BDO and MVGX launch AI tool to simplify ESG reporting

Indonesia’s accounting and advisory firm BDO and Singapore-based MVGX have introduced a new AI driven platform to assist Indonesian businesses with sustainability reporting.

The tool is intended to automate data handling, aiming to lower both the duration and expense of manual processes.

Firms using the system are expected to generate reports in roughly half the usual time.

The platform is claimed to enhance the precision of reported data through automated analysis and structured workflows.

The collaboration started in September 2023, initially centred on providing carbon-related solutions through MVGX’s Carbon Connect service.

It has since expanded to address broader environmental, social, and governance (ESG) requirements.

The platform is intended to support businesses in meeting both local regulations and global standards.

These include guidelines set by the Global Reporting Initiative (GRI) and the International Sustainability Standards Board (ISSB).

Key features include a proprietary AI inference engine and a localised emissions factor database. These components guide companies step-by-step through the reporting process.

An online form and questionnaire are included to promote uniformity and simplify submissions, particularly for firms listed on public exchanges. This is intended to support regulatory compliance and ease of use.

The expanded partnership reflects an effort by both companies to help businesses respond to changing expectations in sustainability and corporate transparency.

It also signals a move toward digital tools in environmental reporting practices.

BDO Indonesia CEO Thano Tanubrata said: “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.

“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.”