The March 25, 2025 edition of Social Value Talk hosted by Social Value Indonesia (SVID) presented a deep dive into "Social Value in Sustainability Reporting: Measurement, Reporting, and Implementation Challenges." The event formed part of the global True & Fair Project campaign supporting impact reporting standardization.
Featured speakers included:
- Elvia R. Shauki (Sustainability Standards Board, IAI)
- Lany Harijanti (ASEAN Program Manager, GRI)
- Dede Abdul Hasyir (ESG Centre, Universitas Padjadjaran)
Moderated by Citra Widuri (Executive Director, SVID), the session engaged business leaders, academics, and sustainability practitioners.
PSPK and Global Standard Integration Elvia R. Shauki detailed Indonesia's Exposure Draft for Sustainability Disclosure Standards (PSPK), effective January 1, 2027, explaining how it aligns with GRI and ISSB global frameworks while addressing national context.
Adoption Challenges & Phased Approaches Lany Harijanti emphasized double materiality, recommending a phased approach starting with GRI standards before progressing to mandatory PSPK disclosures.
Business Practice & Economic Perspectives Dede Abdul Hasyir highlighted sustainability reporting as a core competitive strategy rather than mere compliance, noting how non-financial metrics (emissions, inclusion, labor rights) directly impact market trust.
Multidisciplinary Competency & Actionable Recommendations Speakers urged cross-disciplinary collaboration among accountants, economists, and social scientists, recommending early preparation for PSPK 1 & 2, Scope 1-3 emissions accounting, and professional certification.