Green Finance Practices in Funding Policies of Leading Telecommunications Companies in Indonesia: Case Study of Infrastructure Subsidiaries

Improving West Kalimantan’s Tourism Information Center Using Value Co-Creation for E-Tourism Experience
July 18, 2024
Propose Marketing Strategy for Kintsugi Coffee to Increase Sales and Purchase Intention
July 20, 2024

Green Finance Practices in Funding Policies of Leading Telecommunications Companies in Indonesia: Case Study of Infrastructure Subsidiaries

ABSTRACT : This study examines the green financing policies of the Indonesian Telecommunications Company, focusing on integrating Environmental, Social, and Governance (ESG) criteria. The research assesses the eligibility of subsidiaries for green funding, evaluates the effectiveness of green financial mechanisms, and analyzes their impact on sustainability practices. It also explores how subsidiaries align with the broader ESG objectives of the company. A comprehensive framework was developed to integrate ESG aspects into the company’s funding policies. This includes steps such as submission and review of funding applications, company performance assessments, integration of financial and ESG assessments, and continuous monitoring and evaluation. Data collection involved analyzing financial records, ESG reports, and conducting stakeholder interviews. Findings indicate that adopting a structured approach to green financing, with regular ESG assessments and enhanced reporting, can significantly improve sustainability performance and align with global standards. This approach ensures financial health and supports sustainable business practices. Consequently, the Indonesian Telecommunications Company is positioned as a leader in sustainable business practices within the telecommunications industry, contributing positively to national and global sustainability efforts. The study provides valuable insights for optimizing funding strategies, enhancing ESG performance, and promoting long-term business excellence.

KEYWORDS – Green Financing, Environmental, Social, and Governance (ESG), Sustainability, Telecommunication Industry, Analytic Hierarchy Process

error: Content is protected !!