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Sustainability And Innovation For Economic Performance

Author

Listed:
  • Angelica BRATU

    (”Constantin Brancoveanu” University of Pitesti, Romania)

Abstract

The European Union is committed to implementing the 2030 Agenda for Sustainable Development and its 17 Sustainable Development Goals (SDGs). Sustainability reporting is the practice of measuring and communicating organisational performance towards achieving the Sustainable Development Goal, and it also covers accountability for this performance to internal and external stakeholders. Sustainability reporting is both a management and accountability tool. It entails reporting on how an organisation takes into account sustainability issues in its operations, its environmental impact and its social and economic impact. The Court identifies four challenges in relation to sustainability reporting within the EU institutions and agencies:o Developing an EU post-2020 strategy covering the SDGs and sustainability o Integrating sustainability and the SDGs into the EU budget and performance framework o Developing sustainability reporting within the EU institutions and agencies o Increasing the credibility of sustainability reporting through auditing.

Suggested Citation

  • Angelica BRATU, 2022. "Sustainability And Innovation For Economic Performance," Contemporary Economy Journal, Constantin Brancoveanu University, vol. 7(4), pages 167-170.
    • Handle: RePEc:brc:brccej:v:7:y:2022:i:4:p:167-170
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    More about this item

    Keywords

    sustainable; performance; durable; sustainability reporting; sustainability strategy;
    All these keywords.

    JEL classification:

    • Q01 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General - - - Sustainable Development
    • Q28 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Government Policy
    • Q56 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth
    • R5 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis
    • O22 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Project Analysis
    • P5 - Political Economy and Comparative Economic Systems - - Comparative Economic Systems

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