Level of compliance with environmental information in the sustainability reports in the mining and energy sector of Peruvian and Chilean companies

Abstract

The objective of this study is to analyze the level of compliance with environmental information according to the GRI, G4 in the sustainability reports of mining and energy companies in Peru and Chile; to determine whether the factors size, price, export and nature of capital influence compliance with said information. This study focuses on the extractive industry (mining, oil, gas and energy), since these sectors present the greatest environmental and social problems and cover most sustainability indicators. Therefore, the level of CSR information compliance by the organization will depend on the social and political pressures it faces in relation to its environmental performance. In addition, it is intended to know following the theory of legitimacy, the degree of dissemination of environmental information. The results indicate that 96% of companies disclose information related to improvements and positive aspects to legitimize themselves; In addition, the size and price factors exert a significant influence on the level of compliance with environmental information disclosed in their reports.