GRI – STEI Learning Session

21-22 April 2021

Understanding ESG-Sustainability Reporting

for Sustainable Finance

• Lany Harijanti, Regional Program Manager ASEAN

• Hendri Yulius Wijaya, Country Program Manager Indonesia
Sekilas tentang GRI
www.globalreporting.org
More than two decades of setting the standards

1 2
jika ada kerangka kerja yang bersifat volunentarry dan memberikan kesempatan kepada perusahaan
untuk memberikan penjelasan tentang resiko toprasionalnya terhadap sosial ekonomi dan
lgkunganannya

3 4
kantor dinerdelan...sejak 2016 tidak ada g3 g4 bedanya

MENGINGAT NI TAHUN YANG PENTING SPERTINYA COVID MERUBAH BANYAK HAL TERUTAMA ISU SUSTAN
PRYEK PPB ;;KASUS TANGKER EXON YANG MENABRAK GUNUNG ES DI SELAT FALDES TERjdi OIL SPLID YANG
MENGAKIBATKAN KERUSAKAN HAYATI. TEMAN2 LINGKUNGAN MEMBRIKA IDE
 73% dengan revenue terbesar didunia

of the largest 250 peusahaan dengna revenu besar

companies in the world
reporting on sustainability
use GRI
Around organizations from 68

450
countries active in the
GRI Community
168 disebut diifnancial regulateor atau ojk atau peraturan bursa saham

Our impact policies in 67 countries

and regions reference or
require the GRI Standards

More than training partners across

100
57 countries offer GRI

186,000 Certified Training Courses

memiliki mtra training resmi
unique downloads of the
GRI Standards in 2019,
a 44% rise on previous
year gri public good ..11.000nya dari indonesia saja
 Government & Foundation partners

Department of Foreign Affairs and Trade, Australia

Sustainable trade and investment through reporting in the
Indo-Pacific Region (2017-2020)

State Secretariat for Economic Affairs, Switzerland

Corporate sustainability and reporting on the
Competitive Business program - phase II (2016-2020)

Swedish International Development Cooperation

Agency, Sweden
Responsible business for sustainable development: achieving the
2030 Agenda through business reporting (2018-2020)

Robert Wood Johnson Foundation, USA

Promoting sustainability reporting to create a culture of health for
business 2019-2020
GRI Academy  GRI Certified Sustainability Professional
The Professional Certification Program includes five
courses, covering the fundamentals of GRI reporting. In
addition to the introductory training outlined above,
the other courses covered by the program are all
available through the GRI Academy:
•Stakeholder engagement
•Materiality
•The sustainability reporting process
•Integrating the SDGs into sustainability reporting
GRI Community Membership Program
The GRI Community is a catalyst for transparency; it’s a
learning-exchange space where experience and expertise
come together helping participants make competitive
choices; it’s the launchpad for local and global leaders to
share their success stories; the powerhouse where collective
impact in sustainable development starts to become real and
grow.

GRI Community 2021 Online Program

Learning:

Sustainability Reporting Process (SRP) – a 5 webinar series

Knowledge Sharing:

Global Member Meetings – quarterly - updates shared from GRI, Q&A.

GRI Standards Learn & Share
GRI’s Sustainability
Disclosure Database
• http://database.globalreporting.org/
Sebelum Mulai
Materi yang harus dimiliki:

1. POJK 51/03/2017 lampiran 2,

https://www.ojk.go.id/id/kanal/perbankan/regulasi/peraturan-ojk/Pages/POJK-Penerapan-Keuangan-
Berkelanjutan-bagi-Lembaga-Jasa-Keuangan,-Emiten,-dan-Perusahaan-Publik.aspx

2. GRI Standards:
https://www.globalreporting.org/standards/gri-standards-translations/gri-standards-bahasa-indonesia-
translations-download-center/

3. Lembar kerja stakeholders & materiality

4. Lembar kerja management approach
5. Lembar kerja excel – alignment
6. Benchmarking:
1. BCA SR 2020
2. Kalbe Farma SR 2019
3. Sidomuncul SR 2019
GRI Standards Bahasa Indonesia Translations (globalreporting.org)
https://www.globalreporting.org/standards/gri-standards-translations/gri-standards-bahasa-indonesia-translations-download-center/
https://www.ojk.go.id/id/kanal/perbankan/regulasi/peraturan-ojk/Pages/POJK-Penerapan-Keuangan-Berkelanjutan-bagi-Lembaga-Jasa-Keuangan,-Emiten,-
dan-Perusahaan-Publik.aspx
12
Sustainability Reporting
for Sustainable Finance

harijanti@globalreporting.org
 resiko global akan berdampak kepada resiko nasional
resiko perubahan iklim

WHY WEF
Sustainability Global
- the risk perspective Risks
Business needs to be resilient
Report
2021
RESIKO
mengenali resiko ditingkat global.

jika covid hanya di cina..dan dilumpuhkan

dengan covid tentu akan berdampak kepada
indonesia januari 2021
ini peta resiko...menururt WEF
kalau kita ingin kegagalan kita dalam meresposn
WORLD ECONOMI FORUM..global ristk
melihat resiko perurbahan dan adanya infeksius
kalau kita bicara sustanabilitiy selalu terkait dengan resiko... deases ( penyakit infeksi). Resiko
global kita
kepada wef covid menjadi global resiko
Sustainable Finance
 Finance is key to building a sustainable future.

We are a leading sustainable finance provider and

have received widespread recognition for the support
we provide to clients, including being named the
World’s Best Sustainable Bank by Euromoney
magazine in 2019 and 2020.

We currently define sustainable finance as:

• Any form of financial service that integrates
environmental, social and governance (ESG)
criteria into business or investment decisions
• Financing and investment activities that support
1. Definisi Sustainable finance semua
kegiatan layanan operasionalnya yang
mengintegrasikan faktor enveriomenta the
socialUN Sustainable Development Goals (SDGs), in
tata kelola pada saat dia melakukan particular taking action to combat climate change
keputusan bisnis dan investasinya (ESG menjad
2. memilih keputusan bisnis dan investasi yang menjawab isu ESG dan menjawab isu perubahan iklim
16
International Platform for Sustainable Finance

eu= memiliki dokumen sustaiable yang lengkap

• “Sustainable finance is viewed as capital flows (as reflected in

lending and investment), risk management activities (such as
insurance and risk assessment), and financial processes
(including disclosure, valuations, and oversight) that
assimilate environmental and social factors as a means of
promoting sustainable economic growth and the long-term
stability of the financial system.”
 Sustainable finance in emerging markets and the role of
securities regulators (IOSCO) – 10 Recommendations
FR08/2019 Sustainable finance in emerging markets and the role of securities regulators (iosco.org)

1: Integrating ESG-specific issues in overall risk assessment and governance.

2: Institutional investors - incorporate ESG
3: ESG-specific disclosures, reporting, and data quality.
4: Definition of sustainable instruments
5: Eligible projects and activities.
6: Offering document requirements.
7: Ongoing disclosure requirements.
8: Proper use of funds.
9: External reviews.
10: Building capacity and expertise for ESG issues. + monitoring mechanisms.

IOSCO Statement on Importance of Disclosure about COVID-19

ACMF – SF roadmap 2020-2025
List of ASEAN Green Social Sustainability Bonds (041220).pdf (theacmf.org)
2019 World SE ranking by Corporate Knights & Aviva
Indonesia progress – SBN 2019
Inisiatif Keuangan Berkelanjutan Indonesia (IKBI) – 15 anggota
Progress
• 121 countries pledged Net Zero in 30 years: China 2060, Bhutan & Suriname are “0”
• 1181 companies made commitment to zero carbon transition, 571 has SBTs, 393 -1.5◦

UNEP FI supports global finance sector principles to

catalyze integration of sustainability into financial
market practice. The frameworks UNEP FI has
established or co-created include:
•Principles for Responsible Banking
(PRB) launched with more than 130 banks collectively
holding USD 47 trillion in assets, or one third of the
global banking sector, on 22 September 2019. 206
•Principles for Sustainable Insurance (PSI),
established 2012 by UNEP FI and today applied by
one-quarter of the world’s insurers (25% of world
premium).  90
•Principles for Responsible Investment (PRI),
established in 2006 by UNEP FI and the UN Global
Compact, now applied by half the world’s institutional
investors (USD 83 trillion).  3709 – 3 Indonesia
23
https://www.unpri.org/download?ac=10948
PRI's new Reporting Framework – are you ready? (ogier.com)
Jadi….apa itu sustainability
report
 The Power of Corporate Sustainability Reporting
• The practice of disclosing sustainability information inspires accountability, helps
identify and manage risks, and enables organizations to seize new
opportunities.
• Reporting supports companies to protect the environment and improve society,
thrive economically by improving governance and stakeholder relations,
enhancing reputation and building trust.

• Enable businesses to identify and communicate their contribution to the SDGs

• engage more businesses to report as a response to the SDGs
• support reporting aligned with the SDGs
Pelaporan Berkelanjutan/ Sustainability
Reporting
Alias: ESG reporting, Citizenship Report, CSR Report,

ESG reporting adalah praktek perusahaan yang melaporkan secara

terbuka ttg dampak ekonomi, lingkungan hidup, &/ sosial, dan kontribusi
- positif ataupun negatif – terhadap tujuan pembangunan berkelanjutan
(SDGs).

• Membantu untuk menentukan goal, mengukur kinerja dan mengelola

perubahan
• Termasuk ttg dampak yang paling berpengaruh/ signifikan
• Membuat isu abstrak menjadi konkrit dan nyata
• Membantu organisasi mengembangkan strategi dan kegiatan yang
berkelanjutan
• Berfokus pada stakeholder, menjembatani kinerja dan menandakan
adanya perbaikan secara terus menerus
The Time Has Come:
The KPMG Survey of Sustainability Reporting 2020
ESG and Financial Performance – a NYU STERN study
Uncovering the Relationship by Aggregating Evidence from 1,000 Plus Studies Published between 2015 – 2020
We drew six conclusions about the
relationship between ESG and financial
performance after examining the 1000
plus individual studies.
1. Improved financial performance
due to ESG becomes more marked
over longer time horizons.
2. ESG integration, broadly speaking
as an investment strategy, seems
to perform better than negative
screening approaches.
3. ESG investing appears to provide
downside protection, especially
during a social or economic crisis.
4. Sustainability initiatives at
corporations appear to drive
better financial performance due
to mediating factors such as
improved risk management and
more innovation.
5. Studies indicate that managing for
a low carbon future improves
financial performance.
6. ESG disclosure on its own does
not drive financial performance.
Why is
Sustainability
Important?

Source: McKinsey & Company

https://www.mckinsey.com/business-functions/sustainability/our-insights/sustainabilitys-deepening-imprint
 Sustainable development is development that
meets the needs of the present without
compromising the ability of future generations
to meet their own needs.
(the Brundtland Report)

Sustainability
Definition Social

Environment Governance
 ISO 26000 - Corporate Social Responsibility
Social Responsibility (SR) is the responsibility of an organization
for the impacts of its decisions and activities on Society and the
Environment through transparent and ethical behavior that:
• Contributes to sustainable development, including the health
and welfare of society
• Takes into account the expectations of stakeholders
• Is in compliance with applicable law and consistent with
international norms of behavior, and
• Is integrated throughout the organization and practiced in its
relationships.
ESG
 Pedoman Teknis bagi Bank POJK
1. Penjelasan Strategi Keberlanjutan 51/03/2017
Format Penyusunan LB – hal 52
2. Ikhtisar Kinerja Aspek Keberlanjutan
a) Aspek Lingkungan: internal: efisiensi penggunaan energi (misalnya listrik dan air),
bangunan hijau, efisiensi penggunaan kertas dan plastic; alokasi pendanaan TJSL;
kegiatan
b) Aspek Sosial: internal: ketenagakerjaan - proporsional jumlah pengurus bank dan
kepala cabang berdasarkan jenis kelamin, proporsional jumlah pegawai yang berasal
dari daerah setempat; alokasi pendanaan TJSL, kegiatan
3. Profil Keberlanjutan: visi, misi, nilai, skala, dst
4. Penjelasan Direksi
5. Tata Kelola Keberlanjutan: tupoksi, kompetensi, monev, stakeholder, isu
6. Kinerja Keberlanjutan: eko, sos, lingk.  internal,
eksternal, SDGs
7. Verifikasi Independen Tertulis (assurance) – jika ada
8. Feedback – Lembar Umpan Balik
9. Tanggapan
 Isi Laporan Keberlanjutan
1 2 3

Ikhtisar Kinerja Profil Singkat

Penjelasan Strategi
Keberlanjutan Keberlanjutan

6 5 4

Kinerja Manajemen Penjelasan BOD

Keberlanjutan Berkelanjutan

7 8 9

Verfikasi Independen Lembar Umpan Respon terhadap

Tertulis (assurance) – jika Balik Lembar Umpan Balik
ada
 POJK 51/03/2017 Pengungkapan Wajib
data 3 tahun terakhir
Ekonomi : Lingkungan: Sosial :

•Jumlah produk/ •Energi– Air dan •Dampak +/-

jasa listrik / sumber keuangan
•Pendapatan/ energi berkelanjutan
omset •Emisi kepada
•Limbah dan masyarakat dan
•Laba bersih
Efluen lingkungan
•Produk ramah
lingkungan •keanekaragaman
•Pemasok lokal hayati

https://www.ojk.go.id/id/kanal/perbankan/regulasi/peraturan-ojk/Pages/POJK-Penerapan-Keuangan-Berkelanjutan-bagi-
Lembaga-Jasa-Keuangan,-Emiten,-dan-Perusahaan-Publik.aspx 36
 Kategori Kegiatan Usaha Berkelanjutan - OJK

Roadmap SF OJK II (2021-2025)