ESG and Sustainable Finance

ESG and Sustainable Finance

Strong Environment, Social, and Governance (ESG) performance is no longer a differentiator. It’s a baseline for companies seeking to stay competitive and attract sustainable capital. Yet many organisations still struggle to connect ESG data with real business outcomes or to fully grasp the financial implications of climate-related risks. Through structured assessments and strategic insights, we begin with uncovering gaps, aligning with investor priorities, and tapping into emerging opportunities in sustainable finance.

Repeat Engagement

Project Delivered

Clients

Our Approaches

Insight-Driven Preparation

We offer in-depth analysis to help organisations anticipate and align with emerging international, sector-specific ESG standards.

Expert-Led Advisory

Our network includes specialists in environmental performance, social impact, and governance, ensuring targeted expertise across all ESG dimensions.

End-to-End Support

Unlike one-off assessments, our services are designed for continuity through to implementation, including the development of roadmaps, action plans, policies, and reporting frameworks.

Capacity Building on ESG & Sustainable Finance

Beyond standardised ESG and OJK CRMS trainings, we design customised programmes that build internal expertise across ESG implementation, climate finance, and evolving sustainable finance regulations. Learn more on our Training and Capacity Building page.

Our Services

ESG Gap Analysis:
Identify performance gaps against ESG standards to strengthen disclosure and meet investor expectations.
Materiality Assessment:
Prioritise issues most relevant to stakeholders and long-term business value.
Support in The Process of ESG Ratings:
Navigate rating frameworks with clarity to improve outcomes and credibility.
Support Governance Improvements:
Develop practical governance tools—policies, SOPs, and systems—for stronger ESG integration.
Physical Risk Assessment for Companies:
Evaluate climate-related risks to guide planning and resilience strategies.
Capacity Building on ESG

- Climate Risk Assessment for Banks and Financial Institutions
  - OJK CRMS physical risk
  - OJK CRMS transition risk
  - OJK CRMS GHG calculation
  - Capacity building on OJK CRMS/CRST
- Sustainable Finance Consulting
  - Sustainable finance frameworks for banks
  - Sustainable financial models such as PPP and guarantee mechanisms
  - Evaluation of renewable energy (RE) and energy efficiency (EE) financing
  - Green portfolio for banks
  - Customised training in Sustainable Finance

Highlights of Recent Work

Success Story

Innovation often begins with challenges, which can be overcome through strong collaboration. In this spirit, ISTW’s ESG journey progressed further in 2025 through close collaboration with Tri Hita Consulting. Beyond establishing a GHG inventory, ISTW has begun developing its decarbonisation strategy. At the same time, the company has strengthened its governance framework by adjusting its organisational structure, implementing an anti-corruption policy, and identifying key ESG KPIs, alongside governance capacity building to support effective ESG implementation.

Masayoshi Sawada

President Director, PT Indonesia Steel Tube Works

The session delivered by Tri Hita Consulting during the APEC Workshop on ESG for Women SMEs in Kuala Lumpur, Malaysia, provided practical, high-value insights into profitable ESG implementation. Participant feedback highlighted strong appreciation for the expert-led session by Julia Rahmi. The discussion skillfully addressed common early-stage misconceptions about ESG, immediately translating complex concepts into revenue-enhancing strategies. This session was a critical resource for women-led SMEs, empowering them not only to better understand ESG but also to strategically integrate it into their core business practices for sustainable growth and competitive advantage.

Dr Sarpaneswaran Subramaniam

Director of C&G Analytica

I had the opportunity to work with Tri Hita Consulting on two major collaborations, including the design of sustainable financing frameworks for two Indonesian banks and the publication of sectoral guidelines across four key sectors in Indonesia to strengthen access to private and international climate finance. The team was professional, insightful and a pleasure to work with, and I look forward to future opportunities to collaborate again.

Crystal Wong Jee Yong

Capital Markets and Policy Specialist

Tri Hita Consulting has been an essential partner in our sustainability journey, providing a thorough assessment of our current ESG performance along with forward-looking recommendations to strengthen our efforts. Their expertise in evaluating operational sites has given us a comprehensive understanding through detailed ESG analysis and GHG inventory reporting. Beyond assessments, Tri Hita Consulting excels in capacity building. Through tailored training sessions and technical discussions, they have empowered our teams to enhance sustainability practices effectively. We appreciate Tri Hita Consulting’s dedication to delivering actionable insights and fostering long-term collaboration.

Masayoshi Sawada

President Director, PT Indonesia Steel Tube Works

I want to sincerely thank Tri Hita Consulting for their invaluable support in the IDX sustainability journey. Tri Hita Consulting’s expert guidance and deep understanding of environmental challenges and financial markets have been proven. The team has been navigating the intricate landscape of climate change initiatives and aligning with Science Based Targets. The collaboration has strengthened our positioning among global stock exchanges and fostered a sense of responsibility towards the environment. In the future, I think many organisations within the financial sector seeking comprehensive support in addressing climate change and sustainability will start their sustainability journey with the help of Tri Hita Consulting.

Muhammad Rizky Zein

Sustainability Senior Expert, Indonesian Stock Exchange (IDX)

BCA has been in collaboration with Tri Hita and TSC for the past four years. This time, we have had the opportunity to explore further the development of TCFD reporting, including an initial assessment of climate change risk assessment. As it is crucial to see the potential impacts of climate change on our business, we trust Tri Hita to help us better understand the risks and best concrete steps forward.

We appreciate Tri Hita’s commitment to supporting us and boosting our ESG awareness through various capacity-building and technical assistance.

Natalina Barasi

Vice President of the Environment Sustainability Governance Group, BCA

Tamaris Hydro has been working with Tri Hita Consulting for years. As we see the growing demand from socially responsible investors, Tamaris wants to evaluate our compliance with environmental, social, and governance (ESG) factors in our operations. Therefore, we trust Tri Hita Consulting to assist us in assessing our ESG across the 13 operating companies (including 16 mini hydro power plants) and provide recommendations on improving the score. We are delighted with the work of Verena, Lidia, Maria, and Julia. They have shown their competency & professionalism when Indonesia is still relatively newly exposed to the ESG topic. Their commitment to transparency and accountability is highly appreciated. They have a robust framework for monitoring and reporting their ESG performance, which gives us confidence that Tamaris is walking towards the right direction in compliance with ESG criteria.

Alva Orchita

Corporate Secretary, Tamaris Hydro

I worked with Verena on a Green Climate Fund proposal market assessment on Energy efficiency measures for the Indonesian industry sector for the ASEAN Centre of Energy. She led the financial and technical analysis part. Besides great communication and her expertise on the financial mechanisms that could be possible, I value her Indonesian insights, contacts and endless effort that go beyond her job description. I am looking forward to working on other projects with her in the future.

Ali Hasenbeigi

I have known Verena since a GIZ climate investment workshop held in Germany in 2017 and most recently have directly worked with her in an ASEAN centre for Energy led project where we evaluate the state and support of ASEAN member states to develop proposals for EE finance mechanisms. In our engagements I always found Verena highly motivated, well-structured and a great resource for EE finance, especially related to policy. In addition, she is a great manager and manages to push activities forward. I am looking forward to working with her on many projects to come.

Vic Abainza

Senior Consultant, ADFIAP Consulting Group

Collaboration with Partners & Clients

Experts in This Field

Julia Rahmi, S.H. LL.M.

Senior Consultant, Legal Manager, and Project Manager

Giovanni Lucky Hartanto, BSc.

Sustainable Finance and Capacity Building Consultant

Lintang Shafa Mazaya, S.I.A

Capacity Building & ESG Junior Consultant

Mega Riahta Siti Aisyah, S.Kesos

ESG Consultant

For more detailed insights into how we can support your sustainability goals, please don’t hesitate to reach out. Our team is ready to provide tailored solutions that align with your business objectives and drive measurable impact.

ESG and Sustainable Finance

ESG and Sustainable Finance

Our Approaches

Insight-Driven Preparation

Expert-Led Advisory

End-to-End Support

Capacity Building on ESG & Sustainable Finance

Our Services

ESG Advisory

Sustainable Finance

Highlights of Recent Work

Success Story

Collaboration with Partners & Clients

Experts in This Field

Julia Rahmi, S.H. LL.M.

Giovanni Lucky Hartanto, BSc.

Lintang Shafa Mazaya, S.I.A

Mega Riahta Siti Aisyah, S.Kesos