UNDERSTANDING THE ENERGY TRANSITION INVESTMENT AND SUSTAINABLE BUSINESS MODEL FOR THE BANK

• Main Author: Fahmi YZ, Irsyadul
• Format: Theses
• Language: Indonesia
• Online Access: https://digilib.itb.ac.id/gdl/view/63573
• Institution: Institut Teknologi Bandung

The Paris Agreement and Sustainable Development Goals were formed as a global response to climate change and to ensure that everyone has access to affordable and clean energy. Indonesia, the world's fourth most populous country, has high energy consumption, and its location on the ocean conveyor belt exposes it to natural disasters exacerbated by climate change. The author pays attention to several business environment factors in this research, including the Indonesia government's commitment to energy transition, energy mix, energy resource potential, and energy investment regimes, while focusing on ‘the bank’ as the company research subject. Based on the interview, the bank current intention is to comply with the Financial Service Authority Regulation No. 51/POJK.03/2017 on the implementation of Sustainable Finance by eliminating negative environmental and social impacts that can arise from business and operational activities. However, the author also used Better Business Scan to evaluate the bank intention (motive) vs strategy realization, and then gave recommendations on the transition route and required leadership style toward sustainable business model.