Evaluation of Corporate Sustainability Disclosure Practices in Listed Companies of the Baltic States
バルト諸国上場企業におけるコーポレートサステナビリティ情報開示実践の評価 (AI 翻訳)
Paulius Česlovas Jokūbauskas, Asta Šalienė
🤖 gxceed AI 要約
日本語
本研究は、バルト諸国の上場企業におけるサステナビリティ開示の実態を、GRIおよびESRS基準に基づき2021～2024年を対象に分析した。その結果、開示は限定的で不均衡であり、経済・社会指標の報告が特に不足し、環境データは戦略的に選択されていることを明らかにした。セクター別では建設・食品・製造業の関与が高い一方、金融・小売・不動産は遅れている。ESRSに基づく開示は気候変動とビジネス行動に集中し、汚染や生物多様性などに大きなギャップがある。
English
This study evaluates sustainability disclosure practices of listed companies in the Baltic States from 2021–2024 using GRI and ESRS standards. Findings reveal limited and uneven disclosure, with economic and social indicators underreported and environmental data often selectively presented. Sectoral analysis shows stronger engagement in construction, food, and manufacturing, while financial, retail, and real estate lag. ESRS-based disclosures focus on climate and business conduct, with gaps in pollution, biodiversity, and value chain impacts.
Unofficial AI-generated summary based on the public title and abstract. Not an official translation.
📝 gxceed 編集解説 — Why this matters
日本のGX文脈において
EUのESRS導入初期における小規模市場の実態を示す本研究成果は、日本企業がSSBJに対応する際の参考となる。特に、開示の選択的実施やセクター間格差は、日本でも重要性が増すテーマである。
In the global GX context
This paper provides empirical evidence on the early implementation of ESRS in smaller EU markets, revealing common challenges such as selective disclosure and sectoral disparities. These insights are valuable for global discussions on disclosure infrastructure and regulatory readiness, especially as jurisdictions like the US, UK, and Japan develop their own mandatory standards.
👥 読者別の含意
🔬研究者:Provides a comparative baseline for studying sustainability disclosure adoption in emerging regulatory contexts.
🏢実務担当者:Offers insights on gaps and best practices for companies preparing for ESRS or similar mandatory frameworks.
🏛政策担当者:Highlights specific areas where regulatory guidance and enforcement may be needed to improve disclosure quality.
📄 Abstract（原文）
The relevance and novelty of this study lie in the growing importance of corporate sustainability disclosure as a mechanism for enhancing transparency, accountability, and stakeholder trust. Despite the increasing regulatory emphasis across the European Union, a critical research gap remains: the sustainability reporting practices of listed companies in smaller-market economies, such as the Baltic States, have been underexplored. This study addresses the scientific question of how well listed companies in the Baltic region are adapting to the evolving EU sustainability regulatory environment, particularly in terms of the scope of sustainability disclosures. The methodology includes a systematic literature review and a document analysis of disclosures for the period 2021–2024. Using sustainability disclosure and assessment models based on GRI topic standards and ESRS standards, the study examines the sustainability level disclosure through the ESG approach and by sectors. The study reveals that publicly listed companies in the Baltic States show limited and uneven sustainability disclosure, with economic and social indicators particularly underreported, and environmental data often strategically selected rather than substantively addressed. Sectoral analysis highlights broader engagement in construction, food, and manufacturing sectors, while financial, retail, and real estate sectors lag behind in transparency, especially on social and environmental issues. ESRS-based disclosures show a focus on climate change and business conduct, but significant gaps persist in areas such as pollution, biodiversity, and value chain impacts, indicating selective implementation and limited regulatory readiness.
🔗 Provenance — このレコードを発見したソース
gxceed は公開メタデータに基づく研究支援データセットです。要約・翻訳・解説は AI 支援で生成されています。 最終的な解釈・検証は利用者が原典資料に基づいて行うことを前提とします。