Implementation of IFRS sustainability disclosure standards into integrated reporting: A journey of future-oriented companies

Ana-Carolina Cojocaru (Bărbieru) and Svetlana Mihaila
Additional contact information
Ana-Carolina Cojocaru (Bărbieru): Academy of Economic Studies of Moldova, Chisinau, Moldova; Ștefan cel Mare” University of Suceava, Suceava, Romania
Svetlana Mihaila: Academy of Economic Studies of Moldova, Chisinau, Moldova

Journal of Financial Studies, 2024, vol. 9, issue 17, 39-55

Abstract: The adoption of the sustainability disclosure standards is a major step forward in improving transparency and comparability of sustainability information, within reporting. This paper aims to analyze the extent to which these standards can be applied in integrated reporting and produce a coherent story about sustainability disclosures. The research uses a documentary and comparative analysis of the International Financial Reporting Standards (IFRS) S1 and S2 with the Integrated Reporting Framework, based on a qualitative approach to analyze the integration between these two standards about integrated reporting principles. The outcomes show that integrating IFRS S1 and S2 will provide an overarching concept for reporting sustainability risks and opportunities which aligns reporting with sustainability goals. Based on these findings, the article argues that incorporating these standards not only improve investor and stakeholder decision-making but also helps companies ensure their strategies are in line with sustainable development objectives. This paper adds to a growing body of literature on the diffusion of sustainability reporting and has implications for researchers examining financial vs. non-financial disclosure as well as managers, regulators and others that care about high-quality financial and non-financial information.

Keywords: Integrated reporting; IFRS S1; IFRS S2; Sustainability. (search for similar items in EconPapers)
JEL-codes: M41 Q56 (search for similar items in EconPapers)
Date: 2024
References: Add references at CitEc
Citations:

Downloads: (external link)
https://revista.isfin.ro/wp-content/uploads/2024/11/3.-Cojocaru-et..pdf (application/pdf)
https://revista.isfin.ro/2024/11/06/implementation ... -oriented-companies/ (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:fst:rfsisf:v:9:y:2024:i:17:p:39-55

DOI: 10.55654/JFS.2024.9.17.03

Access Statistics for this article

Journal of Financial Studies is currently edited by Raluca Ladaru

More articles in Journal of Financial Studies from Institute of Financial Studies Contact information at EDIRC.
Bibliographic data for series maintained by Cosmin Catalin Olteanu ().