Name : Intan Nurmaya

NIM : 632002020081

Course : Social Responsibility Accounting (Sustainability Accounting)

Lecturer : Prof. Eko Ganis Sukoharsono, SE, MCom (Accy), MCom-Hons, CSRS, CSRA, CA Ph.D

Mid Term Exam

1. Sustainability Accounting is used to describe new information management and accounting

methods that aim to create and provide high quality information to support a corporation in its
movement towards sustainability. So, sustainability accounting can be defined as the result of the
process and measurement of the accounting system to convey how financial governance is
managed and takes into account environmental sustainability.
2. Based on the sustainability report of PT Austindo Nusantara Jaya with the definition of
sustainability accounting, it can be said that the sustainability report has an influence on company
value. The sustainability report of PT Austindo Nusantara Jaya is relevant to the definition of
sustainability accounting because the sustainability report has provided clear, complete and
relevant information to interested parties, especially investors, where investors use the report to
make investment decisions.
3. The CEO's key statement relevant to the Sustainable Development Goals is “Sustainability has
been embedded in our vision to become a world-class agribusiness-based food company that
improves the lives of people and nature by prioritizing the health and safety of our employees,
developing in the local community, and working towards realizing environmental impacts. better
where we operate.” The sustainability report describes three pillars of sustainable development:
Business Prosperity, People and Planet. Where these three pillars are interdependent; without one,
the other cannot develop. Each pillar has its own requirements: 1) long-term economic
sustainability (Business Prosperity) requires reasonable and sustainable returns for its
shareholders. 2) Human welfare (Humans) requires social and economic growth, and stewardship
of natural resources and 3) environmental management (Planet) requires wise management of the
environment and conservation of natural habitats, such as forests and peatlands, which also
provide benefits (such as water ) for the Company.
The United Nations Sustainable Development (UN SDG) goals are ambitious goals to improve
the welfare of present and future generations. The company believes that it has contributed to the
achievement of the SDGs through:
 Direct business activities - the products they produce and how to produce them;
 Payment of taxes and royalties which are then used by the government;
 Direct and indirect job opportunities created, including our supply chain; and
 Our investments are voluntary in the social sector.
4. Based on the company's sustainability concerns, namely business prosperity (company business
performance), people (social responsibility to employees and the company community), and the
planet (natural resource stewardship and environmental management), the sustainability report
has realized this attention program well despite the challenges of uncertainty. world geopolitics
and the trade war between the US and China and other challenges. This realization includes
implementing a fire prevention and management plan by alerting the fire prevention and handling
team around the border, receiving the 2019 Green award from the Company Performance Rating
Program in Environmental Management (PROPER) which is an acknowledgment of the
company's efforts to manage the environment in a sustainable manner and become one of the top
ranked palm oil companies in Indonesia in reporting transparency. This Sustainability Report
details the company's economic, social and environmental performance so that it can provide an
accurate picture to stakeholders.
As an evaluation of a sustainability report, companies should meet all the standards in POJK 51
so that this sustainability report can be truly accurate and accountable.
5. The company has met almost all of the standards used. In the sustainability report of PT Austindo
Nusantara Jaya following the steps, rules and recommendations contained in the standards,
namely GRI and POJK 51. GRI recommendations for increasing the credibility of sustainability
reports through assurance have been carried out by the company by announcing to stakeholders
that TUV Rheinland Indonesia has provided assurance. Type 2, Moderate Level for the 2019
Sustainability Report. GRI standards have been fully implemented in the sustainability report of
PT Austindo Nusantara Jaya.
However, for POJK 51 Standards there are several regulatory standards that are not reported
(percentage of permanent employee remuneration at the lowest level of regional minimum wages,
the amount of waste and effluent generated based on the type and amount and material of
environmental complaints Life that is accepted and completed) and cannot be applied
(Explanation of the response of LJK, Issuer, and Public Company to issues related to the
implementation of Finance Sustainable; Achievement of performance in implementing
Sustainable Finance; Comparison of target and portfolio performance, financing targets, or
investment in instruments finance or projects that are in line with the implementation of
Sustainable Finance, etc).
6. The standards that companies use to prepare Sustainability Reports are GRI Standards:
Comprehensive Option and in accordance with Financial Services Authority Regulation No.
51/POJK.03/2017 (POJK 51) concerning the Implementation of Sustainability Finance for
Financial Institutions, Public Companies and Public Companies issued by the Indonesian
Financial Services Authority (OJK).