NEWS RELEASE / March 20, 2020

The Naga Survey 2020: IR & ESG performance amongst IDX-listed companies

AWR Lloyd has just completed its first survey of IR and ESG reporting amongst companies listed on the Indonesia Stock Exchange. We were able to secure responses from a representative sample of 77 companies, as well as feedback from interviews with fund managers and analysts.

We have called it the ‘Naga Survey’ and we will aim to update it approximately every 2 years. The mythology of dragons and nagas has different meanings in Eastern and Western traditions, both positive and negative – but underlying both traditions are themes relating to the uncertainty and potential chaos of the world around us. Effective strategy is about finding ways to ‘tame’ the dragons, obtaining their pearls of wealth and wisdom – and ultimately securing their protection.

If you have any queries in relation to the Naga Survey 2020, please contact us at

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