Standard Chartered Indonesia Wins detikcom Awards 2025 for Sustainable Finance Innovation

Recognition for Sustainable Finance Leadership

Standard Chartered Indonesia (SCBI) has been honored with the prestigious detikcom Awards 2025 for Bank with Sustainable Finance Innovation. This recognition highlights SCBI's comprehensive approach to sustainable finance, demonstrated through its innovative financing structures, commitment to financial inclusion, and support for Indonesia's transition to renewable energy.

Key Initiatives Driving Sustainable Development

SCBI's award-winning initiatives span multiple areas of sustainable development:

1. Renewable Energy Financing: SCBI played a crucial role in financing the 145 MWac Cirata Floating Solar PV project in West Java, one of Southeast Asia's largest floating solar installations. This project will supply clean energy to approximately 50,000 households and reduce CO₂ emissions by 214,000 tons annually.

2. Women's Economic Empowerment: Through a long-term partnership with Mitra Bisnis Keluarga Ventura (MBK), SCBI provided a Rp 385 billion loan facility to support over 122,000 women below the poverty line, continuing their commitment from previous years.

3. Inclusive Financing Programs: The InnoFund program offers soft loans ranging from Rp 50 million to Rp 160 million at 0-2% interest rates, aiming to create new job opportunities in underserved communities.

4. Sustainable Banking Solutions: SCBI introduced the Sustainable Current Account, linking operational funds to sustainable financing portfolios managed by Standard Chartered Group, thus supporting corporate sustainability goals without compromising liquidity.

Impact and Future Prospects

These initiatives demonstrate SCBI's leadership in integrating sustainability into its core banking operations. The bank's comprehensive approach to sustainable finance not only supports Indonesia's environmental goals but also promotes economic inclusivity and resilience. As the financial sector continues to evolve, SCBI's innovative solutions position it at the forefront of sustainable banking practices in Indonesia.