IBC Brings Indonesia's Voice to the Asia-Pacific Sustainable Business Summit 2026

The Indonesian Business Council (IBC) participated in the Asia-Pacific Sustainable Business Summit 2026, held as part of the Global Sustainable Development Congress, joining policymakers, business leaders, and international organizations to discuss how governance can accelerate the transition toward a more sustainable and competitive economy. The session, Governing for Sustainable Impact, explored how sustainability can move beyond corporate reporting and become embedded in board oversight, capital allocation, risk management, and business strategy.

The summit reflected a growing global consensus that sustainability is no longer a peripheral corporate agenda. Instead, it is increasingly shaping investment decisions, regulatory frameworks, supply chains, and long-term competitiveness. As governments and markets raise expectations, effective governance is emerging as the critical bridge between sustainability ambition and tangible business outcomes.

Representing IBC, Prayoga Wiradisuria, Director of Policy and Programme, emphasized the importance of strong public-private collaboration in translating sustainability ambitions into practical implementation. He highlighted that businesses should view regulation not merely as a compliance requirement, but as a strategic signal that helps companies anticipate future market direction, strengthen resilience, and improve access to capital. He also underscored that sustainable governance delivers the greatest value when it is integrated into investment decisions and core business strategy rather than treated as a standalone reporting function.

“Sustainability governance should not be treated as a brake on business. Done properly, it is the steering system that helps companies navigate risk, attract capital, and remain competitive in a changing economy,” he added.

Through its participation, IBC reaffirmed its commitment to fostering constructive dialogue between business and government, supporting practical policy development, and helping position Indonesian businesses to thrive in an increasingly sustainability-driven regional and global economy.