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KADIN INDONESIA

Indonesian Chamber of Commerce and Industry

KADIN INDONESIA

Indonesian Chamber of Commerce and Industry

Implementation of ESG Integration in Indonesia

As one of the many collaborative events to celebrate 75 years of trade relations between the UK and Indonesia. One of BritCham Indonesia's HUBs, the Smart Sustainable Cities HUB, recently partnered with Kadin Indonesia to organise an event focused on integrating ESG practices into corporate strategy.

The event, held at Menara Kadin Indonesia on 21 March 2024, discussed the challenges and opportunities for stakeholders and leaders from the public, private, and academic sectors regarding ESG implementation in Indonesia.

According to survey results from 2000 companies, 35% of respondents have understood ESG principles. While the rest, do not understand ESG and still need guidance on proper ESG practices, especially in achieving Net-Zero goals.

With the support of Kadin Net Zero Hub, the event examined the roles of the government in supporting companies to conduct ESG practices and also examined the relationship between ESG and Net-Zero initiatives.

Meanwhile, the Government of Indonesia is aggressively socialising the importance of collaboration between the private sector or stakeholders and ministries to achieve ESG goals. This effort is one of the keys to promoting sustainable development and ensuring a more prosperous future.

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KADIN INDONESIA

Indonesian Chamber of Commerce and Industry