The Annual Report Award (ARA) 2023, officially concluded in October 2024, marked the 19th 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, four client reports secured top honors, demonstrating outstanding quality across various sectors. These winners included:

A special commendation was also given to PT PLN Nusantara Power for reaching the final stage, confirming the heightened level of competition in the 2023 cycle.