Corporate Sustainability Reporting of Major Commercial Organizations in line with GRI: Bangladesh Evidence

Abstract

In this report, the tendencies of sustainability reporting by major commercial organizations in Bangladesh in comparison with global sustainability reporting indicators outlined in the GRI framework have been highlighted and described. On the basis of GRI, the report has shown an investigation of the commercial organizations’ reporting in three broad areas of sustainability such as economic, environment and society. A set of ten renowned commercial organizations in Bangladesh has been analyzed and coded using content based technique. The results show that information on society is addressed most extensively with regards to extent of reporting. This is followed by the disclosures prepared on decent economy, social development and environmental issues. The commercial organizations are also analyzed according to the universal standards of GRI. The findings of the study indicate that Bangladeshi commercial firms’ social disclosures can be developed in this style to become more holistic and over time to resemble a type of structured reporting. More companies follow the compliance of the disclosure of the environmental and social standards based information. Less compliance is observed in the economic standards related disclosure.