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Abstract
This study aims to analyze the effect of sustainability reporting and environmental performance disclosure on the financial performance of energy companies listed on the Indonesia Stock Exchange (IDX) for the period 2020–2024. The research approach used is quantitative with panel data regression analysis. The independent variables consist of the quantity and quality of sustainability report disclosures and environmental performance proxied by greenhouse gas (GHG) emissions, while the dependent variable is measured using Return on Assets (ROA). The results of the study indicate that the disclosure of sustainability reports, both in terms of quantity and quality, does not have a significant effect on financial performance. Similarly, environmental performance has no significant effect on company profitability. These findings indicate that sustainability practices in Indonesia's energy sector are not yet fully perceived as a strategic factor influencing corporate financial performance.