LAUNCHING OF FORWARD FASTER INITIATIVE IN INDONESIA
The Indonesia Global Compact Network (IGCN) launched the UN Global Compact Forward Faster Initiative in Indonesia on June 13, 2024, during the organization’s Annual General Meeting at the Atma Jaya Catholic University of Indonesia (UNIKA Atma Jaya) campus. Forward Faster is an initiative aimed at accelerating sustainable practices among the business sector in Indonesia towards meeting global environmental and social sustainable development targets.
Forward Faster marks a significant step towards accelerating sustainable business practices in the country, with the initiative providing a framework and resources for companies to align their operations with the SDGs, contributing to a more sustainable and equitable future for all. This also aims to commit and take action on ambitious SDG-aligned targets and engage in responsible policy advocacy to create an SDG-aligned enabling environment.
The launch was led by Elim Sritaba, a Board Member of IGCN.
Elim Sritaba explains the 5 areas of Forward Faster action include Gender Equality, Climate Action, Living Wage, Finance & Investment, and Water Resilience. Each has specific targets such as equal representation in management, net-zero emissions goals, ensuring a living wage for all employees, and addressing social impacts of climate change mitigation. These areas outline key focus points for companies to drive positive change and sustainability across various aspects of their operations and impact.
IGCN appreciates thirteen companies already committed to Forward Faster Action:
- HPP Law Firm
- PT Alpha Indo Nusa
- PT APP Purinusa Ekapersada
- Asia Pacific Rayon
- PT Austindo Nusantara Jaya Tbk
- PT Bangun Putra Perkasa
- Bee Well
- PT Domas Agrointi Prima
- ETFLIN
- PT Indah Kiat Pulp & Paper Tbk.
- PT Pertamina (Persero)
- PT Santi Lisana Cendekia (TISANDE)
- PT TBS Energi Utama Tbk.
There will also be 4 companies that will sign and commit to Forward Faster action:
- PT Bank Rakyat Indonesia (Persero) Tbk
- PT Perkebunan Nusantara IV
- PT Prasadha Pamunah Limbah Industri (PPLI)
- PT Paragon Technology and Innovation.
Business leaders attending the Annual General Meeting took to the stage to sign a joint commitment, reaffirming their dedication to advancing sustainable business practices. This symbolic gesture highlighted the collective efforts of the Indonesian business community to achieve the SDGs.
“We already signed the first step Forward Faster action by creating a baseline with measurable targets to clear the reporting and measurement system,” by Alvin Sunanda, Director of PT TBS Energi Utama Tbk.
Anastasia Indriyani M. Pertiwi, Head Division of Management Sustainability of PT Perkebunan Nusantara IV mentioned “We are continue the downstream and achieve the sustainability through palm oil commodities, PT Perkebunan Nusantara IV committed and signed the Forward Faster initiative.”
IGCN Executive Director Josephine Satyono emphasized that the Forward Faster Initiative is a significant effort for all stakeholders to walk together in delivering maximum impacts for sustainability. Prof. Dr. Dr. Yuda Turana, Sp. S (K), the Rector of Atma Jaya Catholic University (UNIKA Atma Jaya) as the event host, views the Forward Faster initiative as a means to foster a global network by providing a platform for its members to create connections and link partners from various business sectors.
