Bank Mandiri Strengthens ESG Commitment Through Green Mortgage
Bank Mandiri headquarters building.

Ahead of Indonesia’s 80th independence anniversary, the momentum for building a greener and more inclusive future continues to grow. As a national bank consistently advocating for sustainable finance, Bank Mandiri reaffirms its commitment to supporting sustainable economic transformation, delivering tangible benefits for the nation and future generations.

By implementing Environmental, Social, and Governance (ESG) principles, Bank Mandiri continues to innovate in offering sustainable financial products that not only align with customer needs but also support national development agendas. One of its flagship initiatives is the Green Home Ownership Loan (KPR Hijau). This financing facility is designed for customers seeking to purchase homes in residential areas that meet eco-friendly standards and hold certifications from green building institutions.

The Green Mortgage not only provides opportunities for people to live in healthier, more sustainable environments but also contributes to creating a green property ecosystem alongside developers in Indonesia. A concrete example of this commitment is Bank Mandiri’s collaboration with Sinar Mas Land and Hongkong Land to facilitate home purchases in the NavaPark project at BSD City. This residential complex has earned the Greenship Platinum certification from the Green Building Council Indonesia (GBCI) in 2022 after comprehensive assessments covering land ecology, connectivity, water management, waste and materials, community well-being, building energy efficiency, and future development innovations.

As of June 2025, Bank Mandiri’s Green Mortgage has demonstrated progressive and solid growth, with total financing reaching IDR 693 billion in the first half of the year—a 24% year-on-year (YoY) increase. This achievement reflects Bank Mandiri’s dedication to integrating ESG principles across all its products and services.

“Through the Green Mortgage program, Bank Mandiri not only provides home financing solutions but also actively promotes the development of a green property ecosystem in Indonesia,” the statement noted.

The initiative also aligns with the Financial Services Authority’s (OJK) Sustainable Business Activity Categories (KKUB) under POJK 51/2017, particularly for Environmentally Friendly Buildings Meeting Standards/Certification. Beyond reducing environmental impact, the program strengthens Bank Mandiri’s green portfolio.

“Moving forward, we hope this initiative can catalyze a greener property ecosystem in Indonesia while encouraging broader participation in national sustainability efforts,” the statement added.

Through these efforts, Bank Mandiri reinforces its role as a strategic partner in advancing eco-conscious housing development while expanding public access to affordable and environmentally friendly homeownership.

Bank Mandiri headquarters building

The Bank Mandiri headquarters building, located in Jakarta, Indonesia, is a historic landmark originally constructed in the early 20th century during the Dutch colonial era. Designed by Dutch architect J. van Hoytema, it served as the headquarters of the Netherlands Trading Society (NHM), one of the predecessors of Bank Mandiri. Today, the building reflects a blend of colonial and modern architecture, symbolizing Indonesia’s financial heritage and growth.

NavaPark

NavaPark is a modern recreational and cultural space designed to offer outdoor activities, green areas, and community events. While specific historical details may vary by location, such parks often emerge from urban renewal projects or efforts to create sustainable public spaces. They typically serve as hubs for leisure, environmental education, and social gatherings, reflecting contemporary urban planning trends. (If you meant a specific NavaPark, please provide details for a more accurate summary.)

BSD City

BSD City (Bumi Serpong Damai) is a planned satellite city located in South Tangerang, Indonesia, developed since the 1980s by PT. Bumi Serpong Damai. Originally designed to alleviate Jakarta’s overcrowding, it has grown into a major business and residential hub, featuring modern infrastructure, shopping malls, and tech parks. Today, BSD City is known for its green spaces, educational institutions, and as a key economic center in the Greater Jakarta area.

Green Building Council Indonesia (GBCI)

The Green Building Council Indonesia (GBCI) is a nonprofit organization established in 2009 to promote sustainable building practices in Indonesia. It operates the *GREENSHIP* certification system, which rates buildings based on energy efficiency, water conservation, and environmental impact. GBCI plays a key role in advancing green architecture and supporting Indonesia’s commitment to sustainable development.

Sinar Mas Land

Sinar Mas Land is a major Indonesian property developer and a subsidiary of the Sinar Mas Group, established in the 1980s. It is known for developing large-scale projects, including residential areas, commercial hubs, and the iconic BSD City (Bumi Serpong Damai), a planned satellite city near Jakarta. The company plays a significant role in Indonesia’s urban development, integrating sustainable and smart city concepts into its projects.

Hongkong Land

Hongkong Land is a leading property investment, management, and development company established in 1889 during British colonial rule in Hong Kong. It played a key role in shaping Central Hong Kong’s business district, owning and managing iconic commercial properties like the Landmark and Exchange Square. Today, it remains a major real estate force in Asia, with a portfolio spanning luxury retail, office, and residential properties across the region.

Financial Services Authority’s (OJK)

The Financial Services Authority (Otoritas Jasa Keuangan or OJK) is Indonesia’s independent regulatory institution overseeing the financial services sector, established in 2011. It replaced the roles of Bank Indonesia and Bapepam-LK in supervising banks, non-bank financial institutions, and capital markets to ensure stability and consumer protection. The OJK plays a key role in strengthening Indonesia’s financial system and promoting transparency and fairness in the industry.

Greenship Platinum

“Greenship Platinum” is a sustainable office building in Tokyo, Japan, designed to meet high environmental standards with energy-efficient features like solar panels and advanced insulation. It reflects Japan’s commitment to eco-friendly architecture and urban development. While specific historical details are limited, it represents a modern shift toward green building practices in major cities.