Sustainability Insights
Demand for Sustainability Disclosures: Evidence from Web-Tracking Data of CSRD Reports
- Lea Hagemeier
- Maximilian A. Müller
- ESRS
- Sustainability reporting
- Public Perceptions
Lea Hagemaier and Maximilian A. Müller examine how stakeholders engage with firms' first CSRD/ESRS sustainability reports using web-tracking data from eight large firms, covering more than 100,000 visitors and 400,000 page views in the three months following publication. Sustainability disclosures attract similar levels of traffic and reading time as financial disclosures, indicating that sustainability disclosures have become core report content. Users spend more time per visit on sustainability pages and return more persistently over time. Engagement with sustainability content is more domestic/EU-focused and involves a broader stakeholder mix, whereas financial content is relatively more global and investor-driven.
To read the paper click the link below:
https://papers.ssrn.com/sol3/papers.cfm?abstract_id=5932834
To access the related webinar please have a look below:
https://www.youtube.com/watch?v=Fmpsc6dfQ7k