Methodological Approach and the Significance of Environmental Information Disclosure in Compliance with Sustainability Standards
Year: 2026
Type: article
Abstract: The Global Reporting Initiative (GRI) represents the most influential and comprehensive framework for sustainability reporting globally.While its standards were initially voluntary, the energy sector has significantly adopted them, particularly in the realm of environmental information disclosure.The introduction of mandatory European Sustainability Reporting Standards (ESRS) has created new challenges in transitioning from GRI to ESRS.This study provides an analytical comparison of these two standards, focusing on their roles in environmental data reporting.The research aims to underscore the significance of environmental reporting by energy companies aligned with GRI standards, while evaluating their compatibility with ESRS requirements under the 'E' (Environmental) pillar.A desk research methodology was employed to examine contemporary trends in sustainability and standardization, referencing works by international experts.The comparative analysis of GRI and ESRS standards highlights their key similarities and differences, with particular emphasis on environmental dimensions.Findings reveal that while GRI offers a robust foundation for environmental reporting, ESRS mandates broader geographical coverage, more granular quantitative data, and an integrated approach to climate risks.For energy companies, this transition presents an opportunity to enhance transparency but necessitates adaptation of existing systems.The study contributes to the theoretical understanding of standard interoperability, offering a framework for future research in sustainable business practices within the energy sector.
Source: Ecologica
Authors: Biljana Ilić, Zorica Đurić, Slavica Anđelić
Institutions: Educons University, Univerzitet Union Nikola Tesla
Language: English
Subfield: Strategy and Management
Domain: Social Sciences
Open Access status: hybrid
OpenAlex ID: W7154339388