STAR

Sustainability reporting is a critical component of corporate responsibility and accountability in today's business landscape. It involves the disclosure of an organization's environmental, social, and governance (ESG) performance to various stakeholders, including investors, customers, employees, and the public. To increase scrutiny of businesses’ sustainability performance and strategy, current legislative changes endorsed by the EC emphasize the shift from voluntary to mandatory ESG disclosure as a world effort to address climate change and social inequalities by having the same referential framework for sustainability information. Thus, researchers, policymakers, and practitioners should collaborate to drive progress in this critical area. Our proposal aims to create a transnational, cross-sectoral and interdisciplinary research network aiming to design and provide a comprehensive understanding of how cultural and contextual factors shape sustainability reporting practices i.e. corporate disclosure on ESG risks and opportunities. The research objectives are: O1. Investigate the cultural barriers and identify cultural enablers that facilitate high-quality non-financial disclosures of ESG–related matters. O2. Systematically collect and analyze the quality of information toward a deeper understanding of the intricate interplay between cultural, regional, and industrial factors in sustainability reporting practices. O3. Define cutting-edge interdisciplinary models with culturally sensitive information and promote effective disclosure strategies for better sustainability reporting practices. The STAR project will move beyond the current debate over the quality of sustainability data and information and put forward robust research combining international, interdisciplinary and intersectoral collaboration to develop more effective and culturally sensitive reporting strategies as key means for greater transparency, accountability, and business resilience.