The Sustainability Reporting Journey: Obstacles and Approaches

Abstract

This study aims to determine and analyse the challenges and approaches regarding sustainability reporting as a practice in which companies must communicate information about social, environmental and economic impacts. The type of data used by the author is secondary data derived from previous research. The results of this study indicate that there is a need for new ideas and approaches in the world of accounting that take into account social and environmental aspects. such as (1) the development of a broader literature related to Sustainability Reporting. (2) related to the regulation of sanctions commensurate with the material impact caused. (3) the need for "assurance" from Sustainbillity Reporting", (4) integrate Sustainability Reporting in the Business; (5) and Companies should always look for ways to improve their sustainability Reporting practices.. It is hoped that this regulation can increase transparency and responsibility of entities related to social, environmental and economic aspects through Sustainability Reporting.