Introduction. Interest in the countries of Southeast Asia has increased many times in recent years due to sanctions. A number of experts expressed concern that the ESG agenda in Russia would become less relevant, and sustainable development practices would be less in demand. However, these fears were not confirmed, since the green agenda is at a high level in Asian countries. It is important for Russian business to understand the processes taking place in the countries of this region. Indonesia was chosen as the object of study as the largest economy and the largest emitter of greenhouse gases in the region. The country has adopted the goal of achieving carbon neutrality by 2060. Indonesia is decarbonizing due to the negative effects of global warming on the climate and nature of this state, as well as due to pressure from the international community.Materials and methods. The paper analyzes statistical information, assessments of scientific groups and organizations, reports of ministries. Methods of analysis and synthesis, generalization and comparison, induction, etc. were used.Results. As a result of the analysis, it was revealed that in the country, in the interests of implementing the sustainable development agenda and ESG, a “Long-term strategy for low-carbon development and climate resilience until 2050”, an energy policy, a Forestry Law aimed at preserving forests, etc. .normative acts. Technological and organizational and managerial methods of decarbonization are actively used in state and corporate management. The main emphasis was placed on the restructuring of the energy sector (reducing the share of energy produced at thermal power plants in the energy balance and increasing the share of renewable energy sources); fight against deforestation; development of a subsidizing system for the purchase of electric vehicles; adoption of a "green taxonomy"; involvement of SMEs in green activities within the supply chains of large companies, etc.Discussion and conclusion. The paper substantiates that the government of Indonesia assigns the main role in reducing emissions to the fight against deforestation. The goals and actions for the transition of the energy sector to RES conflict with the tasks of the coal industry. It is necessary to coordinate goalsetting at different levels of government, between different ministries, as well as with business. A conclusion is made about promising tools for reducing CO2 emissions from the point of view of application in Russia.