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Implementing Non-Financial ESG Reporting for the Analysis of Sustainable Development of Territorial Communities in the Context of Post-War Recovery
Zamaslo O. T., Burkalo Y. M.

Zamaslo, Olha T., and Burkalo, Yulianna M. (2025) “Implementing Non-Financial ESG Reporting for the Analysis of Sustainable Development of Territorial Communities in the Context of Post-War Recovery.” Business Inform 9:123–131.
https://doi.org/10.32983/2222-4459-2025-9-123-131

Section: Regional Economy

UDC 334.025.2

Abstract:
The aim of this article is to conduct an in-depth study of the process of implementing ESG reporting based on the European Sustainability Reporting Standards (ESRS). A detailed review has been carried out of the conditions for non-financial reporting to comprehensively address the environmental and social aspects of enterprise activities in Ukraine, taking into account the requirements of the Corporate Sustainability Reporting Directive (CSRD) and national decree No. 1015-р «On Approval of the Strategy for the Implementation of Sustainability Reporting by Enterprises». Special attention is given to analyzing the conception of the country’s sustainable development, as well as the challenges and prospects of integrating ESG non-financial reporting into the ongoing activities of territorial communities during their recovery process. The study analyzed the key provisions of the regulatory framework regarding the implementation of ESG reporting in the European Union and Ukraine, assessed the readiness of enterprises to adopt non-financial reporting according to international standards, and identified the main obstacles and risks hindering effective application of ESG principles by Ukrainian business entities and local communities. The relevance of the study is substantiated in light of global trends, particularly concerning the increasing role of corporate and social responsibility, the growing importance of environmental protection, decarbonization, and the transition to a green economy, as well as the implementation of sustainable development practices in enterprises to ensure competitiveness in the international market. The article proposes priority directions for the sustainable development of enterprises, provides recommendations for the formation of a regulatory and legal framework, and identifies the main features, key advantages, and disadvantages of implementing a non-financial reporting system for Ukrainian businesses with the aim of integrating them into the international market.

Keywords: ESG reporting, sustainable development, territorial community, post-war recovery.

Tabl.: 2. Bibl.: 15.

Zamaslo Olha T. – Doctor of Sciences (Economics), Professor, Professor, Department of Finance, Monetary Circulation and Credit, Ivan Franko National University of Lviv (1 Unіversytetska Str., Lvіv, 79001, Ukraine)
Email: [email protected]
Burkalo Yulianna M. – Bachelor, Ivan Franko National University of Lviv (1 Unіversytetska Str., Lvіv, 79001, Ukraine)
Email: [email protected]

List of references in article

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