ESG reporting practices of OBX companies - Health & Safety
Master thesis
Permanent lenke
https://hdl.handle.net/11250/3081670Utgivelsesdato
2023Metadata
Vis full innførselSamlinger
Sammendrag
The increasing importance of ESG (Environmental, Social, and Governance) reporting has pressured institutions and companies to adopt transparent reporting practices. However, the ESG reporting landscape is complex and presents several challenges. This master's thesis investigates the barriers and implications investors encounter when utilizing ESG information. Through a meticulous analysis of annual and sustainability reports, this study focuses on the quantitative non-financial information related to the health and safety indicator of Norwegian companies listed on the OBX index. A total of 213 quantitative indicators are identified, categorized, and analyzed, with a detailed examination of the eight most frequently reported indicators. The findings reveal that most indicators are reported by only one company, while only one indicator is reported by all 25 companies. These results indicate a low level of comparability among indicators that convey information on similar phenomena.
This research contributes to the existing literature by shedding light on the barriers and implications investors face in utilizing ESG information. The study underscores the need for standardized reporting practices to enhance comparability and facilitate the effective use of quantitative data for investors in the ESG domain. Moreover, the need for more standardization in ESG reporting poses significant challenges for investors in utilizing quantitative information from annual and sustainability reports of OBX index companies and companies. Moreover, the need for more standardization in ESG reporting poses significant challenges for investors in utilizing quantitative information from annual and sustainability reports of OBX index companies and companies.