Developing the 2026 Sustainable Financing Framework, Pegadaian and SMBC Indonesia Strengthen Collaboration

PT Pegadaian (Pegadaian) and PT Bank SMBC Indonesia Tbk (SMBC Indonesia) are strengthening their commitment to integrating Environmental, Social, and Governance (ESG) principles into business strategies through the development of the Sustainable Financing Framework 2026. This step is part of Pegadaian’s transformation to expand its role as a financial institution that not only focuses on financial performance but also on creating long-term value for society and the environment.

This collaboration is a continuation of the signing of a Memorandum of Understanding (MoU) as part of the Indonesia-Japan Strategic Partnership Forum in March 2024. As a concrete implementation, Pegadaian and SMBC Indonesia have completed the refinement of the financing framework from the Social Financing Framework 2024 to the Sustainable Financing Framework 2026 with a more comprehensive scope. This not only covers social aspects but also green (environmental) and orange (gender equality, social inclusion, including women’s empowerment) aspects.

Ferdian Timur Satyagraha, Director of Finance and Strategic Planning at PT Pegadaian, stated, “This collaboration is a strategic step for Pegadaian in strengthening its role as an inclusive financial institution oriented towards sustainability. The refinement of the Sustainable Financing Framework 2026 serves as an important milestone in integrating sustainability principles into business strategies in a more comprehensive and measurable manner. We appreciate the support and close collaboration from SMBC Indonesia in the development of this framework.”

Nathan Christanto, Head of Wholesale, Commercial & Transaction Banking at SMBC Indonesia, added, “Through the refinement of Pegadaian’s Sustainable Financing Framework 2026, we hope to demonstrate SMBC Indonesia’s support for Pegadaian and the Republic of Indonesia in expanding access to sustainable financing while strengthening positive impacts on society and the environment.

This aligns with our commitment to continue supporting Astacita and President Prabowo Subianto’s development agenda, particularly in expanding sustainable financial access and strengthening the national financial industry ecosystem.”

This collaboration also strengthens SMBC Indonesia’s position as a trusted banking institution with global capabilities and deep local understanding. This is reflected in SMBC Indonesia’s role in the refinement process of Pegadaian’s Sustainable Financing Framework 2026, ensuring that the financing framework can provide maximum contribution with measurable global standards for social and environmental aspects.