Pegadaian and SMBC Indonesia Strengthen Collaboration through the Development of the Sustainable Financing Framework 2026
Jakarta (ANTARA) — PT Pegadaian and PT Bank SMBC Indonesia Tbk 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 forms part of Pegadaian’s transformation in expanding its role as a financial institution that is not only focused 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, which not only covers social aspects but also green (environmental) and orange (gender equality, social inclusion, including women’s empowerment) aspects.
“This collaboration is a strategic step for Pegadaian in strengthening its role as an inclusive financial institution that is also oriented towards sustainability. The refinement of the Sustainable Financing Framework 2026 becomes 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 process of this framework,” said Director of Finance and Strategic Planning at PT Pegadaian, Ferdian Timur Satyagraha.
Meanwhile, Head of Wholesale, Commercial & Transaction Banking at SMBC Indonesia, Nathan Christanto, stated that through the refinement of Pegadaian’s Sustainable Financing Framework 2026, it demonstrates 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 for the Republic of Indonesia, particularly in expanding access to sustainable finance and strengthening the national financial industry ecosystem,” Nathan added.
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.
The Sustainable Financing Framework 2026 was developed in alignment with international sustainability principles and OJK regulations, including the Social and Green Bonds Principles issued by the International Capital Market Association (ICMA), the Social and Green Loan Principles issued by the Loan Market Association (LMA), and the Orange Bonds Principles initiated by the Impact Investment Exchange (IIX), which focus on women’s empowerment and gender inclusivity.
In its preparation process, Pegadaian’s Sustainable Financing Framework 2026 has also received a Second Party Opinion (SPO) from an independent party, Environmental Resource Management, which states that Pegadaian’s Sustainable Financing Framework 2026 aligns with these principles and includes fund uses that meet strong criteria in terms of relevance and impact generated.
In the future, Pegadaian and SMBC Indonesia will commit to exploring various further collaboration opportunities in the field of sustainable finance, including Orange Loan financing, gold ecosystem development, and more inclusive finance for the wider Indonesian society.