A CSR activity is seen being held by a state-owned company (ANTARA)
JAKARTA, GRES.NEWS – The term ‘Corporate social Responsibility’ (CSR) was introduced in Indonesia’s legal system when Law No.40/2007 on Limited Liability Companies, which stipulates the obligation for companies to hold CSR activities.
To elucidate the law, the government has issue Government Regulation No.47/2012 on Corporate Social and Environment Responsibilities for Limited Liability Companies.
The limited liability companies that are required to launch CSR programs are those that exploit natural resources. However, Law No.25/2007 on Capital Investments stipulates that every capital investment is required to preserve the environment and conduct corporate and environment responsibility activities.