Good Practice

IFC and OJK: Raising the Bar on Environmental, Social, and Corporate Governance Standards

February 25, 2021

IFC focuses on helping clients understand and manage the environmental, social, and corporate governance (ESG) risks to do business sustainably. In Indonesia, IFC has assisted the Financial Services Authority (OJK) to embark on a far-reaching, multi-year reform to strengthen the country’s corporate governance framework and investment climate. This publication showcases how IFC has become part of OJK’s journey in championing pivotal regulatory reforms in corporate governance and sustainable finance in Indonesia.