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Liburkina L. M.

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The Algorithms for Incorporating Sustainable Development Indicators into Integrated Reporting
Krutova A. S., Nesterenko O. O.

Krutova, Anzhelika S., and Nesterenko, Oksana O. (2026) “The Algorithms for Incorporating Sustainable Development Indicators into Integrated Reporting.” Business Inform 5:348–360.
https://doi.org/10.32983/2222-4459-2026-5-348-360

Section: Accounting and Auditing

Article is written in English
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UDC 657.37:005.332.1

Abstract:
The aim of this article is to address the methodological challenge of reliably developing indicators for integrated reporting, taking into account the need to present a comprehensive picture of the process of value creation by an economic entity in the short and long term while adhering to the fundamental goals of sustainable development. An original classification of quantitative, qualitative, and financial performance indicators of an economic entity subject to disclosure in the company’s integrated reporting has been developed, organized by sections of the integrated report. A unified set of indicators has been compiled by sections of the integrated report, with indicators categorized by type (e. g., quantitative, qualitative, and financial), a description of the information they characterize, and an identification of the Sustainable Development Goal (SDG) that the indicator represents to determine the enterprise’s contribution to achieving it. An algorithm has been developed to determine the feasibility of calculating and including an indicator in the integrated report depending on its impact on decisions made by interested users, the complexity of the calculation, and the mandatory nature of disclosure in accordance with GRI requirements. The developed methodological toolkit eliminates uncertainty regarding the preparation of integrated reports by economic entities, establishes a theoretical foundation for assessing the appropriateness of disclosing indicators in an integrated report, and enhances the reliability of the integrated report.

Keywords: sustainable development; integrated reporting; financial and non-financial indicators; algorithms for determining the appropriateness of disclosing indicators in an integrated report; international standards for integrated reporting.

Fig.: 1. Tabl.: 1. Bibl.: 16.

Krutova Anzhelika S. – Doctor of Sciences (Economics), Professor, Professor, Department of Accounting and Business Consulting, Simon Kuznets Kharkiv National University of Economics (9a Nauky Ave., Kharkiv, 61166, Ukraine)
Email: [email protected]
Nesterenko Oksana O. – Doctor of Sciences (Economics), Professor, Head of the Department, Department of Accounting and Business Consulting, Simon Kuznets Kharkiv National University of Economics (9a Nauky Ave., Kharkiv, 61166, Ukraine)
Email: [email protected]

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