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Implementation of Enviromental, Social, and Governance (ESG) Principles in Companies as a Strategy to Realize Sustainable Development Goals (SDGS) in Talang Buluh Village, Banyuasin Regency, South Sumatera Province Serlika Aprita; Heni Marlina; Yonani, Yonani; Wulan Purnama Sari; Serli Margareta
Multidisiplin Pengabdian Kepada Masyarakat Vol. 5 No. 01 (2026): Multidisiplin Pengabdian Kepada Masyarakat, inpress edition 2026
Publisher : Sean Institute

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Abstract

The implementation of Environmental, Social, and Governance (ESG) principles in companies has become a new paradigm in sustainable business management in the era of globalization. ESG is no longer just an indicator of corporate ethics, but also a strategic foundation that integrates environmental, social, and governance responsibilities in all aspects of a company's operations. In a legal context, ESG strengthens compliance with environmental, employment, and corporate governance regulations, while supporting the principles of good corporate governance and public accountability. ESG has challenges in implementing high implementation costs, limited resources, in integrating ESG into business strategies. Best practices in implementing ESG are integrating ESG into business strategies, measuring and reporting ESG performance transparently, increasing employee awareness and training regarding economics and business or ESG. The implementation of ESG principles not only strengthens the company's image and reputation but can also help the company improve its business sustainability, reduce risks By understanding the benefits, challenges, and best practices of ESG implementation, companies can create long-term value for their stakeholders, who use it to evaluate company performance and measure overall risk management. The implementation of ESG principles not only strengthens the company's image and reputation but also paves the way for creating an inclusive, ethical, and sustainable development-oriented business ecosystem.
Application of the Business Judgment Rule in the Responsibility of the Board of Directors of State-Owned Enterprises: the Case Of Business Cooperation (KSU) and the Acquisition of PT Jembatan Nusantara (JN) by PT ASDP Serlika Aprita; Rizadatul Qolbun; Dian Puspa Iwari; Evy Febryani
Fox Justi : Jurnal Ilmu Hukum Vol. 16 No. 01 (2026): Fox justi : Jurnal Ilmu Hukum
Publisher : SEAN Institute

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Abstract

This study discusses the application of the Business Judgment Rule (BJR) in the responsibilities of directors of State-Owned Enterprises (BUMN) by emphasizing that the directors have a strategic position as a company organ that is fully responsible for the management of the company as regulated in the BUMN Law and the Limited Liability Company Law. Through a normative juridical research method with a statutory approach, a conceptual approach, and a literature study, this study analyzes the extent to which the BJR doctrine can provide legal protection for directors when business decisions taken cause losses or are considered detrimental to state finances. The results of the study indicate that the BJR is an important instrument to ensure that directors are not immediately burdened with responsibility as long as business decisions are taken based on good faith, the principle of prudence, and do not exceedauthority, and based on adequate information. This study also found that the different characteristics of SOEs as business entities and bearers of public mandates often cause the implementation of BJR to clash with the paradigm of state losses, creating legal uncertainty for directors. Therefore, consistent implementation of BJR is necessary to provide proportional legal protection and encourage SOE directors to carry out business functions professionally without fear of criminalization of decision-making