Biodiversity reporting: Comparing listed entities in the United Kingdom and South Africa
South African Journal of Business Management
| Field | Value | |
| Title | Biodiversity reporting: Comparing listed entities in the United Kingdom and South Africa | |
| Creator | Da Mata, Dino Lai, Timothy Ecim, Dusan Maroun, Warren Cerbone, Dannielle | |
| Description | Purpose: This research conducts an analysis of biodiversity reporting among a sample of companies listed on the stock exchanges of South Africa (SA) and the United Kingdom (UK). The aim is to present empirical evidence on how organisations address and report on biodiversity-related matters to their stakeholders and investors.Design/methodology/approach: A disclosure schematic is developed and applied to the selected companies using content analysis to analyse their biodiversity-related disclosures and draw comparisons between the two jurisdictions.Findings/results: Results indicate that South African organisations demonstrate a higher level of visibility in their biodiversity reporting when compared to their UK counterparts. The primary reason for this is because of a higher biodiversity ranking and hosting more biodiversity hotspots, which impact South African organisations. However, UK companies tend to provide more quantitative and valuation-based disclosures because of their advanced management information systems, professional standards network support and access to financial resources. In general, it is observed that biodiversity reporting is still in its nascent stage in both jurisdictions and offers limited insight into the understanding of biodiversity by organisations and their ability to incorporate direct and indirect impacts into their business models, risk assessment and strategy implementation.Practical implications: The disclosure schematic serves as a valuable tool for evaluating biodiversity reporting in different national contexts and provides a framework for companies developing biodiversity action plans. The findings help stakeholders assess organisations’ progress in achieving biodiversity objectives and integrating biodiversity considerations into business operations.Originality/value: This study makes two unique contributions to the literature. First, it provides one of the first comparative analyses of biodiversity reporting between a developing and developed economy, offering novel insights into how different jurisdictional contexts influence reporting practices. Second, it develops and applies a comprehensive disclosure schematic that enables evaluation of both symbolic and substantive biodiversity reporting approaches, advancing our understanding of how organisations integrate biodiversity considerations into their reporting and operations. | |
| Publisher | AOSIS | |
| Date | 2025-01-27 | |
| Identifier | 10.4102/sajbm.v56i1.4713 | |
| Source | South African Journal of Business Management; Vol 56, No 1 (2025); 17 pages 2078-5976 2078-5585 | |
| Language | eng | |
| Relation |
The following web links (URLs) may trigger a file download or direct you to an alternative webpage to gain access to a publication file format of the published article:
https://sajbm.org/index.php/sajbm/article/view/4713/3216
https://sajbm.org/index.php/sajbm/article/view/4713/3218
https://sajbm.org/index.php/sajbm/article/view/4713/3219
https://sajbm.org/index.php/sajbm/article/view/4713/3220
|
|
ADVERTISEMENT
