Jakarta, Indonesia — UN Women and Srikandi BUMN have signed a memorandum of understanding (MoU) to strengthen collaboration in accelerating gender equality and women’s empowerment in the business sector.

Operating under the auspices of Indonesia’s Ministry of State-Owned Enterprises (KBUMN) and the Indonesian Human Capital Forum (FHCI), Srikandi BUMN is a women’s community of State-Owned Enterprises dedicated to fostering an inclusive and equitable work environment for women in BUMN. Building on Srikandi BUMN's commitment and UN Women’s universal mandate to advance gender equality, the MoU will leverage synergies that aim to enhance businesses' efforts to drive positive change for women in Indonesia.
Operating under the auspices of the Indonesian Ministry of State-Owned Enterprises and the Indonesian Human Capital Forum, Srikandi BUMN is a women’s community of state-owned enterprises dedicated to fostering an inclusive and equitable work environment for women in these enterprises.
The MoU was signed by Ulziisuren Jamsran, UN Women Indonesia Representative and Liaison to ASEAN, and Fikha Lutfi, Chairwoman of Srikandi BUMN. Concurrently, four state-owned enterprises — ANTAM, BTN, InJourney and WIKA — also signed UN Women’s Women's Empowerment Principles to demonstrate their commitment as leaders in achieving gender equality.
Advancing gender equality in Indonesia could add $135 billion to its annual GDP, 9 per cent above business as usual. Companies with three or more women in senior management roles consistently outperform across all organizational dimensions. The Minister of State-Owned Enterprises, Erick Thohir, set a target of 25 per cent of women in leadership roles within state-owned enterprises. In line with this, Srikandi BUMN commits to become the catalyst in achieving the targeted number of women in state-owned enterprises’ boards of directors.
The MoU establishes a framework whereby both parties will work closely to:
(a) Jointly develop and implement capacity-building on gender-responsive business practices within state-owned enterprises;
(b) collaborate on research initiatives to review and develop gender equality and women’s empowerment policies; and
(c) give technical assistance to Srikandi BUMN in adopting and integrating Women Empowerment Principles into business culture and practices.
Lutfi said: “By adopting positive workplace practices and building synergies, we can set a strong example and have more women leaders advancing BUMN performance.”
Jamsran said: “Partnering with Srikandi BUMN marks a pivotal step towards a more inclusive and equitable business landscape in Indonesia. By empowering women and championing gender equality, we unlock vast potential and drive sustainable economic growth.”
Since 2021, UN Women and Srikandi BUMN have joined forces to promote leadership and empowerment for women in BUMN through the Women’s Empowerment Principles. Established by UN Women and United Nations Global Compact, the principles provide businesses with guidance to advance gender equality in the workplace, marketplace and community. To date, 14 state-owned enterprises have signed on to the principles. These signatories emerged as leaders at the 2024 Women’s Empowerment Principles Awards.
This partnership is supported by UN Women’s new initiative, Gender Action Lab: Innovation and Impact for Gender Equality in Asia-Pacific, supported by the Australian Government Department of Foreign Affairs and Trade. The initiative aims to advance the commitment of Indonesian companies in adopting gender-responsive business policies and practices.
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Radhiska Anggiana
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