Engaging Communities in ESG Integration: Narratives and Practices for Sustainable Accounting in Financial Reporting
Session
Management Business and Economics
Description
The integration of Environmental, Social, and Governance (ESG) factors into financial reporting has become a critical aspect of corporate accountability and transparency. Traditionally, financial reporting has focused primarily on economic performance, but sustainable accounting broadens this perspective by incorporating ESG considerations. This paper explores how ESG-driven financial reporting shapes corporate sustainability efforts and stakeholder engagement. A key focus is the role of ESG narratives in influencing stakeholder perceptions, promoting ethical decision-making, and fostering sustainable business models. Companies increasingly adopt transdisciplinary approaches to integrate ESG factors, yet challenges persist in standardizing reporting frameworks and ensuring regulatory compliance. Accountants, once viewed primarily as financial record-keepers, are now strategic advisors in interpreting ESG data and guiding corporate sustainability initiatives. This study investigates best practices in ESG reporting and its impact on financial performance, offering insights into how businesses navigate regulatory pressures and investor expectations. A comprehensive ESG reporting framework can bridge the gap between corporate actions and sustainable development goals, enabling companies to create long-term value while addressing environmental and societal concerns.
Keywords:
Environmental, Social, and Governance (ESG) factors, financial reporting, sustainability reporting, accountant, performance
Proceedings Editor
Edmond Hajrizi
ISBN
978-9951-982-41-2
Location
UBT Lipjan, Kosovo
Start Date
25-10-2025 9:00 AM
End Date
26-10-2025 6:00 PM
DOI
10.33107/ubt-ic.2025.398
Recommended Citation
Duci, Ejona and Tabaku, Eda, "Engaging Communities in ESG Integration: Narratives and Practices for Sustainable Accounting in Financial Reporting" (2025). UBT International Conference. 13.
https://knowledgecenter.ubt-uni.net/conference/2025UBTIC/MBE/13
Engaging Communities in ESG Integration: Narratives and Practices for Sustainable Accounting in Financial Reporting
UBT Lipjan, Kosovo
The integration of Environmental, Social, and Governance (ESG) factors into financial reporting has become a critical aspect of corporate accountability and transparency. Traditionally, financial reporting has focused primarily on economic performance, but sustainable accounting broadens this perspective by incorporating ESG considerations. This paper explores how ESG-driven financial reporting shapes corporate sustainability efforts and stakeholder engagement. A key focus is the role of ESG narratives in influencing stakeholder perceptions, promoting ethical decision-making, and fostering sustainable business models. Companies increasingly adopt transdisciplinary approaches to integrate ESG factors, yet challenges persist in standardizing reporting frameworks and ensuring regulatory compliance. Accountants, once viewed primarily as financial record-keepers, are now strategic advisors in interpreting ESG data and guiding corporate sustainability initiatives. This study investigates best practices in ESG reporting and its impact on financial performance, offering insights into how businesses navigate regulatory pressures and investor expectations. A comprehensive ESG reporting framework can bridge the gap between corporate actions and sustainable development goals, enabling companies to create long-term value while addressing environmental and societal concerns.