Strengthen Sustainable Business Practices, IIF and Indonesia Eximbank Sign Cooperation on the Implementation of ESG

Photo: Dok. PT Indonesia Infrastructure Finance (IIF)

JAKARTA - PT Indonesia Infrastructure Finance (IIF) and Indonesia Eximbank/Lembaga Pembiayaan Ekspor Indonesia (LPEI) signed a Memorandum of Understanding (MoU) and cooperation in order to support the implementation of the principles of Environmental, Social, and Governance (ESG) with international standards on March 2, 2026.

Through this collaboration, Indonesia Eximbank can build a more robust, transparent and sustainable financing system, as well as accelerate the readiness of institutions as part of support for Indonesia's accession agenda.

IIF will provide strategic assistance to strengthen Indonesia Eximbank's internal policies, systems, and capacity in the comprehensive implementation of ESG principles. This support includes strengthening ESG policies, environmental and social risk management systems, and carbon emission management, which will overall support the fulfillment of international standards and criteria.

"This cooperation is a strategic step for IIF to support the transformation of companies in Indonesia through the strengthening of a structured ESG framework. We believe that the implementation of ESG will create long-term added value for both institutions," said President Director of IIF, Rizki Pribadi Hasan, in a statement, Thursday, March 5.

In addition to providing financing for infrastructure projects, IIF is also active in providing consulting services to the public and private sectors such as feasibility study preparation, transaction advisory, financial advisory, strategy and business advisory, economic and/or financial assessment, social and environment advisory, and policy advisory.

The Executive Director of Indonesia Eximbank, Sukatmo Padmosukarso, said that this cooperation is an important part of Indonesia Eximbank's efforts to improve the quality of export financing practices to be in line with prudent global practices and sustainability principles.

In line with this, Indonesia Eximbank continues to strengthen governance, improve the quality of financing portfolios, and develop more comprehensive and sustainable risk management. This step also confirms the joint commitment to encourage transformation towards competitive financing practices globally and meet international standards.

As part of the Special Mission Vehicle of the Ministry of Finance, the collaboration between IIF and Indonesia Eximbank strengthens the role of national financing institutions in supporting the agenda of sustainable development, while improving Indonesia's competitiveness at the global level through the implementation of international standards and best practices.