Bank DBS Indonesia supports sustainable ‘Nusantara Green Belt Movement’ to promote green development in IKN | Bahasa
Indonesia.18 Jan 2024.0 min read
Indonesia, 18 Jan 2024 - As a purpose-driven bank, Bank DBS Indonesia is committed to supporting the sustainable development of the national capital city (IKN) Nusantara. The commitment was realised through Bank DBS Indonesia's participation in the 'Green Movement: Green Belt of the Archipelago', a joint action to plant 10,000 trees in East Kalimantan on January 17-18, 2024. Present at the launch of the movement were President Joko Widodo, Chairman of the IKN Authority Bambang Susantono, and Head of Group Strategic Marketing Communication at Bank DBS Indonesia Mona Monika.
Statistics Indonesia (BPS) data shows that a total of 13,758.8 hectares of forest area were deforested in East and North Kalimantan in the period 2021-2022. This is a challenge for the government's sustainable development agenda. Therefore, IKN is designed as a smart forest city with 70 percent of its area to be allocated as vegetation cover to preserve the environment.
To fulfill the vision, the IKN Nusantara Authority developed a master plan for IKN development that recommends, among other things, improving and restoring land cover in the IKN landscape. Efforts include a forest and land rehabilitation (RHL) approach by combining various native species, rare and protected endemic species, fast-growing plants, and other multipurpose tree species. In 2024, RHL activities are planned for 500 hectares of area with a total of 312,500 seedlings to be planted.
'Green Movement: Green Belt of the Nusantara', organised by Katadata Indonesia, Jejakin, and Benih Baik in collaboration with the IKN Nusantara Authority, is part of the reforestation and community empowerment activity, the monitoring of carbon uptake and its environmental impacts. For this activity, Bank DBS Indonesia contributed 700 trees consisting of several plant species, such as durian (Durio zibethinus), jackfruit (Artocarpus heterophyllus), balangeran (Elaeis guineensis), and pulai (Alstonia scholaris) trees.
"The realisation of the vision of IKN Nusantara as a smart and sustainable forest city requires the contribution of many parties, including the banking sector. The tree planting activity was part of Bank DBS Indonesia's effort to support the government in promoting sustainable development. Moreover, the activity was a manifestation of Bank DBS Indonesia's third sustainability pillar, Impact Beyond Banking, in our mission to be the 'Best Bank for a Better World'. We believe that this tree planting activity can benefit the environment and communities around IKN Nusantara and support its sustainability," said Head of Group Strategic Marketing Communication of Bank DBS Indonesia Mona Monika.
Prior to this, Bank DBS Indonesia successfully planted more than 5,000 tree seedlings of different types in several provinces such as Jakarta, West Java, East Nusa Tenggara, and South Sulawesi. The tree planting activities were carried out in collaboration with government bodies such as the Ministry of Environment and Forestry (KLHK) as well as several strategic partners such as BenihBaik.com, LindungiHutan, and the Faculty of Forestry and the Biodiversity Research Center of Hasanuddin University in Makassar.
About DBS
DBS is a leading financial services group in Asia with a presence in 19 markets. Headquartered and listed in Singapore, DBS is in the three key Asian axes of growth: Greater China, Southeast Asia and South Asia. The bank's "AA-" and "Aa1" credit ratings are among the highest in the world.
Recognised for its global leadership, DBS has been named “World’s Best Bank” by Global Finance, “World’s Best Bank” by Euromoney and “Global Bank of the Year” by The Banker. The bank is at the forefront of leveraging digital technology to shape the future of banking, having been named “World’s Best Digital Bank” by Euromoney and the world’s “Most Innovative in Digital Banking” by The Banker. In addition, DBS has been accorded the “Safest Bank in Asia” award by Global Finance for 15 consecutive years from 2009 to 2023.
DBS provides a full range of services in consumer, SME and corporate banking. As a bank born and bred in Asia, DBS understands the intricacies of doing business in the region’s most dynamic markets.
DBS is committed to building lasting relationships with customers, as it banks the Asian way. Through the DBS Foundation, the bank creates impact beyond banking by supporting businesses for impact: enterprises with a double bottom-line of profit and social and/or environmental impact. DBS Foundation also gives back to society in various ways, including equipping underserved communities with future-ready skills and helping them to build food resilience.
With its extensive network of operations in Asia and emphasis on engaging and empowering its staff, DBS presents exciting career opportunities. For more information, please visit www.dbs.com.
Statistics Indonesia (BPS) data shows that a total of 13,758.8 hectares of forest area were deforested in East and North Kalimantan in the period 2021-2022. This is a challenge for the government's sustainable development agenda. Therefore, IKN is designed as a smart forest city with 70 percent of its area to be allocated as vegetation cover to preserve the environment.
To fulfill the vision, the IKN Nusantara Authority developed a master plan for IKN development that recommends, among other things, improving and restoring land cover in the IKN landscape. Efforts include a forest and land rehabilitation (RHL) approach by combining various native species, rare and protected endemic species, fast-growing plants, and other multipurpose tree species. In 2024, RHL activities are planned for 500 hectares of area with a total of 312,500 seedlings to be planted.
'Green Movement: Green Belt of the Nusantara', organised by Katadata Indonesia, Jejakin, and Benih Baik in collaboration with the IKN Nusantara Authority, is part of the reforestation and community empowerment activity, the monitoring of carbon uptake and its environmental impacts. For this activity, Bank DBS Indonesia contributed 700 trees consisting of several plant species, such as durian (Durio zibethinus), jackfruit (Artocarpus heterophyllus), balangeran (Elaeis guineensis), and pulai (Alstonia scholaris) trees.
"The realisation of the vision of IKN Nusantara as a smart and sustainable forest city requires the contribution of many parties, including the banking sector. The tree planting activity was part of Bank DBS Indonesia's effort to support the government in promoting sustainable development. Moreover, the activity was a manifestation of Bank DBS Indonesia's third sustainability pillar, Impact Beyond Banking, in our mission to be the 'Best Bank for a Better World'. We believe that this tree planting activity can benefit the environment and communities around IKN Nusantara and support its sustainability," said Head of Group Strategic Marketing Communication of Bank DBS Indonesia Mona Monika.
Prior to this, Bank DBS Indonesia successfully planted more than 5,000 tree seedlings of different types in several provinces such as Jakarta, West Java, East Nusa Tenggara, and South Sulawesi. The tree planting activities were carried out in collaboration with government bodies such as the Ministry of Environment and Forestry (KLHK) as well as several strategic partners such as BenihBaik.com, LindungiHutan, and the Faculty of Forestry and the Biodiversity Research Center of Hasanuddin University in Makassar.
About DBS
DBS is a leading financial services group in Asia with a presence in 19 markets. Headquartered and listed in Singapore, DBS is in the three key Asian axes of growth: Greater China, Southeast Asia and South Asia. The bank's "AA-" and "Aa1" credit ratings are among the highest in the world.
Recognised for its global leadership, DBS has been named “World’s Best Bank” by Global Finance, “World’s Best Bank” by Euromoney and “Global Bank of the Year” by The Banker. The bank is at the forefront of leveraging digital technology to shape the future of banking, having been named “World’s Best Digital Bank” by Euromoney and the world’s “Most Innovative in Digital Banking” by The Banker. In addition, DBS has been accorded the “Safest Bank in Asia” award by Global Finance for 15 consecutive years from 2009 to 2023.
DBS provides a full range of services in consumer, SME and corporate banking. As a bank born and bred in Asia, DBS understands the intricacies of doing business in the region’s most dynamic markets.
DBS is committed to building lasting relationships with customers, as it banks the Asian way. Through the DBS Foundation, the bank creates impact beyond banking by supporting businesses for impact: enterprises with a double bottom-line of profit and social and/or environmental impact. DBS Foundation also gives back to society in various ways, including equipping underserved communities with future-ready skills and helping them to build food resilience.
With its extensive network of operations in Asia and emphasis on engaging and empowering its staff, DBS presents exciting career opportunities. For more information, please visit www.dbs.com.
