Corporate Social Responsibility

Danamon continuously develops its corporate social responsibility (CSR) programs in an effort to mitigate and minimize any adverse impacts resulting from the Bank's presence. Danamon Peduli's CSR programs are carried out by the Sustainability Finance (SF) Division that consists of three units that synergize with each other, which consist of the Community Development (Commdev) Unit, the Health Safety and Environment (HSE) Unit, and the Business Continuity Management (BCM) Unit. In planning the CSR programs, the Sustainability Finance Division is guided by the Environmental, Social and Economic Pillars, and also adapt to Sustainable Development Goals indicators

• Environmental Pillar

  In line with the Bank's commitment to Environment, Social and Good Governance (ESG) and achieving the net zero carbon emission target in 2030, the Bank continues to focus on carbon neutrality efforts, together with other Corporate Social Responsibility (CSR) activities under the Environmental Pillar.

  CSR initiatives for the net zero carbon emission commitment fall under the umbrella of the Danamon Sustainable Ecosystem campaign, wherein the Bank prioritizes the development of sustainable values both within the company and among its stakeholders. By the third quarter of 2023, 33 Danamon buildings fully utilize LED lighting. Additionally, solar panels have been installed in eight Danamon buildings and are expected to increase by the end of 2023. To accelerate the conversion of conventional vehicles to electric vehicles, Danamon built charging stations in five Danamon buildings, including the head office, Menara Bank Danamon. With the same enthusiasm, the Bank also opened electric motorcycle rentals for employees to experience environmentally friendly products. 

  This campaign was then rolled out to the Bank's partners, which includes the installation of solar panels at two educational institutions in Central Java. Furthermore, on Danamon's 67th anniversary, donations of 67 electric motorcycles to 15 Danamon partner cooperatives highlighted Danamon's dedication to grow together with its stakeholders towards a sustainable environment. At the Regional level, employees were actively involved in the Environmental Care Program (Program Peduli Lingkungan), which includes the planting of more than 37 thousand mangroves and productive trees. On top of the planting activities, Danamon subsequently built supporting educational facilities such as the Mangroves Education Center in Pangandaran to contribute to the dissemination of sustainable environmental issues. 

• Social Pillar

  Tree and mangrove planting in the Environmental Pillar overlaps with the Social Pillar which focus on disaster risk management and mitigation. Mangroves planting activities carried out in Pangandaran serve as a tsunami risk mitigation after the area was hit by one in 2016. Similarly, in the Maripro watershed in Deli Serdang, North Sumatra, which was swept away by flash floods in May 2023, trees were replanted to restore the habitat of the area and prevent the recurrence of similar disasters. 

  The Water and Sanitation Program is also an Environmental Pillar Program that intersects with the Social Pillar. It was initiated in 2021 in response to the needs of areas experiencing constraints in accessing clean water sources and proper sanitation during the pandemic. In 2023 the program expanded its objectives to include post-disaster activities in Cianjur.  

  After the destructive earthquake in Cianjur in 2022, clean water facilities and sources were severely affected. Danamon, which initially responded to the disaster by distributing logistical assistance to survivors, continued the post-disaster program with the construction of communal housing and sanitation facilities. From 2021, a total of 12 water and sanitation facilities were constructed in nine locations across Indonesia.

• Economic Pillar

  In conjunction with the CSR activities under the Environmental and Social Pillars, the Bank also carries out financial literacy and inclusion programs as a realization of the Economic Pillar. These activities aim to increase public awareness of banking products and financial services, as well as encourage inclusive banking practices across all levels of society, especially among those who do not have easy access to banking and digital services.

  "Financial Literacy for All" serves as a major theme for the activity that was conducted in various communities, including students, college students, teachers, Micro, Small, and Medium Enterprises (MSMEs), and the diffable community. Altogether, more than 2,674 people have benefited from the Financial Literacy for All activities. 

Through the application of the Company's values BISA (Berkolaborasi (Collaborate), Integritas (Integrity), Sigap Melayani (Ready to Serve), and Adaptif (Adaptive)), the collaboration between multi sectors and stakeholders is continuously enhanced. More than 11,000 people have benefited from the program and more than 1,600 employees volunteered in Danamon Peduli 2023 activities. For this, Danamon Peduli received appreciation from the Government and independent institutions through a series of awards.