Barriers and Challenges in the Integration of ESG Practices: A Study on the Relevance of Accounting Information and The Role of Accountants

Objective: This study investigated the challenges faced by accountants in implementing ESG (environmental, social, and governance) practices, analyzing the relevance of accounting information in corporate governance. The objective was to understand how these professionals deal with internal and external barriers and to assess the impact of these difficulties on transparency and organizational decision-making. Theoretical Framework: The adoption of ESG practices in accounting was influenced by regulatory and structural challenges. Corporate governance played an essential role in the transparency and credibility of accounting information. Studies indicated that the absence of standardized regulation and the need for training hindered the effective implementation of these practices. Method: The research employed a mixed-methods approach, combining quantitative and qualitative data. Questionnaires were administered to accountants registered with the Regional Accounting Council of Goiás (CRC-GO), with an initial sample of 266 participants, resulting in 46 responses. The data were analyzed using descriptive statistics, factor analysis, and correspondence analysis. Results and Discussion: The results indicated that 80,43% of respondents considered the lack of regulation a major obstacle, while 71,74% identified insufficient training as a critical barrier. It was concluded that public policies, technical training, and clear regulation are essential for the effective adoption of these practices, strengthening corporate governance. Research Implications: The study highlighted the importance of governmental and business actions to promote standards and training programs that facilitate the adoption of ESG practices. Originality/Value: This study contributed by highlighting the barriers faced by accountants and suggesting strategies to foster ESG adoption.