This study is aimed at providing some insights about the Italian listed companies approach to Environmental, Social and Governance (ESG) disclosure. A reference framework and a tested investigation model used for analyzing the Italian approach to ESG disclosure have been reported and discussed. Drawing on the Sustainability Helix Model, the results of a study conducted on the Non-Financial Statements of a sample of Italian listed companies on the basis of manual content analysis, and conducted to grasp their disposition and approach to ESG disclosure, are discussed. The study pointed out some specific characteristics of the Italian companies’ approach to ESG disclosure, which still suffer from voluntary and, therefore, somewhat a variety of practices. In this sense, policy and science should better support companies through specific laws and regulations as well as through learning/enhancing projects towards more effective ESG reporting and communication. The analysis offers interesting insights for public institutions, academy and companies on the way to further exploit and supporting ESG disclosure. The originality of this study lies upon the implementation of the Sustainability Helix Model to investigate the importance that open dialogue and shared action of the various actors involved can have in enhancing companies’ awareness about the importance of a strategic approach to sustainability and to its disclosure to gain the consensus of external stakeholders.

The Italian way towards environmental, social and governance (ESG) disclosure: insights from a sample of listed companies

Marialuisa Saviano
;
2019-01-01

Abstract

This study is aimed at providing some insights about the Italian listed companies approach to Environmental, Social and Governance (ESG) disclosure. A reference framework and a tested investigation model used for analyzing the Italian approach to ESG disclosure have been reported and discussed. Drawing on the Sustainability Helix Model, the results of a study conducted on the Non-Financial Statements of a sample of Italian listed companies on the basis of manual content analysis, and conducted to grasp their disposition and approach to ESG disclosure, are discussed. The study pointed out some specific characteristics of the Italian companies’ approach to ESG disclosure, which still suffer from voluntary and, therefore, somewhat a variety of practices. In this sense, policy and science should better support companies through specific laws and regulations as well as through learning/enhancing projects towards more effective ESG reporting and communication. The analysis offers interesting insights for public institutions, academy and companies on the way to further exploit and supporting ESG disclosure. The originality of this study lies upon the implementation of the Sustainability Helix Model to investigate the importance that open dialogue and shared action of the various actors involved can have in enhancing companies’ awareness about the importance of a strategic approach to sustainability and to its disclosure to gain the consensus of external stakeholders.
File in questo prodotto:
Non ci sono file associati a questo prodotto.

I documenti in IRIS sono protetti da copyright e tutti i diritti sono riservati, salvo diversa indicazione.

Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/11386/4770611
 Attenzione

Attenzione! I dati visualizzati non sono stati sottoposti a validazione da parte dell'ateneo

Citazioni
  • ???jsp.display-item.citation.pmc??? ND
  • Scopus ND
  • ???jsp.display-item.citation.isi??? ND
social impact