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Tri Hita Karana Forum: Better Business, Better World A global pledge for our better future

Tri Hita Karana Forum: Better Business, Better World was held in Nusa Dua, Bali on 10th-11th October 2018. The forum was an avenue to promote principles of sustainability and to combine the collective efforts of every relevant stakeholder to mobilize necessary financial innovations to achieve SDGs.

Serving as the co-chair, UID co-organized THK Forum with the assistance of the International Chamber of Commerce (ICC), the Blended Finance Taskforce and the United Nations Sustainable Development Solutions Network (UN SDSN) as well as an extensive list of partners including the Coordinating Ministry for Maritime Affairs, the Coordinating Ministry for Economic Affairs, Ministry of Finance and members of the Government Task Force: Financial Services Authority (OJK), Bank of Indonesia, Coordinating Board of Investment (BKPM), Ministry of Foreign Affairs, Ministry of National Development and Planning, Ministry of Communication and Informatics, Sarana Multi Infrastruktur (SMI) and the Committee for Acceleration of Priority Infrastructure Delivery (KPPIP). Other technical Ministries also co-organized the forum, including the Ministry of Industry, Ministry of Public Works and Public Housing as well as the Ministry of Rural Development and Transmigration.

Other supporting partners include the World Bank Group, the IMF, China Development Bank, Asian Development Bank, OECD, World Economic Forum, the Milken Institute, Tsinghua University, the University of Indonesia, Udayana University,the Employer’s Association of Indonesia (APINDO), Indonesia Chamber of Commerce (KADIN), HSBC, Gajah Tunggal, GT, Mitra Adiperkasa (MAP), Starbucks and Unilever.

Tri Hita Karana forum saw the participation of a list of high-profile guests, including President Joko Widodo who gave an inspiring speech on happiness—noting how Indonesia ranks among the countries with the highest level of happiness. Other notable guests include Minister Bambang Brodjonegoro of BAPPENAS, Coordinating Minister Luhut Binsar Panjaitan of the Coordinating Ministry of Maritime Affairs, Minister Rudiantara of the Ministry of Communications and Informatics, Governor Agus Widjojo of the National Resilience Institute, United Nation’s Jeffrey Sachs and Unilever’s Paul Pollman among others. A total of 500 participants attended the plenary discussions and workshop sessions.

The THK Forum also witnessed the pledge made by all stakeholders to solidify their commitment to continue the pursuit of sustainability. UID believes that such great endeavor requires the collective effort of all—and the THK Forum marks the start of a great impact, one that would hopefully benefit the world for generations to come.

Posted on 20 February 2019.