Sustainability reporting is a critical component of corporate responsibility and accountability in today’s business landscape. It involves the disclosure of an organization’s environmental, social, and governance (ESG) performance to various stakeholders, including investors, customers, employees, and the public.
Our project aims to create a transnational, cross-sectoral and interdisciplinary research network aiming to design and provide a comprehensive understanding of how cultural and contextual factors shape sustainability reporting practices i.e. corporate disclosure on ESG risks and opportunities. The objectives of the research are:
O1. Investigate the cultural barriers and identify cultural enablers that facilitate high-quality non-financial disclosures of ESG–related matters.
O2. Systematically collect and analyze the quality of information toward a deeper understanding of the intricate interplay between cultural, regional, and industrial factors in sustainability reporting practices.
O3. Define cutting-edge interdisciplinary models with culturally sensitive information and promote effective disclosure strategies for better sustainability reporting practices.
A holistic approach is needed combining Environmental, Social, and Governance issues, assuring interdisciplinary and inter-sectoral field collaborations and more nuanced and inclusive analysis, initiating common actions and research, reflecting the dynamics and cross-cultural complexity of enterprises’ responses to sustainability challenges.
The intervention strategy is structured around the following framework of Work Packages:
Work Package No | Work Package Title | Lead participant | Start month | End month |
1 | Sustainability Data & Information Conceptualization: Theories, Frameworks, Standards | INNOWO | 1 | 24 |
2 | In-depth empirical research on cross-cultural sustainability information & reporting practices | UR | 13 | 44 |
3 | Cutting-edge Frameworks with Sustainable Business Models and Value Chain Information | TUL | 18 | 48 |
4 | Knowledge Transfer, Training & Capacity Building | BUT | 4 | 48 |
5 | Communication, Dissemination & Exploitation | MSU | 1 | 48 |
6 | Project Management and coordination | UNSTPB | 1 | 48 |
Funded by the European Union. Views and opinions expressed are however those of the author(s) only and do not necessarily reflect those of the European Union or the Research Executive Agency (REA). Neither the European Union nor the granting authority can be held responsible for them.
