Kategori: Sustainability and ESG
-
2025-Indonesia Business and Human Rights Challenges
(1) Ensuring accountability in the rush of energy transition At the Group of 20 (G20) major economies leaders summit in Brazil on Nov 19, Prabowo said that Indonesia is planning to phase out the use of coal energy within 15 years by building over 75 gigawatts of renewable energy capacity. He refers to the…
-
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…
-
Emerging anti-greenwashing rule; what business have to do?
The demand for genuine implementation of sustainability commitments has been increasing recently. ESG implementation by corporations can no longer be just lip service. Tighter public scrutiny can no longer be covered by ratings or stunning sustainability reports. Currently, various countries have implemented anti-greenwashing rules. Sooner or later Indonesia will adjust and the business industry must…