To what extent can regulation and policies contribute to the development and implementation of sustainability reporting of corporations operating in capital markets?

This thesis delves into the crucial role of regulation and policies in fostering the development and implementation of sustainability reporting in capital markets. Through extensive desk research, comprehensive literature review, and over 100 interviews with experts in the field, this study explores recent developments surrounding this issue.

An Integrated Approach

Integrating insights from desk research, existing literature, and interviews, the thesis provides a holistic understanding of how regulation and policies shape corporations' adoption of sustainability reporting. By examining the effect of these regulations on corporations' decision-making processes, this study sheds light on the challenges and opportunities faced by organizations.

A Rich Source of Insights

The author weaves together the perspectives of sustainability reporting experts and management professionals from various sectors, including companies, sustainability indices, rating agencies, pension funds, government, and financial institutions. The insights gained from these interviews enrich the analysis and offer a comprehensive view of the subject matter.

A Global Perspective

Spanning across four countries—Brazil, Sweden, the Netherlands, and the United States—this study captures the diverse regulatory landscapes and practices in sustainability reporting. By examining the specific contexts and approaches adopted by each country, this thesis provides valuable insights applicable to a global audience.

Lessons from Financial Reporting

Building upon the development of financial reporting, this thesis presents ten lessons that sustainability reporting can learn from its counterpart. By drawing parallels between the two domains, this study offers practical recommendations and best practices to enhance the effectiveness and credibility of sustainability reporting.

An Explorative Period

Focusing primarily on the years between 2011 and 2015, this publication reflects upon the rapid growth of sustainability reporting during this period. By delving into the developments that occurred within each country, the thesis provides a deeper understanding of the dynamics and progress made in this field.

Implications for the Future

With the aim of contributing to the ongoing discussion on sustainability reporting, this thesis paves the way for future research and policy-making. By identifying the potential of regulation and policies to drive the development and implementation of sustainability reporting, this study advocates for a more sustainable and transparent business environment.