Jakarta (ANTARA) – Indonesia is drafting a regulation on business and human rights to strengthen legal certainty, attract investment, and ensure human rights protections across business activities, Human Rights Minister Natalius Pigai said on Wednesday. Pigai said the regulation would establish a framework for assessing companies' compliance with human rights principles while providing greater legal certainty for businesses and protecting communities affected by commercial activities. “The success of businesses in the future will no longer be measured solely by the size of their profits, but also by their commitment to respecting and protecting human rights,” Pigai said while opening a cross-sector forum involving communities and businesses in Bandung, West Java, on Tuesday. He said sustainable economic growth must be built on respect for human rights through responsible business practices that protect workers, local communities, and the environment. According to Pigai, the regulation is expected to help prevent human rights violations while fostering a fair, sustainable business environment with stronger legal certainty. He added that adopting business and human rights principles could also strengthen investor confidence and improve Indonesia's position in global supply chains. ​​​​​​​Pigai called on regional governments, businesses, academics, community organizations, and civil society to strengthen collaboration in implementing business and human rights principles so that economic development advances alongside human rights protection. The Ministry of Human Rights is also preparing a presidential regulation on business and human rights to strengthen human rights safeguards in commercial activities while enhancing the competitiveness of Indonesian companies and increasing foreign investor confidence. The regulation will establish a compliance assessment mechanism requiring businesses to identify and report performance against a set of human rights indicators. The draft presidential regulation is expected to enter the interministerial harmonization process before being submitted to President Prabowo Subianto. The government plans to begin public outreach in 2026, followed by a pilot program in 2027 involving companies employing more than 2,000 workers. The ministry said responsible business practices are expected to improve worker productivity, strengthen corporate reputation, enhance consumer loyalty, and increase companies' market value and revenue.