Наукові статті

Reporting on the sustainable development of Ukrainian banks: Current state, challenges and prospects

Онищенко, С.В.

Given the growing importance of sustainable development and Ukraine’s integration into the European economic area, high-quality and comprehensive sustainability reporting is critical for the banking sector. The study aimed to assess the completeness of sustainability disclosures in the non-financial reporting of Ukrainian banks, to identify challenges and opportunities for improving the quality of such information to achieve positive effects at both the micro and macroeconomic levels. To achieve this goal, the case study method was used, which involved a comprehensive analysis of the websites of all Ukrainian banks to study their non-financial reporting. An in-depth analysis was conducted to determine the availability and quality of disclosed information on environmental, social and governance (ESG) factors. The study results showed that Ukrainian banks are only beginning to adopt sustainability reporting. The disclosed sustainability information is largely descriptive, lacking quantitative or financial data, and is often heterogeneous and unstructured. Even banks that position themselves as socially and environmentally oriented do not fully disclose sustainability risks or provide comprehensive information in the context of sustainable development goals.

English

2025-03-25

economic, social and governance factors

Харківський національний економічний університет ім. Семена Кузнеця

Reporting on the sustainable development of Ukrainian banks: Current state, challenges and prospects / Svitlana Onyshchenko, Svitlana Yehorycheva, Yevheniia Karpenko, Oksana Vovchenko // Economics of Development. – Vol. 24, № 1. – P. 84-95. – DOI: 10.63341/econ/1.2025.84.

657.37:330.0:336.71