Sustainability Reporting
According to GRI Sustainability Reporting Standards (GRI Standards), sustainability reporting is a communication tool that provides transparency on how a company manages and addresses its significant impacts on the economy, environment and people.
Sustainability reporting has been growing rapidly in recent years mainly due to the increased demand for Environmental, Social and Governance (ESG) information from investors that consider ESG issues in their investment decision-making process.
In addition, growing legislation on mandatory sustainability reporting in many countries has contributed to a significant increase in company sustainability reports. One such legislation is Indonesia Financial Services Authority (OJK) Regulation No. 51/2017 on Sustainable Finance Implementation, that requires financial services institutions and public companies in Indonesia to prepare and submit annual sustainability reports to the OJK.
However, the 2020 study of sustainability reports of public companies in Indonesia that Moores Rowland Indonesia carried out, in cooperation with the Foundation for International Human Rights Reporting Standards (FIHRRST), reveals that a majority of the sustainability reports do not meet most of the sustainability report criteria provided in the OJK regulation.
Contact:
Moores Rowland Indonesia provides assistance for Indonesian companies that assures they develop their sustainability reports in accordance with the OJK regulation.
In addition, we help companies in Indonesia and beyond in writing their sustainability reports in accordance with GRI Standards.
You can reach us via the following contact details:
contact-jakarta@moores-rowland.com
+62 21 720 2605, ext. 139
