A Development of Sustainability Disclosure Practices in the Mining Oil and Gas (MOG) Industries: A Study from Indonesia

Abstract

The objective of this study is to develop the indicators of sustainability disclosure practices in the Mining Oil and Gas (MOG) industries in Indonesia. This study integrates several existing indicators of disclosure practices. The method used is cross references, questionnaires and interviews. The research subjects are 10 common standards which usually used for sustainability disclosure. The respondents of interview are manager level in MOG industries that involved in providing sustainability report. A standard of sustainability disclosure in the MOG industries in Indonesia. From these results it was found that there are 34 aspects with 87 indicators that can be used as disclosure reference of MOG companies in Indonesia as well as in other countries.There are many standards which already provide guidelines for the MOG industries but they have not provided empirical evidence in the establishment of reference based on the results of cross references analysis, questionnaires and interviews.

Keywords - sustainability, disclosure, Mining, Oil and Gas, Indonesia