T his study aims to analyze the influence of completeness level of disclosure of sustainability reports on economic dimensions, environmental dimensions and social dimensions on cost of debt with earnings management as moderating variable.The sample used in this study were 16 public companies listed on the Indonesia Stock Exchange during the years 2013-2016 with total research 64 observations. This study uses purposive sampling method to determine the sample. The tests were carried out by Regression Analysis.The results of this study indicate that the completeness level of disclosure of sustainability reports on economic dimensions has a significant negative effect on the cost of debt, the completeness level of disclosure of sustainability reports on environmental dimensions has an insignificant negative effect on the cost of debt, andthe completeness level of disclosure of sustainability reports on social dimensions has a significant negative effect on the cost of debt.This study also shows that earnings management moderates the completeness level of disclosure of sustainability reports on economic dimensions to cost of debt and also moderates the completeness level of disclosure of sustainability reports on social dimension to cost of debt. However, earnings management does not moderate the relationship between the completeness level of disclosure of sustainability reports on environmental dimension to cost of debt.