UN Global Compact welcomed PT Pertamina (Persero) to the CFO Coalition for the SDGs on 25 December 2024. This is where Pertamina can play a pivotal role in aligning corporate finance with the SDGs.
The Coalition brings together finance leaders who are committed to aligning corporate finance with the SDGs. By embracing the CFO Principles on Integrated SDG Investments and Finance, and implementing measurable Key Performance Indicators (KPIs), these leaders are driving significant investments into sustainable projects. Research demonstrates that companies adopting sustainable practices not only contribute to global development but also enjoy higher profitability, enhanced corporate reputation, and increased customer loyalty.
We look forward to Pertamina’s active participation in the CFO Coalition going forward.
Pertamina (Persero) also joined the SDG Investment Forum taken place on 26 September 2024 at 601 Lexington Avenue, New York during the UNGA79 on 26 September 2024 which brought high-level representatives from companies, banks, financial institutions and international organizations, including CFOs, CIOs and other Executives from the CFO Coalition for the SDGs, PRI, and UNEP FI. The session discussed the strategic relevance of SDG-aligned corporate investments and the materiality, credibility and ambitiousness of SDG targets concerning SDG-linked financial products. In addition to the keynote presentation and panels, a workshop on sustainable finance was included to receive feedback on the first findings gathered by the CFO Coalition in the climate-related workstreams on investments and financing.
