Sustainability Reporting in the EU-27: The Impact of National ESG Ecosystems and Organizational Implications
Sustainability reporting is a vital element that enables stakeholders to discern how companies comply with social, environmental, and governance regulations while assessing sustainable development. This study examines the national context that influences corporate sustainability reporting, emphas...
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| Main Authors: | , , , , , |
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| Format: | Article |
| Language: | English |
| Published: |
Editura ASE
2025-08-01
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| Series: | Amfiteatru Economic |
| Subjects: | |
| Online Access: | https://www.amfiteatrueconomic.ro/temp/Article_3453.pdf |
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| Summary: | Sustainability reporting is a vital element that enables stakeholders to discern how companies
comply with social, environmental, and governance regulations while assessing sustainable
development. This study examines the national context that influences corporate
sustainability reporting, emphasising the interplay between macrolevel ESG economic
conditions and firm-level disclosures mandated by frameworks such as the Corporate
Sustainability Reporting Directive (CSRD). While previous studies focused on
organisational and concept-level analysis, the originality of this study lies in the direct
evaluation of national ESG-economic ecosystems on the preparedness of EU member states
for sustainability reporting under the new directive. A macroeconomic analysis of the EU-27
member states was performed using key ESG and economic indicators, with the principal
component analysis generating a composite index of national performance. Additionally, the
clustering of K-means revealed different regional profiles that reflect differences in ESG
economic metrics. These findings have important implications, as countries with stronger
macro indicators encourage environments that facilitate the adoption of advanced reporting
methods, while countries facing economic and institutional challenges may require targeted
interventions to improve transparency and compliance. This approach provides valuable
information for policymakers and investors, emphasising the systemic links between national
conditions and effective sustainability reporting at the organisational level |
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| ISSN: | 1582-9146 2247-9104 |