 - 225
term liabilities, total liabilities
total liabilitas
c) Ekuitas 226 - 227 c) Equities
d) Sales/operating revenues,
d) Pendapatan/penjualan, beban,
expenses and profit (loss),
laba (rugi), penghasilan
228 - 232 other comprehensive revenues,
komprehensif lain, dan total laba
and total comprehensive profit
(rugi) komprehensif
(loss)
e) Arus kas. 233 - 236 e) Cash flows.
Kemampuan membayar utang dengan The capacity to pay debts by
3. menyajikan perhitungan rasio yang 238 - 239 3. including the computation of
relevan relevant ratios
Tingkat kolektibilitas piutang emiten Accounts receivable collectability
atau perusahaan publik dengan of the Issuer or Public Company,
4. 240 4.
menyajikan perhitungan rasio yang including the computation of the
relevan relevant ratios
Struktur modal (capital structure) dan
Capital structure and management
kebijakan manajemen atas struktur
policies concerning capital
5. modal (capital structure) tersebut 241 5.
structure, including the basis for
disertai dasar penentuan kebijakan
determining the said policy
dimaksud
Bahasan mengenai ikatan yang discussion on material ties for
material untuk investasi barang modal the investment of capital goods,
6. 242 6.
dengan penjelasan paling sedikit including the explanation on at
meliputi: least:
a) Tujuan dari ikatan tersebut 242 a) The purpose of such ties
b) Sumber dana yang diharapkan b) Source of funds expected to
242
untuk memenuhi ikatan tersebut fulfill the said ties
c) Mata uang yang menjadi
242 c) Currency of denomination
denominasi
d) Langkah yang direncanakan d) Steps taken by the Issuer of
emiten atau perusahaan publik Public Company to protect the
242
untuk melindungi risiko dari posisi position of a related foreign
mata uang asing yang terkait. currency against risks.
Bahasan mengenai investasi barang Discussion on investment of capital
7. modal yang direalisasikan dalam tahun 242 7. goods which was realized in the
buku terakhir, paling sedikit meliputi: last fiscal year, at least include:
a) Type of investment of capital
a) Jenis investasi barang modal 242
goods
b) Objective of the investment of
b) Tujuan investasi barang modal 242
capital goods
c) Nilai investasi barang modal c) Value of the investment of
242
yang dikeluarkan. capital good.
812 elevate Laporan Tahunan 2023 Annual Report
Page 813
Informasi dan fakta material yang Material Information and facts
8. terjadi setelah tanggal laporan 243 8. that occurring after the date of the
akuntan (jika ada) accountant’s report (if any)
Prospek usaha dari emiten atau Information on the prospects of
perusahaan publik dikaitkan dengan the Issuer or the Company in
kondisi industri, ekonomi secara umum connection with industry, economy
9. 244 9.
dan pasar internasional disertai data in general, accompanied with
pendukung kuantitatif dari sumber data supporting quantitative data if there
yang layak dipercaya is a reliable data source
Perbandingan antara target/proyeksi Comparison between target/
10. pada awal tahun buku dengan hasil 249 - 253 10. projection at beginning of year and
yang dicapai (realisasi), mengenai: result (realization), concerning:
a) Pendapatan/penjualan 249 - 253 a) Income/sales
b) Laba (rugi) 249 - 253 b) Profit (loss)
c) Struktur modal (capital structure) 249 - 253 c) Capital structure or
d) Kebijakan dividen atau 249 - 253 d) Dividend policy or
e) Hal lainnya yang dianggap e) Others that deemed necessary
penting bagi Emiten atau 249 - 253 for the Issuer or Public
Perusahaan Publik. Company.
Target/proyeksi yang ingin dicapai Target/projection at most for the
11. Emiten atau Perusahaan Publik untuk 1 254 - 257 11. next one year of the Issuer or Public
(satu) tahun mendatang, mengenai: Company, concerning:
a) Pendapatan/penjualan 254 - 257 a) Income/sales
b) Laba (rugi 254 - 257 b) Profit (loss)
c) Struktur modal (capital structure) 254 - 257 c) Capital structure or
d) Kebijakan dividen atau 254 - 257 d) Dividend policy
e) Hal lainnya yang dianggap e) Or others that deemed
penting bagi Emiten atau 254 - 257 necessary for the Issuer or
Perusahaan Publik. Public Company.
Marketing aspects of the company’s
Aspek pemasaran atas barang dan/
products and/or services the Issuer
atau jasa Emiten atau Perusahaan
12. 258 12. or Public Company, among others
Publik, paling sedikit mengenai strategi
marketing strategy and market
pemasaran dan pangsa pasar
share
Uraian mengenai dividen selama 2 Description regarding the dividend
13. (dua) tahun buku terakhir (jika ada), 262 - 263 13. policy during the last 2 (two) fiscal
paling sedikit: years, at least:
a) Kebijakan dividen 262 - 263 a) Dividend policy
b) The date of the payment of
b) Tanggal pembayaran dividen
cash dividend and/or date
kas dan/ atau tanggal distribusi 262 - 263
of distribution of non-cash
dividen non kas
dividend
c) Jumlah dividen per saham (kas c) Amount of cash per share
262 - 263
dan/atau non kas) (cash and/or non cash)
d) Jumlah dividen per tahun yang d) Amount of dividend per year
262 - 263
dibayar paid
elevate Laporan Tahunan 2023 Annual Report 813
Page 814
Disclosure of information can be
Dalam hal Emiten atau Perusahaan presented in tabular form. In the
Publik tidak membagikan dividen event that the Issuer or Public
257
dalam 2 (dua) tahun terakhir, maka Company does not distribute
diungkapkan mengenai hal tersebut dividends in the last 2 (two) years,
this matter shall be disclosed
Realisasi penggunaan dana hasil Use of proceeds from Public
14. 261 14.
Penawaran Umum, dengan ketentuan: Offerings, under the condition of:
a) Dalam hal selama tahun buku,
a) during the year under
Emiten memiliki kewajiban
review, on which the Issuer
menyampaikan laporan
has the obligation to report
realisasi penggunaan dana,
the realization of the use of
maka diungkapkan realisasi 261
proceeds, then the realization
penggunaan dana hasil
of the cumulative use of
Penawaran Umum secara
proceeds until the year end
kumulatif sampai dengan akhir
should be disclosed
tahun buku
b) In the event that there
b) Dalam hal terdapat perubahan were changes in the use of
penggunaan dana sebagaimana proceeds as stipulated in the
diatur dalam Peraturan Otoritas Regulation of the Financial
Jasa Keuangan tentang Laporan 261 Services Authority on the
Realisasi Penggunaan Dana Hasil Report of the Utilization of
Penawaran Umum, maka Emiten Proceeds from Public Offering,
menjelaskan perubahan tersebut then Issuer should explain the
said changes
Material information (if any),
Informasi material (jika ada), antara
among others concerning
lain mengenai investasi, ekspansi,
investment, expansion, divestment,
divestasi, penggabungan/ peleburan
acquisition, debt/capital
usaha, akuisisi, restrukturisasi
15. 264 - 266 15. restructuring, transactions with
utang/ modal, transaksi Afiliasi, dan
related parties and transactions
transaksi yang mengandung benturan
with conflict of interest that occurred
kepentingan, yang terjadi pada tahun
during the year under review,
buku, antara lain memuat:
among others include:
a) Transaction date, value, and
a) Tanggal, nilai, dan objek transaksi 264 - 266
object
b) Nama pihak yang melakukan
264 - 266 b) Name of transacting parties
transaksi
c) Nature of related parties (if
c) Sifat hubungan Afiliasi (jika ada) 264 - 266
any)
d) Penjelasan mengenai kewajaran d) Description of the fairness of
264 - 266
transaksi the transaction
e) Compliance with related rules
e) Pemenuhan ketentuan terkait 264 - 266
and regulations
f) Dalam hal terdapat hubungan f) In the event that there is an
afiliasi, selain mengungkapkan affiliation relationship, apart
informasi sebagaimana dimaksud from disclosing the information
dalam huruf a) sampai dengan 264 - 266 as referred to in letter a) to
huruf e), Emiten atau Perusahaan letter e), the Issuer or Public
Publik juga mengungkapkan Company also discloses
informasi: information:
- Pernyataan Direksi bahwa - A statement from the
transaksi afiliasi telah melalui Board of Directors that the
prosedur yang memadai affiliate transaction has
untuk memastikan bahwa gone through adequate
transaksi afiliasi dilaksanakan procedures to ensure that
sesuai dengan praktik bisnis 264 - 266 the affiliate transaction is
yang berlaku umum antara carried out in accordance
lain dilakukan dengan with generally accepted
memenuhi prinsip transaksi business practices, by
yang wajar (arms- length complying with the arms-
principle) length principle
814 elevate Laporan Tahunan 2023 Annual Report
Page 815
- Peran Dewan Komisaris - The role of the Board
dan komite audit dalam of Commissioners and
melakukan prosedur yang the audit committee in
memadai untuk memastikan carrying out adequate
bahwa transaksi afiliasi procedures to ensure that
dilaksanakan sesuai dengan 264 - 266 affiliated transactions are
praktik bisnis yang berlaku carried out in accordance
umum antara lain dilakukan with generally accepted
dengan memenuhi prinsip business practices, by
transaksi yang wajar (arms- complying with the arms-
ength principle) length principle
g) For affiliated transactions or
material transactions which
are business activities carried
out to generate business
g) Dalam hal transaksi afiliasi atau
income and are carried
transaksi material dimaksud telah
out regularly, repeatedly,
diungkapkan dalam laporan
and/or continuously, an
keuangan tahunan, ditambahkan 264 - 266
explanation is added that
informasi mengenai rujukan
the affiliated transactions
pengungkapan dalam laporan
or material transactions are
keuangan tahunan tersebut
business activities carried out
to generate operating income.
and run regularly, repeatedly,
and/or continuously
h) For disclosure of affiliated
h) Untuk pengungkapan transaksi
transactions and/or conflict of
afiliasi dan/ atau transaksi
interest transactions resulting
benturan kepentingan yang
from the implementation of
merupakan hasil pelaksanaan
affiliated transactions and/or
transaksi afiliasi dan/atau
conflict of interest transactions
transaksi benturan kepentingan
that have been approved by
yang telah disetujui pemegang 264 - 266
independent shareholders,
saham independen, ditambahkan
additional information
informasi mengenai tanggal
regarding the date of the
pelaksanaan RUPS yang
GMS which approved the
menyetujui transaksi afiliasi
affiliated transactions and/or
dan/atau transaksi benturan
conflict of interest transactions
kepentingan tersebut
is added
i) Dalam hal tidak terdapat
i) In the event that there is no
transaksi afiliasi dan/atau
affiliated transaction and/or
transaksi benturan kepentingan, 264 - 266
conflict of interest transaction,
maka diungkapkan mengenai hal
then this shall be disclosed
tersebut
Perubahan ketentuan peraturan
perundang-undangan yang Changes in regulation which have
berpengaruh signifikan terhadap a significant effect on the Issuer or
16. 267 - 268 16.
Emiten atau Perusahaan Publik Public Company and impacts on the
dan dampaknya terhadap laporan company (if any)
keuangan (jika ada)
Perubahan kebijakan akuntansi, alasan Changes in the accounting policy,
17. dan dampaknya terhadap laporan 269 17. rationale and impact on the
keuangan (jika ada) financial statement (if any)
Corporate Governance of the Issuer or Public
g. Tata Kelola Emiten atau Perusahaan Publik 274 - 665 g.
Company
Tata kelola Emiten atau Perusahaan Publik Corporate Governance of the Issuer or Public
paling sedikit memuat uraian singkat mengenai: Company contains at least:
1. RUPS, paling sedikit memuat: 286 - 304 1. GMS, at least contains:
a) Information regarding the
a) Informasi mengenai keputusan
resolutions of the GMS in
RUPS pada tahun buku dan 1
294 - 304 the fiscal year and 1 (one)
(satu) tahun sebelum tahun buku
year prior to the fiscal year
meliputi:
include:
- Keputusan RUPS pada tahun
- Resolutions of the GMS in
buku dan 1 (satu) tahun
the fiscal year and 1 (one)
sebelum tahun buku yang 294 - 304
year before the fiscal year
direalisasikan pada tahun
realized in the fiscal year
buku
elevate Laporan Tahunan 2023 Annual Report 815
Page 816
Seluruh
keputusan
RUPS pada
tahun buku
dan 1 (satu)
tahun buku
sebelumnya - Resolutions of the GMS in
- Keputusan RUPS pada tahun
telah the fiscal year and 1 (one)
buku dan 1 (satu) tahun
direalisasikan. year before the fiscal
sebelum tahun buku yang
year that have not been
belum direalisasikan beserta
All resolutions realized and the reasons
alasan belum direalisasikan
of the GMS for not realizing them
in financial
year and 1
(one) previous
financial year
have been
realized.
a) Dalam hal Emiten atau
a) In the event that the Issuer
Perusahaan Publik menggunakan
or Public Company uses
pihak independen dalam
an independent party in
pelaksanaan RUPS untuk 293
the conduct of the GMS to
melakukan perhitungan suara,
calculate the votes, then this
maka diungkapkan mengenai hal
matter shall be disclosed
tersebut
2. Direksi, mencakup antara lain: 349 - 392 2. The Board of Directors, covering:
a) The tasks and responsibilities
a) Tugas dan tanggung jawab 351 - 352
of each member of the Board
masing-masing anggota Direksi 355 - 358
of Directors
b) Pernyataan bahwa Direksi b) Statement that the Board of
memiliki pedoman atau piagam 350 Directors has already have
(charter) Direksi board manual or charter
c) Policies and implementation
of the frequency of meetings
c) Kebijakan dan pelaksanaan
of the Board of Directors,
tentang frekuensi rapat Direksi,
meetings of the Board of
termasuk rapat bersama Dewan 372 - 377
Directors with the Board of
Komisaris, dan tingkat kehadiran 334 - 338
Commissioners, and the level
anggota Direksi dalam rapat 293
of attendance of members of
tersebut termasuk tingkat
the Board of Directors in the
kehadiran dalam RUPS
meeting including attendance
at the GMS
d) Training and/or competency
d) Pelatihan dan/atau peningkatan
386 - 388 development of members of
kompetensi anggota Direksi:
the Board of Directors:
1) Policies for training
and/or improving
- Kebijakan pelatihan dan/
the competence of
atau peningkatan kompetensi
members of the Board
anggota Direksi, termasuk
386 of Directors, including
program orientasi bagi
an orientation program
anggota Direksi yang baru
for newly appointed
diangkat (jika ada)
members of the Board
of Directors (if any)
2) Training and/
- Pelatihan dan/atau or competency
peningkatan kompetensi yang improvement attended
386 - 388
diikuti anggota Direksi dalam by members of the
tahun buku (jika ada). Board of Directors in
the fiscal year (if any).
e) The Board of Directors’
e) Penilaian Direksi terhadap assessment of the performance
kinerja komite yang mendukung of the committees that support
pelaksanaan tugas Direksi 392 the implementation of the
pada tahun buku paling sedikit Board of Directors’ duties for
memuat: the fiscal year shall at least
contain:
- Performance appraisal
- Prosedur penilaian kinerja 392
procedures
816 elevate Laporan Tahunan 2023 Annual Report
Page 817
- Kriteria yang digunakan - The criteria used are
seperti capaian kinerja performance achievements
selama tahun buku, 392 during the fiscal year,
kompetensi dan kehadiran are competence and
dalam rapat attendance at meetings
481 - 492
f) In the event that the Issuer
f) Dalam hal Emiten atau Perseroan
or Public Company does
Perusahaan Publik tidak memiliki memiliki Komite
not have a committee that
komite yang mendukung di bawah Direksi
supports the implementation
pelaksanaan tugas Direksi, maka
of the duties of the Board of
diungkapkan mengenai hal The Company
Directors, this matter shall be
tersebut. has a Committee
disclosed.
under the Board
of Directors
Dewan Komisaris, mencakup antara The Board of Commissioners,
3. 305 3.
lain: among others include:
a) Tugas dan tanggung jawab a) Duties and responsibilities of
310 - 312
Dewan Komisaris the Board of Commissioners
b) Pernyataan bahwa Dewan b) Statement that the Board of
Komisaris memiliki pedoman Commissioner has already
309
atau piagam (charter) Dewan have the board manual or
Komisaris charter
c) Policies and implementation of
c) Kebijakan dan pelaksanaan the frequency of meetings of
tentang frekuensi rapat Dewan the Board of Commissioners,
Komisaris, termasuk rapat meetings of the Board of
bersama Direksi, dan tingkat 329 - 338 Commissioners with the Board
kehadiran anggota Dewan 293 of Directors and the level of
Komisaris dalam rapat tersebut attendance of members of
termasuk tingkat kehadiran the Board of Commissioners
dalam RUPS in these meetings including
attendance at the GMS
d) Pelatihan dan/atau peningkatan d) Training and/or competency
kompetensi anggota Dewan 339 - 342 improvement of members of
Komisaris: the Board of Commissioners:
- Policy on competency
- Kebijakan pelatihan dan/ training and/
atau peningkatan kompetensi or development of
anggota Dewan Komisaris, members of the Board of
termasuk program orientasi 339 Commissioners, including
bagi anggota Dewan orientation programs
Komisaris yang baru diangkat for newly appointed
(jika ada) members of the Board of
Commissioners (if any)
- Pelatihan dan/atau - Competency training and/
peningkatan kompetensi or development attended
yang diikuti anggota Dewan 339 - 342 by members of the Board
Komisaris dalam tahun buku of Commissioners in the
(jika ada) fiscal year (if any)
e) The assessment on the
e) Penilaian terhadap kinerja
performance of the Board
anggota Direksi dan anggota
of Directors and Board of
Dewan Komisaris dan 342 - 344
Commissioners and the
pelaksanaannya, paling sedikit
implementation, at least
memuat:
covering:
- Procedure for the
- Prosedur pelaksanaan
342 - 343 implementation of
penilaian kinerja
performance assessment
- Kriteria yang digunakan - Criteria used are
seperti capaian kinerja performance achievements
selama tahun buku, 343 during the fiscal year,
kompetensi dan kehadiran competency and
dalam rapat attendance at meetings
- Pihak yang melakukan
343 - Assessor.
penilaian.
elevate Laporan Tahunan 2023 Annual Report 817
Page 818
a) Board of Commissioners’
a) Penilaian Dewan Komisaris assessment of the
terhadap kinerja Komite yang performance of the
mendukung pelaksanaan tugas 345 - 348 Committees that support the
Dewan Komisaris pada tahun implementation of the duties
buku meliputi: of the Board of Commissioners
in the fiscal year includes:
1) Performance appraisal
1) Prosedur penilaian kinerja 345
procedures
2) The criteria used
2) Kriteria yang digunakan
are performance
seperti capaian kinerja
achievements during
selama tahun buku, 345 - 348
the fiscal year,
kompetensi dan kehadiran
competency and
dalam rapat
attendance at meetings
The nomination and remuneration
Nominasi dan remunerasi Direksi
of the Board of Directors and the
4. dan Dewan Komisaris, paling sedikit 393 - 399 4.
Board of Commissioners shall at
memuat:
least contain:
a) Nomination procedure,
a) Prosedur nominasi, meliputi uraian including a brief description
singkat mengenai kebijakan of the policies and process
dan proses nominasi anggota 393 for nomination of members of
Direksi dan/atau anggota Dewan the Board of Directors and/
Komisaris or members of the Board of
Commissioners
b) Procedures and
b) Prosedur dan pelaksanaan implementation of
remunerasi Direksi dan Dewan 394 remuneration for the Board
Komisaris, antara lain: of Directors and the Board of
Commissioners, among others:
- Procedures for determining
- Prosedur penetapan
remuneration for the Board
remunerasi Direksi dan 395
of Directors and the Board
Dewan Komisaris
of Commissioners
- The remuneration
- Struktur remunerasi Direksi structure of the Board of
dan Dewan Komisaris Directors and the Board
396 - 398
seperti, gaji, tunjangan, of Commissioners such
tantiem/bonus dan lainnya as salary, allowances,
tantiem/bonus and others
- The amount of
- Besarnya remunerasi remuneration for
masing-masing anggota each member of the
399
Direksi dan anggota Board of Directors and
Dewan Komisaris member of the Board of
Commissioners
Perseroan tidak
menjalankan
kegiatan usaha
berdasarkan
prinsip syariah
sebagaimana
tertuang dalam
Dewan Pengawas Syariah, bagi
Anggaran Dasar
Emiten atau Perusahaan Publik Sharia Supervisory Board, for
Perseroan.
yang menjalankan kegiatan Issuer or Public Company that
5. usaha berdasarkan prinsip syariah 5. conduct business based on sharia
The Company
sebagaimana tertuang dalam law, as stipulated in the articles of
does not carry
anggaran dasar, paling sedikit association, at least containing:
out business
memuat:
activities based
on sharia
principles as
envisaged in
the Company’s
Articles of
Association.
818 elevate Laporan Tahunan 2023 Annual Report
Page 819
a) Nama - a) name
b) Legal basis for the
b) Dasar hukum pengangkatan
- appointment of the sharia
dewan pengawas syariah
supervisory board
c) Periode penugasan dewan c) Period of assignment of the
-
pengawas syariah sharia supervisory board
d) Tugas dan tanggung jawab d) duty and responsibility of
-
Dewan Pengawas Syariah Sharia Supervisory Board
e) frequency and procedure
e) Frekuensi dan cara pemberian in providing advice and
nasihat dan saran serta suggestion, as well as
pengawasan pemenuhan Prinsip - the compliance of Sharia
Syariah di Pasar Modal terhadap Principles by the Issuer
Emiten atau Perusahaan Publik or Public Company in the
Capital Market
Audit Committee, among others
6. Komite Audit, mencakup antara lain: 404 - 431 6.
covering:
a) Nama dan jabatannya dalam a) Name and position in the
405 - 409
keanggotaan komite committee
b) Usia 406 - 409 b) Age
c) Kewarganegaraan 406 - 409 c) Citizenship
d) Riwayat pendidikan 406 - 409 d) Education background
e) Riwayat jabatan, meliputi
406 - 409 e) History of position including:
informasi:
- Dasar hukum untuk - Legal basis for
pengangkatan sebagai 406 - 409 appointment as committee
anggota komite member
- Rangkap jabatan, baik - Dual position, as
sebagai anggota Dewan member of Board of
Komisaris, anggota Direksi, Commissioners, member of
406 - 409
dan/atau anggota komite Board of Directors, and/or
serta jabatan lainnya (jika member of committee, and
ada) other position (if any)
- Pengalaman kerja beserta
- working experience and
periode waktunya baik di
406 - 409 period in and outside the
dalam maupun di luar Emiten
Issuer or Public Company
atau Perusahaan Publik
f) Period and terms of office
f) Periode dan masa jabatan
406 - 409 of the member of Audit
anggota Komite Audit
Committee
g) Pernyataan independensi Komite g) statement of independence of
410
Audit the Audit Committee
h) Training and/or competency
h) Pendidikan dan/atau pelatihan
improvement that have been
yang telah diikuti dalam tahun 427 - 428
followed in the fiscal year
buku (jika ada)
(if any)
i) Policies and implementation
i) Kebijakan dan pelaksanaan
of the frequency of audit
tentang frekuensi rapat Komite
committee meetings and the
Audit dan tingkat kehadiran 414 - 426
level of attendance of audit
anggota Komite Audit dalam
committee members in those
rapat tersebut
meetings
j) Pelaksanaan kegiatan Komite
j) the activities of the Audit
Audit pada tahun buku sesuai
Committee in the year under
dengan yang dicantumkan dalam 429
review, in accordance with the
pedoman atau piagam (charter)
Audit Committee Charter
Komite Audit
elevate Laporan Tahunan 2023 Annual Report 819
Page 820
The nomination and remuneration
Komite atau fungsi nominasi dan
committee or function of the
7. remunerasi Emiten atau Perusahaan 432 - 456 7.
Issuer or Public Company, at least
Publik, paling sedikit memuat:
containing:
a) Nama dan jabatannya dalam a) Name and position in
433 - 436
keanggotaan komite committee membership
b) Usia 433 - 436 b) Age
c) Kewarganegaraan 433 - 436 c) Nationality
d) Riwayat pendidikan 433 - 436 d) Educational history
e) Riwayat jabatan, meliputi e) Position history, including
433 - 436
informasi: information on:
- Legal basis for
- Dasar hukum penunjukan
433 - 436 appointment as
sebagai anggota komite
committee member
- Concurrent positions,
- Rangkap jabatan, baik either as a member
sebagai anggota Dewan of the Board of
Komisaris, anggota Direksi, Commissioners,
433 - 436
dan/atau anggota komite member of the Board
serta jabatan lainnya (jika of Directors, and/or
ada) committee member and
other positions (if any)
- Pengalaman kerja beserta - Work experience and
periode waktunya baik period of time both
di dalam maupun di luar 433 - 436 inside and outside
Emiten atau Perusahaan the Issuer or Public
Publik Company
f) Periode dan masa jabatan f) Period and term of office of
433 - 436
anggota komite the committee members
g) Statement of committee
g) Pernyataan independensi komite 437
independence
h) Training and/or competency
h) Pendidikan dan/atau pelatihan
improvement that have been
yang telah diikuti dalam tahun 451 - 455
followed in the fiscal year
buku (jika ada)
(if any)
i) Uraian tugas dan tanggung i) Description of duties and
439 - 440
jawab responsibilities
j) Pernyataan bahwa telah memiliki
j) A statement that it has a
pedoman atau piagam (charter) 438
guideline or charter
komite
k) Kebijakan dan pelaksanaan k) Policies and implementation
tentang frekuensi rapat komite of the frequency of meetings
441 - 450
dan tingkat kehadiran anggota and the level of attendance of
komite dalam rapat tersebut members at the meeting
l) Brief description of the
l) Uraian singkat pelaksanaan
456 implementation of activities in
kegiatan pada tahun buku
the fiscal year
Perseroan
memiliki Komite m) In the event that no
m) Dalam hal tidak dibentuk komite
Nominasi dan nomination and remuneration
nominasi dan remunerasi, Emiten
Remunerasi. committee is formed, the
atau Perusahaan Publik cukup
Issuer or Public Company
mengungkapkan informasi
The Company is sufficient to disclose the
sebagaimana dimaksud dalam
has a information as referred to
huruf i) sampai dengan huruf l)
Nomination and in letter i) to letter I) and
dan mengungkapkan:
Remuneration disclose:
Committee.
- Alasan tidak dibentuknya - Reasons for not forming
-
komite the committee
820 elevate Laporan Tahunan 2023 Annual Report
Page 821
- Pihak yang melaksanakan - The party carrying out
fungsi nominasi dan - the nomination and
remunerasi remuneration function
456 - 480
Komite lain yang dimiliki Emiten atau
Other committees owned by Issuers
Perusahaan Publik dalam rangka Komite Investasi
or Public Companies in order to
mendukung fungsi dan tugas Direksi dan Manajemen
support the functions and tasks of
(jika ada) dan/atau komite yang Risiko
8. 8. the Board of Directors (if any) and
mendukung fungsi dan tugas Dewan
/ or committees that support the
Komisaris, paling Investment
functions and duties of the Board of
and Risk
Commissioners, the least contains:
sedikit memuat: Management
Committee
a) Nama dan jabatannya dalam a) Name and position in the
457 - 460
keanggotaan komite Committee
b) Usia 458 - 460 b) Age
c) Kewarganegaraan 458 - 460 c) Citizenship
d) Riwayat pendidikan 458 - 460 d) Education background
e) Riwayat jabatan, meliputi
458 - 460 e) History of position, including:
informasi:
- Legal basis for the
- Dasar hukum penunjukan
458 - 460 appointment as member
sebagai anggota komite
of the committee
- Dual position, as
- Rangkap jabatan, baik
member of Board of
sebagai anggota Dewan
Commissioners, member
Komisaris, anggota Direksi,
458 - 460 of Board of Directors,
dan/atau anggota komite
and/or member of
serta jabatan lainnya (jika
committee, and other
ada)
position (if any)
- Pengalaman kerja beserta
- Working experience and
periode waktunya baik
period in and outside
di dalam maupun di luar 458 - 460
the Issuer or Public
Emiten atau Perusahaan
Company
Publik
f) Period and terms of office
f) Periode dan masa jabatan
458 - 460 of the member of Audit
anggota komite
Committee
g) Statement of committee
g) Pernyataan independensi komite 461
independence
h) Training and/or competency
h) Pendidikan dan/atau pelatihan
improvement that have been
yang telah diikuti dalam tahun 476 - 479
followed in the fiscal year
buku (jika ada)
(if any)
i) Uraian tugas dan tanggung i) Description of duties and
463
jawab responsibilities
j) Pernyataan bahwa telah memiliki j) A statement that the
pedoman atau piagam (charter) 462 committee has had guidelines
komite or charters
k) Policies and implementation
k) Kebijakan dan pelaksanaan
of the frequency of committee
tentang frekuensi rapat komite
465 - 479 meetings and the level of
dan tingkat kehadiran anggota
attendance of committee
komite dalam rapat tersebut
members at the meeting
l) A brief description of the
l) Uraian singkat pelaksanaan
480 committee’s activities for the
kegiatan pada tahun buku
fiscal year
Sekretaris Perusahaan, mencakup
9. 497 - 514 9. Corporate Secretary, including:
antara lain:
elevate Laporan Tahunan 2023 Annual Report 821
Page 822
a) Nama 498 a) name
b) Domisili 498 b) domicile
c) Riwayat jabatan, meliputi
498 c) history of position, including:
informasi:
- Dasar hukum penunjukan - legal basis for the
sebagai Sekretaris 498 appointment as
Perusahaan Corporate Secretary
- Pengalaman kerja beserta
- working experience and
periode waktunya baik
period in and outside
di dalam maupun di luar 498
the Issuer or Public
Emiten atau Perusahaan
Company
Publik
d) Riwayat pendidikan 498 d) education background
e) Pendidikan dan/atau pelatihan e) education and/or training
503 - 504
yang diikuti dalam tahun buku during the year under review
f) brief description on the
f) Uraian singkat pelaksanaan
implementation of duties of
tugas Sekretaris Perusahaan 505 - 514
the Corporate Secretary in
pada tahun buku
the year under review
Unit Audit Internal, mencakup antara Internal Audit Unit, among others
10. 520 - 542 10.
lain: including:
a) Name of Head of Internal
a) Nama kepala Unit Audit Internal 521
Audit Unit
b) Riwayat jabatan, meliputi
521 b) History of position, including:
informasi:
- Dasar hukum penunjukan - Legal basis for the
sebagai Kepala Audit 521 appointment as Head of
Internal Internal Audit Unit
- Pengalaman kerja beserta
- Working experience and
periode waktunya baik
period in and outside
di dalam maupun di luar 521
the Issuer or Public
Emiten atau Perusahaan
Company
Publik
c) Kualifikasi atau sertifikasi sebagai c) Qualification or certification
529 - 530
profesi audit internal (jika ada) as internal auditor (if any)
d) Pendidikan dan/atau pelatihan d) Education and/or training
539 - 540
yang diikuti dalam tahun buku during the year under review
e) Struktur dan kedudukan Unit e) Structure and position of
522
Audit Internal Internal Audit Unit
f) Uraian tugas dan tanggung f) Description of duties and
527
jawab responsibilities
g) Pernyataan bahwa telah memiliki g) Statement that the Internal
pedoman atau piagam (charter) 523 Audit Unit has already have
Unit Audit Internal Internal Audit Unit charter
h) Brief description of the duties
implementation of the internal
h) uraian singkat pelaksanaan
audit unit in the financial
tugas unit audit internal pada
year, including the policy and
tahun buku termasuk kebijakan
530 - 538 implementation of the meeting
dan pelaksanaan frekuensi
frequency with the Board
rapat dengan Direksi, Dewan
of Directors, the Board of
Komisaris, dan/atau komite audit
Commissioners, and/or audit
committee
822 elevate Laporan Tahunan 2023 Annual Report
Page 823
Uraian mengenai sistem pengendalian
internal (internal control) yang Description on internal control
11. diterapkan oleh Emiten atau 544 - 553 11. system adopted by the Issuer or
Perusahaan Publik, paling sedikit Public Company, at least covering:
mengenai
a) Pengendalian keuangan dan
a) Financial and operational
operasional, serta kepatuhan
547 - 550 control, and compliance to
terhadap peraturan perundang-
the other prevailing rules
undangan lainnya
b) Tinjauan atas efektivitas sistem b) Review on the effectiveness of
550 - 552
pengendalian internal internal control systems
c) Statement of the Board of
c) Pernyataan Direksi dan/atau Directors and/or Board
Dewan Komisaris atas kecukupan 553 of Commissioners on the
sistem pengendalian internal adequacy of the internal
control system
Sistem manajemen risiko yang
Risk management system
diterapkan oleh Emiten atau
12. 554 - 584 12. implemented by the company, at
Perusahaan Publik, paling sedikit
least includes:
mengenai:
a) General description about the
a) Gambaran umum mengenai
company’s risk management
sistem manajemen risiko Emiten 554 - 559
system the Issuer or Public
atau Perusahaan Publik
Company
b) Jenis risiko dan cara b) Types of risk and the
559 - 563
pengelolaannya management
c) Review the effectiveness of
c) Tinjauan atas efektivitas sistem
the risk management system
manajemen risiko Emiten atau 564
applied by the Issuer or Public
Perusahaan Publik
Company
d) Statement of the Board of
d) Pernyataan Direksi dan/atau
Directors and/or the Board
Dewan Komisaris atau komite
565 of Commissioners or the audit
audit atas kecukupan sistem
committee on the adequacy
manajemen risiko
of the risk management system
Legal cases that have a material
Perkara hukum yang berdampak
impact faced by Issuers or
material yang dihadapi oleh Emiten
Public Companies, subsidiaries,
atau Perusahaan Publik, entitas anak,
13. 592 13. members of the Board of Directors
anggota Direksi dan anggota Dewan
and members of the Board of
Komisaris (jika ada), antara lain
Commissioners (if any), at least
meliputi:
contain:
a) Pokok perkara/gugatan 592 a) Substance of the case/claim
b) Status penyelesaian perkara/ b) Status of settlement of case/
592
gugatan claim
c) Potential impacts on the
c) Pengaruhnya terhadap kondisi
592 condition of the Issuer or
Emiten atau Perusahaan Publik
Public Company
information about administrative
Informasi tentang sanksi administratif sanctions imposed to Issuer or
yang dikenakan kepada Emiten atau Public Company, members of
Perusahaan Publik, anggota Dewan the Board of Commissioners and
14. 592 14.
Komisaris dan Direksi, oleh otoritas the Board of Directors, by the
Pasar Modal dan otoritas lainnya Capital Market Authority and other
pada tahun buku (jika ada) authorities during the last fiscal year
(if any)
information about codes of conduct
Informasi mengenai kode etik Emiten
15. 593 - 595 15 of the Issuer or Public Company,
atau Perusahaan Publik meliputi:
includes:
a) Key points of the code of
a) Pokok-pokok kode etik 593
conduct
b) Bentuk sosialisasi kode etik dan b) Socialization of the code of
594
upaya penegakannya conduct and enforcement
elevate Laporan Tahunan 2023 Annual Report 823
Page 824
a) Statement that the code of
a) Pernyataan bahwa kode etik
conduct is applicable for
berlaku bagi anggota Direksi,
the Board of Commissioners,
anggota Dewan Komisaris, 594
the Board of Directors, and
dan karyawan Emiten atau
employees of the Issuer of
Perusahaan Publik
Public Company
Uraian singkat mengenai kebijakan
pemberian kompensasi jangka
panjang berbasis kinerja kepada
manajemen dan/ atau karyawan yang
dimiliki oleh Emiten atau Perusahaan
Publik (jika ada), antara lain berupa
A brief description of the
program kepemilikan saham oleh
policy of providing long-term
manajemen (Management Stock
performance-based compensation
Ownership Program/MSOP) dan/
to management and/or employees
atau program kepemilikan saham oleh
16. 611 - 613 16. owned by the Issuer or Public
karyawan (Employee Stock Ownership
Company (if any), including the
Program/ESOP) Dalam hal pemberian
management stock ownership
kompensasi berupa program
program (MSOP) and/or program
kepemilikan saham oleh manajemen
employee stock ownership (ESOP)
(Management Stock Ownership
Program/MSOP) dan/atau program
kepemilikan saham oleh karyawan
(Employee Stock Ownership Program/
ESOP), informasi yang diungkapkan
paling sedikit memuat:
a) Number of shares and/or
a) Jumlah saham dan/atau opsi 611 - 613
options
b) Jangka waktu pelaksanaan 611 - 613 b) Implementation period
c) Requirements for eligible
c) Persyaratan karyawan dan/atau
611 - 613 employees and/or
manajemen yang berhak
management
d) Exercise price or
d) Harga pelaksanaan atau
611 - 613 determination of exercise
penentuan harga pelaksanaan
price
A brief description of the
Uraian singkat mengenai kebijakan
17. 328, 372 17. information disclosure policy
pengungkapan informasi mengenai:
regarding:
a) Share ownership of
members of the Board
a) Kepemilikan saham anggota of Directors and
Direksi dan anggota Dewan members of the Board
Komisaris paling lambat 3 (tiga) of Commissioners no
hari kerja setelah terjadinya 328, 372 later than 3 (three)
kepemilikan atau setiap working days after the
perubahan kepemilikan atas occurrence of ownership
saham Perusahaan Terbuka or any change in
ownership of shares of a
Public Company
b) Pelaksanaan atas kebijakan b) Implementation of the
328, 372
dimaksud policy
Uraian mengenai sistem pelaporan Description of whistleblowing
pelanggaran (whistleblowing system) system at the Issuer or Public
18. 596 - 600 18.
di Emiten atau Perusahaan Publik (jika Company (if any), among others
ada), antara lain meliputi: include:
a) Cara penyampaian laporan a) Mechanism for violation
596
pelanggaran reporting
b) Protection for the
b) Perlindungan bagi pelapor 597
whistleblower
c) Penanganan pengaduan 596 c) Handling of violation reports
d) Pihak yang mengelola d) Unit responsible for handling
598
pengaduan of violation report
824 elevate Laporan Tahunan 2023 Annual Report
Page 825
e) Hasil dari penanganan
e) Results from violation report
pengaduan, paling sedikit 600
handling, at least includes:
meliputi:
- Jumlah pengaduan yang - Number of complaints
masuk dan diproses dalam 600 received and processed
tahun buku during the fiscal year
- Tindak lanjut pengaduan 600 - Follow up of complaints
Uraian mengenai kebijakan anti A description of the anti-corruption
19. korupsi Emiten atau Perusahaan Publik, 601 - 605 19. policy of the Issuer or Public
paling sedikit memuat: Company, at least containing:
a) Program dan prosedur yang a) Programs and procedures
dilakukan dalam mengatasi implemented in overcoming
praktik korupsi, balas jasa corrupt practices, kickbacks,
602 - 603
(kickbacks), fraud, suap dan/ fraud, bribery and/or
atau gratifikasi dalam emiten gratification in Issuers or
atau perusahaan publik Public Companies
b) Pelatihan/sosialisasi anti korupsi b) Anti-corruption training /
kepada karyawan emiten atau 604 - 605 socialization to employees of
perusahaan publik Issuers or Public Companies
Implementation of the Guidelines
Penerapan atas Pedoman Tata Kelola
of Corporate Governance for
Perusahaan Terbuka bagi Emiten yang
20. 633 - 640 20. Public Companies for Issuer issuing
menerbitkan Efek Bersifat Ekuitas atau
Equity-based Securities or Public
Perusahaan Publik, meliputi:
Company, including:
a) Pernyataan mengenai a) statement regarding
rekomendasi yang telah 633 - 640 recommendation that have
dilaksanakan /atau been implemented /or
b) description of
b) Penjelasan atas rekomendasi
recommendation that have not
yang belum dilaksanakan,
633 - 640 been implemented, along with
disertai alasan dan alternatif
the reason and alternatives of
pelaksanaannya (jika ada)
implementation (if any)
Tanggung Jawab Sosial dan Lingkungan Emiten Social and Environmental Responsibility of
h. 669 - 670 h.
atau Perusahaan Publik the Issuer or Public Company
Informasi yang diungkapkan dalam The information disclosed in
bagian tanggung jawab sosial dan the social and environmental
lingkungan merupakan Laporan responsibility section is a
Keberlanjutan (Sustainability Report) Sustainability Report as referred
sebagaimana dimaksud dalam to in the Financial Services
1. Peraturan Otoritas Jasa Keuangan 4 1. Authority Regulation Number 51/
Nomor 51/POJK.03/2017 tentang POJK.03/2017 concerning the
Penerapan Keuangan Berkelanjutan Implementation of Sustainable
bagi Lembaga Jasa Keuangan, Emiten, Finance for Financial Services
dan Perusahaan Publik, paling sedikit Institutions, Issuers, and Public
memuat: Companies, at at least includes:
a) Explanation of the
a) Penjelasan strategi keberlanjutan 4
sustainability strategy
b) Ikhtisar aspek keberlanjutan b) Overview of sustainability
(ekonomi, sosial, dan lingkungan 4 aspects (economic, social,
hidup) and environmental)
c) Profil singkat Emiten atau 4 c) Brief profile of the Issuer or
Perusahaan Publik Public Company
d) Explanation of the Board of
d) Penjelasan Direksi 4
Directors
e) Tata kelola keberlanjutan 4 e) Sustainability governance
f) Kinerja keberlanjutan 4 f) Sustainability performance
elevate Laporan Tahunan 2023 Annual Report 825
Page 826
a) Verifikasi tertulis dari pihak 4 a) Written verification from an
independen, jika ada independent party, if any
b) Lembar umpan balik (feedback) 4 b) Feedback sheet for readers,
untuk pembaca, jika ada if any
c) Tanggapan Emiten atau c) The response of the Issuer
Perusahaan Publik terhadap 4 or Public Company to
umpan balik laporan tahun the previous year’s report
sebelumnya feedback
Laporan Keberlanjutan sebagaimana
The Sustainability Report as referred
dimaksud pada angka 1), harus
to in number 1) must be prepared
disusun sesuai Pedoman Teknis
in accordance with the Technical
Penyusunan Laporan Keberlanjutan
Guidelines for the Preparation of
(Sustainability Report) Bagi Emiten
2. 4 2. a Sustainability Report for Issuers
dan Perusahaan Publik sebagaimana
and Public Companies as contained
tercantum dalam Lampiran II yang
in Appendix II which is an integral
merupakan bagian tidak terpisahkan
part of this Financial Services
dari Surat Edaran Otoritas Jasa
Authority Circular Letter
Keuangan ini
Informasi Laporan Keberlanjutan
Information on the Sustainability
3. (Sustainability Report) pada angka 1) 4 3.
Report in number 1) can:
dapat:
a) Disclosed in other relevant
a) Diungkapkan pada bagian lain
sections outside the
yang relevan di luar bagian
Social and Environmental
tanggung jawab sosial dan
Responsibility section, such
lingkungan, seperti penjelasan 4 as the Directors’ explanation
Direksi terkait Laporan
regarding the Sustainability
Keberlanjutan diungkapkan
Report disclosed in the section
dalam bagian terkait Laporan
related to the Directors’
Direksi /atau
Report /or
b) Merujuk pada bagian lain di
b) Refers to other sections
luar bagian tanggung jawab
outside the Social and
sosial dan lingkungan dengan
Environmental Responsibility
tetap mengacu pada Pedoman
section by still referring to the
Teknis Penyusunan Laporan
Technical Guidelines for the
Keberlanjutan (Sustainability
Preparation of Sustainability
Report) Bagi Emiten dan 4 Reports for Issuers and
Perusahaan Publik sebagaimana
Public Companies as listed
tercantum dalam Lampiran II
in Appendix II which is an
yang merupakan bagian tidak
integral part of this Financial
terpisahkan dari Surat Edaran
Services Authority Circular
Otoritas Jasa Keuangan ini,
Letter, such as the profile of
seperti profil Emiten atau
the Issuer or Public Company
Perusahaan Publik
Laporan Keberlanjutan (Sustainability
The Sustainability Report as referred
Report) sebagaimana dimaksud
to in number 1) is an inseparable
pada angka 1) merupakan bagian
4. 4 4. part of the Annual Report but can
yang tidak terpisahkan dari Laporan
be presented separately from the
Tahunan namun dapat disajikan secara
Annual Report
terpisah dengan Laporan Tahunan
Dalam hal Laporan Keberlanjutan In the event that the Sustainability
disajikan secara terpisah dengan Report is presented separately from
5. Laporan Tahunan, informasi yang 5. the Annual Report, the information
diungkapkan dalam Laporan disclosed in the Sustainability
Keberlanjutan dimaksud harus: Report must:
a) Memuat seluruh informasi
a) Contains all the information
sebagaimana dimaksud pada 4
as referred to in number 1)
angka 1)
b) Prepared in accordance with
b) Disusun sesuai Pedoman
the Technical Guidelines
Teknis Penyusunan Laporan
for the Preparation of a
Keberlanjutan (Sustainability
Sustainability Report for
Report) Bagi Emiten dan
Issuers and Public Companies
Perusahaan Publik sebagaimana 4
as listed in Appendix II which
tercantum dalam Lampiran II
is an integral part of this
yang merupakan bagian tidak
Financial Services Authority
terpisahkan dari Surat Edaran
Circular Letter
Otoritas Jasa Keuangan ini
826 elevate Laporan Tahunan 2023 Annual Report
Page 827
In the event that the Sustainability
Dalam hal Laporan Keberlanjutan
Report is presented separately from
disajikan secara terpisah dengan
the Annual Report, then the Social
Laporan Tahunan, maka dalam bagian
and Environmental Responsibility
tanggung jawab sosial dan lingkungan
section contains information
6. memuat informasi bahwa informasi 4 6.
that information on Social and
mengenai tanggung jawab sosial dan
Environmental Responsibility has
lingkungan telah diungkapkan dalam
been disclosed in the Sustainability
Laporan Keberlanjutan yang disajikan
Report which is presented
secara terpisah dari Laporan Tahunan
separately from the Annual Report
Penyampaian Laporan Keberlanjutan
Submission of the Sustainability
(Sustainability Report) yang disajikan
Report which is presented
secara terpisah dengan Laporan
7. 4 7. separately from the Annual Report
Tahunan harus disampaikan bersamaan
must be submitted together with the
dengan penyampaian Laporan
Annual Report
Tahunan
Laporan Keuangan Tahunan yang Telah Diaudit
Audited Annual Financial Statement Financial
Laporan keuangan tahunan yang dimuat
Statements included in Annual Report
dalam Laporan Tahunan disusun sesuai dengan
should be prepared in accordance with the
Standar Akuntansi Keuangan di Indonesia
Financial Accounting Standards in Indonesia
dan telah diaudit oleh Akuntan. Laporan
and audited by an Accountant. The said
keuangan dimaksud memuat pernyataan
financial statement should be included
mengenai pertanggungjawaban atas laporan
with statement of responsibility for financial
i. keuangan sebagaimana diatur dalam peraturan 671 i.
report as stipulated in the legislations in
perundang-undangan di sektor Pasar Modal
the Capital Markets sector governing the
yang mengatur mengenai tanggung jawab
responsibility of the Boardmof Directors on
Direksi atas laporan keuangan atau peraturan
the financial report or the legislationsmin
perundang-undangan di sektor Pasar Modal
the Capital Markets sector governing the
yang mengatur mengenai laporan berkala
periodicmreports of securities company in the
Perusahaan Efek dalam hal Emiten merupakan
event the Issuer is a Securities Company
Perusahaan Efek
Letter of Statement of the Board of Directors
Surat Pernyataan Anggota Direksi dan Anggota
and the Board of Commissioners regarding
Dewan Komisaris tentang Tanggung Jawab
the Responsibility for Annual Reporting Letter
atas Laporan Tahunan Surat pernyataan
of statement of the Board of Directors and
anggota Direksi dan anggota Dewan Komisaris
the Board of Commissioners regarding the
tentang tanggung jawab atas Laporan
responsibility for Annual Reporting should be
Tahunan disusun sesuai dengan format Surat
j. 88 - 89 j. prepared according to the format of letter of
Pernyataan Anggota Direksi dan Anggota
statement of member of Board of Directors
Dewan Komisaris tentang Tanggung Jawab
and the Board of Commissioners regarding
atas Laporan Tahunan sebagaimana tercantum
the responsibility for Annual Reporting as
dalam Lampiran yang merupakan bagian tidak
attached in the Attachment, which is an
terpisahkan dari Surat Edaran Otoritas Jasa
integral part of this Circulation Letter of the
Keuangan ini
Financial Services Authority
elevate Laporan Tahunan 2023 Annual Report 827
Page 828
828 elevate Laporan Tahunan 2023 Annual Report
Page 829
elevate Laporan Tahunan 2023 Annual Report 829
Page 830
PT Pertamina Geothermal Energy Tbk
Grha Pertamina – Tower Pertamax Lt.7
Jl. Medan Merdeka Timur No. 11 - 13
Central Jakarta 10110
Indonesia
www.pge.pertamina.com
commpge@pertamina.com
830 elevate Laporan Tahunan 2023 Annual Report
Names mentioned 128 people and organisations named in the text · linked when the evidence is strong
unresolved
org
PT Pertamina Geothermal
p.5 ×2
unresolved
org
PT Pekerja PGE.
p.5
unresolved
org
Pertamina Energy Tbk
p.5 ×2
unresolved
org
Geothermal Energy Tbk
p.5 ×2
unresolved
org
Financial Services Authority
p.9 ×6
unresolved
person
NOMINASI DAN REMUNERASI
· KOMISARIS
p.9
unresolved
person
KEBERAGAMAN KOMPOSISI
· KOMISARIS
p.9
unresolved
—
Diversity of the Board of Commisioners
p.9
unresolved
person
DI BAWAH
· KOMISARIS
p.9
unresolved
—
Committees Under
p.9
unresolved
org
Indonesia Stock Exchange
p.13 ×7
unresolved
org
Ministry of Manpower
p.23 ×6
unresolved
org
Ministry of Manpower HIV
p.23
unresolved
org
Ministry of Manpower & LL
p.24
unresolved
org
Kementerian Lingkungan Hidup
p.24
unresolved
org
Bank Initiative
p.25
unresolved
org
Geologi.
p.28
unresolved
org
Geologi ESDM
p.28
unresolved
org
Geologi Award. Geo Resources Category Anugerah Badan Pengawas
p.28
unresolved
org
Pengawas Tenaga Nuklir
p.28
unresolved
org
Ministry of Law and Human
p.29
unresolved
org
Exchange Securities Trading Limited
p.31
unresolved
org
Singapore Exchange Securities Trading Limited
p.31 ×2
unresolved
org
PT Schlumberger Geophysics Nusantara
p.32 ×2
unresolved
org
PT Pembangunan Aceh PGE
p.32
unresolved
org
PT Pembangunan Aceh
p.32 ×3
unresolved
org
PT Kaishan Orka
p.32
unresolved
org
PT Kaishan Orka Indonesia.
p.32
unresolved
org
Kementerian Energi
p.32 ×2
unresolved
org
Ministry of Energy and Mineral Resources Sumber Daya Mineral
p.32
unresolved
person
Dr. Fred N. Ojiambo
p.33 ×2
unresolved
org
Geothermal International Limited
p.33
unresolved
org
Ministry of Energy & Petroleum Kenya Davis Chirchir
p.34
unresolved
org
Menteri Energi dan Sumber Daya
p.34 ×2
unresolved
org
Minister of Energy
p.34 ×3
unresolved
org
PT Jasa Daya Chevron
p.35 ×3
unresolved
org
PT Pertamina Indonesia
p.36
unresolved
org
Kementerian Koordinator Bidang
p.37
unresolved
org
PGE Bersama Chevron New Energies Holdings Indonesia Ltd.
p.38
unresolved
org
PT Cahaya Anagata Energy
p.38 ×3
unresolved
org
Chevron New Energies Holdings Indonesia Ltd.
p.38 ×3
unresolved
org
Chevron Energies Holdings Indonesia Ltd.
p.38
unresolved
org
New Energies Holdings Indonesia Ltd.
p.38
unresolved
org
PT Cahaya
p.38
unresolved
org
Energies Holdings Indonesia Ltd.
p.38 ×2
unresolved
person
Manager Wahyu Budiarto
· Direktur
p.38
unresolved
person
Prof. Dr. K.H. Ma’ruf Amin
p.39 ×2
unresolved
org
Menteri Lingkungan Hidup dan Kehutanan
p.39
unresolved
org
Masdar Indonesia Solar Holdings RSC Limited
p.43 ×3
unresolved
org
Kementerian Energi dan Sumber
p.44 ×2
unresolved
org
Ministry of Energy and Mineral Resources
p.44 ×2
unresolved
org
PT Pertamina IWF
p.52
unresolved
org
Ministry of Energy and Mineral Daya Mineral
p.55
unresolved
person
Iman Hilmansah
· Komisaris
p.57 ×2
unresolved
person
Samsul Hidayat
· Komisaris Independen
p.57 ×3
unresolved
person
Iman Hilmansyah
p.57
unresolved
person
Iman
p.57
unresolved
person
Sujit S. Parhar
· Komisaris
p.57 ×5
unresolved
person
Dannif Danusaputro
· Komisaris
p.57
unresolved
person
Concluding
· Komisaris
p.58
unresolved
org
Kementerian ESDM
p.63
unresolved
org
PT Cahaya Anagata
p.64 ×2
unresolved
org
PT Cahaya Anagata Energy. In
p.64
unresolved
org
Kementerian Lingkungan Hidup dan Kehutanan
p.72
unresolved
org
Bank Sampah Setor Jo.
p.78
unresolved
org
Bank Indonesia
p.82 ×2
unresolved
person
Ahmad
p.83
unresolved
person
Ahmad Yuniarto. On
· Direktur Utama
p.83 ×2
unresolved
person
Ahmad Yuniarto’s
p.83
unresolved
person
Eko Agung Bramantyo
· Direktur
p.84 ×2
unresolved
person
Nelwin Adriansyah
p.84
unresolved
person
Nelwin
p.84
unresolved
org
Menteri Hukum dan Hak Asasi Manusia Republik Indonesia
p.92 ×2
unresolved
org
Menteri Hukum dan Hak Asasi Manusia RI
p.92
unresolved
org
Minister of Law and Human Rights
p.92
unresolved
person
Marianne Vincentia Hamdani
· Notaris
p.94
unresolved
org
PT Pertamina Geothermal Energy Lawu
p.95
unresolved
org
PT Pertamina Geothermal Energy Kotamobagu
p.95
unresolved
org
PT Panas Bumi
p.95
unresolved
org
PT Geothermal Energi Seulawah
p.95 ×4
unresolved
org
PT Pertamina Power Indonesia. Power Indonesia. Tujuan
p.96
unresolved
org
PT Dizamatra Powerindo.
p.106 ×2
unresolved
person
H. U. Sukristiono
p.114
unresolved
person
RUPS Sirkuler
· Komisaris
p.115 ×6
unresolved
—
elevate
· Laporan Tahunan 2023 Annual Report
p.115 ×2
unresolved
—
Operation
· 24 Agustus 2018 yang dinyatakan Agustus
p.117
unresolved
person
Rachmat Hidajat
· Direktur
p.117
unresolved
—
Developmen
· Circular GMS Resolution dated 21 March
p.117
unresolved
person
Nelwin Bapak
p.120
unresolved
org
PT Medco Cahaya Geothermal
p.138 ×2
unresolved
org
PT Sarula Operation Ltd.
p.138 ×2
unresolved
org
PT Hitay Energy Holdings
p.138 ×2
unresolved
org
PT Supreme Energy Corporation
p.138 ×2
unresolved
org
Magma Nusantara Ltd
p.138 ×2
unresolved
—
Julfi
· adi
p.163
unresolved
org
PT Pertamina Power Indonesia Composition
p.165
unresolved
—
Rio
· Direktur Keuangan
p.243
unresolved
person
Organ Pendukung
· Komisaris
p.279
unresolved
org
PT Datindo Entrycom.
p.292 ×2
unresolved
org
PT Datindo Entrycom. Pelaksanaan RUPS
p.292
unresolved
org
PT Datindo Entrycom. The AGMS
p.293
unresolved
org
PT Pertamina Ir. Nanette Cahyanie Handari Adi Warsito
p.293
unresolved
person
Ir. Nanette Cahyanie Handari Adi Warsito S.H.
p.293 ×4
unresolved
org
PSS
p.294 ×2
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