Identification and use of sustainability and resilience indicators within banking institutions

Abstract

Organizational assessment and reporting on sustainability, a tool developed and conceptualized in the middle of the 20th century in the context of cooperative activity, is expanding and becoming an important tool for measuring and communicating organizational performance in order to achieve the objective of sustainable development, accountability for this performance to internal and external stakeholders. A sustainability report also presents the organization's values and governance model and demonstrates the link between its strategy and its commitment to a sustainable global economy." Increasingly, corporate sustainability reports take the SDGs into account. Through Directive 2014/95, the EU introduced, for certain large companies, the obligation of non-financial reporting in relation to certain minimum sustainability information. The reporting methods applied differ depending on the entity's management requests, the nature and usefulness of the non-financial information presented. The article was developed within the framework of Subprogram 030101 „Strengthening the resilience, competitiveness, and sustainability of the economy of the Republic of Moldova in the context of the accession process to the European Union”, institutional funding.