The Role of Green Strategy in Moderating the Relationship between Board Diversity, Corporate Activities, and Green Commitment to Sustainability Report Disclosure

Yenny Hirmaleny; Endang Ruhiyat; Sugiyanto

doi:10.59890/ijist.v3i8.135

Authors

Yenny Hirmaleny Universitas Pamulang
Endang Ruhiyat Universitas Pamulang
Sugiyanto Universitas Pamulang

DOI:

https://doi.org/10.59890/ijist.v3i8.135

Keywords:

Board Diversity, Company Activities, Green Commitment, Green Strategy, Sustainability Report Disclosure.

Abstract

This study aims to analyze the influence of board diversity, company activities, and green commitment on sustainability report disclosure, with green strategy as a moderating variable. Sustainability reporting represents a form of corporate accountability to stakeholders regarding environmental, social, and governance (ESG) performance. The sample of this study consists of companies listed in the SRI KEHATI Index on the Indonesia Stock Exchange (IDX) during the 2019–2023 period. Secondary data were collected from annual reports and sustainability reports using a purposive sampling technique. Data analysis was conducted using a panel data approach with a moderated regression analysis model. The results of the study show that board diversity and company activities have no significant effect on sustainability report disclosure, while green commitment has a significant positive effect. Green strategy does not moderate the relationship between board diversity, company activities, and green commitment on sustainability report disclosure. These findings reinforce the importance of green strategies in enhancing sustainability disclosure practices and support the legitimacy theory underlying study.

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