Sustainability and Integrated Reporting in Bangladesh: An In-Depth Examination of Corporate Practices

Soiloor Nandini Arunima

Abstract

This study explores the implementation of sustainability reporting and integrated reporting practices within leading companies of Bangladesh based on established assessment frameworks provided by the Global Reporting Initiative (GRI) and the International Integrated Reporting Council (IIRC). Also, the study evaluates sample companies' reporting practices and links them with company performance and sustainable development goals. A sample of 30 blue-chip companies representing the DSE 30 index is selected from the population of 653 companies listed on the Dhaka Stock Exchange. Data is collected from secondary sources, primarily annual reports from 2021–2022. A quantitative approach is employed, utilizing manual content analysis and a dichotomous scoring system. The findings reveal that companies are partially willing to adopt reporting frameworks, so reporting practices and market performance are inconsistent. However, a connection between sustainable development goals is established. Therefore, promoting the adoption of GRI and IIRC frameworks, providing regulatory support, conducting knowledge empowerment activities, and integrating quantitative and qualitative information in reporting are highly recommended.