Sustainable Finance Performance
Description Unit 2022 2021 2020
Number of products meeting the sustainable financing categories
1. Funding Number of
Products - - -
2. Lending *) Number of
Products 2 3 1
Total earning assets for sustainable business activities
3. Total SF Loans/Financing Rp billion 183,225 159,486 127,626
4. Total Non-SF Loans/Non-Financing Rp billion 536,906 484,856 446,964
Total Loan & Corporate Bond Portfolio Rp billion 720,131 644,342 574,590 Percentage of total sustainable loans/
financing to total Bank loans/financing (%) % 25.4 24.8 22.2
Note:
The sustainable financing portfolio as of December 31, 2020 and 2021 was restated as adjustment to the results of the identification of the sustainable financing portfolio as of December 31, 2022. Earning assets consist of financing on Loan and Corporate Bonds (Parent Company)
*) The product used for channeling SF funds is integrated with existing loan products at BCA.
Outstanding Sustainable Loan Portfolio based on Business Segment [FS6]
Description 2022 2021 2020
Rp billion % Rp billion % Rp billion %
Non-MSME Sustainable Loan
Portfolio 80,909 44.2 71,280 44.7 50,452 39.5
- Corporate 78,903 43.1 70,052 43.9 49,431 38.7
- Commercial 1,354 0.7 1,208 0.8 1,020 0.8
- Consumer 274 0.2 20 0.0 0 0
- Green bonds 379 0.2 0 0.0 0 0
MSME Sustainable Loan Portfolio 102,316 55.8 88,206 55.3 77,174 60.5
Total Sustainable Financing
Portfolio 183,225 100.0 159,486 100.0 127,626 100.0
Note:
To be consistent with the identification outcomes of the sustainable financing portfolio as of December 31, 2022, the sustainable financing portfolio as of December 31, 2020 and 2021 has been restated. Financing on corporate bonds and credit bonds makes up earning assets (Parent Company). Offerings used to channel sustainable financing funds are connected with BCA's existing credit products.
The sustainable loan portfolio in 2022 amounted to Rp183.2 trillion, or a 14.9% increase from Rp159.5 trillion in 2021. The sustainable loan portfolio consists of 44.2% non-MSMEs. The total sustainable financing portfolio was equivalent to 25.4% of total loans in 2022. This percentage was higher than the growth target for sustainable financing in 2022 at 7%. [FS10]
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A description regarding the overall loan portfolio based on the business sector and segment (corporate, commercial & SME, and consumer) can be found in the 2022 Annual Report. [FN-CB410A.1, FN-CB-000.B]
Non-MSME Sustainable Loan Portfolio based on Business Sector (Rp billion) [FS6, FS8]
Sustainable Business Sector 2022 2021 2020
Renewable energy 2,094 2,334 4,643
Energy Efficiency - 182 441
Management of Living Natural Resources and Sustainable Land Use 66,146 57,910 31,761
Eco-friendly Transportation 6,948 5,987 8,589
Sustainable Water and Wastewater Management 818 885 1,014
Products That Can Reduce Use of Resources and Generate Less
Pollution (Eco-efficient) 4,448 3,901 3,925
Environmentally Friendly Buildings that Meet National, Regional, or
International Standards or Certifications 77 81 77
Sustainable Business and/or other Activities 379 - -
Total 80,909 71,280 50,452
Note:
The non-MSME Sustainable Financing portfolio for December 31, 2020, and 2021 has been restated to conform with the results of the identification of the Sustainable Business financing portfolio as of December 31, 2022.
Renewable Energy Financing
BCA is actively financing the renewable energy sector, including solar, water, mini-hydro, biogas, and biomass power projects. The Bank also supports the government's efforts in promoting the use of environmentally friendly alternative energy to achieve the target of New and Renewable Energy (NRE) use of 23% by 2025.
Therefore, BCA is participating in financing the Solar Power Plant (PLTS) project and setting a target of installing photovoltaic (PV) with a capacity of at least 200 MWp. The projects are located on Java Island and Riau Islands (Batam).
BCA always strives to support the development of renewable energy and sustainable infrastructure.
PT Bank Central Asia Tbk
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Social Value Creation Sustainability Report in Brief Sustainability Culture Impact
Sustainable Financing for Bioresource Sector
BCA has a substantial number of debtors engaged in bio-resource and sustainable land management. These debtors have dominated the non-MSME sustainable business sector. In 2022, total financing to this sector reached Rp66.2 trillion. Debtors in this category, including an oil palm plantation business, are Roundtable on Sustainable Palm Oil (RSPO) and Indonesian Sustainable Palm Oil (ISPO) certified. BCA also has the policy to monitor and manage the loan portfolio in the palm oil sector, based on the Board of Directors Decree No. 268/
SK/DIR/2021 concerning Palm Oil Plantation and Industry Financing Policies. The policy aims to prevent lending to debtors who commit deforestation and human rights violations. In addition to oil palm plantations, BCA requires debtors in the timber plantation sector to have sustainable business certificates.
Financing for Certified Palm Oil Industry Companies [FS10, FS11]
Status Sertifikasi ISPO & RSPO
2022 2021 2020
Number of
Companies Outstanding
(Rp billion) Number of
Companies Outstanding
(Rp billion) Number of
Companies Outstanding (Rp billion)
ISPO Certified 30 11,846 25 9,659 28 7,749
RSPO Certified 16 19,848 15 19,624 12 8,208
ISPO and RSPO Certified 13 7,728 13 6,088 8 5,810
TOTAL 59 39,422 53 35,371 48 21,767
Note:
All certified companies were corporate debtors amounted to 59 companies or 65.6% of the total corporate debtors with 68.1% of total outstanding were engaged in the Oil Palm Plantation and Palm Oil Industry sectors.
1 UTZ Certified coffee/cocoa
1
company3 ISPO and/or RSPO Certified Palm Oil Companies
59
companies2 Certified Forestry/
Wood Processing Company
FSC
3
companiesInfrastructure Financing [203-1, 203-2]
BCA contributes to providing an indirect economic impact on society, one of which is through infrastructure financing in Indonesia. BCA finances for commercial projects of toll roads, electricity, railroads, telecommunication towers, airports, ports, as well as drinking water and sanitation. In 2022, the total lending for infrastructure, including non-cash loans, reached Rp56.2 trillion or increased 2.4% from 2021.
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Infrastructure Financing (Rp billion) [FS6]
Description 2022 2021 2020
Toll roads 1,248 889 3,780
Electricity 2,019 1,945 1,690
Railroads 2,667 2,318 1,955
Executive Airports and Ports 2,759 2,760 2,855
Water and Sanitation 818 892 1,014
Total 9,510 8,804 11,295
Note:
Data as of December 31, 2020 and 2021 restated to conform with the results of portfolio identification as of December 31, 2022
Infrastructure Financing (including non-cash loans)
Sector 2022 2021 2020
Rp billion % Rp billion % Rp billion %
Toll roads 28,955 51.5 24,171 44.0 17,293 38.0
Electricity 10,510 18.7 10,170 18.5 14,498 31.9
Railroads 3,365 6.0 4,067 7.4 3,353 7.4
Telecommunications Tower 9,553 17.0 12,591 22.9 6,408 14.1
Airports and Ports 2,890 5.1 2,897 5.3 2,904 6.4
Drinking Water and Sanitation 906 1.6 986 1.8 1,014 2.2
Infrastructure Financing Portfolio (including non-cash loans)
56,179 100.0 54,882 100.0 45,470 100.0
ESG-Based Electricity Sector Financing Portfolio by Region (Rp billion) [FS6]
Description 2022 2021 2020
Sumatera 1,085 1,141 1,103
Java 494 546 353
Nusa Tenggara 45 73 49
Sulawesi 53 81 54
Kalimantan 92 104 131
Total 1,769 1,945 1,690
Note:
total financing for 2022 excluding bonds of Rp250 billion