THE ROLE OF THE SUSTAINABILITY REPORT AND ANNUAL FINANCIAL STATEMENTS - CASE STUDY OF MICHELIN

Andreea Denisa BÎRLOAGĂ, Ana Monica POP, Carmen Maria MUREȘAN, Ioana Alina BOGĂTEAN

Abstract


In the context of increasing economic, social, and environmental pressures, corporate reporting has evolved toward an integrated approach that combines financial and non-financial information. This paper analyzes the role of sustainability reporting and annual financial statements in assessing overall corporate performance, highlighting their complementarity in decision-making processes. Using Michelin as a case study, the research examines sustainability reports and financial statements for the years 2023 and 2024 in order to identify the relationship between sustainability strategies, financial performance, and long-term value creation. The findings indicate that integrating sustainability objectives into corporate strategy contributes to enhanced transparency, resilience, and competitive positioning. The study underscores the importance of integrated reporting as a strategic tool for investors, managers, and other stakeholders in the contemporary business environment.


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