PT Alamtri Resources Indonesia Tbk (ADRO), formerly known as PT Adaro Energy Indonesia Tbk, has taken strategic steps in implementing Environmental, Social, and Governance (ESG) aspects through various programs and business innovations.
In November 2024, ADRO officially changed its name to PT Alamtri Resources Indonesia Tbk. This name change reflects the company's commitment to focusing more on green business practices and environmentally friendly projects, supporting the national energy transition.
The name Alamtri represents the management of Indonesia's natural resources through three key elements: land, water, and air, with a focus on responsibility and sustainable innovation.
As part of its ESG strategy, Alamtri has diversified its business into the renewable energy sector. Ongoing projects include a 1.4 Gigawatt Hydroelectric Power Plant (PLTA) in North Kalimantan and a Solar Power Plant (PLTS) in Central Kalimantan.
Alamtri has also established a business pillar, Adaro Green, to capture opportunities in the renewable energy sector. The company plans to utilize renewable energy sources such as solar, hydro, biomass, wind, and waste energy to reduce its carbon footprint.
On the social aspect, the company has also strengthened its corporate social responsibility activities. Alamtri leveraged the momentum of the Ramadan month to run its goodwill programs.
One of the activities carried out was a joint iftar (breaking of fast) event with 1,000 orphaned children from 20 orphanages spread across Jakarta, Depok, Tangerang, and Bekasi, held recently at the At-Thohir Mosque.
Alamtri's President Director, Garibaldi Thohir, stated that this program is an annual routine activity that the company has been conducting since 2011. "For me, this is something extraordinary. Seeing them happy is very, very touching," he said in his statement on Saturday (March 15).
During the event, the man commonly known as Boy Thohir reminisced about his father, Mochammad Thohir, who was an orphan at the age of 11 and a migrant from Lampung. Mochammad Thohir was a migrant from Lampung.
As is known, ADRO recorded a revenue of USD 2.07 billion last year, slightly down from USD 2.13 billion in 2023. The company's revenue last year was still predominantly derived from coal sales. Coal sales to third parties amounted to USD 699.65 million, growing 16.63% year-on-year.
