Jakarta –
PT Bank Central Asia Tbk (BBCA) shows its commitment to supporting the reduction of carbon emissions in the country. In this case, the company contributed by purchasing carbon units totaling 71,500 tons of CO2.
This was conveyed by the President Director of PT Bank Central Asia Tbk, Jahja Setiaatmadja at the Third Quarter 2023 Performance Exposure Press Conference. This purchase was made right on the stock exchange launch day on Tuesday (26/10/2023).
“On the launch day of the Indonesian Carbon Exchange, BCA purchased carbon units totaling 71,500 tons of CO2. In addition, BCA distributed sustainability-linked loans worth IDR 319 billion as of September 2023, as our effort to support debtors in carrying out sustainable business practices,” said Jahja , written Friday (20/10/2023).
Jahja added that his party had also received appreciation from various parties for its commitment to prioritizing environmental, social and governance (ESG) values. One of them is Wisma BCA Foresta which represented Indonesia at the 2023 ASEAN Energy Awards and succeeded in winning first place in the Energy Efficient Building category.
As additional information, the Indonesian Carbon Exchange or IDXCarbon was officially launched by President Joko Widodo on Tuesday (26/9/2023). With the presence of IDXCarbon, Jokowi is optimistic that Indonesia can become the world’s carbon axis as long as it takes concrete steps.
“The proceeds from this trade will be reinvested in efforts to protect the environment, especially through reducing carbon emissions,” explained Jokowi when opening the Carbon Exchange, broadcast virtually, Tuesday (26/9/2023).
The formation of this carbon exchange was encouraged by the issuance of OJK Regulation (POJK) Number 14 of 2023 concerning Carbon Trading through the Carbon Exchange. This POJK is a mandate from Law Number 4 of 2023 concerning Development and Strengthening of the Financial Sector (UU P2SK) which mandates further regulation of Carbon Trading through the Carbon Exchange.
On a different occasion, Chief Executive of the Supervision of Capital Markets, Financial Derivatives and Carbon Exchanges, Inarno Djajadi, said that buyers of carbon units in today’s first trade were dominated by players from the banking sector. According to him, one of the things that drives this is to achieve the title of green bank and to achieve this, a number of criteria are needed, including a sustainability assessment.
“This sustainability verification may indicate that in order to label this bank, it is necessary to buy existing carbon units. We have seen in the last few days, there are several banks that have taken the initiative to buy both from their region and this bank,” said Iman, in a press conference at the IDX Office.
Meanwhile, IDX President Director Iman Rachman said that the large number of banking companies involved in today’s first trading was also driven by the rapid socialization in the banking industry regarding this carbon exchange, from regional to central offices.
“We got the permit on September 16. Socialization takes time. We see that banking is quite fast,” he said, at the same time.
(kilo/kilo)
2023-10-20 07:52:23
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