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Gunung Raja Paksi champions sustainability initiatives in Southeast Asia with USD 32 million sustainability-linked loan from BNI

With the newly secured loan, Gunung Raja Paksi will be looking to further its ESG strategy initiatives as outlined in their handbook

JAKARTA, INDONESIA - Media OutReach - 28 December 2022 - PT Gunung Raja Paksi (GRP), a member of Gunung Steel Group and one of the largest private steelmakers in Indonesia, has secured a USD 32 million sustainability-linked loan from the national bank of Indonesia, Bank Negara Indonesia (BNI), making them the first steelmaker within the country to do so.

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