Synergy of PT SMI and World Bank: Support Indonesia's Development
As part of PT Sarana Multi Infrastruktur (Persero) (“the Company”) commitment to good corporate governance, the Company is dedicated to managing its business activities in an environmental and social responsible manner, avoiding or minimizing negative environmental and social impacts, and enhancing positive impacts from the business activities in which it is involved. Therefore, in conducting its financing and investment activities, project development, and consultancy services for infrastructure projects, the Company seeks to implement environmental and social protection measures.
As part of this environmental and social protection effort, the Company established the Environmental, Social, and Technical Evaluation Division (DELST) in 2016. The formation of DELST marked the initial implementation of the ten Environmental and Social Safeguard (ESS) standards across all operational lines. This is carried out through feasibility assessments of financing plans, via Environmental and Social Due Diligence (ESDD) studies, and the issuance of Corrective Action Plan (CAP) recommendations to improve the environmental and social management practices of each borrower.
DELST has systematically conducted monitoring through monthly CAP compliance reports and periodic evaluations and assessments for each borrower regarding their environmental and social management compliance and performance quality. DELST also continues to coordinate with Relationship Managers (RMs) to encourage CAP fulfillment by borrowers. To support this, DELST periodically provides technical assistance and/or capacity building for borrowers.
The implementation of capacity building represents a form of support aimed at decision-makers and personnel responsible for environmental and social protection aspects. This capacity building activity also serves as a platform for sharing knowledge and experiences among project implementers, including recommendations for future improvements.
The objectives of the Capacity Building are to:
List of Speakers
Opening Speech
Gan Gan Dirgantara (Kadiv DELST)
Introduction ESS PT SMI
Josua Partogi (Team Leader DELST)
Closing Statement
Josua Partogi (Team Leader DELST)
Capacity Building and Technical Assistance for the Fulfillment of the Corrective Action Plan ESS 8 Element – Cultural Heritage
Speakers 1
Dany Yuda Saputra (Consultant – Senior Social Safeguard Specialist)
Speakers 2
Mokhamad Faesal Rakhman Khakim (ESS Specialist)
Synergy of PT SMI and World Bank: Support Indonesia's Development
Quarterly Monitoring Report of the Environmental and Social Aspects of the 2020 PEN Program
PT SMI supports the implementation of Environmental, Social, and Governance (ESG) in Financial Services Institutions