INTEGRATED REPORTING TO REGIONAL WATER AND SEWERAGE OPERATORS IN ROMANIA

Abstract

Non-financial reporting of large public interest entities is a very important component of annual corporate reporting. This reporting emphasizes the social responsibility of these entities and highlights environmental, social and personnel issues, respect for Human Rights and the fight against corruption and bribery. In Romanian legislation directive 2014/95/EU is transposed by Order of the Ministry of Public Finance no. 1938/2016, which legislates the obligation to make a non-financial declaration for large entities of public interest. Most regional water and sewerage operators are in the category of these entities for the non-financial statement. As there is no legislated and unanimously accepted reporting framework, each of these entities makes the non-financial statement in its own approach. In this quantitative research we examine the way and content of non-financial reporting by regional water and sewerage operators in Romania.

Keywords

• non-financial reporting
• water utility
• durability reporting
• social responsibility reporting
• integrated reporting