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Moving Forward Amid Doubts

Monday, December 7, 2020

Indonesia’s banking industry shows an increased commitment to sustainable business principles. But the road to green banking still lies for many miles ahead.

The Indonesian Sustainable Finance Initiative welcomes five new members, CIMB Niaga, Bank Syariah Mandiri, OCBC NISP, Maybank Indonesia, and HSBC Indonesia, at the Indonesian Stock Exchange, Jakarta, November 2019./ WWF doc.. tempo : 173056496727.

THE Financial Services Authority (OJK) received good news on Tuesday, December 1. That day, the world’s largest independent conservation organization, the World Wide Fund for Nature (WWF), released its Sustainable Banking Assessment 2020, a report on Southeast Asian, Japanese, and South Korean banks’ implementation of environmental, social and governance (ESG) standards.

The report, which highlights eight Indonesian banks—out o

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Tempo English Monday, December 7, 2020
Tempo English Monday, December 7, 2020
Tempo English Monday, December 7, 2020
Tempo English Monday, December 7, 2020

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