Green Bond Framework serves as a foundation for mobilizing capital to finance or refinance projects that generate clear and measurable environmental benefits. Through this Framework, PT SMI aims to support Indonesia’s transition toward a low-carbon and climate-resilient economy, promote sustainable infrastructure development, and provide investors with opportunities to participate in environmentally responsible investments.

Eligible Sectors

Proceeds from the Green Bonds are exclusively allocated to eligible green projects, such as renewable energy, energy efficiency, clean transportation, pollution management, sustainable water and wastewater management, and other initiatives that contribute to environmental preservation and climate action.

Alignment with Standards

All instruments issued under Green Bond Framework comply with leading international and national standards, including:

Second Party Opinion

The Center for International Climate Research-Oslo (CICERO, a globally recognized provider of Second Party Opinions, provided a Second Party Opinion on PT SMI’s Green Bond Framework on April 27, 2018. CICERO assessed the Green Bond Framework as credible and impactful, and assigned “Medium Green” rating to PT SMI’s Green Bond.