Limited Liability Companies Law No. 40/2007.

This law relates to Limited Liability Companies. Article 66 mandates all limited liability companies to include coverage of environmental and social responsibility programs in the annual report.

Issuer name

Ministry of Law and Human Rights

More information

Social and Environmental Responsibility as referred to in paragraph (1) shall constitutes the obligation of the Company which is budgeted and calculated as the cost of the Company, implementation of which shall be performed with due observance to the appropriateness and fairness. The Company which fails to perform its obligation as referred to in paragraph (1) shall be imposed with sanction in accordance with the provision of regulation.

Comply or explain

True

Organizations covered by the instrument

Large private and listed companies

Target organization notes

Applies to all limited liability companies

Industry scope

All/none specified

Disclosure venue

Annual report

ESG coverage- G (Governance)

Structure & Leadership, Remuneration, Stakeholder Engagement

ESG coverage- Eco (Economic & General)

Economic performance

Status

Current

Country

Indonesia

Region

Asia Pacific

Date of publication

2007

Issuer type

Governments (governmental department, agency)

Reporting requirements

Public law and regulation

Mandatory or voluntary

Mandatory

The geographical scope

National/federal

Go to the instrument