Indonesia Eximbank Partners with IIF to Implement ESG

REPUBLIKA.CO.ID, JAKARTA – PT Indonesia Infrastructure Finance (IIF) and Indonesia Eximbank/Lembaga Pembiayaan Ekspor Indonesia (LPEI) signed a memorandum of understanding on cooperation to implement Environmental, Social, and Governance (ESG) principles to international standards on 2 March 2026. The collaboration aims to strengthen the financing system that is transparent, resilient, and sustainable. Through this collaboration, Indonesia Eximbank is encouraged to strengthen the institution’s readiness in implementing financing practices aligned with global standards. This step also supports the agenda to enhance the competitiveness of the national financing institutions. IIF will provide strategic guidance to strengthen policies, systems, and internal capacity at Indonesia Eximbank in applying ESG principles comprehensively. The support includes strengthening ESG policy, environmental and social risk management systems, and carbon emissions management. “This collaboration is a strategic step for IIF to support transformation of companies in Indonesia through strengthening the ESG framework in a structured way. We believe that implementing ESG will create long-term added value for both institutions,” Rizki said in a press statement, Thursday (5/3/2026). In addition to providing infrastructure project financing, IIF also offers consultancy services to the public and private sectors. These services include feasibility study preparation, transaction advisory, financial advisory, strategy and business advisory, economic or financial assessment, social and environment advisory, and policy advisory. Executive Director of Indonesia Eximbank Sukatmo Padmosukarso said the collaboration is an important step in improving the quality of export financing practices. He noted that ESG implementation is necessary so that financing practices align with prudent and sustainable principles. “This collaboration is an important part of Indonesia Eximbank’s efforts to improve the quality of export financing practices to be in line with global prudent practices and sustainability principles,” Sukatmo said. Indonesia Eximbank continues to strengthen governance, improve the quality of its financing portfolio, and develop more comprehensive risk management. These efforts underscore the institution’s commitment to driving a transformation of financing practices that are globally competitive and meet international standards. The collaboration between IIF and Indonesia Eximbank is expected to strengthen the role of the national financing institutions in supporting sustainable development. The collaboration is also aimed at increasing Indonesia’s competitiveness through adopting international standards and best practices.