20.500.12556/DKUM-95532 Skladnost trajnostnih poročil slovenskih energetskih podjetij z evropskimi standardi trajnostnega poročanja Compliance of sustainability reports of slovenian energy companies with european sustainability reporting standards Magistrsko delo obravnava področje trajnostnega poročanja, ki v sodobnem gospodarstvu presega tradicionalno finančno poročanje in vključuje razkritja o vplivih na okolje, družbo ter upravljanje (ESG). Poseben poudarek je namenjen energetskemu sektorju, ki ima ključno vlogo pri prehodu v nizkoogljično družbo, hkrati pa se sooča z geopolitičnimi izzivi, vprašanji zanesljivosti oskrbe in trajnostno preobrazbo. V tem okviru trajnostno poročanje postaja nepogrešljivo orodje za transparentno prikazovanje napredka, krepitev zaupanja deležnikov ter izpolnjevanje zahtev vse strožjih zakonodajnih okvirov, med katerimi izstopa nova evropska direktiva CSRD s pripadajočimi standardi ESRS. Namen dela je preučiti, kako se slovenska energetska podjetja prilagajajo tem zahtevam in v kolikšni meri izpolnjujejo strožje standarde razkritij. V teoretičnem delu je predstavljen razvoj trajnostnega poročanja in njegov pomen za gospodarstvo, s poudarkom na evropski zakonodaji. Posebej sta izpostavljena direktiva CSRD in standardi ESRS, ki predstavljajo prelomnico v razvoju prakse ter uvajajo strožje zahteve za podjetja. Obravnavani so tudi ključni izzivi implementacije in vpliv teh zahtev na slovenski pravni okvir. Empirični del temelji na primerjalni analizi trajnostnih poročil štirih energetskih podjetij: mednarodnega benchmarka Enel ter slovenskih družb Petrol, HSE in GEN-I. Analizirana so bila tako poročila, pripravljena pred uvedbo standardov ESRS, kot tudi najnovejša poročila za poslovno leto 2024. Analiza je bila izvedena na podlagi enotnega ocenjevalnega protokola, ki je omogočil pregled razvoja trajnostnega poročanja, preverjanje skladnosti z evropskimi standardi in primerjavo med podjetji skozi čas. Rezultati kažejo, da slovenska podjetja v energetskem sektorju postopoma izboljšujejo kakovost trajnostnega poročanja in krepijo strukturo razkritij. Največji preskok je dosegel HSE, medtem ko Petrol in GEN-I prav tako izkazujeta večjo preglednost. Enel dosega skoraj popolno skladnost in tako predstavlja pomemben referenčni okvir, medtem ko slovenska podjetja kažejo trend zmanjševanja vrzeli ter postopnega približevanja zahtevam evropskih standardov. Sklepne ugotovitve potrjujejo, da nova poročila prispevajo k večji preglednosti in primerljivosti trajnostnih razkritij, hkrati pa razkrivajo tudi priložnosti za nadaljnje izboljšave. Delo tako prispeva k boljšemu razumevanju prilagajanja slovenskih energetskih podjetij strožjim zakonodajnim zahtevam trajnostnega poročanja ter ponuja vpogled v razvoj dobrih praks, ki lahko podprejo nadaljnje strateško upravljanje trajnosti v gospodarstvu. This master's thesis deals with the field of sustainability reporting, which in the modern economy goes beyond traditional financial reporting and includes disclosures on environmental, social, and governance (ESG) impacts. Special emphasis is placed on the energy sector, which plays a key role in the transition to a low-carbon society, while facing geopolitical challenges, supply reliability issues, and sustainable transformation. In this context, sustainability reporting has become an indispensable tool for transparently presenting progress, strengthening stakeholder trust, and meeting the requirements of increasingly stringent legislative frameworks, among which the new European CSRD Directive with its associated ESRS standards stands out. The thesis explores how Slovenian energy companies are adapting to these requirements and to what extent they are meeting stricter disclosure standards. The theoretical part presents the development of sustainability reporting and its importance for the economy, with an emphasis on European legislation. Particular attention is devoted to the CSRD directive and ESRS standards, which represent a turning point in the development of practice and introduce stricter requirements for companies. The main implementation challenges and the impact of these requirements on the Slovenian legal framework are also discussed. The empirical part is based on a comparative analysis of the sustainability reports of four energy companies: the international benchmark Enel and the Slovenian companies Petrol, HSE, and GEN-I. Both reports prepared before the introduction of ESRS standards and the latest reports for the 2024 financial year were analysed. The analysis was conducted using a unified evaluation protocol, which provided an overview of the development of sustainability reporting, verification of compliance with European standards, and comparison between companies over time. The results show that Slovenian companies in the energy sector are gradually improving the quality of their sustainability reporting and strengthening the structure of their disclosures. The most significant progress was achieved by HSE, while Petrol and GEN-I also demonstrated greater transparency. Enel achieves almost complete compliance and thus represents an important reference framework, while Slovenian companies show a trend of reducing gaps and gradually approaching European standards. The final conclusions confirm that the new reports contribute to greater transparency and comparability of sustainability disclosures, while also revealing opportunities for further improvement. The thesis thus contributes to a better understanding of the adaptation of Slovenian energy companies to stricter legislative requirements for sustainability reporting and offers insight into the development of good practices that can support further strategic sustainability management in the economy. Trajnostno poročanje ESG energetski sektor direktiva CSRD standardi ESRS slovenska energetska podjetja. Sustainability reporting ESG energy sector CSRD directive ESRS standards Slovenian energy companies. true true false M. Marčič] Slovenski jezik Angleški jezik Magistrsko delo/naloga 2025-09-24 09:11:49 2025-12-02 10:51:23 2025-12-03 03:11:54 0000-00-00 00:00:00 2025 0 Maribor 0 0000-00-00 NiDoloceno NiDoloceno NiDoloceno 0000-00-00 0000-00-00 0000-00-00 502.131.1 259547907 MAG_Marcic_Metka_2025.pdf MAG_Marcic_Metka_2025.pdf 1 1228B6E9B039AD19C0659303FAD91D73 406e952da8baaac16cd83495654755ab24861bfc27d80db0ef4eefa531d5e2e4 e2511f67-b0c8-11f0-a66e-00155d000105 https://dk.um.si/Dokument.php?lang=slv&id=200173 Ekonomsko-poslovna fakulteta 0 0 0