The relevance of ESG-reporting by educational institutions in Ukraine

• Published in: Problems of Theory and Methodology of Accounting, Control and Analysis no. 1(60); pp. 46 - 56
• Main Authors: Seletska, D.O., Krasutskyi, O.O., Oksamytnyi, V.V.
• Format: Journal Article
• Language: English
• Published: 30.04.2025
• ISSN: 1994-1749
• DOI: 10.26642/pbo-2025-1(60)-46-56

The article examines the role of ESG reporting in ensuring sustainable development by educational institutions in Ukraine. The case study of educational establishments in Zhytomyr explores the implementation of such reporting to enhance transparency, social responsibility, and competitiveness of educational institutions. It is identified that ESG reporting serves as a critical tool for assessing the impact of educational establishments on the environment, social sphere, and governance, fostering the development of a tolerant society and the integration of European standards. The study analyzes the current state of sustainable development goals implementation by educational institutions and highlights existing barriers, including insufficient legislative framework, limited resources, and a lack of awareness regarding the principles of sustainable development. A SWOT analysis was conducted to identify the strengths of ESG reporting, such as transparency and efficiency, as well as weaknesses and threats, including the need for report standardization and the risk of confidential information leakage. It is established that ESG reporting contributes to enhancing the attractiveness of educational institutions among stakeholders, particularly investors, employers, and students. The necessity of improving the regulatory framework and developing municipal programs to support sustainable development in educational institutions is emphasized. Recommendations to improve ESG reporting efficiency in the context of adapting to European practices are proposed. The results of the study can be used to develop strategies for promoting sustainable development in education, improving reporting practices, and facilitating the exchange of experience between higher education institutions in Ukraine and European countries.