Purpose

In the last few years, the European context has been characterised by a high degree of attention paid by policymakers, practitioners and academics to the effects related to the transposition of Directive 2014/95/EU by the member states. In particular, one the main issues of the intervention made by the European Commission is represented by the theoretical misalignment between corporate communications and actions. According to this evidence, this paper aims to shed light on this debate through a critical evaluation of the effectiveness of Directive 2014/95/EU.

Design/methodology/approach

The analysis was built using panel data analysis on a sample of 813 European listed companies. Furthermore, the authors performed additional analysis and robustness checks to assess the reliability of the analysis.

Findings

The analysis underlined the enabling role of the reporting scope, external assurance and corporate social responsibility (CSR) committees on sustainability reporting. Furthermore, the research highlighted the need to pay specific attention to the real contribution provided by companies to the sustainable development goals.

Research limitations/implications

The research provided theoretical insights into the effects related to mandatory sustainability reporting, which represents an emerging field in accounting research.

Practical implications

The analysis revealed the limited effects of Directive 2014/95/EU. In this regard, the paper contributes to the debate about accounting regulation in Europe.

Originality/value

This paper will shed light on the role of Directive 2014/95/EU in sustainable development. To the best of the authors’ knowledge, this is the first attempt to analyse CSR decoupling in Europe after the transposition of Directive 2014/95/EU by the member states.

中文翻译：

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欧洲社会和环境会计实践的制度化

目的

过去几年，欧洲环境的特点是政策制定者、从业者和学术界对成员国转换 2014/95/EU 指令的相关影响给予高度关注。特别是，欧盟委员会干预的主要问题之一是企业沟通与行动之间理论上的不一致。根据这一证据，本文旨在通过对 2014/95/EU 指令的有效性进行批判性评估来阐明这场辩论。

设计/方法论/途径

该分析是通过对 813 家欧洲上市公司样本进行面板数据分析而得出的。此外，作者还进行了额外的分析和稳健性检查，以评估分析的可靠性。

发现

该分析强调了报告范围、外部保证和企业社会责任（CSR）委员会对可持续发展报告的推动作用。此外，研究强调需要特别关注企业对可持续发展目标的实际贡献。

研究局限性/影响

该研究为强制性可持续发展报告的相关影响提供了理论见解，这代表了会计研究的一个新兴领域。

实际影响

分析揭示了 2014/95/EU 指令的影响有限。在这方面，本文为欧洲会计监管的争论做出了贡献。

原创性/价值

本文将阐明 2014/95/EU 指令在可持续发展中的作用。据作者所知，这是成员国转换 2014/95/EU 指令后首次尝试分析欧洲的企业社会责任脱钩。