Business contribution to the Sustainable Development Agenda: Organizational factors related to early adoption of SDG reporting

Francesco Rosati*, Lourenço Galvão Diniz Faria

*Corresponding author for this work

Research output: Contribution to journalJournal articleResearchpeer-review

Abstract

Business can play a critical role in the achievement of the Sustainable Development Goals (SDGs). Contextually, business reporting on the SDGs can support organizations in planning, implementing, measuring, and communicating their SDG efforts. This study investigates the relationship between early adoption of SDG reporting and a series of organizational factors by combining data from two databases—provided by the Global Reporting Initiative and Orbis—to identify the organizations that addressed the SDGs in their sustainability reports and their respective structural characteristics. The study, using a logit model based on data from 408 organizations worldwide, indicates that early adoption of SDG reporting is related to a larger size, a higher level of intangible assets, a higher commitment to sustainability frameworks and external assurance, a higher share of female directors, and a younger board of directors. The study contributes to the academic and practical understanding of factors related to the decision to engage early in new sustainability frameworks and practices.
Original languageEnglish
JournalCorporate Social Responsibility and Environmental Management
Volume26
Issue number3
Pages (from-to)588-597
Number of pages10
ISSN1535-3958
DOIs
Publication statusPublished - 2019

Keywords

  • Corporate sustainability reporting
  • Global Reporting Initiative
  • Organizational factors
  • Sustainable Development Goals (SDGs)

Cite this

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title = "Business contribution to the Sustainable Development Agenda: Organizational factors related to early adoption of SDG reporting",
abstract = "Business can play a critical role in the achievement of the Sustainable Development Goals (SDGs). Contextually, business reporting on the SDGs can support organizations in planning, implementing, measuring, and communicating their SDG efforts. This study investigates the relationship between early adoption of SDG reporting and a series of organizational factors by combining data from two databases—provided by the Global Reporting Initiative and Orbis—to identify the organizations that addressed the SDGs in their sustainability reports and their respective structural characteristics. The study, using a logit model based on data from 408 organizations worldwide, indicates that early adoption of SDG reporting is related to a larger size, a higher level of intangible assets, a higher commitment to sustainability frameworks and external assurance, a higher share of female directors, and a younger board of directors. The study contributes to the academic and practical understanding of factors related to the decision to engage early in new sustainability frameworks and practices.",
keywords = "Corporate sustainability reporting, Global Reporting Initiative, Organizational factors, Sustainable Development Goals (SDGs)",
author = "Francesco Rosati and Faria, {Louren{\cc}o Galv{\~a}o Diniz}",
year = "2019",
doi = "10.1002/csr.1705",
language = "English",
volume = "26",
pages = "588--597",
journal = "Corporate Social Responsibility and Environmental Management",
issn = "1535-3958",
publisher = "JohnWiley & Sons Ltd.",
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TY - JOUR

T1 - Business contribution to the Sustainable Development Agenda: Organizational factors related to early adoption of SDG reporting

AU - Rosati, Francesco

AU - Faria, Lourenço Galvão Diniz

PY - 2019

Y1 - 2019

N2 - Business can play a critical role in the achievement of the Sustainable Development Goals (SDGs). Contextually, business reporting on the SDGs can support organizations in planning, implementing, measuring, and communicating their SDG efforts. This study investigates the relationship between early adoption of SDG reporting and a series of organizational factors by combining data from two databases—provided by the Global Reporting Initiative and Orbis—to identify the organizations that addressed the SDGs in their sustainability reports and their respective structural characteristics. The study, using a logit model based on data from 408 organizations worldwide, indicates that early adoption of SDG reporting is related to a larger size, a higher level of intangible assets, a higher commitment to sustainability frameworks and external assurance, a higher share of female directors, and a younger board of directors. The study contributes to the academic and practical understanding of factors related to the decision to engage early in new sustainability frameworks and practices.

AB - Business can play a critical role in the achievement of the Sustainable Development Goals (SDGs). Contextually, business reporting on the SDGs can support organizations in planning, implementing, measuring, and communicating their SDG efforts. This study investigates the relationship between early adoption of SDG reporting and a series of organizational factors by combining data from two databases—provided by the Global Reporting Initiative and Orbis—to identify the organizations that addressed the SDGs in their sustainability reports and their respective structural characteristics. The study, using a logit model based on data from 408 organizations worldwide, indicates that early adoption of SDG reporting is related to a larger size, a higher level of intangible assets, a higher commitment to sustainability frameworks and external assurance, a higher share of female directors, and a younger board of directors. The study contributes to the academic and practical understanding of factors related to the decision to engage early in new sustainability frameworks and practices.

KW - Corporate sustainability reporting

KW - Global Reporting Initiative

KW - Organizational factors

KW - Sustainable Development Goals (SDGs)

U2 - 10.1002/csr.1705

DO - 10.1002/csr.1705

M3 - Journal article

VL - 26

SP - 588

EP - 597

JO - Corporate Social Responsibility and Environmental Management

JF - Corporate Social Responsibility and Environmental Management

SN - 1535-3958

IS - 3

ER -