JAKARTA - PT Bank Danamon Indonesia Tbk (Danamon) received an award for its commitment to green financing at The Best Corporate Emission Reduction Transparency Award 2025 which was held at the Sultan Hotel, Jakarta, last Tuesday, April 29.
This award was given by Investortrust.id to the company with transparency and realization of achieving the best emission reduction target in the past year, as well as to companies that have made important progress in efforts to reduce carbon emissions.
Sustainability Finance Head Danamon, Abdul Hadi, is grateful for the appreciation given to Danamon at The Best Corporate Emission Reduction Transparency Award 2025, as well as to customers for their trust in Danamon, and all employees who have contributed to this achievement.
"This award shows our commitment to encourage Danamon's sustainable business growth, in line with the MUFG group's commitment to decarbonize efforts to achieve neutral greenhouse gas emissions (net zero GHG emissions) from the Group's operations and its portfolio," he said, in a written statement, Thursday, May 8.
At the event, Danamon received two awards, namely:
- Public Company with Trusted Green Achievement in Emission Reduction; and- Public Company with Trusted Diamond Achievement in Emission Transparency.
This award affirms Danamon's commitment to minimize environmental impacts arising from its operational activities through adjusting environmentally responsible business activities, as well as raising awareness for customers in supporting them to switch to renewable energy and use more environmentally friendly technology.
During 2024, Danamon launched several digital products and services to help reduce the carbon footprint it produces, including the account creation feature through the D-Bank PRO application. Danamon is also developing sustainable financial products as one of the financial solutions that can increase ESG ratings and increase investor confidence in debtors.
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Danamon also supports sustainable investment through diversification of bonds that directly or indirectly have an impact on public and/or environmental or social development. By the end of 2024, the proportion of investment in Danamon's corporate bond portfolio through infrastructure bonds, green bonds, and/or social bonds will reach 27.2 percent of the total portfolio of Danamon's corporate bonds.
In the future, Danamon will continue to contribute to bonds that have an impact on public and/or environmental or social development in an effort to support sustainable business, taking into account the availability of instruments and opportunities in the market.
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