This statement denotes PT Sarana Multi Infrastruktur’s (Persero) or can also abbreviated as “PT SMI” commitment to the Environmental, Social, and Governance (ESG) aspects and their importance in shaping PT SMI’s policies, objectives, and operational activities. The 3P (Profit, Planet, People) aspects have always been PT SMI’s guide in carrying out business activities. To achieve more concrete sustainable development goals and to materialize meaningful sustainable finance, PT SMI is now progressing towards 5P approach: People, Planet, Prosperity1, Peace2, Partnership. 

PT SMI adheres and prioritizes sustainability principle by applying ESG policies in its daily operations and by conducting rigorous ESG impact and risk assessment in all pillars of business activities3. Implementation of ESG policies aims to boost operational efficiency, to uphold high governance standards, and to create financially sound, environmentally friendly, and socially aware projects.

ESG impact and risk assessment intends to bolster desirable impacts and to narrow adverse consequences of sustainable infrastructure projects financed and supported by PT SMI. The assessment is based upon PT SMI’s most recent related ESG policies, guidelines, and management systems that are aligned with standards applied by bilateral and multilateral development finance institutions. Those instruments consider environmental and social sustainability as the key to achieving sustainable development goals, complying with Indonesia's legal and regulatory framework and striving to meet international best practices.




Natural Resources


Climate Crisis



Poverty Reduction

Social Protection

Inclusive Growth


Corporate Governance

Corporate Behavior

Implementation and Monitoring

PT SMI strives to consistently implement its ESG commitments in its daily operations and to strengthen ESG management system.

As part of ESG implementation in business process

For each financing and capital investment origination PT SMI conducts Environmental and Social Due Diligence (ESDD) referring to PT SMI Environmental and Social Safeguard (ESS) Guidelines. In case gaps are identified based on the ESDD results, Corrective Action Plans (CAP) will need to be fulfilled by the clients/debtors.

Monitoring and Reporting

PT SMI monitors CAP fulfillment for each financing facility using monitoring tools, including Safeguard Monitoring System (SMS) and Environmental and Social Monitoring Report (ESMR). Implementation Completion Report (ICR) is also prepared at the end of the financing agreement or in any case of termination of the agreement. PT SMI manages and monitors its progress in applying international best practices in ESG aspects particularly on environmental and social, and share these results with its stakeholders – through its annual report, or other instruments. 

Commitment to Continuous Improvement

PT SMI is devoted to ongoing improvement in its ESG performance, and openness to learning from its dialogue with leading institutions and relevant stakeholders. The improvement is materialized through revisions and up-dating related policies, guidelines, as well as operational handbooks, which together constitute PT SMI’s ESG management system, and through capacity development program at three different levels: individual, institutional and society.


The commitment in environmental aspect promotes the improvement of the environmental quality and carrying capacity to address following issues:


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The commitment in social aspect bolsters the social capital optimalization to address following issues:

Social Protection

PT SMI is com...

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The commitment in governance aspect promotes good corporate governance to cover following components:

Good Corporate Governance (“GCG”...

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  1. Ensure that all human beings can enjoy prosperous and fulfilling lives and that economic, social, and technological progress occurs in harmony with nature (https://sdgs.un.org/2030agenda). PT SMI believes profit is one of the key components that contribute to overall prosperity by contributing to economic growth, job satisfaction, and employee well-being.
  2. Foster peaceful, just and inclusive societies which are free from fear and violence (https://sdgs.un.org/2030agenda). Through its ESG related policy, PT SMI promotes implementation of public consultation which is free from intimidation and coercion. One of sub-pillar of ESG-Social aspect is related to social inclusion.
  3. PT SMI pillars of business activities consists of financing and investment, project development and advisory.