Bamboo Conservation
Since 2022, Bank, as a member of the Banking Compliance Director Communications Forum (FKDKP), has collaborated with KEHATI to implement a five-year bamboo tree planting initiative as part of its commitment to environmental conservation. This tree planting initiative is part of FKDKP’s support for the National Movement (Gernas) 22 Years of AML-CFT Indonesia, launched by the Financial Transaction Reports and Analysis Center (PPATK) in 2024. Activities included a symbolic bamboo tree planting ceremony, networking sessions, discussions on the bamboo program, and a community empowerment visit in Ngargoretno Village, Magelang, on 31 October 2024. The five-year planting plan targets the planting of 15,875 bamboo seedlings across 27 hectares in Ngargoretno Village. Bank has committed to 10,080 seedlings (63% of the total commitment), of which 6,000 bamboo seedlings have been planted as of 2024.
The Bamboo Conservation Program reflects Bank’s long-term commitment, which has been carried out over 13 years in collaboration with the Indonesian Biodiversity Foundation (KEHATI) and field partners. Through this initiative, a total of 59,900 bamboo seedlings have been planted, consisting of Black Bamboo (Gigantochloa atroviolacea), Tabah Bamboo (Gigantochloa nigrociliata Buse-Kurz), and Betung Bamboo (Dendrocalamus asper). These plantings have been conducted in West Java, Lombok – West Nusa Tenggara (NTB), Tabanan and Gianyar – Bali, Flores – East Nusa Tenggara (NTT), and Magelang – Central Java. Over the past 3 years, the bamboo program has been focused on three key locations: NTB, NTT, and Magelang.
Bank has conducted impact assessments on several programs, including the bamboo conservation program in NTB and NTT as well as the sorghum program in NTT. The findings indicate increased farmer income, improved community water access, enhanced skills and capacities of farmer groups, and a reduction in stunting prevalence.
Bank also conducts periodic carbon sequestration potential analyses for the planted bamboo. In 2024, calculations showed that the bamboo plantings have the potential to absorb over 3,700 tons of CO₂ equivalent, bringing the cumulative total since 2019 to more than 11,400 tons of CO₂ equivalent.
Bamboo Program in Rarung Research Forest (KHP), West Nusa Tenggara, and the Betung Bamboo Conservation and Value Enhancement Program in Ngada, Flores, East Nusa Tenggara.
Inorganic Waste Management
Bank implements waste management initiatives through various programs and activities, including the ABCDE Challenge, Experiential Learning Workshops, and Zero Waste to Landfill initiatives at Bank events.
In 2024, a total of 4.20 tons of waste was collected from 18 major Bank events and processed by third-party waste management providers.
In addition to waste collection, Bank also managed waste accumulated in 2023, totaling 3.09 tons of paper and card waste. These materials were recycled into various products, such as tables, chairs, notebooks, and tumblers, which were then used as merchandise for Bank events.
