University of Twente Student Theses


Environment, Social and Governance (ESG) reporting : shift from compliance to commitment

Prakash, Brindha (2020) Environment, Social and Governance (ESG) reporting : shift from compliance to commitment.

[img] PDF
Abstract:The background to this research is the directive 2014/95/ EU on disclosure of non-financial information and the principle of the United Nations Principles of Responsible Investment (UNPRI) both demanding ESG disclosure. According to Tähtinen (2018), long-term value creation by the companies are not fully addressed in the current sustainability or annual reports of the firms. Plastic being the major global concern over climate change, stakeholders demand sustainable packaging, and long-term value creation process through ESG disclosure. Preliminary research was conducted on ESG disclosure in the consumer goods packaging sector and the market response in the Netherlands to support the construction of a research perspective. This study focuses on determining the key determinants of ESG disclosure in the creation of long-term business value for consumer goods packaging companies. First, content analysis was performed to study the sustainability reports of the six global companies on their long-term value creation process and methods adopted using the concepts of integrated value creation process theory. Later, through semi-structured interviews with ESG practitioners in the Netherlands, the findings were validated for credibility and reliability. Primary data was sourced from stakeholder interviews, while secondary data was retrieved from databases, academic journals, government reports, and guidelines. Overall, consistently with the literature, the results indicate that a strong business strategy integrated with ESG across the value chain, along with a multi-stakeholder and commitment-driven approach is critical in creating long-term business value. Finally, to create long-term business value through ESG reporting by moving beyond compliance-driven strategy, it is strongly recommended to reporting practitioners, sustainability leaders, policymakers of consumer goods packaging companies to implement all the key determinants of ESG reporting identified in this study.
Item Type:Essay (Master)
Faculty:BMS: Behavioural, Management and Social Sciences
Subject:43 environmental science, 70 social sciences in general
Programme:Environmental and Energy Management MSc (69319)
Link to this item:
Export this item as:BibTeX
HTML Citation
Reference Manager


Repository Staff Only: item control page