IDEAS home Printed from https://ideas.repec.org/h/spr/prbchp/978-3-032-13380-9_25.html

Sustainability-Related Financial Disclosure: A Systematic Literature Review

In: Embracing Technological Agility in Accounting and Business – Vol. 1

Author

Listed:
  • Rejoice Mandizvidza

    (University of South Africa)

  • Cosmas M. Ambe

    (University of Mpumalanga)

Abstract

With stakeholders demanding business transparency, regulatory compliance, and investor decision-making, sustainability-related financial disclosure (SFRD) has become increasingly vital. This has led to the creation of IFRS S1 General Requirements for disclosure of sustainability-related financial information. This is a common framework that is based on four fundamental elements: governance, risk and opportunity, strategy, and targets and metrics. This review focuses on existing literature on sustainability reporting, evaluating the theoretical foundation of the papers, drivers and determinants, its evolution, challenges, and compliance with IFRS S1. The PRISMA 2020 framework was used to select peer-reviewed articles and book chapters from 2000 to 2024. The systematic search was done in the Scopus, Google Scholar, and Web of Science databases. The analysis and synthesis resulted in 55 papers being selected for this study. The authors noted that despite advancements that have been made so far, SFRD continues to face challenges like legislative fragmentation, potential greenwashing, and inconsistent disclosure. The implementation of the IFRS S1 framework will strengthen accountability and transparency and restore or enhance investor confidence as it requires organisations to report their governance, strategy, risk and opportunity, and targets and metrics. Sustainability reporting is hinged on mainly Stakeholder, Institution, Legitimacy, and Resource dependence theories. It is driven and determined by the company size, leverage, governance structures, and performance, among others. The systematic review will strengthen sustainability-related financial disclosures and identify the research inadequacies in terms of IFRS S1 adoption, regulatory, and financial effects. It will also provide information relevant for businesses, investors, and policymakers to improve transparency, reliability, comparability, and quality of sustainability reports.

Suggested Citation

  • Rejoice Mandizvidza & Cosmas M. Ambe, 2026. "Sustainability-Related Financial Disclosure: A Systematic Literature Review," Springer Proceedings in Business and Economics, in: Tankiso Moloi (ed.), Embracing Technological Agility in Accounting and Business – Vol. 1, pages 395-410, Springer.
    • Handle: RePEc:spr:prbchp:978-3-032-13380-9_25
    DOI: 10.1007/978-3-032-13380-9_25
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a
    for a similarly titled item that would be available.

    More about this item

    Keywords

    ;
    ;
    ;
    ;
    ;
    ;
    ;
    ;

    JEL classification:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:prbchp:978-3-032-13380-9_25. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.