Turkish Firms Prioritize Corporate Sustainability for Reputation Boost and Legal Compliance
The article discusses how companies in Turkey are starting to report on their sustainability efforts to meet the demands of stakeholders. The researchers surveyed these companies to understand why they engage in sustainable activities, what their priorities are, and what challenges they face. The results show that sustainability practices are important for corporate reputation, companies prioritize areas regulated by law, and they don't prioritize activities that bring extra costs. Lack of incentives for sustainability performance is a barrier to sustainability practices.