Assessment of Non-financial Reports in the Context of Circular Economy: The Case of Czech Large Companies

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F49777513%3A23510%2F23%3A43969421" target="_blank" >RIV/49777513:23510/23:43969421 - isvavai.cz</a>

Výsledek na webu

<a href="https://drive.google.com/file/d/1wlzvkm-tOveKAn-k0uagT6RFIo6IjhIK/view" target="_blank" >https://drive.google.com/file/d/1wlzvkm-tOveKAn-k0uagT6RFIo6IjhIK/view</a>

DOI - Digital Object Identifier

<a href="http://dx.doi.org/10.15240/tul/009/lef-2023-28" target="_blank" >10.15240/tul/009/lef-2023-28</a>

Jazyk výsledku

angličtina

Název v původním jazyce

Assessment of Non-financial Reports in the Context of Circular Economy: The Case of Czech Large Companies

Popis výsledku v původním jazyce

The attention to environmental protection, sustainability, CSR, circular economy, and other related concepts became increasingly important to economies and theirbusinesses nowadays, especially at the EU level. The upcoming Corporate Sustainability Reporting Directive (CSRD, Directive 2022/2464) which requires many businesses toreport on sustainability, is a good example. In the Czech Republic, many large companies are already publishing their non-financial reports voluntarily orobligatorily. The presented research focuses on the Circular Economy (CE) concept and aims to asses, whether CE-related topics can be found in these types of reports. Thus,50 large companies were selected and the level of their CE-related information in non- financial reports was assessed. Additionally, the overall assessment of the existence ofthese reports was made. Each company was given the evaluation score according to the amount of CE-related information published in its non-financial report or on thewebsite. The results show that reports can bring necessary CE-related information, especially Sustainability reports or Corporate Social Responsibility reports. However,the quality of the non-financial reports depends on the fact whether organizations obligatorily publish them due to Directive 2014/95/EU or expect the obligation due toDirective (EU) 2022/2464. Those organizations that do not have to follow these directives do not publish almost any CE-related information.

Název v anglickém jazyce

Assessment of Non-financial Reports in the Context of Circular Economy: The Case of Czech Large Companies

Popis výsledku anglicky

The attention to environmental protection, sustainability, CSR, circular economy, and other related concepts became increasingly important to economies and theirbusinesses nowadays, especially at the EU level. The upcoming Corporate Sustainability Reporting Directive (CSRD, Directive 2022/2464) which requires many businesses toreport on sustainability, is a good example. In the Czech Republic, many large companies are already publishing their non-financial reports voluntarily orobligatorily. The presented research focuses on the Circular Economy (CE) concept and aims to asses, whether CE-related topics can be found in these types of reports. Thus,50 large companies were selected and the level of their CE-related information in non- financial reports was assessed. Additionally, the overall assessment of the existence ofthese reports was made. Each company was given the evaluation score according to the amount of CE-related information published in its non-financial report or on thewebsite. The results show that reports can bring necessary CE-related information, especially Sustainability reports or Corporate Social Responsibility reports. However,the quality of the non-financial reports depends on the fact whether organizations obligatorily publish them due to Directive 2014/95/EU or expect the obligation due toDirective (EU) 2022/2464. Those organizations that do not have to follow these directives do not publish almost any CE-related information.

Druh

D - Stať ve sborníku

CEP obor

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OECD FORD obor

50204 - Business and management

Projekt

—

Návaznosti

S - Specificky vyzkum na vysokych skolach

Rok uplatnění

2023

Kód důvěrnosti údajů

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Název statě ve sborníku

Liberec Economic Forum 2023

ISBN

978-80-7494-672-1

ISSN

—

e-ISSN

—

Počet stran výsledku

8

Strana od-do

256-263

Název nakladatele

Technical University of Liberec

Místo vydání

Liberec

Místo konání akce

Liberec, Czech Republic

Datum konání akce

5. 9. 2023

Typ akce podle státní příslušnosti

EUR - Evropská akce

Kód UT WoS článku

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