PETRONAS - Integrated Report 2020

Integrated Report 2022

2022

Integrated Report

Resolutely Progressive

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Our
Purpose

We are a leading global energy company committed to powering society’s progress in a responsible and sustainable manner. As Malaysia’s national oil and gas company, we safeguard and manage the nation’s hydrocarbon resources to ensure national energy security and maximise value.

Financial Highlights

Financial
Highlights

In 2022, the oil and gas industry faced heightened uncertainty and volatility. At PETRONAS, we leveraged our strong integrated value chain, demonstrated agility and resilience to capitalise on the opportunities from market uptrends.

Key Messages

We are pleased to present the key messages from our Chairman, CEO, and CFO as they share their perspectives on our achievements, challenges and future direction of our Company.

PETRONAS Activity Outlook

PETRONAS Energy
Transition Strategy

As the momentum for energy accelerates, the PETRONAS Energy Transition Strategy will enable us to thrive, delivering our aspiration and purpose in a just and responsible manner.

Business
Highlights

We deliver energy with reduced carbon emissions at competitive cost through our four core businesses, as well as offer cleaner energy solutions through our subsidiary company, Gentari.

Our Sustainability Journey

We have stepped up our commitment to sustainability by setting measurable targets for our NZCE 2050 pathway and investing in real emissions reduction projects, renewables and clean energy solutions.

Appendix or Non-financial Content

Non-financial Content Index

This index outlines the mapping of ESG disclosures; IPIECA, GRI, WEF and TCFD aligned to the content in this report. This ensures a comprehensive and coherent approach to ESG reporting and demonstrates our commitment to sustainability, transparency, and responsible business practices.