<![CDATA[This study aims to examine the impact of Sustainable Development Goals (SDGs) disclosure and carbon emissions disclosure on financial performance in Indonesia. The sample consists of 53 companies listed in the Jakarta Islamic Index (JII) with a total of 247 firm-year observations during the 2020–2024. This study employs panel data regression using the Fixed Effect Model (FEM). The results indicate that SDGs disclosure has a negative effect on financial performance, reflecting the short-term financial pressure arising from the substantial costs of implementing sustainability-related programs. However, carbon emissions disclosure has a positive significant effect on financial performance, suggesting that transparent environmental reporting enhances corporate reputation, stakeholder trust, and market confidence. This study contribute to the sustainability and accounting literature by employing a pretax income to average equity to mitigate the influence of sectoral differences in tax rates.These findings are expected to serve as a reference for companies, governments, and regulators in formulating policies that support business sustainability.]]>
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