Disclosure of the Proportion and Classification of Green Credit in the Indonesian Banking Sector
- DOI
- 10.2991/assehr.k.220407.074How to use a DOI?
- Keywords
- greenn credit; sustainable finance; sustainable development goals
- Abstract
This study aims to look at the portion and classification of green lending based on the provisions of the Indonesian financial services authority regulations. This research was conducted on banks that have provided green credit since 2018. The classification of green credit financing consists of 11 classifications. The results of the analysis of the green credit portion of total credit show that BRI bank has the largest portion, namely 57.34% (2019) and 63.88% (2020). The results of further analysis show that the largest portion of green credit is in the classification of MSME activities. Meanwhile, the least green credit financing is financing for climate change adaptation and Land and Water Biodiversity Conservation. The test results show that the low portion of green credit outside of MSME activities indicates a tendency for low environmental-friendly business activities or there is a possibility that the credit requirements proposed by environmentally sound companies to banks are still appropriate. Further research is expected to add to the identification of profiles of environmentally sound companies in Indonesia so that two points of view can be found between banking and environmentally sound companies.
- Copyright
- © 2022 The Authors. Published by Atlantis Press SARL.
- Open Access
- This is an open access article distributed under the CC BY-NC 4.0 license.
Cite this article
TY - CONF AU - Rudy Hartanto AU - Irena Paramita Pramono AU - Riyang Mardini PY - 2022 DA - 2022/04/23 TI - Disclosure of the Proportion and Classification of Green Credit in the Indonesian Banking Sector BT - Proceedings of the 4th Social and Humanities Research Symposium (SoRes 2021) PB - Atlantis Press SP - 367 EP - 369 SN - 2352-5398 UR - https://doi.org/10.2991/assehr.k.220407.074 DO - 10.2991/assehr.k.220407.074 ID - Hartanto2022 ER -