2023 July

Month: July 2023

Corporate News
July 14th, 2023

OJK Visits PT Great Giant Pineapple to Explore Carbon Exchange Opportunities

Central Lampung, 23 May 2023 – Director of Digital Asset Supervision of the Financial Services Authority (OJK), Lufaldy Ernanda, together with his staff, paid a working visit to PT Great Giant Pineapple (GGP) in Terbanggi Besar, Central Lampung.

During the visit, Lufaldy explained that the Draft OJK Regulation (RPOJK) on the carbon exchange is in the finalization stage and is targeted to be issued in September 2023, with the carbon exchange expected to go live by the end of the year.

“Today we are exchanging ideas with private companies about their potential contribution to the national strategy for reducing emissions. We see Great Giant Pineapple as one of the companies that has made very good progress in reducing emissions. Looking ahead, GGP could become one of the pioneers among agricultural companies in Indonesia’s carbon exchange,” Lufaldy said.

He further explained that the carbon exchange will operate similarly to other exchanges, where companies can register as buyers or sellers, depending on their emission reduction results. Companies with certified emission reduction projects will be positioned as sellers, while those pursuing net zero goals may act as buyers.

The OJK delegation was warmly welcomed by Arief Fatullah, Senior Sustainability Manager of Great Giant Foods Lampung, and Julius Sugarjanto, Sustainability Farming & Climate at GGF, at the PT GGP Training Center. Both parties exchanged presentations on ongoing initiatives to reduce greenhouse gas (GHG) emissions.

The carbon exchange is being prepared as a secondary market for trading carbon certificates, backed by a robust regulatory framework. According to Lufaldy, it is crucial for the government to involve stakeholders to ensure that the exchange effectively supports Indonesia’s climate change mitigation efforts.

He also highlighted that carbon trading has become a key area of interest, not only for domestic stakeholders but also for international investors. The regulatory foundation for this initiative is based on:

  • Presidential Regulation (Perpres) No. 98/2021 on the Implementation of the Economic Value of Carbon.

  • Minister of Environment and Forestry Regulation No. 21/2022 on Procedures for Implementing the Economic Value of Carbon.

  • Law No. 4/2023 on the Development and Strengthening of the Financial Sector, which mandates OJK to oversee the carbon exchange.

Key regulatory elements under preparation in the RPOJK include:

  • Definition of the GHG Emission Reduction Certificate (SPEGRK).

  • Technical Approval of Upper Emission Limits for Business Actors (PTBAE-PU).

  • Rules for business activities, capital, and carbon exchange organizers, including the types of activities and products that may be traded.

“Carbon trading is attracting the attention of all stakeholders. With the right regulations, the carbon exchange will strengthen Indonesia’s competitiveness and support our national climate agenda,” concluded Lufaldy.

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Corporate News
July 7th, 2023

Re.juve Expands to Pekanbaru with “Healthy is The New Happy” Series

Pekanbaru, 17 June 2023 – PT Sewu Segar Primatama (SSP), through its Re.juve trademark, the pioneer and leader of ultra-premium True Cold-Pressed Juice in Indonesia, held a special event series titled “Healthy is The New Happy.” The series featured a Health Talk with medical experts, a Pound Fit session at Ciputra Seraya Mall, and a 5K Fun Run with the local community at Living World Pekanbaru.

This initiative follows the recent opening of Re.juve’s 89th and 90th outlets in Pekanbaru last May, located at Ciputra Seraya Mall (Upper Ground Floor) and Living World (Ground Floor).

“The opening of our new outlets in Pekanbaru reflects Re.juve’s commitment to making our products more accessible, so that more people can #LiveHappier and embrace a sustainable healthy lifestyle. By fulfilling daily nutritional needs with honest, healthy, and delicious food and beverages, we aim to inspire better living,” said Richard Anthony, CEO and President Director of Re.juve, during the Health Talk session.

In collaboration with dr. Sania Dysa Hardi, the Health Talk highlighted the importance of proper nutrition.

“WHO recommends consuming at least 400 grams of fruits and vegetables daily. The vitamins and antioxidants they contain play a vital role in maintaining stamina and preventing disease. For those with limited time or who aren’t fond of vegetables, alternatives like Re.juve’s True Cold-Pressed Juice—made from 100% organic fruits and vegetables with zero added sugar and no preservatives—offer a convenient solution,” explained Dr. Sania.

The event continued with an energetic Pound Fit session, followed the next day by a 5K Fun Run at Living World Pekanbaru, which saw lively participation from the local community.

“We are delighted to see the warm welcome and enthusiasm from the people of Pekanbaru. Hopefully, more consumers will become mindful and selective in choosing healthy food and beverage options—like Re.juve—that truly benefit their well-being,” Richard concluded.

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