Bank Mandiri Strengthens Renewable Energy Financing for Green Transition

Strategic Alignment with National Energy Transition Plans

Bank Mandiri is reinforcing its commitment to Indonesia's green transition through enhanced renewable energy financing. The bank's Senior Vice President for Environmental, Social, and Governance, Monica Yoanita Octavia, emphasized that Mandiri's financing direction remains aligned with government policies and national strategic priorities. The bank views the energy transition target as a collective mandate, consistently following government roadmaps including the National Strategic Program (PSN) and energy transition plans in RUPTL and RUKN.

Comprehensive Ecosystem Support

The bank's approach extends beyond corporate-level projects to strengthen the entire renewable energy ecosystem. This includes financing for supply chain participants and supporting various renewable energy projects such as hydroelectric power plants, solar power plants, mini hydro power plants, biomass power plants, and geothermal power plants. Additionally, Mandiri is supporting the manufacturing sector for solar panels and biodiesel processing facilities, creating a comprehensive ecosystem for sustainable energy development.

Significant Portfolio Growth

Bank Mandiri's sustainable financing portfolio reached Rp310.05 trillion by Q3 2025, representing an 8.7% YoY growth. The green financing component stood at Rp159 trillion, marking a 12% YoY increase. This positions Mandiri as a sustainability leader in Indonesia's financial sector, with its green financing portfolio accounting for over 35% of the market share among the four largest national banks.

Sectoral Growth Highlights

The growth in Mandiri's green portfolio is driven by several key sectors:

1. Eco-efficient products: Rp13.2 trillion, representing a 40% YoY growth
2. Renewable energy financing: Rp13 trillion, showing a 29% YoY increase
3. Clean transportation: Rp9.7 trillion, with a 35% YoY growth

These developments demonstrate Bank Mandiri's commitment to supporting Indonesia's low-carbon economy transition while maintaining a robust and growing sustainable finance portfolio.