Journal of Civil Engineering
Vol 39, No 1 (2024)

Environmental Social Governance (ESG) Framework for Public Private Partnership (PPP) in Indonesia

Wardhana, Yuki Mahardhito Adhitya (School of Environmental Science, Universitas Indonesia)



Article Info

Publish Date
29 Jun 2024

Abstract

Environmental and social risks are risks that can disrupt the sustainability of infrastructure provision through the PPP scheme. PPP is a cooperation scheme involving many stakeholders and each stakeholder can be part of mitigating risks, including environmental risks. Environmental risk mitigation can be carried out through instruments and frameworks owned by each stakeholder. This research aims to map the ESG framework that exists in PPP schemes in Indonesia based on existing instruments for stakeholders to be able to make ESG an effective instrument for mitigating environmental and social risks. The research method used in this research is qualitative because the analysis used in this research is a descriptive and in-depth observation of the PPP ecosystem in Indonesia. The results of this research show that there are eight stakeholders in PPP in Indonesia. Each stakeholder has an instrument and can apply the ESG framework based on the instrument they have. Implementing the ESG framework can mitigate environmental and social risks in business processes carried out by stakeholders in the PPP ecosystem in Indonesia.

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Journal Info

Abbrev

jce

Publisher

Subject

Description

Journal of Civil Engineering merupakan jurnal bidang teknik sipil yang mengacu pada sistem standar internasional dalam pengelolaannya dengan tujuan utama memajukan bidang teknik sipil melalui publikasi ilmiah demi terwujudnya kemudahan mendapatkan ilmu dan informasi serta mendukung kemajuan ...