Investasi BerkelanjutanPeran INA (Indonesia Investment Authority) dalam Optimalisasi Kerangka ESG (Environment, Social and Governance)
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Oct 11, 2024
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Abstract
Infrastructure development stands as a main focus for the government in achieving Indonesia Emas 2045. Referring to the expansive State Budget, it urges the government to optimize the investment funding of the Sovereign Wealth Fund (SWF), known as the Indonesia Investment Authority (INA). INA is aimed at aligning infrastructure development with the enhancement of environmental, social, and governance (ESG) standards. The research utilized a literature review to examine the development of ESG integration within INA and its implementation in different countries. The findings indicate that INA has begun incorporating ESG principles in its investment activities, as highlighted in the 2022 INA Annual Report. Nevertheless, there is a need for INA to further refine its ESG practices, drawing inspiration from the regulatory frameworks and corporate collaborations seen in China and Norway. To this end, INA is anticipated to advance its ESG efforts by focusing on environmental, social, and governance metrics
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This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.
LPPM Politeknik Piksi Ganesha Indonesia
How to Cite
Sukarsa, G., & Akhmadi, M. H. (2024). Investasi BerkelanjutanPeran INA (Indonesia Investment Authority) dalam Optimalisasi Kerangka ESG (Environment, Social and Governance). Jurnal E-Bis, 8(2), 493-506. https://doi.org/10.37339/e-bis.v8i2.1848
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Astuti, E., & Ihsanin, A. (2022). Kebijakan ESG di Kemenkeu: Apakah hanya Greenwashing Belaka?
Chen, G., Wei, B., & Dai, L. (2022). Can ESG-Responsible Investing Attract Sovereign Wealth Funds’ Investments? Evidence From Chinese Listed Firms. Frontiers in Environmental Science, 10. https://doi.org/10.3389/fenvs.2022.935466
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Kementerian Keuangan. (2022). Kerangka Kerja Lingkungan, Sosial, dan Tata Kelola (LST) pada Dukungan dan Fasilitas Pemerintah untuk Pembiayaan Infrastruktur.
Kementerian Perencanaan Pembangunan Nasional. (2023). Rancangan Akhir Rencana Pembangunan Jangka Panjang Nasional 2025-2045. https://drive.google.com/file/d/1JSZp1Oz37KWktxi-hi0okVXxEsKuaU-I/view
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Marliani, I. (2024). Literature Reviews on the Challenges and Opportunities of ESG Integration in Investment Decisions. International Journal of Business and Quality Research, 2(2), 185–197. https://e-journal.citakonsultindo.or.id/index.php/IJBQR
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Pusat Kebijakan APBN. (2020). Dinamika Utang Pemerintah Indonesia. Badan Kebijakan Fiskal, Kementerian Keuangan. https://fiskal.kemenkeu.go.id/kajian/2020/09/29/135825383169644-dinamika-utang-pemerintah-indonesia
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Redaction Team. (2009). Profil IFSWF. https://ifswf.org/
Redaction Team. (2010). About the Fund. https://www.nbim.no/en/the-fund/investments/#/
Redaction Team. (2013). The Russian Direct Investment Fund. https://sputnikvaccine.com/about-us/the-russian-direct-investment-fund/
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Sibero, R. L. T. (2024). Pembentukan Sovereign Wealth Fund Melalui Lembaga Manajemen Investasi dalam rangka Optimalisasi Investasi Asing. Jurnal Darma Agung, 32(3), 167–176.
Sugarda, P. P., Gunawan, F. I., & Dini, A. A. (2024). Sovereign Wealth Fund Development in Indonesia: Lessons Learned from Norway and Singapore. Yustisia Jurnal Hukum, 13(1), 89–116. https://doi.org/10.20961/yustisia
Supriyanto, E. E. (2021). Strategi Penerapan Kebijakan Sovereign Wealth Funds (SWFs) di Indonesia: Studi Literatur dan Studi Komparatif Oman. Jurnal Inovasi Ilmu Sosial Dan Politik (JISoP), 3(1), 10. https://doi.org/10.33474/jisop.v3i1.6959
Susilo, A. B., & efendi, I. (2020). Omnibus Law Foreign Invesment in Indonesia. www.apic.unissula.ac.id
Tim Redaksi INA. (2021). Indonesia Investment Authority Laporan Tahunan 2021. https://www.ina.go.id/annual-report-id/laporan-tahunan-2021-id
Tim Redaksi INA. (2022a). Indonesia Investment Authority Laporan Tahunan 2022. https://www.ina.go.id/annual-report-id/laporan-tahunan-2022-id
Tim Redaksi INA. (2022b). Responsible Investment. https://www.ina.go.id/responsible-investment
Wahdan Arum Inawati, & Rahmawati. (2023). Dampak Environmental, Social, Dan Governance (ESG) Terhadap Kinerja Keuangan. Jurnal Akademi Akuntansi, 6(2), 225–241. https://doi.org/10.22219/jaa.v6i2.26674
Zahroh, B. M., & Hersugondo, H. (2021). The Effect of ESG Performance on the Financial Performance of Manufacturing Companies Listed in Indonesia. AFEBI Management and Business Review, 6(2), 129. https://doi.org/https://doi.org/10.47312/ambr.v6i2.475