Jakarta, 22 April 2024 – Treasury, a BAPPEBTI-licensed digital gold investment platform, announced the launch of Green Gold, just in time for Earth Day. Green Gold is the first program in the world to allow investors to actively participate and be responsible for the environment by neutralizing the carbon footprint of gold investments. Driven by the environmental impact of the investment sector, notably gold, this initiative was designed to ease the ability to invest in sustainable gold, in an effort to achieve a greener environment. The production of 1 gram of gold produces at least 28.2 kg of carbon gas, which is released into the air.

Andreas Santoso, the CEO of Treasury, explained, “Green Gold is our way of redefining the meaning of investing in gold, in which we not only hope to invite investors to choose gold as an asset that will continue to increase in value, but also to contribute to maintaining a sustainable environment. This is a step forward towards responsible investment practices, which prioritize environmental sustainability, so that tomorrow will be better and greener.”

For every gold purchase transacted through the Green Gold initiative in Treasury, investors will contribute to planting trees and thus be involved in carbon footprint reduction projects designed to mitigate the negative impacts gold mining and trading activities cause on the environment.

Key Features of the Green Gold Treasury Initiative:

• Environmentally Friendly Gold Investment: The Green Gold initiative at Treasury eases the ability to invest in gold while supporting the journey towards a sustainable environment.
• Commitment to Plant Trees: For every gold investment with Green Gold, Treasury will plant trees in areas experiencing deforestation. This effort will aid in carbon sequestration, habitat restoration, and the conservation of biodiversity.
• Reducing Carbon Footprint: Treasury is committed to reducing the carbon footprint caused by gold mining and other investment activities so that gold investments done through Treasury do not leave a carbon footprint or are carbon neutral.
• Transparency and Tracking: Investors will receive reports so they can monitor the contribution of their gold investments in Treasury towards tree planting projects and reducing carbon footprints, in an effort to achieve environmental sustainability.

“We believe that achieving financial prosperity can be done without sacrificing the sustainability of our earth. Green Gold is a revolutionary step in realizing the importance of environmentally responsible investments,” Andreas concluded.

About Treasury

Starting operations in November 2018, Treasury is an application for buying and selling physical gold digitally, which is the first to obtain permission from BAPPEBTI. Treasury can be accessed via mobile apps which can be downloaded through Google Playstore and the App Store. Additionally, Treasury also provides various other services regarding gold, such as Gold Transfer, Inheritance, and Physical Gold Printing in ANTAM and UBS Gold deposits.

Treasury has become a member of the Indonesian Digital Gold Traders Association (PPEDI), obtaining a certificate from the Ministry of Communication and Information (KEMKOMINFO) as an electronic service provider. To ensure transaction certainty, Treasury has collaborated with the clearing institution ICH (Indonesia Clearing House) and the Indonesia Commodity and Derivatives Exchange (ICDX) as transaction guarantors.