THE EUROPEAN SOCIAL TAXONOMY - A FOUNDATION OF CORPORATE SUSTAINABILITY REPORTING

Abstract

The purpose of the publication is to monitor and evaluate the social parameters of Bulgarian enterprises in the context of publicizing their sustainability. This direction of scientific and applied research is on the agenda of the European Commission, the World Bank, international and national institutions. Up-to-date literary sources devoted to the social dimensions of the information disclosed by enterprises have been systematized.

Based on a statistical database obtained from the enterprises, conclusions were formulated regarding the social dimensions of the enterprises in Bulgaria in a sectoral and dimensional aspect. The social indicators, the object of monitoring and evaluation, are in full compliance with the statistical metric of the European Social Scoreboard, the core of the European social taxonomy as a tool for assessing the risk and sustainability of enterprises with social dimensions according to the latest European documents, in particular the Directive on corporate sustainability reporting.

Based on the obtained results, recommendations to businesses and government institutions have been formulated.