The Future of Corporate Sustainability Reporting: Determinants of Corporate Initiatives Globally Creating a More Sustainable Future; Empirical Research Report

Corporate overconsumption of natural resources in posing an enormous challenge for future generations. The globalized economy needs to be more environmentally friendly so that resources can be allocated more effectively to avoid potential shortages in the future. As a result of this need, the development of voluntary sustainability standards arose that allow and encourage a corporation to become more transparent through the presentation of environmental audits. the empirical research demonstrated through regression analysis will analyze if a strong Global Reporting Initiative rating shows statistical significance in the efficiency of the reporting as it currently stands