PT SMI Through TJSL Program Helps Green West Java to Reduce Carbon Emissions

Bogor, February 10, 2025 – PT Sarana Multi Infrastruktur (“Persero”) (“PT SMI”) has again taken an active role in supporting the Government’s efforts to address the impacts of climate change. The Company, through its Social and Environmental Responsibility (TJSL) program, is planting terrestrial plants on critical land in the West Java Province. The TJSL program is collaborating with the West Java Provincial Forestry Service and the Ecovillage Network by planting trees in three areas in West Java, namely in Bandung Regency, Bogor Regency, and Cianjur Regency. The total area of ​​land used as the program location is 30 hectares and the land used is village carik land, as well as land owned and forest areas (Social Forestry) under the coordination of the West Java Forestry Service Branch (CDK).

The implementation of the program was inaugurated in a joint ceremony held at one of the planting locations, namely in Sukakarya Village, Cisarua District, Cianjur Regency. Bogor, West Java on Monday, February 10, 2025. The ceremony was attended by the President Director of PT SMI, Reynaldi Hermansjah, Head of the West Java Provincial Forestry Service, Dodit Ardian Pancapana, local officials, and farmers in the area. The ceremony included a symbolic handover of tree seedlings from PT SMI to the West Java Forestry Service and also a symbolic planting procession with all stakeholders present.

This reforestation program is one of PT SMI's efforts to compensate for carbon emissions generated from the Company's business and operations. “Today, we witness together how our real actions in helping reduce carbon emissions. If media friends remember, on the anniversary of PT SMI last year, in front of the Minister of Finance, Mrs. Sri Mulyani Indrawati, we emphasized our commitment to sustainability by declaring to become a carbon neutral company in 2028. This step is one of the agendas in the roadmap that we have prepared, to become a carbon neutral company, as well as our support to help achieve the Government's zero carbon target in 2060 or sooner. We hope that collaboration like this can be expanded together with various other parties, so that we can work together to overcome the climate crisis," said President Director of PT SMI, Reynaldi Hermansjah.

Head of the West Java Forestry Agency, Dodit Ardian Pancapana appreciated PT SMI's initiative in organizing the reforestation program. "On behalf of the West Java Provincial Government, I would like to thank PT SMI, which has designed and implemented this reforestation program. This program is in line with the main focus of the West Java Forestry Service to rehabilitate priority lands in several of our areas. Of course, this program will also help empower the surrounding community, so that welfare will also increase," said Dodit.

The surrounding community or local farmer groups are indeed involved so that they know, understand, and actively participate in reducing carbon emissions through tree planting, as well as providing economic benefits from the results of the planted trees. The planting activity of 27 thousand tree seedlings will be carried out using an agroforestry approach. The types of trees planted include damar, lime, avocado, suren, cloves, and coffee.

This critical land planting program in West Java is projected to absorb 308.28 tons of CO2/year of carbon or a projection of 1,849.68 tons of CO2 until 2028. The real calculation of carbon absorption from this reforestation program will be carried out by PT SMI by appointing an implementing consultant after the reforestation activity is carried out.

In addition to planting critical land, PT SMI is also actively contributing to the achievement of Sustainable Development Goals (SDG) through a series of TJSL programs. There are 8 sectors of distribution of PT SMI's TJSL program, namely: natural disasters, development of public infrastructure and/or facilities, places of worship, social communities in the context of poverty alleviation, education and/or training, nature conservation, health improvement, poverty alleviation. Through the support of the TJSL program, the Company believes that it has built a sustainable foundation by creating long-term value creation that creates sustainable competitive advantage, strengthens resilience, and contributes to the wider community and environment.

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About PT Sarana Multi Infrastruktur (Persero) (“PT SMI”)

PT Sarana Multi Infrastruktur (“Persero”) (“PT SMI”), established on February 26, 2009, is a State-Owned Enterprise under the coordination of the Ministry of Finance of the Republic of Indonesia, in the form of a Non-Bank Financial Institution (LKBB). PT SMI plays a role and has a mandate as an agent of sustainable development. PT SMI has 3 business pillars, namely Commercial Financing, Public Financing, and Project Development and Advisory Services.

PT SMI has various functions and unique products / features to support the acceleration of infrastructure development, which not only serves as infrastructure financing but also as an enabler through the implementation of the Government and Business Entity Cooperation (KPBU) scheme, involving various financial institutions both private and multilateral. PT SMI actively supports the implementation of Public Private Partnership (PPP) and encourages the acceleration of infrastructure development in the regions through regional loan products.

For further information, please contact:

Ramona Harimurti
Head of Corporate Secretary Division
PT Sarana Multi Infrastruktur (Persero)
Tel : +6221 8082 5288
Fax : +6221 8082 5258
Email: corsec@ptsmi.co.id
www.ptsmi.co.id