BTN Wins IDEAWARD 2024 Award, Evidence Of Leadership In ESG Innovation And Implementation

JAKARTA PT Bank Tabungan Negara (Persero) Tbk (BTN) won the Creative Award for Environmental Sustainability and Creativity in the IDEAWRD 2024 event. The award ceremony took place at the Assembly Hall Jakarta Convention Center on Friday, September 27, 2024. This achievement confirmed BTN's position as one of the leading banks in implementing Environmental, Social, and Governance (ESG) principles in Indonesia.

The IDEAWARD 2024 award is an acknowledgment of agencies and individuals who contribute significantly to creativity and innovation in various sectors. The IDEAWARD Jury assesses that BTN is superior in implementing and promoting sustainability in the banking sector through innovative programs that are in line with ESG Roadmap 2023-2028.

BTN Committed To Becoming A Champion ESG Bank

BTN's Corporate Secretary, Ramon Armando, stated that this award is proof that BTN is at the forefront of implementing ESG principles in the national banking industry. This is in line with the company's vision to become an ESG Champion that focuses on business and environmental sustainability.

BTN really appreciates this award. We will continue efforts to transform the ESG that have been carried out, including expanding positive impacts on the environment and society. We believe that creativity and innovation are the keys to achieving sustainable growth," Ramon said in Jakarta, Sunday (29/9). BTN Run for Purpose Program: Innovation in the ESG Sector

One of the programs that are of concern in this award is the Run for Purpose which will be held at the 2024 BTN Jakarta International Marathon (BTN JAKIM). This program combines sports events with sustainability initiatives, in which BTN provides a donation of Rp361 million for the development of the arts and culture community as well as the Pelari Steps Donation aimed at the goal of the Sustainable Development Goals (SDGs).

"We are trying to create an impact that can empower the community and is in line with the 17 goals of the SDGs. With the 2023-2028 ESG Roadmap, we are optimistic that we can continue to encourage positive changes in the banking sector and the wider community," Ramon added.

BTN Green Initiatives and Sustainability

BTN also recorded a major achievement in implementing the principle of sustainability at the operational level. In 2024, the BTN ESG Rating will increase to BBB by the MSCI global ESG rating agency. This effort is reflected in the reduction in paper usage measures of up to 78 million pieces, which is equivalent to the rescue of 9,822 trees, as well as the installation of solar panels and the use of electric vehicles in several BTN offices.

BTN is committed to transitioning business operations in a more sustainable direction, Ramon continued.

In terms of products, BTN has launched various ESG-based services, including ESG-based loans (ESG-based corporate loans) with total distribution reaching IDR 3.36 trillion, as well as the Emission Low House program in collaboration with environmentally friendly material developer partners and producers.

These sustainable products and services help us create added value for stakeholders and support Indonesia's sustainability agenda, Ramon stressed.

Good Governance And Inclusive Workplace

In the social sector, BTN is also a pioneer in creating equal, supportive, and empowering workplaces, including supporting female employees and people with disabilities. BTN implements good and transparent governance (Governance) as part of an integrated risk management strategy.

With this series of initiatives, BTN continues to strengthen its position as a leader in sustainability and creativity in the banking sector, ready to face future challenges and realize inclusive and sustainable growth.