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PT Vale Indonesia Tbk has a Net Zero Emission Target in 2050

investor.id

Tue 15 Oct 2024, 11:48 AM

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PT Vale Indonesia Tbk has set a target to achieve Net Zero Emission (NZE) by 2050, implementing various steps to meet this goal.

Chief Sustainability and Corporate Affairs Officer of Vale Indonesia, Bernardus Irmanto, stated that one of the efforts is reducing CO2 emissions in Sorowako, South Sulawesi, by 33 percent by 2030.

"When we talk about technology and all partnerships for new projects, we all share the same goal of achieving net zero by 2050," said Bernardus during a presentation at the second day of the Investor Daily Summit held at the Jakarta Convention Center (JCC) Senayan on Wednesday, October 9, 2024.

In addition to this, Vale Indonesia is committed to maintaining and even enhancing its use of lower-energy technologies in its new projects.

Moreover, to support the target for renewable energy (EBT) mix, PT Vale Indonesia Tbk, as a member of the state-owned mining holding (MIND ID), has been a pioneer in renewable energy usage since the 1970s. Vale has also constructed hydroelectric power plants (PLTA).

"Currently, we operate three hydroelectric power plants in Sorowako with a green energy capacity of around 365 megawatts. The four smelting furnaces operated by Vale are 100 percent powered by hydropower," he explained.

According to Bernardus, this is what makes PT Vale's plant in Sorowako have the lowest carbon emissions in Indonesia, earning recognition from various parties.

Thus, PT Vale Indonesia Tbk continues to develop a roadmap to meet its goals and responsibilities.

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