Measuring the Progress of Sustainable Banking Finance Policies in Indonesia

The policy assessment 2022 report carried out by The PRAKARSA as coordinator of the Fair Finance Indonesia coalition examines the performance of banks in implementing sustainable finance in Indonesia. This report was prepared on the encouragement and commitment of the coalition to continue contributing to sustainable development, especially to sustainable finance. This report not only wants to invite readers to become more aware of the progress of the financial services sector in its policies related to Environment, Social and Governance (ESG), but also to provide a critical note on policies that need improvement.

This report assesses policies from various aspects according to international financial guidelines/methodologies developed by Fair Finance Guide International (FFGI). This assessment was conducted on 11 banks in Indonesia, representing the largest group of commercial/commercial banks in Indonesia in terms of total assets and core capital. The 11 banks are Bank BNI, BRI, Mandiri, BCA, CIMB Niaga, Danamon, Maybank, BJB, Permata Bank, DBS, and HSB.

This evidence-based report aims to be a reference for policy makers, banks, CSOs and academics, as well as a source of the latest information on the progress of sustainable finance, especially from the banking side in Indonesia.

Check out the full report by clicking the download on The PRAKARSA website.