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From ESRS Topics to Legitimacy: Constructing Sustainability Performance in CSRD/ESRS-Aligned Reporting. A Cross-Industry Comparative Thematic Analysis

Torica, Olga LU and Torstensson, Magnus LU (2026) BUSN79 20261
Department of Business Administration
Abstract
Purpose:
This study examines how sustainability performance is constructed in CSRD- and ESRS-aligned corporate reporting across industries.

Methodology:
A qualitative comparative document-based design is used, based on annual reports and sustainability statements from 16 large Nordic listed firms. The material is analysed through ESRS topic coding, indicator analysis, narrative coding, cross-industry comparison, and theory.

Theoretical perspectives:
Institutional theory and legitimacy theory guide the interpretation of reporting convergence, industry-specific patterns, institutional pressures, and cognitive, pragmatic, and moral legitimacy.

Empirical foundation:
The sample includes 16 large Nordic listed firms across Financial... (More)
Purpose:
This study examines how sustainability performance is constructed in CSRD- and ESRS-aligned corporate reporting across industries.

Methodology:
A qualitative comparative document-based design is used, based on annual reports and sustainability statements from 16 large Nordic listed firms. The material is analysed through ESRS topic coding, indicator analysis, narrative coding, cross-industry comparison, and theory.

Theoretical perspectives:
Institutional theory and legitimacy theory guide the interpretation of reporting convergence, industry-specific patterns, institutional pressures, and cognitive, pragmatic, and moral legitimacy.

Empirical foundation:
The sample includes 16 large Nordic listed firms across Financial Services, Energy and Utilities, Consumer and Supply Chain Industries, and Heavy Industry and Materials.

Conclusions:
CSRD- and ESRS-aligned reporting functions as a standardised disclosure practice and a flexible arena for constructing sustainability performance and organisational legitimacy. E1 Climate Change was the dominant topic, while industry context shaped topic emphasis, indicator use, and narrative framing. (Less)
Please use this url to cite or link to this publication:
author
Torica, Olga LU and Torstensson, Magnus LU
supervisor
organization
course
BUSN79 20261
year
type
H1 - Master's Degree (One Year)
subject
keywords
Sustainability reporting, CSRD, ESRS, sustainability performance, legitimacy
language
English
id
9244013
date added to LUP
2026-07-01 12:55:29
date last changed
2026-07-01 12:55:29
@misc{9244013,
  abstract     = {{Purpose:
This study examines how sustainability performance is constructed in CSRD- and ESRS-aligned corporate reporting across industries.

Methodology:
A qualitative comparative document-based design is used, based on annual reports and sustainability statements from 16 large Nordic listed firms. The material is analysed through ESRS topic coding, indicator analysis, narrative coding, cross-industry comparison, and theory.

Theoretical perspectives:
Institutional theory and legitimacy theory guide the interpretation of reporting convergence, industry-specific patterns, institutional pressures, and cognitive, pragmatic, and moral legitimacy.

Empirical foundation:
The sample includes 16 large Nordic listed firms across Financial Services, Energy and Utilities, Consumer and Supply Chain Industries, and Heavy Industry and Materials.

Conclusions:
CSRD- and ESRS-aligned reporting functions as a standardised disclosure practice and a flexible arena for constructing sustainability performance and organisational legitimacy. E1 Climate Change was the dominant topic, while industry context shaped topic emphasis, indicator use, and narrative framing.}},
  author       = {{Torica, Olga and Torstensson, Magnus}},
  language     = {{eng}},
  note         = {{Student Paper}},
  title        = {{From ESRS Topics to Legitimacy: Constructing Sustainability Performance in CSRD/ESRS-Aligned Reporting. A Cross-Industry Comparative Thematic Analysis}},
  year         = {{2026}},
}