Sustainability as a strategy base in Spanish firms: Sustainability reports and performance on the sustainable development goals

This article examines corporate sustainability reports, the standards they use, and their connection to performance on the sustainable development goals (SDGs) from firms in the main Spanish stock index. The investigation was performed through an exploratory, descriptive, analytic study as well as e...

Full description

Bibliographic Details
Author: Gutiérrez Ponce, Herenia
Format: article
Publication Date:2023
Country:España
Institution:Universidad Autónoma de Madrid
Repository:Biblos-e Archivo. Repositorio Institucional de la UAM
Language:English
OAI Identifier:oai:repositorio.uam.es:10486/707204
Online Access:http://hdl.handle.net/10486/707204
https://dx.doi.org/10.1002/sd.2566
Access Level:Open access
Keyword:ESG score
SDG compass
SDG reporting
Sustainability reporting
Sustainable development goals
Economía
id ES_1b44e7c46a6ac4d1c8c79b8ea77a2f2d
oai_identifier_str oai:repositorio.uam.es:10486/707204
network_acronym_str ES
network_name_str España
repository_id_str
spelling Sustainability as a strategy base in Spanish firms: Sustainability reports and performance on the sustainable development goalsGutiérrez Ponce, HereniaESG scoreSDG compassSDG reportingSustainability reportingSustainable development goalsEconomíaThis article examines corporate sustainability reports, the standards they use, and their connection to performance on the sustainable development goals (SDGs) from firms in the main Spanish stock index. The investigation was performed through an exploratory, descriptive, analytic study as well as examination of the disclosure and performance on the SDGs after Law 11/2018 went into effect in Spain. The study methods used include parametric correlations that explain the associations between the global reporting initiative (GRI) and environmental, social, and governance (ESG) standards and the level of performance on SDGs/ESG in the sustainability reports. We found that all firms present their verified sustainability reports, that the level of ESG information is above 75%, and that the GRI is the sustainability standard used. Further, all firms contribute on average a 75% level of information on all goals and on each of the 17 goals for the 2030 Agenda. We obtain significant analogies in level of disclosure of GRI-ESG information and level of performance on the SDGs/ESG. In addition, the higher the level of information on environmental GRI standards, the better the firm's position in the environmental SDG rankingWileyDepartamento de ContabilidadFacultad de Ciencias Económicas y Empresariales20232023-04-10research articlehttp://purl.org/coar/resource_type/c_2df8fbb1VoRhttp://purl.org/coar/version/c_970fb48d4fbd8a85info:eu-repo/semantics/articleapplication/pdfhttp://hdl.handle.net/10486/707204https://dx.doi.org/10.1002/sd.2566reponame:Biblos-e Archivo. Repositorio Institucional de la UAMinstname:Universidad Autónoma de MadridInglésengopen accesshttp://purl.org/coar/access_right/c_abf2info:eu-repo/semantics/openAccessoai:repositorio.uam.es:10486/7072042026-06-23T12:46:27Z
dc.title.none.fl_str_mv Sustainability as a strategy base in Spanish firms: Sustainability reports and performance on the sustainable development goals
title Sustainability as a strategy base in Spanish firms: Sustainability reports and performance on the sustainable development goals
spellingShingle Sustainability as a strategy base in Spanish firms: Sustainability reports and performance on the sustainable development goals
Gutiérrez Ponce, Herenia
ESG score
SDG compass
SDG reporting
Sustainability reporting
Sustainable development goals
Economía
title_short Sustainability as a strategy base in Spanish firms: Sustainability reports and performance on the sustainable development goals
title_full Sustainability as a strategy base in Spanish firms: Sustainability reports and performance on the sustainable development goals
title_fullStr Sustainability as a strategy base in Spanish firms: Sustainability reports and performance on the sustainable development goals
title_full_unstemmed Sustainability as a strategy base in Spanish firms: Sustainability reports and performance on the sustainable development goals
title_sort Sustainability as a strategy base in Spanish firms: Sustainability reports and performance on the sustainable development goals
dc.creator.none.fl_str_mv Gutiérrez Ponce, Herenia
author Gutiérrez Ponce, Herenia
author_facet Gutiérrez Ponce, Herenia
author_role author
dc.contributor.none.fl_str_mv Departamento de Contabilidad
Facultad de Ciencias Económicas y Empresariales
dc.subject.none.fl_str_mv ESG score
SDG compass
SDG reporting
Sustainability reporting
Sustainable development goals
Economía
topic ESG score
SDG compass
SDG reporting
Sustainability reporting
Sustainable development goals
Economía
description This article examines corporate sustainability reports, the standards they use, and their connection to performance on the sustainable development goals (SDGs) from firms in the main Spanish stock index. The investigation was performed through an exploratory, descriptive, analytic study as well as examination of the disclosure and performance on the SDGs after Law 11/2018 went into effect in Spain. The study methods used include parametric correlations that explain the associations between the global reporting initiative (GRI) and environmental, social, and governance (ESG) standards and the level of performance on SDGs/ESG in the sustainability reports. We found that all firms present their verified sustainability reports, that the level of ESG information is above 75%, and that the GRI is the sustainability standard used. Further, all firms contribute on average a 75% level of information on all goals and on each of the 17 goals for the 2030 Agenda. We obtain significant analogies in level of disclosure of GRI-ESG information and level of performance on the SDGs/ESG. In addition, the higher the level of information on environmental GRI standards, the better the firm's position in the environmental SDG ranking
publishDate 2023
dc.date.none.fl_str_mv 2023
2023-04-10
dc.type.none.fl_str_mv research article
http://purl.org/coar/resource_type/c_2df8fbb1
VoR
http://purl.org/coar/version/c_970fb48d4fbd8a85
dc.type.openaire.fl_str_mv info:eu-repo/semantics/article
format article
dc.identifier.none.fl_str_mv http://hdl.handle.net/10486/707204
https://dx.doi.org/10.1002/sd.2566
url http://hdl.handle.net/10486/707204
https://dx.doi.org/10.1002/sd.2566
dc.language.none.fl_str_mv Inglés
eng
language_invalid_str_mv Inglés
language eng
dc.rights.none.fl_str_mv open access
http://purl.org/coar/access_right/c_abf2
dc.rights.openaire.fl_str_mv info:eu-repo/semantics/openAccess
rights_invalid_str_mv open access
http://purl.org/coar/access_right/c_abf2
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
dc.publisher.none.fl_str_mv Wiley
publisher.none.fl_str_mv Wiley
dc.source.none.fl_str_mv reponame:Biblos-e Archivo. Repositorio Institucional de la UAM
instname:Universidad Autónoma de Madrid
instname_str Universidad Autónoma de Madrid
reponame_str Biblos-e Archivo. Repositorio Institucional de la UAM
collection Biblos-e Archivo. Repositorio Institucional de la UAM
repository.name.fl_str_mv
repository.mail.fl_str_mv
_version_ 1869404155477491712
score 15,300724

Similar Items