SUSTAINABLITY REPORTING

This study evaluated the impact of sustainability reporting on financial
performance of listed companies in the industrial and consumer goods sector on the Nigerian Exchange Group from 2018 to 2022. The study was carried out by extracting data from the annual reports for the period on which the descriptive statistics test, correlation analysis and the panel regression analysis were used. Sustainability reporting was represented by economic disclosure, environmental disclosure, and social disclosure, and three research hypotheses were formulated from each of the variables. The result of the findings revealed that all the variables (economic disclosure, environmental disclosure, and social disclosure) had a positive and significant
relationship with financial performance in the selected entities. The study recommends that companies should develop a national sustainability reporting framework for consistent reporting across Nigerian companies, listed entities should integrate sustainability into their corporate strategy and decision-making, investors should consider sustainability disclosures in investment decisions, and educational institutions should incorporate sustainability reporting into curricula to build relevant skills.