Climate Change Data

Environmental Metrics

ESG Focus Areas

• Sustainable Finance
• Green Financing
• Employee Well-being
• Corporate Social Responsibility

Environmental Achievements

• Efforts to improve efficiency and reduce the use of energy and other non-recyclable materials
• Participation in financial literacy and inclusion programs

Social Achievements

• Implementation of Occupational Health and Safety (3K) principles, including providing health insurance through the government's BPJS program
• Implementation of a work from home policy and social distancing measures to maintain employee health during the pandemic
• Allocation of Rp 10,000,000 for CSR programs (excluding financing disbursements)

Governance Achievements

• Implementation of Good Corporate Governance (GCG) principles
• Establishment of an Audit Committee and Internal Audit Unit
• Implementation of a fraud management system and whistle-blowing system
• Holding of the 2020 GMS electronically through e-RUPS due to pandemic restrictions

Climate Goals & Targets

Environmental Challenges

• Significant impact of the Covid-19 pandemic on the financing industry, including restructuring, collection problems, liquidity issues, decreased consumption, and increased NPF
• Decreased financing disbursement due to a conservative financing strategy
• Maintaining financing quality with zero NPF amidst a recovering economy

Mitigation Strategies

• Implementation of a conservative financing strategy
• Regular monitoring of debtors
• Updating standard operating procedures to align with sustainability programs
• Improving data management and information technology

Supply Chain Management

Climate-Related Risks & Opportunities

Opportunities

• Opportunities in green financing, particularly solar panel projects

Reporting Standards

Frameworks Used: POJK No. 51/POJK.03/2017 (Sustainable Finance), OJK Sustainability Reporting Standards

Environmental Metrics

ESG Focus Areas

• Sustainability
• Good Corporate Governance (GCG)
• Renewable Energy
• Employee Welfare
• Financial Inclusion
• Gender Equality

Environmental Achievements

• Reduced paper usage from 5 reams in 2019 to 2 reams in 2021.
• 33% of total financing in 2021 was used for green energy projects.

Social Achievements

• Launched employee well-being program including health insurance and annual recreational activities.
• 67% of employees in 2021 were women, 50% of management positions were held by women.
• Participated in financial literacy and inclusion programs.

Governance Achievements

• Implemented Good Corporate Governance (GCG) principles.
• Established Audit Committee and Nomination and Remuneration Committee.
• Implemented a whistle-blowing system.
• Implemented a fraud management system.

Climate Goals & Targets

Environmental Challenges

• Economic instability due to the COVID-19 pandemic.
• Government restrictions on community activities.
• Incomplete synergy between understanding and knowledge of sustainable finance.

Mitigation Strategies

• Focused on short-term corporate financing with a conservative strategy.
• Implemented alternate work shifts and work-from-home policies.
• Developed employee understanding of sustainable finance through training and seminars.
• Improved data management and information technology.

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI Standards, POJK No. 51/POJK.03/2017 (Sustainable Finance), SEOJK No. 16/SEOJK.04/2021 (Annual Report Format)

Third-party Assurance: KAP Johannes Juara & Rekan (Annual Financial Statements only)

UN Sustainable Development Goals

• Goal 7 (Affordable and Clean Energy)
• Goal 8 (Decent Work and Economic Growth)
• Goal 10 (Reduced Inequalities)
• Goal 13 (Climate Action)

Financing of green energy projects, employee welfare initiatives, financial inclusion programs, and compliance with regulations.

Awards & Recognition

• Iconomics Multifinance Awards: Best Performing Multifinance
• Investor Award 2021: Best Sectoral Company in Multifinance Industry