Exchange in Focus: Indonesia exchange deepens commitment to ESG practices
18 April 2019
About Indonesia Stock ExchangeIndonesia Stock Exchange is an exchange for equity, bonds, and derivative instruments. As of 31 March 2019, there are 626 companies which has been listed (stocks) amounting to USD$516.45 Million of market cap. IDX has listed its first green bonds in 2018. Currently IDX has SRI-KEHATI indices, as one of ESG indices. This index uses the principles of sustainability, finance, and good governance, as well as environmental concerns as a benchmark. There are several ESG related ETFs listed at IDX
About the SSE
The SSE initiative is a UN Partnership Programme organised by UNCTAD, the UN Global Compact, UNEP FI and the PRI. The SSE’s mission is to provide a global platform for exploring how exchanges, in collaboration with investors, companies (issuers), regulators, policymakers and relevant international organizations, can enhance performance on ESG (environmental, social and corporate governance) issues and encourage sustainable investment, including the financing of the UN Sustainable Development Goals. The SSE seeks to achieve this mission through an integrated programme of conducting evidence-based policy analysis, facilitating a network and forum for multi-stakeholder consensus-building, and providing technical assistance and advisory services.