2024- 5 editions since 2020
- 150 companies in the 2024 edition
- 33 ESG factors
Why we publish it
A roadmap inside, a signal outside
The report sets out BGK Foundation's role as a strategic partner in corporate sustainability.
- 01
For companies
A roadmap to strengthen ESG (LST) reporting, factor by factor.
- 02
For Indonesia
A tool to accelerate Indonesia's Net Zero goals, boost market competitiveness and build radical transparency with stakeholders.
ESG issues have become highly strategic and relevant, increasingly regarded as the new 'legacy' of modern companies.
All editions
Five years of disclosure analysis
Pick an edition to see what it found, then download it as a PDF.
Annual report 2024
Analysis of ESG Disclosure Practices of National Companies, 2023 Period
Period 202361 pages
150companies analysed122 listed (33 in LQ45) · 28 non-listed
46.60%average disclosure scoreUp from 37.25% in the previous period
Disclosure by pillar
Average across 122 listed companiesEnvironmental47%
Social43%
Governance45%
Top performers
- 1ITMGPT Indo Tambangraya Megah Tbk96%
- 2PTBAPT Bukit Asam Tbk95%
- 3BBRIPT Bank Rakyat Indonesia (Persero) Tbk94%
Most disclosed
68%Disclosure practicesG9Least disclosed
25%Supplier code of conduct; human rightsG5 · S10Annual report 2023
Analysis of ESG Disclosure Practices of National Companies, 2022 Period
Period 202256 pages
142companies analysed124 listed (36 in LQ45) · 18 non-listed
37.25%average disclosure scoreUp from 30.58% in the previous period
Disclosure by pillar
Average across 124 listed companiesEnvironmental37%
Social35%
Governance37%
Top performers
- 1BBRIPT Bank Rakyat Indonesia (Persero) Tbk93%
- 2ANTMPT Aneka Tambang Tbk92%
- 3PTBAPT Bukit Asam Tbk91%
Most disclosed
60%Disclosure practicesG9Least disclosed
22%Forestry CSRE11Annual report 2022
Analysis of ESG Disclosure Practices of National Companies, 2021 Period
Period 202137 pagesBahasa Indonesia only
141companies analysed124 listed (35 in LQ45) · 17 non-listed
30.56%average disclosure scoreUp from 26.77% in the previous period
Disclosure by pillar
Average across 124 listed companiesEnvironmental29%
Social28%
Governance31%
Top performers
- 1ABMMPT ABM Investama Tbk93%
- 2BBRIPT Bank Rakyat Indonesia (Persero) Tbk92%
- 3PT Pupuk Kalimantan Timur91%
Most disclosed
61%Disclosure practicesG9Least disclosed
12%CEO pay ratioS1Annual report 2021
Analysis of ESG Disclosure Practices of National Companies, 2020 Period
Period 202037 pages
124companies analysed101 listed (35 in LQ45) · 23 non-listed
25%average disclosure scoreFirst edition to cover listed companies
Disclosure by pillar
Average across 101 listed companiesEnvironmental24%
Social25%
Governance28%
Top performers
- 1PT Pupuk Kalimantan Timur88%
- 2PT Pupuk Indonesia (Persero)86%
- 3BJBRPT Bank Pembangunan Daerah Jawa Barat dan Banten Tbk86%
Most disclosed
54%Disclosure practicesG9Least disclosed
11%CEO pay ratioS1Annual report 2020
Analysis of ESG Disclosure by the Indonesian Banking Sector, 2018-2019
Period 2018-201934 pagesPublished as Bumi Global Karbon
21banks analysed7 BUKU IV · 11 BUKU III · 3 BUKU II
95%of banks published their sustainability report alongside the annual report
Disclosure by pillar
2019 scores across 21 banksEnvironmental17%
Social20%
Governance28%
The trend
Disclosure keeps rising
Average ESG disclosure score of the companies analysed, as published in each edition.
+21.6points between the 2020 and 2023 periods
The 2020 edition looked at 21 banks for 2018-2019 with a different scope, so it is not charted.
| Edition | Period | Companies | Average score |
|---|---|---|---|
| 2021 | 2020 | 124 | 25% |
| 2022 | 2021 | 141 | 30.56% |
| 2023 | 2022 | 142 | 37.25% |
| 2024 | 2023 | 150 | 46.60% |
Next edition
See how your company discloses
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