scholarly journals Sustainability Reporting Guideline for Small Medium Enterprises (SMEs): Case Study from 25 SMEs in Indonesia

2021 ◽  
Vol 1 (2) ◽  
pp. 10-20
Author(s):  
Paulina Permatasari ◽  
Elsje Kosasih
Keyword(s):  
Sustainable Development ◽  
Social Indicators ◽  
Sustainability Reporting ◽  
Economic Indicator ◽  
General Information ◽  
Environmental Indicators ◽  
Reporting Guideline ◽  
Reporting Guidelines ◽  
Reporting Practices ◽  
Small Medium Enterprises

The sustainability reporting trend has been increasing in Indonesia for the past few years, with the government’s plan to make sustainability reporting mandatory for all companies, including Small and Medium-sized Enterprises (SMEs) that have significant impacts on national economics. So far, there are no specific guidelines for SME’s sustainability report. There are many indicators in the global sustainability reporting guidelines that are not suitable for SMEs since they are limited in the resources and knowledge they can disseminate. Therefore, this study aims to develop a sustainable reporting guideline for SMEs. This study analyzes the sustainable development reporting practices of Indonesia and other countries through literature review, interviews and surveys, in order to build a sustainable development reporting guide for SMEs. The reporting guidelines recommended in this study contain 25 indicators: 12 general information indicators, 1 economic indicator, 6 environmental indicators, and 6 social indicators. Based on a survey of 25 small and medium-sized enterprises, this guideline is suitable for preparing SMEs’ sustainability reports.

scholarly journals SUSTAINABILITY REPORTING PRACTICES WITH SPECIAL REFERENCE TO CEMENT INDUSTRY IN INDIA

2021 ◽  
Vol 4 (2) ◽  
pp. 18-29
Keyword(s):  
Sustainable Development ◽  
Special Reference ◽  
Sustainability Reporting ◽  
Environmental Issues ◽  
Cement Industry ◽  
Manufacturing Companies ◽  
Reporting Practices ◽  
Corporate Activity ◽  
Cement Manufacturing ◽  
Reporting Pattern

Over recent years, there has been a focus in corporate activity upon the concept of sustainability reporting. Sustainability reporting has gained importance by Indian companies and corporates have adopted sustainability reporting practices since few years. Sustainability reporting of an organisations provides information about discharge of social reasonability and level of sensitivity of organisations towards social and environmental issues. Though sustainability reporting is not compulsory in the country many companies are reporting their initiatives in the direction of sustainable development. This paper attempt to evaluate sustainability reporting by leading Cement Manufacturing companies. This paper describes reporting pattern of cement industry in India.

Compliance in Sustainability Reporting

2019 ◽  
pp. 38-65
Author(s):  
Svetlana Snezhko ◽  
Ali Coskun
Keyword(s):  
Sustainable Development ◽  
Best Practices ◽  
Financial Reporting ◽  
Corporate Sustainability ◽  
Sustainability Reporting ◽  
Positive Trend ◽  
Reporting Practices ◽  
Main Achievement ◽  
Corporate Reporting ◽  
Sustainability Reports

The research is aimed at assessing the benefits of compliance for corporate sustainability and sustainable development. The main achievement of the research is the outcome of the survey on companies' public reports to identify the trends and measure the progress achieved in disclosing information on compliance. There are both business and public drivers for disclosure of compliance information in non-financial reporting. Best practices in disclosing information on compliance by the company-leaders were revealed. There is a positive trend in the expansion of information on compliance in sustainability reports in recent years. Some problematic areas in reporting on compliance were identified. The outcomes of the research call for companies to disclose information on compliance in a more explicit way. The results may be valid for the improvement of corporate reporting practices.

scholarly journals Formation of indicators of sustainable development for the resource region: the Amur ecoregion

2021 ◽  
Vol 895 (1) ◽  
pp. 012004
Author(s):  
N E Antonova ◽  
N V Lomakina
Keyword(s):  
Sustainable Development ◽  
State Policy ◽  
Relative Stability ◽  
Social Indicators ◽  
Federal District ◽  
Environmental Indicators ◽  
Regional Level ◽  
Economic Sustainability ◽  
Scientific Significance ◽  
Far Eastern

Abstract The article discusses the formation and practical use of indicators for assessing the sustainability of development at the regional level. Using the example of the Amur ecoregion, we study the dynamics of some economic, social and environmental indicators in 2013-2019, their compliance with the objectives of the state policy for the accelerated development of the Far Eastern Federal District. It is shown that the result of the action of preferential regimes was the growth of resource industries in the structure of the economy of the Amur ecoregion. A certain decrease in the parameters of sustainability according to social indicators was revealed with positive dynamics of economic and relative stability of environmental indicators in the Amur ecoregion. The relevance and scientific significance of the development of methodological and methodological support for assessing socio-ecological-economic sustainability and the formation of its indicators for the regional level was confirmed.

scholarly journals Analyzing the quality disclosure of Global Reporting Initiative G4 sustainability report in Indonesian companies

2020 ◽  
Vol 17 (4) ◽  
pp. 453-468
Author(s):  
Wika Harisa Putri ◽  
Handoko Arwi Hasthoro ◽  
Ghea Maudhia Putri
Keyword(s):  
Sustainability Reporting ◽  
Economic Indicator ◽  
Environmental Indicators ◽  
Global Reporting Initiative ◽  
Corporate Accountability ◽  
Financial Industry ◽  
Environmental Reporting ◽  
Industry Classification ◽  
Sustainability Reports ◽  
Sustainability Report

The establishment of a company cannot be separated from its environmental and social factors. Sustainability reports start from those applied to current companies because there are forms of corporate accountability to stakeholders and community considerations of the company to provide social responsibility. This study finds out and empirically proves that there are differences in each Global Reporting Initiative (GRI) G4 indicator in the company’s sustainability report in each industry classification. The authors investigate the dominant indicators in each industry classification based on sustainability reports. The data are obtained from 28 GRI G4-based company sustainability reports in 2016 and 2017. The analytical method in the study is the K-means clustering analysis. The results of study indicate the differences in GRI G4 in 2016 and 2017. The researchers find out that the dominant indicator expressed in the financial industry is an economic indicator. Meanwhile, in the mining, transportation and infrastructure industries, basic and chemical industries etc. the dominant indicators to be disclosed are environmental indicators. This research provides a theoretical basis for sustainability and environmental reporting, particularly in the context of developing countries. It is expected that this study should also inform business practitioners as well as policymakers vis-à-vis sustainability reporting in practice.

scholarly journals A Data-Driven Approach to Evaluation of Sustainability Reporting Practices in Extractive Industries

2021 ◽  
Vol 13 (16) ◽  
pp. 8716
Author(s):  
Cansu Perdeli Demirkan ◽  
Nicole M. Smith ◽  
H. Sebnem Duzgun ◽  
Aurora Waclawski
Keyword(s):  
Sustainable Development ◽  
Oil And Gas ◽  
Sustainability Reporting ◽  
Initial Step ◽  
Data Driven ◽  
Extractive Industries ◽  
Reporting Practices ◽  
Data Driven Approach ◽  
Sustainability Reports ◽  
Over Time

Sustainability reporting is one of the tools that contribute to incorporating sustainable development in the design of extractive operations (i.e., “Design for Sustainability”), and the demand for sustainability reports is increasing due to the increased focus on sustainable development and sustainable financing efforts. The extractive industries are believed to have unique strengths to contribute to achieving the Sustainable Development Goals. Nonetheless, companies are expected to be transparent and accountable not only to investors but to all stakeholders, including communities, suppliers, clients, employees, and governments. Therefore, extractive industries require effective sustainability accounting and reporting to transition and contribute to sustainable development. Through a data-driven approach, this paper examines the scope and consistency of sustainability indicators used in the sustainability reports of eight oil and gas and eight mining companies from 2012 to 2018. Through content analysis and relevant statistical methods, we analyze the ways in which companies reported on their contributions to sustainable development, with a focus on indicators used and trends over time both within each industry and between industries. We demonstrate that extractive industries’ sustainability reporting practices are not consistent over time and that internal issues are better represented than external issues, in particular transportation and supply chain issues. Furthermore, while there are similar trends across the industries in terms of social and environmental indicator reporting, there are significant differences in economic reporting. We conclude that although both industries have established sustainability reporting practices, there are trends that demonstrate what companies are focusing on more, as well as areas for improvement. We see this as an initial step for conceptualizing how these industries can more objectively, consistently, and effectively assess and contribute to sustainable development.

scholarly journals Innovation Policy and Sustainable Regional Development in Agriculture: A Case Study of the Stavropol Territory, Russia

2021 ◽  
Vol 13 (6) ◽  
pp. 3509
Author(s):  
Anastasia Chaplitskaya ◽  
Wim Heijman ◽  
Johan van Ophem ◽  
Olga Kusakina
Keyword(s):  
Sustainable Development ◽  
State Policy ◽  
Agricultural Development ◽  
Positive Impact ◽  
Innovation Policy ◽  
Economic Indicator ◽  
Environmental Indicators ◽  
Sustainable Growth ◽  
The Sustainable Development ◽  
The Impact

This paper considers innovations as one of the factors of sustainable agricultural development of the Stavropol Territory. It focuses on the impact of state policy at the regional level in the field of innovations on the sustainable development of the region’s agriculture. This paper tests whether the implementation of the policy in innovations increased the sustainable growth of agricultural development. To do so, a model with switch variables was used. Principle component analysis was used to calculate a composite sustainability index of selected socio-economic and environmental indicators. The hypothesis that the introduction of a state policy aimed at innovation has a positive impact on the sustainable development of the regional agriculture was corroborated. We also assessed the impact of implementing this policy within each dimension separately. The socio-economic indicator is more important than the environmental indicator.

Matter of opinion

2019 ◽  
Vol 32 (4) ◽  
pp. 1043-1072 ◽  
Author(s):  
Jenni Puroila ◽  
Hannele Mäkelä
Keyword(s):  
Sustainable Development ◽  
Stakeholder Engagement ◽  
Qualitative Content Analysis ◽  
Corporate Sustainability ◽  
Sustainability Reporting ◽  
Rational Approach ◽  
Content Type ◽  
Reporting Practices ◽  
Political Role ◽  
Sustainability Reports

Purpose The purpose of this paper is to contribute to the socio-political role of materiality assessment in sustainability reporting literature and discuss the potential of materiality assessment to advance more inclusive accounting and reporting practices, in particular critical dialogic accounting. Design/methodology/approach Drawing on literature on the concept of materiality together with insights from stakeholder engagement, commensuration and critical dialogic accounting the paper analyses disclosure on materiality in sustainability reports. Empirically, qualitative content analysis is used to analyse 44 sustainability reports from the leading companies. Findings The authors argue that, first, the technic-rational approach to materiality portrays the assessment as a neutral and value-free measurement, and second, the materiality matrix presents the multiple stakeholders as having a unified understanding of what is considered important in corporate sustainability. Thus, the technic-rational approach to the materiality assessment, reinforced with the use of the matrix is a value-laden judgement of what matters in corporate sustainability and narrows down rather than opens up the complexity of the assessment of material sustainability issues, stakeholder engagement and the societal pursuit of sustainable development. Originality/value The understandings and implications of the concept of materiality are ambiguous and wide-reaching, as, through constituting the legitimised set of claims and information on corporate sustainable performance, it impacts our understanding of sustainable development at large, and affects the corporate and policy-level transition towards sustainability. Exploring insights from critical dialogic accounting help us to elaborate on the conceptions and practical implications of materiality assessment that enhance stakeholder engagement in a democratic, rather than managerial, spirit.

Linking sustainability reporting frameworks and sustainable development goals

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Cristina Alexandrina Stefanescu
Keyword(s):  
Sustainable Development ◽  
Development Strategy ◽  
Information Disclosure ◽  
Sustainable Development Goals ◽  
Sustainability Reporting ◽  
Global Reporting Initiative ◽  
Integrated Reporting ◽  
Content Type ◽  
Reporting Practices ◽  
Development Goals

Purpose This study aims to explore the linkages between sustainable development and sustainability reporting by approaching the UN’s 2030 Agenda in connection with the Integrated Reporting (IR) and Global Reporting Initiative (GRI) frameworks. It aims to outline a theoretical model able to support the achievement of sustainable development goals (SDGs) through appropriate reporting. Design/methodology/approach The research methodology follows a qualitative approach, combining content and benchmarking analyses of the official documents in question. It aims to provide a better understanding of the conceptual matches between the “5 Ps” of sustainable development and the two sustainability reporting frameworks (IR and GRI) by breaking them down into components and overlapping their constituents to highlight the connections. Findings The results reveal that both sustainability reporting frameworks provide prerequisites to ensure SDGs achievement due to the embedded sustainability issues. As there are more matches between SDGs and the capitals implied in the pursuit of value creation, IR better fits to become part of the sustainable development strategy as a valuable option for reporting on SDGs. Practical implications The study addresses academia through a better understanding of the connections between SDGs and sustainability reporting. It might help regulators to improve their latest efforts to enhance transparency and comparability through the enactment of Directive 2014/95, as long as it has not imposed a standardised report yet. It could guide practitioners to face future challenges and support their steps towards standardised reporting practices. Originality/value This paper approaches the newsworthy topic of sustainable development, outlining a conceptual model meant to support the SDGs achievement through appropriate standardised reporting. It might also fill the gap of the Directive 2014/95 on non-financial information disclosure as it identifies the most suitable type of reporting to enhance the harmonisation at the European level.

scholarly journals The Effect of Sustainable Development on Economic Complexity in OECD Countries

2021 ◽  
Vol 10 (2) ◽  
pp. 51-80
Author(s):  
Sevda Yaprakli ◽  
Erdemalp Ozden
Keyword(s):  
Sustainable Development ◽  
Social Indicators ◽  
Oecd Countries ◽  
Environmental Indicators ◽  
Green Economy ◽  
Production Factor ◽  
Renewable Energy Consumption ◽  
Economic Complexity ◽  
Development Levels ◽  
New Policies

Economic complexity showing a holistic measure of countries' economic productive power and characteristics has become a new tool for understanding the dynamics of the economy. Examining the relationship between sustainable development and this new tool is vital in determining new policies. By applying panel data of OECD countries covering different development levels from 1996 to 2017 to a data-driven dynamic econometric model, the research provides fresh insight between sustainable development and economic complexity. The results indicate that economic complexity is significantly affected by sustainable developments’ economic indicators such as GDP, FDI, R&D expenditure, social indicators such as human development, income inequality, and environmental indicators such as production-based CO2 emissions, renewable energy consumption, and greenhouse gas. The research, consequently, suggests that switching to technology and knowledge-based production processes, expanding qualified production factor capacity, raising social living standards, and making investments in the green economy will foster economic complexity while ensuring stable sustainability.

Developing a framework for assessing sustainable banking performance of the Indian banking sector

2019 ◽  
Vol 15 (5) ◽  
pp. 689-709 ◽  
Author(s):  
Kishore Kumar ◽  
Ajai Prakash
Keyword(s):  
Sustainable Development ◽  
Developing Countries ◽  
Banking Sector ◽  
Sustainability Reporting ◽  
Developed Countries ◽  
Environmental Indicators ◽  
Social Dimension ◽  
Content Type ◽  
The Social ◽  
Banking Institutions

Purpose Sustainable development has now been recognised as the pivot around which development activities should revolve. Banking is an important component in the same and adoption of sustainable banking practices by various banking institutions is a strong driver to achieve sustainable development. The purpose of this paper is to study the level of adoption of sustainable banking tools and the extent to which banking institutions practice the same in India. In addition, the banking institutions have been ranked and categorised on basis of their sustainable banking performance. Design/methodology/approach The proposed framework focuses on the environmental and social conduct of the banks, who address the issues of sustainability in Indian banking sector. As there is a difference in the economic standards of developed and developing countries, the review of literature helps to figure out the gap in specific frameworks for assessing sustainable banking practices in developing countries. Previous researchers have made an attempt to develop a general framework for assessing the sustainable banking efforts of the banking sector. These studies fall short of indicators on the social dimension of sustainability specifically in the context of less developed countries like India, the social dimensions are is equally a major thrust area along with environmental indicators. Content analysis technique has been used to evaluate sustainable banking performance of the banks and Mann–Whitney U test used to determine the differences in sustainable banking performance of the banks in India. Findings In Indian banking sector, the adoption of the international sustainability code of conduct is still in its nascent stage. The research indicates that sustainability issues which are of the highest priority for the banks are directly related to their business operations such as financial inclusion, financial literacy and energy efficiency, and banks are more focussed on addressing social dimension of sustainability in banking rather than important dimensions of sustainable banking, namely, environmental management, development of green products and services and sustainability reporting. Practical implications The application of the proposed framework reflects the status quo of sustainable banking in India. This study is useful for the banks and all the stakeholders in understanding more about the shortcomings in integrating sustainability issues in banking. Further, the present study also redresses the extant research dearth in the field of sustainable banking in the Indian context. Originality/value This is one of the first studies evaluating the sustainable banking performance of the Indian banking sector.

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