Jakarta, November 2024 – Indonesia’s commitment to enhancing the adoption of Environment, Social, and Governance (ESG) principles in the infrastructure sector took a significant step forward with a Capacity Building program organized by the Directorate General of Budget Financing and Risk Management (DJPPR) of the Ministry of Finance in collaboration with Indonesia Australia Infrastructure Partnership (KIAT) and ARUP on November 12 and 13, 2024. Lenny Hidayat, Partner at Greenwise Consulting, played a pivotal role in developing the ESG Framework and Manual as well as the Principles of Materiality Assessment Tool (MAT), both of which served as key references during the training sessions.
The program covered four main modules, including ESG Introduction and Benefits for the Infrastructure Sector, ESG Framework and Manual, Principles of Materiality Assessment Tool (MAT), and Best Practices in Addressing ESG.
According to Lenny Hidayat, the ESG Framework and Manual were designed to provide a comprehensive structure for ESG implementation across infrastructure projects, particularly those employing the Public-Private Partnership (PPP) scheme. Meanwhile, the Materiality Assessment Tool serves as an innovative instrument enabling stakeholders to identify, manage, and leverage ESG risks into strategic opportunities.
The training, attended by stakeholders from government institutions, state-owned enterprises (SOEs), and development partners, offered an in-depth discussion of these modules alongside practical case studies. Participants in Batch 4 and Batch 5 included representatives from strategic projects such as TPPAS Manggar, Singkawang Airport, and SPAM Karo, with additional insights provided by international partners like KIAT and ARUP.
Lenny emphasized that strong collaboration among stakeholders, including the Ministry of Finance and international partners, ensures that ESG implementation in the infrastructure sector evolves from policy to impactful practice.
