Indonesia’s commitment to environmental, social and governance (ESG) principles is clear from its 2022 G20 Presidency focus on sustainability and environmental leadership, with topics likely to include digitalisation and sustainable finance. The recent UN COP26 conference, meanwhile, has further solidified climate sustainability as an urgent concern for the coming decade – for Indonesia as well as the world.
Socio-economic development topics covered in this ESG Intelligence report include OJK regulations, Indonesia’s Carbon Tax and the EU’s Carbon Border Adjustment Mechanism; the planned new capital, which could offer a global blueprint for smart city development; and agri-business sustainability. At the business level, the report outlines the role of corporate ESG strategy in long-term value creation, and evaluates the incumbent challenges in ESG reporting and benchmarking.