Supporting economic growth across all sectors, sustainable financing is increasingly becoming a focus in the Indonesian banking industry. This change is in line with Financial Services Authority (OJK) Regulation No. 51 of 2017, which encourages financial institutions to integrate sustainability principles into their business strategies. This trend addresses regulatory requirements and is crucial in supporting the transition toward a greener and more responsible economy.

 

BCA is committed to supporting this transition through financing directed toward environmentally conscious business activities. BCA has disbursed financing across nine categories of Environmentally Sustainable Business Activities (KUBL), namely renewable energy, sustainable management of natural resources and land use, environmentally friendly transportation, sustainable water and wastewater management, energy efficiency, products that reduce resource use resources and produce less pollution (eco-efficient), environmentally friendly buildings, pollution prevention and control, and other environmentally friendly business activities.

 

For commercial businesses and SMEs, this financing opens opportunities to develop businesses that are not only financially profitable but also make a tangible contribution to environmental and social sustainability. For example, logistics companies can upgrade their fleets with electric vehicles, food and beverage industries can manage their production waste more efficiently, or property developers can build energy-efficient green-certified buildings.

 

BCA offers the Sustainability Linked Loan (SLL) credit scheme, a financing mechanism where the bank and borrower agree on specific sustainability targets or Sustainability Performance Targets (SPTs) relevant to the borrower's business sector. If these SPTs are achieved, the borrower is entitled to incentives, such as a reduction in interest rates. This scheme creates a mutually beneficial relationship: borrowers are encouraged to improve their sustainability performance, while the bank ensures that the funds disbursed have a positive impact.

 

The provision of sustainable financing demonstrates BCA's commitment to supporting and accelerating the transition  towards an inclusive green economy. For the business world, this initiative is not only about access to funding, but also an opportunity to build reputation, enhance competitiveness, create a circular economy and contribute to a more sustainable future for the planet. With the support of visionary financial institutions, the transition toward sustainable economic growth becomes increasingly tangible, with benefits felt by both current and future generations.

  

Please contact your nearest BCA branch or HaloBCA for information on financing for Sustainable Business Activities.

 

#BCAforsustainability