ESG

PT Bank Rakyat Indonesia (BRI) launched its inaugural IDR 5 trillion Sustainable Social Bond, attracting IDR 6.57 trillion in subscriptions, and becoming the first Indonesian bank to issue such a bond. The offering, part of a larger IDR 20 trillion program, aims to support inclusive and sustainable financing. The bond received a Triple A rating and features varied tenors and interest rates. This move reinforces BRI’s commitment to ESG and sustainable financial practices.

Prime Mining Corp. announced a successful shareholder meeting with all proposals approved and directors elected. The company, focused on its Los Reyes gold-silver project in Mexico, has a strong cash balance and is on track to deliver a Preliminary Economic Assessment in Q3 2025. Shareholder engagement was high, demonstrating confidence in Prime’s future.

Innovent Biologics released its 2024 ESG Report outlining a five-pillar strategy—Excellent Governance, Advancing Public Health, Uncompromising Quality, Empowering Talent, and Sustainable Ecology. Achieving an MSCI AAA ESG rating (the only Chinese biotech recipient), it aligned with UN SDGs, expanded board diversity, and distributed RMB 3.6 billion in medicines to 200,000+ patients. The company maintained 100% GMP compliance, reduced energy use by 29%, saved 51,100 tons of water annually, and achieved 96.8% employee retention with 44.2% women in management roles. Its pipeline includes 13 orphan drugs and three New Drug Applications under review, underscoring its dual focus on innovation and sustainability.