ASSESSING THE QUALITY OF INITIAL ESG REPORTS OF STATE-OWNED ENTERPRISES
Abdumurodov Mirolim Mirzohid o‘g‘li
Tashkent State University Of Economics
Keywords: ESG reporting; state-owned enterprises; sustainability disclosure; report quality; materiality; transparency; accountability.
Abstract
State-owned enterprises (SOEs) are increasingly expected to disclose environmental, social and governance (ESG) information alongside financial results. Their first ESG reports, however, often reflect an early stage of data collection and internal control development. This article proposes a structured approach to evaluating the quality of initial SOE ESG reports, distinguishing the existence of disclosures from their completeness, comparability and credibility. A multi-criteria assessment framework is developed from widely used sustainability reporting principles, with particular attention to materiality, quantified indicators, governance accountability and external assurance. The analysis is conceptual: illustrative scoring examples do not represent observed enterprise data. The findings suggest that a high-quality first report should clearly define its boundaries, explain material topics, present measurable baselines and acknowledge information gaps. A phased improvement roadmap is proposed for SOEs and public shareholders.
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