The Impact of ESG Reporting on the Multidimensional Activities of Modern Companies

Abstract The primary objective of the article is to justify that the ESG indicators introduced mandatorily but gradually over time in accordance with the CSRD (Corporate Sustainability Reporting Directive) to organisations, from the position of the company itself, are measures of the sustainability of their activities - core activities in convergence with environmental activities, social responsibility as well as corporate governance. In the first part of the article, the multidimensionality of ESG is indicated and the multidimensional thematic scopes of this reporting are summarised. Portfolios of quantitative and qualitative indicators in the environmental, social, corporate governance dimensions have been compiled. In turn, on the basis of the selected results of the research entitled “Evaluation of ESG reporting in the context of generating knowledge about sustainable organisations”, an attempt is made to answer two fundamental research questions that are part of the objective of the article: 1) What factors determine the sustainable activities of the surveyed organisations, to what extent are they actually relevant to the organisation and can they be assessed in the ESG dimensions? and 2) Is the development of organisations already subject to ESG reporting sustainable in all three dimensions E, S, G? The research was essentially conducted in a group of large financial companies already subject to ESG reporting, in accordance with the CSRD.