Sustainability Report has become a requirement for financial service, listed and public companies in Indonesia based on the Regulation of Financial Services Authority No. 51/Pojk.03/2017 on Application of Sustainable Finance to Financial Services Institution, Issuer and Publicly Listed Companies. Mandatory for issuing Sustainability Report that will effectively be applied in 2019 and after, shall be made for the period of 2018. It will be easier for a company to follow the regulation if the various components in the supply chain start systematically collecting and reporting on their sustainability impacts Report as well. Moreover, in the future, the regulation will possibly be extended and applied for non-listed companies as has been the case for example in the EU.

IBCSD in collaboration with Global Reporting Initiative (GRI) are engaged on Corporate Sustainability Management and Reporting for Competitive Business Program (CSRCB), a global training program helping large companies increase the transparency in their value chain while enhancing their ability to report on their own sustainability impacts and measures.

Many companies from varies sector came and actively engaged in the fruitful discussion. OJK, IDX, and other stakeholders were there too sharing their perspective and knowledge. IBCSD and GRI will not stop here and going to continue with many more projects onward. For Indonesian based companies, whether it is IBCSD’s members or not, IBCSD will always be delighted to be contacted regarding this program.

Focusing on Environmental Services, ERM’s multi-disciplinary teams of experts allow them to consider the entire range of environmental, health, safety, risk, performance assurance, information solution, pollution and natural resource development, social and economic related issues related to the construction and operation of projects. They are also supported by specialists from other offices in Asia Pacific with valuable project experience in Indonesia. By joining IBCSD, PT ERM Indonesia hopes there will be a lot of collaboration projects within the members born along the way.

The meeting concluded with numbers of recommendations from committee members. The TFA 2020 Southeast Asia Program is suggested to expand its coverage to include second and third tertiary level of business chain and incorporate this within its time frame. Collective efforts to develop peatland database is viewed as necessary steps that need to be taken, whereas government is proposed to be lead the initiative and selected group members serve as the administrator. Task force is also expected to facilitate a shared-learning process to accommodate exchange knowledge and expertise amongst TFA 2020 members, one concrete example is on determining financial solution model for smallholder and independent farmers. Field visit has been opinioned as one of approach the team can facilitate to seize opportunity of knowledge sharing transfer in a more hands-on way.

After providing inputs and recommendations, the regional committee meeting has finally adjourned at 16.00 Indonesia time.   

Mewakili pihak perusahaan: Bapak Agus Purnomo (GAR), Ibu Kelly Chen (WI) dan Ibu Triana (RGE). Mewakili masyarakat sipil: Bapak Mansuetus Darto (SPKS) dan Bapak Fitrian Ardiansyah(IDH), dan juga Bapak Budi Santosa (IBCSD) dalam hal ini sebagai tuan rumah program TFA2020 regional Asia Tenggara.

To Bayer, sustainability basically means future viability and it forms an integral part of their business strategy. They are convinced that they can only achieve lasting commercial success if they balance economic growth with ecological and social responsibility.

Responsible business practices are the foundation of the Bayer Group‘s sustainable alignment. They identify and mitigate risks at an early stage by implementing this alignment in the areas of compliance (e.g. anti-corruption and responsible marketing), human resources policy, product stewardship, health, environmental protection and safety, and supplier management. They believe that this is one of the key requirements for society’s acceptance of their business. On this basis, they aim to contribute to overcoming global challenges with innovations, and in so doing develop additional business opportunities.

    In addition, Bayer also identifies opportunities and risks by analyzing the important expectations of stakeholders. They match the existing assessment, so that it can be implemented into the relevant field in Bayer. They also document the results or findings into the materiality matrix form. With Bayer commitment on joining IBCSD, we hope more and more sustainability programs will be born.

In 2017, HERO achieved the Most Values Brand award. HERO also held a certification from The 9th IICD Corporate Governance Conference and Award as the Top 50 Mid Market Capitalization Public Listed Companies, and also The Best Non Financial Company. Another award that HERO got in 2017 is the Asia’s Best Company 2017 from Finance Asia. In the sustainability area, HERO held a platinum trophy at the 9th Annual Summit and Conference: CSR Leadership Award.

HERO is very concerned about their CSR program. HERO has a program named “HERO CARING” which includes many projects that was designed as a responsibility for the society, focusing on education, community health, economic empowerment, environmental awareness, Donation and humanitarian aid. HERO realizes that sustainability is not just about CSR. Therefor, together with IBCSD, HERO now has an aim to reach a better knowledge about sustainability, and also improving their programs.

Presenting is speaker is the Head of Research and Development Center for Green and Environmental Industry, Ministry of Industry which gave a really comprehensive explanation on Green Industry Development Standards in Indonesia. The discussion runs very smooth and warm. One of the newest members of IBCSD, PT L’Oreal Indonesia, has also been present as a speaker talking about Private Sector Efforts in Generating Green Products through Sustainable Sourcing. Looking at the success of the FGD, the series will be followed by the next discussion in the future.”

To overcome the issue, Smallholder Task Force was established in May 2016, as a platform to discuss and support the innovative implementation to improve the productivity and livelihood while in the same time is protecting the environment. Beside enhance scale of investments in sustainable commodity production across entire supply chains in Indonesia with the aim to greatly reduce deforestation from palm oil and paper and pulp production. The Task Force Meeting attended by 24 Participants from companies, NGOs and grant institution in Jakarta at 14^th December 2017 to discuss about:

•  Stock-take Partners’ ongoing programs and analyze possible synergies among programs and landscapes and collaboration work at pilot Jurisdiction provinces.

• Share relevant projects they are working on around the issue of alternative financing solution and access to market:

• Statement of “Reactivation of Smallholder Taskforce”

• Smallholder meeting will be held in rotation and hosted by members partners every 2 months

Therefore, IBCSD together with ILO is developing occupation map on automotive industry.

On 14 December in Jakarta, IBCSD and ILO held a validation workshop for the occupation map inviting key stakeholders from the industry, trade union, government, and business association.

The inputs, comments and recommendations coming from the different focal persons invited in the seminar, enable the technical team to revise and finalize the research that is expected to be completed by January 2018.