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KBRA Releases Research – Indonesia’s Capital Relocation Highlights ESG Concerns

January 22, 2020 GMT

NEW YORK--(BUSINESS WIRE)--Jan 22, 2020--

Kroll Bond Rating Agency (KBRA) releases a new report that highlights how Environmental, Social and Governance (ESG) factors have influenced Indonesia’s decision to relocate its capital city to Borneo from Jakarta. This move serves as an example of how ESG challenges can influence public policy decisions and motivate responses. It also highlights the complexity of decision-making around ESG considerations—as often is the case in policymaking, there are opportunity costs.

The key takeaways from this report are:

To view the report, click here.

Related Publications: (available at www.kbra.com )

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About KBRA and KBRA Europe

KBRA is a full-service credit rating agency registered with the U.S. Securities and Exchange Commission as an NRSRO. In addition, KBRA is designated as a designated rating organization by the Ontario Securities Commission for issuers of asset-backed securities to file a short form prospectus or shelf prospectus. KBRA is also recognized by the National Association of Insurance Commissioners as a Credit Rating Provider and is a certified Credit Rating Agency (CRA) by the European Securities and Markets Authority (ESMA). Kroll Bond Rating Agency Europe Limited is registered with ESMA as a CRA.

View source version on businesswire.com:https://www.businesswire.com/news/home/20200122005498/en/

CONTACT: Analytical Contacts:

Joan Feldbaum-Vidra, Managing Director

+1 (646) 731-2362

jfeldbaumvidra@kbra.comEmilie Nadler, Associate, ESG

+1 (646) 731-3386

enadler@kbra.comBusiness Development Contact:

Mauricio Noé, Senior Managing Director, Head of Europe

+44 777 193 6570

mnoe@kbra.com

KEYWORD: UNITED STATES NORTH AMERICA NEW YORK

INDUSTRY KEYWORD: BANKING PROFESSIONAL SERVICES FINANCE

SOURCE: Kroll Bond Rating Agency

Copyright Business Wire 2020.

PUB: 01/22/2020 09:41 AM/DISC: 01/22/2020 09:41 AM

http://www.businesswire.com/news/home/20200122005498/en