Does the COVID-19 Pandemic Affect the Transparency of Indonesian Industrial Companies in Managing Energy, Water, Carbon Emissions, and Wastes?

DOI

10.2991/978-2-494069-35-0_34How to use a DOI?

Keywords

Environmental disclosure; industrial company; impacts of COVID-19; Global Reporting Initiative

Abstract

The COVID-19 pandemic affected Indonesia's economic growth which was marked by an economic growth of -2.1% in 2020. This economic contraction also affected the growth of industrial companies in Indonesia in the same year by -2.93%. These minus growths are also likely to reduce the transparency quality of industrial companies in managing their environmental impacts. This study aims to identify the effect of COVID-19 on the transparency of industrial companies in managing energy, water, carbon emissions, and waste. By analyzing the annual reports of 125 industrial companies operating in Indonesia, it was found that there was a significant decrease in the number of industrial companies reporting on energy, water, carbon emissions, and waste management in their annual reports. The number of companies reporting energy and water management decreased significantly during the pandemic, while the decline in the number of companies reporting carbon and waste emissions was not statistically significant. The Ministry of Forestry and Environment and the Indonesian Institute of Accountants need to facilitate industrial companies to disclose environmental reports in their annual reports.

Copyright

© 2023 The Author(s)

Open Access

Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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TY  - CONF
AU  - Heri Yanto
AU  - Dan Maryati
PY  - 2023
DA  - 2023/01/17
TI  - Does the COVID-19 Pandemic Affect the Transparency of Indonesian Industrial Companies in Managing Energy, Water, Carbon Emissions, and Wastes?
BT  - Proceedings of the Unima International Conference on Social Sciences and Humanities (UNICSSH 2022)
PB  - Atlantis Press
SP  - 270
EP  - 277
SN  - 2352-5398
UR  - https://doi.org/10.2991/978-2-494069-35-0_34
DO  - 10.2991/978-2-494069-35-0_34
ID  - Yanto2023
ER  -