The drivers of the integration of the sustainable development goals into the non‐financial information system: Individual and joint analysis of their influence

Abstract

In response to recent calls about the need to improve the current understanding of what drives SDG reporting, this paper analyzes the individual and joint effect of a broad array of factors on the integration of the sustainable development goals (SDGs) into the non-financial information system. Using a sample made up of 1535

Are institutional investors “in love” with the sustainable development goals? Understanding the idyll in the case of governments and pension funds

“…Therefore, these findings allow us to accept Hypothesis 2 regarding the existence of a moderating effect of the internationalization of business investment on the relationship between institutional ownership and business commitment to the SDGs, implying that the influence of institutional investors is higher in the case of companies operating on the international market. These results are in line with those obtained by van der Waal and Thijssens (2020) and García‐Sánchez et al (2021), who found that institutional pressures regarding sustainability at the country level positively affect SDG engagement and reporting. However, our findings contrast with empirical evidence documented by Rosati and Faria (2019).…”

“…Regarding the control variables, we observe that business contribution to the SDGs is higher in larger companies (García‐Sánchez et al, 2021; van der Waal & Thijssens, 2020), which have more open governance structures and are alienated from society, with more diversified teams and specialized CSR committees (Melloni et al, 2020; Pizzi et al, 2021). Likewise, in line with García‐Sánchez, Aibar‐Guzmán, Aibar‐Guzmán, and Rodríguez‐Ariza (2020); García‐Sánchez et al (2021) pressures derived from greater monitoring by analysts promote a restructuring of the corporate sustainability strategy towards the challenges of the millennium.…”

“…Thus, according to van der Waal and Thijssens (2020), the low level of SDG engagement observed in companies from some countries (such as the fast‐growing emerging economies) can be explained by the fact that they perceive little public pressure in this regard. In a similar vein, García‐Sánchez et al (2021) state that engagement with SDGs is influenced by the institutional pressures that companies face in regard to sustainable development at the country level.…”

Sustainable development, disclosure to stakeholders and the Sustainable Development Goals: Evidence from Brazilian banks' non‐financial reports

“…The SDGs are more integrated and better connected than their predecessors (Millennium Development Goals), allowing for integrated policies and synergies (Le Blanc, 2015). The role of companies' top management is key in the search for greater integration of the SDGs into activities and influencing factors are composition of the board of directors and the board of executive officers, and the training of the CEO (Cosma et al, 2021; García‐Sánchez et al, 2021). Brazilian banks should pay attention to the composition of their strategic boards in order to achieve an increasingly sustainable management.…”

R&D contribution to sustainable product attributes development: The complementarity of human capital

“…ROA is a return on assets ratio taken from the study of García-Sánchez et al (2021). Hamann et al (2013) argue that ROA is a widely used proxy for operationalizing organizational efficiency.…”