CORPORATE SUSTAINABILITY REPORTING OF COMMERCIAL BANKS IN ASIA

Abstract

Corporate reporting requirement for banking institutions is definitely rise in the ASEAN region, which is covering the disclosure of sustainability statement. Increased reporting in the region enable companies to be aware of future sustainability challenges that often hardest hit them such as climate change. There has different reporting requirement among the countries in Asia that should be obey by the firms. However, to be globally standard in disclose the corporate sustainability reporting, develop a corporate sustainability reporting scores for banks in Asia is necessary by employing the international sustainability guidelines for the banking sector that issued by international corporations. Additionally, this study will propose recommendation for a new corporate sustainability-reporting checklist in Asia. This study could enhance the understanding of the banking sustainability principle and reveal the checklist of corporate sustainability- reporting for the commercial banks in Asian countries. Future studies could compare the results among the countries by conduct a comparative study among commercial banks in each Asian country which is the gap and lack of disclosure, can be seen clearly. The evaluation of the reporting scores consist of top commercial banks in Asia by using content analysis approach which is computed attributes generate from the guidelines chosen by using a score sheet that comprising questionnaire (rubric scale). The result for the study is useful to the practitioner and policy makers to improve their disclosure statement and find out more about the lack of attributes present in this study.