Business Sustainability Factors of Performance, Risk, and Disclosure

CHAPTER 4

Sustainability Disclosure Factor

Executive Summary

Prior chapters present sustainability performance and risk factors. Sustainability disclosure is another important factor of business sustainability. Sustainability disclosure provides financial information on economic sustainability performance (ESP) and nonfinancial on environmental, ethical, social, and governance (EESG) sustainability performance. As of now, disclosure of ESP information is mandatory in many countries whereas EESG information is typically disclosed on a voluntary basis except for large European companies starting in 2017, Hong Kong listed companies in 2016, and public companies in some other countries. Voluntary disclosure is considered as any financial and nonfinancial ...