Act 2007
Undang-Undang Nomor 40 Tahun 2007 tentang Perseroan Terbatas (Law Number 40 of 2007 on Limited Liability Companies)
Effective: 16 Aug 2007
Summary
Company law whose Article 74 obliges companies operating in or related to natural resources to carry out social and environmental responsibility, budgeted as a company cost. Article 66 requires the annual report to include a social and environmental responsibility report. The law leaves further rules to a Government Regulation, recorded separately as id-pp-csr.
Topics: Corporate Governance ESG & Climate Risk
Who it applies to
Corporates (Listed)
Obligations arising from this law or regulation
| Obligation | Timing | Regulator | Source | Detail |
|---|---|---|---|---|
| Corporate social and environmental responsibility | Ongoing; reported in the annual report | — | source | |
Art. 74(1) requires companies operating in or related to natural resources to carry out social and environmental responsibility; Art. 74(2) makes it a budgeted company cost; Art. 74(3) provides for sanctions under other laws. Art. 66(2)(c) requires the annual report to include a report on its implementation. |
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| No obligations match these filters. | ||||
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