Sustainable Financial Application ​​​​​​​For Financing Companies

The Sustainable financial policy continues to roll. If previously it was targeted at the banking industry, starting this year the policy must begin to be applied in other financial sectors,
 one of which is a finance company. When referring to POJK No.51 / POJK.03 / 2017, finance companies must start implementing policies released on July 18, 2017 next year. 
Thus, this year, precisely at the latest on November 30 2019, all 183 financing companies must send an action plan called the Sustainable Financial Action Plan (RAKB). 
Mandatory documents that become the company's reference when implementing the policy in 2020.

RAKB can be part of a business plan," said Edi Setijawan, senior financial analyst at OJK. According to Edi, the industry does not need to compile the RAKB into a 
separate document from the business plan. "So, with the issuance of this regulation, the regulator does not complicate the industry, instead simplifies it, and opens
new business opportunities for finance companies."

In line with this, Mulya E Siregar, Director of LPPI, said that Sustainable Finance should not be seen as merely applying regulations, but in it there are indeed new opportunities.
 "This issue should not only be seen as a regulation, but on the other hand, new business opportunities are opened," he said at the Socialization of Sustainable Financial Application
 for Financing Companies on September 24, 2019.

So far, many finance companies are targeting more conservative markets, such as automotive financing, even later the growth of cash financing (PDT) has dominated the portfolio 
of several finance companies. Even though there are a variety of potentials outside the business that has been running. Such as financing for the energy sector, tourism, and so on.
Remembering the simple words of wisdom that are still often heard, behind the narrowness of opportunity, it seems appropriate to illustrate the application of sustainable finance