ManuScript Details
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Paper Id:
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IJARW2241
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Title:
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INTEGRATING SUSTAINABILITY INTO FINANCIAL REPORTING: A CASE STUDY OF VINGROUP
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| Published in: |
International Journal Of All Research Writings |
| Publisher: |
IJARW |
| ISSN: |
2582-1008 |
| Volume / Issue: |
Volume 6 Issue 5 |
| Pages: |
10
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| Published On: |
11/6/2024 1:38:53 AM (MM/dd/yyyy) |
Main Author Details
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Name:
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Huynh Thi Ngoc Anh |
| Institute: |
Ho Chi Minh University of Banking, Vietnam |
Co - Author Details
| Author Name |
Author Institute |
| Nguyen Quynh Hoa |
Ho Chi Minh University of Banking, Vietnam |
| Duong Nguyen Thanh Tam |
Ho Chi Minh University of Banking, Vietnam |
| Nguyen Thi Hang Nga |
Ho Chi Minh University of Banking, Vietnam |
| Le Van Toan |
Ho Chi Minh University of Banking, Vietnam |
Abstract
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Research Area:
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Accounting, Banking |
| KeyWord: |
Sustainability, Financial Reporting, Vingroup. |
| Abstract: |
This study examines how Vingroup—a leading diversified conglomerate in Vietnam—integrates sustainability into its financial reporting. The research focuses on exploring Vingroup's environmental, social, and governance (ESG) practices and evaluating the alignment of the group’s reporting standards with international sustainability frameworks, particularly the Global Reporting Initiative (GRI) standards. The paper highlights the challenges Vingroup encounters in collecting and verifying ESG data across various business units and integrating ESG information into traditional financial reports. These challenges include inconsistencies in data management processes, technical obstacles, and limitations in resources and workforce capacity for handling and controlling ESG data. Based on this analysis, the study proposes several strategic recommendations to help Vingroup enhance transparency and comprehensiveness in ESG reporting, meeting the expectations of investors and stakeholders. These recommendations involve full compliance with GRI standards, implementing advanced technologies such as IoT and blockchain to optimize data management and security, and establishing independent auditing mechanisms to reinforce the credibility of the reports. Additionally, the paper underscores the importance of stakeholder engagement in building trust and accurately reflecting the diverse needs of the community. With this comprehensive and strategic approach, the research not only sheds light on Vingroup’s current steps toward sustainability but also provides practical directions for the group to improve ESG reporting effectiveness, strengthen its leadership position in sustainable development within Vietnam, and increase value in the international market. |
Citations
Copy and paste a formatted citation or use one of the links to import into a bibliography manager and reference.
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IEEE
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Huynh Thi Ngoc Anh, Nguyen Quynh Hoa, Duong Nguyen Thanh Tam, Nguyen Thi Hang Nga, Le Van Toan, "INTEGRATING SUSTAINABILITY INTO FINANCIAL REPORTING: A CASE STUDY OF VINGROUP", International Journal Of All Research Writings,
vol. 6, no. 5, pp. 7-16, 2024.
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MLA
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Huynh Thi Ngoc Anh, Nguyen Quynh Hoa, Duong Nguyen Thanh Tam, Nguyen Thi Hang Nga, Le Van Toan "INTEGRATING SUSTAINABILITY INTO FINANCIAL REPORTING: A CASE STUDY OF VINGROUP." International Journal Of All Research Writings,
vol 6, no. 5, 2024, pp. 7-16.
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APA
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Huynh Thi Ngoc Anh, Nguyen Quynh Hoa, Duong Nguyen Thanh Tam, Nguyen Thi Hang Nga, Le Van Toan (2024). INTEGRATING SUSTAINABILITY INTO FINANCIAL REPORTING: A CASE STUDY OF VINGROUP. International Journal Of All Research Writings,
6(5), 7-16.
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INTEGRATING SUSTAINABILITY INTO FINANCIAL REPORTING: A CASE STUDY OF VINGROUP
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INTEGRATING SUSTAINABILITY INTO FINANCIAL REPORTING: A CASE STUDY OF VINGROUP
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