The Sustainable Development Goals (SDGs) are the second 15-year cycle after the Millennium Development Goals (MDGs), which purposes to maintain the balance of the three main dimensions of sustainable development, encompassing the environment, social and economy into a common and universal goal. Indonesia, as a country involved in the SDGs agreement, has followed up with the preparation of relevant programs in accordance with the main tasks of the relevant ministries and institutions. However, the achievement of SDGs should not be solely the task of the state or government. All elements in a country should participate in it, including business entities, especially State Owned Enterprises (SOEs). Therefore, this study aims to see how the role of business entities especially SOEs in supporting the achievement of the SDGs. The role of SOEs in this paper, is seen from corporate governance (CG) perspectives with concerning on the board of commissioners.

A total of 20 SOEs became the sample of this study and produce 80 observations for three consecutive years (2015-2018). Secondary data in the form of corporate social responsibility disclosure in the annual report is the object of research. The annual report is obtained from the Indonesia Stock Exchange (IDX) database, completed by the data from the website of each SOEs. The financial data is sourced from the Bloomberg database.

The result shows that the board of commissioners (the board size of commissioners and independent commissioners) had a significant role in encouraging SOEs to achieve the SDGs presented in CSR disclosures. Gender on the board of commissioners and the number of meetings has not shown a significant role. Other findings indicate that company size is still a significant factor determining the disclosure of SDGs.