Leading with Integrity, Transparency, and Accountability: The Path to a Sustainable Future

Annual Report Award 2024

January 27, 2026
PLN Nusantara Power

Two client reports secured top honors, demonstrating outstanding quality across various sectors.

The Annual Report Award (ARA) 2024, officially concluded in December 2025, marked the 20th running of this significant event since its inception in 2002. The primary mission of the ARA is to promote and enforce strong corporate governance principles among Indonesian companies. This is achieved by encouraging comprehensive transparency and adherence to best practices in governance, with a strong focus on sustainability reporting. The core of the competition involves a thorough assessment of participating companies’ Annual Reports and Sustainability Reports, evaluating the openness, relevance, fairness, and compliance of their information disclosure with national regulations and established guidelines. The credibility of the event is supported by key regulatory and financial institutions in Indonesia, including the OJK, Ministry of Finance, Bank Indonesia, and the IDX, underscoring the award’s role as a major benchmark for good corporate governance.

The awards ceremony highlighted the success of strategic consulting in achieving high standards. In collaboration with PT Multi Utama Indojasa, an award-winning consulting firm, several Annual Reports written by them and creatively designed by me were nominated. Notably, two of my client reports secured top honors, demonstrating outstanding quality across various sectors. These winners included:

  • 1st Place of Non-Go Public Non-Financial SOEs – Revenue Cluster of > 5T
    Overall Champion Nomination of the 2024 ARA
    PT PLN Nusantara Power

  • 3rd Place of Non-Go Public Non-Financial SOE’s – Revenue Cluster of > 5T
    PT Pelayaran Bahtera Adhiguna

PLN Nusantara Power

A special commendation was also given to PT Sarana Multigriya Finansial (Persero) for reaching the final stage, confirming the heightened level of competition in the 2024 cycle.

Published On: January 27, 2026Categories: Annual Report267 wordsViews: 111