Email this article 
Tingkat Kesiapan Implementasi IFRS S1 dan S2: Studi Kasus pada Perusahaan dalam Indeks ESG Quality 45 IDX KEHATI
Abstract
This study aims to evaluate the level of readiness for the implementation of IFRS S1 and IFRS S2 standards through an analysis of disclosure gaps in the 2024 sustainability reports of companies listed in the ESG Quality 45 IDX KEHATI index. IFRS S1 and IFRS S2 are published by the International Sustainability Standards Board (ISSB) and are effective from January 1, 2024. The study uses a qualitative approach through content analysis using 29 main indicators of IFRS S1 and IFRS S2 which are grouped into four pillars: Governance, Strategy, Risk Management, and Metrics and Targets. The results of the study show that companies in the ESG Quality 45 IDX KEHATI index have shown fairly good initial readiness in disclosing strategic aspects and sustainability governance, but are not yet fully ready to meet all technical aspects required by IFRS S1 and S2. These findings have implications for regulators in designing transition policies and assistance for standard implementation more effectively. In addition, it is a reference for companies in building a strong internal reporting system and improving the quality of sustainability reporting.
Keywords
References
Amelia, M., & Djakman, C. (2024). Gap Analysis in Implementing IFRS S1 and IFRS S2: A Case Study at Bank X in Indonesia. International Journal of Economics Development Research, 5(4), 210–224. https://doi.org/10.37385/ijedr.v5i3.5755
Deloitte. (2022). IFRS S2 Readiness and Sector Adoption Trends. In Deloitte Insight.
Gaviria, D. A. G., Martínez, E. M. C., Polo, O. C. C., & Arcila, J. O. S. (2023). Accounting Mechanism to Measure the Environmental Impact of Industries in the Aburrá Valley and Its Application of the General Disclosure Requirements Related to Financial Information on
Sustainability (IFRS 1) and Climate-Related Disclosures (IFRS S2). Revista de Gestao Social e Ambiental, 17(5). https://doi.org/10.24857/rgsa.v17n5-013
Harahap, H. M., Danut, Y., Aritonang, R., Yulita, W., Daniel, D., & Ramadhan, Y. (2024). Evaluation of the Implementation of IFRS S1 and IFRS S2 in Banking Sector Sustainability Reporting for the 2023 Period. Enrichment: Journal of Multidisciplinary Research and Development, 2(8), 2024. https://doi.org/10.55324/enrichment.v2i8.215
IFRS S1. (2023). IFRS S1 General Requirements for Disclosure of Sustainability-related Financial Information. Https://Www.Ifrs.Org/Issued-Standards/Ifrs-Sustainability-Standards-Navigator/Ifrs-S1-General-Requirements/.
IFRS S2. (2023). IFRS S2 Climate-related Disclosures. Https://Www.Ifrs.Org/Issued-Standards/Ifrs-Sustainability-Standards-Navigator/Ifrs-S2-Climate-Related-Disclosures/.
Indyk, M. (2022). Are the Companies Prepared for Sustainability Reporting under the ED IFRS S1 and S2? Evidence from Poland. Audit Financiar, 20(168), 641–654. https://doi.org/10.20869/AUDITF/2022/168/022
Jubb, C., & Liu, Z. (2024). Report on Australian listed companies’ readiness for IFRS S2 Climate-related Disclosures (24–01). https://ssrn.com/abstract=4744219
Kampanje, B. P. (2024). Assessing the Readiness of the Malawian Public Companies in the Adoption of the IFRS S1 and IFRS S2 - Sustainability Disclosure Standards. International Sustainability Journal, 1(1), 81–101. https://ssrn.com/abstract=4618876
Komala, L. K., & Murtanto, M. (2024a). Analisis Kesiapan Laporan Keberlanjutan Berdasarkan Exposure Draft IFRS S1 dan S2 pada Perusahaan Sektor Non-Keuangan di Bursa Efek Indonesia Tahun 2022. Jurnal Akuntansi Multiparadigma, 15(1), 40–60.
Komala, L. K., & Murtanto, M. (2024b). Analysis Of Sustainability Report Standards and Adjustment of IFRS S1 & IFRS S2 Standards Implementation. International Journal of Accounting, Management, Economics and Social Sciences (IJAMESC), 2(5), 1643–1657. https://doi.org/10.61990/ijamesc.v2i5.291
KPMG. (2023). Corporate Sustainability Reporting: Global Trends. Https://Home.Kpmg.
Milhem, J. J. (2025). Sustainability Disclosure Standards IFRS S1 and S2, Readiness for Implementation: Case of Palestinian Listed Companies. An-Najah University Journal for Research - B (Humanities).
Pratama, A., Dewi, N., Muhammad, K., & Megawati, L. R. (2024). Sustainability Reporting Ecosystem and IFRS S1 and S2: How Accounting Research Can Assist its Implementation. Journal of Ecohumanism, 3(4), 3101–3129. https://doi.org/10.62754/joe.v3i4.3830
Pratama, G. S., Wulandari, Y., & Hidayah, N. (2024). Sustainability Governance Reporting Readiness in Indonesian Extractive Sector Based on IFRS S1 and S2. . Jurnal Akuntansi & Auditing, 18(2), 155–170.
Saptono, P. B., Mahmud, G., Pratiwi, I., Purwanto, D., Khozen, I., Aditama, M. A., Khodijah, S., Wayan, M. E., Asmara, R. Y., & Jie, F. (2023). Development of Climate-Related Disclosure Indicators for Application in Indonesia: A Delphi Method Study. Sustainability (Switzerland), 15(14). https://doi.org/10.3390/su151410915
Setiawan, A., Soedibyo, A. N., Wirawan, S., Hamfri, D., Haryanto, H., & Faninda, S. (2023). The Mapping of IFRS S1 and S2 with SEOJK-16-2021. In T. H. E. Prabowo (Ed.), Shaping the Sustainable Future: Trends and Insights in Economics, Business, Management, and Information Technology (pp. 343–353). Faculty of Economics, Sanata Dharma University.
Sreepriya, J., Suprabha, K. R., & Prasad, K. (2023). Does GRI compliance moderate the impact of sustainability disclosure on firm value? Society and Business Review, 18(1), 152–174. https://doi.org/10.1108/SBR-06-2022-0172
TCFD. (2024). Task Force on Climate-Related Financial Disclosure History. Https://Www.Fsb-Tcfd.Org/About/.
Wahyuni, P. D. (2025). The Role of IFRS S1 and S2 in Enhancing Transparency and Accountability of ESG Reports: A Systematic Review. Asian Journal of Economics, Business and Accounting, 25(1), 1–12. https://doi.org/10.9734/ajeba/2025/v25i11628
Wahyuni, R. (2025). Evaluasi Kesiapan Perusahaan Indonesia dalam Mengadopsi IFRS S1 dan S2: Studi Literatur dan Implikasi Praktis. Asian Journal of Economics, Business and Accounting, 13(2), 210–225.
DOI: https://doi.org/10.37058/jak.v20i1.15507
Refbacks
- There are currently no refbacks.
Copyright (c) 2025 JURNAL AKUNTANSI
This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.
Jurnal Akuntansi by Jurusan Akuntansi Fakultas Ekonomi dan Bisnis Universitas Siliwangi is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.
Based on a work at http://jurnal.unsil.ac.id/index.php/jak.
Jurnal Akuntansi Visitor Counter JAK Stats