Abstract:
The sustainability principle in the business has become an international trend recently and lead to the business
sustainability situation, requiring a corporate performance to be measured, disclosed, and accounted for using
three dimensions: economy, social, and environmental. This study investigates the extent to which Indonesian
companies have prepared sustainability reporting since the beginning (2006) to the mandatory regulation issued
by Financial Service Authorities (2017). The characteristic of environmental-sensitive and non-sensitive companies
in preparing sustainability reporting were also examined. This study attempts to provide information on
sustainability reporting practices by collecting quantitative data through content analysis of companies’ sustainability
reports. The stand-alone sustainability reports of the companies during the period of 2006–2019 were
used to extract the sustainability disclosures, revealing 887 sustainability reports evaluation. The study finds that
the sustainability reporting trend in Indonesia increases from year to year. Indonesian companies (sensitive and
non-sensitive industry) mainly disclosed most information on economic information, social, and followed by
environmental aspects. The second most disclosed by sensitive industry is community engagement, while one
disclosed by the non-sensitive industry is information related to the new employee and employee turnover. The
Human Rights indicators have the lowest disclosure percentage among others.
