Implementation of Sustainable Finance for Financial Services Institutions, Issuers, and Public Companies
Number : POJK Nomor 51/POJK.03/2017 tentang Penerapan Keuangan Berkelanjutan bagi Lembaga Jasa Keuangan, Emiten, dan Perusahaan Publik.General Information
Number
: POJK Nomor 51/POJK.03/2017 tentang Penerapan Keuangan Berkelanjutan bagi Lembaga Jasa Keuangan, Emiten, dan Perusahaan Publik.
Year
: 2017
Regulation Type
: OJK Regulations
Initiator
: Otoritas Jasa Keuangan
Assigned Date
: 18-07-2017
Set Date
: 16-02-2024
Effective Date
: 27-07-2017
Short Description
It is an overarching rule that regulates the implementation of Sustainable Finance in Indonesia.
Content
Financial Services Authority Regulation Number 51/POJK.03/2017 on the Implementation of Sustainable Finance for Financial Services Institutions, Issuers, and Public Companies regulates:
1. Obligation to implement Sustainable Finance Principles for Financial Services Institutions, Issuers, and Public Companies.
2. Obligation to submit a Sustainable Finance Action Plan for Financial Services Institutions.
3. Obligation to submit a Sustainability Report for Financial Services Institutions, Issuers, and Public Companies.
4. Obligation to implement Social and Environmental Responsibility (TJSL) for Financial Services Institutions, Issuers, and Public Companies.
5. Provision of incentives.
6. Optimization of TJSL funds to support the Sustainable Finance Program.
7. Sanctions for Financial Institutions, Issuers, and Public Companies.
8. Timeline for the regulation implementation.
The regulation can be downloaded from the following link:
1. POJK 51 - Sustainable Finance.pdf
2. Description POJK 51 - Sustainable Finance.pdf
OJK