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ANALYSIS OF COMPANY DEMAND ON SUSTAINABILITY COMPETENCES

Eleonora Stancheva-Todorova, Maria Nikolova

First published: 2023-10-01https://doi.org/10.5593/sgem2023/5.1/s21.41View metrics

Abstract

Sustainability reporting landscape is evolving rapidly due to the expanding legislation worldwide. The new Corporate Sustainability Reporting Directive is challenging European companies to restructure their business models and processes and to enhance their corporate reporting. Considering the increasing number of reporting requirements, this paper aims at providing critical analysis of the current employers- demand on sustainability competences needed for setting up the relevant reporting processes. The empirical research encompasses a review of published job offers related to the finance function in the organization to outline and summarize the specific requirements for sustainability knowledge and capabilities. The main findings of the performed analysis reveal that the new sustainability reporting regulations, their widened scope, and upcoming application deadline have impacted the accounting professionals, who should further develop their skill set to meet the emerging sustainability requirements of the employers. The latter have already started to recruit applicants with the needed expertise in the field of sustainability, environment, society and government goals and climate changes.

Publication Impact Profile

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  • CrossRef - Citation Indexes: 3
  • Scopus - Citation Indexes: 3
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Publication details

Title
ANALYSIS OF COMPANY DEMAND ON SUSTAINABILITY COMPETENCES
Authors
Eleonora Stancheva-Todorova, Maria Nikolova
Proceedings
SGEM International Multidisciplinary Scientific GeoConference- EXPO Proceedings; 23rd SGEM International Multidisciplinary Scientific GeoConference Proceedings 2023, Ecology, Economics, Education and Legislation, Vol. 23, Issue 5.1
Publisher
STEF92 Technology
Year
2023
Pages
321-328
SWS Citekey
Stancheva-Todorova202321321328
ISSN
1314-2704
ISBN
978-619-7603-60-6
Language
en
Publication type
Conference Paper
Proceedings contents
Open official contents
Keywords
sustainability reportingaccountantscompetences
References10

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