Business contribution to the Sustainable Development Agenda: Organizational factors related to early adoption of SDG reporting. (7th January 2019)

• Record Type: Journal Article
• Authors: Rosati, Francesco; Faria, Lourenço Galvão Diniz
• Is Part Of: Corporate social responsibility and environmental management. Volume 26:Number 3(2019)
• Page Start: 588
• Page End: 597
• Publication Date: 2019-01-07
• Subjects: corporate sustainability reporting -- Global Reporting Initiative -- organizational factors -- Sustainable Development Goals (SDGs); Environmental management -- Periodicals; Environmental auditing -- Periodicals; 658.408
• DOI: 10.1002/csr.1705
• Languages: English
• ISSNs: 1535-3958

Abstract

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.