Leal Filho, W, Wall, T, Williams, K, Dinis, MAP, Fernandez Martin, RM, Mazhar, M and Gatto, A European Sustainability Reporting Standards: an assessment of requirements and preparedness of EU companies. Journal of Environmental Management. ISSN 0301-4797 (Accepted)

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Abstract

The newly released European Sustainability Reporting Standards (ESRS) are a distinctively holistic legal instrument designed to enhance the disclosure of the sustainability performance of companies across the European Union (EU). However, there is currently a lack of evidence as what the standards are and how prepared companies are to comply with the ESRS. Through an analysis of secondary sources for 20 EU companies, this study therefore aimed to identify the preparedness of EU-based companies. Results indicate that there is substantial variation in preparedness; larger firms exhibit higher levels of alignment with the ESRS, whereas small and medium-sized enterprises (SMEs) struggle with resource limitations and insufficient external support. This timely and unique study contributes novel insights into the variable preparedness of companies transitioning to new, EU-wide compliance standards, and the factors involved in large-scale implementation. Such insights provide direct implications for regional-level policy implementation.

Item Type:	Article
Uncontrolled Keywords:	EU; sustainability reporting; ESRS; CSR; disclosure; ESG; Environmental Sciences
Subjects:	H Social Sciences > HF Commerce > HF5001 Business
Divisions:	Liverpool Business School
Publisher:	Elsevier
SWORD Depositor:	A Symplectic
Date Deposited:	14 Mar 2025 16:03
Last Modified:	14 Mar 2025 16:15
URI:	https://researchonline.ljmu.ac.uk/id/eprint/25899

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