Sustainability Reporting Nexus to Corporate Governance: A Comprehensive Analysis

Abstract

In today’s dynamic landscape, sustainable development permeates every facet of our lives. Conversations about sustainability abound, extending beyond small and medium-sized enterprises to encompass large corporations. As environmental and social concerns take center stage, corporate governance now extends its purview beyond mere investment returns. It scrutinizes the societal impact of companies, emphasizing their footprint. In this context, we delve into the intricate relationship between corporate governance and sustainable development. Our research combines literature review and empirical investigation. This paper presents select findings from our survey, shedding light on shifts in corporate governance practices and the evolving role of boards of directors worldwide, influenced by sustainable development policies. By examining the interplay between governance structures and sustainable practices, we contribute to a deeper understanding of how organizations can align their strategies with global sustainability goals. The implications of our findings extend beyond boardrooms, affecting policy formulation, stakeholder engagement, and long-term business viability. As we navigate the complexities of a rapidly changing world, the synergy between corporate governance and sustainable development remains pivotal for shaping a more resilient and responsible future.