Environmental Reporting as an Imperative of the ESG Standard

• Autorzy: Katarzyna Żak
• Języki publikacji: EN

Abstrakty

EN

Purpose: The cognitive purpose of the paper is a synthetic presentation of the achievements on the standards already operating in the sphere of environmental reporting and new solutions contained in the Corporate Sustainability Reporting Directive (CSRD). The utilitarian goal of the study is to present selected elements and conclusions of the environmental reporting conducted in 2021 by companies in Poland and around the world, in accordance with the TCFD standard (The Task Force on Climate-related Financial Disclosures). Design/methodology/approach: Research methods used in the paper include the review of Polish and foreign literature and the analysis of data from secondary sources. The desk research analysis is based on the numerical information contained in the Ernst & Young Reports: "Climate Risk Disclosure Barometer - Poland 2021" and "Global Climate Risk Disclosure Barometer". Findings: The result of the research is, firstly, the presentation of the requirements of the new ESG standard in the field of environmental protection (CSRD), and secondly - the analysis and evaluation of trends in the current environmental reporting in accordance with the TCFD standard by selected companies operating in Poland and on the world market. Research limitations/implications: The presented findings are an inspiration to perform further research and answer the question about the real motives for very limited environmental reporting by enterprises in Poland and on a global scale. Practical implications: The analysis and assessment of environmental reporting allows to determine for which categories of enterprises and for which sectors and economies, environmental protection issues are the priority in their activity. Social implications: The analysis and evaluation of environmental reporting according to the presented standards should contribute to expanding the information base for various groups of internal and external stakeholders about the impact of enterprises' activities on the natural environment. Originality/value: The paper synthetically presents the increasingly important and urgent need to consider various aspects of environmental protection in connection with the business activity of entities operating on the Polish and international arena.(original abstract)

Słowa kluczowe

EN

Natural environment; Non-financial reporting; Environmental protection

PL

Środowisko przyrodnicze; Sprawozdawczość niefinansowa; Ochrona środowiska

• Czasopismo: Zeszyty Naukowe. Organizacja i Zarządzanie / Politechnika Śląska
• Rocznik: 2022
• Numer: z. 163
• Strony: 727--741

Twórcy

autor

Katarzyna Żak

• University of Economics in Katowice, Poland

Bibliografia

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Identyfikatory

DOI

10.29119/1641-3466.2022.163.45