Coprorate Sustainability Reporting: an Evaluation of Turkish Company Reports

Abstract

The effects of globalization are witnessed clearly in organizations. Interaction areas and stakeholders of organizations, which are living organisms, have moved and differentiated with globalization. This differentiation brought not only profitability but also being sustainable, added value to the society in social and economic terms. Today, it is expected that the activities of organizations are carried out within the framework of corporate social responsibility and governance principles in ecological, environmental and social terms, and the results will be presented to their stakeholders by observing the principles of transparency, accountability and openness. These expectations are met with corporate sustainability reports. This study concentrates on the corporate sustainability reports of Turkey's 500 largest (by sales) companies according to the three companies in the top five in the rankings; Türkiye Petrol Rafineleri A.Ş. (TÜPRAŞ), Türk Hava Yolları A.Ş. (THY) and OPET Petrolcülük A.Ş. (OPET)’s corporate sustainability reports were evaluated comparatively.