Indonesian Political, Business & Finance News

Green business group formed

Green business group formed

JAKARTA (JP): Thirty-five businessmen and several other parties have set up an association to raise environmental awareness in the business community and among the general public.

The People's Movement for Environment Preservation (Gerakan Masyarakat Pelestari Lingkungan Hidup) is chaired by A. Hafied Moerdani and his deputy, Anton Avianto Mochtar.

Hafied said the Movement will set up a foundation called the Yayasan Bina Lingkungan to manage funds from a number of businesses owned by its members. One is a refinery in the Pinrang regency, South Sulawesi.

The Foundation will receive five to 10 percent of profits made by members of the Movement, Hafied said. Interested investors must comply with the Foundation's minimum pollution guidelines.

Among the nine members of the Movement's national coordination board is Taufik Dwicahyono Try Sutrisno, son of the vice president. (anr)

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