Reporting enables organisations to be transparent by disclosing information about your company’s operations in three areas: environmental, social and governance (ESG) to key stakeholders.   

These disclosures help stakeholders make investment decisions. It also supports your company’s ESG transformation journey, by enabling you to track progress over time. 

Companies can use the report as a benchmark and a platform to refine their strategy or set more ambitious goals to advance their journey. 

KEY CLIENT CHALLENGES 

In Indonesia, the main regulatory body for sustainability reporting – the Financial Services Authority (OJK) – does not mandate a specific international standard for reporting. Therefore, companies have the flexibility to choose and use international frameworks or standards along with the minimum reporting requirements. This allows for a more transparent approach to stakeholder communication.

With the myriad of international standards or frameworks, you may have questions when starting to report, such as:

1. Have you considered the importance of choosing appropriate ESG reporting standards and frameworks?
2. How to effectively apply your chosen ESG reporting standards/frameworks?
3. How do you plan to align different standards if you use more than one, while ensuring it fulfils the minimum reporting requirements?
4. Have you conducted a materiality assessment to determine which ESG topics to report on?
5. How will you collect qualitative and quantitative data for your ESG reporting?
6. How will you calculate your company’s greenhouse gas (GHG) emissions?
7. How will you choose the format and structure of your ESG report?

Renoir-CGI’s proprietary reporting process addresses these challenges. We ensure that your report: 

1. Complies with applicable reporting regulations.
2. Is fully aligned with reporting standards and other local/global ESG initiatives.
3. Reflects your company’s performance on all material ESG topics.
4. Captures the various ESG-related initiatives implemented during the year.
5. Provides accurate data that meets the needs of all key stakeholders.
6. Is clearly structured and presented to tell a compelling story.

Renoir-CGI manages the entire reporting process, culminating in a report that is decision useful, aligned with global disclosure standards, and delivers maximum impact.