Corporate Energy Management Disclosure : Empirical Evidence from Indonesia Stock Exchange
Energy is one of the vital needs for humans. Indonesia as a developing country faces problems in ensuring the availability of energy. The aim of this research is to explore the development of practice energy management disclosure in accordance with GRI 302 (energy) in energy sub-sector companies li...
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| Format: | Article |
| Language: | English |
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EconJournals
2023-03-01
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| Series: | International Journal of Energy Economics and Policy |
| Subjects: | |
| Online Access: | https://econjournals.com/index.php/ijeep/article/view/14059 |
| _version_ | 1797860871597195264 |
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| author | Meiryani Meiryani Shi-Ming Huang A. S. L. Lindawati Agung Purnomo Mochammad Fahlevi Gazali Salim |
| author_facet | Meiryani Meiryani Shi-Ming Huang A. S. L. Lindawati Agung Purnomo Mochammad Fahlevi Gazali Salim |
| author_sort | Meiryani Meiryani |
| collection | DOAJ |
| description |
Energy is one of the vital needs for humans. Indonesia as a developing country faces problems in ensuring the availability of energy. The aim of this research is to explore the development of practice energy management disclosure in accordance with GRI 302 (energy) in energy sub-sector companies listed on the Indonesia Stock Exchange (IDX) through disclosures issued by each company. This study uses secondary data collected from reports published by energy sub-sector companies listed on the Indonesia Stock Exchange (IDX) and can be accessed online. Data analysis was carried out using the data analysis model of Miles and Huberman (1992), namely data reduction, data presentation, drawing conclusions, and verification. The results of this study indicate that only thirty-six out of 74 energy subsector companies (49%) report energy management disclosure according to GRI 302 (energy) for three consecutive years (2020-2022). Nineteen out of thirty-six companies attach a GRI Index Reference to their GRI 302 (energy) reports. Meanwhile, the other thirty-eight companies did not attach the GRI Index Reference in their reports. The company is expected to develop a power plant that uses renewable energy as its energy source. By using renewable energy, companies can reduce consumption of non-renewable energy, and play a role in reducing CO2 emissions in the environment.
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| first_indexed | 2024-04-09T21:52:59Z |
| format | Article |
| id | doaj.art-3e6ff0487bd54ad59524c968758f0742 |
| institution | Directory Open Access Journal |
| issn | 2146-4553 |
| language | English |
| last_indexed | 2024-04-09T21:52:59Z |
| publishDate | 2023-03-01 |
| publisher | EconJournals |
| record_format | Article |
| series | International Journal of Energy Economics and Policy |
| spelling | doaj.art-3e6ff0487bd54ad59524c968758f07422023-03-24T10:14:01ZengEconJournalsInternational Journal of Energy Economics and Policy2146-45532023-03-0113210.32479/ijeep.14059Corporate Energy Management Disclosure : Empirical Evidence from Indonesia Stock ExchangeMeiryani Meiryani0Shi-Ming Huang1A. S. L. Lindawati2Agung Purnomo3Mochammad Fahlevi4Gazali Salim5Department of Accounting, School of Accounting, Bina Nusantara University, Jakarta Indonesia,Department of Accounting and Information Technology, National Chung Chen University, Taiwan,Department of Accounting, School of Accounting, Bina Nusantara University, Jakarta Indonesia,Department of Entrepreneurship, BINUS Business School Undergraduate Program, Bina Nusantara University Jl. K.H. Syahdan No. 9 Kemanggisan, Jakarta 11480, Indonesia,Department of Management, BINUS Online Learning, Bina Nusantara University, Jakarta 11480, Indonesia,Department of Aquatic Resource Management, Faculty of Fisheries and Marine Science, Borneo University, Tarakan, North Kalimantan, Indonesia. Energy is one of the vital needs for humans. Indonesia as a developing country faces problems in ensuring the availability of energy. The aim of this research is to explore the development of practice energy management disclosure in accordance with GRI 302 (energy) in energy sub-sector companies listed on the Indonesia Stock Exchange (IDX) through disclosures issued by each company. This study uses secondary data collected from reports published by energy sub-sector companies listed on the Indonesia Stock Exchange (IDX) and can be accessed online. Data analysis was carried out using the data analysis model of Miles and Huberman (1992), namely data reduction, data presentation, drawing conclusions, and verification. The results of this study indicate that only thirty-six out of 74 energy subsector companies (49%) report energy management disclosure according to GRI 302 (energy) for three consecutive years (2020-2022). Nineteen out of thirty-six companies attach a GRI Index Reference to their GRI 302 (energy) reports. Meanwhile, the other thirty-eight companies did not attach the GRI Index Reference in their reports. The company is expected to develop a power plant that uses renewable energy as its energy source. By using renewable energy, companies can reduce consumption of non-renewable energy, and play a role in reducing CO2 emissions in the environment. https://econjournals.com/index.php/ijeep/article/view/14059Energy Management Disclosure; Energy Sub-Sector; Indonesia Stock Exchange (IDX); Management Energy |
| spellingShingle | Meiryani Meiryani Shi-Ming Huang A. S. L. Lindawati Agung Purnomo Mochammad Fahlevi Gazali Salim Corporate Energy Management Disclosure : Empirical Evidence from Indonesia Stock Exchange International Journal of Energy Economics and Policy Energy Management Disclosure; Energy Sub-Sector; Indonesia Stock Exchange (IDX); Management Energy |
| title | Corporate Energy Management Disclosure : Empirical Evidence from Indonesia Stock Exchange |
| title_full | Corporate Energy Management Disclosure : Empirical Evidence from Indonesia Stock Exchange |
| title_fullStr | Corporate Energy Management Disclosure : Empirical Evidence from Indonesia Stock Exchange |
| title_full_unstemmed | Corporate Energy Management Disclosure : Empirical Evidence from Indonesia Stock Exchange |
| title_short | Corporate Energy Management Disclosure : Empirical Evidence from Indonesia Stock Exchange |
| title_sort | corporate energy management disclosure empirical evidence from indonesia stock exchange |
| topic | Energy Management Disclosure; Energy Sub-Sector; Indonesia Stock Exchange (IDX); Management Energy |
| url | https://econjournals.com/index.php/ijeep/article/view/14059 |
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