Adaro Energy Indonesia On The "Dirty 30" List

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Adaro Energy Indonesia On The "Dirty 30" List

Environmental activists from Enter Nusantara, Market Force, and Greenpeace Indonesia, who are part of the Civil Society Coalition, are performing a theatrical action to present the ''Toxic Bond'' award to Adaro Energy Indonesia in Jakarta, Indonesia, on May 8, 2024. Greenpeace Indonesia is stating in a press release that this action is being taken following the Dirty 30 analysis by Toxic Bond, which identified Adaro Energy Indonesia as one of the world's 30 dirtiest bond issuers, alongside other fossil fuel companies like Exxon and Shell, with a bond value of US$750 million. Additionally, research from the Carbon Major Database indicates that Adaro is among the companies responsible for 80% of carbon emissions since the signing of the Paris Agreement from 2016 to 2022. Adaro Energy Indonesia is a holding company that operates through subsidiaries in the coal mining and services sector, as well as in renewable and non-renewable energy, utilities, minerals, and mineral processing, and it has its head office in Jakarta. (Photo by Aditya Irawan/NurPhoto)


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