Аңдатпа
The global economy is confronted with a myriad of risks, encompassing economic instability, climate change, social challenges, and technological transformations. These risks pose significant threats to companies, their financial health, and long-term sustainability. In the era of globalization and heightened awareness of environmental and social issues, sustainable development has emerged as a critical component of business operations worldwide. To address these challenges, organizations are increasingly adopting various risk management strategies, including sustainability reporting. This practice entails the disclosure of information pertaining to environmental, social, and governance (ESG) aspects. In Kazakhstan, as in other nations, there is a growing imperative for companies to disclose their sustainability-related activities. However, the approaches to reporting in this domain remain underdeveloped, underscoring the necessity to examine current practices and formulate corporate standards. This article explores the issue of sustainability reporting by Kazakhstani companies within the framework of sustainable development, which encompasses economic, environmental, and social dimensions. The authors scrutinize current reporting practices, their alignment with international standards, and propose recommendations for enhancing transparency and bolstering business accountability to society and the environment. To investigate the risks of instability in the global economy and the role of sustainability reporting in mitigating them, a variety of methods can be employed. These methods facilitate a deeper understanding of the issue and the identification of key aspects. They include qualitative methods (such as case studies, interviews with experts and industry participants, and document analysis), comparative analysis, and the examination of political and institutional factors (including political economy analysis and regulatory environment analysis). The integration of these methods provides a comprehensive understanding of the risks of instability in the global economy and the role of sustainability reporting in managing them, offering both qualitative and quantitative data for in-depth analysis and the formulation of recommendations for businesses and governmental bodies.