Sustainability has emerged as a critical focus for the financial services sector, driven by global trends, regulatory requirements, and increasing stakeholder expectations. Effective sustainability accounting and reporting provide transparency, foster trust, and ensure alignment with international standards and best practices. This webinar aims to explorethe latest developments in sustainability accounting and reporting within the financial services sector, focusing on practical insights and regional perspectives from Indonesia and the ASEAN region.

The primary objectives of this webinar are:

To discuss the importance and benefits of sustainability accounting and reporting for the financial services sector

1. To highlight globaland regional developments, including regulatory frameworks and standards
2. To share insights, challenges, and best practices from Indonesia and ASEAN region
3. To foster collaboration and knowledge sharingamong professionals in the financial services sector

By the end of the webinar, we hope the participants can capture some insights and best practices on following:

1. Adopting international sustainability reporting standards, Adopting international sustainability reporting standards ensures transparency, consistency, and accountability in disclosing environmental, social, and governance (ESG) impacts. By aligning with frameworks like GRI, SASB, and ISSB, organizations can meet regulatory requirements, build stakeholder trust, and demonstrate their commitment to sustainable practices. This approach not only enhances corporatereputation but also supports informeddecision-making and long- term value creation.
2. Integrating sustainability into financial practices, Integrating sustainability into the financial services sector involves embedding environmental, social, and governance (ESG) principles into decision-making, risk assessment, and investment strategies. This approach drives long-term value creation,ensures compliance with evolving regulations, and aligns financial activities with global sustainability goals. By prioritizing ESG factors, financial institutions can foster innovation, build stakeholder trust, and contribute to a more resilient and sustainable economy. One key effort in integrating sustainability into the financial services sector is incorporating ESG risk assessments into lending, investment, and underwriting processes.
3. Challenges in sustainability reporting in Indonesia, Sustainability reporting in Indonesia faces several challenges, including limited awareness and expertise among businesses, inconsistent data collection practices, and the lack of harmonized reporting standards. Many organizations struggle with integrating environmental, social, and governance (ESG) metrics into their financial systems while addressing diverse stakeholder expectations. Additionally, regulatory frameworks are evolving, creating uncertainties in compliance requirements.

Overcoming these obstaclesrequires capacity building, stronger regulatory guidance, and collaboration among businesses, policymakers, and sustainability practitioners to ensure credible and impactful reporting.