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Reinventing the Accounting Profession: Leading Sustainability Accountability

in the AI Era

Saptono Adi Junarso�Listing Advisor�PT Bursa Efek Indonesia

Wednesday, 22 April 2026

Kode A

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Importance Information disclosure for Public

TIMELINESS

Information is submitted on time and immediately after a material event or fact occurs, therefore it does not cause delays in information that can harm investors or create information asymmetry.

NON-MISLEADING

Information is not misleading, either through biased presentation, selective data selection, or the omission of important context.

ACCURACY

Information must be accurate and verifiable, structured based on reliable data and processes, and free from material errors.

CLARITY

Information is presented in a clear, easy-to-understand, and unambiguous manner, with an adequate structure and language for the public.

COMPLETENESS

The information is complete, covering all relevant material aspects, not partial, and does not omit important facts that may affect the understanding or decision of the investor.

CONSISTENCY

The presentation of information is carried out consistently between reporting periods, allowing for continuous comparison and analysis.

Information

Disclosure

Disclosures of Listed Companies are regulated on POJK No. 45 on 2024 concerning Development and Strengthening of Issuers and Public Companies, POJK No. 31/POJK.04/2015 concerning Disclosure of Information or Material Facts by Issuers or Public Companies, and Regulation Number I-E concerning the Obligation to Submit Information. The disclosure is also expected to apply the main principles, which are:

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Key ESG Figures in Indonesia Capital Market

ESG Passive Fund Growth (Mutual Fund & ETF)

IDX has Provided 6 ESG Indices to drive ESG Investment Strategy

  • IDX ESG Leaders
  • IDX LQ45 Low Carbon Leader
  • S&P/IDX Indonesia ESG Tilted
  • SRI-KEHATI
  • ESG Sector Leaders IDX KEHATI
  • ESG Quality 45 IDX KEHATI

Sustainability Reporting Submission (Stock and Bond Listed Companies)

“Demand for ESG thematic Indices are growing”

Source: OJK (Dec 2025)

1 Asset Owner and �4 Investment Managers

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5

IDX80 Listed Companies ESG Rating is improving (2020 – 2024)

0-10

10-20

20-30

30-40

40

Negligible

Low

Medium

High

Severe

“Average Listed Co’s S&P ESG Score is also improving”

Source: IDX (Dec 2025)

Lower Risk

Better performance

188x

In yearly AUM

7%

20%

78%

2024

2025

2025

Cumulative Growth of GSS Bonds/Sukuk Listings at IDX (2018 – 2025)

(IDR Bn)

15 Issuers

Source: IDX Dec 2025

“Funding through GSS Bonds for sustainable initiatives continues to grow”

500

10.500

24.106

35.576

71.139

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PRI Signatures (2009 – 2024)

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Integrated Thinking Implementation

Refer to books 'Integrated Thinking in Action for Sustainable Success’ by Prof. Lindawati Gani, The application of Integrated Thinking in the Indonesian Capital Market is an important pillar in creating a resilient, credible, and competitive market.

Listed Companies Transformation by applying Integrated Thinking:

​

1. Redefine report quality

2. Increase Business resilience through integration of sustainability risks in strategies and strengthen governance

3. Increasing market confidence through ESG-based transparency

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Sustainability Disclosure Standard (SPK) Journey

2020

September

IIRC, GRI, SASB, CDP, dan CDSB

Publish “Statement of Intent to Work Together towards Comprehensive Corporate Reporting”

IFAC Publish proposals ”Enhancing Corporate Reporting: The Way Forward"

IFRS Foundation Issued "Consultation Paper on Sustainability Reporting"

December

Actively involved in TASK FOCE�INTEGRITY & COMPLIANCE B20�G20 2022

December

Changes to the IAI AD/ART at the XIV IAI Congress in 2022�Approve the formation of a board related to sustainability

2023

Juni

ISSB PUBLISHED IFRS S1 DAN S2

November

IAI forms the COUNCIL�STANDARD MONITORS�SUSTAINABILITY OF IAI (DPSK IAI) AND STANDARDS BOARD�SUSTAINABILITY OF IAI (DSK IAI)

2024

Maret

Juni

November

SPK Roadmap Public Consultation

December

Creation TASK FORCE

COMPREHENSIVE CORPORATE REPORTING IAI

IAI publishes SPK ROADMAP�AND SPK EXPOSURE DRAFT

IAI forms a WORK TEAM�SUSTAINABILITY OF IAI (TKK IAI)

FGD with various stakeholders

ISSUANCE OF SPK THAT�CONSISTS OF PSPK 1 AND�PSPK 2

2022

Jan-Oktober

2025

Juli

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Challenges From Implementing PSPK 1 & PSPK 2

Governance

Risk Quantification

Defining Metrics & Target

Linking to Financial Statement

  • Challenge: Without dedicated structure and support from other function.
  • Lesson Learned: A dedicated reporting structure and cross functional team must be established.
  • Challenges: Defining target may finds resistance from internals.
  • Lesson Learned: Prioritizing metrics and internalization about metrics. It is suggested to adopt metrics recommended by SASB
  • Challenges: Financial Statement formats may not reflect sustainability risk and opportunity.
  • Lesson Learned: a multi discipline collaboration is needed to make best practice of linking sustainability risk, opportunity and FS.
  • Challenges: basic understanding on risk management and real business process.
  • Lesson Learned: a Cross Functional team consisted of risk management and operation front liners.

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Artificial Intelligence (AI) Key Challenges & Strategic Insights

AI Utilization

  • Assist the Company in complex data collection and processing processes
  • Improving accuracy in disclosure of risks and sustainability opportunities
  • Supports metrics and target-based analytics

REGULATORY OVERSIGHT

  • Quality & consistency-based supervision�Benchmarking with global standards
  • encourage comparability ESG disclosure

HUMAN CAPITAL

  • Competency development sustainability reporting
  • Integrations risk assessment & digital skills
  • The demand for ESG talent will increase significantly

SYSTEM INFRASTRUCTURE

  • required system integration end-to-end
  • Digitization & AI Improve reliability
  • Supports efficiency & quality disclosure