XM and Sukses Filantropi team up for environmental project in Indonesia
XM boosts ESG in Purwasari
XM, a global Forex and CFD broker, has announced the successful completion of an environmental initiative carried out in collaboration with Sukses Filantropi, a leading non-profit organization in Indonesia specializing in sustainable development.
The joint efforts focused on reforestation in the village of Purwasari, where 450 tree saplings were planted to support local ecosystems.
As part of the tree planting project, a variety of sapling species were selected, including fruit-bearing varieties such as Durian Bawor and Harumanis Mango, as well as fast-growing deciduous trees like mahogany and albizia, which offer important environmental benefits. These species were carefully chosen to improve air quality, prevent soil erosion, and restore biodiversity in the region.
Sukses Filantropi provided on-site support by mobilizing local volunteers and offering expert guidance on species selection and planting techniques. Thanks to its extensive experience in implementing environmental projects involving local communities, the event proved to be both educational and practical for the residents.
XM expands ESG efforts globally
This initiative is part of XM’s broader corporate social responsibility (CSR) program, which focuses on sustainable development, combating climate change, and supporting local communities. By investing in reforestation and environmental protection, the company makes a tangible contribution to addressing the climate crisis while supporting vulnerable regions.
The greening campaign in Purwasari is one of several regional initiatives XM has implemented in recent years as part of aligning its operations with ESG (Environmental, Social, and Governance) standards.
Previously, XM partnered with the humanitarian organization Human Initiative to carry out a charitable initiative supporting elderly people in South Jakarta who are in need of assistance.
These initiatives carried out by XM serve as a strong example of how the financial sector can contribute to tackling climate change and supporting local communities.
