IBCWE and GRI Launch Gender Reporting Toolkit

The Indonesia Business Coalition for Women Empowerment (IBCWE) in collaboration with the Global Reporting Initiative (GRI) launched the Gender Reporting Toolkit as a guide on how to use the Gender Reporting Framework indicators in corporate reporting standards. This guide refers to OJK Regulation No. 51 of 2017, OJK Circular Letter No. 16 of 2021, and international standards, such as GRI and WEPs.

Executive Director of IBCWE, Maya Juwita said, this guide is very necessary to assist companies in compiling company reports, both annual reports, and ongoing reports. “This toolkit combines several reporting standards in Indonesia, including annual reports that are usually carried out not only by public companies but also all private companies in Indonesia,” she said.

Maya also added that this guide is designed in such a way that it is practical for all companies in Indonesia and includes all reporting template standards that exist in Indonesia and globally.

In an effort to support this reporting, the Indonesia Stock Exchange (IDX) in collaboration with IBCWE and GRI has held a Gender Reporting Toolkit Training for public companies. Director of Human Resources and Finance of IDX, Risa E. Rustam said, with the holding of this event, IDX hopes that the information can provide positive insights for the listed companies and can increase the company’s knowledge related to reporting aspects of gender equality in sustainable reports.

“Furthermore, hopefully, this information can be included in the sustainable report in accordance with POJK 51 (NUMBER 51 / POJK.03 / 2017_red) and also adopt international standards so that they can be more informative and useful for local and global investors in making environmental, social, and governance or ESG-based investment decisions in the future,” she said.

The Gender Reporting Toolkit has 12 indicators to help companies integrate gender indicators in company reports, namely eight essential indicators that focus on the company’s internal situation and improvement (inward-looking), and four other indicators that are complementary indicators to analyse gender aspects in the company’s external aspects (outward-looking).

The Authority Financial Services regulation on sustainable finance (POJK 51/POJK.03/2017) requires financial institutions and registered public companies to publish their sustainability reports annually. These reports should reveal economic, social, and environmental impacts, along with the company’s strategy of addressing negative impacts and their increasing contribution to positive impacts. Gender equality, decent work, and human rights are part of the aspects required by the POJK to be reported.

6 July 2022

Fellicca P. Madiadipura