IFG Constructs Wastewater Treatment Plant in Bantul to Manage Batik Waste and Strengthen Sustainable Ecosystem
Indonesia Financial Group (IFG) has built a Wastewater Treatment Plant (IPAL) at the Nayantaka Batik center in Bantul as a concrete solution to tackle batik industry waste. This facility is designed to reduce pollutants through physical, chemical, and biological processes, thereby lowering the levels of hazardous substances like Total Suspended Solids (TSS), Total Dissolved Solids (TDS), phenols, and oils and fats. As a result, the IPAL has proven to suppress over 90 percent of liquid waste contaminant levels, meeting environmental quality standards.
This program is part of IFG's commitment to integrating Environmental, Social, and Governance (ESG) principles. Denny S Adji, Corporate Secretary of IFG, stated, "We are not only providing an environmental solution but also encouraging added value for batik entrepreneurs through cleaner, more efficient, and sustainable production practices." This initiative aims to strengthen responsible production practices in the MSME sector.
Cross-sector collaboration involves members of the IFG holding, such as PT Asuransi Jasa Indonesia (Jasindo), PT Jasa Raharja, PT Jaminan Kredit Indonesia (Jamkrindo), and PT Asuransi Kredit Indonesia (Askrindo), along with support from the Yayasan Inspirasi Anak Bangsa (YIAB) and local government. This step reflects IFG's role in creating sustainable value as part of the Danantara Indonesia ecosystem.
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