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Revizor
2019, vol. 22, iss. 87-88, pp. 7-20
article language: Serbian
document type: Original Scientific Paper
published on: 12/03/2020
doi: 10.5937/Rev1988007D
The enterprise sustainability reporting models
University of Kragujevac, Faculty of Economy

e-mail: violeta.domanovic@gmail.com

Abstract

Sustainability reporting should be transparent and understandable to all stakeholders. The subject of research is sustainability reporting, with particular reference to the Balanced Scorecard (BSC) model. The aim of the research is to highlight, first, the role of sustainability reporting in the contemporary business environment; then, to elaborate the basics of different reporting models, as well as to highlight the possibilities and limitations of applying BSC models in sustainability reporting. Research findings show that sustainability reporting is mainly voluntary, in both developed and underdeveloped market economies, that it is necessary to increase managers' awareness of the importance of sustainability reporting, but also that there is no one universal reporting model, but that reporting needs to be adjusted to the specifics of the business of the company and the specifics of the branch in which the company operates.

Keywords

sustainability; reporting; sustainability models; Balanced Scorecard model; enterprise

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