MVGX Tech Pte Ltd (MVGX), the sustainability partner of BDO in Indonesia, and BDO in Indonesia, the country’s accounting and advisory firms, have announced the expansion of their commercial partnership with the launch of a proprietary artificial intelligence (AI)-powered sustainability reporting platform.

This latest collaboration builds on the partnership between the two companies, first established in September 2023, to provide decarbonization solutions for Indonesian businesses through MVGX’s Carbon Connect platform, MVGX said in a statement on last Thursday.

Building on this foundation, both companies aim to help Indonesian companies achieve
regulatory compliance, enhance ESG data transparency, and streamline sustainability reporting.

This technology-driven approach aligns with Indonesia’s evolving sustainability landscape, ensuring businesses meet both international and local disclosure requirements with greater efficiency and accuracy.

The new sustainability platform streamlines the production of sustainability reports through the automation of data collection and analysis, making the process faster, more accurate, and cost- effective while cutting manpower and time compared to traditional methods.

Leveraging proprietary AI inference models and the region’s most extensive emissions factor database, the platform ensures expert oversight to effectively prepare and articulate environmental, social, and governance (ESG) disclosures.

The reports are prepared in compliance with key standards, including the GRI ESG Report Index, ISSB IFRS S1 for general sustainability-related financial disclosures, and ISSB IFRS S2 for climate-related disclosures.

This ensures alignment with corporate sustainability strategies.

“Our collaboration with BDO in Indonesia marks a significant milestone in our mission to revolutionize sustainability reporting through cutting-edge technology,

“As businesses face growing regulatory demands and heightened stakeholder expectations, digital solutions must evolve to provide greater transparency, efficiency, and accuracy,” said Lily Hong, Chief Executive Officer at MVGX.

“By integrating AI inference models with regulatory expertise, we empower Indonesian companies not only to meet compliance requirements but also to strengthen their ESG leadership, setting new benchmarks for corporate sustainability in the region,

“This partnership reflects our shared vision of a future where technology drives meaningful, measurable environmental progress,” she added.

According to the statement, the MVGX and BDO in Indonesia partnership underscores a shared commitment to advancing sustainability in Indonesia’s corporate landscape.

By integrating AI-driven solutions with expert oversight, the initiative provides businesses with the tools needed to navigate evolving ESG regulations with confidence.

“The AI-powered sustainability reporting platform represents a major step forward in our ongoing collaboration with MVGX and our commitment to equipping Indonesian businesses with innovative, future-ready sustainability solutions,

“ESG compliance is no longer just about meeting regulations; it is about shaping long-term corporate resilience, investor confidence, and market competitiveness,” said Thano Tanubrata, Chief Executive Officer at BDO in Indonesia.

“By combining our expertise in governance, risk management, and compliance with MVGX’s technological leadership, we are delivering a powerful solution that simplifies ESG reporting while ensuring companies remain accountable, agile, and ahead of the curve,” he added.

It is noted that the AI-powered sustainability reporting platform is designed to be accessible and scalable for all publicly listed companies in Indonesia, facilitating broader adoption of sustainability reporting.

It streamlines data submission through a structured online template and questionnaire, ensuring consistency in ESG disclosures while reducing the complexity and time required for compliance.

Traditionally, sustainability reporting in Indonesia requires extensive manual preparation, often taking three to four months.

With this AI reporting platform, companies can now complete their sustainability reports with at least half the time and effort, allowing ample time for revisions and
external assurance before the Indonesian government’s June submission deadline.

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