Indonesia POJK 51/2017
POJK No. 51/POJK.03/2017 — Sustainable Finance for Financial Institutions, Issuers and Public Cos
Topic : Sustainable finance · Level : National
Today
POJK 51/2017 applies. Successor POJK (PSPK 1/2) drafted, not issued by 25 Sep 2026; Group 1 planned from Jan 2027.
Summary
POJK 51/2017 requires OJK-supervised financial institutions, issuers and public companies to publish sustainability reports. OJK is drafting a successor rule that adopts PSPK 1 and 2, aligned with IFRS S1/S2, in four groups. Group 1 is planned from January 2027.
Who is concerned
- Turnover
- non précisé
- Employees
- non précisé
- Listed company
- cotées et non cotées
- Sectors
- Banks and insurers
- Listed issuers
- Public companies
- Triggering activities
- Supervision by OJK (financial institution)
- IDX listing or public company status
- Group 1: large banks, main-board issuers
- Extraterritorial reach
- No
non précisé
- Examples
- IDX-listed nickel smelter with Chinese partners
- Indonesian bank lending to industrial parks
- Listed coal or palm oil producer
What the law requires
- Publish an annual sustainability report with the annual report
- Adopt a sustainable finance action plan (financial institutions)
- Prepare for PSPK 1/2 (IFRS S1/S2) climate disclosures under the successor rule
Penalties
OJK administrative sanctions: written warnings, then bans on new products, cancelled approvals or registrations (draft rule). No fine amount found.
What this changes for a supplier in China
Indirect today. Chinese investors and suppliers in Indonesian nickel and industrial parks face ESG data requests from listed partners and lenders.
Expected evidence
- Site energy and GHG data
- Environmental permits (AMDAL)
- Labour and safety records
Tiers : Tier 1