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Indonesia

Case study: ESG, energy transition and Indonesia

This ESG Intelligence report details the country’s growing role in the global ESG ecosystem, with a focus on topics such as managing transition risks on the path towards net zero, support for local biodiversity, social return on investment and bridging regional gaps in education.

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Case study: ESG, energy transition and Indonesia

Indonesia’s environmental, social and governance (ESG) priorities centre on the affordable transition to renewable energy, socio-economic growth beyond Jakarta, and improved governance in both the public and private sector.

This ESG Intelligence report details the country’s growing role in the global ESG ecosystem, with a focus on topics such as managing transition risks on the path towards net zero, support for local biodiversity, social return on investment and bridging regional gaps in education.

This report marks the first in a two-part series, produced in partnership with Indonesia-listed energy and natural resources company MedcoEnergi. The second report will expand the focus to ESG and the UN Sustainable Development Goals in a regional context, supported by data on national progress towards global targets.

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With some of the industry’s most experienced analysts conducting on-the-ground research throughout the year, OBG provides its global readership with the business intelligence they need to stay ahead.

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Asean

Asia’s consumer class is growing fast. This chart shows how

Between the years 2020 and 2030, almost 76 million Indonesians will join the so-called consumer class, a group of people who spend more than $11 (in 2011 PPP dollars) per day. This will cause the country to become the fourth biggest consumer market in the world behind the giants of the field – China, India and the United States.

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a chart showing consumer growth

Asian countries are expected to exhibit the biggest growth of the consumer class among the world’s 30 biggest consumer markets.

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Asean

The Indonesia-Singapore Bilateral Investment Treaty Comes into Effect

Through the upgraded DTAA, the tax rate on branch profits was reduced from 15 to 10 percent, and the tax rate on royalties for copyrighted works of literature, arts, and film, and eight percent for the use of industrial, scientific, or commercial equipment was lowered from 15 to 10 percent.

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The Indonesia-Singapore Bilateral Investment Treaty Comes into Effect

The latest Indonesia-Singapore Bilateral Investment Treaty (BIT) came into effect on March 9, 2021, and replaces the previous BIT, which was signed in June 2006 and expired in June 2016.

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