Corporate reporting on social responsibility under martial law

Abstract

Today, it is important to create a demand for social responsibility, reporting on the contri­bution of business to the achievement of sustai­nable development goals to create jobs, improve communications between government, business and society, address economic, environmental and social issues, and build an economy that works for people. Businesses should report on their corporate social responsibility in counte­ring military aggression and maintaining peace and security. The purpose of the article is to highlight the peculiarities of preparing and pub­lishing corporate social responsibility reports in Ukraine and the EU. The study uses general scientific and special methods: induction, deduc-tion, comparative analysis, synthesis, generali­zation, grouping, abstraction, and the logical method. Reporting on corporate social respon­sibility allows demonstrating how a business affects the natural environment and society and what contribution it makes to achieving sustai­nable development goals. It is established that there is no single standard, guideline or frame­work for the preparation and presentation of corporate social responsibility reporting; a num­ber of regulatory documents at the international, European, regional and national levels have been adopted to date, but cooperation continues to harmonize existing standards and approaches and promote them among a wide range of users. In order to strengthen European integration, Ukraine needs to establish a national system of regulation, incentives, certification, monitoring and evaluation of corporate social respon­si­bility, verification and verification of corporate social responsibility reporting, and adoption of the best European experience.