Jurnal Akuntansi Universitas Jember Vol. 20 No. 1 (2022) Bimantara et al., Relevansi Nilai Laporan Berkelanjutan Perusahaan Peserta .............................. 16 RELEVANSI NILAI LAPORAN KEBERLANJUTAN PERUSAHAAN PESERTA ASIA SUSTAINABILITY REPORTING RATING (ASRRAT) YANG TERCATAT DI BURSA EFEK INDONESIA (VALUE RELEVANCE OF CORPORATE SUSTAINABILITY REPORTS PARTICIPATING COMPANIES IN ASIA SUSTAINABILITY REPORTING RATING LISTED ON THE INDONESIA STOCK EXCHANGE) Anggi Bimantara 180810301049@mail.unej.ac.id Universitas Jember Yosefa Sayekti yosefa.sayekti@unej.ac.id Universitas Jember Dewi Ayu Puspita dewiayu@unej.ac.id Universitas Jember ABSTRACT This study aims to examine and analyze an effect of the disclosure of sustainability reports and company ratings on the value relevance proxied by the Earning Response Coefficient of participating companies in the Asia Sustainability Reporting Rating (ASRRAT) listed on the Indonesia Stock Exchange. This research belongs to the quantitative type using secondary data, there are annual report and the sustainability report start from 2017 until 2019. The sample selection method in this study was purposive sampling and resulted in 38 research samples. This study uses sustainability report disclosure and company ranking for independent variable, size for control variable, and Earning Response Coefficient for dependent variable. This result showed that the disclosure of sustainability reports and company rating had no effect on the value relevance proxied by the Earning Response Coefficient of participating companies in the Asia Sustainability Reporting Rating (ASRRAT) listed on the Indonesia Stock Exchange. In addition, company size as a control variable also shows no effect on the value relevance proxied by the Earning Response Coefficient of participating companies in the Asia Sustainability Reporting Rating (ASRRAT) listed on the Indonesia Stock Exchange. Keywords: Asia Sustainability Reporting Rating, Earning Response Coefficient, Sustainability Report, Value Relevance