Danamon's Sustainability Policy

We acknowledge the value of shared responsibility in overcoming global environmental problems and realizing the development of a sustainable national economy – one that prioritizes harmony among social, environmental and economic aspects. In this regard, Danamon aims to contribute to this realization by reducing and minimizing negative social and environmental impacts that may potentially arise from its business and operational activities. Danamon strictly complies with applicable laws and regulations, and actively finds solutions to global environmental problems through the conduct of its business activities.

Since 2018, Danamon has been taking strategic steps by developing a sustainability vision and mission that complement its own corporate vision and mission. In 2019, PT Bank Danamon Indonesia Tbk (“Danamon”, “Bank”) officially issued a Sustainability Policy, which refers to POJK 51/POJK.03/2017 concerning Implementation of Sustainable Finance for Financial Services Institutions, Issuers and Public Companies (“POJK 51/2017”). The Danamon Sustainability Vision and Mission:


Vision for Sustainability

Danamon believes in the importance of making its products and services sustainable. In due course, we will adapt our business to match the expectations of our stakeholders for  sustainability and identify the best solutions for their needs.


Mission for Sustainability

Danamon remains committed to create value and sustainable growth for customers and employees, including in the communities where it operates.


Danamon's Sustainability Policy identifies and details sustainable governance and finance principles, priority Sustainable Development Goals (SDG), and related commitments, including duties, authorities and responsibilities of the person-in-charge of Sustainable Finance. The Sustainability Policy serves as a reference when implementing sustainable finance principles in banking operations, and preparing the Sustainable Finance Action Plan (Rencana Aksi Keuangan Berkelanjutan - RAKB) and sustainability reports. The Sustainability Policy underwent a thorough review in in 2021 and has been adjusted to adhere and follow current Bank strategies.


Danamon's sustainable finance principles listed in the Sustainability Policy comply with POJK 51/2017. The implementation of sustainable finance principles is carried out in stages in accordance with the Bank’s conditions and its commitment to maximize the positive benefits while minimizing the negative impacts of its business. These principles refer to the following:


  1. Principle of Responsible Investment

    Danamon’s investment approach takes into consideration economic, social, environmental and governance factors.


  2. Principles of Sustainable Business Strategies and Practices

    Danamon values its contribution to society through its policies and business practices by minimizing negative impacts and integrating economic, social, environmental and governance aspects in each sector and every business line’s strategy.


  3. Principle of Social and Environmental Risk Management

    Danamon integrates social responsibility, as well as environmental protection and management, in risk management to avoid, prevent and minimize negative impacts arising from fundraising and channeling activities.


  4. Governance Principles

    Danamon implements management and business operations along the principles of transparency, accountability, responsibility, independence, equality and fairness in all aspects of social responsibility, as well as environmental protection and management.


  5. Principle of Informative Communication

    Danamon endeavors to use the most ideal communication model concerning organizational strategy, governance, performance and business prospects through effective and accessible media for all stakeholders.


  6. Principle of Inclusion

    Danamon upholds equitable access to its banking products and/or services for the benefit of the general public, especially among those who do not yet have access to banking products.


  7. Principle of Priority Sector Development

    Danamon supports priority sectors in their aim of achieving sustainable development goals, including concerted efforts to mitigate and adapt to climate change.


  8. Principles of Coordination and Collaboration

Danamon actively engages in participatory activities or collaborations with stakeholders who have work programs related to the implementation of sustainable development for accelerating the improvement of economic, social welfare and environmental quality for all Indonesians.


In reference to the Sustainability Policy and the 8 (eight) Principles of Sustainable Finance, Danamon continues to implement 5 (five) priority programs identified in the Sustainable Finance Action Plan (RAKB). Consistently reviewed on an annual basis, RAKB serves as a reference for the implementation of sustainable finance and efforts to support sustainable development in Indonesia, specifically (1) Governance and Processes, (2) Awareness and Internal Capacity Development, (3) Sustainable Financing (4) Responsible Work Area Management and (5) Corporate Social Responsibility.