An analysis of the role of risk management in sustainability reporting

a case study of 27 European manufacturing companies

Alireza Amirmostofian, Markku Reunanen, Teuvo Uusitalo

Research output: Contribution to journalArticleScientificpeer-review

2 Citations (Scopus)

Abstract

The purpose of this study is to analyse the role of risk management in sustainability reporting. Analysis was based on content analysis of sustainability reports of the 27 European manufacturing companies considered as a case in this study. The findings indicate that the GRI performance indicators were 1,323 times reported. The most frequently used economic, environmental and social indicators were identified. The reported risk management processes of the manufacturing companies were compared with that of ISO 31000 to analyse the companies’ risk management approaches. This study shows that risk management already has a role in sustainability performance reporting, although more holistic coverage of different risk categories would be possible. The results are anticipated to be useful for manufacturing companies in improving sustainability reporting through risk management, while also valuable for further academic research on risk management and sustainability reporting.
Original languageEnglish
Pages (from-to)116-142
JournalInternational Journal of Sustainable Manufacturing
Volume3
Issue number2
DOIs
Publication statusPublished - 2014
MoE publication typeA1 Journal article-refereed

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Risk management
risk management
Sustainable development
manufacturing
sustainability
Industry
social indicators
performance
Manufacturing companies
Sustainability reporting
content analysis
coverage
Economics
economics

Keywords

  • GRI performance indicators
  • sustainable manufacturing
  • Global Reporting Initiatives
  • GRI
  • manufacturing companies
  • risk management
  • sustainability reporting

Cite this

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title = "An analysis of the role of risk management in sustainability reporting: a case study of 27 European manufacturing companies",
abstract = "The purpose of this study is to analyse the role of risk management in sustainability reporting. Analysis was based on content analysis of sustainability reports of the 27 European manufacturing companies considered as a case in this study. The findings indicate that the GRI performance indicators were 1,323 times reported. The most frequently used economic, environmental and social indicators were identified. The reported risk management processes of the manufacturing companies were compared with that of ISO 31000 to analyse the companies’ risk management approaches. This study shows that risk management already has a role in sustainability performance reporting, although more holistic coverage of different risk categories would be possible. The results are anticipated to be useful for manufacturing companies in improving sustainability reporting through risk management, while also valuable for further academic research on risk management and sustainability reporting.",
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An analysis of the role of risk management in sustainability reporting : a case study of 27 European manufacturing companies. / Amirmostofian, Alireza; Reunanen, Markku; Uusitalo, Teuvo.

In: International Journal of Sustainable Manufacturing, Vol. 3, No. 2, 2014, p. 116-142.

Research output: Contribution to journalArticleScientificpeer-review

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