Holds Coordination Meeting, PTPN Group Continues to Accelerate Transformation to Strengthen Sustainable Business Growth

Bali, May 22, 2023 – Holding Perkebunan Nusantara is committed to continuing to transform the company, in order to provide greater influence on an international scale.
This was conveyed by the President Director of Holding Perkebunan Nusantara PTPN III (Persero) Mohammad Abdul Ghani, at the Coordination Meeting (Rakor) of PTPN Group which was held at Merusaka Hotel, Nusa Dua, Bali, on Friday-Sunday (19-21/05/2023).

The PTPN Group Coordination Meeting was opened by Deputy Minister of SOEs I Pahala Nugraha Mansury on Friday, May 18, 2022 at the Merusaka Hotel, Nusa Dua, Bali. The Coordination Meeting was also attended by Assistant Deputy for Plantation and Forestry Industries, Ministry of SOEs Rachman Ferry Isfianto, who on the same occasion presented the Plantation and Forestry Cluster Leadership Award. Abdul Ghani said that since the beginning of 2020, Holding Perkebunan Nusantara PTPN III (Persero) has made various transformations and improvements. Not only within PTPN III (Persero) as the parent company, but also in all subsidiaries.
“Financial restructuring, business model improvement, EBITDA transformation, and organizational restructuring through re-grouping of subsidiaries, as well as several other strategic initiatives have been implemented,” Abdul Ghani said.

Abdul Ghani emphasized that the transformation that has been well realized in the last two years will continue to be accelerated to achieve the company’s vision of becoming a “Global Player”. “Commitment and consistency to transform needs to be instilled in all Perkebunan Nusantara people. The ability to survive in a tight competitive situation and face various challenges is the focus of sustainability that must be maintained,” he added. Abdul Ghani further said that the PTPN Group Coordination Meeting is a means of coordination and realization of common perception, commitment, synchronization, and synergy between subsidiaries. “As the parent holding company, we will certainly continue to strive to unite strength, enthusiasm, and determination to achieve the company’s vision and mission,” he said.

This year’s PTPN Group coordination meeting is titled “PLANTFORMATION: Plantation & Transformation – Regroup to Boost Sustainable Growth”, where PTPN is committed to transforming to maintain food and energy security through integration and collaboration towards a sustainable PTPN Group. The agenda was attended by the entire Board of Commissioners and Directors of PTPN III (Persero), the Board of Commissioners, Directors, and Senior Executive Vice President (SEVP) of Subsidiaries, as well as all Division Heads.

Meanwhile, a number of topics were discussed, including the performance of PTPN Group, socialization of PTPN subholding work programs: SugarCo, PalmCo, and SupportingCo, the company’s long-term plan for 2023-2027 after integration, a talk show on post merger integration, and Corporate Social Responsibility (CSR) activities.

To support the implementation of ESG (Environment, Social and Governance), PTPN Group conducted a Social and Environmental Responsibility Program in Serangan Traditional Village, South Denpasar District, Denpasar City, Bali Province. This program involves the Guna Segara Fishermen Group, which consists of 25 people. In participating in preserving the marine ecosystem by reducing the risk of coral reef damage from overfishing activities, PTPN Group provided assistance for 1 Unit of Sea Catfish Cultivation Cages and 10 Coastal Nets.

This assistance is intended to cultivate caught fish so that it can have better economic value, help improve the economy of fishermen, and help catch small fish around the coast to be cultivated. It is hoped that this assistance can reduce damage to marine ecosystems by switching to fish farming as a form of sustainable marine, coastal and land cultivation development.