Sustainability Conference Supports Strengthening Business Performance and Resilience
Semarang, October 19, 2023 – The Sustainability Conference held online by the Institute of Certified Sustainability Practitioners (ICSP), the National Center for Corporate Reporting (NCCR), and Diponegoro University (Undip), on Thursday, October 19, 2023, supports the strengthening of sustainability performance and business resilience for stakeholders, both in Indonesia and at the global level.
The conference is The 8th Sustainability Practitioner Conference (SPC), or International Conference on Sustainability and Governance (ICSG), which is highlighting the theme Sustainable Performance and Business Resilience: Navigating the Path to Success.
“We sincerely hope that academics, industry experts, sustainability practitioners, and professionals can discuss the dynamic relationship between sustainability, performance, and business resilience at this conference. I encourage all of you to use this conference as an open discussion space to generate new ideas on sustainability and business strengthening, both in Indonesia and globally,” said ICSP Board Chair, Prof. Dr. Sylvia Veronica N. P. Siregar, SE, Ak, CA, CSRS, CSRA, CSP (19/10/23).
This Sustainability Conference will publish proceedings that summarize 35 new ideas on sustainability issues. The three best papers were obtained by:
- Amirah Arifah Khasanah and Sugiyarti Fatma Laelab, for the paper entitled Effect of Green Accounting Practice on Maqashid Sharia Performance in Islamic Banks.
- Nur Etika Rokhmah and Agung Juliarto, for the paper entitled The Influence of International Operations, Environmental Certification, and Corporate Governance on Environmental Disclosures in Nonfinancial Companies Sustainability Reports.
- Reza Ardiana and Aflit Nuryulia Praswati, for the Paper entitled Green Buying Intention on TPB’s and the Decision’s Making Process.
Chairman of the Board and Executive Director of NCCR, Dr. Ali Darwin, Ak., MSc, CSRS, CSRA, CSP said that sustainability and governance aspects need to be considered to create resilient businesses in facing various challenges of uncertainty at the global level.
He suggested that relevant stakeholders combine four important steps, namely defining a clear vision and strategy, generating innovation, involving stakeholders, and measuring and reporting progress.
“A sustainable business is one that can meet the needs of the present without compromising the ability of future generations to meet their own needs. A resilient business is one that is able to survive and bounce back from shocks and disruptions,” Ali explained.
Dean of the Faculty of Economics and Business (FEB) Undip Prof. Dr. Suharnomo, S.E., M.Si. also expressed a similar opinion. He emphasized that governance is the backbone of community organizations that play an important role in shaping future directions.
“In this era of interconnectivity and interdependence, effective governance cannot be separated from sustainable practices, and together they form the foundation on which we can build a resilient future and a resilient and equitable future,” Suharnomo said.
For a resilient future and in achieving the Sustainable Development Goals (SDGs), the participation and involvement of several stakeholders is required.
From the Government and Parliament, it is necessary to set indicators in each target, develop policies, regulations and align programs, prepare data and information, disseminate, communicate and advocate, monitor and evaluate, and fund. Then from philanthropists and businesses, there is a need for business advocacy, program facilitation to business actors, capacity building and funding support.
Furthermore, support from universities such as Undip in the SDGs program includes capacity building through instrumentation workshops and standardization activities for measuring SDGs implementation in Central Java, as monitoring and evaluation and research in policy development.
The Regional Secretary of Central Java Province Sumarno, SE., MM.) said that the involvement of Community Organizations (CSOs) and the Media is also needed in the dissemination and advocacy stages in the community, to facilitate programs in the field, build public understanding of SDGs and as monitoring of program implementation.
At the sustainability conference, Prof. Haruni Krisnawati as Expert Staff of the Ministry of Environment and Forestry (KLHK) of the Republic of Indonesia also joined as Keynote Speaker. In addition, there were 4 (four) other speakers who provided material on the panel, namely Puji Harto, S.E., Akt., M.Si., Ph.D. as Lecturer of FEB Undip; Prof. Khaleed Hussaeiny as Professor in Accounting, from the University of Portsmouth; and Prof. Faisal, Ph.D as Professor in Sustainability Accounting Undip.
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