Bali, 23 November 2023 - As part of Bakti BCA’s CSR program, PT Bank Central Asia Tbk. (BCA) participated in a green action by planting 38,500 trees across six villages in Denbukit, Buleleng, Bali. This initiative underscores BCA’s commitment to actively contribute to environmental conservation efforts.
The tree-planting initiative was part of BCA Talk’s financial education program titled “Investing with Impact: Empowering Youth for Green Indonesia.” The program was held on Thursday (23/11) in Bedugul, Bali, and was attended by students from Udayana University Bali, customers, and BCA Young Community (BYC) members.
The tree-planting ceremony and BCA Talk were attended by Director of Islamic Financing at the Directorate General of Budget Financing and Risk Management (DJPPR) of the Indonesian Ministry of Finance Dwi Irianti, representative from the Bali Provincial Environment and Forestry Office I Gusti Ketut Wiguna, BCA EVP of Corporate Communication & Social Responsibility Hera F. Haryn, and BCA EVP of Wealth Management Ugahary Yovvy Chandra, and other officials.
Bakti BCA has consistently initiated tree-planting activities since 2009. From 2009 to 2023, the company has planted around 78,000 trees in various regions of Indonesia. In November 2023, in collaboration with several partners, Bakti BCA planted 38,500 Multi-Purpose Tree Species (MPTS) seedlings. These MPTS varieties, such as durian, avocado, coffee, salam, cempaka, and the Balinese flora majegau, were carefully selected for their suitability to the natural conditions of the Denbukit rural forest area. Beyond the ecological impact, the trees planted by BCA are anticipated to yield economic benefits for the communities surrounding the tree-planting sites.
“We consistently make various efforts and take concrete actions to preserve the environment. It's not just about planting; we also ensure that the trees planted align with the characteristics of the region. Apart from delivering ecological impact, the planted trees are also expected to provide economic benefits to the communities around the tree planting sites,” explained Hera.
Young Investors’ Interest in Green Investments Phenomenon
It is crucial to plan finances to secure the future, and investing stands out as a strategic choice, especially when initiated at a young age. According to data from the Indonesian Central Securities Depository (KSEI) as of August 2023, there were 11.5 million individual investors in the capital market. More than half of them, or 57%, are under 30 years old. The report suggests that millennials and Gen Z investors are expected to maintain their dominance, aligning with the growing awareness of the importance of financial planning.
At the same time, the growing awareness of environmental issues among the younger generation motivates them to look for investments that endorse sustainable green projects.
In early November 2023, the government introduced the Green Sukuk Retail Government Islamic Securities (SBSN), marking an addition to the Sukuk Savings Series 011 (ST011). The Green Sukuk serves as a financial tool aimed at backing environmentally friendly projects that align with climate change mitigation and adaptation initiatives as well as the Sustainable Development Goals (SDGs). BCA, a prominent player in the national banking sector, is among the distribution partners for this initiative. It’s noteworthy that Indonesia holds a significant position globally as a benchmark for countries contemplating the issuance of green sukuk. This distinction arises from Indonesia being the pioneering nation worldwide to launch green sukuk.
Since its initial issuance until Monday (21/11), the amount of ST011 reservations at BCA has reached Rp3 trillion, with more than 69% of the reservations for the 2-year tenor. This aligns with the trend observed in the previous issuance of SBSN, where short tenors tended to be more popular among investors. Reservations for ST011 can be easily made through the Welma feature in the myBCA application and the KlikBCA Individu website. Other than investment transactions, users can also conduct various banking transactions within the myBCA application.
“BCA’s collaboration with ST011 as a distribution partner is a strategic initiative aimed at contributing to national development. This partnership reflects BCA’s dedication to upholding environmental, social, and governance (ESG) values,” emphasized Yovvy.
Picture Information 1:
Committed to Preserving the Environment, BCA Takes Green Action by Planting 38,500 Trees in Bali - Director of Islamic Financing at the Directorate General of Budget Financing and Risk Management (DJPPR) of the Indonesian Ministry of Finance Dwi Irianti Hadiningdyah (third left), representative from the Bali I Provincial Environment and Forestry Office I Gusti Ketut Wiguna (right), BCA EVP of Corporate Communication & Social Responsibility Hera F. Haryn (left), BCA EVP of Wealth Management Ugahary Yovvy Chandra (second right), CEO of Jejakin Arfan Arlanda (second left), dan singer Andien (third right) during a tree-planting ceremony in Bali on Thursday (23/11). PT Bank Central Asia Tbk (BCA) took green action by planting 38,500 trees in six villages in Denbukit, Buleleng, Bali. The activity is one of the BCA’s commitments to always actively participate in environmental conservation efforts.
Picture Information 2:
Providing Positive Impact for the Environment, BCA Donates 38,500 Trees - BCA EVP of Corporate Communication of PT Bank Central Asia Tbk. (BCA) Hera F. Haryn (second right) symbolically hands over 38,500 seedlings to the representative from the Bali I Provincial Environment and Forestry Office I Gusti Ketut Wiguna (right), witnessed by the Director of Islamic Financing at the Directorate General of Budget Financing and Risk Management (DJPPR) of the Indonesian Ministry of Finance Dwi Irianti Hadiningdyah (second left) in Bali on Thursday (23/11). Through Bakti BCA’s CSR program, BCA plants Multi-Purpose Tree Species (MPTS) seedlings. These MPTS varieties, such as durian, avocado, coffee, salam, cempaka, and the Balinese flora majegau, were carefully selected for their suitability to the natural conditions of the Denbukit rural forest area. The tree seedlings were planted in six Denbukit villages, including Selat Village, Wanagiri Village, Ambengan Village, Panji Village, Panji Anom Village, and Sambangan Village. Beyond the ecological impact, the trees planted by BCA are anticipated to yield economic benefits for the communities surrounding the tree-planting sites.
Picture Information 3:
Young Investors’ Interest in Green Investments Phenomenon - BCA SVP of Wealth Management Lilyana Sutianto (second left), Head of Financial and Market Analysis Section of the Directorate General of Budget Financing and Risk Management (DJPPR) of the Indonesian Ministry of Finance Andy Ali Mustafa (right), Jejakin Chief Growth Officer Sudono Salim (second right) during BCA Talk’s financial education talk show themed "Investing with Impact: Empowering Youth for Green Indonesia". The growing awareness of environmental issues among the younger generation motivates them to look for investments that endorse sustainable green projects. In early November 2023, the government introduced the Green Sukuk Retail Government Islamic Securities (SBSN), marking an addition to the Sukuk Savings Series 011 (ST011). The Green Sukuk serves as a financial tool aimed at backing environmentally friendly projects that align with climate change mitigation and adaptation initiatives as well as the Sustainable Development Goals (SDGs). BCA, a prominent player in the national banking sector, is among the distribution partners for this initiative. Since its initial issuance until Monday (21/11), the amount of ST011 reservations at BCA has reached Rp3 trillion, with more than 69% of the reservations for the 2-year tenor.
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About PT Bank Central Asia Tbk (as of 30 September 2023)
BCA is one of the leading commercial banks in Indonesia with the core business of transaction banking. BCA also offers a full range of financial services in consumer, SME, commercial and corporate segments. As of September 2023, BCA has the privilege of serving nearly 39 million customer accounts, processing around 81 million of daily transactions through a network of 1,252 branches; 18,705 ATMs as well as the 24-hour internet & mobile banking systems; supported by 24/7 Halo BCA contact center. BCA’s presence is complemented by a number of subsidiaries focusing on vehicle financing, sharia banking, securities, general and life insurance, digital bank, remittance as well as venture capital business. BCA is committed to building lasting relationship with customers, putting people first, and making positive impact on society at large. With around 25,000 employees, BCA’s vision is to be the bank of choice and a major pillar of the Indonesia economy.
PT BANK CENTRAL ASIA TBK
Group Corporate Communication and Social Responsibility - CSR
Corporate Communication
Alamat : Jl. MH Thamrin No. 1
Menara BCA Lt. 22
Jakarta Pusat 10310
Telepon : (021) 2358-8000
Fax : (021) 2358-8339
E-mail : corcom_bca@bca.co.id
