Теоретичні та прикладні питання економіки. Збірник наукових праць.

Випуск 2 (51)

УДК 657.9:659.4.011

JEL M41, M14, D80

ORCID ID: https://orcid.org/0000-0003-0114-4746

ORCID ID: https://orcid.org/0000-0001-8224-5113

DOI https://doi.org/10.17721/tppe.2025.51.8

Derun I.,Ph.D. in Economics,

Associate Professor of the Department of Accounting and Auditing

Taras Shevchenko National University of Kyiv

derun@knu.ua

Tarasenko L., PhD in Economics,

assistant of the Department of Business Economics,

Taras Shevchenko National University of Kyiv

liliia.tarasenko@knu.ua

CORPORATE REPORTING PRACTICES ON WORKERS IN THE VALUE CHAIN: KEY REQUIREMENTS, METRICS, AND IMPLEMENTATION PATHWAYS

The implementation of a sustainable development policy at an enterprise is shaped by the chosen strategy and business model, which ensure the effective management of business processes aimed at maximizing profits and increasing market value. At the same time, current conditions are marked by growing information demands from a broader range of stakeholders. This necessitates the inclusion in corporate reporting (particularly in sustainability reporting) of the reciprocal impacts of business on the environment and society, as well as the associated risks and opportunities. In this context, information about employees in the value chain – engaged in resource procurement, production, distribution, and sales – acquires particular significance, as its quality can substantially affect corporate reputation. The purpose of the article is to identify the requirements for disclosing information about such employees in sustainability reporting in accordance with the ESRS S2 “Workers in the Value Chain”, and to substantiate measures for its effective integration into the company’s business model. To achieve this aim, methods of analysis, analogy, comparison, deduction, and content analysis were applied. The article examines the role of CSRD and the structure of the ESRS. The importance of information about employees in the value chain is highlighted, demonstrating its potential to exert both negative and positive effects on business performance. A critical analysis of the SBM-2 and SBM-3 requirements within the ESRS S2, along with its key objectives, requirements, and metrics, is provided. The authors note the ESRS S2 relies predominantly on descriptive metrics, which underscores the need to expand both qualitative and quantitative indicators. Accordingly, additional indicators are proposed for each of the standard’s requirements. Based on a content analysis of reports from foreign corporations, an ESRS S2 implementation strategy for Ukrainian companies is developed, confirming its considerable practical relevance.

Keywords: business model, workers in the value chain, sustainability reporting, social aspects, strategy, CSRD, ESRS S2.

Full Text: PDF

DOI: https://doi.org/10.17721/tppe.2025.51.8