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OJK: Two Companies to Issue Green Bonds

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13 January 2018 13:28 WIB

Financial Services Authority (OJK) office in Jakarta (3/4). TEMPO/Tony Hartawan

TEMPO.CO, Jakarta - The Financial Services Authority (OJK) commissioner for capital market supervision Hoesen stated that numerous companies are interested to issue green bonds. Hoesen specifically revealed that two companies have expressed their intention to issue the bonds.


"A lot of companies are interested. Two companies have come to me for such a purpose," Hoesen said in Jakarta on Friday, January 12.

Read: OJK to Issue Rule on Bitcoin Investments

OJK’s regulation on green bonds is issued in OJK regulation No. 60/POJK.04.2017 on Issuance and Requirements for Green Bonds. OJK commissioner board chairman Wimboh Santoso said that the regulation was issued to realize development based on an analysis of the impact of the sustainable environment.

Hoesen revealed that the companies interested to issue the green bonds are companies in the field of environment. "This leads more to nature conservation, plantation and forestry," he said.

Nevertheless, Hoesen did not provide further details on the number, the sector which companies have declared the interest to issue the green bonds. He also didn’t specify when the issuance will take place. Hoesen added that OJK has not discussed the business model to use.

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