Kategori: Report

  • Safeguarding Court from Economic Capture:

    Undue Influence of Wealthy Individuals and Powerful Economic Actors on Indonesia’s Judicial System Judicial systems in Indonesia have long been under the undue influence of powerful economic actors, especially a small number of wealthy individuals, giant companies, and business association groups. This has become common knowledge, but it is very difficult to prove, makes it…

  • Operational-level grievance mechanisms (OGMs); Company-driven or community-driven?

    Operational-level grievance mechanisms (OGMs) are systems that companies set up at their operational sites to handle complaints from community members, workers, human rights defenders and other stakeholders. The Operational-level Grievance Procedures includes: However, many observers have critiqued OGMs for failing to meet international standards on fair process – including the effectiveness criteria such as legitimacy…

  • Indonesian Taxonomy for Sustainable Finance

    On February 2024, OJK issued the Taxonomy for Indonesian Sustainable Finance (TKBI), which is a transformation of the Indonesian Green Taxonomy Edition 1.0. TKBI is a classification of economic activities that support efforts and SDGs covering economic, environmental and social aspects, and is used as a guide to improve capital allocation and sustainable financing to…

  • Carbon Capture and Storage (CCS) and Carbon Capture Utilization and Storage (CCUS)– new Presidential regulation 14/2024 and SKK Migas regulation PTK-070

    In early 2024, the Indonesian government issued a more comprehensive framework on the Organization of Carbon Capture and Storage Activities (PR 14/2024) which came into force on 30 January 2024. PR 14/2024 covers 12 areas, such as: see detail here —PERPRES No. 14 Tahun 2024 (bpk.go.id)

  • EU’s Mandatory Corporate Sustainability Due Diligence

    On 15 March 2024, the European Union Council voted to adopt the Corporate Sustainability Due Diligence Directive (CS3D). Under this directive, large companies domiciled in the EU and foreign companies generating significant revenues in the EU will be obliged to comply with the new sustainability due diligence obligations. S3D requires companies to carry out risk-based…

  • Roadmap for the OECD Accession Process of Indonesia

    On 29 March, the Council of OECD adopted the Roadmap for the OECD accession process of Indonesia https://one.oecd.org/document/C(2024)66/FINAL/en/pdf  The Roadmap sets out the terms, conditions and process for the accession of Indonesia. Now, Indonesia enter the review process that will include a rigorous and in-depth evaluation by more than 20 technical committees of Indonesia’s alignment…