Special Staff of the President for Economic Affairs: ESG is in Line with Values in Sharia Finance
The implementation of Environmental, Social & Governance (ESG) is in principle in line with the values contained in sharia financial principles. They have the same fundamental principle, namely avoiding harm. This is what Dr. Arif Budimanta (Special Staff to the President for Economics) at the Studium General Postgraduate Program of the Faculty of Economics and Business (20/11/2023).
ESG can be defined as a set of environmental, social and governance factors considered by companies when managing their operations, and investors when making investments, in relation to impact risks and opportunities related to, but not limited to, environmental issues, social issues and governance. . ESG is therefore important because it will create long-term value, optimize risk management, ensure regulatory compliance and create competitive advantage, as well as enhance corporate objectives and address stakeholder priorities.
This activity was opened with remarks by Dr. Erika Amelia, M.Si (Deputy Dean for General Administration, FEB UIN Syarif Hidayatullah Jakarta). This activity was held in collaboration with the FEB UIN Syarif Hidayatullah Jakarta Postgraduate Program with the DPP Indonesian Lecturers Association, the Association of Sharia Economics Lecturers (ADESY), and the IAEI UIN Syarif Hidayatullah Commissariat. The FEB UIN Syarif Hidayatullah Postgraduate Program consists of a Masters in Sharia Economics, a Masters in Sharia Banking, and a Doctorate in Sharia Banking.