Integrating Urban Green Ecosystem Services into Municipal Natural Resources Management Through ESG Reporting: Evidence from Greek Cities

Urban green is a key component of municipal natural resources management (MNRM) in metropolitan areas, providing ecosystem services (ESs) related to climate regulation, environmental quality, and citizens’ well-being. However, these ESs are often weakly integrated into municipal management practices, and this may be due to the absence of structured accountability and reporting mechanisms. This study examines whether a topic-specific Environmental, Social, and Governance (ESG) reporting framework for urban green could support the integration of ecosystem services into MNRM. The research is based on semi-structured interviews with representatives from 23 municipalities across Greece, exploring awareness of ESG concepts, views on accountability and stakeholder engagement, and perceptions of urban green as a managed natural resource. The findings indicate broad recognition of the multifunctional role of urban green and strong agreement on the value of systematic reporting and accountability. At the same time, municipalities identify the lack of an appropriate reporting framework as a key constraint, alongside organizational and staffing limitations. Drawing on stakeholder and impression management theory, the study shows the respondents support that urban green ESG reporting can function as a governance tool, enhancing transparency and stakeholder involvement. A municipal ESG reporting framework is perceived as a tool that could support operationalizing ESs within local governance structures, contributing to a more effective MNRM.