Proceedings of the 3rd International Conference on Globalization of Law and Local Wisdom (ICGLOW 2019)

Implementation of the Principles for Responsible Banking in Indonesian Banking Practices to Realize Sustainable Development Goals

Authors
Lastuti Abubakar, Tri Handayani
Corresponding Author
Lastuti Abubakar
Available Online October 2019.
DOI
https://doi.org/10.2991/icglow-19.2019.26How to use a DOI?
Keywords
banking sector; principle for responsible banking; sustainable development goals
Abstract
This study aimed to know : (i) the implementation of principle for responsible banking in Indonesia to support sustainable development goals ; (ii) the implementation of CSR and the use and management of Environmental Recovery Guarantee Funds to support the achievement of social, environmental and governance integration to realize responsible banking; (iii) Sustainable Financial Action and Sustainability Report as a means of supervising and monitoring of Bank in implementing responsible banking principles. This research is descriptive analytical research and using a normative juridical approach by prioritizing an analysis of secondary data in the form of primary legal materials, secondary legal materials; and tertiary legal materials. Further, the data obtained were analyzed qualitatively and juridical. The conclusions of this study was : (i) the implementation of principles for responsible banking has not been carried out optimally because of several issues, namely: regulations related to sustainable development goals are spread and partial in nature; (ii) implementation of CSR and the use and management of Environmental Funds have not been optimal to support the achievement of social, environmental and governance integration to realize responsible banking; (iii) Sustainable Financial Action and Sustainability Report have not become a means of supervising and monitoring of Bank in implementing responsible banking principles.
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Proceedings
3rd International Conference on Globalization of Law and Local Wisdom (ICGLOW 2019)
Part of series
Advances in Social Science, Education and Humanities Research
Publication Date
October 2019
ISBN
978-94-6252-819-2
ISSN
2352-5398
DOI
https://doi.org/10.2991/icglow-19.2019.26How to use a DOI?
Open Access
This is an open access article distributed under the CC BY-NC license.

Cite this article

TY  - CONF
AU  - Lastuti Abubakar
AU  - Tri Handayani
PY  - 2019/10
DA  - 2019/10
TI  - Implementation of the Principles for Responsible Banking in Indonesian Banking Practices to Realize Sustainable Development Goals
BT  - 3rd International Conference on Globalization of Law and Local Wisdom (ICGLOW 2019)
PB  - Atlantis Press
SP  - 103
EP  - 106
SN  - 2352-5398
UR  - https://doi.org/10.2991/icglow-19.2019.26
DO  - https://doi.org/10.2991/icglow-19.2019.26
ID  - Abubakar2019/10
ER  -