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Vol.12, No.3, August 2023. ISSN: 2217-8309 eISSN: 2217-8333
TEM Journal
TECHNOLOGY, EDUCATION, MANAGEMENT, INFORMATICS Association for Information Communication Technology Education and Science |
ESG Performance and Disclosure: National Composite Indicators for Monitoring Sustainable Growth Conditions in the EU-27
Petra Jílková, Jana Kotěšovcová
© 2023 Petra Jílková, published by UIKTEN. This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 License. (CC BY-NC-ND 4.0)
Citation Information: TEM Journal. Volume 12, Issue 3, Pages 1845-1852, ISSN 2217-8309, DOI: 10.18421/TEM123-68, August 2023.
Received: 07 May 2023. Revised: 19 June 2023.
Abstract:
Sustainable growth is a major global concern due to environmental challenges, social and corporate governance matters. Identifying and analyzing key indicators can provide valuable insights into the critical factors affecting sustainability in the EU-27 countries. This paper analyzes environmental, social and governance national composite indicators for monitoring sustainable growth conditions in the EU-27. The authors develop a simplified algorithm based on the ESG index methodology and composite indicators theory. The three pillars of the ESG methodology are examined with a focus on the ten most valuable indicators in each pillar. A sub-objective is to verify what percentage of the results are consistent with the original approach. The data were collected for the EU-27 countries for 2020–2021. The study's main outcome is a simplified approach to measuring sustainability that is 81% consistent with previous calculations. In line with previous studies, Norway, Sweden, and Finland rank highest on the ESG index, while Cyprus, Bulgaria, Lithuania, and Greece rank the lowest.
Keywords –composite indicators, DSG, ESG, non-financial reporting, sustainable development. |
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