Indonesian Political, Business & Finance News

IIF and Indonesia Eximbank Synergise Sustainable Business Practices

| | Source: INVESTOR.ID Translated from Indonesian | Economy
IIF and Indonesia Eximbank Synergise Sustainable Business Practices
Image: INVESTOR.ID

PT Indonesia Infrastructure Finance (IIF) and Indonesia Eximbank/Lembaga Pembiayaan Ekspor Indonesia (LPEI) have synergised to support the application of Environmental, Social, and Governance (ESG) principles to international standards. Through the collaboration, Indonesia Eximbank can build a more resilient, transparent and sustainable financing system, while accelerating the institution’s readiness as part of supporting Indonesia’s accession agenda. IIF will provide strategic guidance to strengthen policies, systems and internal capacity of Indonesia Eximbank in implementing ESG principles comprehensively. The support includes strengthening ESG policy, environmental and social risk management systems, and carbon emissions management, which will collectively support compliance with international standards and criteria. The collaboration was formalised with the signing of a memorandum of understanding (MoU) in Jakarta on 2 March 2026. Chief Executive Officer of IIF, Rizki Pribadi Hasan, explained that the partnership is a strategic step for IIF to support corporate transformation in Indonesia through a strengthened ESG framework. “We believe that ESG implementation will create long-term added value for both institutions,” he said in a statement on Thursday, 5 March 2026. In addition to financing infrastructure projects, IIF also actively provides advisory services to the public and private sectors such as feasibility study preparation, transaction advisory, financial advisory, strategy and business advisory, economic and/or financial assessment, social and environmental advisory, and policy advisory. Meanwhile, Executive Director of Indonesia Eximbank Sukatmo Padmosukarso said the collaboration is an important part of Indonesia Eximbank’s efforts to raise the quality of export financing practices to align with prudent global standards and sustainability principles. He added that Indonesia Eximbank continues to strengthen governance, improve the quality of its financing portfolio, and develop more comprehensive and sustainable risk management. The move underscores a joint commitment to driving a transformation towards globally competitive financing practices that meet international standards. As part of the Ministry of Finance’s Special Mission Vehicle, the collaboration strengthens the role of the national financing institutions in supporting the sustainable development agenda while increasing Indonesia’s competitiveness globally through the adoption of international standards and best practices.

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