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SUN Energy dan Sojitz Dorong Proyek PLTS di Kawasan Industri GIIC – Copy
SUN Energy dan PT Sojitz Indonesia menandatangani Nota Kesepahaman mengembangkan
11 December 2022
ABOUT EMI
About Us
EMI aspires to create a sustainable world that will allow us and the future generations to enjoy life on earth happier and longer. We can achieve that by minimizing the burning of fossil fuel to reduce global warming, cutting enough trees annually that can be regrown, or even designing energy-efficient building involving renewable enery as its main power source. Yet no matter how big our dream is, we will never be able to transform our world to be sustainable alone. We believe that all kinds of collaborations will bring enough impact to create a sustainable world that we aspire.
Vision
To be the leading renewable energy player in South East Asia, trusted by customers, employees, society and other stakeholders
Mision
Our mission is to provide green energy solutions to compliment or substitute the world’s current energy source
Milestones
2017
Berau Coal
We started the business by providing green energy power system at PT Berau Coal Energy.
2017
KAT Birang
We also provided electricity to the area that previously had no access to electricity in Birang.
2018
First 10 MVp Projects
Our renewable energy business line for industrial and commercial sector has completed its first 10 MWp projects using a lease-funding financial model.
2018
ASIAN Games
We are delighted to support ASIAN Games 2018 by installing 32 solar charging stations at various sports facilities.
2019
PT SMART Tbk
We provided our first hybrid sources for solar energy for water pumping facilities in oil palm plantations.
2019
Sinarmas Land
We scored the contract deal for solar panels installation of 24 MWp for Sinarmas Land.
2020
ISO Certified
We are ISO certified, including Quality Management System, Environmental Management System and the Occupational Health and Safety Management System.
2020
Project North, Thailand
We acquired 17 MWp solar farm project in Thailand, this marks our first installation project in Southeast Asia.
2021
Merredin Solar Farm
We are delighted to have acquired Merredin Solar Farm, the largest solar farm of 132 MWp in Western Australia.
2018
Series A Funding
Our industrial and commercial business line managed to secure series A funding from several Indonesia’s most prominent entrepreneurs.
Why is Solar Energy Better?
A clean, renewable and unlimited energy source
A way of reducing carbon emission and pollutione
An affordable
and cost-effective system
A promise of a better future and Increase company value
Award & Certification
The Best Innovation in Marketing and The Best in Green Marketing - Marketing Magazine 2021
SUN Energy wins the best innovation in marketing and green marketing from Marketing Magazine
Best CFO - SWA Magazine 2021
Evy Susanty, Chief Financial Officer of SUN Energy earns Indonesia’s Best CFO title from SWA Magazine
The Best Start Up Company for RE Development - METI IRES 2021
SUN Energy named as the best start up company for Renewable Energy Development from METI IRES (Indonesia Renewable Energy Society)
1st Digital Marketing Champion in Manufacturing & Distribution - SWA Magazine 2021
SUN Energy wins 1st place of Digital Marketing Champion in Manufacturing & Distribution category from SWA Magazine
Certified ISO 45001, ISO 9001, and ISO 14001 in 2021
SUN Energy gains ISO 45001, ISO 9001 and ISO 14001 certification regarding Occupational Health and Safety Management System (OHSMS), Quality Management System (QMS), and Environmental Management System (EMS)
Going Solar is Easy
Download our company profile for more information
Governance
As a leading solar project developer, SUN offers various financing models including zero upfront cost, where customers can enjoy affordable electricity from clean energy with monthly rental payments. SUN Energy solar panel projects are tailor-made to meet every need, including residential, office buildings, factories, shopping centers, hotels, hospitals, gas stations, and mining areas. Trusted by various blue chip companies in Indonesia, SUN Energy works with leading technology partners to ensure quality, reliability and efficiency.
Corporate Structure
Management Team
Commissioners
Roy Wijaya
F.X. Sutijastoto
Bambang Setiawan
Handoko Satria Putra
Directors
Dion Pius Jefferson
Verry Kristianto Soeswanto
Evy Susanty
Herry Santoso
Corporate Secretary
Evy Susanty
Nadya Theresia Sihombing
Audit Committees
Handoko Satria Putra
Handra
Anton Djojo
EMI Board of Directors and Board of Commissioners Charter
Duties and Authorities of the Commissioner
The Board of Commissioners has the following duties and authorities:
- The Board of Commissioners provides advice to the Board of Directors in carrying out the management of the Company through joint meetings held every quarter.
- The Board of Commissioners examines and reviews the Periodic Report and Annual Report prepared by the Board of Directors, and signs the Annual Report.
- The Board of Commissioners authorizes the Board of Directors to appoint a Public Accounting Firm.
- The Board of Commissioners provides advice and recommendations regarding matters that need to be carried out for efficiency and to increase the productivity of the Company.
- Conduct Annual GMS and Extraordinary GMS in accordance with their authority as regulated in laws and regulations and the Articles of Association.
Duties and Authorities of the Board of Directors
The Board of Commissioners has the following duties and authorities:
- The Board of Commissioners provides advice to the Board of Directors in carrying out the management of the Company through joint meetings held every quarter.
- The Board of Commissioners examines and reviews the Periodic Report and Annual Report prepared by the Board of Directors, and signs the Annual Report.
- The Board of Commissioners authorizes the Board of Directors to appoint a Public Accounting Firm.
- The Board of Commissioners provides advice and recommendations regarding matters that need to be carried out for efficiency and to increase the productivity of the Company.
- Conduct Annual GMS and Extraordinary GMS in accordance with their authority as regulated in laws and regulations and the Articles of Association.
Organization Structure
Corporate Governance
Risk Management
In their daily business activities, the Company and its Subsidiaries are exposed to various risks. The main risks faced by the Company and its Subsidiaries arising from financial instruments are credit risk, market risk (i.e. foreign exchange risk), and liquidity risk. The following is an explanation related to the Company’s risk management on the risks owned by the Company.
Credit Risk
The Company and its Subsidiaries are exposed to credit risk in relation to the financial guarantees provided to banks by the Company. The maximum exposure of the Company in this case is the maximum amount that must be paid by the Company if the guarantee is withdrawn. Therefore, the Company and its Subsidiaries have and implement policies and procedures for granting credit to ensure careful credit evaluation and active supervision of accounts receivable. The Company and its Subsidiaries manage the credit risk associated with deposits in banks by monitoring reputation, credit rating and limiting the aggregate risk of each party to the contract.
Foreign Exchange Rate Risk
The Company implements a hedging policy for loans denominated in foreign currencies whose interest rates have been determined in advance to reduce financial turmoil due to exchange rate volatility or changes in market interest rates. In implementing the hedging policy, the Company uses derivative financial instruments, such as cross currency swaps as part of its asset and liability management activities to protect against foreign currency risk and interest rate risk where transactions in currencies are recorded at the rates of exchange prevailing at the time the transactions are made. .
Liquidity Risk
Liquidity risk is the risk that the Company and its Subsidiaries cannot meet their obligations when they fall due. Management evaluates and closely monitors cash inflows and cash outflows to ensure the availability of funds to meet the payment needs of maturing liabilities. In general, the need for funds to pay off short-term and long-term liabilities that are due is obtained from sales to customers.
Sustainability Risk
The Company has identified various risks related to its business operations, namely the possibility of disturbing the environmental ecosystems at solat panel sites. In this context, the Company performs risk mapping on a consistent basis, and conduct business feasibility studies and environmental impact analysis at each development site or NRE project. This is one of the Company policies that acts as a reference in business development. Through the Public Relations Department, the Director of Operations consistently monitors and mitigates the operasional risks from the Company’s activities
Anti-Corruption
The Company actively prevents corrupt behavior within our sphere of influence. This includes assessing corruption risks when conducting business and ensuring that internal procedures support the Company’s anti-corruption commitment. The Company is committed to conducting business in a professional, legal and appropriate manner.
Our reputation for integrity and excellence is upheld by careful observance of the highest conduct and personal integrity standards. This involves enforcing internal policies relating to our ethical conduct throughout interactions with colleagues, customers, and vendors.
We have established a framework to assess the ongoing developments and their potential impacts, to address our business operations and our people’s needs, adapt our technologies and approaches to help organizations navigate through the difficulty. Against this framework, our priorities are clear: to protect our team members, innovate for our customers, and rise to the challenge of supporting our communities. The Company will continue to increase the availability of af-ordable, clean, and sustainable energy for underprivileged Indonesian families, providing future generations with the opporunity to reach their full potential.
Internal Audit Charter
The Charter of the Company’s Internal Audit Unit is made in accordance with the Financial Services Authority Regulation Number: 56/POJK,04/2015 concerning the Establishment and Guidelines for the Preparation of Internal Audit Unit Charter and is determined based on the approval and authorization of the Board of Commissioners as stated in the Circular decision of the Board of Commissioners in lieu of the Company’s Board of Commissioners Meeting dated July 2, 2021.
CSR (Corporate Social Responsibility)
The Company has helped provide clean energy access through sustainable off-grid solar energy for public facilities such as schools, mosques, and clinics in rural Indonesia.
EMI has contributed to the successful electricity supply of Muara Seberang Village, Tanjung Jabung Barat, Jambi. The Company provided solar energy for 7 public facilities; a community health center, school, village head’s office, and mosque that benefited more than 1,000 people, sustainably improving their quality of life, and was inaugurated in 2021.
This program is a pilot program that will be implemented in other rural areas in Indonesia. The Company aims to support the electrification ratio in rural areas by developing the “1 MWp for 1 village” program. The provision of electricity in rural areas has helped fishermen catch fish at night and allowed children to study without having to worry about lack of light. This initiative enables communities to access new opportunities to escape the impact of poverty, generate income, and improve healthcare and education while protecting the environment.
The Company’s CSR program enables access to clean and potable water from the Holy Lake Batur to 48 temples located in villages in Kintamani, Bali. Going forward, they can get refillable water for free. In addition, the Company has also provided technical training to 53 members of the Batur UNESCO Global Geopark Youth Forum on BWRO and the role of youth in sustainable development, particularly solar power. This program is intended to instill in the next generation the importance of protecting the environment for a sustainable future.
Emissions & Waste Management
In line with the nature of solar panel installations which are renewable energy, the Company’s solar panel installations do not produce significant emissions, waste or effluents.
Almost all of the Company’s installation project sites are located in manufacturing industry locations which have environmental impact analysis studies, the Company has no exposure to biodiversity from flora and fauna in the surrounding environment.
The Company’s waste comes from office operations, such as paper and stationery. The amount of waste is relatively small.
Human & Labor Rights
- Support and respect the protection of internationally proclaimed human rights
● Covid-19: Ensuring the Safety and Welfare of Employees
● The Company Supports and Respects the Universal Declaration of Human Rights
● Employee Appreciation Awards
● Company Benefits
● Hiring, Training & Development
● Anti-Discrimination / Harassment Policy
● Accident Prevention - Uphold freedom of association and effective recognition of the right to collective bargaining.
- Abolition of all forms of forced and compulsory labor Overtime policy
- Effective abolition of child labor
- Elimination of discrimination in respect of employment and occupation
Responsibility, Innovation & Product Development
Innovation and development are essential in increasing the efficiency of operational activities and improving processes to reduce economic losses. EMI continues to explore new environmentally friendly power generation technologies. By maximizing expertise; knowledge; and technolgy, the company continues to drive business innovation and development. In addition, the company actively provides internal learning to ensure the readiness and improvement of internal human resources.
EMI continues to conduct research and explore new possibilities in new and life-changing renewable energy, such as advances in solar power, new hydrogen technology, integration of various renewable energy sources. This consistent approach is undertaken to ensure wider distribution of electricity from EBT sources to Indonesian communities and provide support for sustainable development. EMI also continues to support community empowerment towards EBT development.
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External Parties
Public Accountant
EY Indonesia - KAP Purwantono, Sungkoro & Surja
Indonesia Stock Exchange Building, Tower 1, 13th Floor, Tower 2, 7th Floor, JL. Jend. Sudirman Kav. 52-53, South Jakarta, Jakarta 12190
Securities Rating
PT Kredit Rating Indonesia
Sinarmas Land Plaza Tower 3 Lantai 11, Jl. M.H. Thamrin No. 51 Kav. 22, Jakarta Pusat 10350
Trustee
PT Bank Pembangunan Daerah Jawa Barat dan Banten Tbk
Menara Bank BJB, Jl.Naripan No.12-14, Bandung 40111
