Key insights and market outlook
PT Bank Negara Indonesia (Persero) Tbk (BBNI) has launched the first ESG Advisory Playbook in Indonesia, specifically designed for the palm oil sector. This comprehensive guide aims to support companies in transitioning to sustainable practices, addressing global regulatory requirements such as the European Union Deforestation Regulation (EUDR). The playbook was developed through collaboration with key stakeholders, including the International Finance Corporation (IFC) and the Indonesian Ministry of Agriculture.
PT Bank Negara Indonesia (Persero) Tbk (BBNI) has taken a significant step in promoting sustainable finance by launching Indonesia's first ESG Advisory Playbook for the palm oil sector. This initiative positions BNI as a leader in supporting companies navigate the complex landscape of global sustainability regulations, particularly the European Union Deforestation Regulation (EUDR).
The playbook was developed through a collaborative process 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 ensures that the guide is both practical and relevant to the industry's needs.
The ESG Advisory Playbook is designed to be a strategic tool for palm oil companies, helping them strengthen their sustainability practices in the face of evolving global regulations. BNI's initiative is part of its broader commitment to supporting Indonesia's transition towards achieving its Nationally Determined Contribution (NDC) targets for reducing emissions by 2060 or earlier.
By providing this comprehensive guide, BNI aims to support not only the palm oil sector but also contribute to Indonesia's overall sustainability goals. The launch of the playbook was celebrated during the BNI ESG & Sustainability Transition (BEST) Event 2025, highlighting the bank's ongoing commitment to sustainable finance initiatives.
ESG Advisory Playbook Launch
Sustainability Transition Initiative