Examining Disclosure of Contribution towards SDG-6 and Its Motivation among Nigeria's Premium Board Companies

Abstract

The study examined voluntary disclosure of contributions towards SDG-6 achievement by premium board companies in the Nigerian Stock Exchange. It employed a qualitative research design in which data were collected from the sustainability/annual reports of these companies and subjected to content analysis. The analysis shows overall poor quality as the disclosures are not linked to indicators that can help measure the extent of meeting the UN set target for SDG-6. Two tangible indicators disclosed are water use efficiency and construction of boreholes. However, there is no disclosure of the proportion of the population that gained access to clean water through these initiatives. Similarly, poor quality exists when compliance with GRI-303 on water information disclosure was assessed. The motivation behind the disclosures points to a continuation of their Corporate Social Responsibility (CSR). The objective is to gain a social licence to operate, and legitimation as opposed to signalling superior SDG-6 performance.

Citation

Okwuosa, I.I. (2022), "Examining Disclosure of Contribution towards SDG-6 and Its Motivation among Nigeria's Premium Board Companies", Tauringana, V. and Moses, O. (Ed.) Environmental Sustainability and Agenda 2030 (Advances in Environmental Accounting & Management, Vol. 10), Emerald Publishing Limited, Leeds, pp. 135-157. https://doi.org/10.1108/S1479-359820220000010007