PT Energi Mega Persada Tbk and its subsidiaries (“EMP”) are committed to forming an Environmental, Social and Governance (ESG) Committee as a strategic step to ensure that the Company’s business practices are carried out sustainably and meet ESG standards in the Company’s environment.
EMP ESG Committee Composition
The ESG Committee consists of members from various business functions across the Company’s strategy and operations.
The ESG Committee will be chaired by the Vice President Director and report directly to the President Director of EMP. The ESG Committee’s role is to maintain oversight of EMP’s sustainability initiatives, monitor their effectiveness and guide their alignment with the company’s long-term strategic objectives.
Through updates and recommendations to the Board of Directors, the ESG Committee ensures that sustainability efforts comply with current regulations and are proactive in anticipating future ESG risks or opportunities.
The ESG Committee plays a critical role in ensuring that all sustainability initiatives not only comply with applicable regulations, but are also aligned with EMP’s long-term vision in managing ESG risks and opportunities in the oil and gas sector.
Duties and Responsibilities
Meeting Procedures
Committee meetings are held at least once a year and are considered valid if attended by at least 80% of the members. Meetings can be held in urgent situations to provide recommendations to the Board of Directors. The results of the meeting are documented in the minutes, reported to the Committee Chair, and submitted to the company management after obtaining approval from the Board of Directors. This procedure ensures that meetings run regularly, effectively, and the results are followed up according to the company’s needs.
Committee meetings are held at least once a year and are considered valid if attended by at least 80% of the members. Meetings can be held in urgent situations to provide recommendations to the Board of Directors. The results of the meeting are documented in the minutes, reported to the Committee Chair, and submitted to the company management after obtaining approval from the Board of Directors. This procedure ensures that meetings run regularly, effectively, and the results are followed up according to the company’s needs.
Other Provisions
Matters that are not adequately regulated in this structure will be further regulated by the Company. This structure can be changed or reviewed if necessary.
This provision provides flexibility for the company to adjust and update the rules according to future needs and developments.
Matters that are not adequately regulated in this structure will be further regulated by the Company. This structure can be changed or reviewed if necessary.
This provision provides flexibility for the company to adjust and update the rules according to future needs and developments.