General Information

Number
: POJK Nomor 51/POJK.03/2017 tentang Penerapan Keuangan Berkelanjutan bagi Lembaga Jasa Keuangan, Emiten, dan Perusahaan Publik.
Year
: 2017
Regulation Type
: OJK Regulations
Initiator
: Otoritas Jasa Keuangan
Assigned Date
: 18 July 2017
Set Date
: 16 February 2024
Effective Date
: 27 July 2017

Short Description

It is an overarching rule that regulates the implementation of Sustainable Finance in Indonesia.

Content

Financial Services Authority Regulation Number 51/POJK.03/2017 on the Implementation of Sustainable Finance for Financial Services Institutions, Issuers, and Public Companies regulates:  

1. Obligation to implement Sustainable Finance Principles for Financial Services Institutions, Issuers, and Public Companies.

2. Obligation to submit a Sustainable Finance Action Plan for Financial Services Institutions.

3. Obligation to submit a Sustainability Report for Financial Services Institutions, Issuers, and Public Companies.

4. Obligation to implement Social and Environmental Responsibility (TJSL) for Financial Services Institutions, Issuers, and Public Companies.

5. Provision of incentives.

6. Optimization of TJSL funds to support the Sustainable Finance Program.

7. Sanctions for Financial Institutions, Issuers, and Public Companies.

8. Timeline for the regulation implementation.

 

The regulation can be downloaded from the following link:

1. POJK 51 - Sustainable Finance.pdf

2. Description POJK 51 - Sustainable Finance.pdf

3. Annex I POJK 51 - Sustainable Finance.pdf

4. Annex II POJK 51 - Sustainable Finance.pdf