Telkom Pension Fund Wins ESG Award 2024

Photo: Special

JAKARTA - Telkom Pension Fund won the best title at the 2024 ESG Award (Environmental, Social, and Governance) by KEHATI in the Capital Market Sector with the Best Pension Fund Investor category.

This award was given on the awarding night of the 2024 ESG Award, which carries the theme Sustainable Investment for A Better Indonesia, at the Financial Club Hall Graha CIMB Niaga Jakarta on July 30, 2024.

The 2024 ESG Award is an award for appreciating ESG investment and sustainable finance players who have implemented ESG principles in business decisions, as well as investment and funding, in order to lead to a sustainable financial future in Indonesia.

The awards are divided into 3 sectors, namely, the Capital Market Sector, the Impact Investment Sector, and the Debt and Project Financing Sector. All award recipients are 13 companies, winners based on the best ESG criteria from several candidates representing the respective industrial sectors.

Telkom's Pension Fund received this award thanks to the investment process which gradually adopted the ESG factor in its investment strategy.

This award confirms the position of Telkom Pension Fund as one of the pension funds that has good governance and continues to make improvements towards healthy, strong, and sustainable pension funds.

"We are committed to integrating ESG as one of the main indicators in investment and competency development to support the implementation of ESG principles in its investment portfolio, which must be combined with long-term obligations," explained President Director of the Telkom Pension Fund Abdul Hadi, in a written statement, Monday, August 5.

Telkom Pension Fund also ensures compliance with regulations and the ability to fulfill obligations through sustainable finance and superior performance in the pension fund industry.

The hope is that by including ESG considerations, it will be in line with the increase in value creation from the ESG trend. In addition, with the more mature understanding and participation of industry players in supporting ESG, it is hoped that stable investment results can be achieved.