Case study analysis on efficient stakeholder engagement in sustainability reporting

Case Study from the year 2024 in the subject Business economics - Business Management Corporate Governance Ruhr-University of Bochum language: English abstract: In an era defined by urgent calls for corporate accountability decoding the complexities of sustainable business practices has never been more critical. This study navigates the intricate landscape of the Corporate Sustainability Reporting Directive (CSRD) and its profound implications for stakeholder engagement and materiality analysis. Unveiling the pivotal role of stakeholder involvement this research argues that the very success of sustainability reporting hinges on how effectively companies integrate diverse stakeholder perspectives. Through rigorous analysis grounded in stakeholder theory and enriched by insightful case studies of industry leaders like Unilever VAUDE and Royal BAM Group the study illuminates practical strategies for fostering meaningful engagement and achieving CSRD compliance. Explore the nuances of double materiality and discover how leading organizations are proactively shaping their sustainability cultures to meet the evolving needs of their stakeholders. This exploration provides actionable recommendations for improving stakeholder engagement practices guiding businesses toward a more transparent and responsible future. Delve into the methodologies employed for selecting case studies the meticulous research design and the data collection and analysis techniques used to ensure quality and address limitations. Understand the phased implementation of the CSRD reporting obligations starting with large companies in 2024 and extending to smaller entities and non-EU organizations in subsequent years. Uncover the specific approaches each company employs to engage stakeholders in their sustainability reporting processes allowing for a comparative analysis that highlights successful strategies and common challenges. This analysis is essential reading for professionals seeking