Sustainable Banking

Sustainable Banking in Indonesia

In cooperation with Indonesia’s financial regulator, the Financial Service Authority (Indonesian: Otoritas Jasa Keuangan or OJK) and the WWF Indonesia, GIZ’s Emerging Markets Dialogue on Finance offers capacity building trainings in environmental, social and governance (ESG) risk management procedures for the major Indonesian banks.

The initiative is integral part of Indonesia’s Sustainable Finance Roadmap launched by OJK in conjunction with the Ministry of Environment and Forestry in year 2015. The roadmap functions as the key guidance document for the finance industry and other parties involved in supporting sustainable development. As a result of the roadmap, the largest eight banks – representing over 50 percent of the national banking capital assets – are required to integrate ESG criteria into their risk management practices. In order to build the necessary capacities on ESG risk management, the initiative offers technical workshops for risk and compliance managers as well as representatives from legal and sustainability departments, and establishes the Indonesia Sustainable Finance Initiative (ISFI) Roundtable of first movers.




EMDF | Emerging Markets Dialogue on Finance