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Encouraging Competitiveness, ABM Investama Strengthens Implementation of ESG

Sustainable commitment to grow with the community, through the application of Environment, Social and Governance (ESG)

JAKARTA, 29 April 2021 - The commitment of PT ABM Investama Tbk (ABM) in responding to climate change is consistently carried out. This is reflected in the achievement of the Gold category award at the 2021 Corporate Emission Award event. This national scale event is held online by Investor magazine, Bumi Global Karbon, and Berita Satu Media Holding in Jakarta, Thursday, April 29, 2021.

As an integrated energy company, ABM has witnessed major changes taking place in the mining sector. Climate change is one of the risks in its business assets. Therefore, ABM always strives to manage its operational activities based on proper management of Environment, Social and Governance (ESG). ABM and all its subsidiaries continue to carry out various steps and strategies in implementing ESG.

Andi Djajanegara as the President Director of ABM explained that the increasing attention given to governance, environmental and social aspects in determining business sustainability has encouraged the Company to pass on positive values ​​that have broad impacts towards the future. "ABM is always committed to improving company performance in a sustainable manner. We believe that a strong application of ESG in companies can support efforts to mitigate climate change, which leads to sustainable performance improvements and better competitiveness for the company, and all its business entities," Andi explained.

According to him, a good ESG implementation is needed to support business continuity in a sustainable manner. Especially in facing the COVID-19 pandemic which has an impact on all sectors of the economy and the joints of life.

"In the face of the COVID-19 pandemic, ABM strives to maintain the safety of workers and all stakeholders in all its operational areas by implementing health protocols and periodic inspections of employees at operating locations, implementing a work from home policy for non-mining operating employees, providing assistance to the task force for handling COVID-19 in the mining operation area, in the form of providing medical equipment, socialization of prevention and logistical assistance, "he added.

ABM's commitment to implementing ESG has been further strengthened by the existence of various other awards that were successfully obtained throughout 2020, the 4 Star award and the TOP CSR Leader from the 2020 TOP CSR Award, an award from the Minister of Environment and Forestry of the Republic of Indonesia for the category of Rehabilitation Inspirator of conservation area, and got the best rank for ESG AWARD 2020 on ESG disclosure for listed companies in the investment sector.

This achievement is a manifestation of a business sustainability strategy that is consistently implemented. Both internally, the use of solar electricity, the use of the latest mining equipment that is efficient and more environmentally friendly, and externally through environmental-based community involvement and empowerment, the "OVOP (One Village One Product)" for self-reliance and food security program around the mine, and rehabilitation and preservation of critical land ecosystems in conservation area (DAS) starting from the upstream area to the preservation of coral reefs.

The application of ESG becomes the foundation for ABM and all of its subsidiary entities, especially in terms of transparency of good governance through sustainability reports, in order to support the government's efforts to achieve the targets of the national sustainable development goals / SDGs (Sustainable Development Goals).

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