Improvement of Sustainability Strategy toward Environmental Performance Assessment: Case Study of PT ABC
Abstract
The research aims to analyze the company's sustainability strategy regarding environmental aspects, and whether it has been implemented. This research use a case study research for problem solving with the research’s object PT ABC, a logistic company. The results of the 2023 assessment by independent institutions and the Government agency, BPKP showed a poor grade for environmental aspect. Data collection used document analysis and interviews. The research was carried out by assessing the company's sustainability strategy using Integrated Port Management (IPM) and comparing it with the results of independent assessments. The results show the company has implemented environmental aspects according to IPM, while monitoring and evaluation have not been carried out and its environmental work programs have not been disclosed. The research recommends that companies develop a roadmap for implementating their environmental programs, as material for evaluation and monitoring and to reveal the realization of their work program in their sustainability report.
Keywords: Sustainable Strategy; Environmental Performances; Integrated Port Management
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References
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Yu, M., & Zhao, R. (2015). Sustainability and Firm Valuation: An International Investigation. International Journal of Accounting and Information Management, 23, 289-307. https://doi.org/10.1108/IJAIM-07-2014-0050
Zhang Zhenchen, Song Chenghong, Zhang Jiawen, Chen Zhonghao, Liu Mingxin, Aziz Faizal, Kurniawan Tonni Agustiono. (2024). Digitalization and innovation in green ports: A review of current issues, contributions and the way forward in promoting sustainable ports and maritime logistics. Science of the total environment, 912. https://doi.org/10.1016/j.scitotenv.2023.169075
Asimakopoulos, Panagiotis. , Asimakopoulos, Sylianos, dan Li, Xinyu. (2023). Journal of Corporate Finance, 83. https://doi.org/10.1016/j.jcorpfin.2023.102488
Aziz, Farhan & Anis Chariri. (2023). The Effect of Environmental, Social, and Governance (ESG) Disclosure and Environmental Performance on Stock Return. Diponegoro Journal of Accounting, 12 (3). https://ejournal3.undip.ac.id/index.php/accounting/article/view/40147
Badan Pengawasan Keuangan dan Pembangunan. (2024). Laporan Hasil Asesmen Penerapan Faktor ESG pada PT ABC tahun 2023.
Carroll, A. B., & Buchholtz, A. K. (2017). Business & Society: Ethics, Sustainability, and Stakeholder Management, 10. Cengage Learning, USA
Christodoulou, A. & Woxenius, J. (2019). Sustainable Short Sea Shipping. Sustainability, 11 (10). https://doi.org/10.3390/su11102847
Esteban, Miguel., Fatma, Dyah., Takagi, Hiroshi., Pratama, B. Pratama,. (2019). Adapting ports to sea-level rise: empirical lessons based on land subsidence in Indonesia and Japan. Maritime Policy and Management. https://doi:10.1080/03088839.2019.1634845
Harared, B. A., & Rahadian, Y. (2019). Strategi keberlanjutan (sustainability) pada rumah sakit khusus mata x. Jurnal Riset Akuntansi dan Keuangan Vol, 7(2), 367-378. https://doi.org/10.17509/jrak.v7i2.17030
Kansal, Purva, Malhotra, Keshav & Neelam. 2024. Recent Trends on Environmental, Social and Governance Research: A Bibliometric Analysis. Metamorphosis: A Journal of Management Research, 12 (1). https://dx.doi.org/10.1177/09726225241237304
Kumar, N., Tyagi, M., & Sachdeva, A. (2023). A sustainable framework development and assessment for enhancing the environmental performance of cold supply chain. Management of Environmental Quality: An International Journal, 34(4), 1077-1110. https://doi.org/10.1108/MEQ-03-2022-0046
Moody’s. (2024). Credit Opinion: PT ABC.
Oh, H., Lee, S. W., & Seo, Y. J. (2018). The evaluation of seaport sustainability: The case of South Korea. Ocean & Coastal Management, 161, 50-56. https://doi.org/10.1016/j.ocecoaman.2018.04.028
Otoritas Jasa Keuangan. (2017). Peraturan Otoritas Jasa Keuangan Nomor 51/POJK.03/2017 tentang Penerapan Keuangan Berkelanjutan bagi Lembaga Jasa Keuangan, Emiten, dan Perusahaan Publik. Jakarta.
PI. (2024). Laporan Keberlanjutan PT ABC Tahun 2023.
PI. (2024). Peraturan Direksi PT ABC tentang pedoman upaya keberlanjutan perusahaan di lingkungan PT ABC (Persero).
PI. (2021). Rencana Jangka Panjang Perusahaan 2021-2025.
P. Sarafoji, V. Mariappan, R. Anish, K. Karthikeyan, Jayabharata Reddy. (2021). Performance study of solar photovoltaic cold storage systems using phase change materials. Materials today: proceedings, 46 (19). https://www.sciencedirect.com/science/article/abs/pii/S2214785320352068
Sislian, L., Jaegler, A., & Cariou, P. (2016). A Literature review on port sustainability and ocean’s carrier network problem. Research in Transportation Business & Management, 19. https://doi.org/10.1016/j.rtbm.2016.03.005
Sogut, M. Ziya & Erdogan, Oral. (2022). An investigation on a holistic framework of green port transition based on energy and environmental sustainability. Ocean Engineering, 266. https://doi.org/10.1016/j.oceaneng.2022.112671
Taljaard S., Slinger J.H., Arabi S., Weerts S.P., Vreugdenhil H. (2021). The natural environment in port development: A “green handbrake” or an equal partner?. Ocean and Coastal Management, 199. https://doi.org/10.1016/j.ocecoaman.2020.105390
Thompson, Arthur A. (2022). Crafting and executing strategy: the quest for competitive advantage: concept and cases (Edisi ke-23). McGraw Hill.
Winston Samuel, Fletcher Steve, Evans Tegan, Fletcher Ruth, Friedrich Laura, Greenhill Lucy, Howell Dickon, Lieberknech Louise, Lucas Benjamin, March Antaya, McOwen Chris, Vause James, Vestergaard Ole, Carvalho Leticia. (2024). Accelerating the Delivery of the 2030 Agenda for Sustainable Development Through the Implementation of a Sustainable Blue Economy. Elsevier Inc. https://doi.org/10.1016/b978-0-323-90798-9.00103-7
Yin, R. K. (2018). Case study research and applications : design and methods (6th ed.). SAGE Publications.
Yu, M., & Zhao, R. (2015). Sustainability and Firm Valuation: An International Investigation. International Journal of Accounting and Information Management, 23, 289-307. https://doi.org/10.1108/IJAIM-07-2014-0050
Zhang Zhenchen, Song Chenghong, Zhang Jiawen, Chen Zhonghao, Liu Mingxin, Aziz Faizal, Kurniawan Tonni Agustiono. (2024). Digitalization and innovation in green ports: A review of current issues, contributions and the way forward in promoting sustainable ports and maritime logistics. Science of the total environment, 912. https://doi.org/10.1016/j.scitotenv.2023.169075
Published
2025-01-06
How to Cite
KRESNA, Alfi Zulfiandra; HERMAWAN, Ancella Anitawati.
Improvement of Sustainability Strategy toward Environmental Performance Assessment: Case Study of PT ABC.
E-Jurnal Akuntansi, [S.l.], v. 35, n. 3, jan. 2025.
ISSN 2302-8556.
Available at: <https://ojs.unud.ac.id/index.php/akuntansi/article/view/122196>. Date accessed: 14 oct. 2025.
doi: https://doi.org/10.24843/EJA.2025.v35.i03.p16.
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