BNI Launches ESG Advisory Playbook for Palm Oil Sector

Supporting Sustainable Transition in Strategic Industry

PT Bank Negara Indonesia (Persero) Tbk (BBNI) has taken a significant step in promoting sustainable finance by launching an ESG (Environmental, Social, and Governance) Advisory Playbook specifically designed for the palm oil sector. This comprehensive guide makes BNI the first Indonesian bank to provide tailored support for companies in the palm oil industry to enhance their sustainability practices.

Addressing Global Regulatory Challenges

The development of this playbook responds to the growing international pressure on the palm oil industry to adopt sustainable practices, particularly with regulations like the European Union Deforestation Regulation (EUDR) that directly impact Indonesia's commodity supply chain. BNI's initiative demonstrates its commitment to supporting Indonesian businesses in meeting these global standards while maintaining their competitiveness in the international market.

Strategic Implementation and Industry Collaboration

The ESG Advisory Playbook was developed through a Focus Group Discussion (FGD) held on October 30, 2025, involving key stakeholders such as the International Finance Corporation (IFC), the Indonesian Ministry of Agriculture, GAPKI (Indonesian Palm Oil Association), and PT Perkebunan Nusantara IV (PTPN IV). This collaborative approach ensured that the guide is practical, relevant, and addresses the real challenges faced by the palm oil industry.

Key Features of the ESG Advisory Playbook

The playbook serves as a strategic tool for palm oil companies to strengthen their sustainability practices amid evolving global regulations. It provides a systematic approach to implementing ESG principles, helping businesses transition towards more sustainable operations. By offering this guidance, BNI aims to support its clients in achieving their sustainability goals while contributing to Indonesia's commitment to achieving net-zero emissions by 2060 or earlier.

Industry Impact and Future Prospects

The launch event, held during the BNI ESG & Sustainability Transition (BEST) Event 2025, featured discussions with industry experts from various organizations, including PT Perkebunan Nusantara IV and Sinar Mas Agro Resources & Technology. These discussions highlighted the practical applications of the playbook and the importance of cross-industry collaboration in driving sustainability in the palm oil sector.

BNI's introduction of the ESG Advisory Playbook underscores its role as a leader in sustainable finance in Indonesia. By providing this comprehensive guidance, BNI not only supports its clients in their sustainability journey but also contributes to the broader national agenda of achieving environmental sustainability and enhancing the competitiveness of Indonesian industries in the global market.