Student Journal of International Law
Vol 2, No 1: August 2022

The Regulation and Implementation of Corporate Social Responsibility by Foreign Direct Investment in Block Pase Upstream Oil and Gas Sector, East Aceh Regency

Hidayah Balqis (Universitas Syiah Kuala)
Nurdin MH (Universitas Syiah Kuala)



Article Info

Publish Date
24 Aug 2022

Abstract

This research aims to explain how the regulation of CSR and what factors support and hinder the implementation of CSR in foreign direct investment in the upstream oil and gas sector in the Pase Block, East Aceh. The writing of this thesis uses a normative juridicial  method. The result of the study shows that the implementation of CSR in the Pase Block was not in accordance with UU No. 11 Tahun 2006 tentang Pemerintahan Aceh, Qanun Aceh No. 5 Tahun 2018 tentang Penanaman Modal, Qanun Kabupaten Aceh Timur No. 12 Tahun 2016 tentang TJSLP, Peraturan Gubernur No. 65 tahun 2016 tentang Pedoman Pelaksanaan TJSLP and  ISO 26000, as well as Production Sharing Contract between parties.the company has not implement CSR in accordance with the laws and regualtions due to lack of commitment of TPI to implement CSR. As a result, the CSR  has not had a positive impact on the economic growth of community and the environment around the company.

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Journal Info

Abbrev

SJIL

Publisher

Subject

Humanities Education Law, Crime, Criminology & Criminal Justice Social Sciences Other

Description

Student Journal of International Law is a join initiative of International Class Program and International Law department of faculty of Law Syiah Kuala University in Aceh-Indonesia. SJIL is published in a periodic of two times a year, i.e. August, and December. Accepted articles within a certain ...