Increase BUMDes Turnover To IDR 27 Billion, MMSGI Achieves The Most Impactful Prosperity Program Award

Photo: Doc. PT MMS Group Indonesia (MSGI)

JAKARTA - PT MMS Group Indonesia (MSGI), a business group in the energy and property sector, reiterated its commitment to sustainability. At the 2024 CSR Awards: Impact Symphony at the Aryaduta Hotel, Jakarta, Thursday, October 24, MMSGI received the 'Most Impactful Prosperity Program' award from Investortrust.id and the Earth Global Carbon Foundation for its contribution to improving community welfare and protecting the environment through social responsibility programs.

Through PT Multi Harapan Utama (MHU) as a subsidiary, MMSGI implements a CSR program that has a real impact on communities around operational areas. This award assessment includes corporate criteria that already have a Sustainability Report and transparently report Social Return on Investment (SROI) from the CSR program according to the international standard Global Reporting Initiative (GRI).

Margareta, who was present representing the MMSGI Board of Directors, stated this award as proof of MMSGI's commitment to social responsibility.

"This award reflects the hard work of the MMSGI team as well as solid collaboration with partners and stakeholders. MMSGI is committed not only to economic growth, but also to preserving the environment and community empowerment," he said.

MMSGI's partnership with the Prosperous Payang BUMDesa is one of the main programs that succeeded in increasing BUMDes' revenue from IDR 4.6 billion in 2019 to IDR 27.6 billion in 2023, with a value of SROI 4.27 which indicates the success and feasibility of this program.

This program includes business development such as composite factories, catering services, laundry, homekeeping, and construction of the Water Treatment Plant (WTP). In addition, BUM Desa also contributes to social activities, such as distribution of basic necessities and assistance for sacrificial animals for the surrounding community.

Assisting this Prosperous Payang Village BUM, MMSGI also supports the achievement of Sustainable Development Goals (SDG) such as Unhungry Villages (SDG 2), Quality Education (SDG 4), Clean Water and Sanitation (SDG 6), and Village Economic Growth (SDG 8).

In addition to partnering with BUMDes, MMSGI also manages other CSR programs such as equivalence education Packages A, B and C, community-based carpentry industries by utilizing local wood, and livestock groups. The program is designed with the Sustainable Livelihood Approach (SLA) and is evaluated periodically using the SROI method, ensuring improvement in the quality of life of the community.

MMSGI CEO, Sendy Greti, also appreciated this award.

"This award is a synergy between MMSGI, the government, partners, and the community. By adhering to the principles of Environmental, Social, and Governance (ESG) as the basis for every step we take, MMSGI implements a CSR program that has a positive and sustainable impact, in order to support the welfare of the community and preserve nature. This is in line with the vision of Driving Sustainability Way Forward," said Sendy Greti.

MMSGI is not only focused on business growth but also actively creating sustainable social values through various CSR initiatives. The Most Impactful Program Prosperity award further strengthens MMSGI's commitment to building a prosperous and sustainable future for all.