Review article

Organisational Reporting in the EU on Sustainability

Darinka Kamenšek ; College of Accounting and Finance, Ljubljana, Slovenia
Mojca Gornjak orcid.org/0000-0003-0704-739X ; College of Accounting and Finance, Ljubljana, Slovenia

Abstract

Measures of an organisation’s performance concerning risks, opportunities, and stated strategies are part of environmental, social, and governance (ESG) or sustainability reporting, including qualitative assessments and quantitative measurements. The environmental component (E) deals with possibilities and risks associated with climate, natural resource shortages, pollution, waste, and other environmental variables. Information on the organisation’s values and business concepts is called the social component (S), while information about its corporate governance is called the governance component (G). Organisational sustainability, often known as non-financial reporting, has grown in importance and has been required in the EU since 2014. The European Sustainability Reporting Standards (ESRS), anticipated to go into implementation in 2024, will be required
for most European organisations.

Keywords

sustainability; sustainability reporting; ESG; GRI; ESRS

Hrčak ID:

309491

URI

https://hrcak.srce.hr/309491

Publication date:

1.10.2023.

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