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Environment, Social and Governance Insights

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Sustainability Reporting: An Instrument of Corporate Accountability and Transparency

  • Amit Kumar* Amit Kumar Corresponding author Associate Professor School of Management, Christ University, India. India ,  
  • Sanjana Santra Sanjana Santra School of Management, Bennett University, Greater Noida, India. India
Received: April 17, 2025
Accepted: May 14, 2025
Published: June 13, 2025
Volume: 1 (1) | Page: 57-63

Abstract

Sustainability reporting (SR) has been playing a critical role in business that want to communicate their Environmental, Social, and Governance (ESG) efforts to society and other stakeholders. This research paper will review the present trends in sustainability reporting across industries and geographical regions. It will explore the motive that drives companies to embrace sustainability reporting framework, highlighting the increasing significance of Corporate Social Responsibility (CSR) and stakeholder management in carving reporting strategies. The paper deals with standards and methodologies used in sustainability reporting, emphasizing the important frameworks such as the Sustainability Accounting Standards Board (SASB), Integrated Reporting (IR), and Global Reporting Initiative (GRI). It will examine the problems faced by companies in the implementation of such frameworks, which include standardization and data collection problems, and the need for good governance to ensure credible information. The effect of sustainability reporting on a organization performance is evaluated through the findings of empirical research and industry norms. The paper provides directions for prospective research in sustainability reporting and advocating the integration of ESG in financial reporting. It underlines the role of society, investors, and regulatory bodies in moving toward a transparent and sustainable industry landscape.

Keywords: sustainability reporting; corporate accountability, carbon disclosure, environmental impact, global reporting initiative.

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