SDG Reporting in a Romanian Listed Company in Crisis Period
SDG Reporting in a Romanian Listed Company in Crisis Period
Author(s): Ana-Maria Bratu, Miruna-Iuliana CUNEASubject(s): Economy, Accounting - Business Administration
Published by: EDITURA ASE
Keywords: SDG; sustainability; ESG; crisis; Romania;
Summary/Abstract: A big challenge for companies is identifying the best sustainable practices and implementing them in their corporate strategy, ensuring their alignment with the UN Sustainable Development Goals. The purpose of this study is to identify companies’ sustainable performance from the perspective of SDG reporting. This research aims to analyse the reported information about the SDGs adopted and implemented by a company listed on the Bucharest Stock Exchange. This article employs the case study as a research methodology to analyse the sustainability reports containing SDGs information presented by OMV Petrom Group Romania in the multiple crisis period (2020-2022). Along with the obligation to present information on sustainability, the sustainability reports submitted by OMV Petrom Group contain relevant information about the SDGs met by the group, but also about the company's impact on environmental, social and governance factors during the crisis. OMV Petrom Group Romania is among the few companies in Romania that have reported information on sustainability since 2011. The originality of the study is reflected in the completion of the specialised literature with relevant information on the sustainability practices carried out and adopted by a well-known company in Romania.
Journal: Proceedings of the ... international conference on economics and social sciences.
- Issue Year: 6/2024
- Issue No: 1
- Page Range: 89-99
- Page Count: 11
- Language: English