KUBL

Issuing IDR 5 Billion Green Bond, BRI Reaffirmed as Market Leader of ESG Companies in Indonesia

Retrieved on: 
Thursday, June 30, 2022

JAKARTA, Indonesia, June 29, 2022 /PRNewswire/ --Bank BRI (IDX: BBRI)has reaffirmed its commitment to sustainable financing in Indonesia by issuing the Sustainable Environmental Bonds I Phase I Year 2022, targeting to raise IDR 15 billion and a total issuance of IDR 5 billion for ESG (Environment, Social, and Governance) activities.

Key Points: 
  • JAKARTA, Indonesia, June 29, 2022 /PRNewswire/ --Bank BRI (IDX: BBRI)has reaffirmed its commitment to sustainable financing in Indonesia by issuing the Sustainable Environmental Bonds I Phase I Year 2022, targeting to raise IDR 15 billion and a total issuance of IDR 5 billion for ESG (Environment, Social, and Governance) activities.
  • PT Pemeringkat Efek Indonesia (Pefindo) has given an idAAA rating on BRI's Green Bond," said Sunarso, President Director of BRI.
  • In March 2022, BRI's fud for ESG activities reached IDR 639.9 billion, 65.6% of the total loan, increasing by 13.4% compared to last year's IDR 564 billion or 62.9% of the total loan.
  • "Through the Green Bond issuance, BRI has further strengthened its position as the market leader amongst ESG companies in Indonesia.