Jakarta, June 23 -- The Environment Ministry has said that the Corporate Performance Rating Program in Environmental Management (PROPER) can be an indicator of both environmental and financial risks for companies.

Deputy for environmental pollution and damage control (PPKL) at the ministry, Rasio Ridho Sani, said that the ministry wants PROPER to serve as an external control instrument that can be used by banking partners and investors of participating companies.

"We also hope that PROPER can be used--the information--for business partners of the company, including banks, capital market parties," he said on the sidelines of the 2025 World Environment Day (HLH) Expo and Forum in Jakarta on Monday.

"So investors, including lenders, can s...