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Jakarta, 23 April 2024 – BPR Sentral Mandiri (BSM), a rural bank located in Bekasi Indonesia, is proud to announce the launch of its ESG (Environmental, Social, and Governance) awareness initiative titled “Sustainability Efforts Begin with Me!” aimed at fostering a culture of sustainability among retail and MSME markets across Indonesian provinces. Partnering with CER Consultancy Pte Ltd, a Singapore-based company specializing in sustainability solutions, BSM will host a series of educational webinars focused on raising awareness about ESG principles and practices. These one-hour sessions will equip participants with essential knowledge to integrate sustainability into their business operations effectively. PT. Verde Kinetika Indonesia (VKI) will be the technology partner involved in the initiative. Acknowledging the importance of recognition and incentivization, BSM extends special thanks to Tuv Sud Singapore for offering Certificates of Participation to individuals and corporates upon completion of the webinar session and assessments. “Tuv Sud PSB is excited to be part of CER’s initiative to create ESG awareness in Indonesia.”  said Brandon Lee, Academy Manager at Tuv Sud Singapore.  “At BSM, we believe that ESG awareness and efforts must be inclusive and pervasive,” said Trie Wahyuningsih, CEO at BSM. “Through this initiative, we are committed to empowering our retail and MSME customers to embrace sustainable practices, as we recognize their pivotal role in driving positive environmental and social change.” Furthermore, BSM is excited to introduce its “Sustainable Micro Financing Program,” aimed at incentivizing micro loan customers who undergo ESG awareness training. This program offers enhanced terms, including lower interest rates and longer financing tenures, as a testament to BSM’s dedication to promoting sustainable finance. Raymond Cheung, Executive Director and Lead Trainer at CER Consultancy, highlighted the initiative’s dual objectives: “(1) Awareness – To educate and train MSMEs about ESG principles. (2) Readiness – To provide consultancy for those ready to achieve ESG standards, thus enabling them to qualify for micro green loans offered by BSM.” By doing so, ESG initiatives can genuinely benefit MSMEs, aligning with the GHG emission Scope 1 and 2 requirements in accordance with ISO 14064 requirements and contributing to the financial inclusion objectives of the Sustainability Development Goals (SDGs). For more information about BSM’s “Sustainability Efforts Begin with Me!” initiative, please visit www.cer.green or contact Raymond Cheung at raymond.cheung@cer.green. About BSM BSM is a leading financial institution in Indonesia committed to fostering sustainable development and promoting financial inclusion. With a strong focus on ESG principles, BSM aims to empower individuals and businesses to thrive while contributing to a more sustainable future. Media Contact: Raymond Cheung Executive Director & Lead Trainer

In the contemporary landscape of business and finance, Environmental, Social, and Governance (ESG) practices have emerged as a critical framework for assessing a company’s impact beyond traditional financial metrics. This holistic approach recognizes that businesses not only have economic responsibilities but also social and environmental obligations. Let’s embark on a comprehensive exploration of each component of ESG and understand why it is pivotal for businesses in today’s world. Environmental Responsibility: In the realm of ESG, the ‘E’ represents environmental considerations. This encompasses a company’s efforts to minimize its ecological footprint, reduce resource consumption, and mitigate climate change. Businesses are increasingly being evaluated on their commitment to sustainability, carbon footprint, and overall environmental stewardship. Adopting environmentally conscious practices involves strategies such as transitioning to renewable energy sources, implementing waste reduction initiatives, and embracing eco-friendly technologies. Companies that prioritize environmental responsibility not only contribute to global sustainability goals but also position themselves as leaders in a world that increasingly values environmental consciousness. Social Impact: The ‘S’ in ESG stands for social factors, emphasizing a company’s responsibility towards its employees, customers, communities, and broader society. Social considerations encompass aspects such as diversity and inclusion, labor practices, human rights, and community engagement. A socially responsible company fosters a positive workplace culture, promotes diversity, and ensures fair labor practices. By actively engaging with and giving back to the communities in which they operate, businesses can build trust and establish themselves as socially responsible entities. Consumer preferences are evolving, and an increasing number of individuals are choosing to support companies that prioritize social impact. Governance Excellence: The ‘G’ in ESG focuses on governance practices within a company. This involves evaluating the internal structures, policies, and procedures that guide decision-making processes. Strong governance ensures accountability, transparency, and ethical conduct at all levels of an organization. Effective governance is reflected in the independence of a company’s board, executive compensation structures, and the strength of internal controls. Companies with robust governance practices are better equipped to navigate challenges, adapt to changing market conditions, and uphold ethical standards. This, in turn, enhances trust among stakeholders, including investors, customers, and employees. Why ESG Matters: The integration of ESG practices is no longer just a moral imperative; it is a strategic necessity. Investors are increasingly considering ESG factors when making investment decisions, recognizing that companies with strong ESG performance often outperform their counterparts in the long run. Additionally, consumers are aligning their purchasing decisions with brands that share their values, and employees are seeking employers who prioritize sustainability and social responsibility. In conclusion, ESG practices represent a paradigm shift in how businesses are evaluated and how they operate in our interconnected world. Companies that embrace environmental sustainability, social responsibility, and effective governance are not just meeting compliance standards; they are positioning themselves for resilience, innovation, and long-term success. As the global community continues to address pressing challenges, ESG practices offer a roadmap for businesses to thrive responsibly, leaving a positive impact on both society and the planet.

In the contemporary landscape of business and finance, Environmental, Social, and Governance (ESG) practices have emerged as a critical framework for assessing a company’s impact beyond traditional financial metrics. This holistic approach recognizes that businesses not only have economic responsibilities but also social and environmental obligations. Let’s embark on a comprehensive exploration of each component of ESG and understand why it is pivotal for businesses in today’s world. Environmental Responsibility: In the realm of ESG, the ‘E’ represents environmental considerations. This encompasses a company’s efforts to minimize its ecological footprint, reduce resource consumption, and mitigate climate change. Businesses are increasingly being evaluated on their commitment to sustainability, carbon footprint, and overall environmental stewardship. Adopting environmentally conscious practices involves strategies such as transitioning to renewable energy sources, implementing waste reduction initiatives, and embracing eco-friendly technologies. Companies that prioritize environmental responsibility not only contribute to global sustainability goals but also position themselves as leaders in a world that increasingly values environmental consciousness. Social Impact: The ‘S’ in ESG stands for social factors, emphasizing a company’s responsibility towards its employees, customers, communities, and broader society. Social considerations encompass aspects such as diversity and inclusion, labor practices, human rights, and community engagement. A socially responsible company fosters a positive workplace culture, promotes diversity, and ensures fair labor practices. By actively engaging with and giving back to the communities in which they operate, businesses can build trust and establish themselves as socially responsible entities. Consumer preferences are evolving, and an increasing number of individuals are choosing to support companies that prioritize social impact. Governance Excellence: The ‘G’ in ESG focuses on governance practices within a company. This involves evaluating the internal structures, policies, and procedures that guide decision-making processes. Strong governance ensures accountability, transparency, and ethical conduct at all levels of an organization. Effective governance is reflected in the independence of a company’s board, executive compensation structures, and the strength of internal controls. Companies with robust governance practices are better equipped to navigate challenges, adapt to changing market conditions, and uphold ethical standards. This, in turn, enhances trust among stakeholders, including investors, customers, and employees. Why ESG Matters: The integration of ESG practices is no longer just a moral imperative; it is a strategic necessity. Investors are increasingly considering ESG factors when making investment decisions, recognizing that companies with strong ESG performance often outperform their counterparts in the long run. Additionally, consumers are aligning their purchasing decisions with brands that share their values, and employees are seeking employers who prioritize sustainability and social responsibility. In conclusion, ESG practices represent a paradigm shift in how businesses are evaluated and how they operate in our interconnected world. Companies that embrace environmental sustainability, social responsibility, and effective governance are not just meeting compliance standards; they are positioning themselves for resilience, innovation, and long-term success. As the global community continues to address pressing challenges, ESG practices offer a roadmap for businesses to thrive responsibly, leaving a positive impact on both society and the planet.

In the contemporary landscape of business and finance, Environmental, Social, and Governance (ESG) practices have emerged as a critical framework for assessing a company’s impact beyond traditional financial metrics. This holistic approach recognizes that businesses not only have economic responsibilities but also social and environmental obligations. Let’s embark on a comprehensive exploration of each component of ESG and understand why it is pivotal for businesses in today’s world. Environmental Responsibility: In the realm of ESG, the ‘E’ represents environmental considerations. This encompasses a company’s efforts to minimize its ecological footprint, reduce resource consumption, and mitigate climate change. Businesses are increasingly being evaluated on their commitment to sustainability, carbon footprint, and overall environmental stewardship. Adopting environmentally conscious practices involves strategies such as transitioning to renewable energy sources, implementing waste reduction initiatives, and embracing eco-friendly technologies. Companies that prioritize environmental responsibility not only contribute to global sustainability goals but also position themselves as leaders in a world that increasingly values environmental consciousness. Social Impact: The ‘S’ in ESG stands for social factors, emphasizing a company’s responsibility towards its employees, customers, communities, and broader society. Social considerations encompass aspects such as diversity and inclusion, labor practices, human rights, and community engagement. A socially responsible company fosters a positive workplace culture, promotes diversity, and ensures fair labor practices. By actively engaging with and giving back to the communities in which they operate, businesses can build trust and establish themselves as socially responsible entities. Consumer preferences are evolving, and an increasing number of individuals are choosing to support companies that prioritize social impact. Governance Excellence: The ‘G’ in ESG focuses on governance practices within a company. This involves evaluating the internal structures, policies, and procedures that guide decision-making processes. Strong governance ensures accountability, transparency, and ethical conduct at all levels of an organization. Effective governance is reflected in the independence of a company’s board, executive compensation structures, and the strength of internal controls. Companies with robust governance practices are better equipped to navigate challenges, adapt to changing market conditions, and uphold ethical standards. This, in turn, enhances trust among stakeholders, including investors, customers, and employees. Why ESG Matters: The integration of ESG practices is no longer just a moral imperative; it is a strategic necessity. Investors are increasingly considering ESG factors when making investment decisions, recognizing that companies with strong ESG performance often outperform their counterparts in the long run. Additionally, consumers are aligning their purchasing decisions with brands that share their values, and employees are seeking employers who prioritize sustainability and social responsibility. In conclusion, ESG practices represent a paradigm shift in how businesses are evaluated and how they operate in our interconnected world. Companies that embrace environmental sustainability, social responsibility, and effective governance are not just meeting compliance standards; they are positioning themselves for resilience, innovation, and long-term success. As the global community continues to address pressing challenges, ESG practices offer a roadmap for businesses to thrive responsibly, leaving a positive impact on both society and the planet.

In the contemporary landscape of business and finance, Environmental, Social, and Governance (ESG) practices have emerged as a critical framework for assessing a company’s impact beyond traditional financial metrics. This holistic approach recognizes that businesses not only have economic responsibilities but also social and environmental obligations. Let’s embark on a comprehensive exploration of each component of ESG and understand why it is pivotal for businesses in today’s world. Environmental Responsibility: In the realm of ESG, the ‘E’ represents environmental considerations. This encompasses a company’s efforts to minimize its ecological footprint, reduce resource consumption, and mitigate climate change. Businesses are increasingly being evaluated on their commitment to sustainability, carbon footprint, and overall environmental stewardship. Adopting environmentally conscious practices involves strategies such as transitioning to renewable energy sources, implementing waste reduction initiatives, and embracing eco-friendly technologies. Companies that prioritize environmental responsibility not only contribute to global sustainability goals but also position themselves as leaders in a world that increasingly values environmental consciousness. Social Impact: The ‘S’ in ESG stands for social factors, emphasizing a company’s responsibility towards its employees, customers, communities, and broader society. Social considerations encompass aspects such as diversity and inclusion, labor practices, human rights, and community engagement. A socially responsible company fosters a positive workplace culture, promotes diversity, and ensures fair labor practices. By actively engaging with and giving back to the communities in which they operate, businesses can build trust and establish themselves as socially responsible entities. Consumer preferences are evolving, and an increasing number of individuals are choosing to support companies that prioritize social impact. Governance Excellence: The ‘G’ in ESG focuses on governance practices within a company. This involves evaluating the internal structures, policies, and procedures that guide decision-making processes. Strong governance ensures accountability, transparency, and ethical conduct at all levels of an organization. Effective governance is reflected in the independence of a company’s board, executive compensation structures, and the strength of internal controls. Companies with robust governance practices are better equipped to navigate challenges, adapt to changing market conditions, and uphold ethical standards. This, in turn, enhances trust among stakeholders, including investors, customers, and employees. Why ESG Matters: The integration of ESG practices is no longer just a moral imperative; it is a strategic necessity. Investors are increasingly considering ESG factors when making investment decisions, recognizing that companies with strong ESG performance often outperform their counterparts in the long run. Additionally, consumers are aligning their purchasing decisions with brands that share their values, and employees are seeking employers who prioritize sustainability and social responsibility. In conclusion, ESG practices represent a paradigm shift in how businesses are evaluated and how they operate in our interconnected world. Companies that embrace environmental sustainability, social responsibility, and effective governance are not just meeting compliance standards; they are positioning themselves for resilience, innovation, and long-term success. As the global community continues to address pressing challenges, ESG practices offer a roadmap for businesses to thrive responsibly, leaving a positive impact on both society and the planet.