BNI-AM And BNI Spread 2,000 Mangrove Bibits For Bali

BNI-AM and BNI helped reforestation for pantyai in Bali. (IST)

JAKARTA - PT BNI Asset Management (BNI-AM), together with PT Bank Negara Indonesia (Persero) Tbk. or BNI, and investors took part in the Mangrove Forest Rehabilitation of investor participation in BNI-AM ETF MSCI ESG Leaders Indonesia (XBES) and the BNI-AM Mutual Fund Sri Kehati Index in Teluk Benoa, Bali on February 17, 2023.

Activities in the form of concern for environmental conservation and aim to build investor awareness to be more active in investing in environmentally friendly mutual funds.

This Corporate Social Responsibility (CSR) activity was in the form of planting 2,000 mangrove seeds attended by the Board of Directors (BOD), Board of Commissioners (BOC), BNI-AM employees and Regional BNI Officials and Denpasar Branch Offices.

The CSR activity collaborates with the Bali Mangrove Ranger as an implementing partner who helps plant, care, and monitors the progress of mangrove seeds for the next 3 (three) years.

BNI Corporate Secretary Okki Rushartomo said the company was proactive in socializing so that the implementation of the green economy could be carried out in stages and comprehensively by BNI strategic partners, including in collaboration with nature lovers communities.

"We certainly really support all forms of effort to preserve nature as a form of implementation of green banking. We hope this activity can be a trigger for many other nature lovers to continue to make positive contributions," he said.

Previously, BNI had collaborated to assist the Mega Mendung Organic Forest lover community, which has managed more than 30 hectares.

BNI has also collaborated with the KJA Foundation in collaboration with the environmental rehabilitation program for the coastal areas of Anyer Beach, Banten and upstream Citarum watershed, West Java through the seed plantation development program, planting and caring for trees.

In fact, this program collaboration uses the CSR mechanism in the form of breeding 100,000 trees in the Anyer Beach area, breeding 200,000 trees in the upstream area of the Citarum River watershed, planting activity costs, as well as cost of tree maintenance activities.

To increase our commitment in the green business segment, BNI has issued a green bond worth IDR 5 trillion. Of course, the green portfolio that exists today will be stronger with the green bond that BNI has.

On the other hand, BNI-AM always cares about the environment by inviting investors to invest as well as contributing to biodiversity in 2 (two) mutual fund products which are closely related to environmental conservation, namely BNI-AM ETF MSCI ESG Leaders Indonesia (XBES) and BNI-AM Indices Sri Kehati.

Both products focus on issuer stocks that have good Environmental, Social & Governance (ESG) assessments according to the MSCI International version, as well as those included in the Sustainable and Responsible Investment (SRI) index and the Indonesian Biological Diversity Foundation (HATI). Currently, the total amount of funds managed by the two mutual fund products reaches 254.36 billion rupiah.

BNI-AM is a pioneer of Financial Services Business Actors in the Capital Market industry which is registered and supervised by OJK. It has been pioneered since October 23, 1995 and on July 7, 2011 BNI-AM has spin off from BNI Sekuritas as a Limited Company.

Currently, BNI - AM occupies the top 10 investment managers in Indonesia based on the total number of Assets Under Management (AUM).