An Analysis of the Adherence to GRI for Disclosing Information on Social Action and Sustainability Concerns

Crisóstomo, Vicente Lima; Prudêncio, Priscila de Azevedo; Forte, Hyane Correia

doi:10.1108/s1479-359820160000006002

Cited by 11 publications

(1 citation statement)

References 47 publications

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“…A further main argument in favor of the GRI adoption is that its guidelines have been constantly updated and integrated to rely on technical protocols for all performance indicators (Crisostomo et al , 2017). Thus, from an initial set of core indicators with a clear emphasis on environmental disclosure (GRI-G1, 2000), the GRI framework has developed into a comprehensive set of detailed reporting standards, structured into universal and topic-specific standards.…”

Section: Institutional Background Of the Studymentioning

confidence: 99%

The impact of the EU nonfinancial information directive on environmental disclosure: evidence from Italian environmentally sensitive industries

Papa

Carrassi

Muserra

et al. 2022

MEDAR

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Purpose To determine whether to entrust the European Union (EU) to create a new nonfinancial reporting framework or endorse the extant reporting framework developed by the Global Reporting Initiative (GRI), this study aims to explore whether the mandatory implementation of the EU Directive positively impacted the GRI-based environmental disclosure. Design/methodology/approach The authors compared the pre- and post-EU Directive environmental disclosure of 16 Italian environmentally sensitive companies. The authors used an extended coding scheme and developed a unique scoring system to compare the quantitative and qualitative changes in environmental disclosure. Findings The analysis showed that the quantity of environmental disclosure increased after the mandatory EU Directive adoption. The most significant change was observed regarding the disclosure topics explicitly required by the Italian legislature. Additionally, disclosure of soft information continued to prevail over that of hard information in the post-Directive period. While the Directive boosted the level of adherence to GRI standards, Italian companies disclosed information that could be easily mimicked (soft) instead of objective measures that could be verified (hard). In light of this evidence, the endorsement of extant GRI standards could be a valuable option for enhancing the comparability and transparency of environmental disclosure. Originality/value This study used an original extended coding system and proposed related environmental disclosure indexes that allow monitoring changes in environmental disclosure over time. To the authors’ best knowledge, this study is one of the few that justifies the significant impact of regulation (here the EU Directive) on the increase in environmental disclosure and that uses hard and soft information typology to examine the quality of environmental disclosure.

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Section: Institutional Background Of the Studymentioning

confidence: 99%

The impact of the EU nonfinancial information directive on environmental disclosure: evidence from Italian environmentally sensitive industries

Papa

Carrassi

Muserra

et al. 2022

MEDAR

View full text Add to dashboard Cite

show abstract

The Mandatory Non-financial Disclosure in the European Union

Veltri

2020

Mandatory Non-Financial Risk-Related Disclosure

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Triple bottom line of the CSR concept and its reporting

Belás

Zvaríková

2021

SHS Web Conf.

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Research background: The global situation is alarming. Many scholars, politicians, non-profit organizations and journalists worldwide remind of these arising problems. Sustainability seems to be the only solution, and also many companies try to do their best to contribute to this issue. Purpose of the article: CSR is considered a valuable tool in many fields – profit, stakeholders, and environmental dimensions. All these dimensions are characterized by their specifics, but it is proven that CSR positively impacts all of them. But the frequent problem is that although the companies are aware of the stakeholders´ importance, they are not able to report their activities or report them in an understanding way. Methods: Methods of the literature review is used for the theoretical background to understand the importance of three dimensions of CSR. Method of analysis is used to analyze of GRI index. Findings & Value added: Literature review proves the importance of CSR towards all three dimensions. According to analysis of the DRI index, it is evident, that not only organizations from developed countries have reported, but also organizations from developing countries had become reporting. Following the result of our analysis, we can see that 1 694 organizations from 80 countries try to come close to stakeholders and want to inform them about their activities.

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An Analysis of the Adherence to GRI for Disclosing Information on Social Action and Sustainability Concerns

Cited by 11 publications

References 47 publications

The impact of the EU nonfinancial information directive on environmental disclosure: evidence from Italian environmentally sensitive industries

The impact of the EU nonfinancial information directive on environmental disclosure: evidence from Italian environmentally sensitive industries

The Mandatory Non-financial Disclosure in the European Union

Triple bottom line of the CSR concept and its reporting

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