Sustainable Finance can only be achieved by targeting the economic drivers at the heart the current economic system. That is why Bank Mandiri standing up to bad trade and investment deals that transfer enormous powers to multinational corporations whilst undermining the fundamental clean energy, environment, and even social aspects.
Currently, we are actively involved in the pilot implementation of the Indonesian Green Taxonomy (THI) 1.0, which carried out in stages since June 2022. In the THI report, there are 3 classifications (Green, Yellow, and Red) based on specific criteria in each economic sector.