Presenting the sustainability reporting model: comparing the requirements of the stock exchange with the common sustainability reporting standards in the world

Document Type : Research Paper

Authors

1 PhD student of accounting department. Semnan branch. Islamic Azad University, Semnan. Iran

2 Assistant Professor, Department of Accounting, Semnan Branch, Islamic Azad University, Semnan, Iran

3 Associate Professor, Department of Accounting, Semnan Branch, Islamic Azad University, Semnan, Iran

10.22051/jaasci.2024.45546.1812

Abstract

Abstract
Purpose: The purpose of this research is to examine the requirements of the reports published in the Tehran stock exchange with general global sustainability reports to provide an optimal sustainability reporting model for the Iranian capital market.
Method: The statistical population was: industry experts, public stakeholders and academic experts for quantitative data analysis. The opinions of 15 experts were collected in the form of a structured interview between the winter of 2023 and the spring of 2023.
Findings: food listed companies about 80% has a better position in the criteria of management and governance and economic requirements of business model and innovation in sustainability reporting. While, petrochemicals and pharmaceutical listed companies about 70% have a better position in the environmental requirements of sustainability reporting. automotive listed companies about 80% has a better position in the criteria of management and governance in sustainability reporting
Conclusion: food listed companies were the most suitable option for optimal sustainability reporting in the stock market, also automotive, petrochemical, pharmaceutical field, with a small difference, are ranked second to fourth, respectively. they got.
Knowledge enhancement: The current research is considered to be innovative in terms of subject matter. Considering the compilation of international standards and interpretive reports of the Tehran Stock Exchange in 2016, and the obligation of publishers to disclose the details of energy consumption approved on 22nd of Azar, 1400, it seems necessary to comprehensively examine the relationship between the financial and non-financial aspects of the sustainability of each type of this reporting.

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History

  • Receive Date: 14 November 2023
  • Revise Date: 01 February 2024
  • Accept Date: 02 February 2024

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