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Indonesia Net Zero Summit 2022:
Industrial Decarbonization at All Cost

A B20 Sideline Event

Bali, November 11, 2022

Industrial decarbonization is a pathway that business and industries must opt for in order to significantly reduce their carbon footprint. Yet the benefit and value of this pathway come with its own cost and challenge.  Just like businesses today, carbon emission knows no boundaries. Thus, a global-level engagement and cooperation are just mandatory in this age of globalization.       

About the Summit


The Indonesia NZ Summit will present the urgencies, challenges, opportunities and call to actions for industrial decarbonization from Indonesian companies as well as regional and global companies across industries.

The Summit draws from the interactions between KADIN Net Zero Hub and many companies and organizations from the last 12 months. As an initiative pioneered by Indonesian Chamber of Commerce to accelerate industrial decarbonization, KADIN Net Zero Hub addresses issues such as renewable energy and waste, which are already at the foreground of public discussion, to financial services and corporate governance which can be considered a still nascent discussion. The call to actions presented during The Summit are intended for all companies in Indonesia to join the movement and create a new wave of decarbonization initiatives and to become a positive force for Indonesian government to be more ambitious in its national decarbonization initiatives.


Bali Nusa Dua Convention Center (BNDCC) 1, Nusa Dua, Bali
Singaraja Hall



08:45 – 09:40 WITA (GMT +8)

Opening Remarks

Shinta Widjaja Kamdani
B20 Chairwoman

Welcome Remarks

Norimasa Shimomura
UNDP Resident Representative

Arsjad Rasjid P.M
KADIN Chairman

Context Setting

Bahlil Lahadalia
Minister of Investment

Keynote Speech

Luhut B Pandjaitan
Coordinating Minister of Maritime and Investment

09:50 – 10:00 WITA (GMT +8)

Fireside Chat

Mahendra Siregar
Ketua Otoritas Jasa Keuangan

10:00 – 10:40 WITA (GMT +8)

Value Chain Decarbonization

No one can single handedly decarbonize a product, the whole value chain must actively participate. As modern consumer embraces the globalization, firms and companies start to be more specialized. As a result, a single product is now a reflection of globally connected value chain. To decarbonize a product means decarbonization along the value chain, which involves many different actors. Only by engaging every actor we can have a meaningful decarbonization impact.


Prawitya Soemadijo
Sustainability Director, Nestle Indonesia

Anya Saphira
Program Stakeholder Engagement and Public Affair Lead, H&M Group Production Office Indonesia

Agus Ciputra
President Director BASF Indonesia


Almo Pradana
Deputy Director of Climate, Energy and Ocean, WRI Indonesia

10:55 – 11:35 WITA (GMT +8)

Call for Ambitions: Hard to Abate Industries

Modern civilization cannot survive without core industries, which also happens to be hard to abate. Cement, steel, petrochemical and fertilizers are among core industries which have supported the growth of the world as we see, experience, and live in now. There are no business-as-usuals. Decarbonizing them requires a constant innovation on fuels, feedstocks, and production process. We need to have ambitious planning and long-term vision for these industries.


Kelvin Fu
Managing Partner of Gunung Capital

Komisaris Utama Semen Indonesia

Fadli Rahman
Director of Business Development Pertamina New and Renewable Energy

Kathy Xitong Gao
Senior Associate Hydrogen Research, Bloomberg NEF


Verania Andria
Senior Advisor for Renewable Energy, UNDP

11:45 – 11:55 WITA (GMT +8)

13:25 – 13:35 WITA (GMT +8)

Fireside Chat

Avina Sugiarto
Partner, East Venture

Didi Kasim
Editor in Chief, National Geographic Indonesia

13:35 – 14:15 WITA (GMT +8)

Decarbonizing the Power Grid

There will be no net zero economy without net zero electricity. From machineries to appliances to vehicles, electricity is ubiquitous in our life. Having enough electricity is not enough, however. We need low to zero carbon electricity. Renewable procurement options, combined with corporate climate commitments, is a powerful driving force to start decarbonizing power grid.


Ika Noviera
Director Corporate Affairs, Multi Bintang Indonesia

Eka Satria
Direktur Utama, Medco Power Indonesia

Ken Haig
Head of Energy and Environmental Policy, Asia-Pacific & Japan, AWS

Agung Wicaksono
Managing Director, PT Jababeka Infrastructure


Alex Perera
Deputy Director Energy, WRI

14:30 – 15:10 WITA (GMT +8)

Corporate Climate Governance

Climate commitments start from within, and climate governance should be mandatory. Among many different pathways, technologies, and strategies available to businesses, there is one indispensable aspect: corporate governance. Balancing growth, compliance and climate commitments require a delicate and collaborative actions –not only internally within a business organization, but also externally across businesses, regulators and consumers.


Connie Ang
Chief Executive Officer, Danone Indonesia

Sihol P Aritonang
President Director, Riau Andalan Pulp and Paper

Shahril Azuar Jimin
Chief Sustainability Officer, Maybank

Anne Patricia Sutanto
Vice President Director, Pan Brothers


John Leung
Director Southeast Asia & Oceania, CDP

15:25 – 16:05 WITA (GMT +8)

Engagement Through Financial Sector

Financing and investment are climate mitigations, but only if done correctly. Modern civilization cannot exist without financial services. And future net zero civilization can only exist if financial services actively play their role. Financial service is always a front runner in establishing capital demand and supply. The industries are now calling for financial sector to start establishing climate positive capital demand and supply.


Edi Broto Suwarno
Direktur Pengaturan Pasar Modal, Otoritas Jasa Keuangan

Kelvin Tan
Managing Director, Head of Sustainable Finance & Investment ASEAN, HSBC

Michael T Tjoajadi
President Director, Schroders Indonesia

Rosita Uli Sinaga
Head of Taskforce on Comprehensive Corporate Reporting, Ikatan Akuntan Indonesia


Dr. Adam Ng
Greening Financial Regulation Initiative –  APAC Lead, WWF

16:05 – 16:15 WITA (GMT +8)

Fireside Chat

Anindya Bakrie
Chairman, Indonesia Impact Fund

16:15 – 16:25 WITA (GMT +8)

Plenary Closing

Muhammad Yusrizki
KADIN Net Zero Hub


The Indonesia Net Zero Summit 2022 is supported by companies who are committed to building a climate-resilient future and help accelerate global mobilization towards achieving Net Zero Emission. Below you can find stories of ambitious commitments and impactful actions from these net zero heroes.

ERM Collaborates with KADIN Net Zero Hub in Indonesia to bring G20’s Sustainability Agenda Forward

GRP: Support Carbon Neutrality 2060, GRP Signs MoU with FFI and KADIN

Amazon Web Services: AWS Clean Energy Accelerator Program

SIG: Supporting G20 Presidency of Indonesia through Investment in Decarbonization

PT Pan Brothers Tbk. Green Office at Boyolali (Central Java)

APRIL Group: Restorasi Ekosistem Riau (RER)

BASF has been promoting Biomass Balance Approach to reduce CO 2 emissions and save fossil resources

HSBC: Our Net Zero Strategy Has at Its Core a Commitment to Support Our Customers

Danone Indonesia: AQUA Life as Indonesia’s 1st Carbon Neutral Beverage

East Ventures: Climate tech investment is a top priority in achieving net zero Emissions

WEF – Accenture: Unlocking Clean Energy Investment in Indonesia

PT Pan Brothers Tbk.: Solar Panel Installation at PT Pan Brothers Tbk. & Group

Danone Indonesia : Leading the Transition to Renewable Energy

WEF – Accenture: Transitioning Industrial Clusters and Indonesia’s Decarbonization

HSBC Indonesia: HSBC Empowers Businesses Transition to Net Zero

BASF: Together for Sustainability (TfS) launched Product Carbon Footprints Guideline for Chemical Industry

APRIL Group: April2030

East Ventures: Sustainability Report 2022

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KADIN Net Zero Hub – 2022

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