Presenters Name: Niko Safavi

Employment Title: Chief Executive Officer

Company: Mowilex

Biography: Niko Safavi, CEO of PT Mowilex Indonesia since May 2019, spearheaded transformative initiatives across various fronts, propelling the company to new heights. His strategic vision ushered in a wave of advancements in research and development, staff management, IT systems, and supply chain efficiencies. Under his guidance, Mowilex garnered prestigious awards, including the Best Managed Company in Indonesia by Deloitte twice, and accolades from Frost & Sullivan for management, CSR, brand recognition, product excellence, environmental stewardship, and innovation. Niko expanded Mowilex’s presence with a state-of-the-art facility in Indonesia and successful market penetrations in North America and Southeast Asia.

Before joining Mowilex, Niko Safavi held pivotal roles in the banking sector, including Chief of Staff at Aozora Bank in Japan, Senior Managing Executive Officer overseeing Risk Management, Senior Vice President at Union Bank, and Vice President in the capital markets division at Bank of America across Hong Kong, San Francisco, and New York. His career began in regulatory roles within the U.S. banking industry. Niko is an alumnus of Stanford University’s Graduate School of Business Executive Program and holds a degree in Economics from San Francisco State University.

Presentation Title: Sustainability’s Conclusion – The Dawn of Environmental Accountability

Presentation Abstract: Historically, corporate executives and managers were tasked with juggling the interests of three primary stakeholders: customers, employees, and shareholders, all within the bounds of regulatory requirements. However, a new stakeholder has emerged as equally critical: the environment. Previously silent, the environment has found its voice through the power of social media, where both positive and negative environmental impacts made by companies can significantly sway public opinion and ultimately performance. This influence extends beyond public perception, impacting regulatory actions and even the dynamics of the capital markets. The broadened scope of corporate responsibility has led to a dual-edged outcome: on one hand, it has encouraged greater transparency and disclosures about environmental practices; on the other, it has given rise to greenwashing tactics. Ultimately, the key to earning the trust of all stakeholders lies in the commitment to transparency and the prioritization of “environmental responsibility” over mere “sustainability.