MAJOR DETERMINANTS FOR ENVIRONMENTAL - SOCIAL - GOVERNANCE REPORTING AND THE FEASIBILITY OF INTEGRATING IN VIETNAM

Abstract

The goals of the research are to provide general environmental, social and
governance (ESG) metrics for Vietnamese corporations on the path of integrating
ESG reports and to assess the feasibility of using them. The metrics were based on
the GRI Standards and regulations in Circular No. 96/2020/TT-BTC integrating
significant indicators from other standards. The result of the questionnaire on the
application of the proposed indicators showed that companies can disclose
common indicators but have limitations on the disclosure of the remainders. From
there, recommendations and suggestions were made for not only large
corporations but also SMEs and Vietnamese authorities.