ANALYSIS OF SUSTAINABILITY REPORT DISCLOSURE AND SUSTAINABILITY PERFORMANCE IN ENERGY, OIL AND GAS CLUSTER STATE-OWNED COMPANIES

Abstract

This study aims to analyze the disclosure of Sustainability Report (SR) and sustainability performance in Energy, Oil, and Gas Cluster BUMN Companies. This research takes PT Perusahaan Listrik Negara (Persero) and PT Pertamina (Persero) as research subjects. The research method used is descriptive quantitative method. The variables studied include Sustainability Report and sustainability performance. The results of this study indicate that the level of disclosure of Sustainability Report (SR) of PT Perusahaan Listrik Negara (PLN) and PT Pertamina shows a positive increase. PT PLN recorded an increase from 84% in 2021 to 88% in 2022. Meanwhile, PT Pertamina recorded an increase from 88% in 2021 to 100% in 2022. This increase reflects the company's commitment and efforts in improving transparency and accountability related to sustainability. The sustainability performance of PT Perusahaan Listrik Negara (PLN) and PT Pertamina has made positive achievements in environmental, social and economic aspects. Although there is an increase in environmental impacts, the companies still strive to reduce negative impacts by making positive contributions to ecosystem preservation. The results of this study can increase company awareness of the importance of sustainability. By realizing that sustainability performance can improve the company's reputation and increase trust from stakeholders.