ANALYSIS OF THE APPLICATION OF THE GLOBAL REPORTING INITIATIVE (GRI) G4 IN THE SUSTAINABILITY REPORT OF CONSUMPTION SECTOR COMPANIES LISTED ON THE INDONESIAN STOCK EXCHANGE FOR THE PERIOD 2023

This study aims to analyze the application of the Global Reporting Initiative (GRI) G4 framework in the sustainability reports of consumption sector companies listed on the Indonesia Stock Exchange (IDX) in 2023. This study focuses on the level of disclosure of general and specific standards in the sustainability reports of four selected companies: PT Kalbe Farma Tbk, PT Unilever Indonesia Tbk, PT Indofood CBP Sukses Makmur Tbk, and PT Ultrajaya Milk Industry & Trading Company Tbk. This study uses content analysis by assigning a score to each disclosed GRI G4 item. The results showed that the highest level of disclosure was in the general standard disclosure (G4-1 - G4-58) by 100%, the economic category (G4-EC1 - G4-EC9) by 100%, and the environmental category (G4-EN1 - G4-EN34) by 100%. However, the lowest level of disclosure is found in the specific standards sub-indicator. This study highlights the need for companies to improve their sustainability reporting, especially in the disclosure of specific standards, to increase transparency and accountability in corporate sustainability practices.