Sustainability reporting: the current issues in Slovenian legislation

Daniel Zdolšek; Sabina Taškar Beloglavec

doi:10.71159/icemit2517Z

Authors

Daniel Zdolšek University of Maribor, Faculty of Economics and Business, Department of Accounting and Auditing, Slovenia
Sabina Taškar Beloglavec University of Maribor, Faculty of Economics and Business, Department of Finance, Slovenia

DOI:

https://doi.org/10.71159/icemit2517Z

Keywords:

sustainability reporting, reporting entities, Slovenia

Abstract

Sustainability reporting is gradually being introduced into the economy. The European Union (EU) is at the forefront with its Directive 2022/2464/EU on corporate sustainability reporting, a pivotal part of corporate transparency and responsibility commitments for larger and more significant entities and groups. Nevertheless, a proposal package of amendments to the Directive is being considered to adjust, simplify, and delay sustainability reporting, with the aim of enhancing European economic competitiveness. Our conference paper presents the current sustainability reporting framework in Slovenia. The research question is twofold. First, what are the newest occurrences in the field of sustainable reporting in Slovenia and their implementation in the Slovenian legislative framework? Second, are further simplifications and administrative burden diminution needed in the Slovenian sustainability reporting regulatory framework? Analysis reveals minor possible simplifications to the Slovenian sustainability reporting framework. Careful consideration should be given to striking a reasonable balance between the benefits and costs associated with sustainability reporting.

Keywords: sustainability reporting, reporting entities, Slovenia

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