Climate & Environment

Bamboo Conservation for Environmental Preservation

All CIMB Niaga working units operate in residential areas, so therefore there are no banking activities that directly affect the biodiversity. Likewise, no endangered flora or fauna protected by the International Union for the Conservation of Nature and Natural Resources (IUCN) can be disturbed due to Banking operations. Nevertheless, CIMB Niaga participates in supporting environmental preservation, and has collaborated with Yayasan Keanekaragaman Hayati (KEHATI) to carry out Bamboo Conservation since 2011. This commitment has resulted in a total of 30,400 bamboos being planted in Indonesia.

The bamboo planted through the CIMB Niaga CSR program provides positive contribution to carbon absorption, and this has been analyzed using various methods. In 2019, samples were taken from Tabah bamboo (Gigantochloa nigrociliata (Buese) Kurz) in Gianyar and Tabanan, Bali. Bamboo sample were analyzed for C-organic content.

The results showed that from the total area of 13.4 ha, Tabah bamboo has potential carbon absorption up to 759 tonnes CO2eq. An analysis of the potential carbon absorption using a sinusoidal equation model (Maulana, 2011) was also carried out on Betung bamboos (Dendrocalamus asper) planted in the Ngada, East Nusa Tenggara (NTT).

The 2020 analysis results showed that 10 thousand Betung bamboos planted in the nursery when establish in the field (10 years after planting) is potential to absorb up to 824 tonnes of CO2eq.

Through its Community Empowerment-Based Tabah Bamboo Conservation, CIMB Niaga plants bamboo seedlings and increases the capacity of farmers working in Special Purpose Forest Areas (KHDTK). The activity starts with the process of developing bamboo seedlings, followed by planting until the bamboo can become a commodity for processing to provide added economic value.

CIMB Niaga’s positive contributions included collaborating with the KEHATI Foundation to provide online training to 50 women in the Special Purpose Forest Areas (KHDTK) Area in Lombok with the theme ‘Utilization Bamboo Waste and Derivative Products’. The training focused on the technology for making Charcoal Soap and Tabah Bamboo Leaf Tea, and for making Bamboo Charcoal and Vinegar, and others. Through this training, it is expected that housewives will increase their family income.

Bamboo conservation is part of CIMB Niaga's contribution to preserving local nature whilst also provides economic and environmental benefits. Ecologically, bamboo tree conservation has a positive impact by improving the quality of water absorption, retaining soil in the planting areas, and increase absorption of GHG emissions. Up to the end of 2020, CIMB Niaga CSR funds for environmental preservation had reached Rp820 million. Most of these funds were allocated towards bamboo conservation and its carbon stock calculation.

The number of bamboo planted by CIMB Niaga from 2012 to the end of December 2020 has reached 30,400, namely Black bamboo (Gigantochloa atroviolacea), Tabah bamboo (Gigantochloa nigrociliata (Buese) Kurz), and Betung bamboo (Dendrocalamus asper). In 2020, 5,000 Betung bamboo seedlings from the 2016 planting were moved to a giant nursery (cocoon system) in Ngada, Flores, East Nusa Tenggara. It is estimated that the potential carbon absorption of CIMB Niaga bamboo in 2020 will reach more than 800 tonnes CO2eq. Since theprogram commenced in 2019, it has contributed positively to mitigating climate change, and the accumulated absorption has now reached nearly 1,600 tonnes CO2eq.

Biodiversity
Year Number of Bamboo
2018 30,400
2019 30,200
2020 26,400