30/11/2023. PT Bank Negara Indonesia (Persero) Tbk or BNI is a State-owned bank consistent in carrying out the disclosure of Environmental Social Governance (ESG) reports.
The reports’ disclosure coincides with the growing progressive use of ESG to assist governments in achieving long-term economic success.
BNI won the ESG Disclosure Transparency Award 2023 as a company with the BB Management Predicate from Investortrust and Earth Global Carbon Foundation.
It is known that the Earth Global Carbon Foundation is a member of the Global Reporting Initiative (GRI), the Task Force on Climate-related Financial Disclosure (TCFD) and the Silver Partner of the Carbon disclosure Project (CDP) which conducts assessments using a methodology that uses 33 ESG factors based on leading capital market ESG factor, regulatory studies, international agreements, as well as reporting standards and guidelines that have also been through assurance processes by independent third parties.
An evaluation of ESG disclosure needs to be carried out to measure the extent to which ESG transparency has been achieved by the company and what steps might be done to improve ESH disclosure performance.
BNI Corporate Secretary Okki Rushartomo said the award is increasingly demonstrating the proactive role of BNI as a BUMN bank in implementing sustainable finance in Indonesia.
BNI continues its efforts to implement ESG aspects through five sustainability pillars namely BNI for Indonesia, customers, the environment, the community, and employees.
"Based on the sustainability pillar of GNI, we believe we will be able to realize sustainable economies and a better future for achieving sustainable development goals or SDGs," Okki stated.
As one of the first movers on sustainable finance in Indonesia, BNI has generally made efforts to maintain environmental conditions, control emissions and energy management in line with the Indonesian Government's commitment to reduce greenhouse gas emissions.
BNI makes a direct contribution by subsidizing the environmentally friendly and energy transition industries, encouraging debtors to begin using ESG principles, and enhancing environmental and social outcomes.
"We hope this award will enable BNI to further strengthen its efforts for sustainable financial implementation in Indonesia forward," he said.