Active
This profile is actively maintainedActive
This profile is actively maintainedWebsite | http://www.bri.co.id/ |
Headquarters |
Jl. Jenderal Sudirman Kav.44-46
10210 Jakarta
Indonesia
|
CEO/chair |
Sunarso President Director |
Supervisor | |
Ownership |
listed on ISE
Bank Rakyat Indonesia's majority shareholder is the Indonesian Government (53.19%, as of Dec 31st 2023). The bank's complete shareholder structure can be accessed here. |
Bank Rakyat Indonesia (BRI) was founded in 1895. It is Indonesia's oldest bank and was initially named De Poerwokertosche Hulp en Spaarbank der Inlandsche Hoofden, during Dutch colonial rule. It became known as Bank Rakyat Indonesia after the country's independence. It operates a full range of banking services, giving special focus towards micro, small and medium entreprises. The bank is majority-owned by the Indonesian government.
Bank Rakyat Indonesia's most important sustainability commitments can be found at the website sections listed below.
Bank Rakyat Indonesia does not have any publicly available bank policies.
Bank Rakyat Indonesia (BRI) is linked to a number of companies and projects that BankTrack considers controversial (so called Dodgy Deals), e.g. as a current or past financier or through an expression of interest. The profiles below provide more details on the nature of Bank Rakyat Indonesia (BRI)'s link to these deals.
Bank Rakyat Indonesia operates a Grievance Redressal channel which can be accessed here.
This page evaluates Bank Rakyat Indonesia (BRI)'s responses to instances of alleged human rights violations linked to its finance, raised by civil society organisations. It is not intended to be exhaustive, but covers selected impacts raised by BankTrack and other civil society partners since 2016. For the full scoring methodology, see here. For more information about BankTrack's evaluation of bank responses to human rights impacts, see the 2021 report "Actions speak louder: assessing bank responses to human rights violations".
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Banks and Climate
Partner organisation Reclaim Finance tracks the coal, oil and gas policies of financial institutions, including banks, in their Coal Policy Tool (CPT) and the Oil and Gas Policy Tracker (OGPT). BankTrack works closely with Reclaim Finance and endorses their policy assessments. Find further details on their assessment of Bank Rakyat Indonesia’s fossil fuel policy below.
Banks and Human Rights
BankTrack assessed Bank Rakyat Indonesia in its 2022 Human Rights Benchmark Asia, where it achieved 1 point out of 14 and was ranked as a 'laggard'. More information is detailed in the "Accountability" section of this profile.
Human Rights Benchmark Asia 2022
Banks and Nature
Bank Rakyat Indonesia's policies for forest-risk sectors (beef, soy, palm oil, pulp and paper, rubber and timber) have been assessed by the Forests & Finance coalition, achieving an overall score of 2.7 out of 10 and ranking it as a follower. Bank Rakyat Indonesia achieved a score of 1.7 out of 10 specifically for its policies related to the beef sector and 6.6 out of 10 for its policies related to the palm oil sector. Between 2016 and 2022, Bank Rakyat Indonesia provided USD 8,035 million in credit to companies operating in these forest-risk sectors. For more information, see the links below.
Forest & Finance Policy Assessment 2022: Overall scores
A bank can obtain a total of 10 points for the quality of its policies. The total score is based on their scores per sector, weighted against their financing and investment for each sector. For further details on this see here. Based on their overall score, banks are then classified as Laggards, Followers, Front runners or Leaders, as follows:
Forest & Finance Policy Assessment 2022: Beef
A bank can obtain a total of 10 points for the quality of its beef policy. The total score is based on their scores per sector, weighted against their financing and investment for each sector. For further details on this see here. Based on their overall score, banks are then classified as Laggards, Followers, Front runners or Leaders, as follows:
Forest & Finance Policy Assessment 2022: Palm Oil
A bank can obtain a total of 10 points for the quality of its palm oil policy. The total score is based on their scores per sector, weighted against their financing and investment for each sector. For further details on this see here. Based on their overall score, banks are then classified as Laggards, Followers, Front runners or Leaders, as follows:
End Coal Finance
Reclaim Finance tracks the coal, oil and gas policies of financial institutions, including banks, in the Coal Policy Tracker and Oil and Gas Policy Tool. Find further details on their assessment of Bank Rakyat Indonesia's coal policy below.