Indonesian companies step up climate change targets, tap into green businesses

Socially conscious global investors have increasingly encouraged companies in Indonesia to adhere to environmental, social and governance standards. PHOTO: REUTERS
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JAKARTA - Indonesian companies are greening their operations to lure investors and pursue profits in the renewables sphere.

Socially conscious global investors have increasingly encouraged companies here to adhere to environmental, social and governance (ESG) standards, which measure how well a company safeguards the environment and implements socially responsible policies.

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