The background of the Financial Services Sector is a motor for sustainable financing. Aware of that, this year OJK release The Stage II of  Sustainable Financial Roadmap (2021-2025). After the previous Roadmap is targeted to strengthen risk management and good corporate governance in social and environmental aspects, the latest roadmap is focused on accelerating the transition to sustainable financial services. Looking at developments particularly in the capital market, along with increased attention to environmental issues, the development of sustainable investment is considered as one of the most significant growth investments in the capital markets, particularly in developed countries. Nearly 2,400 managers and owners of financial assets have signed the UN Principles for Responsible Investment (PRI) commitment, with a total managed fund of 86 trillion US dollars. Meanwhile, The Global Sustainable Investment Alliance (GSIA) shows the sustainable investment assets in developed countries growing to 30.7 trillion dollars. Sustainable investment is an investment process that takes into account the environment, social, and good governance, including Environment, Social, and Governance (ESG) to maintain economic sustainability and life on Earth. Investments are only made in companies or businesses that do not have a negative impact on the environment and surrounding communities and have good governance and social aspects. Indonesia’s capital market is among those that have experienced a positive impact from sustainable investment development. Companies in Indonesia that are listed on the stock exchange and implement ESG continue to increase. In 2015 there was only one ESG-based mutual fund product with managed funds (AUM) of IDR 36 billion, by 30 December 2020 it has reached 14 products with more than 3 trillion rupiah AUM. The increasing awareness of ESG among issuers and capital market investors prompted the Indonesia Stock Exchange (IDX) to launch a new index, IDX ESG Leaders, in mid-December 2020. IDX ESG Leaders is not the only environmental, social, and GCG based stock index. There is also the SRI-KEHATI (Sustainable and Responsible Investment-Keane-karagaman Hayati) index, which was launched in June 2009 in collaboration with the IDX and Keane-karagaman Hayati Foundation (KEHATI). IDX ESG Leaders is not the only environmental, social, and GCG based stock index. There is also the SRI-KEHATI (Sustainable and Responsible Investment-Keane-karagaman Hayati) index, which was launched in June 2009 in collaboration with the IDX and Keane-karagaman Foundation (KEHATI). If IDX ESG Leaders contains 30 shares, then SRI-KEHATI consists of 25 shares. It is hoped that the ESG based stock index not only has a positive impact on the company's environment, social and sustainability but also can enrich investment instruments and advance domestic capital markets. What kind of efforts are being made to encourage the stock market industry to implement more ESG?

Provide insight and knowledge about implementing sustainable investment prospects in Indonesia