Purwakarta, 21 February 2022 – PT East West Seed Indonesia (EWINDO), the producer of ‘Cap Panah Merah’ vegetable seeds, staged a live virtual Cap Panah Merah EXPO 2022 Stay Close in the Midst of a Pandemic” to reach millions of farmers across Indonesia. The first Live Virtual Expo of vegetable seeds showcased the most advanced vegetable varieties, agricultural production technologies, and professional consultations to help farmers solve problems. Around 500 participants, including farmers, traders, agricultural shops, and EWINDO partners, attended the event, which was also broadcast live on the Panah Merah TV Youtube page.
“This Virtual Live Expo is also bridging colleagues of farmers who could always gather at the annual expo conducted by EWINDO during the pre-pandemic season,” stated Glenn Pardede, Managing Director of EWINDO.
Glen explained this Expo reflects EWINDO’s commitment to assisting in the advancement of the national horticultural sector by providing excellent seeds and advice to farmers. Farmers are not only given high-quality seeds, but also have the opportunity to consult, exchange ideas, and learn about the most up-to-date vegetable cultivation techniques.
Cap Panah Merah Expo 2022 showcased superior products from quality vegetable seeds from EWINDO breeders such as PERKASA Sweet Corn F1, Rawit Chili F1, ALINA F1 Melon, SANREN F1 Red Onion Seeds, Big Chili BAJA MC F1, YUVITA Purple Eggplant F1, NEW METAVY F1 and ERINA F1 cucumbers, and GUSTAVI F1 tomatoes.
Not only concerned in high-quality seeds research and development, EWINDO has also accelerated the process of implementing digital technology. SIPINDO is an application which provides access to reliable information about agriculture for small farmers to make data-based decisions for their cultivated land. This apps has been in development since 2017 and it is especially useful during a pandemic. Now SIPINDI has been downloaded by more than 115,000 users.
The irrigation has been the most popular SIPINDO features. It provides recommendations for irrigation/watering for plants based on location data input, growth phase, and last watering time. Furthermore, users have access to a variety of farm store services, including the ability to locate the nearest shop in their location to purchase agricultural equipment and equipment. This gives opportunity for farmers to have direct interactions with specialists on agriculture and plant diseases through SIPINDO. Farmers can also share their experiences with farmers from different places in obtain insight and information on the prices of vegetable goods, which are important for farmers. These features are extremely beneficial to Indonesian farmers during the epidemic, particularly those in the 3T (outermost, disadvantaged, and leading) districts
Not only SIPINDO, to make it easier for farmers to access superior quality seeds, EWINDO has launched an official store called panahmerah.store on the marketplace channel. This service has been used by more than 10 thousand farmers and seed users throughout Indonesia.
Watch the full event on https://www.youtube.com/watch?v=SDJO6P5xU7
The Indonesia Business Council for Sustainable Development (IBCSD) is delighted to welcome PT PZ Cussons Indonesia as a new member. PZ Cussons believes that by making small and positive changes from an early age, everyone can positively affect society and the environment in the future.
By joining IBCSD, we hope to be part of a business community that has a shared commitment to make a positive contribution to society by learning from each other’s experiences and knowledge. PZ Cussons as a global consumer goods group of companies, build a brand to better serve consumers with Hygiene, Baby, and Beauty as our core. We remain focused on Building Brands for Life, Today, and for Generations to Come. The sustainability and well-being of people, families, and communities everywhere are at the heart of our business model and strategy, and is captured by our goal: For everyone, for life, for good”.
As part of its commitment, PZ Cussons also launched the “Small Step, Big Impact” initiative which focuses on 3 main pillars: education, hygiene, and awareness of using plastic to build a better environment in the future. We are very pleased to be able to do more collaborative actions with IBCSD to promote sustainable business practices in Indonesia,” said Elly Mustrianita, PZ Cussons Indonesia Corporate Communications Director.
PZ Cussons Indonesia has been operating in Indonesia for more than 33 years. We develop and manufacture relevant, high-quality, and innovative products through a deep understanding of the needs and aspirations of local consumers for the brand; Cussons Baby, Cussons Kids, Carex, Imperial leather dan Original Source.
UK’s second national Food Waste Action Week begins today, with Indonesia Business Council for Sustainable Development (IBCSD) joining as a partner. IBCSD will be supporting Food Waste Action Week by sharing assets and content about “Food Storage Mistakes” on IBCSD social media
The second annual Food Waste Action Week begins today, Monday 7 March. It will raise people’s awareness of the huge impact of household food waste on climate change and share practical advice, food-savvy behaviors, and tips on how we can all easily reduce the food we waste in our homes.
We throw away 6.6 million tonnes of household food waste a year in the UK. This food waste is responsible for nearly 25 million tonnes of CO2 emissions, equivalent to 5.4% of the UK’s territorial emissions. The majority, 4.5 million tonnes is food that could have been eaten and is worth approximately £14 billion (or £60 a month for an average family with two children). It requires an area almost the size of Wales to produce all the food and drink currently wasted in the UK.
IBCSD will be participating in the campaign by raising public awareness through multiple channels; Social media and website. We will also create our social media content about “Food Storage Mistakes”. Many people are unfamiliar with proper food storage techniques. Storing our food properly can help us prevent food waste, avoid foodborne illnesses and save money. We want to make ordinary citizens aware of how they store their food.
Bryan Citrasena, Project Manager for Food & Nature at IBCSD said One of the great barriers to food waste reduction in Indonesia is to shift the public mental model and behavior. There is a mindset of ‘providing more food is better than less’ which makes the portion of the food served to consumers more than what they actually want or need to eat. Lack of information on statistics and impacts also becomes the reason for high food waste in Indonesia. “IBCSD has been promoting food waste reduction through GRASP 2030 (Gotong Royong Atasi Susut & Limbah Pangan di 2030) initiative. The GRASP 2030 brings businesses and supporting actors across the food chain in Indonesia to achieve the Goal 12.3 of SDG, halving food loss and waste by 2030, thus increasing the environmental, social, and economic benefits for the participating organizations and for the country”.
Love Food Hate Waste runs an annual survey of people’s habits and knowledge around food waste. This highlighted that 81% of UK citizens are concerned about climate change, but only 32% see a clear link with food waste. The survey helped to inform the theme of the Week and the development of materials to motivate people to act. This year, Love Food Hate Waste found that the public’s relationship with its freezers has become particularly frosty with many people not knowing how to safely freeze and defrost their food.
Sarah Clayton, Love Food Hate Waste, “Getting to grips with freezing and defrosting are big factors in preventing food from going to waste at home. At a time of rising food prices alongside huge public concern about climate change, tackling food waste at home is one way we can all make a difference and save money. For the average family with children, the cost of binning food can be more than £700 per year. So, Food Waste Action Week is all about avoiding being savvy in how we store but then use our food.”
Love Food Hate Waste is keen to show that used properly, the freezer is the king of the kitchen. In fact, freezing and defrosting just three key meat items that are commonly not used in time (fresh chicken, bacon, and sausages) could reduce waste of those items by as much as 15,000 tonnes per annum. And, when it comes to defrosting, busy households can avoid a lengthy overnight defrost by using their microwave instead – as people use a toaster to defrost sliced bread from the freezer.
Working together, we can prevent food from being wasted needlessly and protect the planet.
About
Love Food Hate Waste aims to raise awareness of the need to reduce food waste and help the UK public act. It shows that by doing some easy practical everyday things in the home we can all waste less food, which will ultimately benefit the environment, and our pockets too. Love Food Hate Waste is managed by WRAP.
WRAP is a global NGO based in the UK. It is one of the UK’s top 5 environmental charities and works with governments, businesses and individuals to ensure that the world’s natural resources are used more sustainably. It is the charity leading the UK Plastics Pact (a world first), Courtauld Commitment 2030, Textiles 2030 as well as the citizen campaigns Love Food Hate Waste, Love Your Clothes, Clear on Plastics and Recycle Now. It also runs Food Waste Action Week and Recycle Week in the UK. WRAP works collaboratively and develops and delivers evidence-based, solutions to reduce the environmental cost of the food we eat, the clothes we wear and the plastic packaging we use. Founded in 2000 in the UK, WRAP now works with partners in forty countries, across six continents and is a Global Alliance Partner of The Royal Foundation’s Earthshot Prize.
Indonesia Business Council for Sustainable Development (IBCSD) excited to announce our new member PT Amartha Mikro Fintek (Amartha). Amartha is the pioneer in a peer-to-peer lending platform that connects potential lenders with rural women micro-entrepreneurs.
Chief Risk and Sustainability Officer Amartha, Aria Widyanto stated the membership of Amartha in IBCSD sends a strong message that it is crucial for companies to integrate their business models with sustainability practices to deliver more impacts to the communities. We see that IBCSD is the right association to achieve these goals. We are excited to have more collaborative action with IBCSD to promote sustainable business practices in Indonesia.
Since 2010, Amartha has been a bridging micropreneurs with online potential lenders. The amount of micropreneurs who had difficulties to raise funds for their business due to limited access, income fluctuation, and no credit history was the beginning of our story. As of 2021, Amartha has facilitated over IDR 3.26 trillion loan origination and served over 621,465 micro-entrepreneurs. Today, Amartha has grown with more than 1,000 employees to empower informal economies to, for instance, open their grocery stalls or expand their traditional fish breeding by bridging them with loans, ranging from IDR 3 million to IDR 10 million. The company believe these micropreneurs can evolve to become quality borrowers with the right technology and the spirit of cooperation. Investing in microbusinesses is also proven to create a great deal of social impact.
Jakarta, January 25, 2022 – 22 businesses participated in the Business and Human Rights Risk Assessment Training or PRISMA with the Directorate General of Human Rights, Ministry of Law and Human Rights. The training was initiated by the Indonesia Business Council for Sustainable Development (IBCSD) and the Raoul Wallenberg Institute (RWI) to encourage business awareness to uphold human rights and avoid violations in supply chain operations.
Secretary of the Directorate General of Human Rights at the Ministry of Law and Human Rights, Bambang Iriana Djajaatmadja, emphasized that upholding human rights norms is a long-term investment in building a sustainable and robust business. “We have 13 indicators to help companies analyze the risk of alleged human rights violations. From business activities by mapping the real conditions, developing follow-up plans, tracking the implementation of follow-up actions, and communicating this series to the public,” said Bambang in the first training, which took place at the JS Luwansa Hotel, January 13, 2022.
Director of Human Rights Cooperation of the Ministry of Law and Human Rights, Hajerati explained that the indicators were listed in the website-based PRISMA application. The businesses only need to go to the website and register. Then you’ll get a confirmation email and should begin answering questions about the company’s profile, practices, and human rights impact on the company. Following completion, the corporation will view the business risk and human rights assessment scores based on applicable standards. There are threescore categories: Not Enough (0-43.67%), Quite Appropriate (43.68-87.33%), and Appropriate (87.34-131%).
Hajerati hopes to offer a certificate as proof of the company’s contribution to realizing human rights concerns. “There is no reason to be concerned when filling out PRISMA data because it is for the benefit of the business,” she explained.
On Tuesday, January 25, 2022, at the second session, various businesses representatives shared their thoughts and suggestions on the applications they had attempted to complete. Fiki, one of the volunteers who completed the PRISMA application in 25 minutes, stated, “The process is simple, and the data needed is not complex.” Fiki expects that the government will provide certificates or rewards to businesses that have voluntarily filled out the application.
Radu Mares, Senior Researcher at RWI, and Victor Bernard, Program Officer at RWI, emphasized the importance of implementing Human Rights and Environmental Sustainability because more than 150 constitutions worldwide acknowledge the Right to a Healthy Environment including Indonesia’s. “A healthy economy and environment are critical to corporate operations.” If corporations become more aware of their long-term impact on the environment, they will be more committed to conserving and restoring it. As a result, an increasing number of businesses are considering human rights and the environment as crucial performance factors.
With multi-stakeholder collaboration, IBCSD, an association of CEOs of companies that encourage Sustainable Development in Indonesia, builds cooperation with several partners. In this case, the Directorate General of Human Rights and RWI will continue to promote increased awareness of human rights and responsible behavior, not limited to Independent Due Diligence but in daily practice.
Jakarta, 4 December 2021 – Minister of Tourism and Creative Economy Sandiaga Uno on Saturday (4/12/2021) inaugurated The Jakarta Fashion Hub (JFH), a collaborative space where fashion and creativity meet. Established in the middle of last year, the JFH is expected to become a platform for creative industry actors in driving the creative industry’s potential, specifically the national sustainable fashion, textile, and creative economy.
The inauguration of the collaborative space was marked by the signing of a plaque by Sandiaga at the Jakarta Fashion Hub Building located at No. 33 Teluk Betung Street, Central Jakarta. Present at the ceremony were Royal Golden Eagle (RGE) Group Managing Director Anderson Tanoto and Asia Pacific Rayon (APR) Director Basrie Kamba.
In his speech, Sandiaga expressed appreciation for the establishment of the Jakarta Fashion Hub which can help drive Indonesia’s Creative Economy, especially in the fashion sector.
“The Jakarta Fashion Hub is expected to help the national fashion industry further improve its output, find a place in the hearts of Indonesians and compete on a global scale. Today’s event is also expected to encourage the JFH to continue to bring innovations, adaptations and closer collaboration in Indonesia’s fashion ecosystem,” said Sandiaga.
Sandiaga went on to say that visitors who utilize the Jakarta Fashion Hub can support the government’s efforts to boost the competitiveness of the creative economy, create collaborative products that can compete in the national and international markets, and support Indonesia’s economic recovery from the Covid-19 pandemic.
“Opportunities for creative economy and the fashion market in Indonesia are still wide open. The government continues to strive to provide the best raw materials for the fashion industry, develop programs that support the President’s directive to make Indonesia the world’s fashion hub, and promote the spirit of #BanggaBuatanIndonesia and #SemuaAdaDisini,” he said.
APR Director Basrie Kamba said the Jakarta Fashion Hub is expected to become a driving force for Indonesia’s creative industries through its facilities, including by offering solutions for creativepreneurs looking to develop their business models.
“With its inauguration, we hope the JFH can encourage more young people to nurture their potentials and creative ideas to create original made-in Indonesia fashion products with a global presence in accordance with President Joko Widodo’s vision to encourage #BanggaBuatanIndonesia. We are confident that Indonesia can become a global fashion hub,” said Basrie.
On the same occasion, Basrie also reiterated the Jakarta Fashion Hub’s commitment to collaborate with multi-stakeholders to promote the development of Indonesian rayon fiber-based textile materials. The collaboration will create a range of benefits worth IDR1 billion, which will come in the form of rayon fabric, the availability of creative space, and promotional activities.
The Jakarta Fashion Hub offers members space for concept and product design development and various facilities such as workshop areas, co-working spaces, photo studios and ready-to-buy fabrics. Boasting 3,900 active members, the Jakarta Fashion Hub has collaborated with at least 50 local brands/fashion designers and organized fashion shows, virtual shopping and webinars on fashion and sustainable fashion.
The latest collaboration came in the form of the “Jenggala Vol :2” exhibition with local brand Imaji Studio.
“The shared vision of supporting sustainable fashion brought Imaji Studio together with the Jakarta Fashion Hub. We were greatly supported by the Hub that supports both creative economy and sustainability,” said Imaji Studio founder Shari Semesta.
APR is part of the RGE (Royal Golden Eagle) resource-based manufacturing group with operations in Pangkalan Kerinci, Riau Province. APR prioritizes sustainability in its operations and is committed to giving a positive contribution towards climate, nature, clean manufacturing, as well as circularity and progress as part of its APR2030 sustainability commitments.
About Asia Pacific Rayon:
Asia Pacific Rayon is the first integrated viscose-rayon fiber producer in Asia located in Pangkalan Kerinci, Riau. APR is committed to being the best viscose rayon producer by promoting sustainability, transparency and the best production process, while providing benefits to society, the country and providing added value to consumers. APR is part of a group of natural resource-based manufacturing companies under the RGE Group. APR’s Sustainability Policy, implemented in September 2020, includes additional commitments to pulp sourcing and clean manufacturing.
The Indonesia Business Council for Sustainable Development together with Amartha held a Webinar entitled “Empowering Women’s Economic” on Thursday, December 17, 2021, virtually. This event was held to commemorate Mother’s Day to encourage the role of empowering women through MSMEs and education.
In her speech, IBCSD President, Shinta W. Kamdani “The commemoration of Mother’s Day every December 22 is not only regarded as a special day to honor to women who have contributed significantly in taking care of the household and family. But it should also be a moment to encourage the role of women in development and the economy. Women who are empowered can enhance their quality of life on their own. So that they may not only support their families but also contribute to the global economy.”
In line with the remarks, Assistant Deputy for Gender Mainstreaming in the Economic Sector, Ministry of Women’s Empowerment and Child Protection (MoWECP), Eni Widiyanti said that “According to the Global Gender Gap Report of the World Economic Forum in 2021, Indonesia is currently ranked 101 out of 156 countries. This indicates that gender inequality in Indonesia is still high and there are still obstacles for Indonesian women to get their rights. Of the half of Indonesia’s female population, 102.3 million are women of productive age. However, from our data, it was found that there were 57.4% of women who initially worked had to leave because she is free to take care of the household. This is something that needs to be considered so that there is a program that can empower these women and overcome their poverty.”
Eni said that as one of MoWECP’s priorities for Increasing Women’s Empowerment in MSMEs still has several problems. This can be an opportunity for multi-sectoral cooperation such as MSME partnership cooperation, access to MSME financing, and the use of technology in running their business. For this reason, currently, MoWECP has created the concept of entrepreneurship training with a gender perspective to realize empowered women, protecting children, and advanced Indonesia.
For this reason, Amartha, a fintech pioneer of peer-to-peer lending, comes with a special intervention to help overcome the gap in women’s empowerment, especially in the economic sector with a financial inclusion strategy in the form of working capital and assistance.
“Through the Amartha platform, we connect financiers from the public and banks who want to help women micro-entrepreneurs in rural areas. By working together, these mothers can be independent and provide welfare for their families. In addition, Amartha also assists in adopting digital literacy to be more digitally proficient. In the future, the development of financial inclusion cannot be separated from digital literacy so that it can be separated so as not to create new gaps.” Amartha’s Chief Risk and Sustainability Officer, Aria Widyanto said.
“Education, Economics, Health, and Politics are significant factors in the actualization of women,” noted Amalia Adininggar Widyasanti, Deputy for Economics at the Ministry of National Development Planning.
According to studies, the more educated women are, the more likely they are to participate in the labor force. She can develop a better and higher-quality generation as a result of his confidence. Of course, access to decent formal job facilities, women’s economic empowerment through entrepreneurship, and encouragement to increase education all help to promote this. So that the Glass Ceiling and Sticky Floor stigmas in the workplace are no longer an impediment to women exploring themselves as assets for the country’s growth.
Melanie Masriel, L’Oreal Indonesia’s Communication, Public Affairs, and Sustainability Director, shared best practices for their sustainable programs such as Beauty for Better Life, which provides vocational training in makeup and hairdressing, L’Oreal-UNESCO scholarships for Women in Science, solidarity sourcing, and STANDUP against harassment of women in public, which aims to increase women’s self-confidence and stan
Women encounter several challenges in achieving independence. Economic obstacles are influenced not just by societal standards or gender norms, but also by education and access to knowledge. Several governments and industry programs have been established to guarantee that women have equal chances to enhance their living conditions and encourage gender equality. So that they may contribute to their family and the country’s progress.
With the Empowering Women’s Economic webinar in collaboration with Amartha, it is hoped to stimulate collaboration between parties to empower women in Indonesia.
Look back at the discussion here: Empowering Women’s Economic Webinar
We are delighted to announce The Sustainable Business Awards (SBA) Indonesia 2020/2021 is open for registration!
SBA is organized by Global Initiatives in partnership with PwC, IBCSD, and Indonesia Chambers of Commerce and Industry (KADIN) recognizing corporate leadership in 12 categories, including sustainability strategy, community, energy and water management, supply chain, and ethics among others.
What is different this year?
The Awards have been transformed in the value they create. Unlike past years, this year each participant will have the opportunity to receive a comprehensive view of their own sustainability preparedness via an Insights Report.
Increasing regulatory requirements and stakeholder demands are compelling companies to enhance sustainability reporting. Understanding global reporting standards (e.g. GRI) needs some effort. The SBA questionnaire has been broadly aligned with such reporting standards/best practices and offers a way to assess their general compliance.
The SBA’s insights on the industry performance will help your company to identify areas for innovation to meet and compete with the industry’s top performers. The ability to easily recognize areas for improvement aids in the development of the overall business and sustainability strategy for the year. Unlike awards that only focus on winners, the reformatted SBA provides value to all participants by assessing their sustainability footprint and providing actionable feedback to improve the same.
To participate, please register through this link. The online questionnaire will be sent to you shortly after you register.
The registration and deadline for questionnaire data submission is open until January 31, 2022
Thank you and we look forward to having you at the Sustainable Business Awards Indonesia 2020/2021.
If you have any inquiries, please contact Andrea Song at Global Initiatives, [email protected] or [email protected]. For further information about the awards, download the brochure and terms condition by clicking the link below.
climate change adaptation and mitigation among private sector, the Indonesia Business Council for Sustainable Development (IBCSD) and the Indonesian Chamber of Commerce and Industry (KADIN) collaborated in conducting a virtual webinar “What net zero emission means for the private sector” (14/12). This event is part of a bigger IBCSD initiative entitled “Towards Net Zero Emission” to encourage business leadership and collective action in initiating a concrete long-term plan toward a low-carbon economy and net zero emission by following the government’s goals.
Following the Paris Agreement, which was revisited at COP26, the number of companies declaring their commitment to net-zero emissions and taking action to tackle climate change has tripled globally. At least one of the world’s five largest publicly traded companies has committed to zero net emissions by 2050.[1]
In her remarks as the President of IBCSD, Shinta W Kamdani stated, “As we all know, Indonesia is striving for low-carbon economic development by expanding measures to mitigate and adapt to climate change. To achieve net zero emissions by 2050, in line with global business trends and national targets, IBCSD and KADIN will work together to raise public awareness and understanding of the necessity of the NZE transition, promote business leadership and collective action, and collaborate among diverse stakeholders. The discussion today is intended to be one of the milestones that contribute to the private sector managing Net Zero Emissions in order to establish a sustainable economy.”
In her remarks at the Webinar “Journey Towards Net Zero Emission (NZE): What Does NZE Mean for Private Sector?” which was held virtually by IBCSD (13/12), the Director-General of Climate Change Control, Ministry of Environment and Forestry, Ir. Laksmi Dhewanti, MA explained, “Through the Nationally Determined Contribution (NDC) target, Indonesia has committed to reducing GHG emissions by up to 41% by 2030 with the support of international partnership. Indonesia’s unconditional target of 29 % NDC has been dispersed to five key sectors, including forestry and other land uses, energy, waste, industry process, and agriculture. The most significant contributors to the NDC objectives are the forestry and energy industries. The Long-Term Strategy on Low Carbon and Climate Resilience (LTS-LCCR) was developed with a long-term policy strategy in mind until 2050. This document provides guidance on how to set NDC and policy reform goals in light of current developments and demands. In essence, this endeavor is not just the responsibility of the government, but it also emphasizes the importance of all stakeholders’ contributions. As a result, we encourage the participation of various stakeholders, particularly the private sector in the implementation of the NDC and the climate change mitigation and adaptation strategy. More collaboration and networking hopefully will occur as a result of this event to meet NDC goals.”
As for several steps that have been taken by the government for low-carbon development, the Director of the Environment of the Ministry of National Development Planning/BAPPENAS, Ir. Medrilzam stated “Currently undergoing a green economic transformation is based on the premise of low carbon development. According to the Bappenas scenario, the green economy is expected to increase per capita income by about 6% in Indonesia Emas 2045. Indonesia will need massive investments of around 3-5% of GDP every year from now on to achieve the NZE. The government will be unable to finance all of them. As a result, the government provides fiscal tax incentives and import taxes for New Renewable Energy (NRE) Developers, as well as non-fiscal incentives like as license liberalization and prizes, to encourage private sector economic engagement. However, there are still risks of stranded assets, planning for green employment migration, and knowledge and innovation transfer. Indonesia will only become a market for technology from wealthy countries if we do not significantly innovate on technology.
On the same occasion, Executive Director of Institute for Essential Services Reform (IESR), Fabby Tumiwa added, “Business may implement four solutions; the first of which is to reduce reliance on fossil fuels through RNE, electrification, and the use of clean energy sources in response to increasing emissions from the sector. If we want to attain Net Zero Emissions by 2030, renewable energy should account for at least half of the primary energy supply. As a result, companies should conduct an inventory of their contribution to greenhouse gas emissions, set explicit objectives, and provide measurable transparency of target performance to the public in order to match the corporate NZE aim with the Paris Agreement target in 2030.”
Seeing this, Regional Lead – Commit to Action (CTA) Carbon Disclosure Project (CDP), Amelia Tan said, “In order to attain NZE, businesses must have science-based targets, both short and long-term by making adjustments in terms of emission residual mitigation and neutralization. The Science Based Target Initiative (SBTi) will assists your business in determining how much and how rapidly it can cut greenhouse gas emissions while also driving actual action in its operations. The International Sustainability Standard Board (ISSB) has produced financial reporting sustainability disclosure requirements that have been incorporated with state and stakeholder regulations referencing the SBTi.”
Apart from the government, a low-emissions transition also needs to be carried out by the private sector. Head of Commission on Climate Change KADIN, Dharsono Hartono explained “The issue of Net Zero Emission isn’t going away anytime soon. KADIN has 7 priority focusing on decarbonization of diverse private sectors to support the Presidential Decree on the Economic Value of Carbon, which is based on the NZE objectives of countries and businesses. One of them by concentrating on restoration and conservation initiatives which represents a significant potential for Indonesia. We believe that Indonesia has 300 billion tons of CO2 stored, which might be the country’s entry point into the carbon market. In this context, KADIN has begun to carry out many activities as a government business partner, including webinars, working on the sale of domestic carbon credits that can assist the government in meeting NDC objectives, and pushing for public-private partnerships.”
Joining the session as discussant, Azis Armand, Vice President and Group CEO of Indika Energy explained “Indika, as a holding company with an 80% coal energy portfolio, considers the crucial need to decarbonize its operations and portfolio to decrease its carbon footprint. Indika focuses on transferring energy to solar panels and mobile combustion fossil fuels to electric automobiles in its operations. Indika has divested high-carbon assets and invested in low-carbon economies in our asset portfolio. We believe Indika can reach net zero emissions in 2050 by achieving a 20% decrease in emissions in 2025 and a 40% utilization of renewable energy technologies in 2030.”
Meanwhile Deputy Director of APRIL Group’s Sustainability and Stakeholder Engagement, Dian Novarina shared, “With four pillars, the APRIL Group aspires to move to NZE by 2030. One of these is a positive climate target that includes net zero emissions from land usage, increasing the use of renewable energy in fiber operations to 50% and mill operations to 90%, and decreasing carbon emissions in all products to 25%. All APRIL 2030 commitments have precise indicators that make them measurable, auditable, and transparent.”
Desi Anwar, the webinar moderator concluded 2050 Net Zero Emission is a collective goal to which all stakeholders must commit in energy transition plan, collaborate in innovation, technology, and investment, and transparent reporting as well as calculations. Net Zero Emission is not only the responsibility of one corporation or one country, but of the entire globe as residents of the planet.
Rewatch the discussion here: A Journey Towards NZE: What does NZE Mean for Private Sector?
