We have expanded the list of climate policies we assess company engagement with to incorporate land-use related policy, referring to legislative or regulatory measures to enhance and protect ecosystems and land where carbon is being stored. Assessments under this category are currently underweighted in terms of their contribution to the overall company metrics. This weighting will be progressively increased over the next 6 months.
We adjusted the terminology used to describe the queries running down the left-hand side of our scoring matrix and added additional explanatory text to the info-boxes. This has no impact on the scores and methodology. It has been done following user feedback to improve clarity.
Climate Policy Engagement Overview: The Indonesian Chamber of Commerce and Industry (KADIN) has moderate levels of engagement with climate policy and holds positive positions. KADIN has expressed strong support for the energy transition in Indonesia and has supported the development of Indonesia’s first carbon tax and emissions trading system.
Top-line Messaging on Climate Policy: KADIN holds positive positions towards climate policy in its top-line messaging. The organization hosts a net zero platform, accessed in April 2023, through which it supports Indonesia’s net-zero by 2060 goal. Furthermore, in a blog post published in November 2022, KADIN praised the increased number of commitments to net zero after COP26, and called for measurable action to realize the global 1.5° emissions target. KADIN did not explicitly support the need for government regulation to respond to climate change.
Engagement with Climate-Related Regulations: KADIN’s engagement with climate related legislation appears positive. According to the organization’s ‘Sustainability’ page, accessed in April 2023, KADIN supported the implementation of the Carbon Economic Value (NEK) in Indonesia, which introduced an economic price on carbon and an emissions trading system. In an opinion piece written by KADIN’s Chairman Arsjad Rasjid in November 2022, the organization supported reforestation for the purpose of mitigating greenhouse gas emissions in Indonesia. In another opinion piece written by Rasjid in November 2022, the organization advocated for competitive tariffs to reduce the price of solar energy in Indonesia, and emphasized the economic advantages of renewable energy.
Positioning on Energy Transition: KADIN’s engagement with energy transition policies appears to be very positive. In a blog post published by the company in April 2023, Chairman of KADIN Arsjad Rasjid strongly supported the Indonesian government’s electric vehicle incentive programme, with the organization describing electric vehicle proliferation as one of their main priorities. Furthermore, the organization called for businesses to commit to decarbonization in a blog post on its Net Zero Hub, published in November 2022, and highlighted the need for collaboration from both public and private sectors in the national energy transition in Indonesia. Rasjid also argued for the compatibility of the energy transition with economic development efforts in Indonesia in an opinion piece published in November 2022, asserting that renewable energies must replace fossil fuels.
Additional Note: KADIN is headquartered in Indonesia, where InfluenceMap’s LobbyMap platform can currently only make a provisional assessment of corporate climate policy engagement, due to limited capability to access publicly available data on this issue. As it is possible that InfluenceMap is not yet able to fully capture evidence of KADIN's climate policy engagement activities, these scores should be considered provisional at this time.