ANALISIS KINERJA KEUANGAN PT PERTAMINA (PERSERO) SEBELUM DAN SESUDAH PENERAPAN PRINSIP ENVIRONMENTAL, SOCIAL, AND GOVERNANCE (ESG)

Della  Fitri; Matdio  Siahaan; Matdio  Siahaan; Wastam Wahyu Hidayat; Adi Wibowo Noor Fikri; Christophorus Indra Wahyu Putra

doi:10.53067/ijebef.v6i2.338

Authors

Della Fitri Universitas Bhayangkara Jakarta Raya
Matdio Siahaan Universitas Bhayangkara Jakarta Raya
Matdio Siahaan Universitas Bhayangkara Jakarta Raya
Wastam Wahyu Hidayat Universitas Bhayangkara Jakarta Raya
Adi Wibowo Noor Fikri Universitas Bhayangkara Jakarta Raya
Christophorus Indra Wahyu Putra Universitas Bhayangkara Jakarta Raya

DOI:

https://doi.org/10.53067/ijebef.v6i2.338

Keywords:

Financial Performance, Profitability, Liquidity, Solvency, Activity, Environmental, Social, and Governance (ESG), PT Pertamina (Persero), Kinerja Keuangan, Profitabilitas, Likuiditas, Solvabilitas, Aktivitas, Environmental, Social, and Governance (ESG), PT Pertamina (Persero)

Abstract

This study aims to analyze the differences in profitability, liquidity, solvency, and activity ratios of PT Pertamina (Persero) before and after the implementation of Environmental, Social, and Governance (ESG) principles. The study uses a quantitative descriptive method with secondary data in the form of PT Pertamina (Persero) annual reports for the 2017–2024 period, which consists of four years before (2017–2020) and four years after the implementation of ESG (2021–2024). Data analysis was performed using descriptive statistics, normality tests, paired sample t-tests, and Wilcoxon tests. The results of the study show a descriptive increase in profitability (ROA), liquidity (CR), solvency (DAR), and activity (TATO) ratios after the implementation of ESG. However, statistically there was no significant difference in all financial ratios before and after the implementation of ESG.

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