From Data to Disclosure: How Modern Technologies Are Transforming ESG Reporting?

Abstract

In the rapidly evolving landscape of Environmental, Social, and Governance (ESG) criteria, this research leverages a comprehensive case study methodology to explore the integration of nascent technologies. Employing a detailed analysis of the Scopus database, this study offers an insightful overview of the contemporary literature in this pivotal area of interest. From the NexisUni database, we have curated 23 distinct case studies, shedding light on the nuances of ESG metric acquisition, administration, and reporting. Preliminary findings suggest a discernible inclination towards Cloud-based Software as a Service (SaaS) solutions. Moreover, non-financial data disclosures frequently incorporate enterprise-specific metrics, encompassing water conservation, waste strategies, biodiversity, and community-oriented initiatives. Recognising the emergent nature of this topic, our study underscores the need for more expansive research, emphasising an integrated model that synergises technological facets with ESG benchmarks. Further, we advocate for intensified scrutiny of the transformative role of novel technologies within sustainability initiatives. This research concludes by highlighting potential trajectories for future scholarly exploration, promoting a symbiotic dialogue between academic and industry stakeholders.