Does the COVID-19 Pandemic Affect Company's Sustainability Reporting Index and Profitability?

Abstract

Abstract— The purpose of this study is to ascertain the impact of ROA-based profitability and the GRI 100, 200, 300, and 400-based sustainability reporting index on agriculture enterprises before and after the COVID-19 epidemic. This research focuses on agricultural companies, specifically PT. Astra Agro Lestari Tbk., PT. Austindo Nusantara Jaya Tbk., and PT Eagle High Plantations. Secondary data from agricultural company sustainability reports and financial reports covering 2018–2021 were used. Purposive sampling was used to select the research sample. Of the 24 agricultural enterprises registered on the IDX, only three supplied financial and sustainability information from 2018 to 2021. The paired sample T-test was used to assess the hypothesis. The findings indicated no discernible impact on agricultural companies' profitability or sustainability reporting index before or during the COVID-19 pandemic.