“…The disclosure of company performance on culture, environment, and the economy is made separately from annual reporting, and this separation helps increasing the level of accountability, responsibility, and transparency of the company on the eye of investors and other stakeholders (Khalil & O'sullivan, 2017;Odoemelam et al, 2020;Zhyhlei et al, 2020). Sustainability report has become a good trend, and every progressive company begins to feel necessary to conduct sustainability reporting to inform their performance on society, environment, and economy to company stakeholders (Bird & Davis-Nozemack, 2018;Nurim & Asmara, 2019;Semuel et al, 2019;Meutia et al, 2020;Permatasari et al, 2020). Therefore, sustainability reporting always contains information about financial and non-financial performances, and this information is for the sake of company sustainability (sustainable performance).…”