Jakarta – The Indonesian government is committed to achieving Net Zero Emission by 2060, where national business actors play a very important role in efforts to achieve this target. Industries are required to make a transition to a Net Zero Company. The transition process itself is not easy, so it requires enormous support from various parties.

To assist national companies in this transition process, KADIN Indonesia, through the Kadin Net Zero Hub initiative, acts as an ecosystem enabler for national companies that want to make the transition to a Net Zero Company. Since the Indonesian government is committed to achieving emission reduction targets and achieving Net Zero Emissions by 2060, the private sector must be able to manage and adapt to policy changes related to climate change mitigation and adaptation efforts. The KADIN Net Zero Hub (KADIN NZH) initiative is a collaboration between Kadin and the Indonesia Business Council for Sustainable Development (IBCSD), WRI Indonesia, and the Carbon Disclosure Project (CDP) which provides assistance to companies in this green transition effort.

In the CEO Networking Forum discussion with the theme “Business Leadership and Collective Actions towards Net-Zero Emissions”, Monday (29/8/2022), Head of the Daily Work Team of KADIN Net Zero Hub, M. Yusrizki said KADIN NZH invites private companies to reduce emissions greenhouse gasses (GHG). In this initiative, KADIN Indonesia acts as an ecosystem enabler for the public and private sectors that are committed to contributing to the journey towards decarbonization or reducing GHG emissions by up to 29 percent in 2020-2030 according to the 2015 Paris Agreement.

Yusrizki said that the KADIN Net-Zero Hub is a platform to help the business world move together towards Emission Neutrality, by building strategic partnerships and a Net Zero ecosystem in Indonesia to help companies plan, execute and report concrete actions to achieve emission neutrality. “Through the opportunity for the CEO Networking Forum, we hope to create leadership and collective action in the business sector in moving together towards Net Zero and building a highly competitive Indonesian green economy.”

This CEO Networking Forum aims to provide information to companies about the role of KADIN NZH in encouraging business transition to Net Zero, leadership, networking and collaboration between business sectors to support the commitment of Indonesian companies.

The CEO Networking Forum On Business Leadership and Collective Actions towards Net-Zero Emissions which was held in a dialogue format by inviting the company’s business leaders, also presented several speakers, namely the NZH KADIN Daily Working Team, Octavianus Bramantya; SBT Engagement Manager CDP Indonesia, Dedy Mahardika; WRI Indonesia’s Sustainable Business and Corporate Engagement Manager, Nanda Noor and Executive Director of IBCSD, Indah Budiani.

Several other important points presented in this forum were how businesses must immediately start the transition process by using a framework based on the Science Based Target Initiative (SBTi), calculating greenhouse gas emissions inventory (GHG inventory) and reporting climate change (Climate Disclosure) referring to CDP.

Approximately 50 company leaders from the manufacturing, textile, energy and other sectors attended the event. On the same occasion, KADIN Net Zero Hub also took advantage of the momentum of B20 to get 100 Indonesian companies that promised net zero emission commitments. Through CEO Networking, it is hoped that more companies will be interested in joining and realizing the target of Net Zero Emission Indonesia 2060.