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RepRisk Special Report ASEAN Series: Indonesia

//RepRisk Special Report ASEAN Series: Indonesia

RepRisk Special Report ASEAN Series: Indonesia

DATA & RESEARCH

Indonesia, with a 2014 GDP of USD 888.5 billion and a population of over 250 million4, is the largest economy in the ASEAN Economic Community. When Joko Widodo was elected President of Indonesia on October 20, 2014, there were hopes that the new government would accelerate the reforms started by his predecessor, Susilo Bam- bang Yudhoyono. However, growth has been sluggish throughout 2015, and economists have urged Mr. Widodo to abandon interventionist policies and concentrate on infrastructure spending and the implementation of consistent regulations. In September, the government introduced a series of reforms aimed at stimulating the economy and improving the macroeconomic situation.

Although Indonesia has embraced democracy, the government is working to control corruption and ensure that the rights of its citizens are protected. The country has some of the most extensive and biologically diverse tropical forests in the world, which provide habitat for rare species of ora and fauna.

However, the past two decades have seen rapid and widespread degradation of Indonesia’s resources and the World Resources Institute identified that 10 million hectares of forest have been cleared by illegal logging activities. Tens of millions of Indonesians rely on the forests for their livelihoods and there have been repeated reports that their rights are being abused.

RepRisk has identified the Paper, Food and Beverage, and Mining sectors as being the three most exposed industries to environmental, social, and governance (ESG) risks.

This report outlines the ESG risks in each of these three sectors, and provides insight into the companies and projects that are exposed.

More reports available for download here.

Download: RepRisk Special Report - ASEAN Series: Indonesia

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By | 2017-01-15T20:43:07+00:00 April 14th, 2016|Risk Mitigation|

Source:

RepRisk
RepRisk is a leading research and business intelligence provider, specializing in ESG and business conduct risks. As a premium due diligence solution, RepRisk helps clients prevent and mitigate business conduct risks related to their operations, business relationships, and investments. Since 2006, RepRisk leverages artificial intelligence and human analysis to translate big data into actionable analytics and metrics. With daily updates, universal coverage, and curated adverse data on companies, projects, sectors, and countries, RepRisk offers a suite of a powerful risk management and compliance services. Headquartered in Zurich, Switzerland, RepRisk serves clients worldwide, enabling them to reduce blind spots and shed light on risks that can have reputational, compliance, and financial impacts on a company. For more information, please visit www.reprisk.com or follow us on Twitter.